nine secret elements of highly effective sales …...what separates top sales reps from their...
TRANSCRIPT
Nine Secret Elements of Highly Effective Sales Conversations(BASED ON 1M SALES CALLS)
Set the rhythm
Dictate the agenda
Use powerful language
Listen more
Have natural conversations
Address competition early on
Sell in teams
Talk value, not features
Focus your demos
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The highlight reel
How did we get this eye-opening data?
What does this mean for sales teams?
The nine
Recap
About Gong
Table of Contents
9 SECRET ELEMENTS OF HIGHLY EFFECTIVE SALES CONVERSATIONS
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What separates top sales reps from their average- and low-performing peers?
Here are the nine things they do to ensure effective sales conversations:
They set the rhythm for the call by
getting prospects to mirror them.
Great sales conversations
That’s the most decisive separator.
There are very few other differences in what successful, average, and poorly performing reps do. They send
similar follow-up emails, work similar hours, and have a similar number of discovery calls and demos.
In other words, a top rep’s success lies less in what they do during their sales conversations.
Add each of these elements to your sales conversations until you’ve mastered all nine … and watch your sales
numbers rise!
The highlight reel
They dictate the agenda of what’s
discussed and when.
They use powerful language that
prospects associate with success
and authority.
They listen more and talk less.
They have natural conversations
with plenty of back and forth.
They address the competition early.
They sell in teams.
They talk about value, not technical
features.
They focus their demos.
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How did we get this eye-opening data?
What does this mean for sales teams?
That’s right. Using machine learning and conversation intelligence technology, we recorded, transcribed, and
analyzed 1M sales calls. At Gong, our research team focused on the words, timing, pitch, sentiment, and tone
that top sales reps use. We analyzed every element of a sales conversation that could be analyzed.
We pulled hard data from those conversations to discover what works and what doesn’t. That’s how we
detected the nine most important elements that set star performers apart from their peers.
This data matters.
Why? Because every sales representative can replicate the nine elements of highly effective
sales conversations, and boost their sales numbers.
Everyone on the team can function more like their top-performing peers when they know exactly what to do
during sales conversations.
The nine elements are easy to understand. With a bit of practice, anyone can master them.
What does that mean for a sales team? It means that an upward trend in the entire team’s sales numbers is within reach.
We analyzed 1,000,000 sales conversations.
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The nine
Where are you?
If you’re not in that top 20%, wouldn’t you like to crack the code on what makes that top-tier group so
outstanding? Are they naturally gifted salespeople? Are they all master rapport builders or great negotiators?
Those last two are popular theories among sales managers. Neither is true.
The truth is, what separates top reps from everyone else are the practices they use during sales calls. There are
very specific techniques and behaviors that increase their chances of a win on every call.
Let’s dig into those so you can start to use them too.
Star performers usually make up approximately 20% of a sales team. Another 60% have average numbers and the last 20% are poor performers.
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Set the rhythm
Our analysis of 1M calls turned up some surprising
findings here!
Have you heard of mirroring? It’s a common technique in
which salespeople subtly imitate their prospect’s way of
speaking. The belief is that if they imitate the prospect’s
tone, talking speed, or certain words, they’ll seem more
familiar and thus more trustworthy.
It turns out to be wrong. The top sales reps use the
opposite approach to get results. They get the prospect
to mirror them. Here are a couple of examples of how
that happens:
Talking speed
On average, top sales representatives’ prospects adjust their talking speed by 13% within the first three minutes
of a call. Meanwhile, the average sales reps adjust their talking speed by 7% in order to mirror their prospect,
who often barely changes at all.
Star Reps Prospects
200
175
150
125
100
Wor
ds/m
inut
e
Call duration
5 10 15 20 25 30 35
It turns out, the top
salespeople don’t mirror
their prospect’s way of
speaking. Instead, they get the prospect to
mirror them.
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Sentiment
We qualify sentiment as whether a person uses positive or negative language. Again, top reps don’t adjust their
word choice to match their prospect’s positivity or negativity; they let the prospect become more or less
positive to align with their language.
Sent
imen
t
Call duration
0.6
0.4
0.2
05 10 15 20 25 30 35
Star Reps Prospects
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Dictate the agenda
Pricing
When you bring up pricing is particularly important. It’s one of the most loaded parts of a sales conversation.
Here’s the skinny: Star reps talk about pricing late in the call. For example, on a one-hour call, they wait until
three-quarters of the way in. By contrast, average reps talk pricing at the 12 to 15-minute mark. Top reps
establish the value of the product first, and the upshot is that the prospect is more likely to agree to favorable
terms.
The timing of when you raise certain topics can influence the
success of a sales call. Here are two examples of how that
plays out.
It’s not only what
you say, it’s when you say it.
Call duration38 - 46 min
window
Star Reps Average Reps
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Next steps
Percentage of Call Discussing “Next Steps”
Winning sales reps also spend almost 13% more time at the end of their demo on next steps. They confirm how
they’ll move the project forward, which is critical to confirming buy-in. And buy-in is the difference between
hosting a sales call and actually making a sale.
Average Reps
Star Reps
0.00% 2.50% 5.00% 7.50% 10.00%
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The prospect’s name: Who doesn’t love the sound of their
own name? It makes prospects feel important and
respected.
Imagine: This word conjures up possibilities and
increases the prospect’s desire for the product.
Successful: Everyone wants to succeed in their job, so
this word is very compelling to prospects.
Decisive language: Words like “definitely” and “certainly”
demonstrate confidence and give you an air of authority.
So do brief and definitive phrases like “we can do that.”
They let the prospect know that you have the authority to
make decisions and promises, and that’s an appealing
characteristic.
High-performing reps use the following words on their calls:
Use powerful language
Not all words are created equal. Some have the power to
trigger feelings of confidence, comfort, and trust … all of
which help get a prospect to “yes.”
Finally, risk-reversal language puts prospects at ease.
When you take away risk, you’re more likely to make a sale.
For example, saying “We offer a 30-day, no-obligation trial”
or “You can cancel at any time” improves win rates by up
to 32%.
Imagine
You can cancel at any time
Successful
Certainly
Definitely
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Top performers have a
46% to 54% talk-to-listen
ratio, meaning they speak less than 50% of
the time.
Listen more
We’re talking therapy-grade listening skills, here.
You have to listen if you want to sell at the top of your
game. How do you know if you’re listening well? Check
your talk-to-listen ratio.
Average performers talk for up to 68% of the time and
low performers speak for 72% of the conversation.
What can be gained by listening more intently? When prospects talk more, you learn valuable information and
forge a connection. Listening more also keeps you from rambling or, even worse, talking yourself out of a deal.
Don’t jump in too soon when your prospect pauses. Leave at least one second after they finish speaking to be
sure they’re through. They may start talking again just to fill the silence, offering up more valuable information.
STARREPS
AVERAGEREPS
BOTTOMREPS
Talk Listen
46% 54%
68% 32%
72% 28%
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The call isn’t a checklist
you have to get through, a
“pitch,” or an interrogation.
It’s a dialogue.
Have natural conversations
No one likes being on the receiving end of rapidfire
questions, especially when they’re trying to get to know a
product, rep, or company. Prospects want to have a deep
and rich conversation in which they feel heard, their
problems are surfaced, and solutions are offered.
That can only happen when there’s a healthy ebb and flow
between the speakers. It’s a simple rule: Take turns.
Top salespeople know it works. When reps and prospects
take turns speaking, the chances of a second meeting and a
sale increase.
Ask questions throughout the call instead of frontloading them at the beginning of the call. When you do, there
will automatically be more back and forth in the conversation.
Que
stio
n Fr
eque
ncy
Call Timeline
STAR REPS AVERAGE REPS
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A deal is 49% likelier to close if you discuss the competition early in the
sales process, rather than
later or never.
Address competition early on
It’s a talking point many reps dread — the competition. Some
put it off completely and others wait a while until they feel
secure about their chances with a prospect. They’re both using
the the wrong approach.
That may seem counterintuitive, but when you tackle the
question of how you stack up against the competition early,
you influence the prospect while they’re still forming opinions.
By the time they get to yes, they’ll already have forgotten
about the competition.
If the competition is discussed in the middle or at the end of
the sales cycle, the odds of closing the sale go down.
Simply asking, “Who else are you considering?” early puts you ahead of the competition.
0.7
0.6
0.5
0.4
0.3
0.2
0.1
Succ
ess
Rat
e
No. of Competitor Mentions
0 2 4 6 8 10 12 14 16
Early Stage Late Stage
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Close Rates
Team selling is
shockingly effective at
raising close rates.
Sell in teams
The data we uncovered here is astounding.
Having just one sales call with multiple participants from your
company makes you 258% more likely to close a deal than
flying solo during the entire sales cycle.
That’s why top-performing salespeople recruit others to join
them on sales calls. Who they recruit is less important. It can
be their CEO, sales manager, sales engineer, or another
stakeholder.
By having multiple people from your company on a call, you’re telling the prospect that they’re important and
giving them even more chances to understand your product and your company.
OneParticipant
MultipleParticipants +258%
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Time Spent Discussing Value-Related Features
Return on investment
The prospect’s pain points
The prospect’s business challenges
Project agendas and timelines
Prospects would rather
hear how they’ll benefit from a product than
understand its techie
features.
Talk value, not features
That’s why you need to talk less about a product’s features
and more about the end result the customer will achieve.
Star reps spend 52% more time talking about value-related
subjects than average performers. That’s a significant
difference. Here are some examples of what we mean by
value-related:
Top reps also spend 39% less time than average reps talking about technical topics and features.
Average Reps
Star Reps +52%
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Questions Received from Prospects During Demos
Star reps give their
prospects just enough
information to spark
curiosity and provoke
questions.
Focus your demos
Star reps don’t water down their demos by packing in every
feature they can.
When prospects ask questions, they’re engaged in learning
about your product. They’re also doing you the favor of
pinpointing the topics that are guaranteed to engage them.
That’s exactly the kind of information you can use to tailor and
focus your demo on the fly.
It’s not surprising then that top-tier performers get 28% more questions from prospects during product demos
than middle-of-the-pack performers. How do they do it? In part, by asking 30% fewer questions of their
prospects during demos. That leaves space for the conversation to go back and forth, and prospects can ask
about what’s really important to them.
Average Reps
Star Reps +28%
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Set the rhythm
Dictate the agenda
Use powerful language
Listen more
Have real conversations
Talk competition early on
Sell in teams
Talk value, not features
Focus your demos
Recap
If this all feels like a big shift for you, tackle one or two elements at a time during your calls. When you’ve
practiced them and they feel natural, add another … and another … until you’ve mastered all nine.
Here’s your checklist. What will you do on your next sales call?
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Contact
1200 Park Place #100, San Mateo, CA 94403
Gong.io is the #1 conversation intelligence platform for sales teams.
It automatically records, transcribes, and analyzes
your team’s sales conversations so you can drive
higher quota attainment across your organization.
About Gong
While this ebook will jumpstart your sales team, each of these nine elements are general industry best
practices.
Your company is going to have its own unique blueprint of a successful sales conversation.
We can help show you what that is so you can replicate successful sales conversations, coach your
middle-of-the-pack reps, and ramp new hires faster.
Connect with us to learn more by requesting a demo
REQUEST DEMO
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