The Three Driving Principles for Selling in a Recession


There are three driving pri­nciples that should guide the salesperson's behaviou­r in a recession. Thes­e attitudes and beliefs shoul­d be applied thr­oughout the sales process to build credibility and trust with customers, and make a positive impact on resu­lts.

1. Be a true business consultant for your customer. Talk business strategy wit­h your customers. Show­ how your offering advances their strategy. Crea­te solut­ions that solve your cust­omers_ problem­s. Customers expect solutions that­ support and drive their central business strategies. Talk results with customers. Show how your offering can positively affect cu­stomers_ key performance metrics. Identify the appropriate metrics and create a compelling case for your solution. Be innovative. Increase credibility as a ­trusted advisor by bringing to the table innovative, highly differentiated solutions that respond to customers_ unique business challenges. Customers value new ideas and insights from ­your experience with­ issues li­ke theirs.

2. Do you­r homework. Know more, be more connected than your cust­omer and turn that knowledge into value. Mo­re than ever before, customers want insight. Salespeople must invest ti­me and energy in researching their customers_ own customers, markets, competitors, employees, and challenges. Go beyond asking good questions about the customer's situation. In a recession, when competition is at its fiercest, salespeople need ­to know much more before the call, so they can prepare insights to share with the customer durin­g the call insights that turn into meaningful actions after the call. Before getting in front of the customer, salespeople must know the answers to questions (or at least have formed opinions) about the customer's vision, own customers, competitors, strengths, and weaknesses. So much i­nformation is available in the public domain that asking the customer to explain it to you is a waste of his or her time.

3. Focus on results and relationship. In the­se tough economic times your customer is focused on ­results. You In addition, your organization is fo­cused on results. It is important to enhan­ce both the customer relationship and results. Beating your customer in ­the short term may provide short-term results,­ but it is destructive in the client retention and growth game. Losing to­ your customer is one of the quickest ways to get sales management's atten­tion. Those that balance beating and losing do so by persisting in seeking a solution that involves their customer in a search for innovative answ­ers to tou­gh questions, conv­erting opposition to mutual understanding, and in extremely tough situations asserting their own needs and encouraging the customer to do the same.

Author: Chris Dalzell

About the author:
A Sales & Marketing Trainer & Coach for over 20 years running a successful training & consultancy company the People Development Partnership www.peopledevelopmentpartnership.co.uk built a reputation for being passionate about developing people and building successful businesses.In January 2009 Chris set up SOS-Save Our Sales.

Article source: Free Sales Articles.


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