sales tips & articles

Improving success on your first call

Karen Andrews - Tuesday, January 24, 2012

Many salespeople looking to improve cold calling techniques tend to focus on the mechanics of the script or how to qualify but fail to look at whether they are getting a commitment from the prospect.

Telling a prospect what want to do and them agreeing, is not commitment, it’s just them agreeing to your process. Many sales reps seem happy that someone asks or agrees to be sent information and mistakenly think the prospect is interested and fail to get a commitment to follow up or a next step. More often than not it’s because the sales rep doesn’t want to push it or ruin it by asking for clarity and commitment as to the next steps.

A quick tip – if someone has agreed to receive information, they are not interested they just know it’s the quickest way to get a salesperson off the phone!!

Successful salespeople know that to gain commitment from the first call and get buy in this early in the process tells you so much about the quality of the sale and how quickly it will progress. When a lack of commitment is shown, it sounds warning bells that the prospect may not be that strong.

It’s important to understand that commitment is not the same as someone agreeing with you. Agreeing with what you have said or outlined is simply that – agreeing. Many salespeople make the mistake that because a prospect has agreed with them or even acknowledged the process the salesperson has outlined, that this is commitment.

Commitment is defined as “the act of committing, pledging, or engaging oneself” or “a pledge or promise; obligation”

For example:

Salesperson – “I can get the application form over to you by 3pm and if you get back to me by 5pm, I’ll have it installed by Friday”

Prospect - “Ok thanks, that sounds great”

There is no commitment that the prospect will do what you have said, all they have done is agreed with you.

You could instead try this

Salesperson – “I can get the application form over to you by 3pm, can you get it signed and back to me by 5pm so I can have it installed by Friday”

Prospect - “No, I can’t get it back by 5pm but I can get it back to you by 10am tomorrow morning.”

Here are a couple more ways to ensure your getting commitment from your prospects:

Committing to receive a follow up phone call – agree to date and time

“I know you’re extremely busy and I’ve got a crazy week coming up so why don’t we make an appointment to speak again. How does (insert day and time) suit you?”

Committing to an action – they do something for you prior to the next step or you do something for them
“Ok just so we agree, you will speak to your IT manager and get a copy of the specifications and his agreement in principle, so we can begin to develop the solution when we speak next week – agreed?

Committing to the next step
“Now that you have all agreed on the solution, what are the next steps from your side?

Committing to what they will buy, before they buy it
“I think we have everything covered and I’ll arrange for the paperwork we discussed to be sent over. Once we get the paperwork out of the way, how many licences do you think you will start with?
 
BEWARE!   These techniques will mean you have a lower volume of prospects in your funnel – yes less!!! No longer will your pipeline be full of time wasting, slow and low quality prospects. Instead, your pipeline will be filled with high quality, genuine sales opportunities that are well qualified and committed to the process – so you enjoy a higher rate of sales success.

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 process improvement, sales coaching and mentoring.

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Smooth Sailing or Storms Ahead ? How to use the Sales Pipeline to predict your future

Karen Andrews - Wednesday, May 05, 2010

I've spoken in the past about the Sales Pipeline and how to use it to increase sales but now it’s time to review it again to see just what the next couple of months will look like.

A sales pipeline is simply a forecast that you or your salespeople prepare monthly which lists the customers that are likely to buy in a given time frame, the value of the sale and when it is likely to close. It is an essential tool for business owners and sales managers to identify where you are and where you need to be in order to meet budget.

Even if the forecast is well below where you need it to be, at least you are aware of it and can take steps to improve it and stay on track. Don't wait until the 2nd or 3rd week of the month when you realise that sales are slow to come in and you need more because it's usually too late.

Typically, I usually ask for a forecast at the beginning of the month and then again on the 15th of the month to see how we are tracking.

The important thing to remember is to use a 'weighting'. You may $500,000 in your pipeline but it's very unlikely that you will be successful in winning 100% of them so the forecast will be inaccurate. A weighting is simply a % that you apply terms of the likelihood of winning the sale. Here is an example of how to calculate:



Using this example, the salesperson needs to add more sales into their pipeline to ensure they reach their sales target of $100,000.

As a guide to the Probability you could use

Initial Communication - 10%
First Meeting/Presentation - 20%
Proposal Given - 60%
Negotiation/Verbal Commitment - 80%
Closed - 100%

Most CRM/Database packages (I use ACT or Salesforce.com) include Sales Pipeline management but it can be as simply as listing them on an Excel spreadsheet. Here are a couple of examples from Excel to get you started

Solutions Sales:
http://office.microsoft.com/en-s/templates/TC011457101033.aspx

Product Sales:
http://office.microsoft.com/en-us/templates/TC011457181033.aspx

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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The simple truth to increasing sales; follow up, follow up, follow up!

Karen Andrews - Wednesday, May 05, 2010

Did you know that the majority of sales leads and enquiries do not get followed up more than once (which could be why your business has a low conversion rate*)?

To improve your sales or that of your sales team, develop a system to regularly check where each one is at and when they were last contacted. If you hold sales meetings, doing it at the beginning or end of each month is perfect.

Here are some statistics that I'm sure you will find most interesting:

  • 48% of sales people never follow-up with a prospect
  • 25% of sales people make a second contact and stop
  • 12% of sales people only make 3 contacts and stop
  • Only 10% of sales people make more than 3 contacts
  • 2% of sales are made on the first contact
  • 3% of sales are made on the second contact
  • 5% of sales are made on the third contact
  • 10% of sales are made on the fourth contact
  • 80% of sales are made on the fifth to twelfth contact
To ramp up some sales in the next couple of months, go through all the leads you have received over the last 3-6 months and either you or your sales people pick up the phone and call them. You will be surprised how many people haven't done anything, simply because no one has bothered to follow up and they have simply been too busy to do anything about it.


* Your sales conversion rate is how many enquiries you receive vs. how many you convert into customers over a specified time frame. To calculate your sales conversion rate follow this simple formula

Total No. of Sales/ Total No. of Enquiries x 100 = Sales Conversion

e.g. 80 sales / 120 enquiries x 100 = 66.67%

For for every 3 enquiries you will be successful in 1 sale, so you need to have 3 times the amount of your budget (or number of required sales) in your pipeline at any one point in time.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach, Strategist 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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Strategies to give your sales a BOOST in 2010

Karen Andrews - Monday, February 01, 2010

Well the holidays are definitely over and everything is back in full swing, with most of the people I'm coming across brimming with positivity and confidence about the year ahead. As always at this time of year, it's important to re-evaluate your goals and what you want to achieve this year.

Remember, if "nothing changes, then nothing changes" so it's important to reflect on what worked last year, what didn't work and what you will do differently.

I am currently recommending to my clients that they do some analysis on their existing customers, what revenue they have brought in, what they have bought and what opportunity there is to cross sell and upsell.

Many people spend so much time and effort trying to generate new sales that if they simply focused on cross-selling or up-selling to existing customers, the same results can be achieved.

Besides, you can find new customers from referrals within your existing client base.

Here is a couple of quick tips to help you build your revenue in 2010.

1. Analyse your Customer spend


Analyse your customer database and find out what percentage of sales each customer contributed to the overall revenue. Classify your customers into A, B and C level depending on the spend, percentage or value to the business.

Dig deeper and list out what products or services they bought and what else they could get some value or benefit from.

2. Love your Customers

When was the last time you sat down in front of your customers and had a strategic business discussion regarding plans and goals? tMake appointments with all your A class customers and those B and C customers that are valuable to the business or have the potential to grow and ask them

- what does 2010 have in store for your business?
- what are the goals of the business this year?
- how can we make dealing with our business easier?
- is there anything else we can do for you?
- are you aware we also offer (insert new product/service)?

We often take it for granted that our customers know all about our business and the products and services we offer. Take the opportunity to inform them of your plans for the year and what products or services they aren't buying that you feel they could benefit from, and why.

3. Develop an Account Management Plan
Based on your A, B and C tiers develop a plan on how often each of tiers should get a visit from yourself or your salespeople. This will strengthen or improve the relationship and help to keep competitors at bay. The goal should be to have not just satisfied customers but LOYAL and satisfied customers. The frequency of visit depends on the type of business you have but as an example:

- A Class must be visited at least 4 times year
- B Class must be visited at least 2 times per year
- C Class must be visited at least once per year or at least proactively contacted by phone

4. Go back in time

Go back through your records and do a comparison of sales from 2008 to 2009 (calender or financial year, whichever is appropriate). Are there customers that have reduced their spending? Are there customers that stopped spending with you?

Just because they haven't bought from you last year, doesn't mean they don't need you this year. Pick up the phone, make an appointment and get back in contact with your old customers

5. Never underestimate face to face time

Although we live in a time of technology, where just about everything can be done without meeting face to face, never underestimate the value of sitting in front of people. It may seem like a time-consuming, costly exercise but I can just about guarantee that sales will be made (and quicker) when you sit in front of new and existing customers.

It might seem easier to email a proposal but how many times do you play phone tag, wait for them to cal you back and suddenly two weeks has gone by and your still waiting to talk to them? When you sit in front of someone and present your solution in person, you have their complete attention, you can answer any questions and determine their readiness to buy. It really does improve your conversions (quote to sale ratio) and speed up the sale.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach, Strategist 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

* quotes were supplied by K. Rosen at allbusiness.com

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Am I being a pest when I follow-up?

Karen Andrews - Sunday, November 15, 2009

Did you know that one of the biggest gripes against salespeople by decision makers is the lack of follow up?

Many people resist following up because they find it uncomfortable and don’t want to seem pushy or annoying and many people don’t follow up because they simply forget. This lack of follow-up presents a great opportunity for those who are organized and take the time to do it.

Follow-up is important because

  • It lets people know you are interested and that you care
  • It’s shows your level of commitment
  • It keeps the relationship progressing
  • It provides opportunities for new discussions and new ideas
  • It reminds people you are out there and available
  • It shortens the sales cycle
  • It saves people time
  • It leads to sales!
Some people walk a fine line between following up and being a pest so it’s important to know when enough is enough.

When cold calling, follow up can range from one to six months depending on the interest level, time of year and budgets (to name a few). Follow-up is not about pushing your products or services but rather developing a relationship and ‘earning the right’ to do business with people. When following up, don't simply call to "follow up”, add value in every call and think about what you want to say prior to picking up the phone. Is there something newsworthy that you can discuss that applies to them? Perhaps a success story with a client you've worked with? For example:
  • "I was just thinking about our recent conversation and I have some new ideas that I'd like to share with you regarding how our [product/service] may actually complement and enhance what you're currently doing, especially when it comes to [state benefit/end result they could realize]."
  • "I was thinking about another client who was in a similar situation as yours and thought that you might be interested in hearing about how we were able to eliminate the challenges they had, such as [state some problems your product/service could eliminate]."
  • "We've made some interesting changes to our [product line/service/programs/packages] and thought of you and the results you were looking to achieve. There may be a great fit here worth exploring in more detail so that you can [state compelling benefit]."*
There are many, many examples of large sales being made after 6-12 months of calling just to get an appointment to discuss the opportunity, so don’t give up after the first call.

If people insist that they have no need for services and do not anticipate ever having a need, ask if they would like to be included on your mailing list so you can send them interesting information, tips (just like this one)and to keep them abreast of changes in your business or your industry.

If you need to follow-up after a client meeting, I find the best approach to take is to ask them when is the best time to call. This is particularly relevant if you need to follow-up a quote and you’re not sure when they will be making a decision. For example – Client “I need to look over your proposal and will give you a call once I’ve made a decision”. Sales rep “No problems, if I haven’t heard from you by Thursday (I usually wait 2-3 days) would you mind if I gave you a call?”

By taking this approach you are being told when to follow up and have been given permission to do so – it’s efficient, removes any discomfort of follow-up and it works.

Remember, follow-up takes organisation and good record keeping – not a good memory. There are a number of great contact management (or CRM) systems that will keep a record of all your interactions and allow you to enter follow-up calls or tasks. Many of these programs integrate with your Outlook calendar and your handheld so you can enter reminders in the office or out on the road. I use ACT by Sage to enter all my meetings, phone calls and reminders, which synchronises with my Blackberry. No matter where I am I always have access to my diary, my reminders and all my contacts. It’s fantastic when I need to follow someone up on a particular day that may have been weeks after the initial meeting.

So, impress your prospects and your clients and earn the right to do business with them; it highlights your commitment and your interest in having them as clients. You will be amazed at the results and just how much you stand out from the crowd.

This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach, Strategist 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

* quotes were supplied by K. Rosen at allbusiness.com

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Handling Sales Objections

Karen Andrews - Thursday, July 23, 2009

Objections are simply reasons or concerns that a prospective client has as to why they won't make a decision when you want them to. You will hear statements such as:

• Sounds good, let me think about it
• It sounds great but not just yet
• We do this already
• We don’t get any complaints
• Our reps do that
• I’m really busy at the moment and just haven’t had a chance to look at it
• I need to speak to my partner before I can make a decision
• I’ll have a look at it and get back to you in a couple of weeks.

There are many reasons for objections and they are not always negative. Objections are a great indicator and qualifier as to whether you will get the sale - depending on how you handle them at the time. The best way to avoid objections is to ensure you ask the right questions in the first appointment that uncovers your prospect’s real need. This ensures that you are making the right recommendation and can talk about the related value and benefits this solution will address.

The more work you do up front understanding their needs and what they would like to achieve, the less you will have to deal with objections.

Firstly, hear them out don’t interrupt or try and answer their concerns before they have a chance to finish. When they have finished, acknowledge the concenrn by saying "I complete understand how you feel. Some of my best clients felt that way also" or “I completely understand how you feel, this is a big decision and it makes sense for you to think about this."

Secondly, you need to be sure that the objection they give you is 'really' the reason and if you provide a solution to that problem, they agree to buy from you (this way it's a win/win).

For example: “The Price is Too High”

“I understand you might feel that way. If you don't mind me asking, if price wasn't an issue or we can agree on a price that suits your budget, do you feel this is the right solution/product/service for you?  or  “if we can agree on price, is this something you could order today?”

Additionally, if they seem reluctant to move ahead, keep asking questions to find out why. You might say something like:

• “Is there something else we should talk about?”
• “Is there anything else I can do to help?
• “What needs to happen before you’ll be ready to make a decision?”
• “Can you tell me what your hesitation is?”
• “When do you think you will have a chance to look at it?”
• “If I don’t’ hear back from you by Friday, would you mind if I give you a call?
• “A couple of my clients thought the same thing, would you be interested in speaking to some of our clients to see what difference we are making to their business?

If the customer is willing to move forwards but at a slower pace, you can propose a lesser commitment than the one you originally asked for. Try to get the best commitment that customer is willing and able to make that day.

If you can’t get a customer to make a decision or commit to a next step, try to get a date by which a decision or commitment will be made.

Reminder:

The notes you made on the first appointment will be critical to the objection and closing process and I strongly recommend you have those on hand for each meeting with the prospect. These notes give you the ability to remind the client of the benefits they were looking for by implementing your product or service as well as other information such as problems and challenges that they were hoping to reduce or remove altogether.

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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Tips on how to present a Proposal or Quote

Karen Andrews - Wednesday, July 08, 2009

Many people in business and in sales find discussing price very confronting and very uncomfortable, yet it' one of the most important aspects of the sales process and can be a significant indicator as to whether you will be successful in winning the business. Whether you prepare a written proposal or a simple one page quotation, whatever you do, don't try and avoid discussing the number that is on the page or skip over it onto something else. It's is one of the most significant factors that influences the buying decision and you want to make sure that your prospective client understands what tangible and intangible benefits they are getting for their money.

I have compiled a list of tips that will help you win more sales and to win them quicker but also to help reduce any anxiety or discomfort when talking about price.

  1. Avoid nasty, uncomfortable surprises when the price is discussed or when you ask for the business. Before you start discussing the proposal, ask if anything has changed since your last meeting.
  2. Insert a “Current Situation” or “Executive Summary” to the beginning of your proposal. A short summary of the first meeting to demonstrate your understanding of the business and what they would like to achieve
  3. Where possible, present your pricing in person rather than sending via email. It may seem like a waste of time but it gives you the ability to read an immediate reaction to your proposal and your price. It also saves you the time and hassle of having to phone them later and ask if they would like to proceed.
  4. Take a copy for each person in the meeting, however, have ONE copy that is not stapled or bound.
  5. Present one page at a time to the person or the group, taking the time to reinforce the key points in each section. This allows you to talk about the value you can offer and the benefits of dealing with your business, before it gets to price.
  6. Close the sale. Don’t let the opportunity go by because you feel pushy or are worried they might say no. If you don’t ask, you don’t get. Besides, they might have been meaning to call you but have been caught up.
  7. If you are uncomfortable asking for the sale, use an Assumptive Closing technique. For example: “to get started all we need to do is” or “if you could send over the files, I can go through them” or “I’m free on Wednesday, if that works for you”.
  8. Read a book on Body language. Having the ability to read a person’s reaction through their body language is very useful when presenting pricing and negotiating. You can immediately see a positive or a negative reaction to the price.
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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Achieve your Sales Targets with your Sales Pipeline

Karen Andrews - Friday, April 03, 2009

Being aware of and managing the amount in your sales pipeline each week, fortnight or month can have the single biggest impact to achieving your sales consistently from month to month and quarter to quarter.

It is an important forecasting tool that all businesses should use even if they don’t have salespeople, as it clearly shows how many sales to expect and when to expect them.

If your not sure what a Sales Pipeline or Funnel is; it is simply a list of all the prospective customers that have indicated some interest in buying your product or service. They will all be at different stages of the sale depending on their interest level and buying cycle and some will drop eventually drop out.



Information such as total sale value, probability of sale and expected close date should also be included to complete the picture.

The term “funnel” is used because you need to continually fill the top with new opportunities to ensure you have an even and consistent flow of closed sales coming out the bottom. The stages can differ from business to business (i.e. can be simpler with fewer stages), depending on how you sell to customers and what the buying cycle is.

It is important to make sure the funnel is always being topped up with new opportunities, that prospects are moving through the stages and sales are being closed. When you need to close some sales quick, it is easy to identify who is the closest to making a decision (thus easiest to close) by looking through prospects in the negotiation or solution evaluation stage.

The sales funnel is a great tool to help you determine if you have enough prospects and to reduce the impact of lost or delayed sales on meeting targets. It’s all in the numbers and that’s why sales is called a ‘numbers game’. To work out how much you need, follow my example:

  1. Start with your monthly sales target, lets say it is $25,000.
  2. Work out what the average sales value is, even if it is a rough estimate.
  3. Determine your sales conversion i.e. of all the first meetings you had or enquiries received how many of those where you successful in ‘converting’ from prospect to customer. e.g. If you received 20 enquiries and made 5 sales, you have a 1 in 4 sales conversion rate. 
  4. So you will need ‘4 times’ the amount of your monthly target in your funnel at any time. If we go back to the example, you will need $100,000 worth of quotes or opportunities.

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!

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How can I make cold calling easier?

Karen Andrews - Friday, April 03, 2009

Typically a cold call is the process of approaching prospective customers (called prospects) typically by phone but it can also be done face-to-face (via door knocking). The term 'cold call' is used because the person you are contacting has not asked you to call, is not expecting it and is not known to you.

Cold calling can be a legitimate and successful way of generating new business, if it is done correctly and professionally. This article refers to 'business to business' cold calling to generate an appointment rather than make a sale over the phone.

  1. Use a friendly, conversational approach rather than a cold, direct approach.
  2. Don’t try and sell on the phone; you can’t. You can, however, get a meeting or permission to send information.
  3. Talk about how you can help that business or how you have helped other business. Don’t try and sell to them.
  4. Name other clients that you are working with who are in a similar industry or who are a similar size to the company you are calling.
  5. Set a goal for each phone call. Would you like contact information, a meeting or permission to send information.
  6. Write down all the possible objections that you are likely to encounter and have an answer ready for them.
  7. Target a particular Industry at a time so the script can be adapted and modified to their current situation, challenges or problems they may be experiencing.
  8. Always treat Assistants, Personal Assistants and Executive Assistants with respect; they have the power to get you in or keep you out.
  9. If you get through to the right contact and they sound busy or harassed ask them “is now a good time to talk?” should I call you at a later time?
  10. Make your calls from 9.30am to about 11.30am and then start again around 2pm and go through till 4pm.
  11. Set yourself a call target rather than a time target, it makes it easier to achieve.
  12. Don’t leave messages; it is rare that anyone would call you back.
  13. Ask or appeal for help rather than just going straight into a spiel.
  14. Don’t be fooled into thinking that a person asking you to send information means they are interested...they are simply trying to get you off the phone!
  15. If you send information by email make sure you follow it up the next day to confirm the person received it. This gives you the chance to ask them if they have any questions and gauge their interest in meeting.
  16. Try and do your calls in a block of time, one after the other, after the other. After you have finished 10 calls, for example, then send out information or do follow up. This saves you reliving the ‘fear’ or the ‘pain’ of picking up the phone. After about 3 or 4 calls you will have established a habit and you will be much more confident.
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.

Stand out from the crowd when you cold call with our Do-It-Yourself Guide to Cold Calling.Click here for more information.


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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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?

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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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