Welcome to my blog about my recent podcast episode with Jeremy Miner from 7th Level Communication. In this episode, we talked about how to improve sales using behavioral selling versus traditional methods of selling. Jeremy shared his insights on his selling method called NEPQ training, which is a scientific sales methodology that rests on the psychological principal that salespeople are at their best when they allow the prospect to persuade themselves.
In this blog post, I will be sharing some of the key takeaways from the podcast episode and provide some additional insights into how to apply these concepts to your own sales process.
Behavioral Selling vs. Traditional Methods of Selling
Traditional methods of selling involve a salesperson trying to convince a prospect to buy a product or service by presenting a list of features and benefits. Behavioral selling, on the other hand, is based on the idea that people buy based on emotions and values, not just rational thinking.
Behavioral selling involves understanding the prospect's needs, wants, and motivations and then tailoring the sales pitch to address those factors. By using this approach, salespeople can build trust and rapport with the prospect and create a more personalized sales experience.
NEPQ training is a type of behavioral selling that focuses on four key elements: Need, Emotional Connection, Pain, and Quality. By understanding these four elements and using them to guide the sales process, salespeople can create a more effective and persuasive sales pitch.
Understanding the Prospect's Needs
The first step in NEPQ training is to understand the prospect's needs. This involves asking questions to gather information about the prospect's goals, challenges, and pain points. By understanding the prospect's needs, salespeople can tailor their sales pitch to address those specific concerns.
One of the key strategies Jeremy shared for understanding the prospect's needs is to ask open-ended questions. These are questions that require more than a yes or no answer and encourage the prospect to share more information about their situation.
For example, instead of asking "Do you need a new CRM system?", a salesperson using NEPQ training might ask "What challenges are you currently facing with your current CRM system?" This type of question encourages the prospect to share more information about their needs and challenges, which can help the salesperson tailor their pitch more effectively.
Creating an Emotional Connection
The second element of NEPQ training is creating an emotional connection with the prospect. This involves understanding the prospect's values and goals and showing how the product or service can help them achieve those goals.
One of the key strategies for creating an emotional connection is to use storytelling. By sharing stories of how the product or service has helped other customers achieve their goals, salespeople can create a more emotional and persuasive sales pitch.
Another strategy is to use language that resonates with the prospect's values. For example, if the prospect places a high value on sustainability, a salesperson might talk about how the product or service is environmentally friendly and supports sustainable practices.
Addressing Pain Points
The third element of NEPQ training is addressing the prospect's pain points. This involves understanding the challenges and obstacles the prospect is facing and showing how the product or service can help them overcome those challenges.
One key strategy for addressing pain points is to use social proof. By sharing testimonials and case studies from other customers who have successfully used the product or service to overcome similar challenges, salespeople can build trust and credibility with the prospect.
Another strategy is to use data and statistics to demonstrate the impact of the product or service. For example, if the product or service can help the prospect save time or money, a salesperson might share data on how much time or money other customers have saved by using the product or service.
The fourth and final element of NEPQ training is demonstrating quality. This involves showing how the product or service is superior to other options on the market and how it can deliver real value to the prospect.
One key strategy for demonstrating quality is to focus on the benefits of the product or service, not just the features. By showing how the product or service can deliver real value to the prospect, salespeople can create a more persuasive sales pitch.
Another strategy is to use visual aids and demonstrations to showcase the product or service. For example, if the product or service is software, a salesperson might give the prospect a live demo of the software to show how it works and how it can benefit their business.
NEPQ training is a powerful sales methodology that can help salespeople improve their sales effectiveness by focusing on the prospect's needs, emotions, pain points, and quality. By using this approach, salespeople can create a more personalized and persuasive sales pitch that resonates with the prospect and helps them make a buying decision.
If you're interested in learning more about NEPQ training and how it can help you improve your sales results, I highly recommend checking out the full podcast episode with Jeremy Miner from 7th Level Communication.
Behavioral selling is a powerful approach to sales that can help salespeople create a more personalized and persuasive sales pitch. By focusing on the prospect's needs, emotions, pain points, and quality, salespeople can build trust and rapport with the prospect and create a more effective sales process.
If you're looking to improve your sales results, I highly recommend exploring the concepts of behavioral selling and NEPQ training. With the right tools and strategies, you can become a more effective and persuasive salesperson and achieve your sales goals.
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