How to Defeat the Competition You Can’t See
Mark Hunter
Sales kickoff speaker helping you turn prospects into profits, it all starts with prospecting with integrity.
I know who the number one competitor is: yourself.? I’m not talking about that!?
This is about the competitor you can’t see yet is out there on every deal you’re trying to get. The competitor you can’t see is ‘no decision’.
It’s not that they’re not buying from you because they’ll buy from somebody else, or that they’re going to stay with who they’re buying from now. They have simply chosen to not make a decision.?
Let me help prevent you from becoming a victim of 'no decision'.
1. Confidence?
I’m not talking about your confidence, I’m talking about your customer’s confidence in you.
So many times when I go back and I analyze why deals didn’t happen, it’s because the customer never had confidence in the salesperson and the company they represent. I see this in every industry I work in.?
If I don’t first create confidence, why in the world would a customer choose to buy from me? They’re not going to. So my focus has to be on first, creating confidence where they can see that I can provide them with an idea and I can help them understand what the problem is.
Start your 2025 off right! Unlock your inner confidence, trust yourself, and step boldly into a happier, more successful life.
2. Solution?
I have to be able to help the customer see that this is a solution and their problem is solvable. Sales is about helping others see and achieve what they didn’t think was possible. If I can’t help you do that, I didn’t do my job.
I’ve got to be able to have a deep enough conversation with you to be able to gain insight and subsequently help you understand your unique solution. Because if I don’t get deep enough (through confidence) with you in terms of understanding what the solution is, guess what? Chances are you’re going to wind up making no decision.
3. Value
Value is not price.
I need to create a workable plan that’s going to help you address the issue that needs to be taken care of. It could be a pain, a gain, or an optimizer. You may be protecting the downside. But the value proposition is about showing the customer that this is the right way to go.
Careful! I can’t put a value prop on the table that you’re going to understand unless I first have created confidence and second, crafted a solution.
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4. Urgency
?This undermines more deals than anything else, or I should say, the lack of urgency.?
The customer may have a problem. They like your solution, but if they don’t have urgency to solve it they’re not going to do anything about it. It isn’t good enough for me to present a value proposition that makes sense. I have to frame it around urgency, because if I don’t have urgency, guess what? No decision wins the day.
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?Read more about 6 Things Customers Need Before They Buy.
5. Simplicity
What ultimately happens is the customer says, “I’m not going to make a decision because it’s too complicated.”
I was on the phone today with a sales team chasing a deal with a Fortune 25 company. This is one of the biggest companies in the world. It’s a big deal, but they’re not getting anywhere. They’re not getting the answers that they want. And the reason is because the solution is so big and the value proposition is so complex.
The value proposition is so complex that it overpowers the urgency.?
There’s a direct correlation here between urgency and simplicity. If your value proposition is urgent, but it’s not a simple solution, they can still sit there and say no. So I have to make sure I have a very simple solution.?
Join Mark Hunter, Meridith Elliott Powell, and Shari Levitin for this month's Sales Logic Expert Exchange! In a world where facts alone no longer cut it, Shari reveals the game-changing power of storytelling in sales.
In this session, Shari will unveil her 5-step “StorySelling” formula to help you:
?? Build deeper emotional connections
? Create urgency and trust
?? Overcome objections with precision
?? Accelerate your sales and influence more effectively
Don’t miss this expert-led session—reserve your spot today!
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As always, great selling!
MH
freelancer
1 个月aisalesmanager.tech AI fixes this Overcome indecision to win sales.
Turned around 10 sales divisions or companies in the HVAC, Plumbing, Industrial business. 2024 Person of the Year The Wholesaler Magazine.
1 个月Create from Within Create don’t Compete!
Helping Business leaders and Educators build Championship Teams. | Keynote Speaker, Workshops and Coaching | Author
1 个月Great advice Mark to heed. Look forward to having you on our podcast.
Professional Speaker I Working with manufacturers?? to connect the top to the shop. Removing roadblocks by changing behaviors resulting in ?systems that work everyday.
1 个月Great summary Mark, favorite Canadian Quote, 'If you choose not to decide you still have made a choice' Freewill, amazing song! Let's do our job and help them make a choice yes or no.
Process Simulation Twin for Future-Proof Decisions.
1 个月Overcoming obstacles is where growth happens, embracing challenges is the path to sales success. Mark Hunter