A client asks "Even with the sluggish
economy, sales were stable at my company.
Because we did not have a disastrous sales
year, I suspect that my sales reps are
relieved and feel no great urgency to get
some deals closed for Q4. How do I get
around their complacency?"
Change focus
Skip the pipeline review. Forego the sales
forecast discussion. Ask each salesperson to
make a list of those 2, 3, or 4 (or hopefully
more) accounts they honestly feel they can
close in '09. Focus on those accounts
through the end of the year.
Have in-depth discussions
Come to staff meetings with a list of
questions for the sales staff, and don't
accept anything less than detailed,
thoughtful responses. After all, they put
these particular accounts on their list of
'09 "closables."
Such questions can include:
- Why do you feel you can close this
account by the end of the year?
- Why would they benefit from buying before
the end of the year?
- Why haven't they bought before this?
- Who is in favor of purchasing?
- Who is against purchasing?
- What are their key objections?
- What do they like about the product?
- What other vendors are they seriously
considering?
- What do we need to do to get their
business?
Ruthlessly purge
If the sales representative cannot answer all
of these questions for each and every account
on their list, send them back to get the
information. If they don't come back with
answers, the account needs to be taken off
their list.
This is not the time to allow the salesperson
to "sell" you on the idea that they can close
this or any other account. The likelihood of
the sale taking place without this
information is nil.
Avoid a full-scale price reduction
I am not an advocate of dropping the price
"in the hope that" the prospect sees what an
unbelievable deal they're getting and signs
the contract. Rather, I advocate determining
their interest level in buying the product at
year end, then working to get any obstacles
out of the way. This can include lowering
the price. But only after they have agreed
that if you offer a 20% discount, they will
purchase.
Offer additional services
If a client typically pays for any special
products or services in addition to their
primary purchase, it's fine to offer those
items at a lower cost or no cost at all as a
year-end incentive. As with the price
reduction, offer these deals after they tell
you that purchasing those items separately is
standing in the way of their buying from you,
and that they will buy before the year end if
those items are included or reduced in price.
Coach your sales reps
During this time of year, good sales reps
speak to their closeable prospects with a
sense of urgency - not desperation, anger or
impatience. Rehearse and role play with the
reps to make certain that they are conveying
the right tone when they make these calls.
Add incentives
Find additional money for fun, inexpensive
rewards somewhere in the budget. If you want
to produce a sense of urgency in the reps,
give them something to be urgent about. For
obvious reasons, gift certificates to
shopping malls are quite popular during this
time of year.
Missed opportunities and disappointing
year-end sales can result from reviewing
accounts as usual in the last month of
Q4. Focusing on the accounts that could
legitimately close before year-end can
make for a productive December.