THE PSYCHOLOGY OF SELLING
The key to higher sales is developing a presentation that taps into your prospect's psychological needs. Each phase of the sales process satisfies a need that moves your customer closer to the sale.
In a telemarketing presentation, tapping into your prospect's psychological needs allows you to overcome the disadvantages of not having visuals or face to face contact. Several keys to unleashing your sales power are hidden in the attention, interest, proof and closing steps of a sales call.
• Curiosity.
Human nature makes people curious; therefore, you can instantly capture the prospects attention by designing your opening to target the need for information.
One way this is accomplished is with the use of a benefits hook. A benefits hook asks the prospect if they would want a particular need solved. It is asked as a rhetorical question and obviously your product can help solve the problem.
For example: If there was a way you could help protect the environment for your children would that be important to you? If you could increase repeat business by 38% how important would that be? In each case the prospect knows this is a sales call but the benefit is significant. The prospect is intrigued. Curiosity makes them want to learn more. It is essential that the prospect gets hooked on a possible benefit immediately from the start. Getting the prospect curious about a benefit prior to discussing your product is crucial to sales success.
• Use RADAR to increase sales.
A technique I call R.A.D.A.R. satisfies many of the prospects emotional needs during the interest step.
The R stands for rapport. People are much more likely to buy from someone they like. Most prospects want to be helpful, polite and friendly. It feels good. We can create that mood by showing interest in the client as a person by simply asking questions about them as an individual. Questions such as: how did you get into the advertising business or what made you go into business for yourself will get the prospect to open up and they will be less defensive.
The A.D. stands for Asking about Difficulties. People are programmed to avoid pain. The greater the pain the faster they will move to avoid it.
What is your biggest difficulty with discount long distance calling plans? Or what is your major concern when selecting an insurance carrier? Are questions that get the prospect to notice a difficulty (pain) that they should consider changing. Difficulty question also guides us on how to direct our presentation to what is relevant to the specific prospect.
The second A stands for affirmation questions. One of our greatest desires is to be heard. People love to be listened to and understood. By asking "If I understood you correctly, what you said is ____________, isn't it?" This little question will thrill the client because it shows that you were listening to them. This is an experience we all enjoy and unfortunately many prospects do not experience often enough. You benefit by showing the prospect that you are different than other people and also confirm that you are focusing on the right issue.
Results: Another essential psychological need is to feel in control of our lives.
People are driven to action when they feel those actions create result s that will move their lives forward. Ask your clients what benefits they want to experience by eliminating their problem. Try to learn how that will specifically improve their life. When you know their key motivation you can easily show the prospect how they can take control of their life and improve it. The emphasis shifts to their buying rather than you selling.
R.A.D.A.R. taps into many of our prospect is psychological motivations. To reap the greatest benefits be sure to use open ended questions where the client typically gives you an explanation instead of just a yes or no response.
Psychology selling skills require you to know your prospect therefore we have spent the first part of the sales process learning about the individual rather than focusing on a product. It is not until completing RADAR that we start discussing our product. In the proving value phase of the sales process top producers focus on selling benefits not facts.
• Satisfy the ego.
People need to be smart and they love to be right. When we prove our product's value the client has many opportunities to be smart and right. For instance, you can have them work out the savings benefits from using your product. You can get the prospect to point out how your product's features solve their problems and concerns. When you allow them to see the benefits that come from your products features you move toward the sale. When you have the prospect state it as their idea you move very close to getting the sale.
Many reps frequently get sales like this without even realizing it. When the client stops the presentation and says I'll take it before you even ask a closing question the rep has brought the prospect to this state.
• Buying is the prospect's idea.
Another key to psychology selling is to let the prospect feel they are buying rather than being sold. In the closing phase of a presentation a client should never feel forced to buy. Prospects hate to be pushed and will resist if they feel you are selling for your benefit. When you move them through the sales process and tap into each of the techniques discussed the prospect will decide to buy because they see it benefits them. They are excited and feel good about this.
By focusing on developing rapport, uncovering the prospects pain and solving it with adequate benefits you will have ample opportunity to steer the prospect to a buying decision.
By using the techniques outlined here the prospect will feel confident in their purchase. They will not feel sold or coerced when you meet the prospect's psychological needs. The sale will be solid, your customers more loyal, and very likely to share referrals and recommendations.
Consistently high producers in telemarketing do more than focus on what they say to their prospect. The top achievers also take a close look at themselves and their sales habits.
• Set goals.
It is not enough to want higher sales. You must have a specific $ or unit amount in mind for a given time period that stretches you to do your best work while remaining realistic.
When you put your goal in writing your mind begins to turn your intangible dreams into reality. The mind needs specific direction. All professionals know where they are going. Give your brain a detailed goal and the worlds most powerful computer will automatically guide you to top performance.
• Reap rewards.
Sell benefits to yourself as well as your prospect. As you set goals and achieve positive results be aware of how your growth benefits you and your family. Be specific. Will you win an incentive trip for your family, get a bonus that allows you to go to your favorite restaurant or will extra commissions allow you to afford a new car?
When your mind sees the benefits that come from your extra efforts your skills will rise to the level necessary to bring those benefits into your life.
• Enthusiasm and Smiles.
Enthusiasm is contagious. If you are enthusiastic about your product you will be more successful. This is crucial in telemarketing. Your voice is your greatest asset in conveying the attributes of your product or service.
If you are excited, your prospect will sense that there is something good here. It is your enthusiasm that brings a script to life.
Smiling is one of the most natural ways to bring your enthusiasm to the surface. When we smile we are friendlier, more energetic and enthusiastic. Even when you don't feel like smiling, do it. Your mind will automatically be triggered into a happier state of being.
• Script and Pad.
Even the simplest of presentations should be written out.
A script allows you to select the most appropriate wording to move your prospect through the sales process and to use that wording on each and every call.
Even more importantly having a script in front of you allows you to put your energy into listening to the prospect rather than thinking about what to say next. When you uncover an important need, problem, or interest of the prospect's jot it down. Writing it down assures that you will remember the point, work it into your presentation and leaves your mind clear to listen for more vital information.
• Call Averaging.
Call reluctance is a problem that plagues even the heartiest of telemarketers. Put the emphasis on average $/ call instead of the calls that result in a sale. That way every dial becomes profitable for the rep including hang ups and not ins.
For example: if a rep makes a $100 sale every 20 calls it could be viewed as 19 no sales and one sale or 20 $5 sales. When telemarketers see every dial as a sale, they make more calls. This approach offers several benefits. First of all it takes the pressure off each call. It helps eliminates "cherry picking prospects" and procrastinating on the non hot leads. Lastly, it allows a telemarketing representative to know exactly how many calls they must handle each day to reach their financial goals.
As a telemarketer takes stock in their selling skills and develops the habit of designing their presentations to satisfy the prospect's psychological needs, they will create strong client relationships while increasing sales.
Sales success can be further enhanced as each sales representative reviews their own motivations and habits. When the selling process meets the needs of all parties involved telemarketing representatives develop into true professionals.
If you need a quick reference chart:
Unleashing Your Sales Power
How many of these Psychology Selling tools do you use on a daily basis?
• Create Curiosity
• Build Rapport
• Ask About Difficulties
• Affirm Understanding Of Needs
• Focus Of Results
• Satisfy Prospect Ego
• Let The Prospect Buy
• Set Goals
• Reward Yourself
• Smile
THE PSYCHOLOGY OF SELLING - To learn more about this author, visit Mark Anthony's Website.
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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig'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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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 PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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