Do You Have a Sales Strategy for a New Economy?

Have you found that what worked in sales even five years ago no longer works today? In this video I will share a few must-know strategies for selling in this entirely new economy.

Click on the video below:

Three Sales Strategies for a New Economy

#1. Forget features and benefits. Prospects don’t care about your product, service or its features. Quite frankly, all they actually care about are their own issues and objectives. So rather than focus your conversation around all of the bells and whistles that your product or service provides, instead focus on what’s really going on in the prospect’s world.

#2. Consider what has changed in the prospect’s world. Then, use this information to engage your prospects. Come up with a piece of information or an idea that’s dramatically affecting in their world, and then use this to reel them into the conversation.

Don’t just tell them what they want to know or already know, but rather, tell them something they don’t know, that they need to know. This will pull your prospects into engaging with you.

#3. Ask prospects questions that uncover key challenges that they are actually facing. Imagine that I’m talking to a prospect over the phone and I say, “You know, George, a lot of my clients right now are coming to me because they’re worried about increased sales competition; they’re frustrated from getting beaten down on price; or they’re worried that their sales pipeline is simply too small.”

By using a simple approach in which I just lay out a couple of common challenges, I’m basically fishing to see what the prospect is going to latch onto. And if none of those challenges ring true to the prospect, then you’ll realize that perhaps this individual wasn’t qualified in the first place.

So once you have actually asked these kinds of questions, you can then simply dig deep to really understand your prospect. With this approach you’ll stand out from the competition by light years and thus close many more sales, because your competition is essentially only pitching their products and services rather than learning more about their prospects.

Do You Have a Sales Strategy for a New EconomyThose are the three strategies for selling in the new economy. The economy has changed; you must change to set yourself apart.

I want to hear from you regarding which of these three ideas you found most useful. Be sure to share below in the comments section and I will get to as many comments that I possibly can.

And by the way, for more videos on selling in this new economy, click right here and you can get access to more videos just like this, or just go to where you’ll find a bunch of other great resources to help you take your sales to that next level.

Get 25 tips to crush your sales goal. Written by Marc Wayshak, sales strategist & author of the book, "Game Plan Selling."

Enjoyed this article? Please share away!
Get instant access to our free sales training:

Why Prospects Push Back on Price, Give 'Think-It-Overs,' and Ghost in Sales Until They Meet a Sales Superstar Who Is Following These 7 Simple Keys

9 reasons why top salespeople succeed

About the Author Marc Wayshak

Marc is is the best-selling author of three books on sales and leadership, including the highly acclaimed titles Game Plan Selling, The High-Velocity Sales Organization and his forthcoming book, Sales Conversations, Mastered.

Marc is a contributor to Inc, HubSpot, Fast Company, Entrepreneur Magazine, and Huffington Post Business. He also hosts a popular YouTube channel on sales strategy with over 103,000 subscribers.

Marc helps thousands of people his data-driven, science-based approach to selling that utilizes all the best tools available to sales organizations today.

Related Articles

Sales Training Essentials [Close More Sales]

Sales Training Essentials [Close More Sales]

The PERFECT Elevator Pitch to Close More Sales

The PERFECT Elevator Pitch to Close More Sales

9 Sales Tips for Small Business [Sales Ideas!]

9 Sales Tips for Small Business [Sales Ideas!]

How to Sell High-Ticket Products and Services [For CLOSERS]

How to Sell High-Ticket Products and Services [For CLOSERS]

Sales 101: A Sales Beginner's Guide to Closing the Deal

Sales 101: A Sales Beginner’s Guide to Closing the Deal

Top Qualities of GREAT Salespeople

Top Qualities of GREAT Salespeople