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JANUARY 2002 ISSUE
6 Habits of Highly Successful Cold Callers 

By Ann Barr


How many people do you know, who are successful at cold calling? It’s a difficult thing: calling people who don’t know you and whom you’ve never spoken with before. It takes a special skill to do this – and to convince this person to buy from you. So, last week, when I heard from someone who bought because of a sales person’s cold call, I decided to find out why she bought from this particular sales rep.

An American Management Association study shows that only 65% of customers buy every year where they bought before. So you have to sell enough NEW business to replace lost business just to stay even.


How do you get new business? Some companies use direct-mail marketing successfully. Others use a combination of fax blasts and direct mail marketing. But when effective telephone marketing is added, your sales can skyrocket.


Special skills are needed for really successful telephone marketing and not everyone is good at it. Last week I heard from someone (Ann Gaines) - a customer – who bought toner cartridges from a specific business only after getting cold calls from the sales person (Patricia Fisher).

From The Customer’s Perspective
I asked Ann why she bought from this sales person (what set Patricia apart from other sales reps Ann heard from) and this is what she told me: "Actually, it was her persistence. I kept putting her off. And she picked only one item – printer cartridges. She simply asked me to get a price quote from her before I ordered from the discount store. And after I placed my first order, she sent me a fancy little thank you note in the mail!"


Secrets of Productive Cold Calls
I asked Patricia Fisher for her success secrets and this is what she wrote: "I think it is very important to believe in the product you are selling as well as the company you work for. When I am cold calling a customer I mention that I have been handling office equipment supplies for many years and I am very fortunate to be working at Bond Business Products. Be persistent! I tell customers that I don't expect to get all their business after one or two calls. Try us out! We will show you the type of service we provide - Let us be an alternative to your current vendor - a "Back Up."

"When I cold call and speak with the receptionist, and can't get through to the decision maker - I ask for the name of the person who is responsible for ordering office equipment supplies - I'm not trying to sell anything - I just want to send information. I then send an introductory letter to the decision-maker and information about our company.

"After I have a good cold call - I send a thank you note along with my business card. A lot of my customers mention that they like the ‘note’ they have received from us."

6 Habits of Highly Successful Cold Callers

Six habits that set Patricia apart as a sales professional:

1. She is persistent. Even though the customer "put her off," she did not give up after only one or two calls.

* * (Research from Sales & Marketing Executives International found that 81% of all sales made are made in the fifth call or later in the sales process.)

2. She picked one item to focus on. She didn’t confuse the prospect by talking about a variety of products.

3. She believes in the products she sells and the company she works for. She communicates that belief to her prospects.

4. Patricia offers to be a "back-up supplier" in case the customer’s regular vendor doesn’t have what the customer needs. This is a non-threatening soft-sell approach that I have seen pay off over and over and over again.

5. She makes the first call just to get the name of the decision-maker, then she sends an introductory letter with information about Bond Business Products.

6. After a successful cold call, she sends thank-you notes with her business card. This is the mark of a professional. It sets Patricia apart from her competitors. A personal thank you note is remembered and appreciated by prospects and customers.



Ann Barr is a consultant and sales trainer with 19 years’ experience in Sales and marketing. ENX readers can get a complimentary e-mailed copy of her report: "64 Ways to Increase Your Sales" by subscribing to Ann’s free e-mailed newsletter "Weekly Sales Tips."E-mail your request to: annbarr@sellingsupplies.com with "Sales Tips" in the subject line, or visit Ann’s web site: www.sellingsupplies.com


 


FEBRUARY 2002 ISSUE
How to Increase a Sale by 100%

By Ann Barr

Each sales professional has her/his own method for handling objections. Recently I heard an unexpected response to an objection, which resulted in a sale. This sales person’s response to the objection may surprise you.

 

Objections Might Not be Obstacles

One day in November I made the rounds of several neighborhood shops to pick up a few necessities before leaving for a trip out of town. One store I visited was Radio Shack – to buy audiotapes for an upcoming seminar. As I stood at the cash register and handed my money to the sales person, she asked me: "Do you need a cell phone today?" I answered: "No. I have a cell phone."

That was a pretty definite objection, right? That statement would have stopped most people.

It did not stop this sales professional. She immediately said (in a cheerful voice): "We offer both Verizon and Sprint service." Then she showed me her "favorite cell phone."

She (her name was Janice) had no way of knowing that for nearly a year I had been unhappy with my current cell phone service and that I had been thinking of switching
to Sprint, but had put it off until I had time to make the change.

Janice broke most traditional selling rules. She did not acknowledge my objection. She did not use a cushion statement, like "I understand," before responding to my objection. What she DID do, was turn a $16 sale into a $160 sale – by telling me what Radio Shack could provide in the way of cell phone service.

Before I walked into that store, I had no thought of switching to a new cell phone service on that day, or purchasing a new cell phone. But on the theory that every consumer is a prospect, this sales person persevered and ending up selling me something I really did want, but had not made the effort or taken the time to buy.

How Do You Know?
When you hear the response "I’m happy with my current supplier," this may be a smoke screen – a way to end the telephone call. How can you know if your prospects might be willing to switch – and consider buying from you? How do you know if your prospects may not be completely happy with their current supplier? You cannot possibly know until you:

 Ask,  Suggest, or  Let them know what else you have to offer.

Example:

You may hear this objection: "Your price for Hewlett-Packard printer cartridges is too high." You could reply:

  • "We also stock very high-quality compatible cartridges, which can save you money. Would you like to evaluate one of our premium replacement cartridges?" Or,
  • "We also stock most branded fax supplies. Do you need a fax cartridge today?" Or,
  • "We have an excellent service program for Hewlett-Packard printers. Our service technicians are Certified Hewlett-Packard technicians. How do you care for your printers?"


Try it
Find out how this method of handling objections can work for you. Every day this week, when someone voices an objection, give her/him a fact and benefit relating to your products/services or suggest another product or service. If it doesn’t result in an immediate sale for you, it will at least give your customers more information about other products and services you can provide.