Commodity Buyers
These buyers know exactly what they want and how to use it. They don’t need sellers to explain the details. Commodity buyers typically value:

• Low costs. They don’t want to pay any more than necessary. To be successful with these buyers, companies need to pull as many costs as they can out of their supply chain.

• No hassles. Make it simple, simple, simple to do business with your company. Give them an 800 number, send quick quotes, or allow easy online ordering and they’re happy.

We’re all commodity buyers at times. When I order things like contact lenses and office supplies, I just want good pricing and fast service. As a seller, there’s little you can do to create value or sell “value add.” I really don’t care. It’s up to your company to make it cheaper, simpler to order, delivered to my door and with easy returns if I need to send it back.

Strategic Partners
These people are looking far beyond the scope of your products or services. They want a strategic partnership. They’re looking at how to best leverage their organization’s core competencies in combination with another company’s core competencies. These buyers value:

• Intimate and strategic relationships between multiple levels within both organizations.
• Mutual investments in joint projects.
• Merging of systems to accomplish more than either organization could do alone.

Working with Strategic Partner buyers requires a major corporate commitment and is far beyond the scope of any one seller. If your company isn’t capable or willing to do this, these buyers aren’t interested in working with you.

By yourself, you can’t create the value they need. But if your company chooses to do this, you and your firm will become absolutely invaluable.

“I Need to Make a Sound Decision” Buyer
These buyers are either spending a lot of money on a decision or they don’t know everything there is to know about what they’re buying. Typically their decision process is complex, involves multiple people and takes place over an extended period of time.
If corporate decision makers are seriously considering your product or service, they assume it meets their basic requirements and that your organization is reputable. Having a decent offering gets you in the game, but does not typically provide enough value to win the business.

In fact, with these these buyers, the seller creates the value by what they personally bring to the relationship. These buyers value sellers who:

• Help them understand their problems in greater depth.
• Add additional insights into the challenges they face.
• Share relevant information regarding “best practices.”
• Develop unique, innovative approaches to resolving their business issues.
• Keep them up-to-date on trends in the industry and how others are addressing them.
• Help them find ways around the obstacles they’re encountering, and
• Propose new ways to do more with the same investment.

Becoming an Invaluable Resource
What makes a seller invaluable? The ability to contribute so much more with each and every customer interaction – so much so that they can’t imagine doing business without you.

Let me give you an example. Say your company handles direct mailing programs, a fairly non-differentiated service offering.

Here are some ways that you, as the seller could become invaluable to your customers. You could:

• Share ideas about other company’s direct mail programs – what works, what doesn’t.
• Help them find ways to increase the results of their existing direct mail programs.
• Show them how to reduce the overall costs of the program while maintaining its effectiveness and integrity.
• Let them know what their competitors are doing.
• Develop ways to increase the quality of their database.

If you keep thinking, you can come up with even more ways to become invaluable such as:

• Working collaboratively with related vendors (i.e. agencies, telemarketing firms) to smooth out the hand-offs.
• Helping them establish important criteria for their vendor selection process that they currently may not be aware of.
• Proposing ideas for new programs to help them achieve their desired marketing results.
• Acting as an advocate within your own organization on issues impacting the customer.
• Suggesting ways to improve the work flow between all companies and internal departments working on the project.

To become invaluable, you must bring more to the relationship than just your standard product or service. What you want to create is a situation where corporate decision makers can’t live without your ideas, insights, and knowledge.

Becoming invaluable doesn’t just “happen.” You need to invest in yourself. Learn more about your customer’s business. Figure out how to help them improve it. Be an idea generator. Become an expert in your field. It takes a real commitment on your part.

Only the best make that commitment. But it truly sets them apart from everyone else and literally makes them invaluable.

Jill Konrath, author of Selling to Big Companies, helps sellers crack into corporate accounts, shorten sales cycles and win big contracts. She’s a frequent speaker at annual sales meetings, kick-off events and professional conferences. For timely and provocative sales advice, visit www.SellingtoBigCompanies.com

This is a guest post by Jill Konrath

Of course, you don’t mean to do that! But the truth is that it often happens without you even thinking out it.

Case in point: You’ve just learned all about your new product or service offering. Tons of details. All its selling points. You’re so excited & can’t wait to share what you’ve learned with your prospects.

And when you finally get into a meeting, what comes out?

“We’ve just introduced a new complete system (methodology/process) that’s guaranteed to provide fully integrated communications for all your technology and non-technology needs as well as provide significant return on your investment with an ROI of only 9 months.”

Blather! I know you’re thinking you sound impressive, but from a prospect’s perspective it’s downright intimidating. Their eyes slowly glaze over and before long, you’ve lost them.

To be a successful communicator, you need to talk like a normal human being.

Here’s an interesting tidbit that supports this premise: A language monitoring serviced analyzed the recent VP debate. Palin spoke at a 9.5 grade level, while Biden spoke at an 7.8 grade level. (Full article here.)

Both candidates are focused on connecting with voters, not impressing them. I have no doubt that they could have easily spoken at a much higher grade level – which would have meant bigger words, longer sentences and more complex sentence construction.

However, they chose not to do that. They wanted to relate to us.

If we’re focused on impressing prospects with our vast knowledge, we’ll lose them. They’ll feel stupid. They won’t open up. They won’t ask questions.

And we won’t get the business!

Question for you: Have you ever caught yourself trying to impress customers? What happened? Were you able to recover?

Jill Konrath, author of Selling to Big Companies, helps sellers crack into corporate accounts, shorten sales cycles and win big contracts. She’s a frequent speaker at annual sales meetings, kick-off events and professional conferences. For timely and provocative sales advice, visit www.SellingtoBigCompanies.com

This is a guest post by Paul Archer

He’d frightened me to death with his automatic weapon and ferocious look. “There’s a problem with your passport” he alleged with a fierce voice and in broken English he continued. “You must come with me”

The next 30 minutes were spent in fear, trepidation and anxiety as I awaited my fate. You see I was leaving Iran following a sales speaking engagement and little did I know there was a problem with my Visa which is not a good habit to get into.

My traveling companion, Sandro, was clear of passport control and was making his way to the departure lounge but I was being kept in a windowless room whilst police and army scrutinised my passport and kept passing it from one important looking person to another.

“You cannot leave Iran – you must stay” the very official man said to me. He had a massive smile and was covered in stripes and insignia on his uniform to indicate he was a man of an elevated position. “You are in my country illegally” And he was quiet correct as it happened and just doing his job.

By this point, I was beyond rescue. However I began thinking it might be OK to live in Iran full time as it’s such a fabulous country. But think of Claire and my three smiling children waving to me at the airport. My daughter without a Daddy. How terrible.

But living in Iran full-time did sound pleasant. I could make a honest living training and speaking, pick up Farsi, get a chic apartment in the exclusive north of Tehran after all I had made some really good friends in the last week and we could party every night…..

No, I came to my senses. No I must get home to my family. They need me. “Please Sir, can you explain the problem with my Visa?” I grovelled at the official. I.d been taught to grovel at an early age and it usually worked.

“It says on the Visa that you can be in my country for 5 days…but you have been here for 6 days.”

Talk about detail and yes, I’d goofed big time. Hugely…what a mistake to make. And I promised myself to always attend to detail in the future. Never lose your attention to detail– it could take you away from your family.

In sales and coaching, we do have to concentrate on the detail and it’s plainly not everyone’s “cup of tea”. Contracts, marketing brochures, sales plans, sales meeting preparation, stocking your brief case ready for meetings, knowing the benefits of products, checklists for training courses, planning probing questions to reveal client problems, emailing actions, quarterly objectives….the list goes on.

Some people prefer to focus on the big picture and detest detail but others enjoy wallowing in the small print. But my lesson from Iran was to check the detail more often and if you don’t want to then hire or delegate someone to do it for you.

When they finally let me go through passport control I was the most thankful man on this planet. And I won’t make the same mistake again.

Paul Archer is an international sales speaker, sales trainer, author and coach based in the UK. He specializes in rapport selling and rapport coaching and can ignite his audiences large or small. For more information on Paul and his training courses, visit www.archertraining.co.uk or his sales  blog at www.paularcher.com

This is a guest post by Paul Archer

The next time you have a customer who is objecting to your price for your product or service, here’s a little quotation that’ll remind you how business works.

“It is unwise to pay too much, but it is unwise to pay too little. When you pay too much you lose a little money and that is all, but when you pay too little you sometimes lose everything, because the thing that you have bought isn’t capable of doing the thing which it was bought to do.”

“The common law of business balance prohibits you from paying a little and receiving a lot – it can’t be done. If you deal with the lowest bidder it would be as well to add something for the risk you run, and if you can so that you can afford to buy something better.”

John Ruskin 1819 – 1900

Paul Archer is an international sales speaker, sales trainer, author and coach based in the UK. He specializes in rapport selling and rapport coaching and can ignite his audiences large or small. For more information on Paul and his training courses, visit www.archertraining.co.uk or his sales  blog at www.paularcher.com

This is a guest post by Jill Konrath

This is a guest post by Paul Archer

I’m sure you’re making more prospecting calls at the moment, just like everyone else, so I’m guessing that you’re coming across barriers in getting to talk to your prospective customers.

If that barrier is a “Personal Assistant who’s trained to stop you in your tracks, here’s a neat little tip that just might get you put through.

A UCLA survey showed that on the telephone a massive 84% of the message and meaning

is derived purely from your voice. This is a well known fact and was substantiated by Albert Mehrabian in the 1970′s.

I’m suggesting that you sound important so you can get through the gatekeeper.

Important people have deeper voices and say things in shorter sentences. Their tone of voice falls at the end of each sentence to accentuate their importance and they leave lots of pauses.

And most people when faced with someone who sounds ever so important will put you through without hesitation. Try it, it works and is also fun.

Paul Archer is an international sales speaker, sales trainer, author and coach based in the UK. He specializes in rapport selling and rapport coaching and can ignite his audiences large or small. For more information on Paul and his training courses, visit www.archertraining.co.uk or his sales  blog at www.paularcher.com

This is a guest post by Art Sobczak

One reason that most “cold” calls fail and result in rejection is that sales reps start their pitch the same way to everyone they speaking with, sounding like a talking junk mail piece.

A much better approach, one that stimulates interest, attention, and engagement, is to use personalized, customized information in your openings and voice mail, coupled with an on-target value statement.

How? First, there is an entire wealth of information online, found through search engines and social media sites. The other way is by simply talking to people other than your decision maker. This is called “social engineering.”

The term “social engineering” has been most widely used to describe unscrupulous behavior, such as misrepresenting oneself and lying to manipulate someone to provide sensitive information. However, we use it positively and ethically to gather intelligence for our Smart Calls™.  It can be done

-As a separate call before your first call to your prospect; and,

-Every time you call your prospect.

I find this to be the most underutilized tool available to salespeople – and the one that has the greatest possible payoff. All it requires is that you take the time to do it, develop a sense of curiosity, and cultivate some conversational questioning techniques. Completing all of these steps may indeed grant you a revelation that many of us have had: people are willing to give you amazing amounts of quality information if you just ask them.

Kevin Mitnick was one of the most notorious computer hackers in the world; and at the time of his arrest in 1995, the most wanted computer criminal in US history. After his release from prison, he wrote the book entitled The Art of Deception in which he shares precisely how he pulled off many of his hacking jobs. Mitnick claims that he compromised computers solely by using passwords and codes that he gained by social engineering; in other words, simply talking to people. Now a speaker and security consultant to corporations, Mitnick points out that the weakest link in any security system is the person holding the information. You just need to ask for it.

The Social Engineering Process

Of course, we are using social engineering in the positive sense: asking for information from people that will help other people and the organization as a whole. The social engineering process for Smart Calling™ is as follows: upon reaching a live voice, you:

1. Identify yourself and your company: “Hi, I’m Jason Andrews with National Systems.” This immediately shows that you are not hiding anything.

2. Ask for help. “I hope you can help me out” or “I need some assistance.” Most people have an innate desire to be helpful to others in some way.

3. Use a Justification Statement. This is the key that will unlock the most useful information. Some examples are: “I want to be sure that I’m talking to the right person there…” “I’m going to be speaking with your VP of Sales, and want to be sure that I have accurate information…” “So that I’m better prepared when I talk to your CIO, I have a few questions you probably could answer…”

4. Ask questions. Of course you want to ask about the basic, factual material for which you might not have information yet. This depends both on what you sell, and the level of person with whom you’re speaking. In general, the higher up you go, the better the quality of information.

The theory behind the success of these Justification Statements I suggest is discussed by Dr. Robert Cialdini — widely considered as one of the foremost experts on persuasion and influence — in his classic book (which I believe should be in every serious salesperson’s library) entitled “Influence: The Psychology of Persuasion.” Cialdini cites an experiment conducted by Harvard social psychologist Ellen Langer where students let others cut in line in front of them at the copy machine simply because they provided a reason for their request—“because I’m in rush.”

Direct mail copywriters also employ this technique, often referring to it as the “Why” or the “Because.” For example, if a business is running a promotion, they know their response will increase if they give the reason for it. For example, “We need to make room for next year’s new models and are clearing out the warehouse, so we are dropping prices to move the current models.”

I recommend that you take the time to create your own Justification Statement — your “because” reason — and use it regularly.

Smart Calling™ Exercise
1. Prepare your own script for social engineering using the process above. Be sure you have a justification statement you are comfortable with.

2. Brainstorm for the questions you will ask at all levels of an organization, and write them out.

Use social engineering and you will make your prospecting calls much smarter, and successful.

(Art Sobczak works with thousands of sales reps each year helping them get more business by phone. His new book, “Smart Calling” shows salespeople how to eliminate the fear, failure and rejection from cold calling. To learn more about the book and get the free report, “The Top 10 Dumb Cold Calling Mistakes that Ensure Rejection” go to www.SmartCalling.com.)

This is a guest post by Paul Archer

Do you ooze confidence when selling and coaching? Last Sunday, whistle in hand, I was about to referee our Under 11.s Mini Rugby team against a formidable opponent in Painswick in the Cotswolds. It was freezing cold but suddenly I thought…“Ah, I.m not wearing my uniform”.

So I reached into my kitbag and put on my official Rugby Football Union ELRA Referee shirt. It’s bright yellow and blazoned with official badges of office. Yes I’m a qualified referee and boy does that jersey show it.

More importantly, what a difference it makes to the teams I’m refereeing. They see me and my official jersey and it acts like a uniform directing them to obey my every command. The 11 year old boys look up to me in awe…all because of my bright yellow jersey.

But you know it’s not the jersey that makes a difference; it’s my attitude and inner self belief that gets a boost when I put it on. It makes me feel good, in charge and gives me confidence to take control of the match. It’s my mind-set and manner that changes when I put the top on.

But what about you? When you’re selling and coaching, what uniform do you put on to give you the right attitude and inner confidence? And I’m not talking about a physical item such as a suit, but how do you set your inner self up for a day’s selling or coaching?

How do you ooze the right manner? Are you confident but not arrogant…do you project experience and knowledge but not smugness?

I’ve known salespeople to have a special suit that makes them feel first-rate. Many use visualization techniques to give them the right outlook and persona. Some are able to just switch on a positive approach at the flick of a finger.

Some, however, struggle to get going especially when times are hard, sales are falling or your sales teams. Motivation is tumbling.

Especially at this turbulent time when everyone seems to be panicking and worrying about the recession. Of course the recession will affect us all, undoubtedly, but life and business goes on. I honestly think the biggest danger to us and our customers is fear.

Fear comes from the media and I, personally, have stopped watching the news on TV as it’s just so full of bad broadcasts, depressing reports and doom and gloom. Of course you have to keep up which is why I subscribe to a weekly news magazine called “The Week” instead, which keeps me up to date in an hour on a Saturday morning with my toast and marmalade.

I was in the gym the other day watching the live Sky News on the myriad of TVs that were spread across the walls. After an hour’s running on the treadmill and cross trainer, I was close to manic depression by watching the news!

No, I choose to fill my head with positive news and enthusiastic bulletins so whilst in my car or out and about, I’m filling myself up with motivational podcasts from salespeople, speakers, trainers and coaches from around the world. I want to fill my head up with good news, positive vibes that can propel me during these turbulent times.

There are thousands of free Podcasts available on line. Subscribe to iTunes or make iGoogle your home page and sign up for the multitude of Podcasts by hitting the RSS buttons and choosing Google as your feeder. That way when you open up your browser iGoogle shows you all the new Podcasts that you can download…instantly.

Fear is the greatest danger to us all going forward.

So remember your uniform that you can put on when you approach your selling or coaching. What kind of outlook do you want to leak to your clients and teams? Choose your mood and wear your uniform with pride. And my yellow referee jersey…well I thought I’d try it at home this weekend to see if it had a similar affect on my family so I could be in control at home. Not a chance. My 7 year old Bethan’s first word was “So uncoooool Daddy” and my wife told me to get that silly jersey off now.

So it’s back to my Under 11 Mini Rugby Team– at least I’m in charge there.

Paul Archer is an international sales speaker, sales trainer, author and coach based in the UK. He specializes in rapport selling and rapport coaching and can ignite his audiences large or small. For more information on Paul and his training courses, visit www.archertraining.co.uk or his sales  blog at www.paularcher.com

This is a Guest Post by Mark Hunter.

Have you ever been in a selling situation when you were not able to close the sale? Of course you have. Every salesperson has. If you are unable to close the sale, you must ensure you close on something.  This is true if you sell primarily face-to-face, and it is true if you sell primarily over the phone.

First of all, don’t skip on doing the leg work of making sure you have uncovered the customer’s true needs and wants.  Keep good records, because even if you can’t close the sale right now, you may still be able to make a connection with the customer in the future based on either new product lines you have or the customer’s ancillary needs that occur to you after the call.

If you cannot close the actual sale, one of the key areas where you can “close” is to establish yourself as an expert and trusted advisor.  When you do this, you build the customer’s confidence in you.  Make sure your voice tone conveys that even if the customer doesn’t buy from you right now, you still are available as a resource in the future.  Do not allow the customer’s rejection of your offer at that moment to impact your voice tone and enthusiasm at all.

With your words and your tone, express to the customer that you are available for any questions they may have, even questions general to your industry.  In addition, do not hesitate to alert the customer to information that will benefit them, even if such information doesn’t mean a sale for you.

Establish yourself as a trusted advisor upon whom the customer can rely, and you will be more likely to secure sales from that customer when they are ready to buy.

Mark Hunter, “The Sales Hunter,” helps individuals and companies identify better prospects, close more sales, and profitably build more long-term customer relationships. He is a consultative selling expert, specializing in custom-tailored sales programs. You can read his blog at http://thesaleshunter.com/blog.