Tag Archives: prospecting

Harness the Power of Referrals to Make Prospecting Easier

By Jeff Beals

A client of mine once needed help opening a branch office in a different city.  I called a commercial real estate company owner I knew in that town.  The owner connected me with one of his young sales reps who was excited to receive the referral.  The rep thanked me profusely. I thought, “Well, I chose a great guy to do this deal!”

But that turned out to be the last time I heard from him.

Six months later, I ran into the client I had referred, and he told me he ended up doing a deal in that city. I asked how the rep to whom I connected him. My client’s response was troubling: “I actually never heard from him, so I used someone else.”

I was incensed. I called the sales rep and asked what had happened. He stammered a bit and basically told me he let the client “slip through the cracks.”  That was not something I wanted to hear.

The rep should have given my client extra attention simply because it was a client referred by someone. He should have sent me a short email each month during the deal keeping me up to date or at least notifying me each time the deal passed a milestone. I entrusted him with one of my precious clients, and he let me down.

By blowing off a referral, the young sales rep missed out on a golden opportunity, because referrals are one of the most important tools we sales practitioners have in our toolboxes.

You want to know the quickest path to prospecting success?

Use referrals.

It’s getting harder and harder to cut through the clutter and reach influential decision makers. That’s why referrals have never been more valuable than they are today.

In an era when buyers are jealously protective of their time, a referral from a trusted source is your ticket to the show. The higher up a prospect is in a company, the more important referrals are.

Reaching busy decision makers is not the only reason you should ask past/current clients for referrals.  By asking for business leads, you could find out about prospects who otherwise would remain hidden from your view.  There are essentially thousands of prospective clients out there who you do not yet know and who have not heard of you.  A referral is your ice breaker, a chance to know someone who could someday become one of your best clients.

Additionally, referrals can get prospects thinking about making a change even when the thought of changing hadn’t previously entered their minds.

For example, let’s say there’s a client who is marginally happy with their current vendor.  They’re happy enough that they don’t feel compelled to look around but they’re not so satisfied that they wouldn’t consider an unexpected solicitation from someone who referred you.  A referral could be just enough of a catalyst to make them consider a new provider. Referrals are catalysts.

Have No Fear

Despite the power of referrals, some sales professionals are hesitant to ask their current/past clients.  Perhaps they are worried the request will be an unwanted interruption in the client’s busy day.  Perhaps they’re worried they didn’t do a good enough job for the client.  Perhaps they fear “going to the well one too many times” — they already took time from the client when doing the deal, so they feel guilty taking more of the client’s time now.

If you have done a good job of serving the client while at the same time building trust, have no fear or hesitation asking for a referral.  In fact, you could make the argument that the referral actually strengthens your relationship with them.  It’s kind of flattering when a vendor wants me to make referrals on their behalf.  It shows me that I was an important and prestigious client.

Asking for a referral puts you and the client on the “same team” and creates more of a friendship between the two of you.  Furthermore, saying nice things about you to others reinforces and reminds your client why you’re so awesome.

Some clients might actually be a bit offended if you don’t ask for a referral. I once had a client with whom I worked a long time and built a nice friendship. After a couple years, I finally asked for a referral and testimonial.  Her response?  “I was wondering why you never asked me for that!”

Who Should You Ask for Referrals?

  • A person whose name, title and profile make you look impressive
  • Someone who will say great things about you
  • Someone who is very pleased with your product or service
  • Someone with whom you have mutual trust
  • Someone who has a large number of valuable contacts

When Should You Ask?

There’s no set time in the sales process when you are supposed to ask for a referral. That said, it’s probably best right after you have done a great job and your client is basking in your good work. Some sales pros are hesitant to ask a client from long ago.  Don’t fret if time has gone by.

Simply call and say something reminded you of them and how much you enjoyed working with them.  Then ask for a referral.

Referral Process

If prospects agree to give you referral, the best option is to have the referrer connect you directly They could make a coffee or lunch appointment for the three of you or perhaps send an email introducing you (“There’s someone you NEED to meet!”). If this isn’t an option, perhaps the referral giver could arrange a three-way phone call.

The second-best option is for the referral giver to send an email or make a phone call letting the targeted person know you’ll be calling and why they should talk to you.

If the referral giver isn’t willing to do either of the first two options, you will have to initiate the contact with the targeted person mentioning the referral giver’s name.  Before making this call, make sure you have referral giver’s blessing to go ahead and make the call.

Before you talk to referred targets, learn all you can by asking the referral giver about them and by researching them online.

Keep the referral giver informed throughout the sales process. It’s simply a matter of courtesy and is especially important if the referral giver is due a commission or referral fee.

Always be grateful for any referrals you receive. When clients allow you to use their names to seek business from their cherished contacts, they are putting their reputations on the line just to help you.  That means you have an obligation to treat those referrals with the utmost care and respect.  Caring for referrals is a sacred trust in the sales world, so take your job seriously.

New Prospecting Masterclass Will Help You

If you want to get your prospects’ attention, you need compelling language that convinces them you bring relevant value.  That’s what my prospecting masterclass is all about.

If your sales team is not prospecting as effectively as it could, schedule this in-depth masterclass for your office.  It can be a half- or full-day program.  Either way, it will give the sales reps in your company actual language they can use to turn cold prospects into paying clients.

Click HERE for an outline of this interactive prospecting workshop!

  Jeff Beals helps you find better prospects, close more deals and capture greater market share. He is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant.  He delivers compelling speeches and sales-training workshops worldwide.  He has spoken in 5 countries and 41 states.  A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.

Why Sales Reps Hate Telephone Prospecting and How to Fix It

By Jeff Beals

Earlier this week I made a critical error – I picked up the phone even though I didn’t recognize the number.  It was actually a live human, and he had this to say:

“Good morning, Jeff. I represent an overseas SEO and web-development company. We have a team of 70+ IT professionals and we aim to deliver high-quality services at cost-effective prices and without compromising on client satisfaction. We can work for half the cost of our U.S.-based competitors. Our team handled over 400 SEO projects and obtained 15,000 manually built links in the past year.  I know you’re busy, but I’d love to sit down with you in the next week or two to go over our package and pricing.”

The caller got through that entire text before taking a breath.  I sat there listening partly out of fascination that he could talk so fast and partly because I was amazed that people still start phone conversations that way.  The caller chose the worst possible start to a phone call.  His message

It reminded me of my high school days in the 1980s, when I worked as an outbound telemarketing sales rep.  For five hours each evening, I would call people when they didn’t want to hear from me (usually during dinner) and tried to sell them something they didn’t need.

We telemarketers had a very sophisticated selling strategy:  If you talked fast enough, you might get through your whole script before they hung up on you.  And we had a second strategy: If you barfed up enough features and benefits, the prospect might be so dazzled, they’d buy the crappy service you were peddling.

There’s a reason why most sales reps don’t enjoy telephone prospecting.  They don’t do it properly.  When you sound like a cheesy salesperson, your prospects will do whatever is necessary to get off the phone as quickly as possible.  Here are four things you can do to make telephone prospecting more effective for you:

1. Research your prospects before calling – I try to take an hour or so on Sunday evening each week to do background research on the prospects I plan to call that week.  I look at their personal career paths, study their company and research their industry.  I look for things that are unique about them and try to determine what they value.

2. Lead with value – When you do call the prospect, start the conversation with issues and concerns that the prospect likely has.  You know this because of your pre-call research.

3. Ask questions and listen intently – If the prospect is amenable to chatting, ask probing questions that reveal the prospect’s problems and concerns, the things they value and care about.

4. Focus on outcomes, not features and benefits – Once you know what the prospect values and cares about, only talk about the ways you can satisfy that value specifically and exactly.  When you do talk about your products and services, focus on the outcomes you provide rather than features and benefits.

Would you like to see a couple good ways to start a prospecting call?

Let’s say I sell copier machines, and I call the office manager of an accounting firm:

“In my work with other accounting firms, I have found that office managers like you hate three things about copiers: one-sided lease agreements, ridiculously complicated machines and unresponsive repair techs.  We have a new membership program specifically built from an office manager’s point of view.  Twenty-five of my clients have switched so far. I’d be happy share what this means to you.”

Now, let’s say I’m a Realtor, and I call a homeowner I’d like to represent:

“We’re finding three things holding back homeowners who would like to move to a new house: What if my current house sells too fast; what if the new house is too expensive and what if we have to settle for a house that doesn’t measure up?  Fortunately, I have some ideas that will get rid of those worries for you.”

In both the examples above, the caller catches the prospect’s attention with a compelling statement and then focuses on things he or she believes the prospect cares about.  How does the caller know what the prospect cares about?  Because the caller is an expert in the field and researched the prospect before calling!

How can you tweak your telephone prospecting messages so that they are more compelling and value-based?

Prospecting Help

If you want to get your prospects’ attention, you need compelling language that convinces them you bring relevant value.  That’s what my prospecting masterclass is all about.

If your sales team is not prospecting as effectively as it could, schedule this in-depth masterclass for your office.  It can be a half- or full-day program.  Either way, it will give the sales reps in your company actual language they can use to turn cold prospects into paying clients.

Click HERE for an outline of this interactive prospecting workshop!

What Do Sales Reps Fear the Most?

By Jeff Beals

Which part of the sales process is most difficult for you?  Which part intimidates you?

Hubspot.com set out to determine which part of the sales process causes reps to struggle the most, and the survey results were quite interesting:

Prospecting 42%

Closing 36%

Qualifying 22%

That is the exact order I would have predicted before I even read the study.  The only thing that surprised me was that prospecting didn’t have an even higher percentage.

When speaking to sales reps, I sometimes like to conduct an unscientific survey of the audience.  With a show of hands, I ask them which part of the process is their least favorite.  “Prospecting,” usually gets 60 to 70 percent of the votes.

Why is prospecting more intimidating and less enjoyed than other parts of the sales process?

Well, to start, let’s look at the definition of prospecting:

“Prospecting is the art of interrupting someone when they don’t expect to hear from you in order to provide them with something they need that they might not yet know.”

The key word in that definition of “interrupting.”  Most people are uncomfortable interrupting someone especially when it’s a stranger who is not expecting to hear from you.

And we know that when you interrupt someone, you are risking rejection, one of humanity’s biggest phobias.  If you research, “top 10 phobias,” the fear of rejection pops up frequently.

Most people HATE being rejected.  As social beings, the avoidance of rejection is a powerful motivation.  It’s hard-wired into our DNA.  It’s a matter of survival, because people need other people to survive. That was especially important in prehistoric times when primitive humans banded together to raise food and protect themselves from external threats.  If you didn’t fit into the tribe, you were left on your own to fend off predators.

Even though we have evolved into sophisticated beings with technology at our fingertips and complicated social structures to protect us, it’s hard to shake our ancient traits.  While a fear of rejection helped us to survive 5,000 years ago, it can hinder us in today’s competitive business environment.

How can you overcome your natural predilection to avoid rejection at all costs and push forward as an effective prospector?

Envision success – Like an athlete preparing for a big game, you have a higher likelihood of succeeding if you picture yourself doing well in advance.

Keep it in perspective – It’s not the end of the world when you get rejected.  It may have meant life and death in primeval times, but in the 21st century, it’s just a speed bump.  You will live to fight another battle.

Externalize it – For most of us, it’s normal to take rejection personally, which means we internalize it.  Try to see the rejection as something outside of you, external to your life and your personality.  A sales rejection is NOT an indictment of your personality.

No self-fulfilling prophecies – Avoid a defeatist attitude.  To avoid being disappointed, some sales practitioners start to assume the prospect won’t pan out before even contacting him.  That can lead to a self-fulfilling prophecy, meaning you’ve lost before you even begin.

Build a big list – Make sure you have a large number of leads in your pipeline, so you’re not too dependent on any one lead or prospect.  Rejection hurts more when you don’t have any other prospects to take the rejector’s place.  Plus, too few leads make you desperate.

The right kind of leads – Study who you have been targeting in the past.  Is it really the right group of people?  Should you be targeting a different prospect profile?

Have a plan – Those sales reps who have a well-developed personal plan for prospecting tend to fear rejection less.  A good plan means you have a dedicated prospecting time and a step-by-step system you follow when engaging new cold prospects.

Persistence – Because most prospects are so busy, it is now taking about 9 attempts to get a cold prospect to return your call or email.  However, most sales reps give up after 2.5 attempts.  If you give up too soon, your pipeline will be too skinny, which makes you too dependent on too few leads.

Jeff Beals shows you how to find better prospects, close more deals and capture greater market share.  Jeff is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant.  He has spoken in 5 countries and 41 states.  A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.”

Here’s Why Should You Choose Jeff Beals as Your Next Speaker:

“Jeff Beals has presented four different topics at five of our internal events this year. At each event, the audience of commercial real estate principals and agents was completely engaged and motivated the entire time. Jeff facilitates his training sessions in such a way that each member of the audience was able to relate and understand how to apply it every day in the field. Jeff is brilliant, and we have hired him to continue speaking at our events next year!” – Lindsay Fierro, Senior Vice President, NAI Global, New York, NY

“Jeff Beals is a consummate pro. With short notice, he put together an engaging, fun, sales-focused presentation full of specifics – just what our exec team needed. We’ll ask him back for annual company retreat again next year.” – John Baylor, President, On to College, Lincoln, NE

“You brought great value to our event. The workshop was a huge experience for our attendees by giving them the opportunity to improve their work in the critical environment in which we are living today. Your talent as a speaker and your qualities as a person made the difference during your time with us. I would certainly recommend you to anyone who asks.” – Ana Paula Costa, Educational Planner, Febracorp, Sao Paulo, Brazil

(402) 637-9300

 

 

How to Use the “Farming” Technique in Your Prospecting

By Jeff Beals

There is a long-time real estate sales concept known as “farming” in which residential real estate agents choose a certain geographic area to place particular emphasis. It typically is one neighborhood or subdivision consisting of several hundred houses. This area becomes the real estate agent’s “farm.”

There’s nothing to stop such a real estate agent from doing deals outside her “farm” in a variety of neighborhoods throughout the city, but she places particular prospecting focus on the one neighborhood. She memorizes all the houses in that subdivision and tries to get to know all the current owners. She becomes the specialist or expert in that neighborhood. She makes sure every homeowner in her “farm” has calendars, pens and other tchotchkes with her name and contact information on them. If the neighborhood has a Fourth of July parade or a block party, she’s there.

The hope is that anyone thinking of selling a house in the neighborhood would think of the agent and list the house with that expert agent.

There are other forms of real estate “farming.” Some agents “farm” an organization like Rotary, a school’s PTA or a country club as a way of finding clients. Farms don’t necessarily have to be geographic.

Professionals of any industry can learn a lot from real estate farming not just from a selling perspective but from a personal branding or self-promotion perspective.

While professionals like you and me probably won’t focus on a residential subdivision as we build our personal brands, there is much to be gained by farming your industry or your community.

Real estate agents, as well as salespeople in a variety of other fields, should develop spheres of interest. These would be groups of people they work with, socialize with or share some other common interest. These spheres of interest help salespeople find new clients.

Having a sphere of interest is similarly important for anyone trying to build a bigger and better personal brand, because just like a real estate agent you too are selling. What’s the difference? You’re selling yourself.

So, what’s your “farm?”  How do you define it and who “lives on your farm?”

Jeff Beals shows you how to find better prospects, close more deals and capture greater market share.  Jeff is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant.  He has spoken in 5 countries and 41 states.  A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.”

Here’s Why Should You Choose Jeff Beals as Your Next Speaker:

“Jeff Beals has presented four different topics at five of our internal events this year. At each event, the audience of commercial real estate principals and agents was completely engaged and motivated the entire time. Jeff facilitates his training sessions in such a way that each member of the audience was able to relate and understand how to apply it every day in the field. Jeff is brilliant, and we have hired him to continue speaking at our events next year!” – Lindsay Fierro, Senior Vice President, NAI Global, New York, NY

“Jeff Beals is a consummate pro. With short notice, he put together an engaging, fun, sales-focused presentation full of specifics – just what our exec team needed. We’ll ask him back for annual company retreat again next year.” – John Baylor, President, On to College, Lincoln, NE

“You brought great value to our event. The workshop was a huge experience for our attendees by giving them the opportunity to improve their work in the critical environment in which we are living today. Your talent as a speaker and your qualities as a person made the difference during your time with us. I would certainly recommend you to anyone who asks.” – Ana Paula Costa, Educational Planner, Febracorp, Sao Paulo, Brazil

(402) 637-9300

The Bad Words You Should Never Use in a Sales Call

By Jeff Beals

During the summers in high school and college, I worked as an outbound telemarketer.

I hated it, but because I was a good salesperson, it paid a lot more than the typical summer job.

For four hours each evening, I’d sit in a call center with 150 other college kids (and a few adult “lifers”) selling a vacation membership program to unsuspecting people who made the mistake of answering the phone.

There was a catchy little phrase we telemarketers used to say to each other back in those days:

“Smile, dial and push trial.”

What did that mean?  The vacation membership program came with a 30-day trial.  If you were not completely satisfied, you could get your money back as long as you cancelled in the first 30 days.

Our employer didn’t allow us to push trial, instead preferring us to sell the membership on its merits.  From the telemarketers’ point of view, however, it seemed so much easier to make a sale if we could simply say, “Hey, if you don’t like it, you can always cancel it within 30 days!”

Well, our employer was correct.  It’s never good to put a lot of emphasis on free trials.

In fact, a recent Gong study listed the term “free trial” among the worst words you can use in a sales call.  Uttering the words, “free trial,” to your prospective customer decreases your likelihood of securing the next step in the sales process by five percent.

Here are the other taboo sales-call words:

1. “Show you how”

2. “We provide”

3. “Competitor”

4. “Billion”

5. “Discount”

6. “Roadmap”

7. “Contract”

8. “Absolutely” and “perfect”

9. “Implement” and “implementation”

10. “Payment”

11. “However”

12. “For example”

13. (Your company’s name)

As I consider these worst words, a few observations come to mind.

Prospective clients don’t respond well to anything that demands a commitment, comes across as cheesy, makes them feel overwhelmed or is focused on the seller rather than the buyer.

When choosing the words you’ll say in your next sales call, use collaborative words and focus on what your client values rather than what your company offers.

Jeff Beals shows you how to find better prospects, close more deals and capture greater market share.  Jeff is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant.  He has spoken in 5 countries and 41 states.  A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.”

Here’s Why Should You Choose Jeff Beals as Your Next Speaker:

“Jeff Beals has presented four different topics at five of our internal events this year. At each event, the audience of commercial real estate principals and agents was completely engaged and motivated the entire time. Jeff facilitates his training sessions in such a way that each member of the audience was able to relate and understand how to apply it every day in the field. Jeff is brilliant, and we have hired him to continue speaking at our events next year!” – Lindsay Fierro, Senior Vice President, NAI Global, New York, NY

“Jeff Beals is a consummate pro. With short notice, he put together an engaging, fun, sales-focused presentation full of specifics – just what our exec team needed. We’ll ask him back for annual company retreat again next year.” – John Baylor, President, On to College, Lincoln, NE

“You brought great value to our event. The workshop was a huge experience for our attendees by giving them the opportunity to improve their work in the critical environment in which we are living today. Your talent as a speaker and your qualities as a person made the difference during your time with us. I would certainly recommend you to anyone who asks.” – Ana Paula Costa, Educational Planner, Febracorp, Sao Paulo, Brazil

(402) 637-9300

Avoiding the Fake Listening Trap

By Jeff Beals

Ask any sales professional about the key to success, and there’s a good chance they’ll say, “You have to listen to your client.”

As a sales strategist, I meet with many successful sales reps, managers and executives.  I always ask them about the secret to successful selling. The answers tend to be similar. One time, after yet another of them mentioned the importance of listening, I responded with a slight tone of frustration in my voice:

“Everyone says that listening to the client is the most important skill a salesperson can have,” I said, “yet few salespeople actually bother to listen! It’s a cliché. Yes, you have to listen to your clients, but most salespeople do a lousy job of it.”

The sales leader responded, “You are right. The key is to listen and TRULY HEAR.”

Salespeople think they are listening but they are really just pretending to listen.  They’re going through the motions and not really comprehending what the client or prospective client is trying to communicate.

The more I pondered this, the more it reminded me of an experience I had back when I was in graduate school and working for the university as a graduate assistant.

An Ear-Opening Experience

Each month, we grad assistants were required to attend professional development sessions. The topic during one of those sessions was “active listening.”  The presenter was some sort of “active listening guru.”

What she said made sense…Stand or sit with an open stance – arms not folded and legs not crossed – and lean slightly toward the person who is talking.  Nod your head and show interest with your eyes and facial expressions.  Make reaffirming noises to assure the speaker that you are actually listening.  And finally, paraphrase back the last few words of each spoken paragraph.

If you do those things, the presenter said, you will be engaged in the conversation and will make the speaker feel understood and appreciated.

At one point, the presenter said it was time for all of us to role-play what we had just learned.  She told us to pair up with another audience member and move our chairs so we were staring at one another. The presenter informed us that we would each take turns speaking and actively listening.

I was paired with a fellow grad student named Sandy.  We agreed that Sandy would talk first and I would actively listen first.  The facilitator blew a whistle to indicate it was time to start.  As Sandy spoke, I monitored my posture and all my non-verbal messages. I nodded.  I showed interest with my facial expressions. I paraphrased back certain words.  I made sure my arms were not folded for even one second.  All in all, I was pretty good at this active listening stuff.

Or so I thought.

As soon as the facilitator blew her whistle indicating it was time to switch roles, it suddenly occurred to me:  I hadn’t the foggiest clue what the hell Sandy had just told me!

How You Can Truly Hear

I was so focused on the mechanics of good listening that I never really HEARD what she had to say.

This happens to so many professionals on an almost daily basis. People intend to listen to their clients, but in the end, they don’t truly hear.

How can you fight this tendency and not fall into the fake-listening trap?

It’s not easy, but here is what works for me.

When I begin a conversation with a prospect, current client, colleague or some other professional who might refer business my way, I set my brain to “listening mode.”  I tell myself that the person in front of me is going to say something that will have a direct impact on my success.  It’s my job to find it.  I try to approach the conversation like a detective who has to keep digging until he finds the right information.  My ears are constantly searching for cues and clues.

That may or may not work for you, but it helps me a great deal.

Whatever technique, you use, the sales experts are right: you DO have to listen and truly hear.  Showing interest in a client helps build a trusting relationship.  Discovering what the prospect values makes it possible for you to do business with them.

The key is to “listening with intention,” not just going through the motions making it look like you are listening.

Jeff Beals shows you how to find better prospects, close more deals and capture greater market share.  Jeff is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant.  He has spoken in 5 countries and 41 states.  A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.”

Here’s Why Should You Choose Jeff Beals as Your Next Speaker:

“Jeff Beals has presented four different topics at five of our internal events this year. At each event, the audience of commercial real estate principals and agents was completely engaged and motivated the entire time. Jeff facilitates his training sessions in such a way that each member of the audience was able to relate and understand how to apply it every day in the field. Jeff is brilliant, and we have hired him to continue speaking at our events next year!” – Lindsay Fierro, Senior Vice President, NAI Global, New York, NY

“Jeff Beals is a consummate pro. With short notice, he put together an engaging, fun, sales-focused presentation full of specifics – just what our exec team needed. We’ll ask him back for annual company retreat again next year.” – John Baylor, President, On to College, Lincoln, NE

“You brought great value to our event. The workshop was a huge experience for our attendees by giving them the opportunity to improve their work in the critical environment in which we are living today. Your talent as a speaker and your qualities as a person made the difference during your time with us. I would certainly recommend you to anyone who asks.” – Ana Paula Costa, Educational Planner, Febracorp, Sao Paulo, Brazil

(402) 637-9300

Don’t Network for the Sake of Networking

By Jeff Beals

Sounds of laughter and clinking dishes filled the room at the well-attended networking event inside the hotel conference center.

Like the other professionals in attendance, I tried my best to move about the room, meeting people and engaging in discussion – mostly small talk.

Then, out of the corner of my eye, I saw Jon and couldn’t help chuckling a bit to myself as he approached.

Jon’s a great guy, someone I have enjoyed getting to know. But I always shake my head when I think about him, because Jon is the poster-boy for inefficient and ultimately non-effective networking.

You see, Jon is the business development guy for a consulting firm. His job is to schmooze, to go out into the world, build relationships and ultimately sign up clients for his firm’s services. Jon works hard at the “relationship” part of his job but doesn’t appear to be terribly effective at the “signing-up-clients” part.

Jon is seemingly everywhere. He’s a voracious networker. He’s diligent, because you can’t go to a networking event without seeing him. He is intelligent and talented. He is engaging. Shoot, he’s even a good-looking. He knows how to play the social networking game.

Despite all his attributes, Jon has one glaring deficiency. In the 10 years I have known him, he has never once asked for my business.

It’s not just me. I was talking to a friend, and somehow Jon’s name came up in discussion. I mentioned that I’ve always been amazed at how much attention I receive from Jon without ever being asked for my business. My friend had noticed the same thing.

Jon is a guy who networks for the sake of networking. He knows it’s the right thing to do, but he doesn’t finish the job, call the question, ask for the order.

Remember that your ultimate goal in networking is to establish rapport, learn information and ultimately use it to accomplish your business goals. Sure, most of your time is engaged in chit-chat and pleasantries, but at some point it’s time to cash in.

Jon’s affliction is actually a common one.

It’s fun to do the relationship-building part, but it’s hard for many people to follow through with the asking part. Asking can be intimidating, because it’s not fun to be turned down. It’s human nature to avoid rejection. Because of that, many people put themselves out there, build relationships and simply hope and pray that the clients will come to them.

That’s too passive. Waiting for people to volunteer to be your clients might work occasionally, but it won’t generate enough business to sustain you.

It’s true that successful people must network, but networking is simply a means to an end. Your success as a networker is ultimately judged when your prospect signs their name on the dotted line.

Jeff Beals shows you how to find better prospects, close more deals and capture greater market share.  Jeff is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant. A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.”

Here’s Why Should You Choose Jeff Beals as Your Next Speaker:

“Jeff Beals has presented four different topics at five of our internal events in 2016. At each event, the audience of commercial real estate principals and agents was completely engaged and motivated the entire time. Jeff facilitates his training sessions in such a way that each member of the audience was able to relate and understand how to apply it every day in the field. Jeff is brilliant, and we have hired him to continue speaking at our events in 2017!” – Lindsay Fierro, Senior Vice President, NAI Global, New York, NY

“Your workshop was a huge experience for our attendees by giving them the opportunity to improve their work in the critical environment in which we are living today. Your talent as a speaker and your qualities as a person made the difference during your time with us. I would certainly recommend you to anyone who asks.” – Ana Paula Costa, Educational Planner, Febracorp, Sao Paulo, Brazil

I’m in Phoenix and had breakfast earlier this morning with our semi-retired sales representative who is doing some continued work for us here.  He attended your sales meeting last week and told me that in 43 years of selling, you were the best he had ever heard.  Thanks for a great experience.” – Drew Vogel, President & CEO, Diamond Vogel Paints, Orange City, IA

(402) 637-9300

Stop Selling the Wrong Stuff!

By Jeff Beals

What do you sell?

If you answered “software” or “real estate” or “industrial machinery” or any other specific product or service, you got it all wrong.

The world’s most successful salespersons don’t sell products and services. They sell VALUE. In other words, instead of selling insurance, you’re selling security, protection and peace of mind. Instead of selling Pampered Chef products, you are selling prestige, coolness and an easier way to prepare gourmet food.

You don’t want to be paid for the job, hour, gig, order, product, presentation, contract, deal, project etc. You want to be paid for the value you bring to the client. And if you do a truly effective job of establishing value, you then can receive regular income from that client on an on-going basis. You must be seen as an investment, not an expense.

How do you go about convincing a client that you provide great value?

Delivery – Consistently deliver outstanding results. With so much competition in the world, clients have the right to assume that all providers are competent. Make sure you are more than competent in your operations.

Interpersonal Communication – You will have a hard time determining what the client values if you don’t communicate thoroughly and listen carefully.

Relationships and Trust – Do what it takes to build a strong bond with your clients.

After have figured out what they value (or care about) it is time to start talking about what you can do for them. Too many business leaders and sales representatives start spouting off the features and benefits of their products before it’s time.  When it is your turn to talk however, don’t be afraid to take charge.  Take the initiative!  Show the prospect how your solution best delivers value.  It’s okay to push the prospect a bit at this point because you know you have just the right product for them.

Remember, always focus on the client value. Determine what is most important to him or her.

Ultimately, you are not in the product- or service-selling business. You’re in the results-selling business. The right results, along with a trusting relationship are what your clients truly value.

Jeff Beals shows you how to find better prospects, close more deals and capture greater market share.  Jeff is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant. A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.”

Here’s Why Should You Choose Jeff Beals as Your Next Speaker:

“Jeff Beals has presented four different topics at five of our internal events this year. At each event, the audience of commercial real estate principals and agents was completely engaged and motivated the entire time. Jeff facilitates his training sessions in such a way that each member of the audience was able to relate and understand how to apply it every day in the field. Jeff is brilliant, and we have hired him to continue speaking at our events next year!” – Lindsay Fierro, Senior Vice President, NAI Global, New York, NY

I’m in Phoenix and had breakfast earlier this morning with our semi-retired sales representative who is doing some continued work for us here.  He attended your sales meeting last week and told me that in 43 years of selling, you were the best he had ever heard.  Thanks for a great experience.” – Drew Vogel, President & CEO, Diamond Vogel Paints, Orange City, IA

“Our corporate partnership team had great takeaways regarding how to network smarter while also understanding the importance of our personal brand to current and prospective partners. Jeff does a great job weaving in real-world examples and how you can apply his teachings to growing your business and building long-term partnerships.” – Jason Booker, Senior Director of Corporate Sponsorships, The Kansas City Royals Major League Baseball Team

+1-402-637-9300

info@jeffbeals.com

Is Your Company Recruitment or Retention Focused?

By Jeff Beals

As a sales leader, you need a frank assessment of who you are and what your organization is really all about.

For instance, are you developing sales strategy for a “client-recruitment” or a “client-retention” shop? Some companies operate in industries or markets that are rich in prospective clients. Those are client-recruitment shops. Other companies exist in an environment of client scarcity. Those are client-retention shops.

Of course, you should always have a healthy respect for client retention. As the old saying goes, “It’s cheaper to keep a customer than to find a new one.” That said, some businesses have more opportunity to find and attract a steady stream of new clients. You have to know where you stand and in what arena you compete.

As you prepare your sales strategy, figure out how much of an emphasis you can place on client recruitment versus client retention. Look at your business honestly. Assess your industry, your marketplace and your standing within that marketplace.  The level of competitive pressure directly influences your sales strategy.

Financial resources can also play a role in sales strategy development. If your company is young, you might not have the sales and marketing budget to match that of your competitors.  Some sales leaders work for firms that don’t allocate “enough” resources to marketing and sales support.  In such cases, every client is precious.  You better make sure your client service level is high, because you’re not one of those companies than can count on a steady flow of clients.

If you do operate in an environment of client abundance, it doesn’t mean you can be slovenly – a sales team that is lazy and takes clients for granted.  But it does mean you can take more risks and have more bargaining power in price negotiations.

So, think about your company…Are you a “client-recruitment” company or a “retention-company.”  Adjust your plan accordingly.

Truth be told, you’re probably somewhere in the middle.  Think of it as a continuum with recruitment on one far end and retention on the other.

Jeff Beals shows you how to find better prospects, close more deals and capture greater market share.  Jeff is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant. A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.”

Here’s Why Should You Choose Jeff Beals as Your Next Speaker:

“Jeff Beals has presented four different topics at five of our internal events in 2016. At each event, the audience of commercial real estate principals and agents was completely engaged and motivated the entire time. Jeff facilitates his training sessions in such a way that each member of the audience was able to relate and understand how to apply it every day in the field. Jeff is brilliant, and we have hired him to continue speaking at our events in 2017!” – Lindsay Fierro, Senior Vice President, NAI Global, New York, NY

“Your workshop was a huge experience for our attendees by giving them the opportunity to improve their work in the critical environment in which we are living today. Your talent as a speaker and your qualities as a person made the difference during your time with us. I would certainly recommend you to anyone who asks.” – Ana Paula Costa, Educational Planner, Febracorp, Sao Paulo, Brazil

I’m in Phoenix and had breakfast earlier this morning with our semi-retired sales representative who is doing some continued work for us here.  He attended your sales meeting last week and told me that in 43 years of selling, you were the best he had ever heard.  Thanks for a great experience.” – Drew Vogel, President & CEO, Diamond Vogel Paints, Orange City, IA

“Our corporate partnership team had great takeaways regarding how to network smarter while also understanding the importance of our personal brand to current and prospective partners. Jeff does a great job weaving in real-world examples and how you can apply his teachings to growing your business and building long-term partnerships.” – Jason Booker, Senior Director of Corporate Sponsorships, The Kansas City Royals Major League Baseball Team

+1-402-637-9300

info@jeffbeals.com

How to Establish Your Personal Brand This Fall

By Jeff Beals

I live across the street from a high school.

Make no doubt about it; there are some negatives living so close 2,500 teenagers. You hear a lot of squealing tires and you’re constantly picking up fast-food wrappers that blow into your yard.

But there’s a big positive as well – I love hearing the marching band practice each evening.  It starts in early August and continues throughout the high school football season. When I hear that marching band, it puts a smile on my face, because it means autumn just around the corner.  It’s my favorite time of year.

September is also the best time of the year to assess your personal brand status and make plans to grow and strengthen the image people have of you.  Why is September such an important time?  Well, ever since you were a kid, September marked the beginning of new academic year.  As a professional, it’s the start of a very busy four months.  Right now is your chance to make sure 2017 ends up as a success for you.

Make no mistake…You ARE a brand. You’re a business of one, a business unto yourself. Every successful business makes annual marketing goals. As a “personal business,” so too must you. So too must all of us.

As I do each year around this time, I’m reminding you to protect and advance your personal brand, here are 12 items to remember:

Focus externally – Be active and involved outside your home or office. Show up at networking events. Go out of your way to talk to people when you are in public venues. Remember that nearly 75% of all jobs are never advertised and a similar percentage of big clients only come from relationship-building. Make it a goal to attend a certain number of events per month.

Think Like a Sales Pro – Because you are a “business” of one, you need to sell yourself the way businesses sell themselves. Read up on marketing and sales techniques. Remember that a good sales rep always has lots of prospects moving through all parts of his or her pipeline at all times. In other words, at any given time, you should be meeting new people, strengthening relationships with existing acquaintances and holding serious professional conversations (deal-making, so to speak) with people you know well.

Find the Fascinating – You need an “area of self-marketing expertise,” something about your business or career that is fascinating to people outside your profession. Feature this when you are networking or using social media.

Focus on results when networking – Determine what is most interesting about your career and your line of work and then exploit it. I call it your “area of self marketing expertise.” That’s what you talk about when you meet new people, not the mundane, technical details that will cause a lay person’s eyes to glaze over in boredom.

Build a “Google trail” – If you haven’t done a search on your name lately, see what’s out there. I guarantee that people are Googling you on a regular basis. A prospective client will probably Google you to know who he or she is dealing with before meeting with you. That’s why a Google trail is so important. If nothing or very little pops up when someone Googles you, there’s a problem – they’ll assume you don’t have much going on. Therefore, Google your own name on a regular basis. If you’re not very visible on line, deliberately get your name out there to build an Internet presence.

Get serious about social media – Be honest…Is your online brand inadequate? Social media are now to people what the Yellow Pages were to businesses 25 years ago – THE place where future clients and prospective employers find out about you. Don’t just have a presence on Facebook, Twitter and LinkedIn. Make sure you post material that is interesting and not just inane personal stuff. Use social media to strengthen your reputation by building on your area of self-marketing expertise. Social meeting is not just for fun; it’s an essential business tool.

Go Beyond the Big Three – LinkedIn, Twitter and Facebook are great, but don’t stop there. The more social media outlets you use, the better. You can even use Google+, Pinterest and Instagram to build a personal brand. Millions of professionals receive great benefit from their YouTube videos. Blogging has long been a powerful personal branding tool.

Use Your Real Name – In order to build your personal brand awareness, use your real name when reviewing products on websites, making comments at the end of newspaper/magazine articles and posting comments on discussion forums. Just make sure the things you write help your personal brand as opposed to harming it.

Engage the Media – Volunteer your expertise to media outlets in your industry as well as your local market. Make a point to meet members of your local and industry media and build friendly relationships with them. In addition to traditional media, you can get a lot of mileage from doing blogs and podcasts.

Refresh your value statement – Does your 20-second intro speech need updating? You need to be able to say what you do quickly, clearly and in a way that captures a person’s interest. A useful elevator speech also conveys how a person could benefit from what you do.

Ask probing questions – Don’t just chit-chat and make small talk during networking conversations. Ask some questions designed to uncover the critical information that leads to new opportunities.

Listen to your clients and colleagues – When we get too busy, it’s easy to start making assumptions. Those assumptions can cause you to lose opportunities. Instead, ask the important questions and truly listen to the responses. Don’t just go through the motions. Let the other person’s words sink in and make an impression on your brain.

By the way, never let up. When things are good, don’t let complacency stop you from perpetually marketing yourself. When things are going poorly, don’t let discouragement be an excuse for apathy.

Remember, marketing yourself is never about ego; it’s just marketing. In a loud and crowded world, hard work and talent are no longer enough. You need to make sure key audiences know about your abilities and accomplishments.

Jeff Beals shows you how to find better prospects, close more deals and capture greater market share.  Jeff is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant. A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.”

Here’s Why Should You Choose Jeff Beals as Your Next Speaker:

“Jeff Beals has presented four different topics at five of our internal events in 2016. At each event, the audience of commercial real estate principals and agents was completely engaged and motivated the entire time. Jeff facilitates his training sessions in such a way that each member of the audience was able to relate and understand how to apply it every day in the field. Jeff is brilliant, and we have hired him to continue speaking at our events in 2017!” – Lindsay Fierro, Senior Vice President, NAI Global, New York, NY

“Your workshop was a huge experience for our attendees by giving them the opportunity to improve their work in the critical environment in which we are living today. Your talent as a speaker and your qualities as a person made the difference during your time with us. I would certainly recommend you to anyone who asks.” – Ana Paula Costa, Educational Planner, Febracorp, Sao Paulo, Brazil

I’m in Phoenix and had breakfast earlier this morning with our semi-retired sales representative who is doing some continued work for us here.  He attended your sales meeting last week and told me that in 43 years of selling, you were the best he had ever heard.  Thanks for a great experience.” – Drew Vogel, President & CEO, Diamond Vogel Paints, Orange City, IA

“Our corporate partnership team had great takeaways regarding how to network smarter while also understanding the importance of our personal brand to current and prospective partners. Jeff does a great job weaving in real-world examples and how you can apply his teachings to growing your business and building long-term partnerships.” – Jason Booker, Senior Director of Corporate Sponsorships, The Kansas City Royals Major League Baseball Team

+1-402-637-9300

info@jeffbeals.com