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Chris Croft
The first definition of sales is helping the customer realise it’s worth spending the extra. On the
other hand, it’s finding out what they need, helping them to think about what they need, and
then showing that you can do it, showing that you can help them.
You go from the start along this Tightrope to the money, the sale, and the profit at the far end.
Note that it is not fall off the Tightrope. As you see, it is difficult in the way, because if you put
one step wrong, you are off the Tightrope and cannot get back on.
1. The first thing is to make sure that you prepare. If you turn up to a customer and you
haven’t prepared, suppose you get their name wrong, or you accidentally reveal that
you have no idea what their company does, you are off the Tightrope.
2. The next step is if you are late. If you turn up late, now some customers aren’t too
bothered, but some customers are and it is a percentage game. You don’t want to lose
half your customers. Make sure you are not late.
3. If they don’t like you. If a customer doesn’t like you, you are off the Tightrope.
4. What their needs are. What they’re looking for? Why you are there? Once you found
out what their needs are, you can then finally show them what the benefits are of
whatever it is you’re offering them. You do have to show them the benefits.
5. If you don’t discover the objections, then you are off the Tightrope, and sometimes,
they won’t want to tell you what their objections are.
6. If didn’t close. Ask for the order. Some fear probably because they say No, so, quite
often, salespeople don’t close. They just say, well, there you are, let me know. If you
decide you want to buy it in the future, let me know.
7. The final step is following up. If the customer says I need to check with my boss, we
cannot decide until April, why would you not phone them next week and say, what did
the boss think?
Process of selling
The old process of selling is a sales funnel that includes contact > qualify > present > close. The
main problem is time-consuming, time is important, present them and…very unpleasant,
Start with building up a relationship with the customer. The old process doesn’t involve any
relationships. In this step, the customer has to trust you, you’ve got to understand the
customer, and they need to like you.
The second step is to identify the needs that the customer has and to diagnose what their
problem is.
The third step is then to prescribe a solution.
The last step is to confirm and take an order.
Not to be liked: have you ever not bought something because you didn’t like the guy? I think we
all have. If it’s a product that we want, or a service that we want, why it matters whether we
like the guy or not? We don’t want to give our money to someone we don’t like. That
salesperson is probably only representing the company. We probably don’t have to deal with
him again. He/She represents the company, which is also important that he or she should be,
the best person that company can put in front of you. If you don’t like the best person they can
put in front of you, then, are you going like that company? Are you going to like their attitude,
the way they work, and the other people you are going to deal with in that company?
Book: How to win friends and influence people: Imagine that everyone you meet has got MMFI
written across their forehead. Not MFI, obviously that would be a furniture shop that, I think,
may have gone out of business now, but MMFI, which stands for “Make Me Feel Important”.
Everybody wants to be made to feel important.
How give everybody feel important?
Ask questions and Listen: tell me all about what you are doing, what are your needs, what your
business does, and what are the issues, etc. sales is all about listening and you should be a good
listener, not a good talker.
If you’re going to be a good listener, you have to ask them questions and get them talking and
then listen.
Benefits of being a good listener:
1. You can find common ground with the other person. What do you like doing in your
spare time?
2. MMFI
3. Makes you likeable
4. Learning
5. You’re in control
6. Avoids mines
Questioning funnel:
Book: The Inner Games of Tennis: it is not really about tennis at all. It is about the kind of
success in your life. They were various spin-offs following on from the book. There is one called
The Inner Game of Work. They said forget selling. Your job is to find out as much as you can
about the customer, and when you get back to base, you are going to be judged, and your
bonus will depend on how much you found out about the customer. That is all we want to
know. What happened was, they sold more. The reason for that is because they went to see the
customers, they asked loads of questions, they discovered lots of needs that the customers
had.
Finally, the questioning funnel starts off with opening questions like who, where, when, why
etc. or even tell me about. With open questions, you could get any answer. At the other end of
the funnel, you’ve got closed questions. These are Yes or No questions. For instance, If I could
help you with that, would you like to look at a possible solution? Or would you like to buy this,
or which will solve your problems?
The key part of the funnel is the middle question. Which is a probing question. You will get back
the useful information. So, if you open with me, tell me about your work, and the person says
Well, it is not too bad, although my boss is a bit funny. A good probing question would be,
really? So, tell me more about your boss. He or She said my boss is very moody and something
like that, and then you could say, well, what sort of things does he do? Oh well, sometimes he
comes in and he just shouts at everybody. Another probing question is: so, how do you handle
that? Or what do you think you should have done? The difficult thing about probing questions is
that you are improvising. Because you don’t know where the conversation is going to go. So,
you are improvising. The good news about probing questions is that they have a pretty much
standard format, which tells me more about that. Tell me through it.
Once you have found out enough, you can then summarise and start a new funnel. For
example, you start a new funnel and you say tell me about your spare time? and if the person
says, well, I am really into golf, you can go into a golf funnel and say oh, right? so whereabouts
do you play? And off you go. If you hate golf, you could just say, oh that’s good, and anything
else apart from golf?
Overall, the controller just sends them some bullet points. For the analytical, send them loads
of information, for the enthusiast, just send them, links to whatever it is that excites them, and
for the amiable, you got to send them birthday cards and things like that. So, adopt to the other
person, it’s really important.
The diagnosing part of the process: identify what their needs are, and trying to find out what
their problem is.
Don’t be tempted to stop questioning too early.
Bring a standard list.
Narrow down your pitch by asking their problems.
Narrow down with a menu.
Don’t worry, they want to be cured.
Keep passing it back.
Be assertive.
Find their needs then solve them.
I don't want to know about all the features and the benefits I get from them, because some of
those benefits are things I don't care about.
Objections are actually just a sign of interest. So, objections aren’t necessarily a bad thing.
Sometimes objections are not real, because people have this fear of commitment. They are just
worry, if we do buy it, afterwards we might think, oh no, what have I done? So sometimes
objections are just because the person’s too frightened to take the plunge and spend the
money.
Most car adverts are not actually to try to sell you the car. They are actually to convince you
after you’ve bought the car. That if you’ve bought the right one. There’s a thing called buyer’s
remorse. Where after you’ve bought something, you think, oh, what have I done? The other
reason is that they’ve still got the real one if they need it. They might try and fob you off with a
fake objection in the hope they don’t have to play their real card. Once they play their real card,
if you can answer that, then they are in real trouble, so they have to buy it. There might be
reasons where they may not want to tell you the real objection. If we can’t find out what the
real objection is, we can’t handle it. Price isn’t normally the problem.
Peeling the onion: you say “apart from that, is there any other reason?”
Example: if I could sort the price in some way, if price wasn’t a problem, then, would you buy
it?
You don’t have to say “apart from that” you could say “as well as that”
Example: As well as the price, because I know it’s a bit expensive, is there any other reason why
you wouldn’t buy it? And if they say “well, No, you know, it’s really just the price” then you
know that you do have to handle the price objection. But 9 times of ten, they’ll say “well, yeah,
the other problem is, you know, I’m still not convinced of the reliability or I’m just thinking it’s
going to be a bit hard to learn how to use it.
They know that if they say, well, its only price, that if you then handle price, they’ve got to buy
it. So, you’re forcing them, really, to come out with the real objection.
Price Objection
Probably you haven’t built the needs. Salespeople always worry about the price. Price isn’t the
deciding factor. If somebody says, oh, I’m not sure about the price. Your first thought should be,
it never is. So, the first thing to do is to peel the onion and say, “If we could sort the price,
would there be any other reason?” But suppose they say, no it really is price. Some answers are
is it the fact that they don’t have the cash right now, they can’t actually afford it right now, or is
it the actual amount that they can’t justify? And those are two quite different things. so, is it the
total amount, justifying the expenditure? Or is it just they haven’t got the cash? And clearly, if
they haven’t got the cash, you might be able to do some sort of a payment scheme.
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