
The
Final Solution:
The Non-Event
The
solution step is generally the easiest step in the sales process and
the least important. Since approximately 80% of sales are won and lost
in the initial discovery step, most salespeople are equipped to do a
good job in the solution step. Traditional salespeople who have been
schooled in feature and benefit selling can finally relax knowing that
they have a skill set which, when used sparingly, can be transferred
successfully over to a consultative sales process.
Here
are some key elements and guidelines to executing the solution step:
- Ideally you will
not need to do a presentation, because the best presentation is no presentation
at all. Frequently you will find that doing a successful discovery step
will negate the need to do a presentation. Best-case scenario is when
you have a solid grasp of their problems: it is inferred that
you will have the ability to effectively solve their problems with your
solution.
- Review the prospect’s
goals and pains at the beginning of the solution step to confirm that
nothing has changed since the last meeting.
- Review their intent
as to what they will be deciding on at the end of the meeting.
Example: “At the end of our meeting today, what are your
expectations as far as making a decision?”
- Know how much
time they have for the meeting and know their agenda.
- Know the criteria
beforehand for going beyond their expectations and meeting their basic
expectations for product or service performance.
- Call in advance
to make sure the right people are going to be there.
- Know the roles
of the people in the meeting and their specific issues and pains.
- Don’t do a classic
feature and benefit “pray and spray”. Simply provide documentation
of how you will solve their problems.
- Do a reality check
to see if they like what they have seen so far. Example: “Mr.
Prospect, based on what you’ve seen so far on a scale of 0 to 10,
how would you rate your interest?” If they give you a high number
or a resounding approval, try getting closure by asking,
“What should we do next?”
- Proposals should
be written for invisible decision makers.
- At the beginning
of the meeting ask, “What absolutely will you have to be convinced
of today to move forward or to make a decision one way or another?”
Here
are some examples of some tactics to use for closure:
- “Is there
anything that you need to discuss before we decide what the next step
is?”
- “What would
you like to do now?”
- “How would
you like to start?”
- “At this
stage, all I need is your approval to go ahead and get started.”
- “That’s
pretty much what we planned to cover today. The question now is do you
like it and if so, what is the next step?”
- Summarize what
they’ve already agreed to as to what they like and ask them, “What’s
next?”
- “These are
our recommendations. How would you like to proceed?”
The
last thing you want to do if you don’t get a final decision is to
do damage control:
- “When I
follow up with you next week and if I don’t hear back from you, how
should I proceed? How committed are you to making a decision on this
one way or another?”
- “Can we
agree in advance that when I call you next week, you’ll give me a
definitive decision one way or another, and if it is a no, I promise
you not to arm wrestle you and I’ll respect your decision?”