Friday, December 30, 2005
Bad Support From HP
Russ
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In December, 2004, I bought an HP laptop from FutureShop in Toronto, Ontario, Canada. 54 weeks later, only 2 weeks out of the manufacturer's warranty, I began to have a major problem with my laptop. I called HP's technical support line. Upon entering my model number, the automated system immediately told me that my laptop was out of warranty... READ MORE
Friday, December 23, 2005
Happy Holidays!!
Good Luck & Good Selling!
Russ Lombardo
Saturday, December 17, 2005
Sales People Should Avoid "Out and Back" Trips
Good Luck and Good Selling!
Russ
Monday, December 12, 2005
Expect Sales Territories To Be Profitable
Good Luck and Good Selling!
Russ
Wednesday, December 07, 2005
Interact With Customers
Good Luck and Good Selling!
Russ
Thursday, December 01, 2005
Treat Your Current Customers Like Gold
Acknowledge your customers by sending thank you notes and special occasion cards (birthday, anniversary, holiday, etc.). | |
Send informational flyers and include a discount coupon or gift certificate. | |
Celebrate your business anniversary with an open house for customers. | |
Mail a monthly or quarterly newsletter, chock full of practical information and useful tips. Include contact information, but avoid the heavy sell. Position yourself as the go-to solution source. | |
Invite them to a networking event or trade conference that you regularly attend. | |
Make each contact lead to the next. Before concluding a meeting or telephone conversation, schedule the date of your next contact. |
However you choose to communicate, be authentic, patient, responsive and consistent. When you treat your customers with respect and give them more than they expect, these relationships will continue to glow like gold.
Submitted by: Cynthia Weber, American Home MortgageTuesday, November 29, 2005
Abandon Bad Strategies
Many bad strategic decisions are made in the business world. Successful businesses know when to "cut their losses" and abandon those strategies. We find that some owners and managers stay with a bad strategic decision too long because they are, 1) stubborn, 2) arrogant or 3) don't know better. Being stubborn or letting an ego drive decisions are not acceptable reasons for staying too long with a strategic direction. Not knowing better speaks to the ability of the owner or manager to run a business or operating unit. When a strategic direction is obviously a bad choice, it is wise to move in a different direction and reallocate the resources previously applied to that strategy. Staying too long with a strategic direction will ultimately impact the bottom line and could make it difficult, if not impossible, to recover in some cases.
Wednesday, November 23, 2005
Happy Thanksgiving
For those of us in the sales profession, we are equally blessed to have customers who want our products and services. As such, we need to make sure we continue to give them the support and attention they need and deserve after the sale. In return, we will have earned their continued loyalty and future business.
As we enter into this holiday season, may you have healthy, happy and profitable times.
Much Success!
Russ Lombardo
russ@peaksalesconsulting.com
Friday, November 18, 2005
Listen To Your Customers
Good Luck and Good Selling!
Russ Lombardo
919-559-2395
Wednesday, November 09, 2005
10 Ways to Be a Better Negotiator
www.startupnation.com/pages/articles/AT_Become-A-Better-Negotiator.asp
Enjoy!
Russ
Friday, November 04, 2005
How to Write An Effective Cold Calling Script
Wednesday, November 02, 2005
Tap Into the Fortune Teller…In You
Russ Lombardo
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What if you could predict the future? If you could anticipate what people will do, would you leverage that knowledge for success? You can and here’s how!
As sales and marketing professionals we don’t need a fortune teller to tell us the future. With a little experience and common sense, we can anticipate it. How so … well think about it… READ MORE
Monday, October 31, 2005
Don't Get Greedy
Tuesday, October 25, 2005
Technology and Sales – A Love-Hate Relationship
Russ Lombardo
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By now most sales executives accept the need for technology, even though many still love to hate it. Then there are those sales people, probably the majority, for whom technology is a love-hate relationship which swings back and forth, albeit one-sided.
But strange as it seems, I love my technology! Oh sure, there are time s when I feel frustrated because I don’t get my way. Some times my expectations are too high. But in the final analysis, I’d truly be lost without it. It’s hard to imagine life as a salesperson without it!
You ask, “What’s so special about my technology?” To begin with …READ MORE
Friday, October 14, 2005
30 Ways to Show Your Customers Are Always Right
Marketing vs. Sales: What is the Difference?
Marketing is everything that you do to reach and persuade prospects. The sales process is everything that you do to close the sale and get a signed agreement or contract. Both are necessities to the success of a business. You cannot do without either process. Read Full Article
Monday, October 10, 2005
Top 10 Things You Must Know Before Implementing CRM
This short, 1-page tip sheet can save you a lot of time, effort, and nightmares. Click HERE to download (.PDF format).
Russ Lombardo
russ@PeakSalesConsulting.com
919-559-2395
Tuesday, October 04, 2005
New Microsoft Accounting Software for Startups
Office Small Business Accounting 2006 is fully integrated with the entire Office suite that you may already use. It brings the ease of use of household programs like Word and Excel to the prickly function of accounting; leapfrogs the competition with its contact-management capabilities; and adds integration with other Office functions at the deepest levels.
Office Small Business Accounting 2006 also provides you with a single picture of your company’s finances, your customer relationships and your employees’ growth-enhancing activities... Read Review.
Monday, October 03, 2005
The Eleven Commandments of Marketing!
Russ
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OK, these Eleven Commandments didn't come from the Mountain. And they're not carved on clay tablets, but on a high-tensile polyfiber instead. Yet any marketer worth his or her salt must follow these commandments in order to find the Promised Land...Read More.
Monday, September 26, 2005
Monty Python on Thinking Slowly
Mr. Cleese had some very insightful and profound thoughts on creativity and thinking that I wanted to share with you right away. His speech concentrated on our ability to be creative by thinking more slowly. Research has shown that creativity is not related to intelligence. But that is counter-cultural to what we call “thinking” because we must always “look” busy. Slowing down to think and ponder is not what we are used to nor something we are comfortable with. Our natural instinct is to quickly analyze a problem and solve it analytically and logically. This is typically a result of being under pressure or stress, but it doesn’t always yield the best solution.
By taking our time and pondering a problem and thinking it over, we will often yield a more creative solution. More complex problems will actually benefit the most from slow, creative thinking. Have you ever “slept” on a problem and the next morning found a really creative and good solution? Of course you have. This is what Mr. Cleese was talking about. Now, this doesn’t require thinking harder, just more slowly. You have to give yourself time to think slowly. Both types of thinking are needed, however, depending on the type of problem. In fact, usually when we come up with a solution slowly and intuitively, we then validate it with more logical and rapid thinking. But remember, unconscious gut feelings don’t always have to have a logical explanation. Sometimes we just “feel” that this is the right answer.
So, when a customer says, “I have to think it over,” this may have some validity. Just make sure you keep them on track and don’t let them think it over forever.
Look for more information about my visit to the ICCM show in my October issue of “got sales?”. If you don’t already subscribe to my “got sales?” newsletter, you can do so now for free by clicking HERE.
Thanks and take care.
Russ Lombardo
Friday, September 23, 2005
Efficiency and Profits
Tuesday, September 20, 2005
Must-Read Books For Sales Managers
Friday, September 16, 2005
Back to Sales Basics
If you need to get some sales training for yourself or your sales team, give us a call (919-559-2395) or send me an email (russ@peaksalesconsulting.com) to see how we can help. Or click HERE for more information.
Wednesday, September 14, 2005
When to Say "No" and Having Patience
In an initial conversation I had with a prospect, they felt my service fees were too high. Mind you, I explained the value I offered in detail, but they just felt that they did not want to spend that kind of money. In my usual style and practice, I did not offer a discount to try to get the deal since that would undermine the value I was offering and would set a dangerous precedence. Furthermore, since this particular deal involved CRM technology, they believed that they, along with their IT consultant, could implement and customize the software themselves, not to mention train themselves on how to use it.
Roll forward 4 months. I get a call from the CEO asking for my help. They failed dismally in their attempts to implement the CRM product they purchased (which was NOT from me, but through some hence forgotten mail-order discount place). They spent months trying to resolve problems caused by a poor installation and trying to figure out how to customize it (which, by the way, isn't all that difficult). More importantly, they could not relate their business processes and work flow to how the technology worked, which is a typical challenge when trying to achieve a successful CRM implementation (Want more info on this? Download FREE papers HERE). So, without even raising the question of my fees, we scheduled consulting time for me to solve their problems for the same amount I originally quoted. Oh yes, I got paid in full and in advance.
The results were so positive that, before I left at the end of the project, the client retained me for a 3-month coaching program that costs more than the original project I just did which they originally thought was too high. When they witnessed what I could do for them, how I helped their business, and the value I provided them, he closed himself. I simply had to explain the options I offered for followup support and coaching and it was done, and paid in advance.
This is an excellent example of how a customer can achieve enormous value if they spend their money wisely on the right solution (in this case, Me!). It is so true that you get what you pay for. It is also a good example of exercising patience. I did not fold when they originally thought my fees were high. I stayed firm and did not discount and was willing to walk away. I remained patient and eventually they called for my help, albeit in desperation but they called.
In sales, you need courage to stand firm and you must have patience. Do you? I'd like to see your comments to this post, or send me a private email to russ@peaksalesconsulting.com. Good luck and good selling!
Russ Lombardo
russ@peaksalesconsulting.com
919-559-2395
Saturday, September 10, 2005
New Postings Automatically Emailed to You
Russ Lombardo
russ@PeakSalesConsulting.com
Friday, September 09, 2005
Find Out What Employees Are Afraid Of
You've tried the motivational speakers who came to deliver another touching story--it had the lasting impact equivalent to the patience of a kindergartner. You've exhausted the skills trainers and delivered a plethora of tools to enhance employee productivity. Still, you sense there is more to the problem than meets the eye. You don't get the sense that your salespeople are selling at their maximum potential. You're not convinced that your service people are truly trying to meet--let alone exceed--customer expectations. A hunch tells you that your employees could do more, if only they had the desire. Although you have provided them with great incentive programs, you're convinced deep down that they are not fully committed. ...READ MORE
Thursday, September 08, 2005
Stay in Your Power Zone
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There’s no feeling quite like being in the zone. A basketball player can hardly miss the basket from a certain spot on the floor. In baseball, a batter digs in at the plate where the incoming pitch looks as big as a grapefruit. In business, you seem to close every deal that crosses your desk. You’re on fire! Then just like that, you cool off. What happened?
In basketball, the defense pressured the shooter to a less comfortable spot on the court. In baseball, the pitcher backed the batter off the plate with high, tight fastballs. In business, a few unproductive habits crept into your daily routine, knocking you off your game. Most likely, these bad habits were imperceptible at first. Perhaps, you stopped returning phone calls promptly or let a marketing opportunity slip away. Maybe you were less disciplined about limiting distractions during your peak work time.
It happens to everyone. In sports, its called a slump. Players fight their way through it by going back to the basics, taking extra practice and viewing videotape. In business, you need to conduct a self-audit. Ask yourself what works best when youre at the top of your game. Ask what processes and systems are still producing big returns? Be rigorous in your assessment. When you’re selective, you’re effective. Get back to what you do best, and you’ll be back in the zone!
Cynthia Weber
Senior Loan Officer
American Home Mortgage
(702) 217-1472
www.americanhm.com/Cynthia.weber
Wednesday, September 07, 2005
Blog Readership Skyrockets
The study is based on data from comScore’s opt-in research panel, which tracks the online activity of 1.5 million U.S. Internet users and reflects the behavior of consumers who visited the 400 top Weblog properties and Blog-hosting services during the first three months of 2005. Given their popularity, the study suggests that Blogs can now be thought of as part of the mainstream media.
“The fact that we found 30 percent of the online population to have visited Blogs clearly underscores the commercial importance of consumer-generated and driven media,” said Dan Hess, senior vice president of comScore Networks.
Try Not To Leave Money On The Table
Tuesday, August 30, 2005
Start With Customer and Work Backwards
Thursday, August 25, 2005
Enhance Your Listening Skills
Monday, August 22, 2005
Compete on Added Value
Wednesday, August 17, 2005
What Customers Really Want
A dramatic new survey of over 100,000 small business and retail customers nationwide says that superior customer service will trump a lower price.
Learn how to give customers what they want. Click HERE for the full article.
Tuesday, August 16, 2005
Selling Power Sales Leadership Conference
Join Selling Power magazine publisher Gerhard Gschwandtner, 150 sales leaders, and leading industry experts at the Sales Leadership Conference on October 26, 2005 in Washington DC. This one-day, action-packed event will give you a blueprint of practical sales management solutions you can transform into higher sales and profits.
Request your spot at this invite-only event now! Click here to get your invite.
Friday, August 12, 2005
Airlines Screwing Me Again
A couple weeks ago, I was scheduled to fly back home to Las Vegas from Reno (a 55-minute flight) after 4 days with a new client, the State of Nevada (Yes! The entire State is now my client). I arrived at the airport well in advance only to find that my 8:30pm flight was delayed about 90 minutes due to weather. About an hour into this delay, we learned that they canceled the flight completely, and there were no more flights out of Reno that night, according to them.
Click HERE to read the full article....
Thursday, August 11, 2005
Making the Most of Your Time
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Reclaim more of your most precious resource: Time. Outline your phone calls to minimize chit-chat; skip writing emails when a quick call will do; set personal time limits for conversations; and have an assistant sort your lower-priority communications. To stifle personal procrastination, tackle difficult tasks when you have the most energy and adopt a “just do it” philosophy. Focus on results rather than activities. Avoid wasting the first hour of each day browsing email or hobnobbing with coworkers.
Keep a daily “action diary” and manage your work. Take 20 to 30 minutes each Monday to plan the week, and finish each day by taking 10 minutes to map the next day’s to-dos. Implement the touch-once rule: If a new action item will take just a few minutes to accomplish, do it right away versus adding it to a mounting stack of tasks. Instead of multitasking, practice spotlighting by intensely focusing on singular tasks that move a project toward completion. To better manage the flow of documents, use TRAF (Toss it; Refer it (pass it along to someone else); Act on it personally; or File it).
Above all, always ask yourself “What’s the best use of my time right now?” As Ben Franklin said, “Lost time is never found again.”
Cynthia Weber
Senior Loan Officer
American Home Mortgage
(702) 217-1472
www.americanhm.com/Cynthia.weber
Wednesday, August 10, 2005
My New Book on Technology-Based Selling
The book will cover many areas of selling and will include the sales skills and sales processes I have developed and teach in my sales training and coaching sessions. However, for each area or skill, I will discuss and demonstrate how your contact manager (or CRM product) can aid you in performing the task associated with each skill set. For instance, as you move from Cold Calling to Closing, and then to the follow-on Customer Retention activities, you will learn the sales skills needed to successfully accomplish each step, as well as how CRM can be used to help you move through each phase of the sales process.
I will also be using a popular CRM product as an example with screen shots included to demonstrate each step and point.
Consider that this book will include sections on using your contact manager/CRM to do the following:
- Track prospects, clients, vendors, etc.
- Run marketing campaigns
- Improve communications with your clients
- Manage documents (letters, emails, templates, etc.)
- Schedule your activities (versus using a wall calendar or Daytimer)
- Follow up on activities (no more dropped balls or missed promises)
- Literature distribution (brochures, contracts, corporate presentation, etc.)
- Forecast and Pipeline management
- Report on your activities (pending and completed)
- Share customer information in a team selling environment
- Improve your image as a professional, organized sales pro who always follows up
- Improve your time management and organization skills
- Improve customer retention with automatic and continued follow-up
- and more
These are just my initial thoughts on what I plan to cover. At this point, I would welcome anyone's inputs on:
- Is this an important topic to you as a sales professional or manager?
- What else would you like to see included?
- What might you not want to see included?
- Comments on any of the above topics?
So let's hear your comments please! This is your chance to help create a valuable sales tool and get some useful information out of this project for yourself, as well. Thanks.
Russ Lombardo
Selling to the right person
I believe that it's more important to sell what you believe in to the right person.
You see, while it is important to believe in your product, you still have to make sure that the person you are selling it to actually cares. Therefore, you have to make sure they are qualified and will have an interest to begin with. Otherwise, it doesn't matter how much you believe in your product, they just won't buy from you.
So make sure you have a passion for what you are selling, but before you start telling other people about it, make sure they are qualified candidates. If you don't believe in your product, you will almost be guaranteed to lose the sale. But believing in your product won't guarantee you will win the sale either. You have to believe in your product AND sell it to the right person.
Now, how to qualify them is yet another discussion that I'll have to discuss in another posting.
Russ Lombardo
PEAK Sales Consulting
919-559-2395
russ@peaksalesconsulting.com