Most of them out
there with a sales career hate rejection and find the whole sales process extremely
frustrating. They have their reasons:
ü The anticipation a lead triggers in the
sales cycle is that of revenue (Read
commission) and if that does not materialize, the efforts go waste
ü They cannot handle the price war with competition
ü They are ill equipped to manage objections effectively
ü It is time consuming and the gap is wide between lead and deal
And the reasons
continue.
There is a whole
crowd out there who firmly thinks, they can win the order only
ü If their company agreed to give that discount
ü If their product had that feature - that extra tray or pin or
needle which competitor’s product had.
ü If there was something extra or incentive for the client that is offered
for free, along with every purchase.
ü If there were enough positive reviews online
ü If company
image is gets better in the reputation scale
And the excuses
continue.
Being in sales for
a considerably long time across industries, the few simple acts that work for
me are
I.
Do not Sell, Just Pitch
ü People love to buy however they hate to
be sold. What is new about this? – Once you switch focus from product to people, you will
automatically know whether to pitch or not.
ü When you just pitch, you act as a
facilitator, the torch bearer showing the path, not pushing them to walk on that
road.
ü How do you feel when the same person
tells you the very same thing (to buy) every time he meets you – You feel great
or guilty or disgusted? You take a call if you want your buyer to feel that way
about you.
II.
Establish the need
ü Do this right the first time and do this
with utmost honesty to build trust -
You are done for the moment.
ü You establish need not by providing a
dozen answers but by asking the right
questions.
ü Your role is to just assist the buyer to think about the needs he is likely to have
today, tomorrow and day after.
ü You need not control the decision making
process, you just have to influence
their thinking patterns and horizon – Are they able to see that far where
you know they will need what
III.
Position your product/ service
ü You offer your product or service as
solution and leave it at that.
ü Once you have appropriately established
the need or critical pain points, step III is a natural drift and the most
predictable conclusion to the first connect.
ü In all probability the buyer will be
eagerly waiting for the solution you have
IV.
Do not follow up
ü I know this last bit contradicts age old
advice to follow up.
ü The simple rationale is - the one whose
need is more severe should ideally be the person/ entity to follow up.
ü If you have established the need well in
the first place, they will follow up and if you have not done step II right, your
follow up will face a flat response.
Do you know your client enough to make the right pitch?
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