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“SCIENCE of
SELLING”
SOME PEER TRAINING CLIENTS
TOO MANY BUZZ WORDS FLOATING AROUND
AIDA MODEL
Customer Centric – Selling
Solution Selling
SPIN Method
Relationship Selling
BANT Selling
Consultative Selling
“INSIGHT” SELLING
Trusted Advisors
Value Based Selling
AIMS
1
Understand the
Sales Process
2
How are Pro
Sellers Selling
Now?
3
Why do Buyer’s
Buy?
4
How to become a
Trusted Advisor?
5
Relationship
Selling
6
What is
“INSIGHT” selling?
7
What is “Blue
Ocean” Selling?
8
How do we
create VALUE?
9
CAPS – Action
Plans - SMART
WHY SHOULD I BE DIFFERENT?
THE TRUSTED ADVISOR?
gains customer trust and commitment and
becomes part of the inner circle
THE SOLUTION PROVIDER?
anticipates and meets customer needs beyond
expectations
THE VALUE ADDED SUPPLIER?
identifies customer’s “hidden” needs and adds
value
THE PRODUCT VENDOR?
identifies customers, key contacts, and determines
requirements and expectations
HOW DO YOU SELL NOW?
10 Minutes
You receive an Incoming Enquiry
What process or steps do you normally follow?
1. Introduction
2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7. Goodbye - Close
6 COMMON MISTAKES MADE BY SELLERS
1. Experiencing technology problems: 89%
2. Using poor or no visuals during online meetings: 86%
3. Not responsive to my question or concerns: 84%
4. Not prepared: 83%
5. Lacking presentation skills: 80%
6. Sending poorly-written emails: 80%
TOP PURCHASE DECISION FACTORS AND
SELLER EFFECTIVENESS
THE PURCHASE EXPERIENCE IS # 1
Percentage
of
Contribution
to
Customer
Loyalty
12%
14%
20%
54%
Company
and Brand
impact
Product and
Service
Delivery
Value-to-
Price Ratio
Purchase
Experience
This is YOU
In action
The Purchase Experience…
• Offers unique, valuable
perspectives on the market
• Helps me navigate
alternatives
• Helps me avoid potential land
mines
• Educates me on new issues and
outcomes
• Supplier is easy to buy from
• Supplier has widespread
support across my
organisation
DECISIONS TO BUY
FACTORS INFLUENCING CUSTOMERS’ DECISIONS TO BUY
PRICE
QUALITY OF
PRODUCT/SERVICE
OFFERING A TOTAL
SOLUTION
CALIBRE OF THE
PROFESSIONAL
18% 20% 22% 40%
EVERYTHING IS THE SAME…
Levels of Service
Product
ROI Business Case
References
Brand
Price & Terms
Product Availability
In a world of
commodities
… the only
differentiator
is
YOU!
THE PRODUCT ADVANTAGE HAS ALL BUT
DISAPPEARED…
STEPS TO SUMMITING
PROSPECTING
QUALIFYING
PARTNERING
IDENTIFYING/CREATING
PRESENTING
SUMMITING
FINDING THE GAPS
1 3
2
FINDING THE GAPS
1 3
2
Who?
What?
5 WHISKEY’S & 1 HOTEL
When?
Where?
Why?
How?
WHAT’S THE STORY
BEHIND THE
PROBLEMS
YOUR CUSTOMERS
ARE FACING?
ROLE PLAY
SCENARIO:
You have recently attended a course at a venue that serves delegates
tap water which is carried into the training room by staff. The water
was warm and left a nasty taste.
You have seen an opportunity for your company’s new water
dispenser.
INSTRUCTIONS:
1. Give your company a name
2. Design your product – Water Cooler Dispenser Features, Advantages
and Benefits
3. Discuss your sales strategy -
How are you going to sell this Dispenser?
AIMS AND GROUND RULES
1. Your AIM is to identify 3 Customer NEEDS
 3 Pain-points
 3 GAPS
 3 Opportunities
2. You are NOT allowed to present your Water Dispenser until 3 NEEDS are identified
3. You are NOT allowed to ask “Closed Questions”
Preparation Time = 15 min
WHERE DO SALESPEOPLE GO WRONG?
1. Tend to TELL
2. Ask CLOSED QUESTIONS
3. Present FAB before finding the
“NEEDS”
4. Lose control of the conversation
5. Want to present too early
Disrupt
Balance Advocacy and Inquiry
Comfort Zone
No Fear
Learning Zone
Debilitating Fear
Fear
Paralysis Zone
Buyers most
open
to insight
Buyers resistant
to
change
Buyers shut
down
to everything
Reframe Direct
COLLECT THE 10 YESES
THINK LIKE A BUYER
“Dear Sales Person,
Stop trying so hard to sell me and focus on helping me solve my problems.
What? You don’t know what my problems are.
Hey, figure it out, because I have figured out what you do.
Regards,
Buyer”
Take a moment and write down 3 ways you’d like to be approached as a Buyer?
_________________________________________________________________________________________________
_________________________________________________________________________________________________
_________________________________________________________________________________________________
CUSTOMISE QUESTIONS
Look at Look at
FANQ in your
Workbook
Choose One
Product - Complete
Exercise
Focus on
Developing 3
Brilliant Searching
Questions
Elect a
Spokesperson to
give feedback
MEETING AGENDA
Date: Feb 22, 2024 Time: 9:00 am Location:
Problems
Notes and Action Items
Topic 1: Brief Intro to …………
Our Vision & Mission
Topic 2: About You
Topic 3: Discussions
Topic 4: Way Forward
1. Understand your Situation
2. Your Expectations
3. Your “Pain-Points” - Challenges
4. Your desired Outcomes
1. How can we assist you?
2. Our Suggestions and Show Proof
1. Proposed Next Step
2. Where to now?
GOOGLE ALERTS
ALEXANDER FORBES
Weekly update: July 17, 2020
NEWS
Alexander Forbes: Premiums will not be
going up
Independent Online
Alexander Forbes Insurance forecasts an
increase in weather-related insurance
claims
VALUE AND PRICE?
What creates VALUE?
Solving problems not foreseen by Buyer
Helping prospects achieve personal objectives
Insight, over and above information and expertise
Providing Insights beyond Buyer’s expectations
Proposing disruptive solutions
Clients for Life - Sheth and Sobel
VALUE CREATION
 Transactional
 Product or Service
 Vendor
Level – 1

 Experience
 Support or Service
 Supplier
Level – 2
 ROI
 Tangible Business
Outcome
 Preferred Vendor
Level – 3
 Strategic
 Proactive
 Trusted Advisor
Level – 4
RELATIONSHIP VALUE
ECONOMIC VALUE
A L L T H I N G S B E I N G E Q U A L ,
Relationships Win,
A L L T H I N G S B E I N G U N E Q U A L ,
Relationships Still Win
Your job in sales is to make all things unequal by creating
a preference for you, your company, and your solution.
How do you do this?
THE 3 LEGS OF THE VALUE PROPOSITION STOOL
What happens if you don’t follow all three of the value
proposition rules?
Creates foundation for ...
Premium Fees
Sales Wins
Loyalty
+ +
Resonate
“I Need”
Differentiate
“Best Option”
Substantiate
“I Believe”
Weak
Resonance
Difficult to
Substitute
Easy to
Substitute
Able to
Substantiate
Able to
Substantiate
Strong
Resonance
Strong
Resonance
“I don’t
need”
“What’s your
best price?”
Difficult to
Substitute
Not able to
Substantiate
“I can’t risk
it”
Take One Away .... .... Buyers Say
IMPACT AND DIFFERENTIATION
IMPACT AND DIFFERENTIATION
VIRTUAL TOOLS
Use of white board in zoom Write down their ISSUES – do it publicly
Draw up an AGENDA for next Virtual
Meeting
Use Torch Spotlight
Google Alerts
4 PHASES OF “VIRTUAL” MEETINGS
Close
Negotiation
Solutions
Discovery
MEETING AGENDA
Date: Feb 22, 2024 Time: 9:00 am Location: ZOOM
Problems
Notes and Action Items
Topic 1: Brief Intro to ………..
Our Vision & Mission
Topic 2: About You
Topic 3: Discussions
Topic 4: Way Forward
1. Your Expectations
2. Current Challenges
3. Your desired Outcomes
1. How can PPS assist you?
2. Our Approach and Suggestions
1. Proposed Next Step
2. Where to now?
“ROAD MAP of VIRTUAL MEETINGS”
04
 Any unresolved Problem
Area?
 Documentation
 After Sales Follow Up
01
 Dealing with KDM?
 “Discovery Phase”
 5 W’s & 1 H
 Agree Pain Points
 Schedule Next Virtual
Meeting
02
 Summarise Priority Issues
 Get Agreement
 Propose Solutions
 Get Commitment
 Schedule Next Virtual
Meeting
03
 Resolve Outstanding
Issues
 Plan the Road Ahead
 CLOSE
 Negotiation
 Another Virtual Meeting?
75%
14%
Buyers view 75% of purchases as “strategic opportunities”, meaning the buyer
isn’t required to buy, but is making a purchase as an investment.
Yet, only 14% of buyers report discovering these strategic opportunities from
sellers versus other people and personal research.
WHAT SALES WINNERS DO DIFFERENTLY …
Winners demonstrated they
understood the buyer’s
needs
2.5x
more often than the
second-place finishers.
THE C L O S E
 Look for Buying Signals
 Summarize The Benefits
 Ask for the Business
SHUT UP!
Ready
Steady
Go!
BALANCE SHEET CLOSE
+
Health Issues
Hygiene Headache
Repeat Business Lost
Save Money
-
Price
Dear .............
I enjoyed our chat this morning.
Your Priority Requirements
You mentioned these specific requirements:
1. Worried about whether you can afford to
retire.
2. What happens if you are retrenched?
3. Monthly cash flow
What we can do for you ....
1. .........................
2. ……………………..
THE ACID TEST
Would you buy
what you are selling?
BE YOU
THE END FOR
TODAY
TOO MANY BUZZ WORDS FLOATING AROUND
AIDA MODEL
Customer Centric – Selling
Solution Selling
SPIN Method
Relationship Selling
BANT Selling
Consultative Selling
“INSIGHT” SELLING
Trusted Advisors
Value Based Selling
6) Close The Sale …
5) Overcome objections
4) Create desire
3) Build value
1) Establish rapport (trust & respect)
“THE ULTIMATE SALES MACHINE”
7 Steps to a Sale: The Decision Making Process
Sales from smart to finish
2) Find need
7) FOLLOW UP
MOST COMPANIES PUT
THE EMPHASIS ON THE
BACK END OF THE SALE
WHAT’S YOUR BIGGEST STRUGGLE WITH
WORKING REMOTELY?
COURAGEOUS CONVERSATIONS
Describe the situation as they see it
D
Explore their feelings
E
Frame their & your ideas
F
Invite them to participate
I
Name the difficult remaining issues
N
Explore the options together
E
Plot the Road ahead
R
WE MUST CONSTANTLY REINVENT
OURSELVES
IN ORDER TO ACHIEVE GROWTH
& DEAL BETTER WITH THE ISSUES
OF THE DAY
Being networked, techno-savvy & awake to new
ideas, people, thoughts & behaviours has now
become a prerequisite for success
SMARTEN UP
BECOMING BUSINESS PARTNERS
 HOW?
 Put them first…
 Vocab ….. Us, We, Let’s …
BECOMING AN INDISPENSIBLE PARTNER
Company brand
and solutions
Your personal
impact &
partnering
skills
Understand the
client’s needs
How you add
unique
significant
value to the
client beyond
expected
Value for
Money
LISTEN ACTIVELY …
REPET …
EMPATHY …
CLARIFY …
ACTION …
PERMISSION …
See them as opportunities
Find the real reasons
Pre-empt objections
HANDLING OBJECTIONS
YOU CAN HAVE IT ALL!
NOW GO AND GET MORE SALES
VALUE
Rolls Royce – Aspirational value
“Value” is important and misunderstood
Know your customers
Everything has a value
Value is relative to values of customers
Know what your customers value
MASSIVE BENEFIT BEYOND PRICE
Health
Prestige
Functional Rationalizations:
Massive Benefit beyond price
Organic
Fair trade
Natural
Non-GMO
Vegan
No-Trans fats
Gluten free
CASE STUDY
SELLING VALUE
Since 1928, Belgium
Founded by Master Chocolatier Joseph Draps
Handcrafted packaging
Multi-channel sales strategy
Positioning: Leader in premium confectionary category
“Taste”: Bought as “gift”
DECISIONS TO BUY
FACTORS INFLUENCING CUSTOMERS’ DECISIONS TO BUY
PRICE
18%
QUALITY OF
PRODUCT/SERVICE
20%
OFFERING A TOTAL
SOLUTION
22%
CALIBRE OF THE
PROFESSIONAL
40%
“WHEN DURING THE BUYING PROCESS DO YOU FEEL
IT MOST USEFUL TO ENGAGE WITH SALES REPS?”
Learning more
about potential
solutions and
solution providers
70%
24
23
24
14
Keeping up with
industry /
technology news
and events
16
Evaluating and
selecting a solution
provider / making
the final decision
Building ongoing
relationship with
solution provider
post-purchase
Identifying a
shortlist of solution
providers
Stage 1
Epiphany
Stage 2
Awareness
Stage 4
Confidence
Stage 5
Loyalty
Stage 3
Interest
Source ITSMA, How B2B Buyers Continue Information Study, 2012
WHY SHOULD I BRAND MYSELF?
If you don't brand yourself, others will.
Catherine Kaputa
THE ART OF PERSUASION
“Going From GOOD to GREAT”
Head
Phones
Additional
Screen
Good
Internet
Good
Lighting
Window
Comfortable
Chair
Additional
Webcam
Additional
Keyboard
Printer Tidy Background
or Green Screen
SOME PEER GROUP CLIENTS - 2020
VIRTUAL SELLING
High Impact Sales
WELCOME
MUTE YOUR MIC
UNLESS
SPEAKING
TURN OFF VIDEO
IF YOU ARE
INTERRUPTED
TAKE NOTES TO
AVOID
INTERRUPTING
OTHERS
IMPROVE
BANDWITH BY
CLOSING EXCESS
WINDOW &
OTHERS
DO YOU LIKE VIRTUAL
SELLING?
EXERCISE IN BREAKAWAY ROOMS
10 Minutes
01
You will be divided
into Breakaway
Rooms
02
In your group,
select a
spokesperson who
will provide
feedback on the
exercise
03
Remember to
watch the time for
the exercise on the
countdown clock
04
When you return to
the main Virtual
Room, the
spokesperson must
remember to
unmute his/her mic
TAKE THE LEAD
Take
the
lead
 Persuade Virtually
 Strengthen Relationship
 Amplify Reputation
 Project Professionalism
 Orchestrate Conversations
 Develop Rapport
 Facilitate Interaction
 Master Technology
 Enable Breakthroughs
 Capture Attention
 Maximize Engagement
 Inspire Visually
EXERCISE IN BREAKAWAY ROOMS
01
You will be divided
into Breakaway
Rooms
04
When you return to
the main Virtual
Room, the
spokesperson must
remember to
unmute his/her mic
02
In your group,
select a
spokesperson who
will provide
feedback on the
exercise
03
Remember to
watch the time for
the exercise on the
countdown clock
Disrupt
Comfort
Zone
No Fear
Fear
Buyers most open to insight
Buyers resistant to change
Buyers shut down to everything
Reframe Direct
DISRUPT COMFORT
ZONE
FEAR CAN’T BE ERASED, BUT IT CAN BE
EASED
If You Don’t want to look bad
DO THE WORK
PRACTICE, PRACTICE, PRACTICE
It’s ok to start with notes
NEVER GO ‘LIVE’ WITH NOTES!
Do it
again…
MAKE IT PERSONAL …
TELL YOUR STORIES
EXERCISE IN BREAKAWAY ROOMS
15 Minutes
01
You will be divided
into Breakaway
Rooms
02
In your group,
select a
spokesperson who
will provide
feedback on the
exercise
03
Remember to
watch the time for
the exercise on the
countdown clock
04
When you return to
the main Virtual
Room, the
spokesperson must
remember to
unmute his/her mic
EXERCISE IN BREAKAWAY ROOMS
01
You will be divided
into Breakaway
Rooms
02
In your group,
select a
spokesperson who
will provide
feedback on the
exercise
03
Remember to
watch the time for
the exercise on the
countdown clock
04
When you return to
the main Virtual
Room, the
spokesperson must
remember to
unmute his/her mic
BREAKOUT
20 Minutes
Make up a Scenario
You have a prospect interested in PPS
Use Open Ended Questions aimed at drilling
down to find 3 GAPS/Pain- Points
Prepare to share with your Colleagues
3 Pain Points and 3 Brilliant Questions
1 2
THE NEW BUYER’S JOURNEY
Problem/
Need
Google
Engage
Evaluate
Negotiate
CLOSE
Problem
Solved
Ready
Steady
Go!
ROLE PLAY IN BREAKAWAY ROOMS
15 Minutes
01
You will be divided
into Breakaway
Rooms
02
In your group,
select a
spokesperson who
will provide
feedback on the
exercise
03
Remember to
watch the time for
the exercise on the
countdown clock
04
When you return to
the main Virtual
Room, the
spokesperson must
remember to
unmute his/her mic
PLUG THE GAP
GROUND RULES – Virtual Role Play
PLEASE REMEMBER TO DO ROLE PLAYS in your breakaway Rooms
1. Give everyone a chance to practice
2. Your AIM is to identify 3 Prospect’s NEEDS
 3 pain points
 3 GAPS
 3 opportunities
3. You are NOT allowed to present your Product/Services until 3 NEEDS are identified
4. You are NOT allowed to ask “Closed Questions”
ROLE PLAY IN LARGE GROUP
30 Minutes
1. REFER to GROUND RULES
2. Randomly Select People
3. Audience to raise hand when a
ground rule is broken
THINK LIKE A BUYER
“Dear Sales Person,
Stop trying so hard to sell me and focus on helping me solve my problems.
What? You don’t know what my problems are.
Hey, figure it out, because I have figured out what you do.
Regards,
Buyer”
Take a moment and write down 3 ways you’d like to be approached as a Buyer?
_________________________________________________________________________________________________
_________________________________________________________________________________________________
_________________________________________________________________________________________________
BECOMING A TRUSTED ADVISOR
Sellers
Value
PROCESS
PEOPLE
SALE
OUTCOME
Preferably under 10 words
Be succinct and to the point
It must contain:
THINK OF A STORY …
RELIGION SEX MYSTERY
Good God,
I’m pregnant.
I wonder who did
it?
PONDER 1
What is your major take-away?
BREAKOUT
15 Minutes
The 7 Sales Stepping Stones
In your group agree on
how to describe the
Proper Sales Steps Model
Appoint a Spokesperson to
share with the room
1 2
Check Your Sales Steps –
what would you change
and why?
3
YOU CAN HAVE IT ALL!
NOW GO AND GET MORE SALES
“ROAD MAP of VIRTUAL MEETINGS”
In short, buyers pick
sellers with strong core consultative selling skills
Demonstrate overall value they offer is superior to others
What did buyers say second-place finishers should have done
differently to win their business?
Craft a compelling solution
Understand buyers’ needs
YOUR EXPECTATIONS
What Do YOU want to Achieve
during this Program?
(3 minutes)

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Sales Training Slide Show - 2023.ppt

  • 3. TOO MANY BUZZ WORDS FLOATING AROUND AIDA MODEL Customer Centric – Selling Solution Selling SPIN Method Relationship Selling BANT Selling Consultative Selling “INSIGHT” SELLING Trusted Advisors Value Based Selling
  • 4. AIMS 1 Understand the Sales Process 2 How are Pro Sellers Selling Now? 3 Why do Buyer’s Buy? 4 How to become a Trusted Advisor? 5 Relationship Selling 6 What is “INSIGHT” selling? 7 What is “Blue Ocean” Selling? 8 How do we create VALUE? 9 CAPS – Action Plans - SMART
  • 5. WHY SHOULD I BE DIFFERENT? THE TRUSTED ADVISOR? gains customer trust and commitment and becomes part of the inner circle THE SOLUTION PROVIDER? anticipates and meets customer needs beyond expectations THE VALUE ADDED SUPPLIER? identifies customer’s “hidden” needs and adds value THE PRODUCT VENDOR? identifies customers, key contacts, and determines requirements and expectations
  • 6. HOW DO YOU SELL NOW? 10 Minutes You receive an Incoming Enquiry What process or steps do you normally follow? 1. Introduction 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7. Goodbye - Close
  • 7. 6 COMMON MISTAKES MADE BY SELLERS 1. Experiencing technology problems: 89% 2. Using poor or no visuals during online meetings: 86% 3. Not responsive to my question or concerns: 84% 4. Not prepared: 83% 5. Lacking presentation skills: 80% 6. Sending poorly-written emails: 80%
  • 8. TOP PURCHASE DECISION FACTORS AND SELLER EFFECTIVENESS
  • 9. THE PURCHASE EXPERIENCE IS # 1 Percentage of Contribution to Customer Loyalty 12% 14% 20% 54% Company and Brand impact Product and Service Delivery Value-to- Price Ratio Purchase Experience This is YOU In action The Purchase Experience… • Offers unique, valuable perspectives on the market • Helps me navigate alternatives • Helps me avoid potential land mines • Educates me on new issues and outcomes • Supplier is easy to buy from • Supplier has widespread support across my organisation
  • 10. DECISIONS TO BUY FACTORS INFLUENCING CUSTOMERS’ DECISIONS TO BUY PRICE QUALITY OF PRODUCT/SERVICE OFFERING A TOTAL SOLUTION CALIBRE OF THE PROFESSIONAL 18% 20% 22% 40%
  • 11. EVERYTHING IS THE SAME… Levels of Service Product ROI Business Case References Brand Price & Terms Product Availability
  • 12. In a world of commodities … the only differentiator is YOU! THE PRODUCT ADVANTAGE HAS ALL BUT DISAPPEARED…
  • 16. Who? What? 5 WHISKEY’S & 1 HOTEL When? Where? Why? How?
  • 17. WHAT’S THE STORY BEHIND THE PROBLEMS YOUR CUSTOMERS ARE FACING?
  • 18. ROLE PLAY SCENARIO: You have recently attended a course at a venue that serves delegates tap water which is carried into the training room by staff. The water was warm and left a nasty taste. You have seen an opportunity for your company’s new water dispenser. INSTRUCTIONS: 1. Give your company a name 2. Design your product – Water Cooler Dispenser Features, Advantages and Benefits 3. Discuss your sales strategy - How are you going to sell this Dispenser?
  • 19. AIMS AND GROUND RULES 1. Your AIM is to identify 3 Customer NEEDS  3 Pain-points  3 GAPS  3 Opportunities 2. You are NOT allowed to present your Water Dispenser until 3 NEEDS are identified 3. You are NOT allowed to ask “Closed Questions” Preparation Time = 15 min
  • 20. WHERE DO SALESPEOPLE GO WRONG? 1. Tend to TELL 2. Ask CLOSED QUESTIONS 3. Present FAB before finding the “NEEDS” 4. Lose control of the conversation 5. Want to present too early
  • 21. Disrupt Balance Advocacy and Inquiry Comfort Zone No Fear Learning Zone Debilitating Fear Fear Paralysis Zone Buyers most open to insight Buyers resistant to change Buyers shut down to everything Reframe Direct
  • 22. COLLECT THE 10 YESES
  • 23. THINK LIKE A BUYER “Dear Sales Person, Stop trying so hard to sell me and focus on helping me solve my problems. What? You don’t know what my problems are. Hey, figure it out, because I have figured out what you do. Regards, Buyer” Take a moment and write down 3 ways you’d like to be approached as a Buyer? _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________
  • 24. CUSTOMISE QUESTIONS Look at Look at FANQ in your Workbook Choose One Product - Complete Exercise Focus on Developing 3 Brilliant Searching Questions Elect a Spokesperson to give feedback
  • 25. MEETING AGENDA Date: Feb 22, 2024 Time: 9:00 am Location: Problems Notes and Action Items Topic 1: Brief Intro to ………… Our Vision & Mission Topic 2: About You Topic 3: Discussions Topic 4: Way Forward 1. Understand your Situation 2. Your Expectations 3. Your “Pain-Points” - Challenges 4. Your desired Outcomes 1. How can we assist you? 2. Our Suggestions and Show Proof 1. Proposed Next Step 2. Where to now?
  • 26. GOOGLE ALERTS ALEXANDER FORBES Weekly update: July 17, 2020 NEWS Alexander Forbes: Premiums will not be going up Independent Online Alexander Forbes Insurance forecasts an increase in weather-related insurance claims
  • 27. VALUE AND PRICE? What creates VALUE? Solving problems not foreseen by Buyer Helping prospects achieve personal objectives Insight, over and above information and expertise Providing Insights beyond Buyer’s expectations Proposing disruptive solutions Clients for Life - Sheth and Sobel
  • 28. VALUE CREATION  Transactional  Product or Service  Vendor Level – 1   Experience  Support or Service  Supplier Level – 2  ROI  Tangible Business Outcome  Preferred Vendor Level – 3  Strategic  Proactive  Trusted Advisor Level – 4 RELATIONSHIP VALUE ECONOMIC VALUE
  • 29. A L L T H I N G S B E I N G E Q U A L , Relationships Win, A L L T H I N G S B E I N G U N E Q U A L , Relationships Still Win Your job in sales is to make all things unequal by creating a preference for you, your company, and your solution. How do you do this?
  • 30. THE 3 LEGS OF THE VALUE PROPOSITION STOOL What happens if you don’t follow all three of the value proposition rules? Creates foundation for ... Premium Fees Sales Wins Loyalty + + Resonate “I Need” Differentiate “Best Option” Substantiate “I Believe”
  • 31. Weak Resonance Difficult to Substitute Easy to Substitute Able to Substantiate Able to Substantiate Strong Resonance Strong Resonance “I don’t need” “What’s your best price?” Difficult to Substitute Not able to Substantiate “I can’t risk it” Take One Away .... .... Buyers Say
  • 34. VIRTUAL TOOLS Use of white board in zoom Write down their ISSUES – do it publicly Draw up an AGENDA for next Virtual Meeting Use Torch Spotlight Google Alerts
  • 35. 4 PHASES OF “VIRTUAL” MEETINGS Close Negotiation Solutions Discovery
  • 36. MEETING AGENDA Date: Feb 22, 2024 Time: 9:00 am Location: ZOOM Problems Notes and Action Items Topic 1: Brief Intro to ……….. Our Vision & Mission Topic 2: About You Topic 3: Discussions Topic 4: Way Forward 1. Your Expectations 2. Current Challenges 3. Your desired Outcomes 1. How can PPS assist you? 2. Our Approach and Suggestions 1. Proposed Next Step 2. Where to now?
  • 37. “ROAD MAP of VIRTUAL MEETINGS” 04  Any unresolved Problem Area?  Documentation  After Sales Follow Up 01  Dealing with KDM?  “Discovery Phase”  5 W’s & 1 H  Agree Pain Points  Schedule Next Virtual Meeting 02  Summarise Priority Issues  Get Agreement  Propose Solutions  Get Commitment  Schedule Next Virtual Meeting 03  Resolve Outstanding Issues  Plan the Road Ahead  CLOSE  Negotiation  Another Virtual Meeting?
  • 38. 75% 14% Buyers view 75% of purchases as “strategic opportunities”, meaning the buyer isn’t required to buy, but is making a purchase as an investment. Yet, only 14% of buyers report discovering these strategic opportunities from sellers versus other people and personal research.
  • 39. WHAT SALES WINNERS DO DIFFERENTLY … Winners demonstrated they understood the buyer’s needs 2.5x more often than the second-place finishers.
  • 40. THE C L O S E  Look for Buying Signals  Summarize The Benefits  Ask for the Business SHUT UP! Ready Steady Go!
  • 41.
  • 42. BALANCE SHEET CLOSE + Health Issues Hygiene Headache Repeat Business Lost Save Money - Price
  • 43. Dear ............. I enjoyed our chat this morning. Your Priority Requirements You mentioned these specific requirements: 1. Worried about whether you can afford to retire. 2. What happens if you are retrenched? 3. Monthly cash flow What we can do for you .... 1. ......................... 2. ……………………..
  • 44. THE ACID TEST Would you buy what you are selling?
  • 47. TOO MANY BUZZ WORDS FLOATING AROUND AIDA MODEL Customer Centric – Selling Solution Selling SPIN Method Relationship Selling BANT Selling Consultative Selling “INSIGHT” SELLING Trusted Advisors Value Based Selling
  • 48. 6) Close The Sale … 5) Overcome objections 4) Create desire 3) Build value 1) Establish rapport (trust & respect) “THE ULTIMATE SALES MACHINE” 7 Steps to a Sale: The Decision Making Process Sales from smart to finish 2) Find need 7) FOLLOW UP MOST COMPANIES PUT THE EMPHASIS ON THE BACK END OF THE SALE
  • 49. WHAT’S YOUR BIGGEST STRUGGLE WITH WORKING REMOTELY?
  • 50. COURAGEOUS CONVERSATIONS Describe the situation as they see it D Explore their feelings E Frame their & your ideas F Invite them to participate I Name the difficult remaining issues N Explore the options together E Plot the Road ahead R
  • 51. WE MUST CONSTANTLY REINVENT OURSELVES IN ORDER TO ACHIEVE GROWTH & DEAL BETTER WITH THE ISSUES OF THE DAY
  • 52. Being networked, techno-savvy & awake to new ideas, people, thoughts & behaviours has now become a prerequisite for success SMARTEN UP
  • 53. BECOMING BUSINESS PARTNERS  HOW?  Put them first…  Vocab ….. Us, We, Let’s …
  • 54. BECOMING AN INDISPENSIBLE PARTNER Company brand and solutions Your personal impact & partnering skills Understand the client’s needs How you add unique significant value to the client beyond expected Value for Money
  • 55. LISTEN ACTIVELY … REPET … EMPATHY … CLARIFY … ACTION … PERMISSION …
  • 56. See them as opportunities Find the real reasons Pre-empt objections HANDLING OBJECTIONS
  • 57. YOU CAN HAVE IT ALL! NOW GO AND GET MORE SALES
  • 58. VALUE Rolls Royce – Aspirational value “Value” is important and misunderstood Know your customers Everything has a value Value is relative to values of customers Know what your customers value
  • 59. MASSIVE BENEFIT BEYOND PRICE Health Prestige Functional Rationalizations: Massive Benefit beyond price Organic Fair trade Natural Non-GMO Vegan No-Trans fats Gluten free
  • 61. SELLING VALUE Since 1928, Belgium Founded by Master Chocolatier Joseph Draps Handcrafted packaging Multi-channel sales strategy Positioning: Leader in premium confectionary category “Taste”: Bought as “gift”
  • 62. DECISIONS TO BUY FACTORS INFLUENCING CUSTOMERS’ DECISIONS TO BUY PRICE 18% QUALITY OF PRODUCT/SERVICE 20% OFFERING A TOTAL SOLUTION 22% CALIBRE OF THE PROFESSIONAL 40%
  • 63. “WHEN DURING THE BUYING PROCESS DO YOU FEEL IT MOST USEFUL TO ENGAGE WITH SALES REPS?” Learning more about potential solutions and solution providers 70% 24 23 24 14 Keeping up with industry / technology news and events 16 Evaluating and selecting a solution provider / making the final decision Building ongoing relationship with solution provider post-purchase Identifying a shortlist of solution providers Stage 1 Epiphany Stage 2 Awareness Stage 4 Confidence Stage 5 Loyalty Stage 3 Interest Source ITSMA, How B2B Buyers Continue Information Study, 2012
  • 64. WHY SHOULD I BRAND MYSELF? If you don't brand yourself, others will. Catherine Kaputa
  • 65. THE ART OF PERSUASION “Going From GOOD to GREAT”
  • 67. SOME PEER GROUP CLIENTS - 2020
  • 69. WELCOME MUTE YOUR MIC UNLESS SPEAKING TURN OFF VIDEO IF YOU ARE INTERRUPTED TAKE NOTES TO AVOID INTERRUPTING OTHERS IMPROVE BANDWITH BY CLOSING EXCESS WINDOW & OTHERS
  • 70. DO YOU LIKE VIRTUAL SELLING?
  • 71. EXERCISE IN BREAKAWAY ROOMS 10 Minutes 01 You will be divided into Breakaway Rooms 02 In your group, select a spokesperson who will provide feedback on the exercise 03 Remember to watch the time for the exercise on the countdown clock 04 When you return to the main Virtual Room, the spokesperson must remember to unmute his/her mic
  • 72. TAKE THE LEAD Take the lead  Persuade Virtually  Strengthen Relationship  Amplify Reputation  Project Professionalism  Orchestrate Conversations  Develop Rapport  Facilitate Interaction  Master Technology  Enable Breakthroughs  Capture Attention  Maximize Engagement  Inspire Visually
  • 73. EXERCISE IN BREAKAWAY ROOMS 01 You will be divided into Breakaway Rooms 04 When you return to the main Virtual Room, the spokesperson must remember to unmute his/her mic 02 In your group, select a spokesperson who will provide feedback on the exercise 03 Remember to watch the time for the exercise on the countdown clock
  • 74. Disrupt Comfort Zone No Fear Fear Buyers most open to insight Buyers resistant to change Buyers shut down to everything Reframe Direct DISRUPT COMFORT ZONE
  • 75. FEAR CAN’T BE ERASED, BUT IT CAN BE EASED If You Don’t want to look bad DO THE WORK
  • 76. PRACTICE, PRACTICE, PRACTICE It’s ok to start with notes NEVER GO ‘LIVE’ WITH NOTES!
  • 78. MAKE IT PERSONAL … TELL YOUR STORIES
  • 79. EXERCISE IN BREAKAWAY ROOMS 15 Minutes 01 You will be divided into Breakaway Rooms 02 In your group, select a spokesperson who will provide feedback on the exercise 03 Remember to watch the time for the exercise on the countdown clock 04 When you return to the main Virtual Room, the spokesperson must remember to unmute his/her mic
  • 80. EXERCISE IN BREAKAWAY ROOMS 01 You will be divided into Breakaway Rooms 02 In your group, select a spokesperson who will provide feedback on the exercise 03 Remember to watch the time for the exercise on the countdown clock 04 When you return to the main Virtual Room, the spokesperson must remember to unmute his/her mic
  • 81. BREAKOUT 20 Minutes Make up a Scenario You have a prospect interested in PPS Use Open Ended Questions aimed at drilling down to find 3 GAPS/Pain- Points Prepare to share with your Colleagues 3 Pain Points and 3 Brilliant Questions 1 2
  • 82. THE NEW BUYER’S JOURNEY Problem/ Need Google Engage Evaluate Negotiate CLOSE Problem Solved Ready Steady Go!
  • 83. ROLE PLAY IN BREAKAWAY ROOMS 15 Minutes 01 You will be divided into Breakaway Rooms 02 In your group, select a spokesperson who will provide feedback on the exercise 03 Remember to watch the time for the exercise on the countdown clock 04 When you return to the main Virtual Room, the spokesperson must remember to unmute his/her mic
  • 84.
  • 86. GROUND RULES – Virtual Role Play PLEASE REMEMBER TO DO ROLE PLAYS in your breakaway Rooms 1. Give everyone a chance to practice 2. Your AIM is to identify 3 Prospect’s NEEDS  3 pain points  3 GAPS  3 opportunities 3. You are NOT allowed to present your Product/Services until 3 NEEDS are identified 4. You are NOT allowed to ask “Closed Questions”
  • 87. ROLE PLAY IN LARGE GROUP 30 Minutes 1. REFER to GROUND RULES 2. Randomly Select People 3. Audience to raise hand when a ground rule is broken
  • 88. THINK LIKE A BUYER “Dear Sales Person, Stop trying so hard to sell me and focus on helping me solve my problems. What? You don’t know what my problems are. Hey, figure it out, because I have figured out what you do. Regards, Buyer” Take a moment and write down 3 ways you’d like to be approached as a Buyer? _________________________________________________________________________________________________ _________________________________________________________________________________________________ _________________________________________________________________________________________________
  • 91. Preferably under 10 words Be succinct and to the point It must contain: THINK OF A STORY … RELIGION SEX MYSTERY
  • 92. Good God, I’m pregnant. I wonder who did it?
  • 93. PONDER 1 What is your major take-away?
  • 94. BREAKOUT 15 Minutes The 7 Sales Stepping Stones In your group agree on how to describe the Proper Sales Steps Model Appoint a Spokesperson to share with the room 1 2 Check Your Sales Steps – what would you change and why? 3
  • 95. YOU CAN HAVE IT ALL! NOW GO AND GET MORE SALES
  • 96. “ROAD MAP of VIRTUAL MEETINGS” In short, buyers pick sellers with strong core consultative selling skills Demonstrate overall value they offer is superior to others What did buyers say second-place finishers should have done differently to win their business? Craft a compelling solution Understand buyers’ needs
  • 97. YOUR EXPECTATIONS What Do YOU want to Achieve during this Program? (3 minutes)