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Cover of 'How to master the art of selling'

How to master the art of selling

Tom Hopkins

The ultimate guide to selling and salesmanship

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Description

Sales Champions are influential, enthusiastic, persistent, and well-connected. They believe in your product, overcome obstacles, and facilitate meetings with decision makers to drive deals. Identifying true Champions means spotting key traits like listening skills, likability, discipline, expertise, positivity, and resilience.

The most critical Champion quality is discipline - staying focused to follow through completely. Invest time and effort into yourself to expand knowledge, skills, and mental outlook needed to achieve exceptional sales results.

Table of contents

01

Section A - selling profession

Sales career advantages

A career in sales offers many advantages. You have the freedom to be resourceful and creative, which are highly demanded and rewarded. Rather than having an income ceiling set by others, you decide how successful you want to be. Sales provides a daily challenge that is invigorating and stimulating if you have the right attitude. You also have huge leverage - your return on time and capital invested is much better than in a capital intensive business. You can make your work great fun, a real adventure. You gain a large amount of satisfaction with each challenge overcome and sale made. A sales career stimulates personal growth. To earn more, you must learn more. The choice is yours alone - you can make a sales career either highly paid hard work or lowly paid easy work depending on the effort you put in. The exciting thing is that no one else decides this but you.

Superior learning system

Superior learning ability leads to superior performance, which in turn makes high earnings easier to achieve. The key characteristics of an effective learning system are: being genuinely interested in the subject matter, which helps with retaining details; repeating the material frequently in different ways like writing, reading aloud, and role-playing, which cements it into your mind; using your new skills and knowledge regularly so they become second nature rather than fading with disuse; personalizing the concepts so they mesh with your existing personality and talents, lending them extra power; and periodically reviewing even basic material to keep your knowledge fresh, much like athletes return to training camp every year to sharpen their fundamentals. If you structure your learning to leverage impact, repetition, utilization, internalization and ongoing reinforcement, you will gain superior mastery of the material. This makes superior performance easier, which then unlocks superior earnings potential.

Sources of sales success

To be a sales champion rather than an order taker, consider qualities that lead to sensational sales success. A commanding appearance makes a memorable first impression. Champions take honest pride in their work enjoying interactions while assisting clients. Confidence radiates in the product, clients, and their own ability to help. By qualifying prospects, champions build warmth knowing the product will benefit that person. Self-assurance stems from within, never overwhelmed as they believe in themselves. Getting rich by serving those who benefit comes through association. Burning ambition powers achievement. Confidence arises from overcoming fear and obstacles. Enthusiasm is self-generating, detached from daily ups and downs. Personal involvement with clients comes through. Rejection is not taken personally, often bouncing off painlessly. Continuing education allows greater service to clients over time. The right qualities separate the true sales champions from the order takers.

Champion creed and rejection attitudes

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02

Section B - sales process

Finding prospects

The key to sales success is vigorously and systematically finding potential customers to sell to. Consider company-provided leads as a bonus, but rely primarily on your own prospecting efforts to generate leads. Track key ratios like calls made to appointments set or hours worked to money earned. This helps identify where to focus more effort, whether on initial outreach, closing rates, or expanding your prospect pool after improving closing percentages. Make prospecting calls a daily habit, aiming to end each day on a positive note with a successful call after any rejections. After each sale, strive to add two new quality prospects. Referrals are especially valuable since people tend to trust recommendations from those they know. Have a system to immediately record referral information during the sales process. Then set up appointments or use their name when contacting referrals. Overall, work to qualify prospects beforehand based on factors like job, marital status, or existing products to ensure readiness and interest. Making first contact

When meeting people for the first time, you only have one chance to make a good first impression. Your goal should be to put them at ease so they feel comfortable enough to consider your product despite any hesitations. The first principle guiding your actions is to get them to relax and build trust. Steps to follow include: smile warmly, look them in the eye, and greet them in a friendly manner. Let them browse comfortably, then reapproach and repeat their name to remember it correctly. Ask them questions that allow them to picture enjoying what you offer. If you remove their initial fears and apprehension, their interest in your offering can take over and drive their purchasing decision. Following these tips will lead to more positive first meetings and improved chances of making sales.

Qualifying prospects

Qualification refers to researching the needs and desires of potential customers. It is key to high sales. Without this step, precious time will be wasted pitching to the wrong people. Qualification means only working hard with those who will most benefit from your product. It does not matter what you sell. The key is determining what they want to own. Telling customers information will make them doubtful. Asking the right questions and getting the right answers will make them believe it since they are expressing it themselves. Qualified buyers take the same time as unqualified buyers, yet qualified buyers are over 500% more productive - you’ll close 1 out of 2 qualified buyers versus 1 out of 10 ordinary people. The qualification steps are: learn what they currently have to understand their decision making; learn what they like most about their current product to either make the sale or refer them; learn what they want improved to shape your presentation; learn who else decides to have all decision makers present; ask if they can proceed if you have the right product to gauge closing readiness; offer triplicates of product choice to find the ideal fit; offer triplicates of pricing to determine their budget.

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