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Selling Homeowers’ Enjoyment
           of Home

            Mark McKenzie, ACB
            Persuasive Speaking
    Project 2 – Conquering The Cold Call
                April 10, 2013
Objectives of Presentation
• Learn a technique for cold call selling of
  expensive products or services
• Recognize the risks buyers assume in
  purchasing
• Use questions to help the buy discover
  problems with his or her situations
• Successfully handle buyer’s objections and
  concerns
Order of Presentation
• Part 1: Presentation - 3 to 4 mins.
   – Presentation on the persuasive process used in cold
     call sales of expensive items

• Part 2: Role Play – 5 to 7 mins.
   – Introduction partner,
   – Introduction of scenario for role play and
   – Role play

• Part 3: Informal discussion - 2 to 3 mins
   – What could I say or do differently to more effective?
   – Other questions
Consumer Buying Decision Process

                    Need
                 Recognition
                  & Problem
                 Awareness



            Information Search


           Evaluation of Alternatives


                 Purchases

          Post-Purchase Evaluation
A Five-step thought process used by
                    buyers
Need Identification         Begins when buyer has an unsatisfied need

Recognition of Importance   Buyer realizes the need is important that it requires action



Search for Fulfillment      Buyer looks for ways to fill this recognized need.

Evaluation of Options       Buyer examine different options, study information collected
                            and match needs against each option

Decision-making             After considering the information and options, buyer makes
                            decision either purchase or not purchase.


Source: The Anatomy of Persuasion by Norbert Aubuchon, see page 7 Persuasive
Speaking, Toastmasters Advance Communication Series
Across Domains: Retail Offerings
                                                        A.D.A.P.T
                                                                                             ACTIVATION
 ASSESSMENT                                           DISCOVERY

                                              • Identify some areas which are of            • Activate their perception and
• Ask open questions                                                                        discomfort about the problem in more
                                              particular interest to you or where you
• Get client to tell you about his/her        may be able to make a sale.                   detail

situation.                                                                                  • Make them dissatisfied with the
                                              • Ask client about problems he/she
• Should be relaxed and non-                                                                current situation
                                              may be experiencing.
threatening , seem easy for client but                                                      • The 'hurt' of the Hurt and Rescue
                                              • DO NOT start selling product at this
packed with information for you.                                                            principle
                                              point.


                    PROJECTION                                                 TRANSITION


                   • Now that the client is actively                        • The last stage is to move to the
                   uncomfortable                                            'rescue' of the Hurt and Rescue
                                                                            principle
                   • Your next action is to move the
                   client from despair at the size of his
                   /her problem to hope that he/ she
                   will be able to find a solution.
Across Domains: Healthcare
                         L.O.C.A.T.E
       • Use empathy to show that you        •  Use active    •Detect their needs
                                             and deep         and goals
       care about them and hence
                                             listening
       develop trust that will bond them
       to you.
                                                                                        • Watch body
                                                         Listen                         language
       • Note that empathy is difficult to                                              • Watch how their
       fake -- if you truly do care about                                               body changes with
       them then it will shine through                                                  their words
       your words and deeds.                                                            • It communicate
                                                                                        feelings




   • If you just ask questions, the
                                                                                    • Bringing things
   client may become suspicious.                                                    together leads to new
                                                             Ask                    thoughts and
   • Share little information about                                                 potentially useful
                                                                                    discoveries.
   you and your company, do be
   careful not to over-do this.


                                                  • Ask questions to
                                                  discover more detail
                                                  that is relevant to your
                                                  selling process.
Risky Business
• Selling expensive products may take days or
  months to complete

• Each step is more pronounced and prolonged

• Salesperson may be addressing more than one
  person on buyers end
  – Because it is an important and expensive purchase
  – May require approval by several people
Risky Business
• More money involved in sale
  – Buyer more hesitant and cautious
  – People are exceptionally cautious about parting
    with large amounts of cash
• Buyer wary of personal risk being assumed
  – Purchasing mistakes may lead to losing of respects
    from superiors , co-workers and family and friend,
    demotion or even job loss
• Costly mistakes at home may mean:
  – Personal loss or
  – Inconvenience that haunts us for a long time
Cold Call Sales
• Buyers don’t come to sellers; sellers seek out
  buyers
  – Targeted as potential markets
• Present a special challenge to the salesperson
  – Trying to get others to change
  – To accept a new product or service or way of
    doing things
• Buyer may not even be aware he or she have a
  need or problem
To Be Successful
• Win buyer’s trust if you are:
• Honest about yourself, your product and your
  experience
• Realistic about what it can and cannot do for the
  buyer
• Communicate and maintain contact with the
  buyer, advising him or her of potential problems,
  offering solutions and promptly responding to
  concerns raised by the buyer
• Concerned about the buyer and the buyer’s need,
  not yourself and your own needs
To Be Successful
• Gently encourage buyers to discover for
  themselves that change is necessary or good
• Help them realize you are the resource who
  can assist in making the improvement painless
• Credibility is demonstrated in your knowledge
  of your product, competitors’ product and the
  industry.
• Good communication skills and
• Reliability
Cold Call Format
•   Your name
•   Your company name
•   A greeting such as, “Very nice to meet you.”
•   Your product or service’s primary benefit
•   Why you’re calling followed by a commitment question
•   Some discussion to determine interest
•   Qualifying
    – (do they meet all necessary criteria – affordability, need, health
      requirements, etc.)
• Rapport building
• Closing on the next step
• A strong final statement
Role Play

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Conquering cold calling

  • 1. Selling Homeowers’ Enjoyment of Home Mark McKenzie, ACB Persuasive Speaking Project 2 – Conquering The Cold Call April 10, 2013
  • 2. Objectives of Presentation • Learn a technique for cold call selling of expensive products or services • Recognize the risks buyers assume in purchasing • Use questions to help the buy discover problems with his or her situations • Successfully handle buyer’s objections and concerns
  • 3. Order of Presentation • Part 1: Presentation - 3 to 4 mins. – Presentation on the persuasive process used in cold call sales of expensive items • Part 2: Role Play – 5 to 7 mins. – Introduction partner, – Introduction of scenario for role play and – Role play • Part 3: Informal discussion - 2 to 3 mins – What could I say or do differently to more effective? – Other questions
  • 4. Consumer Buying Decision Process Need Recognition & Problem Awareness Information Search Evaluation of Alternatives Purchases Post-Purchase Evaluation
  • 5. A Five-step thought process used by buyers Need Identification Begins when buyer has an unsatisfied need Recognition of Importance Buyer realizes the need is important that it requires action Search for Fulfillment Buyer looks for ways to fill this recognized need. Evaluation of Options Buyer examine different options, study information collected and match needs against each option Decision-making After considering the information and options, buyer makes decision either purchase or not purchase. Source: The Anatomy of Persuasion by Norbert Aubuchon, see page 7 Persuasive Speaking, Toastmasters Advance Communication Series
  • 6. Across Domains: Retail Offerings A.D.A.P.T ACTIVATION ASSESSMENT DISCOVERY • Identify some areas which are of • Activate their perception and • Ask open questions discomfort about the problem in more particular interest to you or where you • Get client to tell you about his/her may be able to make a sale. detail situation. • Make them dissatisfied with the • Ask client about problems he/she • Should be relaxed and non- current situation may be experiencing. threatening , seem easy for client but • The 'hurt' of the Hurt and Rescue • DO NOT start selling product at this packed with information for you. principle point. PROJECTION TRANSITION • Now that the client is actively • The last stage is to move to the uncomfortable 'rescue' of the Hurt and Rescue principle • Your next action is to move the client from despair at the size of his /her problem to hope that he/ she will be able to find a solution.
  • 7. Across Domains: Healthcare L.O.C.A.T.E • Use empathy to show that you • Use active •Detect their needs and deep and goals care about them and hence listening develop trust that will bond them to you. • Watch body Listen language • Note that empathy is difficult to • Watch how their fake -- if you truly do care about body changes with them then it will shine through their words your words and deeds. • It communicate feelings • If you just ask questions, the • Bringing things client may become suspicious. together leads to new Ask thoughts and • Share little information about potentially useful discoveries. you and your company, do be careful not to over-do this. • Ask questions to discover more detail that is relevant to your selling process.
  • 8. Risky Business • Selling expensive products may take days or months to complete • Each step is more pronounced and prolonged • Salesperson may be addressing more than one person on buyers end – Because it is an important and expensive purchase – May require approval by several people
  • 9. Risky Business • More money involved in sale – Buyer more hesitant and cautious – People are exceptionally cautious about parting with large amounts of cash • Buyer wary of personal risk being assumed – Purchasing mistakes may lead to losing of respects from superiors , co-workers and family and friend, demotion or even job loss • Costly mistakes at home may mean: – Personal loss or – Inconvenience that haunts us for a long time
  • 10. Cold Call Sales • Buyers don’t come to sellers; sellers seek out buyers – Targeted as potential markets • Present a special challenge to the salesperson – Trying to get others to change – To accept a new product or service or way of doing things • Buyer may not even be aware he or she have a need or problem
  • 11. To Be Successful • Win buyer’s trust if you are: • Honest about yourself, your product and your experience • Realistic about what it can and cannot do for the buyer • Communicate and maintain contact with the buyer, advising him or her of potential problems, offering solutions and promptly responding to concerns raised by the buyer • Concerned about the buyer and the buyer’s need, not yourself and your own needs
  • 12. To Be Successful • Gently encourage buyers to discover for themselves that change is necessary or good • Help them realize you are the resource who can assist in making the improvement painless • Credibility is demonstrated in your knowledge of your product, competitors’ product and the industry. • Good communication skills and • Reliability
  • 13. Cold Call Format • Your name • Your company name • A greeting such as, “Very nice to meet you.” • Your product or service’s primary benefit • Why you’re calling followed by a commitment question • Some discussion to determine interest • Qualifying – (do they meet all necessary criteria – affordability, need, health requirements, etc.) • Rapport building • Closing on the next step • A strong final statement