Five mindsets that
sabotage your sales success!
Tim Connor
If you have been selling
for more than a few months I’m sure you have made a few mistakes and lost
business as a result. I could go on for
pages about all of the common sales mistakes that are made every day by well
meaning salespeople, I even wrote a book about it called “91 Common Sales
Mistakes”. In general most of these
common mistakes fall into five categories or what I will refer to as sales
mindsets. So, what are the five and how
can you eliminate them from your behavior, approach or sales attitudes?
1)
Allowing
outside influences to impact your thinking.
2)
Giving sales
focused rather than customer focused messages.
3)
Giving more
information than you get.
4)
Defending
price rather than focusing on customer value.
5)
Getting set-up
with a variety of prospect/client strategies.
Allowing
outside influences to impact your thinking.
It’s
been proven again and again in a number of research projects that how the mind
works it is either your greatest ally or your biggest enemy. When you expose yourself continuously to
negative outside sources whether the media, nay-sayers in your industry,
government B.S. or just your next door neighbor, you are setting yourself up
for disaster sooner or later.
Consistent exposure to negative
influences will contribute in a significant way to your goals, actions,
behaviors and overall approaches.
If
you believe that the number one issue confronting prospects today is
uncertainty and whether they should buy from you now, this mindset will impact
how you deal with this attitude long before you are in the presence of your
next prospect. Over time these
relentless negative messages will take their toll on your sales success.
The answer – Turn these negative influences off. Surround yourself with only positive and
optimistic people. Turn off the news
media. Start listening to positive
messages whether on CD’s U Tube or wherever you can find them. Start reading positive stuff every day. Create some positive affirmations and
Psychological anchors that keep your thinking on the right path every minute
and yes all day every day.
Giving
sales focused rather than customer focused messages.
People
buy what they think or believe they want or need. They sell themselves. You don’t sell them. They seldom buy because
of the so-called features and benefits that salespeople have been spouting off
about for years. There is a significant
difference between a customer driven and a product/organization or sales driven
process. The sales driven process
focuses on what you believe are the important characteristics or traits of your
product or service. These are nothing
more than a random set of reasons why you think someone will or should buy from
you. A customer driven approach is
simply letting the customer determine what you cover in your sales message or
presentation as a result of careful and thorough investigation through probing
and appropriate questions before you launch into your sales message. One of the biggest mistakes most salespeople
make is they “talk too much” and they give information before they get it.
The answer - Develop a
long list of carefully thought-out and planned questions on every aspect
impacting the prospect regarding the product/service you are selling. This list should be well over 50 – 100
questions in a variety of categories such as previous experience, goals, needs or
concerns, financial issues, decision process, timing, etc. I’m not suggesting you ask all of them at the
beginning of your presentation, but you better ask the most important ones
before you launch into your sales diatribe of a message if you want to avoid
another – no sale – outcome.
Giving
more information than you get.
As I said above, one of the biggest mistakes
salespeople make is giving information before they get it. Why is this a problem, why can’t we just
launch into our sales message listing al of the features and benefits of our
product or service? For starters,
everyone who buys a product or service will make that purchase based on their
own agendas or perceptions. Ten
prospects can all but the same product for ten different reasons. Here’s the key – if you don’t know what a
prospect’s buying motives are before you start your sales message you will give
unnecessary, wrong or inappropriate information that can or often will doom the
outcome and not because they don’t want to buy, but because your sales appeal
was not focused on the correct aspects of your sales offer from their unique
perspective.
The
answer – As I said above, the
first step is to develop a pertinent list of probing questions. The next step is to decide what the order of
these questions should be and which ones you must have honest answers to before
you develop you customer developed presentation. What I’m saying here is that every
presentation you give should be tailored to each prospect’s needs, motives and
desires. As long as you follow a
standard approach or one size fits all – you will not achieve the closing
percentage you want.
Defending price rather than focusing on customer
value.
There
are three elements when it comes to price and how prospect’s reacts to it. There is price – this is what is listed on
the brochure, website, car window or proposal.
Need a new tire and the price is $100?
You write a check for $100.
That’s the price. Then there is
cost. This is what a product or services
cost’s you to own it over time. Buy a
$25 tire and if you plagued with flats - well you get the point. The cost to own it will exceed the price you paid
for it. Then there is perceived value –
This is the value the prospect puts on the product. If they are concerned about flat tires they
may well be willing to pay $200 for the tire if it gives them peace of mind
etc.
Poor
prospects tend to focus on price. Good
prospects tend to focus on value. This
doesn’t mean that people want to pay more for their purchase than necessary,
but what is a fair price giving them the value they want.
The answer – First, You have to build value before you
deliver price. If the prospect knows the
price before you create value the price will always seem high, I don’t care if
you are selling pencils. Second you have
to know how the prospect defines value so you can customize your message by
building increased perceived value with each aspect of your product or
service. Third, you need to present
price in a way that is confident and professional. Start defending price or apologizing for
price soon after it has been given and I’ll guarantee you’ll create unnecessary
concern or uncertainty.
Getting
set-up with a variety of prospect/client strategies.
Send
me a brochure. I’ll put a check in the
mail. Send me a proposal. I’ll get back to you in a few days. I need to check with my boss. It’s not in our budget. Need I go on?
Every day millions of prospects and clients set up salespeople with
these and dozens of other promises, statements, commitments or answers to
questions. Why do they do it? Lot’s of reasons,
but the most common one is they are not a good prospect now. They might be in the future but today? Forget
it. Another common reason is they don’t
like to close the door with a no. Or,
they just don’t want to hurt your feelings with a no and hope with time you
will just fade into the background. No
one wins when the setup is used as a tactic especially salespeople who waste
time, energy and emotional assets while you wait and hope.
The answer –
Some
people have legitimate reasons for waiting, stalling or just putting you off
for the moment. The key is to determine
whether a prospect’s agenda is real or fake.
The only way to determine this is with follow up questions when you get
a delay, stall or put-off. Send me a
brochure. “What do you plan to do with
it?” I’ll put a check in the mail
today. “Will anything get in the way of
you doing that today”? I’ll get back to
you in a few days. “Let’s set up a
telephone appointment to talk.”
Let
me wrap this up with a simple concept.
If you want to sell more there are only three ways to accomplish this –
learn to do more right – focus on doing less wrong – and how about – doing them
both!
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