Winning Sales by Understanding Your Sales Process -
Your Present Selling System
If you're in a business that is more than a few years old, it is a certainty that someone within that business has developed a system - or a habit - of selling that works for your market - if only in part. If that system is not the best it could be, then your sales are less than they could be.
It's really that simple!
Does it stand to reason then that, if you understood the system you have evolved to sell your product (we'll use "product" to include services), you may be able to use that understanding to improve or optimise your system - and increase your sales thereby?
Taking Apart Your Selling System
Every successful sale contained the following element in one proportion or another, executed at some level of competence - or incompetence - such that the sum of the whole was enough to tip the buyer's judgement in your favour. Becoming consciously aware of each of these elements, and seeking to understand them and their role in what should be a seamless sales process, is one of the two keys to increasing sales. (What do you think the other key is?)
This template is designed as a Q & A process, so grab a pen and notepad, and start writing.
Those parts are:
1. Identification
What distinguishes someone who may or could buy your product as distinct from someone who won't or can't? What are the characteristics or identifying factors that someone or some business must have in order to be a potential buyer of your products?
For example, if you wholesale health products for sheep, what is one stand-out factor that will include or exclude someone as a potential buyer?
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2. Qualification
Qualification is a matter of determining whether someone whom you have identified as a potential buyer has the following key credentials:
a. The need for your product within a reasonable timeframe. They may have a strong existing relationship with your competitor and have no reason to change right now.
b. The means to buy your product. They may lack the authority or the funds to act in your favour. It's a waste of time selling to someone who lacks the authority or influence or funds to complete a sale.
What process do you have for ensuring that the person to whom you are talking has the authority and resources to complete a purchase?
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If you identify someone as having the potential to become a customer, but find they are not ready right now, what process do you have for tracking them, and contacting them periodically to check on their evolving status and/or needs?
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3. Rapport
People buy from people they know, like and trust and every sale has some element of relationship-building.
What is your process for initiating and then building a relationship with your prospective customers?
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In the short term?
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Over the long term?
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4. Needs Analysis
There is no point in talking to someone about something that they don't want or will not become interested in, so every successful sale has a process for determining what the customer wants and then matching that with a product.
Admittedly, in the case of impulse sales, it's almost a case of offering the product and triggering the "want" but we'll assume that you make that offer in the presence of people, some of whom are qualified to buy.
More commonly, selling is a process of accurately determining a person's real wants or needs and then offering a product that they perceive will satisfy that want/need.
What is your process for clarifying your prospective customer's wants?
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What is your process for seeking secondary or related wants that you may be able to satisfy either simultaneously or later? (McDonald's has a simple system; they ask, "Would you like fries with that?" What's your "fries" process?)
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5. Proof
At some point in the selling process you will offer proof that the product you say will satisfy the need you have identified, will in fact do that.
Proof can consist of stories of satisfied customers, their testimonials, surveys, statistics, credentials, etc.
What is your proof process?
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6. Feeling
Most of us use proof to satisfy our rational self, but the majority of purchase decisions are made on emotional grounds - we just use "the facts" to rationalise to our friends why we need a 350kW vehicle that weighs 3 tonne and uses more fuel than a tank! The fact is, that we wanted it for purely emotional reasons then built a rational case for owning it so that we could justify that to ourselves and others.
So, in nearly every instance, a successful selling system will move the buyer to consider how they would feel if they did or did not own or experience the offered product or solution.
What conscious steps do you take in selling to engage your prospective customer's emotions in order to drive the buying decision?
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7. Agreement
At some point in the selling/buying process you will need to reach an agreement to exchange products for value.
What is your process for bringing your selling activities to a successful conclusion?
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We know of over 50 ways to "close" a sale. Do you have a closing process that is the best for your product, customer and circumstances?
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8.Exploration
Anyone who thinks that the sale ends with the ring of the till was born yesterday, for the best value for both parties often lies beyond the first encounter!
So, what process do you have in place to ensure that the promise of a relationship that you made during your selling activities, is kept after the fact?
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How do you explore the potential for the next sales, either with this person or someone whom they know and will recommend?
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Winning Sales by Understanding Your Sales Process - To learn more about this author, visit Peter Rowe's Website.
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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Dianne CramptonDianne Crampton is an executive leadership coach, team culture consultant, author and president of TIGERS Success Series, Inc. Dianne has been helping CEO's and Executives connect their employees to their core values and goals for over 20 years using the trademarked TIGERS team culture process, which stands for trust, interdependence, genuineness, empathy, risk and success. To download a free white paper on behaviors that build strong teams and behaviors that will predictably tear them down go here. Dianne's contribution to the 2010 Pfeiffer Consulting Journal (an imprint of John Wiley and Sons Publishers) entitled TIGERS Hearted Teams is available in November 2009. Her new book TIGERS Among Us: 5 Winning Business Team Cultures And Why, Three Creeks Publishing will release in March 2010. To receive publishing discounts, subscribe to the free TigerTracks Newsletter here. - Visit Dianne Crampton's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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