advanced selling and proposal skills. start / stop / continue the rainmaker academy will equip you...
TRANSCRIPT
Advanced SellingAnd
Proposal Skills
Start / Stop / Continue
The Rainmaker Academy
will equip you with a number of tools.
In order to organize these tools in a constructive manner, place a
Start/Stop/Continue matrix on the
inside front cover of your workbook
Objectives
Review complete marketing and selling processes Develop your full selling skills Present a complete oral and written proposal Interact with instructors and classmates to
develop selling skills
Time Management Matrix
Urgent
Quadrant I
Impo
rtan
t N
ot Im
port
ant
Not Urgent
Quadrant II
Quadrant III Quadrant IV
Activities Activities
Activities Activities
Your Differentiators
Service Gap Quality Terms Responsiveness Guarantee Industry expertise Pricing Delivery Implementation Integration
The Dominant Improves Communication With More…
Willingness to consider client feelings and opinions Offers of support and flexibility Patience and empathy Relaxation and a willingness to allow clients enough
time to process recommendations
The Influencer Improves Communication With More…
Patience and Deliberateness Attention to Details Emotional Control Understanding of Other Styles and their
Decision-Making Process
The Steady ImprovesCommunication With More…
Directness in Addressing Business Willingness to ask for the Business Attention to Detail
The Conscientious Improves Communication With More…
Willingness to change pace and approach to accommodate the client
Sensitivity to buyer’s need to develop trust and confidence
Willingness to get to know the client Persistence when things don’t go as planned
Five Star System
Price Resistance – Sticker Shock Price Anxiety – The “meter” is
running on me! Payment Resistance – Buyers
Remorse
The Three Pricing Emotions
The Law of the Ladder
At the Top of the LadderPrice Resistance Decreases
There is Little or No Competition
At the Bottom of the LadderThere is Intense Price Resistance
Competition Is Fierce
The Value Ladder
Products
Services
Relationships
Process Integration
Innovation
Partnership
Organizational Impact
ClientService Matrix
Twelve-Step Selling Process
1. Prospecting for Leads
2. Gaining Access to Prospects
3. Qualifying Prospects
4. Identifying Decision Influencers
5. Developing Like and Trust
6. Discovering Problems and Needs
7. Creating Wants
8. Handling Objections
9. Demonstrating Capabilities
10. Creating Value Perceptions
11. Persuading Decision Influencers
12. Closing the Sale
NEAD-PAY
N – Who Are You Using Now? E – What do You Enjoy About “X”? A – What Would They Alter? D – Who Else is Involved in the Decision? PAY STRATEGY
Pay Strategy
Clients may use all services. Value is their goal; money is not an issue
Some clients only want lowest price
Other clients use few services.Want to know service is available
Decision Influencers
The Final Authority CEO, President, Chairman
The User CFO, Controller, Bookkeeper
Technical Investment Bank, Surety Agent
Coach
Gatekeeper
How Do You Handle Objections?
Listen Restate Ask Questions Answer Confirm
Sell Benefits
Features
Advantages
Benefits
Closing the Sale Trial Close Direct Close Sharp Angle Close Change Places Close Tie Down Close
Seven Aces
Value of one $15,000 Client x Ten Years = $150,000
An Ace Brings You One a Year $1.5 Million
How Do We Go About Asking For A Referral?
Direct ApproachDo you know this person?
Client’s Customers and Suppliers Indirect Approach
Client's Lawyers and BankersAnnual Letter
Seminar Response CardNewsletters
Levels of Listening Ignoring Pretending Selective Attentive Empathic
Review of Sales Questions Open–Ended Questions Close-Ended Questions Yes/No Questions Situational or Informational Problem Questions SPIN Questions
Need Payoff Questions
Expand Implied Needs to Explicit Needs
Explicit Needs Reveal Clear Problem
Stimulate Desire for Your Solution
Questions Probe for Vital Sales Information
Prospect’s ObjectivesProblems
Needs and WantsDecision Process
Budget and TimingCompetition
Techniques to Build Presentation
#1 Plan Your Closing First#2 Begin With the Unexpected#3 Organize to Fit Your Audience#4 Decide on Your Motive#5 Keep It Simple & Short
Eight Organizing Structures1. Question and Answer Structure2. Problem-Solution Structure3. Chronological Structure4. General to Specific Structure5. Specific to General Structure6. Cause and Effect Structure7. Comparison/Contrast Structure8. Topical Grouping Structure
Team Selling and Innovation Patterns
•The Creator
•The Advancer
•The Refiner
•The Executor
•The Facilitator
Your Pattern is…..?
Patterns of Your Team
Your Best Role on a Team
Three Things You Do Best in Selling
P.E.P. Cycle for Each Team Pattern
Creator P - ________________________________________E - ________________________________________P - ________________________________________
Advancer P - ________________________________________E - ________________________________________P - ________________________________________
Refiner P - ________________________________________E - ________________________________________P - ________________________________________
Executor P - ________________________________________E - ________________________________________P - ________________________________________
Flexer P - ________________________________________E - ________________________________________P - ________________________________________
P.E.P. Cycle Creator
P Short Lived Stage
E Gets an Idea
P What if they don’t like it?
P.E.P. Cycle Advancer
P No Ideas
E I hear An Idea I Like
P People Poke Holes and Raise Objections to Ideas
P.E.P. Cycle Refiner
P No Ideas
E Clarifies ObjectionsPokes HolesMakes Idea Better
P What if they can’t handle?
P.E.P. Cycle Executor
P Oh, You’re going to change?
E I have the information I need to implement the plan.
P Afraid it won’t work
P.E.P. Cycle Flexer
P We Have Nothing
E Plays Role of Dealmaker
P What if they don’t buy it?
Oral Presentation Techniques
Plan your closing first. Begin your presentation with the unexpected. Choose an organizing strategy that fits with
your audience. Decide on your motive for speaking. Keep it simple and short.
Proposals
A Good Proposal
Is Clear and Concise Is Well-Organized and Attractive Demonstrates Value Has a Competitive Fee Is Personal and Conversational in Tone Is Credible, Providing Evidence for any Claim
A Bad Proposal
Wordy and Uses Unexplained Technical Jargon Densely Typed Makes Claims Without Substantiation Poorly Organized From Prospect’s Point of View Focuses on Firm and What it has Rather than on
Client and What They Need or Asked For
Strategy Considerationsfor Business Advice
Make sure tax, consulting and lead functional or industry people are heavily involved in significant opportunities.
Include these specialists in planning site visits, proposal input, document reviews and oral presentations.
Address How to Budget for the costs of such involvement within your office and group.
Case Study
Thank You