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The Selling Advantage
The Selling Advantage
page 2
The Selling Advantage (ISSN 10469036) issue date 4/14/10 is published semi-monthly (24 times a year) by Progressive Business Publications, 370 Technology Drive, Malvern, PA 19355. Subscription rate $94.56 per year.
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■ “ TALE OF THE SALE ” – a real-life selling experience
Finding the customer’s ‘pain point’ stole the Use your voice to
business away from entrenched competitor close more sales
How salespeople use their
voices may spell the difference
W alter Dugan had a prime
prospect right in the middle
of his territory. Except for a few
to be the determining factor.
I could meet the price of my
between success and failure.
Here are six categories of vocal
competitor, but there was no way I problems that may spell disaster for
“emergency” orders, he couldn’t cut could lower it and retain our a salesperson:
into the business of a major competitor quality standards.
located thousands of miles away. But ■ Mumblers. If prospects often
he finally found the right “pain point” So I decided to take another
ask you to repeat yourself, you
and opened up a huge account. approach. might be a mumbler. Generally,
mumblers are insecure and need
Research gives the edge to gain confidence.
My company was located
My customer agreed to let me Standing before a mirror and
minutes from my prospect’s front saying over and over, “I will no
door. But, except for a few talk to his manufacturing manager longer mumble because what I
emergency orders, it didn’t seem before I submitted a proposal. have to say is worth hearing,”
to do me much good. This senior manager didn’t tell may be an effective cure.
It had nothing to do with quality me anything that hit a “pain point”
■ Slow talkers. If customers look
or price. We were very competitive until the very end of our meeting. bored when you talk, you may
with the company that had the I asked him what he saw as his be speaking too slowly. Slow
business locked up. major problem in getting the new talkers may be too contemplative.
product to market. Time yourself by reading aloud.
The wrong mindset If you use fewer than 120 words
His major concern was his a minute, try to increase your
My customer was big on loyalty. inability to predict how the market speed.
He told me frequently how much would respond. He could keep up
his major supplier had helped him with standard orders, but if the ■ Fast talkers. Speaking too
over the years. new line really took off, he might quickly can also be a turnoff –
not be able to meet demand. especially if it’s caused by the
I tried to convince him I could fear that people won’t listen if
offer the same, but that didn’t get He couldn’t tie up money and you slow down.
me anywhere. storage space in excess inventory If you use more than 160 words
His attitude didn’t stop me from that might not be used. a minute, try to slow down.
calling on him every week, hoping
for a breakthrough. A tangible reward ■ Screechers. These are people
with loud, piercing voices. If you
I saw my opening when I read I went right to the purchasing find yourself guilty of this
that his company was introducing agent and told him about the problem, learn to calm down.
a new product line. inventory concerns.
I brought it up to him during ■ Weak voices. People with this
I could tell from his reaction problem usually don’t breathe
my next call, and he agreed to let that he really hadn’t considered deeply enough.
me quote on the new line. the ordering problems associated Try using your abdominal
He was probably doing it just so with new products. muscles to breathe. Aerobic
he could show his boss that he was Delivery, storage and exercise may help.
getting competitive prices. commitment were the areas where
But I saw it as a real opportunity, no one could compete with me ■ Interruptors. Salespeople who
interrupt or cut off prospects’
and dug right in. because of our proximity – and sentences are waiting for their
I went over the specs carefully that’s what swayed them to sign turn to speak rather than listening.
and I knew that price wasn’t going with me. You can eliminate this habit by
The new line did take off, and refusing to say anything until it’s
Each issue another Tale of the Sale (a real-life selling he’s now one of my major customers. clear that the prospect is finished.
experience) is recounted by a salesperson with an
outstanding sales record. This Tale of the Sale has
Every customer has a “pain point.” Adapted from The 12 Clichés of Selling
been provided by Walter Dugan, a salesperson for You just need the persistence to (AMACOM, NY, NY) by Barry Farber. Mr.
Daniels & Bell, Santa Fe, NM. find it. Farber is an author and sales consultant.
page 3
Printed on recycled paper.
Selling value when competitors beat you on price ■ Over 90%
of our sales
Maintaining the edge that wins more sales
and sales
management
B uyers believe 35% of the value they
receive in any business transaction
is a direct result of the salesperson
effective job of following up after the sale.
In many cases, that causes buyers to
readership
report in our
consider other options when it comes time surveys that
who worked with them, according to a to make another buying decision.
recent survey. The Selling
That means the more competitive the Successful salespeople maintain Advantage
products or services in any given market, consistent contact with buyers by
scheduling follow-up calls using either a with its
the bigger the impact a salesperson can
PC calendar or desktop calendar. quick-read
have in getting a prospect to agree to
do business. format is
That way, they can simply check the more valuable
In cases where competitors clearly offer date and see which buyers are due for a
callback that week (or, if possible, have
to them than
a lower price, here are some ways top
salespeople still maintain the edge in their PC provide an automatic reminder any other
order to win more sales: when it’s time to contact them). publication
they read.
Another strategy that works when
■ Become an industry insider salespeople are constantly on the go:
Many of today’s prospects expect starting an e-mail buddy list that includes
salespeople to act as consultants, all their existing buyers. Comments from
providing not only a product or service,
but also solutions to some of their Once a week or so, salespeople can our subscribers:
biggest problems. forward some pertinent product or
industry information, providing a he Selling
Proactive salespeople position themselves
to provide better solutions by becoming
reminder at the foot of the e-mail for
buyers to contact them with any questions
“T Advantage
industry insiders – subscribing to trade or concerns. provides great sales
meeting topics. And the
It’s one more way for salespeople to
One way effective salespeople ensure they’re always on the buyer’s radar, articles are always
negotiate win-win outcomes is by and it increases the chances that the relevant to our current
offering prospects more value in buyer will call them first when it’s time to
return for something else. situation.”
consider another buying decision.
Jeff Calvin
■ Add value, not cost Manager
publications, joining professional
organizations, and attending seminars and It’s natural for prospects to try to Patio Enclosures, Inc.
conferences whenever possible. negotiate the best terms possible for their (Manufacturer)
Doing so not only keeps salespeople on company’s investment.
the cutting edge of new trends, it gets One way effective salespeople negotiate he articles seem
them in tune with what buyers’ biggest
concerns are, and what some of the most
win-win outcomes is by offering prospects
more value in return for something else,
“T so ‘real life’ –
successful companies are doing to whether it’s a bigger purchase or a longer about things happening
overcome those problems. service contract. to sales reps right now.
■ Provide better service after the sale This way, instead of adding costs, the Stories and ideas on
salesperson is providing additional value closing have really
The biggest complaint that buyers have (and getting something in return).
about salespeople is that they don’t do an helped us.”
The important part is that the prospect
views the salesperson as someone who’s Jackie O’Hara
Adapted from Value Added Selling by Tom Reilly (McGraw
Hill). Mr. Reilly is the Founder and President of Tom Reilly interested in serving his or her needs. Exec. Dir. S&M
Training, located in Chesterfield, MO. He is a national
That goes a long way toward building AccuPay Payroll
consultant, trainer and speaker. For more info visit:
www.tomreillytraining.com trust and buyer loyalty. (Payroll services)