Thursday, May 31, 2012

Make More Sales With On-The-Spot Thinking


Watch out for the impulse to “go back to the drawing board” when the prospect throws you a curve.

Inside, you’re dealing with your own desire to get out of a stressful situation when the prospect says that he or she has a need you haven’t anticipated or wants a different design element in the product you’re offering. You’ll want to retreat and regroup and come back another time with a different proposal, but resist the temptation. You are a professional, you know your product inside and out, so be ready to make changes!

Only after the prospect agrees that your product or service will meet his or her needs are you ready to bring up the subject of price and ask for the order. If you never get agreement on your product’s ability to satisfy the prospect’s needs, the price won’t make any difference, so don’t rush into it. Ask your questions, really listen to the answers, then ask the prospect to buy.

Creative sellers with open minds have an endless market for the things they sell. Some of us, though, actually have lots of ideas but are hesitant to use them because we’re afraid they won’t be good enough. The problem with that kind of thinking is that it puts the onus of judgment on the wrong person. The salesperson shouldn’t judge the merits of an idea—leave that to the prospect. If the customer thinks it’s good—it’s good! Put your idea in front of him or her using the best presentation skills you have, and let the prospect make the final judgment.

You’ll be surprised how often they decide they like your bright idea.


Dave Donelson distills the experiences of hundreds of entrepreneurs into practical advice for small business owners and managers in the Dynamic Manager's Guides, a series of how-to books about marketing and advertising, sales techniques, motivating personnel, financial management, and business strategy.

Thursday, May 24, 2012

How A Creative Sale Is Made


There are two kinds of salespeople, order processors and idea sellers. The first one serves a certain function in any business, but it’s the second one that will make the business boom.

Who are idea sellers? Salespeople who size up a prospect’s business and take them a proposal for a product or service to meet their needs. They plant the idea for the solution to a need in the prospect’s mind even though the prospect may never have acknowledged that need to start with. By doing so, the idea seller creates demand for his or her products.

Here’s an example:  Let’s say the prospect is an insurance agency and you, the idea seller, have a small business making gift baskets—those elaborate assortments of gourmet foods, trinkets, and colorful goodies that solve a lot of gift-giving problems. As a real idea seller, you will take a look at the insurance agency and think up ways they could use gift baskets to sell more insurance. They could buy a basket every week to award the agency’s top producer, for example, or send a basket to every new client as a way to say thanks. Maybe they could reward clients who go three years without a claim or send a gift basket to prospective customers as a door opener. In other words, there are lots and lots of ways the insurance agency could use gift baskets.

But if no one suggests it, the insurance agency probably would never think of it themselves. That’s where the idea seller steps in. You pitch one of these ways the agency could use the product and gives them a specific proposal (how many—of what—at what cost) on which to act. That’s idea selling in a nutshell. It’s very creative.

Gift basket makers are generally very creative people, so they should be very good at this. The key is to put some of the same wonderful creativity that goes into designing baskets into ways that your prospective customers can use them. I’m sure you noticed that the “ideas”  mentioned for the insurance agency aren’t different types of gift baskets—they’re different applications for the gift basket product. It’s conceivable, in fact, that the same gift basket design could be used in all four—or more—ways mentioned above. The creative part of the sales process is in finding new uses for the product.


Dave Donelson distills the experiences of hundreds of entrepreneurs into practical advice for small business owners and managers in the Dynamic Manager's Guides, a series of how-to books about marketing and advertising, sales techniques, motivating personnel, financial management, and business strategy.

Thursday, May 17, 2012

Winning A Sales Argument Can Lose The Sale


Traditionally, sellers walk into the prospect with a presentation listing the many reasons their product should be bought. They present their case to the prospect, giving arguments and evidence much like a lawyer in a courtroom. They then listen to the opposing case (the objections from the prospect) and rebut them as best they can. The whole process becomes about winning a courtroom debate with the prospect. Sound familiar?

Now, in my limited experience in a courtroom, there are basically three parties involved in a typical case: the judge, who hands down a decision based on the merits of the arguments which are presented by the other two people, the plaintiff and the defendant. What’s different about selling is that the “judge,” or prospect, also happens to be the “opposing attorney!” He’s responsible not only for making a decision, but for arguing against it. Not that he can’t be objective, but the odds aren’t with you. That’s one reason closing ratios are typically so low for many salespeople.

But losing the case—or getting a “no” from the prospect—isn’t the toughest part. It’s the fact that once this “judge” hands down the decision, it’s pretty final. There’s not really any appeal in traditional sales and it’s pretty hard to come up with a new case and get back into the courtroom with it. You usually give all your best reasons to buy during the first presentation. To get a second chance to pitch your product, you have to first overcome the prospect’s attitude that he’s “heard it all before.” You have to offer something new to get back in the door.

When you sell ideas (solutions to the prospect's needs), though, you’ve always got a reason for the prospect to see you again—because you can always come up with a new idea. Remember that an idea isn’t a product—it’s a use, a solution to a discovered need. So, as long as you can come up with different ideas, you’ll be able to get back in to see the prospect with them. You’re not coming back to make the same old pitch; you’re offering something new.

Of course, part of your presentation includes the reasons your product will satisfy the prospect’s needs. You do need to make your arguments. But if you structure your presentation the way I suggest, the prospect will focus on the desirability of your idea instead of on the reasons for buying your product or service. Your “arguments” will go unanswered. And you’ll have the opportunity to present them again as you come back over and over again with new ideas. Same arguments every time, just new ideas to get you in the door.


Dave Donelson distills the experiences of hundreds of entrepreneurs into practical advice for small business owners and managers in the Dynamic Manager's Guides, a series of how-to books about marketing and advertising, sales techniques, motivating personnel, financial management, and business strategy.