Tuesday 24 January 2012

How Can Innovation Boost Sales?


                              Will the Salesman Outwit the Scary Secretary?



If you don’t make sales, you won’t have a business.


Everyone needs to be able to sell, no matter what his or her occupation.  Quite apart from selling products and services, selling skills are needed when communicating with others, in expressing our views, in seeking help, or obtaining finance for your newly founded business.  Frankly, your success in life depends directly
on your ability to sell.  It has been said that if you cannot sell an idea you are no better off than a person without an idea.

And since you have come this far, you will have a brand new idea to sell!

Selling is to make a commitment to excellence.  A professional salesperson may require more knowledge, more expertise than; say, a housewife. So continue to go on courses.  Read trade journals and speak to other professionals in the field.  It will all help to make you the professional you want to be.

Selling offers an excellent career opportunity.  There is usually no limit to the amount that you can earn and you can choose to work almost anywhere.  In any town, any country. Good salespeople are highly sought after and companies will pay premiums to get the best.  Selling is non-discriminatory in terms of age, race, sex or education.  So almost anyone can become a successful salesperson. That is providing, of course, he or she conducts him- or her-self professionally, is committed, has a useful product or service, and operates an effective sales method.  This course will teach you a unique and proven method of selling. In fact this sales course combines some of the most up-to-date methods available, including the use of NLP techniques as well as conversational hypnosis.

But first let’s look at what is required to make selling a top career. 

HOW TO BUILD A SUCCESSFUL SALES CAREER

Already companies no longer need people to ‘take orders’ from customers, because the processing of routine/ stock level related orders are computerized

As a new age salesperson, you will need to enter into a partnership with your customer, and understand your customer’s business or needs extremely well.  In addition, it will be necessary to know your customer’s customer in order to become a "partner" and help your customer achieve success.

To be a really top salesperson you need always to create a win-win situation for both the customer and yourself.  Make sure that the customer will be better off by purchasing your product or service.  If not, it is your responsibility to conclude the sales negotiation, and leave.  It is the salesperson’s task to make sure that the customer buys now and enjoys the sale afterwards.  The customer must not regret the sale. 

A top salesperson puts his objectives for each sale in writing prior to the call.

A top salesperson is immaculate, and dresses appropriately and smartly.  His car is clean, and all paperwork efficiently and neatly organized.

A top salesperson has learnt the most important skill in sales: how to listenReally listen.  It is this characteristic (above all) that people genuinely like in others.   A top salesperson asks open-ended questions and lets the customer do the talking.  The salesperson does not dominate the conversation.  Instead, the salesperson listens.  Listens in order to understand the customer, and the customer’s needs.  The better you listen, the better you sell.

To build a career in sales you need to show genuine interest.  Seize every opportunity to expand your knowledge and to develop and practice your selling skills and techniques.  Develop a positive attitude and pursue your goals energetically.  Try to become a little better at selling every day.  Be persistent and press on where others give up and fail. This is what makes the difference.  Persistence with direction!

To be successful, you need a method, a sales process that works. The method shown in this course will work for you, but do continue to practice your skills every day. 

SETTING GOALS

Darts without a dartboard becomes a meaningless game.  Where do you throw the darts?  A salesperson (or any other person for that matter!) needs a goal to strive for.  A target.  Put your goals in writing and become one of the small number of successful salespeople.  When setting goals remember to:

1.      Make it a big goal. Something to s-t-r-e-t-c-h you.
2.      Set a long-term goal - five years or more.  Don’t give up. Giving up guarantees failure.
3.      Do something short-term every day, which works towards the long-term goal.  Break your goal down into small steps.  Reduce the goal to the number of sales calls per day. 
4.      Put it in writing.  Only then does it become a commitment.   Cut out or draw a picture of your goal.  
5.      Remind yourself daily of your goal.  Paste it in the space provided in your Whole-Mind Selling Template.





HOW TO UNDERSTAND YOUR CUSTOMER

Each person is unique and therefore buys for his or her own special reasons.  If a salesperson is able to understand more fully a customer's thinking, likes and dislikes, the chances of making a sale improves considerably. This course will take you a long way down the road towards understanding your customer’s likes, dislikes and preferred thinking styles. This will help you plan all your dealings with potential buyers for maximum effect.

Firstly, we all like ourselves best.  Because of this we tend to like people who seem to be a bit like ourselves. When we recognize in others, consciously or unconsciously, habits, expressions and gestures that remind us of ourselves, we quickly become fond of these people. The salesperson who emulates or mirrors his customer's gestures, posture, breathing rates, speaking tones and rates soon operate on the same ‘body language’ wavelength.  Providing that it is done subtly, you will quickly "click" with an increasingly open customer.  

Now that your customer is open to you, what do you talk to him or her about, and how do you talk to him or her?

When it comes to what, it is easy.  All people prefer to talk about themselves or their own interests.  Some prefer to talk about their private lives - their families, holidays, hobbies, or sport.  Others prefer to talk about their work.  You need to find out what your customer’s preferred subjects, are.  Then, ask questions about his or her interests. 

When it comes to how to talk to your customer, I am not referring to the important aspects of smiling, eye contact or good listening skills. Instead, learn to "talk the customer’s language".  This second point refers to the unique ability to know your customer’s mind, and his or her thinking preferences.  By understanding your customer’s thinking, you will be able to communicate in the way that your customer prefers to receive information. This form of communication is hypnotic. The customer will believe that you, the salesperson, and he or she ‘talk the same language’.  Properly used, this single skill may become the most powerful tool in your sales arsenal!

This is where Whole-Mind Selling comes into the picture.  Briefly, scientists have now discovered that there are four distinct quadrants to the human brain.  Not only the left and right brain, but upper and lower left and right brain, as well.  Each of these quadrants facilitates distinctly different forms of thinking. And each person tends to favor a specific quadrant in his or her thinking processes and preferences.  So, when the individual gives or receives information, it tends to match his or her favored brain quadrant.  Should I receive information that fits my preferred thinking quadrant, I am more likely to be comfortable with the information.  I would also tend to like and trust the person who gives me this "correct" information.  Conversely, for example, if I receive a sales presentation directed at the "wrong" quadrant for me, I respond by saying that I require more information or that it just doesn't feel right.  What I am really saying is that I did not receive the information in the way that my thinking preferred to receive it.  By the same token, I should be much more willing to respond to open-ended questions which are in harmony with my thinking preferences.   

People provide many clues as to their preferred thinking styles.  These clues are often to be found in the way they talk, dress, ask questions, gesture and respond.  By watching and listening very carefully, you may be able to detect other people’s thinking preferences by consulting the following simple Whole-Mind Table


A
ANALYZER
B
CONTROLLER
         C
       FEELER
         D       
   I NNOVATOR
LIKES TO BE.........,OR
IS........
analytical
authoritarian
critical
factual
logical
mathematical
quantitative
rational
articulate
conservative
controlled
collecting data
detailed
dominant
sequential
technical reading 
emotional
intuitive (people)
musical
reader (of self)
spiritual
symbolic
talkative
team member
artistic
holistic
imaginative
intuitive
simultaneous
spatial
synthesizer
GOOD AT.....
analyzing
finance
solving problems
science
statistics
technical stuff
administration
implementation
organizing
planning
rules
supervisor
expressing ideas
inter-personal relationships
teaching
training
writing

causing change
concepts
generating ideas
integrating
trusting intuition
visualizing
SAYS......
“Break it up”
“Critical analysis”
“Hardware”
“Key points”
“Bottom line”
“Take it apart”
“Tools”
“By the book”
“Standards”
“Law and order”
“Play it safe”
“Self-discipline”
“We have always done it this way”
“Human resources”
“Human values”
“Interactive”
“Participatory”
“Personal growth”
“Team work”
“The family”
“Experiment”
“Broad based”
“Conceptual”
“Leading edge”
“Innovative”
“Play with idea”
“The big picture”

Listen very carefully to your customer so that you can determine his or her preferred thinking style. Then, when you are certain you are correct, mark all your findings on the Whole-Mind Sales Template so that you can aim your questions and answers to that particular quadrant of the brain for maximum effect. Also record some of the key words they use – and ‘play’ it back during your conversation.  Be prepared for amazing results and improved sales!

Thirdly, people have unique buying motives. They will buy for one or more of the six following possible reasons:
1.      DESIRE FOR GAIN - usually financial. 
2.      FEAR OF LOSS - usually financial. 
3.      COMFORT AND CONVENIENCE - for example, lounge furniture, parking, decoration, photocopier, lifts, furniture, dishwasher.
4.      SECURITY AND PROTECTION - for example, karate lessons, security gate.
5.      PRIDE OF OWNERSHIP- no logical reason -  luxury car, greenhouse, decorating, brass nameplate, right label.
6.      SATISFACTION OF EMOTION - for example, lavish party, lunch tab, manicure, tickets to charity ball.

Develop your presentation based on these buying motives. You can determine a customer’s buying motives by asking open-ended questions based on the Whole-Mind Table thinking preferences.  Be sure to let the customer do the talking.

To determine your customer's dominant buying motives is not an easy task, because the customer tries to hide them from the salesperson.  The reason is that he or she feels vulnerable.
Use the following strategy to deal with this: 
·        Use the feature/ benefit reaction technique.
·        Build your presentation around the three best features of your product.
·        Show how the benefits will address all six buying motives.
·        The benefits should show what the features will do for the buyer in terms of satisfying one or more of the buying motives.
·        Follow each feature benefit with a reaction question.  You will obtain a response which, if enthusiastic, would indicate that you have touched on one of the dominant buying motives.   If you receive a cool response, move on to another benefit.  Mark each confirmed buying motive on your Whole-Mind Sales Template.

People buy for emotional reasons, but they remain "sold" for logical reasons. Once the sale has been made people will then begin to justify their decisions "logically" (based on their preferred thinking preferences).

Fourthly, people do not buy for logical reasons; they buy for emotional reasons, but they justify their purchases on the tangible features.  Therefore, imagine that the customer wears a sign that asks, “What will it do for me?”.   So each time you name a tangible feature, you must also paint a vivid word picture of the intangible benefits which that feature provides.  For example,  imagine that you are selling a banking service to an elderly pensioner.

You would explain one of the features of the service offered by saying that his pension would be mailed directly to the bank and deposited in his savings account.  Then you would describe the benefits to the pensioner, explaining that he would not have to worry about lost or stolen cheques. Even if ill, or on vacation, his cheque would be safely deposited in his account until needed.  Also, the money would begin to earn interest immediately and, because it is all automatic, the pensioner would not have to make time-wasting trips to the bank!  This would answer the question, "What will it do for me?".  It is the intangible benefits which makes the sale, but the tangible features make it easy for the person to justify the purchase afterwards.  

Buying occurs as a result of a step-by-step psychological process.  As a professional salesperson it is important to understand the precise steps involved. The fifth aspect of getting to understand your customer is known as the five psychological steps in making a buying decision.  In exact sequence, the five steps are:

The first decision is made about you, the salesperson.  Are you a likeable person?  Would I enjoy having you as a friend?  Do you have integrity?  Can I trust you?  Are you honest?  Do you have good judgment?  Do you know what you are talking about?  Do you have good technical and business knowledge?  Would the solutions you offer be on target?  Would you consider my needs?  People will not buy from someone they do not like, unless you are the only source of goods they need! 

Now the customer wants to know about your company.  Will your company back up everything you say?  How long has your company been around?  What is its reputation? A good track record?  What about your other clients?  Do you provide good service?

What are the products or services you sell? Will they really fit my needs? Will they solve my problems?

Price?  People don’t buy price, they buy value - more so today than ever before.  Always respond to a price objection with a series of added-value benefits.  People tend to equate high value with high price.

When to buy? There is a huge difference between buying something or being sold something.  For example, you will happily buy petrol from anyone when you are almost on empty and don’t want to run out of fuel in the middle of nowhere.  But if someone offers to sell you something, the situation may be different.

The sixth aspect of understanding your customer involves your general people skills. People tend to have certain protocols of acceptable, likeable behavior. As a professional salesperson you will constantly work on improving your people skills. 
·        People don’t really care how much you know, until they begin to know how much you really care for them.
·        If people don’t like you, they will not buy your product, no matter how great it is.
·        Remember, you are in the people business!
·        You don’t have to be outgoing, funny or entertaining to be liked.
·        Shy salespeople are often more successful than outgoing types.
·        Show you care.

Twenty-one techniques to show you care:
1.      Smile.
2.      Demonstrate your interest in others.  Don’t try to be interesting, be interested.
3.      Look at the other person when he or she is talking.  Show interest on your face.
4.      Listen.
5.      Maintain good, open and friendly eye contact with your prospect.
6.      Learn to smile with your eyes.
7.      Ask good open-ended questions.
8.      Use that person’s name
9.      Let the other person know you really care about his or her point of view.
10.  Talk in terms of the other person's interests.
11.  Don’t give your opinions on the subject the other person is discussing.
12.  Don’t use the customer's first or nickname unless you are invited to do so.
13.  Give sincere compliments that are genuinely meant.
14.  We don’t want other people's opinions; we just want someone to listen to us.
15.  Give feedback when the customer is talking through responsive gestures.  Indicate your understanding.  Repeat his or her words.
16.  Make the other person feel important.
17.  You can tell a lot about someone by the way he or she treats someone who cannot do anything for or to him or her. 
18.  Build people up; they will live up to your expectations.
19.  Remember that people buy because they feel you understand them.          
20.  As a salesperson you are in the people business.
21.  Remember, the better you understand your customers, as well as understanding the way they think, the better will be your sales performance.
Before discussing the 8 Steps Sales Method, it is necessary first to cover the important aspect of "prospecting". 

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