Friday, August 20, 2010

Right Questions for the Right Answers!

How & What questions you ask, is very important in establishing a basis for effective communication.
As for sales professionals, Open-ended questions are one of the most important tools for those who sell (as long as you listen). They help you gather information, qualify sales opportunities, and establish rapport, trust and credibility. If you consider yourself a professional, own (absolutely know) a repertoire of powerful open-ended questions… Questions that are answered by more than a simple yes or no… questions where the prospect/ customer gets directly involved in the sales discussion. Just in case you’ve not had the opportunity to put yours down in writing, here are some of my favorites.

You should have several additional questions specific to your industry, but these’ll get you more than started.

NOTE: Ask the question and let the prospect/ customer give you their answer.
-No leading.
-No prompting.
-No interrupting.


Information gathering questions:
  • What prompted you/ your company to look into this?
  • What are your expectations/ requirements for this product/ service?
  • What process did you go through to determine your needs?
  • How do you see this happening?
  • What is it that you’d like to see accomplished?
  • With whom have you had success in the past?
  • With whom have you had difficulties in the past?
  • Can you help me understand that a little better?
  • What does that mean?
  • How does that process work now?
  • What challenges does that process create?
  • What challenges has that created in the past?
  • What are the best things about that process?
  • What other items should we discuss?


Qualifying:
  • What do you see as the next action steps?
  • What is your timeline for implementing/ purchasing this type of service/ product?
  • What other data points should we know before moving forward?
  • What budget has been established for this?
  • What are your thoughts?
  • Who else is involved in this decision?
  • What could make this no longer a priority?
  • What’s changed since we last talked?
  • What concerns do you have?


Establishing rapport, trust & credibility:
  • How did you get involved in…?
  • What kind of challenges are you facing?
  • What’s the most important priority to you with this? Why?
  • What other issues are important to you?
  • What would you like to see improved?
  • How do you measure that?
(remember: no leading… no prompting… no interrupting… seriously!!.)

Let's get some sales, People!!

Cheers,
Muzammil Ahmed

Tuesday, August 10, 2010

Cold Calling?? - Hell yeahhhhh...

Cold calling typically refers to the first telephone call made to a prospective customer. More unusually these days, cold calling can also refer to calling face-to-face for the first time without an appointment at commercial premises or households. Cold calling is also known as canvassing, telephone canvassing, prospecting, telephone prospecting, and more traditionally in the case of consumer door-to-door selling as 'door-knocking'.

Cold calling is an important stage and technique in the selling process. Cold calling abilities are also useful in many aspects of business and work communications outside of sales activities and the selling function.

Good cold calling - performed properly and not as merely an indiscriminate 'numbers game' - is a fundamental and highly transferable capability, whose basic principles are found in the behaviors and techniques of all great entrepreneurs and leaders.

In essence cold calling is the art of approaching someone, professionally, openly and meaningfully, with a sensible proposition. Cold calling therefore enables success, chiefly because cold calling is strongly focused on initiative and action.

cold calling is how you see it!

Since selling became a recognized profession a couple of generations ago, countless sales training organizations, sales gurus, writers, theorists, and sales people of all sorts, have attempted to create effective cold calling techniques and scripts. There is no magic script, and while there are many helpful frameworks and methodologies there is no single magic answer.

Successful cold calling - including the effectiveness of methods and techniques - essentially relies on your own attitude towards cold calling.

Viewed negatively or passively, cold calling is merely a numbers game, where the sales person's calling (sometimes called 'canvassing' in this situation) is no different to a junk-mail leaflet. Somebody might respond - maybe one in twenty, maybe one in a hundred. This is the way that unsuccessful sales people see cold calling. No wonder for them that cold calling is a painful grind. Depressing, embarrassing, draining, exhausting, just horrible.

On the other hand...

Viewed positively and creatively , cold-calling is empowering and potent. Cold calling actually enables the sales person to:

* Supersede existing suppliers
* Pre-empt the competition
* Identify and create huge new business possibilities
* Become indispensable as someone who can make things happen and create new business
* Build (your) personal reputation beyond job title and grade
* Establish relationships and a respect (for you) beyond normal sales responsibilities
* Take ownership.

So, do you want to be the human equivalent of junk-mail, or do you want to achieve entrepreneurial reputation and success that will take you anywhere you want to go?

Like so many other aspects of business, management, and especially selling, cold-calling is how you see it, and whatever you want to make it.there is enormous potential in cold-calling. It's worth making a big effort to see cold calling in a different way because it is both a key to personal success and to business success.

Why does cold calling hold so much potential?

Cold calling uniquely:

1. positions you in a crucial pivotal role - you are an interpreter, translator, controller
2. Cold calling is the key to new fresh opportunities - business and anything else
3. Generally, the cold calling capability empowers you to define and determine and take control.

Cold calling by its nature opens business opportunities that are new, fresh, 'shape-able', free of baggage and history, and not weighed down by unhelpful patterns and expectations, etc.

Also, cold calling situations can largely be of your own making. You are in-charge. You own it. You can define each situation as you want - even if apparently you are quite constrained.

Believe it - people who are successful at cold calling can very quickly become extremely independent and powerful.

Your cold calling activities can create effectively a new 'virtual' business for yourself, within the organization or project, as if it were your own. This especially applies in B2B (business-to-business), where business opportunities are unlimited.

This is because cold calling is the life blood of all business - and any organized activity. Without it nothing happens. Even in largely automated businesses the automated systems would not have first come into being without someone doing the necessary cold calling. And nothing would develop or improve without someone being able to use basic cold calling skills to instigate the changes.

Cold calling dictates what happens, to whom, when, how - and even if cold calling is positioned and managed as a lowly activity, as is often the case, two things are certain:

* Cold calling alone can create and be a business in its own right - because cold calling is effectively the ability to make things happen - whereas every other business activity needs cold calling to start up and survive.
* Therefore successful cold callers can go anywhere and do anything - they are entirely self-sufficient and ultimately are not dependent on anyone or anything.

The philosophy applies in consumer businesses (B2C) too, where even if you are forced to work to a script or a strict list of prospects, you still have the opportunity to develop your own strategic ideas and style, which when successful can (if the organization has any sense) be extended into initiatives and campaigns for others to follow - placing you in a key role as a 'champion' or trainer or project leader. If the organization has no sense (some don't) then the successful cold caller can simply leave and start up by themselves, or step up to a bigger job with another employer.

Successful cold callers are always in demand. They can always make things happen - for themselves and for other people. Contrast these opportunities and outcomes with those offered by existing or established business relationships, or where the selling process has already begun. In these more mature situations the scene has already been set, along with expectations on both sides. The project has a shape, a life of its own, along with the distractions found when supplier and customer are already engaged. The project managers or senior consultants who have to pick things up at this stage have very little of the freedom and flexibility enjoyed by the cold calling sales person.

As a cold calling specialist you will always have the greatest potential - because you are working with fresh open situations - making things happen. Making something from nothing. It's difficult to put any limited value on such abilities.

Significantly, cold calling situations are the natural preference of all entrepreneurs. Cold calling situations are the natural hunting (or farming) ground of all entrepreneurs.

This is another way to look at cold calling: it is the favored approach of all entrepreneurs and the reason most entrepreneurs choose to start up their own businesses is because they recognize that the best opportunities are new ones.

Cold calling welcomes and makes the most of a blank sheet. Pastures new. No limits.

Seeing cold calling in these terms is 90% of the personal battle to be successful at cold calling.

To enable cold-calling to be this liberating - especially within an employed role - you have to make it so. You have to want to put your own personal stamp on things. To be creative, adventurous - to see beyond the script - beyond the conventional "we've always done it that way..."

Cold calling is an invitation to adopt the mind-set and ambition of an entrepreneur - to see cold calling as the key to opportunities and personal achievement, to independence and choice.

With the right positive attitude to cold calling then rejections cease to be problems. Resistance ceases to be insurmountable. All obstacles become instead welcome steps towards success and achievement. The challenges are now the essential experience towards inevitable success.


So - Get-on now, Make some sales!

Cheers,
Muzammil Ahmed

Wednesday, August 4, 2010

CRM Software ?

How Do I Evaluate and Decide On The Right Solution?

In considering CRM software, often an organization short lists three CRM applications to be presented to its users. Evaluation should not be based heavily (if at all) on the users liking the look and feel of the interface (GUI). The users of an organization tend to agree on one CRM application as by nature we feel most comfortable with what we already know. If you ask a Salesperson who has been using a paper diary for 30 years, what is better? A paper based or database system the answer is always paper! Over the years I have witnessed three different systems put in front of users at different organizations and there is never a clear winner for the CRM application chosen.

Evaluating the cost of ownership should be done over a 3-5 year period. Presently (and I say today, not in 2 years time) you will receive a better return on investment (ROI) with an In-House system. With In-House deployment, licenses are generally sold on a per user basis and paid up front. You then own the licences and don’t have an ongoing cost (outside of annual software maintenance). The initial costs usually involve license fees, consulting fees and deployment costs. Although the initial cost of ownership can be higher, your cost can be controlled and easily justified.

Control is another evaluation point. A SaaS CRM software solution does not give you the control that an In-House system allows – but do you need it? For example, the ability to upgrade when you want to ensure your users are trained on new features. Do you want the ability to move to an In-House system as you grow? Microsoft Dynamics CRM as an example gives you the flexibility of a seamless switch between SaaS, Partner Hosted and In-House deployment with your data and configurations remaining intact.

In considering your CRM software investment you need to decide your requirements first. A CRM consulting company will assist you in defining your objective and goals for your initial project. To do this, you will need to be clear on the processes you are looking to work on – sales, marketing, customer service and other processes. Then set the benchmarks you will need to reach to achieve a solid return.
CRM Software ? How Do I Evaluate and Decide On The Right Solution


You will have options to choose various modules and software versions of the CRM application. For example, a marketing module to manage your campaigns and your leads. Similarly, a service desk module will enable you to manage customer support or customer service incidents effectively. A CRM consulting company will help you understand your data requirements and the interfaces between your other software systems and CRM. They will help determine what application, In-House or a SaaS CRM software solution is right for you.

The final consideration is cost of the project. Extensive research over the years shows that a decision makers’ purchase decision is based on price the first time round and the second time round on Service. Service can be defined as the pre-sales, training and consultancy services, on-going technical support and after-sales account management. In BRW Magazine, customer relations software was named as the most popular SaaS application (35 percent) and that “companies in Australia are using SaaS because it’s cheaper, rather than because it’s easier to use”. Only 9 percent cited “ease of use” as the reason for choosing SaaS. Second time round I guarantee those decision makers will buy on Service. Note, I did say that SaaS CRM Project will be more expensive costed over a 3-5 year period so be careful if a quote looks incredibly cheap!

A CRM consulting company with extensive experience will help you put together a phased project approach that delivers a ROI at each phase of your Project.