Here’s a sales process adopted from W. Edwards Demming’s principle of optimization. Break your sales process into as many discrete – but meaningful – steps as you can. Cold calling. Letter writing. Setting appointments. Identifying pain. Writing proposals. Presenting. And so on. Now, find out who in your organization excels at each step, and have [...]
Read More optimization, sales, sales training
In these ‘slower’ times, do you or your sales team take to the phone to drum up new business? If so, you may have noticed that many old “tried and true” cold calling techniques, which once were successful, just don’t work anymore. Yet salespeople still use them, because that’s all they know. They’re using an [...]
Read More cold call, cold calling, insurance sales, mortgage cold calling, mortgage selling, phone prospecting, phone selling, sales prospecting, sales scripts, sales training, telemarketing, telesales
Nothing is more pointless than spending money on an advertising campaign when no effort is made in-house to deliver on the promise to customers. I’ve had many years experience in the advertising industry. I’ve sold advertising space at radio stations and I’ve been a senior account director for a multinational advertising agency. When a campaign [...]
Read More advertising, inventory, margins, promotion
Discounting to obtain market share or sales volume is a misguided strategy. For one thing, price sends a message about quality. Do cheap restaurants sell the finest meals? Does Walmart sell
Read More differentiation, discount, price, quality, Robert Cialdini
Most business owners are becoming aware of social media, without
Read More social media, social proof, testimonials
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