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Article Check - Pointless Targets
Growing Your Brand Assets ement and to control. Yet my firm conviction is that it is easy because it doesn’t work. It works in the short term – granted, and there’s even a place for it during field induction and as a mechanism for performers to appraise themselves, but as a coaching tool it is a non-starter.Okay. Raise your hand if you think brand management is just for BIG companies (like Target, McDonalds or Ford.) Wow! That's a lot of hands! Well, guess what? You're all wrong.Brand issues are important to ALL companies for the simple reason that people buy from other people. People have personalities. Branding establishes and communicates a company's personality (sometimes referred to as company image.)Think about YOUR company. What personality or image do you want to present to customers and prospects? Should it be warm, friendly, and down-to-earth? Polished, knowledgeable, and sophisticated?Does your company’s current logo and literature design reflect the image you want to present? Is your company's personality presented consistently in all forms of communication?Are you overwhelmed now? Let me simplify. There are four key steps in brand management:1) Positioning - identify your company's unique benefits and image.2) Planning - develop a road map for your brand identity programs.3) Protection - guard the integrity of your brand.4) Promotion - build awareness of and preference for your brand.Brand management i I believe that you teach salespeople America's Busiest Copywriter Reveals the Biggest Advertising Mistake Ever I recall a heated discussion with a sales director some time ago where I proposed that the long-term effect of setting activity targets for salespeople would eventually lead to failure. He vehemently made the point that he had systematically imposed activity targets on his sales force and that the result had been to treble average income per salesperson within 18 months.When it comes to advertising, I spend a lot of time telling people what works. Today, we’ll focus on something that doesn’t work. And believe me, this is a biggie.Want to know the biggest mistake 99% of ALL businesses make when it comes to advertising? It’s in their headline. Most advertisers fail to make a meaningful and/or fascinating statement of benefit in their headline.Here’s a good example:A chiropractor runs an ad with the headline “Affordable Chiropractic Center,” which also happens to be the name of their company. Sounds like a decent headline, doesn’t it? It states their niche – low prices. It also tells us the service they offer – chiropractic care. Underneath that they list the different types of therapy they specialize in. To the left, or to the right, there’s a picture of Dr. Smith the chiropractor. At the bottom are the address and phone number, and maybe even a coupon for a free consultation.It’s pretty much a standard ad. You’ve seen it a million times for a variety of businesses. And to 99% of ALL businesses this is a decent ad.What do you think? Will it work? < What he didn’t say, something which I found out when I investigated further was that he had at the same time: • reduced his sales force from 450 to 300 – letting the bottom 150 hundred producers go, and • the average income per salesperson at the time he took over was one quarter of the industry average There are two types of targets most often associated with selling and sales coaching: • Financial targets – results, and • Activity targets Given the choice between buying activity management systems and implementing a performance coaching system to bring out the best in salespeople, my unfortunate experience is that many senior management teams will inevitably choose activity management. The reason? It’s easy. OK, so you have to push people around a little; you might have to dismiss a few non-achievers; there will tears before bedtime; but it’s a relatively easy thing to implement and to control. Yet my firm conviction is that it is easy because it doesn’t work. It works in the short term – granted, and there’s even a place for it during field induction and as a mechanism for performers to appraise themselves, but as a coaching tool it is a non-starter. I believe that you teach salespeople 10 Powerful Ways To Evaluate Opportunities And Avoid Buyer's Remorse verage income per salesperson within 18 months.Marketing plays on human frailty.We live in a frenetic world and we are being brutally manipulated.Every day literally and digitally thousands of messages, some overt and some subliminal, are being shot into our brains.Our minds are being cleansed of rational thought and action and pushed to impulsiveness by clever, designing marketers and their cloned true believers.If you are in the marketing business, you know that the online gurus are becoming slicker and their billfolds thicker.Eat some humble pie: These guys and gals who are the next generation millionaire marketers are developing cookie-cutter methods which are well-grounded in how our mind works and how to make us lower our psychic guards through trigger words and images.Are you up to dealing with these manipulators?Are you ready to know what you need for success without being sold the Brooklyn Bridge in every email promotion you receive?Well, I have got great news for you. My checklist of 10 guidelines for whether or not you should reach for your wallet and sell your soul to the next slickest pitch artist is guaranteed to lessen information overload. Keep thes What he didn’t say, something which I found out when I investigated further was that he had at the same time: • reduced his sales force from 450 to 300 – letting the bottom 150 hundred producers go, and • the average income per salesperson at the time he took over was one quarter of the industry average There are two types of targets most often associated with selling and sales coaching: • Financial targets – results, and • Activity targets Given the choice between buying activity management systems and implementing a performance coaching system to bring out the best in salespeople, my unfortunate experience is that many senior management teams will inevitably choose activity management. The reason? It’s easy. OK, so you have to push people around a little; you might have to dismiss a few non-achievers; there will tears before bedtime; but it’s a relatively easy thing to implement and to control. Yet my firm conviction is that it is easy because it doesn’t work. It works in the short term – granted, and there’s even a place for it during field induction and as a mechanism for performers to appraise themselves, but as a coaching tool it is a non-starter. I believe that you teach salespeople Truths for Introverts Who Sell: What We Don't Need To Learn The Extroverted Hard Way – Part Five over was one quarter of the industry averageA recent study by Ramsey and Sohi in the Journal of Academy of Marketing Science clearly establishes that a customer’s perception of how well someone who sells listens, has a positive association with trust. Listening includes such behaviors as giving your full attention to the customer, responding to acknowledge understanding and asking clarifying questions.People say I’m a good listener.In my corporate training programs for sales people, customer service representatives and organizational managers, I offer a six hearing aid approach to listening:First, give your full attention to the person you are talking with.Second, sort through any filters or barriers to your listening fully.Third, anticipate keywords.Fourth, ask clarifying questions before you do your talking.Fifth, listen for feelings first and specifics second.Sixth, take notes of keywords, important ideas and the whole picture as you listen.And who holds the advantage to be able to do this best – the introvert or the extrovert? Yes; it’s a rhetorical question.I can’t remember who I am borrowing this exercise from; it’s a variation from a There are two types of targets most often associated with selling and sales coaching: • Financial targets – results, and • Activity targets Given the choice between buying activity management systems and implementing a performance coaching system to bring out the best in salespeople, my unfortunate experience is that many senior management teams will inevitably choose activity management. The reason? It’s easy. OK, so you have to push people around a little; you might have to dismiss a few non-achievers; there will tears before bedtime; but it’s a relatively easy thing to implement and to control. Yet my firm conviction is that it is easy because it doesn’t work. It works in the short term – granted, and there’s even a place for it during field induction and as a mechanism for performers to appraise themselves, but as a coaching tool it is a non-starter. I believe that you teach salespeople What is Data Visualization? ut the best in salespeople, my unfortunate experience is that many senior management teams will inevitably choose activity management. The reason? It’s easy. OK, so you have to push people around a little; you might have to dismiss a few non-achievers; there will tears before bedtime; but it’s a relatively easy thing to implement and to control. Yet my firm conviction is that it is easy because it doesn’t work. It works in the short term – granted, and there’s even a place for it during field induction and as a mechanism for performers to appraise themselves, but as a coaching tool it is a non-starter.Data Visualization is InteractiveHave you ever booked your flight plans online and noticed that you can now not only view seat availability but also choose your own seat? Maybe you have notice that when you want to look up information online on another country, you may find a website where all you have to do to get political, economical, geographical, and other information is drag your mouse over the area of the country in which you are interested.Maybe you have put together a business presentation consisting of multiple levels of complex marketing and budget information in a simple display which allows you to review all aspects of your report by simply clicking on one area of a map, chart, or graph. You may have even made predictions by altering some information and watching the graph change before your idea.Warehouses are tracking inventory. Businesses are tracking sales. People are creating visual displays of information that meets their needs. The traveler, the student, the average worker, the marketing executive, the warehouse manager, the CEO are now able to interact with the information they are looking for with data visualization tools.Da I believe that you teach salespeople Methods of Attracting Clients and Promotion and the Way to Find a Good Loan Agency ement and to control. Yet my firm conviction is that it is easy because it doesn’t work. It works in the short term – granted, and there’s even a place for it during field induction and as a mechanism for performers to appraise themselves, but as a coaching tool it is a non-starter.The loan signing agents have plenty of methods of attracting clients and promotion. People usually consider that large organizations are more reliable than just a single person and that is why independent contractors have fewer clients, most of which are permanent. Moreover, loan companies provide insurance from errors and omissions, what is not affordable to single agents. Of course, satisfied customers usually return and recommend the agent, who served them, to their friends. This illustrates the importance of the prestige of the agents. Of course new signing agents have not got their clients base and potential clients do not know them. A signing agent can let know others about his or her services by the following methods: 1) make an own web-site; 2) enter different communities of accomplices; 3) apply for a work in the loan signing company; 4) arrange the advertisement campaign and self-promotion.The first method is running an own web-site, which contains all the necessary information about its owner (in our case – signing agent), the services offered, prices of the services and contact information. The first point is the information about the signing agent. There I believe that you teach salespeople about activity, not tell them about it. If you teach people, by example, that activity is important –that’s quite different from demanding levels of activity. The danger with the latter is that you will have your salespeople deliver the activity without a corresponding increase in business. I have numerous examples of salespeople forging activity levels simply to keep the manager happy. In the meantime the cuckolded manager sinks into a quicksand of statistics trying to work out where it going wrong. I recently visited an area sales manager who was having problems with a non-performing salesman: When I entered his (the manager’s) office there was a mountain of paper on his desk. He proceeded to tell me about Jack Newton who was under performing and had been doing so for some while. He told me that he had insisted that Jack increase his customer interviews from 8 per week to twenty per week. The manager showed me the charts he had put together showing the pattern of calls and results. When he opened it up it filled the surface of the desk in front of me. It was very impressive. It must have taken him quite some time to put together. Jack was now calling on an average of 21 customers per week. His results had not increased. I arranged to meet Jack, with his manager present
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