Archive for the ‘Prospecting’ Category

Closing the Deal on the Go: Making a Prospecting Notebook

September 11, 2009

Here’s a great tool to help you in prospecting.

Make a prospecting notebook.

Set goals. List them. Ask yourself questions about how much business you need to make or exceed quota.

Make a list of prospects. Note the following information for each prospect:

Source of your lead

  • Name, company, & contact information of the person you need to see
  • Best time to contact your prospect
  • What you have that your prospect needs, wants, uses, or could use
  • Potential value of the account
  • Competition
  • Record of contact and interactions with your prospect
  • Evaluation of your progress with your prospect

This post is based on material originally published in Closing the Deal.

For more information on Closing the Deal, check it out on Amazon.

(Burghgraef, Richard. Closing the Deal: Hot Sales Strategies that Make Money. Encouragement Press. Illinois: Chicago. 2007)

Closing the Deal on the Go: What Should I Know About My Prospects?

September 7, 2009

Here is a quick list of some things you should know about your prospect and their company:

1)      Name and proper pronunciation

2)      Name(s) of shared friends, associates, and acquaintances

3)      Name and background of the company’s CEO

4)      Financial standing

5)      Primary business

6)      Size

7)      Structure

8 )      Buying history

9)      Customers

10)   Operating philosophy

11)  Marketing direction

12)  Goals

This post is based on material originally published in Closing the Deal.

For more information on Closing the Deal, check it out on Amazon.

(Burghgraef, Richard. Closing the Deal: Hot Sales Strategies that Make Money. Encouragement Press. Illinois: Chicago. 2007)

Closing the Deal on the Go: Finding New Leads

September 4, 2009

Here’s a quick list of potential sources for finding new leads:

1)      Current Clients or Customers

2)      Non-Competing Sales People

3)      Newspaper Business Sections

4)      Industrial Directories

5)      Yellow Pages

6)      Employment Ads

7)      Company Generated Leads

8 )      Friends, Relatives, and Social Acquaintances

9)      Land Developments and other Physical Indicators

10)  City and County Public Records

11)  Receptionists and Other Employees

12)  Lead Clubs

13)  Retailers and Other Merchants

14)  Trade Shows and Expositions

15)  Online Databases

So, what do you think? Which of these works best for you? Did we leave any out

This post is based on material originally published in Closing the Deal.

For more information on Closing the Deal, check it out on Amazon.

(Burghgraef, Richard. Closing the Deal: Hot Sales Strategies that Make Money. Encouragement Press. Illinois: Chicago. 2007)

Closing the Deal on the Go: Am I a Good Prospector???

September 3, 2009

Prospecting, despite its importance, is often pigeonholed and neglected, as well as misunderstood. It is seen as a last resort, something done when you are in a slump or under pressure from your boss. You might keep an eye open for new leads that present themselves or you might set aside a specific time every week to search for new prospects, but this is not enough.

To prospect properly you must keep your eyes and ears open for those opportunities that do appear before you, but you must also search for new ones. You must qualify your potential prospects, differentiating the good from the bad, the ones that want what you are selling and the ones that are less interested or unwilling to pay for it.

Prospecting is a state of mind and a round-the-clock activity. It is something you are consciously aware of. It is something you actively pursue.

If you are unsure if you possess the prospecting state of mind, here are ten questions you may wish to ask yourself:

1) Do I learn from my mistakes?

2) Do I enjoy the challenge of selling to someone new?

3) Do I stay optimistic even when facing a challenge?

4) Do I have an interest in my prospect’s business?

5) Do I try to find new way s to find new prospects?

6) Do I know my goals?

7) Do I keep my files on my prospects up to date?

8 ) Do I know my strengths?

9) Do I prospect at all times?

10) Do I listen to my prospects?

If you answered no to one or more of the above, don’t worry. Even the best salespeople are all constantly honing their prospecting skills.

This post is based on material originally published in Closing the Deal.

For more information on Closing the Deal, check it out on Amazon.

(Burghgraef, Richard. Closing the Deal: Hot Sales Strategies that Make Money. Encouragement Press. Illinois: Chicago. 2007)