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Friday, 15 July 2016

My personal selling journey


The selling I recognize today is much different from the selling I thought I knew, a month ago. Selling, I believed, was an inborn gift. And with a sales course which required selling a real service to prospective clients, under the guidance of Professor Ramez, the true sales doctor, I started to see selling in a whole new light. I began to recognize it as a service, helping people, get what they want. And the salesman, as a benefactor who creates value to customers whether or not they are aware of a need. I now comprehend selling as reciprocity; realizing that it is more about giving than receiving. Through the three weeks of my selling journey, I have learned for a fact that in selling, the customer’s interest and the seller’s self-interest are inevitably woven together. And above all, that selling is an art that can be mastered with sufficient practice.
The secret to sales lie in seeing the world from the customers’ perspective. This demands the right research, ample analysis and proper planning before any customer meeting. To begin with, I need to identify and target specific customers my product caters to. Research involves anything and everything relevant I can find about the customer, be it their competition, location, origin, culture, consumers and clients.
In addition to customer focus, what is also crucial is my perception of the product; for the salesman is as important as the product itself. If I am not convinced that my product is the best or even had the slightest doubts or fear, my thoughts and beliefs would affect my actions and subsequent results. Also my perseverance and desire to perform, my choice of words, attitude, demeanour and body language plays a major role in my service being accepted by the other as trustworthy.
Another key focus in selling is to learn how to schedule meetings and to keep appointments. These meetings demand that I pay undivided attention to everything the other person has to say, honing my listening abilities in the process. This empathetic listening capacity is crucial to build long term relationships and also to nurture established associations. One such instance I can relate to in my selling experience is my conversation with the HR of a major engineering firm here in Dubai. Solely by listening, I was able to engage him and find out a Kuwait link, common to the two of us. This also got him talking in general about his university days and how he had to do his sales pitch to his neighbours to sell a similar product. This level of connect and rapport building works very well in sales and the golden rule of ‘the listener gaining most from a conversation’ played many a times in my favour. The more I got a customer to speak about not so relevant issues by establishing common ground, the more trust I built and more favourably they thought and spoke of me. Establishing trust takes the maximum amount of time, and this I recognized is the most vital part that affects the speed with which purchase decisions are made.
Once trust is established, then comes my opening. The IAB framework of Introduction, Appreciation and Benefit played a major role in setting the right expectations and grabbing attention of customers. A striking example when I failed to use the IAB framework effectively to my advantage was the opening with the lead from a major marketing firm in the region. When he set the tone that I had exactly 15 minutes to convince him, I found it difficult to think on my feet. Not only did I skip the introductions, but also failed to convey what’s in it for him. And making the customer believe that he has a lot to gain from the purchase is a must-have in any sales pitch.
 With effective openings in place, the next step is to identify customer needs so as to align the product benefits with the customer values. Finding out a customer’s needs is best done using the SPIN framework using Investigative, Dissatisfaction, Amplification and Benefit questions. Investigative questions include asking about facts or the customer’s present situation and these must be asked sparingly as it is the salesman who gets the most benefit from these questions. The focus must be on the customer and the objective is to use questioning that can benefit the client. Experienced salesmen go for dissatisfaction questions which ask about the problems and difficulties, that the buyer is experiencing with their present situation and that you can solve with your products or services. Once dissatisfaction is identified, ask questions about effects and consequences of a buyer’s problem. These are called amplification questions as they amplify the pain of the buyer and establishes a must have need. And the last category called the need-benefit question is the mirror image of an amplification question and this focus on solutions. For example if the customer is having issues finding loan on time, you could ask an amplification question by saying, ‘what are the consequences of not having the funds available when you need them? The same idea with the need-benefit question would be “What would it mean to you if you were able to have the money when you need it the most”? There was this instance with a CEO of a marketing events firm when I was able to amplify his must-have- need of requiring support hires even if there were headcount limitations. Once this must have need was established by amplifying his dissatisfaction, I myself could feel his interest rise in what I had to offer him.
 Also, it is important to introduce to the customers those specific features that can benefit them. Once the customer recognizes value, then comes the harder question of price. It is in sales that I realized that price is very subjective and would be acceptable to a customer in par with the value the customer associates that particular product with. Here, it is essential to avoid deleting, generalizing and distorting any information to suit my needs. This simply means the same product can be expensive for one person but must not be generalized as expensive for everyone. In short, I now can look them in the eye and explain that ‘something good isn’t free and something free isn’t good enough’. Hence it is critical to make the customer realize the value of the product even before any objections come up.
 When facing arguments, consider it as a request from their end to ask for more information and treat it like an opportunity and give valid answers. The LAPACC model of Listening to the customer, Agreeing with them, Probing them with a counter question, Answering them, Confirming and Closing worked very well for me. In the specific case of a major consumer devices firm, the HR argued with the service I had to offer. Sticking to the LAPCC model, I began by agreeing with her, then probed her and answered her question. I did not have to confirm, as it came automatically from her side. And the closing came naturally for me. It is here that I appreciated that people value more what they themselves conclude rather than what they are told. The essence of the LAPACC model is in that it tries to nullify the effect of objections and changes the mindset of the person who raised the objection.
 During objections, we may also come across different stakeholders that influence buying decisions. It is always important to meet the wallet holder who has the final say. This saves time, effort and energy in the selling cycle.
 Finally comes closing which takes the least amount of time if the above mentioned steps goes right especially ‘rapport’. It is essential to tailor your closing to the personality style of the stakeholder.
Some of the feedbacks which built my confidence during selling even more were “Excellent fact finding”, “Very valid questioning can use this to impress my boss”, “Questions made me wonder what I am doing here”. Other learning feedbacks including “Be more selfish less apologetic”, “Can improve on price negotiation”, helped me identify and work on what I need to improve. Few others were about effective eye contact, on perseverance in getting in the door and the follow up process. Another specific feedback was that she only agreed to listen to me because she felt genuineness. This further enforces the likeability theory in rapport building. Most importantly, the overwhelming share of positive feedbacks made me believe that I too could master the art of selling.
In addition to all that is mentioned above, I will do a few other things differently in sales and in my days ahead as a result of this course. I now, instinctively appreciate that I need to understand first before I seek to be understood. I now know that I have to do things what others might hesitate or skip from doing. I realize that learners are readers. I have resolved to read for an hour every day, turn over practical concepts in my mind and jot down key ideas. I also understand the difference between listening to respond and listening to understand. And listening itself is a skill required to shut out all the inner voices. I would listen to audio books while driving and try to make the minutes count. I will also learn to put first things first and prioritize both time and customers. It is also key to find a good balance between maintenance and growth activities by calling or visiting customers on the basis of the opportunity they offer. I should make every call to a customer only with a clear objective in mind and I need to remind myself to smile when I dial, and make them comfortable. I will keep my calendar ready in front of me and call expecting a yes always. I might have to spend more time with customers and in doing so look inward, and tell unique stories that only, I can tell them, to keep them interested. Answering questions about who I am, why I am there, what’s in it for them, how much time I plan to take and if they have any obligations, earlier on, will make them more receptive to me.
And In case I feel unclear and the conversation is not leading anywhere, I will probe with questions like “what makes you say that” or “give me an E.g.”. Also summarizing by paraphrasing is another way to get all the facts straight. While questioning, I will change from close-ended to open ended questions, avoid answering own questions or asking more than one question at a time. It is also essential that I stop answering my own questions. I would also try to think win-win and overcome relationship differences using communication, understanding and transparency so as to create mutually beneficial options. And I would attend other sales courses from time to time to refine my practical concepts because the first course I have attended has changed my life in more ways than I imagined it could have. Most of all, I understand that the learning process is continuous and practicing to improve oneself is an ongoing process.
These tiny details and face-to-face selling practice has gone a long way in transforming me from the meek, ‘will not be able to work in sales ever’ mindset to the assertive, ‘everything is possible when I practice’ mindset. It’s just that self-reliance and perseverance must be engrained in a salesman’s heart. I now believe that every result generated in sales is directly linked to the efforts the salesman puts in, rather than just his inherent abilities to communicate and influence.