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Newsletter October 2006      
    Look Inside...  
  What's the Status of That ‘Sure Thing’ You Forecast?  
  Success Story: Endforce  
  Tips & Tactics: Fire Up Staff at Your Next Meeting  
  FAQs  
   
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  Read some of our success stories  

 

 

Frequently Asked Questions

Here is where our network of affiliates provide answers to various questions submitted by you, our readers. We publish two questions each month. To submit a question, please click here.

Question: Why do my reps always negotiate on price?

Answer: Most sales engagements are centered on demos and product presentations. When talking about product, the next logical question from a buyer is: how much will IT cost? (IT represents your offering). During the buying cycle:

  • If the prospect's goals, needs, or problems have been identified and quantified;
  • If a vision has been created around how your offering can help her answer her needs and problems or achieve her goals;
  • If the quantified value the prospect can generate from implementing your offering has been established with number she can own and trust;

Then negotiations have other places to go than discounting.

Question: Why is it important for salespeople to be patient?

Answer: Curiously enough, a difficulty that many salespeople face is their own enthusiasm. Once salespeople get excited, it is very hard for them to keep their products back. A primary difference between mediocre and high-performing salespeople is patience. Understanding the buying stages helps salespeople to become more patient. When salespeople are patient they migrate from traditional selling behavior to customer-centric selling behavior. They learn patience by understanding each step in the sales process—a process which is comfortable to the prospect. This selling methodology creates a win-win situation. The prospect comes to see the seller's product or service as an essential part of the envisioned solution. The prospect is given the tools to achieve a goal, solve a problem or satisfy a need, and the seller gets the sale, all without manipulative tactics.

If you would like to submit a question, please do so by clicking here.

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