prospect research

Don’t Make Any Of These 6 Selling Mistakes

selling mistakes

Selling is a normal part of business. Whether you are actually selling your goods or services, attempting to get financing or recruiting into your business, you use selling techniques and strategies. But saying or doing the wrong thing can mean a no sale and could also damage your reputation.

In today’s post, I am going to tell you 6 selling mistakes you don’t want to make. If you have any questions, feel free to ask them in the comment section at the end.

Selling Mistakes #1: Wasting Time With Non-Essentials

When the schedule says it is time to sell and you are looking at social media, checking email or taking out the trash, you are committing what could be, a fatal error.

Remember, sales are what the business needs to “feed itself” and you. If you are wasting time, both the business and you may starve.

Selling Mistakes #2: Not Practicing Active Listening

So many salespeople assume they just need to keep talking and talking until the potential customer agrees. But very seldom will they agree because they do not feel you are hearing what they have to say.

Active listening means intently absorbing what the person is saying. Lean in and acknowledge the words they say. In most cases, the person will provide you the path to get the sale. Listen for the problems they have and you can show how your product or service can solve their problem.

Remember, you were designed with 2 ears and 1 mouth for a reason. Listen more than you speak and you will have success.

Selling Mistakes #3: Not Telling Stories

Every person I have ever met loves to hear stories. So within your presentation, integrate a story or 2 and you will keep the person’s attention.

Maybe it is a story of how you drove 8 hours to meet with a prospective buyer just to discover the appointment was made with a 9 year old child who carried a mature voice. Or how a person was able to solve a major problem in their life from your product.

Just get creative and develop stories that you can tell potential customers. It works!

Selling Mistakes #4: Not Researching The Potential Customer

research

The more you know about a prospect before you call on them, the better.

I have noticed so many salespeople going in “blind.” They have no idea what type of business the person does, their age or culture. What are their spiritual and political beliefs?

But Eric, shouldn’t we leave spiritual and political out of the conversation?

The answer is yes and no.

The best selling method is finding common ground, and maybe you can find common ground in those areas. But it can “kill” a sale if you, early in the conversation, voice a disdain toward a political or religious system and suddenly discover they are “knee-deep” in that system. But if you know beforehand, you can stay clear of that area or use it to gain common ground.

But how do you research them?

  • Google
  • Facebook
  • Linkedin
  • Instagram
  • Etc…

You can find a lot of helpful information on prospects just by searching. I suggest you take some time and do so. This can get sales… Big sales.

Selling Mistakes #5: Emotion… Not Generating Emotion

While logic helps, emotion sells!

Within your presentation, you want to generate emotional images and responses in the potential buyer.

Let’s go back to #4; you see your prospect has donated a lot to organizations helping military veterans who were injured or suffer from PTSD.

So you now know where their emotional button is… Did you serve? Did a friend or family member serve? Do you know someone injured in war or suffering from PTSD? You can “slide” this into your presentation and illicit an emotional image in the prospect’s mind. And even better, if your company supports these causes too, you can share that.

Selling Mistakes #6: Not Stopping

Time and time again, I hear of how a person lost a sale because they just didn’t stop… I mean stop pitching!

Here is a scenario… You are pitching your newly developed mood paint for offices. It changes color as people enter your office showing their mood.

You are pitching Doctor Jones and after explaining the little tidbit I just told you above, the Doctor exclaims, “Wow, that is a great development. I could sure use that to know each patient’s mood before I treat them?”

But, you have a perfectly designed pitch that will entail another 20 minutes of the Doctor’s time.

Wait!

The Doctor just said he wanted it!

Stop The Pitch!

Close The Sale!

“Well Doctor Jones, let’s get you knowing your patient’s. I will provide you 2 gallons for your office, but we can make it even better… Painting the hallway and Triage area will give you and your nurse’s this “uncanny” ability to use the moods of patients to your advantage. I will give you 10% off with the purchase of 10 gallons. Okay?”

As you slide the contract and price to him to sign (with an open pen).

Never keep pitching if the prospect gives open arms to buy. The only objection that could possibly come now is the price and that can be overcome easily.

Conclusion

Don’t make these mistakes and you WILL close more sales.

And keep in mind that if you do hear a no, it isn’t personal. If you take rejection personal, you will not last long in the world of sales.

Many people have started home based businesses in Network Marketing. Sales and recruiting are the most important aspects of that business structure.

We developed an application to help you grow your home based business with little rejection.

Sign up for Rocket Recruiting by clicking here. You can grow your business huge.

I hope this helps you. If you have any questions, just post them below.

Thank you.

To The Top!

eric tippets

11 Prospecting Tips For Entrepreneurs

Prospecting is a key to grow a business of outstanding proportions. Whether you are prospecting for customers, business partners or independent sales representatives, there are right ways and wrong ways to prospect.

Over the years, I have had several mentors give me prospecting advice that has helped me achieve high success rates. I have decided to share some of the best tips with all of my readers to help you with prospecting.

I suggest you use these and you will notice a drastic improvement in your prospecting goals.

The 3 Prospect Levels

In my opinion, there are 3 levels of prospects:

  1. Cold – These are prospects within your target market that are not familiar with you or your business.
  2. Warm – These are prospects that you or someone else has slightly approached and have been qualified.
  3. Hot – These are the prospects that have shown interest and just need to be closed.

The tips I am providing most generally can be used with each level, but they may need to be adapted to fit the prospect level.

Prospecting tip #1: Have a plan

Without a plan for prospecting, it is similar to trying to take a boat upstream without a motor or paddles. I suggest you create a prospecting plan for each prospect level. Just an example plan may state:

  • Call or approach 15 cold prospects per day
  • Call or approach 8 warm prospects per day
  • Close 3 hot prospects per day

You will, of course, use some of the other tips I provide in creating your plan.

Prospecting tip #2: Make it a challenge to yourself

This tip goes hand-in-hand with tip #1. Make sure your goals are set high and make it a challenge. And reward yourself when you meet those goals.

Prospecting tip #3: Use a script

By having a script memorized, you can follow a system that will only have variable changes. This helps keep mistakes to a minimum. By using a script, you will follow a basic oral path that you have determined works. Make changes to the script when you see the need.

Does this mean you read the script word for word?

Never! No!

You should not be a robot, but following the basic premise of the script will keep you on track.

Prospecting tip #4: Don’t sell… Educate

Just to put this tip in perspective, let’s say you walk onto an automobile dealership and a man approaches you with a pitch on why you shouldn’t be walking and you need to buy a car. He grabs you buy the arm not even listening to the words you are saying to him and tells you that this car is just right for you.

Days later, it is a similar circumstance with a different person approaching you. He asks you if you are looking at cars. You explain that you are reviewing cars for your daughter who is in college and he proceeds to explain about the dangers of the car the other rep showed you days before. It seems young drivers have a tendency not to be able to react to the multiple controls. He educates you about what cars on the lot are shown to be safest for young drivers.

Which salesperson appealed to you? The teacher in the 2nd example is my favorite and I would bet your favorite too.

Prospecting tip #5: Know your product or service inside and out

You need to know everything you possibly can about the product or service you offer. When the prospect asks you a question, you should either know the answer or how to get the answer quickly.

Prospecting tip #6: Do not procrastinate

When you get a prospect lead, you need to approach them yesterday.

Okay, I know you don’t have a time machine, but I say it that way to help you understand that a prospect lead is like a nugget of gold. If you don’t grab that nugget immediately, your competitor will.

Prospecting tip #7: Snail mail

An under utilized prospecting tool is simple snail mail. While other entrepreneurs are approaching prospects via email or telephone, they neglect the old-fashioned method of just sending a handwritten note or postcard.

Don’t you read all your mail? So does nearly everyone else and most people truly appreciate handwritten messages.

Prospecting tip #8: Research your prospect

The more you know about your prospect’s needs before contacting them, the easier it will be on you. With internet technology, we can discover a lot about a prospect before we even introduce ourselves to them. If they have a website, check it out. Also, check:

  • Facebook
  • Linkedin
  • Twitter
  • and other social media outlets.

Prospecting tip #9: Embrace no

Not every prospect will say yes. If they did, I would live in a mansion in the Scottish Highlands and would take a vacation every Tuesday.

Rejection is an absolute in prospecting. Learn to embrace no and understand that a certain number of no’s will equal a yes.

Prospecting tip #10: Don’t quit because of an objection

Always remember that no means no, but you can still attempt to rebut the first no. But any other objection does not mean no; it means the prospect needs more information. Ask questions and rebut the objection.

Prospecting tip #11: You will make mistakes

There will be times when you make mistakes, especially as a new entrepreneur. Don’t let a mistake darg you down. Just learn from the mistake and keep moving forward.

Conclusion

As a final prospecting tip that I believe is probably one of the most important, I will say: Have Fun! When you enjoy what you do, how you do it and why you do it, prospects will notice that and their natural reaction will be that they want to have fun too.

While we are on this prospecting aspect, I must mention that working with some other prospecting experts, we developed a recruiting system that has proven itself time and time again. It has prospects begging you making your job extra fun. Check out our Rocket Recruiting App and see for yourself. Just click here.

How about sharing the prospecting love!!! Please share this on your social media.

Thanks for visiting!

To The Top!

Eric Tippetts

Get Started! We will send you a special gift to your email address after you see your score on the results page.