SlideShare a Scribd company logo
1 of 39
Advanced Selling Strategies
Saurabh Leekha
Content
• The Psychology of Selling
• Customer needs in the Major Sale
• SPIN Strategy
• Preventing Objections
• Obtaining Commitment : Closing the Sale
The Psychology of Selling
Psychology of Selling
Some salespeople always do well, no matter
what is around them.
They have money in pockets and bank accounts.
They are happy, optimistic, positive, friendly and
In complete control.
They are the Top Sales people of the
organization. The 80/20 rule is applicable to
them.
The winning edge theory says :
The difference between the top performers and
average or mediocre performers is not a great one. It
is always just a small difference : Top performers just
do certain things a certain way a little better each day.
If you develop that winning edge, there’s no reason
why you cannot move rapidly into Top 5 percent.
Self Concept
The master program of performance
Your Self Concept is bundle of beliefs that you have about
yourself and your world.
E.g.. You have a mini self concept on how much money earn?
This concept is so deeply ingrained that if you earn much more or
less than your current level of income you will feel distinctly
uncomfortable.
By attempting to change, you move out of your comfort zone.
Your Mental Makeup
Self Ideal, Self Image, Self Esteem
• Self ideal : direction of your life.
Combination of all the qualities and attributes of people you admire.
Whatever anyone else has done and become, you can do or become as well.
• Self image : the way you see/think about yourself
The most rapid improvement in sales come from changing your self image.
• Self Esteem : determines attitude and personality
How much you like yourself.
Level of Self Esteem will determine how well you perform and feel. The better
you perform better you feel
How do Top Sales people
See Themselves,
Think about Themselves, Respond to Customers
• See yourself as Self Employed
• Consulting versus Selling
• Become a doctor of Selling
• Becoming Strategic Thinker in Sales
• Getting the Job Done
• Being the Best
• Practice Golden Rule Selling
Customer needs in a Major Sale
Framework
• A bad purchasing can cost job to the decision maker.
• Take longer time to develop
• Involve elements, influences, inputs from several people
Implied and Explicit Needs
• Implied : Statements by the customers of problems, difficulties
and dissatisfactions.
• Explicit : Specific customer statements of wants or desires.
The Value Equation
Buying Signals
• Just do not rely on problems to close a sale. Every
customer has problems
• The real skill is how you grow problems big enough to
get action. When customer starts talking about action
when I hear buying signals !!
( Probing is to uncover Implied Needs and to
develop them into Explicit Needs)
The SPIN Strategy
( Probing is to uncover Implied Needs and to
develop them into Explicit Needs)
Lets look into 4 SPIN Questions
Situation
Problem
Implication
Need Payoff
Situation Questions
• Situation Questions are asked very early in Sales call.
What’s your position?
How long have you been here?
Do you make the purchasing decisions?
What is your business?
Annual Sales Volume?
How many people you employ?
What equipment are you using at present?
How long have you been using it?
How many people use it?
• Situation Questions are not related to success
• Inexperienced Salespeople ask more Situation
questions
• Situation Questions are v important but must be used
carefully
• Buyers become bored or impatient
Problem Questions
• Pain Areas for the customer
Generally seen : Sales people ask Situation questions and straight away move
to features of the product they are selling.
Problem Questions are much stronger than Situation Questions.
They provide raw material on which rest of the sale will be built.
Still Problem Questions donot predict success in larger Sales.
Word of caution : Sometimes customers feel offended on asking too much
problem questions.
Implication Questions
Most Experienced Salespeople, put in front of a major
account customer, stop probing at asking Situation /
Problem Questions in a large sale.
However, even though many people use this style but it
is not very effective.
Let’s discover ………..
Example 1
Seller (Situation) : Do you use Panasert machines in this division?
Buyer : Yes, we have 3 of them
Seller (Problem) : Are they difficult for operators to use?
Buyer (Implied Need) : They are rather hard, but we have learned how to get them working.
Seller (Offering Solution) : We can solve that problem using easy flow software.
Buyer : What does your system cost?
Seller : The basic system cost 15 Lacs Sir?
Buyer (Amazed) : 15 Lacs ? You must be joking, Just to make a machine easier to use !!
Seriousness of Problem Cost of Solution
DON’T BUYBUY
Situation 1
Example 2
Seller (Problem) : Are they difficult for operators to use?
Buyer (Implied Need) : They are rather hard, but we have learned how to get them working.
Seller (implication) : You say they’re hard to use. What effect does it have on your output.
Buyer (thinking issue is small) : Very little, as we have trained 3 people to use them.
Seller (Implication) : Sir, Only 3 people does it not create work bottlenecks?
Buyer (still thinking issue is small) : Issue only arises when 1 of above 3 people leaves and we need
to train a new person
Seller (Implication) : It looks like the people do not want to train on these tough machines and
leave?
Buyer (recognizing bigger problem) : Yes, operators do not want to stay with us for long
Seller (Implication) : What does this employee turnover (leaving) mean to you in terms of
training and recruitment?
Buyer (seeing more) : It takes 3 months for operator to be efficient. It means approx Rs.
25000 x 3 = 75000 for an operator to be trained. We also have to pay extra amount of Rs.
75000 to the company for arranging training.
Seller (Implication) : Sir, even if you arrange training for 2 times a year than it means approx 3 lacs in
training. Does it also lead to production loss?
Buyer : Not much, we ask other operators to put in overtime.
Seller (Implication) : Does overtime add even more to your costs ?
Buyer (Realizing problem is quite serious) : Yes, we have to pay double the wages in case of overtime. Still
operators do not want to work and we have high turnover.
Seller (Implication) : This would be affecting your order commitments?
Buyer : Not much, as we get the work outsourced.
Seller (Implication) : Sir, sending work outside would be increasing your costs. Not only costs but would be affecting
quality also?
Buyer : That’s what I am most unhappy about. When you source from outside than you are at mercy of other
people.
Seller (Implication) : It must be putting your delivery commitments onto the edge.
Buyer : I just spent 3 hours on phone with the vendor on the same.
Seller (summarizing) : So from what you said. The machines are difficult to use and you have spent 3 lacs on
training. You are losing you operators, having bottlenecks in production, paying expensive overtime and
outsourcing is also not a good alternative.
Buyer : When you put it that way than our machines are creating a serious problem, indeed.
Seriousness of Problem Cost of Solution
DON’T BUY
BUY
Situation 2
Successful Sales people use two types of questions to
convert Implied needs into Explicit needs :
- Implication questions to build up problem so it is
perceived to be more serious
- Need Pay off questions to build up value or usefulness
of the solution
Need Payoff Questions
psychology
Ex.
Is it important to solve this problem?
Why would you find this solution so useful?
Is there any other way this could help you?
- They focus the customers attention on the solution rather than the problem. It
builds positive problem solving atmosphere.
- They get the customer telling you the benefits. For ex. How do you think a
faster machine would help you? Might get reply “ It would certainly take away
the production bottleneck and will better use operator time”
example
Seller (Need Payoff) : so would you be interested in controlling long distance calls?
Buyer : Well yes, …… but that’s not only the problems I have.
Seller (Need Payoff) : I would take other problems in a minute. But first, would you like to control long distance calls? Why are they so important?
Buyer : Well, there is lot of pressure from finance to control costs.
Seller (Need Payoff) : Would it help if you can restrict long distance calls to authorized persons?
Buyer : Well yes. Most of it comes from unauthorized usage.
Seller : Can we discuss other issues you have? (Need Payoff) May I assume you would like improvement there also.
Buyer : Yes, It would be big help.
Seller : What if you also come to know how much time does it take to answer a call?
Buyer : That’s great. It will help us to improve the customer service.
Goes on …………………………
Need Payoff is focusing on Solutions rather than problems. More important Customer himself starts Giving benefits himself.
Need Payoff Questions
• reduce Objections
• Rehearse the customer for Internal Selling
• Make customers tell the benefits
• Make your solution acceptable
Benefits of Need Payoff
Avoid Need Payoff questions early in the call
Avoid Need Payoff where you don’t have answers (your product does not support the
feature customer is asking for)
Preventing Objections
“Generally you have more objections in an unsuccessful sales call. As you grow the
hierarchy you start getting less objections.”
“Objections are generally created by the sales person rather than the buyer”.
“Skilled people receive fewer objections because they have learnt objection
prevention rather than objection handling”.
Mastering SPIN Model will help you to prevent the objections
Features and Price Concerns
Behavior Definition Impact
(small sale)
Impact (large
sale)
Features Describes facts, product
characteristics
Slightly
Positive
Neutral or
Slightly
Negative
Advantages Shows how products or their
features can be used or help
customer
Positive Slightly
Positive
Benefits Shows how products meet Explicit
Needs expressed by customer
Very
Positive
Very Positive
Features vs. Value
Handling objections
There could not be a sales call where there are no
objections. Lets learn “how to handle them?
Closing Sale
Seller : So Mr. Gupta, you see that our product is best for you – if you'll just sign here.
(Assumptive Close)
Buyer : just a moment – I don’t see. I have not decided yet.
Seller : Bur, Mr. Gupta, I have shown that you can improve efficiency and save lot of
money. When would you like to take delivery? (Assumptive Close)
Buyer : I have not decided. I will not decide this Week.
Seller : This model is in great demand. I can supply it now but if you wait till next week
than you may have to wait for months. (Standing room only Close)
Buyer : I have to take that risk.
Seller : Would you prefer a months trial installation or buy outright? (Alternative close)
Buyer : I am going to throw you out of my office. Shall you go on your own or would
you like me to call the security
Define Closing Sale in large sale
Obtain the Right Commitment : There is generally no
straightforward “No” in large sale.
There are four possible outcomes in large Sale
Order
Advance
Continuation
No Sale
Success
No Success
Question your objectives ruthlessly
In your call planning always include objectives that result
in specific action.
• Get the client for demo
• To get a meeting with seniors in the organization
• To meet the finance / purchase department looped in
the call
Look for advances not continuations ….
Things to avoid at time of closing
Anxious : Never be over confident or anxious for the order. It’s a process. You win some, you lose some.
Know when its going to close : Generally the sales cycle lengthen and you do not have anything to offer when you
reach the decision maker.
Win - Win Deal : Always press for a win - win deal. If customer wants to squeeze you out than better is to be firm on
your last offer.
Arguing : People hate to be told that they are wrong.
Knocking the competition : Never talk ill for your customers.
Overselling : when you say your product can do something which it cannot.
Assuming Authority : specially on price discounts, delivery commitments, modifications etc
But what generally counts is your attitude.
Whether you think you can, or you think you can’t –
you’re right. Henry Ford
Thanks

More Related Content

What's hot

Spin selling model
Spin selling modelSpin selling model
Spin selling modelKirti Suri
 
Spin Selling Fieldbook - Neil Rackham
Spin Selling Fieldbook - Neil RackhamSpin Selling Fieldbook - Neil Rackham
Spin Selling Fieldbook - Neil RackhamNirbhik Jangid
 
Selling Skills
Selling SkillsSelling Skills
Selling SkillsRavi Reddy
 
Closing sales deal
Closing sales dealClosing sales deal
Closing sales dealTania Aslam
 
Effective selling techniques
Effective selling techniquesEffective selling techniques
Effective selling techniquesweetong
 
Amr Ali.SPIN selling
Amr Ali.SPIN sellingAmr Ali.SPIN selling
Amr Ali.SPIN sellingAmr Ali
 
Chapter 8 handling objections sp12
Chapter 8 handling objections sp12Chapter 8 handling objections sp12
Chapter 8 handling objections sp12alexishoey
 
10 Sales Tips For Improving Your Productivity
10 Sales Tips For Improving Your Productivity10 Sales Tips For Improving Your Productivity
10 Sales Tips For Improving Your ProductivityThe Brevet Group
 
Handling objections
Handling objectionsHandling objections
Handling objectionsNj Lopez-Tan
 
Spin selling strategy
Spin selling strategySpin selling strategy
Spin selling strategyjolistartup
 
How to Improve sales Basics and Advance Techniques
How to Improve sales Basics and Advance TechniquesHow to Improve sales Basics and Advance Techniques
How to Improve sales Basics and Advance TechniquesSelf-employed
 
professional selling skills
professional selling skillsprofessional selling skills
professional selling skillsAhmed Nabil
 
Selling skills summary
Selling skills summarySelling skills summary
Selling skills summaryYehia Elboraie
 

What's hot (20)

Selling Techniques
Selling Techniques Selling Techniques
Selling Techniques
 
Spin Selling Explained
Spin Selling ExplainedSpin Selling Explained
Spin Selling Explained
 
Spin selling model
Spin selling modelSpin selling model
Spin selling model
 
Spin Selling Fieldbook - Neil Rackham
Spin Selling Fieldbook - Neil RackhamSpin Selling Fieldbook - Neil Rackham
Spin Selling Fieldbook - Neil Rackham
 
Selling Skills
Selling SkillsSelling Skills
Selling Skills
 
Closing Sales Sample
Closing Sales SampleClosing Sales Sample
Closing Sales Sample
 
Closing sales deal
Closing sales dealClosing sales deal
Closing sales deal
 
Sales objection
Sales objectionSales objection
Sales objection
 
Effective selling techniques
Effective selling techniquesEffective selling techniques
Effective selling techniques
 
Objection handling
Objection handlingObjection handling
Objection handling
 
Amr Ali.SPIN selling
Amr Ali.SPIN sellingAmr Ali.SPIN selling
Amr Ali.SPIN selling
 
Sales Training: Always Be Closing
Sales Training: Always Be ClosingSales Training: Always Be Closing
Sales Training: Always Be Closing
 
Chapter 8 handling objections sp12
Chapter 8 handling objections sp12Chapter 8 handling objections sp12
Chapter 8 handling objections sp12
 
10 Sales Tips For Improving Your Productivity
10 Sales Tips For Improving Your Productivity10 Sales Tips For Improving Your Productivity
10 Sales Tips For Improving Your Productivity
 
Handling objections
Handling objectionsHandling objections
Handling objections
 
Spin selling strategy
Spin selling strategySpin selling strategy
Spin selling strategy
 
How to Improve sales Basics and Advance Techniques
How to Improve sales Basics and Advance TechniquesHow to Improve sales Basics and Advance Techniques
How to Improve sales Basics and Advance Techniques
 
professional selling skills
professional selling skillsprofessional selling skills
professional selling skills
 
Selling Is An Art Form
Selling Is An Art FormSelling Is An Art Form
Selling Is An Art Form
 
Selling skills summary
Selling skills summarySelling skills summary
Selling skills summary
 

Viewers also liked

Advanced Professional Selling Skills
Advanced Professional Selling SkillsAdvanced Professional Selling Skills
Advanced Professional Selling SkillsTom Shay
 
60 PPTS-ADVANCED SELLING SKILLS-BY INDRANIL BHADURI
60 PPTS-ADVANCED SELLING SKILLS-BY INDRANIL BHADURI60 PPTS-ADVANCED SELLING SKILLS-BY INDRANIL BHADURI
60 PPTS-ADVANCED SELLING SKILLS-BY INDRANIL BHADURIIndranil Bhaduri
 
The Key To Technical Selling
The Key To Technical SellingThe Key To Technical Selling
The Key To Technical Sellingparkerfairfield
 
Overview of Farm Leases
Overview of Farm LeasesOverview of Farm Leases
Overview of Farm LeasesCari Rincker
 
Prepare to Preach (Session 4)
Prepare to Preach (Session 4)Prepare to Preach (Session 4)
Prepare to Preach (Session 4)Bong Baylon
 
Developing a Replicable Sales & Marketing Model
Developing a Replicable Sales & Marketing Model Developing a Replicable Sales & Marketing Model
Developing a Replicable Sales & Marketing Model Sean Ammirati
 
Corn Silage Production (Animal Nutrition)
Corn Silage Production (Animal Nutrition)Corn Silage Production (Animal Nutrition)
Corn Silage Production (Animal Nutrition)Osama Zahid
 
Increasing Sales Productivity with Social Selling
Increasing Sales Productivity with Social SellingIncreasing Sales Productivity with Social Selling
Increasing Sales Productivity with Social SellingKurt Shaver
 
Spin Questioning - Probing for Prospect Information during a Sales Call
Spin Questioning - Probing for Prospect Information during a Sales CallSpin Questioning - Probing for Prospect Information during a Sales Call
Spin Questioning - Probing for Prospect Information during a Sales Callklhall700
 
Printing the Future of Customer Experience
Printing the Future of Customer ExperiencePrinting the Future of Customer Experience
Printing the Future of Customer ExperienceAnja Hoffmann
 
Professional Selling Skills
Professional Selling SkillsProfessional Selling Skills
Professional Selling SkillsMohsen, S Ab
 
Professional selling 2 20-16
Professional selling 2 20-16Professional selling 2 20-16
Professional selling 2 20-16Steve Remy
 
Start Selling Like a Professional in 1 Day - Webinar
Start Selling Like a Professional in 1 Day - WebinarStart Selling Like a Professional in 1 Day - Webinar
Start Selling Like a Professional in 1 Day - Webinarjcmmiami
 
SuperSellingskills: Training in Persuasive Communication
SuperSellingskills: Training in Persuasive CommunicationSuperSellingskills: Training in Persuasive Communication
SuperSellingskills: Training in Persuasive CommunicationZaheer Qazi
 

Viewers also liked (17)

Advanced Professional Selling Skills
Advanced Professional Selling SkillsAdvanced Professional Selling Skills
Advanced Professional Selling Skills
 
60 PPTS-ADVANCED SELLING SKILLS-BY INDRANIL BHADURI
60 PPTS-ADVANCED SELLING SKILLS-BY INDRANIL BHADURI60 PPTS-ADVANCED SELLING SKILLS-BY INDRANIL BHADURI
60 PPTS-ADVANCED SELLING SKILLS-BY INDRANIL BHADURI
 
The Key To Technical Selling
The Key To Technical SellingThe Key To Technical Selling
The Key To Technical Selling
 
Overview of Farm Leases
Overview of Farm LeasesOverview of Farm Leases
Overview of Farm Leases
 
Prepare to Preach (Session 4)
Prepare to Preach (Session 4)Prepare to Preach (Session 4)
Prepare to Preach (Session 4)
 
Developing a Replicable Sales & Marketing Model
Developing a Replicable Sales & Marketing Model Developing a Replicable Sales & Marketing Model
Developing a Replicable Sales & Marketing Model
 
Corn Silage Production (Animal Nutrition)
Corn Silage Production (Animal Nutrition)Corn Silage Production (Animal Nutrition)
Corn Silage Production (Animal Nutrition)
 
Increasing Sales Productivity with Social Selling
Increasing Sales Productivity with Social SellingIncreasing Sales Productivity with Social Selling
Increasing Sales Productivity with Social Selling
 
Spin Questioning - Probing for Prospect Information during a Sales Call
Spin Questioning - Probing for Prospect Information during a Sales CallSpin Questioning - Probing for Prospect Information during a Sales Call
Spin Questioning - Probing for Prospect Information during a Sales Call
 
Printing the Future of Customer Experience
Printing the Future of Customer ExperiencePrinting the Future of Customer Experience
Printing the Future of Customer Experience
 
Week One Intro To Selling New Version Summer 2011
Week One Intro To Selling New Version Summer 2011Week One Intro To Selling New Version Summer 2011
Week One Intro To Selling New Version Summer 2011
 
Professional Selling Skills
Professional Selling SkillsProfessional Selling Skills
Professional Selling Skills
 
Tarea semana4 investigación_accion
Tarea semana4 investigación_accionTarea semana4 investigación_accion
Tarea semana4 investigación_accion
 
How To Close a Sale
How To Close a SaleHow To Close a Sale
How To Close a Sale
 
Professional selling 2 20-16
Professional selling 2 20-16Professional selling 2 20-16
Professional selling 2 20-16
 
Start Selling Like a Professional in 1 Day - Webinar
Start Selling Like a Professional in 1 Day - WebinarStart Selling Like a Professional in 1 Day - Webinar
Start Selling Like a Professional in 1 Day - Webinar
 
SuperSellingskills: Training in Persuasive Communication
SuperSellingskills: Training in Persuasive CommunicationSuperSellingskills: Training in Persuasive Communication
SuperSellingskills: Training in Persuasive Communication
 

Similar to Sales in Large Accounts

How to consistently get around sales objections
How to consistently get around sales objectionsHow to consistently get around sales objections
How to consistently get around sales objectionsSalesScripter
 
Overcoming Objections- final
Overcoming Objections- finalOvercoming Objections- final
Overcoming Objections- finalMichele Potts
 
Advanced client relationship skills
Advanced client relationship skillsAdvanced client relationship skills
Advanced client relationship skillsAidan Dye
 
Marketing Presentation.pptx
Marketing Presentation.pptxMarketing Presentation.pptx
Marketing Presentation.pptxKwadwoKonadu2
 
Startup Sales 101 (SalesMasters)
Startup Sales 101 (SalesMasters)Startup Sales 101 (SalesMasters)
Startup Sales 101 (SalesMasters)Dominik Suter
 
Automation Gurus Strategy Planner
Automation Gurus Strategy PlannerAutomation Gurus Strategy Planner
Automation Gurus Strategy PlannerSean Tierney
 
Inside Sales - Approach, Attitude, Techniques
Inside Sales - Approach, Attitude, TechniquesInside Sales - Approach, Attitude, Techniques
Inside Sales - Approach, Attitude, TechniquesAdnan Mohiuddin
 
Transform services into solutions
Transform services into solutionsTransform services into solutions
Transform services into solutionsJennifer Baxavanis
 
Session 1 - Introduction to lean and problem interviews
Session 1  - Introduction to lean and problem interviewsSession 1  - Introduction to lean and problem interviews
Session 1 - Introduction to lean and problem interviewsCo-founder Ignitor
 
InnovateEDU Bootcamp: 7 Questions Investors Will Ask About Your GoToMarket St...
InnovateEDU Bootcamp: 7 Questions Investors Will Ask About Your GoToMarket St...InnovateEDU Bootcamp: 7 Questions Investors Will Ask About Your GoToMarket St...
InnovateEDU Bootcamp: 7 Questions Investors Will Ask About Your GoToMarket St...Katie Martell
 
Professional sales traning
Professional sales traningProfessional sales traning
Professional sales traningHatem mahmoud
 
The Value of Developing Relationships in Selling
The Value of Developing Relationships in SellingThe Value of Developing Relationships in Selling
The Value of Developing Relationships in SellingJames Muir
 

Similar to Sales in Large Accounts (20)

How to consistently get around sales objections
How to consistently get around sales objectionsHow to consistently get around sales objections
How to consistently get around sales objections
 
SELLING SKILLS TIPS By Vasant
SELLING SKILLS  TIPS By VasantSELLING SKILLS  TIPS By Vasant
SELLING SKILLS TIPS By Vasant
 
Spin
SpinSpin
Spin
 
Overcoming Objections- final
Overcoming Objections- finalOvercoming Objections- final
Overcoming Objections- final
 
Advanced client relationship skills
Advanced client relationship skillsAdvanced client relationship skills
Advanced client relationship skills
 
Marketing Presentation.pptx
Marketing Presentation.pptxMarketing Presentation.pptx
Marketing Presentation.pptx
 
Questioning
QuestioningQuestioning
Questioning
 
Startup Sales 101 (SalesMasters)
Startup Sales 101 (SalesMasters)Startup Sales 101 (SalesMasters)
Startup Sales 101 (SalesMasters)
 
Overcoming objections
Overcoming objectionsOvercoming objections
Overcoming objections
 
Lowes Sales Workbook
Lowes Sales WorkbookLowes Sales Workbook
Lowes Sales Workbook
 
Lowes Sales Workshop
Lowes Sales WorkshopLowes Sales Workshop
Lowes Sales Workshop
 
Lowes Sales Workshop
Lowes Sales WorkshopLowes Sales Workshop
Lowes Sales Workshop
 
Automation Gurus Strategy Planner
Automation Gurus Strategy PlannerAutomation Gurus Strategy Planner
Automation Gurus Strategy Planner
 
Inside Sales - Approach, Attitude, Techniques
Inside Sales - Approach, Attitude, TechniquesInside Sales - Approach, Attitude, Techniques
Inside Sales - Approach, Attitude, Techniques
 
Transform services into solutions
Transform services into solutionsTransform services into solutions
Transform services into solutions
 
Session 1 - Introduction to lean and problem interviews
Session 1  - Introduction to lean and problem interviewsSession 1  - Introduction to lean and problem interviews
Session 1 - Introduction to lean and problem interviews
 
InnovateEDU Bootcamp: 7 Questions Investors Will Ask About Your GoToMarket St...
InnovateEDU Bootcamp: 7 Questions Investors Will Ask About Your GoToMarket St...InnovateEDU Bootcamp: 7 Questions Investors Will Ask About Your GoToMarket St...
InnovateEDU Bootcamp: 7 Questions Investors Will Ask About Your GoToMarket St...
 
Professional sales traning
Professional sales traningProfessional sales traning
Professional sales traning
 
Strategic Solution Sales
Strategic Solution SalesStrategic Solution Sales
Strategic Solution Sales
 
The Value of Developing Relationships in Selling
The Value of Developing Relationships in SellingThe Value of Developing Relationships in Selling
The Value of Developing Relationships in Selling
 

More from Saurabh Leekha

Happiness All Along: The Book
Happiness All Along: The BookHappiness All Along: The Book
Happiness All Along: The BookSaurabh Leekha
 
Free Chapter : Entrepreneur to Market Creator
Free Chapter : Entrepreneur to Market CreatorFree Chapter : Entrepreneur to Market Creator
Free Chapter : Entrepreneur to Market CreatorSaurabh Leekha
 
How to become an Effective and Impactful Communicator
How to become an Effective and Impactful Communicator How to become an Effective and Impactful Communicator
How to become an Effective and Impactful Communicator Saurabh Leekha
 
Characterization in Storytelling
Characterization in StorytellingCharacterization in Storytelling
Characterization in StorytellingSaurabh Leekha
 
Creative thinking and Storytelling
Creative thinking and StorytellingCreative thinking and Storytelling
Creative thinking and StorytellingSaurabh Leekha
 
Sales process consulting
Sales process consultingSales process consulting
Sales process consultingSaurabh Leekha
 

More from Saurabh Leekha (7)

Happiness All Along: The Book
Happiness All Along: The BookHappiness All Along: The Book
Happiness All Along: The Book
 
Free Chapter : Entrepreneur to Market Creator
Free Chapter : Entrepreneur to Market CreatorFree Chapter : Entrepreneur to Market Creator
Free Chapter : Entrepreneur to Market Creator
 
Spirituality & You
Spirituality & YouSpirituality & You
Spirituality & You
 
How to become an Effective and Impactful Communicator
How to become an Effective and Impactful Communicator How to become an Effective and Impactful Communicator
How to become an Effective and Impactful Communicator
 
Characterization in Storytelling
Characterization in StorytellingCharacterization in Storytelling
Characterization in Storytelling
 
Creative thinking and Storytelling
Creative thinking and StorytellingCreative thinking and Storytelling
Creative thinking and Storytelling
 
Sales process consulting
Sales process consultingSales process consulting
Sales process consulting
 

Recently uploaded

Genuine Escort ℂaℓℓ Giℜℓs In DoubleTree by Hilton Hotel Gurgaon - New Delhi N...
Genuine Escort ℂaℓℓ Giℜℓs In DoubleTree by Hilton Hotel Gurgaon - New Delhi N...Genuine Escort ℂaℓℓ Giℜℓs In DoubleTree by Hilton Hotel Gurgaon - New Delhi N...
Genuine Escort ℂaℓℓ Giℜℓs In DoubleTree by Hilton Hotel Gurgaon - New Delhi N...rajputriyana310
 
Sector 5, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 5, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 5, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 5, Noida Call girls :8448380779 Model Escorts | 100% verifiedDelhi Call girls
 
Dubai Call Girls Jumeirah O525547819 Call Girls Dubai Sibling
Dubai Call Girls Jumeirah O525547819 Call Girls Dubai SiblingDubai Call Girls Jumeirah O525547819 Call Girls Dubai Sibling
Dubai Call Girls Jumeirah O525547819 Call Girls Dubai Siblingkojalkojal131
 
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceDelhi Call girls
 
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceDelhi Call girls
 
GENUINE Babe,Call Girls IN Dwarka Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Dwarka Delhi | +91-8377087607GENUINE Babe,Call Girls IN Dwarka Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Dwarka Delhi | +91-8377087607dollysharma2066
 
Sector 8, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 8, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 8, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 8, Noida Call girls :8448380779 Model Escorts | 100% verifiedDelhi Call girls
 
call girls in Indirapuram (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service...
call girls in Indirapuram (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service...call girls in Indirapuram (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service...
call girls in Indirapuram (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service...Delhi Call girls
 
Sector 62, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 62, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 62, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 62, Noida Call girls :8448380779 Model Escorts | 100% verifiedDelhi Call girls
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 67 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 67 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 67 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 67 (Gurgaon)Delhi Call girls
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 54 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 54 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 54 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 54 (Gurgaon)Delhi Call girls
 
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort ServiceDelhi Call girls
 
Dubai Call Girls Centerfold O525547819 Call Girls Dubai Cfnm
Dubai Call Girls Centerfold O525547819 Call Girls Dubai CfnmDubai Call Girls Centerfold O525547819 Call Girls Dubai Cfnm
Dubai Call Girls Centerfold O525547819 Call Girls Dubai Cfnmkojalkojal131
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 56 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 56 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 56 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 56 (Gurgaon)Delhi Call girls
 
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceDelhi Call girls
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 57 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 57 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 57 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 57 (Gurgaon)Delhi Call girls
 
Sector 4, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 4, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 4, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 4, Noida Call girls :8448380779 Model Escorts | 100% verifiedDelhi Call girls
 
Busty Desi⚡Call Girls in Surajpur Greater Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Surajpur Greater Noida >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Surajpur Greater Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Surajpur Greater Noida >༒8448380779 Escort ServiceDelhi Call girls
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 55 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 55 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 55 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 55 (Gurgaon)Delhi Call girls
 
Call Girls In Vasant Kunj ☎✔ 9871031762 ☎✔ Russion Escorts Service In Delhi Ncr
Call Girls In Vasant Kunj ☎✔ 9871031762 ☎✔ Russion Escorts Service In Delhi NcrCall Girls In Vasant Kunj ☎✔ 9871031762 ☎✔ Russion Escorts Service In Delhi Ncr
Call Girls In Vasant Kunj ☎✔ 9871031762 ☎✔ Russion Escorts Service In Delhi Ncrnoida100girls
 

Recently uploaded (20)

Genuine Escort ℂaℓℓ Giℜℓs In DoubleTree by Hilton Hotel Gurgaon - New Delhi N...
Genuine Escort ℂaℓℓ Giℜℓs In DoubleTree by Hilton Hotel Gurgaon - New Delhi N...Genuine Escort ℂaℓℓ Giℜℓs In DoubleTree by Hilton Hotel Gurgaon - New Delhi N...
Genuine Escort ℂaℓℓ Giℜℓs In DoubleTree by Hilton Hotel Gurgaon - New Delhi N...
 
Sector 5, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 5, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 5, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 5, Noida Call girls :8448380779 Model Escorts | 100% verified
 
Dubai Call Girls Jumeirah O525547819 Call Girls Dubai Sibling
Dubai Call Girls Jumeirah O525547819 Call Girls Dubai SiblingDubai Call Girls Jumeirah O525547819 Call Girls Dubai Sibling
Dubai Call Girls Jumeirah O525547819 Call Girls Dubai Sibling
 
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
 
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
 
GENUINE Babe,Call Girls IN Dwarka Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Dwarka Delhi | +91-8377087607GENUINE Babe,Call Girls IN Dwarka Delhi | +91-8377087607
GENUINE Babe,Call Girls IN Dwarka Delhi | +91-8377087607
 
Sector 8, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 8, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 8, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 8, Noida Call girls :8448380779 Model Escorts | 100% verified
 
call girls in Indirapuram (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service...
call girls in Indirapuram (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service...call girls in Indirapuram (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service...
call girls in Indirapuram (Ghaziabad) 🔝 >༒8448380779 🔝 genuine Escort Service...
 
Sector 62, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 62, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 62, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 62, Noida Call girls :8448380779 Model Escorts | 100% verified
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 67 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 67 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 67 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 67 (Gurgaon)
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 54 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 54 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 54 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 54 (Gurgaon)
 
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Vasundhara Ghaziabad >༒8448380779 Escort Service
 
Dubai Call Girls Centerfold O525547819 Call Girls Dubai Cfnm
Dubai Call Girls Centerfold O525547819 Call Girls Dubai CfnmDubai Call Girls Centerfold O525547819 Call Girls Dubai Cfnm
Dubai Call Girls Centerfold O525547819 Call Girls Dubai Cfnm
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 56 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 56 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 56 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 56 (Gurgaon)
 
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Pari Chowk Escorts, Noida >༒8448380779 Escort Service
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 57 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 57 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 57 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 57 (Gurgaon)
 
Sector 4, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 4, Noida Call girls :8448380779 Model Escorts | 100% verifiedSector 4, Noida Call girls :8448380779 Model Escorts | 100% verified
Sector 4, Noida Call girls :8448380779 Model Escorts | 100% verified
 
Busty Desi⚡Call Girls in Surajpur Greater Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Surajpur Greater Noida >༒8448380779 Escort ServiceBusty Desi⚡Call Girls in Surajpur Greater Noida >༒8448380779 Escort Service
Busty Desi⚡Call Girls in Surajpur Greater Noida >༒8448380779 Escort Service
 
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 55 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 55 (Gurgaon)Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 55 (Gurgaon)
Enjoy Night ≽ 8448380779 ≼ Call Girls In Gurgaon Sector 55 (Gurgaon)
 
Call Girls In Vasant Kunj ☎✔ 9871031762 ☎✔ Russion Escorts Service In Delhi Ncr
Call Girls In Vasant Kunj ☎✔ 9871031762 ☎✔ Russion Escorts Service In Delhi NcrCall Girls In Vasant Kunj ☎✔ 9871031762 ☎✔ Russion Escorts Service In Delhi Ncr
Call Girls In Vasant Kunj ☎✔ 9871031762 ☎✔ Russion Escorts Service In Delhi Ncr
 

Sales in Large Accounts

  • 2. Content • The Psychology of Selling • Customer needs in the Major Sale • SPIN Strategy • Preventing Objections • Obtaining Commitment : Closing the Sale
  • 4. Psychology of Selling Some salespeople always do well, no matter what is around them. They have money in pockets and bank accounts. They are happy, optimistic, positive, friendly and In complete control. They are the Top Sales people of the organization. The 80/20 rule is applicable to them.
  • 5. The winning edge theory says : The difference between the top performers and average or mediocre performers is not a great one. It is always just a small difference : Top performers just do certain things a certain way a little better each day. If you develop that winning edge, there’s no reason why you cannot move rapidly into Top 5 percent.
  • 6. Self Concept The master program of performance Your Self Concept is bundle of beliefs that you have about yourself and your world. E.g.. You have a mini self concept on how much money earn? This concept is so deeply ingrained that if you earn much more or less than your current level of income you will feel distinctly uncomfortable. By attempting to change, you move out of your comfort zone.
  • 7. Your Mental Makeup Self Ideal, Self Image, Self Esteem • Self ideal : direction of your life. Combination of all the qualities and attributes of people you admire. Whatever anyone else has done and become, you can do or become as well. • Self image : the way you see/think about yourself The most rapid improvement in sales come from changing your self image. • Self Esteem : determines attitude and personality How much you like yourself. Level of Self Esteem will determine how well you perform and feel. The better you perform better you feel
  • 8. How do Top Sales people See Themselves, Think about Themselves, Respond to Customers • See yourself as Self Employed • Consulting versus Selling • Become a doctor of Selling • Becoming Strategic Thinker in Sales • Getting the Job Done • Being the Best • Practice Golden Rule Selling
  • 9. Customer needs in a Major Sale
  • 10. Framework • A bad purchasing can cost job to the decision maker. • Take longer time to develop • Involve elements, influences, inputs from several people Implied and Explicit Needs • Implied : Statements by the customers of problems, difficulties and dissatisfactions. • Explicit : Specific customer statements of wants or desires.
  • 12. Buying Signals • Just do not rely on problems to close a sale. Every customer has problems • The real skill is how you grow problems big enough to get action. When customer starts talking about action when I hear buying signals !! ( Probing is to uncover Implied Needs and to develop them into Explicit Needs)
  • 14.
  • 15. ( Probing is to uncover Implied Needs and to develop them into Explicit Needs) Lets look into 4 SPIN Questions Situation Problem Implication Need Payoff
  • 16. Situation Questions • Situation Questions are asked very early in Sales call. What’s your position? How long have you been here? Do you make the purchasing decisions? What is your business? Annual Sales Volume? How many people you employ? What equipment are you using at present? How long have you been using it? How many people use it?
  • 17. • Situation Questions are not related to success • Inexperienced Salespeople ask more Situation questions • Situation Questions are v important but must be used carefully • Buyers become bored or impatient
  • 18. Problem Questions • Pain Areas for the customer Generally seen : Sales people ask Situation questions and straight away move to features of the product they are selling. Problem Questions are much stronger than Situation Questions. They provide raw material on which rest of the sale will be built. Still Problem Questions donot predict success in larger Sales. Word of caution : Sometimes customers feel offended on asking too much problem questions.
  • 19. Implication Questions Most Experienced Salespeople, put in front of a major account customer, stop probing at asking Situation / Problem Questions in a large sale. However, even though many people use this style but it is not very effective. Let’s discover ………..
  • 20. Example 1 Seller (Situation) : Do you use Panasert machines in this division? Buyer : Yes, we have 3 of them Seller (Problem) : Are they difficult for operators to use? Buyer (Implied Need) : They are rather hard, but we have learned how to get them working. Seller (Offering Solution) : We can solve that problem using easy flow software. Buyer : What does your system cost? Seller : The basic system cost 15 Lacs Sir? Buyer (Amazed) : 15 Lacs ? You must be joking, Just to make a machine easier to use !!
  • 21. Seriousness of Problem Cost of Solution DON’T BUYBUY Situation 1
  • 22. Example 2 Seller (Problem) : Are they difficult for operators to use? Buyer (Implied Need) : They are rather hard, but we have learned how to get them working. Seller (implication) : You say they’re hard to use. What effect does it have on your output. Buyer (thinking issue is small) : Very little, as we have trained 3 people to use them. Seller (Implication) : Sir, Only 3 people does it not create work bottlenecks? Buyer (still thinking issue is small) : Issue only arises when 1 of above 3 people leaves and we need to train a new person Seller (Implication) : It looks like the people do not want to train on these tough machines and leave? Buyer (recognizing bigger problem) : Yes, operators do not want to stay with us for long
  • 23. Seller (Implication) : What does this employee turnover (leaving) mean to you in terms of training and recruitment? Buyer (seeing more) : It takes 3 months for operator to be efficient. It means approx Rs. 25000 x 3 = 75000 for an operator to be trained. We also have to pay extra amount of Rs. 75000 to the company for arranging training. Seller (Implication) : Sir, even if you arrange training for 2 times a year than it means approx 3 lacs in training. Does it also lead to production loss? Buyer : Not much, we ask other operators to put in overtime. Seller (Implication) : Does overtime add even more to your costs ? Buyer (Realizing problem is quite serious) : Yes, we have to pay double the wages in case of overtime. Still operators do not want to work and we have high turnover.
  • 24. Seller (Implication) : This would be affecting your order commitments? Buyer : Not much, as we get the work outsourced. Seller (Implication) : Sir, sending work outside would be increasing your costs. Not only costs but would be affecting quality also? Buyer : That’s what I am most unhappy about. When you source from outside than you are at mercy of other people. Seller (Implication) : It must be putting your delivery commitments onto the edge. Buyer : I just spent 3 hours on phone with the vendor on the same. Seller (summarizing) : So from what you said. The machines are difficult to use and you have spent 3 lacs on training. You are losing you operators, having bottlenecks in production, paying expensive overtime and outsourcing is also not a good alternative. Buyer : When you put it that way than our machines are creating a serious problem, indeed.
  • 25. Seriousness of Problem Cost of Solution DON’T BUY BUY Situation 2
  • 26. Successful Sales people use two types of questions to convert Implied needs into Explicit needs : - Implication questions to build up problem so it is perceived to be more serious - Need Pay off questions to build up value or usefulness of the solution Need Payoff Questions
  • 27. psychology Ex. Is it important to solve this problem? Why would you find this solution so useful? Is there any other way this could help you? - They focus the customers attention on the solution rather than the problem. It builds positive problem solving atmosphere. - They get the customer telling you the benefits. For ex. How do you think a faster machine would help you? Might get reply “ It would certainly take away the production bottleneck and will better use operator time”
  • 28. example Seller (Need Payoff) : so would you be interested in controlling long distance calls? Buyer : Well yes, …… but that’s not only the problems I have. Seller (Need Payoff) : I would take other problems in a minute. But first, would you like to control long distance calls? Why are they so important? Buyer : Well, there is lot of pressure from finance to control costs. Seller (Need Payoff) : Would it help if you can restrict long distance calls to authorized persons? Buyer : Well yes. Most of it comes from unauthorized usage. Seller : Can we discuss other issues you have? (Need Payoff) May I assume you would like improvement there also. Buyer : Yes, It would be big help. Seller : What if you also come to know how much time does it take to answer a call? Buyer : That’s great. It will help us to improve the customer service. Goes on ………………………… Need Payoff is focusing on Solutions rather than problems. More important Customer himself starts Giving benefits himself.
  • 29. Need Payoff Questions • reduce Objections • Rehearse the customer for Internal Selling • Make customers tell the benefits • Make your solution acceptable Benefits of Need Payoff Avoid Need Payoff questions early in the call Avoid Need Payoff where you don’t have answers (your product does not support the feature customer is asking for)
  • 30. Preventing Objections “Generally you have more objections in an unsuccessful sales call. As you grow the hierarchy you start getting less objections.” “Objections are generally created by the sales person rather than the buyer”. “Skilled people receive fewer objections because they have learnt objection prevention rather than objection handling”. Mastering SPIN Model will help you to prevent the objections
  • 31. Features and Price Concerns Behavior Definition Impact (small sale) Impact (large sale) Features Describes facts, product characteristics Slightly Positive Neutral or Slightly Negative Advantages Shows how products or their features can be used or help customer Positive Slightly Positive Benefits Shows how products meet Explicit Needs expressed by customer Very Positive Very Positive
  • 33. Handling objections There could not be a sales call where there are no objections. Lets learn “how to handle them?
  • 34. Closing Sale Seller : So Mr. Gupta, you see that our product is best for you – if you'll just sign here. (Assumptive Close) Buyer : just a moment – I don’t see. I have not decided yet. Seller : Bur, Mr. Gupta, I have shown that you can improve efficiency and save lot of money. When would you like to take delivery? (Assumptive Close) Buyer : I have not decided. I will not decide this Week. Seller : This model is in great demand. I can supply it now but if you wait till next week than you may have to wait for months. (Standing room only Close) Buyer : I have to take that risk. Seller : Would you prefer a months trial installation or buy outright? (Alternative close) Buyer : I am going to throw you out of my office. Shall you go on your own or would you like me to call the security
  • 35. Define Closing Sale in large sale Obtain the Right Commitment : There is generally no straightforward “No” in large sale. There are four possible outcomes in large Sale Order Advance Continuation No Sale Success No Success
  • 36. Question your objectives ruthlessly In your call planning always include objectives that result in specific action. • Get the client for demo • To get a meeting with seniors in the organization • To meet the finance / purchase department looped in the call Look for advances not continuations ….
  • 37. Things to avoid at time of closing Anxious : Never be over confident or anxious for the order. It’s a process. You win some, you lose some. Know when its going to close : Generally the sales cycle lengthen and you do not have anything to offer when you reach the decision maker. Win - Win Deal : Always press for a win - win deal. If customer wants to squeeze you out than better is to be firm on your last offer. Arguing : People hate to be told that they are wrong. Knocking the competition : Never talk ill for your customers. Overselling : when you say your product can do something which it cannot. Assuming Authority : specially on price discounts, delivery commitments, modifications etc
  • 38. But what generally counts is your attitude. Whether you think you can, or you think you can’t – you’re right. Henry Ford