How is your sales training working out for you? Are you focusing on better closing techniques? How about objection handling? Are you teaching your people how to control the sales process? If you answered yes to any of these questions, you’re wasting your time and money, and you are ensuring that your company will become obsolete in the next few years.
The confluence of rising e-commerce and inbound call centers, as well as increased client sophistication and access to knowledge, is creating a landscape that is inhospitable to traditional selling. Sales people who are armed with product knowledge and objection handling techniques provide no value to their prospects.
Here are the new skills that you must develop in your team:
Value is either derived from helping a company strategically or by lowering your prices. There is nothing in between. If you have the high cost of a sales force and they do not know how to create strategic value, you will find yourself increasingly squeezed by lower and lower margins, and higher and higher cost of sales.
As I conduct workshops around the world, I am repeatedly confronted by the reality that most sales people don’t really understand their customer or their customer’s customer. The opportunity to create real value for your customers lies in your understanding of how your customer creates value for their customer.
Customer challenges are becoming more complex. Showing up with a pre-defined offer and calling it a solution is like taking an exam, and without bothering to read the questions, furiously writing out your answers and hoping your professor will be impressed! Real solutions are arrived at collaboratively with your client. Albert Einstein is noted to have said, if he only had one hour to solve a problem, he would spend the first 50 minutes defining it. The real skill in solution selling is problem definition not solution presentation.
Before you invest in another sales training program ask yourself the following questions: