I spent last week with one of our clients (I wish I could
tell you who!), a business-to-business sales organisation that relies heavily
on cold-calling (or at least lukewarm calling) as the front end of their engagement
strategy. I’m not here to comment on the
merits or pitfalls of cold-calling. But my time with them did remind me of some
key ideas that lead to successful selling, whether over the phone or
face-to-face, whether transactionally or consultatively.
Organisations in this situation, like our client, often
spend a lot of time and energy trying to hone the perfect pitch. In the old
days, this often meant training the team to list off benefits of your solution,
and to educate accounts as to why your solution was the best. In other words,
lots of telling. If your key approach rests on these issues, stop here. You’ll
need to reorganise your thinking to focus on your account, not you.
More modern organisations focus on identifying a potential
client’s key Pain Points (or similar
terminology), and then defining a way to explain how their product or service exactly
addresses those. This is a huge step in the right direction – being customer-focused
– and it was the situation we found at our client.
But this refinement still misses the mark for a successful
customer-centric sales methodology: it is still fundamentally telling them about
us. Ideally, sales people need to get their customers talking, and thinking,
about their business, their needs, how they could change or revolutionise their
process, etc. Even if you’ve been told to “challenge” your accounts, you need
to get them to talk, to internalise, and to challenge their assumptions. You'll get there through questioning.
Last week we focused on Pain Questions as a big part of the
missing solution. Sales teams were already
asking about Pain Points, but then they jumped right into telling the account
about their solutions. Anyone who’s ever been sold to by a persistent, overly
assumptive sales person can tell you that this kind of telling is rarely
successful.
Pain Questions dig into the implications of the current
situation, before moving on to the
Gain or reward of fixing it. This can often help to build discomfort around the
current situation by uncovering – and building – the consequences of not
acting. This is done by asking questions, not by telling them, in order to help
amplify the current situation. Use questions like, “What are the implications
of that?” “How often does that happen?” “What’s the customer experience like in
those situations?” etc.
We found, almost immediately, that the impact and
effectiveness of the calls improved. Instead of telling the account why their
solution was better, they listened to the specific issues facing the person
on the phone, they asked questions that probed and built up the situation, and
then they tailored future comments to address the specific issues and pains
that they had just magnified.
So the key here is to make sure that selling organisations
are digging deeper to uncover the key issues and the true implications behind
them. Often, the really good question is the follow-up question. For instance:
Sales: “You mentioned that invoicing is an issue, how often are
you finding that there are invoicing errors?”
Client: “About 10% of the time.”
Sales: “OK. And what is the experience, from a customer
perspective, when that happens?”
The first question was a good one, and revealed useful
information that can be used to help sell in our solutions. But the second one
can really start to build pain – in this case strategic pain - for the account.
So what should you do
with your team?
- - Listen in to their calls to see your team is asking about the implications, costs, or consequences of the current situation, as opposed to just the existence or non-existence of certain situations. Coach them to ask questions and dig more deeply before jumping to the solution.
- - At your next team meeting, get people to think about what questions might build pain at their contacts, instead of just checking to see if it is there. If they can pause long enough to build pain, their solutions will be much more intriguing.
Hi,
ReplyDeleteI found the blog through linked in.
I agree in that getting people to talk about their pain points is one of the best ways to get people to see value in a proposition. I use a similar thing where I get business owners to walk through their business processes with me on a white board - which gets them thinking about areas which could be improved.
I'm thinking before a person will open up about their pain points, they need to trust you in some way. I can get a lot of glib answers when working with owner's who don't yet trust me.
What sorts of things do you do develop that trust? Especially with a prospect who may not have heard of you/your product before?
And what - in your opinion - creates the greatest discomfort? For example, talking about lost opportunities, talking about wasted time/money or talking about disappointed customers.
Love to hear your thoughts.
I think you're exactly right, David: to some extent you need to establish trust, or at least rapport, before you can get honest answers.
ReplyDeleteThat said, it is interesting to note that insightful questions often build trust. And by insightful, I mean ones that demonstrate you've done your research, that you are truly interested in their business and its outcomes, and that are not sneaky or manipulative.
As for the greatest discomfort, generally it is the strategic issues - like your customer and opportunity ideas above. That said, especially with newer customers, the easiest place to start is often Tactical ones, like your time and money comments.
Nice to hear from you and good luck!
Thanks!
ReplyDelete