Can you sell a Pen? - PowerPoint PPT Presentation

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Can you sell a Pen?

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Marketing Strategies provided by Insellers, as to how to ace interviews! – PowerPoint PPT presentation

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Title: Can you sell a Pen?


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Sell me this pen, can you?
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(No Transcript)
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Sell me this pen? Which can just be the foremost
used question ever asked by any buyer or an
interviewer. How someone responds to those four
words can tell you tons about how and the way a
candidate goes to sell. But there are many
approaches to find your answer to this question.
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The Value-Added Approach
  • The first one is known as value-added selling,
    where a person tries to create interest, by
    highlighting the various specifications of the
    product that make it desirable. Like
  • Compared to other pens, this pen is extremely
    smooth and straightforward to carry.
  • This pen is easy to hold and write
  • The majority of candidates that have no selling
    experience will use this method. Its probably
    the most straightforward answer. The disadvantage
    of value-based selling is that you show null
    knowledge of what the buyer feels is important to
    them. To put it frankly, youre throwing an arrow
    in the dark. If you get lucky, the situation will
    be different, but generally, this approach will
    not satisfy ones question.

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The Solution- based Approach
  • The next one in this method is solution-based
    selling. This is when a candidate correctly asks
    questions on what I search for during a pen and
    if I ever have any problems with my current one.
    This way of solution is the safest approach to
    this question. Some examples are
  • What are the main features youre looking for in
    a pen?  What color pen are you considering
    buying? What features did your previous pen
    have? Candidates with experience in sales
    background normally demonstrate strength in this
    area. However, many of them still find some
    obstructions when the questions they ask lead to
    a conclusion where the customer needs a solution
    they cant offer. For example, you can find out a
    customer is in the market for a pen, but they may
    need a blue one when youre only selling black.
    Also, its not necessary that a buyer will keep
    answering your questions. They probably dont
    even have any interest in talking about their
    problems with a stranger. The solution-based
    approach is better than the value-added approach,
    but theres still a fair chance itll not be a
    perfectly built answer. Thats why I always look
    up to the third technique.

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The Problem- formation Approach
  • Problem formation without question is the best
    way to sell me this pen. Instead of asking open
    questions, people use various types of tactics to
    ensure the buyer traps and cant deny the
    solution. So, in this method, the buyer comes to
    a pre-set conclusion which a seller has already
    arranged.
  • This is the best possible method for good
    outcomes. 
  • Any seller who can successfully take this path
    has the kind of grip which a buyer wants to see. 
  • But let me tell you this method is not easy as it
    sounds, one has to be clear with the concepts to
    use the problem creation approach.
  • In the end, if they arent experiencing any
    problems with their current pen situation or
    dont have an objective to improve their current
    state, you will simply just waste your time.

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Note that before pitching for the product, one
should ask prospect questions along the lines
ofWhat kind of pens do you usually use?What
are the main points associated with your current
pen choice?What is your ideal pen?Are you
looking for a stylish body pen or a simple
one?Information is everything once you have
enough data or insight about how a potential
customer thinks and what theyre trying to find,
it helps you sell the product in a way thats
relevant to them.There are exactly four sales
skills the buyer or interviewer want you to
have
  • How do you collect information?
  • How do you counter information?
  • How do you convey the information?
  • How do you ask or close the statement?

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Conclusion
  • One should have in mind that if a person asks you
    this question, the four-skill framework should be
    in the mind. Find out how they used a pen (gather
    info). Highlight the importance of the activity
    they last used a pen (response to
    information). Sell something bigger than a pen,
    sort of state of mind (deliver info). Ask for the
    buy (closing). Remember, its not about actually
    selling a pen. Its about showing how well youll
    sell a product. And there is an infinite number
    of answers to this question, its easy to
    memorize an easy formula made by you. So, if you
    ever counter this question, never go for a simple
    answer instead give it some time and then answer
    it properly. 
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