CustomerCentric Selling This page intentionally left blank CustomerCentric Selling Michael T. Bosworth John R. Holland McGraw-Hill New York Chicago San Francisco Lisbon London Madrid Mexico City Milan New Delhi San Juan Seoul Singapore Sydney Toronto Copyright © 2004 by McGraw-Hill. All rights reserved. Manufactured in the United States of America. Except as permit- ted under the United States Copyright Act of 1976, no part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher. 0-07-150197-5 The material in this eBook also appears in the print version of this title: 0-07-142545-4. All trademarks are trademarks of their respective owners. Rather than put a trademark symbol after every occurrence of a trademarked name, we use names in an editorial fashion only, and to the benefit of the trademark owner, with no inten- tion of infringement of the trademark. 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Holland To my inner circle—Alicia, Brendan, Brian, Steve, Sam, Dick, Dave, Susan, Rosy, Ricki, Patti, and Suzanne—who keep me grounded, validated, and appre- ciated. To my uncle, Jack Lester, who is my model for living life with a positive mental attitude. Michael T. Bosworth This page intentionally left blank For more information about this title, click here Contents Acknowledgments xiii Chapter 1 What Is Customer-Centric Selling? 1 What Is Customer-Centric Behavior? 2 Even the “Naturals” Can Improve 8 Chapter 2 Opinions—The Fuel That Drives Corporations 11 Who’s Responsible for What? 12 Hiring and Training: Where Selling Begins 14 Positioning: The Next Challenge 17 Why Not Lead with Features? 18 Opinions: Right and Wrong 20 Turning Opinions into a Forecast 22 Aiming for Best Practices 26 Chapter 3 Success without Sales-Ready Messaging 29 Understanding the Early Market 29 Understanding Mainstream-Market Buyers 33 Crossing the Chasm 35 Postchasm Sellers 36 Winging It 38 What about the Naturals? 38 Punished for Success 40 vii viii CONTENTS A Changing Context 42 The 72 Percent Zone 43 Chapter 4 Core Concepts of CustomerCentric Selling 47 You Get Delegated to the People You Sound Like 49 Take the Time to Diagnose before You Offer a Prescription 50 People Buy from People Who Are Sincere and Competent, 50 and Who Empower Them Don’t Give without Getting 51 You Can’t Sell to Someone Who Can’t Buy 52 Bad News Early Is Good News 53 No Goal Means No Prospect 54 People Are Best Convinced by Reasons They Themselves Discover 55 When Selling, Your Expertise Can Become Your Enemy 55 The Only Person Who Can Call It a Solution Is the Buyer 56 Make Yourself Equal, Then Make Yourself Different—or You’ll 57 Just Be Different Emotional Decisions Are Justified by Value and Logic 57 Don’t Close before the Buyer Is Ready to Buy 58 Chapter 5 Defining the Sales Process 61 Defining the Sales Process 63 The Trouble with the Data 65 Fire Drills and Hail Marys 66 Shaping Your Perception in the Marketplace 69 What Are the Component Parts? 69 More than One Process 74 Targeted Conversations 74 The Wired versus the Unwired 76 Further Segmentation Opportunities 77 The Clean Sheet of Paper 78 Process Is Structure 79 Chapter 6 Integrating the Sales and Marketing Processes 81 A Natural Integration 83 Learning from the Web 85 Toward a Selling Architecture 86