For the most part salespeople don’t have a great reputation. This is so because many people feel they’ll be pressured into buying something they don’t want or need by someone who is manipulating them. I teach sales and don’t always like dealing with salespeople because most of the time they don’t add value to the transaction. If someone can only tell me what I can already read on online or find on a label, then they’re not doing me much good.Good salespeople add value because they: Ask questions to help uncover a need you might not have considered before.Save you the time and effort of having to do lots and lots of research on your own.Point out features you might not have known about and demonstrate how they’ll be beneficial for you.Can be a “go to” person for you when something goes awry. When you interact with someone who really helps you, it’s natural to want to help him or her in return. That’s the principle of reciprocity and it will make the client happy to help you by giving you some referrals.It’s common for salespeople to ask for referrals at the close of the sale.“John, I’m really glad we’re doing business together. One way my business grows is through referrals. Do you know anyone else who might be interested in the services I offer?”Personally I think that’s a terrible approach because you’ve not done anything yet to deliver on your promise! If the client doesn’t say no right off the bat it’s likely to be met with a name or two off the top of their head quickly just to satisfy you. Here is an approach that combines the principles of reciprocity and consistency that is sure to get more and better referrals! You disarm the client by telling them you’re not going to ask for referrals but would like to ask a favor. Ask if you can talk sometime in the future about referrals, after they’ve had a chance to see how your product or service performs. This is where planning comes in because you’re planting a seed. Here’s what I recommend to insurance agents. I’m sure some variation might work for you in your business:“John, I’m really glad we’re doing business together. At this point in the sales process I know a lot of insurance agents would ask for referrals but don’t worry, I’m not going to do that. I would like to ask a favor though. After you’ve had a chance to experience our service, say nine months to a year from now, if we’ve done what we said we would and you’re happy with us, could we talk about referrals at that time?”Humans are funny in many ways and one is our willingness to put things off into the future that we’d rather not do today. I guarantee nearly everyone will agree to talk with you in 9-12 months about referrals.Now it’s up to you to have an efficient diary system for following up with clients.“John, it’s Sue. I’m calling to see how things are going and if there’s anything you need from me as we approach your renewal date?”Towards the end of that conversation try this:“John, do you remember when we started doing business together last year? I asked if we could talk about referrals if we’d lived up to our promises and you were happy. I feel we’ve done that (reciprocity). Are you happy with the decision you made to move your business to us?”Don’t just ask for names and numbers at this point because the customer will be scrambling. They were not thinking about referrals when they picked up the phone, so continue in this way:“I don’t want to take any more of your time today and I’d like to give you a chance to think about who might appreciate the kinds of things we’ve done for you. Could we set a time next week to talk for about 15 minutes?”You’ve planted the seed for them to really give this thought and they will because they told you they would. On next week’s call you’re sure to get the names of people who would be most likely to appreciate what you have to offer.This is the final post in this series where we’ve looked at using particular principles of influence at different points in the sales cycle. I hope you’ve found the posts enlightening but more importantly, that you employ what you’ve learned and see your sales soar as a result!Brian Ahearn, CMCT® Chief Influence Officer influencePEOPLE Helping You Learn to Hear “Yes”.
The Psychology of the Sales Cycle – Closing
I remember when I was young and single I would go out with friends and see pretty girls, but rarely had the gumption to go up and talk to them. The reason was fear of rejection. Nobody likes that feeling so we do what we can to avoid that possible self-inflicted wound.In the same way I was afraid to talk to a pretty girl, salespeople are reluctant to ask for the sale for fear of rejection. It’s safer for the ego to let the prospect “think it over and get back to you.” In their uncertainty, prospects do one of two things: 1) take the safe route and don’t change anything, or 2) go with the salesperson who fearlessly asked them if they could start on the paperwork.The number one question salespeople ask during The Principles of Persuasion Workshop® is, “What’s the best way to close?” My standard response is, “The best way to close starts the moment you meet prospects for the first time, look them in the eye and shake their hand.” From that point forward how easy or difficult closing is depends on what you do. I believe closing the sale should just be a natural part of the ongoing conversation with a prospect. The best compliment a salesperson can hear from a client is, “I never felt like I was being sold.”Early on in this series I quoted Jeffrey Gitomer, “All things being equal, people want to do business with their friends. All things being not so equal, people still want to do business with their friends.” Tapping into liking early and often will make a big difference by the time you ask for the business. Always start your contact with a prospect on a social level bonding over things you have in common and looking for opportunities to offer genuine compliments. The more you’ve done for the prospect and the more you’ve gone out of your way on their behalf, the more likely they are to look for some way to give back to you. If you’re unable to close the deal for some reason you might still leverage all you’ve done as a way to get some referrals because of reciprocity.People want to know they’re doing business with an expert because it gives them more confidence in their decision. As you make your way through the sales process, show yourself to be professional and someone your prospects can rely on for answers when they need them. In short, tap into authority. I believe consistency is the most important principle to tap into during the closing. Reminding people of what they said is a powerful motivator of behavior! This is where the upfront close comes in handy early in the sales cycle. At some point during the initial meeting or qualification stage you need to find out exactly what it will take for you to earn the right to do business with the prospect. If you know you can’t meet their requirements, cut your losses and move on. But, if you believe you can meet the requirements you might want to say something like this:“Shirley, from what you’ve shared it sounds like if we can meet your specifications at the agreed upon price by the delivery date you mentioned, we’ll be doing business, correct?”You want the prospect to come back with:“Correct. Meet those specs at that price by the delivery date we discussed and you have a deal.”This is also the time to confirm there are no other hidden reasons that might crop up to kill the deal:“Just to be very clear Shirley, are there any other reasons I’m unaware of that could get in the way of us doing business?”Again, you want her to confirm what you’re asking. When it comes time to close you only need to refer back to what you’ve already agreed on:“Shirley, great news. We can meet the specs at the price we discussed and can even deliver a little earlier than you requested. Can we go ahead and start the paperwork so we can get everything in motion?”It would be very hard for Shirley to come back and say no at this point after you’ve done everything she asked for. Will there be times when someone backs out? Sure. But, using consistency in an approach like this will have more people saying yes and will make it much easier and natural for you to seal the deal.Last, but not least, is scarcity. Pointing out what someone might save or gain by going with your proposal will not be as persuasive as honestly sharing what they stand to lose by not taking the step you recommend. For example, if you are in financial services, talking about how much more someone might be able to save for retirement by setting aside an extra percent of their income will not be as motivating as sharing what they will lose if they don’t save a little extra.Ineffective – “Ed, if we can find a way to set aside just 1% more you’re going to have more than $100,000 extra in the bank by the time you retire.” Effective – “Ed, if we can’t find a way to set aside just 1% more you’re going to lose out on more than $100,000 by the time you retire.” Hopefully these examples of weaving the principles of influence into the sales process will take some of the fear out of closing. There’s one more post in this series – asking for referrals. Next week we’ll look at ways to make that happen as naturally as the close, by effectively working the principles of influence into your sales cycle.Brian Ahearn, CMCT® Chief Influence Officer influencePEOPLE Helping You Learn to Hear “Yes”.
Influencers from Around the World – “Tiny Habits” and Principle of Consistency
The April “Influencers from Around the World” post comes to us from Seoul, South Korea, thanks to my good friend Hoh Kim. Hoh and I earned our Cialdini Method Certified Trainer® designations together in 2008. Hoh is an incredibly intelligent individual and an expert when it comes to ethical influence. I encourage you to check out his website, The Lab h, and his blog, Cool Communications. Hoh is also on Facebook, LinkedIn and Twitter so reach out to connect with him.Brian Ahearn, CMCT® Chief Influence Officer influencePEOPLE Helping You Learn to Hear “Yes”.”Tiny Habits” and Principle of ConsistencyMany of you may have heard about a recent bestseller, The small Big, by Steve Martin, Noah Goldstein, and Robert Cialdini. I recently co-translated this book into Korean language and it is now in Korean bookstores too. Big differences influencing others can come about from small changes. The “small big” principle also applies when I want to create a new habit. Recently, I participated in a program called “Tiny Habits for Work” by Liz Guthridge. Liz uses “tiny habit” methods created by Dr. B.J. Fogg. The program was interesting and quite useful. Let me introduce what I learned from the program about “tiny habits” as it may be quite useful for you too.When a new year starts, we normally think about creating a new habit such as to stop smoking, eat less, exercise more, read more, etc. Normally, in the first week of January, our motivation to try new things is quite high, but then doesn’t last long. Probably, by the end of January, we return to “normal state.” Motivation is not reliable, and you should not try things based solely on your motivation. So what we have to try are “tiny habits.” According to the handout of the program, tiny habit can be defined as follows: 1) you do at least once a day; 2) that takes you less than 30 seconds; 3) that requires little effort.Then, there is a recipe for tiny habits. You need to combine “anchor” behavior (which you already established and do every day) and new “tiny habits.” Liz recommended I come up with three tiny habits, and here they are:– AFTER my feet touch the floor, I will state my one big intention for the day.– AFTER I hang up the phone, I will take three deep breaths.– AFTER I lay down at night, I will think of one thing about work for which I’m grateful. Do you get the idea? You link new “tiny habits” to behaviors you naturally do every day. Some of the other examples given were, “After I get in the car, I will think of one thing I can do differently and better at work today” and “After I walk through the office door, I will smile at the first person I see.”Among the three tiny habits, the second tiny habit didn’t work well. I kept forgetting it. So, Liz shared an explanation with me. As I would take too many calls, it might be hard to do every time. That being the case, we looked to see if I could change to something I do once a day such as “AFTER I return to office from a lunch time…”While participating in this program, I thought about the principle of consistency. When influencing others, it often is useful to leverage small commitment. The tiny habit method is also in line with the “foot-in-the-door” technique. You start small (tiny habit), and if you can do the tiny habit continuously then you can move to a bigger habit. We are already into April so perhaps it is good time to reflect our New Year’s resolutions. If there’s something that didn’t work out as planned, perhaps you might be interested in trying the tiny habit. By the way, among the six principles of influence, the principle of consistency has an important difference from other five principles. It is about self-persuasion.Hoh KimFounder, Head Coach & Lead Facilitator, THE LAB hAddress: THE LAB h, 15F. Kyobo Bldg. Jongno 1, Jongno, Seoul 110-714, KoreaE-mail: [email protected]: 82-2-2010-8828 Home: www.THELA
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