The ONLY Sales Strategy You Need to Know

Sales Insights Lab
8 Aug 201817:59

Summary

TLDRThe video script outlines a strategic approach to sales known as Game Plan Selling DSP, emphasizing three key components: distinction, systematic selling, and a prospecting playbook. The presenter advocates for a distinct sales approach that stands out from competitors by breaking typical sales patterns, such as avoiding standard greetings and instead using personalized and engaging language. Systematic selling involves a repeatable and proven process that includes connecting deeply with prospects, disqualifying unsuitable leads, and utilizing a constant feedback presentation to maintain a dialogue. Lastly, the prospecting playbook focuses on setting a specific number of discovery appointments as the primary metric for success, and suggests that asking for introductions from existing clients is the most effective way to generate new meetings. The presenter encourages viewers to engage with the content and offers a free eBook for further guidance.

Takeaways

  • πŸ“ˆ **Data-Driven Approach**: The speaker emphasizes the importance of following data and results rather than relying solely on the advice of sales 'gurus' to determine effective sales strategies.
  • 🎯 **Game Plan Selling DSP**: The ideal sales strategy is outlined as the Game Plan Selling DSP, which focuses on being distinct, systematic, and having a prospecting playbook.
  • πŸ” **Being Distinct**: To stand out from the competition, one must be the opposite of typical salespeople, using pattern interrupts to break away from standard sales approaches.
  • πŸ“ž **Effective Opening**: Using a different opening, such as 'How've you been?' instead of 'How are you doing today?', can increase the likelihood of scheduling a meeting significantly.
  • 🀝 **Building Genuine Connections**: Connecting with prospects on a deeper level by mirroring their communication style and approach can lead to more effective sales interactions.
  • ❌ **Disqualification Mindset**: Instead of persuading every prospect, the strategy involves disqualifying those who are not a good fit, which can make the salesperson seem less desperate and more selective.
  • πŸ” **Constant Feedback Presentation**: A systematic approach to presenting involves giving a little information and then seeking immediate feedback, creating a dialogue rather than a monologue.
  • πŸ“… **Prospecting Playbook**: Having a consistent set of prospecting activities is crucial for maintaining a steady flow of new business opportunities.
  • πŸ“ˆ **Tracking Discovery Appointments**: The key metric for sales success is the number of initial meetings or discovery appointments set each week, which should be the primary focus for salespeople.
  • πŸ’‘ **Leveraging Introductions**: The most effective prospecting activity is asking for introductions from existing clients or contacts, which can lead to exponential business growth.
  • πŸ“š **Educational Resources**: The speaker provides additional resources, such as a free eBook, for those interested in further improving their sales strategies and goals.

Q & A

  • What is the ideal sales strategy mentioned in the video?

    -The ideal sales strategy mentioned is Game Plan Selling DSP, which stands for Distinct, Systematic, and Prospecting Playbook.

  • What does 'Distinct' mean in the context of sales strategy?

    -Being 'Distinct' means to be perceived as different from the competition and unlike anyone else, by breaking typical sales patterns and standing out from other salespeople.

  • How does being systematic contribute to the sales strategy?

    -Being systematic involves having a repeatable, effective, and proven approach to selling that ensures consistency and predictability in the sales process.

  • What is a prospecting playbook and why is it important?

    -A prospecting playbook is a list or set of prospecting activities that are followed regularly to help achieve sales goals. It's important because it provides a consistent and structured approach to finding new business opportunities.

  • What is a pattern interrupt and how does it help in sales?

    -A pattern interrupt is a technique to break the typical patterns that both salespeople and prospects fall into during sales interactions. It helps by making the sales approach unique and unexpected, which can pique the prospect's interest.

  • How does the speaker suggest starting a sales call differently?

    -The speaker suggests starting a sales call with 'Hey [Name], [Your Name] calling. How've you been?' This approach is said to increase the likelihood of scheduling a meeting by six and a half times compared to traditional greetings.

  • What is the significance of asking for introductions instead of referrals?

    -Asking for introductions is more effective because it's a genuine request that leverages the trust and relationship with existing clients or contacts. It's less guarded and more personal than asking for referrals, which can sometimes be seen as pushy or transactional.

  • How does the speaker suggest responding when a prospect asks 'Why should I do business with you?'

    -The speaker suggests responding with uncertainty and a willingness to ask questions first, such as 'You know what, [Name]? I really appreciate your asking me that question, and quite frankly, at this point in the conversation, I'm not sure that you should. Would it be okay if I ask some questions to find out what's really going on and then I could tell you if I think that we're a better fit.'

  • What is the key metric that salespeople should focus on according to the video?

    -The key metric that salespeople should focus on is the number of discovery appointments or initial meetings with new prospects. This metric is critical as it directly correlates with achieving sales goals.

  • What is the importance of mirroring the prospect's behavior during a sales interaction?

    -Mirroring the prospect's behavior helps to establish a connection on a deeper level by making the prospect feel less guarded. It involves subtly matching the prospect's tone, pace, and energy to build rapport and trust.

  • How does the speaker define a 'constant feedback presentation'?

    -A 'constant feedback presentation' is a method of presenting where the salesperson shares a bit of information and then immediately seeks feedback from the prospect. It involves asking questions like 'Does that make sense?' or 'How does that sound?' to keep the conversation interactive and ensure the prospect's engagement.

  • Why is it beneficial to disqualify prospects that aren't a good fit?

    -Disqualifying prospects that aren't a good fit helps the salesperson to focus on high-quality leads that are more likely to convert. It also positions the salesperson as selective and less desperate for any business, which can increase their perceived value and credibility.

Outlines

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Mindmap

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Keywords

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Highlights

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Transcripts

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Related Tags
Sales StrategyGame Plan SellingDistinctive SellingSystematic ApproachProspecting PlaybookSales GoalsPattern InterruptSales EffectivenessClient IntroductionsSales MetricsSales TechniquesBusiness Growth