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What Kind of Sales Person are You? How to
Increase Sales in a Slow Economy
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By Colleen Francis
Not long ago, a client of mine asked me how he could identify a successful
sales person, and what kinds of sales people he should try to avoid. This
question has since come up repeatedly in training sessions, and not just by
managers trying to evaluate their team, but by sales people who are looking to
improve their results, despite what others see as a soft economy.
As often as not, the question is followed by: "Is it even possible to be
successful in sales today?"
The answer? Absolutely. How? Simple - stop blaming the economy. It's not the
economy that's the problem. If you're not making enough sales today, it's
because of one of two things:
1. You're not working hard enough; or 2. You're perceived poorly by your
customers.
The first is easy enough to fix. If you're not working hard enough, work
harder! Get out and make those extra calls. If that doesn't work, make five
more.
The second problem is more difficult. To solve it, you first need to answer two
questions: How do your customers perceive you? And how should they perceive
you?
How do your customers perceive you?
Based on my research, sales people are generally perceived by buyers in one of
four ways:
1. Purely transactional. Purely transactional sales people are
in for the kill - always. They love "the deal," and once a deal is done, they
immediately move on to the next one. Most transactional sales people work in
high volume but low price environments, where they can close numerous
transactions each day or week.
Traditionally, they don't excel at building long-term relationships with their
customers, and if the customer isn't looking to buy right now, the
transactional sales person quickly moves on.
2. "How do you like me so far?" These sales people rely on
humor to get them in the door, and get customers to like them. They try to
charm their prospects into buying. They tell jokes, dish great gossip and are
always everyone's favorite water cooler companion.
3. The Ginsu knifers. This category represents the majority of
sales people - those who use greed to convince their prospects to buy. I call
them "Ginsu knifers" in honor of the old infomercials where a slick announcer
would constantly tease prospects with the line "but wait… don't order yet!" and
then proceed to tell us about all the great discounts, special offers and
additional products we could expect to receive. Today, we see greed being used
a little more subtly, but still in the same familiar ways, whether it's through
offering free samples, special discounts, money-back guarantees - or simply the
lowest price.
4. Honesty sells. Finally, a small but exceptionally
successful group of sales people simply focus on being nice to - and, yes,
honest with - their customers. They genuinely care for their customers, feel
empathy or compassion for their problems and sincerely want to help them.
Honest sales people don't "pitch" prospects or sell features and benefits. They
don't pressure with limited-time offers and discounts. Most importantly, they
do little talking (25%) and a lot of listening (75%).
Maybe P.T. Barnum was wrong…
So, between these four main types of sales people, who really finishes last -
and who finishes first?
Transactional sales people may close lots of deals up front,
but because they don't create a memorable customer experience, their customers
will eventually feel used, as if their value to the company is solely
determined by the size of their last order. Customer service issues will go
ignored, because solving them has no immediate impact on the bottom line. As a
result, the customer begins to shop around. Sales managers beware: if you're
paying your sales reps more to close new business then you are for add-on
business from existing customers, you risk creating a department full of only
transactional style sales people.
You can only be the life of the party for so long, and let's
face it, how can your customer take you seriously when you don't take yourself
seriously? You'll probably close some smaller deals because people like you,
but will they trust you when it comes time for the big deal? Plus, being the
jokester is a difficult role to maintain, and you could end up offending
someone important. If you were one of those rare individuals who is so gifted
and so well informed that they can hold the interest of a large group of people
over a long period of time through humor alone, chances are you'd already have
your own sitcom deal with NBC.
Unless you're Wal-Mart, Price Chopper or Costco, playing to
people's greed is not a good way to differentiate yourself or your company in
the long term. Why? Far too many companies are already trying to occupy this
space, and eventually, all those discounts will lead to eroding profits,
unprofitable sales and bankrupt organizations. Your customers soon learn that
you can't be trusted, and when that happens, they start holding out for lower
and lower prices, or playing you against your competitors for more features,
freebies and faster delivery. In the end, playing low-ball puts your prospect
in the driver's seat of your career. If you want to stay on top of your
profession, you need to regain control.
Nice guys finish first, because nice guys understand that
closing business is not about them. It's about the customer. Nice guys focus on
creating a positive customer experience that is based on trust and honesty. As
a result, 98% of their customers don't look elsewhere when they need to
reorder. This means that "nice" sales people do 70-80% of their business each
year with their existing customer base, proving that being honest is the true
secret to working less and selling more.
8 steps to a more positive customer experience
Success in sales depends on creating a positive customer experience. How can
you make yourself more likeable, and create a more positive experience for your
customers?
1. Be empathetic and compassionate. Truly care about your
customer (no matter how good an actor you are, faking it won't work). Ask
questions, take notes and lean in to show that you're engaged in their answers.
When you take an interest in people, they remember you - and when people
remember you, it's good for business.
2. Observe their eyes, handshake, body language and tone of voice.
Try to capture the physical impression your prospect makes, then do your best
to match it. (Read our previous sales tips on using body language to build
rapport at Building Rapport: Style Before Substance).
3. Make eye contact. This is especially important when you
walk into a room full of people. Eye contact is also essential after we get to
know people, because it cements our existing relationships and lets them know
that we're still interested in their well being. So few sales people ever look
their prospects directly in the eye. By simply smiling and making eye contact,
you'd be surprised how much you will set yourself apart.
4. Add value and give first. Share your network of contacts
with your customers, and don't expect them to give you their business without
you giving them something first. I don't mean give away free product in the
hopes they will buy more. Instead, look to give away things that increase your
value. Perhaps they need a referral to a partner of yours, or help finding a
new dentist. Or maybe they have a business problem that can be fixed with a new
idea you read about or heard from someone else you've met.
5. Express your true intent. Tell customers upfront: "I don't
know if there's a fit between what you need and what I have right now, but I'm
hoping we can explore that in more detail during this meeting." Or: "I only
have your best interests at heart, and I promise to be honest with you
throughout our conversation. In the end, I hope that we can mutually decide if
there is a reason to move forward. If not, that's fine too, and I hope you'll
feel comfortable telling me so." Does this make you uncomfortable? I'm not
surprised - this advice runs counter to 90% of the approaches I see being used
in the field today. But then again, maybe that's why only 10% of sales people
are top performers. Try it yourself a few times, and you'll be amazed at the
response you get.
6. Don't go for the big decision all at once. In our personal
lives, we don't propose to someone before we've been on a first date. The same
is true in our business relationships, so get approval from the customer to
move ahead in increasing increments. The first approval might be just to agree
to speak openly with each other, as outlined in Tip #5 above. The second could
be an agreement on a follow-up call or meeting date. The third might be gaining
agreement on the decision making criteria, then a commitment to have the "big
boss" present at the demo, followed by an agreement to a "go/no go" decision
date. All too often, I see sales people jumping way ahead of their prospect's
buying curve. This puts the buyer and the seller out of synch. When the sales
person is trying to close while the prospect is still evaluating options or
determining risk, trust is broken, the prospect feels pushed and the sale comes
dangerously close to disappearing.
7. Use friendly, warm words instead of formal business speak. When
you use simple language, people respond better and trust you more. So limit
your words to three syllables max. And don't try to impress prospects with your
extensive vocabulary, or you may end up just sounding fake.
8. Use people's names. When it comes to using names, there are
just two rules to follow: first, be aware of whether they're more comfortable
with first name only or title + last name; and second, never overuse their name
- this only sounds corny and false. Dale Carnegie once said, "nothing is so
beautiful to a person as the sound of their own name." Just use your
discretion.
Remember: your success is directly determined by the way you are perceived, and
the amount of effort you put into your career. Changing either of those
variables will have a huge impact on whether you succeed or fail when the going
gets tough.
In other words, in good times or in bad, the type of sales person you choose to
be is 100% up to you. Chose to be "nice" - by which I mean honest, open and
empathetic to your customers' needs - and you will experience consistent sales
growth, build an excellent reputation and become a leader in your field,
regardless of the market you sell in or the state of the economy.
______________________________________
Colleen Francis, Sales Expert, is Founder and President of Engage Selling
Solutions (www.EngageSelling.com).
Armed with skills developed from years of experience, Colleen helps clients
realize immediate results, achieve lasting success and permanently raise their
bottom line.
Start improving your results today with Engage's online Newsletter Engaging
Ideas AND 10 weeks of free sales tips:
www.EngagingIdeasOnline.com.
Read other articles in this issue:
Basics Prevail When It
Comes to Direct Mail (Part 1)
Writing for Direct Mail -
The Art of the Irresistible Offer
What Kind of Sales Person are You? How to Increase Sales in a Slow Economy
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