Showing posts with label sales excellence. Show all posts
Showing posts with label sales excellence. Show all posts

Friday, 10 May 2013

Are you (really) listening to me?

It’s a busy old world, and we are bombarded with so much information coming from many channels of communication. Much of this is one-way and we are just passive recipients. We are ‘talked at’ and it’s hit and miss whether we actually listen to and act on what we see and hear.

And that’s a very big problem, especially when you are actually speaking with someone.

I’m sure you’ve all met someone who can’t wait to talk about themselves and what they do. When you talk, they seem to tune out and if you say you’ve done something, they’ve done something similar or usually better. This maybe because they want to appear superior, or it could be because they haven’t learned how to listen.

With these people, it’s difficult to get a word in and after a while you tune out and just let them get on with it. You take little if any notice of what they are saying, and you take your leave as soon as you can. These are very irritating and boring people!

In selling there is no greater asset than listening 
Listening is the way you learn what challenges the buyer faces, and it’s how you uncover their needs and motivations to buy. But many salespeople still believe that telling their story to as many people as possible is what it takes to succeed. Where you directly interact with people in a sales situation, listening should be your number one priority.

Asking questions is the precursor to listening 
The best way to start a conversation is by asking a question. This will deliver a response that you listen to and act on. You can then either ask a qualifying question, or tell the part of your story that’s relevant to that point. 

Notice I said “relevant to that point” because that’s key. This isn’t an invitation to start a monologue, this is an opportunity to find a point of mutual interest and develop the conversation further. And the best way to do this is … you guessed it … to ask another question! Then you listen to and respond to the answer.

You maybe reading this and thinking “this is so obvious” and that’s the whole point - it is! And that’s why I’m always surprised, and a little irritated when I meet someone who obviously either doesn’t want to, or hasn’t learned how to listen.

Listening is an essential skill in any walk of life from personal relationships to the way we work with colleagues and business contacts. 

Listening is a skill that can be learned, but you must work at it. Think about how you operate. Are you really a good listener? Be honest and ask others how they rate you as a listener. 

You maybe surprised at the answer - that’s of course assuming you’ll listen to it!

Tuesday, 5 February 2013

The key to success in sales is ... Asking Great Questions!


There is an urban myth that great salespeople are good talkers but in reality, the opposite is true. Great salespeople are in fact wonderful listeners.

Sales Conversations
They ask excellent, incisive questions that uncover the information that helps them to solve problems and win business. The key skill needed here is called Fact Finding and Qualification (FFQ).

Understanding where you are in any sales cycle is critical to your success. It’s an ongoing process to ensure you are spending your sales-time wisely; with someone who is interested in what you sell, and has the ability to make a decision to buy. This is why FFQ is so important. 

At the heart of FFQ is the ability to ask the right questions and the best way to do this is in a conversation. And remember, a conversation is a dialogue, not a monologue. This is where many salespeople fail, because they try to talk a prospective client into buying. 

Grilling someone to demand information on budget, timescale and decision making process on an initial call is a very bad idea. One of the keys to success is to establish rapport and build trust. And you only really do that by sharing information and delivering on your promises.

The questions you ask will depend on what you are selling, but as a minimum you must understand the following;

  • The problem they are trying to solve (this is what drives a decision to buy) 
  • What is driving the urgency (this is the motivation to take action)
  • How they make a decision (the process, people and criteria they use to decide)
  • When they will make a decision (this is related to urgency)
  • What you need to do to win (unless you now this you have no plan ... and that's very bad!)

When you think about it, FFQ is something you should do all the time. It makes sense really because the more you know about the people you do business with, the better you can serve them. And that's ultimately what drives strong and sustainable sales growth in any business.


Thursday, 31 January 2013

Thinking differently about how to succeed in business

A business that’s in balance has a clarity and simplicity of focus. 

It develops great products and services and There's a laser-sharp focus on building relationships and winning business. There’s almost an obsession to provide excellent customer service. 

And because everyone shares a determination to continually improve, achieving success is that little bit 
easier.

To do this requires a different way of thinking, and that’s where the Holistic Sale comes in. 

This is a model of best practice business development processes, strategies and actions based on decades of research and experience.

It’s an integral part of the Ithaka Leadership Development Model, and we use it to identify the underlying causes of underachievement in performance.  Then we provide with the right mix of training, coaching and mentoring to help you achieve your true potential.

Learn more about the Holistic Sale Model 

Tuesday, 15 January 2013

Is Social Media killing the art of the sale?


You’ve read the book, seen the video and maybe even have the T-shirt so you know how the story goes … “This is Sales 2.0. and we will build momentum by using Social Media, Sales Automation and CRM to reduce the cost of sale and improve sales productivity.” This sounds great in theory and some businesses think the technology can and should take over. I don’t.
This approach may work well when selling to consumers, but selling in the business (or B2B) space is different, because trust and credibility are even more important. The strength of a story and the way you tell it, plus an ability to build a relationship can best be achieved by direct human contact. This can, of course use technology called a telephone or a video conference call. Face to face is not always possible, but it is still the best way to connect with others.
We all know that automation is excellent at making mundane tasks more efficient, but some businesses have taken this to extremes. They have lost that human touch. And it’s getting more complicated as Sales Automation and CRM systems connect with Social Media platforms to build automatic sales engagement models. Maybe the aspiration is to do business without having to make a sales call, give a presentation or even shake someone’s hand!
Many businesses use systems to ‘process’ potential buyers. They send auto responder emails at certain stages based on the actions people take. They only actually make contact with those who jump over enough hurdles at the right time to warrant a call from a human being.
The real danger in all this is that while you wait for the buyer to reach a certain stage of ‘sales readiness’ the opportunity may have passed. Either they are fed up with receiving obviously system generated emails, or a competitor beats you to the punch and has already engaged them in conversation.
Evidence shows that this automated approach is becoming less effective. According to recent findings, trust in online content including blogs and tweets is plummeting fast. Marketing-speak is widely used and most platforms have now become bloated advertising channels. It’s easier than ever to build a following of thousands on Twitter, LinkedIn and Facebook, but what does this prove? Is this an endorsement of the quality of your brand, or evidence that you know how to use Social Media to maximise your exposure?
I’m not a Luddite though because I’ve spent all my working life in the technology space, so I know how it helps people become more efficient. The problem arises when it’s used as a replacement for human interaction and this is happening more and more.
During my career, I’ve used various sales processes that were far too complicated and convoluted. The emphasis was on ‘strategic selling’ by building power maps, identifying buying personas and preference grids and looking for blind spots and red flags. Many processes have now been automated and systems tell salespeople when they should actually call someone. It sounds crazy and it would be funny if it wasn’t true.
I’m not saying you don’t need a sales strategy because you do, but it should be as simple as possible. While some businesses spend far too much time strategising and waiting for the system to tell them the time is right, others are seizing the initiative and actually talking with people. 
Let’s be very clear here, the ability to build trust, inspire confidence and develop deep and meaningful relationships can never be achieved by a sales process or a piece of software. People will always make the difference.
Social Media and automation definitely does have a place in business because it enables us to connect with many people at the same time. It’s excellent at building a profile and sharing ideas, but don’t rely on it as your primary means of sales communication. Don’t allow it to dictate how and when you engage with people. Use it to share your big ideas and attract attention and when someone shows interest, call them and start a conversation. That’s where you make a connection and that’s where the selling starts.

Saturday, 12 January 2013

A new way to think about how to create sales success


"Reinventing the Sale" is a book by Ithaka Leadership Development Director John Rees, which is based on one simple fact - the nature of business has changed but many businesses haven’t adapted. 

In today’s globally connected economy, buyers have access to more information about you than ever before. They have the power to make or break your business unless you provide exactly what they want, when they want it.

But many companies don’t realise this and they still rely on the old ways of sales and marketing. Either they don’t know how to adapt, or they refuse to believe there has been such a fundamental shift.

To succeed you must be fast to serve or face extinction, and the way you do this is by reinventing the way you sell. Essentially this means simplifying the way you do things to make it easy for people to do business with you. 

It sounds simple, but in reality it’s hard to achieve and that’s where this book will help. It’s based on the Holistic Sale model which looks at a business as a whole, to identify the real reasons why sales performance falls below expectations. It then addresses these issues with best practice processes.