How a Tiny Start Up Outsold the Big Boys 50:1

I once had a product in my portfolio that was light years ahead of its time.

The price point was perfect, it ticked every target-market box – it went from zero to one million units in its first year!

On top of that we were huge, every resource that we needed to call on as a sales team was right there on site.

The competition were tiny, we didn’t even consider them to be a threat.

Two years later that comparative competitor product, from what seemed like an insignificant source (but with me now on their team – I’m not daft) – had outsold the original by tens of millions of units

So how did this minnow sink the battleship?

1. They knew the problem they were fixing.

We talked about us, they talked about the customer.

We did Power Point presentations on “the product”, while they uncovered needs and presented benefits.

They took away pain and delivered a profitable win-win solution, we had boxes to shift.

2. They knew the market place

Although our boffins had created a product that worked perfectly and was exactly what the market was crying out for; we moved in an existing sales team – which specialised in a completely different sector – to sell it into the target areas.

The competition had been working this neck of the woods – and only this neck of the woods – since they started trading; they were supplying places that weren’t even on our map.

3. They knew the top, top, top guys who made all the decisions

To the point that they were invited to christenings and weddings – we would wait for weeks to get an appointment, while they had tests running nationwide.

4. They knew the people at ground level too

The sales team were already on first name terms with the guys at the coalface – and these people loved them.

They set up incentives – stuff that coalface guys love to receive, everyone walked away with something – they controlled a whole second level of sales that we had no way of tapping into.

5. Their team WERE the target market

Their team didn’t just understand the target market, they were the target market!

I was in my late twenties and the youngest person in my sales team – we were sending “older” gentlemen with the trilby dress sense of yesteryear, into cutting edge environments where they stood out like a sore thumb.

Their team were young, hungry and receiving focused training from others who understood the field.

On top of that, they really wanted to be there, it was like an extension of their social lives.

Our chaps had boxes to shift and a mortgage to pay.

There were simple solutions and defence strategies that could have combated all of the above – arrogance and a blinker mentality stopped us from implementing them.

Question is;

Do you know where your blind side is?

Are your team getting to the real root of your customer’s problem?

And most of all – are your team going in to SELL or HELP?

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UK Workshops

LONDON       MANCHESTER       GLASGOW

(click on preferred city for full details)

This one-day workshop was designed to provide delegates with a comprehensive introduction to the Selling with EASE process and to show how a thorough understanding of the four major steps – Earn the Right, Ask the Appropriate Questions, Solve the Problem and Execute the Solution – can help them to succeed in all genuine sales situations.

This interactive workshop is perfect for any salespeople who need to hit the ground running or anyone requiring a comprehensive sales “refresher”

In short – If your job remit requires you to convert sales meetings into profitable business relationships – then this workshop is the one for you.

At the end of this workshop delegates will be able to:

  • Explain why customers make the buying decisions and how they choose suppliers
  • Understand why your current pitch isn’t the solution to your prospects problem
  • Explain why setting yourself two different outcome targets to each call can lead to success every time
  • Demonstrate a high level of consultative questioning techniques
  • Use real life examples and case studies to sell concepts and solutions
  • Effectively overcome all genuine objections
  • Understand – and execute – the process of closing every sale opportunity

Interested in finding out more?

LONDON       MANCHESTER       GLASGOW

(click on preferred city name for full details)