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Selling In The Gap

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Written by Keith Rosen
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Use the News: How to Create New Opportunities Fast

I'm frequently asked what I'm looking for when I'm reading the newspaper, trade journal or websites. Basically, I'm looking for any event that might create opportunities. They could be inside the firm (new strategic alliance, rapid growth, expansion to Mexico) or outside the company (new legislation, acts of God, collapse of a competitor). These events have cascading effects throughout an organization, causing many decisions to be revisited, new priorities to emerge and new needs to come to the forefront.



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A client of mine hired me to train their sales team. As I explored deeper, I discovered that they were experiencing a large amount of turnover. There were many inconsistencies and breakdowns during their recruiting and hiring process. There was nothing documented as it relates to a process that people can follow consistently to attract the best talent; especially when it came to screening candidates and a strong retention plan to retain their new hires. 

 

When you are listening to a prospect, what exactly are you listening for? For one, you certainly want to listen for what is missing or the gap. After all, this is what you are ultimately presenting to them, that is, your solution which in turn, fills their void, gap or problem. So sell the gap! It is your solution, product or service that becomes the bridge which takes the prospect from where they are today (present state) to where they want to be (desired state).  

 

Keep in mind, this can be different from what they want or need. This is something that the client themselves may not even be aware of. If you can identify this gap, you can then bridge it with the right solution. 

 

Back to my client. I found that they were experiencing a 35% attrition rate. I proposed not only providing them with a sales training program, but also a more in depth solution to developing and strengthening  their recruiting and retention strategy to reduce the amount of attrition which would complement the training.  

 

The result was a comprehensive recruitment and retention strategy which ultimately reduced turnover within their company dramatically. That was the gap that I was able to fill. Simply by listening deeper, I was able to uncover what their true needs were, where the breakdown was beginning, what their core challenges were. The same challenges that they did not articulate on the surface. It was what they weren’t saying that I listened for. Their needs and greatest point of pain.

 

There’s a symbiotic relationship between the way we listen, and the questions we ask. For example, if you’re already listening from a certain place or through a filter, then chances are you are not going to ask certain questions that can create new selling opportunities.

 

After all, if you keep listening from the past and reacting based on a past experience or a future expectation, you will continue to create the same results as before.

Keith Rosen
About the author:

Keith Rosen – Executive Sales Coach, Author and Global Authority on Sales and Leadership

Keith is fanatical about increasing your sales, improving your business and helping you achieve what matters most. That's why more top global sales organizations today choose Keith’s sales training and management coach training solutions to drive more sales. Keith addresses the specific challenges and objectives unique to your company, then moves beyond traditional training by coaching your salespeople and managers around best practices and best thinking which develops true champions.

For more information on sales coaching, executive coaching, his award winning sales training or management coach training programs or to subscribe to his newsletter, The Winners Path, visit  http://www.profitbuilders.com/winnerspath.htm, email us at info(at)profitbuilders.com or call 516-771-1444 . Find more sales and management coach training videos and podcasts on www.ProfitBuilders.com.


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