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LifelineDiagnostic ConsultativeSelling
LifelineDiagnostic ConsultativeSelling
LifelineDiagnostic ConsultativeSelling
SELLING
for Lifeline Diagnostics
Supplies, Inc.
May 11 & 12, 2009
6 A’S OF LEARNING
Attitude
Attendance
Active Participation
Adaptation
Application
AHA!
CONSULTATIVE SELLING
The ability to:
Prospecting
Appointment
Getting
Pre- Call
Planning
Presentation
Negotiation
CLOSE
THE SALES FUNNEL
Prospecting
Appointment
Getting
Pre- Call
Planning
Presentation
Negotiation
CLOSE
THE SALES FUNNEL
Prospecting
Appointment
Getting
Preparation
Presentation
Negotiation
CLOSE
THE SALES FUNNEL
Prospecting
Appointment
Getting
Preparation
Presentation
Negotiation
CLOSE
THE SALES FUNNEL
Prospecting
Appointment
Getting
Preparation
Presentation
Trial Close
Objection
Negotiation
CLOSE
CONSULTATIVE SELLING
The ability to:
GAP
Present
Condition
NEEDS AND
OPPORTUNITIES
NEEDS:
OPPORTUNITIES:
RESULTS needed
GAP
CAUSE X
PRESENT condition
RESULTS needed
More Quantity -
Better Quality
GAP
PRESENT condition
RESULTS needed
PRESENT condition
EXPECTED PRODUCT
- delivery schedules
- payment terms
- technical support
- spare parts
- packaging convenience
AUGMENTED PRODUCT
- special extras
- special support services
- easy to read statements/
billings
BETTER
Probability of a Sale is Nil Perceived PRESENT
condition
Your Proposal is Seen as
Negative Impact on
PRESENT Condition
RESULTS needed
ES
FEATUR
BENEFITS & NEEDS
BENEFIT NEED
What the product What the customer
can do wants done
THE BUYER BENEFITS
E CONOMY - value for money
2. Contains Minerals • Economy • Savings of P15 per tablet or P1500 per bottle
because you don’t have to buy additional
• Comfort mineral supplements
• Avoids the inconvenience of having to drink
additional capsules for iron, zinc or other
minerals
• Behaviors:
- Handle frustrations.
- Get along with others.
EMOTIONAL QUOTIENT
Be optimistic when
faced with adversity
and uncertainty.
EMOTIONAL QUOTIENT
Includes the ability to:
Be self-motivating
and self-disciplined
when attempting to
achieve a goal.
ATTITUDES THAT HINDER
PERSUASION
My product is expensive.
My product brings benefits that far outweigh the
cost.
THE PRICE MYTH
CRITICAL FACTORS IN SELECTING A
VENDOR: (percentages that contribute to the
overall satisfaction of a Buyer)
Rejection is failure.
Giving up is failure! The best salespeople get
rejected half the time.
DON’T GIVE UP
•Thomas Edison – 10,000 failures before he
invented the light bulb
•Babe Ruth – 714 home runs but 1330 strike outs
•Hank Aaron (who beat babe Ruth’s record) –
755 home runs but 1383 strike outs
______________________________
ATTITUDE TOWARDS
OTHER DEPARTMENTS
They can’t move without me.
We were hired for each other. None of us
can move without each other.
Prospecting
Appointment
Getting
Preparation
Presentation
Negotiation
CLOSE
PROSPECTING
The continuous and deliberate search for new
prospects or new needs of present customers.
?
?
?
METHODS OF PROSPECTING
P ersonal Observations
R eferred Leads
O ffice Leads
S pouse
P ublic Exhibition
E ndless Chain
C old Canvass
T hrough Your Associates
I nfluence Centers
N ames on List
G roups
WHO ARE YOUR
PROSPECTS?
A. Brand Users
B. Competitors’ Users
C. Non-users
TWO STEPS IN
PROSPECTING
• Collecting suspects
• Qualifying prospects
QUALIFYING SUSPECTS
AS PROSPECTS
A bility to Pay
W ant or Need
A uthority to Buy
R easonably Approachable
E ligible to Buy
SOURCES OF QUALIFYING
INFORMATION
• Referrals
• Newspapers
• Other salesmen
• The prospects
WHO ARE THE DECISION
MAKERS?
Purchasing
User
Man
Technical Ultimate
Man Decision Maker
DECISION MAKERS
USER
ROLE: To make judgments about impact on job
performance.
People using or supervising use of your
product or service.
Personal, since user will live with your
proposal.
Direct link between user’s success –
success of your product or service.
FOCUS: The job to be done.
ASKS: “How will it work for me?”
DECISION MAKERS
TECHNICAL MAN
ROLE: To screen out.
Judges measurable, quantifiable aspects
of your proposal.
Gatekeeper
Makes recommendations.
Can say yes
Can say no – often does.
FOCUS: Product per se.
ASKS: “Does it meet specifications?”
DECISION MAKERS
PURCHASING MAN
ROLE: To screen out
Judges the financial aspects of your
proposal
Gatekeeper
Makes recommendations
Can say yes – sometimes
Can say no-often does
Replacement of
lost Customers
The Sales Funnel
Prospecting
Appointment
Getting
1.Physical
Preparation 2. Mental
Negotiation
CLOSE
PHYSICAL APPEARANCE
a. Facial Expression
b. Hair
c. Hands/nails
d. Clothes
e. Shoes and socks/stockings
f. Equipment
SOME DRESS RULES
• If you have a choice, dress affluently. Dress as well or
better than the prospect.
• Always be clean.
Body Language
Body Language Voice
55%
55% 38%
SELF - PRESENTATION
STRONG WEAK
EYE Looks directly at Looks away,up,
CONTACT the prospect down, sidewards
• The handshake.
• Sitting down.
• Make notations
Appointment
Getting
1.Physical
Preparation 2. Mental
Negotiation
CLOSE
GATHERING THE RIGHT
INFORMATION
90% of the sales that fail after we
make a formal recommendation fail
because we didn’t gather the
right information.
Inconvenience
Cost of Effort to
Seriousness of Problem Change
Cost of Solution
Having the right information
Don’t Buy
Buy
Cost of Effort to
Low Morale Change
Low Customer
Satisfaction
Lost Customers
Cost of Solution
Lost Profit
Lost Opportunity
for Growth
Seriousness of Problem
HOW DO WE GATHER
INFORMATION?
ASK
THE
RIGHT
QUESTIONS
MENTAL PREPARATION
(Research: Gathering the right data)
Planning Table
(Creating your competitive edge.)
PREPARING FOR THE
PRESENTATION
I. What is the Prospect’s Present Condition?
COMPETITIVE
EDGE
Building your
COMPETITIVE EDGE
Translate your product’s features into benefit
statements that your customer can appreciate
Ask PROBE questions that will direct your
conversation toward your product’s strengths and
veer away from its weaknesses
Structure your PROBE questions to build a logical
sequence of thoughts that will prime your
customer’s mind for the “BUY”
Prepare your answers to any possible objections
Once your have solved his problems and shown
your competitive edge, go in for the close.
The
The Sales
Sales Funnel
Funnel
Prospecting
Appointment
Getting
Preparation
Presentation
Negotiation
CLOSE
OBJECTIVES OF THE
PRESENTATION
• be COMPLETE
• eliminate COMPETITION
• be CLEAR
PROBLEM BENEFITS
SOLUTION CLOSE
THE CREATIVE OPENING
PROBLEM BENEFITS
SOLUTION CLOSE
Planning Table
Prospecting
Appointment
Getting
Preparation
Presentation
Trial Close/
Handle Objection
Negotiation
CLOSE
Ask
for the
Order
A.S.K.
Analyze your right to close:
•Ask yourself if you have earned the right to
close:
Have you positioned yourself as a partner to
your customer?
Have you learned about your customer’s needs
and problems?
Have you made a thorough presentation, and
presented the appropriate benefits?
Have you answered and handled objections?
A.S.K.
Seize opportunities to close:
•Watch for buying clues.
• Financing
• Timing
• Payments
• References
• Demonstration
BUYING CLUES
• Installation
• Trial Run
• Training
• Pilot Program
• Administration
• Tests
BUYING CLUES
• Conversion
• Validation
• Servicing
• Spec measurements
• Credit
• Logistics
• Terms
A.S.K.
Know the techniques for closing:
•Ask the right closing question, the right way at
the right time.
Prospecting
Appointment
Getting
Preparation
Presentation
Trial Close/
Handle Objection
Negotiation
CLOSE
Handling
Objections
OBJECTION
A behavior by the prospect that appears to
oppose an affirmative buying decision.
KINDS OF OBJECTIONS
1. Price
2. Product
3. Service
4. Company
KINDS OF OBJECTIONS
5. Time
6. Competition
7. Personal
8. Lack of need
BENEFITS OF
OBJECTIONS
1. Discover the real needs of the
prospect.
• Answer briefly.
• Maintain control.
• Don’t argue.
• Boomerang
METHODS FOR
HANDLING OBJECTIONS
• Yes – But
• Boomerang
• Question
METHODS FOR
HANDLING OBJECTIONS
• Yes – But
• Boomerang
• Question
• Counter Balance
METHODS FOR
HANDLING OBJECTIONS
• Yes – But
• Boomerang
• Question
• Counter Balance
• Direct – denial
METHODS FOR
HANDLING OBJECTIONS
• Demonstration
• Trial Sale
METHODS FOR
HANDLING OBJECTIONS
• Demonstration
• Trial Sale
• Third Party
METHODS FOR
HANDLING OBJECTIONS
• Demonstration
• Trial sale
• Third party
• Create Doubt
METHODS FOR
HANDLING OBJECTIONS
• Demonstration
• Trial sale
• Third party
• Create Doubt
Prospecting
Appointment
Getting
Preparation
Presentation
Trial Close/
Negotiation
CLOSE