
Length – 2 hours to 3 hours
Focus – SALES / fundamentals of
successful selling, handling objections, closing Companies invest many dollars in office
space, computers and support personnel for their sales force. Hours are spent
making sure the rep understands all the features and benefits of the product.
The investment of advertising causes interest and the sales force attacks! When
they display a low closing ratio, closing techniques are thought to be the
answer. According to Tim, closing is only ¼ of the sale! Tim teaches the AIDA
sales formula. Attention – Successful
salespeople begin by putting the customer at ease with a brief time of building
rapport. Tim explains how to ask the questions necessary to relax both the
salesperson and the customer. Interest – Within moments of
meeting and relaxing the customer, the salesperson gracefully determines the
customer’s authority and ability to buy. Too many salespeople waste their time
with the wrong person, or worse, with a customer who can’t and won’t pay.
Tim reminds listeners that the commission on that is ZERO, by the way. The salesperson then determines,
through listening carefully to the answers to a strategic line of questions,
exactly what the customer’s expectations of the product are. Salespeople are
reminded to focus on the likes, dislikes, wants, needs and budget of the
customer. Desire – Tim teaches
salespeople to sum up their entire presentation into one short customized phrase
at this point, then prove their claim. He explains how to strategically use
sales aids such as brochures, and how to demonstrate the product. Salespeople
are reminded to sell only what the customer wants to buy, even though the
salesperson may know volumes of information about the product. Throughout the
presentation, the salesperson constantly seeks the ‘affirmation’ of the
customer on the features and benefits the customer found important.
Additionally, Tim teaches salespeople how to ‘read’ the customer and how to
know when to close. Action - The close! Salespeople
are reminded of the importance of a three-step close. First they test the
effectiveness of their presentation by asking if they have proved their claims
about the product. Next, they ask the customer if this is the product for them.
Finally, they ask the customer to buy the product. High pressure is never needed
when all the steps are followed. The entire process makes so much sense
that seasoned salespeople feel a confidence they may not have had prior to
following AIDA. Brand new salespeople feel confident, because they understand
the ‘steps’ involved in selling their product. Companies benefit
because their product is successfully presented in a logical manner, eliminating
the annoying tactic of “high pressure”.