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	<title>Welcome to Professional Sales! &#187; Economic Downturn</title>
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		<title>Professional Selling is a Mindset &#8211; Not a Skill</title>
		<link>http://www.professionalsales.com.au/blog/64/professional-selling-is-a-mindset-not-a-skill/</link>
		<comments>http://www.professionalsales.com.au/blog/64/professional-selling-is-a-mindset-not-a-skill/#comments</comments>
		<pubDate>Thu, 16 Jul 2009 02:40:10 +0000</pubDate>
		<dc:creator>Scrampy</dc:creator>
				<category><![CDATA[Common Sales Errors]]></category>
		<category><![CDATA[Customer Relationships]]></category>
		<category><![CDATA[Economic Downturn]]></category>
		<category><![CDATA[Money Making Activities]]></category>
		<category><![CDATA[Professional Sales Tips]]></category>
		<category><![CDATA[Outgoing Personality]]></category>
		<category><![CDATA[Probing Questions]]></category>
		<category><![CDATA[Professional Sales Person]]></category>
		<category><![CDATA[Sales Techniques]]></category>
		<category><![CDATA[selling skills]]></category>

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</style>Professional sales is a great business to be in if you can be successful. Some people think that they are too shy, that sales people have to be gregarious to succeed. That just is not true. You do need to be assertive, courteous, honest but not pushy. The thing that helps successful professional sales people [...]]]></description>
			<content:encoded><![CDATA[<style type="text/css">
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</style><p>Professional sales is a great business to be in if you can be successful. Some people think that they are too shy, that sales people have to be gregarious to succeed. That just is not true. You do need to be assertive, courteous, honest but not pushy. The thing that helps successful professional sales people is that they really believe in their product and that it will aide the consumer in some way.</p>
<p>Professional sales people are knowledgeable about their product or products. Knowledge will increase your motivation and self-assurance. You need to be able to answer any question a consumer has. If you do not know an answer, tell the consumer you will find it out quickly and get right back to him or her.</p>
<p>You might want to advertise to a specific group or to a general audience. You need to develop your sales pitch. There will always be a” Doubting Thomas” or some one that likes being the “devil’s advocate”. They ask ridiculous questions and seem to want to have a debate with you. Be polite and courteous but if the conversation is condescending and is not going anywhere, excuse your self.</p>
<p>Professional sales people get to know the consumer, they are friendly. The more you know about the buyer the better chance you will have a successful sale. Ask the consumer what they are looking for in a product. This is called asking probing questions. If you are genuine and friendly the consumer will not feel like you are too personal.</p>
<p>Professioaal sale people know who their competition is. When your buyer brings up your competitor’s product you will be prepared to prove why you have a better deal. Figure out what is their motivation to buy is.</p>
<p>A professional sales person knows how to manage their time. For instance, do not waste too much of your time with someone who is not really interested. Identify obstacles that waste your time. Learn time management techniques such as list making. Structure your time. Spend a certain amount of time with each prospect, if they are buying, spend a little more time, if not, move on.</p>
<p>Professional sales people have a good marketing plan. They have strategized and know who their prospects are. Do some research to determine if there is a demand for your product on the market. If you are using Internet marketing use eye catching, proactive web site techniques.</p>
<p>A successful professional sales person has a good attitude, motivates people and gets things done. This person makes him or her self invaluable to their employer. Professional sales people have a strategy and they execute their plan.</p>
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		<title>Successful Business Tips For Economic Downturn &#8211; Recession Busting Business Advice!</title>
		<link>http://www.professionalsales.com.au/blog/59/successful-business-tips-for-economic-downturn-recession-busting-business-advice/</link>
		<comments>http://www.professionalsales.com.au/blog/59/successful-business-tips-for-economic-downturn-recession-busting-business-advice/#comments</comments>
		<pubDate>Thu, 25 Jun 2009 14:17:37 +0000</pubDate>
		<dc:creator>Scrampy</dc:creator>
				<category><![CDATA[Build A Team]]></category>
		<category><![CDATA[Business Coach]]></category>
		<category><![CDATA[Business Plan]]></category>
		<category><![CDATA[Client Satisfaction]]></category>
		<category><![CDATA[Customer Relationships]]></category>
		<category><![CDATA[Economic Downturn]]></category>
		<category><![CDATA[Get More Customers]]></category>
		<category><![CDATA[Increase Revenue]]></category>
		<category><![CDATA[Marketing And Promotion]]></category>
		<category><![CDATA[Money Making Activities]]></category>
		<category><![CDATA[Professional Sales Tips]]></category>
		<category><![CDATA[Recession Advice]]></category>
		<category><![CDATA[Business Advice]]></category>
		<category><![CDATA[Business Advice Recession]]></category>
		<category><![CDATA[Business Building]]></category>
		<category><![CDATA[Business Tips Economy]]></category>
		<category><![CDATA[Business Tips Recession]]></category>
		<category><![CDATA[Recession]]></category>
		<category><![CDATA[Small Business Economy]]></category>
		<category><![CDATA[Small Business Tips]]></category>
		<category><![CDATA[Successful Business Tips]]></category>

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		<description><![CDATA[<style type="text/css">
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</style>It&#8217;s not necessarily true that small business tends to slow down when there&#8217;s an economic downturn.  In fact, small businesses that are run well can actually do quite well during slowing of the economy.  Now we&#8217;d love to believe that we&#8217;re all running our businesses well, so let’s just check and see some of the [...]]]></description>
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</style><p>It&#8217;s not necessarily true that small business tends to slow down when there&#8217;s an economic downturn.  In fact, small businesses that are run well can actually do quite well during slowing of the economy.  Now we&#8217;d love to believe that we&#8217;re all running our businesses well, so let’s just check and see some of the best things to do during these times to maintain our stability.</p>
<p><strong>Follow a Business Plan</strong></p>
<p>The most important thing, above all, is to revise your business plan.  This is the essence of your business.  Have you gone a different way?  Do you need to change anything?  Is it a good idea to add new directions that you&#8217;ve not already considered?  Read over what you&#8217;ve got from the point of view of someone just starting out.  Make the changes you need to that seem to be a good idea.  You will probably even think of things that are integral to the growth of your company.</p>
<p><strong>Look For a Coach or </strong><strong>Mentor</strong></p>
<p>Networking is the key here, that&#8217;s it.  Get a mastermind group with a broad base of professional skills and they can help you make the important decisions.  These guys are great for advice, and new ideas.  People to consider are lawyers, public officials, accountants, business managers, and executives.  Create your own &#8220;inner circle&#8221; of skilled and influential advisors.  These are people who you can rely on for valuable information about the environment in areas you don&#8217;t have any direct experience.  The benefit is exponential and should be shared to mutual benefit.  Social networking clubs like linkden.com are great for establishing these connections and you can even stay in touch using Skype if you&#8217;re not physically able to meet regularly.  Make sure to keep privacy a key concern, and objective analysis the main focus.  You&#8217;ll get many great solutions and partnerships from these relationships.</p>
<p>If you don&#8217;t have a mastermind group, get one.  It&#8217;s one of the most valuable support systems you can establish for when things get hard.</p>
<p><strong>Make Client Satisfaction a MUST</strong></p>
<p>You need your customers, and they know it.  They keep you in business.  Treat them with the respect they deserve because you wouldn&#8217;t be there without them.  Listen to them more, and you&#8217;ll discover the most important things to them&#8230; then provide them.  Get creative in finding ways to satisfy your customer needs.  Do a survey and ask.  Remember, it&#8217;s easier to keep a customer once you&#8217;ve got one, than it is to go out and get more. (And cheaper!)</p>
<p><strong>Develop the customer relationships you already have</strong></p>
<p>Keep your current customer database up to date, and satisfied.  Contact the customers you haven&#8217;t seen for a while.  Seek new ways to do more to satisfy their needs.  Maybe offer a new range of products?  If you can get long term clients, you&#8217;ll have more security.  Happy customers will be more likely to commit to long term agreements, and often pay up front for better deals.  The security is worth it.  Look for long term deals with customers you already have.  Continuity is the key.</p>
<p><strong>Marketing and Promotion</strong></p>
<p>Cutting advertising expenses is the LAST thing any business should do in an econimic downturn.  Remember, marketing GETS you customers, it&#8217;s money well spent.  Get out there and market your arse off, get more customers and sell better than ever.  People are seeking better solutions, get the word out and they&#8217;ll come running.</p>
<p><strong>Look for new revenue sources</strong></p>
<p>Don&#8217;t put all your eggs in one basket.  Make sure you have many alternative sources of income.  The more places you can get clients from the better.  Don&#8217;t just rely on walk-ups and call-ins.  Get more stability by finding at least 3-5 more ways to attract business and keep it.  Maybe offering a similar product, or something that complements something you already provide.  Make sure you don&#8217;t spread yourself too thin.  But keep an ear to the ground for things your clients need and ask for.  If there&#8217;s a theme, there&#8217;s an opportunity asking to be tapped!</p>
<p><strong>Build a Team</strong></p>
<p>Get to know the people closely related to your business.  The places you buy your products, the people in other departments, or similar trades.  Get an alliance with them and it&#8217;s possible to cross sell or do joint ventures.  Some of the best partnerships come from the necessity brought about by tough economic times.</p>
<p><strong>Get More Customers!</strong></p>
<p>You&#8217;ve probably been selling to the same customers for a while, so what&#8217;s to stop you from looking for a bigger piece of the pie?  Does your product fit a bigger audience?  Is there another use for the skills you have?  Think laterally and look for another niche to offer your services.  Maybe something as simple as a translation of your sales material can open up to a whole new community.  Think out of the box.</p>
<p><strong>Know When To Say No</strong></p>
<p>Look for the wastage in your processes and policies.  Tighten the reigns and control spending.  Track down all owed money and get the collection process in place.  Make things more efficient.  Look for discounts on your products and services.  Bulk buys and group buys are a good way to save here too.</p>
<p>What needs to be done right away, and what can be done later?  Look after your relationships with finance companies and suppliers.  Seek deals and negotiate better rates wherever possible.</p>
<p>Make sure you know the value of your customer and consider lowering start up costs to build more customer relationships.  Remember, if you&#8217;re having a tough time, they probably are too!</p>
<p>If you do well by the few, they will attract others.</p>
<p><strong>Watch Your Customers Habits</strong></p>
<p>Watch for little signs that something has changed with your clients.  Are they spending more/less, buying up, or holding off?  If you know what&#8217;s going on for them, you&#8217;ll notice their behaviour if something changes.  Get in touch with them if you notice something, and offer to help.  Keeping your customer in business will keep you in business!</p>
<p><strong>Keep Your Employees Busy</strong></p>
<p>It&#8217;s tough for everyone.  Many business fire staff to lower expenses, adding more work to the remaining staff.  Keeping people active is a great way to make sure productivity remains high, business increases and there is no need to reduce employee numbers.  This can also lead to very creative money saving ideas coming from innovative and inspired staff!</p>
<p>Reward strong efforts with public praise.  Let everyone know the good things that are being done and by whom.</p>
<p>These are good steps to develop strength in your organisation regardless of whether or not there is a recession.  You will make more money, improve staff moral, and have a more efficient problem solving machine for your customers.  Get back to the basics and make sure your business is healthy long term.</p>
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