High Performance Selling by Brian Tracy

48
HIGH PERFORMANCE SELLING SELLING & NEGOTIATION PRESENTED BY- CHITWANT TAHALYANI (Temporary Brian Tracy) BY-BRIAN TRACY

description

This presentation is made by a student of Universal Business School, Karjat, Mumbai. This presentation is prepared with the help of audios recorded by Mr. Brian Tracy. It was an honor to learn. He is a great Man..!

Transcript of High Performance Selling by Brian Tracy

Page 1: High Performance Selling by Brian Tracy

HIGH PERFORMANCE SELLINGS E L L I N G & N EG OT I AT I O N

PRESENTED BY-CHITWANT TAHALYANI

(Temporary Brian Tracy)

BY-BRIAN TRACY

Page 2: High Performance Selling by Brian Tracy

ACTIONS WITH THINKING &

PLANNING IS A REASON BEHIND

EVERY GREAT SUCCESS

Page 3: High Performance Selling by Brian Tracy

IF WE TALK ABOUT SELLING 20-30 YEAR AGO

SIMPLE PRODUCT

SIMPLE COSTUMER

SIMPLE OFFERING

SIMPLE SERVICES

S I M P L E S E L L I N G

A . K . AO N E C A L L

S E L L I N G

Page 4: High Performance Selling by Brian Tracy

D E S I R EINTERESTATTENTION A C T I O N

A I D A M O D E L

A ADI

G E T T H E P E R S O N S

AT T E N T I O N

AROUSE THERE INTEREST BY

SHOWING FEATURES

AROUSE THERE INTEREST BY

SHOWING BENEFITS

MAKE THEM TO TAKE ACTION

Page 5: High Performance Selling by Brian Tracy

S I N G L E P E R S O N T O T A L K W I T H

S I N G L E D E C I S I O N T O B E M A D E

N O N E E D T O S E E T H E P R O S P E C T

AIDA MODEL

IT WORKS IN D2D SALES

VERY SIMPLE

IT WORKS IN RETAIL

VERY QUICK

ITS TO THE POINTS I N G L E C A L L T O M A K E

Page 6: High Performance Selling by Brian Tracy

S

P

I

N

S I T U AT I O N A N A LY S I S

PROBLEM IDENTIFICATION

I M P L I C AT I O N

N E E D P AY O F F

A S K L O T O F Q U E S T I O N S

CUSTOMER BUYS TO SOLVE THE PROBLEM

ASK QUESTIONS TO DISCOVER DEPTH OF

PROBLEM

HOW MUCH CUSTOMER IS READY TO PAY TO SATISFY HIS NEED

Page 7: High Performance Selling by Brian Tracy

SITUATION ANALYSIS

Page 8: High Performance Selling by Brian Tracy

P E R S O N A L Q U E S T I O N S : B U S I N E S S Q U E S T I O N

1 : 2

B U I L D S T H E B R I D G E

BUILD THE SALES RELATIONSHIPTO

RELATION-SHIP BONDINGT R U S T CREDIBI

-L ITY

PLANS FOR THE FUTURE

Page 9: High Performance Selling by Brian Tracy

PROBLEM/NEED IDENTIFICATION

Page 10: High Performance Selling by Brian Tracy

A B C T H E O R Y O R G A P A N A L Y S I S

A B C

C U R R E N T S T A T E

STEP TO GET FROM A TO C

D E S I R E D S T A T E

F I L L I N G T H E G A P

W I T H A N A LY S I S

Page 11: High Performance Selling by Brian Tracy

I M P L E C A T I O N

Page 12: High Performance Selling by Brian Tracy

C R I T I C A L P A R T O F S E L L I N G

W H AT W I L L B E T H E C O S T O F T H E P R O B L E M

H A R D M O T I V AT O R V / S S O F T M O T I VAT O R

HOW MUCH MORE MONEY TO MAKE

HOW MUCH MORE NEED TO CUT TO SAVE EXPECTED

AMOUNT OF MONEYC U T T H E C O S T

WOULD YOU LIKE TO MAKE MONEY

T I M E , E F F O R T , & C O S T S H O U L D B E J U S T I F I E D

SA DQ U E S --T I O N S

Page 13: High Performance Selling by Brian Tracy

N E E D PAY O F F

Page 14: High Performance Selling by Brian Tracy

THESE ARE THE HAPPY QUESTIONS

EXPLAIN THE BENEFITS

EXPLAIN THE SOLUTIONS

Page 15: High Performance Selling by Brian Tracy

PURPOSE OF ASKING QUESTIONS

•To know the real problem•To explain implications•To develop real value to the solutions•To develop a skill of asking best questions•Best sales person ask best questions•They prepare in advance•They repeat the same thing again & again

Page 16: High Performance Selling by Brian Tracy

TWO RULES OF SALES

TELL ING IS NOT SELL ING

THE PERSON WHO ASKS THE QUESTIONS HAS

THE POWER TO CONTROL

Page 17: High Performance Selling by Brian Tracy

T D P P R M O D E LT RD PP

TIME

DATE

PERSON REASON

PLACE

Page 18: High Performance Selling by Brian Tracy

PERSONAL SALES PLANNING•Company’s success or failure is measured by the step

called selling•Always consider yourself as a president of the company•Have a feeling of ownership while working for the

company•Always consider that you are not working for any

company. You are self employed•As per survey, only 3% employees have the feeling of self

employment even working for some other company

Page 19: High Performance Selling by Brian Tracy

PURPOSE OF COMPANY'S

STRATEGIES

RESOURCES

PEOPLE CAPITAL

OPPORTUNITIES

FURNITURE'S & FIXTURES ETC. RE-ORGANIZE

Page 20: High Performance Selling by Brian Tracy

R E T U R N O N E N E R G Y

PHYSICAL ENERGY EMOTIONAL

ENERGY MENTAL ENERGY

Page 21: High Performance Selling by Brian Tracy

R E T U R N O N L I F E

ENJOY WHAT YOU DO

HAVE GREAT STRATEGIES

S E TG O A L S

GOAL SETTIONG GREAT STRATEGIES SUCCESS

Page 22: High Performance Selling by Brian Tracy

P E R S O N A L S T R AT EG I C P L A N N I N G

•HAVE FINANCIAL INDEPENDENCE•BE IN TOP 10% OF YOUR FIELD•HAVE A TARGET OF GROWING IN THE RATE OF 25% EVERY

YEAR• INCREASE PERFORMANCE, PRODUCTIVITY & SELF WILL•ACCELERATE YOUR PLANNING:•MORE YOU PLAN, MORE YOU EARN•BUILD YOUR DESIRE, BELIEF, MOTIVATION & CONVINENECE

Page 23: High Performance Selling by Brian Tracy

MOST IMPORTA

-NTLY S L O P E O F

S U C C E S S

Page 24: High Performance Selling by Brian Tracy

STRATEGIC PLANNING MODEL

Page 25: High Performance Selling by Brian Tracy

G O S P A M O D E L

G APSO

F i n a n c i a lF a m i l y

P e r s o n a l

List of activities

How you are going to

achieve the objective

Actions required to

achieve your goal

Organize by

pr ior ities

G O A L STRATEGIESOBJECTIVES P L A N S ACTIVITIES

Page 26: High Performance Selling by Brian Tracy

MOMENTUM PRINCIPLE OF SUCCESS

THE MORE YOU WORK TOWARDS YOUR GOALS, THE

MORE MOMENTUM YOU WILL DEVELOP

Page 27: High Performance Selling by Brian Tracy

RELATIONSHIP SELL ING•Relationship expert is always:•Happier• Fulfilled•makes more money•makes more sales•Have longer turnover• feels accomplished

• Today people are 100% emotional• People will do business only when they feel comfortable with you

Page 28: High Performance Selling by Brian Tracy

CLIENTS WORK ON THE FRIENDSHIP FACTOR

T I M E C A R E R E S P E C T

SPEND MORE TIME WITH CLIENT TO BUILD BETTER

RELATIONSHIP

CARE FOR THEIR

PROBLEMS

RESPECT THEIR

OPINIONS

Page 29: High Performance Selling by Brian Tracy

COMPANY’S REPUTATION

COMPANY’S CUSTOMERS

M O S T VA L U A B L E A S S E T F O R A C O M PA N Y

Page 30: High Performance Selling by Brian Tracy

IMPORTANCE OF RELATIONSHIP IN SELLING•Relation is hard to form•Relationship is easy to maintain•Decision to buy, is a decision to enter into business marriage• Lots of alternatives are available•Give and take relationship• If you want appreciation, first give them• If you want to be admired, first admire others•Relationship is more important then product or service what

we sell

Page 31: High Performance Selling by Brian Tracy

LAW OF INDIRECT EFFORTS

WE GET EVERYTHING WHAT WE DESIRE, WHETHER TO GET

DIRECTLY OR INDIRECTLY

Page 32: High Performance Selling by Brian Tracy

FOUR CRITICAL FACTORS IMPACTING SALES TODAY• Sales are larger•More people are involved• Longer life of the product•Whether customer is a first timer or not

R I S K

LISTENING

R I S K

RELATIONSHIPT R U S T

M A J O R F A C T O R

B U I L D S

R E D U C E S

B U I L D S

Page 33: High Performance Selling by Brian Tracy

F IVE THINGS TO INCREASE EFFEC TIVENESS

•ASK GOOD QUESTIONS•LISTEN ATTENTIVELY TO THE ANSWERS•PAUSE BEFORE REPLYING•QUESTION FOR CLARIFICATION•FEEDBACK

Page 34: High Performance Selling by Brian Tracy

RU L E S O F SA L E S R E L AT I O N S H I P

• Sales began when customer says “YES”• Understand this- we don’t close sales, we open relationship• Customer expects- after sales you will give something in return• Do something to reassure the customer that they made good

decision• Send the thank you note• Give special attention after the sales• Set-up a regular call back schedule

Page 35: High Performance Selling by Brian Tracy

WE CONSIDER PRICE IS THE MOST

IMPORTANT FACTOR

WE CONSIDER PRICE IS THE MOST

IMPORTANT FACTOR

O N LY 6 % O F T H E S A L E S H A P P E N O N A

P R I C E B A S I S I . E . C O M M O D I T I E S & H I G H E N D G O O D S

A S P E R H A R VA R D R E S E A R C H , 9 4 % S A L E S A R E N O N

P R I C E P U R C H A S E

Page 36: High Performance Selling by Brian Tracy

ATTRIBUTES MORE IMPORTANT THAN PRICE

Q U A L I T Y

FOLLOW-UP SUPPORTS E R V I C E S

RESPONSIVENESS

D E L I V E R Y INSTALLATION

T E R M S

Page 37: High Performance Selling by Brian Tracy

PEOPLE DON’T BOTHER ABOUT PRICE WHEN

H I G H D E S I R A B I L I T Y

URGENCY

SCARCITY

Page 38: High Performance Selling by Brian Tracy

IDEAS FOR WINNING THE PRICE WAR

•Offer easy ownership•Offer easy problem free

relationship• Emphasis on reliability &

dependability•Be a man of the word•React quickly

•Give short delivery time•Demonstrate your knowledge•Make regular calls•Offer total product services• Explain the reason for high

price•Offer technical education

Page 39: High Performance Selling by Brian Tracy

N E G O T I A T I O N

NEGOTIATION IS A TOOL WHICH SHOULD BE USED

ALWAYS LATE

Page 40: High Performance Selling by Brian Tracy

PURPOSE OF NEGOTIATION

TO REACH ON AN AGREEMENT, SUCH THAT ALL THE PARTIES ARE

SATISFIED TO THE POINT THAT THEY ARE WILLING TO SHARE

THERE CONFIDENCE

Page 41: High Performance Selling by Brian Tracy

RULES OF NEGOTIATION

AVOID NEGOTIATION

EXPECT PRICE RESISTANCE

SHOULD HAVE THE

AUTHORITY

DELAY NEGOTIATION

“ B U Y I N G D E S I R E S H O U L D P R E C E E D C O N C E S S I O N S ”

NEGOTIATION IS NOT

SUBSTITUTE

Page 42: High Performance Selling by Brian Tracy

B A S I C S T Y L E O F N E G O T I A T I O N

Page 43: High Performance Selling by Brian Tracy

NO DEAL

WIN-WIN

COMPROMISE

LOOSE

LOOSE

LOOSE WIN

WIN LOOSE

Page 44: High Performance Selling by Brian Tracy

PREPARATION FOR NEGOTIATION

• Anticipate the customer position

Anticipate

• Lawyer Method

Lawyer

•20 idea method20 idea

•Ask questionResearch

Page 45: High Performance Selling by Brian Tracy

QUALITIES OF GOOD NEGOTIATORS•Understand everything is negotiable• Feel free to ask for better price• Feel free to ask for better quality• Feel free to ask for better services• Future belongs to askers• Law of cause and effect•Be nicer•Be friendly & extrovert• Focus on your areas of strength

Page 46: High Performance Selling by Brian Tracy

KEY NEGOTIATION TECHNIQUES

•Great negotiators ask twice as many as poor negotiators•People are persuaded more by questions then their answers•Questions give you a lead•Questions uncover flaws•Useful to reveal strategic information•Questions control the discussion•Questions give you time to think more in depth

Page 47: High Performance Selling by Brian Tracy

S U M M A R I Z E• Time is the critical factor in selling & negotiation• Negotiation is the last tool of selling• Delay decisions whenever possible• Always have authority to decide the price whenever you are in negotiation• Don’t give discounts and concessions straight forward• Always go prepared very well for the presentation or negotiation• Follow lawyers & 20 idea method for preparation• Ask as many questions you can• Do follow-up

Page 48: High Performance Selling by Brian Tracy

THANK YOU