Based on the common wisdom about the state of mortgages in the U.S., you might think all mortgage companies are on the brink of going out of business. Daniel Milstein, the 30-something CEO of Gold Star Financial has taken some calculated risks by investing in employees, service quality and marketing, ...
We needed a new dishwasher. The old one was leaking and the plates were coming out almost as dirty as they went in. So my wife and I headed out to the local appliance store. You need to know that price was not an issue and that my wife was ...
What is essential for gaining a customer?What is essential for retaining a customer?What when neglected, will lead to losing a customer? The answer to all three questions is “trust.” So, what is trust, and how do you develop it with prospects and preserve it when they become clients? Trust is ...
Many salespeople call on accounts and are extremely anxious to tell them about their products and services. After the sales call, they walk out bewildered why they didn’t get an order. “I told them every reason why they should buy but nothing happened?”
Henry Ford said it well, what we think shapes our reality and our attititude determines our fate. We all carry attitudes about our employer, our products or services, our market, our prospects, and of course, ourselves. If you jump out of bed every day, dive into your work with a ...
If our prospects are going to invest in our product or service, then we need to help them discover that their existing situation is inadequate. After all, why would anyone invest in something if there’s nothing lacking with their current situation? Helping prospects discover their inadequacy is sometimes hard to ...
A sales template can be created to capture and systematize the steps of the ideal sales process for a particular product or service. This sales template process is a way to assure that a consistent sales process can be followed regardless of the experience of individual salespeople. In addition to ...
Competition is the reason salespeople and many other employees strive so much. If it weren't for competition, businesses would lack the strongest incentive for change - in new products, new processes, new market ventures, new strategies and organizational development. This competitive impetus is more than self-serving in that it drives ...
Reversing - answering a question with a question - is a potent tool for any sales person, but only if used correctly. Used properly, a salesperson can get a clear understanding of why someone is asking the question so the salesperson can give a better answer, direct the conversation or ...
How many times have you said, “Oh, well. You can’t win ‘em all”? It may be true that you won’t win all the opportunities you pursue, but that doesn’t mean that you can’t win them all. In the context of the saying, “can’t” is a self-limiting belief of scarcity. It ...
One of the most common reasons I hear from salespeople not making prospecting phone calls is they're reluctant to call because they won't know what to say. This reason is used both surprisingly enough for warm calls and for cold calls, too. Now the reason for cold calls is probably ...
Recently I had a successful business owner ask me, "When do you know when your business has finally arrived?" I had wondered the same thing for many years. We all are waiting for that day when the business runs itself. We wonder, "When will I have enough business and repeat ...
Business school and Master of Business programs do a fairly comprehensive job of teaching students economics, finance, business management, business models, marketing, public relations, and even a lot about product placement and pricing strategy. But when it comes to the essential point of transaction, where a business actually meets face ...