FAB Selling is Dead and Sales People Need to Work Smarter
Legacy signals
Legacy popularity: 1,551 legacy views
Legacy rating: 3/5 from 2 archived votes
With both the public and commercial sectors facing an ongoing lack of confidence and cut-backs in spending budgets, and competition becoming more aggressive every day, sales people are operating in an environment that is more challenging than ever before.
As a result of these exte
al pressures, senior decision-making executives are making the sales process much more difficult and time-consuming for B2B sales professionals.
Buying decisions are being commoditised and bought on price…or they are being viewed as strategic decisions and are being made at a much more senior level, regardless of the size of business.
If sales people are to win strategic and profitable business, they need to sell more proactively and at a more senior level. But senior people don’t want to be sold products. They want a proactive consultative sale that delivers real business value, return on investment and quick payback in terms of cash flow.
Consequently, traditional sales techniques, such as Feature Advantage Benefit (FAB) selling, are dead. Traditional sales people need to adapt their sales techniques and evolve their selling skills in the process. Consultative selling is the only way forward, even for small businesses.
However, senior buyers are even less accessible these days because they are trying to succeed in a much more complex world and there’s a lot of sales people out there trying to steal their time to ask them meaningless questions or tell them about their latest great product.
People in a B2B sales role in the new world will need to be much smarter if they’re going to succeed. If they can’t be smarter, they need to work smarter. They need to develop practical and repeatable selling tools and consultative sales techniques – whether they are selling products, services, or a complex mix of both.
Article author
About the Author
Further reading
Further Reading
Article
The Greatest Story Ever Sold
Back in the late 1980’s, the Honda Motor Company ran a memorable series of commercials, the basic premise of which was that the company’s cars were so amazing, they sold themselves. This commercial’s “hook” was that it featured a salesman who was bored out of his mind and had nothing to do because the cars were so in demand they were practically walking off the lot. The brand’s slogan at the time was “Honda, the car that sells itself.” Ha!
Related piece
Website
Chase the Championship
From motivation and leadership skills to peak performance and sales training, chasethechampionship.com is dedicated to presenting you with strategies, advice and information vital to gaining the upper hand, acquiring power and finishing first.
Related piece
Article
Uncover True Joy
What is ‘Joy’? Is ‘Joy’ attainable? Webster’s defines ‘joy’ as “the emotion evoked by well-being, success, or good fortune or by the prospect of possessing what one desires.” Based on that, joy is definitely attainable. You see, each of us has our own definition of ‘well-being’, ‘success’, ...
Related piece
Article
Decision-Maker or Decision-Faker?
Excerpt from the book "Chase the Championship - Kicking Ass, Taking Names and Becoming a Dealmaker!" Stay far away from the boss’s underlings when you are in search of a decision. The heads of Marketing, IT, Human Resources, or whoever else is part of the “decision-making chain” for the product or service that you are selling should never be the people that you go after for a commitment.
Related piece