Closing the Sales Gap: How to become your customers emotional - - PDF document

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Closing the Sales Gap: How to become your customers emotional - - PDF document

2019-11-19 Closing the Sales Gap: How to become your customers emotional favourite @TiborShanto 1 Speakers 2 1 2019-11-19 Todays Program Welcome, Introduction Presentation Q&A Evaluation 3 Is It Really The


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2019-11-19 1

@TiborShanto

Closing the Sales Gap: How to become your customers’ emotional favourite

Speakers

1 2

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2019-11-19 2 Today’s Program

  • Welcome, Introduction
  • Presentation
  • Q&A
  • Evaluation

@TiborShanto

Is It Really The Lead

3 4

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2019-11-19 3

@TiborShanto

12 – 18 Months from Purchase

@TiborShanto

Decision

Buyers

6 Months 9 Months 12 Months 18 Months 24 Months 3 Months

Prospects Suspects

5 6

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2019-11-19 4

@TiborShanto

Decision

Buyers

6 Months 9 Months 12 Months 18 Months 24 Months 3 Months

Prospects Suspects Messaging & Tactics

@TiborShanto

  • Pain
  • Needs
  • Solutions

7 8

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@TiborShanto

Status Quo

  • Happy
  • Not Looking
  • A Reps biggest competitor
  • Averseness to changes
  • Satisfied

@TiborShanto

Satisfaction Myth

Satisfaction = Loyalty Satisfaction ≠ Loyalty

75% of customers who leave or switch vendors for a competitor, when asked, say they were ‘satisfied

  • r completely satisfied’ with the vendor they left,

at the time they switched.

‘Customer Loyalty Guaranteed’ Bell & Patterson 9 10

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@TiborShanto

What Do They Have In Common?

Objectives

@TiborShanto

Buyers/Prospects do not set out to buy “Things” They Want To Achieve Results Business Impacts

OBJECTIVES

11 12

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@TiborShanto

Objectives

  • 1. Specific result

Measurable Strategic activities For example: minimizing expenses by X%, expanding to identified international markets, increase in profit X%.

  • 2. Not: bias, based on attitude, belief, or opinion. Opposite
  • f subjective.

@TiborShanto

13 14

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2019-11-19 8

@TiborShanto

Decision

Buyers

6 Months 9 Months 12 Months 18 Months 24 Months 3 Months

Prospects Suspects

@TiborShanto

Objectives: The Value Stack

Risk Avoidance

  • Blind spots Unknown To Buyers

Buyers Prospects Suspects

Lack or Awareness Competitive & Market Product

15 16

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2019-11-19 9

@TiborShanto

Objectives: The Value Stack

Financial

  • More than just revenue and cost take out

Buyers Prospects Suspects

F/X exposure Commodity hedging Credit Terms

@TiborShanto

Objectives: The Value Stack

  • Input Outputs
  • Redeploy to core capabilities
  • Empty calorie word
  • Picture is worth 1,000 word
  • Tied to Other Objectives

Time Shifting

Buyers Prospects Suspects

Extend Life of Assets Shorter Cycles On Time Deployment

17 18

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2019-11-19 10

@TiborShanto

Objectives: The Value Stack

Productivity

Empty Calories

  • Input Output

Buyers Prospects Suspects

Long-Term Strategic Near Term Tactical Reinvest

@TiborShanto

12 – 18 Months from Purchase

19 20

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2019-11-19 11

@TiborShanto

Next Year’s Quota

Emotional Favorite

@TiborShanto

21 22

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2019-11-19 12

Fawn Annan, ITWC fannan@itwc.ca

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