What Selling Skills do You Need for Your Home Based Business?
Selling skills are imperative in keeping and maintaining a steady income stream for your home based business. There many articles written on sales and sales skills yet the general message is the same. Help the customer fill their need. We will explore how to do that below.
Most of us already have the basic selling skills necessary. We just need to practice and enhance the sales skills we already have. The components of business sales are really quite simple and easy to put into practice. They consist more of the questions you ask and the rapport you have with your propects then anything else.
Selling
Skills Components
-
Pre
Qualify Your Prospect
-
Explain
Product Pros and Cons
-
Find the Fit
-
Win
/ Win - Every Must Win!
Pre Qualify
Your Prospect
Qualifying your prospect is not only the first but the single most important
step to the business sales process. In determining if you really do have a buyer
there are some very important questions
you should ask.
Questions
for Qualifying Your Prospect
-
What Exactly are You Looking For?
-
What are Your Expectations of this Product or Service?
-
When do You Need the Product or Service?
-
Why
do You Feel You Want the Product or Service?
-
Have
You Used this Product or Service Before?
What Exactly
are You Looking For?
This
can be a loaded question for you because it will answer so many other questions.
You may find that the prospect doesn’t really have an idea or they are vague on
what it is they want or need. That is why they came to your home based business
in the first place.
The
prospect may tell you all that they do not want instead of what they do what. However
they answer the question, you now have some insights into whether they are
really serious buyers or just fact gathering for a later sale (still a
prospect).
If they say that they
are not really sure, then you can ask some more specific questions to decide
whether you have a buyer, a prospect or a time waster (a time waster has no
intention of buying just window shopping – and wasting your time). As your
selling skills get better you will recognize how serious a buyer is.
The more the prospect
trusts you and your home based business, the easy the business sales process
becomes.
When Do
You Need the Product or Service?
Determining a
time frame of when the prospect needs to product or service will help you in
understanding your prospects priorities. If they needed the product or service
yesterday then they are not only serious buyers but they will require your full
attention now. Your energy can then go into creating the product or service fit.
If they don’t have a time frame you may still need to continue qualifying with
other questions.
One
point that you should keep in mind is that you should ask as many questions as
possible to be able to determine a buyer, prospect or time waster. Most
prospects will turn into buyers eventually, so you should always be as helpful
as possible however you do need to recognize when to back off and move on to
more profitable activities such as working with a qualified buyer! This selling
skill will come with experience and with more business sales under
your belt.
What are
Your Expectation of this Product or Service?
You are trying to see
how your offering will fit into the prospects or buyers plans, budget and
expectations. This question is very important to your home based business sales
success. Will this product offer exactly what the prospect is looking for? If so
then with a fit you are now looking at a buyer. If the product will not fit for
them you can save both of your time and energy by stopping the sales process.
A selling
skills tip: If
your product or service will not be a fit for your prospect try to help them
find it by checking your competitors, yellow pages or internet. You never know
when your help will create great word of mouth advertising even if your prospect
didn't buy from your home based business. They may send someone who will!
Why do You
Feel You Want the Product or Service?
This
is really another qualifying question to get a feel for the motivation of the
prospect. When you know what the motivating force behind the purchase is, then
you can be better able to decide if you have a buyer or not.
Have You
Used this Product or Service Before?
Having the answer to
this business sales question will allow you to explain the many great benefits
of your product as well as the draw backs. You will be able to start where the
prospect needs you to fill in the blanks. You will also be able to determine
what interests them the most about the product.
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Explain Product
Pros and Cons
If
you are talking about the pros and cons of your product then you have decided
that you have a qualified buyer. Now you are trying to find out how your product
or service will fulfill your customers needs. Most salespeople feel that they
have to beat the customers over the head to make business sales which is far
from the case.
If
you have done the pre-qualifying process correctly, you will know what the buyer
wants, when he wants it, how much she knows about the product and whether it is
a fit or not. You have created a good working rapport with your buyer. They
will see that you have their best interest at heart and excellent selling skills
as well.
Talk
openly about your product or service. What are all the wonderful benefits that
it offers? What might be something that it doesn’t offer but makes up for in
other benefits? Don’t be afraid to talk about the downside of your product or
service. Your customer deserves to make an educated buying decision.
No
product or service is exactly perfect. Your buyer will understand that and will
trust you much more knowing that you are not afraid of talking about the down
side. They can see that you have prepared a thorough answer or explanation to their
questions. The more you know about your product or service, the more your
customer will be able to make an informed decision.
Helping the buyer to make an informed decision is really the core of all selling
skills. When you think of how the buyer will enjoy and be able to benefit from
your product or service, then you are on the right path to running an excellent
home based business with profitable business sales.
Sales Skills Tip:
Successful salespeople truly forget about what is in it for them when they are
talking to and dealing with customers. It is the customer first, and then the
benefit of the business sale becomes an after thought.
Find
the Fit
Make sure you and your buyer are both seeing the fit for your product or service. Check all the angles out with your buyer to be sure that it will do what your customer expects. In my article;
Some Customer Service Tips for Excellent Customer Service, I discuss how important this fit is
for long term customer relations and future business sales.
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Win/Win -
Everyone Must Win!
Everybody wins or I will not play! This statement should be the bases of all
business sales. If the sale does not match your buyer’s needs and your home
based business needs then it is not a good deal for all involved. This selling
skill is really more of a rule then a skill, yet it does need to be practiced.
You
might say how can I lose if I make the sale? Well if you aren’t happy with the
sale and your buyer is, you will grudgingly help them out but you will not be
giving your one hundred percent to them. If they are not happy and you are then
you will have negative feedback and a returned product or lose of payment for
your service.
Sales Skills Tip:
The
golden rule in all transactions it that it must work for everyone involved. Keep
this in mind and you will have better business sales, more repeat customers and
much less returns. An excellent side benefit of the repeat customer is that they
create free word of mouth!
Bottom
Line: Selling skills can be learned and should be fined tuned as much as possible. The
more fine tuned your selling skills are the better your business sales will
become. You will be able to decipher the buyers from the time wasters.
Good
salespeople realize that business sales are much like a matching game. A product
or service is matched to the buyer based on her needs, wants and desires.
Sometimes you just have to explain and show how the match will work for your buyer.
If
you remember that everyone must win, you will find that your home based business
sales will soar. Business sales will be fun to do and you will have a more
relaxed and happy attitude toward yourself and others. Your selling skills will
put you miles ahead of your competition and you will realize that these selling
skills can also be applied in your personal life as well. Good luck and happy
selling!
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