Dermot McConkey - Sales Training event, January 14th
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Transcript of Dermot McConkey - Sales Training event, January 14th
FACTWe have to work harder, faster, more efficiently, for longer hours and with less job security than ever before. That is life today.
Physicians emphasise the need for hygiene in the prevention of illness. We must wash our hands before eating. Our environment must be clean to discourage the proliferation of pests that spread disease.
FACT The Thinking Parallel
Knowledge
Knowledge
Knowledge
You must prepare the mind for sales. You must positively plan who and how many you target - how and when you approach them- what questions you ask them - how you present your solution/s - how you ask for the business - how you ask for referrals. If you do not….your subconscious mind will take over and convince you its not going to work!
FACT The Sales Thinking Parallel
You know you must … * prepare the mind for sales. * positively plan who and how many you target * how and when you approach them * what questions you ask them * how you present your solution/s * how you ask for the business * how you ask for referrals.
FACT The Sales Thinking Parallel
Sales Fact Thesalesforcearegenerally
responsibleforupto
ofacompany'srevenueand
15% to 25% ofexpenses.
• Unemployment down from 15%+ to 9.4% • Recruitment growing again • Pay increases back…plus bonuses • Consumer confidence up / spending more • Economy growing • House prices increasing • Credit improving…a bit! • Euros 2016!
Reasons to be positive?
What is your time worth?
If Annual
earnings are
Every hour
is worth
Each minute
is worth
€50,000
€26.00
€0.43
€60,000
€31.00
€0.51
€75,000
€38.00
€0.64
€100,000
€51.00
€0.85
€125,000
€64.00
€1.07
2448hourworkingdays/assuming5dayworkingweek
Work when at work
DEMANDS
Minimum standards
Essential
procedures
Specific
tasks
Responsibility which cannot be delegated
Compliance & Regulation
Business retention and development
Move with
the times
Factors influencing business today
Sales
Targets
Health
& Safety
CONSTRAINTS
Resources
Technology
The
Organisation
Your Manager’s ability
Budget
Performance
Recent history
Factors influencing business today
Interest Rates
Recent history
What is
done
When it is
done
How it is
done
Who does it
CHOICES
Where it is done
Factors influencing business today
Focused email shot campaigns
Public relations: Celebrate anniversaries
Joint mailing exercises
Guest speaking at events
Interview articles with prospects
More industry involvement
CPD
Buy mailing lists and use
same Update your
Website
Write a book / booklet
Consider 3rd party link-ups
Product range diversification
Moving to fee based service
Look at skills improvement for me & staff
Exhibition stands
Compliance and regulation
Advertising
More technological advancements
Conduct more annual reviews
Develop customer service charter
Improve my letter / email / report writing skills
Engage telemarketing Videos eZines
Sponsorship
Develop Notice Board posters
Better teamwork
Consider mergers & acquisitions
Write a regular article for the media
Newsletters
Develop Social media
Develop referrals
Improve time management
Conduct research / publish findings
Run Seminars
Old thinking New thinking
Manage time Manage energyAvoid stress Seek stressLife is a marathon Life is a series of sprintsDowntime is wasted time Downtime is productive timeRewards fuel performance Purpose fuels performanceSelf discipline rules Rituals ruleThe power of positive thinking The power of full engagement
The Power of Full Engagement
Focus Focus Focus Focus Focus
TheM.O.U.N.Ques&onprocess
Yousaytoyourprospect
“Michelle we conducted a piece of research in this area and you might be
interested in our findings. 4 things jumped at us in particular.
TheM.O.U.N.Ques&onprocess
Askyourselfthe4ques&onsAnswerthe4ques&onsyourselfAsktheprospectthe4ques&onsThenpresentyour4answers
TheMOUNQues&onprocess
Mistakes
Overlook
Understand
Need to do or check out
D E C I S I O N
Askyourselfthe4ques&ons,answerthemyourself,asktheprospect,thengivethemyouranswers
No one wants to make mistakes others have made or are making
No one wants to overlook or not consider something of importance
No one wants to misunderstand anything of great importance
Everyone knows they should check out (or do) everything possible before committing to any important decision
today
What types of mistakes do customers tend to make while making this kind of decision? What do customers most frequently overlook or not consider? What are the most difficult things for a customer to understand? What would a customer need to do or check out to reach a fully informed decision?
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3
4
The M.O.U.N. Question strategy
TheM.O.U.N.Ques&onprocess
Askyourselfthe4ques&onsAnswerthe4ques&onsyourselfAsktheprospectthe4ques&onsThenpresentyour4answers
Say I’m selling Sales Training
What types of Mistakes do customers tend to make while making this kind of decision? Thinking they could do it better themselves. Not having experienced trainers and educators. Saves money! But…taking people away from their main jobs. Having limited external knowledge of market trends and new ideas. Not having a wide range of skills – telephone, written, F2F, Group presentation. Not having e.g telephone recording or video equipment
MISTAKES?
AMOUNonthesubjectoftraining/development
What do customers most frequently overlook or not consider? The benefit of an outsider giving advice (no political agenda). The benefit of improved performance on the bottom line. Staff retention. It can motivate staff to stay with the company. It builds staff’s confidence eg sales – asking for more orders / or referrals It can be part of a career development plan. Better long-term, customer relationships as a result. Perhaps it could qualify for support funding. It creates consistency across the board. If you think training is expensive, try not training!
OVERLOOK?
AMOUNonthesubjectoftraining/development
What are the most difficult things for customers to Understand? Cost benefit analysis – cost versus an investment? Not understanding how the competition have moved on. The human touch is better than technology – better connections. It creates a “subs bench” of stars to take the place of others in time. It can build motivation levels that leads to increased productivity. It promotes teamwork. It helps identify skills gaps. Provides an incentive to learn and grow. It needs to be continuous (repetition, repetition, repetition). It promotes innovation and creativity eg how to reduce costs. It can attract prime targets to your company.
UNDERSTAND?
AMOUNonthesubjectoftraining/development
What would a customer Need to do or check out to reach a fully informed decision? Pick an experienced professional who’s worked in your industry. Check out their testimonials – what others say about them. Check what they would do before, during and after? Check are they good communicators? Check if they have been published? If so, where? Check if they would they conduct a freebie presentation for you? What does their website say about them? What is their after-sales service like? What are their payment options?
NEED TO DO OR CHECK OUT?
AMOUNonthesubjectoftraining/development
The M.O.U.N. Question strategy could be done on…. Why use your product / service? Why use your company? Why use you as the KAM?