18 min

Episode 007 How to Win a Sale in the first 10 seconds of a cold call Power Sales Guru With Will Harris podcast

    • Management

How to close a sale in first 10 seconds of a Cold Call - Winning Sales Message
For this podcast, we are going to look at the most important part of your opening statement…the interest statement.
 You never get a second chance to make a good first impression. When you are prospecting to a client there are no second takes. If you stammer the initial call, you cannot hang up and call right back to try again.
 Regardless of the business or organization, everyone has the same problems all over the world. In order for you to achieve differentiation with your prospecting efforts, you need to mention one or more of these six needs in your WIIFM Statement. Take a look at an example for each:
 
Operations WIIFM – You operate better with me
Operations represent the biggest challenge for any business. This area has a dual focus on cost control and inventory management. Even for service companies, inventory is present in the form of human labor. Your WIIFM should focus on how you can have a direct impact on overseeing key areas of their inventory, or the way in which they conduct their business.
 For your clients, differentiation of companies in your industry becomes tougher every day. Look for operational superiority in your offer if you cannot easily show product superiority. In the absence of product differentiation, focus your WIIFM on process differentiation. Most businesses interact with companies based on what works for the company and not their customer. Highlight this difference and you will stand out.
Operations: These ideas will gain you more control over your expenses.
 
Marketing WIIFM – You have more customers with me
Marketing focuses on generating revenue. Every company is in the business of making money. A strong WIIFM focuses on how your company can help them make more money. In some cases, you may be positioned to use Power Prospecting to contact organizations and not businesses. This includes non-profit organizations, like a city council or other government agencies. Not for Profit organizations have a reason for existing and that reason is the source for developing a strong WIIFM. Show how you can help them find new customers or reach their objectives quicker.
Marketing: I specialize in helping my customers find customers.
 
Financial WIIFM – You make money with me.
Financial needs involve a business’ ability to collect billed revenue. Getting business is good, but collecting money on business is great! All decision makers have a concern around ensuring that billing and collecting is a smooth process. It may require a creative WIIFM to connect your offering to this regard. However, that connection will immediately resonate with the decision maker during your prospecting call.
 
Productivity – You gain more resources with me
Productivity is the area where businesses look to accomplish more by using fewer resources. Using fewer resources could refer to things like money or time. Every business leader seeks ways to prevent over spending. Nothing frustrates a vested business professional more than spending too much time on administrative activities and not enough time on revenue generation.
Productivity: I will show you ways to spend more time on revenue-generating activities and less time on administrative activities.
 
Information – You stay ahead with me
Information empowers any business to make the right decisions to keep themselves in business. Company owners and leaders want to ensure that they are up to speed on the latest trends within their industry or market. No one wants to be behind the times. In addition, no one wants to be too far ahead which could result in not having any customers. For business leaders, having complete and correct information about the business environment makes for a compelling WIIFM.
Information: My company prides itself on supplying you with the most valuable resource in the market right now…information on the industry’s best practices.

How to close a sale in first 10 seconds of a Cold Call - Winning Sales Message
For this podcast, we are going to look at the most important part of your opening statement…the interest statement.
 You never get a second chance to make a good first impression. When you are prospecting to a client there are no second takes. If you stammer the initial call, you cannot hang up and call right back to try again.
 Regardless of the business or organization, everyone has the same problems all over the world. In order for you to achieve differentiation with your prospecting efforts, you need to mention one or more of these six needs in your WIIFM Statement. Take a look at an example for each:
 
Operations WIIFM – You operate better with me
Operations represent the biggest challenge for any business. This area has a dual focus on cost control and inventory management. Even for service companies, inventory is present in the form of human labor. Your WIIFM should focus on how you can have a direct impact on overseeing key areas of their inventory, or the way in which they conduct their business.
 For your clients, differentiation of companies in your industry becomes tougher every day. Look for operational superiority in your offer if you cannot easily show product superiority. In the absence of product differentiation, focus your WIIFM on process differentiation. Most businesses interact with companies based on what works for the company and not their customer. Highlight this difference and you will stand out.
Operations: These ideas will gain you more control over your expenses.
 
Marketing WIIFM – You have more customers with me
Marketing focuses on generating revenue. Every company is in the business of making money. A strong WIIFM focuses on how your company can help them make more money. In some cases, you may be positioned to use Power Prospecting to contact organizations and not businesses. This includes non-profit organizations, like a city council or other government agencies. Not for Profit organizations have a reason for existing and that reason is the source for developing a strong WIIFM. Show how you can help them find new customers or reach their objectives quicker.
Marketing: I specialize in helping my customers find customers.
 
Financial WIIFM – You make money with me.
Financial needs involve a business’ ability to collect billed revenue. Getting business is good, but collecting money on business is great! All decision makers have a concern around ensuring that billing and collecting is a smooth process. It may require a creative WIIFM to connect your offering to this regard. However, that connection will immediately resonate with the decision maker during your prospecting call.
 
Productivity – You gain more resources with me
Productivity is the area where businesses look to accomplish more by using fewer resources. Using fewer resources could refer to things like money or time. Every business leader seeks ways to prevent over spending. Nothing frustrates a vested business professional more than spending too much time on administrative activities and not enough time on revenue generation.
Productivity: I will show you ways to spend more time on revenue-generating activities and less time on administrative activities.
 
Information – You stay ahead with me
Information empowers any business to make the right decisions to keep themselves in business. Company owners and leaders want to ensure that they are up to speed on the latest trends within their industry or market. No one wants to be behind the times. In addition, no one wants to be too far ahead which could result in not having any customers. For business leaders, having complete and correct information about the business environment makes for a compelling WIIFM.
Information: My company prides itself on supplying you with the most valuable resource in the market right now…information on the industry’s best practices.

18 min