The Customer Bought, Now What Do We Do?”
We’ve done it!
We have made it to the fifth and final buying decision for the customer which is “Buy”
The customer has now purchased our product / service and we celebrate! Unfortunately, this is where 99% of sales people fail in the sales process.
That’s right, they fail! I am not saying that it is not okay to celebrate the win and I encourage the celebration, but when the sales person stops the sales process after receiving the order, the customer is left to fend for themselves. This is wrong and we have not served the customer if we do this! If we leave the customer and don’t make them successful with their purchase then the customer soon will develop buyer’s remorse, not hitting the desired outcome from the purchase, and possibly thinking they were just sold something instead of purchasing a solution. The customer then associates us with the slimy salesperson that does not care about them.
Far too many sales people take the signed order and ride off into the sunset never to be heard from again. It’s a huge opportunity that unfortunately most sales people miss out on!
That’s right, when the customer agrees to buy, this is the time that sales professionals need to roll up their sleeves and move forward with the customer. The more this is done, the more the customer will brag to their friends, family members, social media, etc. about how awesome we served them and that everyone they know needs speak with us. Who wouldn’t want a salesforce of individuals selling of us without having to pay them?
I love having people that have taken my trainings tell others that they need to work with me because I know that what I am doing is working!
First and foremost, when the customer agrees to purchase, they will second guess themselves (buyer’s remorse) about the purchase. That’s right, they are not sure what they did was the right decision. This typically happens for purchases over $50. No, we are not talking about a pack of gum. The real-estate market has done a fantastic job overcoming this issue of “buyer’s remorse.” As soon as the customer agrees to purchase a property, they immediately begin moving the customer into the next steps.
When we confirm that the customer has made the right decision, they feel justified and will be set at ease. Getting the customer moving forward after this decision to buy and onto the next steps such as delivery date, onsite training, etc., the customer is reaffirmed and feels like they have made the best decision possible. They have a game plan for the next steps. The customer will be fired up and ready to begin moving forward with our help! They appreciate this, because most sales people do not do this! This simple step! Now we have a few other things we need to do as well.
The last step in the sales process is crucial. Again 99% of sales professionals do not do this. This is the most crucial step in gaining influence with customers. It’s the next 90 days after the sale that really makes the customer’s purchase a success, or a failure. That’s right, after the installation and quick run through, the customer is going to have issues. The faster we communicate how to resolve those issues the better the customer will feel. That is why organizations have had support lines waiting for customer to call, but the sales professional has an opportunity to take this one step further.
This is the sales process step in trainings that most organizations ask a great deal of questions on how they can get better. This is where I gain my consulting business and coaching for. Helping them gain the tools so they can make the customer successful 90 days after the sale. We figure out how to make the customer successful and the organizations see higher levels of business gains.
What do we have ready for your customers so that they can consistently win with our product / service? That is the question that we need to answer and if we do this well, we will be rewarded with greater levels of influence. With more influence comes greater growth in sales and increased revenue. At a certain point we become such an influencer that people stop focusing on price. Wouldn’t that be amazing to take the pricing discussion off the table?
We are in the service business no matter what we sell. Serve the customer well and reap the rewards. Underserve, and stay a commodity in the customer’s eyes.
It’s okay to have a little celebration, but then get to work rolling up your sleeves and help serve the customer!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
The Scariest Part Of The Sales Process
Welcome back everyone,
We have been walking through the buying decisions that customers must make before they will buy a product / service from us sales professionals. If you haven’t read the past few blog posts, I encourage you to go back and read them as they will help you understand how we got here. For today, let’s jump into this fun topic!
When I first got into sales, I actually hated this buying decision. I was so nervous that I kept selling the product as long as I could and would talk myself out of a sale in most cases. The reason was that I feared rejection. Just like asking that girl out in high school, I was nervous to ask for the order from the customer.
Back in high school I was literally under five-foot-tall, weight around 100 pounds and let’s be honest the wind may have been able to knock me down if it blew over 10 mph. Asking for a date seemed like a monumental task when I had to look up to just about everyone. Luckily, I grew taller and so did my confidence.
No one really enjoys rejection and I was no different when it came to sales. I did not want to find out if I had not done a good job at understanding the customer’s needs and addressing those needs. I did not want to hear “NO” just like a child hates the word no. I did not want the customer rejecting my request to move forward with the purchase.
Here is what I have learned through many years of selling. We as professional sales people need to hear the word no. That’s right, if we have not answered the customer’s needs, we should hear “NO”. We do not need the customer buying the product only to hate the purchase and then remember us as the ones that sold them that product / service. We need them to be glad they purchased the product / service and that it helped them. Otherwise, we are just another sales person that made a quick buck that did not help the customer. Serving the customer well leads to much more sales success in the long run.
Now, why is it okay to hear the word no? Once we hear the word no, we can go back to the uncovering needs and verification of needs steps to make sure we completely understand the customer. Which is what the customer truly wants. The customer wants to be known and understood. They want to know that this solution in front of them will actually help them move forward.
As professional salespeople, we need to make sure we have courage to ask for the order. We need to find out if we are on the right track or if we missed something. This is our opportunity to come back and help the customer better if we missed something. It’s our sign to make sure we are moving in the right direction.
You never know, the customer may actually say “Yes” and award us the business if we have followed the process correctly. That is when the real work starts!
Have the courage to ask for the order and wait for the reply from the customer.
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
The One Decision Sales People Get Wrong
Ever have a customer answer your sales proposal with the following statement, “ That is great, but how does that help me?” I have had this experience and had to use those same words with some sale people when they tried to sell me something.
This part of the sales process is where most sales professionals believe they need zero help. Unfortunately, most sales professionals need a great deal of help with this part of the sales process. To show this I ask people to sell me their product / service. This is where the attendees have a reflection moment.
Most attendees start with firing features and benefits in rapid fire, their elevator pitch, or how their product is so revolutionary like they are in one of those late-night infomercials. Unfortunately, this is an incorrect process in selling your product / service. The reason I know this is because I started out selling my products this way which drove my lack of sales. The customer does not care about how many features and benefits we have to offer.
What the customer does care about is how this product / service will meet “their needs”. That’s right! How does what we offer help them? That is the question our customers are asking. Each customer is different and has different needs which means we need to be smart about how we approach this part of the sales process. We can not simply rain features and benefits all over them. We need to answer their needs.
To effectively answer the customer’s needs, the salesperson needs to do the work in the first buying decision by asking great questions to uncover the customer’s needs. By asking questions we are able to actually understand the customer, what they are looking to achieve, and why they are looking to achieve it with this purchase. If we assume that we know exactly what the customer needs we typically miss the mark in sales.
You’re probably asking yourself how do I avoid this mistake? The answer is simple. By making sure that the question I am asking aligns with my features and benefits. That’s right I use the features and benefits of my product / service to roadmap questions for the customer. If the customer is saying yes to those questions, then we know that we are on the right track to help the customer. Simple right!
One more point here and this is a big point!
If the answer is no to most of my questions about my product / service. I quickly understand that what the customer is looking for is not what I offer and I point them in the right direction to meet their needs. That is right, if my product / service will not help the customer I am going to do everything in my power to help them find what they need. Most sales people are shaking their heads in disbelief, but they are wrong. See I am playing the long game with selling that builds influence. Influence that will come back to me ten fold later on.
If my current product / service does not help the customer and I help them find something that does, I have just solidified my value and gained tremendous influence with the customer. Even if they do not buy this product / service today, they will tell their friends, family, coworkers, neighbors, etc. about the service that I have provided and how I helped them. They will tell those people that they need to come talk to me. It has helped me time and time again with references and grow my sales in the long run.
Yes, this is an internal decision to focus on helping more than just selling our products / service. I chose this early in my career which helped me gain more sales than I could have ever thought possible. Customers have come to me years later telling me that someone referred them to me because I was the best and helped in such a way that they needed to see me first.
Isn’t that where we want to be? To be the person everyone wants to come to for a solution to meet their needs?
If you need support on making sure you are hitting the mark on this part of the sales process, or any others feel free to click here to see my online membership that gives you lifetime access.
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
Does Your Organization Answer The Second Customer Buying Decision?
Have you been disappointed by the lack of customer service lately? Has it affected your decision to buy from this place of business again?
Have you ever decided not to buy a product or service because of the reputation of the organization?
I recently ordered some workout gear from an organization that I often do business with. I ordered the products and received the shipping information and for a week with no shipment info. When I reached out to this organization, they informed me they would ship out a new order for me. A week later nothing. I tried to give them the benefit of the doubt, but after weeks of trying to figure out why my products were not shipping, I reached out once more to find out that the replacement order was never placed. This was exhausting follow up that was very discouraging.
If an organization builds a reputation of poor customer service, unethical practices, bad quality, etc., they are not going to be the organization with the large value proposition to customers. Organizations often try to cut corners to save a few dollars, that end up sacrificing millions in the long run. Truth be told that if organizations are not providing exceptional value they are a commodity. There are other options to buy similar products and services.
With the onset of Millennials in the workforce we are seeing a trend of them working for organizations that align with their values more so than just to collect a paycheck. This same demographic is also the largest demographic of individuals in US history. This demographic of individuals stive to work for organizations that align with their personal mission statements. Millennials want to make sure they are going to help society by working with and for these organizations. It is imperative that organizations recognize this and make sure they are selling themselves as well as their products.
These same Millennials are also purchasing products and services from organizations. If the organization does not align with the Millennials goals, guess what, they won’t buy from these organizations. Again, the largest demographic in US history means the largest buying power.
How do organizations make sure they are selling what makes them unique to the customers? Organizations should use the same process they use to sell their products and services correctly. They answer the needs of the customer. What does the organization offer that will help the customer “WIN?”
When we look at our organizations whether they are for profit or non-profit, we need to see what we do well. Do we offer online SEO plans to help customers get quicker growth on the internet marketplace? Do we have solutions to handling ecommerce for the customer’s products and services online? What does our organizations do to enable personal growth of our customers? Do our organizations donate a large part of our profits to help society? Each of our organizations offer solutions that are vital, but it is up to us to define those game changer answers to the customer’s needs.
What does your organization do well to help the customer? It just may save your organization in the long run.
Put your answer in the comments below in this blog as I love to hear how organizations answer the customer’s needs.
Have a great day!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
Do I Trust You?
Good morning everyone,
Last week we talked about how we need to let the customer feel comfortable and relaxed when they meet with us. What colors to wear options and why were provided, how to approach them, tones of speech, etc. to help us make the customer feel comfortable and so that they could be relaxed which will allow them the opportunity to like us.
This week I want to work on the other two questions that the customer has which are Do I trust you?, and How can you help me? These two questions are very important with sales of $50 or more. People need to know like and trust us before they will do business with us.
If in the first buying decision that the customer has, “The Salesperson” the customer does not trust us and we can’t show them how we can help the customer, then they will simply go to another source and purchase. Our product / service has now become a commodity. It does not matter if we have the best product on the face of the earth. The question is how do we build trust and how the customer knows that we are there to help them.
In my training on The Sales Process Uncovered, I walk sales people through the house analogy that I use to learn about the customer. We want to learn about the customer, their family, their passions, issues they are needing help with, and the consequences of not fixing those issues. We need to know their S.I.R. before we can identify a solution.
Asking questions is the way to get to know if what we have to sell will actually help the customer. Not just simple questions like, would the customer like a certain color of the product, but why are they looking to achieve with this purchase. What did they like about the last product they used, what do they wish they had on the previous product that they are replacing today? What does a win look like for the customer with this purchase?
Is the customer looking to gain a certain sense of prestige, needing a vehicle that basically drives itself so they can get more work done on their commute, or do they have a child that has a condition that makes the need for them to have a certain easy entry vehicle? Ask deeper questions to understand the why behind the customer’s decision. Until we do this, we are unable to help the customer.
People crave to be understood and known. Customers also want to know that we are with them to make them a hero in their story. Customers need to be the hero in their story and know that they have the solution that will solve their issues. That is why they talk to sales professionals. They are looking for guidance to find a solution.
Think back to the last time you had an amazing buying experience. What were some of the key elements of that sale that you had to tell your friends about because it just made you feel like you were set up for success with that purchase? How did the sales person make you feel? What did that salesperson do that stood out to you? What extra step did they do that no one else has ever done when you were making a purchase?
Next, think of a bad buying experience? What were some of the reasons why the sales person lost the sale? What could they have done better? What made you run away as fast as you could to get away from that sales person?
Now look at some of the wins and losses we have had in sales. This will take some time, but it will help us in the long run. Playing through the situations in our head will help us reevaluate what we did well and what we can improve on. We want to focus on opportunities for improvement to allow the customer to have a fantastic customer experience. Experiences that customers can’t help but brag to everyone about how we helped them. Do this enough times and we will not have to work as hard in sales and will become a success.
If we do not get the first buying correctly and constantly improve, then we will be mediocre in sales. No one really wants to be mediocre. We want to keep growing and getting better because without success we start losing hope and looking for other careers. This is a slippery slope as with all new ventures, failures come quickly and often. This is why people that consistently start over when a challenge happens never really excel. Those that stay true to the process of growth and refining are the ones that truly hit high levels of success.
Today focus on making sure that the question asked to customers are ones that will hit the mark. If you need help with drafting questions reach out. I am here to help you!
Have a great week everyone.
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
They Won't Buy From You If They Don't Like You
Good morning everyone,
Last week we talked about how sales people tend to get introductions out of the way quickly and then jump straight into selling. These same sales people have not proven themselves reliable, or trustworthy to the customer, but yet these sales people believe that the customer should trust and investment with them. Sales people assume the customer likes, trusts, and believes that the sales person can help the customer. How do we perform typically when we assume in situations? When we assume we get the situation wrong.
The first buying decision is the longest and hardest to complete. Mainly because there is so much decision making that happens in this buying decision before anything can move forward for the customer. The customer has to know, like, and trust us before they will ever buy from us. Do you think that right after someone gets your name and starts selling that they really care about you or your needs?
We as sales professionals need to make sure we are answering these three questions for the customer within the first 60 seconds of the interaction:
Do I like you?
Do I trust you?
How can you help me?
If we jump straight into selling mode after we get their name the customer will be quickly be turned off. Ever wonder why when asked what brings you in to this store today the customer says something like this, “Just looking.” It’s because the customer has been trained to think that sales people are all the same and all the sales person cares about is selling their product or service.
Let’s change that perception.
Let’s start by using a plan on how we will approach the customer in a way that builds likeability and trust right out of the get go. Let’s start with making sure when we approach the customer we are not circling like hungry vultures. Let’s let the customer come into our facilities and let them get comfortable by smiling and saying “Hi, welcome. We are here to help you when you are ready.”
Smiling, wearing the right colors that psychologically reflect trust, honesty and lowers anxiety. Not power ties, not blacks, not dark greys, but light blues whites, and some greens to ease the customer into lowering their defenses. We also need to listen to how we talk. That’s right speech patterns that don’t align will also increase anxieties. I found this out when I started selling in the southern United States. I needed to change my speech patterns a bit instead of a fast-paced midwestern speech pattern. I also needed to say soda instead of pop J
Science has shown that depending on the environment (noise levels, smells, colors, lighting, etc) the customer can actually become engaged, or withdrawn. Next time you walk into a department store check out the different areas of the store and notice the lighting, colors, music playing, and scents pumped into each area. This helps to ease the customer’s anxiety lower. Ever wonder why Costco offers free samples? Because the longer a customer is in the store the higher the probability they will buy more.
The next time we show up to work we need to be putting our best foot forward to make the customer relaxed. Will we be paying attention to the customer and welcoming them, or will we be going in for the kill to make a sale? Make sure to be attentive to the customer and allow them to like us.
Answering Do I trust you and How can you help me? for the customer is essential in the first buying decision. We need to build that trust as well as show the customer that we will work to help them meet their needs. There is a great deal in these two questions so we will have to save that for next week as to how we will do this, but for today think about asking questions to the customer.
Have a great day!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
Stop Jumping Into Your Sales Pitch
Ever attempted to buy a car, furniture, or some large electronic device and the sales person asked how you are doing and immediately dives into trying to sell you something? At this point you have likely decided it is time to plan your escape. Hopefully not with the sales person holding on to your leg saying, “Please Stay!!!”
Far too often sales people jump right into the deep end of the pool and start trying to sell to customers before they understand the customer. How do they even know the situation before they make that leap? Most often times sales people are spitting out all sorts of features and benefits of the product / service they offer in hopes something will make customers say yes and close a sale. What most sales people forget is that customers buy to satisfy needs, not features and benefits. It’s a simple concept, but hard to put into practice unfortunately.
When I train sales professionals, I have to make sure that I highlight this fact each time I start the training. We as sales professionals need to stop launching right into a sales pitch early on in the sales process. The customer is actually put off by this practice of selling. I know some sales people at this point think that sales is just a numbers game so keep it up and a sale will happen.
Most customers will wait for the presentation to end patiently and then thank the sales person for their time before making a way to the exit as fast as possible. People want to feel heard and understood. Too many times sales people leap into action and sell something because they are looking for that next kill. Most sales people think of sales just like hunting for something.
I started selling like this, but quickly learned that sales is actually like farming. When we hunt we can eat for a day if we end up achieving our goals. When we farm and plant the seeds, take care of the soil, we will harvest a feast for a long period of time. We start small and grow our influence with the customer over time.
By changing out mindset and focusing on how to serve the customer well we will gain more influence and generate more sales. We need the customer to buy off on us before they will ever think about buying our product or service. That’s right people will not buy from us if they don’t know, like, and trust us. Here’s another fact, the larger the sale, the longer it takes to understand the customer’s needs. That means the sales process will take longer.
I have structured multi-million, multi-year contracts and every one of these deals took years to come together. Not one of these customers has ever stopped on my doorstep and said please help me, I need you to sell me your product without growing the influence with them first. I had to grow influence before they would look at me as an option to help them with their larger investments. They gave me opportunities for smaller deals and then as they grew to trust me and trust that I understood them well enough they gave me larger opportunities.
Apple has done a great job of getting people to line up for their new products, but back when they started, hardly anyone wanted their products. It took years of the correct leadership, marketing, and growing influence to get to where they are today.
Each day there are new strategies on how to sell to a new sophisticated type of customer, but most of these new sales strategies are trying to do the same exercise of growing influence with the customer. Shortcuts may work for the short term, but long term they fizzle out and influence erodes. I have used the same process for almost two decades to sell to different industries, and in different parts of the world. It’s a simple process and it helps the sales professionals walk through the customer’s five buying decisions that they must answer before they will purchase our products or services.
We have to meet the customer’s needs and then we will be rewarded with their business and grow influence with them for future sales.
If you’d like to take the opportunity to learn this easy to utilize process to increase your sales click here.
Have a great day!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
Guest Post by Salesforce.com
I always encourage others to guest post for my blog and today I am happy to let you know that salesforce.com is today’s guest blog post.
I hope you enjoy their content!
I always encourage others to guest post for my blog and today I am happy to let you know that salesforce.com is today’s guest blog post.
I hope you enjoy their content!
When people are getting started in their sales careers, they’re faced with learning a large number of specific terms, phrases, and sales acronyms. One concept all salespeople need to understand is sales operations, or sales ops, which is more than just a company’s process for making a sale. Sales ops encompasses the entirety of sales: It includes the systems, technologies, and processes that companies use to find and train salespeople, who can then identify prospects, capture leads, nurture potential customers, and win opportunities. Companies that need to define their sales ops have seven best practices to follow, from defining sales territories to avoid overlap to routinely analyzing and optimizing performance. For any company, sales ops need to be heavily documented. Processes should be as simple as possible, but clearly detailed and implemented with care. This commitment to high-quality sales ops ensures sales is handled in a measured way that helps sales teams succeed.
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Via Salesforce
What Customers Crave
For the past couple of weeks, I have been hoping that you have been able to understand how to generate more sales and influence with your customers.
Today, let’s talk about what customers actually crave from us as we sell to them. What is the customer really asking us each time they interact with us whether face to face meetings, calling customer service, on social media, etc. What is it that the customer is trying to communicate to us?
Customers want to be known and heard. That is right, our customers want to be known by us, called by name, and to know that without a shadow of a doubt that our teams will support their needs! They also want us to know what they mean when they can’t articulate into words. So how do we do this for them?
We need to be intentional to reach out to them to figure out what they need. It’s that simple. Get out of our comfort zones, stop trying to guess, and actually ask the customers what are their struggles. What issues do they currently have so we can go to work to resolve those issues. All of the great customer focused organizations like Amazon, Apple, Google, Zappos, etc are customer focused organizations.
In the book Invent and Wander, all of the Amazon shareholder letters are shared from inception up to now as to what Amazon is focused on. The root of all decisions is how can me make doing business with Amazon better for the customer. Decisions revolve around that one main core value.
Customers were even asked what other products / services they would buy besides books when Amazon started in 1997. That question led to expanding offerings from books to windshield wipers, to today where you literally are now able to purchase groceries in certain areas. Asking the customers for their input is powerful and a large task at the same time.
I would also ask customers that we are currently doing business with to understand what issues they have with dealing with us. When we see common themes we can know where to spend our time to focus on improvements that will actually move the needle. When customers notice improvements, their confidence does increase.
We also need to make sure that when the customer is buying from us that we make it as easy as possible to deal with us. That is key because they are already having resistance to parting from their hard-earned money. They are investing in making their lives better. We need to help them with that decision and make sure when the customer invests with us customers are taken care of.
Not do we need to make sure our products / services meets the customer’s needs, we also need to make sure the customer experience is exceptional. Too many organizations make it so hard to do business with in an effort to make sure the organization is showing profits to its shareholders. Now I’m not saying we need to make sure we are giving everything away. What I am in fact saying is that we need to make sure our focus is on how to enrich our customer’s transactions, experience, and life with our product / service so that they don’t hesitate to purchase from us again.
Only then will we be able to look back with exceptional growth in our markets.
Check out my online training The Sales Process Uncovered for help with growing your sales.
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
Customer Loyalty, We Want It Right?
Good morning everyone,
Everywhere you look you see articles on how to build customer loyalty. Just about every major retailer has a loyalty program. Offers are given with point systems in hopes of retaining customers. These are all great things, but there is one area that businesses are falling short.
What about the new customer that does not know our brand and has no idea how awesome we are? What are we doing today to keep them for a lifetime? These individuals want to believe that if they join our “club” we are going to take care of them, but they have been taken advantage of so many times they may be a little skeptical.
All of us can be Starbucks and Chick-Fil-A in the future with lines for the drive through wrapping around parking lots and disrupting street traffic flow. What we need to do is think about ways to serve customers so well that they want to keep coming back.
Both Starbucks and Chick-Fil-A do one thing really, really well. It’s customer service. That’s right they are always going above and beyond the call to serve the customer. This is resulting in customer loyalty, a Fanocrocy, and great business success even during pandemics. People will literally wait in 20 min lines for a cup of coffee, and chicken sandwiches.
Chick-Fil-A also has one thing they do every time they serve us when we say thank you. They respond immediately with “it’s my pleasure.” They literally ingrain each employee to be customer service focused. It does not matter which location we to go, we still get great consistent service.
When an organization focuses only on profits and not on serving the customers it never ends well. Doing the right thing consistently over time creates loyalty. Making sure we have set up a solid customer service focus no matter how long the customers have been doing with us is key to achieving customer loyalty.
Focusing only on maintaining the customers we currently have loyalty with will erode as they expire. Yes, I have checked the data everyone expires! If we only focus on those that have bought several products from us to generate loyalty at the risk of making things right for a new customer, we will LOSE!!!
Too many organizations focus on short term profits. One main driver for this is publicly traded companies focusing on making their stock holders more money as their main goals. All organizational goals serve this one main goal. How do we make shareholders more money?
Organizations should also not focus on helping only those that have pledged loyalty to their brand, but consistently doing the right thing to generate future loyal “Fans.” When “Fans” pledge their loyalty to us, they tell others how awesome our organization are. They share stories of how we have helped them and rave about our service. We have sales people selling for us that are not on our payroll. Wouldn’t you like that?
Do not take the customer’s payment and walk away from the transaction waiting to see if the customer will buy from us again before we give extra effort. Give the extra effort up front and every time we engage people and we will be rewarded!
Check back in next week and I’ll help you with a few ideas on how to grow more loyal customers and some ideas of how to gain more fans that will sell your brand.
Have a great weekend!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
Why You Need To Focus On Relationships With Customers
Good morning everyone,
I remember a story of a successful business owner that had sold his company and stayed on to support the transition. The new organization had a Chief Financial Officer making the decisions. This CFO also did not like sales people and had a belief that every sale could be done automatically. No need for outside sales people. Salespeople were just an expense to the organization.
If we are not meeting with customers regularly to learn about their needs, then how are we going to build influence? Sales is influence and the more influence we have the more sales opportunities we have as a result. A lack of influence will quickly turn us and our product into a commodity! The only differentiating factor for a commodity is price. Then starts the race to the bottom where there is no margin and likely no quality.
Some of the most successful business owners that I have had the chance to sit with state that it is imperative to build the relationship with the customer. The larger the relationship, the more influence we are granted and as a result the move opportunities we have with the customer. We need to have relationships before we are ever going to be able to sell something to someone. That is of course unless we are the cheapest price which typically means less value proposition.
I have been able to visit some of my old customers that I have not called on in years. They will smile, ask me out to dinner, and sit with me for hours to discuss where they are at with their current business situations. They even have asked for insight on what I might recommend still to this day! It is a great feeling that I was able to influence individuals enough that they will take time to catch up as well as look for my advice.
These conversations would not have happened had I not worked on the personal side of the business as much as the transactional side. Knowing our customers on a personal level and understanding their aspirations is a huge benefit. People want to know that they matter. Building that relationship is extremely important in helping them achieve their goals.
It is almost an art form watching an old sales professional work the personal relationship and send birthday cards for the customer’s family, as well as celebrating wins that the customer has had.
Meetings on the golf course have transacted in large business deals that cannot be instantaneously measured. Looking back on the sales process and building relationships will allow our business to grow with our customers. The transactions do happen, but not until we have a level of influence that the customer allows us to show them a better way. People will not buy from us if they do not know, like, and trust us.
I encourage you to leverage the personal side of business along with the professional side. If learning about people was not important than why do Amazon, Facebook, and your smart phones listen in on your conversations as well as track your searches?
Send a card for your customer’s birthdays, kids’ birthdays, weddings, anniversaries, etc. It is a great feeling to celebrate with customers and form lasting relationships.
Remember the first buying decision a potential customer makes is the Salesperson!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
What is Rapport and Why Is It Necessary?
I actually had both the better product and the cheaper price, but still lost the sale when I was starting out.
I’ve heard sales people over the years say a sale is only dependent only on the price. The cheapest price will win the sale every time. I have heard others say that people will just want to buy the product and nothing else matters. If you have the better product then you will win the sale.
I actually had both the better product and the cheaper price, but still lost the sale when I was starting out. There was this sales representative from my competitor that had such a great relationship with the customers and the customer’s customers. He got all the deals. He had some much influence that people would almost flock to him like he was a celebrity.
This sales person had an inferior product from benefits and features stand point and had a higher price, but with his impact on people he just won. It blew my mind and I could not wrap my mind around it. I am engineer by nature so I tend to go black and white with details. It did not compute. I researched the competition and knew what I was up against. I had it nailed all of the aspects that people had told me. What I did not have down was the grey area where relationships reside.
I speak to this quite often when teaching sales professionals that there are three things that everyone asks themselves subconsciously as they walk up to you:
Do I like you?
Do I trust you?
How can you help me?
When I finally realized what this variable was that I was getting my butt kicked on. It was the relationships. When I started out in sales I was told to build rapport.
Rapport is defined as “A positive or close relationship between people that often involves mutual trust, understanding and attention. Those that develop rapport often have realized that they have similar interests, knowledge, or behaviors” – businessdictionary.com
Most sales trainings teach you to look around the room with your customer and find a way to connect on similar hobbies, activities, family, etc. This is a good beginning to building a relationship with your customer, but there is a great need to go deeper with the customer. Just merely having similar interests and viewpoints is a good start, but it is a superficial level. If you want to have relationships that a deep and fruitful, you need to go deeper.
Dale Carnegie training taught me how to build get deeper relationships. This is done mainly with a mindset of being truly focused on the customer to know them and help them. Having such a relationship will help you form relationships and build unmatched influence. You end up with a relationship that brings you more opportunities and also have the customer being an advocate with others to bring you more business. The best realtors are a great example of this. They gain new customers by word of mouth from previous customers. Word of mouth is still the best form of advertising. When someone is looking to buy or sell a home, everyone is speaking about the select few realtors that the person needs to work with.
To build deep relationships with customers you need rapport, focus on learning about them, and having trust. Use these three things and you will have strong relationships with your customers and have a solid future in sales.
I have created a quick and easy online training for you called trustworthy to help you build great levels of trust quickly.
By building deep relationships with customers, I was able to land a $20 million per year five-year contract. That is $100 million contract. I was able to obtain information needed to kick off my team and produce a proposal that put my organization in play for a program that we were not thought of as a possibility prior.
If you would like to carry the conversation deeper comment on this blog, reach out via email, or do the old-fashioned thing and give me a call so we can discuss deep relationships in sales.
Have a great weekend.
Sincerely,
Kevin Sidebottom
Having a Plan to Succeed in Sales
Is doing business with your organization that beneficial for the customer? If not, your product / service will be considered just another commodity with the only differentiator being price.
A few years back a friend and myself decided it would be a great idea to do a sprint triathlon. I figured I was in decent shape and could swim well. After all, once you finished the swim all you had to do was hop on a bike for a bit and then run a 5k. I have done 5k runs many times so I was not worried about the run and I bought a road bike so I could ride faster than a mountain bike. I did two swims in the water, road the bike a few times, and I didn’t need to run because, hey I could do it. I figured I had it all planned out to succeed and do well… figured I had it planned out enough…
The day came for the race and my friend and I were in the water ready to go. The starter sounded of the start of the race and we both jumped in with our awesome swim caps. About ten strokes into the swim I was out of energy. I looked up and saw that there were only two rescue boats and a long way to go. At that moment I knew I was in for a long day. I did every stroke I could and did the dead man’s float sometimes. Eventually I made it through the swim, did the bike, and then got into the run. I was so not prepared for that event.
The next year I trained and planned, and then trained some more. The results were very different because of a better training plan and executing that plan.
In sales, if we want to do well, we need to have a plan and work the plan. We can’t just show up and expect to for sales to just happen. We need to map out where we want the conversations to go and what areas will hit the customer’s needs. We need to review our notes about the customer and figure out what solutions we can address for them to help them. One image that still is in the back of my mind when I am visiting with customers and training is that of handing a bill to the customer when I am leaving.
Was the time spent with me worth the customer paying me?
Would your customer say the time spent with you worth $200, $250, or even $500 for that hour meeting?
What kind of solutions did the customer come away with that will equip them to function more profitably?
Is doing business with your organization that beneficial for the customer? If not, your product / service will be considered just another commodity with the only differentiator being price.
A plan is needed to make the sales call worth both parties investment of time and resources. This is a new age and because of technology customers are more informed and need sales professionals to help them create their unique solution.
What does your sales call plan look like?
What are your premeeting preparations?
Are you answering the three questions your customer is asking at each interaction?
Do I like you?
Do I trust you?
How can you help me?
Create the plan, execute the plan, and have a back-up plan if something happens that you didn’t expect. Be prepared. And if you do a triathlon, practice swimming, it could be the difference between life and death out there!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
The Cold Call...
A cold call will take most people out of their comfort zone.
How many of you fear picking up the phone and calling a prospect that you have never talked to before?
How many of you visualize the person on the other end of the phone screaming to stop calling?
A cold call will take most people out of their comfort zone. It’s scary, we don’t want people hating us while we call at dinner time. They also will likely not believe us when we say our name is Tom, John, Sam when we have an accent from another country (with more interesting names). Many organizations these days have gone to the robo call which is really annoying.
I especially like when they start the message with “Don’t hang up…” They are literally telling me to hang up on them subconsciously by saying that opening line. A better opening would be “ Keep listening for some great information…” That would create more tension in me to want to hear more.
Cold calling is almost an art form. To get the person on the line and talk to us takes practice. I still to this day do cold calls to associations and businesses to drive more business. Prospecting is key in growing our business. Cold calling is not just dialing a phone either. We can walk into a business that we have reviewed and think would benefit from our expertise. Just watch for those no trespassing signs.
Cold calling is not natural for me as I am more of an introvert by nature. Pushing myself out of my comfort zone is a must if I want to grow my business. I have gotten voicemails and had to leave a message, people asking me to call them back later, people using a firm tone that they are not interested, and sometimes, sometimes I get great conversations with them and an appointment to visit to discuss more.
That is what the cold call really is. The opportunity for the further conversation. We are likely not going to make a sale on this call. Our focus should be to get that opportunity to come in and sit with the person to learn about them and their organization. How we can help them get to a better place. Our product possibly will enable them to take that next step in their growth. That is a good reason to talk to prospects? We need the opportunity to start the conversation.
Insurance sales professionals have lists of people they cold call every day. They have studied statics over the years and have a metric that out of ten calls three should result in “Fact Finding Opportunities” and then should result in one quotation of their product. That is a 10% success rate for sales. Very few professions have studied the results. I have met quite a few wealthy insurance sales professionals and they all have told me that they do this by making cold calls. If we are going to be successful selling, we need to do cold calls and prospect.
Keep in mind though that the person on the other line has three questions that they are asking themselves when we start talking.
1. Do I like this person?
2. Do I trust this person?
3. How can this person help me?
If you’ve read my book, “That Sales Process Uncovered”, been to a training, or been a reader of my blog for a while you should be able to answer these questions for them. Social media such as linked In, Facebook, Instagram, Twitter, etc have made it even easier to research our prospects prior to the cold call. We just need to do the research.
For now, don’t fear the cold call. Accept it as an opportunity to help potential customers get to a better place. Who knows, you may strike up a great conversation and learn something new about someone that will help you at a later date. This is your opportunity to start helping people. Now pick up the phone and see how.
Have a great weekend!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
What Percentage Is A Good Profit Margin?
The first thing that I ask them is what is the market bearing for a sales price for what they offer. Often, I am left with a blank stare saying our price.
Welcome back
I teach sales teams how to sell their products and services effectively and with a common language, but I am often asked what percentage is a good profit margin to make for my product / service. More importantly they want to know how much they should make with their product and service. Some even believe that their product / service is earth shattering brand new, and nothing like it anywhere on this planet so there is nothing to compare it against.
The first thing that I ask them is what is the market bearing for a sales price for what they offer. Often, I am left with a blank stare saying our price. This is because they really have not studied the market to understand. When we do some investigating, we find out that a market study to see what the competition is offering their eyes open. Old pricing strategies was to add profit to our costs. They called it cost plus for markup.
Different markets bear different profit margins so investigation is necessary. Grocery stores operate at much lower profit margins than say Apple selling an iphone. They have more turns of products such as chips, fruit, milk, etc that they do not need to charge $20 per banana. They also understand their costs well.
By understanding the market, we can now understand this data point. The real estate industry has done a great job understanding this topic and we can learn from them in other markets. They literally show comparable sales in the area “Comps.” It’s a really good gauge at where the market is for a product / service.
Unfortunately, some market pricing is established in markets by trying to simply add profit to costs. This is called a cost plus pricing model and is unfortunately not viable in most markets. We really need to know what our costs, but can not just simply say we deserve x profit.
Now we need to really understand our costs. There are many costs like material, labor costs, but fixed costs like the rent of our buildings, loan payments (if you don’t follow Dave Ramsey’s rules), etc. are also needed to be figured in. Once we understand our true costs, we need to know how much we need to make before we can brake even, and then how we can survive and have a decent living. That’s right we need to understand where we can be so that we can still eat and sleep in doors with possibly a vacation…I mean retreat for future planning ;)
Now here is a warning especially if we are launching a new product / service, or are new to any market. Trying to come in and be the cheapest price is not the answer to have instant success. Most will try to do this and believe that they will be able to increase price over time whether it is scope creek to add profit, or simply raising price over time. What organizations have found is that when they try to raise price for future business, it tends not to work because they have set a precedence with the customer. Focus on starting off right and not being the cheapest price.
Be the best value. This is where there is so much value that the customer has no reason not to do business with us and pay the investment to work with us. That is where top organizations that have high profits, large cash reserves, and can weather any storm are. They are financially set for success and their customers are happy to pay the investment to do business with them.
Use the sales process to understand what value you bring to the customer and you’ll be able to maintain good profits.
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
What To Expect From A Sales Manager
They may challenge our assumptions, but to help us make sure we effectively thinking through the process.
Welcome back,
Today we are going to look at what we should expect from a sales manager. I’m sure anyone in sales has horror stories of bad sales managers. It’s okay if you are currently working for one, you don’t have to raise your hand if they are near J
I am asked what makes a good sales manager, and what should I expect from a sales manager. This blog is not going to say what a typical sales manager is, it is going to discuss what we should be expecting out of sales managers. That’s right when we interview with sales managers, we should be looking for a few things. These will be indicators about what we are about to get ourselves into in hopes of avoiding a bad situation.
I have had a couple Rockstar sales managers, a couple really bad sales managers, but mostly just okay sales managers. I know what to look for in a sales manager that I figured I should share with you so you can avoid some difficult relationships in the future.
I have had two really bad sales managers in the past. The first one should have been fired based off how sexist, manipulative, and degrading he was about others. He took his title to his head. The other was kind, but did not know how anything worked at the company even though he had been there for twenty plus years, and he could not offer help when asked. He was like a cockroach. He knew how to survive in the corporate world, but just didn’t add much value. It was unfortunate that this happens, but I’m sure this manager was not the only one.
With the bad out of the way let’s start with what we should be looking for in great sales managers. When we think of a sales manager, we should be thinking about someone who will invest in us and grow us. We need someone that will be a coach. Not like a coach on a football field that yells in plays and tells us to execute what they say, but someone that will ask us questions to pull out our own unique solutions to the problems at hand.
When I went to get certified by John Maxwell, my eyes were open to this new type of coach. A coach that has passion to grow those under them and help those they manage find their own true answers. Most managers want to manage people and processes to keep things moving smoothly, but a coach will encourage us to try for more than we think possible and to find the best answer within us. They want to invest in us as well.
These types of managers are also very transparent and knowledgeable about the products and processes of the organization. They know how to guide us around the pitfalls and educate us why we don’t want to go down a certain path, but still give us the option to choose our paths. They will ask us questions to make us think about why we are doing something and then ask us to provide why we believe this is the best path to take. They may challenge our assumptions, but to help us make sure we effectively thinking through the process. Not allowing us to just wing it.
Sales managers should also be looking for their replacement. Maybe the sales manager will be promoted someday, change corporations, or maybe they will expire. The sales manager should be functioning just like a leader that is looking to grow others around them so when the sales manager is gone, the organization will still thrive and move forward. They should be focused on leaving the organization better than they found it. Not because they want all of the applause, but because they value other individuals highly.
We need to stop looking at sales managers as people that just merely manage people and processes to keep things moving along, we need to expect more out of them to be coaches and leaders that want to grow people around them. They foster a culture of possibilities and adventure to personal and professional growth for their employees. Isn’t that someone you’d like to work for?
If you have a great manager that you’d like to mention in the comments below, please do so. I am always looking for people to interview and find out what makes them great and what values they focus on. It will also help all of you get better understanding as well.
Have a great week and I will see you next time!
Link to this week’s Youtube video
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
How To Create A Sales And Marketing Strategy
If a slogan will not cure all of our needs for marketing and sales, then what do we do?
Welcome back!
Today, I’d like to talk about how to create a sales and marketing strategy that will grow your customer base with a solid foundation. That’s right just like building a house, we need to have a solid foundation before we can build the rest of our strategy.
Most people think that its about a catchy slogan that is memorable and exciting. That is what will draw the customers in. The problem with this is that it takes time, a great deal of time to generate traction. Look at a few slogans that are known now, but when they were created.
Just Do It – Nike 1988,
America Runs On Dunkin – Dunkin Donuts 2006,
Breakfast of Champions – Wheaties 1973.
If we want to wait for our slogans to take off, we may be waiting for a while before they catch on. It’s not a bad idea to have one, but we need to focus on a foundation to build on. And yes, it all takes time. There is no instant success. All that believe in overnight success, should look at the data.
If a slogan will not cure all of our needs for marketing and sales, then what do we do?
We need to build on that foundation and the first thing we need to do is answer the three questions our customers are asking:
Do I like you?
Do I trust you?
How can you help me?
If we are not focusing on answering these three questions right away with our sales and marketing strategy, then we are going to fall into the commodity category. If that happens the only differentiating factor is price. No one wins in this category, especially the customer. Lower cost means less quality in 99% of cases.
We also have to understand that customers do not instantly like us. If we want to really have a mental picture to wrap our heads around, we should think of them like cats. Cats don’t just instantly love us. They are independent and take time to warm up to us. Once they have warmed up to us, they will finally allow us to pet them. That in itself does not mean they love us yet either. We need to cultivate the relationship.
To cultivate that relationship, we need to give things away. It is hard to receive anything with a closed fist. The only way to receive is with an open hand. We need to give things away for free. The easiest way to do that is by giving information. No, I am not saying giving away your secret sauce in totality, but I am saying you need to give pieces of the solution away. That is what I consistently do for all of you. I give you weekly blog posts, videos, etc to help you in your strategy creation.
This also take a while to generate, but if you do it in the correct order, you too can generate a great deal of interest in just a matter of months instead of years. Would you like to have customers coming to you in decades with a slogan, or in months with giving away content? How long do you have to wait?
The focus will need to be giving away as much as we can. Create content that will add value to the customers and they will appreciate us and look to us in the future for help. Heck they may even turn into sales people for us that we don’t even need to pay. Wouldn’t that be nice!?!
Focus on adding value every single day that we show up and how we can answer the three questions above. Make that the core to all of our sales and marketing strategies and we will gain traction.
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
What is a Marketing Strategy To Increase Sales?
Since the creation of mail advertising, tv, and the internet there has been a great focus on marketing. Now that we as a society have evolved and become smarter, the old way of marketing features and benefits has had to evolve. Just buying the biggest ad in the yellow pages will not work these days.
Welcome back. Today I’d like to talk about what a good marketing strategy is in order to increase sales. I will also write about what doesn’t work and why so that you can figure out how you want to move forward with your strategy.
Since the creation of mail advertising, tv, and the internet there has been a great focus on marketing. Now that we as a society have evolved and become smarter, the old way of marketing features and benefits has had to evolve. Just buying the biggest ad in the yellow pages will not work these days.
When people meet us as sales professionals, organizations, institutions they are asking three questions. Today let’s focus on the third question with the assumption that we have answered the first two correctly. This third question is “How Can You Help Me?” If we are going to market to people about us being the best option, we better be focused on answering that question correctly.
If we don’t answer that question, well they will move on down the road to the next person in line. They will also start thinking about what we offer as a commodity if we are not answering that question. If we become a commodity then the only differentiating factor is price. There is no winning strategy for commodities. We need to differentiate ourselves from the competition.
People do not buy features and benefits as the answer to the question above. We must focus on answering the needs of the customer. That is right customers want a solution to their needs. To figure out what needs our offering answers, then we need to ask questions, but to who?
The answer to that questions is ask our current customers why they buy from us. What is it that made them desire our offering? Why do they stick with us when there are other offerings out there? Why do people still flock to Apple for their products when there are other products out there that compete on the same performance as Apple? We need to understand why our customers love our offerings.
To do that there are tons of tools out there, but I recommend two. Surveys and testimonials are what I recommend. Surveys upon purchase helps in the later steps of the sales process as I teach, but also help get fresh feedback at the time of purchase as to why the customer decided to do business with us. This is fresh insight without outside influence and time that will allow our customers to forget. The other is testimonials. These testimonials work so great because of the law of “Social Proof” that others will follow because of that influence.
That is right, we need to be asking our current customers why they are doing business with us because this is the key to understand how and what we should be marketing. We will see a trend as well with all of the surveys and testimonials that will show us the path to our marketing strategy.
I know this seems backwards in the process, but our customers are the ones that can tell us the why so that we can structure out strategy. Many organizations fail to understand why the customers do business with them and march in a totally different direction leading to mediocre results. We need to understand so we can chart out course correctly to attract more of our tribe.
Answer that third question by asking questions to current customers will allow us to win at this marketing game. Especially when there is so much noise out there to confuse and turn off customers.
Start today to understand your customers and then you will overcome the competition and stay out of the commodity arena!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
Why Building Customer Trust Is Important
Trust is a highly important question that has to be answered by us for the customer. If we don’t answer that question with our actions and words lining up, then the customer will move on down the road to our competitors that offer similar products / services.
Today we are talking about why building trust with the customer is important.
There are three questions that everyone asks about us when they meet with us. Every time! These questions are:
Do I like you?
Do I trust you?
How can you help me?
See that second question? Trust is a highly important question that has to be answered by us for the customer. If we don’t answer that question with our actions and words lining up, then the customer will move on down the road to our competitors that offer similar products / services.
Trust is extremely important with most of our major decisions. I define major decisions as decisions that cost over $500, or life changing decisions. Some use gut feelings, some use research, and some use advisors. The fact remains that trust is a part of every major decision. If we do not have trust, we do not act.
Today it is so easy to find options for a product / service that we need. Just hop online and do a quick search. When the customer is coming in to talk to us, they are trusting that we will help them. We need to make sure that we have that in mind when we serve the customer. We as sales professionals need to be showing up to serve the customer and being open and honest of where we can and can not help them. Focusing on how we can better grow the relationship and trust with that individual / organization.
Customers are not just looking for a transactional experience. They want to be known and heard. They want people that will advocate for them to find solutions that will benefit them the best. Customers want a relationship. We as humans are born to crave a sense of community and value. Customers want that as well. Why do you think there are so many Facebook groups out there today? People want community.
When people trust us, they share more information with us. Not their deepest darkest secrets, but they will share more and more as trust is built. I have had customers tell me about future RFQ’s that I could look forward to and worked with my teams to be more prepared so I was able to achieve success. That would not have happened had I not built trust with the customers.
To build trust I use a simple equation that I call the “Trust Equation”. It uses variable such as credibility, reliability, vulnerability, and selfishness and puts them into a simple equation to help us build trust effectively and quickly with customers. This equation also focuses on a long-term approach to building a great amount of influence with the customers.
Now, there is a great deal to discuss on trust such as how to build it, the different levels of trust needed depending on proximity to others, and how to keep growing trust. That is why I created the “Trustworthy” training to help people like yourself understand and build trust quickly.
If you’d like to check out it click here to be taken to the training. It’s worth the investment.
Today, lets make sure we are focused on building trust with our customers. John Maxwell says, “If you want to go fast, go by yourself, but if you want to go far, go together.”
Walk with your customer and you will reap greater rewards!
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”
What Is A Good Sales Strategy?
Most of the time the sales person is thinking on the fly and often falters when pressed for more details.
Welcome back,
Today we are going to go through what a good sales strategy is because this comes up quite often with sales teams. What is your strategy to win the sale? Most of the time the sales person is thinking on the fly and often falters when pressed for more details. This is also when the sales person is confronted that thinking on the fly is not going to work long term.
With the sales landscape ever evolving, sales people need to have a good sales strategy.
Here is what I have use as my sales strategy:
Have a plan to serve the customer with a process that walks with them through their five buying decisions
That’s my sales strategy. I want to serve the customer and walk with them through their five buying decisions in a way that allows them to buy the best product that meets their needs. In order to do this. I must do a few things.
I must build rapport and trust with the customer. If I know who I am meeting with, I can do research on them to learn about them and their families. If I don’t have that option, or want to learn more, I can ask questions. A great deal of questions to understand them and their needs.
The easiest way to build trust and rapport is to learn about customers. We need to make sure we are learning about the customer because if we are not doing so, the three major questions that the customer has will go unanswered. Do I like you? Do I trust you? How can you help me? These three questions if unanswered spell defeat for a sales person because the first buying decision for a customer is in fact the sales person. If we do not know, like, and trust the sales person, we are not going to buy from them. Especially when there are so many options out in the marketplace.
The sales person is essential in growing the product line. People buy from people.
To help sales people I have created “The Sales Process Uncovered,” to help the sales person use the roadmap on how to sell effectively to customers. It starts by asking a great deal of questions and the different types of questions needed to uncover the customer’s needs. This process has worked in different industries, in different markets, and B2B as well as B2C sales.
That is right I use a process to solidify my strategy. All the successful people use a process whether it for championships, expeditions to uncharted territories, or business. Even those amazing Navy Seals that are the elite of the elite use a process for preparing for a mission. Those individuals use a process to plan, action, review, and do it over again.
If you want to have a great sales strategy, you need to implement a sales processes that will help you walk with your customer. By doing so influence actually increases with the customer and if we do a great job selling, the customer will start telling others why they need to do business with us.
Who wouldn’t want that?
If we want to gain sales success, and achieve great goals, we need to have a plan and the easiest way to do that is have a process in place that is simple and repeatable for success.
If you want to gain some more insight about the sales process uncovered and how it can help you, check out the links below as well as the link to my video that talks about this subject as well.
The Sales Process Uncovered Online Training
The Sales Process Uncovered Live Training
The Sales Process Uncovered Book
Sincerely,
Kevin Sidebottom
“Businesses wonder why the majority of their sales teams struggle at winning profitable business. I teach your sales team to walk with the customer through the five buying decisions, and in the correct order to generate more sales with high margins!”