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The Science of Selling

Many people seem to believe that selling is the province of people with the “gift of the gab”. Oddly enough, nothing could be further from the truth. Whilst a sales person needs to be a good presenter, which can involve talking, it is more important that they be a good communicator.

Communication is a two way street, not one way and if a sales person never shuts up, then they will never get to find out about the customer’s needs, the customer’s wants, the customer’s expectations or other matters of vital importance to the sales process.

There are only two reasons why people won’t buy something. Either they don’t need it or they can’t afford it. Although you may have heard the saying that some salesperson could sell “sand to Arabs” or “ice to Eskimos”, they are just sayings. Neither of these groups “need” the product. Likewise, you aren’t going to sell a luxury yacht costing £3million to a battling family in the suburbs – they simply can’t afford it. Consequently good sales people “target” their market so their time is spent effectively. That however is the subject of a whole different article.

Essentially there are five basic steps to a sale.

  1. The Opening

The opening of your presentation is one of the most important parts. This is where you establish rapport with your customer if he/she/they are new. If they are an existing customer, then it will be a bit of a “catch up” since your last meeting or contact. Establishing rapport is often underestimated by sales people. They blindly rush in to trying to sell a prospect a product or service without establishing essential ingredients in the sale. These are the integrity of the sales person and also establishing trust. Just because the person you are talking to may be an existing client, these things are not to be taken lightly. It is a well established fact of selling that it is far easier to sell to an existing client than it is to a new prospect. Overlooking a decent opening to an existing client can leave them feeling “taken for granted” and you could well end up losing their business. From the Opening, you move on to the……

  1. The Presentation

This is where you move into the presentation of your product or service to the prospect of client. Make sure it is well thought out and rehearsed. Let me repeat that – Make sure your presentation is well thought out and rehearsed. There is nothing worse than a presentation that is full of stumbles, errs…aahhhhs and pauses. What you are really saying to the customer or prospect is that you don’t really know your product or service that well. If this is what you are conveying, how can you possibly expect the prospect or customer to buy from you? From the Presentation you move on to the..…….

  1. The Trial Close

The sad fact about selling is that many sales people do not know how to close. They get to the end of their Presentation and don’t know what to say next. The conversation can deteriorate into small talk about the weather or other inane subjects and they leave with the customer or prospect saying that they will think about it. If you want the order, then you have to ask for it! So what is a trial close? It is a question. Perhaps, “When would you like to start?”, or, “How many items would you like as an initial shipment?”, or “What colour would you prefer?”. I’m sure you get the idea. One thing to notice however is that all these questions require a commitment from the customer or prospect. They are not open ended questions like, “What do you think?”. Questions of that nature are way too general and destroy the process you have been building.

With any luck, the customer or prospect may simply order from you at this point and you can go on your merry way towards your next sale. But if they don’t then you move on to the next step which is…………

  1. Answering Objections

Many sales people are terrified of objections, but the reality is that they should be welcomed with open arms. If a prospect of customer raises an objection then it means they are interested. Experience with your product or service will teach you over time every single objection that a prospect or customer could possibly raise. Granted, you may come up against the odd surprise at some stage, but objections should always be regarded as a learning experience on your part. The more objections raised, the greater the opportunity that you as a sales person has of displaying your expertise with the product or service which in turn builds the trust and confidence of the prospect or customer in you.

Sadly, this is one area of sales that seems to be ignored by Internet Marketers. They put up a page and rely on someone hitting the order button. I have personally had questions about some products I have seen, but either there isn’t an email address on the page or your emails are ignored!

Now here is the important part. At the end of answering every objection you go back to Step 3 and do a Trial Close on the prospect or customer. Keep doing this until there are no more objections and then move on to the last part of the process which is……….

  1. The Close

It is at this point that the pens and paper come out and the details of the sale are recorded. Once this has been documented there are still two more important things to do before packing your bag and heading off. The first is to recap and go over the details of the order with the prospect or customer. Have them confirm to you verbally that all is in order. You can do this several time regarding key points if relevant.

The last thing to do is to thank the prospect or customer for their business. Remember, you are in the trust and relationship building business and treating people with respect and appreciation will go a long way to building these integral parts of the relationship.

Despite what many sales people think, price is not the primary consideration or factor in a client’s mind. This does apply for some of course, but they are in the minority. Price is only one of many considerations taken into account by buyers and is in fact only one of many objections you may have to overcome in achieving a sale.

Apply and refine these techniques and you can be assured of success in sales.

Article Source: http://www.articlecube.com.



 


 


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