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3 Strategies to Finish the Month Strong - Cardone Mastermind Event Live

7.1K views
•
October 26, 2016
by
Grant Cardone
YouTube video player
3 Strategies to Finish the Month Strong - Cardone Mastermind Event Live

TL;DR

Learn effective strategies for sales success, including follow-up techniques, qualifying questions, and overcoming objections.

Transcript

guys welcome to the Cardona University Cardone on-demand mastermind we do this every single Wednesday my name is Steve spray I'm coming to you live from the 305 whoa Trick Daddy voice and what we do here every single week is we come to you and we get together so there's gonna be a lot of people on this call there's gonna be sales people sales manag... Read More

Key Insights

  • 💨 It's important in sales to find ways to provide value during follow-up interactions with customers.
  • 😷 Asking for help and guidance from managers can lead to valuable insights on closing deals.
  • 😷 Taking control of the conversation during cold calls can be achieved by asking qualifying questions and finding moments to interject.
  • 🎏 Commission structures for sales reps should align with revenue streams and include tiered structures and bonus incentives.
  • 🎮 Utilizing video messages, such as selfie virtual videos, can be an effective strategy for standing out and building rapport with potential clients.
  • 🥳 When selling to multiple decision-makers, it's important to understand their decision-making process and try to schedule a meeting with all involved parties.

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Questions & Answers

Q: How can I improve my cold calling technique and qualify potential clients better?

One way to improve your cold calling technique is by utilizing the Master the Cold Call course in Cardone University. Additionally, asking qualifying questions during the call can help determine if the client is a good fit for your product or service.

Q: What do I do when a potential client keeps talking and doesn't let me interject?

In this situation, it's important to find moments to interject and gain control of the conversation. You can ask questions like, "What do you mean by that?" or "How can my product/service help you with that situation?" to redirect the conversation back to your product's benefits.

Q: How can I structure commission plans for my sales reps?

To structure commission plans, you need to first understand how you get paid as a business. Identify the different revenue streams and match each revenue stream with corresponding targets for your sales reps. Consider tiered structures and bonus incentives to motivate your reps to reach higher goals.

Q: How do I handle a cold call when a potential client keeps going into a story mode and wants to end the conversation?

If a potential client is going on and on, it's important to acknowledge what they're saying while finding ways to interject. You can ask questions like, "What do you mean by that?" or redirect the conversation by asking, "How can my product/service help you with that situation you mentioned?"

Summary & Key Takeaways

  • The Cardone University On-Demand Mastermind provides weekly live sessions to help individuals in sales improve their skills and achieve success.

  • This particular session focuses on end-of-the-month strategies for salespeople, offering tips on follow-up techniques and providing value in customer interactions.

  • The session also covers the importance of asking for help and guidance from managers, as well as qualifying questions to ask potential clients.


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