Leading Publication: MLM Leads, MLM Training, MLM Marketing

MLM Magazine January 2015 January 2015

What is the mission that drives your business?

Happy New Year! I'm often ask, "what is your mission that drives your business" that is such a great question and that is why we want to start off this new year off with this important subject.

Have a blessed and prosperous 2015!

George Madiou

Founder and Publisher

Article Subtitle
No matter what level of selling ability you possess, by continued practice, you can become better, and the more effective you are at selling, the more successful you will be in every area of your life.

Article Article Intro
Sometimes I ask my seminar attendees, “How many people here are in sales?” It’s interesting to watch how people respond to that question. There are always a few people who will raise a hand at first, and then another hand goes up, and then another, and soon perhaps half the people in the room have a hand up, even though they may be in fields such as management, administration, finance and accounting. I then smile and ask again, “Now, how many people here are really in sales?” At this point, virtually every person in the room has raised a hand. We all smile at the realization that each of us is in the business of selling every single day. From the time you get up in the morning until the time you go to bed at night, you are negotiating, communicating, persuading, and influencing— trying to get people to cooperate with you to accomplish the things that you want them to accomplish.

Article Content

So, the pivotal question with regard to selling is not if you are doing it, but if you are good at it.

All top executives are excellent salespeople. All effective parents are wonderful salespeople. All effective employees use sales techniques to get their coworkers and bosses to go along with them and to cooperate with them in getting the job done. Everyone who is effective in virtually any area of life that involves other people is an excellent salesperson of some kind. Unfortunately, over the years, a stigma has grown up around the selling profession. Many people feel that selling is a low-level type of activity and they don’t like to be associated with it— even people who are in sales! Virtually no colleges or universities have a “Department of Selling,” even though almost 15 million Americans make their living by selling something to someone. It is the largest single, identifiable occupational group in the United States.

Salespeople are the movers and shakers in every business and industry. They are the key people who create the demand for all the products and services that keep everyone employed at every other occupation.

The basis for all successful sales efforts is a discipline called gap analysis. Gap analysis is clearly defining what your idea, product, or service can do for a person and then deciding how to demonstrate that in a compelling way. People tend to buy based on how they anticipate feeling as a result of owning and enjoying a particular product or service. In fact, they make their decision based on whether or not that feeling is more valuable to them than the money they will have to part with. In selling or persuading anyone to do anything, there is an “ABC theory of motivation” that is very powerful. In it, “A” represents a state of “felt dissatisfaction.” This means that the individual is not satisfied with his or her current situation or condition. The “C” represents a state of greater satisfaction. If the individual can get to this state, the felt dissatisfaction in his or her current situation will be relieved. The “B” in this ABC theory is the product, service, idea, action, or activity that you are trying to persuade the person to acquire or to engage in. So, to repeat, the “A” is the existing state of dissatisfaction. The “C” is the future anticipated state of greater satisfaction or relieved dissatisfaction. The “B” is what you are offering as a means to that relief. According to this theory, getting people to do something that they would not have done in the absence of your influence is possible only when a gap exists between their current situation and the ideal situation that they would like to enjoy.

The very best persuaders, communicators, and salespeople are those who concentrate their attention on identifying the exact gap that exists and determining how big it is.

They then focus on widening that gap in every possible way, until the prospect begins to feel more and more dissatisfied with his or her current situation and more and more desirous of enjoying the preferable situation that is achievable by the use of the product, service, or idea. Let me give you an example. I was quite happy with my car until recently. It was a nice car, it was paid off, and it was running fine. Then I took it in to the dealership for a regular checkup and service. The service manager did an excellent job of analysis and came back to me with the sad fact that the car required not only new tires all around, but also a complete new set of brakes, a wheel alignment, and a lot of other things. The total cost would be about $3,000. You can imagine my reaction. I was shocked. I had no idea that the car required that much service. Well, I thought, what the heck, at least it’s cheaper than buying a new car. Then a salesman at the dealership pointed out to me that the car would drop another $2,000 in value at the turn of the model year, which was coming up in about 60 days. He told me that if I kept the car, and repaired it, I would lose $5,000 off the total value of the car, which I could never recover. Suddenly, I went from complacency about my car to dissatisfaction, and then to great dissatisfaction and an intense desire to improve my condition in some way. The salesman then went on to explain that he could take my car as a down payment on a brand new luxury automobile, with no cash out of my pocket, and he could spread the payments over three, four, or five years, so that the cost to me would be very reasonable. At that, all my resistance vanished. I started out satisfied with my car, then became so dissatisfied with it that I bought a brand new, expensive luxury car - and, surprisingly enough, I drove away happy. Here are some of the key points in gap analysis that my salesman applied. You can use these same techniques to persuade people to move from where they are to where you want them to be.

Remember that people buy solutions to their problems, not products or services. In fact, as a salesperson, you need to be more of a problem finder than a vendor.

The more you focus on the problem, or the gap that exists between the real and the ideal in the customer situation, the faster you will find a place where your product or service can plug the gap. The bigger the problem that the customer or prospect has, the bigger the potential sale. One of the most powerful questions you can ask a person is, “How much is that problem costing you?” Help him to identify not only the obvious, direct costs, but also the not-so-obvious, indirect costs. Ask the prospect, “What are the implications? What is the meaning of that problem to you? What other things does it affect in your work or personal life?” The most astute salespeople are those who are capable of finding a small gap and then expanding it into a wide gap. They are capable of discovering a small problem or dissatisfaction in the mind of the prospect and then, by questioning and commenting, increase it until the prospect develops an intense desire for the solution they are offering. If you are selling to companies, you have to ask what the decision makers in the organization want to accomplish. What is the gap between where they are and where they want to be? How is the decision maker rewarded, and for what? What does the decision maker have to do to earn the respect, esteem, and support of this or her superiors and coworkers?

One of the deepest subconscious needs of all people is the need for self-esteem, for feeling valuable, important, and worthwhile.

If you can ascertain what people need to do to increase their self-esteem and their perceived value in their organization, and then show them that by using your product or service, they can earn the approval and appreciation of the people around them and above them, they will often be very motivated to buy what you are selling. When you meet prospects for the first time, you will find that they are usually unaware that a gap exists between where they are and where they could be. They will often say things like, “I’m not interested,” or “I can’t afford it,” or “We’re quite happy with our current situation.” These are normal and natural responses. No one likes to change. Your job is to describe a state of even greater satisfaction that they could enjoy if they did something different. Virtually all advertising is aimed at showing people how much better off they could be with a product or service that they have not yet acquired. Gap analysis is based on asking good questions— questions focused on discovering problems that might be troubling the prospect. There is a direct correlation between the use of good questioning techniques and sales success.
Article PDF File
Article_Author_Name
Authors Name

Benefits

Become a member and access training PDF, Audios, Videos

About us

OUR 10th YEAR ANNIVERSARY Over 160,000 members and counting. Design by activarmedia.com

Contact Us

George Madiou

  • Phone: +1 561 654-5974
  • E-mail: george (at) mlmnetworkmagazine (dot) com

Top