Walking into a sales meeting without doing your homework is exactly what every other salesperson does. Just a little bit of pre-call knowledge makes a big difference in how you present yourself. It means you know enough to understand what matters to them, and it prepares you to ask better questions when you get there.
In this episode of Purpose Under Pressure, host Bryan Lefelhoc, founder of Bryan Media Strategies, talks with Doug Whittington, Partner and Trainer at Sandler by the Ruby Group, about business acumen and why it can separate a professional salesperson from everyone else competing for a buyer’s attention.
Doug explains that product knowledge is important, but business acumen goes further: understanding how a company makes money, who its customers are, what is happening in its industry, and what pressures may be influencing its decisions. He also shares a simple “15-Minute Challenge” that can dramatically change the quality of the conversation.
Purpose Under Pressure is brought to you in partnership with Sandler by the Ruby Group, serving sales professionals and sales organizations nationwide from their locations in Akron and Columbus, Ohio, in Capital Region, New York, and in Jacksonville, Florida
Key Takeaways:
— Know how your prospect makes money. You don’t need to understand every detail of the business, but you should understand its basic revenue model, customers and priorities.
— Research the industry before the meeting. Look for market pressures, changes, opportunities or challenges that could be affecting the company.
— Don’t use research to prove how smart you are. Use what you learn to develop better questions and let the prospect explain how an issue is actually affecting the business.
— Never assume an industry trend affects every company the same way. Instead of saying, “I bet tariffs are hurting you,” acknowledge what is happening and ask whether it is affecting them.
— Earn equal business stature. Preparing enough to discuss business priorities can give you the confidence and credibility to have meaningful conversations with CEOs, CFOs and other senior decision-makers.
— Try the 15-Minute Challenge before your next important sales call: research for 10 minutes, then spend five minutes writing three or four business-focused questions you want to ask.
— Create a pre-call plan instead of winging it. Know what you want to accomplish, your desired outcome, the questions you want to ask, and the questions you expect the buyer may ask you.
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Helpful Links:
Doug Whittington, Sandler by the Ruby Group: https://go.sandler.com/therubygroup/
Bryan Lefelhoc, Owner, Bryan Media Strategies: https://www.bryanmediastrategies.com/