Sales 101 Flashcards

1
Q

Who is FQ’s biggest competition?

A

C.H. Robinson, TQL, Coyote, & ECHO

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2
Q

What is the freight brokerage market size?

A

$50 Billion

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3
Q

What was FQ’s 2013 Revenues?

A

$700 Million +

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4
Q

What is the company’s revenue goal to reach in the next few years?

A

$1 Billion

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5
Q

Solution Sales

A

the ability to craft a complete, high level and complex solution to set a customer’s need

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6
Q

How do we make Solutions Selling Work?

A
  • Identify a customer needs early in the buying process
  • Determine what is required to fulfill the needs
  • Source capabilities
  • Enlist partners if we are missing capabilities
  • Oversee development of the solution
  • Deliver the solution
  • Close the sale
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7
Q

Not a “one call close” sales environment

A
  • Qualify account
  • Find their problems and present solutions
    ~ Increased Productivity
    ~ Improved service
    ~ Reduce cost
    ~ Run lots of quotes
    ~ Ask lots of relevant questions
    ~ Provide Incredible customer service
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8
Q

How to earn your business…

A
  1. Sell yourself
    - people don’t buy from people they don’t like
  2. Relationship and trust
    - Build rapport
  3. Ask for the business…again
    - Once you get the business, make sure you earn future shipments
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9
Q

Steps to Selling Freightquote

A
  1. Open: Introduction/Find the decision maker
  2. Body: qualification/determine needs
    - how will this benefit or enhance their current process?
  3. Proof: Follow up with a solution
  4. Close: Ask for the business
    - Run a quote
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10
Q

What is your objective for every call?

A

What specifically do you want this call to accomplish?

  1. Who is the decision maker?
  2. Get his/her email
  3. Get a load to quote on (an upcoming one or past one to compare pricing)
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11
Q

Is it important to befriend the gatekeeper?

A

Yes

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12
Q

Is it ok to qualify with the gatekeeper if the DM is not available?

A

Yes

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13
Q

What is an appropriate response to: “We don’t ship any freight out of here.”

A
  • “oh what do you folks do there…?”

- How are you handling your inbound freight…?”

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14
Q

What is an appropriate response to: “We’re all set, we like who we work with…”

A
  • “who do you guys work with?”

- “why did you decide to use them?”

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15
Q

Questions to generate discussion:

A
  • How many TL shipments do you ship a day/week?
  • How are you currently getting rates from carriers or brokers you work with?
  • How often do overflow or non-contract lanes arise and who gets to quote on those?
  • How do you know you are getting a fair rate?
  • What lanes do you run?
  • What are the consistent lanes or repeat shipments you do regularly?
  • How do you bring your materials inbound?
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16
Q

Ask, Listen, Discuss : talk about benefits to custer:

A
  • You get multiple quotes, carriers and transit times in one place so you can save time and have more control over your shipping
  • You get customer specific pricing
  • You save time and ensure accuracy with electronic BOLs
17
Q

Proof:

A

I have capacity
-We are currently trying to fill carriers’ capacity

I have a system: Pathfinder
-Propriety software that has access to capacity in lanes all over the country (unique to FQ)

Recurring Lanes
-We’ll work to match up consistent carriers for consistent lanes, ensuring reliable service

This is how I operate
-Will be calling frequently with live capacity

18
Q

What is one of the best things you can do to build your business?

A

Ask current clients for referrals

19
Q

Follow Up w/ Features and Benefits

A
  • Present new feature and benefit (something new - other carrier options)
  • Re-quote a recent shipment
  • Ask about different modes they use
20
Q

Why LTL?

A
  • When customers need to order something that doesn’t take up an entire truck, they use LTL
  • Instant Coverage
  • Set Cost
  • LTL carriers like us because we sell their service - they don’t have to deal with selling, collecting, etc.
  • We have deep discounts that the general public cannot get
  • We can customize our website pricing once we get the customer’s invoices
21
Q

G.A.S.

A

Give A Shit!

  • Must have great habits every day
  • must operate with highest gas level in industry
  • Must always remember we are on the same team
  • Must care about doing quality work, and developing each other
  • Winning is fun!
22
Q

Sales Process Flow

A

Call > Qualify > Present Solution > Close > Follow Up > Referrals