Monday, February 1, 2016

The Financial Impact of Customer Empathy by Peak Performance Training and Development

In the traditional sales world, price is both a back and front end obstacle. When you are selling in a stagnant or slow economy, the price obstacle often results in margin decay, impacting both the company and the sales person.
When a prospect tells you that they do not have time or money, what they are really communicating is that you have not conveyed enough value in their mind to give you their time or money! How well do you handle this objection? Do you handle it at all?
Customer Empathy………………………………..To read the balance of this Tip Please 

For more on how to help your sales team diplomatically handle and dissolve common objections visit:http://www.peakperformancesalestraining.com/CEOSolutions/ComplimentaryPr…

Serious Growth Symptoms that indicate Business Owners need a directional Change.

Often it begins with a Business Owner having a feeling that things are not good.

Because of the consistency in problems they become conditioned and often consciously unaware of what is happening. However the feeling remains.

It is analogous to a parent who becomes conditioned to a badly behaved child you simply refuses to clean his or her room. What is imperative is that Business Owners actually come to the realization that these problems are real, and do not go away on their own. Certain incremental actions can and will brings these problems under control. However failure to recognize and acknowledge these issues creates a downward spiral that can become unmanagable.

·         Constant Managerial Frustration based on relying on a Wing it Approach to Sales as opposed to a Consistent, Effective, Productive and Duplicatable Sales Process

 ·         Built up Resentment based on numerous attempts to motivate de-motivated sales people who lack initiative, direction and effective follow up

For the full tip text and balance of these serious problematic indicators please visit http://peakperformancesalestraining.com/content/serious-growth-symptoms-indicate-business-owners-need-directional-change

The Making of an Expert!

The Making of an Expert! : Are you searching for self proclaimed sales experts or are you working to make experts of your people?

In a recent Harvard Business Review article new research shows that outstanding performance is the product of years of deliberate practice and coaching, not of any innate talent or skill.You are expects with your products, services, delivery and support, right? However how effective is your sales team when it comes to their sales expertise? The only experts in sales are those who get paid!

Business Owners Request your CEO Sales Barrier & Growth Tool Kit here Visithttp://www.peakperformancesalestraining.com/CEOSolutions/CEOToolKit

In this article written Harvard Business Review it was discussed how thirty years ago to Hungarian educators, Laszlo and Klara Polgar, decided to challenge that popular assumption that woman do not succeed in areas requiring special thinking, such as chess. The Polgars home schooled three daughters and as part of their education they were taught to play chess at a very young age. With continued daily training and dedication their approach paid off. By 2000 all three daughters were ranked in the top ten female players in the world. There youngest was a grand master at age 15, breaking the previous record for the youngest held by Bobby Fisher!

In 1985, Benjamin Bloom a professor at the University if Chicago wrote a book on the subject that examined the factors that led to developing real talent. His findings show that there is no real correlation between becoming an expert and IQ. The only correlation found was that in the case of sports or physical activities where body height and size did matter to a certain degree. This however is simply not applicable in sales, which is solely an intellectual game. All of the superb performers, regardless of field practiced intensely and had studied with devoted teachers. Later research found that the amount and quality of practice were key factors in the level of expertise people achieved.

Now this may sound a bit self serving coming from a Sales and Sales Management Training Company. However the question is what course of action have you taken in order to increase and sustain sales? To determine growth gaps that impact revenue please visit http://www.peakperformancesalestraining.com/CEOSolutions/ComplimentaryCE... for your Complimentary CEO Diagnostic.

Have you resorted to searching for the so called sales expert? Remember one thing. In the interview all sales candidates believe they are the best! Never forget that inherent in sales people is something called an ego. Were you sold on their ability, only to be disappointed with their inability to actually sell! Or have you actually invested in your sales team as you do in other areas of your company. Have you actually provided them with the tools and discipline to become effective sales people?

If you find yourself at this point in this article then this subject is obviously of importance to you. Understand your options. Fix them, fire them or grin and bear with it. Firing them leaves you with one bad option of having to rely on the same hiring criteria that led you to hire your current group of under producers. Grinning and bearing with it is simply acceptance of mediocrity and quite simply put you do not have a sales problem. You may have a management problem. Do not allow your sales problem to become a management problem!

For example, look any professional athlete, regardless of their skill level or their internal belief that they can move mountains. Are they simply drafted, followed by being placed on the field? Or are they put through on-going, rigorous and disciplined practice sessions prior to and during the entire season? Could your one week of product knowledge training followed by occasional pep talks be part of the problem?

Your ability to grow your company is contingent upon your sales team ability to consistently sell and outsell competition. You must look at the “Gap”. The “Gap” is the difference between where you are and where you are capable of being. One way to gauge the Gap is to answer the following question.

On a scale of 1-10 (10 being the highest) where would you rank your current sales teams ability to actually develop new business?

Now a 10 would relate to a sales team/people who:


 Proactively and effectively prospect to identify and open new opportunities

 Consistently diplomatically challenge and dissolve objections

 Clearly differentiate your unique services opposed to commoditizing them

 Hold margins opposed to price slashing eroding your margins

 Get decisions from decision makers sooner rather than later

 Do not waste time chasing pipeline hopefuls and invest time developing new business

Now, what is your answer? The difference between where you are and where you are capable of being now can be translated into sales revenue. Are you 60%, 70% or 80% effective? How is this impacting your bottom line?

Our final question is, are you OK with the way things are?

At Peak Performance we essentially get two types of inquiries. We get the Business Owner or President who has problems, however they simply sit back, grin and bear with it. The second type has the same problems as the first however these problems are in the hands on someone who is proactive and decisive. These are leaders who are at least open-minded to exploring their options.

If you have come to the point where your options are limited contact us today. The cost of accepting your current situation is significantly more than the cost of investigating what might be the difference between where you are and where you deserve to be. Call Peak Performance Sales Training today at 866-816-0991 to discuss viable options.

CEO's & Business Owners How your Sales Course of Action becomes either your Companies Anchor or Catalyst for Growth.

 

All CEO’s face constant forks in the road as they navigate their business through changing economic and market conditions. The problem they face is not the fact that economic conditions or market conditions are constantly changing and have dramatically changed since the late 90s. The issue does not lie in the fact that buyers are buying in a completely different way from the way they bought in the late 90’s. The problem lies in the fact that the CEO fails to change.


As human beings we are habitual, meaning that we create habits that convert into a routine. The problem with a routine is that it will only produce a certain level of productivity.

Businesses have habits and often these habits are either developed or approved by those at the top. What is a business habit? A business habit is something your business relies on and repeats eventually becoming automatic.


Sales Organizations that find themselves stuck atop a plateau generally either rely on bad habits, or they rely on habits that in the past produced good results, however longer are effective. 

 

If you find yourself stuck atop the “sales plateau” call Peak Performance today at 866-816-0991 or request specific information online at http://www.peakperformancesalestraining.com/Contact/RequestInformation


Remember one thing. Extreme conditions create extreme behavior. This means that when sales become flat or economic conditions become extreme we become extreme in our behavior. When external factor change, so must we. 

 

Business Owners; Request our CEO Growth Barrier Tool Kit Visit http://www.peakperformancesalestraining.com/CEOSolutions/CEOToolKit


If you are not gaining the traction necessary to get to the next level or gaining the results you need it is now time to examine your business habits and re-engineer them, maybe even ask for help. This again is very difficult for the CEO, President or Business Owner as they more often than not are the ones providing help and support to others within their organization. However who do you rely on? Who do you count on for support and structure when things get tough? CEO’s take our Complimentary CEO Diagnostic to identify where you stand VS where you deserve to be. 

 

Visit http://www.peakperformancesalestraining.com/CEOSolutions/ComplimentaryCE...


Successful Businesses Have Successful Habits...To read the balance of this Tip Please visit http://www.peakperformancesalestraining.com/content/how-your-business-habits-become-either-your-companies-anchor-or-catalyst-growth