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    No Brainers: 27 Low or No-Cost Ways to Improve Your Next Tradeshow
    There are lots of ways to improve your team's performance at tradeshows. From snazzy new displays to intensive training to rewards and incentives for top producers, it's difficult to even count the myriad ways What's not difficult is to realize that some of these improvement methods come with hefty price tags. Don't despair. There are many ways to pump up performance without breaking the bank. In fact, I've collected 27 low or no cost ways to improve your next tradeshow: 1. Research the show BEFORE you commit: Does it attract a large number of people from your target audience? 2. Give yourself enough time: Planning and preparation for a major show can take 12-18 months. 3. Involve top management in the planning process. You'll get better results from your team if they know upper management is supporting their efforts. 4. Send e-mail reminders to loyal customers and strong prospects before the show, urging them to stop by your booth. 5. Define goals and objectives for show participation. 6. Share these goals and objectives with your booth staff. They can't achieve your goals and objectives if they don't know what they are. 7. Plan for security as needed: you don't want expensive prototypes or demo models 'walking away'. 8. Brief your team on common tradeshow espionage practices and how to defend against them. 9. Send enough people to ensure adequate booth coverage throughout the show. 10. Give each booth staffer a specific role
    y engaged individual is much more compelled to purchase. This is not a statement of one’s intellectual prowess or lack thereof; it is simply a statement of human nature. In a nutshell, all buying decisions are emotional, while logic rationalizes the purchasing decision.

    Another key component of successful closing psychology is the importance of acting with authority. This does not mean that you are arrogant or condescending toward your prospects. It does mean that your prospects have a certain expectation that you will be an expert in your field and that you will have the ability to advise them. Your prospects have a need and they want it fulfilled competently. Think of a time when you were faced with an important buying decision. Do you think that an apologetic and insecure salesperson, one who was constantly wringing his hands, would have made you feel more positive and confident about your purchase? Probably not—in fact, you probably would have found it annoying, maybe even disturbing. With this tendency in mind, when in a persuasive setting, do not be afra

    Grey's Anatomy: Face It, Dude, You Like the Show
    Grey's Anatomy has been (falsely) pegged as show primarily for the female population. This is patently ridiculous. There are female story lines to be sure, but there are also decidedly male-oriented story lines. This all is indicative of a larger issue regarding the pigeon-holing of television programs seemingly geared towards a certain demographic even when they really aren't. Grey's Anatomy is a perfect example of a TV show that has been unfairly characterized as a show only for women and reluctant boyfriends.Grey's Anatomy, of course, doesn't really have to worry about this issue because its popularity is enormous already. But, think how much higher the ratings could possibly be if ABC took the time to show the typical American male that Grey's Anatomy is an all-gender show.Grey's Anatomy isn't a romantic comedy along the lines of a Julia Roberts or Reese Witherspoon movie. It is drama, pure and simple. Just because the writers have made it friendly to both genders, doesn't mean that ABC should market it only to their female viewer ship. However, within this the conundrum lies. Grey's Anatomy has likely reached its loft perch of popularity solely because ABC marketed it to the female gender. This is because there are only a few TV shows out there that are both female friendly and not terrible .Grey's Anatomy is well-loved by everyone in the country. This is clear from the ratings it receives. However, there are still those stubborn males out there who refuse to accept that Grey's holds for them anything of worth. ABC, if
    What is one of the most obvious ways to get inside your prospects’ minds? It is actually a twofold process: a) Don’t talk too much; and b) Ask lots of questions so they are the ones doing all the talking.

    When we ask lots of questions, particularly if they are open-ended (the most effective type), we experience several positive byproducts. First, our prospects have the opportunity to tell us exactly what their needs are. That is, they can inform us of what they are looking for and why. In sales, using questions to acquire this kind of information is often called “uncovering the hot button.” How can you solve your prospects’ problems if you don’t know what their “hot buttons” are? This is key information if you are to turn your prospects into long-term raving fans.

    Second, keeping your own mouth closed avoids the fatal but common error of jabbering away about all of a product’s perks and pluses. The truth is, most people only have one or two key reasons for buying, and the more you talk, the more you diffuse the transaction’s energy. The more you talk, the more wind you also take out of your sales. Your prospects really just wanted to come get a good deal; they didn’t come to hear your discourse on the whole product line. They may listen politely, but as you monopolize the conversation, spouting off about all kinds of sparkles and pizzazz that have nothing to do with their “hot button,” their minds begin wandering to where they’re going to go next. Then, the sale is lost before you’ve even asked for it. Just remember, talk little, and when you do, keep it simple. Information overload is just going to overwhelm and confuse your prospects, and as the old sales adage goes, “A confused mind says ‘NO’!”

    The third reason for asking open-ended questions is that it gives you better control over the conversation and where it’s heading. As soon as your prospects are the ones grilling you, the tables have turned. You lost control. Consider the following question/answer scenarios and you’ll see clearly that the individual asking the questions has control, while, perhaps surprisingly, the one doing all the talking does not have control: an employer interviewing for a job opening, a doctor preparing to diagnose a patient and an attorney questioning a witness. Note that in each of these examples, the individual asking the questions is in some sort of authoritative and/or advisory role. It is not so different when someone comes to you looking for a particular product or service to fit her/his needs. When you are the “interviewer,” you will glean all the information you need to best guide your prospects while still maintaining control over the course the conversation takes, including, most importantly, the sought-after final conclusion where they’ll enthusiastically buy from you.

    The fourth reason for asking open-ended questions of your prospects is that as you let them express their feelings and concerns, it is clearly communicated, albeit in an unspoken manner, that you are sincerely interested in them—always a very important selling technique. Your prospects want to feel that you have their best interest at heart and that you are mindful of their needs. Genuine interest will explode your ability to develop a relationship of trust and solidifying rapport.

    The fifth reason for using questions in your selling strategy is that in discussing the issues that are important to your prospects, they are drawn more proactively into the conversation and thus become emotionally involved. Consider the fact that every purchasing action under any circumstance is an attempt to improve or enhance the current status of a person, place or situation. Why do I consider an emotionally engaged prospect a positive, even necessary, thing? Emotions drive actions; they are the catalysts to closed deals. This is not to say that logic doesn’t play a part in the persuasion process as well, because it most certainly does. Emotions, however, provide the initial ignition. They incite action. Meanwhile, logic is the tinder that continues to burn after the initial energy and excitement end. It keeps the commitment intact because there is still something concrete to point to. Some buying personalities will be more logically inclined, but as a general rule, an emotionally engaged individual is much more compelled to purchase. This is not a statement of one’s intellectual prowess or lack thereof; it is simply a statement of human nature. In a nutshell, all buying decisions are emotional, while logic rationalizes the purchasing decision.

    Another key component of successful closing psychology is the importance of acting with authority. This does not mean that you are arrogant or condescending toward your prospects. It does mean that your prospects have a certain expectation that you will be an expert in your field and that you will have the ability to advise them. Your prospects have a need and they want it fulfilled competently. Think of a time when you were faced with an important buying decision. Do you think that an apologetic and insecure salesperson, one who was constantly wringing his hands, would have made you feel more positive and confident about your purchase? Probably not—in fact, you probably would have found it annoying, maybe even disturbing. With this tendency in mind, when in a persuasive setting, do not be afra

    Reviewing Your Networking Schedule
    I think most of us are pretty sold on the idea of extending our networks. Knowing more people gives you a greater opportunity to be of service. Like many other marketing activities, networking requires an investment – of your money, your time and your commitment. So before paying again for another year’s membership, take a moment to analyse whether this investment has given you the return you expected.Firstly, did you commit fully to the network over the last year. Did you go to meetings regularly, make an effort to meet new people, and then keep in touch with them afterwards? Did you join a committee or become involved in the management of the group?If you haven’t made the grade by participating fully in a network, then you shouldn’t expect a big return. Your decision on whether to stay with this particular network should revolve around whether you plan to put in 100% effort for the next 12 months.However, if you can say - hand on heart - that you invested the right amount of time, then the question really does become about what you got out of it.Here’s a list of things to consider: How many new contacts did you make that you would feel comfortable contacting?  How much new business did you get as a result of being part of the network?  How valuable was the content of the events you attended? What did you learn that has helped you or your business?  How much did you enjoy mixing with the other members?  How much time did you invest with each network?<
    e more wind you also take out of your sales. Your prospects really just wanted to come get a good deal; they didn’t come to hear your discourse on the whole product line. They may listen politely, but as you monopolize the conversation, spouting off about all kinds of sparkles and pizzazz that have nothing to do with their “hot button,” their minds begin wandering to where they’re going to go next. Then, the sale is lost before you’ve even asked for it. Just remember, talk little, and when you do, keep it simple. Information overload is just going to overwhelm and confuse your prospects, and as the old sales adage goes, “A confused mind says ‘NO’!”

    The third reason for asking open-ended questions is that it gives you better control over the conversation and where it’s heading. As soon as your prospects are the ones grilling you, the tables have turned. You lost control. Consider the following question/answer scenarios and you’ll see clearly that the individual asking the questions has control, while, perhaps surprisingly, the one doing all the talking does not have control: an employer interviewing for a job opening, a doctor preparing to diagnose a patient and an attorney questioning a witness. Note that in each of these examples, the individual asking the questions is in some sort of authoritative and/or advisory role. It is not so different when someone comes to you looking for a particular product or service to fit her/his needs. When you are the “interviewer,” you will glean all the information you need to best guide your prospects while still maintaining control over the course the conversation takes, including, most importantly, the sought-after final conclusion where they’ll enthusiastically buy from you.

    The fourth reason for asking open-ended questions of your prospects is that as you let them express their feelings and concerns, it is clearly communicated, albeit in an unspoken manner, that you are sincerely interested in them—always a very important selling technique. Your prospects want to feel that you have their best interest at heart and that you are mindful of their needs. Genuine interest will explode your ability to develop a relationship of trust and solidifying rapport.

    The fifth reason for using questions in your selling strategy is that in discussing the issues that are important to your prospects, they are drawn more proactively into the conversation and thus become emotionally involved. Consider the fact that every purchasing action under any circumstance is an attempt to improve or enhance the current status of a person, place or situation. Why do I consider an emotionally engaged prospect a positive, even necessary, thing? Emotions drive actions; they are the catalysts to closed deals. This is not to say that logic doesn’t play a part in the persuasion process as well, because it most certainly does. Emotions, however, provide the initial ignition. They incite action. Meanwhile, logic is the tinder that continues to burn after the initial energy and excitement end. It keeps the commitment intact because there is still something concrete to point to. Some buying personalities will be more logically inclined, but as a general rule, an emotionally engaged individual is much more compelled to purchase. This is not a statement of one’s intellectual prowess or lack thereof; it is simply a statement of human nature. In a nutshell, all buying decisions are emotional, while logic rationalizes the purchasing decision.

    Another key component of successful closing psychology is the importance of acting with authority. This does not mean that you are arrogant or condescending toward your prospects. It does mean that your prospects have a certain expectation that you will be an expert in your field and that you will have the ability to advise them. Your prospects have a need and they want it fulfilled competently. Think of a time when you were faced with an important buying decision. Do you think that an apologetic and insecure salesperson, one who was constantly wringing his hands, would have made you feel more positive and confident about your purchase? Probably not—in fact, you probably would have found it annoying, maybe even disturbing. With this tendency in mind, when in a persuasive setting, do not be afra

    Use the Internet to Help Your Franchisees
    Many franchised businesses now use the internet to communicate with the franchisor. This communication is mainly by way of an Intranet which is a private computer network. This can be done via the internet or via cables interconnecting the franchise network and serve to enhance the whole franchise network if done correctly.The franchisees can place orders online and check delivery dates. Some of the largest fast food franchises operate "just in time" daily deliveries to their franchise network. This has really enhanced the process and meant that the franchisee can afford to carry lower stock at his premises and dedicate more space to marketing the products.The more advanced systems even allow one franchisee to order goods from another franchisee if the franchisor is out of stock!The tills can now be connected to the franchisors network and all sales relayed instantly to the franchisor. This means that in some cases most of the ordering functions can be removed entirely from the franchisee!For the franchisor this is tremendous and means that they no longer need to rely on the franchisees keeping adequate stock. The franchisees benefits because their work load is reduced even further and allows them to spend even more time on marketing and customer relations.The franchisee can now make online payments both to the franchisor and other suppliers without the need for cheque books, envelopes and postage. Online payment solutions have many advantages over the traditional method. They can help improve cash flow and red
    have control: an employer interviewing for a job opening, a doctor preparing to diagnose a patient and an attorney questioning a witness. Note that in each of these examples, the individual asking the questions is in some sort of authoritative and/or advisory role. It is not so different when someone comes to you looking for a particular product or service to fit her/his needs. When you are the “interviewer,” you will glean all the information you need to best guide your prospects while still maintaining control over the course the conversation takes, including, most importantly, the sought-after final conclusion where they’ll enthusiastically buy from you.

    The fourth reason for asking open-ended questions of your prospects is that as you let them express their feelings and concerns, it is clearly communicated, albeit in an unspoken manner, that you are sincerely interested in them—always a very important selling technique. Your prospects want to feel that you have their best interest at heart and that you are mindful of their needs. Genuine interest will explode your ability to develop a relationship of trust and solidifying rapport.

    The fifth reason for using questions in your selling strategy is that in discussing the issues that are important to your prospects, they are drawn more proactively into the conversation and thus become emotionally involved. Consider the fact that every purchasing action under any circumstance is an attempt to improve or enhance the current status of a person, place or situation. Why do I consider an emotionally engaged prospect a positive, even necessary, thing? Emotions drive actions; they are the catalysts to closed deals. This is not to say that logic doesn’t play a part in the persuasion process as well, because it most certainly does. Emotions, however, provide the initial ignition. They incite action. Meanwhile, logic is the tinder that continues to burn after the initial energy and excitement end. It keeps the commitment intact because there is still something concrete to point to. Some buying personalities will be more logically inclined, but as a general rule, an emotionally engaged individual is much more compelled to purchase. This is not a statement of one’s intellectual prowess or lack thereof; it is simply a statement of human nature. In a nutshell, all buying decisions are emotional, while logic rationalizes the purchasing decision.

    Another key component of successful closing psychology is the importance of acting with authority. This does not mean that you are arrogant or condescending toward your prospects. It does mean that your prospects have a certain expectation that you will be an expert in your field and that you will have the ability to advise them. Your prospects have a need and they want it fulfilled competently. Think of a time when you were faced with an important buying decision. Do you think that an apologetic and insecure salesperson, one who was constantly wringing his hands, would have made you feel more positive and confident about your purchase? Probably not—in fact, you probably would have found it annoying, maybe even disturbing. With this tendency in mind, when in a persuasive setting, do not be afra

    Managing In Today's Business Environment
    Managing a business, as you know, is both an art and a science. You can learn quite a bit from materials available in the market. However, you can get the feel of the business only when you apply those lessons and suggestions, interact with people experienced professionals and then go back again to your lessons. Now you are armed with your own valuable experience. But the question is - what is so special about today’s Business Environment? Is today’s business environment something different than what it was earlier? The answer would be a firm ‘yes’.Earlier the world was divided into isolated zones. If you were given the task of leading a small business, you were expected to keep your views confined to your particular zone only. But now, the world is one entity, despite the political divides. Communication technology has advanced so much that two persons in two different hemispheres can get in touch any moment and instantly. You can travel from one part of the world to the other at very high speed.With technological advancement business avenues have gone up rapidly. Let us take a simple example. Look around you and see the profusion of electronic gadgets in the market. But against all these rosy images, pressure on today’s business leaders is on the rise since competition is getting stiff by the day. So unless one manages his business with all seriousness and with full utilization of his skills, it is quite possible that instead of rising up the business ladder, he may fall head down. Therefore he has to learn the intricacies of dif
    lode your ability to develop a relationship of trust and solidifying rapport.

    The fifth reason for using questions in your selling strategy is that in discussing the issues that are important to your prospects, they are drawn more proactively into the conversation and thus become emotionally involved. Consider the fact that every purchasing action under any circumstance is an attempt to improve or enhance the current status of a person, place or situation. Why do I consider an emotionally engaged prospect a positive, even necessary, thing? Emotions drive actions; they are the catalysts to closed deals. This is not to say that logic doesn’t play a part in the persuasion process as well, because it most certainly does. Emotions, however, provide the initial ignition. They incite action. Meanwhile, logic is the tinder that continues to burn after the initial energy and excitement end. It keeps the commitment intact because there is still something concrete to point to. Some buying personalities will be more logically inclined, but as a general rule, an emotionally engaged individual is much more compelled to purchase. This is not a statement of one’s intellectual prowess or lack thereof; it is simply a statement of human nature. In a nutshell, all buying decisions are emotional, while logic rationalizes the purchasing decision.

    Another key component of successful closing psychology is the importance of acting with authority. This does not mean that you are arrogant or condescending toward your prospects. It does mean that your prospects have a certain expectation that you will be an expert in your field and that you will have the ability to advise them. Your prospects have a need and they want it fulfilled competently. Think of a time when you were faced with an important buying decision. Do you think that an apologetic and insecure salesperson, one who was constantly wringing his hands, would have made you feel more positive and confident about your purchase? Probably not—in fact, you probably would have found it annoying, maybe even disturbing. With this tendency in mind, when in a persuasive setting, do not be afra

    Electrical Safety in the Workplace: What are you Obligated to do?
    The maze of regulations and rules surrounding businesses can be blinding at the best of times, but the last thing you want to do is break a rule that is easy to put in place. Whether you’re a new business owner, or manager of an established business with new equipment, electrical safety in the workplace is one requirement that can be easily fulfilled.While the law does not require electrical testing to be carried out, it does require your electrical equipment to be safe at all times. Electricity will always find the easiest path to earth. Any faults or weaknesses within your electrical installation or portable appliances can go undetected. In the event of another fault developing, this could lead to serious risk of fire, electrocution or death. For example, a 13-amp ring-main without earth continuity could render all metal parts of appliances plugged into it “LIVE” if one item on the ring developed a fault to earth.In 1989 The Electricity at Work Regulations came into force, which clarifies the need to maintain electrical systems safely. Regulations require that “all electrical tools and equipment used by construction workers must be safe to use” and that “any electric tools hired out to end-users must be safe to use”. In the workplace the regulations specify that employers take steps to limit the risk of harm from electricity and electrical systems, and this includes both electrical installations and electrical equipment. These regulations apply to most electrical equipment – consumer, commercial and industrial – operati
    y engaged individual is much more compelled to purchase. This is not a statement of one’s intellectual prowess or lack thereof; it is simply a statement of human nature. In a nutshell, all buying decisions are emotional, while logic rationalizes the purchasing decision.

    Another key component of successful closing psychology is the importance of acting with authority. This does not mean that you are arrogant or condescending toward your prospects. It does mean that your prospects have a certain expectation that you will be an expert in your field and that you will have the ability to advise them. Your prospects have a need and they want it fulfilled competently. Think of a time when you were faced with an important buying decision. Do you think that an apologetic and insecure salesperson, one who was constantly wringing his hands, would have made you feel more positive and confident about your purchase? Probably not—in fact, you probably would have found it annoying, maybe even disturbing. With this tendency in mind, when in a persuasive setting, do not be afraid to demonstrate your expertise. You could even look at the seller–buyer relationship as a student–teacher relationship. Think of yourself as a consultant or an advisor. You are the doctor of sales. That is, you are diagnosing your prospects’ condition and recommending a cure. When you look at the selling scenario that way, you are practically under obligation to conduct yourself as an authority figure.

    Hand in hand with the need to act with authority is the need to be assumptive. What do I mean by this? Assumption relates especially to the final stage of your close, when you’re waiting to hear your prospect’s final decision. Many salespeople hate this part of the selling transaction. They build rapport and shoot the breeze just fine, but then when it comes down to closing the deal, their whole demeanor changes. They suddenly become tense as they ask their prospect what s/he wants to do. They then cringe as they wait on pins and needles for the prospect’s answer. How do you think this type of demeanor makes your prospects feel? If it hasn’t happened to you before, I can tell you—it freaks them out. They may not be able to pinpoint it exactly, but they sense that something isn’t right and then walk away from the deal based on that one moment alone. Such a backing-down response could be a conscious or subconscious reaction. Everything else could have gone perfectly. Remember, a confused mind says “no.”

    If you’re this type of salesperson, you’ve got to talk yourself through the process. Prospective buyers clearly want to buy; after all the time and energy they spend on trying to make a decision, they want you to confirm that their decision to purchase is a good one. How do you make them feel that way? You have to assume the sale. In other words, in your mind, it’s already a done deal. By acting assumptive, you yourself will feel confident and more at ease, and consequently, you’ll make your prospect feel much more comfortable, too. As you implement this tool, you’ll quickly discover that the more assumptive you are, the easier people close—in fact, they’ll often close themselves. You’ll just have been the vehicle that assisted them to the obvious conclusion. Conversely, you’ll discover that buyer resistance usually only emerges as your own uneasiness is apparent.

    There is a story of an old man who goes to a dentist because he has a tooth that is killing him. He has been putting it off for months and finally he has to get the tooth taken care of. Once there, the dentist agrees that the tooth needs to come out. The man asks the dentist how much it will cost. The dentist replies that it will be about $250. The old man yelps and yells, “Two hundred fifty dollars to pull out a tooth?!!” Then he asks how long the procedure will take. He is told that it will take about five minutes. “Two hundred fifty dollars for five minutes of work? That’s highway robbery!” the old man protests. He then asks the dentist how he can live with himself charging people that kind of money. The dentist smiles and says, “If it’s the time you are worried about, I can take as long as you want.” When planning and preparing your call to action, remember that the process does not have to be long and painful. Be short, be brief and be to the point.

    The final component of successful closing psychology that I’m going to discuss here is the need for persistence. Calvin Coolidge said,

    Successful people always have high levels of persistence, and don’t give up until they have reached their objective. Nothing in the world can take the place of persistence. Talent will not. Nothing is more common than unsuccessful men with talent. Genius will not. Un-rewarded genius is almost a proverb. Education will not. The world is full of educated derelicts. Persistence, determination and hard work make the difference.

    I love this quote because it’s so easy for us to get bogged down in all the “I’m not smart enough, talented enough, experienced enough” mindset. Successful closing comes down to numbers. Plain and simple, it’s a numbers game. Only by sifting and sorting through X number of prospects will you secure Y number of deals. There is no other way around it. In the sales industry, even amongst the most seasoned professionals, a 20 percent close rate is considered

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