Showing posts with label Prospects. Show all posts
Showing posts with label Prospects. Show all posts

Tuesday, August 3, 2010

"Handle" Objections by Taking a Swim in the Prospect's Background Noise!

Background noise? OK, the title is corny, but it accurately reflects the point I'm about to make: Most of us try to sell based on our understanding of what a home buyer or seller needs. We package ourselves, our presentations, and our scripts, to "convince" the prospect to work with us. We stand outside the prospect's world looking in and think we know what they need. We ask questions--not to create a conversation, but so we can position ourselves to as a solution.

These set-up questions sound like this: "What sort of house are you looking for?" "Have you spoken to other agents?" "When do you want to be in a house?"

We ask these questions to get information, and when they give it, many agents pounce with recommendations.

What's Going on Inside Our Prospect's Head?

What's really going on inside the prospect's head is a rich froth of issues and information, much of it having nothing to do with us or our recommendations. They might be thinking about their relationship and worrying that it's too soon to buy a house. Or they might be concerned about an old credit ding and be embarrassed to look into it. Or they might be hearing their uncle Bob telling them to never listen to a real estate agent. And so much more. Often their decision about when, what, and with whom to buy or sell a house is mired in this mix.

Swim in the Background Noise

Rather than approaching from the outside looking in, we can be responsible consultative salespeople and understand fully before promoting ourselves. We can get inside their world (swim in their background noise) and help them sort it out before we start trying to prove how valuable we can be.

This "buyer-centric" perspective means that we ask questions about their situation, what challenges they're facing, what solutions they've already thought about for those challenges, etc. And we do this without trying to sell ourselves at all. So when our buyer expresses a concern, for example, about the economy tanking again, rather than "handling" his objection by trying to convince him that real estate is always a good investment, we can hear his concerns and reflect them back to him. Ask him what that might mean to him, how he'd handle it if that did happen, and what other options might be available to him.

Turn the Light On

We're not putting ideas into his head...we're just raising the very issues that are troubling him so that he can explore them without fear. It's like turning the light on and seeing that the lump in the corner is just a pile of clothes.

In this way we help the prospect make decisions faster and be ready to hear our presentation that much sooner. And when we do present, it won't raise tons of objections because we'll already have addressed those underlying issues that would have generated the objections.

Tuesday, July 13, 2010

Network Marketing Training- Who Are the Best MLM Small Business Prospects and Why?

There is a virtual Gold Mine out in the marketplace for network marketing and MLM that is being virtually ignored by most folks.

These folks have 5 things they bring to MLM that can prove to be absolutely invaluable:

1) Contacts around the country.

2) Existing clients.

3) Experience in the marketplace.

4) Exposure, credibility, and visibility to a lot of folks.

5) Capital that can purchase products.

Many of these folks are looking for other sources of revenue, as they are entrepreneurs, and understand the concept of multiple streams of income and revenues, which are available in Network Marketing.

Ok, who are these gold mines?

The Small Business Professional.

And this Gold mine is endless as far as potential, possibilities, contacts, sales, and profit.

We all need to get into our warm market, and rarely is a warm market totally exhausted. Most people never call on a third of their warm market. That is an industry fact.

But we ALL know small business professionals in our warm market, and they are a lot of times very willing to take a look at a "secondary revenue source".

Let me ask you some questions:

Who do you purchase things from on a regular basis?

Who do you buy your insurance from?

Who did you buy your real estate from?

Who do you purchase your groceries from?

These are just a few of the folks we do business with that can be a gold mine in network marketing.

INFERNO Secret:

Small business owners are looking how to expand and enlarge their current business and profits, and MLM has proven to be a great source of income for the right business owner.

Who would be some small business professionals?

1) Print Shop Managers/Owners

2) Book Store Managers/ Owners

3) Restaurant Manager/ Owner

4) CPA

5) Attorney

6) Stock Broker

7) Jewelry Store Manager/Owner

8) Service Station Owner

9) Local Pharmacy owner

10) Grocery Store Owner/ manager

11) Book keepers

12) Fitness Trainers

13) Health Professionals

14) Medical professionals

15) Consultants

The List is endless. Everywhere you look is a potential Gold Mine for your MLM business. Look in the yellow pages, and the Chamber of Commerce.You will be shocked how large the market really is.

The average city has literally hundreds and even thousands of small business owners, and they all have one thing in common:

Wanting to enlarge and multiply profits.

INFERNO Secret:

Try to stay within the range of 10- 25 employees to start off. This is a good number and usually the owner is in a position to make the decisions without a lot of red tape.

Start contacting the small business owners you know, and ask for their help. Ask them to take a look at your Network marketing products and services, and consider making them available to their employees at a discount. Ask if you could do a mini seminar at their place of business after hours.

And then run the idea past them of having a secondary revenue source themselves with your products.

We were blessed to recruit hundreds of small business owners in our group, and it really was easy, once you got your first one.

They brought in the rest into MLM and Network Marketing.

Blessings...Doug

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