Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

The 25 Habits of Highly Successful Sales People

Stephen Schiffman is America's #1 Corporate Trainer and has written an incredible book titled "The 25 Habits of Highly Successful Salespeople". To become successful at anything, it is important that we cultivate the right habits. Listed below are 25 habits (and a few bonus habits) that all salespeople should form to become great at their game.
  1. If it doesn't work, fix it.
  2. Communicate the message that it is sound business to trust you.
  3. Ask the right questions.
  4. Take the lead.
  5. Listen, learn and lead.
  6. Engage the prospect.
  7. Find key requirements.
  8. Know the sales timetable.
  9. Convert the leads that "fall into your lap".
  10. Know how to make your product or service fit somewhere else.
  11. Pretend you're a consultant (because you are).
  12. Ask for the next appointment while you're on the first visit.
  13. Take notes.
  14. Create a plan with each new prospect.
  15. Ask for referrals.
  16. Show enthusiasm.
  17. Give yourself appropriate credit.
  18. Tell the truth (It's easier to remember).
  19. Sell yourself on yourself
  20. Start early.
  21. Read industry publications (yours and your clients')
  22. Support your visit the next day.
  23. Give speeches to business and civic groups.
  24. Pass along opportunity when appropriate
  25. Take responsibility for presentations that go haywire.
Here are some bonus habits.
  1. No one wakes up and says, "I'm going to be stupid today".
  2. The customer isn't always right.
  3. Be honest with yourself about the nature of the firm you work for.
  4. Tell everyone you meet the name of the company you work for and what you sell.
  5. Keep your sense of humor.
Hope this helps!
- Mayur

The four cardinal rules of negotiating

I found these rules in best-selling author Robert G. Allen's book The Road to Wealth. I thought they were very interesting and worth sharing. So, here they are ...
  1. Never make an offer until you understand the seller's problem. The first stages of negotiation are for information gathering. Avoid the temptation to jump to solutions. Without proper diagnosis you might be like the doctor who prescribes medicine for the wrong disease.
  2. Always conduct your negotiation in the context of a win/win philosophy. "This is how you will win Mr. Seller. This is how I will win. At that price, I can't win. At those terms, you can't win. I don't want you to lose. But I don't want to lose either, etc." This lets the seller that you are interested in being fair. Being a win/win negotiator may cost you dollars in the short run but will make you more money in the long run.
  3. In the more advanced stages of negotiation, where solutions to the seller's problems are being discussed, never be the first person to mention a number. Always let the other party make the first move. By avoiding the temptation to mention numbers, you may get the sellers to propose a price and terms that could be significantly better than what you had in mind. This one tip alone will save (make) you thousands of dollars over a lifetime of negotiation.
  4. When forced to mention a number, always start lower than you expect to end up. Why? Because you just might get it and save yourself thousands of dollars. Also, by mentioning a lower number, you leave room for give and take; i.e., the 'let's split the difference' tactic. The other party will be more willing to be flexible if he can see that you are also willing to be flexible.
Hope you find them as useful and interesting as I did.