Sales Therapy® Sales Therapy® Sales Therapy® Effective Selling for the Small Business Owner GRANT LEBOFF Copyright © Grant Leboff 2007 First published 2007 by: Capstone Publishing Ltd. (a Wiley Company) The Atrium, Southern Gate, Chichester, PO19 8SQ, UK. www.wileyeurope.com Email (for orders and customer service enquires): [email protected] The right of Grant Leboff to be identifi ed as the author of this book has been asserted in accordance with the Copyright, Designs and Patents Act 1988 Sales Therapy is a registered trade mark of Leboff Enterprises Problem Map and Problem Maps are trade marks of Leboff Enterprises All Rights Reserved. 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Library of Congress Cataloging-in-Publication Data Leboff, Grant. Sales therapy : effective selling for the small business owner / Grant Leboff. p. cm. Includes index. ISBN 978-1-84112-778-1 1. Sales management. 2. Small business--Management. 3. Selling. 4. Customer relations. 5. Relationship marketing. I. Title. II. Title: Effective selling for the small business owner. HF5438.4.L43 2007 658.85--dc22 2007030930 Anniversary Logo Design: Richard J. Pacifi co Set in ITC New Baskerville by Sparks, Oxford – www.sparks.co.uk Printed and bound in Great Britain by TJ International Ltd, Padstow, Cornwall This book is printed on acid-free paper responsibly manufactured from sustainable forestry in which at least two trees are planted for each one used for paper production. Substantial discounts on bulk quantities of Capstone Books are available to corporations, professional associations and other organizations. For details telephone John Wiley & Sons on (+44) 1243–770441, fax (+44) 1243 770571 or email [email protected] Contents 1 Moving Away from the Transactional Model 1 2 Selling Snow to the Eskimos 11 3 Putting the Relationship First 19 4 Deconstructing the Myth of Benefi t Selling Part I: The buyer’s motivation 35 Part II: Benefi ts don’t work 39 5 Stop Using Benefi ts – Start Using Problem Maps™ 49 6 Why the USP Stops you Selling 63 7 Your Emotional Selling Point and Giving Value 69 8 Building Pipeline Part I: Managing the process 81 Part II: Engaging your prospect 89 9 Routes to Market 95 10 Empowering your Buyer 105 11 Understanding your Purchasers 117 12 Asking Questions – the Diagnosis Part I: The doctor/patient relationship 129 Part II: The fallacy of open and closed questions 135 Part III: Clarity using Problem Maps™ 138 Part IV: Problems and solutions are not enough 145 13 When It’s Time to Talk 155 14 Objections and Concerns 165 vi / SALES THERAPY® 15 Traditionally It’s Called Closing 175 16 Following Up – Continuing the Relationship 185 Epilogue 191 Index 195 1 Moving Away from the Transactional Model The old transactional sales model does not work any more Compare the old transactional sales model with a car which has a worn out engine and is continually breaking down. Every few miles, you spend even more money on a quick fi x so you can drive it a little longer. Really, you know that throwing money at it is a waste of time. However, without the wherewithal to replace it, you are unsure of the alternative. The equivalent of this is happening in sales. People spend time re- hashing and re-inventing the old transactional sales model in order to try and squeeze out a few extra sales. All the while, people have instinctively understood that it really doesn’t work. Why, when people sell, do they: • Still make ‘sales presentations’ when they are normally a waste of time? • Still persist with the myth of ‘open’ and ‘closed’ questions, when the model is fl awed? • Still insist on ‘selling the benefi ts’ when they are ineffective? • Still obsess with ‘handling objections’, when it is the traditional sales model that creates them? • Still focus on ‘closing’ when that is not the way to get results? 2 / SALES THERAPY® Many business owners who need to sell, but who are not professional sales people, already feel uncomfortable with the old transactional sales model. They know they have to put the relationship with the client fi rst; but do not have a model with which to achieve it. The idea of the importance of the relationship is not new. The prob- lem is that sales practitioners continue to use the transactional model and then pretend to make the relationship their utmost concern. This simply does not work. However ‘interested’ these people try to look when they are with their customers, they still endeavour to press home their presentation, handle objections and sell the benefi ts. What they are really doing is trying to force a square peg into a round hole. This is transactional sell- ing presented to look like the relationship is important. The old model simply does not work. (cid:129) Sales Therapy® is a fresh approach to selling. • The focus is on the customer; not on the sales person. • The relationship comes fi rst; not the transaction. • The focus is on the sales process; not on the result. Sales Therapy® will show you how to sell more naturally and commit your closing techniques to the recycle bin. With this new approach to selling, a salesperson does not have to pre- tend they have all the answers. Like a therapist, they are there to ask the questions. Sales Therapy® is therapy for both parties. The old adversarial boxing match, which selling so often becomes, is cast aside. In this new sell- ing, both buyer and seller gain from the relationship and the discus- sion, whatever the outcome.