A sale is a 7 step process irrespective of
product or service categories. These 7 stages are sacrosanct across industries
and geographies. All marketing and sales professional have agreed on the complexities
involved on each of these 7 stages.
Organisations need to plan out an adequate
sales training methodology to support its sales force on each step of this 7
stages cycle for its own success.
The selling skills required for each of
these 7 steps vary from one another and requires a deep understanding of the
salesman’s ability and consumer behaviour.
The Sales Training catalogue also needs to
be designed on the 7 stages requirement format. Mechanisms need to be
implemented to mend the gap areas of the sales persons’ skills at each level.
Stage 1:
Prospecting – It’s basically the hunting stage of ‘Sales Cycle’. It requires
customer interaction and meetings. The salesperson needs to hunt profiles that
are looking out for a solution for their ‘pain’.
Skills
Required: Product Knowledge, Industry knowledge,
Market insights.
Recommended
Training Program: The art of cold calling, Cold
calling Techniques, Telephone etiquettes etc.
Stage 2:
Lead
Generation - In this
stage, the salesperson needs to identify prospects are willing to share their
information and details to fix their need or ‘pain’.
Skills
Required: Customer Interaction, Techniques of Need
Analysis.
Recommended
Training Program: Methods of Need Analysis, Art of
Lead Generation.
Stage 3:
Prospect
Qualification- In this stage a salesperson
needs to assess the prospect against parameters like intent, interest, ability
to pay etc.
Skills
Required: Listening skills, Assessment Skills,
Solution Mapping skills.
Recommended
Training Program: Methods of Sales Qualification
Stage 4:
Sales
Presentation: In this stage the salesperson
needs to communicate his proposals and solutions to the prospect.
Skills
Required: Product Knowledge, Competition knowledge,
Communication Skills.
Recommended
Training Program: Professional Selling Skills
Program.
Stage 5:
Objection
Handling: Every salesperson needs to go through
this unavoidable stage. Queries and objections should be taken positively and
to be addressed professionally.
Skills
Required: Communication skills, product Knowledge,
Evidence sharing skills.
Recommended
Training Program: Major Account Penetration Program
Stage 6:
Closing
the deal: It is the most important decision making
stage. With elimination at every stage, few deals come up to this level.
Skills
Required: Negotiation Skills, Communication Skills,
Relationship Skills, Product knowledge
Recommended
Training Program: Major Account Selling Skills
program.
Stage 7
Reference
Generation: An effective salesperson should not
leave the ‘sales cycle’ at stage 6. He should always try for generating
reference from his customers. A reference from existing customer is always
appreciated.
Skills
Required: Relationship Management Skills, after
sales servicing skills.
Recommended
Training Program: The techniques of Relationship
Management, Up-selling techniques.
In few of the stages ‘Off the Job’ may fit
in but in most of the 7 stages, ‘On the Job’ training should bring an ideal
outcome. The sales trainer needs to play the role of a ‘mentor’ than a
‘teacher’.
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