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Mastering Sales Techniques and Resistance

Aug 6, 2024

Lecture on Sales Techniques and Overcoming Sales Resistance

Introduction

  • Speaker interacting with various attendees and competitors in a sales context.
  • Emphasizes the need to differentiate from competitors.
  • Common responses from competitors focus on policies, pricing, and customer service.

Main Point: Selling is About Change

  • Definition of selling: change.
  • Sales involve convincing prospects that changing their situation (buying) is less risky than staying the same.
  • Human resistance to change is a significant barrier in sales.

Overcoming Resistance to Change

  • Salespeople need to address discomfort and unfamiliarity felt by prospects.
  • Importance of being empathetic and reducing sales pressure.

The Core of Selling: Results, Not Products

  • Emphasize the results of what the product does, not the product itself.
  • Example: Selling insurance isn't about the policy but about the financial protection for the family.

Three Steps to Becoming a Recession-Proof Sales Agent

  1. Problem Finder and Solver: Not a Product Pusher
    • Identify and solve customer problems.
    • Understanding customer pain points is crucial.
  2. Asking the Right Questions at the Right Time
    • Effective questioning leads to deeper understanding and trust.
    • Proper tone and timing are essential.
  3. Eliminating Sales Resistance
    • Disarm the prospect early in conversations.
    • Build trust and reduce objections through empathetic engagement.

Personal Story: Learning Advanced Sales Skills

  • Speaker’s background in door-to-door sales with security systems.
  • Initial struggles and eventual realization about outdated sales techniques.
  • Importance of learning advanced, behavior-based sales techniques.

Importance of Behavioral Science in Sales

  • Studying human behavior and decision-making is crucial.
  • Old sales techniques may not align with how people make decisions today.

Types of Sales Communication

  1. Boiler Room Selling
    • Aggressive and pushy.
    • Least persuasive according to data.
  2. Consultative Selling
    • Logical-based questioning introduced in the 80s.
    • More persuasive than boiler room selling but still limited by surface-level engagement.
  3. Dialogue (NEPQ - Neuro Emotional Persuasion Questions)
    • Most persuasive form of selling.
    • Focus on helping prospects persuade themselves by uncovering deeper emotional needs.

Techniques and Strategies

  • Presentation: Should be a small part of the sales process (10% or less).
  • Problem Awareness Questions: Find out root causes and consequences of problems.
  • Solution Awareness Questions: Help prospects envision a future with their problems solved.
  • Consequence Questions: Highlight the negative outcomes of inaction.
  • Commitment Questions: Guide prospects to take action.

Handling Common Sales Objections

  • Preventing Objections: Setting the stage early in the conversation to avoid objections later.
  • Responding to Resistance: Use empathetic and neutral language to disarm and engage prospects.

Real-life Sales Examples

  • Role-playing scenarios to show how to reduce sales pressure and uncover true objections.
  • Importance of pauses and neutral language in disarming objections.

Final Notes

  • Sales is about humanizing interactions and building trust.
  • Disarming prospects and reducing resistance leads to easier and more profitable sales.
  • Continuous learning and adapting to advanced skills are essential for sales success.

Conclusion

  • Recap of the three steps to becoming recession-proof:
    1. Becoming a problem finder and solver.
    2. Asking the right questions at the right time.
    3. Eliminating sales resistance.
  • Encouragement to follow the speaker on social media for more insights.