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Selling Services


Selling a service isn't the same as selling a product. Your prospect is buying an intangible. There are no shiny buttons to show off. You and your company are the visible representations of the service. You need to live up to them in your image. (marketing) And in how you "court" the prospect. (sales)

When you're marketing, you focus on opening your prospect's door. You're part of the day-to-day noise, which crowds in on her, every day. Your job is to break through that clutter and produce a good enough impression that she is willing to take the next step and meet with you.

Once you get to meet with a prospect, your goals shift. The two main goals in the sales meeting are to get the prospect to reveal their desires (needs analysis) and to see you as the best solution (positioning).

The sales meeting is your opportunity to take the positive image your marketing has created, and bring the sales/marketing cycle to a fruitful conclusion. In the sales meeting, the prospect must come to feel that you are more than competent, and that you can be trusted with her company, her career and her dreams.

The most important rule in sales: Talk little, listen much.

Spend 75% of your time listening. Ask questions and paraphrase the prospect's responses. As you do this, you're defining the background to the prospect's situation, confirming what their desires are, and discovering the prospect's personal agenda.

Note I say "desires", not "needs". Too many people try to sell what they perceive, believe or understand that people need. People don't deal very well with what they need, only what they want. Sometimes these coincide, but not always. Sell what your prospects want, their desires. Making dreams come true is a stronger sell--just ask Disney.

Once you've gathered sufficient data, summarize the key issues and their implications to the prospect's immediate and long-term well-being. The use of questioning, paraphrasing and summarizing, builds the perception of your expertise and trustworthiness. Your prospect will begin to believe in your ability to understand her unique issues.

And treat her issues as unique, even if you've seen them a hundred times before. Most people feel they are the only ones with their particular set of issues. Don't make them feel common.

It's important to assess your ability to live up to your prospect's expectations. If you can live up, then reassure the prospect with a simple, confident statement such as "I can help". If the prospect is interested in proceeding, begin identifying the parameters of the project. Begin by asking: "What's the specific end-result do you want to achieve from us working together?" Ask questions and follow-up questions to guide the prospect to begin defining the desired output and process, deadlines, budgets or other important project guidelines.

Before you get too far along in this contracting discussion, determine if your prospect is the real decision-maker. (If you haven't already.) Are there hidden decision-makers? (A decision-maker has the authority to approve or reject the terms of reference, any recommendations and implementation, can authorize payment and terminate the agreement.)

Tell the prospect what you need from her. Make sure that your prospect accepts joint client/provider accountability for success. Reinforce that you must be given the tools to succeed: access to information, people and other resources. Be clear about your fee structure. Make sure that your prospect understands it.

The sales cycle is completed by confirming the agreement in person and by following up with a written Letter of Agreement, or contract. It should contain your understanding of the Background, Project Scope, Project Plan, Fees, Expenses and Terms of Payment and any other relevant terms. For most small projects, don't get too wordy--one page will often suffice.

For many of us, selling is an uncomfortable, even frightening task. But it must be done if we are to have the chance to deliver the benefits we have to offer.

Keith Thirgood, Creative Director

Capstone Communications Group

Helping businesses get more business through innovative marketing

http://www.capstonecomm.com/

Markham, Ontario, Canada 905-472-2330

Subscribe to Thrive-on-line http://list.capstonecomm.com/mail.cgi?f=list&l=thrive_on_line


MORE RESOURCES:

Sales - Google News

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Treasury to Sell Floaters in Second Half of Year, Dealers Say
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The Treasury Borrowing Advisory Committee, the group of bond dealers and investors that meets quarterly with the Treasury to share insights on the debt market, unanimously endorsed the sales, according to minutes of the group's meeting released Feb. 1.

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Apotex pays Bristol, Sanofi damages over Plavix - Wall Street Journal


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Apotex Corp., Canada's biggest drugmaker, has paid Bristol-Myers Squibb Co. and Sanofi SA, the two brand-name drugmakers that jointly sell Plavix, $442.2 million in damages ordered over its improper sales of a generic version of Plavix in 2006.

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Beer sales could be boon for Arizona's universities - AZ Central.com


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Several Arizona representatives have proposed a bill that would open the door to selling beer and wine to the general public at state university sporting events. My gut reaction was "never" as I envisioned stadium students sections turning into a ...

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Fed Sells $6.2 Billion of Bonds From AIG Rescue to Goldman - San Francisco Chronicle


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The New York Fed in June ended its earlier plan to sell Maiden Lane II assets through regular auctions, following sales of about $10 billion. The face value of the assets had dwindled to about $21 billion when the auctions were halted.
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Orchids Paper Products Company Reports Record Quarterly Converted Product ... - MarketWatch (press release)


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The increase in converted product sales resulted from a 46% increase in converted product tonnage shipped and a 2% decrease in net selling price per ton. The increase in shipments was due to a combination of new product sales which were primarily in ...

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iPhone on Sprint: Great for sales, terrible for profits - Christian Science Monitor


Christian Science Monitor

iPhone on Sprint: Great for sales, terrible for profits
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The Apple iPhone was the top-selling smartphone of the last quarter, according to a new report from the International Data Corporation – the king of a smartphone market that has expanded by as much as 55 percent over the past year.
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Wells Fargo's Carroll eyes cross-selling by brokers - Reuters


Wells Fargo's Carroll eyes cross-selling by brokers
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Wells Fargo is known to carefully track sales of credit cards, insurance and other products to its bank customers. And executives have embraced the idea of cross-selling. The firm does not have any mandatory cross-selling sales goals for its brokers, ...

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Las Vegas Still Selling More Homes in January, Yet Prices Still Declining - World Property Channel


Las Vegas Still Selling More Homes in January, Yet Prices Still Declining
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The local housing market began 2012 in much the same way it ended 2011, local home sales increased compared to the same month last year while prices dipped. "We continue to sell existing homes at a record pace and at bargain prices," said greater Los ...

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Newsstand Report: Sales Down Across the Board, Elle Plumets 18%, and ... - Fashionista


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Glamour was at the industry average, selling an average of 469544 copies. Marie Claire wasn't far behind, falling 8.9 percent to 231054 and W's newsstand was down 7.4 percent to 20426. Harper's Bazaar's single-copy sales fell 7.3 percent to 147194.
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Average Salespeople “Fly By The Seat Of Their Pants” - Utah Pulse


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If you feel that selling isn't hard work you probably aren't as successful as you could be. 2. Salespeople don't think through the sale as they should. If you don't know the who, what, where, when, why and how of the sales opportunity, you are missing ...
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