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The Challenger Sale The Challenger Sale

The Challenger Sale - PowerPoint Presentation

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Uploaded On 2015-11-05

The Challenger Sale - PPT Presentation

Five Sales Types The Hard Worker 21 The Challenger 27 The Lone Wolf 18 The Reactive Problem Solver 14 The Relationship Builder 21 Hard Worker Always willing to go the extra mile ID: 183799

problem discussion warmer customer discussion problem customer warmer teaching emotional information challenger solutions business insights don

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Slide1

The Challenger SaleSlide2

Five Sales Types

The Hard Worker (21%)

The Challenger (27%)

The Lone Wolf (18%)

The Reactive Problem Solver (14%)

The Relationship Builder (21%

)Slide3

Hard Worker

Always willing to go the extra mile

Doesn’t give up easily

Self-motivated

Interested in feedback and developmentSlide4

The Challenger

Always has a different view of the world

Understands the customer’s business

Loves to debate

Pushes the customerSlide5

The Lone Wolf

Follows own instincts

Self-assured

Difficult to controlSlide6

The Reactive Problem Solver

Reliably responds to internal and external stakeholders

Ensures that all problems are solved

Detailed-orientedSlide7

The Relationship Builder

Builds strong advocates in customer organizations

Generous in giving time to help others

Gets along with everyoneSlide8

R

elationships

are not necessarily the key to

success

Research from the Corporate Executive Board, as indicated in

The Challenger Sale

, shows that in the current business environment, customers don’t always know what they don’t know and crave

insights

that can help them run their businesses more effectively and efficiently.Slide9

The

most powerful sales approaching is based on:

T

eaching

T

ailoring

T

aking control of the customer conversationSlide10

Teaching for Differentiation

Build

insights

into teaching conversations

Don’t forget the emotional component of a well-designed teaching pitch

Tell a compelling story with real drama and suspense

(

HBR Guide To Persuasive Presentations

)Slide11

Six Steps

The Warmer

Building credibility by reading prospect’s mind, demonstrating empathy, giving

new information (Open, Greeting, New Information)

Reframe

First, reframe an unrecognized problem, need, or

assumption (Recap and Purpose

)Slide12

Rational Drowning

Gradual intensification of the problem, both in degree and closeness to the

customer (Discussion

)

Emotional Impact

Psychological

features of the problem, or presence in the individual’s workflow, humanizing the

problem (

Discussion based on Emotional

INtelligence

)Slide13

Value Proposition – A New Way

A new framework for addressing the problem—implicitly tied to your value

proposition (Discussion

)

Your Solution and Implementation Map

Map of supplier services or solutions linked back to key teaching points; highlighted path to implementation (Discussion)Slide14

Old World:

Process

Focused

New World:

Judgment

Oriented

The customer

expresses a defined need

QUALIFICATION CRITERIA

The

customer is in a state of uncertainty

Identify

a stakeholder with the authority to spend

STAKEHOLDER

SELECTION

Identify

a stakeholder who is open to change and can influence decision makers

Demonstrate the value your solution provides relative to competitors’ offerings

NATURE OF THE CONVERSATION

Disrupt the customer’s thinking and assumptions about his/her business

“Dismantling the Sales Machine,”

Harvard

Business Review,

November, 2013

14Slide15

Use This Call Structure Model

Greeting

New Information

Opening

Recap and Purpose

Discussion and Creating Value

Summary and CloseSlide16

Presenting: Call Structure –

Six Steps

Greeting

Set tone of the meeting and build rapport

(The Warmer)

New information

Provide new, relevant information to enhance your source credibility and expertise.

(The Warmer)

Opening

A

well-planned statement to pique interest in your

proposal, insights,

and

solutions

(The Warmer

)

Recap and purpose

Recap what challenges and problems you will be

addressing,

and state the purpose of the call

. (Reframe)

16Slide17

Discussion and Creating Value

Move prospects from desire to conviction that your solutions are the best ones.

Dealing with objections

Conditions

Discussion

tactics – Create Value (Rational Drowning, Emotional Impact, and Value Proposition)

Summary and close

Summarize key points – no more than three – and ask for the order.  No ask, no order

. (Your Solution and Implementation Map)

17