7Aug/095

6 and a Half Crucial Mistakes to Avoid When Selling

Here are 6 and a half mistakes I have seen salespeople make. We are all guilty of some of these. However, I hope that this list will serve as a reminder to help you from engaging in the following mistakes.

  1. Never quote price to an unsold buyer. Far too many salespeople fall victim to the urge of quoting price prematurely. Until you have defined the prospect's or customer's issues and presented a solution that is on target, your price will be perceived as being too high because you have not established value. To create value, you must first understand what your prospect or customer perceives as valuable. Address their pressing business concerns and issues, then receive buy-in that you are on target and that your solution is agreed upon before you ever present your price.
  2. Zip your lips and listen. Telling is not selling. Ask your prospect well-thought-out questions that will allow them to express their situation and then LISTEN to the answers. Don’t be tempted to tell them how you can address their situation until you uncover all the reasons they may buy from you.
  3. Be prepared. Nothing is worse than to be in front of a prospect, reach down for your materials and realize that you are missing a crucial piece of information. Take the time before your sales call to check and recheck that you have all your needed materials. This will prevent uncomfortable, embarrassing moments and put you in the situation of making excuses in front of a prospect.
  4. Stop the small talk: Our research has shown that 75% of all prospects find small talk to be negative. I’m not saying you shouldn’t warm your prospect up with initial pleasantries and a proper greeting, but talking about the trophy on their bookcase or the fish on the wall is not going to be well received. If your prospect wants to engage in small talk they will initiate the conversation. Otherwise, stick to your reason for meeting and clearly define your objective to the call.
  5. Don’t under-dress. I can’t tell you how many times I’ve heard a decision maker laugh at how a salesperson appeared when they entered their office. Wear the appropriate dress for the occasion. Your attire will convey the message that you are a business equal and not an unprofessional salesperson.
  6. Avoid failing to take the active steps to build rapport and establish trust. Learn the techniques for building rapport by matching your communication style to their communication style. Trust comes as you do what you say you are going to do. Don’t tell a prospect you will call them back and then forget to do so.

and one-half …

Don’t forget the following formula:

Knowledge + Effective Action = Phenomenal Results

If you truly want to be successful you have to constantly be a student and learn to be a master of your craft. Once you know what needs to be done, you have to take the right actions if you want to receive results. Sitting around thinking is not going to produce anything but a starving thinker. Be effective and efficient. Have a clearly-defined strategic plan and then take the actions necessary to implement your plan.

Submitted by:
Tony

Comments (5) Trackbacks (0)
  1. Great posting Tony.

    For me, many sales people reveal the price too early on in their sales interaction.

    You need to build the value first so the prospect is building up a mental picture of what it’s going to cost in their mind. You build the value, build some more and then when you reveal the price, if you’ve done an awesome job the amount is far less than what the prospect had in their minds.

    And when that happens it’s KERCHING!

    The Sales Jedi
    May the Sales Force be with you!

  2. very informative post, i would like to share some thoughts by Alec Lehmann, who explains, if you are in front of a client that clearly needs your product and you can provide that product better than your competition and moreover you believe in it then you really only have to present those points.

  3. Tony,

    I have been in sales for more than 20 years and over the years I have
    used (and forgot too use) these valuable tips.

    Great information.

  4. Tony…agree with everything, with one caveat. When still assessing whether the prospect is truly a “qualified prospect”, you may need to quote a price early on to see if they are truly worth spending time on. I ask early on what their “mental budget” is (much softer than a “fixed budget” by the way), and if they have no idea, then I’ll probably throw out a range (or ballpark pricing) to see if we’re talking the same language. I want to minimize sticker shock with prospects that are potentially looking at our services for the first time. No point in spending hours on a proposal for $10,000 worth of services, when the prospect is thinking that $1500 should cover what they need.

  5. Stop the Small Talk is a very good point. Far too often salespeople try to “make friends” with a prospect. Being friend with the person is great if the relationship evolves that way. More important is acting in a professional manner, providing a quality service the client needs at the best price available. Being a great vendor first… and friend second…

    Ryan H.


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