Your weekly guide to achieve

MediaSalesSuccess.com

Created By Cesar Rincon

 

September 29, 2008   Issue 031

Ideas, advice, tips and much more!

Please forward this newsletter to all your friends and colleagues across the country!

In This Issue

 

1. Subscribe
2. Time Management
3. Book Announcement

 

 

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Time Management Tip

What is your time worth?

Most people want to make more money. But have you ever thought about what your time is really worth?  They say that you will be compensated by the value that you bring to the marketplace. To be able to make more money, you have to focus your efforts on things that pay the most. For a quick look at what you should be focusing on, decide how much you want to earn per year, then divide it by 2000 working hours in a year (50 weeks x 40hrs per week). Let suppose you want to earn $100K per year, divided by 2,000, then your hourly rate is $50.  Then decide to only spend time doing things that pay $50 an hour.  Would you pay $50 an hour to chit chat on the phone with friends, drop off the dry cleaning or get a haircut? How about $50 an hour for chit chatting in the break room or browsing the internet for fun or personal matters during business hours?  The moment you commit to only doing things that pay $50 an hour, your income will begin to increase. Things like networking at high level events, researching for information you can use in presentations, or writing thank you notes and letters to prospects and clients. And of course, the three most important things that pay $50 or more per hour in sales are the foundation of all sales success: Prospecting, Presenting and Following-up.

Click here to download a free time grid to plan and account for your work week!

 

The Ultimate Guide to Success in Media Sales!

 Mediasalessuccess.com will be publishing the new edition of “The Ultimate Guide to Success in Media Sales.”  Stay tuned for further announcements on the book release and the seminar tour coming to a city near you.

THE FINAL QUARTER...ARE YOU READY?

The Final Quarter

As we enter the final quarter of the year, business gets tougher and tougher.  With all the front page headlines, it is no secret that we are headed for challenging times.  As I have written before, challenging times cal for your best performance.  Will you fight or flee?

Recently, I have received calls from people in other industries that are affected by the current economic conditions wanting to get into the business of marketing and advertising.  I have also been consulted by people who are considering leaving the media and advertising business because of the challenging times we are heading into.  Do you fit into any of these categories?

Let me suggest you step it up and fight harder. Be more creative. Be more dedicated. Decide to be the best in your field, and everything will take care of itself.  I have always been a believer that places and industries don't make the person. Your success depends on you.  The old cliché of "being at the right place at the right time" only holds true for about 10% of your success.  Perhaps you are already at the right place at the right time and you have been too blind to even notice.

So step it up and bring out your "A" game.

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Are you a Drama Queen or King?

We all have many stories about our successes and our failures.  However, how we tell the stories and how we get emotionally attached to them can be very interesting. We can be very casual and non-descriptive, or we can be long winded and detailed about our journey.

Are you the kind of person that takes twenty minutes to explain how you won or lost the sale.  Or are you the kind that very casually shares in two minutes or less how things happened.  May I suggest a balance here. 

My favorite way, is to very excitedly tell a success story in an expanded fashion, and tell a very brief story of the sales that were not.  You see, if you wallow in telling the sad story of how or why you lost a sale, you begin to justify, embellish and even feel sorry for yourself for losing the sale. Of course you can learn a lesson from the story, but repeating it over and over is not going to change the past, and certainly won't help you in the future.

So celebrate your successes and brush-off your failures.  After all we are in this business to win.

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Taking Care of the Details...

In sales, you are ultimately responsible for your success. All the energy and effort that you put forth will reap rewards for you and your company. With that in mind, you have to make sure that everything you do is as perfect as you can.

In a perfect world, everyone in your organization would do their job perfectly every time. They would be proactive and look out for you and make sure every little detail is taken care of so your sales can be completed to perfection.  But in reality, things fall through the cracks.  In today's working environments, where everyone is overworked and overloaded, even the best efforts and intentions to make sure everything is perfect, people can make mistakes.

Unfortunately this is the reality of companies big and small in all industries.  Now, I am not justifying that people make mistakes, miss deadlines and screw things up and not be accountable for it.  However, I am suggesting that you take personal responsibility and stake in your sale and make sure you take care of and follow-up ion every single detail.  A mishap in even the tiniest thing can damage your sale and your relationship with your clients.

Then you have to start over again.

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MediaSalesSuccess.com
10807 Lasso Lane
Houston, TX 77079

Phone: 832-202-6085

 

Every week, we will entertain and enlighten you with tips, ideas, and stories to help you increase your sales.  Even though this newsletter is designed for sales professionals who primarily sell advertising in media outlets such as radio and TV stations, magazines, newspapers, etc., the ideas shared here are universal in scope and will help any and all sales people make more money.