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Sales pitch 101

If you are an aspiring entrepreneur, you have to learn how to make a sale. We show you how.
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If you are an aspiring entrepreneur, you have to learn how to make a sale. We show you how. Here’s a list of questions to take you through the sales cycle:

During the introduction, did you:

• learn about the company, the person you’re calling on and the industry he or she is in before the meeting?
• observe the prospect’s office, décor, awards and pictures on his or her desk to find something you both have in common?
• find out anything about the prospect’s personal interests, hobbies or family?
• bridge to the business topic smoothly?
• listen 80 percent of the time and talk only 20 percent of the time?
• ask the customer questions about his or her goals, challenges, and personal and business philosophies?

 

When qualifying, did you ask:

• “Is there anybody else besides yourself who might be involved in the decision-making process?”
• “What does a vendor need to do to earn your business?”
• “If you could change anything about your present vendor’s product or service, what would it be?”
And did you also:
• determine how and why the prospect made the decision to purchase his or her present product or service?
• find out what his or her time frame is?
• discover whether funds have been allocated?
• uncover the prospect’s specific needs?

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When surveying, did you:

• ask a lot of open-ended questions?
• find out who, what, where, why, when, how and how much?
• have the prospect go into depth by using phrases such as “Tell me about . . .”, “Describe for me . . .” and “Can you elaborate on . . .”?
• ask the broad questions first, then get more specific to uncover key needs?
• ask about your prospect’s roles, what’s important to him or her, what his or her hot buttons are, and how industry trends or situations are affecting the prospect?

 

When handling objections, did you:

• listen to the entire objection?
• pause before responding, remain calm and not get defensive?
• answer the objection with a question to find out more specifically what the objection was?
• re-state the objection to make sure you both agreed?
• answer the objection?

 

During the presentation or demonstration, did you:

• re-establish rapport?
• ask if anything had changed since your last meeting?
• pre-commit the prospect? Example: “If I can show you how this can make a difference in what we talked about, can we go ahead with this?”
• prioritize the prospect’s needs?


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