The Anatomy of the Sale
Written by:
Brian Sullivan
Article Overview: 7 Body Parts that Can Make or Break the Sale
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The Anatomy of the Sale
In the first five seconds of any sales presentation or coaching session (for you managers) people will determine the following:
� I will or will not listen to what you have to say.
� I will or will not want a relationship (personal or professional) with you.
� I will or will not trust you.
� I will or will not do business with you.
And in five seconds, there is nothing you can say that will speak more loudly than what your body language is telling them. So here are just a few tips to make sure your body�s first �words� are ones that make them curious enough to listen up.
1. Eyes- While your customer (internal or external) is talking, look them in the eye and make sure yours are wide open. This shows compassion and interest. And if you are talking to more than one person at the same time, don�t �lock on� to just one or two. For instance, if you are delivering a sales presentation to a physician and two nurses, your head needs to be on a swivel so that every decision-maker or influencer in that room knows you value their opinion.
It is okay to occasionally look away from your customer especially if you are trying to internalize the feedback they just gave you while crafting your professional response. This shows patience, confidence and often wisdom.
2. Shoulders and back- Keep them straight. Slouching shows low self-esteem. Also be aware of the body angle your customers. Are they leaning forward in interest or back in apathy or disapproval? Also, be aware of your distance from the customer. Break the Jerry Seinfeld �close talker� bubble and your customer will be more concerned about getting you out of their face than how much value your new product can deliver.
3. Head- When you want to be authoritative, keep your head in a consistent position both vertically and horizontally. Erratic or loose head movements show uncertainty in your message. When listening, tilt your head slightly to either side to show curiosity and interest in your customers input.
4. Mouth- What does your mouth do while others are speaking? When you tighten your lips and perhaps twist them to the side, it shows the other party that you are skeptical in what they are saying. Once a customer feels that there input is diminished, so too will be your chances at closing the sale.
Perhaps your most powerful body language tool is your smile. Face it, people like and want to buy more from happy people than they do grumpy ones. Pouts are OUT and grins are IN so use that mouth of yours as a billboard of your positive attitude.
5. Hands- To create an open and friendly selling atmosphere, your palms should be slightly up and outward when delivering a presentation. Palms and down and downward hand motions can perceived as forceful. To illustrate this, put your hands out in front of you with palms facing up and move your hands up and down as if you had an audience in front of you. What emotion would it spark in them (raise the roof anybody!) Now put your hands out with palms down and do the same things. How would and audience feel if you did this? Sure, they would think you are telling them to shut up and settle down. Your subtle hand motions in every presentation send those same signals.
6. Legs- Yes, even your legs sneak themselves into the sale. Even if they are hiding under the table, they can say a lot about how well you are communicating.
Jiggling the feet is like the brain's attempt to run away from what is being experienced.
If you look down and it seems like you are pumping the gas pedal of a 1967 Dodge Dart, chances are you are fidgeting with other body parts as well. Settle down, calm the legs and soon other parts will follow. Because the sale often goes to the most poised communicator, and the poised communicator makes slow, smooth movements.
And what about crossing your legs? It�s fine. Some cross at the ankles, some at the knees and others reach right down, grab the ankle and drop it on top of the other knee. Just keep in this is known as the �Figure 4 Position� and it can signal that you are on the defensive.
7. Elbows-When things are going well in a sale and you feel a connection has been made, a short three second touch on the elbow of a prospect can create a brief and warm connection. Doing this more than once however, could turn that warm connection cold quickly.
So this week, let your body do the talking. By doing so, will find that your PRECISE posture, combined with great product and a tactical sales plan, will have your commission check speaking a language that is music to your ears.
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Article Tags:
body language,
communication skills,
posture,
power in business
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Nice to see the welcome messages. Bits about me, i am doing busy with my day job and recently jumped into this online biz domain. Now i am exploring the internals of Internet biz, marketing, seo etc.
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The Game Inventor's Guidebook
- by Brian Tinsman, 2002
I checked this out of my local library today and its pretty interesting... didn't address what I wanted to know, which was how to actually design an online gaming system (indeed this doesn't cover online games at all), but for board games etc. it's pretty good.
Here's the TOC:
1. How they diid it:
Trivial Pursuit
Magic, the Gathering
Dungeons & Dragons
Pokemon Trading Card Game
Interview with an inventor
Interview with a publisher
2. How the industry works
1. What's in it for you
2. How new games happen
3. Anatomy of a publisher
4. Markets for games
3. Games and companies you should know
1. Mass market games you should know
2. Mass market companies you should know
3. Hobby games you should know
4. Hobby companies you should know
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6. European specialty games and companies you should know
4. Self publishing
1. What am I getting into
2. Before you print
3. After you print
5. Selling a game step by step
1. How to invent a game
2. Game design
3. Game development
4. Targeting publishers
5. Before you submit
6. Eight submission strategies
7. Contacting publishers
8. Protecting your property
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10. What to do if they do say yes!
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Publishers and mnufacturers
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Manufacture of POTATO Flour / POTATO Powder
- Manufacture of POTATO Flour / POTATO Powder
About Project
Setting up of a unit for manufacture of potato powder
About Product and its use:
Potato powder is increasingly being used in a variety of food preparations like snack foods (Mc Donald, Pringle, Haldiram namkeens etc.), soups, curries and other dishes as a thickening agent. Its use at present is mainly in hotels, restaurants, but acceptance in household is growing due to its inclusion in items like ready to cook soups, dals, curries, etc.
Market Potential:
The potato powder is supplied in bulk to the manufacturers of the various snack food items and restaurants/ hotels. The major demand is in cities like Mumbai, Delhi , Chennai, Nagpur , etc. The demand is much more than the supply at present and is likely to grow with the increasing popularity of the snack foods and other items where potato powder is used as input. There is good potential for its export also.
Production process and technology:
Procurement of potato -> Washing -> Cooking -> Pulping -> Drum drying -> Potato Powder -> Packaging -> Marketing
The plant and machinery can be used for producing other products like fruit powder, tomato powder, etc.
Key risk factors:
Availability of adequate quantity of suitable chip varieties, which are used for powder making (like Kufri Jyoti, Kufri Chipsona) is the major factor which could affect the project.
Availability of alternatives to potato powder for thickening like tapioca, corn starch etc., could affect the market of potato powder adversely. However at present there is no problem
Quality control and Statutory Requirements
The unit need to obtain a licence under FPO 1955 from the Ministry of Food Processing Industry
Clearance from State Pollution Control Board
Capacity of processing raw material (potato):
a) Indigenous technology - 32 MT/ day of potato for 90 days per annum.
b) Imported technology - 96 MT/ day of potato for 90 days
Capacity utilisation is assumed on 90 days basis as the storage facilities for these varieties are not commonly available. However, capacity utilisation can be increased if the existing cold storages are modified suitably with an additional investment of about Rs 2000/ MT.
Potato powder recovery: 17% of the raw material.
Cost of raw material (potato): Rs 2500 per MT,
Sale price of powder: Rs. 55000/ MT.
Manpower requirement:
a) Indigenous technology: Skilled and trained - 2 Nos; Unskilled - 3 Nos
b) Imported technology: Technical - 2 Nos; Skilled - 2 Nos; Semi-skilled - 3 Nos.
Power requirement:
a) Indigenous technology: 40 HP
b) Imported technology: 60 HP
Water requirement:
a) Indigenous technology: 1,50,000 litres per day.
b) Imported technology: 5,00,000 litres per day.
Contact Us for FULL Project Report and Project Implementation Consultancy
alphabeta24365@yahoo.com
Craigslist for Beginners
- Although Craigslist has been around in one form or another since 1995, there are still some who have no idea how to use Craigslist. These individuals are missing out on a wonderful opportunity to be a part of a growing and continually evolving online community. This community is an excellent resource for finding information, finding jobs, finding friends or dates, making purchases, selling items or discussing important issues. This article will provide a brief introduction to each of the major sections on Craigslist.
Community Section
The community section of Craigslist is very useful for finding a great deal of local information. This may include activities, events, activities and lost and found just to name a few. This is definitely the section to check out if you are looking for things to do or see in a particular area.
Personals Section
The Personals section is where individuals can meet platonic friends or romantic partners. This section is set up with a number of different categories making it possible for both heterosexuals and homosexuals to find potential dates. The personals section is restricted to users over 18 years of age.
Discussion Forums
The discussion forums provide a location for individuals to voice their opinions, answer questions or otherwise exchange information. This section is divided into a number of different categories to make it easier for users to find others who share their interests. Certain categories allow users to post without logging in while other sections require users to log in before posting.
Housing Section
Craigslist’s housing section offers a variety of options related to lodging. Users of this section can find apartments or homes available for rent, sublet opportunities, potential roommate situations, house or apartment swaps, real estate sales, vacation rentals and even storage, parking and office space for rent or sale.
For Sale Section
The for sale section of Craigslist is largely self explanatory. Like most sections, it is divided into a number of different categories. Each of these categories describes the types of items which are offered for sale within the category. Additionally, there is a wanted section where users may post advertisements seeking to purchase particular items. Not all of the items listed in the for sale section require a fee to be paid to receive the item. Some of these items are available for free or in barter situation.
Services Sections
In the services section, service providers may place advertisements for the types of services they offer. Advertisements should be placed in appropriate categories but if there is no appropriate category the advertisement may be placed in the generic small business section.
Jobs Section
The job section is by far the most extensive section on Craigslist. This section is broken down into a number of different categories to make it easier for users to search for potential career matches. Users may find full time as well as part time opportunities in this section as well as telecommute positions and contract positions.
Gigs Section
The gigs section is similar to the jobs section but advertisements in the gigs section are supposed to refer to one time only opportunities as opposed to ongoing work. For example advertisements for volunteer staff needed for a one day event should be placed in the gigs section while advertisements for full time staff positions should be placed in jobs.
Resumes Section
The resumes section enables job seekers to post their resumes. The key to getting noticed in this section is to use a catchy headline for the resume. The resumes are not divided into different categories making it difficult for users to search through these resumes.
Different Types of Funding
- Finance for business can be obtained through a number of different sources.
Let's review some of those channels to help you decide what's right for your business needs:
Grants
There are over 930 different EU and UK grants and loans available from over 100 issuing bodies. This is the cheapest form of finance and an important part of the funding package that companies and individuals need. We can help you find your way through this maze.
Technology
Micro Projects: 50% of eligible costs up to £20,000
Research project: For a technical and feasibility study of an innovative idea for new technology 60% of costs up to a grant of £75,000.
Development project: For development up to pre production 35% of costs up to a grant of £200,000
Developing an innovative idea: valuable for small companies and individuals at the start of a technical project: 75% of costs of hiring a mentor and consultants.
Export
To start exporting or moving into new markets grants of 50% of costs up to £20,000 each.
Training and Education
Knowledge Transfer Partnerships, Achieving Best Practice in Your Business, Investors in People
Modern Apprenticeships
New Deal for various grants.
Environment
BOC Foundation for the Environment: 25% to 50% of Project cost, typically £20,000 to £100,000
Clean up Fund: Emission reducing equipment up to 75% of cost
Community Chest Fund: Up to £25,000 for projects near active SITA sites
High Impact Fund: £150,000+ for larger projects near SITA sites
Assisted Areas
Regional assistance grants of between 10 and 35% for capital expenditure in less favoured areas of the UK.
Loans
Loans are an excellent source of finance if you have suitable security to borrow against or a reliable earnings stream. This needs to be planned and presented well to obtain funds.
Credit cards
Provides up to 56 days free credit if you play the game!
Overdraft
Banks are surprisingly supportive when presented with a well thought through plan and competent management.
Bank Loans
Lenders tend to look for a good business plan and security. Typically the loan is approved by a centralised back office function rather than the person you meet. Terms and rates depend upon the risk. Repayments can be very flexible to meet your specific needs.
Mortgages
These can include flexible repayment terms to meet your business needs. This can even be incorporated into your overdraft finance so that you have one flexible account for both personal/ business mortgages and overdraft
Small Firms Loan Guarantee Scheme
Up to two years trading: Up to £100,000
Over two years trading: Up to £250,000
However these are difficult to obtain and are a loan of last resort.
Export Guarantee Scheme
This is government backed insurance against appropriate export documentation.
Mezzanine
This is a halfway house between loan and equity. It can be an innovative way of raising funds for the more established business. Mostly for expansion capital.
Equity
This is not as easy as the papers would have you know. Only 1% of business plans received by Venture Capital Funds are successful. However, a good business proposition consisting of a strong demand for the product or service, management track record and a sound financial plan will enhance the chance of success.
Business Angels
These are high net worth individuals who are successful businessmen looking for investment opportunities. They can provide both time expertise and money. Typical investment size is £25,000 to £250,000 but can go as high as £2m for the right opportunity. Exit within 3-5 years.
Venture Capital
These are investment funds seeking high rates of return. However typically investments are over a million pounds. Some funds are targeted at lower amounts depending upon the sector and region. These funds are looking for exponential capital growth over 3-5 years.
Asset backed finance
This can cover machinery, sales invoices even sales orders. It can be a very flexible source of finance to the growing business
Leasing
This will cover your capital expenditure and spread the cost over a three to five year period. It is particularly useful if you do not have taxable profits to maximise your capital allowances.
Sale and leaseback of a property you own is another good source of funds.
Factoring
Factoring offers a sales ledger administration and debt collection service. Up to 95% of an approved sales invoice is paid within 48 hours, quicker if required. Credit protection is also available to protect against a bad debt. The Factor will own and place a first charge over the book debts and they might also take other charges, depending upon the strength of the financial information.
Invoice discounting
Invoice Discounting can be Confidential or Disclosed; it depends upon the strength of the financial information. The service is the same as Factoring, except that the sales ledger administration and the debt collection is the responsibility of the client and not the Factor. Pre payment of the approved sales invoice is still up to 95% and the factor will still have a first charge on the book debt and therefore own the debt. This service can also have credit protection cover. All sales invoices need to be for a business to business debt, and some proof of delivery is generally required.
Trade Finance
This is funding provided against stock purchases, signed contracts and orders whereby the funder will prepay a certain percentage of the value
Pension fund
It may be possible to use your pension funds for a loan back to the business
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