SELLING IN THE 21 ST CENTURY
PAUL FOH
The 21 st century work place will be Known by the 3Cs: ACCELERATED CHANGE, OVERWHELMING COMPLEXITIES, AND TREMENDOUS COMPETITION
WHAT IS SELLING? The process of persuading, influencing and convincing someone to your point of view and exchange money for value in the process.
WHY DO PEOPLE BUY? To solve problems Convenience Prestige/ Aspirational Lower prices Fad Referral Reciprocity
KNOW YOUR PRODUCTS BENEFITS FEATURES
KNOW YOUR TARGET CUSTOMER NEEDS WANTS VACUM
THE 21 ST CENTURY CUSTOMER
PRODUCT PASSION
The Communication Process source encoding channel decoding receiver SALES COMMUNICATION
IF YOUR TARGET CUSTOMER DOES NOT BUY OR UNDERSTAND YOUR MESSAGE WHO IS AT FAULT?
THE SALES PROCESS
PROSPECTING Your prospect are those that ‘CAN’ become your customer.
PRESENTING This is the stage of the selling process where communicate and present your product before the prospect
STILL ON PRESENTING This is the stage where you present your business opportunity to them either one on one or a seminar. There is a direct relationship between your number of prospect and the number of presentation. If you talk to 10 prospect and 3 come for your presentation you have a ratio of 10:3 In presentation.
CLOSING THE SALE This where you ask for the: order, account deposit
FOLLOW UP 48% OF SALES PEOPLE NEVER FOLLOW UP WITH A PROSPECT
LAWS OF INTERNET SALES
1. LIKING Make us your friend before we can buy from you.
2. RECIPROCITY Do for us what you want us to do for you.
3. SOCIAL PROOF
4. CONSISTENCY Can you be trusted
5. AUTHORITY FIGURE
Use social media tools