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Understanding the Science of Sales



                              Creating Sales, Generating Business
The secret of selling


Be Brilliant
 The customer wants
  you to be great
 Most people are boring
 Customers like to talk
 Know why you are
  meeting
 Ask for the business
Whether you think you can or you think you
can’t ……..

You are PROBABLY RIGHT!
                                    Henry Ford
Selling Equation




ACTIVITY X FOCUS X SKILLS
                          = RESULT
      COURAGE X LUCK
The Basics
   Say why you are there – be honest
   Understand the customer – become an expert
   A no means you didn’t understand - keep going
   Don’t be boring
   Ask for Money
Where should we be?




                                        Productivity
                                        Profitability
                                        Customer Intimacy




                      Cost Management
In hard times it just got easier

   The money is all in one place
   It is easy to liberate
   Decisions are quick
   There is a new problem
   I’m not worthy
KPIs - Formula for Success
   Phase             KPI            Style


                Number of Apts
   Activity       CEO Apts         Trend
               Apts on Message




               Account Planning
   Focus        Deal Planning       Size
                  4X Funnel




              30 Day 95% Outlook
    Skills       100% On Plan
                                   Specific
Sales Process

    Agenda
    Listen
    Explore/Examine/Evaluate
    ROI
    Transaction
Objection Handling

                           Listen


                     Test Understanding


                     Gain Commitment


     Doubt           Misunderstanding     Genuine Disadvantage


     Proof               Apologize          Maximize Benefits


                           Clarify


                           Close
Thank you

 For further information please contact
 Richard Hoy
 604 376 0418
 richard.hoy@compasspeak.com

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SMEI 15 Feb 2011 - short version

  • 1. Understanding the Science of Sales Creating Sales, Generating Business
  • 2. The secret of selling Be Brilliant  The customer wants you to be great  Most people are boring  Customers like to talk  Know why you are meeting  Ask for the business
  • 3. Whether you think you can or you think you can’t …….. You are PROBABLY RIGHT! Henry Ford
  • 4. Selling Equation ACTIVITY X FOCUS X SKILLS = RESULT COURAGE X LUCK
  • 5. The Basics  Say why you are there – be honest  Understand the customer – become an expert  A no means you didn’t understand - keep going  Don’t be boring  Ask for Money
  • 6. Where should we be? Productivity Profitability Customer Intimacy Cost Management
  • 7. In hard times it just got easier  The money is all in one place  It is easy to liberate  Decisions are quick  There is a new problem  I’m not worthy
  • 8. KPIs - Formula for Success Phase KPI Style Number of Apts Activity CEO Apts Trend Apts on Message Account Planning Focus Deal Planning Size 4X Funnel 30 Day 95% Outlook Skills 100% On Plan Specific
  • 9. Sales Process  Agenda  Listen  Explore/Examine/Evaluate  ROI  Transaction
  • 10. Objection Handling Listen Test Understanding Gain Commitment Doubt Misunderstanding Genuine Disadvantage Proof Apologize Maximize Benefits Clarify Close
  • 11. Thank you For further information please contact Richard Hoy 604 376 0418 richard.hoy@compasspeak.com