Marcus Cauchi

July 22, 2010

How To Win New Business Without Sounding Salesy

Here sales improvement specialist Marcus Cauchi uncovers techniques that anyone selling their products and services can use to quickly bond and build rapport with prospects so that they are more open to a sales conversation.

•    Why prospects hate salespeople
•    Why being different works
•    How to differentiate your business through the way you sell

It’s Monday morning at Shiny Widget Co and the sales team are hitting the phones.

Salesman: “Hello Mr Jones we sell shiny widgets. We are in your area on Monday at 4pm and on Wed. When can I come in a show you what I’ve got? I‘m sure we can save you money or make your life easier.”

Bob Jones: “Erm, what’s this about?”

Salesman: “Let me tell you,”

15 minutes later yarn.

Bob Jones: “Can you send me something?”

Salesman: “Sure, our online brochure is on its way.”

Next day and the salesman is following up on what he thought were hot buying signals.

Dring dring.

Bob Jones’ voicemail: “This is Bob Jones’ voice mail, please leave me a message and I will get straight back to you.”

What it is really saying: “This is Bob Jones’ voice mail jail, please leave your message after the tone and I promise I won’t get back to you. Your PDF went straight into trash and if by accident I pick up the phone I promise to give you a stream of excuses and if I’m really weak, I’ll ask you to send it again.”

Who hasn’t had that special someone keep you from your busy day, waste your valuable time, read like a robot from their script and rush towards the close promising you savings or a happier, more efficient life?

So who wants to be one of them? The clown in a suit with the bone crusher handshake, wearing his comedy tie who thinks that by telling you all his reasons for you to buy from him that his unwelcome interruption will cut through the noise of your real life; the 139 decisions you’ve still got to make that morning, your child being bullied at school and you being behind on your numbers by 47% for the quarter.

If you want to sell more, stop selling. Salespeople suffer from a disease called PPS, Premature Presentation Syndrome, where they have to tell the prospect about themselves, their company, their solutions, differences, competitiveness, return on invest, etc. In 99% of cases they do this without ever having heard the prospect specifically ask them to do so.

You sell to go to the bank. To go to the bank you have to gather information not give it. The moment you give information you’ve wet your powder and the buyer no longer needs you. You become a tick in the box and they know just which shelf to get you off. An educated prospect is no prospect at all.  Let me repeat that because it’s important, an educated prospect is no prospect at all.

The moment you start discussing your features and benefits without having the context of the personal reasons they have explicited stated that are motivating them to buy what you have now, you run the risk of dragging them into a pricing conversation. If you are selling on price, you are taking orders.

A client of mine told me that their frustration with being sold to is that they feel like it is all about the seller. They are running their agenda only, which is to reach the close and to get them to buy something. The seller rattles through their questions like it’s a checklist and their answers don’t really matter because the seller is only looking for the answers that fits their script. So my client protects themselves by giving wishy washy answers, being non-committal and non-specific.

When my client buys they want to believe and feel that the seller has their agenda, their best interests and their welfare in mind. They want the seller to take them through a process that helps them to discover their reasons for buying, the causes of their problems and to feel that they are leading them through to the hope that their problems can be fixed.

For that certainty my client would be happy to pay a premium. For the elimination of doubt that this is the right decision; for the belief that the other person’s interests can only be served by serving their interests; for leadership and a safe pair of hands, they’ll pay a premium and if they are willing to pay a premium they will take you to the bank.

Whatever business you think you are in, first and foremost you are in the going to the bank business.

Happy Selling!

July 5, 2010

What Opportunity To Improve Are You Wasting

Filed under: Cold calling,Discounting,Sales,Sales techniques — Marcus Cauchi @ 12:54 pm
Tags: , , , , , , , ,

No matter how much the world of business may change, one factor will never change: Your most valuable sources of information are your customers. They will tell you what you’re doing right, what you’re doing wrong, and what you need to change immediately to remain competitive. Customer advisory groups may be the best consultants you’ll retain. There are some guidelines you can follow to get the most out of the group.

If customers believe they’re only doing you a favour, getting them to join will be a difficult sell. Make sure potential members understand that membership provides an opportunity to improve their business as they help you redesign yours.

Select advisory group members who are perceptive, vocal and motivated to participate. “Figurehead” members selected for their fame or position, but who won’t attend group meetings or give follow-up a high priority, will be of little value. It’s up to you to demonstrate to members that you need their advice to serve them better. Unless there’s a crisis, schedule no more than two meetings per year. Gathering more often will be seen as a chore and an unreasonable imposition.

Membership in your customer advisory group should be an honour and a privilege. You want members to feel good about service. Treat them to the best transportation, parking, refreshments, meals and meeting space. Have the CEO give them their charge and put in an appearance now and then at meetings. Write up their recommendations in prestigious company publications, and thank them publicly.

The ideas that you get from your customer advisory group will enable you to advance the fortunes of your business. Implement the ideas that will work, and tell participants why you might choose not to implement others. If you ignore their suggestions or drag your feet in applying them, you may never again have customers who are willing to serve on the advisory group.

(c) Sandler Systems Inc, 2006

Happy selling!

Regards

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