Tag Archive for: selling system

The One Thing That Will Change Your Sales World

/3 Comments/in , /by

Apologies to the person who created the “flower and the bee” concept but I think that epitomizes perfectly the problem with most sales processes today.

The-Flower-Does-Not

And do we ever have a problem.

The ‘flower and the bee’ phenomena goes like this: in nature the flower must pollinate itself. It sits there waiting for the bee (one of the many ways pollination happens) to pollinate it. The flower does not labor, nor does it stress about bees showing up. Bees, on the other hand, are scurrying about trying to find food, and pollinating the flower.

In business, sales people are typically the bees and the customer is the flower. Sales people scurry around the country looking for food.

Why does it have to be that way? Why shouldn’t the sales professional be sitting – allowing the prospect to show up for them? Why?

It’s because we don’t plan it out that way. (We actually might, secretly, like the scurrying about looking for plants -err prospects.)

We have bought into the flower/bee process so heavily in sales that we refuse to even admit that it’s all wrong. (We also do this when job searching…wrong again.) Read more

The Age-Old Problem in Selling is…

/1 Comment/in /by

The age-old problem in selling is: how do you get in front of a customer’s needs?

If your product is one which you can ‘manufacture’ the need for, then you might be able to cold call from a phone book and say the right things that brings awareness to the customer’s problem.

But if you’re in a business like most of us where the prospect actually must have some kind of a presenting need or pain, then you calling from the phone book will be a colossal waste of time.

I’m not like some of my colleagues who say that cold calling is a total waste of effort and energy, however I do think there are some things we can get out of a cold call that might be slightly different.

prospect sortingNo Longer a Seller. Forever A Sorter.

I prefer to look at this whole process of prospecting as a sorting mechanism.

I am sorting the people who will never do anything with me – from the people who don’t have a need right now but might soon – from the people who I just happened to call it the right time and they have an immediate issue.

So the first order of business is to change your mindset from one of a seller to one of a sorter. Once you do that, then you will need to determine what the categories are into which you will sort suspects and prospects. I like to look at this as a bucket scenario. Read more

Problems and Solutions In Talking Money With Prospects

/in , /by

To say that the discussion of money is the most important part of the sales process might be an over-reach. BUT, the fact is that if you aren’t willing to embrace the conversation about money, then you will be at a disadvantage further into the sales cycle.

Why do so many people have so many qualms with talking money? Well, in this Whiteboard Wednesday, Bill Caskey deals with it head-on, discussing the problems, the causes and the solutions that await you. As with any roadblock in the sales cycle, it all begins with “the inner game.”

3 Strikes and You’re Out – How Bad Impressions Can Cause A Prospect To Run!

/4 Comments/in /by

I’m sure we’ve all heard that saying, but it’s important because it applies to many aspects of life – interviews, dating, networking and presentations.

A few weeks ago, I reached out to a company via email to determine if their services fit our needs.   The owner contacted me a few days later and we discussed the purpose of my email.   I clearly explained what we were looking for and we then set a time to meet.

 

STRIKE ONE!

Upon arrival, the entire staff greeted me, that’s all fine and dandy, but I was blind-sided because I didn’t expect them to join us for the meeting.

So how did that make me – the prospect – feel in this situation? Confused. If your prospect is confused within 5 minutes of meeting you, then you’ve struck out.

√ THE LESSON: HAVE A CLEAR AGENDA AND MENTION ALL THE KEY PLAYERS PRIOR TO A MEETING WITH A PROSPECT OR CLIENT.

Before you meet with a prospect and even a client, send them a CLEAR outline.  The idea is to share the content of the meeting and inform them of other people who might join the meeting.

In our eBook, Email It – A Seller’s Guide to Emails That Work, we lay out the framework of how it might sound.  One of the pre-written emails, specifically Email The Agenda Upfront, we lay how to write this email.

Here’s a checklist of things you should put in the upfront agenda:

  • What you’d like to discuss in broad terms
  • Ask them if there is anything else they’d like to discuss
  • Introduce other people who might join the meeting
  • Anything they should bring (if this applies)

**This gets back to the premise that a person with a plan will be in control of the process and will create a great impression! After all, I’m sure you don’t want to confuse or surprise your prospect.

 

STRIKE TWO!

At the beginning of the meeting, each employee stared at me like a deer in headlights.  Clearly none of them knew what we were meeting about.

√ LESSON: EMAIL THE AGENDA TO ALL PEOPLE ATTENDING THE MEETING.

Use common sense.  If you’re bringing a colleague, your boss, a friend or whomever into a meeting with a prospect or client– always fill them in on ALL the details beforehand!

 

STRIKE THREE!

Don’t suggest the FULL enchilada unless you know all your prospect’s problems.

The company recommended the entire enchilada—after blindly diagnosing my pains and problems.  Little did they know, the tasty taco would have fixed my problems.

√ LESSON: ASK THE RIGHT QUESTIONS BEFORE YOU OFFER SOLUTION.

One IMPORTANT part of the sales process is to find the Compelling Reason for change.  As sales professionals, we have to get to the bottom of why a prospect would change what they are doing now to a new solution.

Here are some optimum questions we recommend you ask to find pain:

  1. “What do you see as the biggest issue keeping you from your vision?”
  2. “Why is that a problem?”
  3. “What have you done in the past to fix it?”
  4. “What happens if you decide not to take action?”
  5. “How much does it cost you to have these problems?”

Babe Ruth said, “Don’t let the fear of striking out hold you back.”  But if you only have three chances to hit a home run, then why not put your best foot forward and make a great impression?

 

How To Avoid Sales Mediocrity – If You’re New In the Profession

/in /by

We get a lot of emails and requests from our Advanced Selling Podcast listeners about how to break into the profession of selling.

There is no shortage of tips and techniques out there, but here are five things that we believe you really need to “get” for you to be successful out of the gate.  As a new salesperson in 2012, you have platforms and technology available to you that older people like us would kill for when we were starting.  So one of the biggest mistakes you can make is to not take advantage of what’s been handed to you.

1.    Get clear.  This could pertain to many things like your personal goals, your income goals, the number of new clients you want in a 12-month period etc. But I think the biggest thing you can get clear about is “the problems you solve.”  Clarity in that area will help you communicate your value and your intentions to your customer in a much more savvy way.

2.    Get a method.  90% of sales people don’t have or don’t use any kind of a selling system or method to help prospects walk through the process.  My contention is that most methods are just manipulative enough that sales people don’t like to use them.  A great method should be less about convincing someone to buy from you and more about a process of sorting those who are tire-kickers and curious only, to those who are serious buyers.  Sorting is the thing.  Amateur sales people close 15% of their proposals; professionals close 80.

3.    Get a coach.  I know what you’re saying, “How can I afford a coach when I just started in sales?”  My reaction to that is “It doesn’t matter. You must have a coach.” You must have someone there that you can confide in, whose shoulder you can cry on and who you can party with when things go well. But don’t make the coach your sales manager.  They have too much skin invested in your success.  Find someone, pay them if you like, who is unconditional about your success and doesn’t benefit in any way from it other than just the sharing of feeling of success, other than the feeling of knowing the coach contributed to your success in some small way. Read more