Wednesday, September 7, 2011
Blog is moving
Thursday, September 3, 2009
New Sales Manager's Experience
Read more of the recently published article by Brian Casto at www.salesgravy.com This "story" will help new managers understand and avoid the first mistakes you can make.
http://www.salesgravy.com/Articles/content/view/673/1/
Wednesday, April 29, 2009
- May 1, 2009 Noon, Eastern Time
- May 5, 2009 Noon, Eastern Time
- May 7, 2009 Noon, Eastern Time
- May 26, 2009 Noon Eastern Time
Monday, February 16, 2009
Selling in a Down Economy: Tip 5
Number 5 TIP on Selling in a Down EconomySpread the Customer's Pain / Needs
You have been working on a sales effort for months and have just learned the budget has been hacked. Before you trade in your sports car, stop and think of how to broaden the impact of your proposal. Involve more departments and the project budget can grow with each one added.
The department you have been working has lost half the budget needed. Other departments likely have slashed budgets too and are looking to find creative lower costs alternatives to address their needs. A creative sales person like you, can draw in 3-4 more departments, get the full budget covered, and take down a big deal while others are complaining about lost funding.
Friday, February 13, 2009
Selling in a Down Economy: Tip 6
Number 6 TIP on Selling in a Down EconomyFocus your Selling on Cost Savings then New Revenue Growth
Every company will be first focused on saving money - costs savings. Your clients are likely adjusting capital spending priorities focusing more than ever on saving money. For most the capital budget has been trimmed or eliminated all together. However, most senior executives will listen to a proposal that might save them money. Re-tool all your strategies and focus on cost savings 1st.
The old adage, "Nothing cures business blues more than revenue" is especially true in tough economic times. Your 2nd priority is to find creative ways for you to clearly show revenue growth from your proposals. This is not easy and most clients are very skeptical of revenue growth oriented proposals. Do your home work, study their financial situation, use rock solid references, and take a big swing.
Thursday, February 12, 2009
Selling in a Down Economy: Tip 7
Number 7 TIP on Selling in a Down EconomyCross Sell and Up Sell
In good times or bad, cross selling and up selling to existing customers is a great idea and yields strong business growth. When the economy is tough, there can be even greater benefits from cross selling and up selling to existing customers.
Your install base of products at the client is a beach head eager for expanding. Careful examination of customer budget information and strategic efforts will reveal projects already with committed budgets. Examining those projects closely may uncover some sizable opportunities for you to "add on" to those projects.
Original justification for your install base was based on a specific need or pain. Revisit that need or pain to see if it has expanded to other departments. Use the success of that project and your knowledge of the needs to move horizontally through your clients organization looking to solve similar problems and address similar pains.
Wednesday, February 11, 2009
Selling in a Down Economy: Tip 8
Number 8 TIP on Selling in a Down EconomyA Good Offense needs a Good Defense
Doing all you can to keep your customers happy and returning to you means building a good offense and a good defense.
Your offense includes all your proactive selling tasks, your CRM activity, etc. In a down economy these things must continue, with adjustments like we are listing on our top 10 list.
Your defense includes all the things you can do to keep your customer engaged with you and not with your competitors. It also means reaching out to a broader partner network and building relationships with them. Nothing impedes a competitor more than a "locked up" partner network. Use all these activities to defend your territory.

