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Tuesday, November 13, 2018

Business Retreats - Good for You, Good for Your Business

A business retreat is a holiday location specifically designed to allow corporations to send employees to allow them to pursue business development and / or strategic planning activities in a relaxing and support-filled environment. They are typically geared towards upper-management and CXO level employees, although it is also quite common to hold leadership development and team building weekends at business retreats.

Such retreats are not only good for the continued growth and development of your business - they also provide a relaxing and refreshing environment for attendees to recharge their batteries. A corporate retreat will often provide recreation activities either at the retreat or in the near vicinity. Such activities include things like golf, hiking and swimming. Many retreats (especially those located outside of city limits) will also have a strong focus on providing healthy, nutritious and organic food.

There are a number of business development activities employees who can undertake at such facilities, including:

  • Strategic planning meetings
  • Board or upper management meetings
  • Leadership development activities
  • Team building activities
  • Individual / team coaching

It is easy to see that a Business Retreat is not just an excellent way to ensure your business is moving towards its goals and objectives, but to also ensure that your employees are happy and healthy while doing this. A retreat is an excellent way to reward your most valued (or most senior) employees, helping them to relax and increase their value to your business.

When choosing your venue, make sure you look into more than one option. Calling the director of each is also a necessity to ensure not only that they support your requirements for the retreat, but also that the retreat and its operators suit you and your team. Following these simple guidelines will help you to ensure your next corporate retreat is a success.














Saturday, January 26, 2019

7 Top Tips to Car Salesman's Or Saleswoman's Success

Given that car sales account for 19% of total US sales in 2000 (source: US Small Business Administration), a lot of people are buying cars which mean that they are a lot of people selling cars. Additionally, new car sales have dropped from 63.4% in 1989 to 60% in 1999. Selling cars is not easy given that many still have a negative perception of car salesmen or women. Hopefully, these 7 tips may help you to sell more cars.

  1. First and Foremost YOU need to think of yourself as a business. Car sales people work for an auto dealership, but most work on a salary and commission basis. When your compensation is commission based, this means you have more control of your destiny and should view yourself as a business instead of just a sales person.
  2. Adopt a Planning Attitude. If you do not have a plan, then you are on some else's plan - usually the successful car saleswoman or salesman. As a practicing performance improvement consultant or coach for the last 10 years, I have observed that most people plan less for their own lives than they do for a simple visit to the grocery store.
  3. Learn how to prospect. There exists a fundamental belief that the auto dealership is responsible for bringing traffic through the door because the dealership owners have all those "big bucks" for media advertising. Given that 80% of all new sales comes from referrals, would it not make more sense to prospect individually rather than simply on outside resources to control your destination? Those media efforts usually bring in suspicions, not prospects. Use your time wisely by focusing on prospects those who have a need, dollars and are a decision-maker. Do not rely only on the auto dealer to send out letters. Take the time to write some handwritten notes.
  4. Improve your sales skills to make more money. Today's buyers are far more savvy than years ago. Learn how to cultivate and develop long term relationships. Consider a proven buying / selling sales process where marketing and selling skills are united to deliver to the desired results of another sold car. New car sales to used car sales are far more relationship based selling than years ago when car sales was a commodity sale.
  5. Establish your sales goals using your great planning attitude. If you are a car salesman or car saleswoman and have 300 customers and the industry average sales cycle is 3 years, then every year you should be selling 100 cars. Focus your efforts of those who will be buying a car this year, but remember to continue to touch those who will potentially be buying another car in 2 or 3 years. HINT: Use the WAYSMARTcriteria for goal setting.
  6. Identify the attitudes or beliefs that are obstacles to your success. Working with those in the auto industry, I have heard countless reasons why sales can not be made. However, when these reviews are reviewed, they are usually unfounded reasons based upon existing attitudes and beliefs. For example, "corporate has ruined the car industry by posting prices on the Internet. Everyone knows everything about the car." My response is "if price was a real objection, then everyone would be driving a Yugo or a Chevette. HINT: When you change how you look at things, the things you look at will change.
  7. Make managing yourself priority number one. You must learn how to maximize your time especially in the area of ​​time management, ongoing professional development such as through business coaching training and personal life balance. The auto industry is truly a 24/7 business given that cars are with us each and every day of our lives. However, it is important not to lose sight of your personal life including family, friends, physical health, etc.

Yes, you can be an incredible car salesperson who can increase sales through these 7 simple car salesman tips. Just remember, sales regardless of industry is all about knowing your numbers and then multiplying your activity to secure those desired results.