Archive for March, 2010

5 Sales Tips – Keep Your Candy in its Box

Marketing attracts your ideal client to you.  But, once a prospective client shows interest, many small business entrepreneurs don’t know how to get through the sales process to get a prospective client to commit working with them.

Following are some simple sales tips to keep in mind when you are talking with a prospect, so that you identify their wants, goals, get them engaged with you—and you don’t spill your candy box by giving away your precious expertise free!

1. Shorter telephone calls are better than longer calls.

Keep sales calls no longer than fifteen minutes in length.  Any longer than this, and you risk giving away too much information, excitement and energy fades, and you’ll have a tendency to give away free coaching.  The result: the client talks herself out of needing you!

2. Prequalify candidates with a questionnaire.

I used to meet potential coaching clients for coffee, or even worse, lunch…spend an hour or two with them…only to walk away knowing this person was not a right client for me for any number of reasons.  The result: I wasted a lot of time finding out this person was not ready for my services.

A better approach to prequalify candidates is when someone sends you an inquiry expressing interest in your services, send them a prequalifying questionnaire they must complete and send back to you, before your speak with them.

By doing this, if a person is truly interested in working with you, they will take the time to send the questionnaire back to you.  Then, you can review their answers to the questions, prior to calling them for an interview.  You will also have an idea even before you speak with them if they are a qualified candidate for your services.  The result: you’ve saved yourself potentially thousands of dollars of wasted time.

3. Keep your candy in its box.

Save your knowledge and expertise, and don’t give away too much information too soon (this ties in with Tip #1.)  Use time you are speaking with a prospect (after you’ve received the questionnaire) to fact-find, understand their situation, problems they need solved, and goals and results they want to achieve.

You will also ‘spill your candy’ by rushing into sharing aspects of your services your potential client may have no interest in, or does not understand.  This moves them closer to saying “No” to your services, because they appear not to fit in with their needs.

4. Let your prospect do the talking.

Your prospect should be talking 70% of the time.  If you are doing all the talking, you’re not discovering their wants and problems, and they are not articulating them.  Let them discover how you can help them through the thought-provoking questions you’ll be asking them.

Also, don’t flaunt your expertise by using technical jargon or buzz words your prospective client may not understand.  It makes you seem smart, but makes them feel less so.which is another reason for them to say “no” to working with you.

5. Ask your client what solving the problem will mean to them.

Asking this question gets them emotionally engaged with you, and the problem they are trying to solve.  By tapping into the emotional reasons, you will hit a vein of gold when they discover how solving the problem they are experiencing will change their business, and their life for the better.

Keep these tips in mind during the next conversation you have with a potential client.  By doing this you will be more successful in getting them to communicate their wants and problems to you, and getting them to say “Yes” to working with you!

Increase Productivity – Alphabetize Your Way to Productivity

Have you ever used the ‘ABC’ system of prioritizing tasks on your To Do list?  When you did this, did you end up with a list of all A’s, and being no closer to knowing what task to work on next?

Simply assigning an alphabetical code to items on your To Do list doesn’t work.  What does work is applying thought-out criteria to separate the A’s, from the B’s, and C’s.   By doing this you will effortlessly gain clarity about what activities you need to do to focus on doing in your business, and accelerate growth of your business with grace and ease.

The AaBC System

The criteria you apply to each of the tasks on your To Do list is the cornerstone of the AaBC System.  Following this system will make it crystal clear where you must spend your time on a daily basis.

A – Is for items that will 1) push your business ahead, 2) that only you can do, and 3) are time sensitive.  All three criteria must be met to classify an activity as an A activity.

A activities, by nature, are those activities that will grow your business, and leverage your unique brilliance and skills.

You should aim to invest 80% of your time performing A activities. 

Examples of A activities are—

  • Creating a new product by a specific date
  • Delivering services (such as coaching, consulting, teleseminars)
  • Interviewing serious coaching candidates

a – Small a’s are time sensitive.  However, if they don’t happen, it will not be detrimental to your business.  Time sensitivity is the only criteria a items share with their big sister, A.

An example of small a activity is adding a few more presentation slides to a seminar you are leading the next morning.  If the task is not completed, it will not significantly affect the quality of your presentation.

B – Is for items that are 1) important, 2) will move your business forward, but, 3) have no time sensitive deadline.

Examples of B items are—

  • Making contact with a potential business referral partner
  • Writing a proposal for a grant program that is ‘rolling’ (has no due date for application)
  • Following up on request to be a guest speaker with no specified date

B items are perfect activities to delegate to another person to do for you.

C – is for items that won’t any difference in your business if you choose not to do them. 

C items might include—

  • Responding to inquiries for joint venture partnerships you’re mildly interested
  • Recording a new MP3 download for subscribers to your e-newsletter
  • Responding to an interview request by a reporter of a lesser-known publication

You can do C items if you have spare time, and enjoy doing them as “downtime” from A activities.  After all, we all need a break from brainy tasks from time to time!

Also, a good rule to follow is don’t pay an assistant to do C tasks.

Remember, they won’t make a difference in your business if you choose not to do them, so you don’t want to pay someone to work on these tasks.

Learn to say, “No, thank you”

We all love to help people, and do favors for others.  However, to grow your business, you’ll have to learn to say “No, thank you” to some requests of your time.  Your time is a limited resource; once it passes, it never shall return.  Learn to say “No, thank you” to requests such as speaking at groups with less than30 people.

Making choices and prioritizing how you spend your time in your business on a daily basis will powerfully move you and your business forward, and transform your business so you will achieve your most important goals!

What are your tips for prioritizing so you focus on what moves your business forward?  Share with our readers by making a comment.