Outskirts Press Book Publishing Presents So, What's Your Price?

So, What's Your Price?
by Mike Carson

Print on Demand Publisher The Partnership Selling Process(tm) Dedicated to those who are SICK of competing on PRICE
Ordering Information
6 x 9 Paperback
ISBN: 9781432706838
$19.95    
 
 
6 x 9 Hardback w/ Jacket
ISBN: 9781432710095
$29.95    
 
 
Instant e-Book Download
 
 
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Book Information
Genre:
BUSINESS & ECONOMICS / Sales & Selling
Publication:
Jan 30, 2008
Pages:
228
 
Books by Mike Carson
"I've been in sales and marketing for 29 years. I've read practically every one of the business books on the subject and attended countless seminars . . . . If you're looking to sell on value rather than price, if you want to wake up your sales force, if you want to change the game, then this is the book you need to read. Mike's Partnership Selling ProcessTM gets results!"

Robert Kemple, Executive Vice-President Sales and Marketing ASCO Numatics Americas, Emerson Corporation

"He has identified the Sales, Marketing, and Service competencies at each level of the organization, necessary to achieve WORLD CLASS EXCELLENCE and has developed his training around those competencies (in other words, it's not 'one size fits all')."

Michael A. Androlewicz, Director Corporate Training and Development

Emerson Worldwide



"I attended one of Carson Internationals sales programs at our company and was totally skeptical. I was already a top sales performer and figured, "What could he show me?" Boy was I wrong! PSPTM showed me the way to triple my sales and INCOME in the first year of implementing the skills."

Senior Sales Representative Spectranetics Corporation, A Cardiovascular Company



"It has been my experience that no one who has mastered PSPTM has ever made less than a six-figure income.Tim Seekely, Vice-President Sales Trek Diagnostics

 
The NEW Sales Profession
Is Not Like the Old One
The New Sales Profession is an outcome of our global business arena
and the technological advances we’re experiencing everyday. For the
sales professional, this is both a great opportunity and a great
challenge. No one has ever experienced this explosion of competition;
vast world markets; static-to-shrinking domestic U.S. markets; lack of
differentiation; non-exclusivity; lightning-fast, low-cost technological
growth; and mind-numbing business pace.
It’s no wonder that most companies and sales professionals are still
using the sales tools of the past the same way they have always used
them. In fact, most companies and managers don’t even realize the
tools are out of date and thus perhaps keeping their sales teams from
achieving the success they so desperately want.
Let’s look back at the period from WWII to the present. Following
WWII, the world was in shambles. Even our own U.S. market was
reeling from the 1930s depression and the shortages created by the
war. By the 1950s, however, the tide had turned. It seemed anyone and
everyone wanted something . . . everything! Demand was high, needs
were great, innovation was king, and supply was short. Thus,
salespeople needed only to have product knowledge and available
product, and, at nearly any price, bingo!—they had a sale. Yes, this is
an oversimplification, and not every market was like that, but most
were indeed. During the next decade, the economy kept growing, and
“SO, WHAT’S YOUR PRICE?”
2
The Product-
Focused Sale
focused first
on the product
and then on
the customer.
salespeople continued on a high. A style of selling emerged that I refer
to as the “Product-Focused Sale.”
The Product-Focused Sale Once Worked Well
The Product-Focused sales method relied on salespeople to possess a
true grasp of product knowledge. Knowledge of every aspect of the
product or product line was important. Salespeople spent enormous
amounts of time, formally and informally,
learning product. The longer you were in the
job with a specific company, generally, the
more successful you were as a salesperson.
Why? Because it took a long time to get all
that knowledge of the product and the
customers. Salespeople forged business
relationships based upon product awareness
and product knowledge.
Customers welcomed salespeople into
their establishments, because they had the
information customers needed to be successful. They knew best how
to use the product, which products were best for different applications,
and even which leading-edge products would be out soon so customers
could leap ahead of their competition. What a great time to be selling!
Yes, some customers still resisted seeing salespeople but not in the
same way they do today (as we’ll discuss shortly).
The Product-Focused Sale focused first on the product and then on
the customer. Essentially, the meeting consisted of the salesperson
showing, telling, and detailing the product, all the while asking leading
questions (such as, “ . . . wouldn’t that be of benefit to you?”). Then
the salesperson asked the customer, “Well, what do you think?” In
most cases, this was the first time the customer was allowed to talk,
except for answering those leading questions.
From here, the salesperson and the customer discussed the merits
of the product as it related to the customer’s business application. If it
INTRODUCTION
3
didn’t apply, the salesperson offered, “Well, maybe this model would
be of interest to you then.” And the showing, telling, and detailing
began again . . . until the customer ran out of time or the salesperson
ran out of product. As a last ditch effort, the salesperson almost always
said, “Thanks for your time. Oh, by the way, in a couple of months
we’re coming out with our New Super XYZ model. I’ll bring it by on
my next trip here. OK?”
Re-Engineering Changed Everything
This cycle repeated itself for years . . . right up into the late 1970s and
1980s, when things started to change. And then, Wham! Someone
invented a new term that shook customers to their foundation—reengineering!
Well, people were re-engineered right out their jobs, and
thousands of employees were laid off. The survivors of re-engineering
were left anxious and wondering, “Am I next?” and with a ton of work
to do that used to be someone
else’s. How did this affect
salespeople?
Now when salespeople
stopped by to show, tell, and
detail their New Super XYZ
product, stressed-out, highstrung,
anxious customers were
pressed for time and hugely
reluctant even to see
salespeople. People who had
been willing to see salespeople
just a few years before were
now slamming the door in their
faces.
About this time, global
markets and imported “just as good as” products started to emerge in
huge numbers here in the United States. Businesses pressed to increase
Then in the 1990s, three
strange new tools
emerged and synergized:
computers, telephony,
and the Internet. Now
customers had new tools
that helped them find
information about
products, applications,
and even prices.
“SO, WHAT’S YOUR PRICE?”
4
productivity and strengthen the bottom line through cost savings. True
customers had always wanted things cheaper, but when the Product-
Focused Sale began, supply was short and differentiation was KING.
So many times, buyers had to buy the product at whatever price the
market sold it. In the past, salespeople really had held the upper hand.
Imagine that. However, now the tables started to turn, and salespeople
were faced with look-alike products, many at cheaper prices and in big
supply.
How did the sales profession react? Companies leaped into high
gear, splitting territories and adding more salespeople. They sought
out new and fancier brochures, created marketing campaigns, and,
increasingly, employed advertising. Most of all, companies gave their
salespeople even more product training to shorten their learning
curves, so it didn’t take years to become a product expert. Companies
even hired technical people to support the sales team, adding
application engineers, product specialists, and even sales engineering
positions to help these Product-Focused Sales succeed.
National and regional sales meetings featured top salespeople who
knew the product inside and out. Like mother birds feeding baby
chicks in the nest, these top performers detailed and dispensed their
knowledge of the products to open and anxious sales teams. The teams
emerged from these sales meetings with renewed hope for huge sales
success in the coming weeks. Management expected big, timely
results—anticipating starting the year off on a high or, later, saving the
year from a below-expectations performance. For a short time, all this
worked; fresh eager salespeople with vast product knowledge, armed
with hot-off-the-presses brochures and sales collateral, bombarded
customers and wore down their resistance.
Then, in the 1990s, three strange new tools emerged and
synergized; they were now so affordable that everyone was getting
them: computers, telephony, and the Internet. Now customers had new
tools that helped them find information about products, applications,
and even prices. Their new tools brought with them their own personal
protection devices: email and voice mail. While it had always been a
INTRODUCTION
5
challenge to see customers, especially competing with ten times more
salespeople asking to see the same customer, now it was extremely
hard even to get a live person to talk to at all.
Customers finally had their revenge; now the salesperson needed
the customer more than the customer needed the salesperson—or so
they thought. With so much information available, the customer
perceived all products in a category as virtually generic. They were
more knowledgeable about the products (they thought); they could get
information about virtually anything via web pages. And with this new
fast-paced speed of business, they had virtually no spare time to see
salespeople. Oh yes, re-engineering kept re-inventing itself under
different names until, today, most companies are a mere shell of what
they once were only a few years ago. So the survivors are extremely
pressed for time.
New Challenges Require New Tools
It’s a shame that the sales forces of most companies are still trying to
fight this new battle using the weapons of sales invented in the 1950s.
Virtually all salespeople still focus on product knowledge as their
primary tool to compete. They arm themselves with marketing
material that supports the “better mousetrap” theory and sales
campaigns that drive product into the customer’s face. Now
salespeople focus their day on getting in, answering objections, and
confronting customers on why “they (the customer) must get this
product.” Struggling for scraps of people’s time and to make their
numbers, too often salespeople go home exhausted and frustrated. But
it doesn’t have to be that way. New challenges require new tools and
new methods.
Why? Because using a Product-Focused Sale will not work
consistently enough from year to year to succeed. It may work in a few
cases (that’s why companies still think it’s good), but it’s not good
enough to sustain true sales growth and customer loyalty. In fact,
companies who rely on the Product-Focused Sale as a method to
“SO, WHAT’S YOUR PRICE?”
6
succeed are plagued by constant near misses to their sales plan and
stressed-out managers who are constantly blaming the salespeople for
the lack of sales success. Thus, they turn over salespeople continually
either by driving them out or terminating them. They do this in their
constant search for salespeople who are excellent “like we had when I
was selling.” But the numbers just keep falling short. Every once in a
while, a year comes in over plan (usually when an unexpected spike in
demand emerges), and, because “a rising tide raises all boats,” as soon
as the market spike slips away so does the great success. Then
managers go back to blaming the salespeople, “What are you people
doing out there? You were successful last year! Now get out there and
show our New Super XYZ product to every one of your customers!
They will love it!” That’s the old, Product-Focused Selling Game.
In the New Selling Game, sales professionals must build trust and
long-term relationships for both the company and themselves to
succeed year after year. No longer is it enough to “show our New
Super XYZ product to every one of our customers!” Without a new
customer-over-product focus, everyone is doomed to generate a
constant seesaw of peaks and valleys on their sales charts.
The Partnership Selling Process™ Is Born
During the mid-1970s, Xerox lost its best and most powerful
differentiating factor: plain paper copying. Seemingly overnight, the
market was flooded with new plain paper copiers from IBM, Kodak,
Minolta, 3M, Savin, Toshiba, Canon, Ricoh, and others. The once
Master of the Market was being attacked from all sides. Large
numbers of salespeople were leaving the company, and those of us
who stayed had to start changing our approach to succeed.
We were able to hold off the competition for a while even though
they were cheaper and could be leased or purchased. At that time,
customers only rented Xerox equipment and could cancel it at any
time. During this hand-to-hand combat with the competition, I found I
INTRODUCTION
7
needed to create a new way of selling, using the basic selling skills
that I had learned in new ways, so I could survive and then thrive.
After leaving Xerox, I landed in the medical business selling
devices and consumable products to hospitals. Here the Product-
Focused Sale was still KING, and product differentiation was still the
way to win. But I noticed a big difference right away—relationships
and trust were as important if not more so than the products and the
pricing. For the first three months in my new territory, I tried the
Product-Focused Sale as my company and my sales trainer instructed
me to do. The result was a complete disaster! After 90 days, I was at
the bottom of the sales force and had a negative commission balance
of $6,600!
From a star player to the rock bottom, fast! Then and there, in the
spare bedroom of my first house, I began to develop the concepts,
methods, and tools of what has emerged over the years to become the
Partnership Selling Process™, a “Customer-Focused Sale” model.
Just as with anything new, I was reluctant to tell anyone what I
was doing because I didn’t know if it would work. As I applied the
basic skills that Xerox had taught me with my own twists and added
tools, my numbers began to improve. And by the end of that year, I
was the Number 1 salesperson in the company by a huge margin. My
meteoric rise in the rankings caused many top brass to fly out from
headquarters to see what I was doing and how I was doing it. They
even hired a consultant to detail my every move for nearly a week.
The result—at the company, nothing changed; they continued to
provide the same training and tools or sales collateral. But in our
district, I took on the role of sales trainer and helped our team to
succeed.
So what was I doing differently from the others? How did I
achieve the results in such a short period in my first year? Could YOU
do the same in today’s marketplace? How do you begin?
“SO, WHAT’S YOUR PRICE?”
8
I will reveal the answer to all these questions in this book. My goal
is to help YOU achieve the level of success YOU want plus
experience the JOY and REWARDS of working in the BEST career in
the world! It will take time, focus, energy, and discipline. But as one
of my clients said, “No one who has truly followed all the steps of the
Partnership Selling Process (PSP™) has ever missed their sales plan.”
Do YOU want to join that exclusive club of sales greats in your
company? If so, this book is for YOU!


About Mike Carson

Mike Carson is a performance consultant, keynote speaker, executive coach, trainer, and author. He is the founder of Carson International—a performance-consulting firm dedicated to helping companies increase their bottom line “without spending one thin dime more on marketing or adding one more salesperson.” Mike consults for businesses from start-ups to Fortune 500 companies.

He is a results-oriented professional, who has been successful in sales, marketing, service, operations, and senior management positions at Xerox, Baxter Healthcare, and Picker (Marconi) International. His skill in creating hands-on practical solutions to company problems coupled with his “Edutainer” style of delivery has helped make his workshops, consulting, and programs effective and sustainable.

In October 2006, he was chosen as the sales trainer for Emerson Corporation, in St. Louis, Missouri, by a select group of sales and human resource vice presidents throughout the organization.

Mike earned an MBA from the University of Southern California. He is an active Board Member of the Association of Professional Consultants (APC) and Peppermint Ridge (A Residential Community for Developmentally Disabled Adults).

Mike lives in Southern California with his wife Cyndy.

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