WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE Some think that the smoothest or smartest salesperson in the room is most likely to get the account. But in reality, those who have mastered the art of listening are the most successful in closing deals. Read on to find out why the best listener trumps the smoothest talker and discover how to harness the power of listening to boost your sales and attract more clients. When Gong.io studied more than 25,000 sales conversations from different businesses, they found only one thing in common among the best closers: they listened more than they talked. More specifically, they talked 43% of the time and listened 57% of the time. This shows that listening, not persuasiveness nor knowledgeability, is the most important skill in sales. But why is listening so powerful? Here are three important reasons. Listening transforms an average solution to a perfect solution 1 WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE more into it and see if you can help your client avoid long lines at the counter with a mobile processing equipment. If your competitor missed this information, you would have stood out by giving a more in-depth and customized solution. Remember, with almost all companies having access to similar offerings, a thorough knowledge of your client becomes your competitive edge. Everything your In today’s fast-paced business landscape, client says can help you close a deal a good listener in sales is like a diamond and make money. in the rough -- they’re extraordinarily Listening leads to the correct rare! At best, most salespeople seem to response listen but are actually contemplating Have you tried to convince someone their next response in a hurry to get to else of your idea and failed? We’ve their next prospect. What they don’t probably all been there and we might know is that paying attention to have chalked it up to a lack of everything the client says could draw the persuasive skills. But most of the time, line between the average solution and that’s not the case. We fail to persuade the perfect solution. For example, if your someone because we do not listen first client casually mentions that they are before responding.For example, when seeing more customers these past you’re trying to persuade your friend to months in their stores, you can delve 2 go out and he says he’s tired, you WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE accordingly. For example, you can say that you and their supplier have the same interest in mind, which is to build their capital. So the worst thing that can happen in 20 minutes is that he would have maximized his opportunity. Remember that the key to a correct response is the correct understanding. Listen first and tailor-fit your response accordingly to increase your persuasive power. will have higher chances of success if Listening makes you likable you listen to his statement first and According to psychologist Robert adjust your response accordingly. So Cialdini, likability is one of the most instead of responding with “Cmon, it powerful tools of persuasion. Once a would be fun!”, you can say “Busy day? person likes you, he or she will be more Why don’t we relax at the bar and have open to your ideas and more inclined your favorite drink?” These words may to form a relationship with you. So how spark his interest more because you can does listening make you likable? relate to what he’s feeling. First, listening makes a person feel Likewise, when you try to convince your important and that’s a surefire way to prospect to agree on a meeting with you make another person like you. When and he says he already has a supplier, you show your genuine interest in you can use his statement to your another person by asking thoughtful advantage and adjust your response 3 questions and paying attention, it WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE caring experience. This helps build camaraderie and trust, which establishes a fertile ground for a good and lasting business relationship. Mastering the art of listening gives you these four powerful benefits that would help boost your sales and build a stable digital payments business. We know there’s no time to spare in looking for potential clients so let’s now find out how you can start makes them feel good about themselves improving your listening skills. and, in turn, makes them feel good about Second, listening helps you discover Active Listening: Your Key to Sales Success things that you have in common with When we are trying to listen, we might another person. As we learned from the find ourselves thinking of what to say previous article, people like people who next or daydreaming about our are like them. Finding common ground is favorite meal. This reaction is normal a great way to build rapport and a since we are naturally wired to think positive connection with your client. faster than someone else can speak. Listening builds lasting relationships Our brains can understand someone Listening shows that you are invested speaking at 400 words per minute but not just in your own success but also in people can only speak at an average of giving the client a personalized and 125 words per minute. Meaning, we you. 4 WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE they are feeling and thinking. Moreover, active listening can be seen, heard, and felt by the speaker. So if you’re practicing active listening, your clients will know and love you more for it. Are you ready to boost your active listening skills? Here are four techniques to get you started. 1. Pay attention to non-verbal communication. There are two sides to this. On one have time in our hands for our minds to hand, you need to demonstrate that wander. However, passive listening or you are paying attention through your listening without engaging mentally body language. Some behaviors active turns off even the most patient speakers, listeners do to show they are listening which can affect your relationship are the following: negatively. a. Setting aside mobile devices or To avoid turning off your client, keep any distractions and not touching your mind focused and engaged by them until the conversation is practicing the skill of active listening. finished Active listening is completely engaging b. Maintaining eye contact (make it with another person’s words, voice, and frequent but not permanent body language. This means that you are because staring can make your not only trying to understand what client feel uncomfortable and you a another person is saying but also what 5 tad bit creepy) WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE attention to non-verbal cues, you will understand more clearly what a person is really saying, which would help you adjust accordingly. You can also pick up what the other person is feeling by observing their body language. Do they look nervous, annoyed, or interested? Some nonverbal cues that you need to look out for are the following: a. Hands crossed in front which c. Maintaining an open body posture may signal defensiveness or d. Facing the other person annoyance completely b. Hands perched on the chin e. Leaning a bit towards your speaker which signals that a person may be when he or she is talking interested in what you’re saying or On the other hand, you also need to pay contemplating on it attention to the body language of your c. Hands to the side and not speaker to have an accurate picture of blocking the torso, which may what the person is thinking or feeling. signal openness on the part of the For example, your client can say “That’s client interesting” but he is slouched with his d. Client is sitting straight signaling face leaning on one hand, looking bored. that your client is interested in the He may say something but mean current topic another. If you are good at paying e. Client is slouched signaling that 6 WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE wait for your speaker to finish his or her talking turn. While you are listening, you can express that you are still paying attention by making listening responses such as “I see” or “yeah” or even small utterances such as “mmm” or “aah”. 3. Respond to what the other person just said. This should not be confused with interrupting. This means that when your client is disinterested your speaker responds, you need to Remember that this only serves as a wait for them to finish and then give guide. You still need to get to know your an informed response to what they just client’s personality to assess him or her said. Giving an informed response more accurately. means doing the following: 2. Also pay attention to verbal a. Summarizing or reflecting what communication. the other person said The verbal part of active listening is b. Asking another question for asking good questions and stopping to clarification or to encourage hear the other person’s full answer. further sharing What breaks this pattern, however, is To put it all together, let’s say your when we interrupt our speaker mid- client tells you that they are suffering sentence to agree, disagree, or make from high chargeback rates. After their another point. Resist this urge and talking turn, you can respond by 7 WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE expressions and tone of voice. 4. Keep the focus on them and let them talk. Make the decision that the conversation will mostly be about your speaker and less about you. Resist the temptation to jump into offering your product or to change the topic to your liking. Keep your questions and responses concise and stick to topics your speaker is interested in. When saying, “I see, so your cash flow has been your speaker veers away from the suffering due to high chargeback rates discussion, bring them back by tying (summarizing)? What actions have you your response to the original point of been taking to address the issue (asking discussion. another question)?" Eventually, when they have finished Whatever you do though, do not just sharing a wealth of information about stare blankly or refrain from reacting themselves, you will have a chance to once your speaker is done talking. talk about your product or some other Acknowledge through listening topics you need to bring up. responses while they’re talking and give The rule of thumb though is to let an informed response once they are them talk for the majority of the done. Expert listeners also relate with conversation. their speakers not just verbally but nonverbally as well through their facial 8 WHY THE BEST LISTENERS BECOME THE GREATEST SALESPEOPLE Harness Your Greatness These four techniques require commitment and practice but the rewards are more than worth it. The key isn’t just listening but striving to understand what your speaker is trying to convey and what he or she really wants to happen. If you can find out your prospect’s needs by asking the right questions and paying attention to everything they are saying AND not saying, then you can be the person who offers the best solution and the supplier everyone dreams of having. 9