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Tampa Bay Sales Development, LLC | Tampa, FL
 

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Qualifying

I don’t have to tell you that sales can be a tough business. Just think about the rejections, dead ends, and endless price quotes and proposals that often don’t lead to anything.

Talk about tough!

Think about the best sales presentation you've ever made. You researched your prospect. You put together a killer PowerPoint. You gave them all the reasons they should buy. Yet for some reason, they didn't become a customer.

Giving an effective sales presentation requires more than just having a well-crafted pitch and an excellent slide deck. It also requires a deep understanding of your prospect's issues and challenges - or "pain points." And the same thing applies to leading a team and managing your people!

Mike Montague interviews Brian Jackson on How to Succeed at Your 30 Second Commercial. Brian is an award-winning Sandler Trainer in San Diego, CA.

 

Troy Elmore, Sandler trainer, shows you how to succeed with the attitudes, behaviors, and techniques needed to be more successful at dealing with the competition and selling a crowded marketplace. Get the best practices collected from around the world.

Listen Time: 21 Minutes

Think for a moment about the best sales presentation you’ve ever made: you did your research on the prospect, you put together a killer PowerPoint deck, you gave them all your reasons to buy, tons of features and benefits, and you even cut them a deal on the price. But the prospect didn’t buy! Why?

Having a big pipeline of “prospects” is typically seen as desirable. The more prospects you put into the pipeline, the more will eventually emerge as customers. At least that’s the theory. And the theory is partially true. Some of the people you put in the pipeline will become customers. The question is, “How many will be customers and how long will it take for them to materialize from the other end of the pipe?”

At Sandler Training, we believe in not solely talking about features and benefits during your sales call, but rather focusing on the prospect’s needs. However, there is a time for presenting, once you have qualified the opportunity. Once a prospect is fully qualified in Pain, Budget, and Decision, then it is time for you to make the presentation, and you want to make that presentation as persuasive as possible.

If your goal is to find more prospects, get more and better referrals, and make more commission dollars in 2016 than you did in 2015, consider upping your social selling game. Here are four quick tips that will help you to avoid some common mistakes online.

Creating an effective sales pipeline can be a massive headache for sales leaders because reps have been known to stuff the pipeline with opportunities that have zero chance of closing. In a previous life, I took over a product specialist role selling a web-based media monitoring and crisis communications program. My first six weeks in that role was spent culling a $3 million pipeline down to $160,000 of real, qualified opportunities

Does this sound familiar to you? Prospect A says, "This looks very good. I think there's an excellent chance we'll do business." The salesperson thinks, "I've got one." Prospect B comments, "Your price is higher than we expected." The salesperson thinks, "I'll have to cut the price to close the deal." Prospect C reveals, "We were hoping for a shorter delivery time." The salesperson thinks, "I'll have to push this through as a rush order to get the sale."e