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Pyrametrics
Innovative Selling - Unparalleled Success




           healthcommstrategies.com   copyright 2012, all rights reserved   1
Pyrametrics


"An analytical, process-based approach to
 selling that focuses on understanding the
  specifics of customer behavior and then
  uses that knowledge to leverage future
                   activity."




             healthcommstrategies.com   copyright 2012, all rights reserved   2
Pyrametrics
"What is past is prologue."           William Shakespeare




                           Understanding why a
                           customer purchases
                           is infinitely more
                           valuable than simply
                           knowing that he has
                           purchased.




       healthcommstrategies.com   copyright 2012, all rights reserved   3
Pyrametrics

Understanding Pyrametrics begins with recognition
                 of the following:

 People buy from those they know, like and trust.
 Establishing a favorable relationship with the customer is
  the foundation for all future success within that account.
 The actions of the sales representative determine what
  type of relationship eventually evolves within the
  account.
 Optimal sales representative performance (knowing how
  to build relationships) is therefore critical for success.

                    healthcommstrategies.com   copyright 2012, all rights reserved   4
Pyrametrics
    People buy from those they know, like and trust...

• Building the foundation starts BEFORE the first
  sales call.
• CONFIDENCE is gained by taking the time to
  learn about the customer in advance of the first
  meeting.
• RESPECT is shown by aligning your interests
  with those of your customers.
• TRUST is earned through keeping your word.
• FRIENDSHIP is attained by doing all the above.
• Sales success is a BYPRODUCT of strong
  relationships.
                  healthcommstrategies.com   copyright 2012, all rights reserved   5
Pyrametrics
                   Relationship Building

• Relationships begin with finding COMMON
  Ground
• C-H-E-W your way in...
  –   Children
  –   Hobbies
  –   Education
  –   Wife (spouse/S.O.)
• Starting points for most new relationships
• DIFFERENTIATION results from shared
  experiences
• Success is built on favorable differentiation
                   healthcommstrategies.com   copyright 2012, all rights reserved   6
Pyrametrics
      Optimal sales rep performance is critical to success
•   The Sales Representative is the FIRST exposure most customers have to
    the company/products. Therefore...
•   The Sales Representative MUST:
     –   Truly care about forming relationships
     –   Be persistent
     –   Thrive on challenges
     –   Exude confidence
     –   Relish interaction & dialogue and advance them
     –   Get a charge from winning
     –   Demonstrate independence
     –   Command & demonstrate respect
     –   Know their customers well
     –   Exhibit honesty & integrity in all things
•   Metrics MUST be in place to insure all the above.
•   A lack of any of the above will invite failure.
•   Management is compelled to foster and retain these skills in their sales
    force.

                                healthcommstrategies.com   copyright 2012, all rights reserved   7
Pyrametrics & The SALEs Process

• The SALEs Process
  – SURVEY
  – ALIGN
  – LEVERAGE
  – EXTEND


• A simple mnemonic that packs a punch



               healthcommstrategies.com   copyright 2012, all rights reserved   8
Pyrametrics & The SALEs Process

• Survey
  – Extensive pre-call preparation
  – Due diligence
  – Learn as much as possible BEFORE the initial
    meeting
  – Never make an "Introductory Call - waste of time
  – Each call should have an objective that is pre-
    determined




                  healthcommstrategies.com   copyright 2012, all rights reserved   9
Pyrametrics & The SALEs Process


• ALIGN
  –   Establish the foundation for the future relationship
  –   It begins with homework (SURVEY)
  –   Then - formulate the initial impression
  –   Then - find common ground (CHEW)
  –   Next - construct customer profile
  –   Finally - Align message to person
  –   Advance to product phase (LEVERAGE)




                    healthcommstrategies.com   copyright 2012, all rights reserved 10
Pyrametrics & The SALEs Process


• LEVERAGE
  – Position products/services to advance the relationship
  – The customer has problems - offer solutions
  – Use all resources available to reinforce message
     • Collaterals
     • Management team
     • Factory support
     • Experts & consultants
     • Thought leaders




                  healthcommstrategies.com   copyright 2012, all rights reserved 11
Pyrametrics & The SALEs Process
            The effective use of collaterals

• Data from political campaigns show that voters
  require 13 contacts (on average) to recall a
  candidate.
• As with politics, sales too, is a message-
  dependent activity.
• An aggressive collateral program is essential for
  success and should be implemented.
• Various methods - email, calls, data sheets,
  webinars, personal visits, white papers, etc.
• A successful collateral campaign requires
  creative & frequent use of all modalities.

                 healthcommstrategies.com   copyright 2012, all rights reserved 12
Pyrametrics & The SALEs Process

• EXTEND
 –   Ask for the order
 –   Advance the process to the next level
 –   Obtain a commitment
 –   Further the agenda
 –   New business referrals
 –   Testimonials
 –   Start anew and apply the SALEs Process again




                  healthcommstrategies.com   copyright 2012, all rights reserved 13
Applied Pyrametrics
                          Direct Demand

          Understanding Pyrametrics begins with the pyramid.

Level 3

Level 2

Level 1


Level 1 - Differentiating yourself

Level 2 - Differentiating your company

Level 3 - Differentiating your product



                         healthcommstrategies.com   copyright 2012, all rights reserved 14
Applied Pyrametrics


• Once differentiation
  has occurred at the
  individual level the
  relationship can then
  be leveraged to
  differentiate the
  company and finally
  the product/service.


                healthcommstrategies.com   copyright 2012, all rights reserved 15

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Pyrametrics: Innovative Selling, Unparalleled Success

  • 1. Pyrametrics Innovative Selling - Unparalleled Success healthcommstrategies.com copyright 2012, all rights reserved 1
  • 2. Pyrametrics "An analytical, process-based approach to selling that focuses on understanding the specifics of customer behavior and then uses that knowledge to leverage future activity." healthcommstrategies.com copyright 2012, all rights reserved 2
  • 3. Pyrametrics "What is past is prologue." William Shakespeare Understanding why a customer purchases is infinitely more valuable than simply knowing that he has purchased. healthcommstrategies.com copyright 2012, all rights reserved 3
  • 4. Pyrametrics Understanding Pyrametrics begins with recognition of the following:  People buy from those they know, like and trust.  Establishing a favorable relationship with the customer is the foundation for all future success within that account.  The actions of the sales representative determine what type of relationship eventually evolves within the account.  Optimal sales representative performance (knowing how to build relationships) is therefore critical for success. healthcommstrategies.com copyright 2012, all rights reserved 4
  • 5. Pyrametrics People buy from those they know, like and trust... • Building the foundation starts BEFORE the first sales call. • CONFIDENCE is gained by taking the time to learn about the customer in advance of the first meeting. • RESPECT is shown by aligning your interests with those of your customers. • TRUST is earned through keeping your word. • FRIENDSHIP is attained by doing all the above. • Sales success is a BYPRODUCT of strong relationships. healthcommstrategies.com copyright 2012, all rights reserved 5
  • 6. Pyrametrics Relationship Building • Relationships begin with finding COMMON Ground • C-H-E-W your way in... – Children – Hobbies – Education – Wife (spouse/S.O.) • Starting points for most new relationships • DIFFERENTIATION results from shared experiences • Success is built on favorable differentiation healthcommstrategies.com copyright 2012, all rights reserved 6
  • 7. Pyrametrics Optimal sales rep performance is critical to success • The Sales Representative is the FIRST exposure most customers have to the company/products. Therefore... • The Sales Representative MUST: – Truly care about forming relationships – Be persistent – Thrive on challenges – Exude confidence – Relish interaction & dialogue and advance them – Get a charge from winning – Demonstrate independence – Command & demonstrate respect – Know their customers well – Exhibit honesty & integrity in all things • Metrics MUST be in place to insure all the above. • A lack of any of the above will invite failure. • Management is compelled to foster and retain these skills in their sales force. healthcommstrategies.com copyright 2012, all rights reserved 7
  • 8. Pyrametrics & The SALEs Process • The SALEs Process – SURVEY – ALIGN – LEVERAGE – EXTEND • A simple mnemonic that packs a punch healthcommstrategies.com copyright 2012, all rights reserved 8
  • 9. Pyrametrics & The SALEs Process • Survey – Extensive pre-call preparation – Due diligence – Learn as much as possible BEFORE the initial meeting – Never make an "Introductory Call - waste of time – Each call should have an objective that is pre- determined healthcommstrategies.com copyright 2012, all rights reserved 9
  • 10. Pyrametrics & The SALEs Process • ALIGN – Establish the foundation for the future relationship – It begins with homework (SURVEY) – Then - formulate the initial impression – Then - find common ground (CHEW) – Next - construct customer profile – Finally - Align message to person – Advance to product phase (LEVERAGE) healthcommstrategies.com copyright 2012, all rights reserved 10
  • 11. Pyrametrics & The SALEs Process • LEVERAGE – Position products/services to advance the relationship – The customer has problems - offer solutions – Use all resources available to reinforce message • Collaterals • Management team • Factory support • Experts & consultants • Thought leaders healthcommstrategies.com copyright 2012, all rights reserved 11
  • 12. Pyrametrics & The SALEs Process The effective use of collaterals • Data from political campaigns show that voters require 13 contacts (on average) to recall a candidate. • As with politics, sales too, is a message- dependent activity. • An aggressive collateral program is essential for success and should be implemented. • Various methods - email, calls, data sheets, webinars, personal visits, white papers, etc. • A successful collateral campaign requires creative & frequent use of all modalities. healthcommstrategies.com copyright 2012, all rights reserved 12
  • 13. Pyrametrics & The SALEs Process • EXTEND – Ask for the order – Advance the process to the next level – Obtain a commitment – Further the agenda – New business referrals – Testimonials – Start anew and apply the SALEs Process again healthcommstrategies.com copyright 2012, all rights reserved 13
  • 14. Applied Pyrametrics Direct Demand Understanding Pyrametrics begins with the pyramid. Level 3 Level 2 Level 1 Level 1 - Differentiating yourself Level 2 - Differentiating your company Level 3 - Differentiating your product healthcommstrategies.com copyright 2012, all rights reserved 14
  • 15. Applied Pyrametrics • Once differentiation has occurred at the individual level the relationship can then be leveraged to differentiate the company and finally the product/service. healthcommstrategies.com copyright 2012, all rights reserved 15