Ultimate Selling Power
(23901)
Simply put, the highest paid salespeople apply the key principles, strategies and techniques of selling better than the average salesperson. They also cultivate a mindset of success that underpins everything they do. And, importantly, sales millionaires understand how to maintain that optimum attitude, even in the face of some extraordinary problems.
What the World’s Most Successful Salespeople Do Differently From Average Salespeople
1. Develop the mindset of sales success
2. Deal with objections productively
3. Prepare good scripts which build momentum
4. Put in place systems which consistently generate leads
5. Develop and project a strong USP (unique sales proposition)
6. Make good use of pre-sale warm-up opportunities
7. Let the media help sell your products and services
8. Harness the power of seminar selling opportunities
9. Learn how deal effectively with challenging people
10. Capitalize on CRM (customer relationship marketing)
11. Take advantage of the right sales coach
Sales Millionaires Should Master 11 Basics Well
1 Develop the mindset of sales success
The high achievers or superstars of the sales profession– who commonly generate more than $1 million in sales commissions year in and year our–have a unique mindset. They literally see the world differently, especially the benefits their products or services have to offer. They motivate others to take action on the strength of their own personal convictions.
To develop a similar mindset:
Be proud of being a salesperson: and let people know you are.
2 Deal with objections productively
All prospective customers have concerns and objections. That’s unremarkable. Great salespeople prepare intelligently to handle those objections in two ways:
The words you use when face to face with a prospective customer are important. If you use the right words, you’ll persuade them to move forward with the purchase. With this in mind, highly productive salespeople leave nothing to chance. They develop written scripts so they can practice people’s objections persuasively.
To start building your own sales scripts:
3 Prepare good scripts that build momentum
Once you start developing a script book for handling objections, you should next start gathering a collection of words, metaphors, examples and explanations that can be used in your presentations. This is your sales script book, and it can literally earn you millions of dollars in extra income. The catch is that nobody else can develop one for your. Every sales superstar has to develop their own sales script book.
To refine and enhance your basic sales scripts:
1. “I can take a guess at what you are probably thinking about now. You are probably concerned that…”
2. “I can take a guess at what you are probably thinking about now. You are probably concerned that…”
3. “Right a about now, you’re most likely thinking you’ll need more time to consider your options. That’s natural. However, there are some things you should know…”
By raising these questions before the prospect brings them up themselves, you show empathy for them and trustworthiness. It also demonstrates your self-confidence in your product or service. Doing this also establishes your professionalism and thoroughness. Bringing out common objections yourself allows you to lay the groundwork for answering those objections in an advantageous manner, meaning the prospect will have less reason to need more time to make a decision.
4 Put in place systems that will consistently generate leads
Highly successful salespeople work from leads and referrals. These are the lifeblood of sales success. In practice, salespeople who achieve great success generate more leads than the average salesperson does. Plus, they have good systems in place for using those leads.
With that in mind, some places to look for leads and referrals are:
Most highly successful salespeople are looking for referrals in everything they do. They turn this into an art form and their main area of specialization, rather than a random activity that is carried out whenever they think of it. They also have a system for capturing and recording information about each prospect that will enhance their chances of success.
While generating leads and referrals is important, what you do with the leads once you have them is of equal significance. Unless you have a good system in follow through on leads in a timely manner, it won’t really matter how effective you are at generating them in the first place. A thorough follow-up system is essential.
Some ideas on following up on leads are:
Whenever you meet someone and get their business card, rank them as a potential client: with “1″ meaning they are long shots and “10″ meaning they are ready to go. Write this ranking on the back of the card, along with any additional information. Then start with the 10s and work through the list.
5 Develop a strong USP (Unique Sales Proposition)
You USP should answer the question of why anyone would want to buy anything from you. It should specify the one way in which you distinguish yourself from everyone else in your field of business. It is the foundation for why people should do more business with you in the future.
A Good USP:
Once you develop your USP, you can then use it to come up with an effective “elevator speech”–a brief talk you can share with anyone, which is about the length of the average elevator ride.
6 Make good use of pre-sale warm-up opportunities
Sales millionaires never leave things to chance. They plan their sales presentations before they get to the client’s office. That way, they avoid inadvertently doing anything that will affect the likelihood of a sale.
What can and should be done before the sales presentation?
7 Let the media help sell your products and services
Sales millionaires work smart, using PR to generate a profile for themselves. The real key in harnessing the power of the media is to position yourself as the expert in your field. Do that successfully and prospective customers will be anxious to meet with you rather than having to be begged to give you some time. A media profile also has a cascade effect. Once you get some articles published in trade magazines, it becomes easier to get published in the major daily newspapers or get invited to appear on national television shows.
To get started on using the power of the media:
8 Harness the power of seminar selling opportunities
With just as much time and effort as it taker you to sell one person, you could actually be selling a large number of people in a seminar. The key is not just to focus on getting in front of as many people as possible but to make a first-rate presentation. Seminars are booming at present, but this isn’t an area where you are likely to be met with instant success if you don’t do it right. To succeed at generating sales this way, you need to put some good basics in place first.
As usual, your own mind-set will have a significant impact on how effective seminar selling ends up becoming for you. If you convince yourself that seminar selling can be highly cost effective, you’ll find ways to put everything together. And conversely, if you assign seminar selling to the “too hard” or “too expensive” categories, its highly unlikely that you’ll be able to find ways of making it work.
Many salespeople have convinced themselves that seminars don’t work for their specific industry. This is great, because it enhances the effectiveness of your seminars by reducing the competition. People like attending seminars where they can learn new things. The opportunity to associate with others, combined with the chance to hear someone interesting, can produce an incredible sales opportunity for you. A number of salespeople have built multi-million-dollar businesses offering public seminars on topics like stock picking, investment strategies and tax reduction.
9 Learn how to deal effectively with challenging people
Sales millionaires are very good at dealing with customers who are different or even difficult. They respect the individual preferences people have and find a way to make the deal come together in spite of those differences.
Specifically, sales millionaires deal well with:
10 Capitalize on CRM (Customer Relationship Marketing)
In essence, CRM uses information technology to better manage sales force management, marketing automation and customer service. With a CRM system in place, whoever deals with a customer will have accurate and up-to-data information available about that customer’s actual needs and prior purchase history. That way, each time the customer comes into contact with your firm, they are treated appropriately rather than always having to start from scratch.
The benefits of an integrated CRM system that includes information about sales, products, service, order status and more are overwhelming:
11 Take advantage of the right sales coach
In the minds of most salespeople, sales coaching is little more than a grizzled veteran sharing his or her wisdom with the new kid on the block. However, sales millionaires take a different approach:
The advantage of using a sales coach is coaching helps change behavior. Coaches can hear and see what you’re doing and provide immediate corrective feedback. In addition, many sales trainers don’t publish their most effective sales techniques in their articles or books. By personally working with the coach, you may have access to the highly specialized or proprietary techniques and sales strategies they have.
To decide whether or not working with a sales coach is for you, find the answers to a few simple questions:
Many sales millionaires have made good use of sales coaches. Paradoxically, the more successful the salesperson, the more likely they are to seek out the services of an even better sales coach. To achieve comparable success, it makes good sense to emulate this behavior and find a good sales coach who will boost your career.
Selling at a Glance
(23900)
What separates sales superstars from average salespeople is not merely high sales figures and commissions, but also the development of a successful sales attitude, which includes pride in one’s profession and a sense of mission. By starting with right attitude and then undergoing professional training and preparation, becoming a sales superstar is an attainable goal.
After developing the right attitude, the sales superstar must make choices about professional training and preparation. Fundamental skills include assessing what decision-making category customers belong to, as well as what strategies to use in handling each category. Only when armed with these skills can deals be closed and sales targets achieved.
After learning how to assess a prospect, next on the agenda is honing one’s presentation skills. Whether in meetings or seminars, sales personnel must rely on their speaking skills to convince customers to buy. Presentation isn’t necessarily a laborious task—with the right approach, mutual trust can be established with a minimum of time and effort. And becoming a good storyteller will make you a better presenter. When face to face with a customer, what better way to attract their interest than by telling a good story. Stories are the best bridge between salespeople and customers.
With the right attitude, well-honed skills and quality products, even mediocre sales personnel can greatly improve their ability.
Sell Your Ideas or WOO (Win Others Over)
March 10, 2008 by admin
Filed under Persuasion, Sales
(27105)
1. What is the five-minute summary of my idea?
Before you go into any meeting where your idea will be discussed, pause and review and review the PCAN model:
Then decide on an image or metaphor you can use that will convey your idea and position it favorably.
2. What role does the person I am meeting with potentially play in the decision-making process?
Before any meeting, pause and consider how meeting fits in the stepping stone sequence. Consider how this meeting will help you advance your idea.
3. What is my goal for this encounter?
Decide whether you want to :
Write down your goal, refer to it during your meeting and then evaluate whether you achieved that.
4. Why will this person find me credible?
Decide in advance what relationships, credentials, past achievements or competencies you want to mention. Figure out what you need to provide in order for you to come across as solid and credible.
5. What specific persuasion channels will this person most likely be tuned to?
Be prepared to adjust your pitch so it can come across on his or her wavelength.
1. What’s in it for them.
2. How it will play to a larger audience.
3. How this idea will strengthen relationships.
4. How your idea will harness and respect authority.
6. What persuasion style will be most appropriate?
Is this person a Driver, Commander, Advocate, Chess Player or Promoter? Decide whether you need to turn the volume up or down to appeal, and whether you need to orient everything towards their own priorities or those of a larger group.
7. Is it likely my idea will conflict with any of this person’s beliefs?
If they are likely to be skeptical, consider in advance how you can address their concerns. If there are obvious conflicts, try to think of ways you can minimize those concerns. You might obtain the endorsement of someone who will be influential before your meeting or something similar to address these concerns.
8. Is it possible my idea will conflict with this person’s interests in some way?
If your idea is going to impact on their future control, resources, career, jurisdiction or opportunities, then you’d better be able to explain to them why the benefits outweigh the disadvantages. Try to come up with ways you can help bridge any conflicting agendas.
9. What specific commitments can I ask for?
Decide in advance what actions you’d like the other person to take as a result of meeting with you. Get down to the real nitty-gritty details here. What do you want?
10. How can I make this relationship stronger as a result of our meeting?
The Art of Woo begins and ends with positive and constructive relationships. Going into your discussions, think clearly about how you can conclude your dealings with your relationship intact. Find practical ways you can demonstrate good faith and reliability.
You must strike a balance when you attempt to make your ideas memorable. Too little attention to this part of your presentation, and you may lose your audience by putting it to sleep. On the other hand, too much effort to make your presentation entertaining will detract from your message. People will remember the bells and whistles in your presentation but forget what you said.
In a world where standardized presentation software dulls people’s thinking and reduces their expectations, surprise your audience.
It is all very well to have great relationships, credibility, plans, and proposals, but if you cannot close the sale and push your initiative through your organization, then you have failed.
Politics is not an optional activity for idea sellers–it is an essential aspect of the Art of Woo.
So what is Woo? It is relationship-based persuasion, a strategic process for getting people’s attention, pitching your ideas, and obtaining approval for your plans and projects. It is, in short, one of the most important skills in the repertoire pf any entrepreneur, employee, or professional manager whose work requires them to influence and persuasion rather than coercion and force.
Woo. Simple to say. Hard to do. The art comes in the balance you strike, each time you persuade, between what we call the self-oriented perspective emphasizing your own credibility, point of view, and level of commitment, and the other-oriented perspective that focuses on your audience’s needs, perceptions and feelings. How should you balance your own need for authenticity with your audience’s need for a tailor-made message? With Woo, you come prepared with a plan, then improvise and adjust as you go along. That takes art.
–G. Richard Shell & Mario Moussa
Woo: Secure Commitments
March 7, 2008 by admin
Filed under Persuasion, Sales
(27104)
The last step is often the most complex stage of the entire idea-selling process. Here, you’re trying to obtain the actions that mean going forward with your idea. There will be organizational obstacles and momentum to overcome. There will be turf wars, misalignment of incentives, strong personalities at work behind the scenes and the issue of who controls what to contend with.
The problem with selling ideas is that you’re always trying to disturb the status quo. There will be a natural inertia for the tried and true. There’s also the possibility that priorities will shift in the period between when everyone agrees to something and when it’s time to implement it. Programs that were Job #1 one week might only be Job #5 a few weeks later as unexpected events make their presence felt. All of these are challenges for idea sellers.
4. Secure commits:
Deal with politics
To deal with the politics that can impede implementation at the level of the decision maker, you can:
If people are assigned specific, unique and important roles in the implementation of your ideas, they will feel responsible and accountable. By adding specific deadlines, you make it much harder of them to move to other projects. If they recognize that they will be noticed, they will do what they agreed.
To get anything meaningful done, you’re also going to have to deal with the internal politics of your organization. How much your new idea upsets the existing balance of power, resources and status quo will be a leading indicator of the amount of resistance you’ll need to overcome. To deal effectively and productively with these internal politics:
Woo: Make Your Pitch
March 6, 2008 by admin
Filed under Persuasion, Sales
(27103)
If you can frame your ideas in the most effective way possible, you logically enhance your chances of success. Most decision makers load up on as much data as possible and then after reflection go with their gut feelings. You can enhance this by making your presentation as engaging as possible for your intended audience.
More likely than not, you’re only going to have a few minutes available to sell your idea. Therefore, it’s vital that you cut to the chase by doing three things:
1. Make the most powerful argument you can in the shortest amount of time.
2. Support what you’re suggesting with the most relevant and convincing evidence you have available.
3. Incorporate some presentation devices that make your audience sit up and take notice.
Make your pitch:
Presentation Hint #1–Make your pitch quickly
The best way to do this is to use PCAN template:
P Problem
State concisely what problem your idea solves or which need it addresses.
“Our company is in deep financial trouble.”
C Cause
Explain in direct terms how this problem or need arose
“We’ve invested millions in too many R&D projects that get nowhere.”
A Answer
State your solution to the problem.
“We’re going to run with just two new products and we’re going to advertise to reconnect with our customer base and prepare them to buy these products.”
N Net Benefits
Summarize why your solution or answer is the best available.
If we can turn these two new products into blockbuster success stories, not only will we save the company but we will also seed the market for other enticing and compelling products we’d like to develop in the future. We generate profits this year and lay a very solid foundation for the future at the same time.”
To make the PCAN template work:
Presentation Hint #2–Provide evidence
To be persuasive, provide evidence for each of the four factors in the PCAN template. Use whatever form of evidence your audience will consider to be most persuasive. You options:
Provide solid data-based statistics: Even a quick, unscientific survey of people’s opinions can weight there is little time available for a decision to be made.
In considering or planning what type of evidence you will provide, tune in to your audience’s preferred persuasion channel. Select evidence that is well suited to that specific channel, even if you personally would find something else more persuasive.
Presentation Hint #3–Inject a personal touch
What you’re trying to do here is to make your presentation memorable. The way you do this is by injecting some personal touch that will lift your presentation above all the background noise. One way to achieve this is to show some emotion above all the background noise. One way to achieve this is to show some emotion about your most important point. Reveal your true feelings candidly and openly and people can’t help but take note.
Presentation Hint #4–Tell a great story
Stories are devices to use in this context because they engage your audience’s imagination. The right story will engage your audience, fire their imaginations and sweep them along to the point of taking action. Stories can enhance your credibility and provide background to your idea and the process that led you to it.
Presentation Hint #5–Personalize it
There are loads of different ways you can personalize a presentation to make it memorable. For example:
Presentation Hint #6–Make it a puzzle the listener solves
Another technique for enhancing the effectiveness of your presentation is to structure it as something of a mental challenge, with the first one to figure everything out winning a prize. If you start by asking a provocative question, the audience can become caught up in trying to solve it. You might say: “How can our company make more money by doing less work and selling fewer products?” This could lead into a healthy debate about offering more value-added services rather than going down the commoditization route and so forth. To pitch an idea memorably, look for puzzles embedded within the problems you’re trying to solve.
Presentation Hint #7–Use analogies and metaphors
Analogies and metaphors build excellent conceptual bridges. They allow you to start by talking about familiar subjects and build from there towards understanding new topics altogether. The right analogy can take the discussion in entirely new directions and get everyone focused. For example, when America Online was considering entering into discussions with Microsoft to be acquired early in its history, one of the company’s board members derailed the threat by asking:” Do we want to be a footnote on Bill Gate’s resume or do we want to be the king of the online industry?”
Presentation Hint #8–Force your audience to think
Sometimes, it’s helpful to jar your audience and make them think about unknown or unfamiliar subjects. To do this :
Step 3 of the Woo process is showtime. Moreover, every time you sell an idea, you need to make your pitch at two levels: the rational and the intuitive.
–G. Richard Shell and Mario Moussa

