Many
leaders and managers, especially in sales, have this thinking that the sales
target for every sales person should be about the same as the industry
standard. The truth is that it is not even close to the average!
Most
people have this mind-set that they can only achieve THAT much. Hence, when
they believe that they are able to achieve X amount of sales per month, most of
the time they will reach the figure based on their set amount. The manager and
leaders will also take this as normal and are happy with what is happening.
However,
80% of them, who do not have a vision or even believe in themselves, will not
even come close to 50% of their target. The other 20%, who have a vision and
believe that it can be achieved, will be able to achieve their goals, usually
with minimum effort.
Here’s
the problem—they do not know how much they
can really achieve; they do not know how much further they can stretch.
Whatever the manager told them initially, that is what they will believe and
use as a benchmark.
Many
have this problem, as they have set a certain standard for themselves. Some
will say that they can only sell items that are $500.00. Hence, they will not
be able to handle products and services that are valued in the thousands or
even tens of thousands of dollars. Some will say they can only sell this total
value per month; anything more than that, they will not be able to achieve. And
even if they do achieve the amount before the month’s end, their body and
mental engines have already switched off.
I
remember, many years ago, there was a sales lady who was working with me. Her
monthly sales were about $5,000, and apparently, she was pretty satisfied with
how she had performed. However, after I guided her through the next few rounds,
I transformed her thinking and raised her standard higher so that her $5,000 became
so easy that she started to sell more than $5,000.
Here’s
what I did: I raised her standard from $5,000 to $50,000 per month. At first,
she felt it was impossible; in fact, any logical person would say that I was mad.
However, I had previous experience that it could be done, and I knew how to do
it.
I
showed her how to do it faster and more effectively. With examples and proofs,
I showed her how, by doubling her contract value and filtering away “low grade”
clients, she would be able to talk to more qualified people and sell more
contract value. Hence, making $5,000 seemed to be peanuts
for her! She laughed at herself for being previously satisfied with only $5,000
in monthly sales.
What
was her result? She achieved $62,250 sales within the next month compared to
her previous mediocre sales amount. With that kind of interesting sales
figures, her take home commission was many times more than any normal sales
person for almost a year. She was laughing all the way to the bank….
The
Stretching Method:
To
ensure that this stretching method works, you should have a fairly good
relationship with your employees who are working with you, as trust and
communication are very important. Your employee needs to believe that what you
say is potentially possible (although the initial response will usually be that
it is humanly impossible), and if they have any problems with the process or
methods, they should be able to approach you and ask you questions without any
fear that you will be reprimanding them. In this way, the employees will be
able to ensure they are headed in the right direction and be able to go towards
the target with maximum guidance for maximum results.
Achieving
more sales is very possible if you know what to do and how to do it. Also, you
must throw away all the old beliefs and traditional standards you have set
previously and be open to new ideas.
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