steve hayes cedia expo september 16, 2006 denver, co stop wasting sales time electronic systems...
TRANSCRIPT
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Steve HayesCEDIA EXPO
September 16, 2006Denver, CO
Stop Wasting Sales Time
Electronic Systems Customer Relations
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Stop Wasting Sales Time
Volunteers Wanted!
Increase your industry knowledge Increase your networking ability Increase your leadership ability in the industry
CEDIA is looking for volunteers to serve as certified instructors, subject matter experts for curriculum and exam development, and project leaders.
Interested? Check out CEDIA's website at www.cedia.net for more information on how to volunteer.
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Stop Wasting Sales Time
Agenda
General Rules Introductions Course Learning Objectives Content Summary Review Evaluations
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Stop Wasting Sales Time
General Rules
Please turn off Cell phones Please complete course evaluations at the end
of the class Course Code is: ESCR055 CEU’s earned = 1.5
Ask questions, challenge notions
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Stop Wasting Sales Time
Introductions
Instructor Steve Hayes Steven-Hayes.com 2006 – simply an instructor and trying to enjoy the
show Member since 1988 Volunteer since 1990 Instructor, speaker, keynote presenter, board of
Directors member, CEDIA President 1999-2001
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Stop Wasting Sales Time
Course Objectives
• Participants will become knowledgeable regarding the traditional sales process
• Participants will learn an alternative sales process for their organization to implement
• Both instructor and participants will learn more about the practical application of the outlined sales process.
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Stop Wasting Sales Time
Content IS and IS NOT
IS A System to think about
your sales/design process
Practically applicable A bit scary to implement Manageable within your
company What your clients want
IS NOT Your typical Sales
Training Easy to implement Motivational in nature What your salespeople
necessarily want right now
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Stop Wasting Sales Time
The Common Process
• Prospects will follow their own process if you don’t manage them through one of your own.
• All clients lie, all of the time• They steal your information• They lie again• They disappear
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Stop Wasting Sales Time
A New Process Results in:
No Spilled Candy (Free Consulting)
Qualification of Suspects, Prospects and Clients
Predictable outcomes, No Mutual Mystification
Decisions being made in a timely fashion
Less wasted time, more time for prospecting
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Stop Wasting Sales Time
A New Process
No Spilled Candy• Free proposals• On-site info dump• Engineering time unpaid• Price shopping list• Lost “business” that you should have “won”• Other spillages?
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Stop Wasting Sales Time
A New Process Qualifying
• Suspects• Simply a name and access point
• Prospects• Someone with whom you have a clear future
• Customer• One time purchasing exchange
• Clients• Someone who will pay you multiple times
• Advocate
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Stop Wasting Sales Time
A New Process
Predictable Outcomes• What will happen now (UFC)• Bringing the Future into the present• No Mutual Mystification• No movement without commitment• Decisions being made at the end of each
interaction• Clear next steps
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Stop Wasting Sales Time
A New Process
Decisions Being Made• Up Front Contracting
• Holding to the commitment to decide something
• It’s all you baby
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Stop Wasting Sales Time
A New ProcessLess Wasted Time
• Sales People• Only pay your sales people to find new
suspects, prospects and clients• Engineers
• Only pay your engineers to design systems you are being paid to design
• Clients• Don’t waste their time
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Stop Wasting Sales Time
The Sales Submarine
Bonding and
Rapport
Up Front
Contract
PainBudget
Decision
Fulfillment
Post Sell
•Bonding and Rapport
•Communicate in their style
•“Match” your prospect
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Stop Wasting Sales Time
The Sales Submarine
Bonding and
Rapport
Up Front
Contract
PainBudget
Decision
Fulfillment
Post Sell
•Up Front Contract
•Establish agenda
•Establish an ending point
•Gain commitment to reach the ending point
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Stop Wasting Sales Time
The Sales Submarine
Bonding and
Rapport
Up Front
Contract
PainBudget
Decision
Fulfillment
Post Sell
•Pain
•Identify what “pain” they have
•Use the Pain Funnel
•Quantify the pain
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Stop Wasting Sales Time
The Sales Submarine
Bonding and
Rapport
Up Front
Contract
PainBudget
Decision
Fulfillment
Post Sell
•Budget
•Bring quantified pain forward
•Talk about it directly
•Get commitment for the $
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Stop Wasting Sales Time
The Sales Submarine
Bonding and
Rapport
Up Front
Contract
PainBudget
Decision
Fulfillment
Post Sell
•Decision Making
•How will they make a decision
•Who needs to be involved
•Timing of decision
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Stop Wasting Sales Time
The Sales Submarine
Bonding and
Rapport
Up Front
Contract
PainBudget
Decision
Fulfillment
Post Sell
•Fulfillment
•Remind them of their pain
•Give them EXACTLY what they asked for
•Ask for the order
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Stop Wasting Sales Time
The Sales Submarine
Bonding and
Rapport
Up Front
Contract
PainBudget
Decision
Fulfillment
Post Sell
•Post Sell
•Push the check back across the desk
•Defuse bombs
•Prepare them for remorse
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Stop Wasting Sales Time
Contracts to Move Forward
Yes and No80% ProposalsDesign Contracts
2% = proposal 6% = proposal plus some documentation 9% = engaged as Design/Build firm
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Stop Wasting Sales Time
Why It Doesn’t Happen
Management Doesn’t Have the Courage (Process)
Salespeople Don’t Have the Separation (I/R)
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Stop Wasting Sales Time
Questions
What questions do you have?
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Stop Wasting Sales Time
Conclusion
• People will follow their own process if you don’t lead them.
• Their process is painful and gets us no where.
• Creating a standard sales process with proper checks and balances for your own company is critical if you want your folks to stop wasting so much of their time.
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Stop Wasting Sales Time
Evaluations
Please take time to complete the evaluation forms for this course, ESCR055.
CEDIA wants to thank you for your feedback. This input is a valuable tool that enables us to meet our members’ needs and to make improvements to our courses and products.
CEDIA values your input!