By Jeff Beals
Sales professionals searching for insight into prospective clients would be wise to think of themselves as detectives. The more research you do on a client the faster you speed up the sales cycle and the more likely you are to increase transaction size.
As you do your detective work, it eventually becomes clear who the real decision maker is and who the primary and secondary influencers are.
More than anything, it is important to determine the true decision maker, the person who has veto power and whose signature seals the deal. But almost important is determining who the key influencers are.
No matter how independent and self-confident a decision-maker may be, that person usually has valued and trusted advisers whispering in his or her ear. We need to know who those influencers are and get to them as early in the process as possible.
Some sales detectives prefer the direct approach and ask questions such as:
“Who is the most influential person helping you make this decision?”
“Whose advice and counsel will be most valuable to you as you make your decision?”
Other sales pros are more subtle, but once you identify the key influencers, you need to build a trusting relationship with them too.
Sometimes a prospect will be vague and non-committal when asked to name influencers. A mid-level person might not want to give up control or admit that he or she lacks decision-making power. Such a person could also be protecting c-suite executives from interruptions.
Some prospects worry that disclosing influencer names will cause the sales process to grow deeper before they are ready. When you’re having trouble drawing information out of a prospect, be patiently persistent. Keep asking, digging and researching. You can also look at precedent…What kind of influencers did similar prospects in the past have?
A word of warning: be careful of false influencers. There are those people who get some sort of psychological payoff pretending to have influence over the buying process. Do your homework. Don’t jump to conclusions until you have performed thorough due diligence on the prospective client. A little extra work will increase your closing ratio!
Attention Sales Leaders – Are your sales reps letting too many leads slip through the cracks? Is your sales team actively prospecting or are they sitting at their desks waiting for the phone to ring? Is your sales team “pretty good” but not reaching their potential?
If so, check out my Sales Training Menu, which has a couple new courses for 2019. There are many options when I visit your company: a motivational kickoff message; a half-day sales training program; or a full-day prospecting workshop.
Let’s schedule an on-site program at your office so your team can bring new prospects into their pipeline, shorten sales cycles and crush it in 2019!
Jeff Beals helps you find better prospects, close more deals and capture greater market share. He is an international award-winning author, sought-after keynote speaker, and accomplished sales consultant. He delivers compelling speeches and sales-training workshops worldwide. He has spoken in 5 countries and 41 states. A frequent media guest, Jeff has been featured in Investor’s Business Daily, USA Today, Men’s Health, Chicago Tribune and The New York Times.