Sales Tips From One of the the Top Sports Training and Consulting Companies- 
Altitude Premium Consulting

 

BennettTIPS
Weekly Sales Training Tips From Greg Bennett of Altitude Premium Consulting 
a Kroenke Sports Enterprises 
Partner Organization 

Segment 1: Merged Selling As It Relates to the Sales Process

Segment 2: Merged Selling As It Relates to the Seller/Client Relationship

Segment 3: How to Develop Long-term Engagements With Larger Dollar Commitments

Week 4: Dealing With Challenges and Obstacles to Merged Selling
 

Past Training Tips

Non-Verbal Communication

Negotiation Strategies That Win

Merged Selling

The Art of Renewing a Client 

Time Maximization Strategies




 

"Merged Selling" 
How to Remove the Barriers Between Seller and
Client to Forge Unique "Partnerships"

-By Greg Bennett

Segment 4: Dealing With Challenges and Obstacles to Merged Selling

In the first three segments of this series on "Merged Selling" I went on and on about all the all cool and wonderful things that can come from selling in this enlightened fashion --  better relationships, longer-term clients, more money, etc etc.  While those are all great outcomes to think about, getting there isn't always easy. 

In this last segment in the series, I'm going to do a major "buzz kill" by bringing up some of these challenges and obstacles one can face with Merged Selling.  But not to worry, I won't leave you hanging (sorry, I've been listening to my teenage daughters too much as of late) --  I'll also review some strategies on how to address these concerns and problems and move confidently ahead

First, a quick overview of "Merged Selling" (if you're too lazy or just don't care to read the prior segments).  Basically merged selling is all about wiping away the perceived barriers between client and salesperson, and between before and after the execution of the sale.  So what we have is basically a "partnership", where both parties are working together to maximize the investment involved over the long-haul.

Challenges Coming From Clients:

  • Clients don't trust salespeople enough to form "partnerships"  -- this will be the most common area of struggle as the thought of "not trusting a salesperson" is pretty well steeped in our culture.  Clients may have even heard a salesperson in the past say, "Hey, I'll be there after you buy...I promise"...only to discover the truth, that the salesperson is like every other one-night-stander out there...he gets what he wants and moves on...
     

    • How to Deal:
       

      • To keep the crude analogy going (and why not at this point?) - how would you convince a potential date that you are not interested in entering into another one-night-stand situation?  Well, (if I remember right)...I guess you'd talk about the other person much more and not about yourself.  You'd talk about your long term plans, and ask about the other person's plans, etc. etc.

      • You need to articulate early and often how you and your process are different...starting with saying (back to business now, though it would work with dating I suppose) "We're not right for every situation..." 

      • Explain why it's better for the client to form long-term partnerships...and that's why you do it...show some success stories, maybe some case studies showing successful outcomes from good relationships, etc.
         

  • This may come as a shock to you, but not everyone in business should be in business...there are a lot of people out there who are CLUELESS about what they should be doing...and aren't open to ideas and concepts from a "salesperson", especially one who wants to form a partnership. It's all just too threatening to this type of client because they think they know everything...

    • How to Deal: 

      • Run away if you can!!!!!   The chances of closing this type of client into a long-term partnership are slim to none.  Move on and find a serious business person.
         

  • Clients, like most everyone else, are creatures of habit -- they like to buy the way they've always bought...even if it's not the smartest way to approach the buying situation...

    • How to Deal: 

      • Start slowly by at least TALKING about long-term plans, even if we're not presenting long-term proposals...

      • Expand their comfort zone a little at a time...try taking them from a one-buy-at-a-time situation into two or three consecutive deals back-to-back...then gradually move them toward an annual situation

Our Own Internal Challenges:

  • We go for what's immediately available  -- instead of taking the time to form a relationship and talk long-term strategy (which means making an investment in time, energy and caring in the client's condition), we are tempted to take the easy route and fall in line with the rest of the sellers out there...pitching and taking the immediate dollars only
     

    • How to Deal:
       

      • Keep in mind that you can still circle back and talk about the immediate opportunities AFTER you've talked long-term partnership potential

      • In fact you'll find it's much easier to close on the immediate deal, if you'll fist ignore it and discover whether you're even right for the client at all
         

  • We get pressured by management to "sell something now" -- short-sighted management cares only about what you've brought in the door that day...and not the type of client you've brought in the door.  They don't care about growing good, new clients...they only care about selling stuff to someone...ANYONE.
     

    • How to Deal
       

      • What we (sellers and managers alike in this scenario) don't understand is that just because we're talking long-term partnership, doesn't mean we won't be closing on something NOW...

      • This is something you, as the salesperson, must realize -- just because you're discussing an annual program...doesn't mean we have to walk away empty handed today!!!!!

      • Again...the ironic part is, if you ignore talking about the immediate kill now, and instead focus on the long-term...you may end up walking away with both!!! 

      • It's very hard to do the opposite...sell the immediate, THEN talk long-term...people become very wary after they've purchased once...

This ends the series on Merged Selling.  I hope you've grasped what I'm trying to communicate in this area...that there is a tremendous opportunity to separate yourself from the flock of one-night-stand-sellers by taking the time and effort required to form long-lasting, profitable partnerships that will create not only more business for you...but more overall job satisfaction.

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Greg Bennett, a partner in the innovative brand expansion and consulting organization, Altitude Premium Consulting,  LLC, has been one of the top sales and sales management trainers in professional sports and entertainment since 1988.  He has created and delivered training programs for over 80+ professional sports teams and leagues, along with several Fortune 500 companies.   Altitude Premium Consulting provides training as well as the creation of premium-branded goods for pro sports teams, entertainment companies and corporate sponsors, and is in a partnership relationship with Kroenke Sports Enterprises, owners of the Denver Nuggets, Colorado Avalanche, Pepsi Center, the Colorado Mammoth and several other sports and entertainment entities throughout the United States.  Bennett can be reached at (303) 405-6110, or you can email Greg directly at gbennett@pepsicenter.com .

Altitude
Premium Consulting, LLC

 

 

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