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The Sales Handicapper: Pain - the only thing worth qualifying for in times like these. on 2009-07-27
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People buy for one of two (and sometimes both) reasons; to reduce or eliminate pain or the expectation of added gain. In good times, the pain can be nothing more than a nuisance and the expectation of gain may be incremental at best. Clearly, however, these are not good times.
In today's environment, your prospect's pain must be darn near excruciating and the expectation of added gain goes from incremental to exponential. So, what do you do? Since most of us aren't selling products or services that deliver real exponential gain, qualifying for pain is your only viable option.
Pain, when truly present, leads to action. Incremental gain will get you a meeting, but the sale will invariably wait until dollars can be added back into the budget. However, if pain is truly present, then even the claim of no budget becomes negotiable. If pain really exists then the probability of a sale is in direct proportion to your ability to quantify the magnitude of the pain and convince your prospect they need to re-allocate dollars to your solution.
If you cannot identify real pain with your prospect, then you most likely don't have a real opportunity for a near term sale. And, since time is the most precious asset of any salesperson, don't waste it on a prospect who is just looking for attention. Focus on either identifying or creating real pain or move on to someone new. The good news is that in these times, EVERYONE is in some level of pain. Find it, quantify it and sell to it and you can experience even better results than when times are "good".
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Private Golf Clubs Feel Effects of Economy - NYTimes.com on 2009-03-19
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Two-income families with hectic schedules, which include weekends chock full of youth sports games or music lessons or karate classes, do not have the time to spend a day playing golf or tennis followed by a leisurely lunch or formal dinner.
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“The vestiges of the 1950s or 1960s country club experience have already begun to wither and die,” said David Shaw, the president of Country Club Advisor, a consulting company for private clubs. “The demographic has shifted, and now people want fitness centers, junior programs, casual dining and programs that engage the whole family.”
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Selling in a Recession: The Value of E-Mail on 2009-02-13
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Subject: How Toyota Maintains Its Critical Relationships
Dear Mark,
Q. How do Toyota, Ford, and Honda maintain near-perfect dealer relationships?
A. XYZ Corporation has helped them automate and streamline all aspects of partner communications. As a result, they have increased revenues, accelerated time to market, and improved dealer communications.
For example, Toyota distributes thousands of unique messages and memorandums to its worldwide dealer distribution channel on a daily basis. Toyota has drastically reduced turnaround times while increasing customer service and loyalty using XYZ’s solution.
For a free dealer communication analysis or to learn how we can improve and standardize relationships with all your important business partners, please call or e-mail me at your earliest convenience.
Thank you,
John Johnson
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- Simple CSS - HostM.com Web Hosting on 2008-01-06
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XML Usage on 2007-12-02
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XML is Used to Exchange Data
With XML, data can be exchanged between incompatible systems.
In the real world, computer systems and databases contain data in incompatible formats. One of the
most time-consuming
challenges for developers has been to exchange data between such systems over the Internet.Converting the data to
XML can greatly reduce this complexity and create data that can be read by many different types of applications. -
XML Can be Used to Share Data
With XML, plain text files can be used to share data.
Since XML data is stored in plain text format, XML provides a software- and
hardware-independent way of sharing data.This makes it much easier to create
data that different applications can work with. It also makes
it easier to expand or upgrade a system to new operating systems, servers,
applications, and new browsers. - 1 more annotations...
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Jonathan Farrington’s Blog » The Value Of The Formal Account Review on 2007-11-27
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As we approach year end, this is an excellent time to take stock of your performance over the past eleven months and begin the planning procedures for 2008.
When you begin constructing your business development strategy for next year you will, in all probability, include a contribution from existing clients/customers but how can you accurately forecast this?
One very subtle way is to conduct formal account reviews, where you ask your clients for feedback on your performance year to date.
I am always surprised how few companies do this because it is an initiative that customers welcome, why? Because it makes them feel important and cared about.
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So, Why Review?
Obtaining continual feedback against a set of established criteria is vital if an organisation is to retain its existing top clients and seek to improve its standing and the quality of its service levels to them.
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- Postcard from Provence | Wednesday August 30 on 2007-11-12
- Everyday Paintings: An Oil Painting Project - uses Blogger on 2007-11-12
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Salesopedia - Stop Waiting for Decision Makers to Call You Back! on 2007-09-30
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Much as you hate to hear this, your phone call was just an unwanted interruption in their already overloaded day. And it's likely you were only one of many sellers who asked for the decision maker's time.
So what can you do to penetrate their consciousness and show up on their radar screen?
Develop a Campaign! To get into a big company today, you need to put together a strong account entry campaign from the very start. A single contact just isn't enough. -
craft a multi-faceted campaign that includes phone calls, emails, mailings and faxes.
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- Recruiting, Selecting & Hiring The Best Sales Representatives by Don McNamara : The Sideroad on 2007-08-20
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