NZ Sales Manager e-Magazine

Page 1

OCTOBER 2012 Issue 65

NZSALES

How’s the Heat Under Your Seat? Lessons from ‘The Art of War” Connecting with your audience B2B Sales Qualification launched What do you want your customer to do next? NZ’s e-mag for sales leaders


CONTENTS 6 THIS WEEK'S MUST READ

How’s the heat under your seat? Time Management

10 Lessons from “The Art of War”

A perspective on Sales Leadership

14 BOOK REVIEW

Strategic Sales Presentations

15 Quick Fix

It’s not what you sell, it’s how you sell.

16 FIVE MINUTES WITH

TRACY COUSINS

18 TWO MINUTE TOP-UP

CONNECTING WITH YOUR AUDIENCE Using ABCDE

21 CALENDAR

22 B2B SALES QUALIFICATION LAUNCHED

23 THE CLOSE www.nzsalesmanager.co.nz / 2


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ABOUT / Short and sharp, New Zealand

FROM THE EDITOR

N

Sales Manager is a free e-magazine delivering thought provoking and enlightening articles, and industry news and information to forwardthinking sales managers, business owners and sales professionals.

EDITOR / Paul Newsom

ew Zealand’s first

the sales qualifications. They

ART DIRECTOR / Jodi Olsson

sales qualification

also administer the well

GROUP EDITOR / Trudi Caffell

has been a couple

established qualifications in

of years in the making, so

retailing. Check this out, and

it is great that the Retail

post your thoughts through

Institute have now released the NZQA Level 3 National Certificate in Sales. The adoption of B2B sales qualifications and assessment will provide sales people with a recognised qualification and provide employers with a benchmark of capability, and allow them to offer more structure for career progression.

the NZSM LinkedIn group.

CONTENT ENQUIRIES / Phone Paul on 04 586 4733 or email pauln@nzsalesmanager.co.nz ADVERTISING ENQUIRIES /

In this issue we kick off a new

Phone Richard on 09 551 0607 or email

regular feature where we fire

richardl@espiremedia.com

a few questions at one of the

ADDRESS / NZ Sales Manager, C/- Espire

Nations sales professionals.

Media, PO Box 99758, Newmarket,

There are thousands of us

Auckland 1151, NZ

out there each and every day facing the challenges of sales and sales management, and

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ISSN 2230-4762

enjoying the rewards as we go. We hope you enjoy the

The Retail Institute are

thoughts and reflections of one

not training providers,

of your peers in each issue.

rather they are the Industry Training Organisation that is

Happy Selling

responsible for administering

Paul

NZ Sales Manager would like to acknowledge the support of our major partners Gold Customer Relationship Management Silver Independent Software Vendor (ISV) Silver Learning

Microsoft Dynamics CRM

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MUST READ

How’s the heat under your seat? Time Management By Jeff Ribman

T

ime is increasingly

We know that effective managers

effort, feeling out of control,

becoming a scarce

of time prioritise and they’re

taking time off work, heart

resource. Many of us find

disciplined.

attacks. The list is endless – there

These two words are the key ones

are many reasons to make this

that we are time poor – too much to do and not enough hours in the

to keep in your mind when going

topic a priority for you.

about your daily business. Is this a

All time management

priority? Am I disciplined enough

programmes will tell you to keep

to only work on the priorities?

a time log on how you spend

Think about some of the

your time – awareness of where

dependent on staff’s ability to

consequences for not managing

your daily 24 hours is going is

manage their time effectively. It

time effectively: stress, anxiety,

the first step on working out

relies on staff spending time on

missed deadlines, missed

how effectively you’re using your

the tasks that will generate the

opportunities, missed family

time at the moment. Only when

greatest return. Spend time on

time, not turning out the best

you have awareness of this can

things that will make a difference

work, appearing unprofessional,

you look for ways to make any

to the business.

feeling dissatisfied with your

adjustments.

day. Increasing demands at work with fewer resources make time management skills more critical than ever before. Business success is becoming

www.nzsalesmanager.co.nz / 6


MUST READ

Many people don’t go to the trouble of doing a time log however (it takes time!) and as a result they never fully understand

how to get the most out of every moment. This is where ‘priorities and discipline’ come in – a time log is a priority to get you started,

discipline is required to do it.

When thinking about how you

leaving money on the table for

Check all the time whether your

spend your work time there are

the next professional that comes

activities are aligned to these

two questions that should come to

in to their office. Take the time to

things. It takes awareness of what

mind every time:

truly listen to your customers and

you are doing and then discipline

1. How is it helping me keep the

discover why they want to move

to work out how to minimise the

forward with you today instead of

things that are distracting you

waiting to replace a broken item.

from getting on and doing the job.

Discretionary

hrs

business? 2. How is it progressing new business?

Sales people are in the business of generating sales – your

When you are in front of customers are you spending time with them or investing time in them? You invest time to help discover more needs and wants for your customer. If you are just spending time, you might be

Look at it from a global perspective:

The consequence is a disruption to your ‘life-work’ balance.

organisation relies on your ability

Take some time to understand

to do one of these three things

how to work out what your

while in the field:

priorities are.

1. Prospect

Steven Covey developed a model

2. Present 3. Follow up.

to help work out which tasks should be done first, which ones should be planned, minimised or 7 / www.nzsalesmanager.co.nz


MUST READ

eliminated. His model requires you to think about your tasks in terms of how important and urgent they are. Sometimes you are asked to do something urgently however if you think of the importance of that task in helping you achieve your business outcomes, it ranks as low. Conversely, many things we don’t do are the things that are important to the business. We don’t do them because they haven’t become ‘urgent’ yet!

High

URGENT

Low

High I M P O R T A N C E Low The majority of your time should be spent in quadrants 1 & 2

You can usually gauge the

They may not be urgent yet but

poor planning on someone else’s

importance of a task by the feel

are likely to become urgent as the

part means that the task becomes

of the ‘heat under your seat’

deadline for completion looms

urgent on your part.

when you don’t do it. The size of

closer. Identify these tasks and

the consequence for not doing

schedule some time to do them.

something is the ‘heat’ and it’s

Stick to the schedule!

under your seat because it’s your responsibility. Thinking about ‘the heat under your seat’ is a great way to work out what you need to be doing. The disciplined time manager will plan to do these

The ‘could do’ tasks (quadrant 3) are often those that have been left to the last minute and have now become urgent. They distract you from the important tasks because

For example, your manager has left their business plans to a week before it’s due and now they realise they need some information from you. Due to the urgency of the plan, you need to drop what you’re doing and get them the

of their urgency – they need to

information they need. If you had

be done now! Once you work out

been given a month’s notice about

The ‘should do’ tasks (quadrant 2)

what these are, the next step is

this, you would have recognised

may include those tasks that will

to work out how to minimise the

that it was important, but not

help you progress the business.

number of these tasks. Sometimes

urgent, and planned to do it.

tasks and stick to the plan.

Here are some other examples of what other tasks could fit into this model.

Must do:

Make appointments for key customers

Should do:

Develop processes to make my reporting requirements easier Territory Plan

Could do:

Answer queries from customers who are not important ones

Eliminate:

Offering catering when I can get the appointment without it. Too much time on small talk

www.nzsalesmanager.co.nz / 8


Find another way

sandwiches, make them, wrap

A key part to time management

them up, put them in the freezer,

don’t like doing or are too big

is being alert for different ways

put the ingredients away, clean the

to get started

to achieve the same outcome.

mess. 30 mins per week, 26 hours

There is usually always another

a year – 39 hours saved on this

way, we often just don’t look for it.

chore. That’s almost a full working

Consider this simple analogy:

week per year.

If you had to make 3 lots of

Develop your ability to question if

much, some being outside our

sandwiches for lunches 5 days a

there is another way to complete

key objectives

week, each time it takes about 15

some of the tasks you are

minutes to get all the ingredients,

required to do as part of your job.

make 3 sandwiches, pack them up,

Explore alternatives. Get creative

put the ingredients away, clean up

and share your great ideas with

the mess. 15 mins/ day x 5 days a week = 1 hr 15 mins a week x 4

the team.

weeks a month = 5 hours a month. Typical road blocks 5 hours a month. 65 hours a year

We all have some of them. Know

making sandwiches!

what yours are and be disciplined

Procrastination – jobs that you

Perfectionism – known to be the thief of time – think about the 80/20 rule

Not saying ‘no’ – taking on too

Interruptions –dropping important things for someone or something else

Emails - too much, too often

Socialising – too much, too often

Surfing the web – too much, too often

about not letting them get in your The other way: once a week get

way of achieving your goals. Here

What are the other things that get

out all the ingredients for a week’s

are some examples:

in your way? ■

Jeff Ribman is a Business Mentor with a breadth of expertise from start-ups, to sales, to succession planning. For more information, visit www.linkedin.com/in/jeffribman

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Lessons from “The Art of War” A perspective on Sales Leadership By Alex Chan

2

,500 years ago the

Vietnam and Korean Wars. Today

the world. In today’s challenging

Chinese general Sun

it can be found in the business

economic times, what attention

Tzu wrote a 13 chapter

section of your local book store.

should leaders give to these

‘how-to’ manual on winning

It is studied in military academies,

ancient writings which are just as

war. It has been suggested that

read by sports coaches, and

relevant in the 21st century as they

if the United States of America

by CEOs. It has formed the

were when they were written?

was more familiar with this book

basis for conducting business in

Today’s managers would do well

sooner, they may have avoided the

competitive environments around

to heed his opening words in

www.nzsalesmanager.co.nz / 10


Chapter 1: 3, 4 – “The art of war,

‘Heaven’ refers to night, day,

Modern business applications refer

then, is governed by five constant

and the seasonal conditions.

to the existence of processes (such

factors, to be taken into account in

This can be likened to economic

as CRMs), the structure of the

conditions. ‘Earth’ refers to

sales team including sales support.

distances and terrain, and can be

However, there are two factors

interpreted by business people

we will give special focus to: ‘The

as market conditions. ‘Method of

Commander’ and ‘Moral Law’.

one’s deliberations, when seeking to determine the conditions obtaining in the field. These are: 1) Moral law, 2) Heaven, 3) Earth,

discipline’ is understood to refer

What is the significance of these

4) The Commander, 5) Method of

to the command structure of the

two factors, particularly when the

discipline.”

army and management of logistics.

economic going gets tough?

“The art of war, then, is governed by five constant factors, to be taken into account in one’s deliberations, when seeking to determine the conditions obtaining in the field. These are: 1) Moral law, 2) Heaven, 3) Earth, 4) The Commander, 5) Method of discipline.” The Commander This clearly refers to the leadership of an organization. The challenge faced by many of today’s managers is that they have backgrounds as good technical workers who were promoted to their current management roles.

If this aspect of The Art Of War

instead of reacting to operational

was understood by Robert E. Lee

issues to the detriment of the

at Gettysburg, then that fateful

overall plan, and losing their nerve

battle may never have been

when things get tough, retreating

fought. On that disastrous day

into a corner.

he committed his entire army to

SunTzu faced this dilemma of

what began as a skirmish whilst trying to locate a supply of boots.

tough times. Being outnumbered ten to one, he could have

They know their industry well,

In doing so he allowed himself

but cannot distinguish between

to commit all of his resources to

fortified his defences. But instead,

management and leadership

an operational matter instead of

he went on the attack, and actually

beyond a mere intellectual

concentrating on his main strategy,

invaded enemy territory. Realizing

understanding.

which was to capture a town of

conventional warfare would be

strategic importance. Lee’s loss on

suicide, he engaged in a guerrilla

that disastrous day along with the

campaign which eventually won

appalling casualties suffered by his

him the war.

Leaders think more strategically, whereas managers tend to get bogged down operationally. The latter are effectively in the trenches with the troops instead of on the hill where they can

troops was a major contributor to his Confederate Army losing the entire war.

retreated into a corner and

Likewise leaders who understand strategy may for example, avoid conventional quoting for business in

concentrate on what’s going on

Business managers likewise must

general where their prices are often

around them.

understand strategic concepts

too high, and instead concentrate 11 / www.nzsalesmanager.co.nz


“By means of these … considerations I can forecast victory or defeat. The general that hearkens to my counsel and acts upon it will conquer – let such a one be retained in command!” their forces on vertical markets and key centres of influence.

Moral Law

of both the challenge and the

What does Sun Tzu refer to when

solution. As a result of doing this

A commercial example of retreating

he sites Moral Law amongst his

some staff have willingly accepted

into a corner is savage cost cutting

five factors? Moral Law refers to

temporary pay cuts or shorter

in a bid to reduce overheads,

troops possessing unwavering

working hours for the good of the

and in the process, destroying

faith in their commanders. They

company. In other cases, we have

the very troops who make you

are the warriors who will loyally

seen huge sales and productivity

money. These troops might include

fight against all odds, even to

drives. Sales and productivity

your sales force or marketing

the death. In other words, a key

bonuses coupled with a ‘we-can-

spend. Recanting on commission

attribute of business leaders is the

do-it’ leadership style have been

payments, sacrificing training which

ability to motivate and lead their staff, in spite of the challenges

the cause of pulling companies

gives them the competitive edge they need, cutting advertising –

they face.

all of these things are frequently

Too often we see poor change

the first casualties caused by

management during tough times,

operational thinking during tough

especially when the change

times. Of course, these cut backs in

includes cut-backs. The life is

reaction to tough times only serve

sucked out of our team, who

to compound the problem. With

become less productive or look for

your sales troops demoralised and

alternative employment, and the

directly connected with the

marketing decimated, sales decline

Death Spiral begins.

calibre of our commanders. Are

further, and … well you know how it goes. We call it the Death Spiral. As Tom Peters says, “You can’t shrink your way to greatness”.

Good leaders rally their people and openly discuss the challenges ahead. But they don’t just highlight the challenge. They

out of ‘bust’ and into ‘boom’ with some of our clients. So how is our Moral Law? Is staff morale positive and high? How loyal are they to the management team and to the company? The state of our Moral Law is

our commanders managers or leaders? Remember, Sun Tzu says in Chapter 1: 14, 15, “By means of these … considerations

But mor is needed in addition to

inspire a vision, and provide focus

I can forecast victory or defeat.

strategic thinking. Leaders must also

on where they want their team

The general that hearkens to

win and retain the confidence of

to concentrate their energy for

my counsel and acts upon it

their troops, which brings us to the

the best results. They consult for

will conquer – let such a one be

next factor of Sun Tzu – Moral Law.

ideas so that staff have ownership

retained in command!” ■

Alex Chan, of Salesstar.com, specialises in winning major sales and sales leadership. To hear more about sales leadership and what you can do to get greater results reserve your seat at SaleStar.com’s limited capacity event The Sales Leadership Association, November 21, Auckland.

www.nzsalesmanager.co.nz / 12


13 / www.nzsalesmanager.co.nz


BOOK REVIEW

Strategic Sales Presentations

Authors: Publisher: Price:

Jack Malcolm Libertary Company $24.99 from fishpond.co.nz

W

hen your big moment comes, will you be ready? Strategic sales presentations, those given to high level decision makers at the crucial time in the sales process, are the most highly leveraged activities in sales-and those that most sales professionals are least prepared for. Strategic Sales Presentations prepares you for the presentations that could make or break you as an accomplished sales professional. And it will help polish your skills for any presentation that matters. This is a presentation book like no other! In Strategic Sales Presentations you

www.nzsalesmanager.co.nz / 14

will improve your ability to position yourself strategically for success, craft presentations that speak the language of senior decision makers, and deliver engagingly, confidently and professionally. You will see the concepts in action as Jack Malcolm expertly weaves an example of a strategic

sales presentation throughout the book. Implement the ideas from this book and you will be able to create a clear, concise, compelling presentation that you will be able to confidently present to executives. This book will take your presentations to a new level! â–


QUICK FIX

QUICK FIX

It’s not what you sell, it’s how you sell.

What do you want your customer to do next?

I

f you are expecting a reply from a customer or prospect, and it doesn’t come through, do they know what you are expecting them to do next? Before you send your emails and sales letters, you must answer this question for yourself, ‘what do I want my customer to do next?’ Then make sure this is clear in your communication. It might be clear cut – for example, ‘to meet your required delivery date we need your instruction to proceed by this Friday.’ If it is a bit more complex and for a softer approach, you might simply say ‘I suggest the next step is to……. ■

     

15 / www.nzsalesmanager.co.nz


FIVE MINUTES WITH

FIVE MINUTES WITH TRACY COUSINS Tracy Cousins has been in sales for

25 years, and most recently a sales manager for Croxley working with a team of eight sales people. Why did you get into sales?

inquisitiveness about business and enjoyment at

Enjoyed helping business grow and be more effective

seeing your clients succeed because of how you

because of the services or products we promoted.

helped them. Thrill of being in control of your

Enjoyed meeting people and enjoyed the financial

financial future.

rewards and control you had. Sales success you are most proud Where did you learn to be a sales

of? Seeing my team get sales or have value add

manager?

conversations with clients they did not think they

Mentors, surrounding myself with good leaders,

could.

listening and learning from how they behave, make decisions and take action. Training and development in soft and hard skills. Life lessons.

Worst sales moment. Can’t remember one off hand except that what I perceived as often my worst was in fact the best learning opportunity I could have

What is the best thing about being a sales

and an opportunity to improve often resulting in

manager?

winning back the business.

Seeing those around you achieve beyond their expectations

Advice for someone considering a career in sales management? It takes

What do you look for when recruiting?

managerial courage, political savvy, resilience and a

Heart, commitment, willingness to trust and work

desire to help others achieve their goals before you

consistently to a plan. Ongoing learning and

can achieve yours. â–

www.nzsalesmanager.co.nz / 16


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2 Minute top-up

CONNECTING WITH YOUR AUDIENCE Using ABCDE By Sally Mabelle

H

ow do you connect

Think ‘A,B,C,D,E’....

with your audience when you’re giving a

presentation? Remember that you’ll likely have a variety of different personalities in your audience, all with different preferences and priorities. Here’s an easy-to-remember guide to use when you’re planning your presentation to

B

- stands for ‘Being’ People who display ‘being’

A

- stands for ‘All’ - We all have the ability to change our priorities and

preferences, so it’s important to keep an open mind as regards your audience, and to realize that they could respond differently than expected from time to time.

behaviour will tend to be

more relaxed and easy listeners. They will respond to a warm and harmonious tone in your presentation.

C

- stands for ‘Checking’ - People who display ‘checking’ behaviour will

focus on the details and your

make sure you are building in

The B, C, D, and E stand for the

getting things ‘right’. To better

aspects which will help you

FOUR common human behaviour

engage these types, ensure you

engage as many of your audience

types that you will likely

are well-organised and have your

as possible.

encounter in your audiences:

facts and figures correct.

www.nzsalesmanager.co.nz / 18


2 Minute top-up

D

- stands for ‘Doing’ People who are ‘doers’ want you to make your point sharply and quickly, so best for you to get to your point directly and assertively to engage these people. - stands for ‘Expressing’ People who are expressive love to interact and have fun.

E

Include plenty of action and interaction for these people, make them the centre of attention through focusing on making them feel noticed.

It’s important when crafting a presentation to research your audience beforehand if you can. The more you understand who they are and what’s important to them the better your connection will be. If you are not familiar with the audience, your preparation can be a little trickier. Thats when it is useful to apply the A B C D E technique and to build in aspects to address each of these different kinds of people.

So remember your A, B, C, D, E’s if you want to improve your ability to engage an audience. Enjoy practicing with the abundant opportunities you’ll encounter in Life as you engage with a variety of different personalities. Over time, notice how you become more sensitive to the needs of others and how that improves your relationships and the outcomes of all your interactions and presentations.■

Over time, notice how you become more sensitive to the needs of others and how that improves your relationships and the outcomes of all your interactions and presentations.

Sally Mabelle, ‘Inspirational Speaker of the Year’ 2011 NSANZ, empowers you to find and express your authentic voice. To find out more visit www.sallymabelle.com

19 / www.nzsalesmanager.co.nz


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IssUE 61

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CALENDAR DATE

NAME

PLACE

COMPANY

LINK

Monday 5th November -

FranklinCovey: The

Auckland

David Forman

http://www.davidforman.co.nz/Our-

Wednesday 7th November

7 Habits of Highly

Programmes/Personal-Effectiveness/

Effective People

Franklin-Covey-7-Habits-of-Highlyeffective-people.aspx

Tuesday 6th November

Cold calling and

Top Achievers

www.topachieverssalestraining.

prospecting

Sales Training

co.nz

Tuesday 6th November

Negotiating Skills

Wellington

Scotwork

www.scotwork.co.nz

Monday 12th November -

Winning Proposal

Auckland

Shipley NZ

www.shipleywins.co.nz

Tuesday 13th November

Strategies

Monday 12th November -

Negotiation

Wellington

David Forman

http://www.davidforman.co.nz/Our-

Wednesday 14th November

Programmes/Sales/Negotiation. aspx

Tuesday 13th November

Overcoming

Top Achievers

www.topachieverssalestraining.

Objections

Sales Training

co.nz

Consultative Selling

Auckland

SalesStar.com

wwwsalesstar.com

Wednesday 14th November -

Negotiating for

Auckland

NZIM Northern

http://www.nzimnorthern.co.nz/w

Thursday 15th November

Results

Monday 19th November -

Advanced Sales

Tuesday 20th November

Development

Tuesday 13th November Wednesday 14th November

a.asp?idWebPage=16885&idDeta ils=107 Auckland

David Forman

http://www.davidforman.co.nz/ Our-Programmes/Sales/AdvancedSales-Development.aspx

Monday 19th November -

Sales Development

Auckland

David Forman

Thursday 22th November

http://www.davidforman.co.nz/ Our-Programmes/Sales/SalesDevelopment.aspx

Monday 19th November -

Key Account

Tuesday 20th November

Management

Tuesday 20th November

How to retain clients

Wednesday 21st November

Business to Business

Wellington

The Sales Leadership

http://www.nzimcentral.co.nz/ training/course.a4d?gCode=133

Top Achievers

www.topachieverssalestraining.

Sales Training

co.nz

Zealmark Group

http://www.zealmarkgroup.co.nz/

Ltd

profile_Business_to_Business.php

Auckland

SalesStar.com

www.salesstar.com

Auckland

Zealmark Group

http://www.zealmarkgroup.co.nz/

Ltd

profile_Foundations_of_sales_

Auckland

Sales Accelerator

Wednesday 21st November

NZIM Central

Association event Thursday 22nd November

Sales Force Launch

Success.php Tuesday 27th November

Negotiating Skills

Auckland

Scotwork

www.scotwork.co.nz

21 / www.nzsalesmanager.co.nz


IN THE NEWS

B2B SALES QUALIFICATION LAUNCHED R etail Institute has been

recognised career entry points,

Completing sales administration

working as a part of a

provide structure for career

to track sales performance and

consortium set up to

progression, and set a benchmark

provide product information to

evaluate the need for sales specific

of competence and assessment that

qualifications in New Zealand.

customers.

adds value to the sales profession.

The consortium consulted a range of businesses that employ sales people, and it was found that: •

76 per cent said that sales qualifications should be introduced.

52 per cent are interested in using the sales qualifications.

Many respondents involved in sales management feel there is a big gap in sales

National Certificate in Sales (Level 3) Retail Institute has recently launched National

12 months. Employers have the option

qualification is suitable for sales

of supported or unsupported

professionals wishing to further

training delivery. The supported

develop their selling skills.

model uses the services of a

The National Certificate in Sales

training provider to facilitate

(Level 3) covers:

training and assessment, while

Marketing basics, target markets, and buyer behaviour

Developing effective business relationships

This feedback initiated a collaborative project to develop

to complete the programme within

Certificate in Sales (Level 3). This

management capability and training in New Zealand.

It is reasonable to expect trainees

the unsupported model expects trainees to be supported through their training and verified in their workplace. If your company has a group

Using prospecting techniques

Achieving goals and targets

complete this qualification,

Understanding the actions of

Retail Institute can work with

the salesperson

you to tailor the delivery of the

Managing time, sales

qualification to your business.

learning and development among

expectations and professional

For more information please

sales professionals.

development

contact Retail Institute on

Negotiating and closing a sale

0800 486 738. ■

suitable sales qualifications for sales professionals. The National Certificates in Sales provide qualifications mapped to national standards and promote

The qualifications will establish

www.nzsalesmanager.co.nz / 22

of sales people wanting to


THE CLOSE

‘First we will be

the best, and then we will be the first.’ - Lou Holtz

Have you subscribed to NZ Sales Manager? It’s free! Simply visit www.nzsalesmanager.co.nz to get a copy of NZ Sales Manager delivered straight to your inbox monthly!

23 / www.nzsalesmanager.co.nz


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