You’ve scheduled your first meeting with a new prospective customer!
You’re hoping for “beginner’s luck,” eager to make a stellar first
impression—but what’s the best way to make that happen? Do you jump
right into questioning if your prospect knows little, if anything,
about you? How do you provide background on your company without
falling into the sales pitch trap? You want to quickly set the stage
and build credibility, otherwise your prospect may ask herself, “Why am
I wasting my time with you, loser?”
It’s tempting to try warming up with small talk about the weather
or an interesting item in your prospect’s office—but that can backfire
if you’re not careful. I knew a salesman who discovered in advance that
his prospect liked the game of cricket. He studied the sport so
closely, he was able to engage his prospect in a lively 45-minute
conversation—only to find that, after their cricket chat, the prospect
had no time for talking business because he had to dash off to a
crucial meeting!
Then there was another salesman who couldn’t help noticing a large
teak turtle statue in his prospect’s office, and thought it would make
a great launch pad for warm-up questions. After asking about the teak
turtle’s origins and workmanship, he asked, “So what made you decide to
put this handsome creature in your office?”
The prospect smirked. “Oh, I just use it to bait stupid salespeople like you who waste my time with lame questions.”
Ouch!
Sure, you’d like
to be able to build a relationship with a customer before you start
pitching your products and services. Talking about hobbies and office
knick-knacks is a nice start, but you can only milk that so far. The
bottom line for prospects is: how will you eliminate my business
headaches and help me profit? The trouble is, the big businesspeople
you want to cultivate are too overwhelmingly busy to take the time to
build relationships first. They don't have time to chitchat about
cricket, teak turtles, or charming family photos on their desks. Keep
in mind, too, that you can’t hurry trust. Positive business
relationships don’t just happen at your convenience, they have to
develop over time.
So keep your warm-up questions focused
and relevant; use them to give prospects a taste of how valuable you
and your services are, in as short a time frame as possible. Nothing
builds rapport with decision-makers like showing them you can help them
save money and grow their business because you truly understand where
they’re coming from.
GOOD PREPARATION = GOOD WARM-UP QUESTIONS
Trite questions roll trippingly off the tongue, but they also trip
you up by inspiring trite responses, especially when customers are
short on time. These people are guarded because they don’t know you,
therefore they don’t know how far to trust you. How do you cultivate
their trust? How can you tell when people want to do business with you,
or if they’re just trying to pick your brain for free?
Segue into the aspects of business that matter to your customer, and
you’ll find out what her most pressing concerns really are. The key is
to formulate questions that reach the heart of the matter with surgical
precision, while still being subtle enough not to intimidate your
customer. Bring up market trends your client’s company is experiencing.
Point out an article your customer would find relevant in a trade or
business publication such as JAMA, The Wall Street Journal, or U.S. News & World Report. You can even say you came across the piece in your research for this meeting.
Let’s say you sell recruitment solutions, and you want to initiate a
dialogue with Janet, your contact in your target company’s Human
Resources department. You stop by Janet’s office and, after brief
pleasantries, you lead in with, “Hey, Janet, the reason why I’m here
today is, while prepping for today’s meeting, I came a recent article
in HR News. It talks about the cost of losing a
high-performance sales rep—as much as 20 times their salary. Did you
happen to see that article?...A client I visited last week calculated
the cost of losing their best sales rep to be as much as $500,000. What
have you been experiencing in your market regarding retention
strategies for hiring and keeping strong sales performers?” Feel free
to condense. You can subtly touch hot buttons with safe questions
touching on more controversial topics: “I read an article in the Wall
Street Journal about compounded annual growth…How has this affected
your firm?”
Do your homework well before the meeting. Search engines such as
Google, Yahoo!, or MSN are good places to start gathering personal and
business profiles on your prospect. Online business directories such as
Hoover’s, Dun & Bradstreet, The Leadership Library, Reference USA,
CorpTech, Datamonitor, Mergent, and Plunkett Research will help you
understand the company’s ranking in its industry, its financial
strength, its executives and their backgrounds, industry trends,
competitors, and customer base. The more details you’re able to
compile, the more personalized your questions will be.
GET THE BALL ROLLING
Once the meeting begins, these two basic steps will help you
transition easily to the questioning stage and get your prospect
talking:
1. Introductions and pleasantries.
2. The purpose of your meeting.
Step Two is when you give your sixty-second (or less) sound bite.
Some call it the “elevator speech” because, as with an elevator ride,
you have a fleeting window of opportunity to catch a prospect’s
attention before she decides whether or not she wants to continue this
discussion. But there’s so much info you want to convey—how do you
condense it all into a sixty-second commercial that’ll leave your
prospect eager to hear more? Since customers have so little time to
spare, we must maximize our limited selling time with to-the-point
questions leading gracefully into the issues.
After you briefly exchange pleasantries, make your transition with a
remark such as, “Before we get started, would it be helpful if I spend
sixty seconds on exactly who we are and what we do?” Spend eight
seconds explaining briefly what your company does, or highlight a
specialty that’ll grab your prospect’s attention. Then introduce a
recent client success story. Everybody relates to stories; they connect
with a prospect’s emotions. Just make sure the story is SSRR:
- Short.
- Specific.
- Relevant.
- Results-oriented.
Keep it succinct and to the point. A great sound bite speaks results
in terms of dollars, percentages, or numbers. It should also strike an
emotional chord, illustrating how to overcome adversity and/or achieve
greater success. Studies show that 98% of prospects want one or the
other.
THREE WARM-UP SUGGESTIONS FOR THE FIRST MEETING
1. Ease into the conversation with warm-up questions.
Asking about problems right off the bat is risky unless your prospect
has volunteered the info beforehand. But the overused approaches we’ve
discussed only waste her time and yours; you can hear her foot tapping
impatiently before you’re done saying, “Looks like sweater weather.”
The best warm-up questions are open-ended, broad in scope, and focused
on getting your prospect talking about herself—questions such as:
- “How long have you been with
this organization? How has your job (or responsibilities) evolved since
you started with the company?”
- “What would you say you like most about your work?” “Least?”
- “If
your employees (team, co-workers, boss, etc.) were to describe this
organization in five words or less, what words would come to mind?”
(Listen to the words given, then respond, “The word ____ is a good one;
could you elaborate on that?”)
- “What would your best customers say are the reasons they enjoy doing business with you?”
Based on your prospect’s responses to
warm-up questions, you’ll quickly discover plenty about her interests,
personality, beliefs, how she feels about where she works, and the
company’s culture.
2. Write down the information your prospective client gives you.
Capture any and all critical info before it evaporates from your brain.
For example, listen for certain key words and the emotions behind them:
- “We’re having difficulty with…”
- “We’re trying to…”
- “We’re unsure of…”
After you jot down those words, it’s much easier to go back and get your prospect to elaborate.
3. Remove any assumptions you have about your prospect and her problems.
Jeff, a rep who sold high-tech equipment in a complex selling
environment, had been on the job only six months when he closed the
biggest deal in his company’s history. Asked about his secret to
success, Jeff admitted that he hardly understood the product. So how
did he control the sales process? By asking lots of questions!
“Beginner’s luck,” you say? More likely, Jeff’s fresh perspective and
lack of assumptions about his client, her problems, and the product
actually worked in his favor. His curiosity compelled him to ask
questions that experienced salespeople would have skipped because they
assumed they already knew the answers.
Once you’ve finished your sound bite, it’s imperative not
to give in to your urge to sell! Ironically, if you seem anxious to
sell, your prospect will pick up on that and get defensive. Desperation
is unattractive in business as well as life. You don’t want to sound
like every other salesperson trying to shove a solution down the
customer’s throat. You’ll be more successful at establishing a
relationship if you shift the focus onto your customer and keep it on
her, not you.
Salespeople have strong egos—that’s what helps them survive the
rigors of such a demanding profession. Keep in mind, though, that
customers have strong egos, too, and they want to talk as much as you
do! Use well-chosen warm-up questions to get your customers talking,
and you’ll learn the best way to meet their needs. That way, it will be
the first of many meetings and the start of a great business
partnership.