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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