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Sales
Excellence …..

                 1
SELLING:




                                                                    12/26/12
   Selling is the process of assisting and/or
    persuading a prospective customer to buy a
    commodity or a service or to act favorably on an




                                                       www.exportpakistan.blogspot.com
                                                       are available at
                                                       more report related to sales excellence
    idea that has commercial significance to the
    seller.

   Final outcome in the form of favorable
    action.



                                                            2
BEST SELLERS’ SELLING
APPROACH
•Satisfied customers base
•Long-term  business relationships




                                                   12/26/12
•Repeat business with your ‘ regular’

  customers




                                        available at www.exportpakistan.blogspot.com
                                        more report related to sales excellence are
• Enthusiastic referrals to new
prospects




      3
more report related to sales excellence
12/26/12   are available at
           www.exportpakistan.blogspot.com
                                                     4
                People buy for their own reasons,
                not for yours.
                  
3PHASES SALES CALL




                                               12/26/12
 Phase 1- Getting Information:




                                  www.exportpakistan.blogspot.com
                                  are available at
                                  more report related to sales excellence
 Phase 2- Giving Information

 Phase 3- Getting Commitment




                                       5
PHASE 1: GETTING
INFORMATION




                                                                       12/26/12
   Involves learning about you customer’s business to
    understand her situation




                                                          www.exportpakistan.blogspot.com
                                                          are available at
                                                          more report related to sales excellence
    - finding out customer’s reason for being interested in
    doing business with you.
    This is where every good sales call begins….




                                                               6
12/26/12
 Find out the Customer’s real pain.
 Learn to ask questions and stop “pitching.”




                                                     www.exportpakistan.blogspot.com
                                                     are available at
                                                     more report related to sales excellence
 Teach your sales people the 70/30 rule . . .your
  Customer should be talking70% of the time and
  the sales rep should be talking 30% or less.




                                                          7
PHASE II: GIVING INFORMATION
 Involves describing and demonstrating
  your product/service, but only in relation to the needs




                                                                     12/26/12
  of customer.
 Giving him the information he needs to make a




                                                        www.exportpakistan.blogspot.com
                                                        are available at
                                                        more report related to sales excellence
  sound decision.




                                                             8
PHASE III : GETTING
COMMITMENT




                                                                        12/26/12
   Resolving uncertainties so that the two of you share
    commitment to the buy/sell process.




                                                           www.exportpakistan.blogspot.com
                                                           are available at
                                                           more report related to sales excellence
   No set order to these phases




                                                                9
more report related to sales excellence
                                        12/26/12                                   are available at
                                                                                                                             10




                                                                                   www.exportpakistan.blogspot.com
THE INDIVIDUAL DECISION PROCESS: J.P.



                                          Book The Nature of Human Intelligence
GUILFORD
SALES REPS’ BIGGEST MISTAKES
   138 customers, Business-to-business purchases, large North American
    companies, different industries




                                                                                       12/26/12
                                                                          www.exportpakistan.blogspot.com
                                                                          are available at
                                                                          more report related to sales excellence
                                                                           11
HANDLING OBJECTIONS:




                                                                        12/26/12
   Real Objections: related to company, product, price,
    time and quality..




                                                           www.exportpakistan.blogspot.com
                                                           are available at
                                                           more report related to sales excellence
 Listen to the buyers’ feeling
 Share the concerns without Judgment

 Clarify the real issue with questions

 Present options and solutions

 Ask for action to determine the commitment.



   Pseudo-Objections ???
                                                            12
WHEN CUSTOMERS’ PLAY HARD
BALL….




                                                                  12/26/12
                                                     www.exportpakistan.blogspot.com
                                                     are available at
                                                     more report related to sales excellence
   In sales as in diplomacy , never fear to negotiate
    and never negotiate out of fear…




                                                      13
1.   Knowing your walk away and building the
     variables you can work with:
    Focus on variables – where customer’s interest and




                                                                       12/26/12
     your own have more in common. Find WIN_WIN
     situation.




                                                          www.exportpakistan.blogspot.com
                                                          are available at
                                                          more report related to sales excellence
2.   When under attack , listen:
    No defense, No counter attack- The best response , is
     to keep customer talking, and for two good
     reasons:
    a)New information- increase the room for movement
     and variables
    b)Listening without defending- defuse anger
                                                           14
12/26/12
   3. Keep track of issues requiring discussion:
   it reassure customers that your are serious , concern




                                                        www.exportpakistan.blogspot.com
                                                        are available at
                                                        more report related to sales excellence
    and listening to their arguments.


   4. Assert your company’s needs:
   Too much empathy- too much concessions
   Win-Win


                                                         15
   5. Commit to a solution if it works for both
    parties:




                                                                      12/26/12
   Wrap up issues tentatively- It is difficult to take back
    a concession- ” we agree to do X , provided we can




                                                         www.exportpakistan.blogspot.com
                                                         are available at
                                                         more report related to sales excellence
    come up with a suitable agreement on Y and Z
   6. Save the hardest issues for the last:
   when a lot of points to negotiate- don’t start with the
    toughest.
   1. resolving easier issues first creates momentum,
    confidence and trust on each others.
   2. resolving easier issues may uncover additional
                                                   16
    variables.
12/26/12
   7. Start high and concede slowly:
   customers want return on their negotiation investment – in the




                                                                 www.exportpakistan.blogspot.com
                                                                 are available at
                                                                 more report related to sales excellence
    situation when customer wants to barter, start off with
    something you can afford to loose.
   8. Don’t be trapped by emotional blackmail:
   Two useful techniques- when customer uses anger-wittingly or
    unwittingly as a manipulative tactic
   a. Withdraw: ask for recess, consult with the boss, reschedule
    time and venue can change the entire landscape of a
    negotiation.
   b. listen silently until the tirade is over, than suggest a
                                                               17
    constructive agenda.
SELLING STYLE
C
o
n
c            Low                          High
e




                                                                                         12/26/12
r
n
             1                            4
             C.R = High                   C.R = High




                                                                            www.exportpakistan.blogspot.com
                                                                            are available at
                                                                            more report related to sales excellence
f
             C.S = Low                    C.S = High
o
             -Not forceful                -True Professional
r
      High   - trouble in objection       - Keeps balance between
             handling / Closing           objective of sales interview
R
             -Suitable for after sales    and importance of building
e
                                          customer relationship
l
a
t            2                            3
i            C.R = Low                    C.R = Low
o            C.S = Low                    C.S = High
n            -Not suitable in sales       Controls sales call with little
s     Low
             -Need to be pushed always    concern of customer
h                                         -Not suitable for L.R Sales
i
p
                                                                             18

                      Concern for Sales
NEGOTIATION SKILLS

   Good negotiator -10 leading characteristics :




                                                                      12/26/12
     1. Preparation and planning skills
     2. Knowledge of subject , matter being negotiated




                                                         www.exportpakistan.blogspot.com
                                                         are available at
                                                         more report related to sales excellence
     3. Ability to think clearly and rapidly under pressure
         and uncertainty
     4. Ability to express thoughts verbally
     5. Listening skills
     6. Judgment and general intelligence
     7. Integrity
     8. Ability to persuade / convince others
     9. Patience                                         19

     10. Decisiveness
12/26/12
    “ There are two types of persons in an




                                                www.exportpakistan.blogspot.com
                                                are available at
                                                more report related to sales excellence
    organization; one who works for company ;
    and those who derives it… “



   Happy Selling




                                                 20

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Sales excellence

  • 2. SELLING: 12/26/12  Selling is the process of assisting and/or persuading a prospective customer to buy a commodity or a service or to act favorably on an www.exportpakistan.blogspot.com are available at more report related to sales excellence idea that has commercial significance to the seller.  Final outcome in the form of favorable action. 2
  • 3. BEST SELLERS’ SELLING APPROACH •Satisfied customers base •Long-term business relationships 12/26/12 •Repeat business with your ‘ regular’ customers available at www.exportpakistan.blogspot.com more report related to sales excellence are • Enthusiastic referrals to new prospects 3
  • 4. more report related to sales excellence 12/26/12 are available at www.exportpakistan.blogspot.com 4 People buy for their own reasons, not for yours. 
  • 5. 3PHASES SALES CALL 12/26/12  Phase 1- Getting Information: www.exportpakistan.blogspot.com are available at more report related to sales excellence  Phase 2- Giving Information  Phase 3- Getting Commitment 5
  • 6. PHASE 1: GETTING INFORMATION 12/26/12  Involves learning about you customer’s business to understand her situation www.exportpakistan.blogspot.com are available at more report related to sales excellence - finding out customer’s reason for being interested in doing business with you. This is where every good sales call begins…. 6
  • 7. 12/26/12  Find out the Customer’s real pain.  Learn to ask questions and stop “pitching.” www.exportpakistan.blogspot.com are available at more report related to sales excellence  Teach your sales people the 70/30 rule . . .your Customer should be talking70% of the time and the sales rep should be talking 30% or less. 7
  • 8. PHASE II: GIVING INFORMATION  Involves describing and demonstrating your product/service, but only in relation to the needs 12/26/12 of customer.  Giving him the information he needs to make a www.exportpakistan.blogspot.com are available at more report related to sales excellence sound decision. 8
  • 9. PHASE III : GETTING COMMITMENT 12/26/12  Resolving uncertainties so that the two of you share commitment to the buy/sell process. www.exportpakistan.blogspot.com are available at more report related to sales excellence  No set order to these phases 9
  • 10. more report related to sales excellence 12/26/12 are available at 10 www.exportpakistan.blogspot.com THE INDIVIDUAL DECISION PROCESS: J.P.  Book The Nature of Human Intelligence GUILFORD
  • 11. SALES REPS’ BIGGEST MISTAKES  138 customers, Business-to-business purchases, large North American companies, different industries 12/26/12 www.exportpakistan.blogspot.com are available at more report related to sales excellence 11
  • 12. HANDLING OBJECTIONS: 12/26/12  Real Objections: related to company, product, price, time and quality.. www.exportpakistan.blogspot.com are available at more report related to sales excellence  Listen to the buyers’ feeling  Share the concerns without Judgment  Clarify the real issue with questions  Present options and solutions  Ask for action to determine the commitment.  Pseudo-Objections ??? 12
  • 13. WHEN CUSTOMERS’ PLAY HARD BALL…. 12/26/12 www.exportpakistan.blogspot.com are available at more report related to sales excellence  In sales as in diplomacy , never fear to negotiate and never negotiate out of fear… 13
  • 14. 1. Knowing your walk away and building the variables you can work with:  Focus on variables – where customer’s interest and 12/26/12 your own have more in common. Find WIN_WIN situation. www.exportpakistan.blogspot.com are available at more report related to sales excellence 2. When under attack , listen:  No defense, No counter attack- The best response , is to keep customer talking, and for two good reasons:  a)New information- increase the room for movement and variables  b)Listening without defending- defuse anger 14
  • 15. 12/26/12  3. Keep track of issues requiring discussion:  it reassure customers that your are serious , concern www.exportpakistan.blogspot.com are available at more report related to sales excellence and listening to their arguments.  4. Assert your company’s needs:  Too much empathy- too much concessions  Win-Win 15
  • 16. 5. Commit to a solution if it works for both parties: 12/26/12  Wrap up issues tentatively- It is difficult to take back a concession- ” we agree to do X , provided we can www.exportpakistan.blogspot.com are available at more report related to sales excellence come up with a suitable agreement on Y and Z  6. Save the hardest issues for the last:  when a lot of points to negotiate- don’t start with the toughest.  1. resolving easier issues first creates momentum, confidence and trust on each others.  2. resolving easier issues may uncover additional 16 variables.
  • 17. 12/26/12  7. Start high and concede slowly:  customers want return on their negotiation investment – in the www.exportpakistan.blogspot.com are available at more report related to sales excellence situation when customer wants to barter, start off with something you can afford to loose.  8. Don’t be trapped by emotional blackmail:  Two useful techniques- when customer uses anger-wittingly or unwittingly as a manipulative tactic  a. Withdraw: ask for recess, consult with the boss, reschedule time and venue can change the entire landscape of a negotiation.  b. listen silently until the tirade is over, than suggest a 17 constructive agenda.
  • 18. SELLING STYLE C o n c Low High e 12/26/12 r n 1 4 C.R = High C.R = High www.exportpakistan.blogspot.com are available at more report related to sales excellence f C.S = Low C.S = High o -Not forceful -True Professional r High - trouble in objection - Keeps balance between handling / Closing objective of sales interview R -Suitable for after sales and importance of building e customer relationship l a t 2 3 i C.R = Low C.R = Low o C.S = Low C.S = High n -Not suitable in sales Controls sales call with little s Low -Need to be pushed always concern of customer h -Not suitable for L.R Sales i p 18 Concern for Sales
  • 19. NEGOTIATION SKILLS  Good negotiator -10 leading characteristics : 12/26/12 1. Preparation and planning skills 2. Knowledge of subject , matter being negotiated www.exportpakistan.blogspot.com are available at more report related to sales excellence 3. Ability to think clearly and rapidly under pressure and uncertainty 4. Ability to express thoughts verbally 5. Listening skills 6. Judgment and general intelligence 7. Integrity 8. Ability to persuade / convince others 9. Patience 19 10. Decisiveness
  • 20. 12/26/12 “ There are two types of persons in an www.exportpakistan.blogspot.com are available at more report related to sales excellence organization; one who works for company ; and those who derives it… “  Happy Selling 20

Editor's Notes

  1. Cognition Thinking : In decision making you try to understand situation first. All your senses come into play, bringing raw information into brain. Cognition is a process by which the raw information is given sense and structure; it’s a mental picture of what you are facing.. If you could record this process , cognition would sound like “ what…?, How much..? Where..? When..? Why..? Without clear understanding of a situation, you are like a person locked in a dark room. Cognition thinking is turning light on: it won’t solve any problem by itself, any more than turning on an electric light will unlock a door. It will perform first step of letting you see where you are Divergent Thinking: In divergent thinking decision maker consider variety of solutions that might address his particular needs. It sounds like : How about …?, What if..? , What could …?, Lets consider… Convergent Thinking : Select the best from available options/ Solutions. Three thinking processes are interrelated like sub-programmes of a computer programme.