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.

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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.

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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?

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SB019 | Skyrocket your Retail Sales, an Interview with Nicole Reyhle

Nicole Reyhle-4In this episode we talk about  sales in the context of Retail and surprisingly,  it’s not that different than sales in other industries. We even talk about hiring and working trade-shows.

Nicole Leinbach Reyhle is the Founder & Publisher of Retail Minded, an international publication, website and destination for independent retailers privately owned small businesses. Additionally, Reyhle is the Co-Founder of the Independent Retailer Conference, and has been a sales professional for Adidas, Sears, Franco Sarto Footwear, and Nordstroms among others. Nicole serves as a spokesperson and adviser for Small Business Saturday, a nationally recognized day occurring the Saturday after the American Thanksgiving holiday that supports small businesses.

 

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In This Sales Episode

In this podcast we talk about:

  • Consumers often have more insight in retail products than in the past
  • Often times consumers have more data on products than sellers
  • Effective sales associates deliver a superb sales experience
  • The power of a Store story: what gave birth to the store
  • You can’t rely on your own taste to understand what to sell , you must rely on the real boss, your customer
  • When hiring sellers, look beyond your immediate circle. Look for people who compliment your weaknesses.
  • Do two to three interviews before hiring any one associate
  • Great sales candidates are great listeners. They can read between the lines.
  • Great candidates are nice yet assertive
  • When attending trade-shows its important to  understand your market
  • For shy folks, bring a wingman to ease conversation
  • Brick and mortar businesses should leverage social media . The selling never ends.

Items of Interest

In this podcast we mentioned the following resources:

Nicole has kindly offered to give all Sales Babblers a free 1 year digital subscription to Retail Minded.  Go to retailminded.com/subscriptions/

and enter the code SALESBABBLE in all CAPS

Breakthrough in Retail

Consider your presence in social media. Are you leveraging it in your brick and mortar business? Even if  you have a virtual business or if you’re a service provider you can still ask the question, are you utilizing the power of LinkedIn, Twitter and Facebook for prospecting and finding clients? If not, you need to start today.
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Housekeeping

If you recall two weeks ago we kicked off a contest for Jill Konrath’s book “Agile Selling“.  Today I’d like to announce the winner Odile Faludi from Bond Junction,  Australia .  Congratulations Odile!

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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.

 

Pleasantly Persistent Sales With Thomas Ellis #15

Thomas Ellis Portrait

 

Thomas Ellis PortraitPleasantly Persistent Sales with Thomas Ellis

In this episode we  interview  Thomas Ellis,  a  business sales trainer and coach. Thomas shares his views on “pleasantly persistent sales” .   He believes tenacity and persistence are a must to close  sales, while at  the time sellers must be both patient and pleasant.

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In This Episode Pleasantly Persistent Sales

… we talk about pleasantly persistent sales:

  • To focus on creating conversations, and not selling when networking
  • Tactics for starting a conversation when networking
  • How follow-up is the secret sauce
  • Pleasantly Persistent Sales – what it is and how to use it.
  • Meetings are called “chats” or “conversations”
  • How it’s critical to uncover the truly important problems during the conversation
  • Propose solutions you are certain address their most important needs
  • Tell stories of past successes to build credibility
  • Becoming  a Rolodex for your clients

In the interview Thomas said …..

“If you master the basics of sales, you will be wildly successful. “

Items of Interest

….. we  mentioned  the following pleasantly persistent sales resources:

Breakthrough

Next time you’re at a networking event strike up a conversation with a stranger by commenting on the venue and then ask them why they’re attending. Challenge yourself to see how long you can keep the conversation going WITHOUT talking about yourself.   Over time they may self identify as a prospective customer.  Fi that happens you should say ” we should continue this conversation later”, exchange business cards and follow up in three days.  That’s prospecting!

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Enter The Contest

Win a copy Thomas’s book “How to Close More Sales Today,Tomorrow, and Forever “

Enter your name and mailing address(any where in the world, I’ll pick up the postage)  below by July 7th  2014 to  place your name in a raffle  to be  announced on Tuesday July 8th. This is a great book and that discusses the fundamental of sales.

Click here  to enter the contest!

If you recall two weeks ago we kicked off a  contest for Bob Rickert’s book Profit Heroes.  and today I’d like to announce that  Ginger Booth of Connecticut is the winner.  Congratulations!

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

 

 

 

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.

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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

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6 Simple Steps of a Sales Process: Sales 101

FreeSteps of a Sales Process

I’ve just created a free infographic titled Sales 101 – 6 Simple Steps. Many small business entrepreneurs need to grow their business, and sales is a cost effective way of obtaining new clients. Often times non-sellers avoid sales because they don’t understand it. This infographic explains sales in plain language. In 6 simple steps, you’ll obtain a clear understanding of selling mastery. Once you understand it, you’ll realize it’s a straightforward process and build confidence to bring your passion, to the marketplace.

Sales 101 -6 Simple Steps Icon

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