Your Sales Need a Little R & R
By Lee B. Salz
Every
sales person needs to improve their approach in tough economic
conditions. A little R & R is in order and it's no vacation!
So you
read this title and you are probably thinking that I've lost my
mind, that I'm suggesting that you relax and just let sales happen.
Take the pressure off and ignore all of the sales training you have
received in your career. Forget what that sales manager is telling
you to do.
Not the
case! If you are in the sales profession, there is no time for R & R
when it means rest and relaxation. Have you seen the news? Gas
prices are skyrocketing. The stock market is in a state of flux.
Foreclosures are at record levels. Flying on a plane costs about the
same as a trip on the space shuttle. How can you possibly think that
this is a time for taking a break?
This is
the time when you need to sharpen your skills and improve your game.
People are still buying, but they are more circumspect when making a
decision. Thus, the game of sales is more competitive than ever
before. When I say R & R, I don't mean taking your foot off the
accelerator. I mean building a reference and referral
program to drive your sales.
Why
group references and referrals together? In addition to having the
first letter of the word in common, they share something else in
common. That commonality is that the time in the process when you
can ask for either a reference or referral is the same. And, there
is only one time in the buying process when you can ask someone to
provide you with a referral or serve as a reference. But, when is
that time? One of my favorite questions to ask of sales people is
when is the only appropriate time in the process to ask for those?
Some say, at closing. Others say, when you implement or upon
delivery. Still others say that any time is the right time to ask.
None of
these are correct! The only time when you can ask someone to serve
as a reference or provide you with referrals is when you have earned
the right to ask them to do so. This is the absolute only time. That
said, you may earn this right with a prospect without them ever
buying anything from you. Maybe, you introduced them to a strategic
partner that can help them in their business. Perhaps you helped
them to identify areas of concern that need to be addressed in their
business. In those instances, you have earned the right to ask for
referrals. (There is also a unique strategy for using references
which is presented in my article titled, "The
Most Underutilized Strategic Advantage.")
But, how
do you ask for a referral? (This is another fun one for me.) Many
years ago, I participated in a train-the-trainer program for
facilitators. The biggest takeaway for me was learning how asking a
question different ways yields different results. Think back to
elementary school with the curmudgeon school teacher who finished
the lesson, looked over the top of her glasses and asked the class,
"Any questions?" How many people raised their hand? None! Why? The
inference here is that no one should have any questions, thus, no
one asked.
Across
the hall, another teacher finishes the same lesson and asks the
group, "What questions do you have?" How many people raised their
hand? Three? Five? Ten? Both teachers finished the same lesson and
both checked the class for understanding of the knowledge. What was
different was the inference. Asking what questions do you have,
infers that you should have questions. It invites a response.
So, what
does this have to do with referrals? Sales people often ask for
referrals by saying, "Do you know of anyone who might be interested
in our services?" Rarely does that generate even a single name. The
knee-jerk response is, "No, not off the top of my head, but I'll
keep it in mind."
Try
asking the question like the second teacher in the story above. "Who
do you know that would be interested in our services?" The inference
in this question is that they should know someone who would be
interested in your services. That slight tweak in your approach will
yield far more referrals than you ever have received before.
Another
reason why I group references and referrals together is that I find
that sales people are often not disciplined in asking for them.
While some commit a faux pas and ask at the wrong time, most don't
ask at all. They are so focused on the next sale that they forget to
squeeze all of the juice from the opportunity in front of them. What
is the easiest sale to make? Other than a repeat sale to an existing
client, there is no easier sale than one that comes through a
referral with the support of a reference. It boggles the mind that
sales people don't uncover these sales nuggets.
In most
selling situations, one of the biggest hurdles to overcome is trust.
Think of all of the horror stories out there on selling. The list is
endless. For buyers, sales has the stink of bad fish on it. The
standard buyer move is to shake the sales person's hand and then
cover their back pocket where their wallet is stored.
As a
sales person, when you work with a referral, you start with a
high-degree of trust since this person was referred to you by
someone who has had a positive experience with you. These sales come
together more often and with a shorter cycle. Need a reference for
this prospect, already done! Since the prospect was a referral, the
"referee" can also serve as a reference.
If you
are a sales manager, put a program in place to drive R&R behavior.
Have weekly goals for your sales team to develop references and
referrals. Monitor the progress and reward those who exhibit the
behavior.
If you
are a sales person, don't wait for your sales manager to put this in
place for you. Control your destiny and hold yourself accountable
for developing a specified quantity of references and referrals each
week. This strategy will lead you to generate exponential sales
under any economic conditions.
Lee
B. Salz is the CEO of Business Expert Webinars, President of
Sales Dodo, and author of
“Soar Despite Your Dodo Sales Manager.” Known as “The Sales Dodo,”
Lee specializes in helping companies and their sales organizations
adapt and thrive in the ever-changing world of business. He is an
online columnist for Sales and Marketing Management Magazine and the
host of the Internet radio show, “Secrets of Business Gurus.” Look
for Lee's new book in 2009 titled, "The Sales Marriage… How to Hire
the Right Sales People." He is a passionate, dynamic speaker and a
business consultant. Lee can be reached via email at
lsalz@salesdodo.com or by phone at 763-416-4321.
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