Skip to main content

Prospecting When Starting Out

When sales people get started in the business they are often without prospects. How does one sell to people when they don't have anyone to talk to? Some are told to create a "warm market" list, which is basically a list of people they already know and feel comfortable approaching. Others are told to "get out there and knock on doors". Of course, we all know how effective that is.

There are so many issues with all of this. First of all, why is the person with no contacts getting into a business that requires contacts? The answer is not difficult to find. They have been told by someone, either the sales recruiter or an acquaintance, that there is a lot of money to be made. I typically lay the blame at the foot of the sales recruiter though, as they are the ones who know about their company, their culture and, most importantly, the success rate of the other sales reps that have come and gone. 

One other point I'd like to make is that these companies are set in their ways. In a year when a pandemic has sidelined many salespeople from going out to see their clients, the reps are being told to hold steady and keep doing whatever they were doing. Instead of adapting to the new paradigm with phone calls, virtual meetings and other safety protocols, many people are trying to sell traditionally. 

For some industries, they have no choice. Realtors still have to show homes, even though a lot of the groundwork can be done with photos and virtual meetings. But people want to be able to get into a home and physically see what they are spending a lot of money on.

The same goes for car sales. I bought a car this year, but I spent a lot of time on the internet browsing first before going to the dealership in person to test drive the vehicle.  

Going back to the original point, if I needed to find prospective buyers, what would I do? There are two scenarios that need to be considered. 

  1. I have an employer that will give me some sort of guidance, marketing materials, training, etc. 
  2. I am self-employed or a business owner and starting to look for customers on my own without any help. 
In the first case, my advice is to look around the company and ask a lot of questions like, "What happened to the previous sales people?" If you know any of those people or have access to them, ask them some questions. You may be surprised to hear that the company was good and supportive.

I would also suggest you test the market ahead of time. Talk to some of their customers and see how they feel about the product. I did this years ago when I was considering a position with a company only to find out that most felt that the product was antiquated and "old timey". Apparently, someone had built a better mousetrap and my perspective employers hadn't kept up with the new technology.

The second case, in which someone is starting a business from scratch, is more difficult but can be great for a creative and "out of the box" thinker. The most successful people in this scenario are the ones who have some experience in the industry. They have seen others struggle and have devised a new or more efficient way to get to their prospective clients. 

As an insurance agent, I've seen the revolving door of agents. For the most part, they quit because they aren't successful using the "proven sales methods" that they have been taught. Others have moved on and become successful in their own right because they found their own way of marketing that fit their personality. 

Don't be afraid to try something new, even if your sales managers aren't on board. If it doesn't work move on to something else. But if your new method is successful, you can be assured your manager will approve and try to copy it. 

If you have any insight on this, let me know by leaving a comment below. In the meantime, happy selling and stay healthy! 

Chris Castanes is a professional speaker who helps sales people succeed through workshops and humorous presentations. He's also the author of "You're Going To Be Great At This!", a humorous look at sales. For booking information, click here. He's also the president of Surf Financial Brokers selling life and disability insurance in several states.

Comments

Popular posts from this blog

Adam Griggs Discusses The Entrepreneurial Journey

As entrepreneurs, business owners and other self-employed types, we are always try to learn how to work efficiently, maximize profits and keep our focus on the future. Sometimes, we overlook an obvious resource. By listening to the stories of how others in our shoes have made the journey to successful business person, we can see how our own stories are either similar or completely different. I personally love reading biographies of successful business people throughout history. Recently I finished David McCullough's book, "The Wright Brothers". Most of us know the story of these two bicycle shop owners who figured out how to fly and control the flight. However, there were other parts of this story that I learned. Their tenacity, business acumen and planning were integral to their success.  This is usually the case of most successful people.  By reading or hearing of these kinds of examples, we can look at our experiences to learn as well. Recently I had Adam Griggs of the...

Dave Campbell Discusses Being Action Oriented

I recently had a great talk with Dave Campbell from True Media Solutions and host of 9 (!) podcasts. We discussed how people don't take action and delay their goals because they are waiting to learn more and their desire to make it "right the first time".  If you are in the process of starting a business, a podcast or any other project, and you keep putting it off until you think the time is right, now is a great time to listen. And please subscribe or follow. Chris Castane s is a humorous speaker who helps sales people succeed through workshops and humorous presentations. His new book, "Nearly Motivated" is available on Amazon. For booking information,  click here . His new podcast,  "You're Going To Be Great At This!"  is available on most platforms.   He's also the president of  Surf Financial Brokers  selling life and disability insurance in several states.

Changing My Scheduling Calendar For 2025

This blog usually has actionable sales tips and advice to help you succeed in your business. This time, I wanted to take a look at another part of your business, which is scheduling appointments or sales calls or whatever you need to schedule.  Having a scheduling calendar that your prospects can make your job so much easier. Instead of calling back and forth to pin a time to meet down, you can let your prospect/client pick their own time. According to FinancesOnline.com, online scheduling can lead to 26% more customers, so sharing your calendar is a real no-brainer. I have a Google calendar that I use to book appointments, but I have also been using Calendly and sharing it on my website and social media. The two calendars are supposed to sync up to avoid double bookings, but recently I discovered an issue.  I had blocked out a couple of days on my Google calendar for a business conference, but Calendly was still showing those days as available. After trying to find a way to f...