How to Sell Smarter: ‘Ditch the Pitch’
Review by Ray Silverstein
There’s one subject entrepreneurs can’t get enough of: how to increase sales.
Well, here’s a thought. If your current sales pitch isn’t delivering the results you want, it’s time to switch things up. Better yet, why not do something radical, and ditch the sales pitch entirely?
My friend Steve Yastrow, a shrewd business advisor and wonderful author, recently introduced this fascinating “Ditch the Pitch” approach to selling, which you’ll find in his new book of the same name. It’s so packed with worthwhile ideas, I asked Steve for permission to share my top takeaways with you.
Fact: Nobody Likes a Sales Pitch
You don’t enjoy being on the receiving end of a canned sales pitch, do you? I know I don’t. And, let’s face it, our prospects don’t either.
So, when you do get valuable face time with a prospect, don’t waste the opportunity by launching into a flat, unwelcome sales pitch. Shake things up: try using these three strategies instead.
Engage in Persuasive Conversations
People want to talk about the things they care about, not listen to monologues. You’ll get much further by drawing prospects into meaningful conversations about subjects that matter to them.
Yes, your sales pitch is a comfortable crutch. Engaging in real conversations will require you to improvise. But this is something you already know how to do. After all, we are all improvising our way through life. Assuming you know your stuff, businesswise (of course you do), you’ll do fine. And you’ll actually enjoy your sales interactions more.
Say Less to Notice More
Most people are better talkers than listeners. So let your prospects do most of the talking. Your first job is to listen, observe, and process what they’re saying. By doing so, you can identify their hot buttons and pain points, and then figure out how your products or services fit in.
That way, when you do open your mouth, what comes out will be interesting and relevant to them, which will get you closer to your goal.
Create a Shared Story
Here’s a great rule of thumb: make 95% of the conversation about your prospects. They don’t need to know everything about you and your business, only the parts that matter to them. Be very selective in what you share.
And another great sales tip: only speak about a paragraph’s worth of words before tossing the conversational ball back to your prospect. That way, you weave your story in with theirs.
In addition, your story is more likely to have a happy ending, in the form of a successful sale.
If you keep doing the same thing over and over again, you can’t expect different results. Now is a great time to try a new sales approach. You can learn about Steve’s book, Ditch the Pitch. And you can get my complimentary Weekly Sales Worksheet—a real-world sales activity tracker—by emailing me at pro@peeradvisoryboard.com
Biography: Ray Silverstein is president of PRO, President’s Resource Organization, a network of entrepreneurial peer advisory groups in Phoenix and Chicago. He is author of “The Best Secrets of Great Small Businesses,” and “The Small Business Survival Guide.” You can reach Ray at 312-593-5133 or pro@peeradvisoryboard.com.