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• Buyers (decision makers, not purchasing ) of complex
services and products today are wiser and smarter than ever
before.
• Gone are the days of product pushing, old sales techniques
and not connecting at a high level with the buyers.
• What do buyers really want?




                                                               2
Buyers are wiser
• More technically and product astute, thanks to the internet and
other means of communication/collaboration
• Many buyers recognise the motives of sellers. Smarter and more
experienced.
• Sellers are typically seen as
       • Short term focused- desperate for numbers
       • Utilizing “slash and burn” techniques- ABC
       • Product focused (and not client focused)
       • Overly automated and under personalized- sales process
       • Sellers don't really understand buyers – and don’t take the
       time to understand them




                                                                       3
How does the buyer buy
    • Screening (rational and linear)
          • Most salespeople focus here- features and price
             oriented
    • Selection (non-rational and personal) The buyer focuses on
       the actual seller for expertise and a trusted relationship
    • Trust-building is often neglected in most sales processes-
       focusing on rational side more




                                                                    4
There are 4 concerns/motivators…
•Buyers want the first or second and occasionally the third.
     •They want to keep it rational- to be tough.
• Most sales programmes/processes focus on levels two and three-
focusing on identifying the buyers’ needs through consultative selling.

• What do buyers REALLY want?

• Levels one through three are rational and impersonal. The fourth
level, a person we can trust , is far more powerful.

Trusted relationships are what buyers really want,
but how will you build trusted relationships?

First lets understand the basics.



                                                                          5
What is Trust?
      o Put in context- I am a salesperson and you are the client and I want to
        build a trusted relationship with you
      o To trust verb
      o Trust noun
      o Trustworthiness noun
      o We will be focusing on trustworthiness

      o To trust someone is to take a risk. There is no trusting without risking,
        in fact. Yet to be trustworthy is the opposite of risky.




                                                                                    6
•How to build trust through trustworthiness? An analytical approach to
measuring trustworthiness and the characteristics you want to exhibit.
     • C= Words. I trust what she says about… Can be both rational and
       emotional. People stress the rational side (expertise) but need to
       stress the emotional side more. HIGH
     • R= Actions. I can trust her to… Stress dependability and consistency.
       More interaction. HIGH
     • I= Emotions. I feel comfortable.. Create a safe haven. Empathy. Most
       effective and a differentiator. Not often used in business. HIGH
     • S= Motives. Caring. I can trust that he cares… focus on the other.
       LOW

     Stress:
     I and S.
      I-Put yourself into their shoes. How do you think they feel?
     S-Stop focusing on pushing your product and numbers and think about
         them, not you. What is their agenda?

     Exercise: List 3 things that you do or have done in the past as a
       salesperson that, if you were in the position of the buyer, that you
       would not like done to you. Write it down.

                                                                               7
When you build trust through trustworthiness), by being more personable and
client focused, and you build a strong, long term relationship, which allows for:

You to differentiate -as very few people reach the TA level

Less stress in your interactions and therefore more productivity

Faster results – Covey the Speed of Trust

Less “second guessing”- no tricks!

Less competitive bids- you will know what is going on!

More referrals- and more business!




                                                                                    8
So think back to your first client meeting.
What are you doing differently today ?
What do you need to do moving ahead?




                                              9
10

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Trust Based Selling M I S July 2010

  • 1. 1
  • 2. • Buyers (decision makers, not purchasing ) of complex services and products today are wiser and smarter than ever before. • Gone are the days of product pushing, old sales techniques and not connecting at a high level with the buyers. • What do buyers really want? 2
  • 3. Buyers are wiser • More technically and product astute, thanks to the internet and other means of communication/collaboration • Many buyers recognise the motives of sellers. Smarter and more experienced. • Sellers are typically seen as • Short term focused- desperate for numbers • Utilizing “slash and burn” techniques- ABC • Product focused (and not client focused) • Overly automated and under personalized- sales process • Sellers don't really understand buyers – and don’t take the time to understand them 3
  • 4. How does the buyer buy • Screening (rational and linear) • Most salespeople focus here- features and price oriented • Selection (non-rational and personal) The buyer focuses on the actual seller for expertise and a trusted relationship • Trust-building is often neglected in most sales processes- focusing on rational side more 4
  • 5. There are 4 concerns/motivators… •Buyers want the first or second and occasionally the third. •They want to keep it rational- to be tough. • Most sales programmes/processes focus on levels two and three- focusing on identifying the buyers’ needs through consultative selling. • What do buyers REALLY want? • Levels one through three are rational and impersonal. The fourth level, a person we can trust , is far more powerful. Trusted relationships are what buyers really want, but how will you build trusted relationships? First lets understand the basics. 5
  • 6. What is Trust? o Put in context- I am a salesperson and you are the client and I want to build a trusted relationship with you o To trust verb o Trust noun o Trustworthiness noun o We will be focusing on trustworthiness o To trust someone is to take a risk. There is no trusting without risking, in fact. Yet to be trustworthy is the opposite of risky. 6
  • 7. •How to build trust through trustworthiness? An analytical approach to measuring trustworthiness and the characteristics you want to exhibit. • C= Words. I trust what she says about… Can be both rational and emotional. People stress the rational side (expertise) but need to stress the emotional side more. HIGH • R= Actions. I can trust her to… Stress dependability and consistency. More interaction. HIGH • I= Emotions. I feel comfortable.. Create a safe haven. Empathy. Most effective and a differentiator. Not often used in business. HIGH • S= Motives. Caring. I can trust that he cares… focus on the other. LOW Stress: I and S. I-Put yourself into their shoes. How do you think they feel? S-Stop focusing on pushing your product and numbers and think about them, not you. What is their agenda? Exercise: List 3 things that you do or have done in the past as a salesperson that, if you were in the position of the buyer, that you would not like done to you. Write it down. 7
  • 8. When you build trust through trustworthiness), by being more personable and client focused, and you build a strong, long term relationship, which allows for: You to differentiate -as very few people reach the TA level Less stress in your interactions and therefore more productivity Faster results – Covey the Speed of Trust Less “second guessing”- no tricks! Less competitive bids- you will know what is going on! More referrals- and more business! 8
  • 9. So think back to your first client meeting. What are you doing differently today ? What do you need to do moving ahead? 9
  • 10. 10