Does a CRM get you better appointments?

I spent a very late night this week customizing a CRM, standardizing data, importing it and creating a new reports...in fact the whole process took about two weeks.  Somewhere around 2am I asked if it was really worth it.

The answer is yes.  Why?  Because in sales prospecting two elements have to be perfectly balanced:  efficiency and effectivenss.

You have to be efficient at making calls, printing letters and sending emails...the more efficient you are, the more prospects you contact and the more results you generate.  But you also have to be effective...contacting the right people, in the right industry and at the right size companies.

And the key to being both efficient and effective is having the right tools.  And that means the right tools which let you address the requests of prospects immediately and move on to the next.  In my experience, both small companies and large fail their staff in this area, but it's their obligation to provide the right tools if they are going to require results and compensate based on results (as they should!).

So yes, if you are a sales prospector/appointment setter, it's worth having a well-tuned CRM.  And if you are a manager or company owner, it's also in your best interests, so put in the time & money it takes to get it right!

How to be the most knowledgable telemarketer

You would think the best approach to being a highly knowledgeable prospector or sales person would be to study diligently and immerse yourself in all the details about your service or product.

But you'd just be deceiving yourself. It's impossible to know all the answers to every question a prospect might throw at you. Most likely they have years of expertise in their field and you will always lack their level of knowledge...so don't even try to impress them, you'll just look silly.

But you can sound intelligent and prepared by remembering one key point: the person asking the questions ALWAYS controls the conversation.

It's simple, but difficult to do in practice. The key thing you need is not more knowledge, but the ability to answer with a question.

Some question versions which work well are: "That sounds like an important issue to you; can you tell me why?", or "I'll check into that, but can you tell me how you've handled it in the past?", or "That's a great question; how would you be using that feature?"

Always remember, you are the sales expert, not the product expert!