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Selling Lemonade for 10 Cents

By Carl E. Reid

     This article was originally published in The Productivity Institute (PI) Newsletter

In another life hot summer days provided an opportunity for a few enterprising young children to increase their allowance [aka, income]. As a child growing up in the New City Edenwald housing projects, I innately developed a knack for meeting people at their needs. When other kids sold their lemonade for 5 cents a glass, I sold more lemonade at 10 cents a glass. Mind you, Country Time Lemonade wasn’t around. My mother funded my lemonade operation, which consisted of 2 choices; some inexpensive lemonade like packet and fresh lemons. I chose fresh lemons. The pulp in the pitcher was the sales clincher. What is your sales clincher?

So a passerby walked by my lemonade stand. I capture their attention with “how about cooling off with a little ice cold lemonade”. They respond “how much is your lemonade”? My response was “have a taste first”. I pour a little sample. They taste it. I watch their facial response. I say “a full glass is 10 cents”. Sold and sometimes a request for second glass . . . next. It was usually a good $2 day when the competition made 60 cents.

When selling ideas or marketing your services, you must meet people at their needs. What you want is of little consequence to another person. People do not care what you want.

That’s why asking questions during an interview is crucial. You’re not just showing an interest in the job. You’re gathering intelligence to see what is of interest to the interviewer. What motivates them? What are their “hot buttons”? What is going to make them buy into your skills?

Do your homework before an interview. Review the company web site and Google the person you are going to meet. Know about the person to interject how your skill offering is within what makes the interviewer tick. If you find nothing about the person, make sure your questions are pointed in a manner that gives you the information you need to sell yourself.

What are the company mission and vision statements? What is the company culture like? The web site will usually provide this information. Use Google to get recent news items about the company.

Do your homework before you step on the invisible interview red carpet. The goal is to make a personal connection with the person interviewing you. It makes all the difference with the next step, salary offer and what you want as an end result.

Carl Reid landed his first managerial position at age 16. Mr. Reid has over 40 years of business experience, including 26 years as an information technology expert. He is CEO of NetTECH Systems Reid & Associates, Inc..  Carl has been a professional blogger and social media expert since 2004. In addition to being a sought after speaker, he publishes Library of Congress recognized newsletter blogs www.SavvyIntrapreneur.com and www.iTechSpeak.com . Carl is Chief Operations Officer for Empowering Today’s (ETP) Network. Email: Carl@etpnetwork.com - Tel: 201-222-5390.

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October 2nd, 2009 by Bruce

Best Practices for Sales Effectiveness

by Adrian Miller

   This article was originally published in The Productivity Institute (PI) Newsletter

In today’s challenging marketplace, successful selling requires much more than just presenting a product or service to a prospect. A salesperson is increasingly expected to be a complex hybrid of marketing specialist, consultant, customer service representative, and confidant to make a sale and maintain a customer.

It’s time for a reality check. Salespeople are simply a dime a dozen.  However, trusted resources and business partners are hard to find and definitely worth their weight in gold to businesses and decision-makers. The more value that you can provide; the less chance that you will be replaced.

Those who have hung on to pre-recession selling techniques are being left in the dust by multi-tasking sales professionals who are more than willing to roll up their sleeves and help their customers in any and every capacity.

Having to wear so many hats to improve sales effectiveness is daunting but also absolutely necessary. Is it realistic? You bet! With the following best practices, you can dramatically ramp up your sales capabilities and ensure that you are your customers’ solutions provider and not merely a vendor. If you’re ready to redefine yourself as an indispensable resource and partner, read on.

Ask Lots of Questions
Ask the right questions, and your prospect will tell you what they need, when and why they need it, and how much they’ll pay for it. Probing for information is a fundamental component to success as a salesperson. You know what they say about those who assume. So, don’t fall into the trap of thinking you know what someone wants or needs. You’ll never go wrong by being genuinely interested and inquisitive.

Do Your Homework
Learn everything that you can about new prospects. Use the Internet and carefully research their business, market, and competition. Utilize Hoover’s and other online resources to find out what you can.

Research doesn’t stop after you make a sale. It needs to be ongoing so that you can stay current with what’s happening with a client’s industry and competition. To maximize your ability to be a resource, use Google Alerts, read industry sites, blogs, journals, and even the local business section of the newspaper to be “in the know”. Bottom line - the more that you know about your prospects and clients, the more that you can target your message and provide customized service.

Be Creative
Creativity is often in short supply when the economy is in trouble. Too often, salespeople who are frightened about losing their jobs, pull back from pitching forward thinking ideas. But, when times are tough, there is even more demand for creativity. Prospects and clients want salespeople who can use creativity to develop innovative solutions to address specific needs or problems. Order-takers can be found anywhere, but salespeople with out-of-the-box unique ideas are definitely in demand.

Be Timely
Time is of the essence like never before. With a variety of communication modes literally at our fingertips, being slow to respond is a surefire way to fail. Having the right stuff but offering it too late is a double negative for salespeople. If you are spending the time doing the work, but don’t provide it in a timely manner, you will never get the credit, and you’ll receive all of the blame.

Watch Their Back
Word of mouth marketing is an extremely powerful tool in any salesperson’s arsenal. If you are a partner, advocate, or trusted vendor, it’s your obligation to create positive buzz about your clients and prospects. Be a cheerleader, and you’ll be rewarded with return business time and time again.

Go Deep
Don’t forget to dig for other business opportunities within the same organization. Cross-sell, up-sell, and probe for future requirements. You might just find additional sales potential in the account.

Go the Extra Mile
Your job doesn’t stop once you’ve made a sale. In fact, it’s only just begun. Make certain that your customer service channels are in gear and that you are as attentive to a client after the sale as you were during the selling process.

To be the most effective salesperson that you can be requires an ongoing dedication to exceed expectations. The economy is slowly turning around, and there are certain to be an increasing number of opportunities to make sales. However, the shake-out of sub-standard vendors will most likely continue as prospects and clients alike will continue to expect salespeople to do more than meet their needs.
Adrian Miller is a sales consultant, trainer, speaker and author. President of Adrian Miller Sales Training, http://www.adrianmiller.comshe has been providing companies with highly customized sales skills consulting and training for 22 years. She is  also the founder of Adrian’s Network, a virtual business networking community that is winning raving fans in every business sector by providing cost-effective and time efficient networking, and access to increased contacts and connections to business opportunities http://www.adriansnetwork.com .

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October 2nd, 2009 by Bruce
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