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I Propose
Many companies and their decision-makers
require written proposals, and if you are
like many sales people, you probably shudder
at the thought of this request. However,
writing a good proposal doesn't have to be
painful providing you keep a few points in
mind.
First, recognize that closing the sale in a
business proposal is a process, not an
event. It doesn't occur just because you
have asked for a commitment or because you
have presented all the features and benefits
of your product or service. When a customer
or prospects agrees to do business with you
after reviewing your proposal, it means that
you have addressed their key issues and
demonstrated exactly how your solution will
benefit their company. This requires a bit
of strategic planning.
Unfortunately, too many sales people spend
too much time talking about their company,
product or service at the beginning of the
proposal. The drawback with this approach is
that decision-makers are extremely busy
which means they don't want to waste their
time reading something that has little or no
relevance to their situation. Salespeople
will argue that this information is critical
and that they need to present it in order to
show how their solution is appropriate to
the customer's situation. While this is
true, it is essential to direct your initial
focus on the customer and demonstrate that
you have a good understanding of your
prospect's issues and concerns.
Great proposals often start with an
executive summary which highlights the
prospect's current situation or problem and
how this issue is affecting the company.
This means you need to ask your prospect key
questions during your conversations. In the
hundreds of sales training workshops I have
conducted over the years, I have discovered
that the vast majority of sales people fail
to ask their prospects sufficient
insightful, thought-provoking questions. As
a result, they fail to understand the
negative impact of a particular problem on
the company's business. However, stating the
impact of the problem in your proposal can
reinforce to the decision-maker, the
importance of implementing a solution.
Closing the sale in a proposal means
positioning your solution and demonstrating
exactly how your prospect will benefit by
using your product or service. Far too many
sales people forget this critical element.
They discuss many of the features and
benefits of their solution but they fail to
outline the impact of their solution on the
prospect's business. The challenge is that
the majority of sales people do not discuss
this with their prospect. Therefore, they
cannot address it in their proposal.
Reduce the prospect's risk. Many people
would rather tolerate working with a vendor
who is not performing well rather than make
a change because of their fear of the
unknown or the pain that is often associated
with making a significant change. I once
retained the services of a particular
individual even though I was not completely
satisfied with his work simply because I
dreaded the hassle of finding a new vendor.
If this is a potential concern of your
prospects, then offer some type of
reassurance or guarantee to reduce or
eliminate this fear.
Closing the sale in a proposal also requires
some form of action or commitment. Ending
your proposal with a feeble statement such
as, "If you have any questions please let us
know" is not effective. It is essential that
you clearly outline the next step(s) you
expect from your prospect along with a time
frame.
Lastly, keep your proposal as brief as
possible. Unless your solution is extremely
complex, you need to keep it short, clear
and concise because executives simply don't
have time to read a fifty-page document.
Besides, short proposals are usually much
easier to read and understand. I recall the
very first proposal I was required to
present. Because I didn't know any better, I
only included information that I felt was
relevant to my prospect and was able to
outline a thirty thousand dollar project in
just three pages. After we reached an
agreement I asked what influenced their
decision and was told, "Your proposal was
easy to understand."
The bottom line? If you have asked your
prospect enough of the right questions and
positioned your solution in a manner that
demonstrates exactly how your solution is
the best one for your prospect, and removed
the risk, you increase your ability to close
the sale.
© 2008 Kelley Robertson, All rights
reserved.
Kelley Robertson, author of The Secrets of
Power Selling helps sales professionals and
businesses pinpoint what they need to do
differently to improve their sales. Receive
a FREE copy of "100 Ways to Increase Your
Sales" by subscribing to his free newsletter
available at
www. kelleyrobertson.com. Kelley
conducts workshops and speaks regularly at
sales meetings and conferences. For
information on his programs contact him at
905-633-7750 or
Kell ey@RobertsonTrainingGroup.com.
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