How to apply retail selling rules from Apple to B2B transactions

Making the Sale

I cut my sales teeth with retail. There are a couple of fundamental “retail rules” that Apple follows that ensure high retail sales. When you think about it, the same principals apply during B2B transactions.

Here are 5 tips:

1. Ensure the customer feels happy to be there. How? Smile. Look into their eyes and very quickly say “Hello”. Then quickly look away as though you are looking for something or someone to help them. Then quickly look back at them. Too much eye contact, especially for today’s buyers is considered to be a threat.

2. Ask “How can we help you today?” or “What are you looking for today?” Assume the customer will be back, and keep the question open.

3. Listen very carefully. This means asking only open-ended questions. Wait until the customer has finished their sentences. Ask for clarification of their needs. Fantastic open-ended questions include “What do you wish to accomplish?” “How do you see yourself using this?” “What have you used in the past?”

4. Offer suggestions (only 2 at a time) to resolve their problem and provide them with what they are looking for. This is known as the “Alternative” Close. There are 9 types of closes that buyers respond positively to today.

5. Keep the door open. Just like how you welcomed the customer when they entered, ensure they feel welcome to come back. “See you again!”

Any others? We look forward to hearing you pleasant (and profitable) retail experiences where you were shown the love, and responded in cash.

Continued: 3 tips to selling after S&P downgrade

Sales Strategy High-Gain QuestionsFirst of all, sales have not stalled. Businesses are still purchasing goods and services that ensure that their business will continue to thrive. Corporate Canada was responsible for much of the growth in 2011, with business spending intentions up 5% year-over-year to $15.6 billion. Source: Financial Post)

So when interacting with your clients and clients-to-be there are three considerations:

1. Find out what they NEED to stay in business and give it to them (for a fee of course). In addition to asking open-ended questions, ask “High-Gain Questions”. There are 4 types:

Evaluative – Comparative based.
e.g. Compared to last year, how are you meeting the needs of your customers?

Analytical – Calculation based.
e.g. If you were able to increase your market share by 5% within 6 months, how would that impact your bottom line?

Speculative – Future focused.
e.g. Imagine that you have no limitations on your budget, the sky is the limit, what would you do differently?

Emotive – Emotion based.
e.g. If your largest contract with XYZ Co. was cancelled, how would that impact your business?

2. Differentiate yourself from your competition. Keeping existing customers is paramount to anyone’s business success. When you ask High-Gain Questions it enables your client-to-be to bring you up to speed with their changes. These types of questions are exceptional at positioning you as more valuable than your competitors.

3. Inspire them to commit now. Play into people’s hesitation to commit. If your solution is $10,000 but they have little trust that your solution will work, suggest they start with a piece of the solution. Then, schedule an appointment to evaluate the results.

Stay tuned for more….

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