This is a guest post by Karen Andrews

Did you know that the majority of telephone sales leads and enquiries do not get followed up more than once (which could be why your business has a low conversion rate*)?

To improve your sales or that of your telephone sales team, develop a system to regularly check where each one is at and when they were last contacted. If you hold sales meetings, doing it at the beginning or end of each month is perfect.

Here are some statistics that I’m sure you will find most interesting:

• 48% of sales people never follow-up with a prospect
• 25% of sales people make a second contact and stop
• 12% of sales people only make 3 contacts and stop
• Only 10% of sales people make more than 3 contacts
• 2% of sales are made on the first contact
• 3% of sales are made on the second contact
• 5% of sales are made on the third contact
• 10% of sales are made on the fourth contact
• 80% of sales are made on the fifth to twelfth contact

To ramp up some sales in the next couple of months, go through all the leads you have received over the last 3-6 months and either you or your sales people pick up the phone and call them. You will be surprised how many people haven’t done anything, simply because no one has bothered to follow up and they have simply been too busy to do anything about it.

* Your sales conversion rate is how many enquiries you receive vs. how many you convert into customers over a specified time frame. To calculate your sales conversion rate follow this simple formula

Total No. of Sales/ Total No. of Enquiries x 100 = Sales Conversion

e.g. 100 sales / 80 enquiries x 100 = 80%

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach, Strategist and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

The following is a Guest post by Mike Brooks, AKA Mr. Inside Sales.

Because you only have a few precious seconds to make a connection and establish interest, you’d better have a good opening prepared in advance.

Besides being very busy, your prospects probably get a lot of sales calls every week, and many of them from your direct competition. So why would they want to talk to you? What can you do to separate yourself from all the other calls they get?

The answer is that you have to establish a real connection with your prospect and stop sounding like all the other sales reps who call them.

Here is what your competition usually sounds like (I hope you’re not doing this!):

“Oh, hi Mr. __________, this is _______ _______ with the MLT Group.

__________, we are an industry supply manufacturer and we help companies streamline their production process. We work with many companies in your field and save them between 10 to 15% on the cost of their storage and delivery process. What I’d like to do is ask you some questions to see how our process may save you that kind of money as well. Where are you currently getting your…”

Do you see how this opening makes no connection with the prospect? Do you see how it just starts pitching at the prospect and doesn’t acknowledge that the prospect might be busy, or not interested? Do you see how there is no rapport built here and how it’s a one sided conversation?

How do you feel when someone barges in on your day and starts in with a pitch like this? You’re probably thinking what most prospects are thinking: “How do I get this sales rep off the phone?!”

Now let’s look at the right way to open your call. Your goal in the first few seconds is to make a connection and get them to interact. You have to acknowledge that they may be busy or that you respect their time and you need to establish some rapport and separate yourself from all the other sales reps calling them.

Try this:

“Hi, ________ this is _______ _______ with (your company), how’s your Tuesday going? Great. Listen, _______, I know you probably get a ton of calls so I’ll make this brief.

Let me ask you, if I could show you a better way of tracking and shipping (or) and save you money doing it, would it be worth spending five minutes with me next week to show you how?”

Or,

“What is the one thing you could change that would have a dramatic impact on your productivity and that would save your company money?”

Or,

“If you had a magic wand and could change one thing about how you currently do (their business), what would it be?”

Can you see how this quick questioning approach is more effective than what you may currently be using now? Eighty percent of your competition still barge in on their prospects and open their calls up with a long explanation about what they do and what they offer, and pitch their products and services without checking in with their prospects or establishing any kind of connection. No wonder most people brush them off the phone!

You can separate yourself from this group instantly, starting today, by using the opening technique above. Once again, adapt it to fit your product or service, and then practice it until it’s natural and easy for you to use. As you do, you’ll begin to notice yourself struggling less, making more connections with interested and qualified buyers, and you’ll have more confidence and feel better about yourself.  Just like the top 20% do!

Mike Brooks, Mr. Inside Sales, works with business owners and inside sales reps nationwide teaching them the skills, strategies and techniques of top 20% performance. If you’re looking to catapult your sales, or create a sales team that actually makes their monthly revenues, then learn how by visiting http://www.MrInsideSales.com

All this week has been ‘Mike Brooks’ week on Telesales Magic! Here’s the final of the five articles that Mr. Inside Sales put together for our readers. Its a quickie, but a goodie, on the art of overcoming the dreaded ‘Smokescreen’ objection. No doubt you’ll be seeing more of Mike in the future here at Telesales Magic! Enjoy…

Have you ever answered an objection from a prospect only to be given another one that was completely unrelated to the first one? And then after you battled your way through that one, you got another, then another?

If you’ve been in sales any length of time then I’m sure you have. And if you still don’t know how to handle and even avoid that, then I know you’re hating life – until now! That’s because I’m going to teach you a simple technique that will enable you to avoid that common trap 80% of your competition fall into.  And here’s what you do:

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This is a Guest Post from Julian Blee, of Fat Cat Ideas.

I love the old sales joke about two salesmen taking a cigarette break outside their office. One turns to the other and says, “What a morning I have had, I must have done over 12 sales presentations, I have had loads of positive calls, people are just loving me today.” The other salesman turns to him and says, “I’ve not sold anything either”.

The above joke refers to the myth of mistaking being busy for being productive. The same goes for the compliment, “You’re a Great Sales Person.”   A lot of sales people will attribute positive connotations to certain things when in fact they are not.

I have actually heard telesales people boast that they were called a great telemarketing professionals by the prospect that they just pitched. Notice I said ‘prospect they just pitched’ and not ‘client they just closed.’  The reason that I say this is that the so called compliment, “you’re a good sales person” is usually followed by “I’ll think about it” and a lost deal. The ‘no sale’ is the natural conclusion to that type of comment.

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Today we welcome a new guest writer, Shaun Gisbourne, from Phone for Business, and his first contribution to the Telesales Magic archive. Shaun kick’s off what we hope will become regular contributions with a look at the important role of building strong rapport with your telesales prospect. Enjoy.

What is rapport? Well, it’s a word that comes from the French language whose meaning essentially is connection, relation, link, communication, affinity. Establishing rapport can be natural, or it can take time. Sometimes it seems that it may never happen at all.

Suppose we were to accept on faith that there are no bad prospects, only bad salespeople, then we set the bar for establishing rapport very high indeed. It’s about attaining a level of comfort in your dealings with others, a mutual degree of respect and understanding. Whilst we can say that interactions can vary depending upon who you’re calling, the time of day, the pressure they’re already feeling from their environment and events in their lives, let us also be clear that the same is true of you, the person doing the calling.

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Check out this guest post by Karen Andrews of Shine Sales Solutions. Karen has the uncanny ability to get right in there on key issues for salespeople, which we love here at Telesales Magic!

You feel as though you have done everything right. You’ve connected with your prospect well, they have explained their business issues and you are working directly with the person who has the authority to make the decision. They have given you all the right buying signals but the only problem is you can’t get them to sign on the dotted line and now they aren’t returning your calls.

In order to wake up a stalled sale, you must first diagnose the reasons behind it. The problem may not be that the sale stalls, the problem is that we just don’t recognize it soon enough and waste valuable time and resources on dead-end opportunities.

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Selling by phone is tough. Persuading a potential consumer to buy a product over the phone is not a simple task. Your customer doesn’t know you personally and they can’t see your face physically either, so there are really no guarantees for them to know whether what you are telling them is the accurate truth, or just sugar-coated fibs. You must be able to build rapport and acquire your client’s trust in just a short span of time. Which is where telemarketing and cold calling techniques come into play.

To handle this effectively, preparation ahead of time is the key. If you are working as a telesales person, it is crucial for you to be prepared in order to successfully sell your product. Follow the tips below to know why it is important to be prepared in the telesales game of life…

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This is a Guest Post from Julian Blee, of Fat Cat Ideas.

I would like to take a look at the urban myth concerning the word ‘no’. I wrote this article because it is a very common misconception that it is OK to put off dealing with a ‘no’ until the end of a pitch or presentation. This is crazy and hopefully at the end of this article you to will agree with me.

The word ‘no’ is there to be loved, enjoyed and embraced. I know that is going to sit uncomfortably with many people reading this newsletter because it is the bête noire of many sales people. No’s seem to send the fear of God running through the veins of many new and also experienced sales people.

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