Every decision maker can be considered as a fraction. The denominator is always the same: common needs and aspirations. Every numerator, though, is exceptional; numerators are composed of individual differences. In order to penetrate a customer organization, you have to analyze what is individual as well as what is common. This can be done by answering two questions: "Who are the decision makers I can partner with?" "Who are the decision makers I will have difficulty partnering with?" Decision Makers Who Make Good PartnersThere are six types of decision makers who have high partnering potential. The table below summarizes their principal characteristics and most probable negotiating modes.
Decision Makers Who Make Difficult PartnersThere are six types of decision makers who have low partnering potential. The table below summarizes their principal characteristics and most probable negotiating modes.
Consultative Selling enables sustainable commercial relationships. As long as a customer manager's profit contribution is being improved by a consultative seller, they can continue to grow each other as "partners in profits." Consultative sellers do not make calls. They make projects that can migrate from one profit contribution to the next so that the seller's initial cost of sale is amortized over infinity. Nor do consultative sellers transact business through finite, sporadic engagements. Instead, they become partners in perpetuity. As long as managers have a line of business or a business function to run, their profit contributions are always susceptible to improvement, just as their KPIs are always made more stringent and less readily achievable. The traditional product vendor skills of maximizing the number of calls per day in order to sell something to everybody have no place in Consultative Selling. The same is true for the service vendor skills of selling finite engagements whose termination, no matter how successful, more often than not leaves their vendors back where they were: on the street to start all over again. The selling in Consultative Selling should take place once, at the beginning of each partnership, when PIP number one must be agreed on. From then on, the principle of capital turnover should act as the flywheel of each relationship so that its cash flow never stops. The benefits of continuity of turnover—PIP turnover, customer capital turnover, and the seller's turnover of customer investments—compose the added values of partnering. Once a partnership gets up to speed, the seller's cost of sales and sales cycle time should approximate zero. So should the customer partner's cost of acquiring new profit opportunities from the seller. Partners who are brought together by Consultative Selling gain new money together. But that is not all. They also gain in the time value of their new cash flows. Funds can be earned or saved faster. They can be reinvested faster. There are more funds to reinvest each period because they become available sooner. This is where the payoff of Consultative Selling comes from
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