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Atricle Dump - Sales Recovery: How To Manage a Sale Going Wrong
Hot Air Balloon Advertising Works rson doubt that he, personally, would have missed a long-standing problem that delayed a large sale by years – even when the people who missed this issue were 5 very very senior partners of a well-established international consulting group who were partnering with every single “C” level exec. Oh… the arrogance of our profession!Traditional advertising consists of tri-media meaning the television, radio and print. These mediums are still very powerful and effective but more and more marketing people are entertaining the idea of using non traditional advertising. This is mainly because traditional media is becoming so saturated and also becoming very expensive.In order for your brand or message to get across, a marketer should make sure that the medium used is unique from the rest. Small brands on the other hand have no budget as big as established brands so there is the challenge to find not only unique mediums but mediums that will not cost so much money. This challenge has opened many new entrepreneurs to think of all sorts of non traditional advertising.One of the hit non traditional advertising options is hot air balloon advertising. Hot air balloons used to be just decorations in air much like fireworks. Ingenious people of the olden times came up with ideas on how to use it as a recreational tool by making it possible for people to ride on it.Now hot air balloon fairs are famous all over the world. Young and old people flock to these fairs to ride in these balloons or simply to marvel at the beautiful colors as they are launched into the air.Entrepreneurs then noticed that hot air balloon has a potential to be a medium of advertising. A very keen observer will see the potential of hot air balloons when placed in any event. Hot air balloons can be designed. It has enough space for a logo and tagline. The most important thing is that it is visible to the naked eye even from af WHAT TO DO Once you hear any of the above objections (or any others), you can actually get back in the game by using the Buying Decision Funnel and lead the prospect through all of the decisions that need to be managed in order to make a new decision. The Funnel will lead the prospect from strategic to tactical decisions that her entire system will have to address. We’re talking about CHANGE here, not just about solving the identified problem. Remember that the prospect does not seek your product: she seeks to resolve a business problem and your product may help her do that. And she will not consider making a purchase until she’s tried every conceivable approach to solving the problem with resources already familiar to her (go to http://www.newsalesparadigm.com/buyfac.html and read up on the sequence of buyer’s decision making). Your new job is to ask systems-based questions that will lead the prospect to her own answers – not use information-based questions that will help her buy your product. [Should you wish to learn more about this, go to www.buyingfacilitation.com and purchase my ebook Buying Facilitation: the new way to sell that expands and influences decisions]. Here are a couple of examples to help you move the prospect through their decisions when you hear that the sales is stuck: What I hear you saying is X and that your timing might not be what we first discussed. What would you need to know or do differently in order to have ready whatever needs to be managed in order to move forward when it’s the right time? How would you know that my product would offer a solution that your team would be able to adopt and recognize as a reliable alternative/addition to what you’re currently using? Of course, I can’t give you all possible Facilitative Questions here as they need to be formulated as per the conversation. Just note that when formulating the questions, include systems elements surrounding the perceived problem (including roles, rules, relationships, politics, vendor manage History Of The Lighting Tower Do you know the difference between which prospect you’ll close and which one you’ll lose?Who invented the first portable lighting tower?This depends largely on your definition of a lighting tower. A broad definition could include something as simple as a candle or primitive torch placed on a tall mast to cast light over a large area, such a device has probably been in use since the Stone Age.In more recent history it’s un-clear as to when the modern lighting tower was invented. Researching patent applications indicates that machines not dissimilar to today’s lighting towers were being designed in the 1930s.A patent from 1932 shows what might be the first machine of its kind filed in US patent 1934576 and is named as a “Portable floodlighting unit for airports”.The patent describes a chassis with 4 wheels at each corner (allowing the machine to be towed), a generator powered by an engine and one large electric lamp at each end of the vehicle. The machine is designed to be used to provide on-demand lighting of alternative landing sites at airports on occasions when the main landing areas are out of use because of adverse weather conditions.More recently in 1980 a US patent 4181929 was filed for a Portable illuminating tower that illustrates a much closer resemblance to modern day lighting towers.The US patent 4181929 describes a portable lighting tower consisting of a base frame (which contains an engine and generator) and a vertical, extending, hydraulic mast with two electric lamps at the upper end. The unit does not permit towing but instead is lightweight and compact enough to be easily transported. The de How can you tell, midway through a sale, whether you’re on track for success or you’ve lost the deal? How can you tell, in advance, that the sale won't close... ever? All prospect situations seem to be going along successfully until they aren’t. You work hard to find the prospect who has appropriate need and interest. You do your front end due diligence. You promote and pitch the product professionally. You follow the process of objections, time delays, surprises. You even project a time when the sale will close – much to your manager’s dismay. And you hope, hope, that this time all of your hard work will pay off. But it’s a guess. There seems to be no way of knowing which prospect will actually close, and which one will disappear forever into choices you have no control over. OUT OF THE LOOP How do you end up being wrong so often? Most calculations state that from first prospecting call to close, only approximately 7% of your prospects will make a purchase. If that’s true – or anything close to that number is true – you’re wasting, say, 90% of your time. What’s even worse, you believe that you’re going to be successful until far into your time wastage. I know I personally sometimes either deny signs that a sale might be going south, or arrogantly believe I can save the day somehow. But the reality is, as outsiders, the only data you have is either data your prospect has chosen to share, or from your own best guess based on similar situations. One of the problems is that you’re basing your hopes and guesswork on historic patterns – buyers who have bought given the same fact pattern, or problems you know your product can resolve and seem to be a perfect fit. It seems logical that the new prospect should buy if they want their problem solved. As an outsider to the buyer’s unique cultural norms and mental models, you have no way of going into the team or Problem Space of the prospect because you don’t live there with them. You don’t know their internal politics, or the complete set of people issues that must be managed; you don’t know exactly what is maintaining the problem that your product can solve – if the prospect knew how, the problem would have been solved ‘yesterday’ (and why wasn’t it??); you can’t know all of the hidden agendas, the office politics, the historic problems that must be resolved before a purchasing decision can happen. CHANGING THE POSSIBILITIES Let me tell you a story about how assumptions get us into trouble. It’s not specifically about how a sale was lost without knowing why, but a story of how a sale never got to happen because the sales approach was wrong and the seller didn’t know how to recognize what didn’t work. It’s the same premise: operating from the assumption that the seller 'knows' what’s going on and doesn't recognize his own approach as being part of the problem. I know this tale intimately: it happened with a new member of my team who was recently trained and just getting his head around the difference between selling and helping someone manage all of the elements necessary for a buying decision. My salesperson told me he was having problems getting a good response from a specific industry when he made cold calls. He was quite frustrated because he only had a finite number to call, and asked what he’d do when he’d completed all calls in the category without a sale. It was obvious to him that we were in the wrong industry, given the responses he was getting. When I asked him what he was doing, he shared a scenario that made it clear that he was using conventional sales techniques, and hence received conventional responses. Here is how one of his conversations went: Seller/John: Hello. My name is John from Morgen Facilitations. This is a sales call. Is this is a good time to speak? [So far, so good.] Prospect: Sure. I’ve got a few minutes. What are you selling? John: A new paradigm sales training. How are you currently bringing new thinking into your team to enhance their skills? [Good job, John. On the money.] Prospect: We purchase scripts that we have designed especially for our product. We’ve used this scripting service for a long time, and we’re happy with them. They give us the results we seek. John: So what I hear you saying is [Good so far.] that you are happy with a result that might be less than what you could be getting if you were using a different sales model [LOST IT. Told the guy he’s stupid.] Prospect: I’m really satisfied with our results and don’t want to change anything. Maybe you can call back in a year or so when we’re in the market for new training, and we can take another look then. Thanks for the call. John did what so many sellers do: attempt to lead the buyer to the conclusion that they need the seller’s product, and in the process they don’t acknowledge the buyer’s success, historic decisions, internal systems, company politics, vendor relationships, staff comfort. And the prospect shuts down. John’s final assessment was that the buyer wasn’t interested. It never occurred to him that anything he was doing might have caused the response, and he had no insight into what was really going on internally. Indeed, John had no way of knowing whether there was interest or not. The response he got was a buyer reacting to a stranger who attempted to get him to change to something unknown, and who told him metaphorically that his historic decisions were stupid. He did all he could do: he left the interaction. John set up the buyer’s response and blamed it on the buyer. SUPPORT THE SOLUTION DESIGN But look at the new possibilities if you have the buyer add in the considerations necessary for him to consider changing. Here’s what I would have said, using Buying Facilitation questions and summary: I hear that you have a system in place that has worked for you over time and that you have been extremely happy with. What would you need to think about to consider the possibility of adding a new skill set to your current methods in case there might be even more success possible? Other Facilitative Questions might be: What would you need to know about a new model to recognize that it might fit into your values and brand? How would you know that new material, such as we have, would even have a possibility of working in your work situation? And, later into the conversation: Given you’ve had the scripts in place for so long, how would you need to manage the team learning to ensure they could add something new without causing them distress or loss of revenue? A prospect's response to this exchange would be thoughtful, get him considering decisions he had made, and open up new possibilities without threatening existing internal systems. With the proper decision directing questions the Facilitation process helps the prospect design a solution and direct him through the range of decisions he'd need to manage anyway if he were to make a change by purchasing your product. This is the aspect missing from the ‘selling’ model and what keeps sellers in the dark: buyers are fighting hidden internal systems that maintain their status quo and until they address these monsters they can’t buy. Anything that rears its head must be addressed, and whatever has been used in place of your product - whatever people or rules or relationships or politics or historic systems that have any touch-points around the decision to bring in a new solution – will keep the process from moving forward. By having your communication based around product placement (and your information gathering and relationship building are all based on ultimately placing product), you remain out of the loop with no way for you to take any lead on the change that needs to occur within the prospect’s environment. The best you can do is to direct the buyer in the area your product can solve; you can’t get in there with him to help him formulate his own system of change. HOW TO KNOW WHEN IT’S NOT WORKING Here is what you’ll hear when the sale is going wrong: * One of our partners just contacted us and might be able to help us straighten out our problem; * We have a new initiative starting soon. We’ll need to wait until we’re farther along on the implementation before we can move forward; * There has been so much change here. I’d like to speak with you again in 6 months when things have calmed down here; * I think we’re going to continue using what we’ve got for now. Can you call in about 3 months and see if we’re ready then? * The people who have given us our current X are coming up with a new product that might be able to do what we want. It won’t be out for 2 months, but we’ll need to wait ‘til then to trial it. * I’ll need to run this by a few more people. * We need to make sure we’ve got the budget for this. * We were thinking of a solution that is a bit simpler than what you and I have come up with. We’re either going to have to scale this back, or wait ‘til there is budget next year. Whatever the excuse, it’s built around an internal system that you are unaware of and can lead to surprises. From where you stand, you can only see a problem that your product resolves. I recently heard a conventional sales person doubt that he, personally, would have missed a long-standing problem that delayed a large sale by years – even when the people who missed this issue were 5 very very senior partners of a well-established international consulting group who were partnering with every single “C” level exec. Oh… the arrogance of our profession! WHAT TO DO Once you hear any of the above objections (or any others), you can actually get back in the game by using the Buying Decision Funnel and lead the prospect through all of the decisions that need to be managed in order to make a new decision. The Funnel will lead the prospect from strategic to tactical decisions that her entire system will have to address. We’re talking about CHANGE here, not just about solving the identified problem. Remember that the prospect does not seek your product: she seeks to resolve a business problem and your product may help her do that. And she will not consider making a purchase until she’s tried every conceivable approach to solving the problem with resources already familiar to her (go to http://www.newsalesparadigm.com/buyfac.html and read up on the sequence of buyer’s decision making). Your new job is to ask systems-based questions that will lead the prospect to her own answers – not use information-based questions that will help her buy your product. [Should you wish to learn more about this, go to www.buyingfacilitation.com and purchase my ebook Buying Facilitation: the new way to sell that expands and influences decisions]. Here are a couple of examples to help you move the prospect through their decisions when you hear that the sales is stuck: What I hear you saying is X and that your timing might not be what we first discussed. What would you need to know or do differently in order to have ready whatever needs to be managed in order to move forward when it’s the right time? How would you know that my product would offer a solution that your team would be able to adopt and recognize as a reliable alternative/addition to what you’re currently using? Of course, I can’t give you all possible Facilitative Questions here as they need to be formulated as per the conversation. Just note that when formulating the questions, include systems elements surrounding the perceived problem (including roles, rules, relationships, politics, vendor managem How Much Does it Cost to Build a Truck Wash? ’t know all of the hidden agendas, the office politics, the historic problems that must be resolved before a purchasing decision can happen.Many folks want to build a truck wash and then start making a business plan. They go look at a truck wash and then think to themselves, well I can build something like that cheap enough. Get a steal building, put down some concrete, buy some equipment and suddenly I am in business right? Sure, in theory.How Much Does it Cost to Build a Truck Wash? Well, down and dirty somewhere between $225K to $400K not including property. I have seen them done cheaper, but generally by the time it is completed it comes out to a heck of a lot more. And once you build a truck wash you want to be sure it makes money to pay off all those loans and the ROI on the property too. But what about the cost of the truck washing services? Well consider about $28.50 to $35.00 average ticket. Now most truck washes get a good $45 to $ 55 for a tractor trailer rig, but due to some local fleet deals, some bobtails and full price combos the average is generally lower. As the Founder of the Truck Wash Guys often new entrants into the market will ask me questions about the industry for instance this recent question;"The truck wash model appears very compelling. Do you have any rules of thumb as to what I should expect to pay to build one, what ticket average I might look for, and how much I can expect to drop to the bottom line?"The answer is that these costs vary by region and it is not such a simple answer. Although I do hope you learned a little bit from today’s discussions? I certainly hope this article is of interest and that is has propelled thought. The goal is simple; to help you in CHANGING THE POSSIBILITIES Let me tell you a story about how assumptions get us into trouble. It’s not specifically about how a sale was lost without knowing why, but a story of how a sale never got to happen because the sales approach was wrong and the seller didn’t know how to recognize what didn’t work. It’s the same premise: operating from the assumption that the seller 'knows' what’s going on and doesn't recognize his own approach as being part of the problem. I know this tale intimately: it happened with a new member of my team who was recently trained and just getting his head around the difference between selling and helping someone manage all of the elements necessary for a buying decision. My salesperson told me he was having problems getting a good response from a specific industry when he made cold calls. He was quite frustrated because he only had a finite number to call, and asked what he’d do when he’d completed all calls in the category without a sale. It was obvious to him that we were in the wrong industry, given the responses he was getting. When I asked him what he was doing, he shared a scenario that made it clear that he was using conventional sales techniques, and hence received conventional responses. Here is how one of his conversations went: Seller/John: Hello. My name is John from Morgen Facilitations. This is a sales call. Is this is a good time to speak? [So far, so good.] Prospect: Sure. I’ve got a few minutes. What are you selling? John: A new paradigm sales training. How are you currently bringing new thinking into your team to enhance their skills? [Good job, John. On the money.] Prospect: We purchase scripts that we have designed especially for our product. We’ve used this scripting service for a long time, and we’re happy with them. They give us the results we seek. John: So what I hear you saying is [Good so far.] that you are happy with a result that might be less than what you could be getting if you were using a different sales model [LOST IT. Told the guy he’s stupid.] Prospect: I’m really satisfied with our results and don’t want to change anything. Maybe you can call back in a year or so when we’re in the market for new training, and we can take another look then. Thanks for the call. John did what so many sellers do: attempt to lead the buyer to the conclusion that they need the seller’s product, and in the process they don’t acknowledge the buyer’s success, historic decisions, internal systems, company politics, vendor relationships, staff comfort. And the prospect shuts down. John’s final assessment was that the buyer wasn’t interested. It never occurred to him that anything he was doing might have caused the response, and he had no insight into what was really going on internally. Indeed, John had no way of knowing whether there was interest or not. The response he got was a buyer reacting to a stranger who attempted to get him to change to something unknown, and who told him metaphorically that his historic decisions were stupid. He did all he could do: he left the interaction. John set up the buyer’s response and blamed it on the buyer. SUPPORT THE SOLUTION DESIGN But look at the new possibilities if you have the buyer add in the considerations necessary for him to consider changing. Here’s what I would have said, using Buying Facilitation questions and summary: I hear that you have a system in place that has worked for you over time and that you have been extremely happy with. What would you need to think about to consider the possibility of adding a new skill set to your current methods in case there might be even more success possible? Other Facilitative Questions might be: What would you need to know about a new model to recognize that it might fit into your values and brand? How would you know that new material, such as we have, would even have a possibility of working in your work situation? And, later into the conversation: Given you’ve had the scripts in place for so long, how would you need to manage the team learning to ensure they could add something new without causing them distress or loss of revenue? A prospect's response to this exchange would be thoughtful, get him considering decisions he had made, and open up new possibilities without threatening existing internal systems. With the proper decision directing questions the Facilitation process helps the prospect design a solution and direct him through the range of decisions he'd need to manage anyway if he were to make a change by purchasing your product. This is the aspect missing from the ‘selling’ model and what keeps sellers in the dark: buyers are fighting hidden internal systems that maintain their status quo and until they address these monsters they can’t buy. Anything that rears its head must be addressed, and whatever has been used in place of your product - whatever people or rules or relationships or politics or historic systems that have any touch-points around the decision to bring in a new solution – will keep the process from moving forward. By having your communication based around product placement (and your information gathering and relationship building are all based on ultimately placing product), you remain out of the loop with no way for you to take any lead on the change that needs to occur within the prospect’s environment. The best you can do is to direct the buyer in the area your product can solve; you can’t get in there with him to help him formulate his own system of change. HOW TO KNOW WHEN IT’S NOT WORKING Here is what you’ll hear when the sale is going wrong: * One of our partners just contacted us and might be able to help us straighten out our problem; * We have a new initiative starting soon. We’ll need to wait until we’re farther along on the implementation before we can move forward; * There has been so much change here. I’d like to speak with you again in 6 months when things have calmed down here; * I think we’re going to continue using what we’ve got for now. Can you call in about 3 months and see if we’re ready then? * The people who have given us our current X are coming up with a new product that might be able to do what we want. It won’t be out for 2 months, but we’ll need to wait ‘til then to trial it. * I’ll need to run this by a few more people. * We need to make sure we’ve got the budget for this. * We were thinking of a solution that is a bit simpler than what you and I have come up with. We’re either going to have to scale this back, or wait ‘til there is budget next year. Whatever the excuse, it’s built around an internal system that you are unaware of and can lead to surprises. From where you stand, you can only see a problem that your product resolves. I recently heard a conventional sales person doubt that he, personally, would have missed a long-standing problem that delayed a large sale by years – even when the people who missed this issue were 5 very very senior partners of a well-established international consulting group who were partnering with every single “C” level exec. Oh… the arrogance of our profession! WHAT TO DO Once you hear any of the above objections (or any others), you can actually get back in the game by using the Buying Decision Funnel and lead the prospect through all of the decisions that need to be managed in order to make a new decision. The Funnel will lead the prospect from strategic to tactical decisions that her entire system will have to address. We’re talking about CHANGE here, not just about solving the identified problem. Remember that the prospect does not seek your product: she seeks to resolve a business problem and your product may help her do that. And she will not consider making a purchase until she’s tried every conceivable approach to solving the problem with resources already familiar to her (go to http://www.newsalesparadigm.com/buyfac.html and read up on the sequence of buyer’s decision making). Your new job is to ask systems-based questions that will lead the prospect to her own answers – not use information-based questions that will help her buy your product. [Should you wish to learn more about this, go to www.buyingfacilitation.com and purchase my ebook Buying Facilitation: the new way to sell that expands and influences decisions]. Here are a couple of examples to help you move the prospect through their decisions when you hear that the sales is stuck: What I hear you saying is X and that your timing might not be what we first discussed. What would you need to know or do differently in order to have ready whatever needs to be managed in order to move forward when it’s the right time? How would you know that my product would offer a solution that your team would be able to adopt and recognize as a reliable alternative/addition to what you’re currently using? Of course, I can’t give you all possible Facilitative Questions here as they need to be formulated as per the conversation. Just note that when formulating the questions, include systems elements surrounding the perceived problem (including roles, rules, relationships, politics, vendor manage Benefits of Outsourcing Facilities Management market for new training, and we can take another look then. Thanks for the call.Outsourcing is transferring business processes from one company to another. The concept is to have the management or day-to-day execution of one or more business functions performed by a third-party service provider who is already in sourcing those same business processes. A parent company uses the outside firm to provide a business function that could have been done in-house. The aim of outsourcing is to make the business or organization more competitive by staying focused on its core competencies.Benefits of outsourcing:• The company functions on a continuous or ongoing basis rather than on any specific single project. • It enables companies to focus on their core business function. Outsourcing takes care of ancillary functions in part or in totality. This optimizes the company’s growth based on its core or specific business. • Reduces operating costs by focusing on major business area. This way, the capital funds always remain available for the core business instead of being diverted to other supporting portions of the business. • Improves productivity and service by standardizing all operations and processes across your global portfolio. The outsourcing vendor manages your global portfolio comprehensively, thus increasing the lifespan of your portfolio. • Outsourcing when taken off shore gives you access to world-class capabilities. You can leverage global resource networks to support your business. It gives you another perspective or dimension to the existing business for more efficiency. • With the shrinking world and cross-culture acros John did what so many sellers do: attempt to lead the buyer to the conclusion that they need the seller’s product, and in the process they don’t acknowledge the buyer’s success, historic decisions, internal systems, company politics, vendor relationships, staff comfort. And the prospect shuts down. John’s final assessment was that the buyer wasn’t interested. It never occurred to him that anything he was doing might have caused the response, and he had no insight into what was really going on internally. Indeed, John had no way of knowing whether there was interest or not. The response he got was a buyer reacting to a stranger who attempted to get him to change to something unknown, and who told him metaphorically that his historic decisions were stupid. He did all he could do: he left the interaction. John set up the buyer’s response and blamed it on the buyer. SUPPORT THE SOLUTION DESIGN But look at the new possibilities if you have the buyer add in the considerations necessary for him to consider changing. Here’s what I would have said, using Buying Facilitation questions and summary: I hear that you have a system in place that has worked for you over time and that you have been extremely happy with. What would you need to think about to consider the possibility of adding a new skill set to your current methods in case there might be even more success possible? Other Facilitative Questions might be: What would you need to know about a new model to recognize that it might fit into your values and brand? How would you know that new material, such as we have, would even have a possibility of working in your work situation? And, later into the conversation: Given you’ve had the scripts in place for so long, how would you need to manage the team learning to ensure they could add something new without causing them distress or loss of revenue? A prospect's response to this exchange would be thoughtful, get him considering decisions he had made, and open up new possibilities without threatening existing internal systems. With the proper decision directing questions the Facilitation process helps the prospect design a solution and direct him through the range of decisions he'd need to manage anyway if he were to make a change by purchasing your product. This is the aspect missing from the ‘selling’ model and what keeps sellers in the dark: buyers are fighting hidden internal systems that maintain their status quo and until they address these monsters they can’t buy. Anything that rears its head must be addressed, and whatever has been used in place of your product - whatever people or rules or relationships or politics or historic systems that have any touch-points around the decision to bring in a new solution – will keep the process from moving forward. By having your communication based around product placement (and your information gathering and relationship building are all based on ultimately placing product), you remain out of the loop with no way for you to take any lead on the change that needs to occur within the prospect’s environment. The best you can do is to direct the buyer in the area your product can solve; you can’t get in there with him to help him formulate his own system of change. HOW TO KNOW WHEN IT’S NOT WORKING Here is what you’ll hear when the sale is going wrong: * One of our partners just contacted us and might be able to help us straighten out our problem; * We have a new initiative starting soon. We’ll need to wait until we’re farther along on the implementation before we can move forward; * There has been so much change here. I’d like to speak with you again in 6 months when things have calmed down here; * I think we’re going to continue using what we’ve got for now. Can you call in about 3 months and see if we’re ready then? * The people who have given us our current X are coming up with a new product that might be able to do what we want. It won’t be out for 2 months, but we’ll need to wait ‘til then to trial it. * I’ll need to run this by a few more people. * We need to make sure we’ve got the budget for this. * We were thinking of a solution that is a bit simpler than what you and I have come up with. We’re either going to have to scale this back, or wait ‘til there is budget next year. Whatever the excuse, it’s built around an internal system that you are unaware of and can lead to surprises. From where you stand, you can only see a problem that your product resolves. I recently heard a conventional sales person doubt that he, personally, would have missed a long-standing problem that delayed a large sale by years – even when the people who missed this issue were 5 very very senior partners of a well-established international consulting group who were partnering with every single “C” level exec. Oh… the arrogance of our profession! WHAT TO DO Once you hear any of the above objections (or any others), you can actually get back in the game by using the Buying Decision Funnel and lead the prospect through all of the decisions that need to be managed in order to make a new decision. The Funnel will lead the prospect from strategic to tactical decisions that her entire system will have to address. We’re talking about CHANGE here, not just about solving the identified problem. Remember that the prospect does not seek your product: she seeks to resolve a business problem and your product may help her do that. And she will not consider making a purchase until she’s tried every conceivable approach to solving the problem with resources already familiar to her (go to http://www.newsalesparadigm.com/buyfac.html and read up on the sequence of buyer’s decision making). Your new job is to ask systems-based questions that will lead the prospect to her own answers – not use information-based questions that will help her buy your product. [Should you wish to learn more about this, go to www.buyingfacilitation.com and purchase my ebook Buying Facilitation: the new way to sell that expands and influences decisions]. Here are a couple of examples to help you move the prospect through their decisions when you hear that the sales is stuck: What I hear you saying is X and that your timing might not be what we first discussed. What would you need to know or do differently in order to have ready whatever needs to be managed in order to move forward when it’s the right time? How would you know that my product would offer a solution that your team would be able to adopt and recognize as a reliable alternative/addition to what you’re currently using? Of course, I can’t give you all possible Facilitative Questions here as they need to be formulated as per the conversation. Just note that when formulating the questions, include systems elements surrounding the perceived problem (including roles, rules, relationships, politics, vendor manage Management Styles ere to make a change by purchasing your product.McGregor suggests that two contrasting styles of management are preferred attitudinal styles of individual managers. Theory Y requires a more participative management style rather than an authoritative one. McGregor believes that managers can change their style and doubts the efficacy of Theory X in achieving organizational objectives.Other writers have looked at the underlying styles of management to gauge their effectiveness. Blake and Mouton devised a grid that plots a manager’s responses to a questionnaire and analyses whether that manager is task or people oriented. There are five atypical styles that are featured at the corners and centre of the grid, ranging from impoverished management (low concern for both production and people) through to team management (high concern for both people and production).Other organizational behaviorists have identified similar styles including Likert and Reddin. Reddin devised a 3--d model, developed from the Blake Mouton Grid. The model adds a third dimension of managerial effectiveness to task orientation (TO) and relationship orientation (RO). Reddin identifies four basic styles. These are Separated (Low TO and RO), Dedicated (High TO), Related (High RO) and Integrated (High TO and RO). Each of these styles can be effective or ineffective subject to the situational context. Managerial effectiveness is distinguished from apparent and personal effectiveness.The application of managerial effectiveness to the four basic styles gives eight styles, four are considered more effective. The success of managerial effectiveness This is the aspect missing from the ‘selling’ model and what keeps sellers in the dark: buyers are fighting hidden internal systems that maintain their status quo and until they address these monsters they can’t buy. Anything that rears its head must be addressed, and whatever has been used in place of your product - whatever people or rules or relationships or politics or historic systems that have any touch-points around the decision to bring in a new solution – will keep the process from moving forward. By having your communication based around product placement (and your information gathering and relationship building are all based on ultimately placing product), you remain out of the loop with no way for you to take any lead on the change that needs to occur within the prospect’s environment. The best you can do is to direct the buyer in the area your product can solve; you can’t get in there with him to help him formulate his own system of change. HOW TO KNOW WHEN IT’S NOT WORKING Here is what you’ll hear when the sale is going wrong: * One of our partners just contacted us and might be able to help us straighten out our problem; * We have a new initiative starting soon. We’ll need to wait until we’re farther along on the implementation before we can move forward; * There has been so much change here. I’d like to speak with you again in 6 months when things have calmed down here; * I think we’re going to continue using what we’ve got for now. Can you call in about 3 months and see if we’re ready then? * The people who have given us our current X are coming up with a new product that might be able to do what we want. It won’t be out for 2 months, but we’ll need to wait ‘til then to trial it. * I’ll need to run this by a few more people. * We need to make sure we’ve got the budget for this. * We were thinking of a solution that is a bit simpler than what you and I have come up with. We’re either going to have to scale this back, or wait ‘til there is budget next year. Whatever the excuse, it’s built around an internal system that you are unaware of and can lead to surprises. From where you stand, you can only see a problem that your product resolves. I recently heard a conventional sales person doubt that he, personally, would have missed a long-standing problem that delayed a large sale by years – even when the people who missed this issue were 5 very very senior partners of a well-established international consulting group who were partnering with every single “C” level exec. Oh… the arrogance of our profession! WHAT TO DO Once you hear any of the above objections (or any others), you can actually get back in the game by using the Buying Decision Funnel and lead the prospect through all of the decisions that need to be managed in order to make a new decision. The Funnel will lead the prospect from strategic to tactical decisions that her entire system will have to address. We’re talking about CHANGE here, not just about solving the identified problem. Remember that the prospect does not seek your product: she seeks to resolve a business problem and your product may help her do that. And she will not consider making a purchase until she’s tried every conceivable approach to solving the problem with resources already familiar to her (go to http://www.newsalesparadigm.com/buyfac.html and read up on the sequence of buyer’s decision making). Your new job is to ask systems-based questions that will lead the prospect to her own answers – not use information-based questions that will help her buy your product. [Should you wish to learn more about this, go to www.buyingfacilitation.com and purchase my ebook Buying Facilitation: the new way to sell that expands and influences decisions]. Here are a couple of examples to help you move the prospect through their decisions when you hear that the sales is stuck: What I hear you saying is X and that your timing might not be what we first discussed. What would you need to know or do differently in order to have ready whatever needs to be managed in order to move forward when it’s the right time? How would you know that my product would offer a solution that your team would be able to adopt and recognize as a reliable alternative/addition to what you’re currently using? Of course, I can’t give you all possible Facilitative Questions here as they need to be formulated as per the conversation. Just note that when formulating the questions, include systems elements surrounding the perceived problem (including roles, rules, relationships, politics, vendor manage Job Interviews -- The Four Worst Objections You'll Face and How to Deal with Them rson doubt that he, personally, would have missed a long-standing problem that delayed a large sale by years – even when the people who missed this issue were 5 very very senior partners of a well-established international consulting group who were partnering with every single “C” level exec. Oh… the arrogance of our profession!Dealing with tough questions and objections is an essential part of job interviews. Here are four common ones that derail many candidates. Read on to find out what they are and how you can deal with them.Objection #1: You’ve been fired from your last job First of all, don’t blow the issue out of proportion, either to yourself or to the interviewer. Remember, this is fairly common these days. Employers know it too.There are at least three ways you can handle this issue. If you left your previous employer on reasonably cordial terms, consider asking them to allow you to say you resigned from the job. Many employers will agree to this.Another option is to state the facts in a concise, drama-free manner. Tactfully discuss what happened and acknowledge your role in it. You could mention a difference of opinion or personal style as a root cause. Often, candidates who take this approach find that the whole thing was no big deal to the new employer.A third way out is to avoid mentioning the job from which you were fired. This may work if you held it for less than five or six months. I personally don’t advocate lying in your resume -- it is unethical and can backfire badly -- but you should be aware that this is an option some candidates use effectively.Objection #2: You have bad references Don’t assume that your previous employer will say only good things about you when someone calls up for a reference check. If you suspect that your boss may give bad feedback, find someone else to act as your reference. Possibilities include your bo WHAT TO DO Once you hear any of the above objections (or any others), you can actually get back in the game by using the Buying Decision Funnel and lead the prospect through all of the decisions that need to be managed in order to make a new decision. The Funnel will lead the prospect from strategic to tactical decisions that her entire system will have to address. We’re talking about CHANGE here, not just about solving the identified problem. Remember that the prospect does not seek your product: she seeks to resolve a business problem and your product may help her do that. And she will not consider making a purchase until she’s tried every conceivable approach to solving the problem with resources already familiar to her (go to http://www.newsalesparadigm.com/buyfac.html and read up on the sequence of buyer’s decision making). Your new job is to ask systems-based questions that will lead the prospect to her own answers – not use information-based questions that will help her buy your product. [Should you wish to learn more about this, go to www.buyingfacilitation.com and purchase my ebook Buying Facilitation: the new way to sell that expands and influences decisions]. Here are a couple of examples to help you move the prospect through their decisions when you hear that the sales is stuck: What I hear you saying is X and that your timing might not be what we first discussed. What would you need to know or do differently in order to have ready whatever needs to be managed in order to move forward when it’s the right time? How would you know that my product would offer a solution that your team would be able to adopt and recognize as a reliable alternative/addition to what you’re currently using? Of course, I can’t give you all possible Facilitative Questions here as they need to be formulated as per the conversation. Just note that when formulating the questions, include systems elements surrounding the perceived problem (including roles, rules, relationships, politics, vendor management, etc.) not just questions that help YOU determine a ‘need’. Keep reminding yourself that your prospect has a much bigger issue than your product can solve, and that the only person who can resolve their issues are inside the organization. It’s not rocket science, but truly demands a different mindset as Buying Facilitation supports the front end of the sales cycle that has been hidden until now. Indeed, it's a systems approach to collaborative decision making and not a selling method. You have had no choice but to base your closing predictions on the content of what prospects say, rather than managing the system that they operate within. But now you can help prospects manage their actual internal buying decision system. This will put you on the buyer’s team, uncover three times more prospects, and close sales 600% faster than with conventional sales. Do you want to sell? Or have someone buy?
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