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Who is @MichaelBowers?

District Center Manager for Ohio
SBDC at Columbus State since 2002

SBDC State Star for Ohio in 2007

Won the SBA Innovation and Service
Center of the Year for Ohio and SBA
Region Five in 2007

Striving to accelerate the growth of
entrepreneurship and small business
innovation. #RunNerds Marathoner.
What's worth doing is worth doing for
26.2!
Who is the Ohio SBDC at
Columbus State?

   An experienced & award winning team
  providing no-cost, one-on-one business
management advice with four centers to serve
            you at one location:

                    Core SBDC
       Manufacturing & Technology SBDC
      International Trade Assistance Center
                   Latino SBDC
It’s All About Customers
Everybody Sells




Either you are selling them on buying
from you or your are selling them on
    buying from your competitor
Why Sales?



      Nothing happens in a
   business until someone sells
             something.
Key to Sales



 Create Value For The Customer

 Find the customers’ pain and solve it!
Why Sales?


      If you have a product or
   service that helps people you
     have an obligation to sell
             it to them.
Key to Sales



 Sales Presentations
 Build Rapport = Trust
 Probe / Question
 Prescribe a Solution
Biggest Key to Sales



                      CLOSING ~
                      Ask for the sale



Logical conclusion to the sales process
Everyone is NOT your Target


You need to “target” and “focus” on what
          will be most successful

   You can not focus your attention on
   “Everyone” and “Everything”
Are You Marketing
   Or Selling?
Marketing and Sales


    You need to do both but
    remember they are separate
    activities connected by your
    brand and your messaging.
Why Sales?



      Marketing costs money
               ~
       Sales makes money
Are You Marketing
   Or Selling?
What is Marketing?



   Everything you do to
 promote your business to get
customers to buy your product /
 services on a regular basis
What is Sales?



   The exchange of goods or
         services for
            money
Why Sales?



      Marketing costs money
               ~
       Sales makes money
Why Sales?



      Nothing happens in a
   business until someone sells
             something.
Why Sales?


      If you have a product or
   service that helps people you
     have an obligation to sell
             it to them.
Set The Stage



Prospecting
Marketing Is?

Building Activity Above Your
          Funnel
Prospecting

Networking:          Combine pleasure and business.
Cold calling:        Calling people with no known interest.
Trade Shows:         Have a strategy to convert
Direct mail:         Send flyers and information.
Referrals:           Get people to give you leads.
Prospecting clubs:   Collaborating with other sales people.
On-line sourcing:    Finding useful detail online.
Your website:        Is a very powerful tool.
Social Media:        On-Line Networking.
The Power of
  Digital
Why Participate?

     Marketing is changing

The need to spend money on push
    advertising is diminishing

 “Word Of Mouth” is a click away
Building Activity ~ Prospecting
Your Website Is Critical


This is where the magic
happens and by magic I
    mean SEO and
    CONVERSION.
The Sales Process




                    28
Effective Sales Process

Suspects

           Prospects


                        Qualified
                            &
                       Interested
                                    Presentation

                                                   Close
                                                           $ Sale $
Key to Sales



    Nobody cares about what you do

They care about what you can do for them
Keys to Sales


 Create Value For The Customer

 Find the customer’s pain and solve it!
Value of building rapport


80% of all sales are based on the customer

           Liking and Trusting

            the sales person
Key to Sales



 Sales Presentations
 Build Rapport = Trust
 Probe / Question
 Prescribe a Solution
Keys to Sales


Develop selling questions that
   get to the right results


 Develop closing questions
Keys to Sales


Come up with 5 things that are great about
   dealing with you and your company

Come up with 5 typical objections you get
     and how you should respond
Keys to Sales




   CLOSING ~ Ask for the sale


Logical conclusion to the sales process
More Keys To Sales

 Each Stage of the sales process is about Customer
  Commitment.
 It’s not a problem until the customer says it is.
 Define an economic consequence to the problem.
  If not customer may choose to live with the problem.
 Is there Committed Funding? Note…Budgeted and
  committed are not the same thing.
 Who makes the final decision?
Sales Techniques and Tips



To sell you need to align yourself with
  the other person then “lead” them
     where you want them to go.
Sales Techniques and Tips

   One word rapport buster…”But”

Tells the prospect they are wrong. Use
              “and’ instead.
“I understand “and”…; I agree “and”…;
I can appreciate that “and” many of my
 happiest clients felt the same way and
       here is what they found…
Key to Sales



Create Value For The Customer
Move Prospects through the Funnel

1. Generate Lead
   (Preparation and Planning )
2. Do Initial Qualification by making
   the first contact (Approach)
3. Do detailed discovery (Fact Finding )
4. Make solution definition (Proving
Value)
5. Make a proposal (Recommendation)
6. Do negotiation and make a closure (Close)
Final Thoughts (Almost Done)
What Makes a Sales Person?
For Information on SBDC Activities




   The Ohio SBDC at Columbus State
           p. 614-287-5294

       www.SBDCColumbus.com

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ONLA Successful Selling 1-15-13

  • 1. Consider us your business partner… Only Better!
  • 2. Who is @MichaelBowers? District Center Manager for Ohio SBDC at Columbus State since 2002 SBDC State Star for Ohio in 2007 Won the SBA Innovation and Service Center of the Year for Ohio and SBA Region Five in 2007 Striving to accelerate the growth of entrepreneurship and small business innovation. #RunNerds Marathoner. What's worth doing is worth doing for 26.2!
  • 3. Who is the Ohio SBDC at Columbus State? An experienced & award winning team providing no-cost, one-on-one business management advice with four centers to serve you at one location: Core SBDC Manufacturing & Technology SBDC International Trade Assistance Center Latino SBDC
  • 4. It’s All About Customers
  • 5. Everybody Sells Either you are selling them on buying from you or your are selling them on buying from your competitor
  • 6. Why Sales? Nothing happens in a business until someone sells something.
  • 7. Key to Sales  Create Value For The Customer  Find the customers’ pain and solve it!
  • 8. Why Sales? If you have a product or service that helps people you have an obligation to sell it to them.
  • 9. Key to Sales  Sales Presentations  Build Rapport = Trust  Probe / Question  Prescribe a Solution
  • 10. Biggest Key to Sales CLOSING ~ Ask for the sale Logical conclusion to the sales process
  • 11. Everyone is NOT your Target You need to “target” and “focus” on what will be most successful You can not focus your attention on “Everyone” and “Everything”
  • 12. Are You Marketing Or Selling?
  • 13. Marketing and Sales You need to do both but remember they are separate activities connected by your brand and your messaging.
  • 14. Why Sales? Marketing costs money ~ Sales makes money
  • 15. Are You Marketing Or Selling?
  • 16. What is Marketing? Everything you do to promote your business to get customers to buy your product / services on a regular basis
  • 17. What is Sales? The exchange of goods or services for money
  • 18. Why Sales? Marketing costs money ~ Sales makes money
  • 19. Why Sales? Nothing happens in a business until someone sells something.
  • 20. Why Sales? If you have a product or service that helps people you have an obligation to sell it to them.
  • 22. Marketing Is? Building Activity Above Your Funnel
  • 23. Prospecting Networking: Combine pleasure and business. Cold calling: Calling people with no known interest. Trade Shows: Have a strategy to convert Direct mail: Send flyers and information. Referrals: Get people to give you leads. Prospecting clubs: Collaborating with other sales people. On-line sourcing: Finding useful detail online. Your website: Is a very powerful tool. Social Media: On-Line Networking.
  • 24. The Power of Digital
  • 25. Why Participate? Marketing is changing The need to spend money on push advertising is diminishing “Word Of Mouth” is a click away
  • 26. Building Activity ~ Prospecting
  • 27. Your Website Is Critical This is where the magic happens and by magic I mean SEO and CONVERSION.
  • 29. Effective Sales Process Suspects Prospects Qualified & Interested Presentation Close $ Sale $
  • 30. Key to Sales Nobody cares about what you do They care about what you can do for them
  • 31. Keys to Sales  Create Value For The Customer  Find the customer’s pain and solve it!
  • 32. Value of building rapport 80% of all sales are based on the customer Liking and Trusting the sales person
  • 33. Key to Sales  Sales Presentations  Build Rapport = Trust  Probe / Question  Prescribe a Solution
  • 34. Keys to Sales Develop selling questions that get to the right results Develop closing questions
  • 35. Keys to Sales Come up with 5 things that are great about dealing with you and your company Come up with 5 typical objections you get and how you should respond
  • 36. Keys to Sales CLOSING ~ Ask for the sale Logical conclusion to the sales process
  • 37. More Keys To Sales  Each Stage of the sales process is about Customer Commitment.  It’s not a problem until the customer says it is.  Define an economic consequence to the problem. If not customer may choose to live with the problem.  Is there Committed Funding? Note…Budgeted and committed are not the same thing.  Who makes the final decision?
  • 38. Sales Techniques and Tips To sell you need to align yourself with the other person then “lead” them where you want them to go.
  • 39. Sales Techniques and Tips One word rapport buster…”But” Tells the prospect they are wrong. Use “and’ instead. “I understand “and”…; I agree “and”…; I can appreciate that “and” many of my happiest clients felt the same way and here is what they found…
  • 40. Key to Sales Create Value For The Customer
  • 41. Move Prospects through the Funnel 1. Generate Lead (Preparation and Planning ) 2. Do Initial Qualification by making the first contact (Approach) 3. Do detailed discovery (Fact Finding ) 4. Make solution definition (Proving Value) 5. Make a proposal (Recommendation) 6. Do negotiation and make a closure (Close)
  • 43. What Makes a Sales Person?
  • 44. For Information on SBDC Activities The Ohio SBDC at Columbus State p. 614-287-5294 www.SBDCColumbus.com