As a sales professional, one of the things I thought when this financial crisis hit the fan was how it will change the responses prospects have to vendor calls. The answer depends on how you are looking at it. Companies did shelf some of the "nice to have" but non-critical projects, but are still moving forward with business critical initiatives. They are also getting a lot of sales calls because people need to close business, so it's imperative to make your call count in amongst all the noise.
I started The Vanella Group, Inc. in 2001 during a meltdown, my business grew during that time because my customers consistently see the return that makes the program clearly valuable. Cold calling is what we do, and we have to stay aligned with the marketplace in terms of buying behaviors to keep getting those results. A few of the core methods we are successful with are:
As a take away - if your solution/product has different industries you are selling into, if you haven't already, create a spreadsheet with columns where you can list the industry and the specific pain points for that industry. Then list some questions you can ask that speak to the specific pain in that segment. Speaking to that kind of specific pain they have will show your prospects you do understand their business, and also will give you a reference tool to make your call count by having the data points in front of you to make your conversation stay on topic and stand out.
I'll post a chapter from my book next time about asking good questions. Stay tuned…
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