Increase Emotional Bank Account - Another Sales Strategy to Win More Sales

Are you wanting more sales? Most professionalfrom a needs prospective, luxury cars would not
sales persons will answer "Of course" and may bebe sold.
thinking "What a stupid question?" So why areMany sales people understand that they must
your sales not where you want them to be?emotionalize the sales process for their
Did your excuse withdrawals, no I mean yourprospective customer, but fail to emotional the
thoughts, turn to:same process for themselves. If truly want to
- Bad economy?increase sales, then build up your own emotional
- Bad time of the year?bank account. Your emotional bank account will
- My prices are too high?hold all the reasons for securing the gain to
Years ago I read about some salesmen in the lateincrease sales and avoiding the pain if you do not
1900's selling electric generators to farmers whowin more sales. Sales Coaching Tip: If you sales
still did not have electricity. Now is the time tocoach does not have a process to help you
stop the excuse withdrawals and explore whyemotionalize the whys of your behavior and you
you must add to your emotional bank account.are not getting the results fast enough, you may
One of my clients shared with me that shewish to talk with him or her.
determined that her daughter needed to attend aTake a piece of paper and fold it down the middle
private military school which would cost her(vertically). On the left side list all the "why pains"
$100,000. As a widowed and consequently singlefor not realizing your goal to increase sales while
mother, she wanted to give her daughter theon the right side list all the "why gains" for
necessary self leadership skills to be successful inachieving your goal. Then start writing. Make no
life. The local school, even though good, would notjudgments if what you write sounds silly. This is
help her daughter. So, she quit her job, applied forfor you and only you.
a potentially high paying commission based salesI have one executive sales coaching client who
job that she truly did not have the experience,literally had to list at least 20 items in both
but her emotional determination allowed her to becolumns before taking action. However, once he
successful. She then went on to earn a salary 3did embrace this process to emotionalize his
times her past one and achieve her goal.behaviors, he doubled (17% new growth) his
What this client did was to add to her emotionalhistorical average sales growth percentage (7-8%
bank account. She kept adding emotional reasonsannual growth) and has maintained that growth
why her daughter needed this expensivefor 5 years.
education. And yes, now 10 years later, she saidFinally, keep your withdrawals (excuses for not
the investment was well worth it.winning more sales) to a minimum. Negative
Human beings are emotional creatures. They buyemotions can quickly deplete your bank account.
because of the desire, the want and justify thePlease note, an excuse is different than a "why
purchase because of the need. The automobilepain."
industry is one of the best examples. A no thrill,Remember, sales is an emotional process for both
plain car gets you from point A to point B just asthe buyer and seller. Keep your emotional bank
well as a luxury one. Yet, if people only boughtaccount strong and you will increase sales.