29/04/2010 - 00:00

I’m not in a slump, the economy is

29/04/2010 - 00:00

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I’m not in a slump, the economy is

IN case you hadn’t noticed, the economy is still hurting. And the universal cry of salespeople not making enough sales is, ‘it’s the economy’.

In a slump? Not making enough (or any) sales. Feel like you’re unable to get out of the rut? Is it the economy, or is it you?

Maybe you’re not in a big slump, but just can’t seem to hit the quota numbers. Let’s be kind and call it ‘sales under-achievement’.

Don’t panic. Don’t press too hard. Don’t get down on yourself. Don’t get mad. And above all – don’t quit.

Alright, there’s a slowdown, but don’t be too quick to blame your lack of performance on ‘it’ before you take a hard look at ‘you’. And take a closer look at ‘slump’ before you blame ‘economy’.

Here are the prime causes of sales slumps.

Poor belief system. I don’t believe that my company or product is the best. I don’t think that I’m the best.

Poor work habits. Getting to work late, or barely on time. Not spending your time with people who can say yes.

Misperceptions that lead to sour grapes. I think my prices are too high, or my territory is bad.

Outside pressure. Caused by money problems, family problems, or personal problems.

Poor personal habits. Too much drink, too much food, or too much after-hours play.

Events that go against you. New salesperson passes you, someone else gets promoted and you knew it should have been you.

Customer cancels a big order. Weakening your personal belief or causing severe money problems – or both.

Competition cuts price and steals the order. This is the new reality of business.

When you’re in a slump, you begin to press for orders instead of working your best game plan (which is ‘sell to help the other person, and let your sincerity of purpose shine through’). When you have the pressure to sell, the prospect senses it, and backs off.

Then things get worse. You can’t seem to sell at all, and begin to panic. Oh my gosh, I can’t sell a thing, I’ll get fired and miss my house payment. Aaaahhhhhh! False fear. Relax, you’re better than that.

What causes a slump? You do. Therefore, you are the best (only) person too fix it.

Here’s a prescription to help cure sick sales.

• Study fundamentals; usually what’s wrong is not complicated. In fact, you probably know what’s wrong. Your problem is that you think it’s someone or something else’s fault. Wrong. List two or three areas that need immediate care. Have the guts to take action.

• Revisit your (or make a new) plan for success. Today.

• List five things you could be doing to work smarter and harder. Make a plan to work as smart as you think (or say) you are. Hard work can change your luck.

• Change your presentation. Try a different approach. Take the customer’s perspective.

• Talk to your five best customers. Ask them to evaluate your situation.

• Get someone you respect to evaluate you presentation. Take them with you on sales calls. Get a coach.

• Visit your mentor. And have a new plan to discuss when you get there.

• Spend 30 minutes a day (in the morning is best) reading about your positive attitude. Then listen to attitude CDs and sales CDs in the car.

• Take a day off. Chill out, take stock, make a plan, re-group, re-energise, and return with renewed determination and better energy.

• Rearrange your office. Shake things up a little, make them look new.

• Record your presentations live. Then listen in the car immediately afterwards. Take notes. Act to correct.

• Avoid negative talk and negative people.

• Become more valuable to your customers. Send a weekly value message by email to everyone (it can be the same message to all). Tweet a value message or inspirational message daily.

• The best way to get out of the rut is keep the slump in perspective. Once you accept the fact that you can change it, you can begin to recover. Be cool – you’re the greatest, if you think you are. Believe in the most important person in the world. You.

If you want to learn my secret for long-term name recognition and loyal customers, go to www.gitomer.com and enter the word NAME in the GitBit box

 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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