Sales
Qualification
Shedding
Light on the Subject
By
Jeffrey Hansler, CSP
If
you were placed in a dark room filled with unknown objects,
given a bag of marbles, and told to toss as many marbles as
possible in a bucket placed somewhere in the room.
Unable to see where the bucket was, many of your tosses
would be wasted just trying to locate it. If you did
happen to strike a marble on the bucket, you could at least
try to repeat it, but you'd have no idea if your shot was
directly at the bucket or a ricochet shot off some other
object. You'd be faced with a discouraging and
frustrating task.
For
many people sales is a similarly frustrating experience.
They suffer from a lack of understanding in the
determination of a prospect's real chances of becoming a
customer. They cannot clearly see what necessary
information needs to be qualified, when to qualify for that
information, and how to ask for that information. This
leads to disappointment and robs self-confidence. The
emotional wear and tear from unpleasant surprises deplete
the energy and motivation of such a salesperson.
Think
of the wasted company resources chasing phantom prospects.
Think of the wasted time, the only true commodity a
salesperson has to offer. This waste is enough to make
a healthy company anemic and a motivated salesperson
despondent.
So
rather than dwelling on the symptoms of poor qualification
and trying to cure them, work on fixing the cause of
demotivation. Use this information to guide yourself
to a state of skilled qualification. Learn proper
qualification and build justified self-confidence.
Feed the personal values of security through competence and
the freedom of quantitative expectation.
What
is qualification? Qualification is determining whether
you, as a salesperson, will spend more time guiding a
prospect to a decision about your product or service.
This is done through a process, I call RADAR.
R
= Rapport. Have you established enough rapport to
communicate with this person? Can you gather the other
elements of RADAR? If you can't, then at this time,
spending your time with this prospect is a big gamble in
terms of your chances of gaining a sale.
A
= Acknowledge interest in solving their "problem".
By having the prospect verbalize their interest, you get a
comparable measurement of what they say verses their true
intentions. A prospect that has been walking around
car lots all day and says he's just looking, is understating
his true interest for some purpose. You should find
out that purpose.
D
= Decision process and decision maker. You need to ask
who makes the decisions and what process they go through to
do so.
A
= Acknowledged Funds. What money do they claim to have
available for the purchase of their "interest".
More than a statement of fact, the answer provides you an
indicator of their comfort with you at this point.
R
= Risk Coefficient. This is a measure of how much new
territory will have to be covered before a prospect will
make a decision. A person who has made similar
decisions in the past which yielded positive results has a
much lower risk coefficient than a person traveling into
unknown territory.
When
should you qualify? Usually, the qualification process
begins 30 seconds to 2 minutes into a business conversation.
The information is reconfirmed throughout the sales or
communication process.
The
biggest mistake salespeople make is spending a great deal of
time before getting to the important issues of
qualification. It's like digging in a mine for years
before asking what you're digging for.
How
do you qualify a prospect? Qualification needs to be
congruent with your personality and the tempo you have
established at the onset of the conversation.
If
your approach is direct, and staccato, then you ask
questions in the same manner. If this doesn't work for
this prospect, your awareness of rapport or lack of it, will
guide your adjustments to your approach.
If
your approach repetitively fails to provide you the
opportunity to gather the information, then change your
approach.
Just
as proper qualification is the key to a sale, a good
attitude regarding your function as a salesperson is the key
to continued successful selling. A salesperson helps
people come to decisions. If you experience the pain
of indecision and reason that any decision is better than no
decision, then you'll find your prospects appreciate your
interest in their situations.
On
the other hand, if you choose to remain in a dark room
throwing marbles, at least all the other people in there
with you can't see your face.
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Jeffrey
Hansler is a professional speaker, author, and consultant.
He is a frequent speaker at association events and is the
author of Sell Little Red Hen! Sell! He can be reached at jhansler@oxfordco.com.
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2004 Jeffrey Hansler All rights reserved |