How to Find New Prospects for your Business by Leveraging your Network

As a sales professional or business owner, you need to find prospects you can deliver your sales presentation to. My sales mentor, Eric Lofholm, calls this process lead generation.

One of the keys to lead generation is systems. You want to develop multiple lead generation systems.

Lead generation begins with a database. Do you have a database where you are entering leads? If not, then you might be leaving money on the table.

Lead generation begins with identifying your target market. Who is your ideal client? You need to find ways to connect with new prospects, whether through networking, phone calls, or email.

A POI is a Person of Influence!

Eric’s number 1 lead generation idea is POI. A POI is a person of influence. Everyone has a network. A POI is a person who has a large network where a % of that network is your target market.

Another great strategy to prospect for new leads is through Top Down Selling. This is another way of describing a POI relationship. You influence the POI to refer you, recommend you, or endorse you to their network.

So, what can you do if you want to reach a POI in an organization? You can use an approach called Climb the Ladder Selling. This is where you know someone who knows the POI. You get the person you know to refer you to the POI.

Another strategy that many people know about, but that few do well is the Reciprocal Referral Relationship. This is where you find someone that you can refer business to and then can refer business back to you. An example would be a real estate agent and an insurance agent.

What are you doing to find new prospects? Select one new strategy to implement and you will be well on your way to finding new prospects.

Sell with Confidence,

Kevin Perkins
Sales Trainer, Eric Lofholm International

Kevin delivers training through conference calls and live training sessions.

3 Ways to Elevate your Sales Results: The Outer Game of Selling

For many sales professionals and small business owners, they are focused on what is urgent and not necessarily what is important.

So, it should come as no surprise that if you’re not getting the results you want, it’s probably because you’re not doing the right things.

What can you do to improve your results?

There are 3 ways to elevate your results:

  • Inner Game
  • Outer Game
  • Action

The inner game is the mental side of selling. It’s your mindset. It’s how comfortable you are with selling.

The outer game is the how to’s of selling. When you sell. And what you say.

The last area is action. It’s moving yourself to follow though on what should you be doing.

Outer Game of Selling

Let’s focus on the outer game of selling.

The outer game is the Tactics, Scripts, Leads, and Calendar.

Use the power of goal setting to increase your results. Set goals Daily, Weekly, and Monthly.

One of the ways you can improve your sales results is through modeling. Look for best practices. Find someone else in your industry who is already successful and model what they are doing.

One tactic you can use to increase results is the preframe. Let your prospect/client know in advance what you expect from the meeting. If you are going to ask for an appointment, let them know at the beginning of the call.

There are dozens of ideas I can share with you on the outer game of selling. We’re just scratching the surface. In fact, I haven’t even shared with you the most profitable idea I have ever learned.

Would you be interested in learning the 3 ways to elevate your results in depth?

I have a program that takes you step by step through the sales process. I will teach you how to develop the mindset of a sales champion. I will teach you proven strategies to increase sales. And I will share some of my best strategies to take action consistently.

Click here to get on the fast track

How to Ask for Referrals

People do business with people they know, like and trust. One of the most powerful ways you can attract new clients is to ask for referrals.

But, how do you actually ask for referrals.

Here are a few secrets that will help you to get more referrals more consistently.

Write down a referral script.

Human beings respond in predictable ways. Often times what works for someone else will work for you. Think about the people in your company or industry. Is there one person who gets more referrals? You can borrow other people’s scripts. Ask them what specifically they say to ask for referrals.

One simple strategy you can use to get more referrals is to set a goal for referrals. Next, get into action. I recommend you ask for referrals at least 3x in the next week. And, ask for at least 1 referral tomorrow.

Here’s one question you can use to ask for referrals: Who is one person you know who is a ____________ that you think would benefit from my services?

In the blank space, insert the name of an industry, or characteristics of your ideal clients. If your ideal clients are realtors, then you can ask: Who is one person you know who is a realtor that you think would benefit from my services?

Take a moment now to write down a question you can ask for referrals.

Powerful Techniques to Get More Referrals

Watch this video for quick tips to get more referrals…

A referral system is a great way to generate leads at zero cost.

Rate yourself on a scale of 1-10 in the area of referrals.

What is one idea you can implement right now to increase the number of referral you receive?

The Best Sales Strategy I Shared at the Sang Conference this Week

Sang Conference Panel Eric Lofholm Brian Tracy Dave Lakhani Christine Comaford

On Wednesday I was in Los Angeles speaking at the Sang Conference and I shared the best sales strategy I know. This was a huge honor for me.  Many of the top speakers and trainers in the world gather at the Sang Conferences.  To learn more about Sang go to www.sang3.com

I was on a panel where the topic was How to Sell in the New Economy.  The panel was Chet Holmes, Brian Tracy, John Carlton, Dave Lakhani, Christine Comaford, and me.  I was given 10 minutes to share my best ideas on how to sell in the new economy.

The best idea I shared at the Sang Conference was to make a list of potential joint venture, strategic alliance, and referral partners.

Once you have the list select the top 4 relationships.

Contact those 4 people to schedule an appointment to discuss how you can support each other.

When I made my list the top 4 people were Brian Klemmer (www.klemmer.com), Loral Langemeier (www.liveoutloud.com), Berny Dohrmann (www.ceospace.net) and Alex Mandossian (www.alexmandossian.com).

I reached out to each of them.

Since reaching out to them here is what has happened over the last 90 days.

Brian Klemmer has become my mastermind partner.

Berny Dohrmann has put me on faculty of CEO Space.

Loral and I taught a seminar together.

Alex and I have agreed to have dinner together.

Take action on this idea.  It is a winner.

Make your list today!

Select your top 4 relationships.

Reach out to them to request an appointment.

Look for ways you can support each other.

This is a great blog post to share with your network.

Thank you for reading this blog post.  We just had the 4th month in a row where more people visited this blog than the previous month.

Warmly,

Eric Lofholm
Master Sales Trainer and Coach