Think about all the hours invested into these steps of the sales process:
… just to hear "NO!"
… just to hear "NO!"
Take these five P's for a test drive, and your sale performance will improve.
Proposals come in all shapes and sizes. Some are highly-technical and data-focused, while others are more detail-driven. Some are filled with fluff, while others are pretty worthless. The best proposals are a combination of data, solutions, and detail.
John Henley, on September 18, 2018
Most proposals follow a pattern of reviewing a customer need or desired business result and then presenting the solution that will deliver the desired result. I agree with that approach, but you will increase your closing ratio if you add a section in between those two. That section? Measures of Success.
Alysa Hinshaw, on August 15, 2018
IMAGINE THIS: After countless attempts to connect with a prospect, your persistence has paid off. You did it! You've got the meeting on the calendar, you are feeling great! Now, you have one chance to make a great first impression, and it needs to count. Luckily, you have a few days to prepare so you can ensure the meeting runs smoothly and the prospect views you as a trusted and valued partner.
While it’s important to prepare yourself for the meeting, you also want to prepare the prospect. This is one thing that salespeople often overlook prior to a meeting. Most prospects are going to expect you to come in and tell them why they need to buy your product or service. It’s up to you to go out of your way to be sure they know you are different and you are not going to do that. Don't just prepare yourself... also prepare your prospect.
Kurt Sima, on July 11, 2018
Even when you are intentional about removing surprises and skilled at talking about price, you may still encounter objections during the sales process. Listening for objections along the way and handling each one as it comes up helps you avoid trying to address all the objections while you are presenting your proposal.
This post was originally published on Hubspot.
Despite its increasing irrelevance, the tired, old sales pitch still enjoys a large following. Unfortunately, that washed-up elevator pitch generally focuses solely on the seller -- the company, its capabilities, and its accomplishments -- and rarely highlights the prospect’s needs.
Kurt Sima, on September 21, 2017
Surprises are fun when they are part of a birthday; not so much when they are involved in selling. Salespeople should do their due diligence to minimize surprises during the sales process, especially when presenting and closing proposals.
Salespeople can improve their closing ratio and improve customer results using a no-surprise proposal (NSP) technique by clarifying these five things before they build and present a proposal:
Guest Contributor, on September 11, 2017
Slide presentations are supposed to help salespeople make sales. However, if they are poorly designed, slide presentations can drive sales away. A slow-moving, confusing, lackluster and lengthy PowerPoint is hard to endure — buyers will assume if they buy anything from you, they’ll be in for more of the same as long as the relationship continues.
On the other hand, an engaging and enlightening PowerPoint establishes you as efficient, expert, and tuned in to the customer’s needs. In other words, it will bring you closer to a sale. Here are 10 ways to make your presentations stand above the competition.
Jim Hopes, on September 6, 2017
In today’s sales world, it’s apparent that most companies have mastered PowerPoint or Prezi to compose absolutely gorgeous proposals. In fact, many companies have dedicated teams or specialists to create seemingly-compelling, graphically-rich proposal pages that go onto a shared drive, making it much easier for salespeople or the support people they work with to simply grab some of those pages and assemble them with a minimal amount of customization necessary. One could argue this approach saves countless hours for the sales operation and puts presentation elements in the hands of those who build such things every day. On the surface, this appears to be a breakthrough akin to Henry Ford’s assembly line. But there is problem, and I bet you know what it is.
I have read about 300 proposals in the last year in my consulting practice, and nearly all of them were, indeed, beautiful. And nearly all I read looked alike – a reference to mostly generic needs that most prospects could have, pages and pages of product information (more than anyone would read), and some boilerplate information about the company offering the proposal. Just imagine you are a professional buyer or business owner who sees multiple proposals of this type every week. It would be an effective organic cure to insomnia, for sure. The number one complaint I hear from salespeople is that they put out a proposal to their prospect and then never hear anything again. Is it any wonder?