5 Stupid Questions That Cost You Sales and Money

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- Now asking questions is one of the most powerful things you can do in sales. But here's the thing. A lot of salespeople out there get into the habit of asking the wrong questions which ultimately kills their deals and cost them sales and money. So in this video, we're gonna show you the top five stupid questions that are probably costing you sales and money. (light music) Hey everybody, what's going on. So in this video, I'm gonna shed light on the five top stupid questions that are probably costing you sales and money. And by the end of this video you're not only gonna know which questions to completely avoid but I'm also gonna give you an alternative so that you can ask the right questions and close more deals. Now, before we go ahead and get started with this video, make sure you give this video a like if you're excited to hear what these top five stupid questions are, and if you haven't already make sure you subscribe because I'm gonna be dropping new sales video two times per week. And if you wanna make sure you'd get notified make sure you hit that notification bell. And one quick thing in the comments go ahead and leave your number one sales challenge in the comments because I do read every single comment and it helps give me new ideas to make videos for you guys. Now moving into the top five stupid questions. Now, the first stupid question is gonna be, is now a good time to chat? Now, this typically happens when you are cold calling and a lot of people cold calling out there, you know, they ring the phone, they talk to the prospect, and the first thing they say is, is now a good time to chat? Now, the problem with this is that if you say, is now a good time to chat? You open up the opportunity for the prospect or the whoever you wanna talk to, to say no, right? Because if you say is now a good time to chat? Even though they picked up the phone, and they're just taking your call it doesn't mean they actually wanna talk to you. So if you ask that question they may say no, then you're fighting an uphill battle. And then you're never even gonna build the rapport and trust to even get into a selling conversation, and the call will end right there. So instead what you wanna do especially if you are cold calling is instead of saying, hey is now a good time to chat because that's exactly what you don't wanna do. You wanna say something like this? "Hey John, I'm a little lost. Do you mind if I take a second to tell you why I'm calling?" And John, whoever or whoever you're talking to is gonna say, "Yeah sure, what's up?" And then you can start the selling process from there. But if you give the prospect an opportunity to say no so quickly especially at the beginning of the call, then you might actually just kill the deal and the sales meeting right there. But if you kind of just play like, hey, I'm a little lost, like, "Hey John, I'm a little lost. Do you mind if I take a second to tell you why I'm calling?" Then that person's gonna be a lot more open to taking your call. So that's gonna be one of the top stupid questions when it comes to cold calling. And if you wanna see more on cold calling, I have a video on exactly how to do that, link's gonna be somewhere on the screen or down in the description. Now, moving on to stupid question number two, and that is gonna be are you the decision maker? Now, during any time of the sales process, you wanna know who the decision maker is because if you don't know who the decision maker is then you can't actually close the deal, right? But the thing is, you wanna ask it in a way that is very subtle and it doesn't really put the prospect in the position where they are more likely to lie to you. For example if you ask someone directly, are you the decision maker? Most people are just gonna say yes even if they're not the decision maker, right? Because a low level person always wants to pretend like they're in power. So they'll say, yeah, make all the decisions. When in fact they have to get approvals from other people, teams, maybe their bosses or whatever the case is. Even if the person is actually the decision maker they may actually not say they're the decision maker because it's a negotiating tactic so that they can use that sometime in the future to lower the price or to get more favorable terms. So instead of asking someone directly, hey, are you the decision maker? And you know, that's kind of off putting, and it's too direct, and people don't wanna really answer you, instead what you can say is, "Hey, is there anyone else we need to involve before making a decision?" And you can kind of see here I'm using a lot of we and I'm just asking hey, is there anyone else we need to involve, right? It could be your boss. It could be someone on a whole different team that has to approve it. You know, whatever the case is, you're not directly saying hey, are you the person that is gonna make the decision? Because that's not, it's too direct. And it's too, people feel like they're being attacked. So instead you wanna come off of a more collaborative voice and say, "Hey listen, is there anyone else we need to involve before making a decision?" And the person is a lot more likely to answer you truthfully and show you exactly how the decision making process works at the company they work at, or the company that they own. All right, so we're gonna move into question number three. And that is what do you dislike about your current vendor? Now, here's the thing when you're having a sales meeting a lot of times you know, the prospect or the person you wanna sell into is already using maybe your competitor or an alternative. And you're trying to get them to see a different perspective and maybe use your product or service instead of somebody else, right? Now, here's the thing. Even if someone is using a competitor already they don't wanna necessarily talk bad about the products that they are already using, right? Because I actually can bite them back in the future. So if you asked somebody, "Hey, you know, what do you dislike about your current vendor?" They're not gonna tell you because why should they tell you, right? Because they're, maybe they're somewhat happy. Maybe not everything's perfect, but why should they tell a complete stranger or sales person about their problems, right? And you wanna think of it, like not just in sales, but in everyday regular life people don't necessarily like to dump their problems on other people. They want to share their problems with people that they can trust in hopes that the other person might be able to give them insight and help them. So when in sales is the exact same thing. Instead of asking someone hey, you know, what do you hate about your vendor the most? People don't tell you the answer to that because it's too personal, you haven't built enough trust, and it's too direct of a question. So instead what we can do is we can ask a different variation of that question and ask, hey, you know, listen for your current vendor, if you were to give them a one out of 10, one being not good at all, 10 being they're perfect, what would that be? You know, where would they land? Right, something like that. And usually the prospect will either give you a number like seven or eight or nine, and all you have to do no matter what number they give you is let's say they give you a seven right? They say, hey, our current vendor is good, they're a seven, but they're not perfect." All you gotta do as a salesperson is ask, okay, seven's not bad, but I'm just curious what's actually missing from what they're doing that would get them to a 10? And so if you're asking them this way you're not saying exactly what they're doing bad. You're just saying, you know what are the opportunities that they can actually be better in? So if a prospect is already using a competitor and there are some gaps or room for improvements, then you wanna see what those gaps are and see if you can actually fill in those gaps and that will actually lead you to starting a conversation on whether or not you can actually replace your vendor or maybe act as a compliment to the vendor and, you know stack your product or service on top of theirs, and maybe that's how you might be able to get the sale. Now, if you just wanna like talk bad about a current vendor and say, oh, they suck. Or, oh, you know, they're not good, here's why? People aren't gonna trust you because you're just bad mouthing somebody without real reason. Because if they chose that vendor, obviously they chose it for a reason. So if you bad mouth them you're not only trying to make that vendor look bad, but you're also trying to say that the prospect made a bad decision and nobody likes to be wrong. So instead you just wanna say, hey, what are the things that we can actually do better here, you know? So basically you just wanna position your product or service as a way to fill in the gaps. And then that's how you're gonna be able to sell into companies that already have a competitor in place, or act as an alternative to a product or service. All right, so now we are gonna move into question number four and that is, do you need time to think it over, right? This is one of the most cop-out phrases that you can use in sales when you're nervous or you don't know what to say. And here's the thing. A lot of times prospects or whoever you're trying to talk to, they will tell you that they need more time to think about it, right? So the thing is a lot of times, most prospects already do this, right? So you do not wanna prompt them into this phase because time kills most deals. So the more time that passes the more likely someone is to not buy your product or service, right? You want them to understand exactly what they need to know before making a decision, and try to make, get them to make a decision quickly because you know, delaying a deal doesn't do anyone any good, it doesn't do you any good, it doesn't do them any good, right? If you can actually genuinely help them why not make the decision sooner? I'm not saying that you have to force a customer to buy right there on the spot. Especially like closing on one phone call, especially if it's a big decision, most people don't do that. However, you just wanna make sure that you don't get the prospect to delay a deal too long. And one of the worst ways to do that is to say do you need time to think it over? So a alternative question you can ask to get a timeline on when someone is more likely to make a decision and try to shorten that timeline is to ask a simple question, like, is there a timeline you have on when you would like to make a decision? So instead of just asking, hey, do you need time to think it over? I'm asking for a specific timeline. They might say three days, they might say one week, they might say one month, right? So if it's in a range that is a reasonable for you, they might say, hey, I can make the decision by the end of the week. And you wanna roll with that, then you can go ahead and roll with that. And everything's good. Now, if they say something like, hey, I need two months to think about it. What you wanna do is you wanna shorten that timeline, right? Because you wanna ask questions like okay, two months, I totally understand where you're coming from, but what exactly needs to happen in those two months before you actually make a decision? Because I wanna make sure you have all the information you need now so you don't have to delay anything, right? So basically if someone tries to give you a long timeline you wanna figure out why exactly they're giving you that timeline and you know, give them information that will actually shorten that timeline because why would you wanna waste time so much time making a decision when you can make it a lot more quickly? So not only it helps the salesperson and your business because you're generating revenue more quickly but it also helps the prospect because they don't have to waste time thinking about what they should do. And instead you're giving them all the information they need to actually make the decision a lot sooner. Now we're gonna move into the next question, which is question number five. And that is, can I send you an email with more information? Now typically when this happens during a sales meeting it's usually when the prospect is not really interested and the sales person doesn't really know what to say or how to handle the objection. So they'll just say, hey, you know I'll just send you information or more information over email, and you can make a decision. Now here's the thing, most people, when you send them that email are never going to make a decision and never gonna persuade them with more information like, especially with case studies, or PDF, or you know, something like that, because if they're not able to see whether or not they're interested on the phone call with you of a sales person, which is your job, then you know, a PDF or something that is not gonna get the job done either. So instead of just saying like hey, you know, I'll send you more information instead what you wanna do is if somebody asks you, like, just send me more information. You wanna say something like, okay, I can send you some more information, but you know what kind of information exactly are you looking for before you actually know whether or not you can make a decision, right? And by understanding what kind of information someone is looking for, instead of actually sending that information via email, what you can do is talk about it over the phone because you know, in a sales process it's not just like your trying to sell them, you're trying to qualify whether or not they're gonna be a good fit for your product or service. So instead of wasting time and delaying deals and sending emails back and forth, you know, over a long period of time, which may result in no sale at all, instead you wanna say like so, hey, listen, I wanna be real with you and I don't wanna waste your time. I don't wanna waste my time either. So I'm curious to know what information do you need before you actually make a decision? Because I think these are things that we can actually talk over the phone so we don't have to waste time emailing each other back and forth. Is that okay with you? They're gonna say, okay, sure. And then they'll tell you exactly what information they need to know. And you're gonna figure out right there on that call, whether or not they are a qualified prospect someone who is qualified to purchase your product or service or if they're not totally fine just move on to the next person. But if they are then you can, then you can continue the sales process without having to delay anything by sending emails back and forth. So with that said those are gonna be the five most common stupid sales questions that may be costing you sales and money. Make sure you avoid these questions at all costs. And if you already have the habit of asking these hard questions, go ahead and replace them with the alternatives that I already gave you in this video. And if you made it to the end of this video make sure you give this video a like because every like does help this video reach new audiences. And if you haven't already make sure you subscribe because I'm gonna be releasing two new videos every single week, and in the comments let me know what your number one sales challenge is because I'm gonna be making videos based on the comments and feedback that I get. And I wanna make sure I wanna make quality content just for you. With that said, that's it for this video. And I'm gonna see you guys in the next one.
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Channel: Patrick Dang
Views: 28,212
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Keywords: Cost You Sales, Questions Cost You Sales, Stupid Questions Cost You Sales, bad sales questions, sales questions you should never ask, Stupid Questions, how to ask sales questions, objection handling, questions cost you sales, cost, question, patrick dang, sales, sales training, sales objections, Questions That Cost You Money And Sales, questions that cost you sales, money and sales, sales questions, Dumb Questions That Cost You Money And Sales, questions, patrick, sales tips
Id: TyubRxDM6zM
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Length: 12min 33sec (753 seconds)
Published: Tue Oct 01 2019
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