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Sales Fundamentals
By Everyday Development L.L.C
Module One:
Getting Started
Welcome to the Sales Fundamentals
workshop.
Although the definition of a sale is simple
enough, the process of turning someone into
a buyer can be very complex. This workshop
will give participants a basic sales process,
plus some basic sales tools, that they can use
to seal the deal, no matter what the size of
the sale.
Before
beginning a
Hunt, it is wise
to ask someone
what you are
looking for
before you
begin looking
for it.
Winnie the
Pooh
Workshop Objectives
Prepare for
a sales
opportunity
Handle
objections
Follow up
on sales
Manage
sales data
Module Two:
Understanding the Talk
In this module, we will be looking at
the types of sales, common sales
approaches, and common sales
terminology.
In the modern
world of business,
it is useless to be a
creative original
thinker unless you
can also sell what
you create.
David Ogilvie
Types of Sales
Person-to-person
The Internet
E-mail
Direct mail
Telemarketing
Common Sales Approaches
Consultative approach
Hard sell
Technical sales
Glossary of Common Terms
Close/closing
Customer relationship
management (CRM
Qualifying clients
Sales funnel
Module Three: Getting
Prepared to Make the Call
Preparing to make a call begins with
learning about your client —
specifically, what your client needs
and how you can meet those needs.
The concept of
“I’ll play it by
ear” is a
guarantee of
mediocrity at
best.
David A.
Peoples
Identifying Your Contact
Person
Networking and referrals
Prequalifying process
Don’t waste your time chasing contacts that
won’t do you any good
Performing a Needs Analysis
Information
Training
FinancingCommunity
Personnel
Creating Potential Solutions
Identify through
asking questions
On the spot, if
simple
Knowledgeable
staff
Build a good
reputation
Solution
Module Four:
Creative Openings
Starting off on the right foot is absolutely
essential in sales meetings. Simple things
go a long way toward making a good first
impression: looking and acting
professional, treating clients with courtesy
and respect, and coming up with a creative
way to introduce yourself and your
company.
Begin at the
beginning and
go on till you
come to the end:
then stop.
Lewis Carroll
A Basic Opening for Warm Calls
Your general appearance
Your facial expression and bearing
Your posture
Your tone of voice
Your nonverbal communications
Warming up Cold Calls
A greeting and an introduction
A statement about the prospect
A statement about the benefits
A question that will lead to a dialogue
Using the Referral Opening
Their friend
found most
appealing
Be
prepared to
respond
Do some
research
Module Five:
Making Your Pitch
Once you have made it past the opening,
it’s time to make your pitch. In preparing
your pitch, work on coming up with a clear,
persuasive explanation of what your
product can do for the client. Be prepared
to answer the all-important question that
all clients have: What’s in it for me?
The key to being
a professional
salesperson is
not to sound like
one.
Jeffrey Gitomer
Features and Benefits
Explicit terms
Deal with any
objections
Save them
money
“What will it
do for me?”
Outlining Your
Unique Selling Position
Convenience of use
Convenience of purchasing
Availability of service
Need for training to use the product
The Burning Question That Every
Customer Wants Answered
What’s
in it for
me?
Know the
answer.
Module Six:
Handling Objections
Customers who are not ready to
decide on a purchase often come up
with objections, statements about
what is holding them back.
Big shots are
only little shots
who keep
shooting.
Christopher
Morley
Common Types of Objections
They don’t have the money
They can’t decide on their own
They think they can get a better deal
from someone else
They’re not sure your product will
meet their needs
Basic Strategies
A payment plan
Get their needs ironed out
Emphasize that the product has more
benefits than negative aspects
Advanced Strategies
When can we get together when you have more time?
What other brands are you considering?
What additional information would be helpful to you?
How much were you thinking of spending?
Module Seven:
Sealing the Deal
You have worked hard to get your foot in
the door, tell customers what your product
can do for them, and respond to any
objections they might have. Now it’s time
to seal the deal. Or is it? A good
salesperson needs to know when it’s time
to close and how to go about doing it.
We were born to
succeed, not to
fail.
Henry David
Thoreau
Understanding
When It’s Time to Close
Confirmation
questions
Handle
objections
first
“How soon do
you need
this?”
Respect all
questions
Powerful Closing Techniques
Delivery
date
Colors Models Quantity
Things to Remember
• Respect by salespeople — before,
during, and after the closing
• Make the experience as positive as
possible
• Ask what more you can do for the
customer
Module Eight:
Following Up
The closing is not the final stage of a
sale. The final stage is following up,
which is actually a process that may
continue indefinitely. This stage may
have two valuable outcomes:
referrals and future sales.
The deepest
craving of
human nature is
the need to be
appreciated.
William James
Thank You Notes
Interested in building a
long-term relationship
Shows that you value
their business
Stand out in a
customer’s memory
Resolving
Customer Service Issues
Get to the heart of the
complaint
Deal with it quickly
Apologize for any problems
Staying in Touch
The anniversary of a sale
A new product offering
A sale or special offer
An upgrade to the product you sold
Module Nine:
Setting Goals
If you want to accomplish anything
important in life, you need to have
goals.
Goals give you something to shoot for.
They keep you focused and motivated.
They let you know when to celebrate and
when to start shooting for something
higher.
We find no real
satisfaction in
life without
obstacles to
conquer and
goals to achieve.
Maxwell Maltz
The Importance of Sales Goals
Goals provide direction
Goals should be ambitious but realistic
Goals clarify everyone’s role and responsibilities.
Goals can be motivational tools
Setting SMART Goals
Specific Measurable Achievable
Relevant Timed
Module Ten:
Managing Your Data
Salespeople collect an enormous amount
of information during the course of a day:
names, phone numbers, e-mail addresses,
employers, interests, and more.
Managing your data will help you work
more efficiently and make it easier to keep
track of your clients.
If a cluttered
desk is the sign
of a cluttered
mind, what is
the significance
of a clean desk?
Laurence J.
Peter
Choosing a System
That Works for You
•Do not rely on memory
•Enter data on a regular
basis
Using Computerized Systems
Quick easy access
Search capabilities
Interface with other programs
Generate reports
Using Manual Systems
Easy to use
No special training
Inexpensive
Module Eleven:
Using a Prospect Board
A prospect board is a powerful tool
that can help you track prospects and
manage your time. It is basically a
way of showing where each prospect
is in the sales process at any given
point in time.
Plan your work
for today and
every day. Then
work your plan.
Norman
Vincent Peale
The Layout of a Prospect Board
O
(Opportunities)
FA (First
Appointments)
25% 50% 90%
Lead or
referrals
yet to be
called
Appointme
nt set but
prospect
has not yet
been met
Met at
least once.
25% chance
of closing
deal within
a month or
two
50% chance
of closing
deal within
a month or
so
90% chance
of closing
within one
or two
weeks
How to Use Your Prospect Board
Create a card for each prospect
Place the card in the left column
Move it to the right as the sales process moves forward
Every card should be dated
Reviewed on a daily basis
A Day in the Life of Your Board
Phone call to
a client
Meeting with
a prospect
Email from a
client
Indication
from a client
Module Twelve:
Wrapping Up
Although this workshop is coming to
a close, we hope that your journey to
improve your sales skills is just
beginning. Please take a moment to
review and update your action plan.
This will be a key tool to guide your
progress in the days, weeks, months,
and years to come. We wish you the
best of luck on the rest of your
travels!
I know of no more
encouraging fact
than the
unquestioned
ability of a man to
elevate his life by
conscious
endeavor.
Henry David
Thoreau
Words from the Wise
• If you think you can, or if you think
you can’t, you’re right either way.
Henry Ford
• By working faithfully eight hours a day
you may eventually get to be boss and
work twelve hours a day
Robert Frost
• Every day I get up and look at the
Forbes list of the richest people in
America. If I’m not there, I go to work.
Robert
Orben

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Sales Fundamental

  • 1. Sales Fundamentals By Everyday Development L.L.C
  • 2. Module One: Getting Started Welcome to the Sales Fundamentals workshop. Although the definition of a sale is simple enough, the process of turning someone into a buyer can be very complex. This workshop will give participants a basic sales process, plus some basic sales tools, that they can use to seal the deal, no matter what the size of the sale. Before beginning a Hunt, it is wise to ask someone what you are looking for before you begin looking for it. Winnie the Pooh
  • 3. Workshop Objectives Prepare for a sales opportunity Handle objections Follow up on sales Manage sales data
  • 4. Module Two: Understanding the Talk In this module, we will be looking at the types of sales, common sales approaches, and common sales terminology. In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create. David Ogilvie
  • 5. Types of Sales Person-to-person The Internet E-mail Direct mail Telemarketing
  • 6. Common Sales Approaches Consultative approach Hard sell Technical sales
  • 7. Glossary of Common Terms Close/closing Customer relationship management (CRM Qualifying clients Sales funnel
  • 8. Module Three: Getting Prepared to Make the Call Preparing to make a call begins with learning about your client — specifically, what your client needs and how you can meet those needs. The concept of “I’ll play it by ear” is a guarantee of mediocrity at best. David A. Peoples
  • 9. Identifying Your Contact Person Networking and referrals Prequalifying process Don’t waste your time chasing contacts that won’t do you any good
  • 10. Performing a Needs Analysis Information Training FinancingCommunity Personnel
  • 11. Creating Potential Solutions Identify through asking questions On the spot, if simple Knowledgeable staff Build a good reputation Solution
  • 12. Module Four: Creative Openings Starting off on the right foot is absolutely essential in sales meetings. Simple things go a long way toward making a good first impression: looking and acting professional, treating clients with courtesy and respect, and coming up with a creative way to introduce yourself and your company. Begin at the beginning and go on till you come to the end: then stop. Lewis Carroll
  • 13. A Basic Opening for Warm Calls Your general appearance Your facial expression and bearing Your posture Your tone of voice Your nonverbal communications
  • 14. Warming up Cold Calls A greeting and an introduction A statement about the prospect A statement about the benefits A question that will lead to a dialogue
  • 15. Using the Referral Opening Their friend found most appealing Be prepared to respond Do some research
  • 16. Module Five: Making Your Pitch Once you have made it past the opening, it’s time to make your pitch. In preparing your pitch, work on coming up with a clear, persuasive explanation of what your product can do for the client. Be prepared to answer the all-important question that all clients have: What’s in it for me? The key to being a professional salesperson is not to sound like one. Jeffrey Gitomer
  • 17. Features and Benefits Explicit terms Deal with any objections Save them money “What will it do for me?”
  • 18. Outlining Your Unique Selling Position Convenience of use Convenience of purchasing Availability of service Need for training to use the product
  • 19. The Burning Question That Every Customer Wants Answered What’s in it for me? Know the answer.
  • 20. Module Six: Handling Objections Customers who are not ready to decide on a purchase often come up with objections, statements about what is holding them back. Big shots are only little shots who keep shooting. Christopher Morley
  • 21. Common Types of Objections They don’t have the money They can’t decide on their own They think they can get a better deal from someone else They’re not sure your product will meet their needs
  • 22. Basic Strategies A payment plan Get their needs ironed out Emphasize that the product has more benefits than negative aspects
  • 23. Advanced Strategies When can we get together when you have more time? What other brands are you considering? What additional information would be helpful to you? How much were you thinking of spending?
  • 24. Module Seven: Sealing the Deal You have worked hard to get your foot in the door, tell customers what your product can do for them, and respond to any objections they might have. Now it’s time to seal the deal. Or is it? A good salesperson needs to know when it’s time to close and how to go about doing it. We were born to succeed, not to fail. Henry David Thoreau
  • 25. Understanding When It’s Time to Close Confirmation questions Handle objections first “How soon do you need this?” Respect all questions
  • 27. Things to Remember • Respect by salespeople — before, during, and after the closing • Make the experience as positive as possible • Ask what more you can do for the customer
  • 28. Module Eight: Following Up The closing is not the final stage of a sale. The final stage is following up, which is actually a process that may continue indefinitely. This stage may have two valuable outcomes: referrals and future sales. The deepest craving of human nature is the need to be appreciated. William James
  • 29. Thank You Notes Interested in building a long-term relationship Shows that you value their business Stand out in a customer’s memory
  • 30. Resolving Customer Service Issues Get to the heart of the complaint Deal with it quickly Apologize for any problems
  • 31. Staying in Touch The anniversary of a sale A new product offering A sale or special offer An upgrade to the product you sold
  • 32. Module Nine: Setting Goals If you want to accomplish anything important in life, you need to have goals. Goals give you something to shoot for. They keep you focused and motivated. They let you know when to celebrate and when to start shooting for something higher. We find no real satisfaction in life without obstacles to conquer and goals to achieve. Maxwell Maltz
  • 33. The Importance of Sales Goals Goals provide direction Goals should be ambitious but realistic Goals clarify everyone’s role and responsibilities. Goals can be motivational tools
  • 34. Setting SMART Goals Specific Measurable Achievable Relevant Timed
  • 35. Module Ten: Managing Your Data Salespeople collect an enormous amount of information during the course of a day: names, phone numbers, e-mail addresses, employers, interests, and more. Managing your data will help you work more efficiently and make it easier to keep track of your clients. If a cluttered desk is the sign of a cluttered mind, what is the significance of a clean desk? Laurence J. Peter
  • 36. Choosing a System That Works for You •Do not rely on memory •Enter data on a regular basis
  • 37. Using Computerized Systems Quick easy access Search capabilities Interface with other programs Generate reports
  • 38. Using Manual Systems Easy to use No special training Inexpensive
  • 39. Module Eleven: Using a Prospect Board A prospect board is a powerful tool that can help you track prospects and manage your time. It is basically a way of showing where each prospect is in the sales process at any given point in time. Plan your work for today and every day. Then work your plan. Norman Vincent Peale
  • 40. The Layout of a Prospect Board O (Opportunities) FA (First Appointments) 25% 50% 90% Lead or referrals yet to be called Appointme nt set but prospect has not yet been met Met at least once. 25% chance of closing deal within a month or two 50% chance of closing deal within a month or so 90% chance of closing within one or two weeks
  • 41. How to Use Your Prospect Board Create a card for each prospect Place the card in the left column Move it to the right as the sales process moves forward Every card should be dated Reviewed on a daily basis
  • 42. A Day in the Life of Your Board Phone call to a client Meeting with a prospect Email from a client Indication from a client
  • 43. Module Twelve: Wrapping Up Although this workshop is coming to a close, we hope that your journey to improve your sales skills is just beginning. Please take a moment to review and update your action plan. This will be a key tool to guide your progress in the days, weeks, months, and years to come. We wish you the best of luck on the rest of your travels! I know of no more encouraging fact than the unquestioned ability of a man to elevate his life by conscious endeavor. Henry David Thoreau
  • 44. Words from the Wise • If you think you can, or if you think you can’t, you’re right either way. Henry Ford • By working faithfully eight hours a day you may eventually get to be boss and work twelve hours a day Robert Frost • Every day I get up and look at the Forbes list of the richest people in America. If I’m not there, I go to work. Robert Orben