Article Overview: I recently experienced a very clear example of Buying Facilitation®, when i used it to turn a failed buying situation into a purchase.
I tell a shortened version of this story in my new book, Dirty Little Secrets; it bears repeating during this economic confusion when buyers are having difficulty getting to ‘yes’.
I was at a client site running a Buying Facilitation® training. A part of the training includes real-time calls to clients prospects. In this situation, my client had requested that the team listen to me on a call first, so they could hear what BF actually sounded like real-time. They set up a phone meeting between me and a prospect who had called recently to say “Sorry. We won’t be purchasing your product,” after one year of 3 sales visits and 3 product trials.
Free Download - Sales is a Flawed Model By Sharon Drew Morgen
Turning A 'No' Into A 'Yes'
I recently experienced a very clear example
of Buying Facilitation®, when i used it to turn a failed buying
situation into a purchase.
I tell a shortened version of this story in my new book, Dirty Little Secrets; it bears repeating during this economic confusion whenbuyersare having difficulty getting to ‘yes’.
I was at a client site running a Buying Facilitation®training. A
part of the training includes real-time calls to clients prospects. In
this situation, my client had requested that the team listen to me on a
call first, so they could hear what BF actually sounded like real-time.
They set up aphonemeeting between me and aprospectwho had called
recently to say “Sorry. We won’t be purchasing your product,” after one
year of 3salesvisits and 3 product trials.
These women that I called were the heads of L&D at a well-known
university and were expecting my call. They had been told that I was a
trainee who wanted to ask some questions to help me learn about the
product and the buyer’s environment. They were happy to help.
I called (with everyone listening in), and after some intros and pleasantries, the conversation went like this:
SDM: It must have been so sad for you to have to decline purchasing the Solution when you loved it so much.
L&D: It was! We love your product! We really would have liked to have bought it.
SDM: What stopped you?
L&D: We have this new HR Director who is nearly impossible to
work with. We ended up deciding that we’d make our lives easier and not
fight with him. As a result, we’ve not fought him when he’s made
decisions we’re not happy with, even though we should have an equal say
and vote. It’s just not worth the hassle.
SDM: I hear you saying that therelationship issuesyou are having
with a colleague are keeping you from making available possible tools
to help your folks achieve a greater level of excellence.
L&D: Oh my. You’re right! Doesn’t sound very mature, does it?
SDM: What wouldneedto happen differently to ensure the two of you
could figure out a way forward to make sure your personal issues
wouldn’t get in the way of necessary work decisions?
L&D: We’d have to figure out how to a start a dialogue and come to some professional resolution.
About three hours after this conversation, my client got a note from
these women and asked to get some of ‘those questions’ (Facilitative
Questions) so they could use them on the HR Director. I sent them, and
within 3 weeks, theprospectspurchased our product.
WHAT HAPPENS WHEN BUYERS SAY ‘NO?’
If theseprospectsdidn’t like the product, they would have said
‘no’ days/weeks after first being introduced to it – not waited for 3
vendor visits and wasted time and manpower on 3 trials over 11 months.
Obviously they liked the product, like the vendor, and needed the
product. But they didn’tbuybecause of an internalrelationshipissue
that was out of the realm of thesalesmodel.
Does this happen to you? Do you have great relationships with your
prospects who seem to recognize that your product will solve their
need? Do you sit and wait for months and months for them to call back,
believing you have a sale, and then they never call back, or call back
to say ‘No?’
It’s not you. It’s not your solution, or your personality, or your
skills, or your client relationship. It’s thesalesmodel. Sales merely
deals with the solution-placement end of the buyer’s final decision and
has noskillsto help thebuyermake sense of the internal,
idiosyncratic stuff that seems so difficult for them to handle…..those
relationship and policy and personality issues that have created the
status quo and keep it in place daily, the ones you know nothing about
and are not part of their problem or your solution.
As you saw in the story above, untilbuyersmanage their internal
decision andrelationshipissues, they will take no action: the
ramifications of change are worse than maintaining thestatus quo(I
write extensively about this in my new book). We’ve always sat and
waited impatiently for them to achieve an internal decision, frequently
attempting to ‘get in’ during this quiet time, and try to make
something happen, when unfortunately it’s out of our control.
But you can maintain some influence and control right from the first conversation. Doing this does the following:
it puts you on the Buying Decision Team immediately;
it makes it possible to have a bit of control around what’s happening when you’re not around;
it gets rid of allobjections(price and otherwise).
How would you know when you’d be willing to add a new skill set to
what you’re already doing successfully? And what would youneedto
understand about Buying Facilitation®to know if the model would work
in your client environment?
Sharon Drew Morgen is a pioneer and thought leader, the bestselling author of NYTimes Business Bestsellers Selling with Integrity , Sales on the Line, and Buying Facilitation, the new way to sell that expands and influences decisions as well as 2 other books and 800 articles on her original collaborative decision-support model Buying Facilitation. As the architect of a wholly original sales model, Sharon Drew has provoked, inspired, and motivated thousands of sales professionals world-wide. With a history as a million-dollar producer and 30 years in sales, an entrepreneur of a successful start-up, and a sales consultant in many Fortune 100 companies, she brings field knowledge as well as innovation to her audiences.
Based on supporting the buyer's internal (management) decisions, Sharon Drew is a trainer, consultant, keynote speaker, and designer of patents that help site visitors and sellers make the decisions necessary for success. Her model has been trained worldwide, in global corporations such as Coors, Wachovia, Intuit, KPMG, IBM, and retail corporations such as Clinique.
Related Forum Posts Re: pitching
- Friendliness is closely related to the concept of "permission marketing" as articulated by Seth Godin. The subtitle of his book says it all:
"Permission Marketing: Turning Strangers into Friends and Friends into Customers."
The old method was "interruption marketing" where you suddenly get an ad in your face whether you want it or not...
Re: Dealing with businesses that won't pay...
- [quote="TheAnonymousMan":39fp5wcr]What would you do in my situation? I have thought about saying "Would you mind paying at least ONE of my invoices first?" but it would most likely sour the relationship as he has told me "the business is trying to get some income quickly as you know so could you do this job to help me out" but this time I'm not quite convinced.
The last invoice was for their web hosting and I could easily turn off their business by the click of a mouse but I know that would definitely turn things sour.[/quote:39fp5wcr]
Hi TheAnonymousMan,
Like the old saying goes, "Fool me once, shame on you. Fool me twice, shame on me..." So I wouldn't give these guys the opportunity to "fool" you a 3rd time with another empty promise. Turning off their business may cause things to get very ugly, so don't do that just yet. Try explaining to them first how you can't do anymore work for them at the moment until you see some form of payment because you're tight on cash too. Say you're busy working for "paying customers" as you need the money for Xmas. If they pull the pity routine on you, you should use it back on them.
The Old Girl's Network - (2003)
- Haven't read this one yet...
Contents
A business of one's own: setting the stage
Passion: Turning what you love into a real business
Vision: Bringing Your Idea Into the World
Pioneering Spirit: Discovering new frontiers
Tenacity: Passions Bulldog
Raising Capital: Translating your vision into dollars and cents
Focus, feedback and flexibility
Leadership lessons
Life after the survival stage: Managing onward
There's a Took Kit in the back that has lots of good stuff, including:
Outline for competitive analysis: the basic issues to address before starting your company
Outline for executive summary and business plan, with sample summary
Explanation of non-disclosure agreement
Milestone setting
"Do you have what it takes" quiz
Sample financing term sheet
Due Diligence checklist
Sample advisory agreement
Process and systems review
Outsourcing overview
Erica Ehm profile, Ladies Who Launch
- Meet Erica Ehm Interview
Meet Erica Ehm in Toronto at Ladies Who Launch LIVE on September 29.
Erica Ehm rocks.
And she does it with the lights on. At least, she used to. One of Canada's most recognized media personalities, Erica was barely in her 20s when she became the first female video jockey on Canada's MuchMusic cable TV station. Erica went on to launch a multi-media career that has included television, radio, film, theater, journalism, songwriting, and music publishing. The birth of her son, Joshua, however, changed her pace and direction on a dime.
As a new mother, she found herself confused, afraid, isolated and depressed, and she wasn't alone. Yummy Mummy Club was launched to create an online community for women with "kids, guilt and no time for themselves."
Cheeky and playful, it speaks to "finding the impossible balance between the single sexpot she used to be, the woman she's become, the professional she works hard to be, the wife she aspires to be and the mother she has to be."
What I learned from Erica: the key to success is to dream. "To make your dream come true, you first have to have a dream." And,"You have to be very specific as to what you're trying to achieve. Go at it, day in and day out. Meet people. Network. Use others' expertise to your mutual benefit. Find the 'frenemies' around you. And, be prepared for more work than you ever thought possible."
Birth of a Video Jockey
"I always wanted to be in music and acting. They were my passion, and, as a VJ, I could combine the two.
"When I was 16, I worked at a local radio station. My next jobs were at larger radio and TV stations. They saw that I was passionate and driven. I was able to make a demo tape and I basically thrust my talent on MuchMusic.
"I also ran the school yearbook, wrote a student newspaper column and did my college yearbook. A pattern emerged that I didn't notice. It was that I've always been a spokesperson for my generation."
School of Hard Knocks
"I went to the school of hard knocks. I learned on the job. I had no formal training, script or director and I was on the air live for four hours every day. I survived and flourished."
Fearless Good Girl
"I learned to be fearless in front of an audience and camera.
"I was creating my own persona and messaging from the time I was in my early 20s on live national TV. This forced me to examine my priorities and what kind of message I wanted to send.
"I positioned myself as a good girl, an inspiration and a role model, as opposed to the party animal rock and roller. I used the platform to spread inspiration to young people and women. No one ever wrote a script for me. It all came from my heart."
Ups and Downs of Celebrity
"I was somewhat of an introvert and initially not comfortable with people. I just wanted to interview rock stars and understand their creative abilities. I didn't think about and wasn't prepared for celebrity.
"It did allow me the opportunity to get my message out. I learned how to use the media for my own ways and how to navigate an interview."
Shock of Motherhood
"I was totally unprepared for the psychological, emotional and physical changes when I had my son, Josh. I did all the research, but it hit me over the head like a hammer. I was in a fog and totally depressed and terrified."
Dirty Little Secrets
"I wondered if anyone else was having such a terrible time. Out at parks and places, I started to talk to other mothers and tell them my experiences.
"They'd say, 'Me, too.' I realized it was a dirty little secret that no one is sharing because they're too ashamed that they're not the perfect mother.
"I thought, there has to be some way to talk to moms and tell them they're not alone, that we're all going through same thing and it's OK."
Yummy Mummy Club
"I wanted to create a place on the internet to share and celebrate our lives as mothers. The idea was to stop talking to moms like they're just moms.
"We are women first. Part of the discussion will be about motherhood, but we are also lovers, girlfriends, athletes and so much more. A mother is not just a caretaker of children. So many of us forget that when we have a child and start to lose our identity.
Definition of a Yummy Mummy
"It means different things to different people. She's an inspired multi-tasking mom who feels good about herself and takes good care of herself. She's a great role model for her friends, kids and family."
Hooked up With a Delicious Daddy
"A Delicious Daddy is a father who is connected to his family on a domestic level. He doesn't just go to work, come home and say, 'Honey, where's supper?' He's connected on an emotional and physical level.
Imperfect: The New Perfect
"Moms need to lose the guilt and fear. It's all a state of mind. It's important to keep the idea of 'happy mummy, happy family' in perspective. Sometimes a mom has to take care of herself and put her needs first. Refreshed and inspired, she'll be able to be there for her kids in a better way."
Prepare For Chaos
"For all the talk about balance, really there is no balance. As soon as you have it, something goes out of whack. Be prepared for chaos."
Turning Point
"My business model has been based on my own intuition. I built my website by hand myself on intuition. Its message and feel reflected my strong vision. I was a one-woman operation until recently.
"Now I've hit a plateau. I'm still doing most of the hands-on, but now someone does the site for me. I hired a mom-preneur of Craigslist. I've hired a firm to handle the invoicing and I have virtual assistants. My sister in law is the 'prize queen' and she contacts our contest winners.
"I love the transition. I'm very careful about who I'm asking to join my team. Everyone has exceeded my expectations. The secret is, hire moms. They know how to multi-task, they take great pride in their work and they know about self-employment. Moms are the best untapped market."
Yummy Future
"YummyFriends is my new social networking site for women and moms to meet and support each other. It's a place to share sexy secrets,
fave books and cool questions.
"My biggest initiative to date is a user-generated contest to find Canada's Yummiest Mummy. It's a 12-week contest beginning over Labor Day. Thousands of videos will be uploaded and there will be prizes for winners, voters, and people who forward news of the contest. It's a huge undertaking with a cheeky, playful vibe."
Yummy Last Words
'The only way you'll succeed is to put work and time in. It can't be all about money because then you'll start compromising left, right and center.
You have to be consistent about your dream. Have the attitude, 'If you build it, they will come.'
"Starting out in the spotlight so young, I learned that the key to success is to be fearless. Don't be afraid to ask, to take chances and to risk being turned down. Roll with the punches and get back up."
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