Salesperson

Sales Skills: Talking About Value

June 18, 2020 By Adriana

Great salespeople know building value for their product or service is the best way to a successful close. In a previous post Talking About Money, I wrote about the importance of getting the prospect to understand the monetary cost of their problem. Now let’s look at how to change the focus from the price the customer will pay to benefits they receive.

Sales people know they won't close a sale unless the benefits to the buyer are greater than the price they pay.

Great Salespeople Create Value To Win Sales
Image by Mohamed Hassan from Pixabay

Size Matters

For products or services with a small price tag, building value is not as important. But great salespeople know the larger the investment you ask the prospect to make, the more importance of building high value. Think about toothpaste. (If you are a frequent reader you may ask why I always choose toothpaste for small sales examples. Everyone uses and buys it so can identify with the product and the purchase decision.) We all have a preference for a brand built on our history using it. And most sizes and brands of toothpaste are priced about the same. I shop at a couple of stores which bundle several packages and offer a lower per tube price. That’s how they add value at the low end of the pricing spectrum. They use branding to build value, depend on successful usage history and sell in larger quantities….

Sales Skills: Talking About Money

June 11, 2020 By Adriana

Great salespeople know that talking about money is an important skill. When the salesperson can align the price of the need or want with the budget or perceived value, closing the sale is easy. The best salespeople are comfortable talking about money. They have a positive attitude when asking questions to understand the cost of the problem and the depth of commitment to change.

Sales People Are Comfortable Talking About Money

Great Salespeople Get The Prospect Talking About Money
Image from Pixabay

First Discover The Problem

It doesn’t make any difference in what you are selling, unless there is a compelling reason to buy there won’t be a sale. So great salespeople ask questions to get the prospect talking about a problem the salesperson can solve. Since the prospect has committed to having a conversation with you they probably have a problem (or want or need or pain) they think you can solve. Your goal as a salesperson is to get the prospect to define the problem. (For more how to discover a problem click here.)…

Sales Skills: Closing The Deal

June 4, 2020 By Adriana

Great salespeople understand closing the deal is a process beginning with the first contact. They are diligent in following the sales process. Today with the business world in turmoil from a pandemic, salespeople are not meeting face-to-face with prospects. The fundamental elements of the sales process are applied using tele-conferencing and other remote means. Great salespeople have risen to the challenge of closing the deal remotely.

Great Salespeople are expert at dealing with disruption in sales

Rise To The Challenge Of Dealing With Disruption In Sales
Image by Vektor Kunst from Pixabay

Closing The Deal Is A Process

Every great salesperson has a selling process. The process works to convince the buyer the pain of changing is less than the pain of staying the same. The salesperson first establishes rapport with the prospect building trust and respect. Once they have the decision maker’s attention, they seek to understand the buyer’s problem (or need, or want, or pain) what it is costing them and the benefit of making a change. Great salespeople discuss the budget with the prospect. When all these steps line up it’s time to be closing the deal….

Sales Skills: All Buying Decisions Are Emotional

May 28, 2020 By Adriana

“Yeah, right!” You’re thinking this is a bunch of hooey: “all buying decisions are emotional.” “My customers give a lot of thought about what they buy from me.” Or “It’s how I present the opportunity to prospects that convinces them to buy.” Or “When the price and benefits align, that’s when the customer buys.” These are all true statements. But think back to the beginning of a successful sales event. Didn’t you first have to earn the respect of the prospect. Wasn’t your first encounter all about building rapport; getting them to like you enough to be comfortable answering your tough questions? Great salespeople know prospects don’t care how much you know until they know how much you care.

*A NOTE ABOUT SELLING DURING A PANDEMIC

Even Remotely Great Salespeople Connect Emotionally
Image by Peggy und Marco Lachmann-Anke from Pixabay

All Buying Decisions Are Emotional

Yes, that’s true. It took a while for my “engineering mind” to understand it. But think about it. For consumer products marketing works hard to make an emotional attachment to a brand. I like Coca Cola. The real one made with sugar and sold in glass bottles. Now my ability to taste is not particularly well developed so I couldn’t discriminate between Coke or Pepsi in a blind taste test. In fact all colas taste pretty much the same to me. But I only buy Coca Cola made with sugar in glass bottles. This is emotional attachment to the brand is it not? Ever bought a home or a car? Didn’t how you felt about the vehicle or house tip the decision? True after you made the selection, then the rational mind cataloged all the reasons it was a good decision. Still wondering whether all buying decisions are emotional?…

Sales Skills: Make A Great First Impression

May 21, 2020 By Adriana

For the next several months my blog will focus on the attitudes, behaviors and knowledge that makes a great salesperson. Great salespeople know selling is a process. It begins with the first impression you make on a prospect and results in a mutually beneficial long-term relationship. You only get one chance to make the first impression. Whether by phone, video conference, written correspondence or a networking meeting, be prepared to make a great first impression.

Great salespeople make a great first impression

First Impressions Are Very Important
Image From Pixabay

*A Note About Selling During A Pandemic

The Importance Of Rapport

Prospects don’t care how much you know about a problem until they know how much you care about them. This first step in the selling process is called “rapport”. Great salespeople know the importance of the first impression. They are diligent in the preparation for the first meeting. Even before making the phone call to schedule a meeting, salespeople have done research on the company and the prospect. They seek to know whether there is potential opportunity here and the role the prospect has in the buying process. Armed with this information great salespeople are equipped to begin a dialog. Done well the rapport step builds respect for the salesperson and confidence they have the best interest of the buyer at heart….

Sales Skills: Customer Management

May 14, 2020 By Adriana

Great salespeople know about customer management. They have the skill to deal with customers upset with service, quality or price. An email from the Smithsonian Curiosity Council, presented the graphic associated with this blog post. It illustrates results from a survey of members when asked what they would most likely do once the stay-at-home order is lifted. The larger and bolder words indicate the most responses.

A list of words in different font sizes and colors reflecting patrons desire to do after stay-at-home is lifted

What Is The First Thing You Will Do When This Is All Over?
Source:Smithsonian Curiosity Council May 2020

While this blog usually focusses on face-to-face professional sales, I realized that helping customers regain their business is important. So we need to use our sales skills to help our customers reopen. The quicker our customers open for business, the sooner they resume purchasing.

In a recent discussion with the staff of our local Small Business Development Center the question came up of how to treat customers who object to the rules allowing businesses to open. So let’s think about the sales skill of customer management which great salespeople do well. Since this is a skill widely needed by all who interact with shoppers and diners we can help our customers with their customer management….

Sales Skills: Agile and Adaptive

May 7, 2020 By Adriana

Wow, what a challenge for great agile and adaptive salespeople today! Here we are in most places still working from home. Some regions are slowly opening businesses for customers. But health and safety of employees and customers is paramount. Other businesses are on the brink of collapse. Yet many businesses survive and some even thrive during the COVID-19 pandemic. We know the challenge of disruption is not new. Great salespeople have always been agile and adaptive whether the change was gradual over time or catastrophic.

Rise To The Challenge Of Dealing With Disruption In Sales
Image by Vektor Kunst from Pixabay

What Makes A Salesperson Agile?

Great salespeople are always on the lookout for new opportunities. The fundamental skill making salespeople agile is asking good questions to understand customers and prospects. Agile salespeople are interested in the hopes and dreams of their customers. They use open ended questions to determine the wants and needs of their customers. Having good information about the customer or prospect, the agile salesperson learns how to be responsive to their needs. And finding out there is no problem they can solve is just as important. Then agile salespeople move on to another more promising opportunity….

Sales Skills: Buyers Need A Compelling Reason To Change

April 30, 2020 By Adriana

For the next several months my blog will focus on the attitudes, behaviors and knowledge that makes a great salesperson. I believe that these are fundamental qualities of a great salesperson. And fundamentals are the basis of successful sales whether we are in “normal times” or dealing with a pandemic. Great salespeople know buyers make a decision when they have a compelling reason to change. One of the most valuable skills a salesperson has is the ability to help the buyer find a compelling reason to change.

Great salespeople Find or create the Pain a prospect sees in the current situation

Prospects Buy When Salespeople Show Them The Pain
Image From Pixabay

First Understand The Buyer’s Habits

We are all creatures of habit. Buyers keep placing orders with suppliers who they have come to trust because it’s easy. For years I went to the toothpaste display and grabbed a tube of Crest. Never gave any of the other brands even a glance. Then I developed tooth sensitivity. My dentist recommended I change to Sensodyne toothpaste. I now buy that brand. Think about your own purchasing decisions. What compels you to change? How can you relate this to changing a prospects buying habits?…

Sales Skills: Empathy

April 23, 2020 By Adriana

While most of the country is staying home and industries are trying to figure out the future, great salespeople are practicing empathy. To be sure we are all concerned about the future. Great salespeople are helping their A-list customers survive and plan to thrive again.

Rise To The Challenge Of Dealing With Disruption In Sales
Image by Vektor Kunst from Pixabay

Empathy

Great salespeople know that empathy is the ability “to walk in your customer’s shoes.” To engage the customer where they are right now. We are “people people”. We strive to understand our customers first then present our value proposition. COVID-19 pandemic is the “elephant in the room.” So don’t ignore it. Begin each sales call with a discussion about the pandemic. How does it affect your customer personally and professionally? Then move on to discuss your value proposition. Great salespeople have the ability to let their humanity lead them in asking good questions to connect on a personal level. They understand customers won’t care how much you know until they know how much you care….

Sales Skills: Prospecting For New Business

April 16, 2020 By Adriana

For the next several months my blog will focus on the attitudes, behaviors and knowledge that makes a great salesperson. I believe that these are fundamental qualities of a great salesperson. Prospecting for new business is important to success in selling. Great salespeople know there are several skills involved in prospecting: getting the attention of the prospect, checking the level of interest or need and setting the first meeting.

Great Salespeople are always asking what's next and then prospecting to find it

Prospecting For New Business Answers The Question Of What’s Next
Image From Pixabay

When Are Salespeople Prospecting for New Business?

The short answer is: “all the time.” The best source of new business is by getting referrals from your best customers. A referral can be to a colleague in a different business or within the customer’s own company. Great salespeople keep their antennae up for potential opportunities. When casual conversation at a social event strikes an interest, the great salesperson says something like: “I’m interested in knowing more about this. But now is not the time. Might I call you to schedule a time to meet?” Read something interesting in a trade magazine, on-line, or in the paper? Make the call to see who the best person is to talk with about the opportunity. Great salespeople keep the prospecting pipeline filled….