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The Masters of Legendary Service

What the best salespeople do

All of us have experienced the occasion of observing a sales person demonstrating extraordinary skills. If you have had the opportunity of interacting with this salesperson when you were shopping, a master of legendary service, undoubtedly it was a pleasant experience you will long remember.

All of us with the responsibility of supervising any number of sales people have wished we could clone the extraordinary salesperson, knowing our sales would reflect a very substantial increase. While the inner drive fueling the master of legendary service is a study within itself, there are several skills that we can observe and educate our sales people with.

The masters of legendary service are skilled in utilizing five types of questions to learn more about customers, their needs, and to close the sale. The masters, regardless of the product mix of the store, also know the three things they are selling and in what sequence they should be presented to the customer.

The master will begin their conversation with a prospective customer by engaging with an "open" or "probing" question or statement. The open format can be as simple as a statement welcoming the customer, or inviting a comment in a "neutral area" such as the weather, a new product you sell, or a local sports team.

Utilizing the probing technique requires the master having some additional information about the customer. This would occur for the sales person when the customer has "landed" at a particular display, or is examining a RC car, or other similar information.

The probing questions are appropriate at this point because the sales person has the ability to ask what prompted the customer's interest in the item, or why the customer is looking at a certain product.

Using a "why" question opens the door for additional probing questions. "How do you like this new car?" The answer will probably include explanations of having owned another car by that manufacturer, or a recommendation from a friend. Armed with this insight, the master sales person is able to continue with the necessary questions which precede the closing of the sale.

The third type of question a master can utilize is a closed ended question. The master will use the question in several places. The closed ended question can be a part of the assumed sale when the master asks the customer if this item is for the purchaser or is going to be a gift. The master can also use the closed ended question to create an add on sale. "Since this is a gift, would you like to give them an extra battery pak to go with it?"

Imagine the customer, having made a selection of an item, being asked by the master, "Is one enough, or would two be better?" The master knows 17% of the time, the customer will decide to take the second item.

By definition, the closed ended question is one in which the answer is "yes" or "no". The closed ended question is the most frequently used type of question. Unfortunately, we all experience it every day with the lesser quality salesperson as they are asking, "Can I help you?"

The fourth type of question is as often a statement as it is a question. The emotional question or statement can give reinforcement of the relationship with the customer with an "I value your opinion", or a question/statement of "I know you have three or four cars from this manufacturer. How do you like his new one?" In examining the four questions we have already discussed, it is important to explain that the four can often be used in conjunction with each other, in a variety of sequences, as well as blended so to create the appropriate scenario for the master. These four being reviewed, the fifth question remains, and is set apart for reasons which will be explained.

The "leading" question, while a type of question a master is aware of, is used sparingly. A sales person known for being pushy or a high-pressure sales person is more apt to use the leading question. Any example of the leading question can be observed when the customer has shown a preference for a lower priced product, and the sales person responds by asking, "You don't really want to purchase the lesser quality set, do you? You know it will not last as long."

While this may help to close a sale, the master does not utilize it because he or she recognizes the long term value of the customer. It is not simply the dollars generated by the commission of this one sale. Instead, the master is aware of the lifetime value of the customer.

For those looking for a monetary lifetime value, calculate the average sale of the business multiplied by the number of purchases per year by the customer, again multiplied by the number of years a customer will shop with the business. Now, look at the commission, or profit, from this calculation.

This is a much larger amount of money, and the master being aware of it, is looking for the long term relationship as compared for the "quick sale".

Lastly, the master is aware of the three items he, or she, is selling. As a master enters into an interaction with a customer, they are expending their efforts to sell themselves to the customer. They build a relationship utilizing the questions appropriate for the situation, and assist the customer in achieving a level of comfort with the sales person as well as a level of satisfaction in the knowledge of the master.

The master then sells the business in which they work. A master can often explain to the customer that this is the business they have selected to work in, as it is the most harmonious to the master's business philosophy and religious beliefs.

After a master has sold their self and the business, they are now free to sell their product or service. And when the customer is ready to make another purchase, the first thing they will decide will be to talk to the master of legendary service.

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This article is copyrighted by Tom Shay and Profits Plus Solutions, who can be reached at: PO Box 128, Dardanelle, AR. 72834. Phone 727-823-7205. It may be printed for an individual to read, but not duplicated or distributed without expressed written consent of the copyright owner.

 

MAY 2024
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Small Business

AdvisorieS

The May Small Business Advisory is titled "Planning for a successful accountant" and is appropriate for many with the April 15 tax deadline having passed.

 

Did you work with your accountant? Or, did you just give them a bunch of papers and wait to receive a completed tax return?

 

Successfully working with an accountant requires a partnership. This month's Small Business Advisory gives suggestions of how to make this happen in 2024.

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Increasing revenue is great, but it is not a cure all for any challenges your business is facing. And sometimes, incresing revenue can create a challenge.

Article of the Month

Who is your customer? Some small businesses have no focus. Their customer is whoever calls or walks in the door.

 

And some small businesses have determined which customers, in sufficient numbers, they should spend their efforts to attract.

 

The article of the month shares an old Southern rhyming couplet about business; "The bertter you niche, the more you get rich."


Book of the Month

Lean Startup by Eric Reis is our suggested book for May.

 

As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.

 

Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.

BOOK US

With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.

Small Business

Advisories

The May Small Business Advisory is titled "Planning for a successful accountant" and is appropriate for many with the April 15 tax deadline having passed.

 

Did you work with your accountant? Or, did you just give them a bunch of papers and wait to receive a completed tax return?

 

Successfully working with an accountant requires a partnership. This month's Small Business Advisory gives suggestions of how to make this happen in 2024.

Small Business

News

 

Top Story

We see that many small business owners have too much of a focus on the "top line" of their income statement.

 

Increasing revenue is great, but it is not a cure all for any challenges your business is facing. And sometimes, incresing revenue can create a challenge.


Article of the Month

Who is your customer? Some small businesses have no focus. Their customer is whoever calls or walks in the door.

 

And some small businesses have determined which customers, in sufficient numbers, they should spend their efforts to attract.

 

The article of the month shares an old Southern rhyming couplet about business; "The bertter you niche, the more you get rich."


Book of the Month

Lean Startup by Eric Reis is our suggested book for May.

 

As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.

 

Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.