Session 1 Selling Successfully

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The document discusses various topics related to sales management including preparing for sales, dealing with customers, making successful sales, and managing sales teams.

The document mentions that laying foundations for successful selling involves developing long term principles and practices as well as personal skills. It also states that selling is the basis of all business success.

The document discusses models like the consultative sales model, partnering model, team selling model, and complex sales model.

Selling Successfully

One day program on sales management

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Preparing to sell
Dealing with customers Making successful sales Managing sales teams

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Preparing to sell

Selling is the basis of all business success. Lay the foundations for successful selling with long term principles and practices and by developing key personal skills.

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Aiming for success

Making a No-Win sale

Making a Win-Win sale

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Find out what the customer really wants as early as possible.

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Gaining self confidence

Always approach prospective customers expecting to sell

Take the advice of others about your appearance and your presence
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Pacing your speech

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Top 5 Sales Myths


Order taking has been replaced by the Internet.

The hard close has been replaced by the strong opening.


The willingness to buy lunch has been replaced by the ability to solve customer problems. Many companies report their sales force ability to meet quota is declining and is at 49% or less. 80% of the total sales revenue is coming from 20% of the sales force. Some companies say it is a 90%-10% split.

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Practicing self development


Communication Exploiting information Relationship building Handling finance

Absorbing information

Note taking

Self manage

Your

Thinking

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1 0 Apsara

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Inception

The beginning of something a first part or stage of subsequent events


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Getting organized
Track paperwork processes from start to finish to cut out waste.

Free an early morning period to catch upon undone task.


Plan days daily, months monthly, and years annually.
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Realize they have a problem.

Know what is required to solve it. Do their own research. (The Internet is a tremendous source of information.) Select a service or product that will give them the results they expect. Bottom Line:
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Buyers are already sold by their selves!

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Ask a salesperson to follow a procedure, write a report, or update the sales system, and they will tell you they do not have time. Theyll tell you, Sales is an art.
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The Undocumented Tragedy


The first areas to look to for change are within your own
Are your procedures current? Do your procedures produce the results you expect? Are all procedures documented? Is the staff trained in their use? Do you have metrics? Do you monitor the implementation of your procedures?

sales processes:
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SALES MODELS
We have no recognized standards in sales, but we have plenty of sales models to choose from. Many sales forces use all of them, some of them, or some hybrid of them. Unfortunately, allowing the sales force to follow their own model creates a considerable disparity of which model is working best.

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The sales script is divided into four steps:

CLOSE

PROPOSITION

DEMONSTRATION
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APPROACH

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Avoid giving the impression to the merchant that you are trying to force him to buy.... No person likes to feel he is being sold.

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CLOSING SALES MODEL


The key elements defining the Closing Sale Model are:

Presentation Skills Trial Closing Overcoming Objections Final Close


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PRODUCT/SERVICE PUSHING THROUGH PERSONALITY, PERSISTENCE AND PRICE

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RELATIONSHIP SALES MODEL


The salesperson builds a relationship, over time, with repeated visits.

The buyer and seller get to know each other on a personal and professional level.
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PROBLEM-SOLVING SALES MODEL


Open-ended questions - Role-playing is used with students to get them to understand how to get Clients or prospects to talk about the things that are important to them. Closed-ended questions - Closed-ended questions require a yes or no response. Listening skills is a key component. The salesperson takes the information and then presents solutions.
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VALUE ADD SALES MODEL


Price objections raised by the Problem-Solving Sales Model can be countered by adding additional services. In this way, adding these services to the base product/service gives a perception of the value received versus the price.

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- Costs

+ Value

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Value innovation

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CONSULTATIVE SALES MODEL

Determines how to lower the clients costs and/or


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Determines how to increase the clients revenues


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PARTNERING

This model became the buzzword used by salespeople not in creating a legal entity, but in building a joint plan for creating an opportunity. The sale is conducted at the highest level of the company and an output is a business plan targeted at a niche within the clients market. The term partnering became highly overused and misused. Clients and prospects soon tired of hearing the word.
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TEAM SELLING MODEL

Though not new, the Team Selling Model became increasingly more integrated into the sales model. The salesperson in this model must coordinate all of the activities within the organization and external to the organization, in order to win the business.

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COMPLEX SALES MODEL

Large ticket sales Multiple decision makers Extensive coordination, both internal and external Long lead times

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Review the different models you are using. Are you getting the results you expect? If you are leading a sales team, what model does your team use? Or, are they all using different ones?

Bottom Line:

Sales is not an art ... it is a process!


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Sales Myth Number 3

Salespeople who are Good Talkers with a Great Pitch win the most Place a salesperson in a selling situation and they are set to give you their Pitch. In fact, I have heard prospects tell a salesperson, Go ahead, give me your best Pitch. The reality is that the Pitch works sometimes, and sometimes it doesnt.
Bottom Line:

Salespeople can talk themselves right out of the sale.


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Sales Myth Number 4

Selling is Close, Close, and Close

The Gallup Organization took a poll in 2000 asking this question: Please tell us how you would rate the honesty and ethical standards of people in these different fields?

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Four of the top trusted categories chosen were:

Nurses Pharmacists Veterinarians Doctors

Four of the lowest rated were:

Lawyers Newspaper Reporters Insurance Salesmen Advertising Executives


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Used-Car Salesmen. Gallup has been taking this survey for over 20 years and, each time, used-car salesmen ranked on the very bottom of the list.

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