co·nun·drum/kəˈnəndrəm/
Noun:
A confusing and difficult problem or question.
A question asked for amusement, typically one with a pun in its answer; a riddle.
What exactly is prospecting? Precisely – there are 7 BILLION people in the world today and if 10,000 of these people buy from you – you can retire in style!
BUT YOU HAVE TO SORT THROUGH ALL 7 BILLION to get to them. Let’s see, 7 BILLION time three phone calls with two in person sales calls……nope – it doesn’t work!
Make it easy on yourself – within your territory – who do you want to sell to? Base your decision on size of company (not too big / too small, but just right); the type of company; number of employees; and any other criteria you want. Target 50 of these companies. Then:
1. Make sure the list is logical and reasonable
2. Tell everyone about your list
3. Concentrate on the top 20 of the top 50. Replace as you need when you get a firm no or a yes.
4. Have a call system and always obtain information with each call (Table of Organization, names & extensions, referrals, parent company info)
5. Call your current customers and former customers and ask for introductions
6. Look up your targets on the internet for charity work, hobbies, picture
7. Consult LinkedIn for possible contacts (hint – look at second level contacts)
8. Get them a good referral and call the CEO at the target company with it
9. Ask the gatekeeper how to get through
10. Have a follow up system that will not fail.
“This is the kid, calls me 59 days in a row, wants to be a player. There ought to be a picture of you in the dictionary under persistence kid.” Gorden Gekko: Wall Street
Know your targets – but never waste time researching till you need to. Call the main number for the company and ask for the boss – you may reach her! Leave a “Call me back” voice mail if necessary. Co-opt the gatekeeper to clear a path for you. Call at 6:30am (the boss may be there – but B to B only for this!) and call at 6:30pm.
Know what you will say when the target talks to you.
Be firm on this and plant your feet. Your top fifty will be your best asset. Move the top 20 forward every day (even 59 days in a row).
Feel free to disagree with me at (646) 456-0004 weekdays between 7am and 8am.
Paul Szklarski, MBA, FACHE
Shulman & Assoc
Sandler Training