Articles from November 2011



2012 Is Here – Solidify Your Sales Plan!

I know that it seems premature to focus on 2012, yet it is upon us.  1st quarter 2012 is slightly more than a month away, and you are busy trying to close out the 4th quarter of 2011.

Shortly your manager will say: “What are you projecting for 2012?  I need your numbers!”  You need to be ready for that conversation, but more than that you should do the preparation as it tells you what type of a 2012 you can have.

Between now and the end of the year the management, of your organization, will engage in the following activities:

  • Plan 2012 new production metrics
  • Plan next year’s revenue from existing customers
  • Set your 2012 personal goals and metrics
  • Make decisions on manpower in the sales organization

Another reason to start your 2012 planning is that in many industries you do not want to  ‘miss’ the first quarter as this period is instrumental to reaching your annual goal.  Preparation for a strong first quarter cannot start in January 2012, as a matter of fact; it starts here in the 4th quarter.  Even more specifically, it starts now and should benefit you by giving you focus and clarity as to what you must do to be successful.

What you can do is to prepare your production scenarios so that your conversations with your manager are productive and based on fact and logic.  You will stand out from the rest.   It is time to give good thought to next year!

Putting Together a Plan

You should be able to project your 2012 successes within the realm of reasonability, and avoid the “stab in the air” that comes with having no basis for your calculations when asked.

Your plan should be to:

  • Project your 2012 success based on your knowledge of 2010 and 2011 in terms of hit ratio and total sales production.
  • List your major prospects by month and quarter, with recognition of your chances of success (by percentages).
  • Work your formula (Black Sales Journal 2/28/2011 – How Many Prospects Do You Really Need?) showing what you need to be successful and refine the numbers including statistics that are applicable to you and your situation.
  • You should estimate your retention of existing customers, and whether they will buy at the same levels

Armed with this information, you would be able to have much more educated estimates as to what your successes will be for first quarter, and for all of 2012.  Knowing your prospects, your basic success rates, and your average account or sale size will lead you to be able to do a lot of wise forecasting.

Your Business Plan

Once you put all of the variables together, you will have the basis to put together a business plan that will show what type of success that you should be having.  Remember that you are doing it for you.  You are taking this excellent opportunity to review your 2010, and construct from this a logical projection of your efforts for 2011.

Many organizations have assistance for you in the form of Salesforce.com, Gold Mine, or other tailored sales and customer relationship management (CRM) software.  Whether they exist or not, your exercise is for you, then you can use it to fill in the blanks for any company sponsored software plan.

Your Business Plan discussion with Your Manager

Every organization is different, so your organization may have a routine in place for your conversation with your manager regarding your ‘plan’.  Most organizations have a process, although timing is not always well devised.

Here is your chance to “put a stake in the ground” on numbers and your thoughts.  Chances are your manager will be looking for higher numbers, and that may mean stretching your numbers upward.  Your manager will be pleased with, and maybe even excited about, your diligence in putting together numbers as they have to give the same requisite thought to the prospects possibilities and abilities of the sales professionals that work in their particular unit.

Benefit “You” First

Some larger organizations have already begun that process.  Much depends on the complexity of the planning cycle.  In medium and smaller organizations, the time is now.

This process is for you.  It may tell you that you have a lot of work to do, or you’re your funnel is replete with strong prospects.  Take a moment to do this exercise for your own benefit, and you will also have fodder for your sales discussion.   Remember to be honest about the prospecting part as it does you no good to plan the prospects for next year while you know that some of the prospects are actually ‘suspects’ (prospects that you doubt can come to fruition).

Be prepared for that conversation, and for the year ahead.

Always be prepared.  Your comments are welcome.

‘Uh’, ‘Umm’, Make Communications a Strength!

It is well known that your ability to communicate will help to give you a solid base to be an exceptional sales professional.  It won’t make you the consummate professional, but it will enhance your ability to perform.  I feel that the professional, in sales or otherwise, who communicates well and also has a “fire in the belly”, has the potential to outperform other professionals.

We will spend a couple of posts over the next few weeks talking about communication.  It is an art that will never abandon you as you go forward, and it will also transform your confidence levels. In this post, we are going to make a suggestion that you find comfort in your ability to “stand and deliver” by rehearsing and practicing frequently.  Know well your strengths and weaknesses and improve to a level that puts you on another level.

Practice, Practice, Practice

I bet that you feel the most boring activity that you feel that you can do is to repeatedly practice your verbal delivery, but I am compelled to advise you to do it.  What I am saying is that you cannot perfect something without the requisite practice.  As a sales professional, everything from your introduction, through your ‘elevator pitch’ (Black Sales Journal 8/11/2011, Know Your Elevator Pitch), to your proposal and your close should be smooth.  There should be no fillers and little chop to your delivery.

So what am I saying?  Do everything necessary to improve your delivery.   Videotape yourself using digital cameras, web cams or otherwise giving speeches and presentations until you have solved you’re your need for ‘fillers’ and until you have reduced any ‘choppiness’.  We have all heard the suggestion that we should be able to sell any object using feature-benefit selling, now is your chance to practice.  Not knowing your material lends to more pauses and fragmentation.  Here is your chance to, while in private, present and evaluate your delivery, and improve.

You can bet that if you videotape, you will find things that you will want to change.

These may include:

  • Frequent use of  “Umm” as well as “and uh”
  • The annoying use of the phrase “You Know”
  • Frequent starting of sentences with “Well…”
  • Improper usage of the word “like”
  • Talking at “break speed”
  • Exhibiting an “I” problem (talking about yourself too much)
  • Inclusion of slang and even obscene language

In a very short time I have seen professionals remove “you know” from their delivery even without the videotape.  Consciousness is important, and you will become even more aware if you use your phone, your computer webcam, or a video camera as your observation tool.

With the help of your recording session, you will become quite conscious and truly internalize it, reducing annoying habits, and improving delivery.  It is worth the experiment.

Who Do You Like to Hear?

There are many great speakers out there, and you may find one that you want to model after.  If you are just the best YOU that you can be, that should work for you.

The basic objective of this exercise is to improve your delivery during the sales process, and you will find that it will carry over into your personal conversations as well.

It is sound to model after someone, but you must be realistic.  Almost all great speakers have some weakness or flaw, no matter how accomplished they are.  You are looking to improve the quality of your delivery.  You don’t want to preach, but you need to be able to deliver the ‘word’.  You don’t want to sound like a professor, but you want to sound intelligent.  Lastly, you don’t want to sound like a funeral director, so you must use some personality, humor, and personality.

Almost as good as the videotape for the sake of monitoring is a “partner” or even a listening coach could do the trick if the right person is available.

The Result

I had a professional who worked with me several years ago.  He had a nervous, high-pitched laugh that became pronounced when he got …nervous.  He could not hide it, or at least it appeared that he had no chance of controlling it.  We had a call together, and as the account was a big one, and he felt pressed.  I can remember the call as if it were yesterday, the laugh echoing in my ears.  I was only hoping that the buyer was not as negatively affected by it as I was.

When it was over I though about it over and over, and decided that I needed to talk to the individual as we, undoubtedly would be on a call together at some point in the future.  He did know that it was happening, and did not know how often he was doing it.  I could not put into words for him how much it was happening.  There were few video cameras, and cell phones did not possess the abilities that they do now.  I limited the calls with my clients when possible for this individual, as there were no remedies out there.  This laugh was not going to stop.  Yes…I am saying that some things are deeper than just an ‘I know’, but most can be remedied.

If you do the videotaping or the partnering, you will have an avenue to begin working on the necessary improvements.  Nothing is like continuous improvement.  Try it, and you will see what I mean.

Your comments are welcome.