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When Buyers Say No with Tom Hopkins #116
In this episode we meet the author of my first book I bought on sales, Tom Hopkins. Tom is a world renown sales trainer and leading author on sales techniques and salesmanship. His book How to Master the Art of Selling has sold over 1.6 M copies. Today we learn how to listen for reluctance and adjust the process to the right spot using the Circle of Persuasion.
When Prospects Say “No”
Selling doesn’t begin until the buyer gives you either an objection, stall or a no. It is human nature to say no. The goal is to isolate the word no and turn it or a stall into a yes.
The sales starts the moment you meet. Test close every so often through the conversation,“How does this look to you” . Again it’s human nature to say no. Often times there are lingering questions that have yet to be answered (nor have they asked it).
Circle of Persuasion
The Circle of Persuasion is a process that takes a prospect’s “no” around the circle and turns it into a “yes”. This process was created by Tom’s coauthor Ben Katt.
There are seven steps:
- Establish Rapport
- Open Up ….. ”you were referred to me and suggested we meet….”
- Identify Needs…….. Ask basic questions, Asking for their help
- Requalify Questions………. Reiterate what reasons did we have to meet….. double check to see if anything has changed since you last spoke.
- Draft the prospects feelings on the paperwork “a good decision is only as good as the facts”
- Test close…….. “does this look OK”
- Final close
Mistakes Sellers Make
Far too often sellers fail to invest in themselves. They always make the following mistakes:
- Don’t commit to self improvement
- Don’t become master askers
Until they learn to continually hone their craft and listening skills, they will always struggle in sales.
Action Advice
Work on your personality to become a person where people like, trust, want to listen to you. You will reap great rewards with this investment.
Where To Find Tom Hopkins
Website www.Tomhopkins.com
Free Resource Page – You can find the resource page with sales tips and advice on building rapport along iwth samle “Thank You Notes”.
Building Rapport in Sales
Here are a few other terrific Sales Babble episodes that you may find of interest.
- How to Assume Rapport when Prospecting with Ken Dunn #90
- Stop Selling Start Leading with Deb Calvert #84
- The Myth of Know Like Trust #74
- Conversations That Sell an Interview With Nancy Bleeke #68
- How To Sell a Fine Dining Experience with Tony DeSalvo #62
- SB030 – Karma Calling an Interview with Victoria Cook
- SB026- How Sellers Connect with Questions, an Interview with Deb Calvert
- SB014 | Creative Thinking When Selling an Interview with Tony Vengrove
- SB013 | Winning Customers by Building Profits, an interview with Bob Rickert