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Morning Column
Six Business Trends Every Salesperson Must Know
By Daniel Burrus
Every industry and profession goes through changes, and the sales
profession is no different. Just because a certain sales technique or
mindset worked in the past doesn't mean it'll work today. To be a top
performing salesperson, today and in the future, you need to continually
adapt to both market and social conditions.
With that in mind, there are six new business trends taking place-all of
which affect salespeople in every industry. Understand what the trends are
and how to maximize them so you can reap the rewards of a successful sales
career.
Trend #1:
Your past success will increasingly hold you back. (Past success is the enemy.)
People who are in sales long-term tend to be successful. Realize, though,
that success is your worst enemy. When you're at the top and doing well,
you're really just trying to keep up and meet demand. Having so many sales
knocking at your door lulls you into a false sense of security. As such,
you're not looking at enough future opportunities because you're too busy
reaping the rewards of the current opportunities. You're not sowing the
seeds of future success, and that's setting you up for a fall. An old saying
goes, "If it isn't broke don't fix it." In today's world we need to rework
that statement to be: "If it works it's obsolete." For example, if you just
bought the latest laptop, is the next newer and better version already in
existence and about to be released to the public? You bet! Remember that
rapid obsolescence isn't just about products. It's about how we do our
business too.
Trend #2:
Technology-driven change will dramatically accelerate. (Rapid change is your best friend.)
It's human nature to protect and defend the status quo. However, you have
to understand that technology is changing the future, your customers'
behavior, and your company's reality. That means if you don't change, you'll
be soon out of a job. As a salesperson, you need to embrace change and make
it your best friend rather than fight it and hold tight to the way things
were. So how do you make rapid change your best friend? You spend some time
thinking about where the changes that are impacting you and your customers
are going. Remember that change causes uncertainty in customers' minds. You
can bring certainty to your customers when you are confident in where change
is going. You can lead your customers through the change, causing them to
view you as more than just a salesperson, but as a solutions provider and
trusted advisor.
Trend #3:
Time is increasing in value. (Time is the currency of the 21st Century.)
Increasingly time is becoming more and more important to people. Why? We
have an aging demographic in the United States, with 78 million Baby
Boomers. And time gets more valuable as you get older because you have less
of it. Additionally, the world has become more complex with much more for
people to do with their time. Today we have iPods, cell phones, the Internet
and a host of other technologies that didn't exist when the Baby Boomers
were babies. There's so much more going on and we're connected in so many
more ways that everyone is increasingly strapped for time. With that in
mind, the last thing you want to do in sales is seem like you're taking
someone's time. Instead, you want to be giving them time. You want your
customers to feel that talking to you is actually saving them time. Think
about all the time wasters your customers might experience: long wait times
for service, long hold times on the phone, long delivery times for
products…the list is virtually endless. Such time wasters hurt your sales
and profits. Therefore, make sure you have the processes in place that will
keep customers from wasting time. When you can prove that you're a time
saver, people will choose you over the competition every time.
Trend #4:
We are shifting from the Information Age to the Communication Age. (Communicating is more valuable than informing.)
Many salespeople rely on such marketing tools as a company web site,
flyers, and sales letters. But all these things are static, meaning they are
merely informing people. You hope your sales messages will entice the
prospect to call, but it's still a one-way interface. A better way is to
have your sales messages create action. One way to do that is to engage
prospects with your sales and marketing efforts. For example, you could have
a contest that encourages people to go to your site and enter. So instead of
just saying that you want people to buy your snack product, for instance,
you can tell customers that they can go online and create or vote for the
next new flavor. Now you get them involved in your product. The key is to
generate communication, engagement, and involvement through your sales and
marketing efforts. If you call someone and just talk to them and aren't
creating dynamic dialog, then you're really just giving information. You
want to give people consultative advice. You want to listen and speak and
create dialog. Only then do you truly capture your prospects' interest and
convert them into paying clients.
Trend #5:
Solutions to present problems become obsolete faster. (Be pre-active to future known events.)
Almost every salesperson has been told to be proactive, which means to be
taking positive action. How do you know if a certain action is positive? You
wait and see. That sounds like a crap shoot with bad odds. Therefore, you
need to be pre-active to future known events. To determine pre-known events,
you need to look at your customer segment and identify what types of events
you are certain they will be experiencing soon. You then focus your actions
on what will be happening rather than on what is happening. Being pre-active
also means that you change the way people think. For example, if you put out
a new product or service and hope it catches on, you'll quickly learn that
it can take a long time because you're not actively changing the way people
think about how the product can be used or how it might change their life.
Therefore, constantly educate your customers on the value you and your
products and/or services offer so they begin to rethink the results they can
achieve and the value you provide.
Trend #6:
The value you bring today is forgotten faster. (Sell the future benefit of what you do.)
Most salespeople sell the current benefits of what they do. But your
customers already know the current benefit you offer. One of the reasons
customers leave you for a competitor is that you haven't cemented the future
benefit you can bring them. Your goal as a salesperson should be to
establish a long-term, problem-solving relationship with customers rather
than a short-term transaction. Your most profitable customer is a repeat
customer. Therefore, you want customers to see the benefit you can give them
over time, not just in the present. You want to show how the products and
services you offer are going to be evolving with their needs. In other
words, you want to sell the evolution of your products or services.
Unfortunately, most salespeople don't know their future benefit. Therefore,
you need to sit down with your fellow salespeople and create a list of
future benefits that you have for your customers. Also, talk to the people
developing the products and services and get an idea of where they're taking
them. Realize that you're more likely to deliver future benefits if you
think of them ahead of time. As a side benefit, this kind of dialog will
also help internal communications within the company.
More Sales in Your Future
Successful salespeople know that in order to stay on top, they need to keep
abreast of trends and changes in their industry. Only then can they stand
out and be a true solutions provider for their prospects and customers.
Therefore, the more you understand and adapt to today's current business
trends, the better your sales will be-today and in the future.
About the Author:
Daniel Burrus, author of six books including the international best seller,
"Technotrends," is one of the world's leading technology forecasters and
business strategists, who has established a worldwide reputation for
accurately predicting technology driven trends and their impact on the world
of business. For more information on the services and products provided by
Daniel Burrus, please visit www.Burrus.com or call 262-367-0949
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