BlackBerry, Up For Sale

BlackBerry, once the global leader in smartphone technology, has put itself up for sale after years of falling sales and failed revamps.

Once seen as so habit-forming its users dubbed it the “CrackBerry”, Blackberry has suffered a calamitous decline as rivals revolutionised the business it did so much to start. On Monday the company previously known as Research in Motion (RIM) announced it had decided to “explore strategic alternatives”.

Buyers are being sought, though the company could also go private or be broken up. Few analysts expect a turnaround.

Unable to match Apple‘s iPhone for cool or the sheer range of devices from Samsung and others using Google’s Android mobile system, its market share has collapsed from close to 50% in the US in 2009 to less than 3%, according to figures released last week by the analyst IDC. On the day the news broke, the Z10, BlackBerry’s latest, much-hyped device was being offered for $19.99 by US mobile retailer Wirefly. It was selling for $199 when it was launched earlier this year.

For BlackBerry watchers, the news is no surprise. The company lost $84m in the last quarter and announced 5,000 layoffs last year. “The beginning of the end started some time ago,” said Stuart Jeffrey, analyst at Nomura Securities. He said the company’s statement suggested it no longer had any confidence in its ability to get out its current predicament. BlackBerry, he predicts, is likely to re-emerge as a software company, perhaps with some contracts for super-secure government devices, but “without the handicap of all those uncompetitive handsets”.

Sales Leadership Portal

@oslacademy

The Top 6 Words That Can Sabotage Your Sales Deals.

The Top 6 Words That Can Sabotage Your Sales Deals.
by Jacques Werth

One of the quickest ways to turn off your sales prospects is to use Poison Words. Poison Words are words or phrases that trigger suspicion, mistrust and loss of respect. Ironically, several Poison Words are part of traditional sales techniques and are intended to create trust and “build rapport.” Chances are that you’re inadvertently sabotaging your sales with one or more of these Poison Words!

Interested
Interested is the word that salespeople use when they don’t want to hear “No.” Interested is the word that prospects use when they don’t want to say “Yes.” There is no commitment in interest.

People are “interested” in all sorts of things: Information on lavish vacations, luxury homes, high-end cars, space travel, etc. Interested people enjoy gathering information. That does not mean that they intend to buy anything.

A High Probability Prospect is not merely interested. They need, want and can afford to buy what you’re selling, now. Don’t waste time with prospects that are “interested,” but not in the market to buy, Now.

Help
Teachers, nurses, and social workers are in Helping Professions. Accountants, Engineers, Carpenters, Bulldozer Manufacturers and Salespeople are not. They provide products and services in order to generate revenues and/or commissions. Prospects know this. When you claim to be there merely to “help” the prospect, you instill doubt and suspicion.

“Honestly” or “To Tell the Truth”
What happens when you say, “To be honest with you…”? You provoke this thought: “Oh, so now you going to be honest… was the rest all lies and distortions?”

In High Probability Selling, Trust and Respect are fundamental to the relationship with prospects and customers. Being consistently forth- coming is not just “the best policy”- it’s crucial to successful selling.

Just
“I just wanted to let you know…” or “Just fifteen minutes of your time.” What does the word “just” imply in sales situations? You seem to be trivializing your communication in order to disarm the prospect. You’re minimizing the importance of your products and services, and your own time. If someone is truly in the market for your product or service,it’s an important priority for them. Don’t trivialize yourself or your prospects’ needs.

Thank You
While gratitude in a business situation is occasionally warranted, “Thank You” is one of the phrases most over-used, abused, and rendered meaningless by salespeople. There is no need to thank prospects for their time and attention. If someone is a High Probability Prospect, they want, need, and can afford what you’re selling- and they want to talk to you. They want to do business. Repeatedly thanking prospects and customers implies a subservient, begging, position, which will cause a loss of respect for you. It’s a great way to sabotage sales and lose business.

Great!
The prospect says he wants you to visit him to discuss one of your products or services, and you say, “Great!” Or, the prospect says she is in the market for your kind of product and you say, “Great!” You sound as if you are desperate, or perhaps have a warped sense of values. The prospect is bound to wonder, “Is it ‘great’ because you rarely get those types of reactions?” Or maybe you equate getting an order with having a baby or ending a war. If you are a professional salesperson, doing your job is not ‘great!,’ it is routine.

Look over these Top 6 Poison Words. You’ll notice a couple of themes: 1) Phoniness and 2) a Subservient/Begging Posture. If you perceive someone to be insincere and phony, do you want to do business with them? If someone grovels towards you, what is your reaction?

In High Probability Selling, we have a list of 30 Poison Words, and we train salespeople to eliminate them from their vocabulary. Fake bonhomie, false concern, and manipulative patter are hallmarks of the stereotypical salesperson. Any words that create mistrust, manipulate prospects or indicate insincerity quash potential sales.

People want to do business with people they can trust and respect. The words you choose can arouse suspicion, or they can reflect a posture of trust and respect. Choose your words carefully!

 

Quick Take – konga.com

REVIEWS

Konga is Nigeria’s largest online mall.

Kongo makes a boast of over 200,000 products online.

First delivery was made in July 2012.

Flexible payment options. Online payment, bank transfer, pay on delivery.

Konga opened their online store to Nigerians 3 months after Jumia.

Konga has been able to set the pace for quality service and fast delivery in the online shopping industry in Nigeria.

Konga’s online presence wades over 688,643 face book fans and 63,007 twitter followers (as at 1pm 2/12/13)

Konga has got a user friendly website. Good navigation. Easy click, easy shop.

High quality product image.

Konga also offers low prices which give them an edge over their closest competitor.

Advert rating. Excellent

Konga has done no wrong and that’s why they are amongst the best online store in Nigeria.

Sales Leadership Portal
@OSLacademy

TRAITS OF A GREAT SALES LEADER (6 – PRIORITIZATION)

If only getting customers could be like fishing, we all set out bright and early, cast our net and return at dusk to collect the finest catch of the day.

It’s nice to dream. But winning or retaining customers must deliver greater return on investment, be effective and measurable like never before.

TRAITS OF A GREAT SALES PERSON

PRIORITIZATION

Much time, energy and money is used to gain customers and they can often be hard to keep once found. Scoring your prospects could be the answer to knowing when the time is right for effective selling.

Lead prioritisation allows you to earmark which opportunities are red hot, which to postpone and which to ignore altogether.

Simply put, lead prioritisation is the scoring of prospects and customers according to their potential value to your business and likelihood to respond. It’s like understanding which fish would go for your bait.

At close of business, on a sales of 1-10 measure up each prospect you met during the day using the Potential Value Index Rating.

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8| 9 | 10 |
|   MinIV  |    UIV   |   MaxIV    |

INDEX
MinIV » Minimum Interest Value
UIV » Undecidable Interest Value
MaxIV » Maximum Interest Value

Create a non capital intensive periodical check list program for those prospect with (MinIV) EMAILS, FB, TWITTER, etc.

Those with UIV, some publicity can help direct their buying decisions, FLYERS, SMS, PHONE CALLS, PRIORITY MARKETING etc.

BUT….your eja nla (BIG FISH) are those prospect with MaxIV, ensure you do not let them off your net. Use your efforts, time, energy and resources to make them your customers.

Learn more traits of an excellent sales person at the next

ORAGON SALES & LEADERSHIP MASTERCLASS
| Lagos | Saturday | 07-DEC-2013 | 8am | ₦ 12,500
Today’s insight was brought to you courtesy.

ORAGON

SALES LEADERSHIP

ACADEMY