Business and Money Tips

Part 1: You and Your Winning Sales System (for course details click here ) Blogger: Today we have on our site a Sales Trainer who has been conducting in-house training for over 343 companies including AIA, SingTel, NTU and Tanzanian Government, let's welcome Andy Ng! Andy: Thanks Blogger, today I'm going to talk about Winning Sales System. What is a Winning Sales System?  Most salespeople have one common problem: they are too dependent on their seniors and sales managers to guide them on how to sell.  But what happens if you are the only salesperson around?  You need a sales system to guide you. Blogger: Can you tell us what are the essential elements of a sales system? Andy: Sure. There are 4 elements of a winning sales system: How to Get Prospects Without Spending a Huge Sum of Money How to Convert Prospects into Clients without having to drop your price How to Get Repeat Business from clients without having to resort to price discounts How to Get Higher S

Every salesperson (including those not selling but are in management) wants to know the fastest and easiest way to make the sale. One day I asked an audience of insurance salespeople, "How many of you would like it if I gave you a list of people who wanted to buy insurance now? Everyone raised their hand. Hint: There is no such list. The one-word meaning of sales is "WORK". The 2-word meaning of sales is "WORK HARD".  How Do I Make a Cold Call? There answer is, "Don't". Don't make a cold call. Make a warm call. Warm up the cold call and you'll get your results improved by 27%. Guaranteed. Instead of calling people and look for "Mr Andy", tell the other side that "I've been asked to give Andy a call". If they asked you "What's it regarding?" You don't answer it. You just say, "I don't know. I have been asked to give Mr Andy a call. Is he in?" Using this script wi

5 Ways to Make Your Selling Irresistible: State your price using the smallest unit of measure , like per month, per week or per day. Courts always use this method, but just stating the weekly instalment at $14 for a Samsung Galaxy S4, (spread over 24 months), their actual selling price is as high as $1,456! Do not compare your price with your competitor, instead compare your price to Do-It-Yourself or something totally different but offers the same benefit . Like people don't compare Mercedes with BMW or Audi but swimming pool, for the rich man's consideration in buying another Mercedes is should he install a swimming pool instead? Pre-empt the Price Objection , and once you warn people of the price, people cannot give you the objection. Proving Financing . Yes, instead of outright sale, why not sell via leasing?  Not only is there no more downpayment, but the customer get to replace the machine when the lease expires, a win-win for all. Be a Irresistible Salesperson. H