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Define a Single Sales Objective (SSO) - it
should always be (SMART) i.e. Specific, Measurable, Achievable,
Realistic, Timely .
Define Buyers Business Requirements -
following the first 'sales call' (see below), write down a specification of the
buyer needs and wants during and after the meeting.
Establish the Basis Of Decision/ Management
Considerations - these are the reasons why they want to buy.
Discover Background - understand the facts
behind the current situation by asking lots of questions to qualify the
opportunity.
Submit a Proposal - a professional written
short document outlining the various options and with a recommendation.
Define Detailed Costs - of any solution,
which ideally should include 3 options for the customer to choose from (as
opposed to feeling boxed in with just one option).
Clearly Establish the Business Benefits -
always be clear about the differences between features, advantages and business
benefits. Junior salespeople with verbal diarrhoea tend to use the 'scatter gun'
features and functions approach without listening or turning these features into
quantifiable and meaningful business benefits. You must be able to quantity and
communicate your business benefits to the prospect, in terms of pounds, shilling
and pence. If you can't explain to your prospect how your solution will make or
save them time or money, your probably talking more about features and
advantages than business benefits.
To make your job even harder, most buying decisions
in large organisations tend to be dependant on the 'emotional wins' for the
buyer, not business benefits. After all, its not their money they are spending -
its the companies. Business Benefits are product or service related; they
describe the impact on the prospective customer business (lower total cost of
ownership, increased efficiency, etc). Whereas 'Wins' are personal and describe
how the prospective customer personally gains from the results i.e. (control of
others/ subordinates, to be seen as the instrument of change, gain recognition,
gets more leisure time). Wins are personal, non organisational, subjective and
highly emotional). Remember that organisations obtain results, only people can
win.
Recommend an Implementation Plan - give the
buyer some reassurance with a professional project plan. Let them own the
implementation plan before closing. You could do this by asking them to amend
the draft project plan. Use a project manager is possible to make it believable,
realistically deliverable and include some contingency cost and time (to save
you potential cashflow
problems in the future)..
Close the deal - always ask for this
business. The customer is always waiting to be asked and may feel embarrassed
asking how they go about placing an order.
Preparation Prevents Poor Performance - (as the old sales adage goes), always prepare for all sales
meetings with a written meeting plan. First, try and speculate the financial
value your offering could represent for prospect buyer's company is implemented.
Look at the impact on their business relative to the investment they must make.
Keep things in perspective. If what you're selling has minimal impact on
their buyers overall business goals keep this in mind. In addition, to help
prepare, obtain some background information to educate yourself on what the
buyers company does… Gain basic facts before the meeting by analysing the
prospects business in terms of its environmental threats and opportunities,
discover their business objectives, products and services, competitors,
financial performance, ownership, number of employees, structure, partners/
alliances. Most of this information in the public domain and can be easily
obtained via their website, company reports, trade magazines and news reports.
Next, check you will be meeting with the correct person – do they have authority
to raise a purchase order on the day? Confirm in writing a suggested agenda, so
there are no surprises on either side. In the letter, always invite them to
amend the agenda, so they ‘own it’ and feel they are in control of the proposed
meeting. Your agenda must help to assist you in achieving your SMART sales
objective.
The Opening Statement - at the meeting
(after the inevitable initial pleasantries), state your opening statement i.e.
““I am here to talk to you about your business needs, discuss possible
solutions, provide an indication of how XYZ would tackle the problems as well as
agree a way forward”. (choose your own words). This may feel scripted and
unnatural. However, it avoids meetings that lack business clarity and purpose
and run the risk of reverting to a ‘comfortable chat’. If you are naturally shy
or quiet, stating your objective at the beginning of the meeting helps boosts
self confidence. Anticipate possible objections and prepare counters for
them. A useful tool is to prepare some matching case studies that resonate with
the prospects situation. From this point, follow your agenda to find out
the specific business requirements of the prospect company. There are a
number of well established questioning techniques to achieve this such as
S.P.I.N. This involves establishing the facts of the situation,
turning implied problems into explicit ones and gaining commitment through 'pay
off' questioning. However, it should be even more important to you
to find out the 'emotional wins' of the prospect, by building trust and
rapport....
Building Rapport - when people are like each
other they tend to like each other - if there is no rapport, a sales order is
unlikely to follow. We all use non verbal communications:
tonalities, facial expressions, body postures, and physical actions to get our
message across. To gain essential rapport, observe and listen to identify your
clients preferred type of communication norms and then communicate in those
norms back to them… . So (without trying to appear unnatural or overtly weird)
subtly match and mirror the buyers tonality, keywords, language, tone, tempo and
pace. In addition, matching their sitting position and breathing all helps to
build rapport. In addition we all speak in different ways; we talk
about how we picture, say, and feel about ourselves. For a fantastic in
depth analysis on this area try reading
UnlimitedPower from
AnthonyRobbins. It is vital you listen to the language most commonly
used by the prospect, in order to communicate back in their style of language.
To establish this, ask questions and listen to how your
prospects:-
Communicate Orally - "I saw this
product at a trade show", or “I heard this product is the best", or “I
just feel this product is best for me";
View Situations - they will either being
naturally 'moving away from' or 'going towards' people. Simply ask them:
"What's most important to you about this project?";
Reasons with Possibilities - they will
choose to act out of either necessity or possibility. Ask: "what made
you choose your last supplier?";
Judge Their Effectiveness - ask: "How do you
know when you've achieved the result you want?" - they will answer that they
either seek assurance form others (external frame) or just made the decision
themselves without any help (internal frame);
Become Convinced - do they point out what's
the same now as before or do they point out what's different .
Ask: “How do you compare this situation with that similar situation?"
Make it Personal - take an active interest
in the buyers own personal interests. Find out what their hot buttons are i.e.
family names and ages, education, interests, where they live, come from,
hobbies, political and moral attitudes, holidays, health, ambitions and so on.
Take a real genuine interest and remember the answers and write them down after
the meeting. Don’t be afraid to impart your personal interest to become a 'real
person' not just a salesperson. Smile (and mean it). Be polite. Avoid highly
divisive topics like politics as you may come unstuck very quickly. Use
first names if he or she asks, but start with Mr/ Miss to be safe.
I’m Not Interested - Mr Bloggs, I can understand
you not being interested in something you have not had a chance to hear about.
However, so you can judge this for yourself. WOULD YOU…
I’m Too Busy - Mr Bloggs, I appreciate that you
are a busy man, that is precisely why I am telephoning you for an appointment
rather than calling on you on the off chance. WOULD YOU…
Just Send Me Details - Certainly I will send you
details Mr Bloggs, However, they won’t be of much value unless they are put
into the context of your situation, that’s why this idea might be of value to
you. WOULD YOU...
"Selling is about risk minimising"
"Never confuse a sale with the facts"
"Selling is about meeting people's expectations"
"Never guess, ask"
"Why be complicated when you can be obvious"
"Procedures and processes complicate business"
"The listener is always in control"
"People do not buy from companies they buy from me"
"Keep it simple - sell the Dream not the Product"
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