The Giants of Sales by Tom Sant

The
sales techniques that work best...have always worked best. An incisive look at
four legendary sales pros, and how their strategies still apply today. Sales
theories come and sales theories go, but nothing beats learning from the
original masters. The Giants of Sales introduces readers to the techniques
developed by four legendary sales giants, and offers concrete examples of how
they still work in the 21st century.
The book reveals how:
In his quest to sell a brand new product known as the cash register, John Henry
Patterson came up with a repeatable sales process tailor-made for his own sales
force . Dale Carnegie taught people how to win friends and influence customers
with powerful methods that still work . Joe Girard, listed by Guinness as the
world's greatest salesman, didn't just sell cars, he sold relationships...and
developed a successful referral business . Elmer Wheeler discovered fundamental
truths about persuasion by testing thousands of sales pitches on millions of
people, and achieved great success in the middle of the Great Depression
Part history and part how-to, The Giants of Sales gives
readers practical, real-world techniques based on the time-tested wisdom of true
sales masters.
Taken from Page 31
However, by far the most influential of all of the men who worked for Patterson was his vice president of sales, Thomas Watson. Watson led the National Cash Register sales force for years and not only followed Patterson's methods himself, but inculcated them into hundreds of the company's sales reps. Eventually Watson angered Patterson, as almost all of his senior managers did (Patterson was notoriously cantankerous and difficult to work for.) Patterson fired Watson, apparently because the young man had become too "popular" with the sales force. At that point, Watson cast about for something to do and finally took the helm of a struggling little company in New York called the Computing Tabulating-Recording Company. One of Watson's first moves was to rename the company calling it--drum roll, please -- International Business Machines. That's right: IBM.
Three initials, just like NCR. And a sales method that was an exact copy
of what Watson had learned from Patterson. In fact, Watson even stole
Patterson's slogan, "Think," and had it posted around the offices and factories
of IBM.
Taken
from Pages 55-57
PROFESSIONAL SELLING SKILLS
Another major branch from the original
NCR trunk was developed at Xerox which created a sales course internally called
Professional Selling Skills.
Designed to train Xerox sales reps
how to sell complex products against tough competition, it proved tremendously
successful.
It was a bit ironic that Xerox should develop one of the
most influential variations on process-oriented sales methods, because for years
the company didn’t need to do any selling at all.
Its patent on the xerographic procedure gave it
exclusivity in a product that had tremendous value to businesses.
Only when competitors emerged did Xerox learn that
many of its customers thought that the company was high-handed or even arrogant,
and were eager for an alternative.
As a result, Xerox invested heavily in developing n
effective selling process.
As was Xerox’s habit with so many of its successful
ideas-such as the mouse, the graphical user interface, distributed computer
processing, and quite a few others-it decided to spin the sales program off as a
separate company.
That led to the creation of Learning International
and one of the first consultative selling skills courses known as Professional
Selling skills or PSS.
Again, the method emphasized steps, breaking down a sale
into component phases and training the salesperson how to execute each step the
way a top-performing salesperson does.
In fact, the whole method was supposedly based on
research into the techniques used by top performers, with the underlying
assumption that these techniques are repeatable by anyone who understands and
practices them.
The most recent iteration of Professional Selling Skills is now
offered through Achieve Global, a training company that acquired the assets of
Learning International and two other training companies, Zenger Miller and Kaset
International.
The essence of the PSS approach is
recognizing that almost nobody wants to be sold anything.
However, people do want to make informed decisions.
By structuring the sales process as a means of
facilitating the decision process, a salesperson overcomes some of the
resistance that a prospective customer may have and builds a stronger working
relationship.
The PSS course tends to focus on the steps of a typical
sales cycle, which may occur in a single call or may extend over several months.
1.
Planning the call
2.
Introducing yourself and starting the call
3.
Asking questions and probing for insight into the customer’s business
4.
Proposing or presenting a solution
5.
Handling objections and negotiating terms
6.
Closing the deal
7.
Following up after the sale has been made
Don Hammalian, one of the original coauthors of the PSS sales-training
program at Xerox, pointed out to me that PSS was one of the first attempts
to use “programmed instruction” for professional training.
This put the course at the forefront of innovative teaching methods,
particularly in the attempt to train salespeople behaviorally.
The actual course was built on research into “what we now call ‘best practices’ based on field observations,” Hammalian recalls. “We were trying to take a more scientifically valid approach that could be statistically validated in terms of results.”
Because of the course’s design and its use of a process approach to break
down the task of selling into incremental steps, PSS proved to be an
excellent foundation course for people who were new to sales.
Over the years, the course evolved quite a bit, but from the start it
had a strong core on which people could build their own style.
Hammalian is rather amused to look back at the original course, compared to
what it became and what is taught in other process-oriented courses today.
“The first PSS model”, he recalls, “was a highly manipulative,
product-focused model that no one would advocate today.
But it evolved into a ‘need satisfaction’ model with much more
emphasis on understanding the cust9mer and building a strong relationship.”
The roots of the “need satisfaction” model are present in Patterson’s
original Primer, although the need
tended to be restricted to just one thing-increasing profits.
Later, the definition of customer needs became more sophisticated in
PSS and in many of the other process-oriented approaches.