Your Elevator Speech Creates Opportunities!

Elevator

I think you know that I think you should “always be prepared”!  The ability to cogently tell someone who you are, who you represent, and what you and your organization does best could make the difference between being successful or being another peddler.  Read about it!

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Whether your encounter is face-to-face or you are on the phone “dialing for dollars” you know that you only have a moment to get across a cogent well-timed message to supplement your original sales intro that spurs the buyer to consider you, and your company.

Your ability to include the right elements, coupled with the strength of your delivery may get you that appointment that you desire.  Remember, when cold calling, or phone prospecting the “end game” is to get in front of the customer, and this is the tool that you will use to show your understanding of the following elements:

  • Your understanding of the customer’s needs – Why would they consider and buy?
  • The important features of your product – What makes it desirable?
  • The key considerations of your company – Why is ABC company a leader or an upstart?

Yes, this can be done in one brief passage, and you had better be good at it as attention spans and time constraints require it to be short and on point.  I business this is called an elevator pitch as the time that it takes to go from the 1st to the 7th floor might be all you have get the point across, and ask for the appointment.

The good part is that you can and should practice it over and over until you feel that it is natural and ready for delivery.

Key Points

The above bullets indicate the elements that you are going to convey.  Your objective is to leave someone with a short, almost precise, indication of who you are, what your organization is known for, and why he or she should interact with you.

Here is an example:

Set Up - You are selling widgets in a large metropolitan area.  Your company is one of the largest widget manufacturers and distributors in the northeast.  It is a proven performer, a Fortune 1,000 company with a “state of the art” research and development facility and clever innovation.  Your ability to fill large orders quickly is a big plus.

You are at the airport, preparing to board a flight from Hartford, Connecticut to Dallas, Texas and your winning personality comes through when you have a discussion with a businessman who needs…you guessed it, widgets!

Businessman – Exclaims with exasperation “Our supplier for widgets has basically advised they cannot keep up with our growth and demand.  They are top-flight widgets, yet as a result of our tolerances we are going to have to consider having two suppliers.”

Sales Professional – Sees the opportunity and says, “I certainly understand that situation.  I am in the widget business, and we have been successful in sourcing high quality widgets to our customers with the highest tolerances and in high volumes, with short lead times.  Your widgets are probably the most important component of your product.”

As the sales professional hands the businessman a card he says“I work for ABC Widgets out of Hartford.  You might be aware that we are the largest, most technologically advanced widget manufacturer in the country according to Manufacturer’s Digest.  Our ability to meet tight tolerances, large orders, and ‘just-in-time’ requests ranks with the best of any widget manufacturers.  Also, since we manufacture and wholesale for other widget producers, we know that we can supply all of your needs. We will do everything possible to keep you from having multiple suppliers.  Give me your card and I will touch base with you Thursday?”

Businessman – “What a coincidence! Here is my card.  Make it Friday when I return and I will look forward to it.”

In this vignette the sale professional seized on the opportunity by describing who ABC Widgets is, and then using a known proof source to get credibility (Manufactures Digest).  He then states that what they are known for, tight tolerances, large orders, and responsiveness.  He was in the right place at the right time, yet while boarding, he had a few seconds, and a ready and effective pitch.

What does it mean for you?

If you are a Black sales professional your pitch should be well rehearsed, delivered with aplomb, and focused on the strength of your company or organization.

When you get deeper into the solicitation process and are delivering solutions, you can begin to stress the assets that you bring.  If all goes well, you will get that chance.

By the way, you may need more than one elevator pitch for different types of industries or products.  Yes, this example may seem oversimplified, yet it you will see the worth of having this prepared discussion many times over in your sales career.

Practice it and make it work for you.

Your comments are welcome.

Must Have Sales Skills II – The Secrets Of the Best!

A week ago we discussed several skills that you’ve got to have, or acquire in order to be the best in your organization, or in sales in general (Black Sales Journal – Must Have Sales Skills – Don’t Be Without Them Part I).

You can make it without some of them, but to be the consummate sales professional, you need appropriate amounts of each of them.  These skills don’t come easy, but they are ultra-important.

Must Have Sales Skills Part I

We already covered the following skills in Part I as was mentioned above (Black Sales Journal 7/9, Must Have Sales Skills – Don’t Be Without Them Part I):

  • Interviewing Skills
  • Responsiveness
  • Communications
  • Networking Skills
  • Relationship Development/Building Skills (Deep Enduring Relationships)

You need these, but you also need a few more.  We will concentrate on the ‘vital’ ones.

Must Have Skills Part II

The first group of skills was important, and this group is just as important.  Put the two together, and you have a skill set which is admirable.  Put these skills together with the attributes that were discussed in the post, Black Sales Journal 7/5 Customer Facing Attributes You Can’t be Without, and you are building a professional sales persona that has longevity and serious income potential.

  • Durable Sales Skills
  • Strong Organizational Skills
  • Presentation skills
  • Negotiation Skills

Durable Sales Skills – Too many take these for granted as they think they are easily attainable.  Fact is that every sales professional should have some real sales training.  Whether their company sponsors it, or the sales professional looks for it on their own. Many black sales professionals that I have spoken to avoid the sales training if it not supplied to them automatically as they question their longevity in this profession.  Recognize that they are not natural, and these sales skills are learned…yes learned.  Skills such as probing, supporting, providing proof sources, and closing to mention a few, are attainable or can be strengthened.

Strong Organizational Skills – I know sales professionals who are ultra organized, and know some with literally no organizational skills.  A quick word to the wise, the more organized you are, the less work you will have to redo.  With this in mind, the easier your life will be.  I fell in the middle of that spectrum, and had to eventually learn to be better organized.  I watched sales professionals who had a ‘handle’ on everything to such a degree including strong expense management, enviable prospect management and prospect follow-up.  They had it all together.  You need this skill if you don’t already have it.

Clean and Confident Presentation Skills – This is very doable with practice.  Giving a presentation to a customer or a group of recipients is an art that deserves practice, and everyone can tell when you are on top of your game.  An ability to read your audience and know when your point gets across or is a hopeless endeavor is important.  Skip the ‘uhs and the ‘you knows’ and deliver a flawless presentation that others will recognize as professional.  Presentation skills are important as you can see in the sales of any product.  When you are confident, you win (BSJ 5/31/2012 The Confidence Game, Why You Have to Win It!)

Advanced Negotiation Skills – When you attempt to bring in the ‘big fish’ there is seldom an easy catch.  Every customer recognizes that when large dollars are involved there is no better use of a buyer’s time than negotiating a price or a fee downward, or attempting to get more services for the dollar.  In each one of these cases the person who touches the customer, the sales professional, is the one that normally has the responsibility to respond to the request.  Knowing how to ‘bracket’ an offer, and how to recognize the gambits that buyers and representatives have to come out with the best outcomes is important.  Additionally, knowing when to respond and when not to are important as is indicated by the post, BSJ 1/12/2012 When Negotiating, Silence is Your Secret Weapon.

There Are Other Skills!

Of course there are other skills, but those shown in Part I and Part II are at the top of the heap.  Black sales professionals who have these skill sets will be outfitted to be premier performers.  Couple these with the attributes mentioned above (Black Sales Journal 7/5 Customer Facing Attributes You Can’t be Without) and you have the requirements for success.  Add to this the desire, mental toughness, and persistence and you will have a professional in the making.

Work at it, and always be the best!

Your comments are welcomed.