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The Objective Seller
May 12, 2014
•Tibor Shanto
•Renbor Sales Solutions Inc.
•@TiborShanto
http://www.sellbetter.ca/salesforce
Commitment to Action
Today’s Focus
FIRST: WHO YOU SELLTO
SECOND: HOW YOU SELLTO THEM
Target
Market
Target
Market70%
Status Quo
Status Quo
• Reluctant to Change Closed to alternatives
• Happy and not looking
• Satisfied
Target
Market70%
Status Quo
70%
Status Quo
Base
70%
Status Quo
Mainstream: Happy/Satisfied – Not Looking = Closed to alternatives
75% of customers who leave or switch vendors for a competitor, when
asked, say they were ‘satisfied or completely satisfied’ with the vendor
they left, at the time they switched.
‘Customer Loyalty Guaranteed’ Bell & Patterson
Old Perception: Satisfied – Not Looking = Closed to alternatives
What’s the one thing they All Have In Common?
Objectives
Old Perception: Satisfied – Not Looking = Closed to alternatives
Yet to be presented with or perceive a means to help them achieve their
Objectives – and therefore worth pursuing!
1. A specific result that a person/company sets to achieve within a
time frame and with available resources. Objectives are more
specific and easier to measure than goals. Objectives are basic
tools that underlie all planning and strategic activities. They
serve as the basis for creating policy and evaluating
performance. Some examples of business objectives include
minimizing expenses, expanding internationally, or making a
profit.
2. Neutral (bias free), relating to, or based on verifiable evidence
or facts instead of on attitude, belief, or opinion. Opposite of
subjective.
My 18 Month Objectives
• I Increased revenues by 15%
• I Increased margins by 20%
• I ran a half marathon in under 1:50
• I picked up 2 clients inAsia, 1 inAfrica, and 1 in India
• Trained 3 of the top 5 integrators in Ontario
Objectives
• Objectives are the most POWERFULand POSITIVE FORCE you can
harness in delivering VALUE TO YOUR BUYERSAND TO YOUR
COMPANY
Objectives
• Objectives are the most POWERFULand POSITIVE FORCE you can
harness in delivering VALUE TO YOUR BUYERSAND TO YOUR
COMPANY
• Objectives are Much more powerful than Pain, Needs or Solutions
Objectives
• Objectives are the most POWERFULand POSITIVE FORCE you can
harness in delivering VALUE TO YOUR BUYERSAND TO YOUR
COMPANY
• Objectives are Much more powerful than Pain, Needs or Solutions
• Every business – business owner – business person, has objectives
Objectives
• Objectives are the most POWERFULand POSITIVE FORCE you can
harness in delivering VALUE TO YOUR BUYERSAND TO YOUR
COMPANY
• Objectives are Much more powerful than Pain, Needs or Solutions
• Every business – business owner – business person, has objectives
• Not all of those same people have or perceive a pain or a need, or
recognize they have a problem in search of a solution
Objectives
• Objectives are the most POWERFULand POSITIVE FORCE you can
harness in delivering VALUE TO YOUR BUYERSAND TO YOUR
COMPANY
• Objectives are Much more powerful than Pain, Needs or Solutions
• Every business – business owner – business person, has objectives
• Not all of those same people have or perceive a pain or a need, or
recognize they have a problem in search of a solution
• Pain – short lived, people learn to cope; objectives – uplifting, people can’t
get enough.
Value
Value
Value Proposition
• prop·o·si·tion
/ˌprɒpəˈzɪʃən/ Show Spelled[prop-uh-zish-uhn] Show IPA
noun
1. the act of offering or suggesting something to be considered, accepted,
adopted, or done.
2. a plan or scheme proposed.
3. an offer of terms for a transaction, as in business.
Value
Value Proposition
• prop·o·si·tion
/ˌprɒpəˈzɪʃən/ Show Spelled[prop-uh-zish-uhn] Show IPA
noun
1. the act of offering or suggesting something to be considered, accepted,
adopted, or done.
2. a plan or scheme proposed.
3. an offer of terms for a transaction, as in business.
Still A Pitch
Actionable Definition of Value:
Actionable Definition of Value:
Those offerings that remove barriers, obstacles, or helps bridge GAPS
between where the buyer is now – and – their objectives!
How Do I Know What
Their Objectives Are ?
Client Life Cycle
Why People Buy
• If a buyer’s objective was to drill perfect ¼ inch holes, every time – no room
for a millimeter of error
Why People Buy
Why People Buy
Why People Buy
Connector
Increase # of
calls
Save fuel &
Inventory costs
Accelerate
receivables
Increase # of
calls
Save fuel &
Inventory costs
Accelerate
receivables
1 more call per
truck
Increase # of
calls
Save fuel &
Inventory costs
Accelerate
receivables
1 more call per
truck
Increased return
on assets
Green wash
Increase # of
calls
Save fuel &
Inventory costs
Accelerate
receivables
1 more call per
truck
Shorter
collection
periods
Increased return
on assets
Green wash
Connector
Increase # of
calls
Save fuel &
Inventory costs
Accelerate
receivables
1 more call per
truck
Tracks Assets &
Inventory control
Response time
On the spot
billing
Shorter
collection
periods
Increased return
on assets
Green wash
Connector
Connector
Connector
How Do I Know
Win – Lose – Draw
360o Deal Review
360o Deal View
http://www.sellbetter.ca/salesforce
Key To Objectives
• How can you directly support their goals?
• Can you help resolve their biggest issue?
• Can you help them reduce risk?
• Can you add value to their services?
• Can you enhance their reputation?
• Can you reduce their cost of doing business?
Connector
I am curious Henry, how much of your
current revenue comes from Existing clients
vs. New clients?
I am curious Henry, how much of your
current revenue comes from Existing
clients vs. New clients?
About 88% Existing, 12% New.
I am curious Henry, how much of your current revenue
comes from Existing clients vs. New clients?
About 88% Existing, 12% New.
So Henry, if we looked at your 2014 plan,
what did you have there as your goal?
I am curious Henry, how much of your current revenue
comes from Existing clients vs. New clients?
About 88% Existing, 12% New.
So Henry, if I looked at your 2014 plan,
what did you have there as your goal?
Oh, I had planned 80% existing, 20% new
I am curious Henry, how much of your current revenue
comes from Existing clients vs. New clients?
About 88% Existing, 12% New.
So Henry, if I looked at your 2014 plan,
what did you have there as your goal?
Oh, I had planned 80% existing, 20% new
GAP
The Follow-through
Where they are now
How they measure the situation
Where they had planned or hoped to be
Establish and re-establish the Gap
Quantify the impact of addressing the Gap
Quantify the impact of inaction
Extrapolate over the course of ownership/benefit
GAP Selling
Not Optional!
Where they are now
How they measure the situation
Where they had planned or hoped to
be
Establish and re-establish the Gap
Quantify the impact of addressing
the Gap
Quantify the impact of inaction
Extrapolate over the course of
ownership/benefit
What do you attribute that to?
Too much time with their base
Call reluctance
Dependency on marketing
Don’t deal/manage objections well
If you were at plan, what would be
different?
Bigger market share
Reduced cost per sale
Increase in higher margin services
related revenues
Over all margins improved
What’s the downside if you continue to
miss?
What's the cost of not acting?
At your objective, what would be the
potential return?
And the average tenure of your reps?
Building A Better Question
Generic
• If we were sitting here a 18 months from now, and you were telling me that
the team had hit a grand slam, What would that look like?
Building A Better Question
Generic
• If we were sitting here a 18 months from now, and you were telling me that
the team had hit a grand slam, What would that look like?
• So Why aren’t we there now?
In Summary
• Objectives more powerful than Pain, Needs or Solutions
• Objectives Expand your Market and Opportunities
• Actionable Definition Of Value
• Know Why Things Happen the Way They Happen
• The Right Questions are Based on the RightAnswers
Time To Commit
Write Down Three Things You Will Put Into
Practice
When
1)
2)
3)
tibor.shanto@sellbetter.ca
http://www.sellbetter.ca/salesforce
Tibor Shanto
• #8 on Top 30 Social Salespeople in the World – forbes.com
• Top 50 Sales & Marketing Influencers for 2013 - Top Sales World
• Top 25 Sales Influencers for 2013 - OpenView Labs
• Top 50 Sales & Marketing Blogs 2012 - Top Sales World
• 25 Influential Leaders In Sales – 2012 Edition - InsideView
• 50 Most Influential People in Sales Lead Management - Sales
Lead Management Association, 2010
• 2010 Top 25 Sales Blogs - Top Sales World
• 2010 Top 50 Sales Blogs - Evan Carmichael
The Objective Seller
Questions?
Tibor Shanto
Principal
Renbor Sales Solution$ Inc.
(855) 25-SALES
Tibor.Shanto@SellBetter.ca
www.SellBetter.ca
www.SellBetter.ca/blog
twitter.com/TiborShanto
http://www.sellbetter.ca/salesforce

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The Objective Seller - Increasing Return On Objective for Clients and your company

  • 1. The Objective Seller May 12, 2014 •Tibor Shanto •Renbor Sales Solutions Inc. •@TiborShanto
  • 4. Today’s Focus FIRST: WHO YOU SELLTO SECOND: HOW YOU SELLTO THEM
  • 7. Status Quo • Reluctant to Change Closed to alternatives • Happy and not looking • Satisfied
  • 10.
  • 11.
  • 12. Base
  • 14. Mainstream: Happy/Satisfied – Not Looking = Closed to alternatives
  • 15. 75% of customers who leave or switch vendors for a competitor, when asked, say they were ‘satisfied or completely satisfied’ with the vendor they left, at the time they switched. ‘Customer Loyalty Guaranteed’ Bell & Patterson
  • 16. Old Perception: Satisfied – Not Looking = Closed to alternatives What’s the one thing they All Have In Common?
  • 18. Old Perception: Satisfied – Not Looking = Closed to alternatives Yet to be presented with or perceive a means to help them achieve their Objectives – and therefore worth pursuing!
  • 19. 1. A specific result that a person/company sets to achieve within a time frame and with available resources. Objectives are more specific and easier to measure than goals. Objectives are basic tools that underlie all planning and strategic activities. They serve as the basis for creating policy and evaluating performance. Some examples of business objectives include minimizing expenses, expanding internationally, or making a profit. 2. Neutral (bias free), relating to, or based on verifiable evidence or facts instead of on attitude, belief, or opinion. Opposite of subjective.
  • 20. My 18 Month Objectives • I Increased revenues by 15% • I Increased margins by 20% • I ran a half marathon in under 1:50 • I picked up 2 clients inAsia, 1 inAfrica, and 1 in India • Trained 3 of the top 5 integrators in Ontario
  • 21. Objectives • Objectives are the most POWERFULand POSITIVE FORCE you can harness in delivering VALUE TO YOUR BUYERSAND TO YOUR COMPANY
  • 22. Objectives • Objectives are the most POWERFULand POSITIVE FORCE you can harness in delivering VALUE TO YOUR BUYERSAND TO YOUR COMPANY • Objectives are Much more powerful than Pain, Needs or Solutions
  • 23. Objectives • Objectives are the most POWERFULand POSITIVE FORCE you can harness in delivering VALUE TO YOUR BUYERSAND TO YOUR COMPANY • Objectives are Much more powerful than Pain, Needs or Solutions • Every business – business owner – business person, has objectives
  • 24. Objectives • Objectives are the most POWERFULand POSITIVE FORCE you can harness in delivering VALUE TO YOUR BUYERSAND TO YOUR COMPANY • Objectives are Much more powerful than Pain, Needs or Solutions • Every business – business owner – business person, has objectives • Not all of those same people have or perceive a pain or a need, or recognize they have a problem in search of a solution
  • 25. Objectives • Objectives are the most POWERFULand POSITIVE FORCE you can harness in delivering VALUE TO YOUR BUYERSAND TO YOUR COMPANY • Objectives are Much more powerful than Pain, Needs or Solutions • Every business – business owner – business person, has objectives • Not all of those same people have or perceive a pain or a need, or recognize they have a problem in search of a solution • Pain – short lived, people learn to cope; objectives – uplifting, people can’t get enough.
  • 26. Value
  • 27. Value Value Proposition • prop·o·si·tion /ˌprɒpəˈzɪʃən/ Show Spelled[prop-uh-zish-uhn] Show IPA noun 1. the act of offering or suggesting something to be considered, accepted, adopted, or done. 2. a plan or scheme proposed. 3. an offer of terms for a transaction, as in business.
  • 28. Value Value Proposition • prop·o·si·tion /ˌprɒpəˈzɪʃən/ Show Spelled[prop-uh-zish-uhn] Show IPA noun 1. the act of offering or suggesting something to be considered, accepted, adopted, or done. 2. a plan or scheme proposed. 3. an offer of terms for a transaction, as in business. Still A Pitch
  • 30. Actionable Definition of Value: Those offerings that remove barriers, obstacles, or helps bridge GAPS between where the buyer is now – and – their objectives!
  • 31.
  • 32.
  • 33.
  • 34. How Do I Know What Their Objectives Are ?
  • 36.
  • 37. Why People Buy • If a buyer’s objective was to drill perfect ¼ inch holes, every time – no room for a millimeter of error
  • 41.
  • 42.
  • 43.
  • 45.
  • 46. Increase # of calls Save fuel & Inventory costs Accelerate receivables
  • 47. Increase # of calls Save fuel & Inventory costs Accelerate receivables 1 more call per truck
  • 48. Increase # of calls Save fuel & Inventory costs Accelerate receivables 1 more call per truck Increased return on assets Green wash
  • 49. Increase # of calls Save fuel & Inventory costs Accelerate receivables 1 more call per truck Shorter collection periods Increased return on assets Green wash
  • 50. Connector Increase # of calls Save fuel & Inventory costs Accelerate receivables 1 more call per truck Tracks Assets & Inventory control Response time On the spot billing Shorter collection periods Increased return on assets Green wash
  • 54. How Do I Know Win – Lose – Draw 360o Deal Review
  • 56. Key To Objectives • How can you directly support their goals? • Can you help resolve their biggest issue? • Can you help them reduce risk? • Can you add value to their services? • Can you enhance their reputation? • Can you reduce their cost of doing business?
  • 58.
  • 59.
  • 60. I am curious Henry, how much of your current revenue comes from Existing clients vs. New clients?
  • 61. I am curious Henry, how much of your current revenue comes from Existing clients vs. New clients? About 88% Existing, 12% New.
  • 62. I am curious Henry, how much of your current revenue comes from Existing clients vs. New clients? About 88% Existing, 12% New. So Henry, if we looked at your 2014 plan, what did you have there as your goal?
  • 63. I am curious Henry, how much of your current revenue comes from Existing clients vs. New clients? About 88% Existing, 12% New. So Henry, if I looked at your 2014 plan, what did you have there as your goal? Oh, I had planned 80% existing, 20% new
  • 64. I am curious Henry, how much of your current revenue comes from Existing clients vs. New clients? About 88% Existing, 12% New. So Henry, if I looked at your 2014 plan, what did you have there as your goal? Oh, I had planned 80% existing, 20% new GAP
  • 65. The Follow-through Where they are now How they measure the situation Where they had planned or hoped to be Establish and re-establish the Gap Quantify the impact of addressing the Gap Quantify the impact of inaction Extrapolate over the course of ownership/benefit GAP Selling Not Optional!
  • 66. Where they are now How they measure the situation Where they had planned or hoped to be Establish and re-establish the Gap Quantify the impact of addressing the Gap Quantify the impact of inaction Extrapolate over the course of ownership/benefit What do you attribute that to? Too much time with their base Call reluctance Dependency on marketing Don’t deal/manage objections well If you were at plan, what would be different? Bigger market share Reduced cost per sale Increase in higher margin services related revenues Over all margins improved What’s the downside if you continue to miss? What's the cost of not acting? At your objective, what would be the potential return? And the average tenure of your reps?
  • 67. Building A Better Question Generic • If we were sitting here a 18 months from now, and you were telling me that the team had hit a grand slam, What would that look like?
  • 68. Building A Better Question Generic • If we were sitting here a 18 months from now, and you were telling me that the team had hit a grand slam, What would that look like? • So Why aren’t we there now?
  • 69. In Summary • Objectives more powerful than Pain, Needs or Solutions • Objectives Expand your Market and Opportunities • Actionable Definition Of Value • Know Why Things Happen the Way They Happen • The Right Questions are Based on the RightAnswers
  • 70. Time To Commit Write Down Three Things You Will Put Into Practice When 1) 2) 3) tibor.shanto@sellbetter.ca http://www.sellbetter.ca/salesforce
  • 71. Tibor Shanto • #8 on Top 30 Social Salespeople in the World – forbes.com • Top 50 Sales & Marketing Influencers for 2013 - Top Sales World • Top 25 Sales Influencers for 2013 - OpenView Labs • Top 50 Sales & Marketing Blogs 2012 - Top Sales World • 25 Influential Leaders In Sales – 2012 Edition - InsideView • 50 Most Influential People in Sales Lead Management - Sales Lead Management Association, 2010 • 2010 Top 25 Sales Blogs - Top Sales World • 2010 Top 50 Sales Blogs - Evan Carmichael
  • 72.
  • 73. The Objective Seller Questions? Tibor Shanto Principal Renbor Sales Solution$ Inc. (855) 25-SALES Tibor.Shanto@SellBetter.ca www.SellBetter.ca www.SellBetter.ca/blog twitter.com/TiborShanto http://www.sellbetter.ca/salesforce