By Thomas Klem Andersen, December 4th 2015
Explain why it matters
Explain why it matters
It’s often a challenge to
explain what we do and why it matters to people. When it comes to our selves we
tend to focus on function/role and when it comes to our products we tend to
focus on features and we forget to explain why those are super interesting.
Variations on this refrain is “I’m an accountant…” or “This computer has 1,2
GHz…”. Boring right? What you are really selling is the value that this role or
these features provides. They will let you do something cheaper, faster,
smarter, different, less, etc.
The product itself is not
interesting to people. More often than not, they will be too busy or too
absorbed in habitual ways of doing things to bother listen to you.
Your target customer doesn’t
care if your fancy plate is round or square as long as it is full!
You need to convince your potential
customer that the ground is burning underneath her feet and that you can provide
a preferred alternative!
Help
your customer to succeed
You don’t want to let your
selling proces be driven by hunger or neediness. You don’t want it to to be
driven by manipulation either, which might happen if your main focus is you and
how you’ll meet your sales KPI´s. Rather your selling process should be driven
by your ambition to help your customers to success. If that is your outset your
sales meetings will be about the customer, the customer’s needs and whether
your solution might be the right one to help your customer meet them. Your
meetings will be much more calm and honest. You’ll earn more and feel better at
the same time.
Your primary initial objective
will be to ask your customer to help you help them by clarifying their needs.
Spend
your time well and involve the right people
Let’s get into the nitty gritty
of the actual sales process. So you have the customer meeting scheduled… It’s
important that you stay in control of the process. This is the trick to close
the deal.
In order to do this you should
divide the customer meeting in two. On the first meeting you talk to the
stakeholder who owns a particular problem and on the second meeting you present
your solution to the problem owner AND the decision maker!
On the first meeting you go
through two phases:
1. The gentleman’s phase
Like a true gentleman you
honsetly present yourself but without neglecting your merits. This is when you establish
trust and earn your position as potential partner. You make it clear to your
customer that you are here to help them:
”My ambition today is in colaboration with you to
assess what the right solution is for your company. To this aim I’d like to begin
with asking a few questions. Is that alright with you?”
1.1 The opportunity phase
The questions you ask you can
structure in accordance with the CORE model:
- Context: Get the big picture and start a dialogue about relevant problem areas.
- Obstructions: Explore potential problems and evaluate whether the problems that you can provide solutions for are present. What are the related costs?
- Results: Determine the specific consequences of the identified problems.
- Expressed Needs: Let the customer confirm that it would be valuable to solve the problem.
Nice and slowly you build a
business case and get your customer to describe a problem for which you can
offer a valuable solution.
Your success criteria is to
schedule a second meeting where the key decision makers can participate. This
second meeting is crucial, because a written proposal or a telephone
conversation can easily give rise to misunderstandings and jeopardize the
communication at a critical stage.
”I won’t send
you a written proposal, but I will prepare a presentation for you and others
who will have to take part in this decision. It’s
an important decision and we need to make sure that it make the right one.”
The mindset you’ll need to
have in order to secure this second meeting is that you are both equally important
partners in a negotiation and therefore you need to frame it accordingly. They
need to comit as do you. Your time is
equally valuable.
”At this point we also need something from you… We
need a ”go” from your boss or whoever will have to make the final decision,
that your company is interested in seeing a solution proposal for this
particular problem.”
If it is not possible to have
the decision maker at this second meeting you need to seriously consider if you
want to buy this lottery ticket by sending a proposal or spend your time
somewhere else. This of course depends on how many interesting leads you have.
”What is holding you back from saying yes to this? …so
if we can fix this such and such will you arrange the meeting or buy the solution?”
Respect
the three essential principles of selling
Thoughout this entire process,
in order to to sell well, you need to keep an eye on three essential
principples for selling. These are the fire triangle of selling:
With all this in mind, you
should consider inverting the traditional sales process. Traditionally you
spend the most time presenting your product and closing the deal. With the
explorative mindset described above in which the ambition is to help your
customer to success you’ll have to divide your time like this and in the
following order: Introducing (40%), exploring (30%), presenting (20%), closing
(10%).
Now go help your costumers be successful!
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