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North Cotswold Business Breakfast Club Key elements of selling! Jonathan Viney 23 rd April 2010

Presentation To Business Link Key Elements Of Selling

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Helping SME\'s develop the right sales strategy, with key practicable advice on how to sell and manage sales people

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Page 1: Presentation To Business Link Key Elements Of Selling

North Cotswold Business Breakfast Club

Key elements of selling!

Jonathan Viney

23rd April 2010

Page 2: Presentation To Business Link Key Elements Of Selling

•How do I create a sales strategy?

•What are the important elements I need

from a sales perspective to succeed?

•What are the common errors made when

growing a small business?

•Top tips on what will make your sales

increase

Topics for this morning

Page 3: Presentation To Business Link Key Elements Of Selling

How do I create a sales strategy?

If People Know What They Want, Understand How To Achieve It, And Have The Ability To Action This… “The Odds Of Success Increase Dramatically”

Page 4: Presentation To Business Link Key Elements Of Selling

How do I create a sales strategy?

What Is Strategy The Oxford English Dictionary, Quote…. “A Plan To Achieve A Long-Term Aim”

“Planning and Directing A Military Activity in A War Or Battle”

Page 5: Presentation To Business Link Key Elements Of Selling

How do I create a sales strategy?

Goals The Big Picture Thinking, Blue Sky Objectives The Practical Steps Needed To Achieve The Goals

Page 6: Presentation To Business Link Key Elements Of Selling

Goals

Short Term (0 To 12 Months)

Mid Term (12 To 24 Months)

Long Term (24 To 60 Months)

How do I create a sales strategy?

Page 7: Presentation To Business Link Key Elements Of Selling

Objectives The Steps Needed To Achieve Goals Specific What Do You Want Measurable What Is Success Achievable Is It Realistic Results Will It Achieve Bus Results Time When Will It Be Done

How do I create a sales strategy?

Page 8: Presentation To Business Link Key Elements Of Selling

What Is Your Market Place

Who Do I Sell To?

What Is The Market Size / Potential?

How Mature Is The Market?

What Are My Key Differentiators?

How do I create a sales strategy?

Page 9: Presentation To Business Link Key Elements Of Selling

Who Else Operates In This Space

Who Are Your Competitors?

How do They Operate?

What Are There Strengths & Weaknesses?

What Are The Alternatives?

How do I create a sales strategy?

Page 10: Presentation To Business Link Key Elements Of Selling

A

C

C

H

awareness

consideration

coverage

hit rate

Key Areas To Consider Prospecting

Sales

Route to market

Page 11: Presentation To Business Link Key Elements Of Selling

How Will You Drive Success?

• Setting Sales Targets

• Measures

• Sales Reviews

• Coaching And Motivation

What are the important elements I need from a sales perspective

to succeed?

Page 12: Presentation To Business Link Key Elements Of Selling

From The Moment You Pursue A Sale Someone Is trying To Beat You To It…” “From The Moment You Win It Someone Is Trying To Take It From You…”

What are the common errors made when growing a small Business?

Page 13: Presentation To Business Link Key Elements Of Selling

Common errors

• Assume employing a sales person will sell more than the owner!

•Treat new customers better than old ones

•Not communicate with existing and old customers

•Ask the customer why they have brought from them

•Don’t approach large customers

•Assume they have to be the best

Page 14: Presentation To Business Link Key Elements Of Selling

Additional Supplier

• Good Account Intelligence

• Customer Support, Sponsor

• Good Relationships

• Ability To Respond Well and Quickly

Top tip

Page 15: Presentation To Business Link Key Elements Of Selling

Feature • A feature describes the key characteristics of a product or service e.g. What it does ?

Advantage • An advantage describes how a product, or a product feature, can be used or can help the customer e.g. How its applied ?

Benefit • A benefit describes how a product feature or advantage meets an explicit need as expressed by the customer. e.g. What it does for them i.e. saves time, money etc. Unique Selling Points/Differentiators • This is a feature, advantage or benefit that only your product or service provides and this gives you an advantage over your competitors.

Top tip

Page 16: Presentation To Business Link Key Elements Of Selling

• We work with….

• Who have a problem with…

• What we do is…

• So that…

• Which means that…

Your “1” Minute Intro

Page 17: Presentation To Business Link Key Elements Of Selling

Thank you for your time

Jonathan Viney www.ashviney.co.uk