Seven Sales
Myths
By Drew Stevens
With over 27 years in the field of selling, Stevens
Consulting Group has encountered numerous selling myths. Many are so
focused on closing sales but fail to avoid many of the trappings of
ridiculous behavior. As I have stated in in the past, 92% of
professionals lack a process in which to conduct relationships that
affect business. So many fail to follow two things 1) good advice
(and there is a LOT of poor advice nowadays) and 2) proper
education. If there were good advice to help you close sales gaps
would you be interested? Then here are seven of the top 25 selling
errors.
1) Price: During our reach into the Millennium,
advantages to selling decrease as consumers use the Internet to gain
accessibility to competitors, inventory and other vital tools. The
information endows the client to strengthen their negotiable
position. Price negotiation now succumbs to value. Customers today
desire value. Value is the benefit the client receives from a
selling professionals business. Value is a competitive
differentiator as clients discern the answer to the vital question,
“What’s in it for me?” Clients only do business with those they
trust. Forget the price equation and only sell on value.
2) Anyone can do it: Sales professionals are much like
a general on the battlefield, an athletic coach at a game, or a
chess player at a tournament: they are always thinking ahead,
strategizing to determine their next move. Selling requires a desire
to create relationships and a willingness to absorb useful research
and articulate the results to a client. Not many have the patience
and persistence that selling requires. The skills needed for selling
(especially technical sales) are not found in many. Talent is innate
and cannot be taught.
3) Sales people make good managers: There is a
ridiculous notion that since selling professionals manage
territories and relationships the transfer of skills rationalizes
promotion to management. Not true. Research illustrates that selling
professionals desire individual achievement. They enjoy the
entrepreneurial ability to call upon clients, meander in their
territory and create their own luck. Managing staff requires
oversight, reports, and motivation and oftentimes reprimands,
shunning results. Simply put, the best selling professionals don’t
make the best managers.
4) High Motivation is Required: Many aspects of
selling require technical conversations. Engineering sales
professionals require a pragmatic approach meshed with analytical
presentations. Every organization from non-profit to government
requires selling to offset expenses. Each firm maintains a variety
of cultural standards, some aggressive and loud while others
peaceful and cautious. The talent of the professional emulates the
organizational culture. High motivation is applicable dependent on
the organization. And not all individuals are required to be
gregarious.
5) CRM Rules: Technology for technology sake is
ridiculous. Numerous software and Internet applications assist speed
and workplace efficiency. However, many individuals tend to use
technology to augment human interaction. Relationships control
selling situations. CRM or Customer Relationship Management assists
pipeline management. Sellers control relationships with dialogue,
language, and discussion not electronic software. Applications must
be used to help the relationship not become a substitute for it.
6) Internet increases selling effectiveness: The most
important part of any business owner is to prepare for each and
appointment. The successful professional will always know the client
or even the prospect. The Internet is most accessible and enables
spontaneous information. Selling professionals might discover useful
competitive and industry information that aids the client. However
the Internet, like CRM, is not meant to augment the business
relationship. Electronic mail and the Internet will aid immediacy of
required customer content but it will never substitute for positive
relationship building. And forget those social networks, they do
little to build business.
7) One must always be closing: Building business is about
relationships. The discussion with prospects should always be about
value, not about fees, or prescriptive programs. If the discussion
is not about value, then you or your people have surrendered control
of the discussion, and the result will never be on the terms you
would prefer. When the discussion is on value and the prospect is
convinced of the wisdom of a relationship with you, fees are
academic. When business is closed it is based on the adulation of
the relationship. Stop worrying about the number of widgets and
start worrying about the number of relationships.
Read other articles and learn more about
Drew Stevens.
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