[CLASSICS] 083: Mary Jane Copps | Cold Calls: The Psychology Behind the Human Voice
Release Date: 02/19/2019
Sales Tuners
Takeaways Understand How Your Prospect Makes Money: You already know how your company makes money and you already know how you make money once your company makes money. During the sales process, if you really dig in and figure out how your prospects make money, then you can sync your offering with their real incentives. It truly doesn’t matter what you sell if you can figure out how your offering impacts their revenue engine. That’s the key. Put Yourself Out There: Your network is not just going to build itself. You have to commit time in a given week or month outside your organization....
info_outlineSales Tuners
In the last 5-7 years, there has seemingly been an explosion in the number of companies, both tech startups as well as more traditional businesses, that require salespeople. Unfortunately, in that same period of time there hasn’t been any magical creation of new sales talent. That misalignment has led companies to over-recruit, under-train, and honestly… just hope reps “figure it out." I’ve had some sales leaders tell me they’ll hire 10 reps knowing full well only 4 will work out. What in the world is going on? Most sales reps actually know what to do — that has been drilled into...
info_outlineSales Tuners
Takeaways Become a Subject Matter Expert: There have been many conversations on this show that have talked about the need to truly understand who your buyer is. Jess took that even a step farther by suggesting that she actually become a licensed health benefits consultant. Think about that. Are there certifications in your industry that could help you better relate to the knowledge your prospects have? Yes, you can learn these things at a high level likely through your companies sales enablement, but what would it take to be able to truly walk in your customers' shoes? Your Questions Prove...
info_outlineSales Tuners
In our first ever episode of READefined, we’re taking a look at Robert Cialdini’s . Today, we are all becoming overwhelmed by the sheer amount of information at our disposal AND the choice that comes with that for even the most mundane topics. While it would be nice to think our prospects consider all the information available to them before they decide whether to say “yes” or “no,” you know from your own day-to-day experience that reality is quite different. The truth is, we need shortcuts. We need rules of thumb to help us filter through the noise. And guess what… there’s a...
info_outlineSales Tuners
Takeaways Speak a Common Language: As Greg was learning to sell, he was taught baseball idioms like ‘batting 1.000,’ ‘drop the ball,’ ‘be in the ballpark,’ and of course, ‘touch base.’ But to many of you listening, these phrases no longer have anything to do with the game because they’ve been so ingrained into our normal lexicon. What words or phrases might you be using that make no sense to your prospect? Greg gave the example of the literal translation of ‘How are you?’, a throwaway phrase we use in America that would make an Eastern European tell you all about their...
info_outlineSales Tuners
Takeaways Observe the Actions of Others: You may not have the confidence or even opportunity to approach others to ask them about how or why they do what they do, but you can definitely observe their actions. Break down how they speak, how they hold themselves, how they treat customers, and what they do that’s different than you. And these don’t have to just be people in your office. With unfiltered broadband access, these observations can be people you admire online, TED speakers, or even public CEOs by way of their earnings calls and annual reports. Find Gaps in Your Own Skills: It’s...
info_outlineSales Tuners
Takeaways Ask the Next Question: By this point, we should all be used to hearing the word “no.” However, it’s what you do after hearing it that defines you as a salesperson. The word could be a stoplight and completely shut you down. Or, it could be a challenge to you to dig a little deeper and understand the context in which that specific prospecting is using it. What aren’t they interested in? How could the get budget if the found value? When does their current contract with a competitor end? Build Your Own Following: In today’s world, it seems as if there are influencers popping...
info_outlineSales Tuners
Takeaways Successful Customers Trumps Revenue: The goal of sales should not be revenue at all costs. It’s our job to find people we can make successful through the value prop we’re pitching. Rather than focusing solely on the signed contract and commission check, make sure the customers you close are going to find value in what they bought 90 days later. Buyers Don’t Have to Talk to Salespeople: 20 to 30 years ago, every buyer had to talk to a salesperson. Today, buyers can watch demos, compare and research alternative products, and even get ballpark pricing online, all before reaching...
info_outlineSales Tuners
Takeaways Share: Even if what you share is unrelated to what you’re trying to sell, doing so allows you to show you care, which drives future opportunities. Focus on the Customer: Know the buyer from every angle at the company and personal level. Provide Value: Constantly consume and share content that will be relevant to your buyers. Full Notes Book Recommendation by Seth Godin Sponsor – What if every sales rep inherited the habits of your best rep? With Costello, they do.
info_outlineSales Tuners
Takeaways Take Advantage of Opportunity: There is a short window of time to take advantage of every opportunity. If you wait until an opportunity presents itself, it’s already too late. Seek out chances to learn, be more efficient, and give 100 percent from the get-go so you’re never in a position to wonder what might have been. Doors open on a daily basis, but oftentimes they are short and they are small. It’s crucial to take advantage of them when they’re there. Preparation and Repetition Always Win: You know what you need to do. You’ve spent time role playing real scenarios....
info_outlineTakeaways
- Master the First 20 Seconds: We all get defensive when we receive an unexpected call from someone we don’t know. Don’t take it personal as it’s a cultural issue. However, it is your job to dissolve that defensiveness very quickly. First thing first — remove iffy language. Don’t tell them you’re “just calling” as if you have nothing better to do. Also, don’t ask them how they are. Not only is that a tell tale sign that you’re a salesperson, but when a stranger asks about your health, you get even more defensive. You need to quickly get to the reason for your call and then immediately show them how the call is relevant to them. Notice, this has nothing to do with you.
- Prepare to Think on Your Feet: I get it. Email is easier because you have time to both think and edit. On the phone, you clearly don’t get that luxury. So, be prepared. Obviously you need to have a couple of open ended questions ready to go, but you also need to know what the 3-4 typical responses are that you’re likely to get from the prospect. As you prepare for those responses, now you just need to ask your question and truly listen to the response. And remember, the sound of the human voice contains so much information you’re losing by relying on text based communication.
- Help Prospects Make Decisions: I’ve gone against the grain a bit with the notion of decision fatigue from a personal standpoint, but from the point of the prospect I get it. Instead of leaving everything up to them, prompt them by giving them the “next best step.” I’ve found that if I just ask them what to do next, I get delay after delay It usually sounds like, “me think about it” or “let me talk to so and so,” but when I give them the next step most people take or the one I believe is right for them, I can move a deal along a lot faster. Realize, you’ve sold your solution dozens if not hundreds of times, yet this is the first time they’ve gone through a sales process for your solution.
Full Notes
Book Recommendation
- Man’s Search for Meaning by Viktor Frankl
Sponsor
- Costello – What if every sales rep inherited the habits of your best rep? With Costello, they do.