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-- Steven Neff, Principal, Signia Capital
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Coach

The Dirty Dozen!

12 ways sales professionals
screw up
sales meetings –
and how to fix them

  

 

Can you relate to this?  You’re looking across your desk into the face of a couple who would be perfect clients for you.  You know what you can provide is perfect for them and you’re 99% sure they will accept your proposal.  Then something goes wrong.  They walk, and you don’t know why.  Sound familiar? 

We’ve all been there, some of us more often than others.  Worse, many sales people will continue to face that situation, and not understand what continues to go wrong.  The good news is, as disappointing as those situations are, they serve as outstanding learning experiences.  They also provide rare opportunities to examine and improve the way we connect with our prospects and clients.  Over the past eight years, we’ve analyzed this exact, specific point in the sales process.  We now understand how professionals screw up sales meetings - and how to fix it.

We believe that you can’t fix something until you know it’s broken, so let’s begin with the 12 ways we screw up sales meetings and see how to fix them:

 

1.  Focusing on yourself

You, your product, and your company are only valuable to the client to the extent you can solve his problem or give him what he wants.  The client doesn’t want to hear your presentation of who you are, where you come from, what you value and what you do.  All of that is completely irrelevant to the client outside the context of his specific needs and wants.  Those are what the client wants to talk about.  Get to them quickly.  There really is one hard and fast rule: It's never about you - it's always about the client!   

2.  Talking too much

Nearly every sales professional falls into this trap.  You’ll be on a roll and realize that you’ve been talking for a long time.  Unfortunately, when you’re talking, you’re not doing the most important thing that is the critical to the sale – focusing on the client!   The safe rule of thumb for the ratio of listening to talking is 80-20.  If you’re in a meeting and find yourself talking more than 20% of the time, just switch to a question and be quiet.  In general, you might want to examine your selling process and look for ways to improve it.  Remember, the key to selling (actually any situation involving influence or motivation) is to ask questions and help people come to conclusions on their own.

3.  Not asking questions

Questions are the heart of an effective selling situation.  They serve two purposes:  1) The primary purpose is to involve the client and help him come to his own conclusions.  Often, that’s the conclusion you would have presented.  The difference is, if the client comes up with it, he believes it, but if you present it, the client doesn’t necessarily believe it.  2) The other role of questions is to elicit information that will help you frame your product or service inside the client’s criteria and values.

 4.  Asking the wrong questions

Some sales people ask way too many questions, or they ask irrelevant questions.  The client must perceive the questions as valuable and relevant.  The client must believe that your questions are important, and that his answers will enable you to create a better result for him. 

5.  Confusing them

Our research indicates that the most common way for sales people to screw up client conversations is by confusing the client.  Here’s how this happens:  you deliver too much information, use terms and references that aren’t familiar to the client, or you do a “data dive.”  Remember this – a confused mind will always say NO.  Confusion is uncomfortable and people don’t say yes when they’re uncomfortable.  Further, most people go into an analytical mind set when they’re talking with someone who is a professional in something they’re unfamiliar with.  The analytical mind set always says NO until it has gathered enough information to make an informed decision.

6.  Excluding the real decision maker

When you see more than one person across the desk from you, it is your responsibility to connect with each one.  At the very least you must identify the primary decision maker and address them.  Never assume you know who the primary decision maker is.  Too often in a situation with a husband and wife, the sales person will assume that the husband is the primary decision maker.  Big mistake.  Give equal attention to each person.

 

7. Claiming credibility rather than demonstrating it
Saying you know X or have Y credentials isn’t relevant to the client, unless you are able to show how those things help the client. If the client hires you to fix his Lexus, your degree from Auto Shop Academy is only of minimal importance. The real test is if you actually have the ability to be effective on high performance import cars. The best thing you can do is provide proof.

How can you gain credibility before you get to demonstrate it? Simple: Idea 1) Use the Law of Other Messengers. People believe what others say about you more than what you say about yourself. For example, provide a book of endorsements or display photos of you with happy clients. Idea 2) ask relevant questions to show your wisdom regarding that client's situation.

8. Not speaking the “language”
We honor our clients by presenting information in a way that matches their mental preferences and personality. If I am a visual person, it is your responsibility to recognize that and explain your product or service in visual way. If I prefer structure and a process, then it is your responsibility to provide the structure or step-by-step process. To be successful at this, it is vital for you to become proficient at reading your clients. (Our book Face Values was written to do exactly that.)

9. Making it difficult to work with you
Companies and individuals often lose sales because the process of doing business with them is too difficult. If you ask someone to fill out forms, provide scads of data or answer lots of technical questions, the value of the end result will be reduced proportionately by the hassle heI experiences in the process. And, if you collect lots of information, you darn well better use it. Remember, a person's time and energy are valuable to him. Anything you can do to make the process easy and painless increases your chances that he will initiate and complete the process. Here's a simple example: life insurance firms often deliver applications that are already filled out. "Simply sign here, please."  Make it easy for people to sign on the dotted line.

10. Not recognizing “hot buttons”

Clients give you clues as to what excites them or angers them. Good salespeople recognize both the negative and the positive “hot buttons” and respond accordingly. For example, if you’re paying attention to me, you will quickly see that one of my own hot buttons is someone telling me they know what’s best for me. If you do this before asking appropriate questions or actually finding out what I want, I’ll walk away and you’ll have an adversary, rather than an advocate. The key to recognizing this is simply to pay attention and read the client. (See Face Values)

11. Not showing respect
Once again, we go back to the hard and fast rule: It’s never about you – it’s always about the client!. You may assume I don’t know beans about MP3 players, electric cars, video cards or financial planning - and that may well be true. But, if you act as though I’m an idiot, you’ll lose me as a client and gain me as an adversary.

12. Being needy
We’ve all been needy at some point in our lives. We know what it feels like, and we’ve seen how other people retreat from us. Here at AboutPeople, we've done some fascinating research on the ability to read another person’s emotional state. Neediness is a powerful emotional state that is easily and quickly perceived by other people. When they sense it, they get suspicious of your intentions. Needy advisors do not focus on the best interests of the client. They focus on themselves and satisfying their own needs. They have to, it's simply how our human psychology works. 

So, the next time you feel the need to ask for a referral, stop.  Remember, when you ask for a referral, you display that you're needy.  Instead, make it easy and logical for the client to tell his friends about you. (Want to know how to do this?  Call us: 509.465.5599.)

 

In Conclusion
You can’t get to where you want to go until you know where you are. You can’t fix a problem until you know what the problem is. And, you can't fix the problem until you learn better skills!  What you’ve just read are the descriptions of the most common problems made in selling situations. The good news is, the solutions are simple, and when you implement them, you become a higher quality professional, attracting higher quality clients - and getting higher quality referrals! 

Your Reward
One of the major problems we see advisors make is failing to connect with the prospect.  This is so amazingly simple to do.  In fact, we wrote a book on it titled Face Values.  If you have not already read this book, you're most likely misunderstanding and miscommunicating with 75% of the people you meet. 

If you want to get a sample of what the Face Values program can teach you, call us.  Or, send me an email and I'll send you (FREE) a short class on how to read America's decision influencers.  These are the people who will most likely out live the decision makers and then inherit all that wealth.  If you can't read them and "speak their language," you're probably going to lose that business!

=========

AboutPeople book
Credibility & Likeability
 
to be published
by Morgan James of New York!
 

Over the past year, you've seen our articles on Credibility.  Many of them have been taken from our book titled Credibility & Likeability.  Great News! The book has been accepted for publication by the prestigious publisher Morgan James.  When it's released, you will find the book in all major bookstores across America.  Or, you can buy it directly from us once it is released. 

Until then, Pam and I will continue training and coaching this unique body of knowledge and the related skill sets.  If you'd like to learn how your branch or firm can gain this tremendous advantage, please give us a call at: (509) 465.5599. Or send me an email!

- Michael Lovas

InnerCircle

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9 Rules for Client Meetings

(from the client's perspective)  

  1. It’s always about me (the client)
  2. I need to be doing the majority of the talking (80-20)
  3. Ask only questions that help me come to my own conclusions
  4. Respect my knowledge and input
  5. Speak my language
  6. Don’t waste my time
  7. Don’t press my buttons
  8. Provide evidence you’re the person for the job
  9. Make it easy for me to do business with you