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Jeffrey Gitomer's "SALES
 CAFFEINE"

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Issue 180


April 19, 2005

publisher:
Jeffrey Gitomer

editor:
Traci Capraro

 

 


FRESH BREW FOR YOUR BRAIN


Uncovering your own secret of selling: Why you buy!

Think about your most recent purchases.
They hold the secrets to increasing your sales.

Last week, during a seminar, I was in a stream of consciousness talking about buying motives and why people buy. As usual, I was focused on the customer side-the probable purchaser side-the buyer side of the equation. Then out of the blue I said, "Think of something you just purchased. Why did you buy it?"

All of a sudden, a one-million-watt lightbulb went off inside my head-one of those instantaneous "AHA messages." I discovered an answer, and it's an answer that everyone can understand.

To continue, click here.
http://www.gitomer.com/index.cfm?GitAction=Column.ArticleDetail&ArticleID=1961


 

 

 

Weekly Special!

Overcome the Fatal Flaws of Selling!

1. Jeffrey Gitomer's Fatal Flaws CD Rom - in 17 minutes, learn Jeffrey's 12.5 Fatal Flaws of selling and how avoid them.

2. Jeffrey Gitomer's Little Red Book of Selling - including strategies and answers from a lifetime of selling and focusing on WHY PEOPLE BUY!

This package retails for $119, but we're offering it for $35 this week only! Go to www.gitomer.com to order today before this special package expires.


Jeffrey Gitomer's Voicemail Teleseminar

Should I leave a message or not? If that question goes through your head when you get a prospect's voicemail, then you need to dial into this teleseminar!

Jeffrey will teach you:

·  When you should leave a voicemail and when you shouldn't leave a voicemail.

·  How to avoid voicemail and get directly to the prospect.

·  7.5 ideas to spice up your voicemail so that someone might tell someone else to call you just to hear your message.

·  Jeffrey's 4 things you need to know before you create your voicemail.

·  Five guidelines that define the sales perspective of voice mail.

·  and he'll answer ANY question that you have about voicemail!

The call is on Monday night, May 9th at 8PM eastern. All you need is a telephone. We'll email you the phone number for the call. The call is only $99 per person and it includes a free audio CD of the call per registrant. For non-registrants, the CD is $79. Jeffrey normally speaks for about 40 minutes and then will open the line for questions.

Reserve your line now at http://www.gitomer.com/teleseminar


A SHOT IN
 THE WALLET: SALES Q + A

 

Jeffrey,
You recommend that businesses use customer testimonials. We deal with huge corporations, and due to legal constraints, they are not allowed to give testimonials. They are restricted from saying anything, especially in print, that seems to endorse another company-even one that has done excellent work for them-as we have.
Roslyn

Roslyn,
Offer anonymous testimonials: name withheld because they work for a large corporation with a bunch of stiffs. Just because you can't get a testimonial with a name and a company, doesn't mean you can't get a testimonial. Perhaps you can handle it like the witness protection program: people sit in the shadows offering their testimonial one after another. I'm poking fun and being serious at the same time. Use anonymous testimonials.
Best regards,
Jeffrey Gitomer

Jeffrey,
At the tender age of 20, I have landed a great job. I am one of four Audi car salesmen in the entire state. But I need help. I am a great talker, very friendly and funny, but I am not aggressive. I usually let my customers go before bringing them in for a close, or I back down to rejections. And most of all, I don't follow up as much as I should.
Brandon

Brandon,
It seems as though you've analyzed your own problem. Now all you have to do is figure out a game plan to fix it. If your follow-up skills are poor, plan to make five follow-up calls a day, no matter what. It's not that your skills are poor; they are underdeveloped. The only way to develop them is to use them. As far as asking for the close, start that at the beginning by saying, "Is Audi the car you selected for transportation?" >From that point, all you have to do is select a model and a color.
Best regards,
Jeffrey Gitomer

 

 

 

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A SHOT IN
 THE BUTT!

 

a guest column by

 

 

 

 

Randy Schwantz - How to Get Your Competition Fired (Without Saying Anything Bad about Them)

 

 

In my early days of selling, I had a sales manager that told me over and over again that selling is about relationships. He'd say, "Your number one objective is to get people to like you." So I worked hard at that. I'd build relationships to the point that I'd get a chance to provide a needs analysis and then offer a proposal.

Obviously, I'd ask my prospect, "If I can improve your situation and save you some money, is there any reason why we can't do business?" My prospect would always say, "No, there's no reason at all, let's see what you've got." So I'd go to work, put together a proposal with my ideas, solutions, and pricing. A couple of weeks later, I'd present it to my prospect. The prospect almost always liked the proposal and would say, "This looks real good, give us a couple of days to consider it."

A couple of days later I would call my prospect to see if I got the deal. Here's what the prospect would say, "I really appreciate your efforts. Your ideas were really helpful, but there wasn't enough difference between your pricing and our current supplier to justify a move right now." I'd thank them for their time and say that I'd like to stay in touch and give it another go in about six to 12 months. Because I had built a nice relationship, the door was open for future contact.

I found myself in this predicament a little too often. Here's what I learned from it:

3 Truths about Selling

1. If I Want to Win, Someone Else Has to Lose. It's pretty simple: If you can't get your competition fired, you can't get hired. For example, during an interview, basketball superstar Michael Jordan was asked about the secrets to his phenomenal success. He said his number one secret was that in order to win, someone had to lose. As a result, he didn't just play his best game; he'd watch films and scout the competition. He'd find out what their weaknesses were and exploit them.

2. The Greatest Motivation for Human Beings is to Avoid or Eliminate Pain. Why do most people go on a diet, quick smoking, buy a new car, take a new job, buy a bigger house, fund their 401k-or make any sort of change in their lives? About two-thirds of the time, it's to eliminate pain. About one-third of the time, it's to gain something pleasurable. The point is: the greatest human motivation is to eliminate or avoid pain. So, instead of talking feature benefits, I made a list of all the solutions I believed I could provide. Then next to each solution, I listed the "bad" things that would happen if they didn't have these solutions. I changed my whole mindset; I started selling the elimination of pain instead of "things can be better."

3. Most Prospects Don't Know Where They Hurt! What a strange thing to say, but let me ask you this: How many times have you been on a sales call and started asking probing questions like these: "How are things going?" "Any problems with service?" "Are deliveries on time?" "Any product issues?" And your prospect, with a straight face tells you everything is fine.

I came to the conclusion that most prospects don't know where they hurt because they have unconsciously lowered their expectations, and as a result, they think they are content.

Obviously, if we can't raise their expectations, we've got nothing to sell.

So, how do you get your competition fired (without saying anything bad about them)?

Do Your Homework. Get clear on where your competition is weak and where you are strong. Be prepared to exploit those weaknesses to get your prospect to see that they are being underserved and their expectations are too low. Think Pain. What pain DO we eliminate and CAN we eliminate because of our strengths? Ask Probing Questions. Accept that your prospects are fairly content with their current situation, and as a result, you have put yourself in their shoes. So ask yourself: "What would I want if I were willing to think about it?" Then use that to stimulate your development of services to trump your competitors.

Randy Schwantz is President and CEO of The Wedge Group www.thewedge.net.They offer The Wedge Sales Culture, a program that shows Fortune 500 companies and small businesses how to drive rapid sales growth in any industry. As the creator of The Wedge, Randy Schwantz has been called "part sales psychologist and part engineer" for his re-invention of pre-call strategy and the sales call. The Wedge Group can be reached at 940-464-9000.

 

 

 

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Uncovering your own secret of selling: Why you buy!

Weekly Product Special

Your Success Story

Randy Schwantz - How to Get Your Competition Fired (Without Saying Anything Bad about Them)


JEFFREY'S SCHEDULE
WATCH THE SALES RANT
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Jeffrey's Sales Rant is a clip of his online training www.trainone.com

 

 

 

 

 

 

 

"Your job as a master salesman is to create an atmosphere where people want to buy."

Jeffrey Gitomer from his new book Jeffrey Gitomer's Little Red Book of Selling.

 

 

 

 

 

 

 

 

 


 

 

 

HOUSE BLEND


Your Success Story

 

 

 

 

 

 

 

I read Jeffrey's article about providing value to the client, so I began to think about how to apply this concept at our retirement community. The marketing staff decided to call every client on our list of prospective residents and offer them free use of the community's swimming pool and fitness center. Use of the fitness center includes time with the fitness center director to set up individualized training programs. This costs us nothing, but has resulted in several clients becoming more excited about signing residency contracts.

Katherine Vojtko

Each week we will feature a salesperson's success story. Please send your stories to traci@gitomer.com. If we publish it here, we will send you a free Sales Caffeine mug with Gitomer Brew!

 

 

 

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Jeffrey's Upcoming Public Seminar Schedule

 

 

 

Athens, OH

4/22/05

Vancouver, Canada

5/4/05

Kansas City, MO

6/24/05

Speaker/Staff Workshop

8/13/05

Edison, NJ

9/22/05

St. Louis, MO

10/25/05

 

 

 


Jeffrey's Upcoming Teleseminar Schedule
(telephone required)

Voicemail

5/9/05

Close the Sale

7/18/05

Creativity

11/7/05


Introducing TrainOne 2.0

Equipped with self-assessments to enable tailored training, interactive selling situations and simulations, and pre and post tests to monitor improvement, the objective of this process is simple; build stronger relationships with your customers, better prepare you to make productive sales calls, and help you make more sales to new and existing customers. There is no other online sales training program available like this.

"As a result of this program, not only have our salespeople increased their ability to win with each conversation, but they've shortened the selling cycle. In only three months, the pipe of workable opportunities has grown 50%. Not only has the training improved the close rates, but also the average size of a sale. The positive return on our investment increases with every sale, every day."
Jayme A. McRee
Eden, President, CEO

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Jeffrey Gitomer's popular seminar based on his best-selling book Little Red Book of Selling is now available for corporate meetings! Your company will learn firsthand the principles and strategies for achieving sales greatness. This is information they can walk away with and turn into money.

For more information, contact
Michelle Joyce, Queen of Events, at 704-926-5582 or email michelle@gitomer.com

 

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© 2005 All Rights Reserved - All great salespeople-and those striving to be great salespeople-should read this ezine. Don't even think about reproducing this document or its contents without written permission from Jeffrey Gitomer. But feel free to forward this or email it to all of your friends. For reprint permission, please call 704/333-1112.

Sales Caffeine is a weekly email distributed by TrainOne.com and Buy Gitomer, Inc.
310 Arlington Ave. Loft 329 Charlotte, NC 28203 704-333-1112

 

 

 

 

 

 

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