9 tips for producers to get out of a sales slump

3. Work smarter and harder

There is no better way to improve your results than to put in more effort. If you’re calling 10 businesses per week, increase that to 15. Identify one or two things that you feel you can do more efficiently in your sales process. For the perfect sales year, you need impeccable sales components that you market flawlessly.

4. Know when to move on

We all seek out relationships with prospects who, for multiple reasons, will never buy from us. That’s not working smart. These accounts take up too much of your time and contaminate your ability to service your better accounts. If you are satisfied that you’ve given all you can to close the deal and nothing is happening, move on. Choosing to work with nonbuying prospects will give length to your sales slump. Find prospects that are truly interested in what you can do for them.

5. Reorganize and reenergize

Step back and look at what you do. Without recognizing it, your work environment might have changed or become chaotic. Possibly your work routine is not what it once was. Do you put in the same hours, but find yourself doing more maintenance instead of sales activity? Perhaps your sales pace has slowed. Take the time to evaluate. Is there a better way to operate? Look to whom and how you are prospecting. How have you been successful in reaching new prospects? Is there a better way? Reenergize your sales opportunities by filling your pipeline with quality prospects.

6. Keep prospecting to add to your future bank

Your sales engine needs oil, and the best way to do that is to prospect. Avoid focusing on current customers and instead prospect, which few sales professionals like to do. Liking it and doing it are two different things. The more successful producers see the need to prospect and simply do it. Don’t neglect your existing customers. Service to them is a key retention component. You can avoid the peaks and valleys caused by mini-slumps if you’re on the constant prowl for prospects and opportunities.

7. Enhance your memory

If you’ve been successful in the insurance business, don’t forget what made you so. Repeat those actions, such as offering better coverage, better pricing, and, most importantly, better service. Remember why clients liked you and reapply those qualities.

8. Don’t push too hard

When you push your body too hard, you can strain yourself. The same is true with selling too intensely as that approach will put strain on the buying process. An aggressive, anxious approach will become obvious to the buyer, turning even the best proposal negative. Don’t oversell out of the need for slump termination. Sell out of expertise, knowledge and confidence, rather than out of desperation.

9. Eliminate or reduce the pressure gauge

One constant that accompanies a sales slump is the pressure to perform, which dramatically increases. One way to mitigate the pressure of your sales goals and objectives is to reset them, temporarily. Meet with those supervising you, but more importantly, meet with yourself to recalculate short-term goals and targets. Goals to modify are the number of calls needed to get an appointment, the number of appointments to be able to quote, and the number of proposals needed to obtain a sale. When success returns, readjust your goals upward to be more aggressive. All you have done with this exercise is turn down the heat on your pressure cooker, until you’re once again producing as you know you can.

We all go through sales slumps, some deeper than others, but they exist for us all. Repeat the command, “Producer, Start Your Engine,” and enjoy the victories of your sales checkered flag.