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Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1 www.daytonscore.org : 937-225-2887

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Page 1: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

Dayton Chapter of SCORE

SCORE is a Resource Partner with the U.S. Small Business Administration.

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www.daytonscore.org

: 937-225-2887

Page 2: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

Professional Business Counseling

Live Your Dream. SCORE Can

Help.

Confidential business counseling / mentoring is done free of charge.

Web Site: www.daytonscore.org

Call for an appointment : 937-225-2887

Federal Building….Suite 104, 200 W. Second St.

Dayton, Ohio 45402

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Page 3: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING –

UNDERSTANDING YOUR BUYER / CUSTOMER

SCORE – Dayton Chapter 1073

Page 4: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Objective of the Workshop:

A) Being able to understand the thought processes of your

Buyer / Customer when you go through the presentation of your product or service.

B) Recognize the types of Buyers / Customers that could influence the buying decision.C) Introduction to “Five Sales

Steps” 4

Page 5: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

D) Identify influencers in the buying decision:

Owner Buyer Support Staff End User

E) Buyer Motives:

Need Desire Regulations Trends Perception Etc. 5

Page 6: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Know your product Know your competition Know what sets your product apart Make a list of your product’s features

and express them as customer benefits Sell yourself first on your solutions Make sure all employees are on board

with a “we” attitude

BEFORE YOU DO ANYTHING…

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Page 7: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Package yourself No negatives Research client Be on time Be observant

PREPARE FOR THE SALES CALL

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Page 8: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

The Five Sales Steps:

1. Contact2. Qualify3. Investigate4. Presentation5. Close

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Page 9: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 1 – Making Contact with the Buyer / Customer

Preparation and Planning

Suspect vs. Prospect Ideal customer profile

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Page 10: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 1 (cont.) – Making Contact with the Buyer / Customer

Ways to make Contact

Personal “face-to-face” call Phone call Letter E-mail Networking Social media Walk in

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Page 11: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 2 – Qualify the Buyer / Customer

Identify the decision maker(s) ---

End User Coaches Technical Person Economic Buyer

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Page 12: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMERStep 2 (cont.) – Qualify the Buyer /

Customer

Buyers / Customers motives

Is there a need? Are they ready to listen to you? The hidden agenda.

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Page 13: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 2 (cont.) – Qualify the Buyer / Customer

Budget ????

Can they afford it? Is your timing in sync? How can the budget be changed?

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Page 14: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 2 (cont.) – Qualify the Buyer / Customer

Will they buy from you?

Be a helper in the decision process.

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Page 15: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER/CUSTOMER

Step 3 – Investigate the reality

Needs analysis

Confirm a need Gather data

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Page 16: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 3 (cont.) – Investigate the reality

Understand how you are going to relate the Customer needs to your products or services.

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Page 17: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 3 (cont.) – Investigate the reality

Questioning Techniques

Ask Questions … … Then Listen Paraphrase

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Page 18: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 4 – Making the Presentation (The Selling Process)

Talk about the …

Features Advantages Benefits Prove your solution by doing

something 18

Page 19: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 4 (cont.) – Making the Presentation (The Selling Process)

Speak the customer’s language

Use words that everyone understands

Talk in simple sentences Use Technical words only when necessary

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Page 20: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 4 (cont.) – Making the Presentation (The Selling Process)

Building desire

Hope for a GAIN Fear of a LOSS Hope for PLEASURE Fear of PAIN Desire for APPROVAL PRIDE

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Page 21: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 4 (cont.) – Making the Presentation (The Selling Process)

Recommendations should include

Return on investment Faster to the market place Ahead of the curve

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Page 22: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 4 (cont.) – Making the Presentation (The Selling Process)

Trial closes as you go along

Looking for agreements “If we can do this … then I can do that”

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Page 23: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 4 (cont.) – Making the Presentation (The Selling Process)

Overcoming objections

Feel Felt Found

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Page 24: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 5 – Close the sale

Buyer / customer must now decide

Do I have a need? Should I buy this product? Is this the company to buy from? Is the price right? Should I buy now?

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Page 25: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 5 (cont.) – Close the sale

A Hand ShakeSign ContractsCollect money

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Page 26: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Step 5 (cont.) – Close the sale

Set the stage to develop future sales

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Page 27: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Sold: Thank You Restate terms, etc. You’ll stay in the

loop

Didn’t sell: Thank You Restate needs and

features / benefits Leave a way back in

FOLLOW-UP

Page 28: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Follow-up consistently Keep a tickler file Keep your promised dates Send correspondence about solutions to

any other problems Follow-up, follow-up, follow-up

KEEP RECORDS

Page 29: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

BASICS OF SELLING – UNDERSTANDING YOUR BUYER / CUSTOMER

Not listening to the buyer Not asking for the order Forgetting to sell existing customers

THE THREE MOST COMMON SALES MISTAKES

Page 30: Dayton Chapter of SCORE SCORE is a Resource Partner with the U.S. Small Business Administration. 1  : 937-225-2887

Successful and experienced Executives acting as volunteers.

National Website: www.score.org Provides useful information and

resources for small business. Email mentoring For information on upcoming Seminars

and Workshops –visit our website Dayton Website: www.daytonscore.org Focused Services

Free Mentoring One-on-one

Office: 937/225-2887

About SCORE

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