Its official. The news just came out. Yes, we are now in a recession!
Duh. As if you didn't know.
Companies big and small have been laying off their employees right and left all year.
The stock market sucks.
And now they tell us we are in a recession.
Big deal. I say that now is a great time to be selling.
Why?
Well first consider when the worst time to sell to is. The worst time to sell is when people are complacent.
When someone is complacent, they are comfortable. And if they are comfortable, they are not in pain. And if they are not in pain about anything, then they don't need or want anything. And if they don't need or want anything, then they won't be buying anything!
The best times to sell are when people are in pain because their business is either expanding or contracting. For the latter half of the 90s, businesses were expanding like crazy. Although this is something we consider to be a good thing there is pain associated with it. The pain is in keeping up with, or being prepared for the growth.
As a result, people and business bought like mad in the late 90s.
Now businesses are contracting. There is even more pain in this. If you can help businesses (or individuals) to reverse the contraction, make more money, or make the contraction less painful by saving them money, then you have an opportunity for a sale.
The difference is now businesses are tighter about their money. You have to get to the real decision-makers faster, and establish value faster. During boomtimes you can be a bit sloppy in your selling. During contractions you can't afford to not be at the top of your game.
I know this is obvious to many of us, but sometimes its easy to use news that "we are in a recession" as an excuse for why our sales suck.
If your sales are sucking wind at the moment, figure out a way to uncover some pain that you can solve now for your prospects with your products and services.
If you can't figure out a way to do this, then go sell something where you can.
Today's economy is different, and there are different motivations driving it. Move with the trends, not against them.
© 1999-2004 Shamus Brown, All Rights Reserved.
Shamus Brown is a Professional Sales Coach and former high-tech sales pro who began his career selling for IBM. Shamus has written more than 50 articles on selling and is the creator of the popular Persuasive Selling Skills CD Audio Program. You can read more of Shamus Brown's sales tips at http://Sales-Tips.industrialEGO.com/ and you can learn more about his persuasive sales skills training at http://www.Persuasive-Sales-Skills.com/
![]() |
|
![]() |
|
![]() |
|
![]() |
Instead of giving your customers or potential customers a choice... Read More
Wherever you turn these days you'll find articles covering every... Read More
Robert Louis Stevenson said 'Everything in Life is Selling' and... Read More
Business owners should be more like doctors.Forget selling and start... Read More
Over the years, many prospects have hidden behind their well-trained... Read More
I'll play a seller, using conventional selling methods, selling something... Read More
It's early January 2004. The Green Bay Packers are just... Read More
"Accepting the consequences, good or bad, will free you; take... Read More
Benefits are what motivate people to purchase from you, right?... Read More
Virtually every business you contact has this question in their... Read More
Sometimes we can all use a friendly reminder to keep... Read More
A conversation: The Salesperson: "I don't cold call-I want to... Read More
For two winters I heated my house with an old... Read More
Not all mannequins are made to look like full-grown adults.... Read More
You arrived on time and completed your calculations. You worked... Read More
Want to build a relationship -- sell yourself for a... Read More
The fastest way to get a decision made is to... Read More
1. Make your reader visualize they have already bought your... Read More
Who among us is not already up to here with... Read More
1. When you make your first sale, follow-up with the... Read More
Whether you're a conventional sales person, a professional ? such... Read More
The best of all worlds is to have a product... Read More
The time comes for all mortgage brokers and loan officers... Read More
If you are in the mortgage business, the very first... Read More
Lance has what it takes and then some.Did you know... Read More
"Open-source" is typically found in the Information Technology area as... Read More
Steps - it is unrealistic for most salespeople to expect... Read More
The purpose of a 1- or 2-hour seminar is to... Read More
No matter how big or small your business is and... Read More
Consulting Vs Selling, How we can make sales by not... Read More
I've recently been hearing sales companies talk about how they... Read More
Special Requirements for Reprint: we ask only that you include... Read More
We all learned in Sales 101 we must follow up... Read More
Here are five sure-fire ways to guarantee you will not... Read More
Over the years, I have been amazed at... Read More
Now business owners and sales professionals can develop a Faster... Read More
Going into your workday and waiting for things to happen,... Read More
HANDLING OBJECTIONSSales presentation is not always going to be plain... Read More
Selling With Purpose What is it about selling that makes... Read More
Want to build a successful incentive program for your company?... Read More
Selling is not talking. It's listening. You may have heard... Read More
One of my first internship jobs as a college student... Read More
How do you get people's attention and build their interest... Read More
A sales letter is a document designed to generate sales.... Read More
Ever had a party online or offline, and had guests... Read More
Why do we get into sales? Typically it is two... Read More
Many companies are looking to improve upon the speed, security,... Read More
You know that word of mouth can grow your business.... Read More
Your choice of materials for store fixtures includes wood, metal,... Read More
What can strike terror into the heart of even the... Read More
Value is in the Eye of the BeholderSales today is... Read More
Anyone that works in sales knows just how important it... Read More
Always give a reason for the sale for credibility. 1.... Read More
(Objection handling tips excerpted from Objections! Objections! Objections!)People buy people.... Read More
The number one requirement, whether you are a business owner... Read More
Here's a chilling thought. If you were to die tomorrow,... Read More
Have you ever gotten frustrated when you realize that your... Read More
You have a great product, but it's not flying off... Read More
We all have people whom we find difficult. We don't... Read More
For centuries ? at least since the serpent convinced Eve... Read More
Benefits are what motivate people to purchase from you, right?... Read More
The best day of the week is TODAY, of course.... Read More
In the work place, the amount of good things that... Read More
This issue's topic was suggested by a sales rep for... Read More
The question: "When should a growing company slow down its... Read More
Selling isn't something you do to people, it's something you... Read More
Sales |