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Now Is A Great Time To Sell!

 

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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:

Wall Street Journal

US Auto Sales Rate May Skid to Lowest Since 1983 (Update1)
Bloomberg - 1 hour ago
By Greg Bensinger Oct. 14 (Bloomberg) -- US auto sales this month may fall to their lowest rate in at least 25 years as showroom traffic slows, ...
Video: Money Minute: GM, GE, Oil AssociatedPress
GM: Too Big to Fail? Minyanville.com
US Auto Shares Plunge on a Grim Sales Forecast New York Times
MarketWatch - Canada.com
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Wall Street Journal Blogs

Exchange rate, consumer-product sales boost J&J
MarketWatch - 2 hours ago
"Of note was the strong sales performance of our consumer segment and the solid sales results in our medical devices and diagnostics segment. ...
What Recession? J&J Posts Higher Sales, Earnings Wall Street Journal Blogs
J&J Profit Leaps as Consumer Products Weather Crisis (Update2) Bloomberg
J&J 3Q Net Up 30%, Helped By Consumer Products, Med Devices CNNMoney.com
Reuters - The Star-Ledger - NJ.com
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Johnson Controls sees lower 2009 sales, earnings
Bizjournals.com, NC - 1 hour ago
Johnson Controls Inc. said Tuesday that its expects to report lower sales and earnings in 2009 because of the slumping automotive market. ...
2nd UPDATE: Johnson Controls Sees '09 EPS Drop On Auto Slump CNNMoney.com
US: Johnson Controls sees lower automotive experience sales and ... Automotive World (subscription)
Johnson Controls sees lower EPS, sales in 2009 - quick facts RTT News
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• Economy takes a bite out of Domino's Pizza sales
MLive.com, MI - 3 hours ago
Please don't submit any information to us. by Stefanie Murray | The Ann Arbor News The stiff economy crimped third quarter sales for Domino's Pizza, ...
Domino's Pizza 3Q profit falls 8 percent Forbes
Domino's Pizza profit misses Wall St view guardian.co.uk
Domino's Pizza Q3 earnings decline - Update RTT News
Smartmoney.com - Forbes
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Polaris Industries beats expectations on strong ATV sales
Bizjournals.com, NC - 1 hour ago
Higher sales of all-terrain vehicles and parts, garments and accessories boosted revenue by almost 7 percent for Polaris Industries Inc., beating Wall ...
Polaris Industries boosts full-year profit outlook Forbes
UPDATE 1-Polaris 3rd-qtr profit tops expectations Reuters
Polaris Q3 profit declines; boosts full-year EPS outlook - quick ... RTT News
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Qualmark Announces New Appointments; Sales Group Reorganization
MarketWatch - 1 hour ago
Mr. Alan Perkins returns to Qualmark as Vice President of Sales and Marketing where he delivered 12 consecutive quarters of double-digit sales growth in ...


MillerCoors sales up 0.7 percent The Business Journal of Milwaukee
Bizjournals.com, NC - 1 hour ago
MillerCoors LLC recorded a 0.7 percent increase in domestic sales to retailers, boosted by 6.8 percent growth in Coors Light brand sales, for the quarter ...


Ascentium Corporation Sees Record Third Quarter Sales
MarketWatch - 1 hour ago
Net sales for the third quarter totaled $35 million, which is a $15 million increase from the previous quarter and marks the highest closing in the ...


Maktoob

Rapid sales decline prompts Nissan to cut jobs in Spain
Financial Times, UK - 14 hours ago
... in Shanghai Nissan is cutting more than a quarter of its staff in Spain in response to what it yesterday called "a dramatic decline" in vehicle sales. ...
Nissan axes 1680 jobs in Barcelona guardian.co.uk
Nissan to cut 1680 jobs at Spanish assembly plant MarketWatch
Japanese automaker Nissan cuts more than 1600 Spanish jobs AFP
New York Times - Automotive World (subscription)
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AFP

UK home sales hit 30-year low
International Herald Tribune, France - 7 hours ago
AP LONDON: British home sales plunged to the lowest level in at least three decades in September as the financial crisis worsened, a leading survey of ...
UK home sales hit 30-year low MarketWatch
UK house sales fall to less than two a week Times Online
UK Home Sales Fall to Three-Decade Low, RICS Says (Update1) Bloomberg
BBC News - AFP
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Sales - Google News

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