sales tips & articles

Are you boring prospects with your questions?

Karen Andrews - Wednesday, May 18, 2011

Questioning or probing as it is also known, is one of the most important skills you can learn when dealing with prospects and customers. The ability to ask questions that uncover important information about a prospect’s needs, current supply and willingness to change is a strong characteristic of a ‘consultative’ selling approach.

When you ask ‘thinking, open style’ questions it can help you to win new business much quicker and with fewer objections. Additionally, when you help prospects to think about the needs of their business and to really think about current or potential problems or challenges they may face, they start to see you differently and understand the value you can add to them or their business.

This style of questioning provides an opportunity to investigate the prospect's strategies and goals, allowing you to align your product/service with the achievement of their business objectives.

Many prospects have a reluctance to change and think that the way they are doing things is fine. So when you try and tell them what to do or tell them what they are doing is wrong, they can offended and stop listening. However, if you ask questions that ‘probe’ into uncover hidden problems, needs or frustrations, it helps the prospect to realise, that it might be worthwhile investigating this with you further.

As I’ve discussed previously in my article “Are you asking questions that make your prospects think?” there are 2 types of questions: open questions and closed questions. It is very easy to get caught up in asking closed questions, which means you will have to ask a lot of questions to get the information you need and the prospect may feel as though they are being interrogated. Instead, ask open questions, that lets the prospect freely answer and provide you with whatever information they think you need, you can then clarify this by using closed questions.

Open questions need to be asked at different stages of the sale and for different purposes. There are:

  • Information Gathering Questions such as:
‘What do you think is causing the low morale?’
‘How many do you think you’ll be wanting?’

  • Opinion Finding Questions such as:
‘What do you think of that idea?’
‘How does that sound?’
It is better to say, ‘How often does that happen?’ (open) rather than ‘Does that happen often?’ (closed)
  • Closing Questions or asking for commitment:
‘How many would you like; 120 or 130?’
‘When will you have an hour for a presentation?’
‘Is there anyone else who would benefit from being in the presentation?’
‘When would you like to begin, this week or next week?’
At the end of the sale when you are asking for commitment, use might like to use alternatives rather than open questions. For example ‘How many will you need; 100 or 150?’ rather than ‘How many do you need?’

Open questions are used to gather information, closed questions are used to qualify this information and to ensure you have the correct understanding of the situation. This means that you will need to really ‘listen’ and pay attention to the answers for hidden or unclear problems, frustrations, desires and needs.

Happy Selling !

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses and sales teams to increase their sales through strategy development, sales coaching and mentoring.


 

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How to run a meeting with a prospect

Karen Andrews - Thursday, August 19, 2010

The purpose of the first meeting or discussion is to build rapport with your potential client and uncover as much relevant information about the business and their needs. It is also a chance for you to provide a brief introduction to your business and its benefits. Your goal is to determine if there is a need for or interest in your products and services and to get progress the sale to the next stage.

It is a well known fact that ‘people buy people’; we always deal with people we know, like and trust. For this reason it is always recommended that (where possible) you meet with prospects and customer in person to discuss their requirements. Additionally, when you meet prospects face to face it will not only help speed up the sale process but will help you to get more people saying yes.

The objective of the meeting is to determine ‘is there a need or interest for your product or service and would they be interested in receiving pricing?’

The way to determine this is through questioning, however, having purpose and a basic outline to your meetings will help you to stay on track, improve your confidence and keep to the objective.

When you meet with or talk to your prospects for the first time, it is important to include:

• The purpose of the meeting and what you would both like to achieve
• An introduction and background on your business and it’s benefits
• Questions that will help the prospect or customer realise a ‘need’ or desire to improve
• A call to action that progresses the sale to the next stage i.e. preparing a quote or proposal
• The next step

When you know this information you are ‘qualifying’ the prospect to ensure there is a need and interest in progressing the sale, however, it will also identify (very early in the sales process) if there is no need or interest, which is OK too. It is always better to know this after the first meeting so you don’t waste valuable time and effort chasing prospects that have little to no interest in using your products and services.

Note

It is important to include an introduction and background on your business that explains the benefits and value you can add and that gives prospects the confidence to do business with you. Your prospects may not directly ask you but they want to know how long you have been in business (or in the industry) and whether you are still going to be there in 6 months time. When you cover this information in your first interactions it will reduce objections and delays later on in the sales process.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and virtual sales management.


 

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Are you asking questions that make your customers & prospects THINK?

Karen Andrews - Thursday, April 02, 2009

Questioning or probing as it is also known, is most of the most important skills you can learn when dealing with customers and one of the most powerful. The ability to ask questions that uncover important information about a customer’s needs, current supply and willingness to change is a strong characteristic of a ‘consultative’ sales approach.

Most importantly, when you ask great questions it can help you to win new business much quicker and with fewer objections. When we help prospects to think about the needs of their business and to really think about current or potential problems or challenges they may face, they start to see us differently and understand the value we can add to them or their business.

There are 2 common types of questions you can ask: ‘open’ questions and ‘closed’ questions:

1. Open questions usually result in longer answers and are aimed at getting your prospects to think about the answer.

For example: “What plans does the organisation have to achieve...”

2. Closed questions can be answered with a yes, no or one word and are used to qualify the response to an open question.

For example: Do you have any plans at the moment?

The challenge in questioning is to ask more open than closed questions as it is easy to fall into ‘interrogation mode’ by asking lots of closed questions rather than a few strategic open questions.

Over the years I have met many people who are looking for help to close sales quicker and/or easier and the first thing I ask them is “what happened in the first appointment”, “what needs of the prospect are you meeting” and “why would this prospect want to buy your product or services?”

When we discuss their questions they are usually very surprised to find out that they are asking the same stock-standard questions that most people ask and they typically aren’t that interesting either. Imagine how repetitive and un-interesting it is for your prospects to be asked the same questions over and over again?

Ask yourself, “are you asking questions that all your competitors are asking or are you making your prospects think?”

Here is a quick test you can take to see if you are asking the same questions as your competitors or whether you are making them think. In your next appointment:

  1. Does the prospect start to give you a summary of the information you need before you have the chance to ask any questions?
  2. When you do ask a question, does the prospect answer it relatively quickly or do they take a moment to think about their answer?
  3. How often do you hear your prospects say “that‘s a great question, I hadn’t thought about that?”
As I said, asking great questions isn’t easy but once you start you will really notice the difference in your appointments. Spend 5-10 minutes before your next appointment thinking about the questions you will ask and write them down so you don’t forget them in the meeting!

Here are some to get you started:
  1. How will these issues impact the organisation in the future?
  2. How do they impact you?
  3. What do you look for in a potential supplier (or partner)?
  4. What do you like about your current supplier?
  5. What do you like about them?
  6. Is there anything that you don’t like?
  7. What would make you change suppliers?
  8. How would you like to see it working (perfect world)?
  9. What is your decision making process?

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

* Easy ways to increase your sales and grow your business
* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

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This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.


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Sales Tips for the First Appointment

Karen Andrews - Monday, November 10, 2008

It’s all about planning and preparation

It’s amazing how many sales people and business owners I talk to who under-estimate the value and importance of planning and preparing for a first appointment.

In the early days of my sales career making this change had the single biggest impact to my sales success. Besides, there is nothing worse than leaving an appointment without having the information you require simply because you forgot to ask the question.

The objective of the first sales meeting is to build rapport with the buyer and understand not only their needs but the priority of these needs.

Planning your appointments and taking a strategic approach helps to:

  • Reduce the chance of surprises in the appointment
  • Create a more professional impression
  • Increase the likelihood of achieving objectives, and
  • Reduces stress
Take a couple of minutes prior to every appointment and think about:

What value are you offering your prospect by having this meeting? What’s in it for them?

What would you like to achieve in this meeting (keeping in mind it is often difficult to close the sale in the first meeting)

What situations or events are occurring in their business or industry that could create an opportunity for you?

What ‘high-level’ questions will you need to ask to uncover their needs, current problems or areas they would like to improve? For example
“What has prevented you from addressing the problem before and what has changed now?”
“What would be the consequences of not dealing with the problem at this time?”
Are there likely to be any objections or reasons that the prospect may not be interested in pursuing any further? If so, what can you say to overcome these objections and move it to the next stage?

Having a list of pre-prepared questions written down in front of you keeps your appointments effective and efficient, for both parties. Many of you may think this makes you look unprofessional, however, in my opinion the opposite is true. It makes you stand out from the crowd and shows the prospect how serious you are and how important this appointment is to you.

Explain at the beginning of the appointment, the reasoning behind it; that you don’t want any pertinent information to be missed or forgotten.

Having these questions written down will also help to:
  • Improve your listening skills. You give the prospect your undivided attention because you don’t have to worry what to ask next.
  • Keeps the appointment flowing in the direction you want and keeps everyone on track. Particularly if the conversation or prospect goes off on a tangent.
  • Obtain all the key information you need to move to the next step.
  • Keep you focused and stop you from “selling” too early in the appointment
As they are talking, make notes and highlight any ‘hot buttons’ or ‘key points’ separately that you will need to go back to. Do not interrupt and start ‘selling’ until you have finished asking all your questions, even when you hear something you know you can fix or when pressed by the prospect.

Interrupting stops the train of thought, stops them from sharing further information and stops you from getting a complete understanding of their needs and their priority of these needs.

When you have finished asking questions, go back and clarify anything that you need further information on to ensure your complete understanding. In addition, paraphrase the buyer's concerns to indicate your understanding, and clarify the problem that needs to be resolved. For example;

"So what you would like to do is improve the conversion rates of your sales team so all members are consistently meeting their budgets, is that correct?”

Once you have a complete understanding, you are ready to move to the next stage.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

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* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

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What to do when the sale stalls?

Karen Andrews - Thursday, October 09, 2008

How many stalled sales do you have in your sales pipeline right now?

You feel as though you have done everything right. You have connected well with your prospect, they have explained their business and relevant personal issues and you are working directly with the person who has the authority and ability to make the decision. They have given you all the right buying signals but the only problem is you can’t get them to sign on the dotted line and now they aren’t returning your calls.

In order to jumpstart a stalled sale, you must first diagnose the reasons behind it. The problem may not be that the sale stalls, the problem is that we just don't recognize it soon enough and waste valuable time and resources on dead-end opportunities.

Little connection to a critical business issue
How is your solution addressing a business issue for your customer or prospect? For each opportunity in your sales pipeline answer this question:

Why does your prospect want to buy this product or service?

If you cannot communicate how your solution can

  • Improve revenue, productivity, qualify or efficiency
  • Save time or money
  • Solve a critical problem, challenge or frustration that the business is facing
You can expect your sale to stall. Business owners and Senior Executives only spend time on matters that directly impact their business. If cannot identify a business reason and you want to jumpstart the sale, try to meet with your prospect again to discuss their critical business issues rather than your solutions.

Customers Are Busy
The end of a sale often becomes difficult when your customer or prospect stops returning your calls and emails, overnight. It appears as though they have lost interest and the sale has gone cold...Or has it?

Many of us find it difficult to get everything done during work day or experience unexpected problems which take our focus elsewhere and your customers are no different. In fact, the better the prospect the busier they are likely to be.

It is important not to panic at this stage and let the customer or prospect fall away or to annoy them with endless phone calls and messages.

Keep momentum by maintaining regular contact, acknowledge your client is busy and perhaps ask them when would be an appropriate day or time for you to call and follow-up.

"I Want to Think it Over"
When a customer says, "I want to think it over," this may not always be the case. Some are actually saying "thanks but not thanks" to avoid a potentially negative and uncomfortable situation and some genuinely do want to think it over or talk to their business partner. The important thing is to know the difference between the two.

Some people just need a little push and a little help to make the decision. They may find making decisions difficult and are afraid of making the wrong decision. To many, no decision is the best decision.

When the prospect says, "I want to think it over," it is important to acknowledge and respect what the client says. Smile and say "that's a good idea, this is an important decision and I completely understand your need to think about it" which will help the prospect to relax.

It important now to leave now or you will lose this person as a prospect and being the never-ending game of phone tag and follow-up.

Ask the prospect "Obviously you have a good reason for wanting to think it over. May I ask what the reason is?”

This gives you the opportunity to see how genuine the prospect is and to uncover their real concerns and objections and say “If we could do this, would that solve the problem?"

Fear of Rejection

A major obstacle to selling is the fear of rejection or criticism. This fear can jeopardize all your hard work as your sales simply slip through your fingers and go cold.

Fear of rejection is a genuine emotion that many people in sales experience at one point or another and can be overcome through practice and by changing your mindset about sales and follow-up. Sales is not about being pushy and arrogant, it is about you communicate your ability to help and solve problems.

Did you know that one of the biggest complaints consumers have about salespeople is that they don’t follow up?

Your customers are busy too, so making a quick courtesy call to see how the decision is progressing may actually be doing them a favour. Who knows, they may have been meaning to call you all along but have simply been too busy.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.

If you liked this article, subscribe to our monthly Sales Success ezine. You will learn...

* Easy ways to increase your sales and grow your business
* Simple strategies to sell yourself, even if your not in sales
* How to generate sales easier and quicker!

Enter your details at the top of the page or click here

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