Friday, September 28, 2007

How to Make Cold Calling Opportunities out of Voice Mails

Turn voice mails into a cold calling journey of discovery
Most people who still use the traditional cold calling mindset look at voicemail as a dead end. They say to themselves, “Oh well, I may as well leave a message and hope he calls me back.”
This almost never happens, and we know it. But we’re often so relieved not to have to talk with someone, that we leave a message anyway. We avoid dealing with another person’s potential negative response to us and we avoid being challenged by the receptionist as well.
By the time the day is over, we might feel good because we’ve played the “numbers game” and made a lot of calls. But our productivity has been minimal. And over time that can make us feel frustrated by our experiences in cold calling.
With the new approach to cold calling, voicemail is an opportunity for discovery.
It leads us beyond voicemail. Voice mail becomes a starting point for you begin the process of locating the person you’re trying to contact.
Our objective is not to pursue people to make a sale in this new way of cold calling. It is to uncover the truth of their situation and to be okay with the outcome, whether it’s a “yes” or a “no.”
So we can begin to feel more comfortable hitting “0” when we get someone’s voicemail. Because we then have an opportunity to go back to the receptionist and begin a dialogue based on asking for help.
Here’s how the dialogue might go:
“Hi, maybe you can help me out for a second? I’m trying to get hold of Mike and I got his voicemail. Would you happen to know if he’s at lunch, or on vacation, or in a meeting by any chance?”
Here, you aren’t just asking to find Mike. And you’re also providing possible solutions to finding Mike. This helps the receptionist feel as if he or she is part of the problem-solving process.
The receptionist is likely to offer one of two responses. The first is, “Yes, he’s in a meeting (or at lunch or on vacation) and I’m not sure when he’ll be back at his desk.”
This answer has just given you a lot more information than you would have if you had just left a voicemail. Now you know your contact’s whereabouts in real time and you can call back at a more appropriate time.
The second response is, “No, I don’t know where he is.” In this case, you would reply, “That’s not a problem…” This low-key statement diffuses any possible pressure that the receptionist might be feeling about not being able to answer your question.
You can then continue with, “Would you happen to know anyone whose desk or office is near him or who works in his area who might know where he is?” Again, you’re offering another option for solving the problem. In many cases, the receptionist will then transfer you to a colleague of your contact who can help you determine his or her whereabouts.
The receptionist may also reply, “No, I don’t know anyone in his area.” You then say, “That’s not a problem…” and offer, “Would you happen to have a paging system or his cell phone number by any chance?”
If the receptionist replies, “Sorry, we don’t have those,” then at that point you can say, “Thank you very much. I really appreciate your help. And then hang up, and call back another time.
Does the idea of paging potential clients or calling them on their cell phone make your stomach clench up? Are you thinking that you can’t cold call people that way because they might reject you?
That fear is only to be expected if your agenda is to sell something to the person. In other words, if you’re still using the traditional sales mindset. But once you master the new cold calling perspective, you’ll feel comfortable calling anyone, any time, using any mode.
As long as you’re 100 percent focused on your potential client’s world, you’ll find that people will be receptive to you. You can easily navigate throughout an organization with the type of dialogue described above, because you’re asking for help in a relaxed manner and you never put anyone on the spot.
Suppose that your efforts to locate your contact in this way fail. At that point you can leave a voicemail, but it should always be your very last option. Here’s an example of an appropriate cold calling voicemail:
“Hi John, maybe you can help me out for a second? I’m not sure if you’re the right person or not, but I’m trying to reach the person responsible for reporting problems about unpaid invoices. My name is John Edwards, my number is…”
Try this way of approaching the situation of voice mails, and you’ll be surprised and pleased at how often it becomes a highway instead of a dead end.



Success Formula for Cold Calls

Making cold calls can be frightening, especially when you are first starting out. Below are some techniques that will help you in becoming more confident before you pick up that telephone.
 Step 1: Be familiar with your company's unique selling point. What are the benefits of what you have to offer? Know these benefits inside and out. Why should a prospect chose you? What will the outcome be of a company that does chose you? Will they increase effectiveness, productivity, or revenue by using your services or products.
 Step 2: Identify the right prospects before your call. Don't just select random telephone numbers - make sure what you have to offer is of interest to those that you are calling. Do they fit in your target market? Know their fears, frustrations, values and decision criteria.
 Step 3: Before making the call warm up to the prospect that you are courting. Find out as much as you can about that company. Before calling become familiar with their pain points. Be ready to present to them how your product or service can ease their struggles. This approach will let them know that you are interested in adding value and assisting them, not just making a sale.
 Step 4: Approach every call with the following question in mind "How can I create value for this company?" This will ensure that you listen to the prospect. Give a brief introduction of your company and the benefits that you offer, ask questions, then shut up and listen. Do not interrupt; listen intently and ask relevant follow-up questions to clarify or acknowledge what they are saying.
 Step 5: Write a script, but don't read it. If you are nervous and want to make sure that you don't forget the benefits that you offer and the questions that you want to ask take a few moments and write a script or outline that will help you.
Tip : Send out a personalized letter that introduces yourself and informs the prospect that you will be calling on a certain day. This take the chill out of that first call - just be sure to promptly follow up.


Tuesday, September 25, 2007

Network Marketing

Multi-level marketing (MLM) or network marketing is a business model where the selling of products depends on the people in the network. Not only is a product being sold, but other salespeople are being recruited to sell that same product or product line. It's probably not a type of business one would initially consider when discussing retail businesses, but Amway used this model quite successfully for many years.
Advantages: Generally very little startup funding is needed to operate this type of business. Network marketing provides freedom from conventional retailing businesses and offers a greater interaction with all types of people. For those willing to invest the time, huge profits can be made.
Disadvantages: Too many unscrupulous multi-level marketing schemes exist. Some systems require their dealers to be more interested in recruiting new members than in selling the products to consumers. It may be difficult to operate without a storefront.
Support: Most network marketing systems offer motivational materials, training and support.