Showing posts with label mortgage. Show all posts
Showing posts with label mortgage. Show all posts

Monday, January 3, 2011

Setting Realistic Goals



When we make a sale, or take one step closer to meeting our goal, we are overcome with a felling of achievement which motivates us to sell more.

I’m sure that anybody who is reading this article has been in the situation where they may have been given unobtainable goals from one of their bosses, sales manager’s, or some higher up somewhere in the company.
When goals are given that are unrealistic, the mission is doomed from the beginning. It immediately gives a feeling of despair to the sales team, which can be devastating to morale.

The sales team will do their duty and work as hard as they can to obtain the goals, but when they fall short, they will have feelings of failure, and will be reluctant to move on.

Simply stated, unrealistic goals, take the fun out of selling.

A personal story . . .
During my years in the banking industry, I managed a sales team in a small branch inside of a grocery store. This is what is known as In-store banking. It was estimated that seven thousand people came through the grocery store where my branch was located on a weekly basis.

With that statistic, my sales team was given a goal of opening up six checking accounts per day, among other things.

This would be a monthly goal of one hundred and eighty checking accounts per month. To me and my team, this was highly unrealistic.

Then, In-store banking was brand new to the banking industry, and these goals were being handed down by people who never once stepped foot in an in-store branch.

Please understand, I am not bitter about this, I am just stating the facts, and believe this to be an on going problem with companies.

This problem works both ways. Sometimes the goals being handed down are not enough, and a sales team will fall short of what their potential could be.

Needless to say, my sales team never met their daily, weekly, or monthly goals. We did however, fight the good fight and manage to hold our own. But morale was never what it should have been.

Every six months my team and I would attend the semiannual sales rally, where we would sit and watch as the other branches so proudly accepted their awards for meeting their goals. It pained me to watch my team walk away empty handed knowing that they worked so hard.

My point is, when goals are being set, they need to be realistic and obtainable. The more you or your team reach their goal the more motivated they will be.

Once you are reaching your goal at a steady pace, challenge yourself or your team, and raise the bar. Challenge them to reach higher on a daily basis

Keep in mind, when you raise the bar, keep this new goal realistic as well, you don’t want to become over confident and put your goals out of reach.

One last thing . . .
The goals that are being set, should be put in place by a person or people who know you, your staff, and your demographics. Not by somebody in an ivory tower.

If they are not being put into place by the appropriate people, suggest this idea to someone in your organization that you can trust.

This article may be reproduced by anyone at any time, as long as the authors name and reference links are kept in tact and active.


Sunday, December 19, 2010

Be Persuasive When You Sell

By Sales Tracking Portal [ Free Online Sales Tracking Software]
When you are selling your products to clients, you don’t want to be pushy about it, you want to be persuasive.
Have you ever been around a sales person who seems to have everything going for him?
He has no problem talking to people, people like him, he seems to meet all of his sales goals so effortlessly.
This is not because he is lucky, or he was born with a natural gift when it came to selling. It is because he took the time and effort to make sure he went into the field well trained with the appropriate sales skills and product knowledge to make his sales seem as though they come without any effort.
This sales person, through hard work and sales training, has given himself the power of persuasion because he has the ability to find out what it is that his customers need.
When a sales person is being pushy with their product, it is a turn off to the customer. The last thing a customer wants, is somebody they just met up in their face who won’t stop talking. Pushy sales people come off rude, unprofessional and unknowledgeable.
From a customers point of view, a pushy sales person comes off as someone who just arrived from a one day sales training course on one particular product. Who is then sent out into the world to sell that product to anyone that will listen.
Most consumers can see right through this.
Persuasion takes subtlety. In fact, it is much easier to persuade someone to buy your product than to actually sell it.
Persuasion involves getting your customer to “buy in” to your product, or to see things from your point of view.
You must first get to know your customer. Take some time to ask a few personal questions. Such as where they live, what their occupation is, do they have any pets, etc.
People love to talk about themselves, so ask questions.
Once you get to know your customer, find out what their needs are. You can than match up your products to their needs.
Explain the benefits of your product, and give them a visual in their mind of themselves using your product. If you are selling baseball bats, give them the visual of using the bat to hit a home run in the bottom of the ninth too win the ball game.
Don’t do all the talking, listen to your customer. Listening is perhaps one of the most important sales skills you can posses. You can find out so much about your customer just by listening.
To persuade your customer to buy your product is to find a common ground with your customer. Smile, be courteous, answer their questions, learn what their needs are, listen to their concerns and try to alleviate them.
Once you have established what their needs are, tell them about the products you have that could satisfy their needs. Remember, don’t sell the product, tell them about the product, and what it can do for them.
Don’t think of it as selling, think of it as a normal conversation that you would have with one of your friends. Your sales will become more enjoyable, and they will also increase. Good luck.
This article may be reproduced by anyone at any time, as long as the authors name and reference links are kept in tact and active.
Jay Conners has more than fifteen years of experience in the banking and Mortgage Industry, He is the owner of http://www.jconners.com, a mortgage resource site, he is also the owner of http://www.callprospect.com, a mortgage lead company.

By Sales Tracking Portal [ Free Online Sales Tracking Software]