Podcast
Questions and Answers
According to the principles outlined, what is the primary purpose of a salesperson's daily focus?
According to the principles outlined, what is the primary purpose of a salesperson's daily focus?
- To primarily focus on upselling and increasing sales volume.
- To provide customer service and address existing issues.
- To ensure smooth transactions and maintain customer satisfaction scores.
- To help customers recognize and achieve possibilities they hadn't considered. (correct)
In the context of sales, what does 'pushing customers' primarily involve?
In the context of sales, what does 'pushing customers' primarily involve?
- Offering discounts to encourage quicker sales.
- Pressuring customers to make immediate purchase decisions.
- Challenging customers' ideas and encouraging them to think on a deeper level. (correct)
- Aggressively persuading customers to buy products they don't need.
Why is trust so important in the early stages of a sale?
Why is trust so important in the early stages of a sale?
- It reduces the likelihood of needing to negotiate and fosters deeper conversations. (correct)
- It allows salespeople to close deals faster without building rapport.
- It ensures higher profit margins due to less negotiation.
- It minimizes the need for detailed contracts.
What should be the relationship between selling and negotiating?
What should be the relationship between selling and negotiating?
How does the concept of 'delivering incremental value' apply to the sales process?
How does the concept of 'delivering incremental value' apply to the sales process?
Why is it important for salespeople to have a clear understanding of their 'why'?
Why is it important for salespeople to have a clear understanding of their 'why'?
While trust is crucial, what action should always be taken to ensure clarity and prevent misunderstandings?
While trust is crucial, what action should always be taken to ensure clarity and prevent misunderstandings?
Which approach exemplifies maintaining integrity during a negotiation, according to the principles described?
Which approach exemplifies maintaining integrity during a negotiation, according to the principles described?
According to the ideas presented, what is the primary driver of making a positive impact on others?
According to the ideas presented, what is the primary driver of making a positive impact on others?
How should you approach interactions with individuals you encounter, according to the document?
How should you approach interactions with individuals you encounter, according to the document?
What is the key attribute of a true leader, as implied in the text?
What is the key attribute of a true leader, as implied in the text?
In the context of sales, why is it important to engage with every person at a prospect's office, from the administrative assistant to the CEO?
In the context of sales, why is it important to engage with every person at a prospect's office, from the administrative assistant to the CEO?
According to the principles outlined, what combination of attributes defines charisma?
According to the principles outlined, what combination of attributes defines charisma?
What does 'being accountable' primarily involve in the context of integrity?
What does 'being accountable' primarily involve in the context of integrity?
According to the ideas shared, what should a sales representative value more?
According to the ideas shared, what should a sales representative value more?
Flashcards
What is Sales?
What is Sales?
Creating incremental value for leads, prospects, and customers. Helping them achieve what they didn't think was possible.
Value in Sales
Value in Sales
Delivering incremental value to a customer when they weren't expecting it or didn't know they needed it.
Salesperson's Role
Salesperson's Role
To push others to achieve more than they thought they could.
Primary role
Primary role
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Sell First
Sell First
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Negotiating
Negotiating
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Sales Investments
Sales Investments
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Trust in Sales
Trust in Sales
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Integrity in life
Integrity in life
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Negotiation essentials
Negotiation essentials
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Source of integrity
Source of integrity
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Impact on others
Impact on others
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Goal with people
Goal with people
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Selling team
Selling team
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True leader
True leader
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Charisma defined
Charisma defined
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Study Notes
- "Presenting is not the same thing as selling.” - Mike Weinberg
Sales vs Customer Service
- Sales is not customer service, sales is about creating incremental value
- Focus on leads, prospects, and customers every day
- The purpose is to help them see and achieve what they did not think was possible
- A sales representative interrupts prospects, challenges them, and pushes them when necessary, and does for others what they would not do on their own
- Sales is about delivering incremental value to the customer when they were not expecting it and most likely they did not know they needed it
- The daily objective is to push customers by challenging their ideas and never settling for what you hear
Discovering your "Why"
- Determine your "why"
- Why are you in your role?
- Why do you get up each day to do what you do?
- One of the main reasons why as a salesperson is to do what you do exceptionally well
- The more focused on sales, the more in tune you become to customers because you're pushing and challenging them to a deeper level of conversation
- Move the customer forward
Selling and Negotiation
- “Ninety percent of selling is conviction and ten percent is persuasion.”
- Negotiations should not be a process where both sides try to take advantage
- The best sales are when negotiations aren't needed because both parties trust each other
- Sales is about investing in others to know where they are coming from
- The level of trust between both parties will determine the level of negotiation needed to make the sale
- Grounded in trust people are drawn to others who are grounded in trust
- Establishing trust and creating confidence happens when we take the time to sell first
- Always verify trust and get the details in writing
- Create trust through your actions to create deeper conversation
- Trust is contagious
- Prospect with integrity and trust to attract customers who have integrity and trust
- You get the customers you deserve
- Live your life with integrity by being accountable for what you say and do and respecting others
Negotiation
- If negotiation is inevitable:
- Maintain your integrity
- If a discount is necessary, it is due to the buying party not fully understanding the value of your offer
- Ask better questions to uncover the right outcome for the customer
- Emphasize and quantify the value of your offering
- Instead of cutting price, change your business proposition by removing or changing elements to fit the buyer's budget
Being a Difference-Maker
- Start to be great at something
- The drive to make a difference in others, is driven by integrity, not circumstances
- Take cues from our environment, choose to make the most of it and see things in a positive light
- The impact is greater than we realize
- Consider who would be on a list of regularly impacted people
- Impact each person met so they see you as one of the better parts of their day
- You are our own difference-maker
A Successful Sales Team
- Who are your fans, who go beyond what is expected to help you achieve your success
- A true leader leads because of who he or she is and the impact they have on others, not because of title
- A successful sales representative always puts everyone else first
- Engage with every person at the prospect's office
- Take the time to understand each person, personal connections are powerful
- Value other people more than yourself, value their goals and aspirations more than your own
- Charisma is the combination of confidence, integrity, concern, and respect in communication
- With sincerity, ask your prospects what issues they are facing and they will provide valuable information to better serve them
Passionate About Sales
- Sales are contingent upon the attitude of the salesman—not the attitude of the prospect
- Being passionate about something means you care at a deeper level than normal
- Being passionate means you care and are committed and also means you value it
- Being passionate allows the sales representative to connect with others on a deeper level and allows them to make better decisions.
- Passion is showing your commitment with your emotions but in a controllable manner
- Sales are contingent upon the attitude of the salesman (or woman), not the attitude of the prospect
- Customers will share their needs when you are passionate about helping them
- Your customers expect you to be passionate
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Description
Explore the essence of sales versus customer service, emphasizing value creation and challenging customer perspectives. Discover your 'why' to excel in sales and connect deeply with customers. Focus on pushing boundaries and delivering unexpected value.