Professional Documents
Culture Documents
S E L L I N G & N E G O T I AT I O N
BY-BRIAN TRACY
PRESENTED BY-
CHITWANT TAHALYANI
(Temporary Brian Tracy)
ACTIONS WITH
THINKING &
PLANNING IS A
REASON BEHIND
EVERY GREAT SUCCESS
IF WE TALK ABOUT
SELLING 20-30 YEAR AGO
SIMPLE
SIMPLE SELLING
P RO D U C T
SIMPLE
S E RV I C ES
SIMPLE
A.K.A CO ST U M E R
ONE CALL
SIMPLE
SELLING OFFERING
AIDA MODEL
A I D A
VERY SIMPLE
IT WORKS IN RETAIL
IT WORKS IN D2D
NO N EED TO SEE THE PROSPECT
SALES
S I T U AT I O N ASK LOT OF
A N A LY S I S QUESTIONS
S
PROBLEM CUSTOMER BUYS TO
P IDENTIFICATION SOLVE THE PROBLEM
ASK QUESTIONS TO
I I M P L I C AT I O N DISCOVER DEPTH OF
PROBLEM
N
HOW MUCH CUSTOMER
N E E D PAY
IS READY TO PAY TO
OFF SATISFY HIS NEED
SITUATION ANALYSIS
PLANS
RELATION CREDIBI
TRUST BONDING FO R T H E
-SHIP -LITY
FUTURE
1 : 2
A B C
CURRENT STEP TO GET DESIRED
S TAT E FROM A TO C S TAT E
W I T H A N A LY S I S
I M P L E C AT I O N
C R I T I C A L PA R T W H AT W I L L B E T H E C O S T
OF SELLING OF THE PROBLEM
H A R D M O T I V AT O R V / S S O F T M O T I V AT O R
EXPLAIN THE
BENEFITS
PURPOSE OF ASKING QUESTIONS
• To know the real problem
• To explain implications
• To develop real value to the solutions
• To develop a skill of asking best questions
• Best sales person ask best questions
• They prepare in advance
• They repeat the same thing again & again
TWO RULES OF SALES
DATE PLACE
PERSONAL SALES PLANNING
• Company’s success or failure is measured by the step
called selling
• Always consider yourself as a president of the company
• Have a feeling of ownership while working for the
company
• Always consider that you are not working for any
company. You are self employed
• As per survey, only 3% employees have the feeling of self
employment even working for some other company
Y ' S
RESOURCES
P AN
O M
C
F GI E S
E O E OPPORTUNITIES
S RA T
O
RP ST
PU
PEOPLE CAPITAL
IZ E
A N
R G
FURNITURE'S &
E - O
FIXTURES ETC. R
RETURN ON ENERGY
PHYSICAL
ENERGY
EMOTIONAL
ENERGY
MENTAL
ENERGY
RETURN ON LIFE
G O S P A
GOAL OBJECTIVES STRATEGIES PLANS AC T I V I T I ES
COMPANY’S COMPANY’S
REPUTATION CUSTOMERS
IMPORTANCE OF RELATIONSHIP IN SELLING
• Relation is hard to form
• Relationship is easy to maintain
• Decision to buy, is a decision to enter into business marriage
• Lots of alternatives are available
• Give and take relationship
• If you want appreciation, first give them
• If you want to be admired, first admire others
• Relationship is more important then product or service what
we sell
LAW O F INDI REC T E FFO RTS
WE GET EVERYTHING
WHAT WE DESIRE,
WHETHER TO GET
DIRECTLY OR INDIRECTLY
FOUR CRITICAL FACTORS IMPACTING SALES TODAY
• Sales are larger RISK
• More people are involved
• Longer life of the product MAJOR
FAC TO R
• Whether customer is a first timer or not
BUILDS BUILDS
LISTENING TRUST RELATIONSHIP
E S
U C
RISK E D
R
F I V E T H I N G S TO I N C R EA S E
E F F EC T I V E N E S S
•ASK GOOD QUESTIONS
•LISTEN ATTENTIVELY TO THE ANSWERS
•PAUSE BEFORE REPLYING
•QUESTION FOR CLARIFICATION
•FEEDBACK
R U L E S O F S A L E S R E L AT I O N S H I P
• Sales began when customer says “YES”
• Understand this- we don’t close sales, we open relationship
• Customer expects- after sales you will give something in return
• Do something to reassure the customer that they made good
decision
• Send the thank you note
• Give special attention after the sales
• Set-up a regular call back schedule
WE CONSIDER PRICE
IS THE MOST A S P E R H A R VA R D
IMPORTANT FACTOR RESEARCH, 94%
SALES ARE NON
PRICE PURCHASE
O N LY 6 % O F T H E
SALES HAPPEN ON A
PRICE BASIS I.E. WE CONSIDER PRICE
COMMODITIES & IS THE MOST
HIGH END GOODS IMPORTANT FACTOR
ATTRIBUTES MORE IMPORTANT THAN
PRICE
QUALITY DELIVERY INSTALLATION
RESPONSIVENESS
FOLLOW-UP
SERVICES TERMS
SUPPORT
PEOPLE DON’T BOTHER ABOUT PRICE
WHEN
HIGH
DESIRABILITY
SCARCITY
URGENCY
ID EA S FO R WI NNI NG T HE
P RI C E WA R
• Offer easy ownership • Give short delivery time
• Offer easy problem free • Demonstrate your knowledge
relationship • Make regular calls
• Emphasis on reliability & • Offer total product services
dependability
• Explain the reason for high
• Be a man of the word price
• React quickly • Offer technical education
NEGOTIATION
NEGOTIATION IS A TOOL
WHICH SHOULD BE USED
ALWAYS LATE
PURPOSE OF NEGOTIATION
TO REACH ON AN AGREEMENT,
SUCH THAT ALL THE PARTIES ARE
SATISFIED TO THE POINT THAT
THEY ARE WILLING TO SHARE
THERE CONFIDENCE
R U L E S O F N E G O T I AT I O N
AVOID DELAY
NEGOTIATION NEGOTIATION
SHOULD
HAVE THE
AUTHORITY NEGOTIATION
EXPEC T PRICE
IS NOT
RESISTANCE
SUBSTITUTE
WIN-WIN
C O M
P R O
M I S E
L
O
O
S
E
L
O
O
S E
L
O
O
S
E
W
I
N
W
I
N
L
O
O
S
E
PREPARATION FOR
NEGOTIATION
●
Anticipate the customer
position
Anticipate
●
Lawyer Method
QUALITIES OF GOOD NEGOTIATORS
• Understand everything is negotiable
• Feel free to ask for better price
• Feel free to ask for better quality
• Feel free to ask for better services
• Future belongs to askers
• Law of cause and effect
• Be nicer
• Be friendly & extrovert
• Focus on your areas of strength
K E Y N EG OT I AT I O N T EC H N I Q U E S
• Great negotiators ask twice as many as poor negotiators
• People are persuaded more by questions then their answers
• Questions give you a lead
• Questions uncover flaws
• Useful to reveal strategic information
• Questions control the discussion
• Questions give you time to think more in depth
S U M M A R I Z E
• Time is the critical factor in selling & negotiation
• Negotiation is the last tool of selling
• Delay decisions whenever possible
• Always have authority to decide the price whenever you are in negotiation
• Don’t give discounts and concessions straight forward
• Always go prepared very well for the presentation or negotiation
• Follow lawyers & 20 idea method for preparation
• Ask as many questions you can
• Do follow-up
THANK YOU