June 25, 2009

The Art of Selling

The following are lessons learned from David Ogilvy’s “The Theory &Practice of Selling the Aga Cooker”. Fortune Magazine called this the best sales manual ever written. Ogilvy wrote this manual in the early 20th Century when he was a door-to-door salesman for the Aga Cooker company.

Tell the person who opens the door (receptionist, secretary, etc.) frankly and briefly what you are there for.

It will get them on your side.

Never get in the door on false pretenses. No one likes a liar.

Study the best time to call on folks.

It may be at unorthodox times.

In general, study the methods of your competitors and do the exact opposite.

The worst fault a salesman can commit is to be a bore.

Be interested in the subjects your prospects are interested in.

The more they talk, the better off you are.

Pepper your talk with anecdotes and jokes.

Accumulate a repertoire of illustration.

Never forget the most powerful phrase in sales:“Let me tell you a story.”

Avoid at all costs any standardization in your sales talk.

If you find yourself one fine day saying the same things to a bishop and a trapezist, you are done for.

When the prospect tries to bring the interview to an end, go gracefully.

It can only hurt to be kicked out.

The more prospects you talk to, the more sales you expose yourself to, the more orders you will get.

But never mistake a quantity of sales for quality of salesmanship.

Quality of salesmanship involves energy, time and knowledge of the product and the customer’s needs.

Two ways to sell: Attacking and Defending.

Attacking: For the Aga cooker, Ogilvy developed 12 arguments to attack prospects.

These ranged from economical arguments to arguments that appealed to cooks only.

If you can’t attack the prospect with arguments about your product, don’t expect to make the sell.

If you don’t believe your prospect actually needs the product you are selling, don’t sell it to them. No sale is better than a bad sale.

Defending: Preparation is everything.

The ideal aim is to make your attack so thorough that the enemy is incapable of counterattack.

This will rarely happen.

Be prepared that your prospect will have a brain.

Be prepared for any and all objections to your product.

If you don’t know your product better than anyone, don’t expect to make many sales.

Defending Against Competitors

On no account sling mud against your competitors.

It will carry little weight coming from you, and it will make the prospect distrust your integrity and dislike you.

The best way to tackle the problem is to find out all you possibly can about the merits, faults and sales arguments of competitors, and then keep quiet about them.

Your knowledge of your competitors will help you make a more convincing case for your product.

Defending Against Price

This is the supreme test of your salesmanship.

Your voice, your manner, your expression, even your smell, must be controlled and directed to soften the blow.

Be specific about the price.

Be factual about the price.

Be definite about the price.

Don’t give your personal opinion about what is or is not expensive.

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