Showing posts with label sales. Show all posts
Showing posts with label sales. Show all posts

Sunday, January 6, 2013

How do laughing, kissing and closing a sale differ?

Exceptional Sales Performance

Monday Motivational Minute

How do laughing, kissing and closing a sale differ?


January 7th 2013
 


By Gregory Ferrett

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Welcome to Monday


While watching the film “She’s the Man” one line stood out to me. Viola, dressed as a man, is coaching Duke on how to get a woman to like him. She says “If you can get a girl to laugh she will fall in love with you...?
Laughing breaks down barriers

This made me think ... what is it about laughing which changes a persons mind? And how relevant is this to influence in other life activities?


Laughter is one of the few activities which can change the chemistry of the whole body. A hearty well developed laugh provides input into three areas of the body;


Energy

Laughter is the simplest and best way to quickly recharge energy reserves. (You can read more about the energy in the article ‘What can you do when you hit the wall and nothing seems to be working’)

Chemical

When you laugh, you generate a wealth of healing biochemical compounds. Deepak Chopra says “...your body can produce any drug you can buy from your chemist or drug store...” and one short burst of laughter can produce the life saving chemicals which drug companies sell for thousands of dollars. When you laugh your cortisol and catecholamine levels reduce and the left and right side of your brain come back into electrical balance.

Physical

Laughter helps circulate lymph fluid and helps your organs by removing waste products, increasing your body’s ability to fight infection. Laughter also increases oxygen supply allowing your body to generate more energy. Higher levels of oxygen produce a natural ‘high’. Laughter, especially outrageous laughter, can give your body a real workout.

What about kissing and closing a sale?

There are a few high stress activities in life. Two of the items right up there are making a decision to buy something (especially something expensive) and closing in on that first kiss with someone you really like

As it turns out laughter affects the brain and body in much the same way to reduce stress for these activities.

One side of the brain is saying “You can do better than this”; or “Lets look at more options before we make a decision”.


The other side of the brain is saying “I like the way the colour will look in the living room”, or “I wish he would just kiss me”.


As the brain considers the statements each side of the brain produces a small electrical charge, one side (+) positive and the other (-) negative, not unlike a battle in the brain, creating stress.  By helping a person laugh this barrier is reduced by discharging the two sides.
 

Viola was right. If Duke could get the girl to laugh her barriers came down. Even if these barriers were raised by months of bad behaviour, a single session of laughter will bring all the barriers down.

The same thing happens in a sale. If a salesperson or business owner can reduce the stress being experienced by the buyer using laughter all the barriers are gone. It is then just a matter of handling the real objections to getting a decision finalised.


Today’s question and action

Laughter is a serious matter. Here are some things you can do to help.
  • Be prepared with a series of really funny stories. Like I say to my mother “Never let the facts get in the way of a good yarn”.  Practice them and use them appropriately – you will find people start to respond to you better as you develop your library of humorous stories.
  • Join a laughter club. A simple Google search will bring up your local club. Even a few meetings can change your life.
  • Examine the blockages some of your sales. You may be surprised to see there is a minor point creating tension or stress.  Make it into a point of laughter, with the joke being on yourself, and the watch the process move ahead.
The more you allow fun into your life you will be surprised at how more people will listen and be influenced by you.


Have a great week!



Exceptional Sales Performance

Reprint permission
Permission is granted to reprint this article with the condition it is republished unedited and in full with full attribution to the author and the authors bio. Please provide a link to the reprint to the following email; greg.ferrett@exceptionalsales.com.au


Selling to the Seven Emotional Buying Styles
Discover how to link your product to buyers emotion. In this very practical book you will learn everyday tools to take advantage of proven scientific evidence linking emotion to every decision. You will meet;
  • the Hustler
  • the Artist
  • the Normal
  • the Engineer
  • the Politician
  • the Mover, and
  • the Double Checker
This is one book you will refer to time and again to help you plan sales calls and to close sales.

Buy your Kindle or Hard Copy version here

Sunday, December 2, 2012

Why do people really like you and do business with you?



Exceptional Sales Performance

Monday Motivational Minute

Why do people really like you and do business with you?


November 26th 2012
By Gregory Ferrett


Current research tells us the average person thinks about themselves, and how the world impacts them as an individual, almost every minute they are awake.  Their brain is constantly monitoring the environment alert to physical and emotional danger and opportunities. In less than a second the brain can flood the body with chemicals driving a ‘fight or flight’ or a ‘this sounds great’ response.  

As funny as it sounds, in business I continue to find people who think a person’s response to a sales pitch or a request for support will be different just because it is not a social situation. This is dangerous thinking and can lead to wasteful expenditure of money and emotional capital.


What we see is what we want to see - not what others see

My business partners and I were examining a great product developed by people with outstanding credentials and who seemed to know their target market. Despite good promotion and a strong message which brought in some early wins, it remained languishing as an ‘also ran’ product. At the same time a less developed product with fewer capabilities had grown to dominate the market.

We quizzed the developers who were consistent in their responses.
  • They had developed the most advanced product in the market – no one else could come near it technically
  • They always made a big effort to deliver a great presentation
  • They seemed to be in the right place at the right time early on – now they seemed to be always catching up in the sales process

The consistent message we noticed was our client was focusing on how good they were.


Place yourself in their mind


When you need to influence an outcome or want someone to purchase your product or service the first thing you need to do is understand their situation. The research we mentioned earlier tells us the person you are trying to influence cares very little for you or your company, only for them.  Your telephone call, email or letter is an interruption. You need a way to help the person you want to influence see your product or service making their life better. If you can do this they will start to consider what their life might be like with you or your product or service in it.

This is easier said than done as you also spend most of your time considering yourself. After all you are a human being as well. You think of yourself as someone special, with intelligence and you know what is good for your customer.

I have watched with interest advertisements for the iPad and new Intel Surface computer. Both show people in real situations with their lives enriched because of the device. While they talk about the quality of the display, the discussion is about the way your life will be if you use the device. Not the fact one has so many mega pixels. Each time the advertisment shows my whole family wants one - each one for their own reason.

There is a painfully simple yet important lesson to be learned here. When it comes to influencing people or getting them to make a buying decision it is their expectation of what you are asking them to do or buy which will make their mind up. Not what you think is right or wrong.

You can tell the story enthusiastically and with passion, using the best multi-media presentation with endorsements by the best personalities. If you do not know what the person thinks about you are, at best, putting on a show in hope someone listens.

People decide to buy on the basis of expectation – what they perceive the decision will do for them and in their life. If your product or service fits into that perception you have a sale. If not then you don’t. It is as simple as that.

The company was investing enormous amounts of time and effort into selling the inventors idea. He had come up with the idea and made a number of initial sales. Now the company was talking with people who were unfamiliar with the inventor and the concepts he presented.

By changing the perception of the company owners and the way the product and services were presented made an immediate and enormous difference.


People like you and do business with you because they can picture you and your product or service working in their life. The better you are at helping people place you in their life the more successful you will be.

Questions and this weeks activities


There is nothing mysterious about what we did. It required a few simple changes. Try these and you will see your level of influence change quickly and dramatically;

  • Engage your customer in a discussion about their business and their life using a reflective questioning style. You will be surprised what you will find simply by  being genuinely interested and scratching under the surface.

  • Once you have established some rapport ask questions like “Have you considered …?” and “What happens when…?”

  • Paint a picture using words like “Can you imagine leaving the office early confident …?” or “Can you hear your team celebrating knowing …?”
Leave your own ideas at the office – even better, in the shredder. They are great ideas if you are buying – but you are selling and you need to become a part of the buyers concept they are thinking about all the time.



Exceptional Sales Performance



Reprint permission
Permission is granted to reprint this article with the condition it is republished unedited and in full with full attribution to the author and the authors bio. Please provide a link to the reprint to the following email; greg.ferrett@exceptionalsales.com.au




Selling to the Seven Emotional Buying Styles

Discover how to link your product to buyers emotion. In this very practical book you will learn everyday tools to take advantage of proven scientific evidence linking emotion to every decision. You will meet;
  • the Hustler
  • the Artist
  • the Normal
  • the Engineer
  • the Politician
  • the Mover, and
  • the Double Checker
This is one book you will refer to time and again to help you plan sales calls and to close sales.

Buy your Kindle or Hard Copy version here
 

Sunday, November 25, 2012

How can you take a commodity and turn it into a vital requirement for your client?




Exceptional Sales Performance

Monday Motivational Minute

How can you take a commodity and turn it into a vital requirement for your client?


November 26th 2012
By Gregory Ferrett

“How can you take a commodity item and turn it into something critical to your clients' business?” is one of the most common questions I am asked.

To date I have never come across a product or service which can not be linked to something of value - even common things.It just takes a little effort and planning.

Here is an example of how disposable nappies and rubber gloves, in a mature market, turned two businesses into industry powerhouses.


Disposable Nappies / diapers


The first question territory reps of this company were always asked was "What is your best price". They were in a tight competitive aged care market where every dollar counted. The business was going nowhere fast.

With a bit of effort and market research they discovered one of the more significant costs an aged care facility has was laundry.

With a bit of smart thinking they were able to demonstrate by using their incontinence pads laundry costs were reduced significantly due to leakage reduction.

Instead of calling the purchasing manager they were now able to call the CFO and ask this question “If I could show you a way to reduce your laundry costs by 22% would that be something of interest?” The answer was always “How?” and of course the appointment was made.


Rubber Gloves

(Reported in ‘The Age’ – Monday April 15th 2002)

Ansell moved its stake in Ford’s occupational glove business form 25% to 100%, a deal that it sees as a template for future company arrangements.

The Ford contract is worth close to $20 million a year, and is an example of Ansell’s approach to large customers, in which it will enter a contract to assume responsibility for protecting the hands of it’s customer’s workers.

While Ansell has really interesting technology (knitted Kevlar gloves coated with a nitrile polymer) technology alone would never maintain a long term competitive business advantage and they would have easily been caught up by competitors.

Ford used to spend $20 million a year on gloves, however they also had medical costs of $40 million a year for hand injuries. With the use of the new gloves and a partnership with Ansell for ongoing development in the first full six months there was a 50% reduction in injuries.

Ansell were able to link a commodity produuct to a critical business issue and demonstrate the value of working with them alone.

Today's Questions and Actions


Here are some questions and actions to help you uncover how important your product or service might be to your client.
  1. Ask yourself ,and others involved with your clients business, what the challenges they face? List the top few and keep going until you have twenty or more. Be creative and think about the issues their competitors face as well as they are likely to have the same challenges.
  2. What is the press saying about their industry?
  3. What are the opportunities opening up?
For each item list two or three ways your product or service makes it easier to deal with the challenge. From this list you should have at least one, if not more, compelling reasons why a client should talk to you and not just ask for a price.
Have a great week.

Exceptional Sales Performance



Reprint permission
Permission is granted to reprint this article with the condition it is republished unedited and in full with full attribution to the author and the authors bio. Please provide a link to the reprint to the following email; greg.ferrett@exceptionalsales.com.au




Selling to the Seven Emotional Buying Styles

Discover how to link your product to buyers emotion. In this very practical book you will learn everyday tools to take advantage of proven scientific evidence linking emotion to every decision. You will meet;
  • the Hustler
  • the Artist
  • the Normal
  • the Engineer
  • the Politician
  • the Mover, and
  • the Double Checker
This is one book you will refer to time and again to help you plan sales calls and to close sales.

Buy your Kindle or Hard Copy version here
 

Sunday, November 18, 2012

How can you generate curiosity and keep your clients engaged




Exceptional Sales Performance

Monday Motivational Minute

How can you generate curiosity and keep your clients engaged?




November 19th 2012
By Gregory Ferrett

Welcome to Monday

An account manager, during a review of his sales performance and knowing his numbers were down, said, by way of excuse to his manager said, “Richard, I can lead a horse to water, but I can’t make them drink.”

Make them drink?” Richard retorted. “Making customers drink is not your job. Your job is to make them thirsty! When they are thirsty they will drink.”





The most common challenge business and sales people face is coming to an understanding that selling is not something we do that makes a sale occur – it is something the client does. At some point in the sales process the client decides what it is we are selling will satisfy a need and quench their thirst.

So the question is, “how do you create the thirst?”

Curiosity!

There are four main strategies we can use to create curiosity – and to remain curious through the sales process.


1. Be provocative with questions and statements


 

Provocative questions and statements are the most powerful ways to generate curiosity.

When you make that first call what can we say that is provocative, bold and will shake your client out of their current mind set and pay full attention to you?

You may want to try something like this;

Hi Ben, this is Greg from Acme Jones Associates. I have a question. I was reading about your company …. and was wondering if you had ever thought…?”

Or perhaps

Hi Mary, this is Jenny from Acme Jones Associates. I was talking to Merna Balwin of Main Main & Main and wondering if you have experienced the same market challenges as they do?”


2. Provide some of the information


Another challenge business and sales people face is the urge to tell someone everything straight away. I call this ‘showing up and throwing up’. Once there is nothing let to give what value is there in a follow-up call? The key to building and maintaining a long term relationship is to continue adding value with each conversation. If you leave the client curious after the end of each call there is always a reason to call back or to schedule another meeting. Try things like these;

Hi Mary, we met with Mohammed and ran those tests on the production line over the past few days and I think there may be some serious problems.”

Or

We have evaluated the supply chain process and compared it to the industry norms in you market sector and found some anomalies.”

These statements tell a part of the information and are designed to stimulate curiosity. A typical response would be “What kind of problem?” or “What sort of anomalies?”

Of course we do not want to tell them all so we move into something like the following;

Yes – I will get to that. Would you mind if I ask a few questions first?” and move into a conversation with the full attention of the client. Of course we need to share some of the information – but always leave something on the table to come back with.


3. Provide a glimpse of value


In this technique we dangle an idea that could deliver value and then move to start a conversation. It could go something like this;

Well, John, with just one small change to the manufacturing process you could dramatically improve your return on investment. Would you like me to show you how?”

The response “Sure – what do I need to do?”

Before I launch into that do you mind if I ask you a few questions?” and the conversation is on its way…


4. Are they a part of the herd


If everyone else is moving in the same direction most people want to know what direction that is. This is classic ‘herd mentality’. Try something like this;

Well, Mr Jones, we solve a very important problem that most of the companies in your industry have.”

Almost without fail the response is “What problem is that?”



Today’s questions & action

Curiosity is a powerful tool to get conversations started. Here are some ideas to get you started.
  1. What are the most unusual applications for your service or product?
  2. Call your best clients and ask them the question “What is it that keeps you buying from me / us?” or “What are the key problems / issues our product solves for you?”
  3. Turn the question around and ask yourself “If I were being called about my product or service what would the person need to say to grab my attention?”
Use the answers to these questions to create conversation starters. Develop the habit of creating curiosity and you will always have a valid reason to call on your clients.
 

Have a great week.
Exceptional Sales Performance

Reprint permission
Permission is granted to reprint this article with the condition it is republished unedited and in full with full attribution to the author and the authors bio. Please provide a link to the reprint to the following email; greg.ferrett@exceptionalsales.com.au







Selling to the Seven Emotional Buying Styles

Discover how to link your product to buyers emotion. In this very practical book you will learn everyday tools to take advantage of proven scientific evidence linking emotion to every decision. You will meet;
  • the Hustler
  • the Artist
  • the Normal
  • the Engineer
  • the Politician
  • the Mover, and
  • the Double Checker
This is one book you will refer to time and again to help you plan sales calls and to close sales.

Buy your Kindle or Hard Copy version here
 

Sunday, October 21, 2012

Can You or Can't You? The evidence is in and the choice is up to you.








Exceptional Sales Performance

Monday Motivational Minute

Can You or Can't You? The evidence is in and the choice is up to you.

October 22nd 2012
By Gregory Ferrett
 
Welcome to Monday
 

 
Usain Bolt was the talk of the London Olympics and with his world record and number of gold medals he is a deserved sporting hero.

Usain Bolt (right) and Yohan Blake on Podium London 2012
While I appreciated his win, I observed something which I found very interesting. Yohan Blake, the silver medallist also of Jamaica, ran a world record time as well.

This is not unusual. In the 1992 Olympics Kieren Perkins, of Australia, smashed the world record for the 1500m freestyle swimming event. Glen Housman, also of Australia, won silver and would have the world record if Kieren Perkins was not in the event.

I find it interesting almost every time a country produces a superstar in a particular sport one or more champions in the same sport or event appear from the same country.

This outcome is easily observed in almost every field of human endeavour. When there is an outstanding singer in a musical production average performers will step up and become great. In business, when there is one person producing outstanding results those around them tend to perform better as well.

Is there a limit?

When I coach business and sales people I rarely ask ‘can they’ as most people I work with know how to sell and build a business in the same way most of us know how to run and swim. The question is not about the ability it is about their motivation. The question I ask is ‘will they?’

These are the things I listen for;
  • I can’t bring myself to ask for the order
  • I can’t see us doing the job in the timeframe
  • My sales target is too high – it’s impossible
  • The economy is bad
  • There is not enough opportunity
As a child we are taught not to see limits. We try new things every day to the joy of our parents and relatives. There is nothing we can not achieve. But for some reason this period of belief comes to an early end and we are taught about limits.

Imagine what could happen if you freed yourself of all the imaginary limits you impose on yourself by using the word ‘can’t’. This is what happens in countries where a superstar emerges. The word ‘can’t’ is replaced with evidence it can be done. In business people working with high achievers see evidence high achievement is possible. Once you are freed of the imaginary limits nothing is impossible.

Replace Can't

The word can’t is an interesting word as it is made up of the words ‘can’ and ‘not’, so it actually means you are capable of ‘not doing’ whatever you think you can’t do. When someone says ‘I can’t’ what they are saying is ‘I choose not to.’

Here are some alternatives to can’t;

  • “What would happen if I were to ask for the order?”
  • “What would we need to do to get this done in time?”
  • “What could I do to make this sales target work for me?” Or “What sales target could I achieve?”
  • “What could I do to help people take advantage of a poor economy?”

Henry Ford is quoted as saying “Whether you think you can or can’t – you are right.”

Today’s question & action

This week I want you to do two things;
  1. when you are faced with a challenging situation, or you are just feeling down, consider the words you are using. Try inserting words like “Just suppose” and “what could I do” or “What would happen if”.
  2. look for a champion you can relate to. Someone who is already achieving, roughly, what you want to achieve. They do not have to be a global superstar, just someone you can aspire to be like and learn more about them.
You may be surprised how quickly your outlook  and results change.




Exceptional Sales Performance

Reprint permission
Permission is granted to reprint this article with the condition it is republished unedited and in full with full attribution to the author and the authors bio. Please provide a link to the reprint to the following email; greg.ferrett@exceptionalsales.com.au


 


Selling to the Seven Emotional Buying Styles

Discover how to link your product to buyers emotion. In this very practical book you will learn everyday tools to take advantage of proven scientific evidence linking emotion to every decision. You will meet;
  • the Hustler
  • the Artist
  • the Normal
  • the Engineer
  • the Politician
  • the Mover, and
  • the Double Checker
This is one book you will refer to time and again to help you plan sales calls and to close sales.

Buy your Kindle or Hard Copy version here






Sunday, October 7, 2012

Are You In Business or Show Business?






Exceptional Sales Performance

Monday Motivational Minute

Are you in Business or Show Business?


October 8th 2012
By Gregory Ferrett

Welcome to Monday
 
 
Early in my sales career I sold the Pitney Bowes range of mail handling equipment. I was planning a major demonstration for one of my prospects and had all the equipment setup. Darien, my sales manager, asked me to demonstrate to him what I planned to present to the prospect.

Darien taught me two vital lessons for people in sales or business that day.


Lesson 1- Take the ordinary and make it extraordinary





Folding invoices and stuffing them in envelopes has to be one of the most boring jobs imaginable. Darien, however, taught me how to load paper, envelopes and brochures with great flair. When he started the equipment folding, inserting, sorting, and franking the mail it was as if he were on the stage.

The first lesson he taught me was the importance of taking this boring activity and make it exciting. He taught me to have fun feeding the paper into the equiopment and use creative ways of describing what was happening “Here is the form the Robinson family will use to purchase that new frying pan from your store” I would say as the machine sucked up the next sheet, folded it and stuffed it in the next envelope.


Lesson 2 - Actors get paid to perform. Sales people get paid for results





With the smoothness of two actors we put on a show for my prospect. The key difference to acting is we were performing not for applause but to influence and motivate someone to take action, to purchase the equipment we were showing off.

The second lesson Darien taught me was I was paid to sell and not for my acting ability. Acting was only to make the solution we were offering look easy and exciting; it was the rest of the sales process that won the business.


Who you focus on changes the outcome





Sales Demonstration of a Robot
Research tells us people spend almost all of their time thinking about themselves, their problems, and their own business. No matter how exciting the performance or smoothly a presentation to a prospect goes, the moment you leave their office their world crowds in again as the telephone rings or the next sales person calls. 

It does not matter what level in an organisation you call on, from the CEO down, every person you speak to is a human being. They have emotional drivers just like every other person on this planet. They think about themselves first and almost all of the time.

It is how you control your own feeling of self importance and focus on the emotional green and red buttons of your customers and people you want to have influence with that will determine your ability to be successful in your endeavours.

It would be great if you were paid on your ability to present. What you are paid for, however, is your ability to help others see the way the world could be if they used your products or services and close the sale.

Yes, you are in show business. Showing the way life could be and helping people see themselves in the scenario you act out. It is your show business that drives your business. 


Today’s question & action





The greatest actors are the ones who get inside their characters and become that person. The next time you get ready to present ask these three questions.
 
  • What are my prospects emotional green and red buttons?
  • How can I present the potential new way of doing things in an exciting way which will allow my prospect see themself using my solution? 
  • When I present my product or service am I addressing my clients needs or stroking my own ego?




Have a great week!






Exceptional Sales Performance

Reprint permission
Permission is granted to reprint this article with the condition it is republished unedited and in full with full attribution to the author and the authors bio. Please provide a link to the reprint to the following email; greg.ferrett@exceptionalsales.com.au


 




Selling to the Seven Emotional Buying Styles

Discover how to link your product to buyers emotion. In this very practical book you will learn everyday tools to take advantage of proven scientific evidence linking emotion to every decision. You will meet;
  • the Hustler
  • the Artist
  • the Normal
  • the Engineer
  • the Politician
  • the Mover, and
  • the Double Checker
This is one book you will refer to time and again to help you plan sales calls and to close sales.

Buy your Kindle or Hard Copy version here