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E833 AndyArtz SocialCapital: think about funnel like investor/WhitneySales Acceleprise sales process

48.3K views
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June 29, 2018
by
This Week in Startups
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E833 AndyArtz SocialCapital: think about funnel like investor/WhitneySales Acceleprise sales process

TL;DR

Learn the key elements of a successful sales conversation, including establishing context, introducing the agenda, sharing founder stories, asking qualifying questions, and discussing ROI, to effectively sell your product or service.

Transcript

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Key Insights

  • 💄 Establishing rapport and making the conversation relatable and engaging is crucial in sales conversations.
  • 😒 Founder stories and use cases help demonstrate the applicability and value of your product or service to potential customers.
  • 👋 Qualifying questions help determine if the customer is a good fit and value-based responses address objections and provide context.
  • 🥐 Discussing ROI with customers helps them understand the potential return on their investment and can justify the purchase decision.

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Questions & Answers

Q: How can I make my sales conversations more engaging and build rapport with the customer?

Begin with laughter and icebreakers to make the conversation more human and establish a connection. Share personal anecdotes or funny stories to create a relaxed atmosphere and build rapport with the customer.

Q: How can I overcome objections or hesitations from customers during the sales conversation?

Use value-based responses to empathize with the customer's concerns and address them directly. Frame the problem in a way that shows how your product or service can provide a solution and highlight examples or use cases from existing customers to provide context and build trust.

Q: How can I calculate and demonstrate the ROI of my product or service to potential customers?

Identify the key performance indicators (KPIs) that are relevant to your customer's business and help them calculate their potential ROI. Show them the value and impact your product or service can have on their business through case studies or real-life examples. Help them understand how the investment can lead to a significant return.

Summary & Key Takeaways

  • Sales conversations should start with establishing context, introducing the agenda, and making the customer comfortable through laughter and icebreakers.

  • Founder stories and use cases should be used to pitch the product or service and demonstrate its applicability and value to the customer.

  • Qualifying questions should be asked to determine if the customer is a good fit, and value-based responses should be provided to address objections and provide context.

  • ROI should be discussed to show the customer the potential return on their investment.

  • The conversation should end with next steps and homework for both parties to move the sales process forward.


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