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4 Deadly Sins Guaranteed to Kill Your Sales Efforts

Posted by Teicko Huber on Sat, Mar 27, 2010 @ 11:09 AM
  
  
  
  

Awareness-Interest-Desire-Action (AIDA). Small businesses have been successfully using this approach for over half of a century. Although the ‘end’ may be the same, e.g., a closed sale, the ‘means’ have now changed quite drastically with the advancement of technology and communication mediums like social media used by today’s salespeople.

This blog post is about the 4 deadly sins I see killing a lot of small businesses.

Sin#1) Awareness– Cold calling is now backward thinking. Sure there are plenty of old school tactics to get the prospects attention, but if the salesperson hasn’t even seen the prospect’s homepage and have a certain level of understanding of their business they’ll unlikely be able to sustain the prospect’s attention for very long. They may actually be offended – which is not always a ‘bad’ thing, but in this context it surely is.

Sin #2) Interest – By tracking prospect’s conversations in social media, e.g., LinkedIn answers, Twitter, Facebook Page, the salesperson will gain insight as to what’s currently happening in the prospect’s world. When the salesperson does find a gem of a conversation, they may choose to engage the prospects within the social network in which the dialog took place, or they can simply make the phone call and and make a much warmer introduction – situation dependent.

Sin #3) Desire – Strike while the iron’s hot, as they say. It’s critical that salespeople be at the point of action and the only way to make sure they’re is to do some front end work with your marketing budget. I mean seriously. What’s the return on investment (ROI) having a salesperson cold call on cold cold prospects a hundred times a day and having to warm them up over and over. Sounds like reinventing the wheel to me.

Sin #4) Action – It’s true that differentiation takes place from the very beginning, but this needs to be maintained throughout the entire process to this final stage of action. But the truth is, with inbound marketing, the prospect will be continuously taking action this whole time by downloading your whitepapers, watching your informative videos, participating in dialog on your Facebook Business Page, etc. The ‘soft touches’ are no longer follow up phone calls, it’s re-tweeting your prospects latest update.

Are you still stuck in the 1980’s,90's,200's with your sales and marketing methods? Give us your feedback (blowback or not), we’d love to hear your thoughts.

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COMMENTS

Great article Teicko! Keep 'em coming. 
 
 
 
Have any insight on how to sell "consultancy" w/o giving away a great deal of intellectual property in the sales process?

posted @ Tuesday, March 30, 2010 5:06 PM by Angela Hemauer


This question is best answered with a question. Why is that someone is unwilling to pay for advice if it is truly valued. There are few people that would go to a professional and not expect to pay for the advice and the service.  
 
Here are a few things I've found to be true if you find yourself giving away too much for free. 
 
1.The best way to demonstrate your worth is to ask questions that leave prospects with an I don't know. Asking and not telling is the most powerful way to direct thinking and position yourself with power. 
 
2.Listen twice as much as you talk.It is hard to give away good ideas if you are listening. 
 
3.Set clear expectations. I personally let people know that get 60 minutes with me for"free" in which I let them talk for 40 minutes and I direct the conversation by asking questions that elucidate the gap between where they want to be and where they are. 
 
4. Finally, I wrap up the meeting getting their commitment the problem is too big for them to tackle on their own. I also get them to agree fixing the problem has a value and it is worth fixing. 
 
So as a closing thought, for people that are drivers it typically is their impatience to get stuff done that makes this approach difficult to execute this approach.  
 
Remember, seek first to understand and demonstrate your knowledge by the questions you ask, not the IP you share. 
 
I hope this helps.

posted @ Wednesday, March 31, 2010 7:52 AM by Teicko


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