10 Golden Rules of Smart Selling Rule 1: Understand selling is an art and a science Sales don’t happen by accident Sales can be planned More sales activity will lead to more sales There is a process to selling To sell effectively you need management and people skills for your business, staff and customers Rule 2: Know what you’re selling and who you’re selling it to Preparation customers / products / services / profitability / not flattering the top line unless for a reason Know your customer Needs, wants, budget Rule 3: Know where you’re going and how you’re going to get there Preparation Objectives & Measures – Plan Rule 4: Remember that attitude counts Helping people – understanding their needs Greeting 6 questions to kick off the conversation Rule 5: Understand that people buy people We’re all different – personality types Make friends make the customer want to stay and talk / hear more Remember your body language & mirroring language – make it suit: visual, hearing, feelings based, with examples Use the team if you have one www.businessdoctors.co.uk Rule 6: Ask the right questions in the right way Which is more effective? o Traditional approach: No prep Unenthusiastic, unprofessional greeting (Client 5%, Sales person 95%) Customer makes an enquiry, "what's your best price" Present the product features, "it's this and this and this and" Try to gain commitment (Would you like to buy it) Objections handled by cutting the price Negotiate ("Why won't they buy it?" - antagonistic) Close (no follow up) o Dialogue-based approach: Ask Questions active listening, person asking q’s is in control open / closed obtain all relevant info about the customer need to enable us to promote best value solution to meet their needs Rule 7: Sell benefits, not features What will it do for the customer How will it help them If you put yourself in their shoes they are listening to the radio –What channel? [reveal] WIIFM Rule 8: Always be closing Remember your ABC – Always Be Closing - Ask for the Order – if you don’t ask you don’t get? Why don’t you ask? Afraid of rejection (picture the girl next door…) Is a customer saying ‘No’: is ‘No’ a good thing or a bad thing? ‘No’ is a good thing as it stops you wasting your time and move on to the next love match Rule 9: Motivate & reward yourself & your team Who finds managing their sales staff a challenge? o Have the right ream––- RRRR Engage them o ask their opinion o Remember your manners! Say a simple thanks it does wonders o More carrot not stick, leadership style Celebrate success o Understands what motivates them Pay (reward them (graph of how important pay is?) Non-pay o Set them sales challenges – individually and as a team (link to your plan) Rule 10: Settle on your own winning formula Measure, evaluate, control, experiment, plan, implement www.businessdoctors.co.uk