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5 BIGGEST (and how to avoid them) sales mistakes

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Page 1: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

5 BIGGEST

(and how to avoid them)sales mistakes

Page 2: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 3: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

MISTAKE 1

people buyNOT KNOWING WHY

Page 4: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 5: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 6: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 7: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

PEOPLE WILL PAY MORE

derive pleasureTO AVOID PAIN THAN TO

Page 8: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

YOU’VE GOT

pain buttonsTO KNOW THEIR

phone research

customer feedbacksocial research

Page 9: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 10: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

YOUR JOB

the painIS TO DISMANTLE

Page 11: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 12: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

MISTAKE 2

people should buy YOUNOT KNOWING WHY

Page 13: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

60%

salespersonOF THEIR PURCHASE DECISION

IS MADE BEFORE THEY SPEAK TO A

Page 14: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 15: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

‘WHY YOU’

their pain + your giftSHOULD BE AT THE INTERSECTION OF

Page 16: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

MISTAKE 3

rankMINIMIZING YOUR

Page 17: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 18: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

PEOPLE WANT

can’t haveWHAT THEY THINK THEY

Page 19: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 20: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

Definition of SALES:

Persuasion

Transaction

determining if you’re

the right fit for me

Page 21: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

THINK

sommelierLIKE A

Page 22: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

MISTAKE 4

narrativeYOU LACK A

Page 23: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 24: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

SHE DIDN’T SELL HAIRCUTS

certaintySHE SOLD

Page 25: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

YOUR JOB ISN’T TO SELL CAMP

your storyIT’S TO SELL

Page 26: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

CREATING YOUR NARRATIVE • Your characters’ common goal

• The consequence of failure

• The conflict that creates tension

• Get your characters almost to safety, introduce a final ticking time bomb, then resolve the story

Page 27: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

MISTAKE 5

before they buyNOT GIVING A TASTE

Page 28: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

GIVE THEM

experienceA PINK SPOON

Page 29: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive
Page 30: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

• Know why your customers buy

• Know why they should buy you

• Create status

• Build a novel narrative

• Give them a taste before they buy

Page 31: BIGGEST sales mistakes - laramcculloch.com€¦ · 5/3/2017  · BIGGEST (and how to avoid them) sales mistakes. MISTAKE 1 people buy NOT KNOWING WHY. PEOPLE WILL PAY MORE derive

• Helped a tent rental company bring in $3.5MM of new sales opportunities

• Got an unknown brand to go viral• Coached a San Francisco entrepreneur to triple her

sales in 1 year• Has worked with some of NA’s most well-known

brands• Created one of the world’s first twitter communities• Global keynote speaker• Top 40 Under 40, Awards for leadership &

innovation• Start Some Shift podcast

www.laramcculloch.com [email protected]

thank you.