| In today's environment, reaching your target audience and key decision
makers is more difficult than ever. Whether you are in a corporate
sales position, involved in internet or retail sales or simply just
pitching a solution or idea to a colleague, chances are you are making
some critical mistakes that are resulting in you not reaching your goal
- the sale! There are dozen obstacles in your way - busy schedules,
limited budgets, gatekeepers and communication breakdown.
So how do you overcome these obstacles and engage your customer to take
action? You have a small window of opportunity to entice your
prospective customers to want do business with you and with your
company. You must improve your skills and work through a process that
delivers the optimal results. However, in order to do this, you must
avoid 5 common and costly mistakes many people make while selling.
Mistake # 1: Allowing Customers to Lead the Sales Process
The customer is always right has been burned into our brains since the
moment you enter into business so it is a natural action to follow the
customers lead and allow them to dictate the steps of the process but
before you know it, your meeting has been high jacked and every aspect
controlled by your prospect. You need to own the sales process and be
in complete control of every aspect while allowing you customer tofeel
they are still in control. The best way is to ask quality questions
that uncover specific issues, concerns or initiatives that your
customers are faced with and bring them back to asimilar situation
where you supplied the answer and make the emotional connection that
your solution was the answer. You will immediately position yourself as
an expert and gain instant credibility. Once you have this emotional
connection, you can easily guide them through your process, educating
them along the way as to the next steps and what they can expect. This
will move you closer to your sale and when done correctly, will keep
you in complete control.
Mistake #2: Focusing To Much on "The Pitch"
Many sales people feel compelled to share all the information they can
with a prospective customer during the first interaction 'a meeting, a
sales page or a marketing message. They arm themselves with the
company presentation booklets and head out to make a typical canned
sales pitch. It looks something like this:
"Introduction to Company"
"Products & Services"
"Client List"
"Key Differentiators (you know the ones - quality service, market
leader, one stop shop, strategic partnerships, etc.)"
" Process Overview" and finally "Questions".
This may be the only opportunity you have so don't waste precious time
on the "company pitch", focus on engaging your audience and
demonstrating you understand their needs and the issue athand
. Audiences need to be engaged and be part of the process early on so
organize your sales discussion in a way that provokes interest in you
and your company.
Treat each sales call, presentation and message as an opportunity to
personalize the conversation between you and your prospect. Demonstrate
a genuine interest in their problems and bring forward your solution
and why your solution is the right decision for them. Stay away from
generic buzz words that do not really tell the customer anything about
your product and/or service and customize a discussion based upon the
customer and not your company.
Mistake # 3: Selling the Features of a Product vs. the Emotional
Connection
You should never focus your sales message to selling a specific product
- even if that is the end goal. You are selling a result, a benefit, an
experience or in other words, an emotional connection. All products are
a dime a dozen even if you have the fanciest widget on the block. Your
customer will buy based upon a perceived emotion and where many sales
people fail is to use emotion as an effective selling tool for closing
the sale. For example, if you are selling fractional shares of a luxury
jet to the super affluent, you could focus on engine power, wind speed,
and all the mechanical items that go into flying a plane, or you could
focus on the status, the experience and luxury of time and create an
emotional response that motivates your customer to buy. Connect with
your prospect and show them how this purchase will empower them.
Mistake # 4: Not Focusing on the Specific Business Challenges
Over 90% of sales meeting are held with individuals who are satisfied
with the status quo for a variety of reasons. They may be too busy,
they may have existing relationships or the thought ofmaking
a change is an unbelievable undertaken that they would rather stay
right where they are then even think about it. Regardless, if you do
not switch the focus of your meeting to address these constraints and
what it means to the individuals involved, you are making a serious
selling mistake that may delay your process or end it right there.
Decisions are made by people and most people are tuned into their own
radio stations WIIFM (Whats in it for me). You need to do your research
and understand your prospect's business, limitations and current
situation. How will he or she be impacted? What is important for them
to reach their goals? Is there a specific business challenge or issue
they are faced with? And lastly, can what you are offering solve their
problem and cause the least pain along the way.
Mistake # 5: Neglecting To Ask For the Sale
Many people who are selling are concerned with coming across too pushy
and often look for ways for a sale to happen "naturally" so they
neglect to ask for the sale. Theypresent
their ideas and solutions and lose control of the entire process at the
end of the meeting and never restate what they really want - the sale.
There are many ways to ask for the sale in a non-threatening, confident
way where people will usually respond in a favorable manner. It is okay
to ask "what do I have to do to win the mandate for your business" and
if you have demonstrated to ask for the business. In the event you do
not win the business, don't be afraid to ask for second best. Perhaps
there is a second tier piece of business out there and unless you ask,
the answer will always be no.
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