© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
KUKRI
Presented By
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Let’s Know Each Other……
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
I am …..
Fabulous Flags
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
KUKRI
Kukri is an acronym which captures the essential qualities –
both hard skills and soft skills – that a successful salesman
should have.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
• K – Killer Instinct
• U – Understanding the business ecosystem (distributors, hospitals, doctors etc)
• K – Knowledge of own product and that of competition (in generic formulations)
• R – Relationship with the stake holders
• I – Invoke a close/commitment with every call.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
IMPORTANT QUALITY A SALESMAN SHOULD POSSESS…..
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Expectation
Mapping
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Objectives
Facilitation of inclusive sales
growth with the instinct of a
predator needs three “T”s
Training, Tool and Target.
This program, named “Kukri”,
provides you with the first two
“T”s and helps them to identify
the third “T” using the first two
“T”s.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
SALESMANPart 1 of 3: Being Trustworthy
1. Put the distributor first.
2. Empathize.
3. Be an expert in your field.
4. Follow up.
5. Grooming
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Part 2 of 3: Being Assertive
1. Anticipate objections.
2. Be Logical
3. Ask for the sale
4. Increase your units per
transaction.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Part 3 of 3: Staying Optimistic
1. Forget bad sales.
2. Stay focused on your own sales.
3. Keep busy.
4. Blame nobody.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
One more important quality…..
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Dice Exercise
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Mediocre Salespeople
•They skip around in their Territory
•They change-up their selling technique
•They allow themselves to be overwhelmed
•They start to question their purpose
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Environment
(Fit)
AttitudesBehavior
Skills
The DNA of a
Sales
Superstar
B.A.S.E.
The Sales
Quotient
The DNA of a Sales Superstar
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Behavior
• Goals
• Goals Plan
• Tracking System
• Forecasting Accuracy
• Prospecting Discipline
• Focus & Follow-Up
• Paperwork
• Work Ethic
• Time & Workspace Management
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Attitudes
• Desire/Passion
• Commitment
• Accountability/No Excuses
• Outlook/Self-Esteem
• Controls Emotional Involvement
• No Need for Approval/Bravery
• Supportive Beliefs
• High Adversity Quotient
• Killer Instinct
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Skills
• Asking Potent Questions
• Effective Listening Skills
• Early Bonding &
Rapport/Relationship Building
• Creates & Cultivates Referral
Relationships
• Reaches Decision Makers
• Learns Why Prospects Buy
• Get Commitments/Decisions
• Uncovers Actual Budgets
• Qualifies Proposals/Quotes
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Environment (Fit)
• Experience
• Competition
• Pricing
• Hunting vs. Farming
• Appearance
• Management Style Match
• Cultural/Values Match
• Customer Development Model
• Method of Compensation
• Product Knowledge
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Mediocre
Salespeople Super
Salespeople
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
You can make
the difference...
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
What is your mindset?
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Mindset…..
13 simple rules to create a superstar sales mindset.
1. Stay hungry.
2. Never compromise your integrity.
3. Stay positive.
4. Be authoritative.
5. Get prepared.
6. Mind your reputation.
7. Be genuine.
8. Put your best foot forward.
9. Set goals.
10. Become a customer-service fanatic.
11. Keep it all in perspective.
12. Develop a thirst for self-improvement.
13. Creating need for distributor.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Do you need to change?
• It may be scary, but, review the steps
to change.
• Keep trying & remember it’s all in your
head.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
VALUE
DELIVERER
VALUE
SELLER
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Role Play
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Company
Distributor s
Market Feedback
to Company
Opportunistic
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Three Moments of Truth
The Role of Emotion in
Selling
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
WHAT MAKES A GREAT PROMISE?
• Relevant
• Competitive
• Authentic
• Simple & Clear
• Benefit Focused
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
TO SELL YOU MUST ADD VALUE
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
How to Apply Emotion Yourself
•Change volume, pitch, pace, intonation accordingly.
•Make sure your body is in sync with your voice.
• If you pause to show sadness, make sure you stand still.
• Utilize facial gestures while conveying emotion.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
EMOTIONAL INFLUENCE
What tactics can individuals use to influence other’s feelings?
•Ingratiation
•Comparisons
•Force
•Logic
•Humor
•Social support
•Emotional display
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
WEDDING PHOTO ALBUM
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Facts tell, Emotions Sell
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Can Sell Vs. Will Sell
Can Sell
Won’t Sell
B
B: Can Sell - Won’t Sell
Cannot Sell
Won’t Sell
D
D: Cannot Sell - Won’t Sell
Cannot Sell
Will Sell
C
C: Cannot Sell - Will Sell
Can Sell
Will Sell
A
A: Can Sell - Will Sell
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Method 1 of 5: Showing Enthusiasm for the Product
1. Love what you're doing when you're selling a product.2. Be knowledgeable about the product.3. Help the customer see the perks4. Ensure that the product has been adequately explained.5. Make the features, advantages & benefits of
product loud & clear.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Method 2 of 5: Connecting with the Distributor
1. Understand the motivations of the buyer.2. Know how to open with a distributor3. Convert the distributor's motivations into the
product's characteristics
4. Understand all the aspects that feed into the end
sale of a product5. Be honest.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Method 3 of 5: Closing the Sale
1. Close the sale.2. Be prepared to give customers time to consider
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Method 4 of 5: Improving Sales
1. Spread your product information2. Get creative.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Method 5 of 5: Troubleshooting Poor Sales
1. Review.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
K- Developing a "Killer" Instinct
Some general perspectives that they usually possess.
1. Competitive and determined to be more successful than anyone else.
2. They know their competition's specific strengths and shortcomings.
3. They pick powerhouse salespeople in other related fields with the same customers to exchange leads.
4. They have a strong and specific campaign effort with a well policed database to support their efforts.
5. They look for opportunities to market themselves.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
6. "They fake it until they make it"! Always exude self-confidence and meet everyone you can.
7. They are constantly resourcing themselves. Learning about professional sales never stops! Read,
Listen, etc.
8. They are constantly looking for ways to differentiate themselves from everyone else.
9. They utilize a personal profile in every presentation - people buy people - sell yourself!.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
10. They read newspapers, industry journals, & business journals / magazines for leads and
awareness of what's going on around them!.
11. They establish specific goals, short term & long term, and measure their performance
constantly.
12. They understand "it's not who you know, but who knows you" that matters. Promote yourself!.
13. They educate themselves about their potential customers business and specifics, size, etc.
14. They are intense about pre-call planning & after the call post-mortems.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
U- UNDERSTAND THE BUSINESS ECOSYSTEM
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
K- Knowledge of own product and that of competitors
•Who are your competitors?
•What you need to know about your competitors?
•Learning about your competitors.
•Hearing about your competitors.
•How to act on the competitor information you get?
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
WHO ARE YOUR COMPETITORS?
Don't just research what's already out there. You also need to be constantly
on the lookout for possible new competition.
You can get clues to the existence of competitors from:
•local business directories
•your local Chamber of Commerce
•advertising
•press reports
•exhibitions and trade fairs
•questionnaires
•searching on the Internet for similar products or services
•information provided by customers
•flyers and marketing literature that have been sent to you - quite common if
you're on a bought-in marketing list
•searching for existing patented products that are
similar to yours
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
WHAT YOU NEED TO KNOW ABOUT YOUR COMPETITORS?
Monitor the way your competitors do business.
•Products or services they provide and how they market.
•Prices.
•Distribution & Delivery.
•Brand and design values.
•Innovation.
•Staff numbers and the calibre of staff that they attract.
•Technology -aware and offer a website and email.
•Who owns the business and what sort of person they are.
•Annual report - if they're a public company.
•Media activities - check their website as well as local newspapers, radio, television and any outdoor advertising.
How they treat their customers
What they're planning to do
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
LEARNING ABOUT YOUR COMPETITORS
Are they getting more publicity than you, perhaps through networking or sponsoring events?
Websites can give you good tips on what businesses around the globe are doing in your industry
sector.
HEARING ABOUT YOUR COMPETITORS
Speak to your competitors. Phone them to ask for a copy of their brochure or get one of your staff
or a friend to drop by and pick up their marketing literature.
It's also likely you'll meet competitors at social and business events. Talk to them. Be friendly -
they're competitors not enemies. You'll get a better idea of them - and you might need each other
one day, for example in collaborating to grow a new market for a new product.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
HOW TO ACT ON THE COMPETITOR INFORMATION YOU GET?
Draw up a list of everything that you've found out about your competitors, however small.
Put the information into three categories:
What you can learn from and do better?
What they're doing worse than you?
What they're doing the same as you?
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
R- Relationship with Various Stakeholders
The key to building a strong stakeholder relationship is communicating effectively with all stakeholders.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Strengthening stakeholder relationships
•ASSESS THE STRENGTH OF THE RELATIONSHIP.
•BUILD STAKEHOLDERS TRUST IN THE ORGANIZATION .
•PAY ATTENTION AND RESPOND TO WHAT STAKEHOLDERS SAY AND DO.
•DEMONSTRATE COMMITMENT TO STAKEHOLDERS.
•SATISFY STAKEHOLDERS.
• MOVE BEYOND AN EXCHANGE RELATIONSHIP TO A COMMUNAL RELATIONSHIP.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
I – Invoke a close/commitment with every call
There are three reasons why salespeople don't Ask for Commitment.
•They don't plan for it. They fail to set a Commitment Objective.
•They miss Buying Signals that tell them when to ask.
•They don't have a procedure for it.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
In sales we need to fan the flames of the sale and move it forward with
small, yet treasured moments of commitment.
How do we gain these moments of commitment?
1) Commitment from the sales person to the next action.
2) Getting customer commitment to a specific course of action.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
4 Ways To Be The Predator In The Sales— Not The Prey
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
4 Ways To Be The Predator In The Sales— Not The Prey
The predator’s eyes is located on the front of its skull, and it sees
with incredible clarity, especially in the dark. Once it locks its
eyesight on its next victim, it won’t lose sight until it strikes.
The prey’s eyes is never located on the front of its skull — only on
the side. It doesn’t have vision — only sight. It lives in fear, ready to
run at the slightest sign of trouble. Success for the prey is just to live
another day. Success for a predator is a winning strike and a
celebratory meal.
They both can see, but only the predator has vision, while the prey
simply has sight.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Four ways to become a predator.
•Set a vision for your professional career and company, and set annual goals that get you to your
vision.
•Don’t worry about the market — stay aggressive and focused on your goals. Stay optimistic.
•Stay hungry. A predator’s hunger and fear of starvation is what fuels its passion to hunt. A
predator’s fear of failure becomes its drive toward success. The prey is afraid to die, and that fear
leaves it paralyzed and increases the chances that it will die.
•Make sure that each kill, or sale, you make builds confidence for the next one.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
SALES BURNOUT
An extended period of time where someone experiences exhaustion and a lack of interest in
sales, resulting in a decline in their job performance.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Sales rep burnout can be caused by any number of factors:
•Every sales conversation or review focuses solely on numbers — getting prospects to buy,
closing deals, filling the pipeline, etc.
•Customer needs and exciting new initiatives are tossed aside as reps scramble to hit quota.
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
Avoid Sales Burnout
1. Build a Culture of Learning and Teaching
2. Put the Customer’s Needs Front and Center
3. Set Aside Time for Feedback and Idea Sharing
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
And the learning Continues…..
© Eka Academy Pvt Ltd. www.ekaacademy.inKUKRI
www.ekaacademy.in
https://www.facebook.com/Eka.the.academy

Kukri - Unique Selling training program

  • 1.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI KUKRI Presented By
  • 2.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Let’s Know Each Other……
  • 3.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI I am ….. Fabulous Flags
  • 4.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI KUKRI Kukri is an acronym which captures the essential qualities – both hard skills and soft skills – that a successful salesman should have.
  • 5.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI • K – Killer Instinct • U – Understanding the business ecosystem (distributors, hospitals, doctors etc) • K – Knowledge of own product and that of competition (in generic formulations) • R – Relationship with the stake holders • I – Invoke a close/commitment with every call.
  • 6.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI IMPORTANT QUALITY A SALESMAN SHOULD POSSESS…..
  • 7.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Expectation Mapping
  • 8.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Objectives Facilitation of inclusive sales growth with the instinct of a predator needs three “T”s Training, Tool and Target. This program, named “Kukri”, provides you with the first two “T”s and helps them to identify the third “T” using the first two “T”s.
  • 9.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI SALESMANPart 1 of 3: Being Trustworthy 1. Put the distributor first. 2. Empathize. 3. Be an expert in your field. 4. Follow up. 5. Grooming
  • 10.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Part 2 of 3: Being Assertive 1. Anticipate objections. 2. Be Logical 3. Ask for the sale 4. Increase your units per transaction.
  • 11.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Part 3 of 3: Staying Optimistic 1. Forget bad sales. 2. Stay focused on your own sales. 3. Keep busy. 4. Blame nobody.
  • 12.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI One more important quality…..
  • 13.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Dice Exercise
  • 14.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Mediocre Salespeople •They skip around in their Territory •They change-up their selling technique •They allow themselves to be overwhelmed •They start to question their purpose
  • 15.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Environment (Fit) AttitudesBehavior Skills The DNA of a Sales Superstar B.A.S.E. The Sales Quotient The DNA of a Sales Superstar
  • 16.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Behavior • Goals • Goals Plan • Tracking System • Forecasting Accuracy • Prospecting Discipline • Focus & Follow-Up • Paperwork • Work Ethic • Time & Workspace Management
  • 17.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Attitudes • Desire/Passion • Commitment • Accountability/No Excuses • Outlook/Self-Esteem • Controls Emotional Involvement • No Need for Approval/Bravery • Supportive Beliefs • High Adversity Quotient • Killer Instinct
  • 18.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Skills • Asking Potent Questions • Effective Listening Skills • Early Bonding & Rapport/Relationship Building • Creates & Cultivates Referral Relationships • Reaches Decision Makers • Learns Why Prospects Buy • Get Commitments/Decisions • Uncovers Actual Budgets • Qualifies Proposals/Quotes
  • 19.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Environment (Fit) • Experience • Competition • Pricing • Hunting vs. Farming • Appearance • Management Style Match • Cultural/Values Match • Customer Development Model • Method of Compensation • Product Knowledge
  • 20.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Mediocre Salespeople Super Salespeople
  • 21.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI You can make the difference...
  • 22.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI What is your mindset?
  • 23.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Mindset….. 13 simple rules to create a superstar sales mindset. 1. Stay hungry. 2. Never compromise your integrity. 3. Stay positive. 4. Be authoritative. 5. Get prepared. 6. Mind your reputation. 7. Be genuine. 8. Put your best foot forward. 9. Set goals. 10. Become a customer-service fanatic. 11. Keep it all in perspective. 12. Develop a thirst for self-improvement. 13. Creating need for distributor.
  • 24.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Do you need to change? • It may be scary, but, review the steps to change. • Keep trying & remember it’s all in your head.
  • 25.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI
  • 26.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI VALUE DELIVERER VALUE SELLER
  • 27.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI
  • 28.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Role Play
  • 29.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Company Distributor s Market Feedback to Company Opportunistic
  • 30.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Three Moments of Truth The Role of Emotion in Selling
  • 31.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI WHAT MAKES A GREAT PROMISE? • Relevant • Competitive • Authentic • Simple & Clear • Benefit Focused
  • 32.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI TO SELL YOU MUST ADD VALUE
  • 33.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI How to Apply Emotion Yourself •Change volume, pitch, pace, intonation accordingly. •Make sure your body is in sync with your voice. • If you pause to show sadness, make sure you stand still. • Utilize facial gestures while conveying emotion.
  • 34.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI EMOTIONAL INFLUENCE What tactics can individuals use to influence other’s feelings? •Ingratiation •Comparisons •Force •Logic •Humor •Social support •Emotional display
  • 35.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI WEDDING PHOTO ALBUM
  • 36.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Facts tell, Emotions Sell
  • 37.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Can Sell Vs. Will Sell Can Sell Won’t Sell B B: Can Sell - Won’t Sell Cannot Sell Won’t Sell D D: Cannot Sell - Won’t Sell Cannot Sell Will Sell C C: Cannot Sell - Will Sell Can Sell Will Sell A A: Can Sell - Will Sell
  • 38.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Method 1 of 5: Showing Enthusiasm for the Product 1. Love what you're doing when you're selling a product.2. Be knowledgeable about the product.3. Help the customer see the perks4. Ensure that the product has been adequately explained.5. Make the features, advantages & benefits of product loud & clear.
  • 39.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Method 2 of 5: Connecting with the Distributor 1. Understand the motivations of the buyer.2. Know how to open with a distributor3. Convert the distributor's motivations into the product's characteristics 4. Understand all the aspects that feed into the end sale of a product5. Be honest.
  • 40.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Method 3 of 5: Closing the Sale 1. Close the sale.2. Be prepared to give customers time to consider
  • 41.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Method 4 of 5: Improving Sales 1. Spread your product information2. Get creative.
  • 42.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Method 5 of 5: Troubleshooting Poor Sales 1. Review.
  • 43.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI K- Developing a "Killer" Instinct Some general perspectives that they usually possess. 1. Competitive and determined to be more successful than anyone else. 2. They know their competition's specific strengths and shortcomings. 3. They pick powerhouse salespeople in other related fields with the same customers to exchange leads. 4. They have a strong and specific campaign effort with a well policed database to support their efforts. 5. They look for opportunities to market themselves.
  • 44.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI 6. "They fake it until they make it"! Always exude self-confidence and meet everyone you can. 7. They are constantly resourcing themselves. Learning about professional sales never stops! Read, Listen, etc. 8. They are constantly looking for ways to differentiate themselves from everyone else. 9. They utilize a personal profile in every presentation - people buy people - sell yourself!.
  • 45.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI 10. They read newspapers, industry journals, & business journals / magazines for leads and awareness of what's going on around them!. 11. They establish specific goals, short term & long term, and measure their performance constantly. 12. They understand "it's not who you know, but who knows you" that matters. Promote yourself!. 13. They educate themselves about their potential customers business and specifics, size, etc. 14. They are intense about pre-call planning & after the call post-mortems.
  • 46.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI U- UNDERSTAND THE BUSINESS ECOSYSTEM
  • 47.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI K- Knowledge of own product and that of competitors •Who are your competitors? •What you need to know about your competitors? •Learning about your competitors. •Hearing about your competitors. •How to act on the competitor information you get?
  • 48.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI WHO ARE YOUR COMPETITORS? Don't just research what's already out there. You also need to be constantly on the lookout for possible new competition. You can get clues to the existence of competitors from: •local business directories •your local Chamber of Commerce •advertising •press reports •exhibitions and trade fairs •questionnaires •searching on the Internet for similar products or services •information provided by customers •flyers and marketing literature that have been sent to you - quite common if you're on a bought-in marketing list •searching for existing patented products that are similar to yours
  • 49.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI WHAT YOU NEED TO KNOW ABOUT YOUR COMPETITORS? Monitor the way your competitors do business. •Products or services they provide and how they market. •Prices. •Distribution & Delivery. •Brand and design values. •Innovation. •Staff numbers and the calibre of staff that they attract. •Technology -aware and offer a website and email. •Who owns the business and what sort of person they are. •Annual report - if they're a public company. •Media activities - check their website as well as local newspapers, radio, television and any outdoor advertising. How they treat their customers What they're planning to do
  • 50.
    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI LEARNING ABOUT YOUR COMPETITORS Are they getting more publicity than you, perhaps through networking or sponsoring events? Websites can give you good tips on what businesses around the globe are doing in your industry sector. HEARING ABOUT YOUR COMPETITORS Speak to your competitors. Phone them to ask for a copy of their brochure or get one of your staff or a friend to drop by and pick up their marketing literature. It's also likely you'll meet competitors at social and business events. Talk to them. Be friendly - they're competitors not enemies. You'll get a better idea of them - and you might need each other one day, for example in collaborating to grow a new market for a new product.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI HOW TO ACT ON THE COMPETITOR INFORMATION YOU GET? Draw up a list of everything that you've found out about your competitors, however small. Put the information into three categories: What you can learn from and do better? What they're doing worse than you? What they're doing the same as you?
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI R- Relationship with Various Stakeholders The key to building a strong stakeholder relationship is communicating effectively with all stakeholders.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Strengthening stakeholder relationships •ASSESS THE STRENGTH OF THE RELATIONSHIP. •BUILD STAKEHOLDERS TRUST IN THE ORGANIZATION . •PAY ATTENTION AND RESPOND TO WHAT STAKEHOLDERS SAY AND DO. •DEMONSTRATE COMMITMENT TO STAKEHOLDERS. •SATISFY STAKEHOLDERS. • MOVE BEYOND AN EXCHANGE RELATIONSHIP TO A COMMUNAL RELATIONSHIP.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI I – Invoke a close/commitment with every call There are three reasons why salespeople don't Ask for Commitment. •They don't plan for it. They fail to set a Commitment Objective. •They miss Buying Signals that tell them when to ask. •They don't have a procedure for it.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI In sales we need to fan the flames of the sale and move it forward with small, yet treasured moments of commitment. How do we gain these moments of commitment? 1) Commitment from the sales person to the next action. 2) Getting customer commitment to a specific course of action.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI 4 Ways To Be The Predator In The Sales— Not The Prey
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI 4 Ways To Be The Predator In The Sales— Not The Prey The predator’s eyes is located on the front of its skull, and it sees with incredible clarity, especially in the dark. Once it locks its eyesight on its next victim, it won’t lose sight until it strikes. The prey’s eyes is never located on the front of its skull — only on the side. It doesn’t have vision — only sight. It lives in fear, ready to run at the slightest sign of trouble. Success for the prey is just to live another day. Success for a predator is a winning strike and a celebratory meal. They both can see, but only the predator has vision, while the prey simply has sight.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Four ways to become a predator. •Set a vision for your professional career and company, and set annual goals that get you to your vision. •Don’t worry about the market — stay aggressive and focused on your goals. Stay optimistic. •Stay hungry. A predator’s hunger and fear of starvation is what fuels its passion to hunt. A predator’s fear of failure becomes its drive toward success. The prey is afraid to die, and that fear leaves it paralyzed and increases the chances that it will die. •Make sure that each kill, or sale, you make builds confidence for the next one.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI SALES BURNOUT An extended period of time where someone experiences exhaustion and a lack of interest in sales, resulting in a decline in their job performance.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Sales rep burnout can be caused by any number of factors: •Every sales conversation or review focuses solely on numbers — getting prospects to buy, closing deals, filling the pipeline, etc. •Customer needs and exciting new initiatives are tossed aside as reps scramble to hit quota.
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI Avoid Sales Burnout 1. Build a Culture of Learning and Teaching 2. Put the Customer’s Needs Front and Center 3. Set Aside Time for Feedback and Idea Sharing
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI And the learning Continues…..
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    © Eka AcademyPvt Ltd. www.ekaacademy.inKUKRI www.ekaacademy.in https://www.facebook.com/Eka.the.academy