| Casual Articles |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Sales > The Struggle to Decide: The Paths Customers Take to Solve Problems |
|
Casual Articles - The Struggle to Decide: The Paths Customers Take to Solve Problems
Proven Secrets to Keeping Your People and Increasing Your Profits d the appropriate product to suit their problem, the prospect likes you, your price point is appropriate, and you were the best solution for the prospect – and then they didn't buy you? How many times? How many times did you just KNOW that you were going to close, and something happened, and you didn't.Why are people changing jobs so quickly these days?Here are a few reasons why:They have a boring job therefore they feel they are not achieving anything.They have no leader to follow.They feel unappreciated.They work long hours and want a life.They are not paid what they are worth.The above reasons are not taken from any figures or facts stated in publications and general media. This is what the people themselves tell me. They are the words from the coal face, real people…managers, personal assistants, administrative staff, sales people; regular run-of-the mill people.It doesn't take much to retain valuable people and one of the easiest ways is to offer flexibility.Where is the Family Friendly Workplace?One of my clients - John - who is a manager in a large organisation - was telling me that his wife Mary, an accountant recently changed jobs, from working part-time in a suburban practice to full-time in the city. She did this as a career move as she couldn't find stimulating work part-time in suburbia. (I'm su What happened? There are ever-so-many reasons why you didn't close. I bet I can name even more than you can – every industry has it's favorites and they all sound plausible, or at least have been deemed ‘acceptable' because they've been adopted as acceptable by the industry. Except the end result is the same. You lost the sale. And Dale Carnegie, and David Sandler and SPIN get you the exact same percentage closing ratio that all of your colleagues, and competitors, have. Obviously, the buyer's solution design is not about your product or your personality or even the buyer's need: it's not in your hands. Indeed, the buyer must design The FBI Getting Ready to Make a Huge Bust on Chinese Spy Ring Usually my essays discuss the issues that the ‘sales' method initiates, methods such as over-long buying cycles, product and brand differentiation problems, price competition, and objections. This article focuses on the buyer: what, precisely, is the real problem they face; and how you lose differentiation/competitive edge/time through your faulty assumption that a sale can be achieved through a clear-cut equation:The Federal Bureau of Investigation is getting ready to make a huge bust on a giant Chinese Spy Ring, which goes very deep and involves many players. In fact, the group has been operating for years in the United States and stealing technology. The number of companies they are involved with is astounding and the number of college students who are involved is also interesting.In fact the number of important bureaucrats and officials is scary. The number of nationalities involved in this ring and ad hoc circle of friends we'll give you a headache just looking at the spider web of all the people involved.Luckily the FBI has got to the bottom of all this and is getting ready to make a huge announcement. I know this because I heard about it in a dream and I always trust my dreams how about you? Much of the corporate espionage involves military contractors and equipment manufacturers, which the Chinese spy ring has infiltrated.The spy ring is happening in more than one country. This is an interesting development but it is nothing new as intelligence officials and the community is well aware that this has be problem + appropriate product + professional sales effort = sale. Let's look at the fact pattern here: when you first contact a prospect, you somehow have already decided they would most likely need your product: you've done some sort of homework that leads you to recognize a demographic fit, or you identify a trigger that makes you believe they have a need you can resolve, or they are just within your customary prospect range (i.e. all companies/people with X). If I haven't mentioned your specific way of identifying a prospect, please forgive me, but the pattern is the same: you are on the outside looking in, making a best guess, and hoping that the product, the problem, the effort, and the prospect, will all come together to close the sale. Indeed, sales don't close that way, and prospects can't be identified on the outside. Herein lay the age-old sales problem. In fact, buyers only buy when they know how to recognize, align, and manage all of the internal criteria that has created the identified problem – criteria that would need to be addressed before they will consider adopting a solution. DALE CARNEGIE Basic selling – as taught by the master we all still follow – taught us (in 1937 in How to Win Friends and Influence People ) that we first need to develop some sort of a relationship, see the prospect face-to-face, call them by name, and gain some understanding of their needs. And we've made headway in the last few years, developing new facets of sales to help sellers gain more complete understanding of the buyer's situation (The ‘consultative' trend began with Linda Richardson and Larry Wilson in the mid 80s, to be followed by Neil Rackham and SPIN, Jaques Werth and Solution Selling, and David Sandler and Sandler Sales.). More recently, others have carried the idea a bit further by helping you either understand the buyer's environment, or make the appropriate appointment, or potentially close the sale more quickly. But all of the above sales models are based on you pushing from the outside (even though you may think you are just attempting to help or find someone with a true need), and you end up having to overcome objections and pitting yourself against the competition, and managing gatekeepers - all the result of being the outside ‘element' attempting to get inside a closed system. Think about it for a moment: every sales problem that ever existed still exists. Thousands of books have been written on ‘getting through' the gatekeeper, making ‘the' appointment, handling objections, understanding the buyer/problem/buying environment and closing the sale. Indeed, these are the very same hindrances that Dale Carnegie wrote about in 1937. We continue to experience at least a 90% failure rate as a result of the process itself. I've worked with every type of sales situation at every end of the spectrum – small sales, large projects, B2B, B2C, telemarketing, global project teams, and in every industry - and the challenges remain basically the same because you're all doing the same thing at a systems level: standing on the outside, pushing product/appointment/information and attempting to get in. And every sales manager I've spoken with knows the system of ‘selling' doesn't work… but continues to do it anyway because that's all there is to use. WHY ISN'T HAVING A SOLUTION ENOUGH? How many prospects have you met in which you've had the appropriate product to suit their problem, the prospect likes you, your price point is appropriate, and you were the best solution for the prospect – and then they didn't buy you? How many times? How many times did you just KNOW that you were going to close, and something happened, and you didn't. What happened? There are ever-so-many reasons why you didn't close. I bet I can name even more than you can – every industry has it's favorites and they all sound plausible, or at least have been deemed ‘acceptable' because they've been adopted as acceptable by the industry. Except the end result is the same. You lost the sale. And Dale Carnegie, and David Sandler and SPIN get you the exact same percentage closing ratio that all of your colleagues, and competitors, have. Obviously, the buyer's solution design is not about your product or your personality or even the buyer's need: it's not in your hands. Indeed, the buyer must design The Power of Thanking People With Handwritten Notes --Show Gratitude , please forgive me, but the pattern is the same: you are on the outside looking in, making a best guess, and hoping that the product, the problem, the effort, and the prospect, will all come together to close the sale.Can you think of all the people in your life who helped you, especially when you were experiencing adversity or when you were at a crossroad of sorts?Was it......*a teacher like Mrs. Jordan (my fifth grade teacher) who said the right thing at the right time?*the person who wrote a glowing recommendation letter that won you a major scholarship or admission to your school of choice?*mentors who appeared at just the right time to guide you personally and professionally?*the gatekeeper who put your important phone call through to the company bigwig?*a friend who consoled you through a painful time?*a stranger who did you an extraordinary act of kindness?*someone who opened the door for you, leading to incredible opportunities?*the minister who listened to you for hours?*family members who've supported you with love and encouragement?*your boss who backed you up in the midst a major corporate crisis that threatened to put you out of a job?Why not become extraordinary, stand out from the crowd and send these people handwritten notes, thanking them Indeed, sales don't close that way, and prospects can't be identified on the outside. Herein lay the age-old sales problem. In fact, buyers only buy when they know how to recognize, align, and manage all of the internal criteria that has created the identified problem – criteria that would need to be addressed before they will consider adopting a solution. DALE CARNEGIE Basic selling – as taught by the master we all still follow – taught us (in 1937 in How to Win Friends and Influence People ) that we first need to develop some sort of a relationship, see the prospect face-to-face, call them by name, and gain some understanding of their needs. And we've made headway in the last few years, developing new facets of sales to help sellers gain more complete understanding of the buyer's situation (The ‘consultative' trend began with Linda Richardson and Larry Wilson in the mid 80s, to be followed by Neil Rackham and SPIN, Jaques Werth and Solution Selling, and David Sandler and Sandler Sales.). More recently, others have carried the idea a bit further by helping you either understand the buyer's environment, or make the appropriate appointment, or potentially close the sale more quickly. But all of the above sales models are based on you pushing from the outside (even though you may think you are just attempting to help or find someone with a true need), and you end up having to overcome objections and pitting yourself against the competition, and managing gatekeepers - all the result of being the outside ‘element' attempting to get inside a closed system. Think about it for a moment: every sales problem that ever existed still exists. Thousands of books have been written on ‘getting through' the gatekeeper, making ‘the' appointment, handling objections, understanding the buyer/problem/buying environment and closing the sale. Indeed, these are the very same hindrances that Dale Carnegie wrote about in 1937. We continue to experience at least a 90% failure rate as a result of the process itself. I've worked with every type of sales situation at every end of the spectrum – small sales, large projects, B2B, B2C, telemarketing, global project teams, and in every industry - and the challenges remain basically the same because you're all doing the same thing at a systems level: standing on the outside, pushing product/appointment/information and attempting to get in. And every sales manager I've spoken with knows the system of ‘selling' doesn't work… but continues to do it anyway because that's all there is to use. WHY ISN'T HAVING A SOLUTION ENOUGH? How many prospects have you met in which you've had the appropriate product to suit their problem, the prospect likes you, your price point is appropriate, and you were the best solution for the prospect – and then they didn't buy you? How many times? How many times did you just KNOW that you were going to close, and something happened, and you didn't. What happened? There are ever-so-many reasons why you didn't close. I bet I can name even more than you can – every industry has it's favorites and they all sound plausible, or at least have been deemed ‘acceptable' because they've been adopted as acceptable by the industry. Except the end result is the same. You lost the sale. And Dale Carnegie, and David Sandler and SPIN get you the exact same percentage closing ratio that all of your colleagues, and competitors, have. Obviously, the buyer's solution design is not about your product or your personality or even the buyer's need: it's not in your hands. Indeed, the buyer must design It's Time To Step Up To The Plate, The World Needs Us, Printing, Promotional Products What's Up! help sellers gain more complete understanding of the buyer's situation (The ‘consultative' trend began with Linda Richardson and Larry Wilson in the mid 80s, to be followed by Neil Rackham and SPIN, Jaques Werth and Solution Selling, and David Sandler and Sandler Sales.).Look around. Hurricanes, floods, earthquakes, plant closures, hunger, dispair, you might think that the end was near. There are those that see the glass as half empty and others that see the glass as half full. Pessimists or optimists, it's time for every body to step up to the plate. The analogy holds even as we watch the baseball playoffs. With all the tragedies, we live in a CNN now world. Hurricane Katrina while captivating everybody a few weeks ago, today is a memory to most. The good thoughts and instant charity contributions have now passed and the earthquake in Pakistan has now taken over the headlines. It is impossible to help all those that are effected and to help those until they overcome all their challenges.Should we then just give up? I'm an optimist. I think that if you fight your way through the crap eventually you can see the light. After a while the tradgedy is just a memory. It's the same way when we deal with a personal tradgedy. Seeing some one with a terminal disease can overcome many. You forget the world around you and concentrate all your time and effort on this person and rightly so. Unfor More recently, others have carried the idea a bit further by helping you either understand the buyer's environment, or make the appropriate appointment, or potentially close the sale more quickly. But all of the above sales models are based on you pushing from the outside (even though you may think you are just attempting to help or find someone with a true need), and you end up having to overcome objections and pitting yourself against the competition, and managing gatekeepers - all the result of being the outside ‘element' attempting to get inside a closed system. Think about it for a moment: every sales problem that ever existed still exists. Thousands of books have been written on ‘getting through' the gatekeeper, making ‘the' appointment, handling objections, understanding the buyer/problem/buying environment and closing the sale. Indeed, these are the very same hindrances that Dale Carnegie wrote about in 1937. We continue to experience at least a 90% failure rate as a result of the process itself. I've worked with every type of sales situation at every end of the spectrum – small sales, large projects, B2B, B2C, telemarketing, global project teams, and in every industry - and the challenges remain basically the same because you're all doing the same thing at a systems level: standing on the outside, pushing product/appointment/information and attempting to get in. And every sales manager I've spoken with knows the system of ‘selling' doesn't work… but continues to do it anyway because that's all there is to use. WHY ISN'T HAVING A SOLUTION ENOUGH? How many prospects have you met in which you've had the appropriate product to suit their problem, the prospect likes you, your price point is appropriate, and you were the best solution for the prospect – and then they didn't buy you? How many times? How many times did you just KNOW that you were going to close, and something happened, and you didn't. What happened? There are ever-so-many reasons why you didn't close. I bet I can name even more than you can – every industry has it's favorites and they all sound plausible, or at least have been deemed ‘acceptable' because they've been adopted as acceptable by the industry. Except the end result is the same. You lost the sale. And Dale Carnegie, and David Sandler and SPIN get you the exact same percentage closing ratio that all of your colleagues, and competitors, have. Obviously, the buyer's solution design is not about your product or your personality or even the buyer's need: it's not in your hands. Indeed, the buyer must design What Makes a Successful Negotiator? Five Steps to Negotiating Like an Expert een written on ‘getting through' the gatekeeper, making ‘the' appointment, handling objections, understanding the buyer/problem/buying environment and closing the sale. Indeed, these are the very same hindrances that Dale Carnegie wrote about in 1937. We continue to experience at least a 90% failure rate as a result of the process itself.My husband loves to negotiate. So much so that whenever I need to buy new running shoes, he always buys a pair, too, with the hopes that he can swing a "deal" with the store by buying two pairs at once. Of course, he never gets a discount, but what I find fascinating is the number of times he asks for a discount, doesn't get it, and still buys the item at full price anyway.I started thinking about this from the seller's perspective, by analyzing my own negotiation techniques, and those of my clients. The questions I wanted to answer were: Exactly what makes a successful negotiator? And what do they do differently from the rest of us to get the price they want, while still leaving their customers feeling that they're getting a good deal?The following simple five-step process can help maximize your results each time you negotiate. Even better, I find it works wonders at every stage of the sales process, from negotiating price to discussing delivery, added product features or any other terms your prospect is looking for a break on.Step 1: Get into the right frame of mindThe first thing you have to do I've worked with every type of sales situation at every end of the spectrum – small sales, large projects, B2B, B2C, telemarketing, global project teams, and in every industry - and the challenges remain basically the same because you're all doing the same thing at a systems level: standing on the outside, pushing product/appointment/information and attempting to get in. And every sales manager I've spoken with knows the system of ‘selling' doesn't work… but continues to do it anyway because that's all there is to use. WHY ISN'T HAVING A SOLUTION ENOUGH? How many prospects have you met in which you've had the appropriate product to suit their problem, the prospect likes you, your price point is appropriate, and you were the best solution for the prospect – and then they didn't buy you? How many times? How many times did you just KNOW that you were going to close, and something happened, and you didn't. What happened? There are ever-so-many reasons why you didn't close. I bet I can name even more than you can – every industry has it's favorites and they all sound plausible, or at least have been deemed ‘acceptable' because they've been adopted as acceptable by the industry. Except the end result is the same. You lost the sale. And Dale Carnegie, and David Sandler and SPIN get you the exact same percentage closing ratio that all of your colleagues, and competitors, have. Obviously, the buyer's solution design is not about your product or your personality or even the buyer's need: it's not in your hands. Indeed, the buyer must design No Marketing Budget? No Problem! 9 Free and Cheap Marketing Ideas You Can Use Today d the appropriate product to suit their problem, the prospect likes you, your price point is appropriate, and you were the best solution for the prospect – and then they didn't buy you? How many times? How many times did you just KNOW that you were going to close, and something happened, and you didn't.Forget "bang for your buck." You can market yourself and your services for free with these easy self-promotion tips:1. Create a signature line and append it to all outgoing e-mail messages. Include your name, the name of your business or something to identify your services, your website address, and contact information. Make it very easy for potential clients to contact you and pass your name along to others.2. Participate actively in free e-mail discussion lists and online forums related to your target market or area of expertise. Asking questions makes you approachable, answering them gives you credibility, and reading others' comments is like a dozen free marketing and business courses rolled into one. Include your signature in every post.3. Submit your website to the major search engines and indexes: Google, MSN, Yahoo!, Open Directory, Looksmart, and others. It's not particularly difficult to do it manually, but you may benefit from checking out a service like the one offered by Robert Woodhead at SelfPromotion.com. He provides straightforward search engine optimization (SEO) info and explains the e What happened? There are ever-so-many reasons why you didn't close. I bet I can name even more than you can – every industry has it's favorites and they all sound plausible, or at least have been deemed ‘acceptable' because they've been adopted as acceptable by the industry. Except the end result is the same. You lost the sale. And Dale Carnegie, and David Sandler and SPIN get you the exact same percentage closing ratio that all of your colleagues, and competitors, have. Obviously, the buyer's solution design is not about your product or your personality or even the buyer's need: it's not in your hands. Indeed, the buyer must design her own solution, and all you can do then is to deliver it. Knowing the problem, having good relationship with the buyer, and having the best price and product are just not enough. They are all a part of the solution but not the solution itself. One of the biggest problems in sales is believing that just because there is an obvious problem that your professional solution and demeanor can resolve, that the prospect will choose your product to purchase. Wrong, wrong, wrong. Buyers are not attempting to find a product to purchase; they are attempting to solve a business problem, and your product might be a part of the solution if the buyer knows just how to manage the decisions that need to get made around developing an effective, efficient, adoptable solution. THE SOLUTION IS INSIDE The reality is that the solution must come from inside the buyer's environment. The solution must be developed by all of the players and policies and criteria that have created and maintain the problem – all of the players – or there won't be buy-in or action taken. And, there is no way that an outsider can know or manage the internal politics or organization or agreements that live within the buyer's environment. Sure, you can recognize those bits around the identified problem that needs resolution. But you can't know the system or culture. You are an outsider. And when you push product information and attempt to develop a potential purchasing relationship based on who you are as a professional, you are actually keeping the buyer from their real job of discovering their solution criteria and aligning all internal systems elements that must be addressed. I understand that those of you who are involved with selling large projects or expensive items have begun to rigorously attend to attempting to manage the internal systems that the buyers live within. But you remain an outsider, attempting to monitor or manipulate some of the activities and conversations you believe need to occur. But it remains focused on product sale, and you, as an outsider are merely attempting to pull the strings that might get them to do what you think they need to do. But, the reality is even more confounding: the identified problem is merely a final point of a systems breakdown. The identified problem contains a range of people/strategic/environmental/market issues that are alive and well within the buyer's environment. And, no matter how much you know, how much ‘pain' you perceive the buyer to be in, or how perfect your solution, the system itself must design its own solution: there will be no decision to change without the systems issues being managed from within, and being managed in a way that the system itself is in agreement with. You cannot do it from outside. No matter how smart you are, or how right your product is, or how badly the prospect needs it, or how unique you are, the fact remains: systems only change when they recognize all of the bits that created the identified problem (a Herculean task), and all internal elements recognize that they cannot fix their issues with known resources (ah, ego and ownership!) and are willing to manage change throughout the system (yet another huge hurdle). There is your lengthy sales cycle. There is the inaction where you believe there should be action. There lie the bad decisions that you question. NEUTRAL NAVIGATION But imagine if you are able to use your expertise and your position as a neutral navigator to lead the buyer through to all of their internal decisions without coming from a product sale focus? How, indeed, will you sell if product or pitch or relationship is not your primary focus? And how do you manage an efficient large sale if you don't need to know all of the internal policies or systems the buyer is managing? The field
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:How To Get Thousands of Dollars Free From The Government 5 Businesses That Need Immediate Attention in 2007 to Survive Part 2
|