Friday, November 20, 2009

Stop Selling Features!

Every time I run a training session, whether with sales managers and CEOs or with salespeople, I ask the question: What do people buy; benefits or features? Without exception, there is a pause and then the word benefits sneaks out. (As if they are not sure...) YES! Benefits are what people buy! I don’t want your product! I don’t care to own your service! I simply want the benefit of what owning it does for me!

An overused example: All of us who own a power drill do not care to own the drill. At one point in our past, we simply wanted a HOLE! The hole is the benefit that the drill provides.

And so it is with our products and services. The things that are important to you about your product or service are typically NOT what is important to your customers.

Do the following exercise: Grab a blank piece of paper and very quickly write down the three main BENEFITS of doing business with your company.

Did you do it? If you did (and you are like most of those who go through this exercise), you probably have some of the following words or phrases on the page in front of you:

Quality Service Reliability Trust Dedicated Staff
Technology Local People Knowledge Track Record
Me Relationships Quack, Quack, Quack, Quack

You see, EVERYONE says the same stuff all of the time! We go into the marketplace and passionately tout the benefits of quality, service, and reliability (the holy tri-fecta of sales). Guess what? Your competition is saying the same things! We all sound alike! We all sound like we attended the same school of sales. We are all putting ourselves into the same box.

STOP IT! Start helping the the customer understand how these words or phrases (FEATURES) translate into benefits for them! What does “service” translate into for them? What BENEFIT do I get because of your product's quality? (BTW, isn't quality a minimum expectation today?) The answers to these questions will bring the customer closer to the reason that they will but from you.

Pass the "SO WHAT!" test:
Here’s a quick tip to help: Follow up each of your feature statements with this sentence:
So……what that (the feature) means to YOU is this: ________________________.

There are only a handful of benefits that your customer seeks. What are the main benefits that your product or service provides for your customer? Is it Peace of Mind? Is it Greater Profitability? Is it Ease of Use? Is it Looking Good or Status? Is it to Dominate the Competition?

"What is it that owning your product allows me to have that I do not have currently?" If you can answer this and speak to this in your efforts to sell to me, I will not only go out of my way to own your product, I will pay a premium as well!

Monday, November 2, 2009

The #1 Skill in Selling---LISTENING!

We all initially got into sales because we are good talkers, good negotiators, good persuaders, and because we are comfortable when doing all of these things with strangers. We take courses on, attend seminars regarding, and read books about how to be better at “Getting our Point Across,” “Giving Professional Presentations,” “Overcoming Objections,” and “Power Phrases that Sell.” We constantly work on better ways to say what we want to say. We tape ourselves on the phones talking and even video ourselves talking/pitching in role-play situations. Although all of this is important, what I notice getting lost on most salespeople of today is the tried and true art of listening.

I have yet to ever run into a truly top shelf successful salesperson that is not a great listener. Great salespeople realize that they MUST listen to the prospect/customer because:

*When they are listening, they are learning about the prospect/customer
*With more info on the customer needs, they have a better shot in recommending the proper solutions.
*When they are listening, they are building trust.
*When they are listening, the customer is buying into them.
*When they are listening, they are showing that they care.
*When they truly listen, the customer will tell them what to say (or ask) next.

I do a lot of training in the areas of effective question asking to “open” a customer. I work on the reasons why we ask the questions that we do and how to best structure and practice those questions beforehand so that they appear very “off the cuff” and centered on the prospect/customer’s specific situation. However, I do not spend enough time discussing the art of listening to the answers and response strategies. I can only picture a mindless set of drones out in the marketplace asking a question, checking it off the list, and moving on to the next. Say it isn’t so!!!!

Enthusiastic Listening
Let’s take a closer look at this term shall we? How does one enthusiastically listen? When you think about that term, what comes to mind for you? I get a picture in my mind of someone leaning in (edge of their chair), eyes locked on whomever is talking, eyebrows raised, nodding in understanding, hanging on every word, and responding with requests for more. I see in my minds eye a child listening to an exciting bedtime story for the first time and asking things like “What happened next?” “Who is that?” “Why did she do that, Mommy?” “What does he look like, Daddy?” and so on.

In the profession of sales, that same wide-eyed enthusiasm over the words of our prospects/customers may be quite appropriate to a certain degree. INTERESTED is the word that we are going for here. I feel that the best way for a prospect/customer to be INTERESTED in you is to be genuinely INTERESTED in them. The problem is that most of us feel that we have to be INTERESTING! We feel that we have to speak eloquently, have a solid canned “pitch” that is compelling, and through these tactics, we will win over the hearts and minds of our prospects/customers. C’Mon…..Get over yourself!! It’s not about you! It’s about them and their pains, their fears, their desires, their highest value needs.

By listening enthusiastically, you will show the prospect/customer the greatest respect that you can. You will show that you care about their needs-not yours. You will show that you are interested in how to best create a solution for them. You will show that you are different, that you stand out! Below are few tips to help you engage in the art of enthusiastic listening:

1.Look ‘em in the eye!
When a prospect/customer is speaking (answering your questions), do your best to look them directly in the eye as much as you can. It shows that you are focused on their response. A great tip to help you stay focused intently on them is to pick just one eye and look directly into that.
2.Use appropriate facial expressions and nods.
Use non-verbal feedback in the form of the occasional nod to show understanding and agreement, a head tilt with brow furrowing to show a lack of understanding (and thus a request for more info), a smile and nod to show clarity and agreement. Also use winces and other similar facial expressions to show that you feel their pain. Much can be said without saying a word. Learn to master this art through practice in front of a mirror.
3.Lean into the conversation.
There is nothing wrong with leaning into the conversation during particularly intense or emotional points in which pains and fears are being discovered and discussed. Get on the edge of your chair and show them that you care.
4.Take notes.
There is a term called “noteworthy” that seems to be appropriate for the purposes of a sales interaction. By writing down some of the main points of the conversation, you will not only show the prospect/customer that you are listening and that you care, you will also show that what she is saying is worthy of making note of it. Also, if you write down what they say word-for-word and how they say it (use quotes on these parts) then you will have a tool to use later in the sales process to assist in closing the sale.
5.Ask follow-up questions with active probing verbs.
Some examples of some solid follow up questions might be:

*“Why?”
*“Can you expand on that?”
*“Paint me a picture of that.”
*“Can you give me an example?”
*“How long has that been the case?”
*“Have you always felt that way?”
*“Why do you suppose that is?”

The art of the follow up question is imperative if we are to truly separate ourselves
from our competitors in the field of sales. The follow up answer tends to get to the
true MOTIVATORS that our prospects/customers have to potentially do business
with us.

So, in the future, think about that young child listening intently to his/her parent reading Peter Pan for the first time to them. See if you can see the look in their eyes, the curiosity in their entire demeanor. Create that same level of enthusiastic curiosity in yourself as you head into your next sales call. Listening is a skill and one that can be learned.