KO Sales Coach

How Your Spider Senses Can Cost You Money


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Prejudging

Remember how Spiderman had that

ability to sense when something was wrong...you know his "spider
senses were tingling". Would that be handy in sales? Sure, but few
salespeople (despite what you may have heard) actually
have superpowers. Sometimes we think we have have "spider
senses" when it comes to whether our customer is going to buy
or not but relying on a superpower you don’t have, could cause you
to miss big sales and big opportunities.

On today's show discover:
  • ... you really don’t have
  • spider senses (at least not when it comes to sales);
  • ... why focusing on “NO” is a
  • good way to go;
  • ... the simple technique top
  • salespeople use to earn big commissions!  

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    Sales is full of surprises! Like

    when you’re working with someone you thought for certain wasn’t
    going to buy and then all of a sudden they say “I’ll take
    it”

    If you’ve been in sales for any

    length of time, chances are really good this has happened to you.
    It’s still a surprise because it doesn’t happen that much. Most of
    the time when you think someone isn’t going to buy, you’re spot on,
    right?    

    Prejudging Costs Money

    You know prejudging customers is

    something that has probably resulted in hundreds of thousands of
    miss-opportunities. Have you ever said “I knew she wasn’t going to
    buy” (don’t worry we’ve all said it before) but the question is did
    your pre-conceived opinion influence what you did? Did she not buy
    because of the way you approached the sale? ... and for that matter
    would you rather be

    • right
    • and poor or
    • wrong
    • and rich?

      You know we sometimes think we can tell if our customer is going

      to buy and we use things like, they way someone talks, the
      questions they ask, the way they look and even where they live
      (none of which is an accurate indicator of someone’s desire to
      purchase a product)

      When you approach a customer thinking they aren’t going to buy

      it influences what you do. You don’t take as much time, you skip
      steps, you go right to the close. It can even impact the tone of
      your voice and how you come across. And what happens? The
      customers who weren’t going to buy won’t and some of the customers
      that were going to buy won’t....but you’ll be right...they weren’t
      going to buy anyway... (just hard to make that car payment being
      right).

      But what if you approached every

      customer as if they were going to buy? How would that change
      things? You wouldn’t cut corners, you’d have a more enthusiastic
      tone in your voice and you’d be friendly.  And the customers
      that were going to buy will buy and some of the customers that
      weren’t going to buy, will buy too!

      A True Story

      Boyd was a salesman at a local

      Chevy dealership. He was sitting at his desk finishing up some
      paperwork when he noticed a Blind man in the showroom with his
      seeing-eye dog.

      He also noticed that all the other salespeople were ignoring him

      and he thought  to himself “he must be lost”.  So he went
      up and asked the blind man if he needed any help. The blind- man
      (Roger) said yes, and told Boyd he was looking to buy a truck.

      Boyd’s first though was “this guy must be messing with me, but

      I’ll play along.” “What type of truck are you looking for
      Roger?”

      “I want a Black Silverado LTZ with Navigation and the

      works.”

      Again, Boyd was skeptical but

      kept playing along. “Sounds great Roger, who is the truck
      for?”

      “It’s for me”

      “Roger, I don’t mean to be rude

      but you’re blind. How could you drive a truck?”

      “Oh, well my son has a hardship license and chauffeurs me

      around.”

      In the end, Roger bought a

      $43,000 dollar truck right on the spot. Boyd was thrilled! The
      other salespeople were kicking themselves for listening to their
      “spider senses” and ignoring a blind man shopping for a car.
       

      Going for No

      But can your spider senses hurt

      you even after the customer says yes? Yes!

      After your customer says “Yes”

      to your main offer your next job is to Go for the No. What?
      Why should a salesperson EVER go for the no?

      Well here’s a quick story from the book

      Go for No! Yes is the Destination, No is How You Get
      There by Richard Fenton that explains it.

      A new salesman just made a huge sale over $1000.00 in clothes to

      one customer. He was really excited because his District Manager
      was visiting the store and he was sure he’d get some kudos and
      "atta boys" out of it.

      Sure enough the DM came over and congratulated him on a fine

      sale and shook his hand. Then he asked “What did the customer say
      no to?” The salesman said... “nothing he wanted all of it.” “I
      understand, said the DM but at what point did he say,
      no?” Slowly, the salesman
      understood that he was the one who had ended the shopping spree
      not the customer. Perhaps the customer would’ve purchased
      more.

      Sometimes we let our own biases get in the way of opportunity.

      For the salesman spending $1000 on clothing was the max he would
      ever spend but the customer may have a $5000 limit.

      Turn Off Your Spider Sense While You're on The Sales Floor

      We’ve talked a lot about money in this episode and of course

      sales is about helping your customer solve a problem but none of us
      can afford to do that for free. The point is, when you prejudge a
      customer and assume they aren’t going to buy, you can’t help them
      and you make no money. It’s a lose, lose situation.  And if
      you impose your spending limit on your customer you take away their
      opportunity for another product or service and limit the money you
      make.

      The pros know to treat every customer as if they are going to

      buy and once the say yes Pros “Go for the NO” and continue offering
      helpful products and services until the customer decides they have
      everything they need.

      Today’s One Two
      Punch
      Treat Every Customer Like
      They’re Going to Buy
      ...more
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      KO Sales CoachBy Steve Stearns