Selling Strategies for Engaging Veto Officers

Oct 17, 2024

Notes on "Selling to Veto" by Tony Paranello

Introduction

  • Author: Tony Paranello
  • Book: Selling to Veto, the very important top officer
  • Community: Join at vetosalestraining.com for further engagement

Chapter 2: Are You Ready to Sell to Veto?

  • Common doubts among salespeople about being ready to sell to Veto
  • Introduction to an effective method to assess readiness

Veto Insight Number 1: Common Traits with Veto

  • Salespeople often share similar traits with Veto
  • Key Traits of Veto:
    • Big egos, power, control, authority
    • Brief, direct, to the point
    • Self-assured, driven, goal-oriented
    • Highly accountable, competitive
    • Information seekers, innovative
    • Time-conscious, well-read, knowledgeable
    • Early adopters, risk-takers, direct communicators
  • Questions for Salespeople:
    • How many Veto traits do you possess?
    • Less than 2 traits: reconsider your career in sales
    • More than 3 traits: right fit for the book

Veto Insight Number 2: Veto Needs What You Have

  • Veto's thoughts on goals, plans, and objectives
  • Critical discoveries:
    • Vetoes in similar industries share common goals
    • A universal shortlist of critical Veto objectives
  • Veto's Shortlist:
    1. Increase revenues
    2. Improve efficiencies and effectiveness
    3. Cut and contain costs
    4. Stay in compliance
  • Salesperson's Task: Identify how products/services align with Veto's goals
  • Exercise:
    • Imagine your product/service disappearing overnight
    • Evaluate the impact on Veto's company and goals

Veto Insight Number 3: You are Veto

  • Sales expectations align with Veto's objectives
  • Key Expectations:
    1. Revenue generation
    2. Efficiency and resource management
    3. Cost and time containment
    4. Compliance
  • Salespeople and Veto share similar measurement criteria
  • Veto Rules:
    1. Veto will like you because you are like Veto
    2. Veto will appreciate what your product can do
    3. Similarities in job measurement between salespeople and Veto

Conclusion: Ready to Sell to Veto

  • Understanding the alignment of traits, goals, and measurement is key to selling to a Veto
  • Salespeople are encouraged to analyze their alignment with Veto's objectives and traits