Sales Information

Selling Services


Selling a service isn't the same as selling a product. Your prospect is buying an intangible. There are no shiny buttons to show off. You and your company are the visible representations of the service. You need to live up to them in your image. (marketing) And in how you "court" the prospect. (sales)

When you're marketing, you focus on opening your prospect's door. You're part of the day-to-day noise, which crowds in on her, every day. Your job is to break through that clutter and produce a good enough impression that she is willing to take the next step and meet with you.

Once you get to meet with a prospect, your goals shift. The two main goals in the sales meeting are to get the prospect to reveal their desires (needs analysis) and to see you as the best solution (positioning).

The sales meeting is your opportunity to take the positive image your marketing has created, and bring the sales/marketing cycle to a fruitful conclusion. In the sales meeting, the prospect must come to feel that you are more than competent, and that you can be trusted with her company, her career and her dreams.

The most important rule in sales: Talk little, listen much.

Spend 75% of your time listening. Ask questions and paraphrase the prospect's responses. As you do this, you're defining the background to the prospect's situation, confirming what their desires are, and discovering the prospect's personal agenda.

Note I say "desires", not "needs". Too many people try to sell what they perceive, believe or understand that people need. People don't deal very well with what they need, only what they want. Sometimes these coincide, but not always. Sell what your prospects want, their desires. Making dreams come true is a stronger sell--just ask Disney.

Once you've gathered sufficient data, summarize the key issues and their implications to the prospect's immediate and long-term well-being. The use of questioning, paraphrasing and summarizing, builds the perception of your expertise and trustworthiness. Your prospect will begin to believe in your ability to understand her unique issues.

And treat her issues as unique, even if you've seen them a hundred times before. Most people feel they are the only ones with their particular set of issues. Don't make them feel common.

It's important to assess your ability to live up to your prospect's expectations. If you can live up, then reassure the prospect with a simple, confident statement such as "I can help". If the prospect is interested in proceeding, begin identifying the parameters of the project. Begin by asking: "What's the specific end-result do you want to achieve from us working together?" Ask questions and follow-up questions to guide the prospect to begin defining the desired output and process, deadlines, budgets or other important project guidelines.

Before you get too far along in this contracting discussion, determine if your prospect is the real decision-maker. (If you haven't already.) Are there hidden decision-makers? (A decision-maker has the authority to approve or reject the terms of reference, any recommendations and implementation, can authorize payment and terminate the agreement.)

Tell the prospect what you need from her. Make sure that your prospect accepts joint client/provider accountability for success. Reinforce that you must be given the tools to succeed: access to information, people and other resources. Be clear about your fee structure. Make sure that your prospect understands it.

The sales cycle is completed by confirming the agreement in person and by following up with a written Letter of Agreement, or contract. It should contain your understanding of the Background, Project Scope, Project Plan, Fees, Expenses and Terms of Payment and any other relevant terms. For most small projects, don't get too wordy--one page will often suffice.

For many of us, selling is an uncomfortable, even frightening task. But it must be done if we are to have the chance to deliver the benefits we have to offer.

Keith Thirgood, Creative Director

Capstone Communications Group

Helping businesses get more business through innovative marketing

http://www.capstonecomm.com/

Markham, Ontario, Canada 905-472-2330

Subscribe to Thrive-on-line http://list.capstonecomm.com/mail.cgi?f=list&l=thrive_on_line


MORE RESOURCES:

Canada.com

Nintendo dominates May game sales
Australia.TO, Australia - 2 hours ago
US video game sales in May were up 37% on 2007 says market research firm NPD. Total spending on video games for May... was $1.12bn (£574m). ...
US video game sales seen up 53 percent in June Reuters
NPD: Nintendo Maintains Blistering Pace, Sony Doubles Hardware Sales PC World
Video game sales soar 53 percent in June BusinessWeek
FileFront - eFluxMedia
all 136 news articles


FOOL'S TAKE Carmaker sales clobbered in June
Detroit Free Press, United States - 3 hours ago
General Motors Corp., for example, saw its US sales drop by 18.5%. That's one reason behind the company's recent announcement that it is cutting workers, ...


Brocktown News

A look at Mattel 2nd-quarter sales by division
The Associated Press - Jul 18, 2008
Toy maker Mattel Inc. said Friday that second-quarter sales rose 11 percent to $1.11 billion, with a strong showing from items related to summer movies like ...
Mattel Profit Falls; Barbie Sales Slip TheStreet.com
Shrinking Sales, Margins Hurt Mattel Wall Street Journal
Mattel Reports Second Quarter 2008 Financial Results MarketWatch
Playthings - AHN
all 231 news articles


Fandango hopes its Movies.com helps sales
San Jose Mercury News,  USA - 2 hours ago
But online movie ticket sales are a niche business. Research outfit JupiterResearch, which tracks online commerce, said the revenue is still too small to ...


The sales tax sidestep
Chicago Tribune, United States - 22 hours ago
The sales tax on this dress in DuPage County would be $76.13. In Chicago, the sales tax on that same dress would be $107.63. Many shoppers are looking to ...
In the Perpetual Election -- county phone tax on, MTA tax off? Los Angeles Times
Revised transit spending plan takes in regional concerns Los Angeles Times
all 5 news articles


Franchise's moves spark surge in sales
Chicago Tribune, United States - 4 hours ago
That procedure is paying dividends as the Hawks say ticket sales are soaring in the wake of last week's announcement of the team being awarded the Winter ...


UPDATE: Delhaize Cuts 2008 Profit, Sales Outlook On Consumer Woes
CNNMoney.com - Jul 18, 2008
Sales are forecast to rise between 3% and 4.5% instead of 4% to 5.5%. In the US, same-store sales should rise by 1.5% to 2.5% rather than by the previously ...
Delhaize More Of A Purr Than A Roar Forbes
Delhaize warning sends chill through retail sector Reuters UK
Delhaize Group Updates 2008 Full-Year Outlook And Releases ... FOXBusiness
Bloomberg - Forbes
all 52 news articles


Sales tax hike on 2 council agendas
San Diego Union Tribune, United States - 23 hours ago
By Liz Neely El Cajon and La Mesa voters could be asked to increase the sales tax rate to help solve multimillion-dollar budget deficits in both cities. ...


Washington Post

Economic Report Summary: Disappointing Retail Sales
Seeking Alpha, NY - 1 hour ago
Soaring wholesale and consumer prices along with disappointing retail sales highlighted last week's economic reports. Stocks and bonds ended with the S&P ...
Wholesale prices soar in June; sales are sluggish The Associated Press
US Economy: Sales Short of Forecast, Prices Rise (Update1) Bloomberg
all 1,724 news articles


RTT News

Bittersweet Honeywell
Forbes, NY - Jul 18, 2008
The rise came on the back of a 14.1% sales increase to $9.7 billion from $8.5 billion. The results were slightly ahead of Wall Street's 94 cents per share ...
Honeywell Net Rises on Parts Demand; Forecast Boosted (Update3) Bloomberg
UPDATE: Honeywell's 2Q Net Up 18%; Co. Boosts Forecast Again CNNMoney.com
Honeywell Posts 18% Rise in Net, Wall Street Journal
Chicago Tribune - Trading Markets (press release)
all 225 news articles

Sales - Google News

home | site map
© 2006