Sales Systems to Build Your Business in the 21st Century
What
is in store for your markets in the new century? How will
advancements in technology affect your sales? How will you
build and retain a winning team for your company in the tightest
labor market in decades? Those are just a few of the questions
and challenges facing the graphic arts industry as we enter
the new millennium.
In
a half-day seminar entitled "Momentum for the Millennium,"
a sold out audience of graphic arts industry owners an entrepreneurs
got some answers from keynote speaker Séan McArdle,
Founder and Chairman of LifeAnswers, Inc. The Graphic Arts
Advisory Network of Creative Financial Group sponsored the
seminar, held at the Philadelphia Airport Marriott on January
18th. Co-sponsors of the event included Colonial Life &
Accident Insurance Company, National Penn Bank, and The Safegard
Group, Inc.
Known
as the $100 Million Salesman, McArdle focused on helping attendees
see the future of the industry by highlighting several new
and innovative ways to expand and grow their business in the
21st century.
REACH
TEN TIMES THE PROSPECTS AND SELL THEM IN HALF THE TIME
Who wouldn't like to turn their sales force into "on
purpose" sales machines? During the seminar, attendees
learned McArdle's secrets for streamlining the selling process.
He discussed how to take advantage of high-tech tools that
allow companies to transform databases into prospects, prospect
into relationships, and relationships into sales. He also
revealed the proven strategies that allow you to take prospects
from "hello" to "yes" in half the time
it takes you now.
THE
"PADDLE-WHEEL" SELLING METHOD
"You must picture your markets as a river, and you are
the captain of the riverboat," said McArdle. Hence the
term "Paddle-Wheel" to describe the technique that
is based on the most widely distributed selling system in
the history of the printing industry, The Art & Science
of PRINTING SALES.
According
to the Paddle-Wheel approach, "you need to create as
many different ways as possible to give your prospects a whap
until they give in and start doing business with you,"
McArdle said. "It's like beating their head against a
wall - if feels so good when you stop."
DESIGNING
THE ULTIMATE "PADDLE-WHEEL" WITH HIGH TECH TOOLS
Once you understand the concept, designing the various paddles
that make up your wheel become a bit easier. McArdle suggests
that you develop at least ten paddles for your riverboat -
with each one designed to tell the prospect more about your
company's unique value. If you're doing the job right, eventually
the combined effect of the paddles "whapping" the
river (i.e. marketplace), will make more prospects want to
jump into your boat."
It
may sound easy, but there are some pitfalls that can trip
you up along the way. McArdle pointed to research conducted
by The Printing Industries of America that suggests that it
takes anywhere from seven to ten sales calls to get a prospect
to place their first order. That same research also suggests
that an average salesperson gives up after just four calls.
What this means is that companies need to find a way to "speed
up the paddle-wheel" - and for this you need to take
advantage of technology.
McArdle
revealed how to use resources such CD-ROM databases and contact
management software to help keep track of your paddles, and
to ensure that your sales force won't stop "whapping"
promising prospects until they've "been hit on the head
at least 15 times."
Other
technologies that must be embraced, according to McArdle,
include the Internet and digital printing. Based on years
of working with printers of all shapes and sizes, McArdle
shared his experience on what it takes to have the right mix
of technology and equipment to sell out your capacity.
BUILDING
AND RETAINING A WINNING TEAM
While utilizing new technology like the Internet, sophisticated
contact-management software, and digital printing is crucial,
McArdle stressed that it's important to remember that "no
software will tell you what to say. That's the art of selling
printing." It's for this reason that finding, and keeping,
top-notch employees is one of the most crucial elements of
your company's success. To help employers with this seemingly
impossible task, McArdle shared his five-point program for
attracting the best employees in the graphic arts industry
and keeping them on board.
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