| Will You Add? |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Sales Training > A Different Spin on Consultative Selling |
|
Will You Add? - A Different Spin on Consultative Selling
The Entrepreneur Business Idea That Makes You Rich tics- a prospect either wants what we're selling, or they don't.Ideas are the fundamental building block of wealth. An idea carried out with skill can become the ultimate source of your own rapid fortune. The only thing that can stop you is failing to come up with an idea in the first place, but luckily you are clever enough to be doing some research on the topic right now and are therefore likely to stumble across something that may really make sense to you.The concept of wealth is simple and right now I will tell you how every single millionaire that ever existed manufactured his own rapid fortune. Systematic repetition.An idea comes and a profit is made. That is common. The difference wi Another distinction between High Probability Selling and "consultative selling'" is Total Disclosure. In HPS, honesty and transparency are core tenets of the sales process. We trust and respect prospects, and require that prospects treat us with trust and respect as well. Practically speaking, we divulge the detriments as well as the benefits of our product/service. In turn, prospects must fully disclose their Wants, or requirements for doing business. At each step of the sales process, the prospect explicitly states their conditions for doing business, and agrees to purchase, if we can meet their requirements. Ironically, salespeople who implement High Probability Selling usually act as advisors. Like a trusted advisor, High Probability salespeople practice total disclosure, divulging both the strengths and weaknesses of their offerings. Because we ne Performance Appraisal Training Consultative Selling and its cousin, SPIN selling, are newer generations of the "Needs Selling" of the 1960's. They have been in vogue with salespeople for almost two decades - with good reason. In today's business climate, Information Overload isn't just a buzzword; people are overwhelmed with data. They may welcome assistance in tuning out the noise in order to tune into a viable solution to their problems. A concerned, helpful salesperson may understandably be embraced as an Advisor or Consultant.After the performance of an employee is appraised, the superior should inform the employee about the level of the employee’s performance, the reason for the need for improvement of performance, and the methods of this improvement. The superior should counsel the employee about his performance and the methods of improving it.Counseling is a planned, systematic intervention in the life of an individual who is capable of choosing the goal and the direction of his own development. Thus the purpose of counseling is to help the employee to be aware of his own performance, his strengths and weaknesses, opportunities available for performance The Consultative Selling Process appears well-suited to the needs and challenges of today's customers. Yet, in my opinion, consultative selling is most often implemented in such a way that it's merely a new name for the same old manipulative sales games. Let's start with nomenclature: A salesperson who refers to her- self as an Advisor or Consultant is essentially misrepresenting her true agenda - to earn a commission. A salesperson's primary objective is NOT to 'help' her clients and customers- she wants to make money. If receiving money for her sales efforts were not possible, she would be doing some other kind of work. Real consultants and advisors charge a fee for their advice. Good advisors make *their client's* best interests paramount. How many salespeople frequently advise their clients not to buy their product or service, or to buy from their competitors? By implication, advising encompasses full disclosure, including warnings about the 'down' sides of choosing an option. Most salespeople are very good at explaining the features and benefits of their products and services. How many salespeople disclose the detriments as well - without a prospect's prompting? Those salespeople say that their job is to emphasize the positives. Some even acknowledge that they are telling "half-truths". However, it is deceptive and unethical to "lie by omission". For the typical salesperson, it's just "part of the game." This same old sales game is often dressed up as "Probing for Problems and Solutions" in order to help the prospect. In reality, anything we sell must meet some of the prospect's needs. It may be an explicit business need, such as reducing the volume of paperwork, or an executive's implicit want, such as possessing the latest "must-have" gadget. There's nothing wrong with selling something that someone wants to buy. However, it is deceptively manipulative to "probe for hidden problems" and "identify hidden pain" without disclosing your intentions, which are to *persuade* a prospect that your product or service will alleviate their newly discovered Pain. Furthermore, it is a very difficult and ineffective way to sell. There is no probing for hidden needs in High Probability Selling. We won't even give prospects an appointment if they merely know what their needs are, and are "really interested" in meeting with us. In High Probability Selling, we distinguish between Want and Need. A small portion of the universe of businesses and/or people will need our product/service in the relatively near future. Those that want our product/service- right now- are High Probability Prospects. We will schedule appointments with them now. Those who will want our product in the future are part of the viable prospect universe. Many of them will become High Probability Prospects in their own time, for their own reasons. The essential difference between Consultative Selling and High Probability Selling is that we don't attempt to persuade, convince, or manipulate those prospects into Wanting. Selling that way almost always results in low closing averages. Although many may need what we're selling, most will not buy until they decide they Want It Now. It's not just semantics- a prospect either wants what we're selling, or they don't. Another distinction between High Probability Selling and "consultative selling'" is Total Disclosure. In HPS, honesty and transparency are core tenets of the sales process. We trust and respect prospects, and require that prospects treat us with trust and respect as well. Practically speaking, we divulge the detriments as well as the benefits of our product/service. In turn, prospects must fully disclose their Wants, or requirements for doing business. At each step of the sales process, the prospect explicitly states their conditions for doing business, and agrees to purchase, if we can meet their requirements. Ironically, salespeople who implement High Probability Selling usually act as advisors. Like a trusted advisor, High Probability salespeople practice total disclosure, divulging both the strengths and weaknesses of their offerings. Because we nev Human Resource Professionals: A Big Help for the Growth of Your Company! A salesperson's primary objective is NOT to 'help' her clients and customers- she wants to make money. If receiving money for her sales efforts were not possible, she would be doing some other kind of work.The selection of qualified applicants to be future employees of your company is a responsible of your Human Resource Management. Therefore, they should be familiar with the totality of the company – its organization, vision, priorities and objectives. They are accountable on gathering precise information from these aspiring employees so as to avoid misleading and would save time and money.The human resource professionals are experienced consultants in evaluating all aspects of your HR program. Through their expertise and skill, they are tasked to establish the company’s priorities and set some guidelines for future development. A comp Real consultants and advisors charge a fee for their advice. Good advisors make *their client's* best interests paramount. How many salespeople frequently advise their clients not to buy their product or service, or to buy from their competitors? By implication, advising encompasses full disclosure, including warnings about the 'down' sides of choosing an option. Most salespeople are very good at explaining the features and benefits of their products and services. How many salespeople disclose the detriments as well - without a prospect's prompting? Those salespeople say that their job is to emphasize the positives. Some even acknowledge that they are telling "half-truths". However, it is deceptive and unethical to "lie by omission". For the typical salesperson, it's just "part of the game." This same old sales game is often dressed up as "Probing for Problems and Solutions" in order to help the prospect. In reality, anything we sell must meet some of the prospect's needs. It may be an explicit business need, such as reducing the volume of paperwork, or an executive's implicit want, such as possessing the latest "must-have" gadget. There's nothing wrong with selling something that someone wants to buy. However, it is deceptively manipulative to "probe for hidden problems" and "identify hidden pain" without disclosing your intentions, which are to *persuade* a prospect that your product or service will alleviate their newly discovered Pain. Furthermore, it is a very difficult and ineffective way to sell. There is no probing for hidden needs in High Probability Selling. We won't even give prospects an appointment if they merely know what their needs are, and are "really interested" in meeting with us. In High Probability Selling, we distinguish between Want and Need. A small portion of the universe of businesses and/or people will need our product/service in the relatively near future. Those that want our product/service- right now- are High Probability Prospects. We will schedule appointments with them now. Those who will want our product in the future are part of the viable prospect universe. Many of them will become High Probability Prospects in their own time, for their own reasons. The essential difference between Consultative Selling and High Probability Selling is that we don't attempt to persuade, convince, or manipulate those prospects into Wanting. Selling that way almost always results in low closing averages. Although many may need what we're selling, most will not buy until they decide they Want It Now. It's not just semantics- a prospect either wants what we're selling, or they don't. Another distinction between High Probability Selling and "consultative selling'" is Total Disclosure. In HPS, honesty and transparency are core tenets of the sales process. We trust and respect prospects, and require that prospects treat us with trust and respect as well. Practically speaking, we divulge the detriments as well as the benefits of our product/service. In turn, prospects must fully disclose their Wants, or requirements for doing business. At each step of the sales process, the prospect explicitly states their conditions for doing business, and agrees to purchase, if we can meet their requirements. Ironically, salespeople who implement High Probability Selling usually act as advisors. Like a trusted advisor, High Probability salespeople practice total disclosure, divulging both the strengths and weaknesses of their offerings. Because we ne Use of Flyers for Fundraising Events to "lie by omission". For the typical salesperson, it's just "part of the game."The use of flyers for fund-raising events for nonprofit groups always works well in a small community and it makes sense to print flyers for each and every fund-raising event that you have. It is important to find creative ways to distribute these throughout the community. Any flyer that you print should have a large logo on the front as well as boldface fonts, which state the location, time and date of the fundraising event.Proper distribution of flyers in advance of a fundraising event could bring as many as 50 extra people to the event. If the fundraiser event is a silent auction, performance or pancake breakfast you will be surp This same old sales game is often dressed up as "Probing for Problems and Solutions" in order to help the prospect. In reality, anything we sell must meet some of the prospect's needs. It may be an explicit business need, such as reducing the volume of paperwork, or an executive's implicit want, such as possessing the latest "must-have" gadget. There's nothing wrong with selling something that someone wants to buy. However, it is deceptively manipulative to "probe for hidden problems" and "identify hidden pain" without disclosing your intentions, which are to *persuade* a prospect that your product or service will alleviate their newly discovered Pain. Furthermore, it is a very difficult and ineffective way to sell. There is no probing for hidden needs in High Probability Selling. We won't even give prospects an appointment if they merely know what their needs are, and are "really interested" in meeting with us. In High Probability Selling, we distinguish between Want and Need. A small portion of the universe of businesses and/or people will need our product/service in the relatively near future. Those that want our product/service- right now- are High Probability Prospects. We will schedule appointments with them now. Those who will want our product in the future are part of the viable prospect universe. Many of them will become High Probability Prospects in their own time, for their own reasons. The essential difference between Consultative Selling and High Probability Selling is that we don't attempt to persuade, convince, or manipulate those prospects into Wanting. Selling that way almost always results in low closing averages. Although many may need what we're selling, most will not buy until they decide they Want It Now. It's not just semantics- a prospect either wants what we're selling, or they don't. Another distinction between High Probability Selling and "consultative selling'" is Total Disclosure. In HPS, honesty and transparency are core tenets of the sales process. We trust and respect prospects, and require that prospects treat us with trust and respect as well. Practically speaking, we divulge the detriments as well as the benefits of our product/service. In turn, prospects must fully disclose their Wants, or requirements for doing business. At each step of the sales process, the prospect explicitly states their conditions for doing business, and agrees to purchase, if we can meet their requirements. Ironically, salespeople who implement High Probability Selling usually act as advisors. Like a trusted advisor, High Probability salespeople practice total disclosure, divulging both the strengths and weaknesses of their offerings. Because we ne Effective Use of Promotional Products and Ad Specialties ly know what their needs are, and are "really interested" in meeting with us. In High Probability Selling, we distinguish between Want and Need.1. Determine the goals of your promotional products program. Do you want to create awareness? To attract new customers? To reward or provide incentives to existing customers? Remember to determine a means for measuring the results.2. Plan ahead. At minimum, you'll need two to four weeks for production and delivery of standard products. If you wait until the last minute, your choices will be limited and you may pay more. When creating custom items, it can take 12 weeks or more shipping from overseas sources.3. Involve your target audience. Be creative in how you distribute your promotional products and make it a memorable exper A small portion of the universe of businesses and/or people will need our product/service in the relatively near future. Those that want our product/service- right now- are High Probability Prospects. We will schedule appointments with them now. Those who will want our product in the future are part of the viable prospect universe. Many of them will become High Probability Prospects in their own time, for their own reasons. The essential difference between Consultative Selling and High Probability Selling is that we don't attempt to persuade, convince, or manipulate those prospects into Wanting. Selling that way almost always results in low closing averages. Although many may need what we're selling, most will not buy until they decide they Want It Now. It's not just semantics- a prospect either wants what we're selling, or they don't. Another distinction between High Probability Selling and "consultative selling'" is Total Disclosure. In HPS, honesty and transparency are core tenets of the sales process. We trust and respect prospects, and require that prospects treat us with trust and respect as well. Practically speaking, we divulge the detriments as well as the benefits of our product/service. In turn, prospects must fully disclose their Wants, or requirements for doing business. At each step of the sales process, the prospect explicitly states their conditions for doing business, and agrees to purchase, if we can meet their requirements. Ironically, salespeople who implement High Probability Selling usually act as advisors. Like a trusted advisor, High Probability salespeople practice total disclosure, divulging both the strengths and weaknesses of their offerings. Because we ne The Boss Didn't Understand Why His Staff Wasn't Reading His Mind tics- a prospect either wants what we're selling, or they don't.Many people believe that everyone sees the world exactly the same way as they do. This is never true and was the source of much turmoil in Dr. Jacob’s office.When the Job Isn’t Getting Done“They never seem to get any work done on time, but they complain that they're being underutilized.”Dr. Jacob, a chiropractor, was talking about his office staff.“I have to do so many things myself that they could do for me, but they don't. They just don't seem care about what I want. I just don't understand. I pay them well and they need their jobs.”As Dr. Jacob’s frustration increased, he explored the idea that he ha Another distinction between High Probability Selling and "consultative selling'" is Total Disclosure. In HPS, honesty and transparency are core tenets of the sales process. We trust and respect prospects, and require that prospects treat us with trust and respect as well. Practically speaking, we divulge the detriments as well as the benefits of our product/service. In turn, prospects must fully disclose their Wants, or requirements for doing business. At each step of the sales process, the prospect explicitly states their conditions for doing business, and agrees to purchase, if we can meet their requirements. Ironically, salespeople who implement High Probability Selling usually act as advisors. Like a trusted advisor, High Probability salespeople practice total disclosure, divulging both the strengths and weaknesses of their offerings. Because we never pressure prospects into becoming buying customers, the selling process is relatively stress-free, as dealing with a trusted consultant should be. What kind of salesperson are you? If you're still pressuring and manipulating, this is probably reflected in your low closing rate. You may be playing the same old sales game while dressing yourself up as a Consultant. Maybe it's time for you to get real about who you are and what you do. Copyright 2006 High Probability Selling
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:A Look At Who Has A Hidden Security Camera And Why The Pre-Sale Ticket Strategy for Car Wash Fundraisers Common Courtesy Isn't So Common - 10 Telephone Blunders
|