I’ve heard sales people over the years say a sale is only dependent only on the price. The cheapest price will win the sale every time. I have heard others say that people will just want to buy the product and nothing else matters. If you have the better product then you will win the sale.
I actually had both the better product and the cheaper price, but still lost the sale when I was starting out. There was this sales representative from my competitor that had such a great relationship with the customers and the customer’s customers. He got all the deals. He had some much influence that people would almost flock to him like he was a celebrity.
This sales person had an inferior product from benefits and features stand point and had a higher price, but with his impact on people he just won. It blew my mind and I could not wrap my mind around it. I am engineer by nature so I tend to go black and white with details. It did not compute. I researched the competition and knew what I was up against. I had it nailed all of the aspects that people had told me. What I did not have down was the grey area where relationships reside.
I speak to this quite often when teaching sales professionals that there are three things that everyone asks themselves subconsciously as they walk up to you:
Do I like you?
Do I trust you?
How can you help me?
When I finally realized what this variable was that I was getting my butt kicked on. It was the relationships. When I started out in sales I was told to build rapport.
Rapport is defined as “A positive or close relationship between people that often involves mutual trust, understanding and attention. Those that develop rapport often have realized that they have similar interests, knowledge, or behaviors” – businessdictionary.com
Most sales trainings teach you to look around the room with your customer and find a way to connect on similar hobbies, activities, family, etc. This is a good beginning to building a relationship with your customer, but there is a great need to go deeper with the customer. Just merely having similar interests and viewpoints is a good start, but it is a superficial level. If you want to have relationships that a deep and fruitful, you need to go deeper.
Dale Carnegie training taught me how to build get deeper relationships. This is done mainly with a mindset of being truly focused on the customer to know them and help them. Having such a relationship will help you form relationships and build unmatched influence. You end up with a relationship that brings you more opportunities and also have the customer being an advocate with others to bring you more business. The best realtors are a great example of this. They gain new customers by word of mouth from previous customers. Word of mouth is still the best form of advertising. When someone is looking to buy or sell a home, everyone is speaking about the select few realtors that the person needs to work with.
To build deep relationships with customers you need rapport, focus on learning about them, and having trust. Use these three things and you will have strong relationships with your customers and have a solid future in sales.
I have created a quick and easy online training for you called trustworthy to help you build great levels of trust quickly.
By building deep relationships with customers, I was able to land a $20 million per year five-year contract. That is $100 million contract. I was able to obtain information needed to kick off my team and produce a proposal that put my organization in play for a program that we were not thought of as a possibility prior.
If you would like to carry the conversation deeper comment on this blog, reach out via email, or do the old-fashioned thing and give me a call so we can discuss deep relationships in sales.
Have a great weekend.
Sincerely,
Kevin Sidebottom