January 14, 2010

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Closing Is A Non Event TeleSeminar - Salespeople sell the exact opposite way their customers are buying. They position their offering for gain, opportunity, success and benefit; and their customers are buying for fear, loss, insecurity and pain. Salespeople spend all their time talking about the future and their customer's issues are all about the past. Learn:

  • Differentiate yourself through the quality of your engagement.
  • Better understand and uncover your customer’s problems.
  • Stop selling, presenting, answering objections, and closing. But, get your customer to sell you.
  • An more . . .

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Performance-Based Sales Recruiting - How to Hire More Top Sales Producers and Jump-Start New Hire Sales Performance - How expensive are sales hiring mistakes? To answer this question, take a look at the difference in revenue, gross margin or profit (whichever number is most important to you) produced by your company’s top sales producers and your bottom sales producers. Then add in the costs of recruiting and training new salespeople. What do these numbers add up to for YOUR company? Learn:

  • Why sales hiring mistakes happen
  • How to write an effective sales recruiting ad
  • How to create a list of performance-based screening and interview questions
  • How to determine whether sales job candidates have the talents required to “walk their talk”
  • How to train salespeople to “get dangerous quickly” with new products and services
  • And more . . .

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The Test Drive Close - How to Use Picture Words in Tele-Sales to Sell More by Jim Domanski

 

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Selling over the telephone is like selling blind.  You cannot see the individual or the environment and they cannot see you.  It's a major challenge and one of the reasons why telephone selling is so tough.

But it doesn't have to be so debilitating. You can compensate for this rather barren selling environment by adding colorful imagery-picture words to your sentences and thoughts at certain key times in your discussion.  In effect, you want to paint vivid pictures in the clients mind in order help them understand your product or service and make it easier to buy. 

One of the best ways to do that is to use a metaphor or an analogy. Metaphors and analogies are simply ways to conjure up images that makes your thoughts or suggestions easier to comprehend and understand.

The Test Drive Close

The trick to making them work for you is to have words and phrases prepared ahead of time for various parts of your selling conversation.  For instance, suppose your company provides a sample of a product.  It might be the use of a software package for a month or maybe short term subscription to a newsletter; anything that the client can try in order to get a feel for the value of the item.

Despite the fact that the item might be 'free' or of minimal charge, you will still find clients have to be enticed further because they may be uncertain, skeptical or even jaded. And since they can't see you either, it is important to be as persuasive as possible. A way to position the offer is to call it a "test drive."  For example,

"_____, to get you started I would like to recommend a "test drive." In other words, I would like to recommend that you give the program a 'spin' around the block with three or four patients so you can get a feel how we work, how your patients respond and how the program benefits your practice. You can assess our effectiveness, see how things operate, compile any questions and evaluate it from bumper to bumper. If you like the drive - and I am certain it will- we can expand it as necessary. If it does not work well for you, well, you've risked nothing and we can retrieve the units."

At a conscious or subconscious level, the test drive generates a harmless, 'no-big-deal' image of test driving a car before buying it. It is something everyone can immediately relate to and understand. We all know that test drives does not mean you have to buy the vehicle. We all know that it is meant to give you a feel for car, how it drives, handles, accelerates, even how it smells.  If you like the drive, you can proceed further down the sales path. If not, you park it on the lot and move on. There are no strings attached.

The metaphor simplifies your offer by relating it to an every day event. Everyone understands the test drive implication. At some level, this reduces the sense of risk and makes the decision to try the offer easier and more palatable. That's the power of metaphors, analogies and colorful words or phrases.

4 Tips to Get You Started

-Think about your products or services. Is there anything to which you can compare them? Test the imagery. See how your clients respond.  Try other comparisons and see how they do.

-Think of your product features and come up with images that make understanding them easier and more relevant ("it's no bigger than box of chocolates" or "This amount of memory is like have 10 million blank pages in a book"). 

-Think of the options you might offer. Can you draw a picture to help people differentiate those options ? ("In effect, our product is like taco sauce: it comes in hot, medium and mild")

- Use a metaphor to prompt the client and direct their thoughts. ("Doc, you know the type of patient I am looking for: the weekend warrior, the soccer mom, the walking wounded from a car accident")

- And the list goes on.

Summary

Using metaphors, analogies and colorful words or phrases is not a new concept.  But often they are used spontaneously rather than deliberately.  Words are powerful selling tools and many of them should be pre-planned and used with deliberation in order to maximize their effect.  In the blind world of telephone sales, this is doubly important. Give metaphors and analogies a test drive and see what you think.

About The Author:

Teleconcepts Consulting works with companies and individuals who struggle to use the telephone more effectively to sell and market their products and services. For more information on consulting services and training programs, articles, and other resources visit  www.teleconceptsconsulting.com   or call 613 591 1998.

 

"Consulting" with CxO's by Dan Adams

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Q: Dan, I sell asset management for large corporate pension plans. As a result I regularly require access to CxO's, but it is not always easy to gain that access. Any advice?
Brendan
New York, NY

A.    Brendan, very good question. I could probably dedicate the next ten newsletters to your question. Let's start by understanding why you are interesting in cultivating relationships with the CxO's of your client base.

First of all, we need to put ourselves into the shoes of our CxO's. We need to appreciate the strategic thinking involved in the CxO's corporate role. After all, this officer is a decision maker in her company, navigating through daily economic and corporate challenges. She determines the long-term direction of the business, allowing her certain freedoms and discretion with respect to extended vendor partnerships and budget approvals, for instance.

If there is anyone in tune with the industry and business strategy, it is your CxO. After all, she sets budgets, determines her corporate strategy and drives corporate value. In one word, she has POWER. Given that we understand her business role, it is also important that we understand her personal characteristics. Persons in power, generally speaking, share the desire to control situations. Authority is very important to them. They are creative, concise, passionate about their business, and to-the-point. They understand the "big picture". This means you must elevate your game to meet their way of thinking. Imagine yourself as a CxO fielding a call from a rep.  Wouldn't you say, at least to yourself, "WHY SHOULD I GIVE YOU EVEN FIVE MINUTES OF MY TIME?"

Here is how you can meet that challenge.

1.    Understand the CxO's Top Concerns;
2.    Draft your own "Power Message" to address those concerns;
3.    Utilize the Three R's: Research, Reference, and Request.

CxO's Top Concerns

Do your homework.  Remember:
"If you want to know why the CxO buys what the CxO buys, then you must see the world through the CxO's eyes!" - Unknown
Analyze your CxO's industry! Prepare a list of your CxO's objectives and challenges. Although these concerns will vary according to the enterprise, some may include:

  • Containing operational costs
  • Increasing profitability and growth
  • Providing safe solutions
  • Differentiating their quality of service
  • Improving client satisfaction
  • Expediting processes
  • Generating new revenue sources
  • Capturing and increasing market share.

Power Message

Next, you must earn the right to meet your CxO. The most effective way to accomplish this is by way of a "Power Message." A Power Message is best established using a referral. If you have internal and external sources, utilize both! Remind your CxO of your excellent track record consulting with others in their company and/or others in their industry. Demonstrate your success!

Utilize the Three R's

To create an effective Power Message, utilize the Three R's:


Research:

  • "I have done my homework" 
  • "I believe that I know your issue/concern/challenge"



Reference:

  • "We have had great results in tackling the same challenge for YXZ"
  • 'I believe we can do the same for your company."  ("Situational Fluency")



Request "Opinion":

  • "I would like to get your opinion on these results and how we may be able to help your company achieve similar or even greater results."

There are several other key tools to use when consulting with CxO's: Power Matrix, Power Letter, and a Power Script.  We will address those tools future newsletters.


About the Author:
Daniel Adams, author of Building Trust, Growing Sales, and creator of Trust Triangle Selling™ helps corporations improve their profits by optimizing the performance of their sales teams. He is a frequent and popular speaker at national sales meetings, workshops and association events. You can visit his web site and read his other articles at www.trusttriangleselling.com.

 

 

 

 

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