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www.scorepdx.org 503-326-3441 Five Essentials of Effective Selling & The Power of Networking Welcome to Portland SCORE Griff Lindell Workshop Leader…

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Page 1: Welcome to Portland SCORE - Lindell Associateslindellassociates.net/wp-content/uploads/2012/09/Five-Essentials-of... · Sales: the Personal Expression of the Marketing Perspective

www.scorepdx.org503-326-3441

Five Essentials of

Effective Selling &

The Power of

Networking

Welcome to Portland SCORE

Griff Lindell

Workshop Leader…

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What is SCORE?

A Non-Profit Organization

– Over 390 chapters, 800 offices,

Experienced Volunteers

– 10,500+…all facets of business

Personal Counseling & Mentoring - FREE

– Face-to-Face, Telephone, On-Line

Workshops & Seminars

– 6,746 last year reaching 117,480 clients

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Counseling & Learning

Effective personalcounseling

plus

Powerful learning

resources…

Helping make success

happen!

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Meeting Workshop Attendees

Name

Type of Business

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Reflection• What are your expectations of our time

together?

• What specific things would you like to

learn?

• How do you think these sessions will

impact the way you are currently

selling?

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Reflection / Report

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Nothing Happens Until…

…somebody sells

something.

That means?

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Everybody in a small business sells.

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… is Thinking from the

Effective Selling…

and then

Problem-solving

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Definition of Marketing

“Marketing is analysis, planning,

implementation, and control of carefully

formulated programs to bring about

voluntary exchange and relationships

with specifically targeted markets.” –

Peter Drucker

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Definition of Marketing

“Marketing is analysis, planning,

implementation, and control of carefully

formulated programs to bring about

voluntary exchange and relationships

with specifically targeted markets.” –

Peter Drucker

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Sales: the Personal Expression

of the

Marketing Perspective

• SALES - both

– Attitude

– Activity

• SALES - Listening

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Five Essential Steps

• See expressed idea from the speaker’s

behavior style

• Sense the speaker’s needs/feelings

• Secure the speaker’s frame of reference

• Know What You Need to Communicate

• Asking the RIGHT Questions

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Listening with Understanding

FIRST ESSENTIAL STEP

See expressed idea from the speaker’s

behavior style

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Attitude: Active Listening

• Customer-focused selling• Listening

• Comprehending

• Talking

• Good communication• Purpose

• Precision

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Communicating to People

in Ways They PreferHigh

Assertiveness

Phlegmatic

Compliant

Analytical

Conserving/Holding

Avoiding

Choleric

Dominant

Driver

Controlling-Taking

Competing

Sanguine

Influencer

Expressive

Adapting-dealing

Collaborating

Melancholic

Steadiness

Amiable

Supporting-giving

AccommodatingLow

Assertiveness

Low

Responsiveness

High

Responsiveness

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Communicating to People in

Ways They Prefer

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SUPPORTING

• Wants to Know*

– Is it fair?

– Is it the best?

– Can I help?

*Dr. Stuart Atkins

• Approach them:*

– with respect

– acceptance

– reassuringly

– idealistically

• Don’t be:*

– critical

– unhelpful

– ridiculing

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SUPPORTING

• PERSONAL

– Loyal

– Supportive

– Respectful

– Willing

– Dependable

– Spontaneous

– Dramatic

– Idealistic

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DRIVING

• Wants to Know*

– Opportunities?

– Bottom Line?

– Who’s in control?

– What’s Next?

*Dr. Stuart Atkins

• Approach them:*

– Competitively

– Enterprisingly

– Quick-paced

– With new ideas

• Don’t be:*

– Tentative

– Plodding

– Detailed

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DRIVING

• PERSONAL

– Firm handshake

– Strong opinions

– Competitive

– Fast paced

– Impatient

– Bottom line

– Pioneering

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REASONING

• Wants to Know*

– How does it work?

– Who does what?

– The trade-offs

– Can we sample

*Dr. Stuart Atkins

• Approach them:*

– Unemotionally

– Factually

– With practical

thoughts

• Don’t be:*

– Changing constantly

– Fast-paced

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REASONING

• PERSONAL

– Factual

– Expressed measured

opinions

– Analytical

– Cautious pace

– Asks about details

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FRIENDLY

• PERSONAL

– Social

– Warm

– Flexible

– Shares personal

feelings

– Accepting

– Prefers first names

– Relationship!

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FRIENDLY

• Wants to Know*

– People’s opinion

– Is it Disruptive?

– Can it be changed?

*Dr. Stuart Atkins

• Approach them:*

– Warmly

– Flexible attitude

– With acceptance

• Don’t be:*

– Distant

– Dogmatic with

presentation

– Factually oriented

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Communicating to People in Ways They Prefer

Phlegmatic

Compliant Analytical

Conserving/Holding

Avoiding

Choleric

Dominant

Driver

Controlling-Taking

Competing

Sanguine

Influencer

Expressive

Adapting-dealing

Collaborating

Melancholic

Steadiness

Amiable

Supporting-giving

Accommodating

OUTGOING

RESERVED

TASKPEOPLE

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What Style Are You?

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Listening with Understanding

See expressed idea from the

speaker’s behavior style

SECOND ESSENTIAL STEP

Sense the speaker’s needs/feelings

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Listening for ways Prospect is

Buying - Part 1*

• Buy- knowing • Feels need and KNOWS what is needed

• Most often repeat purchaser

• Buy-learning• Acquiring Knowledge

• Weighing Alternative

• Arrive at optimum choice

* Based on work of Kevin Davis: 8 Secret Roles of Selling your Competitor Don’t Know

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The Buying – Learning Process

• The 8 steps

Change

Discontent

Research

Compares

Fear

Commits

Expectations

Satisfied

• The 8 roles

– student

– doctor

– architect

– coach

– therapist

– negotiator

– teacher

– farmer

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Role

Change • Studies change together

--a partnership of

students studying

Step

STUDENT

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Role

Discontent• Diagnoses discontent

and uncovers important

needs - prescribes

treatment

Step

DOCTOR

RoleStep

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Role

Research • Designs unique

solutions and

simplifies the

customer’s

research to lock out

competition

ARCHITECT

RoleStep

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Role

Compares • Compares the

offerings and

conceives of a

game plan that will

beat the

competition before

and after the sell

COACH

RoleStep

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Role

Fear • Draws out the fears

that are last minute

before the sale and

grow after the sale

& helps to resolve

them

THERAPIST

RoleStep

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Role

Commits

• Mutual commitment

reached with

win/win negotiating

NEGOTIATOR

RoleStep

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Role

Expectations• Identifies

expectations and

teaches how to

obtain maximum

value and then

tests the results of

that plan

TEACHER

RoleStep

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Role

Satisfied • Cultivates relationship for satisfaction and grows a productive relationship by taking test results, using as opportunity to add value

FARMER

RoleStep

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Steps - Roles

Change

Discontent

Research

Compares

Fear

Commits

Expectations

Satisfied

Student

Doctor

Architect

Coach

Therapist

Negotiator

Teacher

Farmer

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Discuss

• At what step do you think the majority of

your customers will be?

• Discuss your role then.

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Listening with Understanding

See expressed idea from the speaker’s

behavior style

Sense the speaker’s needs/feelings

THIRD ESSENTIAL STEP

Secure the speaker’s frame of reference

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To Whom Do You Sell?

What is their frame of

reference?

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Personal Communication

“FACS”

FFAACCC – See Alan Zell www.sellingselling.com

• Family

• Friends

• Associates

• Acquaintances

• Customers / Clients

• One’s Own Conscious

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Sales - Attitude• To whom are you selling? Frame of

Reference? Investors /

Bankers

Business peers Vendors /

Suppliers

Internal

Team

Prospects

Customers

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Sales - Attitude

Business peers Vendors /

Suppliers

Family &

Friends

Internal

Team

Investors /

Bankers

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Know

What Are You Communicating?

Your customer-centric

•purpose

•passion

•plans

FOURTH ESSENTIAL STEP

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Elevator Speech

• Who you are targeting?

• What they are looking for?

• What you are offering?

• Why it is so very special?

• How it is unlike others?

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For entrepreneurs and small business owners looking to achieve success in their business, SCORE provides FREE counseling services, a business library with Internet access, and a wide range of reasonably priced workshops. Our proven experience as entrepreneurs and executives provides this community with compelling business processes and trusted guidance.

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First Draft of Your Elevator

Speech

Draft

Discuss

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What are you communicating to

these audiences?

TO suspects / prospects / customers!

Your ability to LISTEN

and SOLVE problems.

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Asking the RIGHT Questions

The art of questions used to solve

problems.

FIFTH ESSENTIAL STEP

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THE “LANTERN” PRINCIPLE

CLOSED Qs

OPEN QUESTIONSto determine dilemma

OPEN QUESTION to continueto establish need

CLOSED Qs

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Customer-focused SELLING

QUESTIONS

• CLOSED QUESTIONS– Seek specific

answers to specific questions

– Responses quick, direct (“yes,” “no”)

– Used to open, confirm, close

– Fact-finding

• OPEN QUESTIONS

– Designed to get

prospect to expound

– Typical of “what,”

“why,” “how”

– Feeling/thinking-

finding questions

– Reveals behavioral

style of prospect

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Prospect and Customer

Communication

• WIFM

• Building relationships

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Buyer Oriented

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Buyer Oriented

• Types of B2B Buyers

– Economic Buyer• Role = to give final approval

– User Buyer• Role = To judge impact on productivity

– Technical Buyer• Role = To screen out products

– Champion Buyer• Role = Champion you in the sale

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Selling isn’t telling.

• A presentation just that lists benefits

– is a “hit or miss” approach

– hoping one of the benefits meets

needs of prospect

– does not recognize needs

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Selling isn’t telling

• Situation questions

– “tell me about”

– “what are you looking for in a ...”

• Problem questions

– “how are you...”

– “where have you gone to solve that

problem before...”

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Selling is Asking

• Implications questions

– “What is your ideal solution”

– “Those solutions have not worked well,

what’s going to happen if you don’t get...”

– “When will you be making a decision?”

– “How is that decision made...”

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Selling / Asking

• Need-payoff questions

– “so, if you get...and ... and find a

[product/service] that does ... what would

stand in the way of making a decision for

[the xxxx solution]?”

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Typical Retail Questions

Assumptive Close

• What may I help you with?

• How many pairs (or ?) would you like?

• (watching the section) ask, What kind of

____ are you considering?

• Would you like this gift wrapped?

• How can I help you find….?

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Merchandise Approach – refer to

the merchandise

• Customers tell us that those shoes are very

comfortable.

• That fan is on sale right now – we have

others that will cool a whole room.

• People are loving that color this (season).

• Did you know the (name something special

about the product)?

• That model gets over 35 MPG.

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Retail Salespeople Don’t• Become just an order-taker – bored

• Ignore learning about the products

• Overemphasize price – it’s not the only

factor!

• Talk features – people buy benefits

• Forget suggestion selling – “Tie for that

shirt?

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Discuss

What are some questions that

make sense for your business?

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The Art of Networking

The Science of Networking

Bonus Step

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The Power of Rapport

• Instant Rapport

– Seeing

– Standing

– Saying

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Networking

Resource:The 29% Solution: 52 Weekly Networking

Success Strategies by Misner & Donovan

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Networking

• “working”

• Set S.M.A.R.T. Goals– Specific

– Measurable

– Attainable

– Relevant

– Timed

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Goal Sample

I will become a member of the ________ Chamber by [date] where I will volunteer for [something] by [date].

I will meet and get to know [number] people by [date].

I will connect [number] of people with at least [number] of people

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Effective Networking is…

…Not socializing

…Not just attending meetings

… building connections

… building relationships

… providing recommendations

… W O R K

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Networking

• Be intentional– How much business do you want from referrals?

– Who are these people?

– What kind of business do you expect to get?

– How many networking functions will you attend?

– How many referrals do you want/week?

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More - Networking

• List 5 people who can provide

testimonials about you – WOM

– Be selective

– Need to be connecting with your TM but in

a different way than you do now

– Influential enough to be heard

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More - Networking

• Remember – Givers Gain– “You are the gatekeeper to the resources locked

inside your network.”

– Become the “go to” person within your networks

– Keep records of who you met, how you can best

help them and if THEY referred you to someone,

who it was

– Write Thank You notes for the referral

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More - Networking

• Some questions to ask:– What do you like most about what you do?

– What’s new in your business?

– What’s the biggest challenge for you in your

business?

– What sets you apart from you competition?

– How has [this event] helped your business most?

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Question for Key People

• What would you like your business to

accomplish this year?

• What are the challenges to this?

• What are the impediments to success?

• How can I help you overcome them?

• What else do you need to help you be

successful?

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Self-awareness

• Behavioral styles

• Social intelligence

• Verbal intelligence

• Dependability

• Imagination

• Humor (wit)

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Group Work

• Share your networking goals for the

next week, next month.

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Five Essential Steps

1. See expressed idea from the speaker’s

behavior style

2. Sense the speaker’s needs/feelings

3. Secure the speaker’s frame of

reference

4. Know What You Need to Communicate

5. Asking the RIGHT Questions

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PERSONAL GOALS

• Setting Outcome

• Have an evidence procedure

• Be in Control

• Experience Outcomes in

Advance

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Demonstration of Setting

Outcome Objectives

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YOU ALWAYS

SUCCEED IN

PRODUCING A

RESULT!

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