Friday, February 19, 2010

CLOSING- MARKET TO MARKET SELLING


Can you understand how the excessive use of sales closes may drive some prospects away from the purchase of your product? Its simple: The prospect realizes that he must answer to others in his organization -- or get rid of a trusted vendor -- which is less comfortable than your best closing techniques. He uses any one of dozens of techniques to postpone his decision, then stops returning your calls.
Customers have a decision process that helps to prevent impulse decisions. Sorry, but this is an unavoidable fact.
Industrial customers may be under pressure from sales psychology. Worse than appearing transparent and thoughtless, your excessive and repeated use of sales closes may permanently alienate your prospect.

You will be required to pitch the decision maker and others on your road to meet the decision maker. The decision maker may require steps in evaluating your product such as literature, meetings with subordinates, sample evaluations, process trials, price negotiations, comparisons to competitive products. They may use you, perhaps invite you in only to accumulate additional data that justifies their current supplier. You must contend with advanced corporate purchasing tactics.

Where do you start? First, realize that closing should be a way of working, not a script. Begin by understanding all of the steps that the organization will require to complete the sale. Then, agree on what you will need to accomplish at the current step; how you would be permitted to move forward to the next step. In other words, pre-qualify the customer's needs. This pre-qualification is basically your close -- done in advance! Your job is now to reach a mutual agreement that the customer's objectives are satisfied, clearing a step, allowing you to move step by step towards a check that clears the bank.

Believe it or not, you still have not closed. You will close only when your customer is completely satisfied. What's better than closing on a bank cheque? How about one of the greatest aspects of industry business: repeat orders?

My philosophy is to use one sales closing technique during any single meeting or phone conversation. Using too many closes in sales is a typical mistake; but, not using any is another mistake. Using one close during a meeting will help to move a deal forward. Using two closes may be helpful in very few cases. But, using three or more seems very risky to me -- in business to business product sales.

Furthermore, I use more of a conversational close, not a scripted close. For example, there are some purchasing agents who want to be asked for their order. If they seem to be this type, if they look interested, and if the time is right, why not simply ask for the order?

"Mr. ABC your needs are a wonderful fit for the capabilities of our Corporation. We are excited that your requirement fits with the phase transition with our corporation’s metamorphosis capabilities. During this time you have shown us your requirements and your concerns. We have shown how our organization is capable and focused on meeting all of your requirements. All of us at organization will work hard to make your program a success. May we have an order?"

Thursday, February 4, 2010

How to Start a Conversation with New People



1. Start with a "hello or a hi or hey," and simply tell the new person your name then ask them theirs. Offer your hand to shake, upon his/her responding to you. (If you go to other countries, greet the person in tune with the particular culture). If you already know the person, skip this step and proceed to step.

2. Look around. See if there is anything worth pointing out. Sure, talking about the weather is a cliche, but if there's something unusual about it "bam!" you've got a great topic of conversation.

3. Offer a compliment. Don't lie and say you love someone's hair when you think it's revolting, but if you like his or her shoes, or a handbag, say so. A sincere compliment is a wonderful way to get someone to warm up to you. But be careful not to say something so personal that you scare the person off or make him or her feel uncomfortable. It is best not to compliment a person's looks or body.

4. Ask questions! Most people love to talk about themselves; get them going. "What classes are you taking this year?" "Have you seen (Insert-Something-Here)? What did you think of it?" Again, keep the questions light and not invasive. Do not ask too many questions if he or she is not responsive to them.

5. Jump on any conversation-starters he or she might offer; take something he or she has said and run with it. Agree, disagree, ask a question about it, or offer an opinion, just don't let it go by without notice.

6. Look your new found friend in the eye, it engenders trust (but don't stare). Also, use the person's name a time or two during the conversation; it will help you remember the name, and will draw the person's attention to what you are talking about.

7. Don't forget to smile and have fun with your conversation!


Tips

* Just relax. Chances are that whatever small-talk you're making isn't going to stick out in anyone's mind a few months from now. Just say whatever comes into your head, so long as it's not offensive or really weird. (Unless, of course, the person you're attempting to converse with is into weird stuff.)

* Remember, if you think of something in your head while you're talking, it's probably related.

* It will help if you watch some TV, listen to radio shows, and/or read a lot newspapers, magazines, and/or books. You need to have some idea of what is going on in the world. Also remember and plan to share anything you like, think is funny, or find intriguing. This is building up your own library of things that might be helpful to another person during a conversation someday. It will be amazing how you thread these interesting things when you least expect it, and make conversation an adventure instead of a dreadful task. If you take it to the next step and say things that you want the person to think of as adding value, and keep to yourself things that the person might not, you are actually honing your own personality to be appealing to the other person, and what is a greater act of kindness than that.

* If you are shy, it will be helpful to have thought about a topic or two that you could talk about.

* Follow the lead that your listener is expressing. If he or she appears interested, then continue. If he or she is looking at a clock or watch, or worse, looking for an escape strategy, then you have been going on for too long.

* Interesting and funny quotes or facts can lighten things up, and make way for things to talk about. You could also use a set of conversation starter question cards for inspiration.

* If talking over the phone, keep the person involved in the conversation at all costs. If you can't come up with a good topic, try the "questions" game. Just keep asking them questions; random questions work just fine as long as they are appropriate. This technique can save a phone conversation. The questions should be open ended questions that do not require a yes or no answer. For example "How do you know the hosts?"This way you can ask questions about what they just said or follow up with how you know the hosts (for example) instead of acting as if the conversation is an interrogation.

* Half of an effective conversation is the way you non-verbally communicate, and not necessarily what you say. Practice better non-verbal skills that are friendly and confident.

* Read newspapers and magazines to increase your knowledge so you can have more interesting things to talk about