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Advanced Sales Techniques and Overcoming Objections
Jul 5, 2024
Sales Presentation Notes
Introduction
Speaker discussing the process of handling objections from prospects.
Interaction with audience members on stage to role-play responses to objections.
Emphasis on the importance of how competitors respond to similar objections and being aggressive yet natural in approach.
Key Concepts in Sales
Sales and Selling Defined
Relationships
: Building a connection with prospects.
Information
: Providing relevant details to the prospect.
Solutions
: Offering solutions to the prospect's problems.
Trust
: Building credibility and trust with the prospect.
Change
: The essence of sales is change—getting prospects to view change as less risky than staying in their current situation.
Human Behavior and Change
Humans do not like change, especially when initiated by high-pressure sales tactics.
Human behavior prefers familiar situations over unknown changes.
Overcoming fear of change involves selling the results of the product/service, not just the product/service itself.
Competitive Advantage in Sales
Differentiation through communication is crucial.
Knowing what to say, how to ask questions, and how to engage prospects is vital.
Three Key Steps for Successful Selling
1. Problem Finder and Problem Solver
Do not be a product pusher; identify and solve problems.
2. Asking the Right Questions at the Right Time
Tonality affects how questions are perceived.
Types of tones to use: Curious, Confused, Challenging, Concerned.
3. Eliminating Sales Resistance
Lower sales resistance to gain the prospect's trust.
Speaker’s Background and Experience
Speaker’s journey from a struggling sales student to a successful sales professional making seven figures yearly.
Importance of acquiring advanced sales skills and knowledge.
Human Communication Styles
Early Communication Styles
Boiler Room Selling
: Aggressive and least persuasive.
Consultative Selling
: Logical but still lacks emotional connection.
New Communication Style
Neuro-Emotional Persuasion Questioning (NEPQ)
: Brings out emotions, triggers emotional drivers, and helps prospects persuade themselves.
Scenarios and Questions
: Use a variety of questions to uncover deeper issues and emotional needs.
Sales Techniques and Strategies
Handling Objections
Use a neutral, unbiased tone to avoid triggering resistance.
Downplay the call and be empathetic to raise your status.
Get them to engage by appearing less assumptive.
Importance of Tonality and Body Language
Different tones for different questions (Curious, Concerned, Challenging).
Use body language to enhance the emotional tone of your questions.
Detailed Sales Process
Starting the Conversation
: Establish rapport by reducing perceived sales pressure.
Mid-Conversation Adjustments
: Use statements and questions to plant the idea of a lower offer without triggering resistance.
Ending the Conversation
: Use tone and body language to let the prospect's guard down and feel understood.
Final Thoughts
Avoiding traditional “always be closing” mentality in favor of “always be disarming.”
Introduction of a new cold calling script strategy using NEPQ.
Takeaways and Actions
Focus on acquiring right skills and strategies to overcome sales objections.
Resources: NEPQ Black Book of Questions and further training materials available through provided QR code.
Conclusion
Emphasize the importance of continuous learning and skill acquisition.
Sales success is tied to understanding and utilizing advanced selling techniques.
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Full transcript