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Now Is A Great Time To Sell!


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/


MORE RESOURCES:

Sales - Google News

Treasury to Sell Floaters in Second Half of Year, Dealers Say - BusinessWeek


Treasury to Sell Floaters in Second Half of Year, Dealers Say
BusinessWeek
The Treasury Borrowing Advisory Committee, the group of bond dealers and investors that meets quarterly with the Treasury to share insights on the debt market, unanimously endorsed the sales, according to minutes of the group's meeting released Feb. 1.

and more »

Apotex pays Bristol, Sanofi damages over Plavix - Wall Street Journal


Apotex pays Bristol, Sanofi damages over Plavix
Wall Street Journal
Apotex Corp., Canada's biggest drugmaker, has paid Bristol-Myers Squibb Co. and Sanofi SA, the two brand-name drugmakers that jointly sell Plavix, $442.2 million in damages ordered over its improper sales of a generic version of Plavix in 2006.

and more »

Beer sales could be boon for Arizona's universities - AZ Central.com


Beer sales could be boon for Arizona's universities
AZ Central.com
Several Arizona representatives have proposed a bill that would open the door to selling beer and wine to the general public at state university sporting events. My gut reaction was "never" as I envisioned stadium students sections turning into a ...

and more »

Fed Sells $6.2 Billion of Bonds From AIG Rescue to Goldman - San Francisco Chronicle


Wall Street Journal

Fed Sells $6.2 Billion of Bonds From AIG Rescue to Goldman
San Francisco Chronicle
The New York Fed in June ended its earlier plan to sell Maiden Lane II assets through regular auctions, following sales of about $10 billion. The face value of the assets had dwindled to about $21 billion when the auctions were halted.
Goldman in $6.2bn toxic asset dealFinancial Times

all 39 news articles »

Orchids Paper Products Company Reports Record Quarterly Converted Product ... - MarketWatch (press release)


Orchids Paper Products Company Reports Record Quarterly Converted Product ...
MarketWatch (press release)
The increase in converted product sales resulted from a 46% increase in converted product tonnage shipped and a 2% decrease in net selling price per ton. The increase in shipments was due to a combination of new product sales which were primarily in ...

and more »

iPhone on Sprint: Great for sales, terrible for profits - Christian Science Monitor


Christian Science Monitor

iPhone on Sprint: Great for sales, terrible for profits
Christian Science Monitor
The Apple iPhone was the top-selling smartphone of the last quarter, according to a new report from the International Data Corporation – the king of a smartphone market that has expanded by as much as 55 percent over the past year.
Sprint's iPhone sales can't stem lossesSan Francisco Chronicle
Sprint's First iPhone Sales Add to Wider LossWall Street Journal
You can lose money selling iPhone, just ask SprintBetaNews
Slate Magazine (blog) -Fox News -Forbes
all 546 news articles »

Wells Fargo's Carroll eyes cross-selling by brokers - Reuters


Wells Fargo's Carroll eyes cross-selling by brokers
Reuters
Wells Fargo is known to carefully track sales of credit cards, insurance and other products to its bank customers. And executives have embraced the idea of cross-selling. The firm does not have any mandatory cross-selling sales goals for its brokers, ...

and more »

Las Vegas Still Selling More Homes in January, Yet Prices Still Declining - World Property Channel


Las Vegas Still Selling More Homes in January, Yet Prices Still Declining
World Property Channel
The local housing market began 2012 in much the same way it ended 2011, local home sales increased compared to the same month last year while prices dipped. "We continue to sell existing homes at a record pace and at bargain prices," said greater Los ...

and more »

Newsstand Report: Sales Down Across the Board, Elle Plumets 18%, and ... - Fashionista


Globe and Mail

Newsstand Report: Sales Down Across the Board, <em>Elle</em> Plumets 18%, and ...
Fashionista
Glamour was at the industry average, selling an average of 469544 copies. Marie Claire wasn't far behind, falling 8.9 percent to 231054 and W's newsstand was down 7.4 percent to 20426. Harper's Bazaar's single-copy sales fell 7.3 percent to 147194.
Canadian magazine sales slip in 2nd half of 2011Globe and Mail
Newsstand magazine sales down 10% in USChina Post

all 106 news articles »

Average Salespeople “Fly By The Seat Of Their Pants” - Utah Pulse


Average Salespeople “Fly By The Seat Of Their Pants”
Utah Pulse
If you feel that selling isn't hard work you probably aren't as successful as you could be. 2. Salespeople don't think through the sale as they should. If you don't know the who, what, where, when, why and how of the sales opportunity, you are missing ...
The Forum Corporation: New Survey Finds That Traditional Relationship Selling ...MarketWatch (press release)

all 5 news articles »

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