As I have mentioned in a previous newsletter I would
be talking about successfully executing steps in a sell
cycle.
In this edition let's talk about demonstrating products
and services with prospects!
"When is the appropriate time to conduct a product
demonstration?"
All too often companies put undue pressure on their
sales people to schedule appointments in order to
show the product...do demonstrations, get face time.
Rather than relying on their sales person's situational
expertise and sales skills to create and process the
prospect's needs, they are relying on their
products 'feature and function' to create that interest.
They are hoping that the prospect will see something
they like, figure out how they would use it, and then
buy it. What may end up happening is the seller
spends time trying to sell to users who don't have any
real business issues or the power to buy the product
or service. Think about that for just a moment.
How many times have you found yourself or your
sales personnel doing product demonstrations for
people who can't buy what you sell?
I'm not
saying that you shouldn't do product or service (chalk
board discussions, description of services, visit to
service centers or NOC's) demonstrations.
I'm suggesting that you do them only when it is
appropriate. The 'demonstration' should be used by
the seller to prove that he/she can
provide the prospect with the
capabilities that the
seller and his/her prospect have mutually determined
the prospect will need in order to achieve their
goals, solve their problems, or satisfy their needs.
It's a proof step. It's not interest generation.
Doing demonstrations without a thorough
understanding of the needs of the prospect can result
in:
- Meaningless demonstrations to prospects
- Demonstrations by sales people to remain
busy
- Demonstrations that don't meet the needs of your
prospects
- Demonstrations of needless features &
functions
- Increased cost of sales
- Unusually long sales cycles
- Buyers to conclude that your product is too
complex
- Buyers to claim your product is too expensive
- Lost sales opportunities
- Sales people to blame their losses on the
product's lack of feature or function
In order to determine what to demonstrate, or what to
prove,
the sales person has to take the time to 'diagnose
the needs of the prospect with bias' toward the
sales persons product or service.
The key to selling is the sales persons ability to
converse, a two way dialogue with the senior
executives who have the ability to purchase the sellers
product or service. In effect, you want your prospect,
with the help of the sales person, to be able to
envision themselves being in possession of
capabilities only you can provide; recognize what it's
costing them to operate without those
capabilities; and, confirm the value to
their company moving forward. That requires
a 'conversation', not simply a product
demonstration.
So here is the tip. Take the
time to diagnose the needs of your prospect before
providing proof...doing a demonstration. Align your
demonstration to show only those things that the
prospect has said they needed. The demonstration
becomes more relevant, focused, and meaningful.
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Steps to a sell/buy cycle!
Future discussions in this newsletter will focus on the
following key skills of selling and marketing.
CustomerCentric Selling® Sales
Process
- Successfully executing the Process Steps in a sell
cycle
- Selling Skills - Which skills are needed when?
- Sales Ready Messaging® Tools and when they
should be used!
- Sales Process Deliverables - How do I know the
prospect and I are on the same page?
- Milestones & Probabilities of a sale - How do I
know where the prospect is during the sell cycle and
when are they ready to buy?
Marketing skills
- Preparing messages for Solution Development
conversations that help buyers conclude I may be their
best solution!
- Establishing business value for your solutions
with prospects early in a sell cycle!
- Determining your company's market
positioning so I'm asking sales personnel to go
where the GOLD is!!
- Preparation of your company's "Core Marketing
Messages" and using a "Rifle Shot" approach!
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I'll be in
touch with you in
August 2008.
As always, if you would like to discuss the current
selling or marketing situation you are in, please
contact me at any time!
Please feel free to forward this e-mail to any of your
associates that you feel could benefit from this
information. The link provided below will allow you to
do that.
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Good Selling,
Dan Lemke
A Licensed Affiliate of
CustomerCentric Systems®
send
me an email
Post Script -
check out the CCS® website
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Dan Lemke
Dan spent 25+ years in sales,
marketing and
executive management of software, hardware,
networking, and professional services organizations.
He held mgt. positions at Cargill, Xerox, AT&T,
Tandem Computers, Lawson Software, and
Control Data Systems.
Dan works with companies that
are concerned with improving sales productivity,
marketing effectiveness, and provides coaching to
senior
executives in effective sales and marketing
techniques throughout the United States,
Canada,
and Europe.
His accomplishments include:
*Selection to the Presidents Council at Tandem
Computers
*Recognition for achieving greater than quota
attainment in 16 of 19 years
*Recognition as an Outstanding Marketing Executive
in
1995 at Tandem
He has trained, managed and
consulted with thousands of sales and management
personnel as both a consultant, and
executive.
Lemke holds a B.S. in Finance, a B.S. in
Management, and post graduate work in Finance
from the University of Utah.
Today he speaks, instructs, and consults at public
and private workshops regarding the strategies and
tactics of successfully selling and marketing to
buyers in many industries such as:
- Computer Software
- Computer Hardware
- Professional/Consulting Services
- Printing and Support Services
- Financial Services
- Medical Industry
CustomerCentric Selling® -
Midwest
100 Parkers Lake Road
Wayzata, MN 55391
PH: 952-475-1475
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