“Under what circumstances will you buy what I am offering?”
March 21st, 2008 Karl Goldfield Posted in Commitment, Discovery, Sales Training 1 Comment »
“Under what circumstances will you buy what I am offering?”
February 13th, 2008 Karl Goldfield Posted in Book Review, Customers, Discovery, Forecasting, Pipeline No Comments »
Delivery: 7
1. He likes to coin phrases and name his prospects a little too often. He dilutes his message a bit with the touch of cheese and his 1980’s style vernacular. This will quickly turn off the young sales reader, and it will be a shame for his concept and messages are pure.
2. There is not enough “story” in the writing. It is a bit too much system and not enough substance. Again, this makes it hard to keep turning the pages. If I could make one suggestion to a legend of the circuit, and it is pretty ballsy of me to critique a master, but since this is a review I have to speak from the heart. My suggestion would be to add more tales of success that utilize the process and remove a bit of the spoon fed instructions. At times it feels a bit insulting.
3. While the baby boomers are still in power, they are slowly starting to retire. When the 60’s and 70’s babies start take control of the corporate world, the electronic real time super highway reality of life will eliminate his mailing methods. My generation is plugged in, and it will take talented e-mails that are permitted to get through to make your point. While communication is getting more and more immediate, it is also getting harder to get messages through the gateway. While Parinello will probably attest that this is why to send a printed letter, I can assure you that my colleagues trash every letter we get. Personally, if it is not a bill or a check, my mail is meaningless and gets filed in the cylinder.To any young readers out there, I recommend fighting your way through these potential read stoppers and get through to the substance of this book. Find ways to get your message to the top.
Concept: 8
Parinello’s methods are not exactly original, but what he does is create an easy to follow system that will work for anyone with the smarts and guts to do it. My only concern with his concept is how little he stresses the ability to collaborate with groups. I believe when you are working with the top people, it is imperative to work every contact to the north, south, east, and west. He mentions many times how “VITO” has his trusted advisers, but never suggests using them as partners as well.He defines the technical members of the team as burdens to the sales cycle. There is a disdain and trust of these members of “VITO”’s team. I think there is some truth in his opinions, and heeding his advice will serve you well. I would only add that if you develop ways to maximize your relationship with everyone in an organization, you will only continue to prosper.This one point aside, Parinello’s concepts are spot on.
Message: 10
Listen to the man and adopt a strategy that gets you to the top of the corporate hierarchy. Parinello is absolutely, ABSOLUTELY, 100% COMPLETELY AND UTTERLY CORRECT when he says that this will speed up the hierarchy and win you bigger and better sales. It will also speed up the “No” process by eliminating endless time chasing deals that were never there, or you never had a chance of winning. My favorite point that he makes is one of my favorite mantras (My quote):“A Sales Champion does not close deals, but opens the door to long term relationships.”He states this many times in his book and every time it made me smile. He had a quote that, may be my new favorite. It speaks to the work ethic of a Sales Champions:“If you want to win all the awards and enjoy the prestige and commission checks that it brings, then begin to do your sales work part-time; start working half-days. That’s right just pick twelve hours each and every day and work ‘em.”
Overall score: 8
Anthony Parinello does not need me to tell him he wrote a good book. I present this review to all of you that are struggling to get past the influencers and evaluators in the market. Jump start your career by reading this book and using some of his methods. The biggest point he makes, and one that you have to embrace to succeed is that you can establish equal business stature with top officers by speaking their language and understanding their needs. Give them benefits and they will give you business.
January 29th, 2008 Karl Goldfield Posted in Discovery, Sales Training No Comments »
Intent; what is the prospect’s objective and what is their perception of how to get it done? So often a sales rep does not bother to investigate the inner workings of the prospect’s plan, and in the best of scenarios, ends up overwhelmed by an onslaught of objections. More often they find themselves on the merry go round of call backs and wishy washy answers. What may have prevented one of these frustrating outcomes? What could we have taught of budding sales champions to do?
When you are trying to understand the goals of particular purchase or acquisition, it is wise how your prospect sees it working. Ask them simply how they plan to do what they are trying to do! It seems so basic, but more often than not, a sales rep is afraid to uncover these facts. There is this assumption, that if they do ask the questions that will teach them about the prospects perception, it may turn out there offering is not going to work out. GOOD! It is better to find this out early, instead of starting an opportunity and working through the process of selling something to someone who cannot or will not use it.
So, how do we uncover this information now that we have learned who we are dealing with and what they are trying to do? Here are some example questions to ask:
1. How did you realize you could use (Your offering; in these questions, stick to the general offering, not your company in particular).
2. What do you think buying (your offering) will accomplish?
3. What challenges will buying (your offering) address?
4. If you purchase (your offering), are there any problems you do not see it addressing?
5. What particular company’s (offering) do you think best matches your requirements? Why?
Asking these questions will educate you on what you have to accomplish to obtain a customer. In most cases you will uncover some misconceptions about the industry, your product, and your competitors. This will give you an unbelievable amount of data for building a value proposition that allows your prospect to understand your positioning. It also cleans out the people you have no chance of working with. Again, some of these questions may seem intimidating and direct. I assure you that using them will cost you a bit of your opportunity pipeline, but those are the deals least likely to close, and will end up taking up the most of your time. Build the courage to ask these questions and narrow down the field of the people you are ready to work with.