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October 25, 2008 ( PowerHomeBiz
) - Sydney, Australia --
Have you ever worked really hard on a sale - put in a lot of time, money and
resources - and they decided to do nothing or they bought from your
competitor? When you looked back you could see that if you'd asked a few
more questions you could have found out at the beginning that there was a
very low probability that you were going to win this sale.
(news continued below)
There is a way of finding out at the beginning of a sales campaign what
the probability is of winning the sale. You find out by having a sales
qualification process in place and by zealously putting each and every
prospect and opportunity through this sales qualification process.
Here are seven reasons why you must be zealous about putting your
prospects through a qualification process before you sell to them:
1. Qualifying ensures that you only sell to people who are going to buy.
By qualifying you can determine if your prospect is going to buy and, more
importantly, if they are going to buy now. By qualifying, you avoid wasting
time, money and resources on selling to prospects that do nothing.
2. Qualifying tells you where to focus.
On which prospects do you spend
your valuable time? Qualifying gives you that answer. By qualifying, you
identify high probability opportunities and these are the ones you need to
focus on.
3. Qualifying enables you to win more sales.
As a result of qualifying,
you only sell to prospects that are going to buy and you only focus on high
probability opportunities. Just by having this focus on high probability
opportunities, you increase your probability of success, if that makes
sense.
4. Qualifying speeds up your sales and results in a shorter sales cycle.
As a result of qualifying, you will find out the reason why your prospect
should act now. You find out their 'compelling event.' When you find out
your prospect's compelling event, they will be motivated to take action now.
They will be motivated to buy your solution now rather than later and your
sales cycle will be reduced as a consequence.
5. Qualifying reduces your wasted costs.
If you routinely sell to people
who are not going to buy or have a low probability of buying from you, then
you are wasting a lot of time money and resources. By qualifying you stop
these wasted costs.
6. Qualifying enables you to choose whom you want to become your client.
Do you have a client that you wish was not your client? They require so much
time and energy that they really are not worth having. Also more importantly
they distract you from serving your ideal clients and from winning new
business. With qualifying you will identify these non-ideal clients straight
way.
7. Qualifying attracts prospects.
If you share your qualification process
with your prospects, they will see that you are a professional and selective
about whom you have as your client. When you become selective about who you
work with, people want to be 'selected.' It's human nature. Your prospects
will be trying to sell you on why you should sell to them! Even if you both
agree that you are not a good fit for them right now, this process will
leave them feeling impressed by you and they'll probably refer others to
you.
Right now make it an unbreakable rule that you will zealously qualify
prospects and you will only ever sell to qualified prospects that will be
ideal customers. So find, learn and implement a sales qualification process
straight away and watch the impact on your sales results.
(c) 2008 Tessa Stowe, Sales Conversation.
Tessa Stowe teaches small business owners and recovering
salespeople 10 simple steps to turn conversations into clients without being
sales-y or pushy. Sign-up for her FREE monthly newsletter that is full of
tips on how to sell your services by just being yourself at
http://www.salesconversation.com
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