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Chapter 3: Consultative Selling

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Chapter 3: Consultative Selling

  1. 1. Chapter 3 – Consultative Selling
  2. 2. What is Consultative Selling? Product Selling • Focuses on talking about the product • “All about me” approach • Assumes that every prospect needs the product • Tries to sell the product to every prospect • Focuses on selling products to prospects • Tries to sell the product at every sales process step • Salesperson does most of the talking • Pitch centers around explanations and descriptions • Talks about the product to try to make the prospect interested • Focuses on the salesperson’s interests • Tries to overcome objections Consultative Selling
  3. 3. Hi [Prospect Name], I am a Senior Account Manager with [Company Name]. We provide: • [Product 1] • [Product 2] • [Product 3] I am reaching out to see if you need what I sell. Can I schedule a 20 to 30-minute meeting with you to try to get you to buy what I sell. Best Regards, XXX XXX XXXXXX
  4. 4. Benefits Why do we do this? Product Company Features Functionality What we say when talking with prospects Very inward focused – me, my product, my company • Foundation of knowledge • Focus of training • Wealth of experience • Where we have interest • What leads to us getting paid • Introductions • Cold calls • Emails • Networking • Company website • Social media • Presentations 1. It is how we are trained 2. It is your natural instinct 3. It is the easiest path
  5. 5. Product An Alternative Approach – Consultative Selling Value Pain Points Questions Company Name Drop Focused on prospect first What we say when talking with prospects • Introductions • Cold calls • Emails • Networking • Company website • Social media • Presentations
  6. 6. INTERACTION CONVERSATION EXPLANATION PURCHASE Product Selling Consultative Selling
  7. 7. Product Selling Consultative Selling Company Product Features Benefits Goal: Get Customers Value Pain Points Questions Product Company Name Drop Goal: Starting Conversations
  8. 8. What is Consultative Selling? Product Selling • Focuses on talking about the product • “All about me” approach • Assumes that every prospect needs the product • Tries to sell the product to every prospect • Focuses on selling products to prospects • Tries to sell the product at every sales process step • Salesperson does most of the talking • Pitch centers around explanations and descriptions • Talks about the product to try to make the prospect interested • Focuses on the salesperson’s interests • Tries to overcome objections Consultative Selling • Focuses on talking about the prospect • “All about the prospect” approach • Questions if the prospect needs the product • Tries to find prospects that are a good fit • Focused on providing solutions to prospect’s needs • Trying to sell the next step in the sales process • Prospect does most or equal amount of talking • Pitch centers around probing sales questions • Talks about benefits, problems, ROI, client examples to make prospect interested • Focuses on the prospect’s interests • Tries to deflect objections
  9. 9. Consultative Selling May Appear More Difficult • It is easier to talk about the product • Difficult to know what questions to ask • Can be a lot of different types of customers • It can be difficult to have business conversations • Can be unclear what pain points to look for • Trigger less guardedness • Face less objections • Experience less rejection • Better quality leads • Closing will be easier • Can outline pain points and questions according to buyer personas More Difficult? Or Is It Easier?
  10. 10. Sales Tools (Scripts) Call Scripts Email Messages Voicemail Scripts Objection Responses Meeting Scripts Sales Presentation Sales Message (Sales Pitch) Product Target Buyer Type Value Points Pain Points Pain Questions Name Drop Examples Sales Tactics and Processes (Tips) Cold Calling Cold Emailing Voicemail Strategy Objection Handling Dealing with Gatekeepers Meeting with Prospects Qualifying Sales Process Networking Closing Level 1 Level 2 Level 3
  11. 11. Example
  12. 12. Week 1: Introduction to SMART (Chapters 1 - 2) Week 2: Consultative Selling (Chapters 3) Week 3: Building Your Consultative Sales Message (Chapters 4 - 9) Week 4: Creating Sales Scripts, Emails, Voicemails, and Objection Responses (Chapters 10 - 15) Week 5: Managing the Sales Process (Chapter 16) Week 6: Cold Calling (Chapter 17) Week 7: Email Prospecting (Chapter 18) Week 8: Voicemail Strategy (Chapter 19) Week 9: Getting into New Accounts (Chapter 20) Week 10: Dealing with Objections (Chapter 21) Week 11: Getting Around Gatekeepers (Chapter 22) Week 12: Qualifying the Prospect (Chapter 23) Week 13: Closing (Chapter 24) Week 14: Networking (Chapter 25) Week 15: Prospecting on LinkedIn (Chapter 26) Week 16: Improving Mental Strength (Chapter 27)
  13. 13. Please Like Comment Share Subscribe Thank You!!!
  14. 14. Follow Us @salesscripter / @sales_halper @salesscripter / @michael_halper @salesscripter www.linkedin.com/in/mhalper/ @salesscripter @michael_halper and Sales Tips Club
  15. 15. SMART Sales System S M A R T ales essaging nd esponse actics
  16. 16. Get your copy here https://www.amazon.com/dp/0578615762
  17. 17. SMART Sales System Sales Methodology Software Platform Professional Services
  18. 18. SMART Sales System Sales Methodology Software Platform Professional Services • Sales Message Builder • Sales Scripts • Email Templates • CRM Functionality • Email Automation
  19. 19. SMART Sales System Sales Methodology Software Platform Professional Services Sales Consulting • Sales Pitch Development • Sales Process Mapping • Script Assessment Sales Coaching • One-on-One Sales Coaching • Weekly coaching • Coaching Hour Blocks
  20. 20. www.salesscripter.com

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