Basic Business Cents
Some people denigrate themselves and think they
can’t sell. They view others as born salesmen and defeat themselves. I submit
that selling is a process like every other facet of business and
therefore a science rather than art. It can be defined as a customer focused
approach presenting the product/service to meet the customer’s needs. The sales
process can be viewed in three areas, Listen, Learn, and Adjust. These areas
are not serial but intertwined.
Listen
Many sales people make a big mistake by opening the
discussion with the prospect by telling about their company, their
products/service, and themselves. This can be boring, irrelevant, and
self-centered. Prospects are more interested in their business, their problems,
and themselves, so ask questions to get them to start talking. Then listen and
learn. People prefer talking about themselves rather than listening to others
talking about themselves. These questions might include probing for insight
into the prospects wants and needs, what is important to them, their aim or
vision for the future, what causes them problems, and what is their desired
result from meeting with you. Listening and talking in their language helps to
build a strong relationship.
Learn
There are two parts to the Learn area, pre-visit and
during the visit. If possible, do the homework before the contact to show your
understanding of your prospect and his/her problems. Plan the sales call and
negotiate access to the most senior decision maker. Learn names of relevant
people involved, their positions and level of influence, and if the prospect is
funded for the solutions to their problems. Study the prospect’s business,
their competitors, trends in their industry, and what others are doing to solve
problems. Gather appropriate references and case studies to support your
products/services. Plan the sales call. Anticipate objections and develop
solutions to them with your products/services.
Observe the surroundings and the body language of
the prospect during the contact. Body language is very informative and will let
you know if you are on the right track. Probe for insights into problems or
areas that can use improvement. If you listen well, the prospect will tell you
what he/she wants to hear to become sold. Practice your sales call. There is a
great saying, “The best extemporaneous talk is well rehearsed.” Avoid a canned
sales pitch but be proactive and plan what you intend to do and say, how you
will turn objections into positive points, and how you will close. Then be
flexible.
Adjust
It is safe to say the conversation will not quite go
as expected, but with proper preparation you can adjust to the situation. Fit
your product/service to the recognized need. Speak in the terms of the
prospect, propose solutions that have value, and sell benefits as opposed to
features.
Repeat the problems in your words to show that you
understand what your prospect is facing in detail; only then should you offer
your solutions. The value of a salesperson is value creation for both the
customer and his/her company.
Deal with questions and objections as they arise and
never put them off. Avoid disagreeing with the prospect.
Use a trial close when the prospect agrees that your
solution will work. If the sale is not consummated at this point you can use
case studies where the solution has worked for others, or you can offer
references. Make sure you have the permission of satisfied customers to use
their name in your selling pursuits. Differentiate yourself and therefore your
product/service will not be viewed as a commodity that can be compared on price
alone.
Always, always follow up, whether you win the sale
or not, to maintain a relationship with the prospect. A letter or email simply
thinking them for their time and interest followed by a statement of what you
learned about their business and challenges and how you can provide solutions.
Close with next steps as you see them.
The
above are fundamental steps in selling but develop your own process because you
are unique. Then by continuing to practice, rehearse, and improve you will
develop into a successful sales person. You may be viewed as a born salesperson
but you know in your heart it is because of your customer-centric selling
process that you have developed, improved, and practiced over time.