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Planning & Management

20 Tips From A Sales Coach To Increase Sales Productivity

Article Contributed by Jeremy Ulmer

“Absorb what is useful, reject what is useless, add what is specifically your own.“ –Bruce Lee

Here are 20 quick tips to help you increase your sales productivity. Keep in mind, not every tip will be useful for every person. Just pick the tips that are helpful for you and integrate them into your routine.

Here are a few suggestions when reading through all of these tips:

-Don’t do them all at once. Focus on one at a time.

-Experiment with different tips.

-These are not in any particular order, so browse through them all.

So, here they are, 20 tips to increase your sales productivity:

1. Less is more. Focus on your most essential tasks each day. Eliminate or delegate as much as you can.

2. Exercise. Make this a habit if it is not already. For me, exercising is the key to my energy, health, and productivity. It also greatly reduces stress and can be a form of meditation. Here are some tips on how to make exercise a daily habit.

3. Stop rushing. Focus on what you are doing in the moment and don’t rush through it. It will be much more relaxing for you and in the end, your quality of work will be improved.

4. Fail. Don’t be afraid to fall flat on your face and fail. If you are afraid of failing, you will never take important first steps. Without failure there would be no success.

5. Find what you love to do. Find something you love to do, and your quality of life and work will improve. If you love your work you will become more productive and less stressed.

6. Wake up early. This is not for everyone, but it can make a huge impact on your life and what you get done in a given day. Here are some tips on how to wake up early.

7. Eat clean. Don’t buy junk and don’t bring it into your house. That will instantly help you stay lean and trim. Be aware of what you are eating, your mouth is not a garbage disposal.

8. Get organized. The more organized you are, the less time you will waste finding things and the more productive you will be.

9. Review goals. Don’t just set sales goals, but take a look at them each month to see what is working and what is not working. It is ok to change your goals.

10. Be positive. Focus on the positive. Focus on what you have, not on what you don’t have. Surround yourself with people who have positive energy. Here are some tips on how to stay positive in sales.

11. Practice being compassionate.
“Be kind, for everyone you meet is fighting a hard battle.” – Plato.

12. Visualize.
Envision your most positive future self. What would life be like for her or him? Where would you live and what would you be doing? Let that vision pull you into the future you want to have.

13. Set goals.
Long-term goals are important to set, but also be sure you are setting daily and weekly goals as well. Here are some tips on how to set goals.

14. Get the toughest things done first. Aim to accomplish the 3 most important things of your day before 12noon. Give them top priority.

15. Be focused. Work on one goal and one task at a time. Don’t spread yourself too thin.

16. Enjoy the ride. Don’t just focus on the end goal, but enjoy the process and learning that takes place as you strive to achieve them.

17. Enjoy the little things.
A joyful and happy person is a more productive person. Editors Note: I used to walk my grandma on long walks in her wheelchair and the little things gave her the most joy. Seeing a Cardinal bird, a beautiful flower, or simply getting some fresh air, made her day and taught me a lot about what really matters.

18. Single-task.
Stop multi-tasking and this will instantly increase your productivity. Here are some tips on how to minimize distractions to focus on one task.

19. Be in the now.
Be present and focus on being in the now more than the past or future.

20. Volunteer and help others. Just one hour a week of volunteering can make a huge impact on the world and on yourself. I find volunteering to be one of the most fulfilling things I do. Try it out, and you just might become hooked too! When you volunteer you will not only be helping others, but you will provide yourself with many health benefits that will increase your energy and productivity.

About the Author:

Jeremy Ulmer is one of the most dynamic and requested sales experts in the country. His company specializes in working with sales management, individual sales performers, and sales organizations to transform their sales results. They deliver customized sales coaching programs and corporate sales training. Sign up for free sales tips and free sales webinars at: http://www.SalesCoachingHabits.com

Categories
Sales & Marketing

Top 10 Ways To Stay Motivated In Sales

Article Contributed by Jeremy Ulmer

“Nothing contributes so much to tranquilize the mind as a steady purpose–a point on which the soul may fix its intellectual eye.” -Mary Shelley

1. Get Inspired Everyday. Inspiration is one of the best motivators, and it can be found everywhere. Sources of inspiration can include, but are certainly not limited to:sales blogs, sales articles, sales online success stories, sales forums, peers, friends, sales books, and motivational quotes.

2. Hire A Sales Coach. Working one on one with a sales coach has proven to be one of the most effective methods to truly achieve breakthrough sales results. However, be sure to ask these questions of any sales coach you interview before hiring a sales coach.

3. Have Compelling Reasons For Your Actions.
Write them down and know your reasons for wanting to achieve your goals and stay motivated. When you clarify why you want to accomplish certain goals, and what it will mean to you to accomplish them, it will help increase your motivation and keep you on track.

4. Be Ready For Negative Self Talk. Become very aware of that inner voice that says you should just quit and give up. One of the most powerful things you can do is to simply raise your awareness and recognize when it is happening. Just by naming the negative self talk alone, it will help you consciously decide what you need to do.

5. Get Back On The Horse If You Fall Off.
Don’t beat yourself up if you slip up one day, but make it a rule to get back into your routine the next day. Don’t wait any longer. You don’t need to be perfect all the time, you just need to brush yourself off, and get back on the horse.

6. Visualize Your Sales Goals.
Visualize the successful outcome of staying motivated in great detail a few times for 2 minutes each day. Close your eyes, and think about exactly how your successful outcome in sales will feel. Form as clear of a mental picture as you can.

7. Create A Daily Journal For Your Sales Goals. If you can become consistent about writing notes in your journal, it can be a tremendous motivator. You should focus on writing about what you got done that day and how you felt about the things you did or did not do.

8. Get Competitive. Many sales people are driven by competition. Take advantage of this natural drive by using it to fuel your sales goals. Take a look at your peers around you and see where you are ranking on new clients per month, revenue, or appointments set. Aim to be #1, or stay on top, if you are already #1.

9. Make A Public Statement About Your Commitments.
Make a statement on Facebook, LinkedIn, Twitter, or announce to your friends and family that you are going to achieve a certain sales goal by a certain date. You will get support and accountability automatically with this method.

10. Think Positive. Monitor your thoughts and become more aware of your self-talk. If you hear negative thoughts, notice them, and then choose to replace them with a positive mind-set.

About the Author:

Jeremy Ulmer is one of the most dynamic and requested sales experts in the country. His company specializes in working with sales management, individual sales performers, and sales organizations to transform their sales results. They deliver customized sales coaching programs and corporate sales training. Sign up for free sales tips and free sales webinars at: http://www.SalesCoachingHabits.com

Categories
Sales & Marketing

Your Customer’s PIR: Price Investment Ratio

Article Contributed by Mark Hunter

Have you ever really considered how price affects your customer with regard to their perceived benefit?  Too often, we use a simplistic approach to determining a price – figure the cost to produce a product or service, tack on some arbitrary percentage, and call it good, right?

Price, though, is consequential in ways we may not initially consider.  The price a person pays for something goes a long way in determining the perceived benefit they expect to get from it.  The perceived benefit cuts two ways. First, the expectation of service goes up the more a person pays for something. Second, the perception of what they’re gaining also goes up with the amount they pay.   The two are not opposites; they work in tandem, and in nearly all businesses, this tandem relationship can and does work to your advantage.

Many companies, hopefully including yours, are known for delivering incredible service.  This quality service may be what your customers comment upon and why they are willing to refer you to other customers.  This level of service comes at a price. One of the things you always should be doing is explaining to and showing your customers how your level of service helps them.

The more you share this type of information with your customers, the more comfortable you become in seeing the value of what you offer.  Having confidence in your service allows you to increase your “Price Investment Ratio” (PIR). This all has to do with what you expect customers to pay.

For the customer, the PIR is revealed when you help frame their expectations.  To help explain this best, let me refer to what I call the “IBM paradox.” This is the belief people have that although you will pay more for anything you buy from IBM, you will never be fired for using IBM.  What this means is there are plenty of companies that sell the exact same items and services as IBM, but at a less expensive price.  Although other vendors will be less money, there is a level of safety and confidence in using IBM – so much so that it translates to a premium price that customers will pay.

The “Price Investment Ratio” (PIR) is the amount over the minimum amount a person would have to pay for something. They are willing to pay it to feel confident in what they are buying.   You might say the PIR should really be the CP – the “Confidence Premium.”

There are no two ways about it – when you have great service but do not reflect it in your PIR, then you are underselling.   If you are underselling, you are not making the profits you could be making.

I can hear some of you at this point thinking, “What if we don’t have a solid sense of how good our customer service really is?”   In other words, maybe your company receives very few complaints, but at the same time, you are not sure if your service is at a higher caliber than what your competitors bring to the table.

In order to find out your “Price Investment Ratio” (PIR), you must do a deep dive with your existing customers to get them to tell you what your service means to them.  Once you do this, you can then match up what existing customers are telling you with what prospective customers are asking you to do.   When you grasp this, you begin to understand what the PIR really should be.  How much “investment” is the customer willing to make in going with you instead of your competitor?

As I have often said, in the B2B arena, companies don’t buy anything, they only invest.   If your customer can’t see the return on investment, they won’t invest – they won’t pay the price you want to get.   When they do see the value, though, then you can feel very confident in charging a price above what your competitors charge.  Don’t settle for a lower price when doing so is detrimental to your bottom line.

About the Author:

Mark Hunter, “The Sales Hunter,” is a sales expert who speaks to thousands each year on how to increase their sales profitability.  For more information, to receive a free weekly email sales tip, or to read his Sales Motivation Blog, visit www.TheSalesHunter.com. You can also follow him on www.Twitter.com/TheSalesHunter, on www.LinkedIn.com/in/MarkHunter, and on www.Facebook.com/TheSalesHunter.

Categories
Entrepreneurs

Support to Build Business: Guidance for Three Types of Female Entrepreneurs

Article Contributed by Michele DeKinder-Smith

Most women business owners are on their own as they create, grow and run their companies – but by finding expert and community support, they can accelerate their business growth process and shorten their learning curves, reaching their greatest potential more easily in less time.

Research by a trusted authority on female entrepreneurs shows there are five distinct types of women in business. Each type of business owner has a unique approach to running a business and therefore each one has a unique combination of needs. This article describes three of those types and outlines various ways each of them can seek that support effectively.

Jane Dough is an entrepreneur who enjoys running her business and generally, she makes a nice living. She is comfortable and determined in buying and selling, which may be why she’s five times more likely than the average female business owner to hit the million dollar mark. Jane Dough is clear in her priorities and may be intentionally and actively growing an asset-based or legacy business. It is estimated that 18% of women entrepreneurs fall in the category of Jane Dough.

With her fast pace and quick-growth style, Jane Dough will welcome expertise and will devour it eagerly. She will be a serial consumer of information as she acquires expert guidance so she can quickly and easily implement new strategies in her business for maximum potential. From marketing and social media to hiring and team development, Jane Dough’s entrepreneurial style will allow her to  find the right mentor, until she is moving towards her business goals at a breakneck pace.

Merry Jane is building a part-time or “flexible time” business that gives her a creative outlet (whether she’s an ad agency consultant or she makes beautiful artwork) which she can manage within specific constraints around her schedule. She may have a day-job, or need to be fully present for family or other pursuits. Representing about 19% of women in business, she realizes she could make more money by working longer hours, but she’s happy with the tradeoff she has made because her business gives her tremendous freedom to work how and when she wants, around her other commitments.

Thanks to Merry Jane’s myriad roles and responsibilities, systems are key. Therefore, she will benefit most from experts or support people who can help her increase her efficiency using systems that tie to her business and require very little time from her. Also, Merry Jane would benefit from a mentor or expert who is well-connected to other resources in the community so that she can quickly identify solutions to her needs, and then connect with them so her needs are met just as quickly.

Tenacity Jane is an entrepreneur with an undeniable passion for her business, and one who tends to be struggling with cash flow. As a result, she’s working longer hours, and making less money than she’d like. Nevertheless, Tenacity Jane is bound and determined to make her business a success. At 31% of women in business, Tenacity Janes make up the largest group of female entrepreneurs.

Because a Tenacity Jane business owner will want to get her businesses on solid financial footing as quickly as possible, she should seek an honest mentor or expert who knows how to make a business profitable. This person must be willing be straightforward – to tell Tenacity Jane the apparent cause of the business not being as profitable as it needs to be – and then teach her how to repair the business so it can thrive.

Although running a business may feel like a solitary operation, a female entrepreneur who seeks support and guidance from experts and community members will find her journey is much easier and more enjoyable – and her business is more successful.

About the Author:

Michele DeKinder-Smith is the founder and CEO of Linkage Research, Inc, a marketing research firm with Fortune 500 clients such as Starbucks, Frito Lay, Tropicana, Texas Instruments, Hoover Vacuums and Verizon Wireless. She parlayed this entrepreneurial knowledge and experience into founding Jane Out of the Box, a company that provides female entrepreneurs like YOU with powerful resources, such as educational blogs, teleclasses, newsletters, and books. Take your Jane assessment to determine your own business type at www.janeoutofthebox.com Also, she is the author of two successful books for female entrepreneurs, “See Jane Succeed” (at www.seejanesucceed.com) and “See Jane Collaborate” (at www.seejanecollaborate.com).

Categories
Entrepreneurs

It’s Better to Be Different than It Is to Be Better

Article Contributed by Jeff Beals

From an outsider’s perspective, she was leading the ideal life.

She made the Dean’s List in law school and was in her tenth year practicing at a respected firm in the middle of Toronto’s bustling financial district. If that wasn’t enough, she had four beautiful daughters, a rich personality and an impossible-to-forget name: “Tsufit,” a Hebrew word for “humming bird.”

Indeed, she had it all, but something just wasn’t right.

Tsufit was restless. One day she thought to herself, “there’s got to me more to life than this,” so she made the monumental decision to leave law and follow her dream of being a singer, comedian and television actress.

It was certainly a radical change.

As it turned out, it was also a profitable change for Tsufit (yes, she goes by a one-word name just like Cher or Madonna). She did well as a performer, taking advantage of her natural penchant to entertain others. She was energetic, colorful and damned funny on stage, on camera and in one-on-one conversations.

But she was more than just an entertainer. She brought a business-like approach to her new profession, and more importantly, she was a savvy marketer. Tsufit had a knack for getting exposure in newspapers and in other media.

Eventually, entrepreneurs and other professionals started asking her how she earned so much publicity especially from major media outlets. In answering such questions, she found an even better career.

Today Tsufit is an internationally renowned marketing consultant who coaches clients how to be stars in their professions. She’s the award-winning author of Step Into the Spotlight: A Guide to Getting Noticed, as well as a popular radio talk-show guest, keynote speaker and seminar leader both in Canada and the United States. Her coaching fee is now substantially higher than the legal fees she earned years ago. Her clients, who come to her from around the world, are entrepreneurs, executives, authors, professional speakers, independent professionals, fellow coaches – anyone who is the “directing mind” of a business.

Tsufit coaches the type of people who want to be experts or stars in any business. Suffice it to say, she is an expert when it comes to building one’s personal brand and marketing it in today’s precarious economy.

Her clients learn how to brand themselves and become well known. That leads to so many professional benefits for them.

“You get to charge more,” Tsufit says, “I help them raise their rates. Part of that whole process is getting them well known among the people who pay their rates. My coaching rates are now five times what they were eight years ago. It wouldn’t have happened if I hadn’t become so well known.”

Tsufit argues that well known people are more credible. “It’s bizarre, really, but because they’ve heard of you in the marketplace, they trust you more. They’re much more willing to give you large amounts of money. They trust that well known people deliver on what they promise.”

While there are so many theories of personal branding and so many ways to brand oneself, Tsufit believes you must start with your own uniqueness.

“It’s better to be different than it is to be better,” she says, “If you focus on creating differences and distinctions between you and everyone else, you don’t have to focus on boasting or showing that you’re better.”

To build your brand, drop the excessive professionalism and simply be yourself, Tsufit advises. But as you do that, “be the best version of yourself.” People who come across as too perfect or too smooth turn others off. That’s why you should show your vulnerabilities, or as author Harry Beckwith once said, “show your warts.” Research shows that if you show some vulnerability, you’re actually more credible.

As you brand yourself, you want to do it the right way. Tsufit believes the biggest personal branding mistake is not standing for anything, not having a slice of the market that is yours and yours alone.

“If you say you’re for anybody, you’re really for nobody,” she says, “because there’s no way to find you among the sea of other people, who do what you do.”

On occasion, a professional may desire to change his or her personal brand. That’s okay if the change is made for the right reasons.

“I wouldn’t change every five minutes,” Tsufit warns. “Some people have a totally new thing every month or two or every year. After too many changes, people write you off as a flake. Your new brand should grow out of something you’ve done before.”

If you want to change how you appear in public, start by appearing in front of a different public. To borrow from the world of theatre, try it out off-Broadway first. When Tsufit was a singer, she would test new songs at a small coffee house before debuting in front of large audiences. Similarly, professionals, should test market their new brands, making sure the brand fits, is comfortable and not fake.

Many people will admit that personal branding is an effective way to bolster a career, but they’re simply not comfortable doing it. Specifically, many people worry about going too far. So, if you’re worried about crossing the line from “healthy personal branding” to “egotistical boasting,” you’re not alone.

“For me, it’s humor,” Tsufit claims. “I could never get away with half of what I say without humor. Otherwise, I’d come across as arrogant or conceited. The other thing is confidence. Know that you can demonstrate that you really do what you say you do.

About the Author:

Jeff Beals is an award-winning author, who helps professionals do more business and have a greater impact on the world through effective sales, marketing and personal branding techniques. As a professional speaker, he delivers energetic and humorous keynote speeches and workshops to audiences worldwide. You can learn more and follow his “Business Motivation Blog” at JeffBeals.com.