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Education




        Reset, revive your                                      For example, in football, if a quarterback throws a certain
                                                                pass to a receiver in practice, it should work in a game. If it
        2017 sales goals                                        doesn't, the pass play is wrong or they have not practiced
                                                                it enough. It's simple, but it works.

                                                                If your goal is to close 30 percent more deals in 2016, break
                                                                it into daily, weekly and monthly sub-goals to determine
                                                                how many cold calls you should make per month, week
                                                                and day, based on your cold call conversion rate, to reach
                                                                your goal. For example, if you are selling the American
                                                                Express One Point program, measure your results for
                                                                each day, week and month to determine your success, and
                                                                adjust your frequency or actions accordingly.
                                                                3. Create a schedule and prioritize often

                                                                Once you break your sales goal into daily, weekly and
                                                                monthly sub-goals, make a schedule. Again, using football
                                                                as an example, a team or individual is focused just on next
                                                                week's game. Sales is the same: focus on the week at hand
                                                                and the goal for that week. Having a schedule in place to
                                                                work on goals will help you measure your success and
        By Mike Ackerman                                        make necessary adjustments. This schedule should take
        DigiPay Solutions Inc.                                  precedent over non-priorities.
                                                                4. Create mini-rewards for sub-goals
                    ost merchant level salespeople (MLSs)
                    believe in setting sales goals, but many go no   Sooner  or  later,  you'll  find  an  excuse  to renege  on  your
                    further than setting a number and moving    commitment to improve. You may decide you deserve a
        M on. They think about winning but overlook             break after everything you've accomplished and promise
        the smaller workouts and competitions that will get them   yourself you'll pick up right where you left off after a pause.
        across the finish line. With 2017 in full swing, it's time to   However, such breaks can interrupt the chain of success
        reassess sales resolutions we made in 2016.             and throw salespeople off course. After a short hiatus, the
                                                                next phase of reaching a goal can feel like starting over.
        Are you a "set and forgetter"? If so, it's not too late. With
        the right sales plan, effort and commitment, lofty goals are   Create mini rewards for mini stages. A short-term bonus
        achievable. Creating a bulletproof sales plan begins with   is an excellent way to reinforce short-term goals. It could
        setting a goal and breaking it into manageable parts.   be a dinner, iPad or a weekend trip. If you fail to achieve
                                                                results, do not accept your short-term bonus. Tack the
        The following steps will help you reset and get on the fast   shortfall to the next "mini goal" to keep pace with your
        track toward your 2017 milestones:                      larger annual goal.
        1. Visualize your original objective and restart        5. Acknowledge small victories

        The first step in setting an achievable sales goal is to review   A well-defined path with associated rewards will help
        your original goal in detail and see exactly what you want   you accomplish your goal, much like it would help an
        to accomplish. As we near the end of the first quarter,   NFL football player. NFL teams keep players engaged by
        where do you see yourself nine months from now? Your    rewarding them for a great play or for accomplishing a
        goal might be to increase your residual by 30 percent over   difficult task along the path to the Super Bowl.
        2016. Are you on track, or have you fallen behind? How
        can you improve your performance?                       Remember, recognize your great plays, and reward
                                                                yourself along the way to your Super Bowl. When you
        2. Break your annual sales goal into smaller goals      hit a "mini goal," you will become more energized and

        Break long-term goals into a series of smaller, actionable   set your course with the focus and energy needed for the
        sub-goals. These sub-goals will get you focused on near-  long game ahead. A first-quarter reset, combined with an
        term milestones that get you closer to your main goal   honest assessment of your strengths and weaknesses, can
        and help you track progress. Here's a simple formula I've   set you up for a big win in 2017.
        used that always works: A x F = R. Action times frequency
        equals results.                                         Mike Ackerman is President of DigiPay Solutions Inc., which specializes
                                                                in high-risk, high-volume, card-not-present and business-to-business
                                                                merchant services. Contact him at mike@digipaysolutions.com.
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