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Relationship Selling in the Local Economy Presented by Jeff Korhan June 24, 2011 [email protected] 630-774-8350

Relationship Selling in The Local Economy

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This program was presented at the 14th Annual Snow and Ice Symposium - The Four Greatest Days of Snow, on June 24th, in Schaumburg, IL for members and guests of the Snow and Ice Management Association.

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Page 1: Relationship Selling in The Local Economy

Relationship  Selling  in  the  Local  Economy  

Presented by Jeff Korhan June 24, 2011

[email protected] 630-774-8350

Page 2: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Relationship Selling

1. Attraction – Lead Generation

2. Engagement – The Sales Process

3. Persuasion – Conversion (Closing)

Page 3: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

The Relationship Economy

1. Human-Centric Business

2. Collaborative Markets

3. Sustainable Communities

Page 4: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Social Media

1.  Personal 2.  Accessible 3.  Relevant

Page 5: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Get Comfortable with Authenticity

Page 6: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Blogging is Storytelling with a Purpose  Visibility  Reputation and Influence  Referrals

Page 7: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Share Multi-Media Content

Page 8: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Be a Community Resource

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©Jeff Korhan and True Nature® 2010

Why People Buy - (or do anything)

1. To Be Happy – Make their life easier or better (emotional)

2. To Be Successful – Solve problems (rational or logical)

Page 10: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Communities are the New Markets

Page 11: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Mobile is Hyperlocal

• Google Places & Maps • Facebook Places • Google Profile

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©Jeff Korhan and True Nature® 2010

BatchBook Social CRM

Page 13: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

The Sales Process – What is it?

“The Vital Structure”

Page 14: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Your Process – ‘Delivery System’

Two-Pronged System 1.  Visible Process – for your customers 2.  Behind the Scenes Process – for you

Page 15: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Developing Your Sales Process

  Some Factors to Consider  You!  Time  Market – How People Buy (or Should)  Competition  Getting Paid

Page 16: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Developing Your Sales Process

 Study Past Successes  Step by Step

 What happens – why?  Test - Trim Unnecessary Steps

Page 17: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Name Your Process 1.  The…. 2.  Unique Name with Technological word

(Method, System, Process, etc.) 3.  TM

Page 18: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Elements of The Intelligent Snow Process™

Steps 1.  Communication and Discovery 2.  Mobilization 3.  Execution 4.  Enhancement

Image by Jeroen Kransen

Page 19: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Elements of The Intelligent Snow Process™

Deliverables 1.  Property Features Inventory 2.  Property Use Analysis 3.  Snow Response Plan

Page 20: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

Relationship Selling Conversion Practices

that Work!

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©Jeff Korhan and True Nature® 2010

#1 - Talk Budgets Early and Often

Are You A Salesperson or A Professional Visitor?

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©Jeff Korhan and True Nature® 2010

#2 - Make it Easy to Buy

… and be prepared for anything!

1.  Consideration – Check, Credit Card, etc 2.  Agreement – Email, Check, VM, etc.

Page 23: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#3 - People Buy What they Want – Not What They Need

Is it really necessary to have a vehicle on-site 24/7?

Page 24: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#4 - Give Reasons to Do it Now

They want you to! “Isn’t it too early to be talking about snow?”

“What’s the best time to do this?”

Page 25: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#5 - Ask Future Based Questions

“What three things, if I accomplished them for you, would allow you to look back on this experience with a great deal of satisfaction?”

Page 26: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#6 - Give a Professional Opinion

You’re the Expert!

“If I were managing a facility that operated with three shifts …”

Page 27: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#7- Read Body Language

Image by KaiChanVong

Page 28: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#8 - Get Prospects to Take Action

  Action is Engagement   Predisposes for Future Actions

 e.g. Schedule the next meeting

Keep Everything Moving

Page 29: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#9 - Say What Needs to Be Said

“You look confused – did I forget something?”

Page 30: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#10 - Divide and Conquer

1.  Make a Deal – Contract for what you agree on now.

2.  Finalize incidentals later and make them … … an addendum to the contract

Page 31: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#11 - Compromise on Terms Only

  If you compromise on price once – you will be expected to do it again.

 Compromise on price for a reason – such as closing the deal.

Page 32: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#12 - Share a Relevant Story

Page 33: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#13 - Don’t Oversell – Close the Deal!

What’s Next? (the most beautiful words in sales)

Page 34: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

#14 - Never Stop Selling

 A sale is a one-transaction – with higher costs

 Collaborative relationships build sustainable businesses – with higher margins

Page 35: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

A Community of Communities

Page 36: Relationship Selling in The Local Economy

©Jeff Korhan and True Nature® 2010

[email protected] 630-774-8350