Transcripts
1. Introduction: Welcome to feel
successful sales costs. In this course, we're going to explore the key
points of selling. We'll look at examples
of successful setting, hints and tips for improving
your customer relationships. And the many different
departments in business who both depend upon and contribute
to your success. This course is aimed at
both those of you who may be new to a sales role and those of you who are looking
to further your skills that the content lends itself
to various industries, exploring both selling
products and or services. Since we'll look at the
core necessities that make up every
excellent salesperson. First and foremost, let's
take a look at your role.
2. Why do you want to sell?: Why do you want to sell? Before we begin, it's worth
asking yourself why you want to sell will become
a successful salesperson. Being successful in sales requires much more
than just being able to talk the
talk to many people. Selling and being a
salesperson is seen as an easy but relentless task. Many, if not the vast majority of entry-level
sales roles a commission-based and its death will often viewed as being
an unsustainable role. Unguaranteed salaries aren't for the faint-hearted after all. It's a common myth that
selling is a basic and easy to acquire skill and not the
career path for longevity. That is simply not true. Being a successful salesperson requires a multitude of skills. And harnessing such skills will guarantee you a successful
long-term career path, but opens many different doors. Successful sales don't start and end with a
simple transaction. There were about building
customer relations, continued customer support, and excellent communication
both pre and post sale. So let's start with
the first step of the customer journey. You.
3. Selling yourself: What makes you stand
out from the rest? You are the best
sales skill you have. So ask yourself, what makes
you stand out from the rest? When you think of
some of the best sales experiences you've had, it's usually the salesperson you dealt with who's
springs to mind. Not so much the product. People leave an impact, whether positive or negative, and it will easily
make or break a sale. Thinking back on your most
positive sales experiences, what made them different
to others you've had? Perhaps it wasn't
someone who was extremely knowledgeable
about the product, or even someone who gave
you an amazing discount. But I can guarantee
you'll remember the salesperson who went above and beyond
to help you out. Being personable leaves
a lasting impression. It means you're relatable. And people like that, often salespeople can get
too caught up in making their sales pictures and
forget the vital ingredient. Being human. It doesn't matter if you
make mistakes along the way. What matters is that you
are friendly, approachable, and correlate to your customers. Selling yourself. One of the most
important points in any successful sale is to ensure your customer wants
to purchase from you. Selling yourself is of
Almighty importance. And the first step to
achieving a happy customer. After all, you can have the
best product in the world. But what would make a customer want to purchase it from you? Unless you were
lucky enough to work in a very elite industry, the chances are that
the product or service you are selling is
available elsewhere too. So what can you do to ensure
the customer chooses you? At this point, it is often regarded that
you should be offering incentives such as discounts or freebies to achieve the sale. Whilst they certainly
can play apart, it doesn't help
you sell yourself. By selling yourself. We mean ensuring
the customer has experienced throughout the sale. And indeed, post-sale
is a happy one. We can contribute to a positive experience with
these three key skills. Trust, knowledge, and honesty. These three vital ingredients will be the make or
break to your sale. You need to make sure
your customers trust you. If you're a startup business
or selling a new product, why should the customer believe what you're saying is true? How did they know they can trust you to give them what they want? Building trust can take time. And that's why in
successful sales were very against
the heart cell. Hot selling is a term
coined to describe a pushy salesperson who can very often be
described as aggressive. This type of forcefulness almost always has the opposite
effect on your customers. After all, is this how you
would like to be treated? Take a look at these examples. You want totally
clueless about bikes. But you've decided that cycling will be a good way
to keep you fit. As a novelist, you
decide to visit your local cycling store to get an idea of
what you're looking. For. Example, one, on
entering the stool, the salesman immediately greets you and asks what
you're looking for. After briefly explaining
your limited knowledge and requirements for the bike, he picks a mid-priced
bike from the floor and suggest that this will
be the best fit for you. He even offers a 10
percent discount on any accessories if you
were to buy here and now, which you would recommend
because the model he chose for you is
telling very quickly. Example 2. On
entering this tool, a salesman introduced himself as James and mentions if you need any help to
give him a shout. He lets you take a
look around the story, your own pace for a few minutes before asking what it
is you're looking for. After explaining about
your limited knowledge and requirements for the bike, he suggests that they book
you in for a buck fitting so that they can
see what bikes they have available in your size. He spent some time showing you the
different types of bikes they sell and what the
benefits are of each. And point you in the
direction of an article on their website aimed at
cycling for beginners. Which example is hard
setting prevalent? Yes. Example 1. Can you see the difference
between building a rapport with the
customer and being pushy. In the second example, the salesperson gives some
great advice on bikes, but gives the customer a time to think my purchase through. This is a great example
of being able to build a trusting relationship
with the customer. They have booked him for
an initial bike fitting. They've been pointed
in the direction of the company website for
even more helpful advice. And they know the
sales person by name, so they know who to ask for
on returning to the stole. The second important
skill is knowledge. Being knowledgeable about
your product is one thing. But how well do you know the market that
you're selling to? Customers want it to be
understood and know that the product you're
selling them will work well with their lifestyle
little business. As we spoke about earlier, it's really important
to make sure that you can relate to a
customer's needs. Let's take a look at the
bike purchase example again. The salesperson can have
excellent product knowledge, but the key ingredient in
having a personable approach is being able to apply
that product knowledge to the customer's needs. Finding out a little more about
your customers lifestyle, their requirements, and the
budget will go a long way. It's always helpful
to try to work these types of questions
into the conversation. Rather than having a set list of things you ask each time. Asking him more open
questions such as, tell me a little more
about your lifestyle, will often give you
much more understanding of the customer's needs. Over closed questions such as, do you want to use
the bike daily? Finally, we need to make sure that we are
honest at all times. After all, honesty
is the best policy. Put yourself in your
customers shoes. Would you purchase
a product from a sales representative who was unreliable and responding
to your queries, would you want to purchase
when the contact you have doesn't know any of the
answers to your questions. Customers don't expect
you to know everything. They expect you to be the
person who will liaise with the rest of your team in
order to find out though, being honest with customers
is a huge selling point. If you're unsure of
an answer to a query, it's absolutely
fine to admit this. It can even make you
seem more human. However, instead of
shying away from it, It's better to inform
the customer that you're going to find out that
information for them. After all, any contact is
better than no contact. And it goes a long way
in building trust. If you can keep
regularly communicating with the customer
throughout the process, even if it takes a couple
of days to get the answer, then at least they are happy in the knowledge that
you're on the case. There's nothing was then
leaving a customer in limbo. In the fast-paced
world we live in, it's very easy for
a customer to lose interest and move along to another retailer
who can help them.
4. Understanding your customer: Understanding your customer. We've already discussed
the importance of having an open conversation with your customers when
reacting to their needs. However, understanding
your customer goes much further beyond an
initial discussion at the point of sale. In order to understand
your customer, we need to consider
their four main needs. Price, quantity, choice,
and convenience. How do we ensure that
we meet the needs of the customer before
they even meet US? Market research. There are two routes
with market research. The first route is to
conduct surveys with or analyze the behavior of
your existing customer base. Surveys are very
easy ways to collate information on your
customers experiences, their current needs, and their thoughts on new
ideas you may have. They can be conducted in person, by email or sometimes by phone, depending on the
audience that you have. However, as consumers, we
are so often invited to offer our opinion on
product purchases or customer experiences. But it's fairly easy
for us to either ignore or give a very
concise review at best. It's therefore important to make sure that the surveys you conduct appeal to the
customer in the first place. Nobody wants to spend 30 minutes
answering a long survey. So keep your survey short with no more than 10
questions at most. Also, be careful not to include too many opportunities
for free-text answers. Whilst it's great to
receive insightful views, It's obscenely
difficult to collate them altogether when
you receive hundreds, if not thousands of responses. And show your
surveys have closed relevant questions that cover the full main needs
of the customer. Price, quantity, choice,
and convenience. What does the
customer want to buy? I0. What is the reason for needing such a product or service
in the first place? How easily can the customer adapt the product
to their needs? For example, is this product
a one size fits all? Or will there be
a requirement to customize to a certain extent? How much hassle is involved
in purchasing the product. Will there be Adams? Is there an ongoing
subscription? What price is the
customer willing to pay? And finally, what is the biggest motive
for this purchase? Does it need to have
one main purpose? Is cost the biggest motivation. Whilst it's great to survey
your existing client base, It's worth bearing
in mind that these might not be your
target audience. Remember, your existing
customers purchase your product as it
was, or is already. In order to attract
new customers. Their opinions may not
be as paramount to your research as serving
potential audiences. Say, how do you
understand the needs of potential customers
before you're even in contact with them. That's where using syndicated
research comes in. Syndicated research
is conducted by third parties who
designed the surveys, administer them, and
analyze the collected data before selling it to
those wishing to get an insight into their
market audience. The use of such
research gives you an overall understanding
into the demands for a new product or
service and whether expanding into a
potential new market would be worthwhile for you. The data is not biased as consumers aren't aware of
your product or company. So their viewpoints and
much more trustworthy. Competitor analysis. Knowing who your
competitors in the market are is another essential
step to help you both improve your product or service and help to differentiate
yourself from them. It's important to regularly assess the key
competitors europe against to ensure that you can meet or exceed their offerings. The four key needs
of the customer are a useful way to assess
against a competitor. Price. Perform a price analysis with other competitors
in your market. Do you commend more costly or your prices
similar to others? If your prices are more
expensive to others, it's worth working out
exactly why that is the case. As we discussed earlier
in this course, price may not be the deciding
factor for some customers, and it can be offset by other offerings such as
excellent customer service, easy to access, aftercare, and ease of use. However, it's important
to ensure that you aren't overpricing your
product or service. And if you are, you need to ensure that you have good
reasoning for doing, say, after all, it's almost
certainly you'll be asked, Why are you more expensive than company a by a
potential customer? Quality? What makes your
product or service of better quality than
that of your competitor? Customers will always expect
some level of quality, no matter how much
they are paying for a product or service. It's worthwhile taking a look at what features, functions, or offerings your competitors have for the same product
or service you offer, so that you can justify the
price you sell yours out. If your product or service
is cheaper than others, customers may well be
happy to sacrifice some of the features you do not offer in comparison to
your competitors. On the other hand, if your product or service is
more expensive than others, customers will expect it to be superior to your
competitors offerings. Choice. Depending on the product
or service you sell, customers may expect to have a choice and what they purchase. Do your competitors offer more choice for their
customers than you to? Take the example of online
streaming services. What differences are there
between Netflix and now TV? Now TV offers a modular
based platform, allowing you to stream just
movies or just TV shows, rather than paying
for the full service. Whereas Netflix has
just one choice. It's worth noting here the extensive choice
isn't always a pro. Sometimes having
too many options or choices can
overwhelm the customer. Which is why research in
your competitors will help you make the decision
on your own offerings. Convenience. Finally, customers and consumers
always want convenience. When comparing your
own product or service to that of a competitor. Consider what would make purchasing from you
more convenient. Let's look back at the example
of purchasing a bicycle. What happens when the bicycle
arise with the customer? Do they need to
build it themselves or is it already built
and ready to go? How about when the customer has a problem with
their product? Will they need to send it
back at their own cost? Or do you have local
stores where they're able to visit for a sit
and wait service. Convenience in today's
busy world is a very attractive add
on to any sale. And you may find customers are often willing to
pay more for it.
5. Understanding your product: Your product, features
versus benefits. It's a given that
you should know what your product or service offers. And whilst it's certainly
not a requirement to know your product inside out, It's important that you know
the general features and purposes it serves to
your potential customers. The next step is to
understand the benefits of your product over and above
the general features it has. This means, you know,
how well a product lends itself to the customer's
requirements are. How will it benefit them? When researching your product or service and other
competitors in the market? Customers will generally
be presented with a comparison table to tick off what features each one offers. For some, this may be old, they need to make
the right decision. But depending on
the circumstances, many customers may also need to see how well the product
will benefit them. It's sometimes tricky to
separate benefits from features. But generally speaking, a
benefit is something that can be removed from the product or service that you offer. And it would still be
perfectly operational. For example, if you're
selling clothes online, would you consider free
returns a feature of the product or a benefit
for the customer? Well, the types of benefits
may be on limited training, ongoing support, regular updates, warranty,
discounted upgrades. By separating the benefits from the features of your
product or service. You will be more confident in saying the benefits
of your product. A great way to help customers
see how well a product will benefit them is
to use case studies. Case studies on your
existing customers can help consumers relate to
your existing audience. Vacancy similarities
between the uses and have confidence that it
will meet their requirements. Not only that, but
it will help you to sell the added benefits. Ie. How easy was it to get the item repaired
when it went wrong? How quickly can
they get that stuff trained up to use
the new syllabus?
6. Perfecting your communication: Perfecting your communication. Your communication skills are equally as important
in determining your chances of a sale as both your understanding of the
product and your customer. Developing your conversational
and questioning skills will most certainly help you establish a better rapport
with your customers. Positive language. Being positive doesn't mean
you have to be overly Cherry, are excited to be conversing
with the customer. Positive language is more about building confidence
with your audience. And by tweaking
just a few phrases we use in our
day-to-day language, we can make a huge difference. Let's take a look at some of
these phrases we use every day and how we can improve
them to reinforce positivity. Should it should be
with you tomorrow, I should be able to
do them for you. The way it should.
Whilst probable, denotes some kind of hesitancy. Using it in a sales environment
can make a customer feel uncertain as to the
guarantee of your offering. Instead, we can consider
using will as a replacement. It will be with you tomorrow. I will be able to
do that for you. All the words to avoid with similar connotations are, might, probably, likely,
maybe, possibly. No problem. Saying no problem
sounds fairly positive. However, by indicating there was a problem in
the first place, it can sometimes have more negative connotations
than we implied. Try using your welcome
or it's my pleasure. Instead. Unfortunately, opening a
sentence with the word, unfortunately, simply sets the customer up
for a negative response. Simply consider moving the
word in the sentence, IE. We don't have the unfortunately
or not using it at all. Using vocal pauses is very commonplace with even the best
communicators amongst us. We use them to act
as pauses for us to take a moment and think about
what we're about to say. The problem with uttering
such pauses vocally in a sales environment is that it can discredit
what you're about to say, or at least show a
lack of confidence. If you're constantly altering. At the start of your sentences, the customer may not trust that the information you're
giving them is accurate. Or worse still, they may feel that they're
not being listened to. It's important that you
communicate clearly and fluently. And if you need to take
a pause, that's fine. Simply don't announce it. I don't know. By saying I don't
know or I'm not sure. It signifies helplessness
and a lack of competence. If you're unsure on how to
answer the question posed, are your customer it's okay to seek clarification by asking, May I just confirm this or I'll just check with my
team and confirm that for you. Or better still. If
the required response isn't immediate, find out the answer before
responding to the query. Remember, the customer expects you to be the expert
in the conversation. Don't try to fill the silence. Let's face it. Silence can sometimes
feel awkward doubly. So if you're British like me, so it's often the case, we can sometimes try to fill that silence to lessen
the awkwardness. Doing so with customers though, can often have a
negative impact. Yes, silences uncomfortable. But when considering a purchase, it's important to give customers a little time alone
with their thoughts. So don't try to fill
the silence with follow-up questions
or pointless chatter. It may be that the customer is debating on whether to move
forward with the sale. But if you interrupt,
compensate for the silence, it may well
jeopardize that sale. Similarly, be shown up to interrupt your customers
or talk over them. It not only comes
across as annoying ink, that can often be a
sign of arrogance, IE, you think what you have to say is more
important than the customer? Take regular poses to allow the conversation to
flow more naturally. Repetitiveness. Repeating oneself can very often be regarded
as nervousness. It's easy to mistake
in the repeat something when you're
typing conversation. And very forgivable. But regularly repeating parts of your sales pitch may make you seem ill-prepared and nervous. If you're say real repeat to try to keep your
conversation shorter. And perhaps write yourself a
cue card of the topics you want to discuss so that
you can keep on track.
7. Software and processes: Software and processes. In any company, the use
of software to aid with your sales processes can be a real bonus if it's
used correctly. There are many different
solutions out there geared towards sales
in any industry. But let's take a look at some of the key pieces you
could benefit from. Maintaining a customer database is crucial for any business. So it's important to make an investment in a CRM solution, which stands for Customer
Relationship Management. Crm solutions come with various different features
and functionality which may or may not
be advantageous to you depending on the
industry you work in. However, the most important
features of any CRM solution are being able to maintain
an update customer records. Use triggers and
reminders to make sure your customers contact
information is up-to-date at every check
in you have with them. Having out of date contact
information is pointless. But it can also harm your reputation in
the digital world. Having too many bounce backs or spam reports on your
e-mail marketing will damage further emails you send and limit the amount
of people you've seen them. E-mail automation. Creating templates for
email communication will help speed up
your sales approach. Often people regard
email automation is impersonal and too much automation can
sometimes be the case as every customer still
once a human touch. However, automating
your general email such as price lists and case
studies is always beneficial. Better still, it's
worthwhile finding a CRM system with
built-in email editors, meaning your templates
can look professional and branded without the
need for a web developer. Team collaboration. Connecting with other members
of the sales team and other departments
in the business is really important in
the sales process. Being able to
collaborate on projects together through one
piece of software, speeds the processor and
keeps everyone in the note. It's very easy to get lost in a long email thread when half of the emails
don't apply to you. Or even worse, if
someone forgot to reply all and you're
missing half the story. Having Teams able
to collaborate, ask questions, and put updates all in one place, keeps
everything simple. Comprehensive reporting. Customer key to providing
positive customer experiences. Many CRM systems
will offer enhanced reporting to help make
you and your team more productive from
the best time to contact a lead to your
anticipated revenue per month. As we discussed earlier
in this course, market research can help you to improve your future
sales approach. And having an extensive
reporting system on your existing and
potential audiences will certainly play a part in your onward marketing research. And finally, live chat. Live chat services have improved two-fold in the
last couple of years, with it now being the
preferred method of communication over
phone conversations. One of the biggest advantages
for a customer with live chat is that it feels less of an obligation than
a phone conversation. If the service isn't right, the customer can
simply close the chat rather than feel awkward about
backing out of the sale. It's also a great
way to multitask. And you can take your time
to respond without having to use those verbal pauses
like we discussed earlier. This takes us to the end of today's quick guide
to successful sales. We've covered a range of
topics to help you become a more competent sales person by understanding your product, your customers, and knowing how to enhance your
communication with them. I hope this course has
been helpful for you. My let's master assertive
communication course acts as a great follow-up, allowing you to develop your conversational skills
in the workplace, which will be of great
benefit for your customers.