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	<title>BitSmarter &#187; Sales Funnel</title>
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		<title>Selling and the Sales Funnel</title>
		<link>http://www.bitsmarter.com/sales/funneling-sales/sales-funnel/</link>
		<comments>http://www.bitsmarter.com/sales/funneling-sales/sales-funnel/#comments</comments>
		<pubDate>Wed, 27 Oct 2010 09:30:45 +0000</pubDate>
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				<category><![CDATA[Sales Funnel]]></category>

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		<description><![CDATA[With similar competitor products, the differentiator becomes your impact on the customer. Selling is motivating customer commitment: transferring knowledge / information understanding the customer&#8217;s needs convincing the customer that you have something they need understanding your competition standing out from the competition talking to the right person The Sales Funnel is a way to ensure&#8230;]]></description>
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		<script src="http://digg.com/tools/diggthis.js" type="text/javascript"></script></div><p>With similar competitor products, the differentiator becomes <em><strong>your impact on the customer</strong></em>.</p>
<p>Selling is <strong><em>motivating customer commitment</em></strong>:</p>
<ul>
<li>transferring knowledge / information</li>
<li>understanding the customer&#8217;s needs</li>
<li>convincing the customer that you have something they need</li>
<li>understanding your competition</li>
<li>standing out from the competition</li>
<li>talking to the right person</li>
</ul>
<p>The Sales Funnel is a way to ensure you have understood the customer&#8217;s need. This will give you the clarity to understand whether the solution you have will meet this need, so you can progress to closing the sale.</p>
<p>The approach has 5 steps.</p>
<blockquote><p><img class="alignleft size-full wp-image-684" title="sales funnel" src="http://www.bitsmarter.com/wordpress/wp-content/uploads/2010/10/funnel.jpg" alt="sales funnel" width="94" height="139" /></p>
<p>1. Motivator<br />
2. <strong>O</strong>pen <strong>N</strong>eutral <strong>Q</strong>uestion (ONQ)<br />
3. <strong>O</strong>pen <strong>L</strong>eading <strong>Q</strong>uestion (OLQ)<br />
4. <strong>C</strong>losed <strong>Q</strong>uestion (CQ)<br />
5. Summary<br />
6. Sweeper</p></blockquote>
<p><strong>Motivator </strong>- &#8220;How are you?&#8221; / &#8220;How has your day been?&#8221;</p>
<p><strong>ONQ</strong> &#8211; &#8220;Are you in the market for a new car?&#8221;</p>
<p><strong>OLQ </strong>- &#8220;What do you know about All Wheel Drives?&#8221;</p>
<p><strong>CQ </strong>- &#8220;Would you be interested in buying today?&#8221;</p>
<p><strong>Summary</strong> &#8211; &#8220;So just to confirm: you are safety conscious, are in the market for a car, and would like to buy today&#8221;</p>
<p><strong>Sweeper </strong>- &#8220;Are there any other features ir options you would like on the car?&#8221;</p>
<p>It is most effective to hold off on the solution, when doing the summary &#8211; this is <span style="text-decoration: underline;">more effective</span>.</p>
<blockquote><p><span style="color: #4e4e4e; font-style: normal;">And remember: </span>True communication is the <strong>RESPONSE </strong>I get&#8230;</p></blockquote>
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