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5 Really Important Sales Concepts - Today's Lesson - Be Unique

Posted by Tony Cole on Mon, Apr 20, 2009
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In our sales training classes, we spend a great deal of time on the appropriate "attitude" required to be successful in selling. With the right attitude, you can count on consistently executing the required conduct and sales techniques to be successful.  I once heard another sales development expert explain that "sales technique is just a change in language.  You already have a sales language; it just may not be as effective as it could be."  (If you want additional information on "attitude", you can find more posts in our blogs.) 

Today, and for the next 4 days, I am going to focus on 5 really important sales concepts.  You can also call them "techniques" but sometimes problems occur when someone tries to duplicate the exact technique that a trainer uses.  For example, if your facilitator is from the northeast part of a country where the communication style is a little more direct, faster paced and some would describe as "aggressive", but you are a mid-westerner, then you may find yourself failing to bond well with prospects, not because of what you have said, but more because of how you said it.  So, for that reason, we'll focus on the concepts and let you develop your technique. However, with that in mind, don't let your "record collection" or "need for approval" get in the way of executing the concepts. (There I go again- back to attitude)

Today's lesson:  Be unique.

You have your elevator speech, your 15-second commercial, your value proposition, your positioning statement, etc.  It doesn't matter what you call it.  The concept is this:  Have a concise way to describe to someone what you do when you first meet him or her.  Here's the problem.  Everyone in selling has been taught the elevator speech, the 15 second commercial, the value proposition and the positioning statement, etc.  You know it's supposed to describe what you do: 

"I help companies like yours manage their insurance risk." 

"I sell customized clothing to busy executives."

"I own a CPA and tax consulting practice specializing in the needs of companies that generate between 5 and 10 million dollars in revenue".

Sound familiar?  That's the problem.  There is nothing unique about the approach from any one of these statements. Here's the rule about the concept:

What you say should cause the person with whom you are talking to respond either verbally or mentally in one of three ways.  You have to give the prospect a compelling reason to keep listening. When you deliver whatever it is, they should respond with either:

  1. "That's me".
  2. "How do you do that?"
  3. "Tell me more."

Examples:

Insurance:  "I provide people buckets of money in the right amount, at the right cost and at the right time." (How do you do that?)

Banking:  "My clients are companies that discovered that working with a bank should be more than just a place to get money or leave money." (Tell me more.)

Accounting:  "I'm in the business of helping small businesses that are sick and tired of sending the government more money and keeping less." (That's me!)

The idea is to think about what people or companies have chosen to do business with you or your company or why they buy the product and service that they have bought from you. What problem was it that they wanted to go away or solve?  Or what benefit were they looking for that they weren't getting?  Take that information and create your "unique sales approach" (usa).

The technique:  Before you deliver your "usa", you may want to start by telling the person that you are talking to that it is easier to describe what you do by asking a couple of questions. "In a nut shell, what I do is...(deliver your usa)" and close by asking, "May I ask you a question?"

By the way, I work with presidents and CEOs that have at least 10 sales people, generate more than 10 million dollars a year in revenue and want more consistent and predictable sales revenue growth.  If you know anyone that might say, "that's me", send them my way.

Thanks in advance.

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Prospecting in a tough market - it's nothing new

Posted by Tony Cole on Thu, Jan 08, 2009
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As is stated in the 'good' book', 'there is nothing new under the sun', and that includes prospecting.  I was cruising through some of the blogs I monitor and came across this article: OK, Salespeople Can't Find Enough Prospects. Now What?, and I'm thinking, wow everyone must have this problem.  I know our sales people are telling me that they do. Our clients are telling me that they have a problem finding new prospects and sales are down.  But then I got to thinking:  Finding prospects now that is a problem. Problem is is that it has always been a problem. No let me take that back. It has always been a challenge.

Let me reference Jack Horan. I don't know if Jack is still alive. But I did meet him in 1989 at a dinner honoring him and his service to the insurance industry here in Cincinnati. He had been in the local association. I found myself alone with him and so I asked, "Jack, what is the biggest challenge you face today after 30 years in the business?" his reply - finding prospects.

This is new, the challenges associated with finding prospects a result of our economic times, that's new but prospecting problems aren't new.

Here is a question for you. How many of your clients have 100% of the market? None right? OK so let's just make sure that we teach our charges to go get the ones that are being sold and serviced by our competitors.  If you only have 3% of market share and there are 10,000 suspects in the market well then not having prospects isn't a matter of people not buying your product or service.  The problem is is that they aren't buying it from you and there you sit at your desk waiting for the phone to ring and blaming the tough economy. So what, people don't want to talk to you.  This economy isn't about people wanting to talk or not talk it's about people and companies wanting the best solutions for: 

Regardless of the product or service you buy chances are there is somethign you can do for people that will help them solve one of those problems. Just for fun visit Guy Kawasaki'sblog and check out the post with all the pictures of stores with 'sales signs'.  What does the bottome picture tell you?

All you need to do is to call people and tell them you are looking to help people that want to make more money, keep more of what they have or get access to more money. Once you tell them that ask them if they are one of those people.  If they say yes, good, go to the next step in your prospect process.  If they say, no, good, thank them for their time and make the next call. Whatever you do don't let this great economy of our get in the way of you selling

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