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Main Page » Business & Services » Sales
 

The Danger of Success

 

Keep Your Prospecting Muscles in Shape!

The other day I was visiting with one of my neighbors for the first time in a couple of years. We live in an area where we wave to each other a lot, but don't seem to talk much. As the conversation continued we started talking about how our respective companies were doing. He owns a chemical blending company with about 50 employees that is doing quite well.

I explained that our sales consulting and training business was doing pretty well also, and then he asked me the universal question I always seem to get. Do you know of anyone who is a good sales manager I can hire?

It seems as if a lot of smaller companies need a good sales manager. I wish we could manufacture sales managers, we would make a fortune.

As we talked further he said that he was looking for someone who can expand their markets and grow their business with new customers. That of course set off an alarm in my brain, because that means Prospecting.

At this point I mentioned that what he needs is not so much a sales manager as someone who can prospect effectively. He chuckled slightly said I was right and then said "I have forgotten how to Prospect."

Now here is a man who started this company himself. At the beginning he was the head of production, operations, and sales. He did everything including prospecting so well that the business has grown to where it is today in just about 12 years. Yet he claims to have forgotten how to Prospect.

My response was that he probably hasn't forgotten how, his prospecting skills have simply atrophied. He agreed.

One of the biggest problems all of us face is the danger of success. We go out, grow a territory or market with hard work and lots of Prospecting. Then as we are reaping the benefits of all that effort we begin to discontinue the very things that brought us that success.

And the first thing virtually all sales people stop doing is Prospecting. Primarily because it is the one aspect of sales that exposes us to the most amount of rejection. Yet it is also the one area that can bring us the most reward. So the "risk" to Prospecting is matched and often surpassed by the "rewards." That is a great risks to reward ration - sure beats the lottery.

So how do we maintain a balance in our sales lives? Good question. With our BLITZ CALL System for prospecting, for example, we suggest that you decide on a specific number of prospecting calls to make per week . Then simply make that number. We emphasize that you should not be concerned about what happens on each call. But you must make that number of calls.

We suggest you decide how many Prospecting calls to make, by using our method of Statistical "Prospecting" Control (S"P"C). Here is how to do just that.

First, decide how many new customers you want in the next 12 months.

Second, determine how many people you have to call on right now to get that number of new customers taking into account your sales skills, product line, markets, and so on.

Finally, take that number and divide it by 40. 40 is the number of weeks most sales people are actually selling in a year.

The answer is the number of calls you need to make per week.

For example, lets say I want 40 new customers this year and my current closing rate is 20%, that is for every new customer I have to call on 5 Prospects. So in order to get 40 new customers, I will need to get 200 new Prospects.

Divide 200 by 40 and that tells me I have to make 5 Prospecting calls a week. Now that is pretty easy for any field sales professional.

Pretty simple. If you do this you won't have the up and down cycles so many people run into in sales. Keeping a constant flow of new prospects in your pipeline makes life a lot easier. Also, as you get better and better at Prospecting, you will have to make fewer and fewer Prospecting calls.

When you have an effective prospecting skill, don't let it atrophy simply because your business grows and you don't want to Prospect any more - times change. Now you know how to keep your prospecting muscles in shape

Sell Well and Often

Bill Truax

Bill@BlitzCall.com

Copyright 2006 WJ Truax

Author: Bill Truax
 
Author Bio:

Bill Truax

Bill is President of TRUFIELD ENTERPRISES, Inc. a firm specializing in Sales Operations Consulting and skill based training programs for Managers, Sales Professionals, and Sales Managers. One of Bill?s unique qualities is that he spends a lot of time in Field Implementation ? working with sales professionals and managers in the field.

Bill holds a degree in Marketing from Indiana University where he also earned a Commercial Pilot's license and flew part time as a charter pilot.

After graduation he spent three years as an officer in the U.S. Army where he logged 3500 hours of instruction as Committee Group Chief in charge of demolition and booby trap training at Fort Lewis, Washington.

In early 1972 Bill moved to Cleveland as a salesman with the H.J. Heinz Co. and was selected by Heinz to be a member of their National Sales Training team.

He left Heinz and joined a Cleveland insurance firm prior to founding TRUFIELD in 1978.

Bill and his wife, Sue, co-authored the book, The BLITZ CALL?, A System for Fear Free Prospecting and Making Cold Calls. The book became an international best seller. They have published two more books on Prospecting, two CDs, and they developed and conduct BLITZ CALL Workshops, Seminars, and Train the Trainer programs.

Bill has spent literally thousands of hours in the field making cold calls with sales professionals to teach his BLITZ CALL System. When Bill is in the field he actually makes many of the BLITZ CALLs himself, regardless of the industry. This is to demonstrate that anyone can prospect you just need to know how.

Bill and Sue have also copy written several skill based training programs in the areas of Sales, Public Speaking, and Manners, Courtesy, and Etiquette, which they conduct for corporations throughout North America.

Along with consulting, Bill's focus is in skill-based training, designed to enhance the skills, performance, and promotability of the people with whom he works.

Bill frequently addresses Sales and Marketing classes at universities in Northern Ohio.

When Bill is not consulting or conducting programs he is involved in sales either for TRUFIELD or in the field with client salespeople and sales managers or working with managers helping to develop and share ways to increase effectiveness, motivation, and goal achievement. He has been actively involved in Selling, Speaking, Consulting, and Sales Production since 1972.

 
 
 

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