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Casual Articles - When Traditional Sales Calls Don't Work - What to do Instead
An Outsourcer's Passage to India: How to Do It, part I yFrankfurt airport departure lounge. Full of western tech executives, each with an open laptop. They're all from different companies, all travelling separately. But one particular subject is making them feel like they're old college buddies, and they're networking like a swarm of honeybees."So, you've just been to Bangalore, have you?""Is it everything it's cracked up to be?""Is there still room there for new customers?"Did you find a good deal? Did you close?""Are they shrewd business people?""How do you know that your new-found service provider is reliable?The fact is that as far as outsourcing goes, India is (at present) akin to paradise. Those who have gone before talk about golden fruit hanging from the trees, abou There is no surprise here – you must demonstrate to each prospect that you have something worthwhile to offer. You must prove that your solution will address each customer’s unique problems. Selling a solution is not the same as rattling off a list of features and benefits. You must connect with their pain and offer a solution that makes you exceptionally qualified to meet their need. Obtaining Commitment Obtaining commitment is not the same as your classic closing script. Remember, the bigger the decision and the more sophisticated the buyer, the more negatively they generally react to pressure and closing techniques. In larger sales, there may be a whole range of other commitments and other decision makers, you must obtain before you reach the order stage for your program or service. In seeking the next step, your call objective may be to get the customer’s agreement to attend a seminar, or to identify the next decision maker. Larger sales always contain a number of intermediate steps – advancing the customer’s c What Works Best in a Press Release In classic sales training which has been entrenched for over 60 years, we learn that there are five simple steps to selling. If you followed the steps, you get the sale.The most important thing to remember about a Press Release is that it is one tool in a successful Public Relations campaign. Some believe the words “Public Relations” and “Press Release” are one and the same in meaning; others realize that a press release is a very useful tool in the overall public relations arsenal.In my 20+ years of working as an active public relations professional, with experience in a variety of industries, one of the things I enjoy the most is writing a press release. A press release should convey, in a concise manner, a message that is accessible to a wide variety of audiences. The press release in its best form can be read by a reporter or editor who then wants to write or broadcast about the subject to their audience, which then be Open the Call Investigate needs Give benefits Handle Objectives Close the Sale But as small business owners have been vocal about, they need to grow their business, yet they aren’t getting the sales using this approach. So what’s happening? If you are selling a big ticket item, like a year-long support contract, an infrastructure installation, or a long-term training program for a corporate management team, your selling cycle doesn’t fit the traditional model any more. What am I supposed to do instead? The selling cycle for larger/longer products/programs/services has four characteristics that make traditional selling techniques ineffective. 1. Length of Selling Cycle The selling cycle may require many calls or connections over a period of months. Multiple sales calls have a completely different psychology from a simple product sale that you close on the first appointment or their first visit to your website. 2. Size of Customer Commitment Large purchases involve bigger decisions. This alters the strategy of the sale. As the size of the sale increases, successful salespeople must build the perceived value of the service. 3. Relationships Most large sales involve an ongoing relationship with the customer. This is where multiple offerings that represent different pricing levels, what some call your ‘marketing funnel,’ come in. Why? They must get to know, trust and respect you before they will invest greater time and money in your offer. To the customer, the larger the decision, the harder it becomes to separate the seller and the product. So it is important to keep in mind, that as the sale grows larger, the customer puts more emphasis on the salesperson/service provider (you) as a factor in the decision to do business with you. 4. Risk/Return/Resistance In small sales, customers can afford to take more risks and try something new on the spot, like your e-book or tele-class, for less than $50 on your Web site. The consequence of that risk is relatively low. Each larger purchase represents a bigger decision and more significant risk. The perceived value of a $250 program package and the pain it will solve must be more explicit. It must be targeted and it must promise greater results. When you expand that to a $999 package or a retainer of $5,000 or $10,000, the customer becomes more cautious with each increase in the size of the decision you are asking them to make. You Need Different Selling Skills For These Major Sales There are four distinct stages of a sales call when dealing with the large sale. Neil Rackham developed this model in the book SPIN Selling: Preliminaries --> Investigating --> Demonstrating Capability --> Obtaining Commitment Preliminaries In large sales, preliminaries do NOT have the influence on success that they do in small sales. The more senior the people you sell your services to, the more they feel their time is at a premium. So your objective in the preliminaries is simply to get the customer’s permission to move to the next stage of the call. That means your traditional questions and comments to build rapport around personal interests do not apply. Investigating Investigating involves asking lots of questions, collecting data, uncovering needs, and understanding the customer and their organization. In fact, for higher value selling, investigating is the most important of all selling skills and can increase the overall sales volume by more than 20%. Success in larger sales, be it personnel placement, commercial development or technology installation, depends on how you handle this stage. Successful calls entail asking a lot more questions than we were trained to ask in traditional selling. Uncovering implicit and explicit needs is the sole objective of the Investigating stage of the call. This is where you build the relationship before the sale is made. Demonstrating Capability There is no surprise here – you must demonstrate to each prospect that you have something worthwhile to offer. You must prove that your solution will address each customer’s unique problems. Selling a solution is not the same as rattling off a list of features and benefits. You must connect with their pain and offer a solution that makes you exceptionally qualified to meet their need. Obtaining Commitment Obtaining commitment is not the same as your classic closing script. Remember, the bigger the decision and the more sophisticated the buyer, the more negatively they generally react to pressure and closing techniques. In larger sales, there may be a whole range of other commitments and other decision makers, you must obtain before you reach the order stage for your program or service. In seeking the next step, your call objective may be to get the customer’s agreement to attend a seminar, or to identify the next decision maker. Larger sales always contain a number of intermediate steps – advancing the customer’s c Negotiation: Sometimes That Item is Worth the Full Asking Price! a simple product sale that you close on the first appointment or their first visit to your website.Most people foster an image of the expert negotiator as the one who seems capable of getting a discount on anything.“Joe, you’re going to need bypass surgery right away, and it will cost about $10,000.”“Doc, is that the very best you can do?”“Okay, Joe, just because it’s you, I’ll do it for half.”Of course, savvy negotiators do better than others when it comes to the give and take of bargaining, but sometimes the very best at the game will tell you that they AREN’T necessarily looking for a discount.In fact, sometimes they’re more than happy to pay the retail price.As a kid, I was a coin collector, as were some of my tightest friends. We memorized each other’s collections, and the values of those coins in the annual red books 2. Size of Customer Commitment Large purchases involve bigger decisions. This alters the strategy of the sale. As the size of the sale increases, successful salespeople must build the perceived value of the service. 3. Relationships Most large sales involve an ongoing relationship with the customer. This is where multiple offerings that represent different pricing levels, what some call your ‘marketing funnel,’ come in. Why? They must get to know, trust and respect you before they will invest greater time and money in your offer. To the customer, the larger the decision, the harder it becomes to separate the seller and the product. So it is important to keep in mind, that as the sale grows larger, the customer puts more emphasis on the salesperson/service provider (you) as a factor in the decision to do business with you. 4. Risk/Return/Resistance In small sales, customers can afford to take more risks and try something new on the spot, like your e-book or tele-class, for less than $50 on your Web site. The consequence of that risk is relatively low. Each larger purchase represents a bigger decision and more significant risk. The perceived value of a $250 program package and the pain it will solve must be more explicit. It must be targeted and it must promise greater results. When you expand that to a $999 package or a retainer of $5,000 or $10,000, the customer becomes more cautious with each increase in the size of the decision you are asking them to make. You Need Different Selling Skills For These Major Sales There are four distinct stages of a sales call when dealing with the large sale. Neil Rackham developed this model in the book SPIN Selling: Preliminaries --> Investigating --> Demonstrating Capability --> Obtaining Commitment Preliminaries In large sales, preliminaries do NOT have the influence on success that they do in small sales. The more senior the people you sell your services to, the more they feel their time is at a premium. So your objective in the preliminaries is simply to get the customer’s permission to move to the next stage of the call. That means your traditional questions and comments to build rapport around personal interests do not apply. Investigating Investigating involves asking lots of questions, collecting data, uncovering needs, and understanding the customer and their organization. In fact, for higher value selling, investigating is the most important of all selling skills and can increase the overall sales volume by more than 20%. Success in larger sales, be it personnel placement, commercial development or technology installation, depends on how you handle this stage. Successful calls entail asking a lot more questions than we were trained to ask in traditional selling. Uncovering implicit and explicit needs is the sole objective of the Investigating stage of the call. This is where you build the relationship before the sale is made. Demonstrating Capability There is no surprise here – you must demonstrate to each prospect that you have something worthwhile to offer. You must prove that your solution will address each customer’s unique problems. Selling a solution is not the same as rattling off a list of features and benefits. You must connect with their pain and offer a solution that makes you exceptionally qualified to meet their need. Obtaining Commitment Obtaining commitment is not the same as your classic closing script. Remember, the bigger the decision and the more sophisticated the buyer, the more negatively they generally react to pressure and closing techniques. In larger sales, there may be a whole range of other commitments and other decision makers, you must obtain before you reach the order stage for your program or service. In seeking the next step, your call objective may be to get the customer’s agreement to attend a seminar, or to identify the next decision maker. Larger sales always contain a number of intermediate steps – advancing the customer’s c Your Business Title is an Important Marketing Tool ke more risks and try something new on the spot, like your e-book or tele-class, for less than $50 on your Web site. The consequence of that risk is relatively low.Everyone wants to have a business card and everyone wants to have a title. I know when I take someone's card, I look for the title. I look at the title because I want to deal with the person that makes the decisions or the person that can get me to the decision maker. If I see the title Account Manager, I know I am simply dealing with a salesperson. If I see the title VP Marketing, I know this person is closer to the top and can probably make some decisions when it comes to spending money on contracts. Look at your own card, what title do you have? Is it a title that will entice others to call you when something comes up? Is it a sales title? It is not bad having these titles because it lets people know what your job function is and how they can relate to you at the Each larger purchase represents a bigger decision and more significant risk. The perceived value of a $250 program package and the pain it will solve must be more explicit. It must be targeted and it must promise greater results. When you expand that to a $999 package or a retainer of $5,000 or $10,000, the customer becomes more cautious with each increase in the size of the decision you are asking them to make. You Need Different Selling Skills For These Major Sales There are four distinct stages of a sales call when dealing with the large sale. Neil Rackham developed this model in the book SPIN Selling: Preliminaries --> Investigating --> Demonstrating Capability --> Obtaining Commitment Preliminaries In large sales, preliminaries do NOT have the influence on success that they do in small sales. The more senior the people you sell your services to, the more they feel their time is at a premium. So your objective in the preliminaries is simply to get the customer’s permission to move to the next stage of the call. That means your traditional questions and comments to build rapport around personal interests do not apply. Investigating Investigating involves asking lots of questions, collecting data, uncovering needs, and understanding the customer and their organization. In fact, for higher value selling, investigating is the most important of all selling skills and can increase the overall sales volume by more than 20%. Success in larger sales, be it personnel placement, commercial development or technology installation, depends on how you handle this stage. Successful calls entail asking a lot more questions than we were trained to ask in traditional selling. Uncovering implicit and explicit needs is the sole objective of the Investigating stage of the call. This is where you build the relationship before the sale is made. Demonstrating Capability There is no surprise here – you must demonstrate to each prospect that you have something worthwhile to offer. You must prove that your solution will address each customer’s unique problems. Selling a solution is not the same as rattling off a list of features and benefits. You must connect with their pain and offer a solution that makes you exceptionally qualified to meet their need. Obtaining Commitment Obtaining commitment is not the same as your classic closing script. Remember, the bigger the decision and the more sophisticated the buyer, the more negatively they generally react to pressure and closing techniques. In larger sales, there may be a whole range of other commitments and other decision makers, you must obtain before you reach the order stage for your program or service. In seeking the next step, your call objective may be to get the customer’s agreement to attend a seminar, or to identify the next decision maker. Larger sales always contain a number of intermediate steps – advancing the customer’s c Making The Most Of Your Sales Flyers r services to, the more they feel their time is at a premium. So your objective in the preliminaries is simply to get the customer’s permission to move to the next stage of the call. That means your traditional questions and comments to build rapport around personal interests do not apply.Many people know the value of newspaper inserts, dircet mail, and sales flyers, but drop the ball when it comes to making people react to them. Obviuosly, it is always a better looking flyer when professional designers and copywriters are used. But, even they sometimes miss the boat on getting action. The best way to get any action on your sales flyer is to "give your customer a reason to come in and try you out". That's right, the "what's in it for me" approach. Think of yourself like a consumer. What would it take to get you to try a new product, or try a new vendor, etc.?It is all in "The Offer". Yes, you may not make as much money on their initial visit. But, they're first impression of your store is what the consumers take with them after that first visit Investigating Investigating involves asking lots of questions, collecting data, uncovering needs, and understanding the customer and their organization. In fact, for higher value selling, investigating is the most important of all selling skills and can increase the overall sales volume by more than 20%. Success in larger sales, be it personnel placement, commercial development or technology installation, depends on how you handle this stage. Successful calls entail asking a lot more questions than we were trained to ask in traditional selling. Uncovering implicit and explicit needs is the sole objective of the Investigating stage of the call. This is where you build the relationship before the sale is made. Demonstrating Capability There is no surprise here – you must demonstrate to each prospect that you have something worthwhile to offer. You must prove that your solution will address each customer’s unique problems. Selling a solution is not the same as rattling off a list of features and benefits. You must connect with their pain and offer a solution that makes you exceptionally qualified to meet their need. Obtaining Commitment Obtaining commitment is not the same as your classic closing script. Remember, the bigger the decision and the more sophisticated the buyer, the more negatively they generally react to pressure and closing techniques. In larger sales, there may be a whole range of other commitments and other decision makers, you must obtain before you reach the order stage for your program or service. In seeking the next step, your call objective may be to get the customer’s agreement to attend a seminar, or to identify the next decision maker. Larger sales always contain a number of intermediate steps – advancing the customer’s c Dramatic Advertising That Sells yThink about the last car purchase you made... Did you watch closely for advertisements that explained all of the features before you bought the car? Probably not. In fact, studies show that most of us notice the ads AFTER we have purchased our new car.Let’s face it... consumers are emotionally driven. They make purchases for the feeling they get, and then look for the logical benefits to justify the purchase. That’s why we notice all of those ads after the fact!Wise marketers make good use of this insightful knowledge. Good advertisements get the benefits in front of the customers so vividly that they experience the benefits before they even buy the product. Once they see themselve enjoying it, they’ve just “gotta have it!”1. Make It Picture Perf There is no surprise here – you must demonstrate to each prospect that you have something worthwhile to offer. You must prove that your solution will address each customer’s unique problems. Selling a solution is not the same as rattling off a list of features and benefits. You must connect with their pain and offer a solution that makes you exceptionally qualified to meet their need. Obtaining Commitment Obtaining commitment is not the same as your classic closing script. Remember, the bigger the decision and the more sophisticated the buyer, the more negatively they generally react to pressure and closing techniques. In larger sales, there may be a whole range of other commitments and other decision makers, you must obtain before you reach the order stage for your program or service. In seeking the next step, your call objective may be to get the customer’s agreement to attend a seminar, or to identify the next decision maker. Larger sales always contain a number of intermediate steps – advancing the customer’s commitment toward the final decision. Next Steps to Get it Right These steps are only theory until you put them into practice. Here are four rules for learning any new sales skills:
If you apply these distinctive strategies to approach major sales in your market, you will see more doors open and more clients moving deeper into your marketing funnel. The more they engage with you and the more you build the relationship, the easier and more successful will be the sale and delivery of your offering.
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