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The Forgotten Art of Prospecting |
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There are usually two types of sales people, who prospect-
New sales reps with an undeveloped client list and Mature
sales reps who are in a panic because a large chunk of their
business has disappeared.
Quite a few sales people fall somewhere between motivation and
desperation when it comes to prospecting. The new sales rep is
motivated to get up and running. The mature sales rep has a
sense of desperation because they got away from prospecting
and may have forgotten how to prospect. The real tough part
can come from being caught in the middle also known as the
“Comfort Zone”.
When was the last time you prospected a new account? Notice
the “a” in a new account. That means just one. This question
usually creates discomfort especially when a sales manager
asks. Here are some excuses:
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I have been so busy filling orders that I haven’t had time.
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We are a service organization so I’m spending my time
servicing.
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I’ve got a few accounts that I’ve been thinking about.
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Isn’t that what all that marketing does?
So why does prospecting create so much stress? Cold Calling is
one major hurdle. Everyone loves the results of a magic cold
call, where the prospect says, “where have you been all my
life”. The tough part is that very rarely does one simple call
turn our sales results around.
Here are some tips that you may already be part of your weekly
sales routine:
Place a prospect call at unique times. Between 8am and
8:30am or between 5:30 and 6pm are some excellent time frames.
These are key times when decision makers have more time to
talk and they may be working on a challenge you can help
solve. Friday afternoon is a great time to reach
decision makers. Less competition from other sales people and
shows that you are willing to work a full week for your
client.
Leave voice mail messages at night. It’s better to be
the first message your prospect hears in the morning than
being trapped in mid-day telephone traffic. Being first
increases the odds of a call back.
Prospecting takes time and efforts start to multiple.
Sometimes it will take at least 90 days (sometimes longer or
sometimes shorter) to complete the sales cycle. That’s where
by prospecting as part of your on-going sales strategy, you
will have business developing through out the year.
A cold call should only be a cold call for the prospect.
Take the time to find out about the prospect’s organization,
the industry, and the prospect. There is a ton of research
available that you can use or you can pass it along to the
prospect with a note attached “thought this might be or
interest”.
Pace yourself. There is a time investment with
prospecting. That’s why the new sales person has so much time
to invest in prospecting. They actually have lots of time and
not so many clients. For mature sales people, they understand
that they have to make time for prospecting.
Like any investing - start small with achievable goals.
Allocate a specific time each and every week and keep to that
schedule. It’s always easy to push prospecting ahead into the
good intention lists of tomorrow. Make an appointment with
yourself and keep it. Your time is valuable
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