Thursday, June 16, 2016

Three Scientifically Proven Behaviors That Will Increase Sales Effectiveness -

Three Scientifically Proven Behaviors That Will Increase Sales Effectiveness -

Over the past 50 years, there have been numerous scientific studies that have classified how the human brain is wired. Through this research, scientists have identified the behaviors that trigger influence.
This science is relevant in selling because it provides insights that guide salespeople in behaving in ways that enhance their ability to sell. Though there are many science-based behaviors that could be shared, the following are three that are easy to execute and will improve sales effectiveness.
1. Labeling
Labeling is when one person assigns a label to another person and then requests behavior that is consistent with the label. There have been many research studies verifying that labeling increases compliance with persuasive requests.
In one such study, behavioral scientists asked citizens about their previous voting behaviors. The researchers randomly told some of the participants that they were above-average citizens who are extremely likely to vote. The rest of the participants were told that there was only an average probability that they would vote in future elections. When the behavioral scientists analyzed whether the participants voted in an upcoming election, they found that those who had been told they were extremely likely to vote actually voted at a much higher rate.
When salespeople label prospects, they are priming those prospects to behave in ways that are consistent with the label. For instance, if a prospect is reluctantly answering a salesperson’s questions and that salesperson says, “You really know a lot about this issue. I appreciate your insights and willingness to answer my questions,” the prospect will become more responsive.
2. Reactance 
Why do prospects feel pressured when salespeople attempt to create urgency?
The answer is found in a powerful scientific principle called reactance. Reactance refers to the feelings that occur when people perceive that their ability to freely choose is being restricted. When this occurs, they will instinctively desire to rebel against what is being imposed upon them.This is why signs that say, “No littering” or “Don’t litter” have been shown to actually increase littering. 
Salespeople who want to increase sales effectiveness must understand reactance because, when attempting to advance the sale, reactance will often be activated. This is detrimental – when prospects feel reactance, they will reject both the salesperson and the salesperson’s message.
The key to minimizing reactance is to reduce the prospect’s perception that you are pressuring him or her. One example of this is found in a fascinating research study identifying that – when asking for funds – compliance rose by 400 percent when the request concluded with the statement, “Of course, it’s up to you.”
3. Tag Questions
How do you guide your prospects in thinking through and affirming the central value propositions upon which the sale is built?
Numerous scientific studies have validated that one way to promote the contemplation of a statement of value is through using tag questions. Tag questions are value building statements that are converted into questions. These questions have been proven to amplify the persuasiveness of sales messages because they guide prospects in mentally digesting and verbally appraising an assertion of value. 
To construct a tag question, simply add a concise questioning phrase to your value proposition. For instance, the statement, “This software would reduce your operational costs annually by $300,000” evolves into the tag question, “This software would reduce your operational costs annually by $300,000, wouldn’t it?” 
In summary, science has identified the causal factors that create and enable influence. When salespeople align how they sell with this science, their sales effectiveness will skyrocket. This is why merging science with the sales process is a concept that is just too important to ignore.
To learn more about merging science with the sales process, watch my video below.

Monday, June 6, 2016

வாங்க பணம் சம்பாரிக்கலாம் ,Money Attraction workshop

20 Things the Rich Do Every Day


20 Things the Rich Do Every Day

1. 70% of wealthy eat less than 300 junk food calories per day. 97% of poor people eat more than 300 junk food calories per day. 23% of wealthy gamble. 52% of poor people gamble.
2. 80% of wealthy are focused on accomplishing some single goal. Only 12% of the poor do this.
3. 76% of wealthy exercise aerobically four days a week. 23% of poor do this.
4. 63% of wealthy listen to audio books during commute to work vs. 5% of poor people.
5. 81% of wealthy maintain a to-do list vs. 19% of poor.
6. 63% of wealthy parents make their children read two or more non-fiction books a month vs. 3% of poor.
7. 70% of wealthy parents make their children volunteer 10 hours or more a month vs. 3% of poor.
8. 80% of wealthy make Happy Birthday calls vs. 11% of poor.
9. 67% of wealthy write down their goals vs. 17% of poor.
10. 88% of wealthy read 30 minutes or more each day for education or career reasons vs. 2% of poor.
11. 6% of wealthy say what’s on their mind vs. 69% of poor.
12. 79% of wealthy network five hours or more each month vs. 16% of poor.
13. 67% of wealthy watch one hour or less of TV every day vs. 23% of poor.
14. 6% of wealthy watch reality TV vs. 78% of poor.
15. 44% of wealthy wake up three hours before work starts vs. 3% of poor.
16. 74% of wealthy teach good daily success habits to their children vs. 1% of poor.
17. 84% of wealthy believe good habits create opportunity luck vs. 4% of poor.
18. 76% of wealthy believe bad habits create detrimental luck vs. 9% of poor.
19. 86% of wealthy believe in lifelong educational self-improvement vs. 5% of poor.
20. 86% of wealthy love to read vs. 26% of poor.

Ten tips to bring wealth and prosperity into your life


Ten tips to bring wealth and prosperity into your life


What you see you create. Knowledge of feng shui was available for the well-established people at one point of time. Now, anyone can use it to get the best results. The term feng shui literally means wind and water in Chinese.
Creating more wealth in life is possible with the implementation of few valuable tips of feng shui. Though you are able to get the desired results, the greatness of each tip is that you don’t have to spend huge amounts of money.
Prepare a wealth board.
1. Assess the importance of wealth in your life with the creation of a comprehensive list. Check the ways in which you are going to spend money on a general basis. Organise your spending and earning priorities in a manner to obtain the desired results according to your expectations besides getting the best effects of feng shui.
2. Feng shui represents money in the form of water. If you have leaky pipes, faulty toilets, damaged showers, and improper sinks, then it is better to get all of them repaired because the more water overflows, the more money will be wasted.
  1. Water fountains have to be properly set up in order to maintain the direction of flow into your home. This represents that you have the potential of earning more money. You will lose money in case the fountain direction is exactly opposite to your main entrance. Maintain clean water in the fountain always.
Your stove means wealth 1. According to feng shui, stove directly represents wealth. Ensure that the stove is in a working condition and is clear of dust and dirt. Using all the burners is necessary, which symbolically states that the wealth is being spread all over. Those stoves that are damaged or broken need to be set right immediately.
2. Include plants in your home as they are considered to be great Chi enhancers. This is why removing dead plants proves to be crucial. Watering plants regularly is essential. Your failure to do so will mean that the plants drying up and your money too.
3. Removing leaky batteries, and replacing expired tube lights and bulbs need to be done. Get the repairs done for all the articles that are not in working condition. You will be able to start earnings when all things are in place. Realise fire energy in this manner that helps in evoking acts.
4. Fixing broken items is very important. According to feng shui, you are broke in case if you find any articles that are broken. Replace the items or fix them in order get the best performance.
Articles that make you feel wealthy
1. Fill your fridge with all kinds of stuff. Ensure that the racks and containers are filled and not empty. Maintaining empty things in your vicinity means that your wallet too is empty. Have a wealthy feeling by working out on things.
2. Remove clutters that block free flow of energy. Stagnant situations arise because of the clutters. With the process of de-cluttering, you can have a fresh leash of life all again. Clearing the rubble will help you in maintaining a perfect life. Be in a financially sound state.
A neat home is where money has its immense effects. This is the reason why luxury homes are seen with a lot of cleanliness and perfect maintenance. Imagine those homes that are enabled with poor living standards. Comparing both of them will help you realise the best sources of living for you.
3. Make use of those things that make you feel wealthy. This kind of approach helps you in increasing your income earning opportunities. Stay away from those things that make you feel cheap or invaluable. Include those things that represent entirety.

10 Tips to Improve Your Sales Performance

10 Tips to Improve Your Sales Performance
JOHN H. DEAN
The sales profession moves faster than ever today. In the blink of an eye, new competitors emerge, products similar to yours are released, and before you know it, it's a race to the bottom.

No matter what industry you're in, what worked well a few years ago isn't good enough today. This is no time for trial and error or order taking; this is a time to sell. Here are some basic steps you can take to improve your sales performance, reduce your cost of selling, and ensure your survival.

1. Clarify your mission.

Begin by understanding your business niche. What do you do best? Who needs what you do? How do you best approach these prospects? How much are they willing to pay? If these questions are not answered easily, campaign at the top for clarity and vision.

2. Break the mission into specific goals.

Write down the activity goals (calls per day, proposals per month, referrals per call, etc.) that you can control. Set results goals (sales per month, amount per sale, profit per sale, etc.) to measure your progress, and track them closely. Increase your activity and measure the results. Goals focus your attention and energize your action.

3. Sell to customer needs.

Always assume your prospects will buy only what they need. How can you convince them of that need? Emphasize the features of your product or service that reduce costs and solve problems for the customer. Sometimes you can reposition your wares. For example, you sold wool uniforms for their look and feel; now stress wool's durability and lasting value. Be creative in your sales and marketing.

4. Create and maintain favorable attention.

Effective marketing, referrals, strong sales skills, and strategic questions are the keys to creating favorable attention. Diligent follow-through and above-and-beyond customer service are the keys to maintaining it.


5. Sell on purpose.

Know both what to do and why you're doing it at every step along the way. Who are you targeting and why? What are you going to tell them and why? What are you going to ask them and why? What is your proposal going to look like and why? When are you going to ask for the order? If you don't feel sure of yourself at every step of the selling process, get some training or guidance.

6. Ask, listen, and act.

Better than any others, these three words summarize success in sales. Your questions must be creative, planned, relevant, and direct. Your listening skills must be highly developed. You must respond and take action that proves that you listened to the customer and want the sale.

7. Take the responsibility but not the credit.

Realize that you are the team leader. The company looks to you for direction and supports your effort. To build a strong support team willing to go the extra mile when you need it, give your team the credit for everything that goes right, and take the blame when it goes wrong.

8. Work on the basics.

Even the best of the best have room for improvement. Make a decision to improve your weaknesses, and set goals to force yourself to do the things you don't like to do. Be more creative in your prospecting, fact finding, and presentation skills. Imagine the perfect salesperson and compare yourself to the ideal.

9. Develop your attitude.

Your attitude is controllable. Conquer your fears. Change the beliefs that limit your success. Your thought habits control your commitment, enthusiasm, persistence, resilience, happiness, and confidence. Be aware of them, decide which ones are unproductive, and then make a commitment to change. With time and effort, you can become the person you want to be.

10. Maximize your time.

Focus on your goals. Test every activity for its importance and urgency. Create an ideal schedule, and test your actual time use against it daily. Remember, just one hour a day used more productively adds up to more than six extra weeks of productive time a year.


Key Personal Financial Terms Everyone Should Know


Key Personal Financial Terms Everyone Should Know


Financial TermsIt does not matter whether you hire an accountant or an advisor to handle your finances, understanding basic financial concepts will only help you manage your investments better.
Below is a glossary that describes the frequently used financial jargons.
#1: Inflation
Defined as a sustained increase in the general level of prices for goods and services, inflation reflects a reduction in the purchasing power per unit of money. The value of money is observed in terms of purchasing power, so the higher the rate of inflation, the lower is your purchasing power.
While it influences the economy it also affects the investors. It tells investors exactly how much of a return their investments need to make for them to maintain their standard of living. For example – if a certain stock returned 4% and inflation was 5%, then the real return on investment would be minus 1% (5%-4%). In India the inflation rate averaged 8.98 percent from 2012 until 2014.
terms image
Compounding
Generating earnings from previous earnings is referred to as compounding. In Scripbox terms, making your money work hard.
For example, let’s say you invested INR 10,000 and it earned an interest if INR 1000 in the first year. Now, for the second year, if you don’t make any more investments and assuming the interest rate remains the same at 10%, you will generate an interest amount of INR 1100 for second year. The interest earned in the first year, generated additional interest in the second year. This way, your money keeps on growing until withdrawn. This is called compounding. It is one of the fundamental ways to build wealth.
Related reading
Interest Rate (Floating, Fixed, and Reducing)
An interest rate is the rate at which interest is paid by borrowers for the use of money that they borrow from lenders.
A fixed interest rate stays constant throughout the duration of the loan however.
A floating interest rate is based on a base rate which is controlled by the RBI and can change over the duration of the loan. Floating interest rates can affect your interest payable and could increase/decrease your monthly instalment amount.
A reducing or diminishing interest rate is calculated on the outstanding loan balance every month. Interest Payable per Installment = Interest Rate per Installment * Remaining Loan Amount.
Time value of money
Time value of money is a concept based on the idea that the value of money available at the present time is worth more than the same amount in the future.
For example, INR 100 invested today for one year at a 5% interest rate will be worth INR 105 in the next year, therefore, INR 100 paid now and INR 105 paid one year later have exactly the same value.
Related Reading
Market volatility
Volatility refers to the amount of uncertainty or fluctuation in the value of an investment. In other words, volatility refers to the amount of uncertainty or risk about the size of changes in a security’s value.
It is a rate at which the price of a security increases or decreases for a given set of returns. Volatility is measured by calculating the standard deviation of the annualized returns over a given period of time.
Asset allocation
It is an investment strategy which aims to balance risk and reward. In other words, it is the process of deciding the proportion of your portfolio dedicated to various assets based on your goals, risk tolerance, and time sphere.
The three major asset classes include equity, real estate, and fixed income. Each of these classes reacts differently to different economic conditions. Hence it is wise to diversify your portfolio and spread your investments across multiple asset classes.
Recommended related reading
Net worth
The difference between your assets and liabilities is referred to as net worth. You can calculate your overall financial health by adding up all of the money and investments and subtracting all the debt from the grand total. The resulting amount is your net worth.
Credit Score
Credit score is a numeric representation of a person’s credit files and defines a person’s creditworthiness. It is used by lenders to assess whether the person will be able to clear off his debts.
Lenders use credit scores to determine who qualifies for a loan, at what interest rate, and what credit limits. The score ranges from 300 to 850 – the higher the number, the more creditworthy the person is deemed to be.
Capital gains
The increase in the value of an asset or investment, like a stock or real estate, above its original purchase price is called a capital gain.
Rebalancing
Rebalancing involves buying or selling assets periodically to maintain your desired asset allocation.
For example, if your target allocation is 60% stocks, 20% bonds and 20% cash, and the stock market has performed particularly well over the past year, your allocation may now have shifted to 70% stocks, 10% bonds and 20% cash. To rebalance your portfolio, you could sell some of your stocks and reinvest the amount in bonds and rebalance your portfolio.
Related Reading
Stocks
Stocks are a type of investment or security which gives you part-ownership in a company. Also referred to as shares or equity, stocks give you a claim on part of the company’s assets and earnings. The more stocks you own, the higher is your ownership stake in the company.
There are two types of stocks, common and preferred. A common stockholder can vote at shareholders meetings and receive dividends. Preferred stockholders have a higher claim on assets and earnings than owners of common stock but do not have any voting rights.
Bonds
A bond is a debt investment or a loan issued to a corporate or governmental entity for the purpose of raising capital. A bond is a promise to repay the principal along with the fixed interest for a defined period of time. Some bonds do not pay interest, but all bonds require a repayment of principal.
Related Reading
Equity
An equity investment generally refers to the buying and holding of shares of stock in anticipation of income from dividends and capital gains. However, in the context of real estate, it is the difference between the current market value of the property and the amount the owner still owes on the mortgage. In other words, it is the difference between the current value of the property and the amount that the owner owes against it.
Related Reading
Term Insurance
Term insurance is a traditional form of life insurance which offers life coverage for a specified duration of time or a specified “term” of years. Term insurance provides only insurance cover and does not offer money back on maturity.
Available for a range of 10-30 years, term insurance is the cheapest and most recommended type of life insurance policy.
Premium for Life Insurance
A premium is an amount to be paid periodically for a contract of insurance. The premium amount is calculated based on several parameters like age, type of employment, medical condition of the insured person, etc. The premium amount can be paid in monthly, quarterly or annually for a defined period of time.

5 Ways To Increase Your Annual Income


5 Ways To Increase Your Annual Income- WWW.HAPPY4ALL.ORG


Invest in Enriching Your Life and Increasing Your Income
Invest in Enriching Your Life and Increasing Your Income
Increasing your annual income has many benefits- mainly, ability to afford a quality lifestyle for you and your family, and also the ability to manage unexpected money requirements.
Here are five practical ways to increase your annual income.
#1: Invest in Yourself – Add Value to Your Self Worth
Investing in yourself will give you disproportionately high return on investment- both for the amount of money invested and the time you spent.
DIY Tips to Invest in Yourself
  • Leverage the power of learning. Add a new skill, learn a new language, or try something that’s been on your bucket list.
  • Set aside time on a daily or weekly basis to read informative blogs, articles or books.
  • Attend a workshop, webinar or training to stay updated on the latest trends.
  • Explore your creative side to exercise untapped areas of your mind. This will open up different doors of perception- personally and professionally.
Invest time in taking a sabbatical – Retrospect, introspect and regain your focus
How Does This Increase My Annual Income?
Better skills, greater knowledge and wider perception, all lead to a higher level of opportunities.
#2: Invest Smart – Monetarily not Momentarily
Talking about increasing income is incomplete without considering the actual monetary aspect of investing smart.
DIY Tips to Increase Your Future Annual Income
How Does This Increase My Annual Income?
Increase your profits by investing wisely. Instill a long term perspective to evade myopic results from a short-sighted plan.
#3: Invest in a Long Term Career Path – Map Your Progression Professionally
Mapping your professional interests can help you strategically build your career path.
DIY Tips to Chart Your Career Path
  • Do a SWOT analysis on your professional traits. Determine your strengths, weaknesses, opportunities and threats. In this way you can identify the best opportunities that can help you progress with purpose.
  • Inculcate a long term vision. Do not let short term challenges come in the way of building your potential in the future.
How Does This Increase My Annual Income?
Being at the right place, at the right time with the right capabilities, tactically improves your career prospects.
#4: Invest in Rewarding Risks – Zone Out of Your Comfort Zone
Taking risks can snap you out of your comfort zone.
DIY Tips to Zone Out of Your Comfort Zone
  • Take a chance to challenge yourself. Push your limits beyond the monotony of mediocre tasks. It is a bitter truth that machines will replace you eventually.
  • Focus on work that allows you to build your capabilities, even if it means making a drastic change.
How Does This Increase My Annual Income?
Stepping out of your bubble automatically unlocks new possibilities
#5:  Invest in Health – Focus on Your Physical, Mental and Social Well Being
The real wealth is in the health and well being of your body, mind and social interaction. While the increase in disposable income may translate to a higher standard of living, it could also lead to increasing health issues.
DIY Tips to Enrich Your Wealth in Health
  • Physical Health
    • Exercise. If not for the physical benefits, it also helps in reducing your healthcare bills.
    • Eat healthy. A home cooked meal is not only healthier but also lighter on the pocket.
  • Mental Health – Many occupational lifestyle diseases are creeping into urban population. Maintain a good work-life balance to avoid mental problems such as depression, hypertension and neurological issues.
  • Social Well Being – Whether you admit it or not, who you interact with socially and your lifestyle have a big impact on your personality. The social environment you choose to be influenced by will affect the way you think and the decisions you make. Choose wisely.
How Does This Increase My Annual Income?
You become the environment you live in. Make it clean, green and lean on the body, mind and wallet.