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High Probability Selling : Top 10 Prospecting Tips
Business coaches fail at an alarming rate. So few succeed that it makes me wonder why they bother to take the training in the first place. Maybe it’s because they think they are special and the laws of doing business successfully don’t apply to them?Or maybe, once they master the training, it dawns on them that nobody cares how good they are enough to call them up and ask them to please coach their business. They realize, much to their sorrow, that coaching - like every other professional service, is sold it is not bought. And if you’re one of those who disagree with me, you are either going quickly out of business or you are selling coach training services. The challenge then is how can you sell successfully and keep your self-respect as a professional? The answer is High Probability selling. That’s what I’ve done for years. I learned from Jacques Werth, first in his highly acclaimed book High Probability Selling and later in one of his amazing sales training course, that this is indeed possible.
For years now I have had a policy that, simply stated, is “I will not meet with anybody about my services unless they have agreed (before we ever meet) that they will do business with me, NOW. This really cuts down on the number of appointments with the unwilling, unqualified, and uninterested people who will give me and appointment but never agree to do business with me. High Probability Selling changed my career and my life. Not because of it’s simple techniques, but because it just made sense. I was told, by sales trainers and other so-called experts that the objective is to get the appointment. You can’t make sales without appointments, so get as many appointments as possible, was how it went. This did not make sense to me. Why should I shoe horn people into appointments who were clearly not going to buy my services now? Ah, so I could ‘educate’ them about my services and the solutions I provided. That to me seemed stupid. It made more sense to wait until they were ready to buy, high probability prospects, and then go see them. By then they would be educated already by my competitors. What always made sense to me was to continually call on my suspects, people who seemed to fit the profile of who I was looking for, then as they became prospects I would continue to speak with the regularly and briefly until the planets were aligned and they said, OK Wayne let’s do it. I did not have a particular methodology - I just made it up as I went along. I did not tell anyone how I worked because it was against everything we had all been taught. Imagine my surprise when I met a genuine expert who had researched the selling process and put a frame around it, calling it High Probability Selling. Here is a recent article he wrote and sent to me. Read it carefully, visit his web site. Get yourself a copy of High Probability Selling like I did. And attend his sales training workshop like I did. You’ll become a High Probability Selling missionary like I am.  Top 10 Tips for Prospecting Success To succeed in sales, you must be able to find and close a sufficient number of qualified prospects. That points up the reason most salespeople that do traditional “cold calling†fail. They fail because most of the appointments they make are with Low Probability Prospects who cannot be closed. Furthermore, their attempts to get an appointment with everyone they talk to causes so much resistance that most prospects will not talk to them again. That prevents them from developing a favorable relationship with most of their prospects. The ability to prospect efficiently, effectively and enjoyably will enable you to meet with prospects that need, want and can afford your products and services- now. Your confidence will soar, and empower you to develop a consistently superior income stream. Follow these 10 Tips for Prospecting Success: 1. Start with a highly targeted prospecting list, consisting of people or companies that are most likely to buy your type of products and services. Use a highly reputable list broker to find such a list. The cost should be no more than 25¢ per name. Start with a list of no more than 500 names. You cannot afford to develop your own list, unless you already have a book of business. In that case, call your existing customers as if they are new prospects. 2. Call every name on your list every 3-4 weeks. Understand that only a small percentage of your list will be ready to buy the first time that you call. Many more will be ready each successive time that you call. Most prospects will not want to meet with you until you have presented prospecting offers at least three times. 3. Present a “prospecting offer†of no more than 45 words that clearly states who you are, what you are selling, and two features of your product or service. Finish up with “Is that what you want?†Each time you call, change the two features. That will prevent most prospects from getting annoyed. It will also eliminate most of the rejection that is caused by traditional cold calling. 4. If the prospect says “No†or “I am not interested,†you say “Okay, good bye.†Do not press for an appointment. Do not try to engage the prospect in a conversation or ask any questions. That will be the most pleasant sales call they ever get. It will assure that less than 1% of the prospects will ask you not to call again. 5. Schedule your prospecting sessions for 3½ hours. Take a fifteen-minute break between each hour. That is more productive than five prospecting sessions of one hour each. 6. Tape yourself. Use a tape recorder with an open microphone to tape your side of each call. Start the tape when the prospect answers. Listen to how you sound. The goal is to hear yourself using your usual conversational tones. Do not try to sound like a professional salesperson. Do not come across as overly enthusiastic, unusually friendly or enticing. Just relax and present your offer without persuasion. 7. Always be in a “Disqualification” mode. Be determined to spend your selling time only with High Probability Prospects. Disqualify low probability prospects quickly and courteously. Don’t allow desperation or anxiousness to deter you from that mission. 8. Accept the fact that prospecting really is a “numbers game.†The most important numbers are your Dials Per Hour and the ratio of prospecting Offers to Dials. 9. Keep accurate records of your prospecting sessions. We have trained thousands of salespeople to be successful prospectors. The most successful keep accurate records. The act of keeping records will cause your subconscious mind to constantly improve your results. Ask us to email the “High Probability Prospecting Activity Record†form to you if you need it. 10. Telephone prospecting is the most productive way to build up your sales volume, with very little up-front expense and a minimum of marketing expertise. Start with telephone prospecting, and eventually you will get so many referrals from your existing customers that you will need to get an assistant to do your prospecting for you. If you are serious about your career you should read High Probability Selling. If you won’t do something as simple as that, well - I guess we define “serious” differently.  All the best,  Wayne     Realize Your Personal, Professional, and Business Potential With A Little Help From Your Friends. Leave a ReplyYou must be logged in to post a comment. | |