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How to Communicate Effectively When Selling and at Other Times

How to Communicate Effectively When Selling and at Other Times

Most problems and complaints in sales and other relationships arise from poor communication. ‎Poor communication most often results from either miscommunication or a lack of ‎communication. Below are thirteen steps to ensure you communicate effectively.‎

Follow These Basics to Ensure Sales Success

Follow These Basics to Ensure Sales Success

John Wooden, perhaps the best college basketball coach ever, used to start each season by ‎showing players how to properly put on their socks and sneakers as a mistake here could ‎‎‘domino-effect’ its way all the way to lost games. Vince Lombardi, the great Green Bay ‎Packers coach, once said that football basically comes down to two things: blocking on offense ‎and tackling on defense, and those great Packer teams spent 80% of their time practicing those ‎two basics. ‎

Significantly Increase Sales by Practicing

Significantly Increase Sales by Practicing

Every sports team practices. Not just the pros. College, high school, pee-wee, shoot I remember ‎my Pony League baseball team practicing when I was five years old. Add to this the fact that ‎many, if not most, professionals practice. Would you want a heart surgeon who hasn’t practiced ‎on cadavers, and in many other ways, shapes, and forms, doing open-heart surgery on you? ‎

Sales is a Contact Sport

Sales is a Contact Sport

A few days ago, I was watching an Ed Mylett interview featuring Ryan Serhant, a highly ‎successful real estate agent in New York City. According to Ryan, a key factor in his success is ‎reaching out to 15 new people daily. This resonated with a conversation I had two months ago ‎with Rick Fingerman, a local financial planner, who shared a similar strategy. He recounted the ‎story of a very successful insurance agent who attributed his success to talking to three new ‎people seven days a week about what he did for a living. He said it didn't matter if they were at ‎the supermarket or he met them at church, the key was to talk to three new people a day.‎

Navigating Efficiency: The Benefits of Remote Online Notary for Yacht Brokers

Navigating Efficiency: The Benefits of Remote Online Notary for Yacht Brokers

We’ve all been there…inching towards closing day, and the client says, ‘I’m traveling, and I can’t get the ‎closing documents notarized for a few days.’ In our world of yacht brokerage, efficiency, accuracy, and ‎seamless transactions are paramount. The incorporation of a remote online notary has revolutionized the ‎landscape for yacht brokers, offering a myriad of benefits that streamline processes, enhance client ‎experiences, and elevate the overall efficiency of transactions.‎

Current Challenges in Market for 2023/2024

Current Challenges in Market for 2023/2024

We are just coming out of the fall boat show season. Atlantic-Cruising yachts had a company meeting to discuss the two main challenges facing our team this year. Many of us are aware of the rising interest rates and difficulty for clients to secure insurance for their boats. We had an insurance underwriter and a finance expert share some of their knowledge to help us educate our buyers so they can qualify and close on their new or used boats.

Are Salespeople Born Or Made?

Are Salespeople Born Or Made?

Are salespeople born or made? This is a question that comes up from time to time and, for some reason, has been coming up in my conversations a lot lately. It’s the old nature versus nurture. While most people are open-minded to both arguments, I’ve recently run into some people who are adamant about the subject, one in particular saying they are born, the other saying they are made. Here’s my two cents.

How to Guarantee Success in Sales

How to Guarantee Success in Sales

Sales success can be broken down to an almost mathematical equation that works every time. There is a direct correlation between work and results when it comes to sales success. If you do the proper amount of work in three key areas, you pretty much guarantee sales success.

It's All About Communication

It's All About Communication

Meaningful communication is a fundamental key to success in the yacht sales industry. Why is that? ‎Meaningful communication is the key to building relationships. And relationships drive success in yacht ‎sales. ‎

Motivating the Sales Team

Motivating the Sales Team

Recently I was speaking with the VP of Sales who said he was having trouble motivating his ‎salespeople. “They’re just not putting the work in. They’re doing the bare minimum and I can’t ‎seem to do anything to get them going.”‎

From COVID "Order-Taker" to Post COVID Professional Yacht Broker

From COVID "Order-Taker" to Post COVID Professional Yacht Broker

During the chaos of Covid, we as Yacht Brokers were becoming more of order takers than anything else, it ‎seemed. And although we enjoyed the times when we were selling everything we could get our hands on, ‎for record breaking prices month over month and year over year, at some point it had to slow down and ‎get back to normalcy. I feel like that trend is happening in all aspects of our jobs, from new boats being in ‎stock, to sell prices leveling out and in some cases falling, as well as more boats coming to market over ‎the recent months. ‎

Another Key to Sales Success

Another Key to Sales Success

A few months ago my article was centered around the number one sales success factor: hard ‎work. Again, that assumes you have at least average intelligence and work on the right things. ‎That said, being successful in sales also requires that you possess another key character trait: ‎self-discipline.‎ ‎

A Self-Regulated Industry

A Self-Regulated Industry

Working within a primarily self-regulated industry offers us a unique set of benefits that can lead to ‎professional growth and innovation. One of the primary advantages we have as Yacht brokers is the ‎freedom to make decisions based on our own experience and expertise rather than rigid external ‎guidelines imposed upon us, potentially by those not entirely understanding of our industry. This allows ‎Yacht sales professionals to adapt to change, experiment with new ideas, and respond effectively to ‎emerging trends within our quickly changing industry.‎

Yacht Stability: Considerations for Safety and Sea Worthiness

Yacht Stability: Considerations for Safety and Sea Worthiness

A yacht’s stability is defined, by boat designers, as both the ability of a yacht to resist capsize and once capsized, the ability of that yacht to recover to an upright position. The first part of this equation, resistance to capsize, arises primarily from two different sources: the yacht's form stability and the yacht's displacement.

How to be The Top Sales Rep in Your Industry

How to be The Top Sales Rep in Your Industry

Recently someone asked me how they can become the absolute best salesperson possible. This question caused me to go back and look at my 35-year sales journey in which I became a number one sales rep in three industries during my sales career and number one in two more during my sales training career when I had to prove to two eventual clients my ideas would work in their industries too by outselling all their sales reps. The plan below takes into account everything I’ve learned about what it takes to be number one in sales anywhere in any industry.

Get Involved – What Are You Waiting For?‎

Get Involved – What Are You Waiting For?‎

What are you waiting for? We don’t wait for the phone to ring, we make calls, send emails, ‎and grow our business. We don’t wait for customers to walk in our doors, we are active in ‎the boating community, market aggressively and make sure the buyers are finding us! ‎

Why LESS work is THE WAY to Business Success

Why LESS work is THE WAY to Business Success

The biggest issue I see with unsuccessful salespeople is that they aren’t willing to do the work. ‎Specifically, they aren’t willing to go out and make the calls and face the amount of rejection ‎they need to face in order to have a successful business. The most popular phrase I hear from ‎these people is, “I believe in working smart, not hard.” Obviously, you want to work smart ‎when and where you can. I’m not talking about hard work and grinding it out without any ‎thought. ‎

2024 YBAA Dues Renewal