Ask Management Information System Expert

Please watch for following video:
https://www.youtube.com/watch?v=cFdCzN7RYbw

Now read the following article:
Source: http://thesalesblog.com/blog/2012/06/22/asking-for-the-commitments-you-earned/

Asking for the Commitments You Earned

By S. Anthony Iannarino

Have you ever had a salesperson ask you to buy before they had done the work to deserve that commitment? Remember how you felt that there was some invisible line that they just jumped over, pen and contract in hand?
Ever been that salesperson?

To compress your sales cycle in a business-to-business sale, you have to ask for the all of the commitments you need to move an opportunity forward. The more of the commitments you can ask for and gain in a single meeting, the faster your sales cycle. Ask for fewer of the commitments you need during each interaction and you slow your sales cycle. You need to move as far along in the process as you can during each interaction with your dream client.

That said, one of the fastest ways to damage an opportunity is to ask for a greater commitment than you have actually earned the right to ask for. Asking for more than you deserve can damage your relationship. This is why always be closing doesn't mean that you always ask for the deal. It means you always ask for the commitment that advances your opportunity.

It means you always ask for what you have earned, and you always do the work to ensure you deserve the commitment you are asking your dream client for.
Too Fast and Too Slow

Getting commitment-gaining wrong means you aren't matching your dream client's needs.
Getting it wrong one way means that you're saying "Your place or mine?" It's too fast. Your relationship may not yet have reached the point where you and ask for the greatest commitment you will later ask for, after you have done the work to deserve it. It's a violation of trust.

Getting this wrong the other direction means you aren't matching your dream client's needs for results. Going too slow and taking too much time to work through your sales process-and your buyer's buying process-means you are depriving them the better future result you could be getting them sooner. That's leaving money on the table.

Now watch this video about an annoying salesperson who keeps appearing, trying to gain commitment too quickly...
Over-committed Salesman Video.mp4

What Matters

Your sales process matters. The time it takes you to move an opportunity from target to close matters. Asking for all of the commitments that you need matters, too.

But your ability to create the value necessary to deserve the commitments you are asking for matters most of all.

Now answer the following questions:

Questions

What happens to relationships when you ask for commitments you haven't earned?

What is the result of asking for fewer commitments than you really need during a sales interaction?

 

Management Information System, Management Studies

  • Category:- Management Information System
  • Reference No.:- M92042096
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Management Information System

Search the csu library the internet or any specific

Search the CSU library, the Internet, or any specific websites, and scan IT industry magazines to find an example of an IT project that had problems due to organizational issues. Write a paper summarizing the key stakeho ...

Question how can company protect the new emerging

Question : How can company protect the new emerging technology ventures from profit pressures of the parent organization (APA format required, Turntin check required . Minimum 250 words essay) How do companies overcome l ...

Communication and team decision makingpart 1 sharpening the

Communication and Team Decision Making Part 1: Sharpening the Team Mind: Communication and Collective Intelligence A. What are some of the possible biases and points of error that may arise in team communication systems? ...

Question provide an explanation of ifwherehow does active

Question : Provide an explanation of if/where/how does Active Directory support network security,14 pages (2,000-2,500) in APA format. Include abstract and conclusion. Do not include wikis, message boards, support forums ...

Question how companies could effectively use emerging

Question : How companies could effectively use emerging technology to win over its competitors. APA format required. 250 words essay required. The response must be typed, single spaced, must be in times new roman font (s ...

Question how customers could effectively use emerging

Question : How customers could effectively use emerging technology to win over its customers. APA format required. 250 words essay required. turntin check require. The response must be typed, single spaced, must be in ti ...

Part 1 - create an 8 slide powerpoint presentation on

Part 1 - Create an 8 slide PowerPoint presentation on foundational concepts specific to physical security. Part 2 - Write 4 pages detailing the framework for the design of an integrated data center. Assessment Instructio ...

In chapter 2 of the text - managing amp using information

In Chapter 2 of the text - Managing & Using Information Systems: A Strategic Approach, the chapter discusses why information systems experience failure often because of organizational strategy. A classic example of this ...

Review at least 4 articles on balanced scorecard and

Review at least 4 articles on Balanced Scorecard and complete the following activities: 1. Write annotated summary of each article. Use APA throughout. 2. As an IT professional, discuss how you will use Balanced Scorecar ...

Data resources management questionsq1 the dama dmbok

Data Resources Management QUESTIONS Q1. The DAMA DMBOK textbook describes the following two core activities as part of the Data Architecture management exercise: "Understanding enterprise information needs" and "Develop ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As