The Triangle Offense
Building your own sales pyramid—one step at a time
URL:
http://www.entrepreneur.com/magazine/entrepreneur/2000/august/30894.html
All salespeople recognize this one simple truth: Most of the
business we do is based on the relationships we have with our
customers. It stands to reason, then, that your best customers will
be those with whom you have the best relationships. But how do you
build those "best" relationships?
You need to construct a foundation step by step. Each step leads
to the next level, and the next, and the next. In fact, there are
four levels that make up the sales-success pyramid:
Level 1: Prospecting and Presentation
Just about every company trains new salespeople by teaching
"funnel selling"--that is, the more cold calls you make,
the more sales you make at the end of the funnel. What's most
important, however, is what's inside the funnel--how you take a
customer from the first appointment through the sales cycle to the
close.
There are successful salespeople who simply call, get the
appointment, close and move on. They sell by the sheer numbers of
calls they make. The disadvantage, though, is that their energies
aren't being used synergistically; they're expending energy
on individual calls instead of forming the kinds of relationships
that generate repeat business.
Level 2: Relationship Selling
If you want customers to come back, they have to like, respect and
trust you. That trust means:
- Truth. Customers expect
that if your product or service isn't right for them,
you'll let them know. If you do, they'll call you
again.
- Reliability. Customers want
to know you'll be there when they need you, you'll keep
your promises and you'll deliver more than expected.
- Understanding. True
understanding means listening to customers' needs, getting to
know their goals and figuring out what they want to
accomplish.
- Service. What do you do to
differentiate yourself? Do you give value-added service so
customers will be willing to pay more?
Level 3: Solution Selling
In order to provide solutions for your customers, you have to ask
better questions, fully understand your customers' needs and
goals, and become an expert in their businesses as well as your
own. You're not only selling a particular product or service,
but you're also selling a complete package that includes
quality products, customer service and your unique ability to help
solve customers' problems.
Level 4: Partnership Selling
You'll hit the highest level of the selling pyramid when
customers see you as a partner in their businesses. You get to the
point where, as in any good friendship, you don't have to make
small talk anymore. You can just sit back, relax and enjoy. Your
best customers should feel this same kind of ease with you. They
know the value you've provided at the other three levels of the
pyramid; you can stand proudly and comfortably at the top.
But you can't stay there forever. In fact, sales reps
constantly go up and down the pyramid. And incessant prospecting
will keep your foundation solid and strong. So, once you reach the
top level with your current customers, you should start making more
cold calls. Your success will provide you with the confidence you
need. Don't stop and rest on your laurels--your pyramid's
foundation will fall apart. Instead, if you constantly reinforce
and fortify the base of your pyramid, you will have built a strong
foundation for success.
Barry Farber is a noted speaker on sales, sales management
and motivation, and is the author of seven such books,
including Dive Right In. Visit him online at www.barryfarber.com.
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