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Sales Tips for Commercial Salespeople and Sales Managers – How to Influence Prospects and Earn Sales by asking Effective Questions
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| Guest post by: Michael Schell |
Article Overview: One of the top ways you can influence potential customers to buy from you is to master the art of developing and asking effective questions. Your questions should uncover relevant business issues and help the prospect determine if there are any costly problems worth solving.
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Sales Tips for Commercial Salespeople and Sales Managers – How to Influence Prospects and Earn Sales by asking Effective Questions
Let’s examine one of the top ways you can influence
potential customers to buy from you (assuming there is a legitimate fit).
Don’t go to a first-time sales meeting to make a
presentation. Instead, prepare for your meeting by developing effective questions
based on research you’ve done on your prospects industry, company, current
situation etc. Your questions should
uncover relevant business issues and help the prospect determine if there are
any costly problems worth solving.
To start, you need facts, many of which can be
researched in advance. (Never ask decision-makers
questions you can answer on your own time). This level of preparedness
demonstrates your respect for the buyer’s time and plays a big role in earning
their business.
Scenario
Let’s say you’re selling multifunction printers and
digital copiers etc. You made a cold call and set an appointment with the VP of
finance. You then ask the VP if you could speak to the office manager to better
prepare for the meeting. The VP gave you the manager’s name and you ask typical
fact-based questions about how many copiers they have, brands, model numbers
etc.
A week later at the meeting with the VP you ask,
“What’s your single biggest challenge when it comes to controlling costs associated
with your copiers, faxes, printers and scanners?”
The VP leans back and thinks a moment before
replying, but his reply is lengthy and noteworthy...so you take notes. (You
will refer to these notes later when you type the meeting summary to email to
the VP).
The VP said the copier on the 2nd floor
broke down frequently and print quality was inconsistent. As a result, some 2nd
floor staff frequently took the elevator to the 4th floor copy room.
To determine if there were any costly consequences to this issue, you ask, “When
you add it all up, how much time is wasted travelling between floors?” and, “What
other problems might be caused by staff traveling between floors?” Later in the
call you ask, “Other than copy quality, if you installed a state of the art
copier, what do you think the biggest benefit would be overall?”
The VP estimated it cost $300.00 a month to have staff
traveling between floors, and mentioned some employees complained vocally about
the copier. The VP explained the lease for the copier hadn’t expired; hence there
was no budget for a new one.
Outcome
Your role is to help the prospect identify if the cost of the problem is greater than the
cost of the solution. The cost of a problem can include soft costs
which can be hard to measure. I.e., low employee morale leading to reduced
productivity and employee turnover etc. It’s a good idea to ask the decision
maker to try and assign an estimated dollar value to soft costs.
In
our scenario, a replacement copier leases for $500.00 per month, and the VP
estimated it costs $300.00 month to have staff traveling between floors. But
your questions illuminated the negative effect the old copier had on employee
morale and productivity, and although the VP was unable to assign a dollar
value to these soft costs, he was painfully aware that the cost of the problem
was greater than the cost of the solution. Focusing on the big picture, he found
a way around the budget and went ahead with the upgrade.
As Ben Feldman, the world’s top life insurance
salesperson said, "Doing something costs something. Doing nothing costs
something. And, quite often, doing nothing costs a whole lot more!"
Ben
also said, "The key to a sale is an interview, and the key to an
interview is a disturbing question."
Enough
said.
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About the Author: Michael Schell RSS for Michael's articles - Visit Michael's website Click here to visit Michael's website 3 Winning Sales Approaches How to Annoy Decision Makers |
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