1. SONCASE
Understand customer motivations:
- Security: Build trust and reliability.
- Orgueil (pride): Appeal to pride or status.
- New: Highlight innovation and uniqueness.
- Comfort: Emphasize convenience and usability.
- Argent (money): Focus on cost-effectiveness.
- Sympathy: Create emotional connection and rapport.
- Ecology: Emphasize environmental responsibility and sustainability.
2. SIMAC
Structure pitches effectively:
- Situation: Set the context.
- Idea: Present the solution.
- Mechanism: Explain how it works (5W+2H).
- Advantages: Highlight benefits.
- Conclusion: Reinforce and close.
3. SPANCO
Manage the sales pipeline:
- Suspect: Identify potential leads.
- Prospect: Qualify leads.
- Analyze: Understand needs.
- Negotiate: Align on terms.
- Conclude: Close the deal.
- Order: Confirm and finalize.
4. CAB
Build strong value propositions:
- Characteristic: Define features of the product or service.
- Advantage: Explain why it is better.
- Benefit: Showcase what the customer gains.
5. AIDCA
Guide the customer journey:
- Attention: Capture the client’s interest.
- Interest: Foster curiosity.
- Desire: Create a need.
- Conviction: Build trust.
- Action: Drive decision-making.
6. SMART
Set clear and effective goals:
- Specific: Define goals that are precise and unambiguous.
- Example: "Increase sales by 20% in the B2B segment."
- Measurable: Ensure the goals can be quantified or tracked.
- Example: "Sign 10 new contracts within the next quarter."
- Achievable: Set realistic and attainable goals.
- Example: "Train two new sales reps to handle the workload."
- Relevant: Align goals with broader business objectives.
- Example: "Focus on renewable energy clients to support company sustainability goals."
- Time-bound: Include a clear deadline or timeframe.
- Example: "Achieve these results by the end of the fiscal year."
7. CRC method
1. Clarify
- Understand the client's objection by asking questions.
- Example: "Could you explain what specifically concerns you about this solution?"
2. Respond
- Provide a tailored response with arguments, evidence, or solutions.
- Example: "We can customize the design to perfectly match your restaurant's atmosphere."
3. Confirm
- Ensure the objection is resolved and the client is satisfied.
- Example: "Does this address your concern?"
Sales Process Stages
- Lead Generation:
- Research potential clients and identify opportunities.
- Vocabulary: Networking, segmentation, lead generation tools.
- Lead Qualification:
- Evaluate genuine prospects and understand their needs.
- Vocabulary: Ideal customer profile (ICP), pain points, qualification criteria.
- Needs Analysis:
- Identify customer pain points and goals.
- Vocabulary: Problem assessment, solution alignment, discovery process.
- Proposal:
- Present tailored solutions that align with their requirements.
- Vocabulary: Customization, ROI (Return on Investment), scalability.
- Negotiation & Closing:
- Handle objections, finalize terms, and secure the deal.
- Vocabulary: Counteroffer, win-win strategy, deal structuring.
- Post-Sales (Loyalty):
- Maintain relationships and look for upselling opportunities.
- Vocabulary: Retention, follow-up, cross-selling.
Advanced Techniques and Tools
1. Behavioral Styles in Sales
- Analytical Clients: Focus on data and logic.
- Strategy: Provide detailed reports and evidence.
- Driver Clients: Focus on results and efficiency.
- Strategy: Be concise and goal-oriented.
- Amiable Clients: Focus on relationships and trust.
- Strategy: Build rapport and show empathy.
- Expressive Clients: Focus on creativity and big-picture ideas.
- Strategy: Share exciting visions and outcomes.
2. Objection Handling Techniques
- Empathize: Show understanding of the client’s concerns.
- Example: "I understand why this might seem like a big change."
- Clarify: Ensure you fully understand the objection.
- Example: "Can you explain what concerns you about the cost?"
- Respond: Provide solutions or explanations.
- Example: "This investment pays off in six months through increased efficiency."
3. CRM Tools
- Purpose: Track interactions, manage leads, and analyze data.
- Benefits:
- Improved follow-up efficiency.
- Centralized information for collaboration.
- Better forecasting and insights.
4. Assertive Behavior in Sales
- Maintain confidence while respecting the other party’s perspective.
- Avoid aggressiveness and passivity; focus on mutual respect and collaboration.
- Vocabulary: Confidence, respect, constructive dialogue.
5. Closing Techniques
- Assumptive Close: Act as if the client has already decided.
- Example: "When would you like us to start the implementation?"
- Alternative Close: Offer two choices to move forward.
- Example: "Would you prefer monthly or quarterly billing?"
- Urgency Close: Create a sense of urgency.
- Example: "This promotional pricing is available until Friday."
Key Metrics for Success
- Pipeline Velocity:
- Formula: Velocity = (Deals × Deal Size × Close Rate) ÷ Sales Cycle Length.
- Vocabulary: Throughput, bottleneck, forecast accuracy.
- Balanced Pipeline:
- Ensure deals are distributed across all stages to prevent bottlenecks.
- Inactive Deals:
- Remove or requalify dormant deals to maintain pipeline health.
Contracts and Negotiation Essentials
Contracts
- Terms and Conditions:
- Define obligations, rights, and exit clauses clearly.
- Vocabulary: Clause, liability, termination.
- Payment Terms:
- Specify due dates, penalties, and methods.
- Vocabulary: Installments, default interest, due date.
- Confidentiality Agreements (NDAs):
- Ensure sensitive information is protected.
- Vocabulary: Proprietary, enforceability, nondisclosure.
- Performance Metrics:
- Include KPIs and deadlines to measure success.
- Vocabulary: Milestones, benchmarks, SLAs (Service Level Agreements).
Negotiation Strategies
- Preparation:
- Understand your counterpart’s priorities and potential objections.
- Vocabulary: BATNA (Best Alternative to a Negotiated Agreement), leverage, concessions.
- Communication:
- Use active listening and assertive language to build rapport.
- Vocabulary: Framing, mirroring, anchoring.
- Closing:
- Ensure all terms are agreed upon and documented.
- Vocabulary: Consensus, ratification, binding agreement.