Strategic Sales Skills from Sales Management Author Ken Thoreson #57

Ken ThoresonKen Thoreson, is a strategic sales skills management author and speaker. As president of Acumen Management Group, he consults and coaches companies and organizations on implementing processes that grow sales and predictability.

In this episode we talk about sales staff.   Ken provides insight on the  strategic sale skills that illuminate, motivate, and rejuvenate revenue performance.

Ken shares practical advice across the entire sales process: A to Z. Well as much as we can do in on podcast.  Ken is a nationally recognized speaker, sales and marketing influencer, and sales coach. It’s an honor to have Ken as a guest.

Strategic Sales Skills List

In this interview I walked Ken through a sales skills list:

  1. Persistant
  2. Creative
  3. Listen Wells
  4. Expresses Empathy
  5. Builds Trust

Further advice:

  1. When trying to land a difficult prospect, build a power network. Consider everyone in their  sphere of influence. Not just LinkedIn but professional organizations, hobbies, philanthropic activities. Leverage your network to get an introduction. Brainstorm five tactical steps.
  2. When meeting a client a second time ask “Has anything changed since we last met?”.  This is a great way to find out if the deal is going sideways.
  3. Study personality styles and adjust your selling to the context of the prospect your meeting.
  4. When selling technology your clients will want to know
    1. Do you have the technical ability
    2. Do you understand their  industry
    3. Do you understand their business processes
    4. Do you have terrific references
  5. It’s important to always reflect and avoid selling on autopilot. At the end of any sales call answer the question… “How could I have done that better?”

Ken Thoreson Contact Information

Website: www.AcumenManagement.com Email: Ken@AcumenMgmt.com Blog: www.YourSalesManagementGuru.com

This is the free document Ken mentioned in the  interview:

The Job of Sales Management

I’ve  launched the new Selling With Confidence Academy, a self-paced course that teaches you how to be yourself, add value and make sales.

Become confident in sales and grow your business. Check out the Selling With Confidence Sales System for both new and experienced sellers. This is an opportunity for  you to

  • Be Yourself
  • Add Value
  • Make Sales 

This is not a time to be shy. You too can start the new  Selling With Confidence Academy today!

Click here to learn more about Selling With Confidence. 

SB031 – How Sales Are Lost in the Beginning an Interview with Mark Whitehead

Today’s guest is Mark Whitehead, owner of A Head 4 Saa head 4 salesles, a sales and leadership training company covering the Midlands and the South East  UK. They specialize in delivering open and bespoke training in the areas of sales, leadership, influence and discipline. Mark has worked in a number of industries from B2B telesales, field sales, area management, account management and finally man management.

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In This Episode the Sales Process

Mark walked through the sales process and

  • Rapport Building – build know like and trust, it’s all People to People
  • Understanding Needs – look for weaknesses, but they must trust you before they share
  • Solution – pose solutions that they may accept, but again only if you have rapport
  • Present  – share your solution and show how it addresses their needs, item by item
  • Close – ask for the sale

The sale is never lost in the end, it’s lost in the beginning.

It’s not your job to get somebody to choose you, it’s your job to allow and empower them to choose. You can’t bully them, but if you allow them to make the best decision for their business, they are more likely to pick you.

Lastly, make sure you have a plan to keep in touch with your goals and dreams. When things get tough, get back in touch with their original goals.

Resources

Mark  Whitehead can be found   at www.increasesalesnow.co.uk/ahead4sales/

His free eBook The Small Business Growth Guide is available here.www.increasesalesnow.co.uk/salesbabble

Mark can be found on LinkedIn at  http://www.linkedin.com/in/ahead4sales

Selling With Confidence Webinar

Sign up for the free webinar Selling With Confidence to be held at 12PM CST November 5th, 2014

Consider the following:
Do you lack confidence in your selling skills?
Are you fumbling cold calls, unsure what to say?
Do you lack a formal sales process and forget to follow up?
Do clients keep stalling and never agreeing to buy?
Lastly are you running out of time?

If so, this webinar is for you.
Click here to learn all about it. Selling With Confidence

SB027 – How to Qualify, Magnify, Pose, Close, Deal and Seal the Deal for Sales

MH900426621Are you afraid of sales? It’s not what  you think. It’s not about being outgoing, backslapping or schmoozing. Nor is it about being a fast talker or pushy. Sales is about coming to a mutual agreement, two people who want to make a trade. They discuss the pros and cons, each see value in the deal and shake hands. It’s a process with a set of steps that build on one another. And once you know the process it’s much easier to follow and you’ll realize it’s nothing like the stereotype you see in the movies.

The six steps are Qualify, Magnify, Pose, Close, Deal and lastly  Seal.  Let’s take a look.

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Qualify

In any market there are a large number of leads that could eventually become prospective customers. The task is to focus your energy on those who may eventually purchase. Spending time on prospects who are an unlikely clients is both a waste of time and frustrating. Figuring out who’s a match and who’s not is called qualification. It starts by asking questions that will uncover their needs.  Say something like this: “Many companies like you have SOME XYZ  PROBLEM. Do you see this in your business too?”  I try to find an issue I think they’ll be able to relate to. Continue with this line of questioning until it’s clear they’re a match. Write it all down on a list. Look for the problems and fears, and also focus on desires and hopes that you might be able to satisfy. If you can’t, they’re not a prospect.

 

Magnify

Once you have  a qualified lead, start asking questions that imply deep emotions. For example you could ask the following,  “Since you have SOME PROBLEM OR DESIRE how does this hurt your business?” Or you could ask “If you could solve this PROBLEM how would it help your business?” The goal is to get them all worked up and magnify their emotion. Get them in a mindset that their problem or desire needs to be addressed now!

 

Pose

Now is the time to prove that you can come to their aid. Pose a solution. Walk through their list of issues and desires. Note how your solution, products or services can address each of their needs. It may become clear that you’re not a match. You can then shake hands and wish each other the best of luck. But if you’ve qualified them properly , more than likely you’re a good match for them. Look for buying the signs as you explain your offering. Are they agreeing with you, nodding their heads?  By using their list,  the clients are in essence selling themselves on you.

 

Close

Closing sales is the part of the process that many find difficult. This is the time ask to for their business. The best way to start this conversation is to do it in an honest and straightforward manner. Out and out ask them: “From what you’ve seen so far do you think my company has what it takes for you to be successful?”   If they say yes that’s great. But if they say no, go back and collect more issues. Magnify their issues and pose possible solutions once more. When done attempt the close.  Keep repeating until you get a Yes or it’s clear you’re not a match.

 

Deal

Now is the time to get them to commit. Ask the following: “What are the barriers to start using our products and services within the next month?” If all goes well they’ll say “Nothing, let’s get started.”  Congratulations now it’s time to get the PO. But if they say “No”  the response is to ask why. Go back and uncover any new issues, and if possible pose  solutions that may meet their requirements.

 

If they’re truly shopping they may need to look at other options. You can respect that. Find a time within two weeks that works for them and follow up. Not everyone is a match when it comes to business. Sales is a process of matchmaking. It needs to be a win for them and a win for you.

 

Seal

Once you’ve made the deal it’s time to seal it and start working on the next opportunities. By over delivering and delighting new clients  you stem bad news being shared across social media. Furthermore you’re likely to get great references and referrals from their network.  The end of this deal is only the start of many more.

 

These six steps are the foundation of all sales. Although some industries may require additional steps, and  hoops to jump through, this process works in many cases. The one overriding theme here is the mindset:

You are here to help.

 This is both a collaborative and relationship building process. Modern sales demands this. It’s no longer a world without the Internet. Prospective customers may know as much if not more about the details in your market. Your job is to be curator, consultant and eventually trusted advisor. Once you earn their trust, the rest is yours.

 

Housekeeping

If you’re following Sales Babble on Facebook,  LinkedIn  or Google+ you’ve probably noticed I’m in the process of finding a name for the new online class  I’m offering this November. The class is focused on people unfamiliar with sales, people who need to learn sales but have a lot of fear around it. The details about this class: what will be covered, how will it be offered and other specific will soon be announced. So if you’re not already following me on social media

Read my posts on LinkedIn here www.LinkedIn.com/in/patrickhelmers 

Read my posts on Facebook here www.facebook.com/salesbabble 

Read my posts on Google+ here  plus.google.com/+PatrickHelmers

 

Got a Question?

If so ask me!  Go here to  leave an audio message.   Or click here to type a message.  I’ll review your cold calling script! Leave a question and I’ll respond!

We can teach you a selling style that fits your personality and works! Start here.

SB023 – How to Control the Sale, by Giving the Customer the Illusion of Control

Sales PresentationIn this episode where we’re going to talk about how to  control the sale, by giving away control.  A great sales rep has a handle on every deal and makes sure that all bases are covered. But that doesn’t mean leading the conversation by the hand, it actually means letting the deal take  the path it will take.  In this episode we’re going to discuss a different path.

Enter the contest for a free book.

In the dark days before the internet, when sales people gave presentations to an audience they were like mechanical toys. You would wind them up and they would start talking and talking and talking until finally they were wound down. It was painful for audience. In those days, the sellers had all the knowledge of the product and market place, the meeting room transformed into a one room school house. The seller was the teacher, and the buyers the kids. The kids listened. Maybe once in awhile they held up their hand with a question. The sellers did most of the talking, spewing facts and figures like a fire hose. It was all the prospective client could do to drink up the information. They would take notes like good students. Trying to get a handle on what to buy.

Right-click here to download the MP3

Despite the fact the sellers have never been wiser, savvier and better informed this still happens today. and it’s commonly known as Show Up and Throw Up,

Shifting the Control of the Sale

Have you ever been a victim of show up and throw up? Are you guilty of doing it yourself? It’s great that sellers are excited about their products and services. It’s great you want to share all the facts and figures. I love the that gun-ho attitude. But truth be told you’re not serving the needs of your prospective client if you’re doing all the talking.

I remember this one one I was working a trade-show with a new hire. We would stand at edge of our booth and pass out handout cards as the attendees meandered up and down the aisle. Every so often we would generate some interest and the conference attendee would be curious about our product. The new hire was surprised how I would just chat with them. And then they would leave, maybe we would get their emails, maybe not. She asked me “Why didn’t you bring them to the computer monitor and start showing them all the great things we can do? All you did was ask them lots of questions” It’s a good question.

I explained that what I was doing was trying to surmise if they were in the market for our product. I was trying to find out if they were shopping, and if so understand their time line, and their budget, how they are going to decide , etc…. And you can’t ask these questions outright so I commonly would ask about their current product, if was it causing them troubles, was it creating pain, were there unmet opportunities and desires that stopped them from innovating, servicing their clients, growing profit and reducing costs.

What I was doing was qualifying them to see if they were a good fit. But I did it by shifting the conversation from one, of me doing all the talking, to them doing all the talking. The same thing can happen in a presentation or a demonstration or on a cold call over the phone. Asking questions is key to generating interest and kindling curiosity. I’ve come to realize that people like to buy, they don’t like to be sold.

People want to feel like they’re in the driver seat. They want the sense that they’re the ones asking the questions, making the decisions and using their time and energy as they see fit. So what do I recommend? Shift the emphasis of your first interaction away from telling. Instead ask guided questions to control the conversation. Your goal is to give the clients the illusion they’re in control. Again people like to buy, they don’t like to be sold.

The Illusion of Control

By you asking questions, let prospective clients do much of the talking. Let then think they’re running the meeting. And to a certain degree, you are! Your building an agenda designed around their needs, their desires. Once their needs and desires are uncovered, you can address their concerns one by one. What you’re doing is getting them, to sell themselves, on you! This is what we call giving them the Illusion of Control.

Asking great questions is pivotal in qualifying your customer, creating interest, enrolling them on the value of your product and service. So it’s a bit of a paradox, and I’m not talking about two mallards: the more you give your prospects control, the more you control the sale. So today let’s go out and ask some questions. Let’s learn what people fear and desire and see if maybe, we can help them out.

Housekeeping

Now if you would like to get a transcript of this podcast make sure to go to the show notes at www.salesbabble.com/23 And while you’re there, don’t forget about the opportunity to enter the contest for a free copy of Geoffrey Moore’s Crossing the chasm. I’ve received a lot of positive feedback on the podcast and you’re not listened to it I highly recommend you place that in your queue. To enter the contest it’s really quite simple. Go to www.salesbabble.com/contest and enter your contact information.  If you haven’t listened to that episode, take a moment and download it on Stitcher or iTunes.

Got a Question?

If so ask me!  Go here to  leave an audio message.   Or click here to type a message.  I’ll review your cold calling script! Leave a question and I’ll respond!

I really appreciate your support and sharing what we do with friends and colleagues.   If you would like to share the love  on Twitter, click here.

We can teach you a selling style that fits your personality and works! Start here.

 

Crossing the Chasm an Interview with author Geoffrey Moore

Geoffrey-Moore-PhotoEver wondered why  the Segway scooter  never took off?   Or QR Codes ? Have you ever wondered why the iPad became hot while the Zune Player died a lonely life? Do you look at  Google Glass and wonder “huh….is that the future”?

If  you’ve ever pondered the question why  some technologies stick,  and others fade,  it would be useful if you had a frame of mind to better understand what works and what doesn’t.  If you’re a sales professional in high tech,  you NEED a way of ensuring your stuff becomes popular and not the next  WebTV.

Today Geoffrey Moore is going to  answer these questions. Geoffrey is the author of the book “Crossing the Chasm” and today we’ll talk about how to market and sell disruptive products to mainstream customers.

Go to www.salesbabble.com/contest   Enter your name and address to  be entered in the contest!

In This Sales Episode

In this episode we discuss the following:

  • Everybody is at different spot on the Adoption curve, it’s not a moral statement!
  • Some people are early adopters for technologies, and late adopters for other. It depends.
  • Understand the stakeholders in your deals. Not everyone agrees on where the organization stands on the adoption curve.
  • Ask the question,  “Where are they on the curve when it  comes to your technology?”
    • Are they early adopters?
    • Laggards
    • Pragmatists?

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 Items of Interest

Geoffrey Moore’s website is here    There is a wealth of information available here

The book Crossing the Chasm can be found here.   This is the third addition with all new examples using contemporary technologies.

Contest

Again, would you like to win a copy of Crossing the Chasm?

Enter your name and mailing address(any where in the world, I’ll pick up the postage)  below by September 22nd  2014 to  place your name in a raffle  to be  announced on Tuesday September 23rd. This is a great book that any seller in technology must own.

Click here  to enter the contest!

Got a Question on Sales?

If so ask me!  Go here to  leave an audio message.   Or click here to type a message.

I’ll review your cold calling script! Leave a question and I’ll respond!

 

I really appreciate your support and sharing what we do with friends and colleagues.   If you would like to share the love  on Twitter, click here.

To learn more about Sales Babble and how we can teach you a selling style that fits your personality start here.

 

SB017 | How Fear Clutters the Sales Process, An Interview with Debbie Ruston

Debbie RustonDebbie Ruston is  entrepreneur and sales trainer who is taking an active stand for human potential. At her company Success Educator, Debbie provides Entrepreneurial Leadership Education for individuals and groups addressing fears in both the corporate and educational sectors.

In this episode we talk about how to push through fear and take action anyway. We learn how fear may always be part of us, but if you  face it and continue to move forward you will be surprised  how capable you are.

Right-click here to download the MP3

In This Episode Fear

The topics we cover include:

  • Fear is a common experience in sales
  • Professional sellers push through the fear anyway
  • The importance of having passion about your product or service
  • Sellers need to take the leadership roles to service their clients
  • People want to buy, they don’t want to be sold
  • Don’t get attached to the sale, care about the clients and let them decide.
  • Honesty is  truly the best policy, it makes for repeat sales
  • Force vs Flow
  • Trust yourself and your ability to connect with others.

Items of Interest

We also  mentioned  the following resources:

Breakthrough Fear

Consider the things you fear when starting a sale. Then consider the consequences of the deal going poorly vs the deal not happening at all. Hesitation and procrastination are just as likely, if not more likely,  to kill a deal than you saying something wrong. The trick is to be aware of the fear, push through it and take action anyway.

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What do you think?

If you recall two weeks ago we kicked off a  contest for Thomas Ellis’s  book How to Close More Sales Today,Tomorrow, and Forever   Today I’d like to announce that  Sherva Joseph  of Maryland is the winner.  Congratulations!

Did you enjoy this episode?  If you’re on this page I’m assuming yes!   As you know I put a lot of time and effort into these episodes and I want to make sure as many people are introduced to Sales Babble as possible.  Let’s all  make sure and help them become more successful.  So I  would really appreciate  it if you  could help  by adding a  review on iTunes. It  just takes  a few minutes  and would really be appreciated.

Review Sales Babble in iTunes Now!

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We can teach you a selling style that fits your personality and works!

 

Don’t Sweep Objection Handling Under the Rug

Not Objection HandlingDealing with objections is objectionable for  unsavvy sellers!

Objection handling is the ability  to address sticky issues brought up by the prospective buyer. The goal is to somehow provide a satisfactory answer to the buyer’s questions.  It takes preparation to do a good job of this.  But poorly prepared  sellers often avoid topics that may cause the objection to come up. They incorrectly believe avoiding the controversy is the best plan of action.  It’s a  “maybe they won’t notice” mindset. They are in essence, sweeping  the objection under the rug, not understanding  that the objection can only go away if it’s handled and addressed. 

You are far better off shining a bright light on any objection.  By addressing the issues head on, buyers appreciate an authentic and straight response. Knowing the bounds of the solution, they can see if your product or service is indeed a match. If it’s not a match, it’s not a match. In this case the seller has a much better idea of the market needs and gaps in their products. But if all of the questions have been handled honestly, the buyer is much more likely  to see the value you bring.

Professional sellers go out of their way to make sure that ALL the buyer’s questions have been asked and addressed. When their services and products have been thoroughly vetted , closing the deal is just a matter of  asking them to help fill out the paperwork.

Again it’s critical to be prepared for objections and have good answers that place your products and services in the best light. Do your homework and be fearless in taking questions.

Next  if you’re  unsure where to  get started on the Sales Babble website,  click here and learn what we can do to help you close sales today. Click now.

 

SB013 | Winning Customers by Building Profits, an interview with Bob Rickert

Bob rickertIn this episode we interview the author of the book Profit Heroes by Bob Rickert. In his book Bob tells a fascinating tale of two sales rep who both vie for the same deal. In the both cases the two characters in the book are true sales professionals. But like in any competition there are winners and losers. Bob will explain the context and insight to explain why the deal went in the direction it did. And sum it up in with one word, it’s PROFIT.

Bob Rickert is an expert sales coach on breakthrough strategies for winning customers and building profits.

Right-click here to download the MP3
In This Episode
In this podcast we talk about how you need to view a customers business from their perspective :

  • How to quickly understand a prospective client via social media
  • If you understand a company’s financials, you can uncover their needs
  • The need to find out the decision making process
  • Honoring the competition
  • Connect their issues to your companies products and services
  • Companies are continuing to minimize costs to drive profit
  • Product differentiation is not enough, you must show how it impact their business
  • The best way to influence the buying decision is to have positive impact on profit
  • Customers love to talk about their business

Items of Interest
This episode mentioned the following resources:

Breakthrough
Consider one of the leads you are working now and answer the following questions:

  • My prospective customer makes/provides __________________ for their customers such as _________________
  • My prospective customer is profitable………
  • The greatest struggle my prospective customer has………
  • My prospective customers would be highly successful if ………..
  • My company can provide ________________ that would increase my prospective customer’s profit

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What do you think?

Would you like to win a copy of Profit Heroes by Bob Rickert? If so email me at pathelmers @ salesbabble.com by June 23rd 2014, I’ll place you name in a raffle and I will announce on Tuesday June 24th. This is a great book and that any small business professional or seller will find of value. It’s practical, pragmatic and fun to read. No kidding.

You can also enter by clicking here

Did you enjoy this episode? If you’re on this page I’m assuming yes!
I want to make sure I get as many people introduced to this great content as I can. So I would really appreciate it if you could help me with a review on iTunes. It takes just a few minutes and it would really mean a lot to me.

Click here for directions to provide a review in iTunes.

SB010 | PAR A Recipe for Heating Up Your Sales, An Interview with Mike Cooper

We train coach consult and teach a selling style that fits your personality and works.

iTunes Art WorkV2In this episode we  interview Mike Cooper Vice President of the Sales Kitchen. In it we focus on the high payoff activities and indicators that will ensure success in your sales: PAR a recipe for heating up your sales! Right-click here to download the MP3

In This Episode

PAR is  a  process Mike teaches to organize  selling.  PAR is an acronym  for:

  • Planning
  • Accountability
  • Results

The way Mike explains it …    Planning + Accountability = Results

Mike recommends that sellers find  high payoff activities in  sales, the things that go into planning and accountability.  If you move your concerns away from the anxiety of making results and  instead place energy on the things that generate results, success is guaranteed.

Items of Interest

This episode mentioned  the following resources:

Breakthrough

Take a moment and reflect on the two ways to grow revenue::

  1. Get more customers
  2. Get your current customers to buy more stuff

It’s easy  to get distracted in sales,  but planning  can keep you on course.  As Mike said,  if you work the activities  and review your efforts, the results will come. Click here to subscribe to SalesBabble.com

What do you think?

Did you enjoy this episode?  If you’re on this page I’m assuming yes! Please help me  get as many people introduced to this great content as possible.   I  would really appreciate  it if you  could help  me with a review on iTunes. It takes just a few minutes  and it  would really help get the word out. Click here for directions to provide a review in iTunes.

7 Sales Steps for Validating Your Business Idea

Blue FoldersSometimes when you get a great idea, the first thing you do is run it by a few friends to see if it’s a better mousetrap. And most times, good ideas stay good ideas and go no farther. But once in while,  with just a sprinkling of social proof, some budding inventor will become  certain they’ve struck gold and become obsessed  to bring this new idea to market. I can’t help but appreciate the energy in this situation. But is this the right course of action?

If you’re like most entrepreneurs, you have a number of great ideas. It’s clear you have a passion about your invention and you’re eager to move it forward. But before you do that,  I’d like to share  some advice before you spend any money bringing it to market. Think sales.

Make a Sale to Prove it’s a Real Business.

If you can get someone to plunk money down on an idea, you have concrete evidence you’re on the right path. This is a case where sales is not a process for closing business, but  a means of validating a business.

 With that said, let’s offer up a process entrepreneurs can follow:

  1. Create a list of 10  prospective buyers.
  2. Call them up and schedule a sales call. Print business cards and pretend brochures of your invention.
  3. At the sales call interview them about their pains and desires  you think,  your solution can solve.
  4. Once you get their list, share how you may have a solution that addresses their needs (share the brochure).
  5. See if they agree with your solution.  Thoroughly understand what they like and dislike about your idea.
  6. If they like your solution ask them would they buy and at what price.
  7. If you can get a few prospects to agree to buy, you have a business! If they don’t like your invention, you’ve saved yourself a huge hassle not to mention expense.

Once you’ve proven you have a business,  you can start working on the logistics of having someone design, fund, test, deploy and sell your invention. But let me repeat,  for the cost of some brochures and business cards, you can quickly see if your idea really makes sense. 

Fail Early Fail Fast

Far to many entrepreneurs lead with an idea, before knowing if buyers really agree. Don’t build things  you THINK they want. Build things you KNOW they want. If you can sell it before it exists, you’re on the right path.

Do you have an idea that you’re itching to validate?  Are you struggling to figure out a way to prove it’s a viable business opportunity?  I can help!

Let’s talk, click here to Contact Pat