Hope dispare 800

Change Their Direction – Not Their Mind0

By Tibor Shanto

No one likes objections when prospecting, rejection in any form is never fun, but when it cost you money and opportunity, it’s even worse. If you are in sales, you need to quickly figure out how to best deal with objections in a way that leads to more opportunities.  Some choose to hide from it, using things like e-mail, where the rejection is less direct, in the form of no response, to the first or 15th attempt; personally, I prefer to deal with objections to lack of engagement or silence, mostly because they need to be dealt with, the question is how.  Most people deal with the wrong element of objects, and in the wrong way to boot.

First, and the hardest, is not taking things personally.  This is hard when you are invested in your in your success, your product, and your company.  Add to that the Kool Aide you’ve been made to consume before they wound you up and sent you out to conquer, and it can be devastating when someone your convinced is the perfect profile or “persona”, dismisses you, your message, and your new improved never before seen disruptive thingamajig, without even a second of consideration.

Read on…

Hey – We’re moving

Yes, all the same great content and more!
Our new home: www.TiborShanto.com. We’ll still keep things here for a while, but this same great post is also available at

www.TiborShanto.com

Hope dispare 800
Make you own path

Objections Are Only Negative IF You Allow Them To Be4

By Tibor Shanto – tibor.shanto@sellbetter.ca 

Not everything prospects say that does not align or agree with your view is an objection, and more importantly, you shouldn’t react to everything as if it was. On the other hand, you also know that there will be some specific objections that are going to come up, and how one deals with that often separates the high performers from the also-rans.

One advantage of reviewing deals, as we do with our 360 Degree Deal View, is that you become much more aware hot how things turned out, why they turned out that way, and what you need to change in your approach to change the results in your favour.

As you continue to make the review central to sales approach you will also better understand which “objections” tend to come up at specific points in the cycle, and you see the impact those objections and how you handle them, have on the turn out.

As you begin to accumulate data, you will be in a much better position to know which are real objections, potentially derailing the deal, and which are not objections, as much as say questions the buyer has that are not well articulated, the prospect thinking out loud, almost reassuring themselves in the process. Other times, especially when the individual you are dealing with is part of a buying group or committee, they think through the reaction they anticipate from others on the team, and as they work through them, they may come across as an objection.

Some objections/questions, especially when you know when and where they will appear, are actually good. Yes, good, because as you get better at anticipating them, you can begin to leverage your response to move the sale forward further than if the objection had not come up. If you know that most new buyers don’t fully understand how something works, handling their objection and giving them knowledge goes much further to lower resistance than if they had not come up. Knowing this, you can steer the conversation in a way that almost forces the objection to come up. When it does, look at it like a fastball down the middle, you just need to hit it out of the park.

Make you own pathKnowing which objections/questions are going to come and when, allow you to elevate your status as a subject matter expert. Again, with the most common objections, some are best when left to the prospect to throw out, but some you should put out before the prospect does. Doing this will right off the top confirm that you are a pro and have does this before, validating your status, and allowing you to set expectations. While most of the also-rans try to avoid or hide from specific hard objections, thanking god when they don’t come up.

But you know the bridge will have to be crossed if you are going to make the sale. It has come up in every deal, when managed well, you have won, and when mismanaged you’ve lost. With that reality, it best to get it out, and over with. Timing is crucial, but again, with reviews you can quickly know when to put the objection out there before they do. It does not have to hard or dramatic. It can be as simple as “in my experience, most prospects are thinking about (insert topic), which makes sense in light of the facts, so here is what you need to know/consider/explore/change….”

Objections are only negative when you allow them to be.

Become one of the thousands of sales professionals receiving my latest updates on sales execution, tools, tips and more.

Join Now!

great than

Buy My Crap – Please!0

By Tibor Shanto – tibor.shanto@sellbetter.ca 

Many sellers forget just how many sales situations buyers are involved with, most sellers have tunnel vision in the way they view the world, a very narrow tunnel, just big enough for their product to go through. They figure the only other people calling on and selling to the buyer are them and their direct competitors, but it is important to remember that buyers get calls from a range of product peddlers. How any single buyer reacts to you is shaped more by those experiences than a direct response to your approach, if you forget to take that into account, you will fail to make progress.

One of my favourite examples revolves around the most common objection one faces in telephone prospecting, the proverbial rallying cry of the Status Quo: “We’re all set, we’re good thank you!” Those words are just the tip of the iceberg. Just under the surface they are bracing themselves for the assault.

Grab A Free Copy Of Our
Objection Handling Handbook

Sellers forget two things, first is that the purpose of that first call is to get engagement, either in the form of a face to face appointment, or agreement to participate via web tools or phone for non-direct sales. Second, is the likelihood of a prospect making wholesales changes based on an unsolicited call, are slim, and anything that makes the call fall into that category will work against you. If sellers embraced this they would find life much easier and profitable. You first need to “get in”, so you can start selling, no need to worry about the end so early in the game. Yet that is the very trap many sales people fall into, adopting an “all or none” posture that just pisses even the most will participant off.

When most sales people hear that “All set” objection, respond by saying “Well, get rid of that crap, and buy my crap!” Click To Tweet Sure they may not use those words, but that is what the prospect is hearing, as they have heard thousands of times before, from thousands of other also-rans.

You are not going to win if you focus on their current vendor, there is only one path to Nirvana, co-existence. By understanding their objectives, and having a good understanding of how you have helped your current clients achieve similar objectives, you can take the focus off the deliverable or product, and place it on their objectives.

When companies tell me they have a trainer, I don’t knock up against that, instead I focus on adoption. No matter the training the real challenge is having people adopt and change as a result of the training, a frustration for many. Rather than taking the discussion to my offering vs. the incumbent, a losing proposition, I focus on how my methodology (not framework) actually increases adoption of all training introduced by the company. I can co-exist with other providers, even direct competitors, because the issue in not the program, but how much of any training delivered will be evident in six months. Sure I want to replace, but that comes after I get in. To borrow from Lyndon B. Johnson, my variation would be “I’d rather be inside the tent pissing out than outside the tent pissing in.” Once you have a seat at the table, even at the end of the table, you will be part of the next discussion, and have a chance to take things further.

The reality is that it is often not so much your crap vs. their crap, but how can you make their crap better for the prospect.

Become one of the thousands of sales professionals receiving my latest updates on sales execution, tools, tips and more.   

Join Now!

Young beautiful business woman with heartache.

The Rejection Reflex0

Tibor Shanto – tibor.shanto@sellbetter.ca

We are all familiar with a gag reflex, a hypersensitive response to a stimulus, if you ever want a live demo, just offer me some fish.  The hypersensitivity is generally a conditioned response, usually a result of previous experiences. The experience element is key for both prospects and sellers when it comes to Direct prospecting vs. Passive prospecting.

Pundits will tell you the number one reason salespeople don’t like prospecting, especially telephone prospecting is rejection, wrong!  In actuality, it is the fear of rejection, a fear that looms so large that it often prevents salespeople from picking up the phone and actually experiencing the possibilities that exist beyond the initial rejection, the bounties of Direct prospecting.  This why they would rather spend time and energy looking for the “safer” harbour of Passive Indirect prospecting. There is no less rejection, they just don’t have to deal with it directly, and can pretend that it didn’t happen.

Learn how to handle the 5 most common prospecting objections

Rejection is not fatal, witness all the sales professionals who survive rejection daily, yet live healthy, happy and more prosperous lives than the average and passive sales person.  It first needs to be put in context, and dealt with.  The good news is that how you deal with rejection can be altered with training.  Most people look at sword swallowers with freakish fascination.  Most people gag when a sharp foreign object hits the back of their throat.  Sword swallowers train to manage and control the very muscles that causes the majority to gag.   They are not freaks, but committed to understanding and practicing what it takes to get things done.   The average person will use the gag reflex to rationalize their lack of willingness to try something new or different.  For the sword swallower it’s just another day in the office.

But that gag or Rejection reflex is not limited to just the sellers in the equation.  Based on the call, the prospects often experience a gag reflex of their own.  Remember that the reflex is an involuntary reaction to previous experiences, in my case fish, in the case of the prospects, it is all the crappy prospecting calls they have received prior to the current one.

One way to avoid the “Reflex” on both side is for sellers to take a different approach to how they prospect.  Most sellers and passive prospecting approaches, say social selling, use a tired and worn out approach, one based on “pain points”, “Solutions” or “needs”, leading to very similar talk tracks.  After a few hundred(s) of these calls, it only takes a few choice words from the seller to trigger the gagging and hacking that leads to rejection, and usually in very predictable ways.   80% of the time 80% of prospects will have one of five most common reflexes, the five most common objections.  This means that a pro who not only takes the time to craft a better talk track based on future looking objectives, and then also spends time preparing to Take Away the most common objections, will engage with more prospects, more often, leading to greater success, and way fewer “Reflex” incidents.

Become one of the thousands of sales professionals receiving my latest updates on sales execution, tools, tips and more.

Join Now!

Not interested

They’re Not Interested – What Now?3

By Tibor Shanto – tibor.shanto@sellbetter.ca 

No one likes objections, the number one reason for sales people hating cold calling is the cold reality of the objections. I get it, but when you think about it there are probably five common objections you will face in telephone prospecting. About 80% of the time, 80% people we are calling will go to one of these five objections. While none are pleasant, especially when you are not ready, the most frustrating seems to be the “Not interested” objection. Seems the most sensible people lose their mind for a second.

I recently had a call from someone for a product, that based on their introduction I felt I did not need, did not want, and would not help me in any way. I told the rep: “no thanks, no interest at the moment.” Sounding somewhat irritated, he asked “why is that?”.

Me: Based on your intro, I don’t see the need, so thanks, but not interested.
Rep: I get that, but why not?

At this point, I said “Well get this” as I hit the end button.

Now he is not the worst I have had, and I figure his frustration was not with my reply but the fact that he blew it and had no clue how to handle it any other way. (He should take my program)

First mistake, he assumed that telling me about his brand, and their Unique Selling Proposition (which other than his company’s name was not unique at all), would arouse a deep and hidden need and desire. I had what he was selling, so need and want were non-factors. What he should have done is align his approach with my priorities, and how they may contribute to them.

I would argue that the main reason someone says they are not interested is that they gleaned little or no value from your intro, and what little they may have, was not enough to displace a current priority. The oldest rule “What’s in it for them”, yet most calls are about “us, and what we do, and we, we, we.” If you offered something of real interest, you would get a different response. Don’t believe me, call five people and offer them $1,000,000 and see how many “Not interested” responses you get.

I am not suggesting that you have to go to that extent, but you do need have a clear idea of how you can impact the prospects business and objectives in a very specific way. And that’s where the work comes in, speaking to those points that are on the minds and the ‘to-do’ lists of byers. Given that there are multiple buyers in each decision, apparently 5.4 buyers, it means work. Generic “we, we, we, ROI of that” no longer cuts it unless you happen across someone who has that specific need at the time you call, not likely, less than a 30% shot. But 100% of businesses and business people have objectives, that’s where the value is, that’s where their interest is.

Want to handle objections better, grab our Objection Handling Handbook now, normally $12.97,
free by clicking here.

Become one of the thousands of sales professionals receiving my latest updates on sales execution, tools, tips and more.   

Join Now!

Ready – Set – Go Part I0

By Tibor Shanto – tibor.shanto@sellbetter.ca 

iStock_start biz race resized

Tuesday we enter the “final half” of the sales year, the unofficial intermission that is summer comes to a figurative end, and harvest season is upon us. Now if you did a good job of ploughing, seeding and nurturing (even fertilizing), in the spring, you are truly in a position to harvest. On the other hand, if you did not tend to your pipeline before the summer, you’re left hoping for rapid growth season before winter descends on your income; too bad they don’t make Miracle-Gro® for pipelines.

Based on which of the above groups you are in, you will need to attack September – December in different ways. If you are in the first group, and invested the time and effort early in the year, and set yourself up for a bumper crop, you have two areas of focus, first to fully harvest and maximize your opportunities; second to set yourself up for success in 2016.

To fully maximize opportunities, start early, segment your pipeline in to two general groups, those that are truly just in need of harvesting, and those that still need some work to complete. In this latter group I would take a close look at those opportunities that based on past experience have the attributes of a deal likely to close this year, and those that, on sober consideration, are not likely to close this year, but will/may likely slip into next year. To be clear this is not to say that you toss or forget or sandbag, in fact the opposite, work them, because they will contribute to next year’s quota, but be practical and think about how you spend your time proportionally. Time is not recyclable, leads (and opportunities) are, invest your time in a way that yields maximum results, now and in the future; divide your time to skew towards those opportunities that are ripe and ready to happen now.

With the opportunities that will close, it is all about coverage, and focus. Start with a recommitment to having a plan and executing that plan. The challenge as always, is having a plan aligned to the buyer’s objective and demonstrating your ability to impact and drive those objectives. Part of that plan is understanding what needs to happen at each stage in order to continue to move the opportunity forward based on previous deals. Map it out so you can identify critical points along the buy/sell trip, and critical actions required to successfully complete those critical points. The map is your planning tool for your meetings and encounters with buyers, helping both you and them agree on next steps and move towards desired and identified outcomes. This will help you accelerate deals, and free up bandwidth to prospect and set yourself up for next year.

Now if you are in the other group, in a panic to make something of the year, tune in next Monday for Part II of Ready – Set – Go.

Tibor Shanto    LI Bottom banner

Proactive Prospecting — Turning an Interruption Into a Sales Conversation #webinar0

Thursday, Aug. 20 – 4:00 p.m. Eastern

iStock_multi lockSmall

If you are in sales, you are also in prospecting. Getting in front of the right buyer is critical for sales success, yet many sellers struggle to maintain and leverage a consistent prospecting regimen. This webinar will show you: why reps are reluctant to prospect; how to help them overcome this reluctance; a proven process for prospecting success; how to deal with email and voicemail; and a means of creating sustained change behaviors in your team members. You will learn why looking for need and pain will limit prospecting success, and what you have to introduce into the call if you are going to overcome apathy and complacency in buyers. You will also learn how to deal with the most common objections you will face while prospecting.

Join me this Thursday August 20, at 4:00 pm Eastern for a webinar full of actionable insights.

Register

Delivery Over Messaging In Prospecting Calls0

By Tibor Shanto – tibor.shanto@sellbetter.ca 

Bulls eye

When it comes to effective prospecting there is usually a complete imbalance between two critical components of an effective message. Effective here means leading to initial engagement. The two components are “the content” of the message, and the “delivery”. The being the ability to ensure that the content is packaged and delivered in a way that the recipient can full receive and digest it and get out of it what the seller intended. Most people tend to focus way too much on the message, and the content, then fail to pay sufficient focus and energy on the delivery, often resulting in great content and message being wasted.

The important part of the delivery is “dynamics”, what is happening on the prospects side of things that will enable them or prevent them from taking on the message. Your value prop is a flop if it lands on deaf ears, on the other hand if you can get the prospect to take in the message, even a semi polished message will go further than the perfect line that misses the target.

Most prospecting calls, OK, cold calls, usually fall short because the caller is thinking too much about their end of the call, not the prospects end. First and foremost they are trying, and frankly encouraged by many pundits, to come up with a message that will avoid or side step an objection. Well forget it, that is not happening, when you are interrupting someone trying to pack 16 hours into a ten hour day, you will get an objection, because you are an interruption, no matter how golden your message or revolutionary your product. The only way to avoid objections is to not make the call, and I know some resort to that method. Add to that the fact that no matter how cool or “disruptive” your product, they think they already have it or something like it, remember you called them.

So you have to make it about them. Now I know you’re all sitting there saying I already do that, but having listened to thousands of call delivered by hundreds of reps, you’re not. What I hear is people telling the prospect about their company, what they do, and their product, and only after that do they get to the good stuff, what’s in it for the buyer, but even then, it is often to general. What reps tell me is that they need to introduce themselves, no you don’t. You need to introduce what’s in it for them. By the time you get through your intro they are either asleep or looking for a window, not to jump, but to throw the phone through. Lead with the outcome, the happy ending, the punch line, whatever you wanna call it, give them the end, then work back from there. This will help you get their attention, ensure the message gets through, and will set you up to manage their objectives more effectively. Now, if you want to better manage their objectives download the Objective Handling Handbook, normally $12.97, free today.

This but one example of how the delivery can make a difference. There is also the words, the tone, the cadence, and more, the key is to not focus entirely on the message, and put more attention to the delivery and dynamics involved.

BTW – you can start by joining me today at 1:00 pm Eastern, for a webinar I am present with data.com, I will be showing you how to Mastering voice mail, e-mail, and other tools of Prospect Pursuit Success! 

Tibor Shanto    LI Bottom banner

Changing the Odds In Your Prospecting0

By Tibor Shanto – tibor.shanto@sellbetter.ca 

poker card player gambling casino chips selective focus

How much of a premium would you pay to bet on a sporting event where the odds favoured your team over the other by 6000 to 100? A no-brainer right, in fact too good to be real, right? Let’s look at it a bit differently, how would you like to be up against a professional opponent favoured by similar odds, an opponent who practices every day, honing their skills and techniques, improving their game day in and day out, while you only occasionally dabble in the sport?

I am guessing most of you are saying no to those odds, and would probably pass on getting in the ring with that level of mismatch. But I see sales people do this very thing on a regular basis, but instead of a five dollar bet, what is on the line is their income.

Sales people get into to the ring every day, unprepared and underestimating their opponent’s skills, abilities and level of preparedness. What I am talking about specifically is prospecting, especially for buyers in the deep sea of Status Quo. We are not talking about buyers who are actively looking, visiting your website, or buyers who were referred to you because they called their friend in a hurry looking for the exact thing you sell. No the buyers I am talking about did not expect your call or e-mail, these buyers would swear up and down that they don’t Need whatever value you are proposing. This is not to say that they would not derive value from what you offer, but left to their own devices, when you phone, what you are selling, or what you are proposing, is not on their radar.

Further, they are trained professionals at shutting down people who call them in the middle of their work day and ramble on about something that does not align with their perceived priorities.

I ask sales teams I work with: “how many unsolicited sales calls do you think your average target gets on a daily basis? Stop and ask yourself that; think of what you sell, think of all the things that individual buys that you don’t sell, how many calls do they get?” I get a wide range of answers, from five a day to 20 per day. Let’s take the lower end, five unsolicited sales call per day; 25 per week; assuming they work 48 weeks a year, that’s 1,200 calls per year. Now let’s bring some more reality to the scenario, say they have been on the job for five years, that’s 6,000 calls! Take that in a minute.

That’s a lot of practice in tuning out the beige and bland! How many times in those 6,000 calls do you figure they have heard empty words like:

  • Solution
  • Reliable
  • Productivity
  • Efficiencies
  • Customer centric
  • Improved work-flow
  • Dependable
  • Blah Blah Blah

After a time it all sounds like the teacher in the Peanuts cartoon, wha whawha, whawha wha wha.

How practiced are they in blowing you off and getting back to work? Infinitely more than the average seller. They have it down, so down they can do it without thinking or “being in the call”. When they give their initial objection, they don’t even think about what they are saying, they just deliver the fatal blow:

Seller: Increase productivity blah blah, work-flow.
Buyer: Thanks, but we’re all set
Seller: Well perhaps I can send you information in case you ever need a back-up, I can call you back in a few months (putz).
Buyer: Sure you do that, thanks! (back to work)

Knock out!

This why sales people hate telephone prospecting, high rate of rejection, low rate of success.

Does it have to be that way? Absolutely not!

Why is it that way? Because sales reps are nowhere nearly as prepared as the person at the other end of the phone.

Yet one of the hardest things is to get sales to practice and prepare. Rather than practicing, developing skills and a proper game plan, working on avoiding sounding like all the other voices, they do the same thing over and over again. What was it Einstein said about this type of behaviour?

Attracting Status Quo buyers is not that difficult, you just need to change a few small things, and practice. And I don’t mean on unsuspecting buyers, but before you pick up the phone or fire off that e-mail.

Start by changing the your goal for the call, your goal is not to impress them, not to have a conversation and develop rapport or trust; your goal is to get engagement in the form of an appointment, live, web or telephone, where the buyer has agreed to engage in a business conversation. Singular measure of success, engagement!

Change the narrative from needs or you and your company, not what you do, and how you do it, frankly no one cares, no really. Tell them what they will get out of it, speak to specific impacts and outcomes others in similar situations realized; not in feature benefit speak, they’re hip to that, but in business terms they speak every day. What will they tell their boss changed after you? This takes focus and practice, if you are going to wing it like most of the 6000 have done, if you are going to spew you value prop hoping it will impress them, forget it, you’ll just be 8001, they’ll go back to work, and you?

Tibor Shanto    LI Bottom banner

Mastering Tools and Methods of Prospecting Success #webinar0

Business man point: Turn Prospects Into Sales Appointments

Wednesday June 10, 10:00 am PT/1:00 pm ET

Prospecting continues to be the most sought after skill when companies hire and promote sales professionals. The better you are at identifying and engaging with the right prospects, the more success you will have in your sales career. But to achieve success in prospecting, you will need to master two key elements

1. Sourcing the right leads and crucial information needed to reach that prospect
2. Connecting and engaging with those leads and converting them to pipeline opportunities

Join me and Clinton Rozario, as we present you the methodologies and tools that will help you master the two elements above, and keep you pipeline full and healthy.

By attending this 60 minute expert talk, you will learn how to become more efficient at both lead generation and prospecting and following up, thereby allowing you to spend less time in gaining more prospects and freeing up time to sell more to new and existing clients.

By attending this webinar, sales professionals can learn about

• Leveraging Social Platforms for Micro Targeting
• Reaching C-Level Decision Makers on Social Networks
• Proven method for successful B2B Prospecting
• How to sustain a continuous flow of opportunities
• Lead Gen and Prospecting Tools that will make you more efficient and successful

About Clinton

Clinton Rozario is an expert in B2B lead generation and prospecting on social networks. He has been the chief architect of several such patented products at eGrabber. He offers his expert advice about B2B sales lead generation at various forums and has written numerous articles on the same.

Register

 

 

wordpress stat