sales with love
DESCRIPTION
Selling. make it emotional do it with loveTRANSCRIPT
04/12/2023 www.carehrm.com 1
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The Circles of Attraction
Building VALUE CREATION selling to avoid commoditization the
prize war
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The challengesThe challenges
More than 50% of sales people are not achieving their sales quotas.
At least 90% of sales opportunities don’t close as forecasted.
More than 75% of product launches fail to meet initial expectations.
52% sales professionals agree they don’t identify and reach key decision makers in the sales.
67% sales leaders agree that buyers are finding it increasingly difficult to differentiate the value of
the products and services they purchases.
Only 37% sales leaders believes their organizations currently capture accurate and comprehensive
customer data.
Most B-to-B sales organizations claim to have a consultative sales approach; however 75% of sales
presentations are basically product pitches.
25% of sales and marketing and sales resources are routinely wasted.
70 to 80% of leads generated by marketing are never followed up.
Only 29% of a salesperson’s time is actually spent selling.
80 % of sales support experts are regularly used inappropriately.
75% of solutions selling initiatives are failed generate any ROI.
65% of companies are spending more on pre sales support than they had previously.
75% or sales and marketing people are unable to consistently and accurately
articulate their value prepositions.
80 to 90% of sales people do not understand what the roles or the key business issues
are of the people they are calling on.
The other challengesThe other challenges
75% to 85% of companies today take an inside-out. “here is my product or service look at all
the neat things it has. Now let’s see if you need it” approach to selling rather than an Outside In:
“ let me understand your business and your specific issues and needs, so we can both figure out whether or not my company can
help”, approach to selling.
85% of “C” level executives felt that their marketing and sales
organizations did not adequately understand the implications of their
customer’s business challenges and the specific values that their products
and services provided to all the different stakeholders they sell to.
85% of “C” level executives felt that their marketing and sales
organizations did not adequately understand the implications of their
customer’s business challenges and the specific values that their products
and services provided to all the different stakeholders they sell to.
According to a 2002 study my McKinsey & Co. 75% of the companies that attempt to implement a
solution- selling methodology fail to return the cost of their investment! The main reason given was that
most sales training companies assumed their clients’ sales and marketing people fully understood
both their customers and stakeholders’ business issues and problems. Without an in-depth
understanding of the customer and stakeholders needs, it is virtually impossible to sell solutions.
According to a 2002 study my McKinsey & Co. 75% of the companies that attempt to implement a
solution- selling methodology fail to return the cost of their investment! The main reason given was that
most sales training companies assumed their clients’ sales and marketing people fully understood
both their customers and stakeholders’ business issues and problems. Without an in-depth
understanding of the customer and stakeholders needs, it is virtually impossible to sell solutions.
Business is simple.
Management’s job is to take care of employees[sales persons]. The
employees job is to take care of customers. Happy customers take
of the shareholders.
It’s a virtuous circle.
John Mackey founder and CEO.
Whole foods market.
“……. Take care of business literally means taking care of relationships…. They believe that to develop that company, they must constantly invest in
these relationships.”
Jody Hoffer Gittel, Author“The southwest Airlines way”
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Climb the relationship pyramid
People who value a relationship with me.
People who respect me.
People who are friendly with me.
People who like me.
People who know me by name.
People who don’t know me by name.
Where you want To be with key
Business contacts
The circle of attraction The circle of attraction
CUSTOMER
SALES PERSON
SHARE HOLDERS
C
SALES SHARE
IS ABOUT HOW TO BUILD POSITIVE, PRODUCTIVE BUSINESS RELATIONSHIPS
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THE ACCELERANTS
THE ACCELERANTS CUSTOMER
HUMOUR
SHARE HOLDERS
ATTITUDE
SALES PERSON
ACTION
THE POWER OF LOVE
YOUR LIFE IS ALL ABOUT LOVE
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WHAT MASTER CLOSERS ARE MADE OF:WHAT MASTER CLOSERS ARE MADE OF:
51%
• ENTHUSIASM
25%
• EMPATHY & UNDERSTANDING
10%
• MANNERS AND CHARM
7%
• FUN
7%
• PRODUCT KNOWLEDGE
Enthusiasm is love in action04/12/2023 www.carehrm.com 15
What? What?
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VALUE CREATIONVALUE CREATION
JOB
• CREATES
• MOTIVATION
CAREER
CALLING
• CREATES
• LOYALTY
• CREATES
• INSPIRATION
SALES PERSON
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Value creation sellingValue creation selling
SURVIVAL
• Creates
• Satisfaction
SUCCESS
TRANSFOR
MATION
• Creates
• Commitment
• Creates
• Evangelism
Customer
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Value creation sellingValue creation selling
SURVIVAL
• Creates
• Trust
SUCCESS
TRANSFOR
MATION
• Creates
• Confidence
• Creates
• Ownership
Share holders
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How?How?
Power BoostersPower Boosters
Know who you are
Believe you can be better
Make sure you’re credible
Be unique
Build a high degree of trust
Focus on serving
Think like GM or CEO
POWER OF
REPUTATION
INVEST IN YOUR IDENTITY
ACTION
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Power BoostersPower Boosters
Opening the relationships
Commit to relational banking
Deepen your relationships
Reach out & everybody
Cover all the bases
Team up to win
Collaborative partnering
POWER OF
RELATIONSHIP
CONVERT CLIENTS INTO COLLABORATIVE
PARTNERS
HUMOR
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Power BoostersPower Boosters
Positive
Creative
Affability
Conceptualizing problems
and solutions
Leadership
Tenacity
Business acumen
POWER OF
REAL PASSION
ENTER THE SUPERCHARGED SELLING
STATE
ATTITUDE
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REASULT
ACTION
HUMOUR
ATTITUDE
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Leadership Differentiation
Creativity
Love
Customer
Share holders
Sales person
Mind of a marketer Heart to a seller
The spirit of the Business
GoodTo
GREAT
Customer
Share holders
Sales person
Putting it all TOGETHERPutting it all TOGETHER
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
THE 8 RULES OF ATTRACTION FOR BECOMING
You must develop and utilize a comprehensive value account plan
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
You must devote your time and energy to learn about customer’s
business in great detail
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
You must use capabilities and tools that you’re never used
before to understand how your customers do business and how you can help them improve that
business
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
You must solve customers problem
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
You must be innovative in responding to customer’s needs
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
You must comes up with new customized offerings
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
You must help your customer improve margins, drive revenue
growth, and make price much less of an issue
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
You must be personally accountable for customer desired
results.
THE NEWSALES PROFESSIONAL
THE NEWSALES PROFESSIONAL
All the rules of attraction for becoming the
NEW SALES PROFESSIONALmeans:
All the rules of attraction for becoming the
NEW SALES PROFESSIONALmeans:
Transform yourself from a transactional salesperson to one
that creates value for the customer, and help your company to change the way they think and operates
WHY WORRY?WHY WORRY?
Start your journey,
And don’t turn back!
The good news is that the jouney is difficult and requires
persistence and tenacity.