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C-Level Relationship Selling – Increase
Sales and Market Share Using C-Level Relationship
Selling
C-Level relationship selling is simple and more
effective than any other strategy, tactic or selling
technique once you learn the process. However, if you
don’t know how to do it, it can be like cold calling in
the sense that it’s intimidating, fraught with rejection
and nobody wants to do it. But unlike cold calling
C-level relationship selling will increase your sales
and market share faster and easier than anything else.
C-level relationship selling will enable you to sell
just about 100% of all the products and services in your
portfolio that fit to 100% of your existing customers.
Now would that help you meet your sales goals? Well as
tough a task as the above sounds, it is far easier to
accomplish than it is to sell that same amount to new
customers. What if you could sell just all your existing
accounts 10% more? Would that help your sales picture?
Of course it would and it’s really easy if you develop
professional C-level relationships.
Yes, I’m saying that to increase your sales and market
share, give-up on trying to penetrate the walled cities
of new accounts, and focus on getting more and more
cross-sells from your existing bastions of strength.
Then as your existing accounts buy more of all your
products and service (with your help), those walled
citied accounts will crumble and come rushing to you for
your expertise.
Here’s why. First, do you believe that you can help
your existing customers do their business better – more
sales and/or more profits – if they bought more of the
total portfolio of services you sell in addition to what
they now buy? Of course you do. Well if they do buy
more from you and do get better, that will put a lot of
pressure on their competition. The word will get out
that it was you and your company expertise that did it.
And that’s when you’ll start getting requests from
accounts that were previously not interested in some or
any of your products and/or services.
However, in order to get your stuff more fully absorbed,
you’re going to have to solve the issues and concerns as
it relates to sales and/or profits of the C-levels or
profit-center leaders of you existing accounts. In
order to do that you will have to learn what those
issues and concerns are for all the senior people
involved. You can’t assume to know what their problems
are and you can’t take the word of you main, lower-level
contacts. Even if you know from experience or your main
contact is correct (which is usually wrong), the top
people don’t know you know their issues and concerns.
Think about it. A C-level would say or think, “What
does this sales person know about me and my situation?”
Now once you’ve talked and related on a professional
level, s/he will feel you understand and will now be
willing to listen to how you may be able to help. And
this is how you cross sell and start to get more and
more of your portfolio into that account. C-levels and
profit center leaders have the power to make you sales
happen.
So here is how to begin C-level relationship selling.
First, start spending more time at existing accounts,
but not just with your main contacts. Use your
relationships at the lower levels to network you up and
out. That is, meet their boss and their boss’s
associates and continue to move up and out. My motto if
you haven’t heard it from me before is spread like a
virus through you existing accounts.
Now, my meaning of “meet” with these people is very
specific however. A meeting is a one-on-one interview
where you ask customer focused questions to learn what
that individual’s issues and concerns are as they relate
to your bigger world of solutions and listen
aggressively. It’s not your time to give a product and
services presentation. Once you know where this
person’s head is at and the person realizes you
understand, then you can offer to help. As the person
sees the fit, they buy into you and this is how the
relationship starts.
Keep repeating the process until you are networked to
meet with the C-levels, the profit-center leaders, and
their immediate staffs. It doesn’t matter if the
meeting is in their office or at a lunch. What matters
is you get know each person’s mind set for the moment
and s/he knows you know. Without that it’s impossible
to develop a relationship.
Using subordinate relationship that you’ve developed
over time is vehicle to get you to the top C-level and
other influential people. This will take a lot of your
selling time, but it will be worth it. My rule is 50%
of your selling time should be with existing
clients/accounts. 30% should be with old or lost
accounts and 20% with new accounts or self-ops. See
some of my previous articles of why this works best.
Minimizing your prospecting to new accounts and
competitors’ accounts sounds risky, doesn’t it? The
bigger risk, however, is for an existing customer to
start doing more business with your competitors, and we
all know that’s exactly what your competitors are trying
desperately to make that happen.
If the above reason doesn’t motivate you, consider
this. C-level relationship selling is prospecting, and
it’s in new territory. The beauty of C-level
relationship selling, although intimidating, is that
these prospects represent bigger, faster and easier
sales.
Now I invite you to learn more about mastering C-level
relationship selling.
And
now I invite you to
Bonus Tip: FREE
E-Book “Getting Past Gatekeepers and Handling Blockers”.
Just click this
C-Level Relationship Selling Link . Sam Manfer
makes it easy for any sales person to be successful and
feel comfortable connecting with and relationship
selling C-Level leaders.
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