Sales Essentials

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Sales Essentials

description

My presentation at Thinkbiz, a Student Entrepreneurship Club in Greece, about sales essentials.

Transcript of Sales Essentials

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Sales Essentials

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I AM NOT A SALES EXPERT! BUT THESE GUYS ARE…

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SALES IS A JOB WITH LOTS OF STEREOTYPES

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Back then, buyers lacked information

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WE HAVE ALWAYS BEEN INTO SALES, SINCE WE WERE KIDS

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Selling vegetables

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Persuading others

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Trying to get a job

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Influencing others

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THE STARTUP WORLD

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The ones who build

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The ones who sell

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…or do both

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WHAT TRAITS SHOULD SALESPEOPLE HAVE

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Love interaction

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Love hearing others

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Enjoy problem solving

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They are resilient

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SOME TIPS TO START WITH

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Do your homework

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Rehearse

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Tailor your pitch Focus on benefits, not features

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Talk the customer’s language

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Don’t bullshit

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THE WEAPONS OF A MODERN SALESPERSON

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Streak

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MailTester

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SPIN SELLING

BY NEIL RACKHAM

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THE SPIN SELLING

• It’s all about asking the right questions (mix of open and closed).

• You don’t necessarily have to close the sale from the first interaction. But you have to gradually build your relationship with the customer (book the next meeting, meet with a more senior person, etc).

• Particularly useful for long cycle sales.

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SITUATION QUESTIONS

• Collect facts & background data about the customer’s existing situation.

• They are not positively related to sales success.

• They are an essential part of questioning, but they must be used sparingly so as not to bore or irritate the client.

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PROBLEM QUESTIONS

• These questions probe for problems, difficulties or dissatisfactions. Each question invites the customer to state implied needs.

• If you can’t solve a problem for your customer, then there’s no basis for a sale.

• They are not positively related to sales success in larger sales.

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IMPLICATION QUESTIONS

• These questions are about the effects, consequences or implications of the customer’s problems, previously expressed during the problem questions stage.

• They are strongly linked to success in larger sales.

• The central purpose of Implication Questions is to take a problem that the buyer perceives to be small and build it up into a problem large enough to justify action.

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NEED-PAYOFF QUESTIONS

• Ask about the value or usefulness of solving a problem. “Why would you find this solution helpful?”

• Focus the customer’s attention on the solution rather than the problem, creating a positive problem-solving atmosphere.

• They get the customer telling you the benefits, which eventually are the benefits that your product can offer to them!

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GAIN COMMITMENT

•Demonstrate capability that your product can solve the customer’s problems.

• Equate the solution to his problem with your product or service.

•Gain commitment from the customer, with the aim to gradually move towards the sale (orders, advances, continuations).

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THINGS YOU SHOULD ALWAYS HAVE IN MIND

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Follow up

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Don’t be late

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Pick the right time

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A service approach

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THE MODERN MARKETER IS THE GROWTH HACKER

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SALES IS IN OUR NATURE

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Sales Essentials

Alexis Alexakis

@AlexAlexakis