Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header about About Home Profiles articles Tools forums inspirational quotes About facebook Twitter YouTube Blog
Share for a Cause











How to Sell A Pencil - And Your Product Or Service

Guest post by: Mike Brooks

Article Overview: This is one of the most basic of interview questions for sales reps, and the answer reveals so much about your previous training, your understanding of the sales process, and ultimately about what kind of sales rep you are.

Free Download - 3 Rules for Successful Up Sells By Mike Brooks
Name: Email:

How to Sell A Pencil - And Your Product Or Service

If I gave you a pencil and asked you to sell it, how would you go about it? This is one of the most basic of interview questions for sales reps, and the answer reveals so much about your previous training, your understanding of the sales process, and ultimately about what kind of sales rep you are.

So, what is the most effective way to sell a pencil? Well, first let's look at how most sales reps go about doing it. When I'm interviewing sales reps I love using this technique. After letting a rep tell me how good of a closer they are, I pull out a pencil, hand it to them, and tell them to sell it to me. And off they go!

80% of sales reps start the same way - they start pitching. "This pencil is brand new, never used. It has grade "2" lead and a bright yellow color so it's easy to find. It comes with a built in eraser," etc.

Some reps can (and do!) talk about it for 5 minutes or more before they ask a question or ask for an order. As the sales rep rambles on, I begin to yawn, roll my eyes, etc. Amazingly, this just makes them talk even more! "What's wrong with this people?" I think. Now let's look at how the top 20% go about selling a pencil. As soon as I give a top rep the pencil, they pause, and then they begin asking me questions:

"So how often do you use a pencil?" "How many do you go through in a month?" "What other locations does your company use pencils, and how often do they order them?" "What quantity do you usually order them in?" "Besides yourself, who's involved in the buying decision?"

Quite a difference here isn't there? I'll tell you right now, I listen to hundreds of sales reps in a month and they can easily be separated into these two groups: Those who pitch, pitch, pitch, and those who take the time to understand their prospect's buying motives, and properly qualify to understand the entire selling process.

Now let's see which category you fit in. When you speak with a prospect for the first time, how much of your script is focused on describing and pitching your product or service as opposed to questioning and uncovering buying motives?

If yours is like most scripts I review, then it's filled with descriptions of what you do and how your product or service helps them. Most scripts attack the prospect with a barrage of "value statements" that turn people off and make them want to get you off the phone as quickly as possible.

Want a better way? Then take a tip from some of the best "pencil sales reps" and change your script and opening to focus more on questioning and discovering whether you're dealing with a qualified buyer and what it might take to actually sell them.

Without knowing this, you'll just end up with a lot of frustration and a lot of unsold pencils at the end of the month.

Related Articles
  Sell Me This Pencil
  Selling Benefits
  The Wisdom of the Snapping Turtle
  Quality planning is essential for success
  6 Strategies to Get More From Your Planner
  How Do I Make Money Online?
  Ten Tips for Busting the Marketing Budget
  True Sales Professionals Are Product Agnostic
  Determine if your product is profitable before you make it
  An old refrigerator will show you how to INCREASE YOUR PROFITS
  Sell Yourself First
  Ask Yourself Seven Questions
  Don’t Forget to Answer this Question When Selling
  6 Recipes For Success When Starting Your New Online Business
  The Importance of Market Research Before Launching a New Product Or Service Online
  Selling on eBay: Is There a Best Product to Sell on eBay?
  Selling Desire
  Personal Branding - How To Do It In 5 Easy Steps
  Sales Training Tip - Most Sales Come Down to Price - Right?
  Selling the Soul of the Business

Home > Sales > Mike Brooks > How to Sell A Pencil And Your Product Or Service >
Article Tags: closing sales, closing scripts, closing techniques, cold calling, inside sales, overcoming objections, phone sales, phone sales scripts, phone script, phone scripts, phone scripts examples, prospecting, telephone scripts, telesales

About the Author: Mike Brooks
RSS for Mike's articles - Visit Mike's website

If you found this article helpful, then you'll love Mike's NEW book of
phone scripts, "The Ultimate Book of Phone Scripts." Buy now and get over
$500 worth of free bonuses from top sales trainers like Tom Hopkins,
SalesDog, Stan Billue and many others by taking advantage of this Special
Offer: http://mrinsidesales.com/booklaunch.htm Find out why Brian Tracy
calls this the best book on inside sales available today!

Do you have an underperforming inside sales team? Talk to Mike to see how
he can help you and your team reach your revenue goals. To learn more
about Mike, visit his website: http://www.MrInsideSales.com

 



Click here to visit Mike's website
Dashed Line

More from Mike Brooks
Become a Better Closer!


Related Forum Posts
Re: Service Or Product? Re: Service Or Product? - I agree with starting a Service-based Business in the economy. Here is what I think is critical: 1. Researching that your Service business has a market. 2. Marketing the Service with as much leverage as possible. 3. Product-izing the Service (aka Package Expert Knowledge). This will only help elevate you as "the" expert in your niche and make you accessible to people in different price points.
Show the Benefits Show the Benefits - Offer a free test drive of the Product or Service with a Money Back Guarantee - Take the Risk out. This will help them make the decision but you have to work with them to realize it by explicitly state the benefits they are receiving.
Offer Credit instead Offer Credit instead - I'm not sure if ChrisH was referring to this but i'll state it more expicitly .. Charge upfront and offer a refund of double the value back in "Credit" towards your Product or Service you have for sale at the end of the event.
Don't leave your Wallet on the table Don't leave your Wallet on the table - Targetzone, Evan has great points on targeting you package. Also I read the revenue model you mentioned and i believe you are leaving a lot of money on the table. Aisde from making just $15/sale of a package you could also be making income from sales generated after the people use the coupon on their second and ongoing visits to the Service/Product company. I've sent you a PM - We can talk more advanced strategies. BTW - I'm a Dollarmakers Member and have taken the Joint Venture BootCamp 101 and highly recommend it if you wish to pursue this idea. PM me privately and we can talk.
Who Said Twitter Doesn't Work...? Who Said Twitter Doesn't Work...? - Last month, the BBC World Service programme, The Strand, featured 21 year-old Icelandic pianist/composer Olafur Arnalds. Arnalds achieved extraordinary success through his internet-led project to compose 7 tunes in 7 days, post them on his website and then post links to it via TWITTER. As a result his website got thousands of visitors eager to listen to his music, catapulting him to fame and bringing his music to the attention of the BBC, who featured an interview with him on the World Service programme, The Strand! So who says Twitter doesn't work? (HINT: It does help if you have something uniquely your own that other people want to get hold of...)


Recommended Article for You close

  Sell Me This Pencil

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article

Bottom Footer



Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Resistance to Change and How to Deal With It

10 Steps to a Great Support Team

What is Discretionary Cash Flow

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.