the truth about building a profitable sales force
DESCRIPTION
This PPt's content taken from a book called "The truth about building a profitable sales force" presented by: Sales Management University. For understanding each topic plz refer book or visit link for book: http://www.slideshare.net/AshutoshPandey14/topforce-14465128TRANSCRIPT
The Truth About Building A Profitable Sales ForcePresenter: Ashutosh Pandey
Content
• Finding Winners• Training Winners• Prospecting Tips• Rapport Building Tips• Motivation Tips• Smart Questioning• Dealing With Objections• Closing Sales
Finding Winners
• Four Insider Secrets To Sales Success– Can this person sell?
• Selling skill
– How will this person sell?• Behavioral strengths
– Will this person sell?• Attitudinal Structure
– Why would this person choose to sell?• Personal interests & values
Characteristic of Sales Person
Selection and retention of SP
• Attract the best• Select them carefully• Train them correctly• Create a positive, customer-focused and highly charge
environment and….• Get out of their way and let them sell!
Customer IMPACT principal
• #1 We pay attention to people we believe have something important to tell us.
Claim
Convince
Customer IMPACT….Cont.
• #2 People buy for their own reasons; not for yours or mine
Customer IMPACT….Cont.
• #3 People do not want to be sold; they want to buy
Yes! I bought it from…..?
Customer IMPACT….Cont.
• #4 Buying is basically an emotional response.
• 1st,it suggest that people buy benefits for themselves, not feature, products, services etc.
• 2nd,A strong empathy for the customer is absolutely vital for success in selling.
• 3rd, You must be sort of salespersons with whom people enjoy doing business.
Person vs. Personality
Will they sell?
• Intelligence and PersonalityTypes of personality
Socializers- Aka “Speakers”
Relater- Aka “Listeners”
Analytics- Aka “Thinkers”
Directors- Aka “Doers”
• Key attributes of Sales people• Forget about “Born” Salespeople
Training Winners
• Marketing Strategy can be– Focused
• Clearly Defined• Well Known• Accepted
– Diffused• Unclear• Unknown• Not Accepted
Training Winners….Cont.
• Aligning Your marketing strategies
Failure Marginal Success
Conflict/ Low Sales
Long Range Success
Diffused
Diffused
Focused
Focused
Sales Strategy
Marketing Strategy
Leverage
• In the sales world, leverage means using your time, talent, resources or advantages to deliver maximum value to your customers.
• Element of Leverage– Create the lever and the fulcrum– Place your fulcrum in your selected niche market– The object you will raise-is customer value
Leverage…..Cont.
• You are the lever in leverage
• How does your company stack up?
• Spotting the time wasters
• Knowledge- The raw materials of leverage
Listen People Into Buying
• The Greatest Secret In Selling:Show people what they want most, and they will move heaven and earth to get it!
Listen people into buying instead of talking your way out of the sale.
• Measure Your Prospects- Don’t Just Size Them Up
• The fatal Flaw In Selling• Probing Gives You More Power
Principles Based Selling
• Value-based selling is not a technique, it is a principal.
• IMPACT SellingFocus on Relationships
An Efficient Plan Needs Effective People
• The IMPACT salesperson– Strinkingly impressive: Who you are.– Ready for service or action: What you know– Capable of producing maximum sales with
minimum time and effort: what you do.– Take it one step at a time
Prospecting Tips
• 7 Power-Packed Prospecting Pointers1.Treat prospecting as the lifeblood of your sales
career
2.Treat prospecting as your most valuable time management tool
3.Take an organized approach
4.Remain alert for “suspects” who have the potential to become qualified prospectus
5.Stay in constant touch with active prospects
6.Rework your suspect inventory regulatory to try to upgrade suspects to the status of qualified prospectus
7.Continually upgrade your prospecting system and strategies
Rapport Building Tips
• The greatest secret in selling
• How to reduce tension and establish trust– To eliminate tension you must win the inner
game– You have to create trust
Motivational Tips
• Selling During The Lean Times– Focus on your customers and never look
away– Helping others helps you– The faster way to revenue
Smart Questioning
• Probing Tip#1 Prepare the questions you will ask in advance
#2 Open-ended and indirect questions
#3 Ask need-development questions
#4 Ask questions that help you identify dominant needs
#5 Ask question that help you pinpoint the dominant buying motivations.
#6 Avoid asking offensive questions or asking questions in an insensitive way
#7 Start with broad questions, then move steadily toward questions with a narrower focus
#8 Ask questions that are easy to answer
#9 Use questions to guide the interview and keep it positive in tone
#10 Ask then shut up and listen.
The Master Keys of Selling
• Show people what they want most, and they will move heaven and earth
• Mastering the master key– Asking and Listening
• Self centeredness is not in your best interest
The Master Keys of Selling
• Probe Principle#1 The best way to serve your own interest is to put the needs and desires of your customers first!
#2 To deliver value to the prospect, you must see yourself primarily as a value resource for the prospect!
#3 To be a value resource for the prospect, you must fist discover what the prospect perceives as value!
Turn your Demonstrations into Power-Packed
• Apply Pointer#1 Choose the most appropriate product or services
#2 Tailor the presentation to the prospect’s “Need and Wants”
Dealing with Objections
• Justify that you are selling value to customer
• Price Justifier#1 Imagine a value meter
#2 Interpret relative values
#3 Personalize all value
#4 Sell the key benefits
Needed: A New Direction in Sales Training
• Regarding product training
• Using Motivational Speaker to get SP hyped up
• Using complicated sales training system
• The SP’s Greatest Folly
• Most of the things that can go wrong in life happen when your mouth is open
• Forget the So-Called “Quick Buck”
Closing Sales
• Closing Tips For The Value-Based Sales force
-Tie up the sale, never your prospect
-Negotiate the conditions of the sale
-Clear away objections
-Ask for the order
-Reinforce the sale
Closing Technique
Ask for order
#1 Use trail closes throughout the Interview
#2 Ask them to buy now
#3 Assume the sale
#4 Use the either/or close
#5 Deal with fear of making a decision
The Pay-off
Six Tools to Locate Qualified Prospects
• Power-Packed
#1 Who
#2 Where
#3 Why
#4 What
#5 When
Building A Bridge: The Transition to Sales talk
• Setting the stage for action, Not for reaction
1 Get to the point of your visit quickly
2 Avoid being abrupt
3 Make it natural
4 Test your bridge before you invite the client to walk across
Negotiation Tips
• Negotiation strategy#1 Open the negotiations on a positive note
#2 Get all the conditions on the table
#3 Make sure you understand the conditions
#4 Offer to try to work out any problems
Proving Your Claims
• Claim Prover#1 If you can prove it, show your evidence
#2 Reinforce all claims visually
#3 Let prospects experience it themselves
#5 Repeat important claims and proofs again and again
* Bring your own witnesses
Bring Your Own Witnesses
• Witness Pointer– Try to get a written endorsement from every
customer– Carefully select the endorsements you use
with each prospect– Treat endorsements with dignity and respect– Try to involve satisfied customers with
prospects
Thank You…
• Any question……..