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Dont Sell - Let Prospects Buy |
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By
John Holland, co-author
CustomerCentric Selling
A buyer wants to buy a
television, but has no idea of
what is available or what his
needs are regarding size, brand,
DLP, High Definition, plasma,
etc. Upon entering a retail
store, a salesman asks: May I
help you? Strangely enough, the
buyer responds: No thanks. Im
just looking.
The response to the offer to
help would be significantly
different if the buyer had first
reviewed an independent
consumers guide. When entering
the store if he knew that he
wanted a 52
Samsung DLP High Definition
television, the buyer would have
accepted the clerks offer to
help. Why are the responses so
different?
Based upon past experience and a
general negative stereotype,
when meeting salespeople for the
first time, buyers assume that
they will be insincere,
aggressive, persistent, and more
interested in themselves (their
commission) than meeting the
needs of their customers. For
that reason, many people are
hesitant to allow salespeople to
influence their buying
decisions. If you were to ask
someone for their definition of
selling, you will hear words
like convincing, persuading,
overcoming objectives and
pressuring buyers.
Most people prefer to buy versus
be sold. The difference
between buying and selling is a
matter of who is in control.
While being sold, you may feel
that you are being manipulated
and pressured into buying
something that you may not need.
When you know what you want, the
salespersons role changes to
one of being a buying
facilitator. That is why the
informed TV buyer responds
differently to the sellers
offer to help.
Enterprise sales are more
complicated than retail sales,
but the same principles of human
behavior apply. Buyers want to
feel that they exert some
control or influence during
conversations with sellers. Most
superior salespeople intuitively
align with this need.
Take a moment and consider the
last call you made on a buyer
you were meeting for the first
time. If you could review a
transcript of that call, what
percentage of your verbal
communication would consist of
opinions and statements versus
questions? The best sales calls
are give and take conversations.
By asking relevant, directed
questions focused on determining
needs, a seller can establish
credibility with a buyer and
overcome the negative
stereotype. Questions also allow
buyers to exert some degree of
control of the conversation vs.
being forced to listen to spray
and pray product pitches. If
you agree people would rather
buy than be sold, then:
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Telling equates to selling
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Asking facilitates buying
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Consider making a conscious
effort to ask more questions to
improve the customer buying
experience. It will likely be
good for your customers and
prospects and ultimately for you
as well. Asking questions can
allow you to break the
stereotype, empower buyers and
differentiate yourself by the
way you sell.
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Can
you make your competition
disappear?
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By
Gabor Burt,
Blue Ocean
Strategy and
Value Innovation Expert
You can
make your competition irrelevant
by really understanding what
target customers ultimately
want. If your offering is
nothing more than an imitation
or incremental improvement of
your competition, then you are
stuck treading water in a red
ocean. But if you can clearly
distinguish yourself and deliver
superior value, then your
competition becomes irrelevant
and you will be in an
uncontested
blue ocean.
Consider
an example from the world of
sports. In the 2000 Sydney
Olympic
Games
a swimmer from
Equatorial Guinea qualified for competition not by
meeting the minimum time
standard, but by winning a wild
card entry. Such cards are
randomly allocated to athletes
from small, third world
countries who otherwise would
have no chance to meet the
competitive standards. The
intent is to make the Olympics a
truly world-encompassing event.
This particular athlete gained
instant celebrity status by
flailing and splashing his way
to an unforgettable last place
showing. Being exposed to a full
size swimming pool for the first
time, and uninitiated in the
ways of a diving start, he
somehow managed to finish the
100-meter heat to the
spectators uproarious
reception. Such a display of
courageous dilettantism made him
one of the most talked about
athletes of the games, winning
him worldwide fame, celebrity
invitations and attractive
promotional opportunities. Why
such raving success for the
worst swimmer in Olympic
history? Because he
unintentionally sidestepped
head-on competition with his
much more qualified rivals, and
instead gave spectators what
they really wanted:
inspirational entertainment.
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Look for the loose
brick to close deals |
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By Keith Ferrazzi, author
Never Eat Alone and CEO
Ferrazzi Greenlight
I hear salespeople say that
speaking to a particular
prospect was like "hitting a
brick wall." The prospect's
guard was up in full force. The
prospect seemed to get bored or,
worse yet, to actually become
defensive or offensive, as the
case may be, every time the
salesperson mentioned a product
benefit or feature. And many
times, the salespersons
response is to attack harder,
perhaps even in an equally
abrasive or condescending way.
Attacking head-on is clearly not
the answer. I promise it is
painful. Instead, look for the
loose brick. No matter how hard
the brick wall, theres always
one loose brick, the one thing
that the client is most
concerned with at the time. And
its rarely related to the
products or services you are
selling.
Sometimes people have fears or
frustrations about their job or
boss and they would just really
appreciate you offering an
understanding ear. I, for one,
spend a lot of time helping my
CMO clients improve their
working relationships with their
CEOs and CFOs. They're concerned
with positioning themselves
appropriately to gain respect
from those executives. Of
course, my take on marketing and
sales doesn't hurt. It's music
to the ear of CEOs to hear their
CMOs begin talking about
creating marketing strategies
that shift spending from
broadcast advertising to client
relationship-building and sales.
Remember, if you get resistance,
stop thinking about selling.
Listen carefully for what the
person (not the "client" or
"customer" at that point) really
needs. In the same way they say
it is one step that begins the
journey of a thousand miles,
it's by finding that one loose
brick that will lead to a
prospect letting down his entire
wall of defense.
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Forecasting -
Salespeople shouldn't do it |
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By Michael Green, Chairman,
SalesGene Corporation
Sales Managers as well as Sales
Representatives are very busy
people. As much as the Sales
Manager would just love to know
every intimate detail of every
account in his or her territory,
the reality is, he or she cares
about and is responsible for
properly managing his or her
territory and personnel, but
most important-closing business!
What does a Sales Manager really
care about? Simply said, answers
to the following:
How Much is the deal worth? When
will it close?
What
do we have to do next to get it
closed?
Sales software solutions today
are great at answering the first
question. However, they are
particularly ineffective at
answering the when and what
next questions.
Lets examine one of the most
important things that
salespeople, sales managers and
corporate executives have to
report: Forecasting upcoming
business. Talk about things that
people hate to do! In most
companies, forecasting is an
art, not a science. On a
regular basis, salespeople are
required to basically look into
a crystal ball and predict the
future. Most of the time, this
is nothing more than a
guess
as to how large the deal is, and
when an order or contract will
be complete or close. Best case,
it is simply the salespersons
opinion!
The next step is for the
salespersons manager to weigh
in with his or her opinion based
mostly on the experience he or
she has with that individual
salesperson. In the sales world
we call this handicapping.
Some salespeople are what we
call sandbaggers and will
forecast very conservatively and
thus prefer to become heroes
rather than goats when they run
in at the last minute with the
quarter-saving order. On the
other hand, there are
salespeople who forecast
everything with high value and a
high probability (in order to
keep their manager off their
back) but rarely come through
with what they promised.
There is something fundamentally
wrong with this process, because
the entire company is relying on
this information, probably THE
most important information, and
it is the basis for everything.
And sadly, it is solely based on
the opinion (nothing more) of
the sales organization. Human
Resources and Support Services
needs to determine how many
people will be needed to manage,
build and support the companys
product or service. The
Manufacturing organization
naturally needs to know how many
components to buy or services to
acquire. And yes, these critical
decisions once again are
determined by the sales
forecast.
Since Landslide was designed by
salespeople for salespeople, we
understand and completely
respect the need for
forecasting. But we believe it
should be much more determined
by what was
really accomplished by the salesperson,
based on a proven path that
historically has worked
successfully in the company.
Landslide keeps track of
activities and tasks as they are
accomplished by the salesperson
and requires little or no
additional data entry. The
software generates the
forecasts based upon where a
salesperson is in the sales
cycle rather than their
opinions. We do understand that
from time-to-time, there is a
bit of art that creeps into
the desired scientific sales
process, which is why we provide
intelligent ways to
tweak/modify/override the
forecast based on knowledge
acquired outside the
pre-determined methodology. If
you are a career salesperson
like me, you will appreciate
this new approach to
forecasting.
Ill discuss the need for
solutions that also show
a salesperson what to do next to
move a deal along in the next
issue of ProvenPath.
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Landslide helps
RobinSoft implement a consistent
sales process |
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RobinSoft Corporation is a small
start-up headquartered in Union
City, Georgia, that provides
school administration software
for small to medium
post-secondary schools. Using
software from Pittsburgh-based
SalesGene, the company has
recently established a sales
process that keeps all
customer-facing employees on the
same page. SalesGenes Landslide
application enables RobinSoft to
guide sales people through the
best sequence of steps to turn a
prospect into a customer, so
each member of the sales team
can leverage the same strategic
message, tactics and marketing
collateral to close a deal.
According to RobinSofts
Director of Sales & Marketing
Catherine Garland, the software
helps streamline communications
and keep the sales and marketing
teams in sync, even when they
operate in disparate locations.
Landslide is helping us work
smarter by following the most
effective process to move
prospects through the sales
cycle, says Garland.
RobinSoft also uses the
Landslide io channel, a secure
portal for exchanging
information with customers. The
io channel offers a unique way
to engage with customers,
maintain ongoing communication
and enhance the overall customer
relationship. By collaborating
with product marketing, we can
populate each customer's site
with the latest pricing sheets
and brochures, and feel
confident that we are sharing
the most updated collateral.
The io Channel also allows
RobinSoft to launch WebEx
meetings and product
demonstrations directly from the
site, which, according to
Garland, is a surefire way to
close a deal. Garland adds, As
our sales team grows, Landslide
is helping to train new members
to sell our GradPro software. By
combining Landslide with their
own sales skills, we feel they
have everything they need to be
successful.
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