SVFI June 18, 2013 Marketing & Sales - Russell Klusas

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Transcript of SVFI June 18, 2013 Marketing & Sales - Russell Klusas

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Selling More thanSales

Founder Institute 2013

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Founder Institute

A BIT OF

BACKGROUND

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Founder Institute

GENERALIST MANIFESTO

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Founder Institute

LET’S TALK ABOUT SOME SPECI

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Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Individuals

People are the key to selling.Understand people -- reallyunderstand people, and you’llnever have trouble selling

things.

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Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Face/Body

LanguageAcademics tend to say that90% of all communication isnon-verbal. Dr. House sayseverybody lies. If either of them are right, then learning

to read facial expressions andbody language could beincredibly helpful.

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Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

AnthropologyUnderstand individuals willallow you to get things done.Understanding groups of people, even entire societies,and you’ll be able to predictthe future.

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Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Psychology

Psychology. Neurolinguisticprogramming. Mirroring.Anchoring. This stuf  is superuseful. Learn it.

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Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Game Theory

The study of strategic decisionmaking. Does that sound likea bad skill to have?

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Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

BehavioralEconomics

People are shockinglyirrational, yet oftenpredictable human beings.

Open this can of worms, andyou will get addicted.

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Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Problem SolvingProblem solving / creativethinking is a muscle. Exerciseit. Grow it. Learn to seeopportunities whereeverybody else can only seeroadblocks.

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Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Finance / Math

Learn enough about financeand math to understand abalance sheet, read an incomestatement and calculate an

ROI.

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Founder INstitute

Individuals

Anthropology

Psychology

Game Theory

Behavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Code

There is no excuse forsomeone working in tech notto understand at least thefundamentals of webdevelopment.

Learn some basic HTML & CSS.It’s way easier than you think.

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Founder INstitute

Individuals

Anthropology

Psychology

Game TheoryBehavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

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Founder INstitute

Individuals

Anthropology

Psychology

Game TheoryBehavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

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Founder INstitute

Individuals

Anthropology

Psychology

Game TheoryBehavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Legal

Save yourself thousands of dollars, potentially millions inprofits and countless unhappysurprises. Learn to read, writeand assemble boilerplatecontracts.

http://startupcompanylawyer.com

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Founder INstitute

Individuals

Anthropology

Psychology

Game TheoryBehavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

NetworkingA large and influential networkof friends and colleagues thatlike, trust and preferably oweyou a favor may be the mostpowerful thing you can have in

sales.

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Founder INstitute

Individuals

Anthropology

Psychology

Game TheoryBehavioral

Econ

Problem

Solving

Finance / Math

Code / Tech

Legal

Networking

Deception

Deception

It would be great if everyonewas a “good person,” butthey’re not -- so it’sirresponsible not to learn thedeception/manipulationtechniques that will be usedagainst you.

Warning: These are defensivetactics. Use them of ensively andyou will get burned.

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Founder Institute

KNOW YOUR SHIT . . .

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Founder Institute

YOU

YOUR COMPETITION

YOUR COMPANY

SALES

PROCESS

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Founder Institute

YOU

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Founder INstitute

Your worth

Your reputation is everything.

Protect it at all costs.

Don’t sell shit.

Don’t sell shit shitty.

Your worth

Product worth

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Founder INstitute

Product Worth

Don’t price based strictly oncosts, margins or anythingelse -- price based on thevalue your product provides to

the customer.

Your worth

Product worth

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Founder Institute

YOUR COMPETITION

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Founder INstitute

Founder’s background

Funding

How do they make th

Age

Revenue

Biggest expenses?

Customers

Staf /Hiring

Sa

Industry Averages

Decision Makers

What keeps them awake at night?

Features

Benefits

Pivots

Wh

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Founder INstitute

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Founder INstitute

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Founder Institute

YOUR COMPANY

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Founder INstitute

Type of Business

• Price

• Features

• Marketing

Niche

• Sustaining vs Disruptive

Type of Business

Type of 

Revenue

Sales Method

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Founder INstitute

Type of Revenue

• Advertising

• Commerce

• Subscription

• Transaction Processing

• Referral or Peer-to-Peer

• Licensing

• Data

Type of Business

Type of 

Revenue

Sales Method AVC - Wilson

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Founder INstitute

Sales Method

• Price/Feature Based

• ROI

• Consultative

• S.P.I.N

Type of 

Business

Type of 

Revenue

Sales Method

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Founder Institute

SALES

SELLING MORE THAN SALES ACTUAL

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Founder INstitute

WindOppListensomet

to gconveconve

ListeningDon’t use the time yourcustomer is talking to thinkabout the next thing you’regoing to say.

Open Ended

Question Never ask a question thatcould be answered with one

word. Ask questions that willresult in significant sharing.

Interest GeneratorWhat are you going to say inthe first 10-15 seconds thatwill keep them from walkingaway, hanging up or hittingdelete.

Lear“No”You’re

Learn motiva “no”be a “

CRMCustomer RelationshipManagement gets more and

more important as you grow.At first it’s memory, thenemail, then excel/google doc,then Asana/Highrise, thenSalesforce/SugarCRM/etc.Watch out for RelateIQ --huge potential.

Closing TechniquesMost closing techniques areshit. The only one you HAVE

TO know is “Ask for the sale.”That being said, the followingcan be useful in deployed inthe proper context: trial,alternative, assumptive,conditional, and yes.

OvercomingObjectionsWrite down every objection

you hear. Come up with 3-5rebuttals. Try them out. Findthe 2-3 that work and haveeveryone on the teammemorize them.

SELLING MORE THAN SALES ACTUAL SKILLS

SELLING MORE THAN SALES ACTUAL

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Founder INstitute

SELLING MORE THAN SALES ACTUAL SKILLS

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Founder Institute

THE PROCESS

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Founder INstitute

Step 1: Rank your potential customer 1

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Founder INstitute

Step 2: Attack from the bottom up.

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Founder INstitute

Step 3: Be realistic with numbers 100 - 10 -1

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Founder INstitute

Step 4: It’s not as scary as you think. Just

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Founder INstitute

Step 5: Cold Call . . .I mean Cold Ema

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Founder INstitute

Step 6: Get the meeting? Great! Now shut-listen.

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Founder INstitute

Step 7: Get past the first meeting? Refer bbeginning.

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Founder INstitute

Step 127: Close the deal.

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Founder INstitute

Step 128: Count your money.

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Founder INstitute

Step 129: Ask for a referral. Referrals are

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Questions?Russ Klusas

[email protected]