C-Level Selling and Advanced Selling Skills
C-Level Sell to Develop Large Accounts
Large accounts are cash cows for any
business. We all wish we had more. We all go crazy if we lose
one. However, large accounts require the most powerful selling
skills –getting-to and selling profit center leaders and their
staffs.
Two points of clarification:
1.
Selling the C- level means working with
these top-level, influential people so that they see you and /or
your company helping them attain their financial goals. This is
not about monetary purchases.
2.
Profit center leader is the person in
charge of profits and losses for the section of the company your
selling. It can be a general manager of a division, or a CEO for
a small to midsize company. It can even be a product line
manager. However, the person must have profit and loss
responsibility.
It’s not a CFO, engineering manager or purchasing manager.
A large account is not only a place for you
to make lots of sales, it is the place where you're considered
preferred. Preferred status carries with it, all types of
financial advantages -- faster sales, better pricing,
competitive advantage, no bidding, and more. To attain this
preferred status, you and your company must be perceived as
delivering beneficial results to the profit center leader and
his or her senior staff.
Now if your sale delivers beneficial results,
but the senior staff doesn't know that you and your company
worked hard to produce those results, you'll get no credit for
it and never be considered preferred. Either the employee will
take the credit or you'll be considered one-of-the-bunch of
goods suppliers.
Good work without recognition from the
C-levels or profit center leader is like a tree falling in the
forest, when no one's around. The occurrence makes a sound, but
there's no one to hear it. Now, you may think your
product/service is highly technical or possibly insignificant so
that the top people don't get involved, but you'd be wrong. You
might also think that the information is passed up to the top
via your main low-level contact, but you’d also be wrong. Either
they take the credit or it’s your fault.
Consider how fast you’re called to the top when your
product/service doesn't deliver the results or fails or is late.
Therefore top people, no matter your product
or service, have to see you and your company as the reason for
the good results. This is a task that you or someone from your
company must gets done. Once this happens, you will now have the
opportunity to communicate further to establish this company as
an account with more sales opportunities.
You can not be considered preferred and
without communications with the leaders. If the general manager
says, "I like ABC company. See what they have to say about this
project." You can make book, ABC company will be consulted, and
probably get the job. Conversely, if a purchasing agent,
engineer or operations supervisor says, "I like ABC company for
this project," the final deciding authority will say something
like, "All these guys are alike. Get us the best deal." This
being said, the low-level person interrupts "best deal" as low
price. Then you're off to a bidding contest.
For the profit center leader and his staff to
say s/he likes your company, requires C- level selling. It is
networking and getting past gatekeepers.
Once in front of the leaders it is being able to
communicate with C-levels so they talk freely about their issues
and concerns that you can help them with. This being
accomplished, you then have to present and discuss you can
deliver solutions to those issues and concerns better than any
alternatives. It requires credibility, good listening skills and
relationship capabilities.
This is the foundation for building your
account plan – the working tool that will ensure continuing
sales and your preferred status.
So many salespeople and companies try to build account
plans based on information from low-level contacts. This is
crazy. It's like a realtor or car salesperson getting
information from your kids on what kind of house or car, you
need to buy. Alternatively, many companies build account plans
in their own offices without inputs or consulting very little
with the buying company.
This is plain stupid.
It’s like saying we will sell $X to this company no
matter what they want.
So developing a large account requires C-
level selling. It's more than making sales. It’s more than
keeping the low levels happy.
Bond yourself at the top and you'll be solidly rooted to
keep this account producing profitable sales for you while you
keep your competition away. To do this learn how to get-to and
sell the leaders. You must cement yourself into the areas of
power. Otherwise your competition, who's constantly pecking
away, will show up on the day you're having problems and steal
your sales away.
And now I invite you to learn more.
Bonus Tip:
Free Book - Complete
Guide to C-Level Selling, “TAKE ME TO YOUR LEADER$” hardback
version.
Network, get past
gatekeepers, interact with executives, and secure more orders
than you ever thought possible.
Click this
C-Level Selling Link
to learn more about this fantastic offer.
Sam Manfer delivers
key note speeches
and in-depth
selling work shops
for those
anxious to increase sales. His hands-on coaching turns
individuals and sales organizations into selling whirlwinds.
Sam’s selling awards and $ Million sales recognitions support his
methods. His book,
TAKE ME
TO YOUR LEADER$ along with his
Matching
Chemistry’s
CD and sales seminars replace selling myths and clichés that
frustrate decision makers with a proven approach that captures
their attention. Follow
Sam’s
C-Level Selling Blog
for more insights.
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