Zen
and the Art of Consultative Selling
Consulting to sell!
In
todays hyper-competitive market, mere selling wont
do. If you want to succeed, youll also have to orient
them toward consultative selling? What's the difference
between the run-of the-mill and a consultative approach
to selling? The consultative approach to selling is the
21st century approach that helps prospects to buy. There
are always a lot more sales for the sales rep-turned-consultant.
A
consultant makes calls and sales just like any other salesperson.
The difference is in his attitude, approach and commitment.
Anyone would agree that telling is not selling. Unfortunately,
most salespeople end up doing that. The only thing that
the prospect cares about is - Whats in it for me?
A prospect looks for someone who can solve his problems.
Hence, sales consultants should ascertain what
the prospects emotional hot button is?
What problem will the product serve to solve? What pain
will it resolve?
A
sales rep starts pitching right away, which is exactly what
he shouldnt be doing. The sales rep should first elicit
information about the prospect I will tell you everything
about my product/services. However, before I start, I want
you to tell me about yourself. He should record everything
that the prospect says. An important thing to remember is
that it is always better to ask non-threatening questions
first. After they feel comfortable, other sticky questions
can be asked. The idea here is to shift the prospects
attention from the logical to the emotional perspective.
Once this is done, it is easier for the sales rep to sell.
Reason: The logical side of the brain makes slow decisions,
whereas the emotional side makes impulsive ones.
This
does not imply that the logical side is ignored; rather
it implies that there should be a healthy mix of both to
avoid post-purchase dissonance or buyers
remorse. Research has proved that people buy based
on emotions, but they often back the emotional decision
with logic. Hence, all factual information should be provided.
The
ideal time for making a presentation is only after the above
exercise of questions and answers is completed. A sales
rep has to play the role of a doctor who listens to his
patient, and then prescribes a solution. He must also remember
to sit next to the prospect, and not opposite him in order
to make the prospect feel more at ease.
Throughout
the presentation, the salesman has to carefully observe
the body language, comfort level and the interest level
of the prospect, so that he can adjust accordingly. He needs
to focus on the benefits that the prospect had mentioned
earlier, instead of the product features. Doing so would
make the prospect feel that he is being provided personalised
service.
So
far so good! It is observed that many salespeople do very
well upto this point, but foul up thereafter. This typical
closing problem could be due to nervousness or an anxiety
to get done with it.
Closing
the sale is the most important step and requires careful
deliberation and planning. Consider this the sales rep could
say, Did I give you my fee structure, or how
my guarantee works? or Here is how the payment
plan works, but you will be given a refund if you are dissatisfied.
In all likelihood, the prospect will get converted to become
a customer.
Getting
the best from people is a fundamental part of the sales
managers responsibility. To fulfil this responsibility,
you have to pull every sales rep out of his "comfort
zone" at least once a year and expose him to different
perspectives and ideas about selling. Train him in consultative
selling to get the best from him.
Related reading:
1."Fifteen
tips for mastering the art of selling; Weinstein,
Bob; IT World; May 2001
2.How to use the art of consultative selling to sell
upto 10 out of every 10 prospects you meet with; Kay,
Brian; Leads 4 Insurance; 2000.
3." Discipline yourself and profit from the art of
consultative selling";Gitomer, Jeffrey; Small Business
Insights; 2000
e-Quips:
Salespeople don't hunt elephants but spend their time
selling elephants they haven't caught, for delivery as the
hunting season opens.