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Industry : Management & Strategy Consulting Functional Area : B2B Sales
Activity:  4 comments  223 views  last activity : 07 06 2010 20:18:04 +0000
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First thing as salesperson you need to know there are five critical success factors you need to work upon on a on going basis

 

The five factors are:

 

Ø      Knowledge:  Knowledge is considered as the most important element to be successful in this profession. Unfortunately most sales people take knowledge for granted. Experience show that limited knowledge limits your scope with prospects. You need to have knowledge about: Own Products, Own Organization, Competitors, Customers, Customers Competitors, Territory, Industry trends.

 

Ø      Skills: Knowledge alone will not be sufficient!. There is no point you having a warm feeling about your product, the same warmth the customer should feel. In other words you need to communicate the knowledge effectively to your customers. In selling its not ‘what’ you say that counts its ‘how’ you say that makes all the difference. ‘What’ is telling, ‘How’ is selling. So due importance to your ‘selling skills’. Don’t ever say “I told the customer everything he needs to know”  The real question is have you ‘sold the idea?’

 

Ø      Strategy:  With knowledge and skills another thing, which is important, is the ‘strategy’ without strategy you would have no clue why you are not succeeding. Strategy means ‘Game Plan’. There are lot of sales people sitting with wrong contacts, pitching right things with wrong people and pitching wrong things with right people!

 

Ø      Approach: With strategy another important element emerges is ‘Tactics’. Your tactics has to vary from customer to customer. For e.g. Value for money needs to be communicate differently at different level. Similarly is ‘Price Objections’

 

Ø      You Factor: At the end of it the most important factor is ‘you’. You are the one who is creating positive or negative perception in the customers mind. The customer sees you as THE spokesperson of your company. So every time you skip any commitments, every time you ignore your physical appearance, every time you respond casually…the odds get stacked heavily against you.

 

The bottom line of this funda tip is:

 

Work on these Five Critical Factors

 

Watch out for my next funda …

 

 Top Comment : Dayanand Deshpande   | 05 07 2009 08:01:33 +0000
Adding to what Mr.Ashok said there are some other qualities too to be a sales person. Confident - A sales person should be confident about the product he is selling as well as his own ability to successfully close a sale. Especially in the case of door to door selling, the sales person should be able to interact well with the prospective buyer, gain their trust, arouse an interest and eventually convince them to try a new product. Sales persons should be willing to handle all kinds of tense situations. Patient & Courteous - Convincing a prospective customer to buy a product is not an easy task. Selling is an art and requires patience. A sales person should be able to guide a customer through the entire process which begins with a prospective buyer's indifferent attitude towards a brand and ends with them placing an order. The sales person should be courteous and pleasant while taking a buyer through these stages. If a sales guy has all of these traits then he won't be taking much time in convincing customer of his product.
 
4 comments on "TIP 2 Critical success factors"
  Commented by  Nagpal Singh, Sales and Business Development, Babel Group of companies    | 08 12 2009 15:18:11 +0000
i think process of sales goes like this:- Product knowledge-customer identification-confidence-communication skill-and reciept....Cheers!!
  Commented by  varsha ., technical manager(QMS), frac    | 05 07 2009 17:09:21 +0000
yes u r right the blend of these critical points really make a  successfull lead for sales person
nice one..............
  Commented by  sachin, FINANCE ANALYST    | 05 07 2009 09:20:27 +0000
Rating : +1 
gr8 tks
  Commented by  Dayanand Deshpande, Senior Consultant, Ernst & Young    | 05 07 2009 08:01:33 +0000
Rating : +2 
Adding to what Mr.Ashok said there are some other qualities too to be a sales person.    

Confident - A sales person should be confident about the product he is selling as well as his own ability to successfully close a sale. Especially in the case of door to door selling, the sales person should be able to interact well with the prospective buyer, gain their trust, arouse an interest and eventually convince them to try a new product. Sales persons should be willing to handle all kinds of tense situations.

Patient & Courteous - Convincing a prospective customer to buy a product is not an easy task. Selling is an art and requires patience. A sales person should be able to guide a customer through the entire process which begins with a prospective buyer's indifferent attitude towards a brand and ends with them placing an order. The sales person should be courteous and pleasant while taking a buyer through these stages.


If a sales guy has all of these traits then he won't be taking much time in convincing customer of his product.
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