Gain Sales Esteem by Avoiding 2 Common Sales Insecurities

 

There are two common missteps that make you lose sales and they are easy to fix once you see the whole picture.

1)    Over talking. (Too much information)

2)    Over comforting people.

Overtalking undermines your good intentions and dilutes your message. Since too much of anything is no good the same goes for lots of explaining. The longer you go the greater the odds for losing them. You think you are being thorough and you might not realize that you are shooting yourself in the foot. Be careful, we ladies are talkers; we say 3x more words per day on average than men. This is good and bad.

We are expressive and make awesome teachers and presenters. Sometimes we get carried away with details and features and skip over what matters to them. Rx. Keep it emotional and factual—short and sweet—let them know what’s the gain?

Tip: A cop once told me how he was trained to handle domestic violence calls. He said what he learned worked on the job and in real life and I never forgot it. Don’t start off super strong because you can’t easily back off. However, you can always ramp up. You can share more information if you are asked for it but you can’t take back what you have already spilled.

 

Over comforting is another deal breaker. Over coddle and you take away the need for a customer to take action. Some empathy is good but too much is counter productive. Since you are empathetic, compassionate and caring it makes you credible, trustworthy and nice to do business with. When it hurts you is when you’ve made a persuasive and strong presentation that strikes a chord and you become uncomfortable and you rush to comfort them. If they pause and verbalize hesitation you don’t need to run to their aid—know that smart people talk out loud and be patient for a few beats.

Avoid a patronizing “Ahhh, I am so sorry…” followed by, “ You don’t really need this.” Or, “You can do it yourself.” That might be true. If you feel it’s mean not to comfort them or that you are being manipulative by illuminating a sore spot—STOP— it’s not. Rx. It’s not for you to decide if they need something or can or can’t do it themselves or afford it. You can help them by selling your product or service and delivering them what you promised.

Tip: If comforting people is what you enjoy doing let me reframe it for you. You can comfort people by making things easy for them, by simplifying their life, their condition, and their situation and demonstrating the transformation they will experience you are half way home. The more comfortable you are with your emotions the more comfy you will be with theirs. Practice sitting with discomfort and watch how things change when you hold your tongue an extra beat.

 

 

Handling Money Objections

 

Many women are budget minded and love a good deal! We want good value. Even when we splurge, we don’t want to be “had.” When we feel “had,” we fume and are likely to blab about it to others.

Remember these common traits when your prospect seems to be stalling because of cost, and MONETIZE the value of your offering.

Monetizing doesn’t necessarily mean saying your product is cheaper than your competitor’s. Monetizing means breaking things down so that cost and value are put into perspective. The buyer may not recognize the value of that “great bundle” unless you explain what it includes.

Closing is easier when you break things down so that prospects grasp what they are getting for their money.

Example: Leslie is selling gym memberships for $49 per month and gets a wide-eyed stare when she mentions the cost. She needs to monetize, break down what the price includes. After learning what her prospect wants from membership, she can detail those items included for the cost—noting the advantages that her gym offers compared to competitors.

Fortunately, Leslie has a great story. That $49 fee includes use of a day spa and two facials and massages a month, on top of the regular workouts. These special extras must be illuminated.

Viva la difference! Point out how your gym doesn’t cost $110 like the Equinox Club nor is it like the bare bones $19 no-name gym down the street. A sentence like: “We aren’t the cheapest or the most expensive,” is a good start, but be sure to explain the great extras the $49 fee includes.

Your prospect is listening for the trick. Stick to facts. “Bait and switch” does long-run damage and creates awful ripple effects. So, if it’s not a limited time offer, be sure to let your prospect know the terms. Say: “That package is good for a year from the day you sign.”

Naturally, you need to ask your customer questions about her workouts and how much she indulges on self-care, but that’s another blog post.

For now, Ms. Seller—be sure to remind yourself what a terrific value you offer and that you are going to help your customer see the wisdom of the purchase. Then you will be in the zone.

 

 

More High Quality Friends = More Business & A Better Life

Ethel Barrymore nailed it when she said “It’s really good to have friends before you need them.” Cultivating circles of friends is critical to your survival not to mention having a laugh and making a living. But busy women don’t often think they have the time to develop new friendships and we aren’t always willing to be strategic about courting the ones that will benefit us. Heaven forbid we are seen as too opportunistic or concerned for ourselves. But we must choose wisely and your parents were right when they said who your friends are speaks volumes about you.

Everything has to do with your ability to be a good friend and deliberately seek out friends according to their caliber…who they know, what they do well, what they bring to your party and what they can do for you. No, I am not saying you need to ditch your friend who just lost her job, whose parent died or is in a funk right now. I know someone is thinking how cold I am being and how I seemed like a nice girl in my past postings… bear with me please–because we have to look at this.  (This in itself is the root cause of why people spend time courting the wrong prospects–btw.)

If you consider yourself a nice, kind or a good girl this all flies in the face of how we are groomed. We take care of others, we do the right thing and we watch out for the underdog so we find ourselves tired rather than energized. Developing and leveraging your connections is really important. Your portfolio of friends needs to be diverse and only you can decide based on your values and objectives where these people will come from. So before diving into how you can scout -the most important thing is that you need to seek friends who will support your growth and contribute in meaningful ways to you and vice versa. New friends should be on an adventure themselves and since they are they are generally more encouraging, optimistic, curious, and resourceful and creative minded…oh and interesting too. In their presence you feel everything is possible and you don’t have to apologize or reel it in or dial it back.

Be on the look out for:
Women who are on a path you’d like to be on yourself.
People who have a knack for attracting money.
Seasoned women with advanced degrees and graduated from School of Hard Knocks.
Activists with a cause.
People in key positions.
Women affiliated with spiritual organizations, religious, political organizations.
Women who golf, play tennis, mountain-bike or dance, sing, drum.
Friends of friends.
You get the idea. Appreciate your own brilliance since you have something valuable to offer others too.

If you know any amazing people you think I should connect with please make an introduction.