| Frequently Asked Questions
What are the biggest differences between
business to business and business and consumer selling?
-
The B2B sales
professional most often thinks of sales as a career.
- The B2B sales professional usually has an
educational background or industry training in the products being sold
or the organizations buying them.
- B2B sales professionals are primarily pro-active,
searching out prospects and converting them to clients.
- B2B sales reps usually have near-term repeat
sales or strong on-going relationships with clients.
- B2B sales reps deal with various levels and
multiple individuals within a client organization.
- B2B sales reps can be among the highest paid
employees in an organization.
There are many overlaps between B2B and B2C; top
automotive sales reps and good real estate agents, for instance, make
careers selling. A few clothing store sales reps develop careers, too.
And financial advisers have long term relationships built on expert
product knowledge. But for the most part, retail sales reps look for
other career opportunities, work part time, and rarely are paid paid
well.
Brian Harrison Smith courses are aimed at business
to business sales professionals building their careers in sales and
sales management.
What is the most important
characteristic of a successful sales person?
- The ability to communicate with customers is the single most
important characteristic of successful sales people. All types of
people can be successful at communicating. Smart organizations enhance
the skills through learning and coaching.
- The main skill is to create dialogue. This means asking the right
questions and facilitating the buying process. This is a low pressure
approach to selling which produces significant results and builds
long-term B2B relationships.
- Creating dialogue requires understanding of each customer's
situation. Today's customer is very well informed and has information
at their finger tips. It's essential to gain a deep understanding of
their needs and level of knowledge before attempting to sell the
anything. e.g. If you are selling cars, you can be sure over 80% of
your potential buyers have shopped for information on the Internet.
How would you contrast selling today with selling 30 years ago?
- The old style of selling went against the way people think. Sales
people would present everything they had to sell up front and hope the
customer would choose a product of service. Today's professional sales
person's approach is the same process your family doctor follows when
you have an ailment. i.e. Examination, Diagnosis and Prescription.
- People love to buy but hate to be sold. Successful selling today
involves sharing the burden of making the sale with the buyer and
developing an appropriate joint solution for the circumstance. This
approach to selling follows people's natural decision making process.
What is Win-Win selling? What are the benefits?
- Both the buyer and the seller come out of the process feeling their
best interests have been served … in other words they have both won.
What many people do not understand is that a Win is more emotional
than tangible. e.g. A person's Win, when he or she sources a solution to a
strategic business problem, is the recognition she or he earns from
their peers. This may have significant career implications in the
future.
- The benefits of Win/Win selling are satisfied customers, long-term
relationships, repeat business and referrals. Successful Win/Win
selling requires the sales person to understand each clients personal
win in-depth and position his products and/or services to fit.
When people buy a product or service they really are buying a
Solution Image. What do we mean by this and how is this essential for
good selling?
- Customers buy what they think the product or service will do for
them. This is a very subjective issue and is based on past experience
and current priorities. e.g. Everyone has a different idea of what
they are buying when they purchase an automobile.
- You can't sell anything unless you know what the customer wants to
buy. This means understanding the buyer's solution image and
connecting the image with the sales person's solution. If no
connection is made then there is no fit and a Win/Win sale will not
occur.
- Professional sales people should not execute sales which do not fit the
buyer's image, because only grief, known as buyers/sellers remorse, on both
sides will result.
What are the benefits of understanding the customer’s Solution
Image in managing the buy/sell process?
- You learn more about the customer. You can then focus on results
that B2B customers need. It also accelerates the selling process and
differentiates you from competitors.
- Selling to fit your customer's solution image minimizes price
competition. It positions you favorably with the decision maker and
you can spot no-fit situations at the outset and avoid wasting time
What are five basic reasons a customer will be reluctant to agree to
a sale?
- no need,
- no money,
- no desire,
- no urgency and
- no
trust.
- No trust kills the most sales. It is better to be trusted than
liked.
How important is credibility and how do you build it?
- Credibility can be established at the outset based on your
experience, your knowledge, your presentation and your associations,
but in the long-term it has to be earned. Credibility is essential for
selling. It is the foundation of trust.
- When you have credibility, customers will be ready to talk to you
and will ask "how" questions rather than "why"
questions. Customers will tell you they trust you and will give you
highly personal information. Their attention will be clearly on the
meeting.
Sales success begins with the ability to ask questions and really
listen. What are the most important reasons for asking good questions?
- Good questions allow you to qualify at the outset of the sales
process. They help you understand the current situation and establish
rapport and a comfort level.
- Good questions let you determine what you know and do not know about
the customer's buying process and let you identify how the customer
thinks you are different from your competitor. Properly structured and
sequenced questions reinforce your credibility and generate a fluid
communication process.
What two things must the information you give a customer accomplish?
- The information you give to customers must show that your solution
fits their solution image and differentiates you from your competitor.
- Buyers make decisions base on perceived distinction. If you
don't help them here they have to differentiate themselves and they
are not nearly as qualified to do it as you are.
What does selling beyond the close mean?
- Each sale is one step in a long-term relationship and constant
attention is required in the care and feeding of the process. e.g. A
B2B customer who purchases $10,000 per month is worth $1.2 million in
cash flow if you serve them faithfully over the next ten years.
Is walking away from a sale really a downside of customer-driven
selling?
- Absolutely not. You will never have a long-term relationship in any
situation that is not Win/Win. Walking away from poor solution fits is
good business.
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