What if you could defeat the Status Quo0

By Tibor Shantotibor.shanto@sellbetter.ca

TV Head

All this week I have posted clips from a recent interview with Ago Cluytens, for his Coaching Masters Series.  We dealt with a number of issues around selling to buyers who are traditionally referred to as being Status Quo.  Being the weekend, I thought it a good time to post the whole interview for your weekend lounging pleasure.

Always interested in what you think, and whether you are more prepared to go forth and sell where many sellers and pundits fear to go.  Take a look, and let me know.

If you enjoy this there are more on Ago’s site.

What’s in Your Pipeline?
Tibor Shanto

 

To Err is Human – and When It Sells It’s Divine!0

By Tibor Shantotibor.shanto@sellbetter.ca

OOOPs

Too many sales people spend way too much time and effort trying to be or look perfect.  Whether it is refining that radio voice for telephone selling, or the right look for the call, using the fashionable buzzwords, or a host of other things sellers do. An awful amount of energy and resources go into image and looking good, to the point where the polish detracts and distracts from the purpose at hand.

The reality is that people are not perfect, at least not in the real world, and the perfection some seek could be at odds with the expectations of the buyer. Take the popular notion and adhered to buzz-phrase, popular among sales types is that “people buy from people”, implicit in that is that people by from people like them.  Being too polished to the point where we resemble the cover of GQ more than we do the people the buyer is used to dealing with on a daily basis, may lead to the opposite outcome to the one desired.

Being human, including the frailties and blemishes may put a seller in a better stead than trying to be the Madison Avenue or Hollywood version of a sales professional.  In fact imperfections can often work in your favour by making us look and feel human rather than something artificial.  Trying to be something most of us are not, that is perfect, can distance a buyer.

A common attribute of good sales people is being genuine, and one buyers appreciate and look for in a seller, if they sense a seller is not themselves or disingenuous they begin to question the seller’s intent.  Intent counts for a lot, and many will tell you that intent trumps skill, product knowledge, and certainly outranks polish, image or smoothness.

No matter how experienced or good you are as a sales person, it is better to focus and demonstrate that in the quality of your selling, your ability to gather the right information about the right issues, than relying on strictly polish.  To this day I do not have or use a radio voice when cold calling, I stumble and stutter at times in the same way I did 20 years ago, but he content of my talk track, the underlying intent helps me content with buyers and set appointments.

We have all been in meetings where you may dropped something, or something goes wrong with technology you are relying on, but instead of the meeting going south, that awkward moment removes a layer of the barrier between buyer and seller.  I remember a meeting where the buyer was cold, tough, hardly engaged, and while reaching for something the sales person spilt a bottle of water on the conference room table and on her pants.  The buyer sprang into action, genuinely concerned for and her dilemma, and remained very engaged for the rest of the meeting, and ultimately bought.  The spill changed the dynamics and I would say the outcome of the interaction and the meeting.

Time and time again, common unintended errors, lead to an instant human connection that facilitates the connection between buyer and seller.  While I am not suggesting you go out and look to err on purpose, I am saying that the energy and time we spend trying to be perfect or avoid looking or being human, can be better invested in understanding the buyer, their objective and how you can help them.  If we do that in a genuinely human way, warts and all, rather than a superhuman way, we’ll see a much more genuine response from prospects, and achieve better results faster.

What’s in Your Pipeline?
Tibor Shanto

Impact Questions – Sales eXchange 1870

By Tibor Shantotibor.shanto@sellbetter.ca

Impact Question

Back in the 80′s or maybe even earlier, the purveyors of Consultative Selling, put a lot of emphasis on Open Ended Questions, for all the right reasons. It took some effort and focus to get sales people to adopt this style of interaction, especially after years of pitching and doing things the traditional (old) way.

Many sales people had difficulty being comfortable and effective in the vast openness provided by this style of questions. It was difficult to fight the urge to regress to their previous comfort zones, many sellers had to be continuously managed to adopt the new more effective question based selling.

One practice was to paint closed ended questions as being inferior, substandard, in those days, even communist in nature; may sound extreme, but in reality, closed ended question were uniformly vilified.  In fact the pendulum swung so far that closed ended question were just plain bad.  Today, in many workshops, you still hear people demonizing closed ended questions.

Well I am here to tell you that there are no such things as bad questions. There are very few if any absolutes in sales.  It’s more accurate to look at how appropriate a question is for a given circumstance.  If you look at questions as tools of the trade, there is no such thing as one tool fits all; there may be tools that are appropriate to various tasks, others may be useful less often
Which is why I am here to say that the much maligned closed ended question does have a place in B2B selling in 2013; hell I’ll go further to say it has a place in Sales 2.0 and/or Social Selling.  It is about the situation, what is the desired outcome, and what the next step needs to be from both parties perspectives.

Given the above there are regular occurrences in sales where closed ended question makes perfect sense. So I am on a mission to reintroduce this tool to your sales tool kit. A few years ago Timberlake made it his goal to being Sexy Back, so I am advocating the same for closed ended questions (although I am certain they will never be sexy, but the positive results delivered may be).

I am calling the updated version Impact Questions, a marketing friend told me that one needs to rebrand for re-launch; change the name and you change focus from potential negative connotations.

Let’s face it, there are times when you do want to focus things, narrow down the possibilities. Often you want close things off so you can move the process forward, or to realize that there is no forward to move to with a prospect and it may be time to move to the next opportunity.

During a cold call, oops, prospecting call, (need to be politically correct), open ended questions can take you off track; a question that works well in a sales call can be negative during a prospecting call.  There are other times when you do want a clear one or the other, a yes or a no.  It comes down to how the response serves the purpose.  What is the impact of the answer, and how that answer impacts the outcome.  For example, when I ask someone I called the first time if they “have ever worked with a third party trainer like Renbor?”, either answer serves to move the process forward, and could prove to be a benefit for both.  Rather than using a series of open ended questions to arrive at the same point, a simple impact question focuses bith the prospect and I on the same critical turning point.

So know where you are trying to go, know how you can help a prospect or a customer, then ask the Impact Question, and deal with the impact, not whether it is open ended, closed ended, or some other ended, work to achieve positive impact for the buyer and yourself.

What’s in Your Pipeline?
Tibor Shanto

Who Is a Better Closer? – Sales eXchange 17946

Don’t look around in your office for the answer, look at your prospects.

Who is a better closer, you or the buyer you are facing?  In most cases the argument can easily be made that the buyer is a better closer.  In more cases than not, they end up achieving their objective more than you do.

In the case of active buyers, those in the market, reaching out directly to sellers, or actively seeking input from their peer network; or passive buyers – those buyers who are not actively looking but are no longer happy with their current situation, making entrees into the market, searching the web for “what’s out there”.  The buyers are usually the better closers, simply by closing you on the fact that they have other options, and unless things are done entirely on their terms, you’ll lose the deal.  The more one capitulates here, the clearer it becomes that the buyer is closing the seller on the deal they want.  Discounting is an issue in most verticals, either you close the buyer on the value you deliver, or they close you on what you have to surrender to win the deal.

In circumstances where there is no deal, either because the buyer bought from someone else, or decided not to make a decision, again the buyer was the better closer because they closed themselves on not buying, where the seller was not able to close them on buying.  Assuming you were truly convinced that they had a need, and you qualified them, and they didn’t buy, they were the better closer.

Where sellers seems to be much better closers are with those buyers commonly called as status quo.  Where the seller was able to engage in a proper manner, meaning not waiting around to be found by someone with preconceived ideas and price points, but engaged as two peers around a common opportunity.  This involves a proactive approach by the seller, doing the research as to who is in a position to benefit from their offering and engaging with them as a potential means of achieving objectives, not as a latter part of a buying process that started long before the seller was aware.  Where the seller takes the initiative rather than the buyer, the odds are much more even.

The reason for this is obvious but often overlooked.  In the end, it is not about the close but everything that precedes it.  All the elements of the EDGE Process; beyond the research, it is the prospecting Engage long before the buyer goes to market; the Discovery to help confirm the buyer’s objectives, and build value through a collaborative process that encourages the buyer to be part of the process – and part of the outcome.  Leading to the point where you Gain commitment based on the mutual definition of value, and then of course Execute together with the buyer.

The ability to change the focus from close to outcome allows you to help more clients close on you.

What’s in Your Pipeline?
Tibor Shanto

Yes, and…37

Sometimes it is not what you say but how you say that help the buyer get engaged.  Take a look and give it a go.

What’s in Your Pipeline?
Tibor Shanto

Know The Why – Sales eXchange 17689

While the sales industry continues to improve and move the dial on “pitching” less, and asking more questions, adopting the “Don’t Ask – Don’t Sell” http://www.sellbetter.ca/?p=1938 philosophy.  But many are still asking questions that serve their purposes only, not so much for the buyer’s, and even when they do they seem to lack the skills or courage to deep enough with their question to truly make a difference for either.

Probing question most often concentrate on the ‘what’, ‘when, ‘where’, and the ‘how’ of the situation at hand.  No doubt these are important, but on their own, they fail to deal with factors that underpin value and foster a true relationship, one delivering mutual benefits for both seller and buyer.  Sadly one contributor to this shortcoming are sales experts in my own field.  Many actively tell their clients not to ask ‘Why”.  I have yet to get a good answer as to why they say this.

Most tell me that it is too intrusive.  What does that mean?  It is my job to be intrusive in that way.  Most present intrusive in a negative way, but being “disruptive” is part of my mandate to help my clients evolve, change and move forward for the better.  After all they don’t buy things to stay the same.

The main purpose for asking the why question is to get to the real underlying reason for them engaging with you.  Now it’s one thing if you’re one of those “wait to be found sellers”, the buyer is way ahead of you in their buying cycle, and you’re just one of a number of participants in the bathing suit contest.  But if you got to the potential buyer before they were even thinking of being in the market, you need to ask a whole bunch of ‘why’ questions before you are in a position to offer up a solution.  Unless you want to be a solution running around looking for a problem or pain, you need to get used to asking why, and even when the buyer answers the first why, you will likely have to ask follow up whys.

To understand the buyer’s real motivation, to get them to understand that you really do have their interest at heart, you need to park the product, and focus on the person.  It takes courage to ask a buyer why they are thinking of doing something or doing it in a specific way, especially if all the other sellers lined up and say whatever they think the buyer wants to hear to get the order.

I sometimes wonder if the main reason some are afraid to ask why is because they don’t know what to do with the answer they get.  They haven’t been trained again, because it is still about selling the product.  If only they accepted that more sales made when it is about really helping the buyer, even when the buyer initially thinks they need to go one way, but end up in a better place after a genuine and intrusive why.

What’s in Your Pipeline?
Tibor Shanto

Don’t forget to vote

Who Cares What You Would Do – Sales eXchange 17364

It has always been a challenge to get sales people to call high, not high as in stoned, but high in the hierarchy of their target companies; in fact I sometimes think the former happens more often.   One reason is that they are not comfortable engaging with senior executives, I hear things like “ho, you can’t call them”.  To which I say I have checked in Ottawa, DC, all the provincial and state legislations and there is currently no law on any books preventing a sales person from calling senior executives.   Leaving us with will and ability as the only barriers, and I will put my money on willingness, because once you have the will, ability and skill follow; where as I have seen very capable sellers lack the will, and there for lack success.

One reason I hear for not wanting to call on senior executives is “they don’t want to talk to sales people”.  Well that is probably right, which why I and almost everyone in sales is encouraging you to transcend being just a “sales person” to being someone of value.  An advisor that can speak to their specific challenges, not those challenges identified by your marketing teams; speak in their language, and most importantly in a provocative and challenging way.  They probably have a slew of yes men and women already on their payroll, what they are looking for is value add, they want to be provoked and challenged in a way that helps them achieve their objectives, organizational success, usually in the form of profit.  This calls for you to be different than the crowd, be more substantial than the crowd (internal to them or external), focus on and deliver bold things.

But again, when I suggest this, I get a common concern from sales people: “well I wouldn’t like that, I would not react well to that type of approach”.  Frankly who cares, who cares what and how you would respond, you are not the buyer!  Because you really do not know.

No offence, I am not trying to be mean, but if you are selling a big ticket item to say the president, vice president, or CFO of a $125 million company, then you need to think like they do in specific situation they face, and from their vantage point, not from the perspective you have now as a sales person, no matter how good you may be at selling.  Most “solution” sales people, selling “complex” sales, have never spent the kind of money they are asking their buyer to spend.  They have not run companies, or lines of business, few have had P&L responsibilities, and as a result not in a position to speak to how or if a senior executive may or may not react.  Not many get insulted when I ask them “have you ever held that position?”, they do when I tell them that if they had not, they are not in a position to talk, until they either try a new approach, or they land a new job with that title.

The challenge is to suspend your current view, and as the old saying goes, walk a mile in their shoes.  Once you have, you’ll find that things look different from their perch, and solutions look different too.  How one feels, sees and evaluates specific facts, challenges, and solutions is very much determined by where they are and the filters these factors bring to the matter.  How you see things now, as a sales person, with a quota, is not how an executive with different responsibilities reacts to the same fact.  Either adopt their understanding and the reaction it will cause, or find that no one may care about how you feel.

There are a number of ways to do this, start inside your own company, and then move to current customers.  Pick up a book that will enhance your base of knowledge, not just confirm what you already know, look at a book like The Ten-Day MBA, then move to reading the top books on your targets’ reading list not yours.  Anything that will move you out of your sphere in to that of your target.

What’s in Your Pipeline?
Tibor Shanto

Hanging Out with @GlobeSmallBiz: How to develop a Winning Sales strategy45

Hanging Out with @GlobeSmallBiz: How to develop a Winning Sales strategy

Last week I had the opportunity to participate in The Globe and Mail’s Report on Business’ Small Business interview series on Google+ Hangout. As the title suggests, we discussed a number of topics relating to sales, and sales challenges important for small business owners.

This was not only a great use of the technology, but we covered a number of key issues potential pitfalls, and opportunities for small business owners.

Take a look, comment, enjoy, and profit.

httpvh://youtu.be/A3FEyN2B4dE

What’s in Your Pipeline?
Tibor Shanto

Sales Summer School34

The most valuable, complete sales training of the summer!

Featuring me and 18 other well-respected sales innovators, authors and trainers from across North America, Sales Summer School delivers ideas and actions that you can take immediately to improve your sales results.

You can select from over 30 courses with a wide variety of topics ranging from tips and techniques for interviewing for your next sales position to obtaining strategic referrals and partners, through to coaching your sales teams as an effective leader.

My course is GAP Selling – Leveraging Process and Execution, is coming up next Thursday, August 2, at 4:00 pm Eastern.  GAP Selling – Looks at hoe to deliver value.  Almost every sales conversation starts or ends with the concept of value; at the same time there are as many different understandings and definitions of value as there are sellers and buyers. Without a clear and actionable definition of value, many conversations between buyers and sellers are less than effective, and do not help create a buy. Starting with that definition of value, participants will then learn the five step process to leveraging that value right through the sale, from the initial engagement to winning the client. The overarching goal of the process is to focus on the buyer’s objectives, and delivering specific means of helping the achieve those objectives. Steps include: 1) Identifying and validating buyer’s objectives 2) Understanding why buyers really buy 3) Why Buyers buy and don’t buy from you and your company 4) Converting the above to impact questions and quality conversation 5) A structured follow-through approach to maximize impact and progress Participants will learn how to use the above to create alignment with the buyer, their objectives and buying process.

You can see the other courses, schedules, and register by clicking here.

Each course is scheduled for 60 minutes and there is always time available for live Q&A with the audience.

You would have to pay thousands of dollars to hear these speakers live. Your investment of $47.00 per event will prove to be the most valuable career investment you will make this year.

Look down the list of Presentations and Speakers, select those that you would like to attend, and the rest will  be taken care of behind the scenes.

As an attendee, you will receive access to a recording of the event for your review later on, and will also be given exclusive access to a private LinkedIn Group reserved only for attendees of Sales Summer School. Each of the instructors is an active member, and are available to answer your questions on sales and sales management. Private access to this group of experts is worth more than the price of the ticket itself.

What’s in Your Pipeline?
Tibor Shanto

Don’t Just Sell, Inspire – Sales eXchange 159104

Selling is an exercise in persuasion, I know no one wants to be sold, they want to buy, but even in creating that “buying environment”, we are persuading. And if you are part of that minority that is willing and capable of engaging and selling to the group sellers describe as status quo, usually the least willing to engage with sellers, after all “they are all set”; then there is no question that you are persuading.  Probably selling better and more than sellers sticking to safer, easier segment of the market; these would be the sellers looking to be “found”, waiting for buyers to realize they have a “need”, and then look to “find” someone who will sell it to them on their terms (that is at the lowest price).  I know I am seasoned, but I think we can call that type of selling what it is, which is order taking. 

The best sellers go beyond selling, beyond persuasion, they strive to inspire.  This means taking yourself and your product out of the process, and putting the entire focus on the buyer, their objectives and a healthy dose of the buyers’ aspirations.  And while all sellers are capable of doing this, it seems to be beyond what many sellers are willing to do.

It starts with understanding the underlying factors of why people buy, and then using those to develop an interview strategy based on that.  The products and services we sell only make an appearance once that interview strategy is complete.  If you are used to “presenting”, this will be hard.  The five underlying hot buttons or factors are rooted in Avoiding Risk, Financial Gain, Improved Productivity, Creating a Time Advantage, and the hardest – the buyer’s Self Interest.  What makes the sale interesting, is that while there are similarities within verticals and roles  that can be leveraged, they are not always the same.  This means that it has to be adopted as a process, not as a specific set of questions. 

First you do need to understand where you have address the five factors in previous successful sales, to specific roles within specific types of companies, think of it as buyer profiling (a positive for a change).  Some of the above hot buttons will surface more often than others, clearly being the ones you can better, but not exclusively, leverage.  Not exclusively because you want to cover all to ensure that you AND the buyer are fully engaged.  Now you will know why people buy based on understanding their challenges, what you and your company’s offering can bring to address those challenges, i.e. your advantages to the buyer; and finally what impact you and your company have specifically delivered. 

Armed with this, you are now ready to develop questions that will get the buyer to put their objectives and opportunities on the table, and the challenges they may face in attaining those objectives, in essences getting them to put the issue on the table. 

Only once you have gotten them to put those issues on the table, are you ready to start positioning your offering. 

By definition, a solution solves an issue, challenge or problem, a buyer may have; notice no mention of pain, as challenges or problems can be encountered in the pursuit of positive challenges as well, i.e. becoming the dominant player in the market, so why introduce a negative?  Until you have been able to get the buyer to state their challenges, there really is no need for a solution.  Which is why your product, you value prop, and all the usual crap, has no place here.  Your role is to engage, and inspire the status quo buyer to believe that there is a means to attaining something they did not feel they could do before, which is why they felt “they were all set”.  But inspired by the possibilities inherent in the interview strategy and the questions you deployed, you can inspire them to take action.

What’s in Your Pipeline?
Tibor Shanto

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