Sales and Sales Management Blog

November 12, 2009

Big Changes Coming to Sales Training?

I usually don’t use this blog as a forum to comment on posts on other blogs, although I do reference other posts when appropriate.  However, I want to point out a discussion that Dave Stein is having on his blog about the issues and changes currently taking place within the sales training industry and its corporate customer base.

To date Dave has posted two pieces of the discussion (I don’t know whether he intends to continue the discussion although I hope he does as I think he can flesh out many of the issues and potential solutions more fully and maybe bring in some other perspectives–possibly from large and small training companies as well as buyers). 

The first installment of the discussion is an interview he did with Tom Martin talking in fairly general terms about some the changes that need to take place to make sales training more effective and user friendly for companies and for trainers. 

In the second post, Dave delineates 9 major obstacles sales training, and more specifically sales trainers and training consumers, must overcome in the coming months and years such as the reactive nature of sales training consumption, moving consumption from the purchase of “tips” training to effective process training, and the necessity of trainers to be more insistent on post event coaching as the necessary element for the training to have the desired impact on the sales team.

As a lone wolf sales trainer that generally works within a narrow area—prospecting and personal marketing, I’ve certainly noticed the need for change within the industry.  There is still a significant segment of the market—whether talking about individual sellers or corporate purchasers—who are looking for the magic tips and tidbits that will magically change their pipelines.  They don’t want training, they want a motivator to come in with lots of hype and few tips and then they expect change.  Foolish? Yes, but also very common.

Equally frustrating is the discussion with buyers about follow up coaching or a training the coach segment.  Seems that many trainers are not educating prospects on the critical nature of managed follow up with training event attendees to make sure the appropriate behaviors are being instilled.  For decades one of the primary complaints from training buyers has been that training is in general ineffective.  That I believe is because of a misunderstanding of what a training event really is.  A training event is nothing more than information exchange but the goal is ultimately behavior change.  The behavior change doesn’t happen during the training event, it happens afterwards when the seller is back in the field—but it won’t happen for the vast majority of sellers unless they have support and guidance that must either come from the initial trainer, the seller’s manager, or the company’s training department.  Even though we know the result of training without follow up coaching, few are insisting that coaching or training the coach be a part of the contract.

Head over to Dave’s blog and spend some time there—both posts and the comments are well worth the time spent.

November 3, 2009

Learn How to Make the Internet Work for You

rumbauskasMy friend Frank Rumbauskas has just released his latest book–The Never Cold Call Again Online Playbook–revealing in detail how he has learned to use the internet as a prime sales tool—and he shows you how you can do the same.

From building a website that converts visitors to sales to building your email list to creating brand recognition and using social media to create name recognition and drive sales, Frank shows you exactly he has done it and how you can use his hard earned knowledge to build your online presence and business.

If you purchase the book now, Frank has arranged for you to get over $3,000 in ‘ethical bribes,’ that is, products ranging from ebooks to podcasts to free registration for webinars from folks such as Gitomer, Joel Comm, Joe Vitale and many others.  Yes, yes, I know, many of these bribes are just junk, but some are really good and well worth paying for—and you get them free for spending less than $15 to get a book that itself is worth every penny you’re paying.

If you are really interested in learning how a really top notch internet marketer has grown his business a created his own little empire, I encourage you to get a copy of The Never Cold Call Again Online Playbook. 

Go HERE to learn more and purchase your copy

October 22, 2009

Book Review: RFPs Suck:How to Master the RFP System Once and for All to Win Big Business

RFPs suckIf you’ve had to respond to RFPs—even just one—you know that RFPs do, in fact, suck.  Lots of books have titles that don’t work well, are misleading, or weak, but RFPs Suck is a title that speaks to the soul of anyone who has fought—and probably lost far more often than won—the RFP system.

RFP’s Suck: How to Master the RFP System Once and for All to Win Big Business by Tom Searcy (Channel V Books:  2009) is designed specifically for small to mid-size companies seeking to compete with their large competitors in the game of responding to the Request for Proposal or Request for Quote that is so often the vendor selection method preferred by major companies and by government agencies.

Searcy is a veteran of the RFP wars having won over 1.5 billion dollars in business through the process.  He’s turned that experience into a lucrative consulting/training business.  Now, he’s taken the next step and turned it into a book.

RFPs Suck is a short, direct, to-the-point guide to giving you and your company the advantage you need in order to compete in a process that is, as Searcy says, “not built for you.”  The system is built for and caters to large vendors, not small to mid-size companies.  In fact, Searcy says, in many cases rather than giving you a chance to compete, the system is designed to keep you out.

Can you as a small to mid-size company compete in a system that is built not only to cater to your large competitors but to keep you in your place? 

According to RFPs Suck, you certainly can—IF you learn how to recognize and take advantage of real opportunities, avoid those where you have little or no chance of winning, and construct a proposal that gives you the winning advantage.

RFPs Suck is a short, direct, to-the-point book that wastes little space.  You won’t find lots of tangents, filler stories, or attempts by the author to become the next Hemmingway or Faulkner.  Instead, Searcy concentrates on laying out in concise chapters the guidance you need to become an RFP expert:

  • How to recognize a real RFP opportunity—and how to recognize and avoid dead ends that can cost an arm and a leg in both time and money
  • How to determine if your company is ready and capable of competing
  • How to ‘read’ an RFP to discover the real motive for issuing it 
  • How to stand out from the crowd and give yourself the necessary advantage to win the battle
  • How to write the RFP from cover letter to the addendums
  • How your proposal will be evaluated and how to get it into final consideration
  • Detailed examples of responses to RFPs with an analysis of the response

In only 143 pages Searcy takes you from beginning to end in evaluating and responding to an RFP or RFQ and shows you how to create a winning proposal and does it very well.

In a world where RFPs are becoming increasing important, knowing how to create a proposal that gives you the best possible shot at getting the business is crucial—and surprisingly simple (simple, not easy).  Whether RFPs are a regular part of your business or just an occasional pain, RFPs Suck is a guide book you really shouldn’t be without.

October 17, 2009

The Top 25 Ranked Blogs on Sales and Selling

Filed under: sales,Sales Resources,selling — Paul McCord @ 10:48 am

The top 50 sales blogs on the internet as ranked by BlogRank using 20 different criteria.  I’ve included the Twitter address for each that I could find

ChangingMinds    http://twitter.com/changingminds 

Cross-Cultural eMarketer And International Sales Specialist  Cindy King     http://twitter.com/CindyKing

Persuasive.net

Sales Machine  Geoffrey James   http://twitter.com/Sales_Machine

B2B Lead Generation Blog  Brian Carroll   http://twitter.com/brianjcarroll

Sales Team Tools? 

SalesBlogcast – Sales and Leadership Blog  Doyle Slayton    http://twitter.com/SalesBlogcast 

Shane Gibsons Sales Podcast and Sales Blog – Sales Training Canada – USA – Motivational Speaker   http://twitter.com/shanegibson

Sales Management 2.0

Simplenomics  Mike Sigers   http://twitter.com/MikeSigers

Sharon Drew Morgen     http://twitter.com/sharondrew

Sales and Sales Management Blog  Paul McCord   http://twitter.com/paul_mccord

Selling to Big Companies   Jill Konrath   http://twitter.com/jillkonrath

Modern B2B Marketing | Marketo Blog  Mac McIntosh  http://twitter.com/B2B_Sales_Leads

Sales Lead Insights: B2B Marketing Blog    

Think Customers: The 1to1 Blog

Neuromarketing  Roger Dooley   http://twitter.com/rogerdooley

sales training blog – startup sales mentor  Karl Goldfield   http://twitter.com/karlgoldfield

Creating Revenue and Retention  David Dalka 

The Science and Art of Selling by Alen Majer    http://twitter.com/alenmajer

Life in the Telebusiness Trenches  Josiane Feigon  

Online Lead Generation Blog 

Understanding the Sales Force  Dave Kurlan

Sales Training Blog  Josh Gordon   http://twitter.com/JoshGordon

Inside Sales Experts Blog  Trish Bertuzzi    http://twitter.com/bridgegroupinc

These are only the top 25 blogs of the top 50.  Rankings change daily and all 50 of the blogs are superior and deserve your consideration of either following on Twitter or putting them into your RSS reader.

See all 50 blogs

Attend Jonathan Farrington’s Masterclass “So You Want to be a Top 5% Player in the Game of Sales?” on Tuesday On Me

On Tuesday October 20th – 1:00 pm Eastern, Jonathan Farrington presents his first solo Top Sales Experts Masterclass of 2009, and you can be there, with my compliments.

So You Want To Be A Top 5% Player In The Game Of Sales?

Recent exhaustive surveys suggest that only 5% of professional salespeople reach and remain at the highest level, which we call Level 3. A further 15% attain Level 2 status, but the majority, i.e. a massive 80% remain at Level 1 in terms of potential achievement.

Level One salespeople sell products and depend on having the right technical solution for the customer’s specification. This is probably you

Level Two salespeople sell solutions, which changes their image from sales rep to business consultant and positions them as a potential strategic resource. Most salesmen and women manage to advance from Level 1 to Level 2 fairly easily but unfortunately; many find breaking through that final glass ceiling extremely difficult i.e. moving from competitive sales professionals to collaborative sales consultants. Or is this you?

Level Three salespeople are able to first identify and then capitalise upon the political component within the buying process. They develop and sustain strong commercial relationships at all levels within their accounts and these relationships endure because they are based on mutual respect and trust. Their clients feel secure, so secure, that they would be fearful of changing supplier.

Level Three salespeople rarely, if ever, lose an order that they really want because they are always in control of the sales cycle. They have identified that in marketplaces where product uniqueness and technical expertise are no longer enough, it is they themselves, that make the difference i.e. their superior skills.

This could be you!

What we can say for certain, is that successful selling has become an exclusive club of highly skilled professionals where, for example, product knowledge, time management skills, objection handling and closing skills are the cost of membership, not leadership.

Attendees will not only receive a FREE copy of Jonathan’s most recent EBook “The Changing Face of Professional Selling” (Value $19.95) but also the chance to take a FREE ASP Profile (Value $175)

Jonathan Farrington is Chairman of The Sales Corporation, CEO of Top Sales Associates and Senior Partner at The JF Consultancy based in London and Paris.

He is also the Chairman of the Executive Board over at Top Sales Experts, and heads up the selection panel for AllBusiness’s latest initiative to find the very best sales professionals on the planet.

You can find out more about him and what they are saying about him here

Then you can accept my invitation to claim your FREE place for this significant event and register here – http://bit.ly/4wW1fc

August 22, 2009

Client and Prospect Communication–Some Help in Staying in Touch While Maintaining the Right Image

a brief noteKeeping in touch with prospects and clients can be a daunting and time consuming task.  Phone calls, newsletters, direct mail pieces, and emails can cover most of our communications, but sometimes a well crafted  card is the appropriate stroke. 

But where can you find high quality cards designed for the business community?

No, don’t worry; this isn’t another solicitation suggesting you view a video about SendOutCards.  I’m not trying to get you to become a member of my downline.

SendOutCards has their advantages—they’re easy to create and easy to send.  Someone else does most of the legwork for you.  Just point, select a design, construct a message, pay for it, off it goes.  But SendOutCards has its downside also.  They’re relatively inexpensive but they look like they were machine created, which, of course, they were.  For many sellers the ease of use and low cost overcome the obvious machined look of the ‘personal’ message and signature.

However, for some sellers and professionals, a mass produced image just won’t work.  They need the highest quality paper stock, the finest printing, the most professional image possible.  The inscription and signature must be genuine.  The message implied on the front must communicate the proper image while capturing interest.

A small company I’ve discovered that specializes in business cards of the highest quality is Corporate Papers out of Williaa great caddiemstown, MA.  The company has somewhere in the neighborhood of 175 to 200 designs in various categories such as Business Essentials, Golf Links, Sympathy, Thoughtful Notes, and others; most blank inside although a few do have an inside message and you can order the cards with your own message.

If you’re looking for high quality greeting and thank you cards designed specifically for business that will communicate the high end image you are seeking, take a look at Corporate Papers.  They aren’t going to be all things to all people, but those seeking the right image and who understand the critical need to truly personalize, they just might be a great source.

June 14, 2009

It’s Here! The Summer 2009 Edition of Articles by the Top Sales Experts

Filed under: Sales Resources — Paul McCord @ 7:57 am
Tags: ,

Top Sales Experts E-Book Summer 2009AND IT’S FREE RIGHT HERE!!!

That’s right.  Because I’m one of the Top Sales Experts and you read my blog or subscribe to my newsletter, you can get your copy of the Summer 2009 e-book which lists for $19.95 for the incredible price of $0, nada, zippo, zilch, nothing.

And don’t even begin to think that free is the book’s value.  This edition is packed with great actionable tips, guidance, and advice from over 40 of the world’s top sales experts such as Dr. Tony Alessandra, Keith Rosen,  Colleen Francis,  Barry Siskind, Kevin Eikenberry, myself, and dozens more.

From prospecting to the sales process to negotiaiton to leadership, you’ll find timely, results oriented articles that seek to give you an edge in today’s tough economic climate.

You can’t afford not to get your hands on this gem and start putting into action the great advice you’ll discover HERE.

May 6, 2009

FREE is the New Business Black

A few days ago a friend of mine, Jonathan Farrington, posted a question on a LinkedIn group’s discussion page: “Evidently, we are living in a FREE world when it comes to online sales events. Have we seen the end of ‘paid for’ webinars? In what circumstances would it be appropriate to charge for attendance?”   Jonathan’s question reminded me of a blog post by another friend, Dave Stein, from several months ago wondering if anyone would pay to read a blog.

It should be obvious to anyone skimming the internet that ‘free’ is now the one essential element of business for training and consulting companies.  In the vernacular of fashion, free is the new business black—the most basic and essential garment of business.  And free doesn’t mean just articles or blogs.  Internet users are expecting a great deal more for free than a few dozen or even a few hundred articles.  They expect white papers, webinars, blogs, videos, podcasts, eBooks, and even one-on-one coaching consultations.

From my interactions with salespeople, small business owners and professionals, there seems to be a rapidly growing segment of internet users who no longer believe they need invest a dime in order to get all of the management, sales, marketing, communication, leadership, or other training they need because everything they could ever ask for—and more– is free for the taking on the internet.

Although neither Dave or Jonathan have come to a definitive answer that I’m aware of about charging for content, their questions, along with some of the comments and questions I’ve received from readers of my books, articles, and blog, as well as attendees of my teleseminars and webinars, have me wondering if the volume of free information is not only hurting the service firms that do training and consulting, but more importantly, is it hurting the salespeople, professionals, business owners, and executives that are relying on it?

Whilea great many of the readers of the articles, viewers of the videos, and attendees of the free webinars have been convinced that they are getting the training they need, I believe they’re getting duped.  Not intentionally—at least not by most trainers and consultants.  But they are duped none the less because they have been convinced—most often by our hype when we promote our blogs, websites, free webinars, videos, and our other materials–that they’re getting the real deal, the real training.

They’re not, of course.  (Yes, I know ther are exceptions, but they are few and far between)

We’re not non-profit organizations giving our skills, knowledge, insights, and wisdom away for free.  We’re trying to give them enough information to grab their interest, to demonstrate what could be, to convince them to pop for the real deal.  Most of the time, they get an appetizer, but not an entrée.  They get enough information to spur thinking but not enough to fully implement the skill or the strategy.

That, of course is intentional on our part.  We want to impart real information but we can’t give away the store.  Even if we were willing to give it all away for free, it would be difficult to do.  For instance, my book on referrals, Creating a Million Dollar a Year Sales Income: Sales Success through Client Referrals takes 4 hours and 13 minutes to read (audio book version length).  Obviously I can’t really do justice to the whole book in a free hour webinar.  But even those 4 hours doesn’t do justice to the subject of referrals.  I have a two day, 14 hour workshop that goes into much greater depth than the book could ever think of doing.  To convert that workshop into a book would require a 900 page book.  Who is going to read the equivalent of War and Peace on referrals? And we haven’t talked about coaching the behavior; we’re just talking about the information–learning the academics of referrals.

Nevertheless, I have attendees of my free webinar thinking that after 60 minutes they’ll know all they need to know about referrals.  And from a basic point of view they do—they just can’t generate referrals because although they have the basic information, they don’t have the necessary behavior.

We have the same problem with the articles and blogs and videos and podcasts that we do.  We give tidbits and pieces of training and advice, yet we hype it as though it’s going to change their career. We give the information for free but it isn’t usable because the behavior change and the specific application doesn’t come with it, not to mention the fact that the reader or listener many not have the background to understand how to tie the information into their larger business or sales picture. It isn’t personal, it doesn’t fit, it’s not a designer fashion but a Fredericks of Hollywood one size fits all and all of us who have bought a one size fits all garment know that most of the time it really doesn’t ‘fit’ anyone.

A growing number of our target audience isn’t investing in the behavior change, the personalization, the specific application because we’ve hyped our one size fits all material to the point we’ve convinced them they don’t really need it.

In addition, there are a number of users who question what, if anything, we have left of value to sell.  Chris Brogan relates this story: “I finished a conference call a few hours ago with someone who said something that took me aback. Essentially, she said that I share so much on my website that she wonders what else I have to offer. Meaning, if everyone has access to the information I’m providing, why bother going further with me?”

This morning I spoke with a small business owner who corresponds with me via email on occasion but has never engaged my services, who when asked about the topic of this post responded that “if you guys are dumb enough to give everything away for free, I’m not stupid enough not to take it.  I may have to read more or attend more webinars to put it all together, but I can spend a few hours and get for free what you guys want to charge me thousands of dollars for.  Good luck with that.”

Reducing the amount of free content isn’t going to happen.  In fact, the amount, type, and depth of free content will continue to expand.  I doubt that reigning in the hype about the value, content and applicability of the free content will happen either. 

But I can’t help but wonder if our good intentions and desire to compete via demonstrating our value, knowledge, and wisdom is doing more damage to both ourselves and our potential clients.

February 10, 2009

Run Don’t Walk

Today’s the day!  Can’t say much till Noon Pacific Standard Time–but it is worth the wait.

Noon today PST, the doors open – on an offer that has the potential to save you thousands of dollars, increase your sales exponentially, and perhaps best of all give you peace of mind in the midst of a downward spiraling economy, massive budget cuts and increased sales quotas!

Watch the countdown to noon here.

Best,

Paul McCord


At noon PST run, don’t walk to here

January 13, 2009

Book Review: Making the Number: How to Use Sales Benchmarking to Drive Performance

making-the-numberMaking the Number. How to Use Sales Benchmarking to Drive Performance. By Greg Alexander, Arron Batels &  Mike Drapeau; Portfolio, 2008

Greg Alexander, Aaron Batels, and Mike Drapeau have written a very serious book for very serious sales leaders.  The authors have tackled one of sales great issues-tracking ROI on sales investment, and packed a great deal of wisdom and challenge in a relatively modest 288 pages.

Although many still view sales as far more art than science, leaving little room for serious number crunching of performance and production factors, Making the Number sets out a detailed process for establishing and analyzing sales metrics-and more importantly, the real world impact and change such a process can bring to a company and a sales team.

One of the few but growing number of sources that seeks to address the process of benchmarking sales in depth, Making the Number should be required reading for any sales leader who is seriously interested in full accountability for and development of the sales department.

The authors try to bring their theory down to the real world by illustrating their concepts through case studies of Discover Financial Services and FranklinCovey, as well as several other companies.  This is a theory book-but also a very practical application book.

By far the most irritating aspect of the book for me (although one that has become the norm in the business sector of publishing) is the repeated reference to–and by inference promoting of–the author’s company, Sales Benchmark Index.

No matter what level of sales leader you are, I would encourage you to get a copy and work your way through it.  It isn’t a weekend read by any means.  As I said, it’s a serious book for serious sales leaders with serious results for those who implement what they learn.

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