NAPAA - National Association of Professional Allstate Agents, Inc.
NAPAA - National Association of Professional Allstate Agents, Inc.
NAPAA - National Association of Professional Allstate Agents, Inc.
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marketing tips<br />
Three Keys to More Sales<br />
with Less Effort<br />
Submitted by Michael Mills<br />
Can you predict what your sales are<br />
going to be next month You could if you<br />
knew who you were selling to and intentionally<br />
crafted and matched your sales<br />
presentation to that personality.<br />
Recently, I went to an electronics store<br />
to purchase a new TV. This was one <strong>of</strong> the<br />
higher-end franchises and I’ve always been<br />
impressed with the number <strong>of</strong> sales people<br />
available and the quality <strong>of</strong> their products.<br />
The salesman who greeted me was<br />
very knowledgeable. He filled me with<br />
information; refresh rates, pixels per<br />
square inch, everything from the TV’s<br />
resolution rates to its purchase plan’s interest<br />
rate if I chose to buy it.<br />
But I chose not to buy the TV -- at<br />
least not that day and not at that store.<br />
You might say I wasn’t ready to buy a<br />
TV and you might be right. But I’m going<br />
to say that he wasn’t selling “to” me.<br />
He probably didn’t know, and had never<br />
been trained, in the different types <strong>of</strong><br />
prospects or the different types <strong>of</strong> “Purchase<br />
Preferences” and “Gratification<br />
Modes”. If he had, research shows he<br />
would have had an 80% better chance <strong>of</strong><br />
getting the sale. Because he didn’t know,<br />
he hardly had any chance at all, and if he<br />
had sold me that day, it would have been<br />
sheer luck.<br />
Buyers have specific personal needs<br />
when they are making a purchasing decision.<br />
The “needs” to which I am referring<br />
are unrelated to the product or service<br />
they are buying. The “need” is related<br />
to the person’s character, their dominate<br />
personality type, and if you can match<br />
the content <strong>of</strong> your presentation to their<br />
personality type, you’ll have a better<br />
chance <strong>of</strong> knowing what you can best<br />
say to “trigger” their subconscious gratification<br />
needs and move them closer to<br />
making a purchase decision.<br />
In the simplest <strong>of</strong> terms, there are<br />
three different personality types. Almost<br />
every individual has a little <strong>of</strong> all <strong>of</strong> these<br />
three types, but everyone has a predominance<br />
<strong>of</strong> one. The three types are; Interpersonal,<br />
Objective and Inner Focused.<br />
The INTERPERSONAL personality<br />
is very social and outgoing. They are<br />
the ones who will engage with a salesperson<br />
and they almost always want the<br />
“latest and greatest.” They are interested<br />
in cutting edge technology and are <strong>of</strong>ten<br />
willing to pay a little more to get it.<br />
While they might not be willing to admit<br />
it, they are interested in the impression<br />
it will make on others when others<br />
see it, as well as the reputation they gain<br />
from that experience.<br />
OBJECTIVE people are the ones<br />
who would rather touch your website<br />
than engage with a sales person. They are<br />
the ones who really mean it when they<br />
say, “send me some information.” They<br />
are going to read and analyze the information.<br />
They get their gratification from<br />
researching the data to be sure they’ve<br />
made the right decision and that they’re<br />
going to get the best value.<br />
The INNER FOCUSED person is<br />
going to need a little <strong>of</strong> both. They’ll<br />
want to speak to a salesperson and want<br />
to receive some information. They want<br />
to make sure the decision is the best for<br />
them. It is important that both the product<br />
they are buying and the experience <strong>of</strong><br />
the purchase feels good to them. They’re<br />
going to want some clear assurance that<br />
all <strong>of</strong> their needs will be met, now and in<br />
the future. Finally, they’re going to want<br />
to take some time to really think about it.<br />
If management at the electronics<br />
store had paid attention to this; if they<br />
had a system, for example, to determine<br />
the personality type <strong>of</strong> each new<br />
customer who came in the door; if they<br />
had matched a sales presentation to the<br />
personality type, then each salesperson’s<br />
closing rate would have increased dramatically.<br />
Knowing this, the store would<br />
have a better understanding <strong>of</strong> how many<br />
people they needed to get into the showroom<br />
and in front <strong>of</strong> a salesperson to be<br />
able to make enough sales to meet their<br />
budget. They wouldn’t have attempted<br />
to sell an “interpersonal” individual by<br />
using an “objective” sales presentation.<br />
The goal is always “more sales with less<br />
effort,” so do your market research well<br />
and everything that follows will become<br />
easier and easier.<br />
A simple way to boost your sales is to<br />
understand what motivates your customer<br />
or client to buy. Understanding what<br />
triggers a person’s subconscious desire<br />
to buy can increase your closing rate by<br />
up to 80 percent, turning many “on the<br />
fence” prospects into satisfied customers.<br />
The moral <strong>of</strong> this story: Start controlling<br />
your sales process by making the effort<br />
to understand your target audience<br />
and hone your sales presentation to fit<br />
each <strong>of</strong> the three personality types described<br />
above. It will consistently get you<br />
better results with less effort. Ef<br />
Michael Mills is Managing Partner at<br />
BusinessDesignCorp.com - a consulting<br />
and business development company. As<br />
an Advanced Senior E-Myth consultant,<br />
Michael has systemized hundreds <strong>of</strong> businesses.<br />
Business Design Corporation has recently<br />
released a web-based application, The<br />
TouchStone Business System, to help companies<br />
consistently create and easily implement<br />
operating procedures.<br />
20 — Exclusivefocus Summer 2011