6/5/2017
Sales Training Ken Smith
This is Different for me! My usual audience is sales people
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A Question
How many feel as though they understand sales people?
I came to shocking revelation
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Here’s the revelation
Good underwriters are not that different from good sales people. It takes some of the same qualities to be successful at both.
Don’t write down anything I say!
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People only remember 10% of what said after 10 minutes. That’s too much
I want to pull out some thoughts that are lying dormant.
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What’s the difference between plagiarism and research?
Life is too short to learn what you need on your own?
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“Only a fool learns from his experience.
The wise man learns from the experience of others.” ‐Ben Feldman
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Success principles are like laws of nature‐ principles work 100% of the time
Principles of success (and sales) have been with us for thousands of years and haven’t changed.
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What happens to Underwriters who don’t use principles?
The principles are simple. Success is about mastering the principles.
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If you do what you’ve always done; You’ll get what you have always gotten. Tony Robbins
Selling (Underwriting) is 80% mental and emotional and 20% technical and physical. Brian Tracy
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Share Several Principles You draw your own conclusion
Principle #1 ‐ Enthusiasm
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Frank Bettger
Fired from the baseball team.
Enthusiasm Benefits: • Overcame fear • Affected other players – they became enthusiastic • Felt better after the game
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Bettger was failing as salesperson
Enthusiasm William James made great discovery. Feelings follow actions. If you want to be a certain way, all you have to do is act that way.
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Enthusiasm
What happens to your prospect when you are enthusiastic?
Two guys are in a guard house
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Principle #2 ‐ Attitude
ATTITUDE
Sales are contingent upon attitude of the salesperson – not the prospect. W. Clement Stone
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Attitude
1. New Policy with Commercial Causality 2. New Agent ‐ Leads
ATTITUDE
Steps you can take to have a good Attitude. 1) Be happy and smile
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ATTITUDE
2) Find people who win. Find people who succeed and listen to them.
ATTITUDE
3) Be careful what you allow into your brain.
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Your brain is like a computer… Good stuff in, good stuff out. Bad stuff in, bad stuff out.
ATTITUDE
Turn off TV
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ATTITUDE
Don’t watch local News
ATTITUDE Here’s the local News Who got shot. Who got beat up in a parking lot. There was a fire.
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ATTITUDE
Weather Winter you will freeze your ass off Summer you will sweat your ass off
ATTITUDE
Traffic Report The roads are full of cars
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Enthusiasm and Attitude
What is your take away from this section?
What was Principle form of transportation in the 1930s?
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What happened to the railroads by 1970s?
The problem was they thought they were in the Railroad Business
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Principle #3 Stop Selling Insurance or start solving problems
Last Year there were 20 million ½ inch drill bits sold…
..but how many people wanted to buy drill bits?
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What is the prospect’s or broker’s problem?
STOP SELLING INSURANCE
You can forget everything else in selling and underwriting – If you remember one thing
We Solve Problems!
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Stop Selling Insurance What does the prospect do when you only focus on product?
If I am buying an air conditioner,
I don’t care about the details of how it works, all I care about is that it will keep me cool on hot days.
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What does a good salesperson and a good lawyer have in common?
People hate to be sold, but they love to buy. What’s the secret?
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Socrates
Secret to Sales ‐‐ Questions Sales – finding out the other person’s wants and helping them get it.
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Questions 1) Let the other person know what you are thinking 2) Compliment to prospect by asking his/her opinion
Did you know Lawyers need to be buried 20 feet below ground?
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Because down deep they are really nice people.
Principle #6 Repetition
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Changing Culture or Yourself • Repetition
REPETITION
Sales people hate repetition.
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REPETITION
Repetition leads to mastery
REPETITION Have you ever tried something once? It didn't work you quit.
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REPETITION
REPETITION Listen to song 1x – Remember a few words 5x – Remember words with music 10x – Remember words without music
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My Secret
Ken Smith Connect with me on LinkedIn www.linkedin.com/pub/ken‐smith/5/778/821
Follow me on Twitter @kensmithCI
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Ken Smith Contact info: • WWW.kensmithsales.com •
[email protected] • 402‐730‐7394
A Lesson from Rocky
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