Transcripts
1. Introduction: In today's extremely competitive
business environment, having any advantage over
the competition is useful. One of the most important
tools that company can have to ensure that they
stay on top of the game. Is a strong seed,
steep, a well-equipped. And again, sales team can
generate new opportunities, which can lead to huge
returns for the company. The better train
your sales team is, the better it is for yj.com. Welcome to Fundamentals,
sales skills screening, VSTS, superview, the benefits of
sales training, our menu. Some of the benefits that a good sales
training can provide are good victim on investment. Sales training can improve
your productivity. It helps in building
brand loyalty, contributes to business
growth and success. It optimizes
customer experience. Illustrating can help improve employee communication skills. It makes our sales staff more knowledgeable and aware
of the market trends. It increases leadership and
people management skills. And last but not the least, it helps in building
resilience in your seal steam. This phosphate sales
training course will enable you and
your style to pin pleasure into their
interaction with lines so that the purchase occurs
in a win-win situation, allowing the client to walk
away, feeling understood. The topics that we will cover in this lecture series star, what is the scene
and what effects the customer buying decision? The skills when need
to VSTS explode, creating a rock solid
salesmen mindset. Understand the nuts and bolts
of a complete sales cycle. Identifying the different
types of customers. The subtle art of asking
the right questions. And last but not the least, how to build a long-term
relationship with your customer and vendor
pool of loyal customers. Whatever you reading far, grab this opportunity and
let's jump into the course. I'm super excited
to see you inside. So let's get started.
2. 1 What is a Sale?: Let us start off our lecture
series with a small CO2 we'll now says is an
outcome and not a goal. It's a function of doing
numerous things, right? Starting from the
moment you target a potential prospects
until you finalize a deal. Let us start off this
lecture by understanding, first of all, what
exactly is a seed? Now by definition, a
sale is a transfer of enthusiasm from a
salesperson to a prospect. And we will understand
it more clearly once we understand the
customer buying cycle. Now the buying cycle is
a very familiar concept. A user recognizes they have
a need and set out to find the solution which culminates in the purchase of a
product or a service. While many variations of the exact names of
the stages exist, the cycle generally follows an easily recognizable format, like the one outlined on
the image on your screen. Let's understand these
stages one-by-one. Need analysis. At this stage, your potential customer is more likely to be
Googling broad terms around their top concerns
to identify the key needs. Exploring options. Now, once the need
recognition has occurred, the research stage
actually begins. Through this particular process. The potential
customer is looking for the best way to
meet their needs. Can they fix the
problem themselves? Do they have a
product or service? Will this be a onetime
purchase order, reoccurring engagement,
eliminating doubt. Now, that isn't the simple
process are answered for how customers evaluate
different options. It just depends on
your personality, lifestyle, and the situation. They may make the buying
decision based completely on impulse or on other factors
like price or online reviews. With this in mind, they may have their own set of questions and doubts and
a successful handling all these elements will move them to the fourth
stage of buying cycle, and that is decision-making. Now it is at this
particular stage where the buyer is finally
ready to make a decision. The consider the research and the alternative options and narrowing on the best
possible choice. It usually comes down to
the anticipated benefits, the product, the
service or skill will offer, or any others. So it is evident that do master
the art of salesmanship, one has to understand the
psyche of the customer. And as these questions to self, assuming you are the
client without to purchase your
service or product. The need analysis stage, you should ask questions
like, what did you buy it? Where did you buy? At the exploding stage, one should ask questions like, Where did you buy it from? Why did you buy it from that place or that
particular shop? You do it, explore some options before buying what you want. Did you explore some
alternative products? Eliminating stage one
should ask questions like, did you ask any
questions before buying? Where all your questions
answered to your satisfaction? The decision-making stage one
should ask questions like, did you make the
bargain on the price? Did you buy the
product outright?
3. 2 How to be an Expert?: Section two, how to
be assertive expert. Now, wouldn't it be
great if there was a silver bullet that would make you more successful
in your sales effort. One thing that you could do
to really boost your sales, I hate to disappoint, but the reality is that
is no silver bullet. Sale success takes hard work and commitment along with
scale and savvy. While there is no one thing
that will work for you, there are a number of
things that you can do to help boost your sales. It would all success. You can start off by
using the following tips. Be a role model. Now one of the
most important but least defined aspects of being a good salesman is to provide a role model for success
that inspires salespeople. After all, people
learn by observation, your people watch you and
mimic your behaviors. Therefore, if you
want your team to demonstrate specific
behaviors and attitude, you need to take the lead
and show it to them. If you wanted to be a
positive role model as a sales leader, you must practice
consistency, fairness, and Parliament, cut edge,
vision and motivation. When I talk about consistency, what I mean is be fed in your treatment to
your team members. Work with them to
set meaningful, attainable personal
standards as part of your goal setting and
performance review process. In parliament means giving
your team members some of your authority and autonomy
without giving it all of it. As a sales leader, you still hold the final
responsibility for what happens within your department and you make the most
tough decisions. Always have the courage to save the difficult and tough things with openness and transparency, however much you empower
your team members, you must lead the team
effort to create and pursue a vision of your team
and your organization. This passphrase, sales trend is an umbrella
term that basically indicates a pattern related to
the sales of products or lack thereof within
a specified timeframe. Cl strain can cover any length of time and any
number of products. Microtrends might only last for a few weeks and focus
on a specific product. Larger macro trend could
play out over the course of a quarter and retyped to an
entire line of products. With that said, the
most important aspects of sales trend is what they can tell you about your market and your
customers desires. Tracking sales trends
allow you to stay on top of the game and ahead
of your competitors. And it also helps you keep
your customer base happy by offering them the
products they are most interested in purchasing. Know the current trends about
your product or service. You must believe in the
product that you're selling. If you don't love your product, your customers will actually
send it immediately. Also, you have to
learn the business inside and out because
most people can quickly detect
when a salesperson doesn't really know
their stuff well. This makes it much easier to approach them because
you can immediately point out how you can help them either make money or save money, which is ultimately what drives their
decision-making process. If I haven't said it enough, being a lifelong
learner will help you improve your sales skills. The CLC industry is continuously changing due to update and
technology and culture. To continue being
a sales expert, it's important to also read
a lot of articles and books, listen to podcasts, and be engaged in your
work all the time. Predict the future. Stellar seats person
who has researched the past trend and is
on top of the game with the current
trends can really be a game changer for the
future of the company. While you might think, you know what your top
selling items are, unless you are in the store every day to see
what's selling and when there's a good chance that your intuition
might be wrong. Fortunately, your POS is the one
consistent staff member you have that keeps track of everyone and everything
that goes on. With accurate info. You can more strategically
decide what to promote, what to stop, and what to
cut off from your ships. Also keep a close
eye on the sales it, because sales reports can help you prepare
for your future. If you notice a trend
that only takes place during a certain
time of the year and you can make sure that your
inventory is setup accordingly to avoid
any future problems. For example, if you
see that a product a was selling well at the
beginning of the year, but sales have seen slow
down after some was kicking. You can put them into
storage for now. Next year beginning
would be the right time to put them all over
again on your shelf. Similarly, when you
see sales slowing, you could set up a special on sale rack dedicated
to the products. Who are dwindling in sales
figures to move the inventory now rather than hope some product will be
popular next year? No, your product. Every salesperson should have an extensive understanding
of the product. Down to the smallest feature. Nothing erodes trust more than salesperson who doesn't know
how to answer the question. As a sales person, be sure
you do extensive research on the product or service
you're selling before reaching out to
a potential customer. However, if you're
asked a question that you really don't
know the answer to. Be honest and go and
find out dancer. The only thing was then having no knowledge is having
incorrect knowledge. Know your competitors, nobody has strengths and weaknesses. I'm going to re-emphasize
on the point that you must believe in the product that
you're going to sell. If you don't love your product, your customers are going
to sense it immediately. But a good salesperson
also knows the products and services which are
offered by its competitors. He also knows the equality and how they differ from
body you out offering. Knowing who your
competitors are and what they're offering can
help you make your products, services, and
marketing standout. It will enable you to set your prices
competitively and help you to respond to rival
marketing campaigns with your own initiatives. Learning about your business in relation to the competition, it will broaden your knowledge about your target audience and industry so that you can refine your business
strategy in future. Knowing about your
competitors will help you to communicate
with your target audience, distinguish your business
from the competitors, improve your processes and navigate challenges
in your market. Always have a pulse on your competitor's
strengths and weaknesses. Yes, you want to beat
your competition, but ultimately you want to
best serve your customers. Therefore, you should know what your competitors strengths. What do your customers
like about them? For some things that
customers really liked, you may want to
offer those two or something similar
or at least better. You have your own offerings. But the addition of something else that customers really like, maybe enough to win them over. In addition to knowing where
your business can improve, you should also know the
weaknesses of your competitors. First, because many of your own strengths
come naturally to you. You don't always realize
that you have them. Knowing your competitors
weaknesses may help you identify your own
strengths as well. At some other times, your competitors will have
weaknesses that are strengths. You know that you have. Knowing the weaknesses
that stick out to people can help you determine which strengths to highlight in your marketing messages
and campaigns. Being clear and concise. Whether you're talking with
your lead through email, via phone or in person. Great communication is one of the primary skills
of a salesperson. Great salesperson is
a great communicator, but it doesn't just stop
at verbal communication. You also need to
take into account your overall speaking
tone and body language. Along with strong
communication and confidence, being wise with
your time is one of the primary skills of
a great salesperson. It's important to manage
your time with right leads. Long and time-consuming
pitches with an interested prospects can waste a substantial
amount of your time. Great salesperson, a very
strategic in who they reach out to in addition to ending their first sales call with
a call to action. One skill that will make you
stand out in the crowd of a salesperson is being
an adult storyteller. Many potential clients
may have already been approached by multiple vendors
that are similar to you. By telling you a story about your product that relates
to your audience, you'll be able to
make the benefits much more real and impactful. Last but not the least,
a statesman mindset. Even the best basic
sales training make an average seller out
of a complete noise. But what truly sets the best salespeople
apart from the back? The answer is their mindset. How they fundamentally
identify with their product and
their sales process. Starting with the
right mindset is an exceptionally important step in becoming an
effective salesperson. Find your own fundamental
connections with your customers and products and set yourself
apart from the back. In the next lecture, we will focus on how to build a rock solid salesmen
mindset to be a stellar performer
of your organization.
4. 3 Mindset is the Key: Mindset is the key. Now we've all been there in the middle of a sales call
and you start rambling. You only realize it after you've been going on for a few minutes, you start kicking yourself and you tried to
focus on the topic at hand and wonder why you always have trouble
sticking to the topic. You already that the
client is board and then question whether you
brushed up the coal. That kind of critical self-talk distracts you from the task at hand and may lead to a bad sales call that doesn't really
get you the deed. Your seats mindset is directly connected to the effectiveness
of your ceiling. Be curious. Every good salesperson I've
ever encountered is driven. They have a strong work ethic
and a high-energy level. They work harder and
longer than the appears. When the economy is book. They're still out there
pounding the pavement. And being an investigative
journalist, in my mind, the best representatives have that innate curiosity
about their customers, the other industry
and the business. They also know what
their competitors are doing and how they can leverage on the strengths
and weaknesses and use it to their own advantage. You always want to find out
what makes things stick, what's going on with
their customers. And they tried to
understand how to help them make
their life better. Know how you can help great sellers understand the why of the product or the service. The reason for your
product or service maybe less obvious and is
often overlooked. But it's critical. Overall, this means understanding
what your product or service does to help your
customer is very critical. This is often bashed as your unique selling
point and it's poorly defined by some as the boating list of product
or service attributes. However, those with good
sales mindset go beyond this. That actually the key
drivers that motivate people to choose a particular
product or service, work out which applied to your customer and eat
them in the app pitch, what do your customers
Media Services quickly, then stress how fast your
turn around times or do they need it better quality than work to ensure that
you provide it? Do they need simple ways to do something and eliminate
the complexity? As it is shown, once you understand what
your customers one, you can always work on it and that will help you boost
your sales further. Be a problem solver. In my experience, the best seats people are the ones who understand the
customer's problem. Take the time to really
understand the appeal, the impact that the
problem is having on them, as well as on the organization and how they can help solve it. Then they develop a solution
that is aligned much like a consultant who would do
in a consulting engagement. Often consultants make
great salespeople. When they take that transition, they already
understand how to ask questions and how to
dig in and learn about the problems so
that they can find unique solutions to
solve those problems. Never compromise your integrity. I've always believe
that telling the truth is the best policy in business, especially today, it's a must. A few years back, there was a study
that was done on 341 people from
different organizations. Purpose was to determine
what separated the top producers from
the average produces. When the study was finished, the results were startling. It was not skilled knowledge or charisma that divided the body. They're different scheme
out as 100 on his team. When customers trust
the salespeople, they buy from them, big trust. Trust is a fundamental part
of a good sales mindset. Clients simply won't buy from anyone whom they don't trust. To cultivate your
customers trust. Don't sell a solution that's not in customer's best interest. Don't misrepresent your
products or services. I don't promise anything
that you cannot deliver. If a problem develops, don't seek to place the
blame, just fix it. If you make promises,
then keep them. Also always tell the truth. If you have bad news to deliver, don't try to hold it back. The chances are the
facts will come out in the end and then you will
lose the critical across it. Be a good listener. The art of listening is a fundamental part of
the sales mindset. Often people are so busy selling themselves
and their products or services that they forget to listen to their customers
in first-place. However, understanding the customer's needs
is very critical. Those who can learn to ask
great questions and then shut up long enough to understand what the
customers getting ADD, going to help position
themselves for future success. Again, the counselor
is there to help understand the issues
and ask questions, but not to do all the
talking, provide dancers. In one of his books, Dale Carnegie has clearly mentioned that people
will like you a lot more if you're
interested in them than if you tried to get
them interested in you. Also, Stephen
Covey's in the book Seven Habits of Highly
Effective People have said, seek first to understand
and then to be understood. Grid at the end of
the day says takes tenacity and hustle and sometimes even take
skin to be successful. We want those people who are willing to take on
that challenge. Who rise to that challenge? An organization looks
for those who have a history of exhaling under
different circumstances. Maybe not necessarily
in sales pitch, but in those situation where they have demonstrated
that grid, that passion and the perseverate and stewards
a long-term goal. Accept failures and feedbacks. Sometimes despite
your best efforts, you won't clinch that seed. Sometimes it's what you are offering isn't right for
your perspective client. In developing a
positive mindset, it's important to see such setbacks as a part of
your long-term sales strategy. The Gere is to keep trying. Don't lose your
enthusiasm and passion. And remember that even
the most successful of entrepreneurs has had
their share of setbacks. Your attitude, not your aptitude will determine your altitude. Success is 90% meant it. You can alter your life
by altering your mindset. In tough economies, it may not be your fault
for going down, but it is certainly your fault. If you're not getting up. You have to be a believer
to be an achiever. Last but not the least, developed a test for
self-improvement. You don't go to school
once for a lifetime. You are in school all your life. That is true for sales as well. Sale superstars are constantly
working to become vector. They take courses,
they read books, listen to audio
tapes and podcasts, and inhale everything that
will help them improve. Bottomline, a salesperson, a
good salesperson explains, and a CL superstar demonstrates.
5. 4 The Sales Cycle: The sales cycle. Now since are the key to
the health of any company, slow or inconsistencies
present a threat to have video existence of your business regardless of the
size of your sales, was to ensure that your
business grows and drives. It's important to provide your sales rep with a
well-defined states process. The stages of five-step
process, our greeting, qualifying customer,
presenting, objection, handling, and closing the scene. Let's look at these steps
one by one in detail. Greeting. While opening the sales call. Create a good
impression and smile. Greet, introduce yourself and your organization and make the
customer feel comfortable. Customers always buy three
things in this sequence. First by you, then
divide the solution, and finally, they
buy the security. During the initial contact, rep should begin by introducing themselves and explain
why they are calling. But has the lead showed interest in your product
or service during a confidence or a friend or a colleague referred
them as elite. Giving them this
information will replace the amendment and provide
the context of the outreach. Once the stage is set, it's important to start
building a rapport, established mutual interest by initiating positive and
genuine conversation. This helps to make the
prospective customer comfortable and more willing to discuss
their needs and interest. Qualifying customer. The qualification
stage is to confirm that your prospect
is ready and willing and able to buy your
product before you spend a lot of time
trying to pitch to him. To discover the prospect's need. Reps need to have a series of standard questions prepared
always beforehand. Normally you don't want to waste your time on
unqualified prospect. You should have a
basic qualification at the time you get the lead. How am I doing your appointment? You will want to
qualify them photo. The qualification stage
is to confirm that your prospect is now ready
to purchase your product. That means they have shown an interest in what
you're selling. They have the
resources to buy it and have authority to
make the purchase. And as mentioned earlier, to discover the prospect's new, one needs to have a series of standard questions
prepared beforehand. This will prevent them from
forgetting to ask about any important details while
guiding the conversation. And plus this also
makes them look more professional to the
potential customers. These questions should
be open-ended to encourage the prospect
to talk to that's needed to make sure that
the listen mode than this peak at this point
of the sales side. Presenting. The presentation is the
code of every sale cycle. And it's probably where
you'll invest your most time. Presentation includes
introduction, understanding the
prospect needs, and ultimately
explaining the features and benefits of your products. As mentioned, the
presentation is the good of every sale cycle. Keep in mind that you're not
just selling your product. If you're selling how
your product will solve your customer's problem, you're also selling
yourself as a person to trust when it comes to finding a solution for your prospect. You represent your company. So appearance also comes
dressed for the occasion. Presentations might also involve a dual product demonstration. Videos, powerpoint
presentations on letting the customer actually
look and clean the product. At this point, the customer is using the information
that is being shared as a part of his
evaluation process. Some tips that I would like to share with you at this point are always keep your customer in mind while giving
your presentation. Customers should
feel the product. They should understand how it will make their life better. Always give them options. If you have, don't give too much information in
one goal, go step-by-step, understand the
customer's psyche, understand what is
he looking out for, and then give those
features that will help him solve these
problems one-by-one. Know hand-outs during the pitch because that will distract your customer value are presenting your
product or service, the customer will
constantly keep looking at the catalog
while you're trying to explain the benefits of your products and
services? Objection. Handling. Doubts are the
milestones that bring you and the customer
closer to the sale. Good salespeople look at
objections as opportunities to further understand and
respond to customers needs. After you've medial
seats presentation, it's naturally for
your customer to have some hesitations or concerns
or some objections. Good salespeople always look at objections as opportunities. Remember, objections can
actually be a positive sign because they mean
that your prospect is interested in what
you're offering. Prospects will not ask questions
or indicate constants. Unless they're
considering buying, that are usually a
limited number of regarding objections
for any given offering. Keep a record of these and what responses are the
best to address them. Sharing this information across your sales team will ensure
that you are apps won't be caught off guard by
an objection when they actually arise
during your conversation. Sharing your best responses with your series will always
ensure that they are prepared with the most
effective responses to remove any roadblocks
to closing the sale. Eventually, if your customer is convinced that your product
will meet their needs, you close by acting
on the terms of the sale and finishing
up the transaction. Closing means you
asked for the seed or whatever the next
step in your processes. You can't expect
your prospects to excitedly just pull
out their wallets. Then a certain verbal
and nonverbal signals that you should look out for it. Let's look at them one-by-one. Do you have a specific color? What discounts do I get? How much will this cost me? Can I get the product
delivered to my home? Do you accept credit cards? Is that any water and you're getting to you on this product. And also along with
the wobble signals, there are some nonverbal signals that one should look out for. Customers, dry the
product repeatedly. They keep looking at
bitter and smile, maintain eye contact, and tried to gauge what
they're thinking about the particular product
and hold it separately, enhance or keep
products in the basket. Once you start understanding these verbal and
nonverbal signals, it is an indication
that the customer is coming very close to
buying your product. Your job really becomes
easy after that. All you need to do post
that is to convince the customer and taken to the cash counter so he
puts out his wanted. Now many people feel like
asking for sale is pushy. It can be done without
being obnoxious. If you've shown how your product or service is exactly what the prospect needs and have
been helpful and friendly. Getting the sale will be
the logical next step. There are hundreds of different closing techniques,
tips, and tricks. But most important thing to remember is that it
is not a standalone, even when the sale is made. Prospects agri on your terms and prices are negotiated for
mutually beneficial ones. All objections have been address and all details are
finalized for delivery, fulfillment or related actions. This may also
involve introduction to others in your
company who will be handling these next steps
when the closest successful this step clearly aligns with the purchase tip in
the buying process. Some of the leading
wobble cues that one can use while going ahead and
closing the sales are. Let's go to the billing counter. By what name would you want
the building to be generated? When would you want the
delivery to be made? Me I know the address where the delivery needs to be made. Would you be paying
by cash or God? Pitching the add-ons? You have computed
a landscaping job for your customer or soul demo, gods are installed the
software that meets his need. While it might seem like
you've accomplished your goal, the customer relationship
has just begun. The follow-up is
an important part, ensuring customer satisfaction,
retaining customers, and prospecting
for new customers. This might mean sending
a thank you note, calling the customer to
make sure our product was deceived in a
satisfactory condition, or checking in to
make sure a service is meeting the
customer's expectations. Once you have that trust and relationship with your customer, you can always approach
the customer with solutions of value or add-ons that probably you can provide
at the point of sale are offering something that will make a good experience so far. Vector in future,
the glue to pitch these add-ons will come from initial conversations you
have with the customer. At the point of sale. Recollect the stated
and unstated needs chaired by the customer at the beginning of
the interaction, pickup dance stated needs
you were able to grasp, suggest a byproduct
that compliments or supports the product that
customer has decided to buy. Link the add-ons to the
unstated needs and presented as a complete solution to
all the customers needs. And focus on specifying the benefit rather
than the features.
6. 5 Types of Customers: Section three, the
types of customers. Customers play the most
significant part in business. In fact, the customer is the
actual boss in the deal and responsible for the actual
profit of the organization. Customer is the one who
uses the product and services and judges the quality of those products and services. Hence, it's important for
an organization to retain customers or make new customers and flourish their business. Do manage customer's
organization. You should follow some
sort of approaches like segmentation or the region of customers into groups
because each customer has to be considered
valuable, unprofitable. Customers can be off following
types, a loyal customer. These types of customers are
very important for business. This segment of the
customers should be kept satisfied all the time. Not only stay loyal
to the company, but also praise and recommend the product to their
family and friends. Therefore, they also help
the company to market its product by word of
mouth, free of cost. Usually, this segment
of customers is small and they hardly make 20% of the total customer population. But they are responsible
for generating the maximum part of your total revenue
for the organization. So it is advisable to
include these customers and take their opinion in important decision-making
of the company. Timely follow-up
should be taken from these types of customers
and noted down. And repeat the same
with other customers to convert them into loyal
customers as well. Appreciate the association
of loyal customers with the company and give them a
platform and recognize them. The discount customers. The customers are also
frequent visitors, but they are only a part
of the business when offered with discount on
regular products and brands. Or they buy only
low cost products. Mode is the discount, the more they tend
towards buying. These customers are mostly
related to small industries. The industries that focus on law or margin and
investment on products, focus on these types of
customers is also important. They also promote
distinguished part of the profit into business. Discount customers are the
least loyal customers and they easily move on when getting better offers by some
other companies. However, these type
of customers are very helpful in clearing
the inventory of the company data
usually interested in the extra information
on when the sale is happening and the
exact conditions of the discounts and offers that accompany is
going to offer. These types of customers
stopped shopping as soon as the deal
stops applying. These customers can be appeased by giving value-added services. By this way, the
company can ensure its chances of keeping
them as the customer. That only termed
as bargain hunters since they always
want discounts. Impulsive customer. Now, this is the
customer that can make a buying decision
in an instant. Provided that the
conditions are right. You see these customers don't need much convincing
to make the purchase. You absolutely don't
need to warm up these leads with value
proposition too much. What this segment
needs to buy something is clear and easy
way to do that. The less steps involved, the higher chances that
a customer will make a purchase the way and get rid of any
distraction he may face. Or make sure you are not wasting that buying impulse
when it comes. If impulsive customers
are treated accordingly, then there is a high
probability that these customers could be
responsible for high percentage, it feels need-based customers. Now, these customers are
product-specific and only tend to buy items only to
which they are habitual, have a specific need for them. These are frequent
customers but do not become a part of buying
most of the times, it is difficult to satisfy them. These customers shop for only specific products
only when they need them. They already noticed
section they are heading to when they
entered the store. They usually don't require an assistant to choose a product because they usually
have knowledge about the product
they want to buy. Therefore, it is
very important to approach them with
a planned strategy. These customers should
be handled very positively by showing
them ways and reasons to switch to other
similar products and brands and initiating
them to buy them. These customers could
possibly be lost if not tackled efficiently
with positive interaction. The best way to approach a need-based customer is by initiating a personal
interaction. Need-based customers
can be converted into loyal customers if
they are provided with good and
satisfactory service. Wondering customers. Now wondering customers
have no specific need or desire in mind when
they come into the store. They want a sense of
experience of community. Many stores, this is the largest segment
in terms of traffic, while at the same
time they make up the smallest
percentage of sales. Wonderous shop merely for
interaction and experience it provides them since they are merely looking
for the interaction, there are also very
likely to communicate to others they experienced
they hadn't understood. Therefore, although the one that in customers
cannot be ignored, the timespan with them
has to be minimized. Now many of the
customers that we just spoke about new in industry, and most of the time
they visit the suppliers per leaf or confirming
their needs on products. They investigate features of most prominent products
in the market, but do not buy any of those or show least interested
in buying until they are convinced
about the quality of the product and that it will definitely fulfill the need
to grab these customers. One should properly
be informed about the various positive
features of these customers. And then develop a
kind of a strategy to approach these customers at
their own individual levels. As a good salesmen,
one should always focus on loyal customers and should expand or multiply the product range to leverage
impulsive customers. But other types of customers IT strategies should be
renovated and enhance for turning out these customers to satisfy their needs and modify these types of customers
do let them fall under loyal and
impulsive category. The skills one needs to
managing different types of customers are knowing
what the customer wants, knowing which
products or customers have the most growth potential. Knowing which
products or customers are most or least profitable. Last but not the least, knowing which customers
will actually advocate and support
your product.
7. 6 The Art of Asking Questions: Section for the art
of questioning. An effective
questioning strategy is to be an effective
salesperson. Questions allow control
of any conversation. As the other person
will be answering. Questions, gather
necessary information, as well as provoked
buying signals, which can also be
used to identify a need for the
product or service. A good question
seeks to challenge the salesperson's mine in order to reach the
desired outcome. There are five fundamental
question groups comprising of various
question types. Let's understand
them one-by-one. Open-ended questions, broad open-ended sales questions are great for
helping you find out what's going on in
your prospects and the client's world that
essential for any sales success. In fact, listen to
me and understood my needs are two of
the top five factors. Most separating seeds winners from the second place finishes. And open-ended sales question is usually a probing question. In that getting a prospect
to talk more about his business is
problems and his bonds. As you might expect
from the name itself. These questions are open. That is, they don't have
any specific answers. Open-ended question
give a person a wide range of choices
from which to this point. There are seven types of
commonly used open questions. Who, what, where,
why, when, and how. Some classic examples of
open-ended questions are, what's going on in your
business these days? How have things changed? What are your plans
for this weekend? What kind of a bike or
you're looking out for? Closed questions. If open-ended sales
questions out a way to get to know your customers
in a general sense. Then we closed-ended
questions for sales. You'll get right to the point. Asking closed-ended
questions will give you clear answers. Do they want to
purchase your product? Are the shopping around with your competitors for
the same service? The answers are
simple and direct. The simplest of terms, closed-ended questions for seats provide reps with
clear-cut facts. Primarily speaking, the questions begin with
the phrase such as, are there any odd will you be? By starting your
question with works, you are positioning
your customer to provide you with direct answers. Unlike in queries
that are open-ended, epsilon need to read
between the lines for closed-ended
questions for seeds. Some examples are, do you like this feature data product provides you satisfied
with your last vendor, you with me so far. Does this make sense to you? Multiple choice questions? What is the purpose of
multiple-choice questions? Do offer a choice of answers based around
a central theme. For example, what is
your biggest pinpoint? Low-productivity,
competitive pricing, media presses on marketing channels,
multiple choice questions. I'm opening up in
nature to allow the customer a chance
to relay information. But by providing a
choice of answers, the answers will be
specific in nature. These questions
are also referred to as multipart questions. Leading questions. Leading questions
are questions that help you steer the
conversation to the information that
helps you determine if your product is right
for your client on not a leading question
is the question which certainly prompts that responded to answer in a particular way. For example, do you have any
problems with your boss? Not this question actually
problems the posts into question their employment
relationship in a subtle way. It raises the prospect
that dead are problems. Tell me about your
relationship with your boss. Not this question does not
seek any judgment and that is less implication
that there might be something wrong with
the relationship. Closing questions at all
for leading in nature as they're trying to provoke a specific result
from the customer. But let me warn you that this is a double-edged sword as it
can when usaid automate, durably annoy your customers, making him feel that
you are probably trying to manipulate or
control his decision. So our word asking leading questions
with obvious answers. If everyone already
knows the answers, then what's the point in
asking that question? Sell us celebrate when they get the expected answers
to questions like, what do you like to save money
on your insurance premium? But, uh, yes, it responds to that simplistic question is not even a green light
to the sales pitch. It is just a throwaway
answer to a question. The job of a seller is
not to manipulate food, lead bush, or schedule
a buyer into buying. The job of a seller is to sell. The most effective
way of selling is by meeting the
customer's needs. Rhetorical questions. A rhetorical question is a yes-no question to
which the answer is B, so obvious that no
reply is necessarily. Examples include,
wouldn't it be fun to have this couch in your
living room by tonight? And do you want to miss
this wonderful opportunity? Why would you ask a question
and not expect an answer? The two go hand in hand. But sometimes these questions are asked to punch up a point. If the answer is
glaringly obvious, then it will make it stand out. Sometimes it is also used
to persuade someone. Other times it's used just
what a literary effect. And one last tip
that I would like to share with you is questioning and sales is very essential to get you closer to
closing that deal. But I want you before shutting your customers
in questions, always remember to give them
an opportunity to talk. The more they talk, the more signals you will
pick up by listening. Helping you to distinguish
yes, specific needs.
8. 7 Build a Long Term Relationship: Section five, building a
long-term relationship. Now, any business owner knows, while winning customers
might be a short game. Uninjured, long-term loyalty is the key to a
thriving enterprise. The sales and
marketing efforts you make to an new customers cost anywhere between
five to 25 times more than retaining does. If you are able to keep
the clients you initially gain and make them keep
coming back to you. That helps you to reduce
the amount of money you spent on
acquisition in time. The key is customer experience. As technology gets
increasingly sophisticated, companies actually
need to work harder and find unique ways
to leverage tools, gadgets, and strategies
to meet customers needs. Companies that failed to do so lose customers and business, and the one that succeeds, create loyal customers with
long-term relationships. Tank your customers. Sending the perfect Thank you doesn't need to be complicated. In fact, most customers
don't have very high. But when it comes
to appreciation, study found that 60%
of the consumers said appreciation should
be conveyed by saying thanks directly
to the individual. While 44% aggregate data, Thank You, should
be personalized. If you're out in a need
of a little inspiration. Yet are some of the
ways of thinking your customers send
handwritten notes, offer some add-on goodies, offer three samples of your new products, offer
post-purchase discounts. You can even wish them on
the special locations, such as birthdays and
anniversaries and offer a discount for those
special occasions as well. Keep needs in mind for future. When I was in college, I had a favorite restaurant that I always go out with my friends. Why do you think I
went there every week? The staff, our Debt
remembered me by my own name In my
favorite drink. What I was up to that
week, it wasn't forced. The genuinely cared about building connections
with their customers. Similarly, you can
personalize experiences, but he calling details
about your customers. But example, if
dimension their family, ask about them during
their next visit. Building a relationship based on what your customer shared, encourage them to
stick around with you. Most importantly,
remember if there were any specific needs
that you were not able to get there during
your last interaction, but you can offer it now, keeping a node with customer
details for the same is a good way to
remember these needs and get in touch with
them, proactively. Go DC Connect. Maintaining
an active role in the lives of your customers
is easier than ever, thanks to the Internet. Your relationship
with customer might start when they click
on your website, call your office, or walk
through your front door. But the end of that
relationship is less obvious. Keep the door open
for repeat business by staying in touch
with your customers. Depending on your
business model. This might mean signing them
up for your newsletters, targeting them in the
post on social media, or booking a follow-up
appointment. The main goal of this
strategy isn't to constantly push sales and products
in your customers faces. Instead, you want to work
on your relationship in which specific customers
build a network. Keep your accompany at the
top of your customer's mind. So they'll think of you first when it's time to reorder by creating an omnichannel
customer service experience. It's never a good idea to shove your brand in the faces
of your customer. At best, they grew
tired and ignore you. At worst, you'll allow them to never coming
back to you again. Thankfully, social
media has made it easy to meet your
customers where they are. Your instinct might be to update only when there
is a news to share. Instead, create engaging,
meaningful posts that reflects your brand persona and
share it few times a week. Take an honest feedback
in with your customers about their experiences to show your commitment to
your customer service. Once it is for the latest
Box Office releases and knew the start and openings. Reviews can now be found for just about everything
for an organization. Good one can bolster
your reputation, but a bad review can do
serious damage to your brain. If you're hoping to bring
customers back-end again, get in front of their
review and ask for feedback while you still have chance to gain
their attention. Even if customers don't take you up on the opportunity
to give feedback, you're still
receiving the message that you are willing to listen. And change based on
the European Union. All good relationships require two-way communication of
needs, desire, and challenges. By staying open to feedback, you'll nurture
customer relationships and keep them coming
back from war. Provide excellent
after-sales service. Now naturally, customer service is an important aspect
of your business. Ability to connect with customers beyond the
point of purchase demonstrates a
complete dedication to their needs and goals. A common mistake is focusing on new customers over
existing ones. The mindset is that getting customers are already loyal to your brand and don't need to be wowed by excellent service. Instead, first-time customers
needed easy to purchase. Again, you have to provide above and beyond
customer service. Never treat your
existing customers lesser than your new ones. It's this attribute that
causes customer churn. You should be presenting your best customer service
to every customer, regardless of it being the
first on a 100 purchase. Last but not the least, give you a customer a
reason to be loyal. Many people believe
that Apple has some of the most
loyal fans out there. Customers go to great
lengths to prove just how much they loved the company with
bumper stickers, tattoos, and positive arguments in favor of all the products. It actually shows that if
you offer the service or the product that your customers think is the best in the world. They'll be completely
devoted with a passion that can be stopped. Now whether you're trying to convince a new person to join your organization or describing a new product to a client
over the catch-up call. Knowing how to sell is a
great ability to have. And it's one that's
sure to be respected strongly within your company
and your organization. It not only built immense
confidence in you, but will also teach you the
skill that will serve you well for the rest of your
career and personal life. If you had a would
be entrepreneur, then set this idea
of Business Plan and work and see it
for a year or two. If you're a struggling
entrepreneur, take a part-time sales job. Part of the reason
you're struggling is because of your
poor social skills. Successful business owners spend the majority of
their time selling. One should surely learn
the art of selling. I hope the course was a
great value-add for you and I wish you all the best for
your future and career. Keep learning. Take very
good care of yourself. And conversely.