Sales Influence - Why People Buy!

  • Autor: Vários
  • Narrador: Vários
  • Editor: Podcast
  • Duración: 193:05:53
  • Mas informaciones

Informações:

Sinopsis

I came from the world of selling as an account manager and moved up the ranks to Director of Sales, then VP of International Sales and eventually President of Sales and Marketing. I know what it takes to sell and how to manage and motivate your sales team. I didn't read a book on selling; I LIVED IT! Selling has become tougher! It isn't what it use to be! Show up, do the dog-and-pony and close the deal! Not any more! Today's buyer has changed given the access to more information. Which means that buyers are more informed and more skeptical when it comes to buying. In this podcast, we'll discuss "Finding the Why in How Clients Buy"! Using the latest studies in consumer behavior and neuromarketing, you'll learn new ways to sell more effectively!

Episodios

  • 4 Types of Conversations to Bridge Value Gap | #433

    07/08/2024 Duración: 08min

    In order to bridge the gap between the customer's current state and the desired state in sales, it is important to address the parameters of time, money, effort, and confidence in the sales pitch. Imagine your customer on one side of a deep hole and your solution on the other side as a visual for change in sales. Bridge the gap between the customer's current state and the desired state by addressing four parameters in the presentation to fill in the perception of depth and concerns. Time is the first parameter to consider when closing a sale, as customers want to know how long it will take to implement the product or service and see a return on investment. Understand the difference between price and cost, and minimize the perceived effort required for the customer to implement the solution. You need to address time, money, effort, and confidence in your sales pitch to assure the customer that the product will work for them. Walk the client through a sequence of using the product to build confidence and show

  • How to do Product Demos 101 | 432

    25/07/2024 Duración: 06min

    Effective product demos should be customer-centric, focused on framing the issue, showing how it applies to the client, and discussing the issue resolution, while also structuring the presentation to tell them, show them, and then tell them what you just told them. Presenting a simple formula for effective product demos by layering more value on top of basic presentation skills. Presenting a demo sequence should focus on being customer-centric, framing the issue, showing how it applies to the client, and discussing the issue resolution. Show how to view sales activities and revenue quickly and easily to save time and access information efficiently. Resolve the issue by structuring your presentation to tell them, show them, and then tell them what you just told them, creating mini structures within a larger presentation. Imagine how easy it will be for you to have quick access to information and meaningful conversations with your salespeople. Use the same structure to address multiple customer issues by ident

  • Don't Value Dump | 431

    19/07/2024 Duración: 07min

    When presenting a product or service to a client, it is important to focus on understanding the customer's needs and presenting tailored solutions, rather than overwhelming them with too many features and justifying the price through a long presentation. Stop overselling and value dumping when presenting a product or service to a client. Building more value justifies the price and helps the customer rationalize, but quantity does not equal quality and can oversaturate the customer. Overwhelming customers with too many features and not understanding their needs leads to value dumping and losing the sale. Understand what the customer wants and needs, and present solutions tailored to their current and future needs. Don't overwhelm customers with all the features of a product, focus on demonstrating what they need and establish value. Focus on the essential features now, and mention future benefits to avoid overwhelming the prospect. Be selective in presenting value, focus on how your product or service can hel

  • Bring on the PAIN | 430

    18/07/2024 Duración: 06min

    Creating a sense of urgency and demonstrating the tangible value of the product or service is crucial in driving sales and motivating customers to make a change. Create a sense of urgency to overcome status quo bias and encourage customers to buy. Show the customer that the pain of staying the same is greater than the pain of change to motivate them to move forward. Use ROI calculators to show customers the cost of investment in your system. After 18 months, you'll get your money back and there's a lot of upside, so use ROI calculators and break even points to show the customer. Show customers how not having certain features or services is causing them to lose market share, create urgency by demonstrating cost reduction and tie it back to their ability to be more competitive and grow their business. Operational cost and opportunity cost are important to quantify and communicate to customers in order to show the tangible value of what they're missing out on. Quantify the customer's pain and position it as gre

  • Overcoming Buyer Indecision | 429

    16/07/2024 Duración: 09min

    Building trust, demonstrating expertise, and keeping the customer's best interest in mind are essential for overcoming indecision and closing deals. Clients who can't make decisions are often afraid, and it's the salesperson's job to reduce their anxiety and address their concerns. Create a sense of urgency to push potential customers to make a decision and act now. Building trust with clients involves empathizing with their point of view and being a subject matter expert in your product. Understand and communicate the differences between your offerings, demonstrate expertise in the market and business, and show the customer that you have their best interest in mind to build trust. Understand and guide customers towards a product that will help them without overselling or underselling, positioning yourself as a subject matter expert to build trust. Build trust, demonstrate expertise, and keep the customer's best interest in mind to overcome indecision and close the deal. Close more deals by demonstrating sub

  • The Sales Sherpa - What Buyers Want | 428

    11/07/2024 Duración: 06min

    Salespeople need to shift from selling to guiding and clarifying, becoming domain experts in order to help customers navigate the overwhelming amount of content and make informed buying decisions. Understand how the client mindset has changed over time to use it to your advantage in sales. Customers want more information and guidance from salespeople, as they are now 57% into the buying journey according to The Challenger Sale. Customers are already forming preferences before contacting a vendor, so it's important to understand their buying cycle and the number of decision makers involved. Customers are overwhelmed by the abundance of information and the increasing number of decision makers involved in the buying process. Buyers are more informed and involve more decision makers, so salespeople need to adapt their approach to ensure success. Your expertise as a guide is crucial in helping customers make buying decisions in the age of overwhelming content. Become a domain expert in your field to guide clients

  • Training for Results Formula | 427

    10/07/2024 Duración: 04min

    Key insights Using a three-part formula can help you train or coach more effectively by allocating time strategically during your sessions. Take one-third of the time to explain the concept, and the second third to showcase it in action. Implementing concepts in real life is where the real understanding comes from in training for results. The key to effective training is not just explaining concepts and providing examples, but also showing how to apply them to real business situations.  

  • Level 3 Selling | 426

    03/07/2024 Duración: 06min

    The key to success in sales is reaching level three selling activities, which involves proactively identifying and solving customer problems, anticipating future issues, and providing long-term value to the customer. Understand the three types of salespeople and where you fit in the market to differentiate yourself in a competitive market. Differentiation and cost reduction can only go so far, so the key to success in sales is reaching level three sales activities. Level 3 selling is about proactively identifying and solving customer problems, rather than waiting for them to tell you. Level 3 selling involves anticipating and highlighting future problems for the customer, moving beyond just identifying and solving current problems. Understand the market and customer base to provide long-term perspective and value to the customer. Level 3 selling involves predicting and anticipating future problems for customers and guiding them, leading to less focus on price and differentiation. Companies are looking for bu

  • How to Motivate Your Team | #425

    14/06/2024 Duración: 07min

    Fear, apathy, and skepticism are common barriers to motivation, and managers need to address these issues by providing clear training, showing the value in employees' work, and connecting tasks with outcomes to motivate their team and reduce doubts. 00:00 Fear, apathy, and skepticism are the three categories that hold people back from being motivated. 01:01 Look for symptoms of skepticism in employees such as tardiness, laziness, negativity, and uncooperativeness. 01:35 Employees lacking quality work may be anxious and nervous due to fear of not knowing how to do something, which can be solved by providing clear training and guidance. 02:36 Managers need to show employees the value in their work to prevent apathy and lack of motivation. 03:08 Connect the task with the outcome and value to overcome apathy and skepticism in sales. 04:04 Show the purpose and value to motivate skeptics and reduce their doubts to be successful. 04:57 Release the mental breaks of fear, apathy, and skepticism to motivate your team

  • STOP Using Weasel Words - Confidence Killer | #424

    14/06/2024 Duración: 05min

    Using weasel words undermines confidence in sales communication and it's important to eliminate them to build confidence and persuade customers effectively. 00:00 Stop undermining your sales success and ability to persuade by using weasel words without realizing it. 00:32 Customers want confidence to make buying decisions, so it's important to differentiate yourself when presenting your product or service. 01:07 Using weasel words undermines confidence in communication with clients, so it's important to avoid them. 01:45 Stop using weasel words like "could, might, may, probably" and be more assertive in your language to build confidence. 02:22 Stop using weasel words in sales to avoid feeling better about not being pushy and start being more confident. 02:44 Using weasel words like "might, could, may" kills customer confidence in making buying decisions, which is crucial in a market where products and services are almost identical. 03:14 Stop using weasel words like "may, could, might" when selling, as it un

  • Training for Results Formula | EP 423

    20/05/2024 Duración: 06min

    Here's a simple formula to follow when training salespeople or talking to customers to achieve higher retention.

  • Strong v. Weak Salespeople - What the Data Shows | #422

    13/05/2024 Duración: 09min

    TLDR: High-performing salespeople possess verbal acuity, are achievement-oriented, power users, have a dominant style, and are inwardly pessimistic, working collaboratively with high morale and accountability. 1. 00:00 Strong salespeople have verbal acuity, which determines their level of access within a company. 2. 01:27 High performers in sales have better verbal communication skills, are achievement oriented, and often have a background in individual or team sports. 3. 02:37 High performers use tools like CRM at a higher rate than low performers, which increases their chances of managing sales. 4. 03:17 Strong salespeople are dominant and proactive, while weak salespeople are submissive and reactive in their sales approach. 4.1 High performers have a relaxed dominant style in sales, while low performers have an anxious submissive style. 4.2 Weak salespeople are submissive and reactive, while strong salespeople are dominant and proactive in guiding the conversation. 5. 04:53 High performing salespeople have

  • Confidence Killer - Using Weasel Words | EP421

    07/05/2024 Duración: 05min

    You will kill a buyers confidence when you use weasel words or ventilating modifiers.

  • 4 Ways to Overcome Price Objection | EP 420

    26/04/2024 Duración: 06min

    Here are 4 ways to overcome price objections: 1) Compared to what 2) Cost of Inaction 3) Price versus Cost 4) Down selling

  • ShuHaRi - Developing Your Selling Style | EP421

    16/01/2024 Duración: 07min

    When I started using the script, it felt very unnatural. Then, after some time, I started adapting it a little bit, and it became more comfortable, and my close rate continued to go up. Why? I had gone through the process of ‘Shuhari,’ a concept in traditional Japanese martial arts that describes the stages of learning and mastery. It consists of three phases: Shu (守 - "Protect"): In this stage, the learner follows the teachings of a master without deviation. It involves learning the fundamentals and techniques precisely as taught. Ha (破 - "Detach" or "Break"): In this intermediate stage, the learner starts to break away from tradition. They explore variations, modifications, and adaptations of the learned techniques. This phase encourages creativity and a deeper understanding of the art. Ri (離 - "Leave" or "Transcend"): In the final stage, the learner transcends the teachings and forms their path. They have internalized the principles and are no longer bound by the specific teachings of a master. It's a stag

  • Connecting with Emotional and Rational Buyers - EP420

    09/01/2024 Duración: 06min

    In this session, you’ll learn the difference between how rational and emotional buyers make buying decisions.  You’ll also be asked to evaluate what type of speaker, presenter or trainer you are and why it’s critical that you align yourself and your material with their audience.  Whether you’re an entrepreneur, small business owner or executive, aligning with your audience will help you become more persuasive.  Lastly, you’ll learn the 3-Step BLEND formula for creating a presentation, speech or training material that connects with both rational and emotional buyers.

  • AI Will Eliminate Jobs - #419

    31/08/2023 Duración: 08min

    AI will eliminate, not displace, jobs over the next few years with almost 20% of jobs globally being eliminated.

  • AI Wrecks the Sales Market - #418

    27/08/2023 Duración: 09min

    AI will change how we sell and how buyers buy.

  • AI Makes Buying Easy - #417

    25/08/2023 Duración: 08min

    Here's how AI Makes Buying Easy and how selling will be a secondary activity in the sales process.

  • 7 Rules for Sales Masters ( Top Performers) -#416

    01/06/2023 Duración: 09min

    7 Rules for Sales Masters ( Top Performers) with Victor Antonio

página 6 de 35