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Winning Strategies for Closing Complex Sales By Jeff Thull So, you’re playing in the big leagues now, involved in high-stakes, high-return, multi-faceted sales. But has something changed? Are you finding that the skills that won sales for you in the past just aren’t working as effectively today? If you sell business-to-business or business-to-government, chances are your transactions involve long sales cycles and require multiple decisions from multiple people at multiple levels of power and influence. The days of presenting and closing simple, specified solutions to buyers making simple, low-risk business decisions are over. You have to juggle conflicting perspectives from a variety of people in several different companies, including yours, that may even cross national and cultural borders. You have made it to the high stakes world of the complex sale, and you are going to have to ratchet up your skills and disciplines if you are going to compete and succeed. When salespeople use a conventional sales process in a complex situation, they are like major league pitchers hurling 90 mile-per-hour fastballs at batters who may be at the plate for the very first time. What are the chances that such batters will connect? In a complex sales situation, customers don’t get up to bat that often. Yet, salespeople continue to pitch reams of data at customers, leaving them to try to connect all of that information to their world. A salesperson wants the customer to connect. But if he keeps hurling those fastballs, the customer is going to keep striking out. And a strikeout for the customer is a strikeout for the sales team. A New Sales Approach What is required is a systematic approach to turning complex sales solutions into winning proposals. I recommend a system called Diagnostic Business Development ® that is based on over 20 years of observing top-notch sales professionals bringing in the high-stakes sales. Diagnostic Business Development is a meta-process that can be overlaid on any complex sale. It provides a navigable path from the first step of identifying potential customers, through the sale itself, and on to expanding and retaining profitable customer relationships. It is a reengineering of the conventional sales process and it directly addresses the challenges that salespeople face while trying to master complex sales in today’s marketplace. The Diagnostic Business Development process encompasses four phases: Discover, Diagnose, Design and Deliver, as described below.
Conventional selling simply doesn’t work in the complex sales environment. Sales professionals must learn how to avoid common sales pitfalls such as becoming an unpaid consultant or engaging in never-ending dry runs, both instances where time is wasted and sales are never made. Most important, sales professionals must learn how to make the transition from thinking like a salesperson to thinking like a businessperson. Customers need outside expertise to help them understand the problems they face, to formulate optimal solutions and to implement those solutions. It is up to you to provide the expertise and guidance your customers need. See yourself as a project manager who guides your customer through a quality decision process. That is one of the secrets to succeeding at the complex sale. That is how to hit a home run for you and the customer. © Prime Resource Group. All rights reserved. If you would like to learn more about effective sales and customer service strategies, consider these AMA seminars:
Author Bio: Jeff Thull is the author of Mastering The Complex Sale: How to Compete and Win When the Stakes Are High! (John Wiley & Sons, 2003) and is a recognized sales and marketing thought leader. He is president and CEO of Prime Resource Group, Inc.(www.primeresource.com), a sales performance consulting firm. You can reach him at.800-876-0378. |
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