AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Listening Your Way to the Sale. (Personal Outlook).

Business Credit

| November 01, 2001 | Hampton, Lou | COPYRIGHT 2001 National Association of Credit Management. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

With customers today being more sophisticated than they were just 10 years ago, salespeople in every industry are up against a new set of challenges. No longer does a slick sales presentation guarantee a signed contract. In fact, anything that your customers perceive as a sales pitch will prompt them to immediately tune you out and seek another vendor.

The fact is that to be successful in today's highly competitive marketplace, salespeople need to learn an entirely new skill--the skill of listening. The top-tier salespeople know that sales are simply a matter of listening to what their customers perceive as the need and then identifying what their customers want from the exchange (the solution to their need). When you can respond to your customers so that the presentation is completely based on what they've told you, then you are allowing your customers to sell themselves, thus enabling you to close more sales.

If your listening skills aren't on the mark, or if you believe you listen well and still aren't meeting your sales goals, then incorporate the following three strategies into your next sales presentation. By doing so, you are guaranteed to see improved results.

1. Do research prior to meeting with your client.

As little as 20 years ago, doing research on a client was a tedious task. It involved hours in the library, sorting through stacks of books just to find even the tiniest scrap of information about your customer's industry and current concerns.

Thanks to the Internet, however, company research is now a very simple task. Visit your customer's web site and read online business and trade publications in order to learn all you can about your client's industry and concerns. Learn about any new regulations that may impact your client's business, identify what your customer's competition is doing and become proficient at any industry jargon, so you can carry on a conversation using your client's terminology. As you conduct this research, write down any questions you need answered in order to position your product or service more effectively.

When you meet with your customer, go in with that question list, and use it as a focal point for the conversation. This doesn't mean you have to fire off questions in a precise order; it should simply guide your conversation, so you can learn everything possible about your customer's needs. When you do this, you allow your customers to do the majority of the talking. As a result, they will sell themselves on your proposed solution.

Related articles from newspapers, magazines, journals, and more
Client or former client? Implications of ex-client definition on social work...
Magazine article from: Social Work Mattison, Debra Jayaratne, Srinika Croxton, Tom January 1, 2002 700+ words
...interactions with clients. Perspectives on Ex-Client Definition Once a...client, always a client definition is the fact that clients often return for...the status of ex-client. In a survey of former clients, Silbertrust (1993...
Clients changing counselors: an inspirational journey.
Magazine article from: Counseling and Values Freeman, Mark S. Hayes, B. Grant October 1, 2002 700+ words
...positive ways by their clients (Goldfried, 2001...kinds of counselor--client moments make up some...interaction affects the client, but little on how the...encounters with remarkable clients might help counselors experience not only client change but counselor...
Clients Give The Principal Top Rankings in Annual Survey.
Press release article from: Business Wire March 12, 2009 700+ words
...from its retirement plan clients, according to the latest client satisfaction survey by Chatham...The high regard in which clients hold the client service personnel of The...ratings from retirement plan clients. Client loyalty scores also beat...
Client size and profitability--do they go hand in hand?
Magazine article from: Strategies: The Journal of Legal Marketing Satkunas, Kris January 1, 2009 700+ words
...from 20 percent of their clients. (See Fig. 1: Cumulative Revenue by Client Decile.) But given...work, including this client in the mix may skew results...firms should strip out clients such as these when analyzing trends among their client basis.) [FIGURE 2...
Client care and feeding
Magazine article from: CA Magazine Frizzle, Jim March 1, 1996 700+ words
...passively accept the client's apparent lack of...get and keep the best clients, you must be aggressively...current status with a client, ask yourself the following...CAs worry that their clients will react adversely...accountant can do for a client is to ensure that clear...
CLIENT-AGENCY RELATIONSHIPS: From great expectations.
Magazine article from: Marketing Week October 18, 2007 700+ words
...became apparent between the client and agency sides. Clients tended to focus on "declining...another individual whom the client feels is not as good) at...of them cite difficult clients, change of client personnel (39%), and...
Communicating with clients in difficult times.
Magazine article from: The Tax Adviser Eisenberg, Michael January 1, 2009 700+ words
...perspective. Revisit Client Plans Over the years...studies have shown that clients continue to regard...the context of the client's overall tax picture...Planning can ensure that clients use their losses...additional value to client relationships. Tax...understand their clients. ...
The client survey; a practice development tool.
Magazine article from: The National Public Accountant Zorski, C. April 1, 1990 700+ words
...your firm and its clients understand each other. The client survey, although...Survey In a recent client survey, only 76% of clients were aware of the...attitudes toward clients. Staff needs to know that "client orientation" is...
For more facts and information, see all results

Source: HighBeam Research, Listening Your Way to the Sale. (Personal Outlook).

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA