price is not the issue

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Post on 01-Dec-2014

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This fast-paced 2-hour seminar examines how customers think about pricing and value. It is crucial that a salesperson consider a customer’s thinking because it is in a customer’s mind that a buying decision is made or lost. It’s a customer’s thinking that a salesperson must influence if a sale is to be made. And a customer is not thinking about value. Basically, a customer is thinking about two things: “What do I have to pay and what do I get for my money.” It’s that simple. A customer is thinking, “Is it worth the price?”

TRANSCRIPT

  • 1. Effective Communication Seminars Ebby Halliday Builder Sales & Service Greater DallasHome Builders Association

2. Effective Communication Seminars

  • Sell to People the Way they Prefer to Buy
  • Listen to a Better Customer Experience
  • Balancing the Sales and Buying Process
  • Connecting: The Key to a Successful Buying and Selling Relationship
  • Discovery and Qualifying: The FineArt of Asking Precise Questions

3. Step One Step Two Step Three Step Four Step Six Step Seven Sales is a Process S A L E 4. Sell to People the Waythey Prefer to Buy

  • Pacing and leading
  • Language pacing
  • Body pacing
  • Speech pacing
  • Minimal cues
  • Eye Patterns

5. Balancing the Sales Processwith the Buying Process

  • You are always communicating
  • The mind and body are parts of the same system
  • Ride the horse in the direction its going
  • The person with the most knowledgewill have the most influence
  • The map is not the territory
  • The exception is not the rule

6. Connecting: The Key to a Successful Buying Relationship

  • Five Step Process
    • Attitude
    • Presentation
    • Rapport Building
    • Determining Needs
    • Time Strategy

7. Discovery & Qualifying: The Art of Asking Precise Questions

  • Curiosity and Sincerity
  • Precise Questions
  • Decision-Making and Need-to-know Conditions
  • Five-Step Process
    • Ask decision-making questions
    • Transition listening
    • Ask need-to-know questions
    • Listen for buying motivations
    • Repeat to verify

8. Building Value Price Is Not The Issue 9. Initially people have a very narrow focus but eventually they need to know everything. Raving Fans Ken Blanchard 10. Four BuildingValueBeliefs 11. Belief One

  • Customers Mentally Weigh Two Things

12. How much do I have to pay? 13. What do I get for my money? 14. Belief Two

  • Salespeople cant change the price of their product but they can change the value of their product

15. Price versus Value

  • Maybe a Sale

16. Price versus Value

  • No Sale

17. Price versus Value

  • Sale

18. Belief Three Salespeople make two fatal selling assumptions 19. Customer is aware of benefits 20. Customer is thinking about benefits 21. Belief Four

  • Features justify a price
  • Benefits justify a purchase

22. Demonstrating The Competitive Advantage 23. Four Demonstrating Beliefs 24. Dominant Buying Motivation

  • Convenience
  • Family
  • Investment
  • Prestige/Ego

Belief One 25. Dominant Buying Motivation Present Situation Desired Situation 26. Belief Two

  • Demonstrating is the art of connecting features and benefits to buying motivations

Family Investment Prestige/Ego Convenience 27. Belief Three

  • Products dont need arguments; products require demonstrations .

28. Belief Four

  • You can show more in 5 minutes than you can tell in 1 hour

29. Demonstration Process Four Steps 30. Step One

  • Ask questions

31. Understand needs, wants, what is important and dominant buying motivation. 32. Dominant Buying Motivation Present Situation Desired Situation 33. Step Two

  • Organize the presentation

34. Most people can consciously attend to a maximum of five to nine variables at any given time. 35. Step Three

  • Develop a presentation style

36. Buying Preference

  • Customers prefer to look first
  • Customers prefer to compare and contrast what they see to what they have in mind
  • Customers prefer to ask questions rather than answer questions
  • Customers prefer to eliminate
  • initially rather than buy

37. Strategy

  • Please make yourself comfortable,lookaround,comparewhat you see to what you have in mind.Contrastwhat we offer to what you have already seen or are thinking about. I will be here to answerquestions . Please do noteliminateus if what you see does not meet what you have in mind. We offer more solutions than what Im displaying here.

38. Practice! Practice! Practice! 39. Step Four

  • Build Value

40. 41. Building Value Process 42. Step One Discover what is important, listen for buying motivation Family, investment, convenience and prestige 43. Step Two State a Feature 44. StepThree Build aBridge 45. StepFour State a Benefit 46. Step Five Link to Buying Motivation Family, investment, convenience and prestige 47. StepSix Gain Agreement 48. Practice Makes Perfect

  • Dont commit to integrating a new idea into your daily sales process until you fully understand why its important to implement.
  • Practice the idea for at least 21 days straight.
  • Give full attention to each idea you are practicing. Dont just practice to practice. Have a specific intent.
  • Evaluate only the sales skill you are practicing at the time. Stay focused!
  • Make learning enjoyable.

49.