Thursday 3 June 2010

How do buyers make sales decisions?

As you probably remember, neuroscience tells us that the left side of brain is always looking for a right or wrong answer it doesn’t tolerate shades of gray. It tends to be analytical, linear and skeptical and emotionally neutral. It also tends gets “paralysis by analysis” because it can never get enough information to make what it feels will be an entirely correct decision. By contrast, the right side is creative and imaginative. The ‘big picture’ right side interacts with the feeling power of the limbic or emotional brain. The emotional brain is where the ‘aha’ moments happen. Where the “I want that” or “I need that” feelings happen. The buyer has “gut reaction” and an image that allows them to make an emotional decision, such as the decision to trust someone or buy something. They can feel it and see it rather than quantifying.

Stories appeal immediately to the right side of the brain. As soon as somebody hears “once upon a time…” or “I’d like to tell you a story about the time…”, the listener relaxes and knows that no decisions need to be made immediately, but instead all that’s needed is to go along for the ride and listen for what might be important in the future. When it IS time to make a decision, the right side of the brain (which actually makes the decision) draws upon the stories it’s heard in order to judge whether or not a decision makes sense. The story can actually engulf the listener and the teller. The connection during the story can remain between the two people after the story is over, leaving the top sales reps with a connection that others can’t achieve.

No, it doesn’t. Unfortunately, the corporate world tends to get left brain thinkers to create PowerPoint presentations that are intended to provide left brain information to the left brain thinkers. So you end up with these incredibly long sales cycles, with committees and endless analyses because, even though people make emotional decisions, they’re trying to find a way to make a decision logically. This isn’t to say that left brain information isn’t useful; but it doesn’t drive buying behavior unless framed in a story that makes sense to the right brain.

What do sales pros need to become great storytellers?
MB: Great question. First, they need to respect their own storytelling ability. I’ve found that most sales professionals are much better at telling stories from their personal lives - the sort of anecdote you tell to your friends and family - than they are at telling stories from their business lives. People tend to be more relaxed when relating personal anecdotes, but then get all formal and stilted when they tell business stories. So the first step is to learn to adopt the same style of storytelling in business that you use in your personal life. Top sales reps are always naturally good at this. Top sales reps are also willing to share themselves as humans not supermen. Buyers are human and so many sales people feel they have to be ‘perfect’. That isn’t reality, and top sales people sense that.

You use your storytelling ability to retell the customer’s story, and then confirm - by asking - whether you’ve actually got the story right. Then, and only then, are you ready to sell, because then you can retell the customer story with a different ending or a new sequel, with your offering playing a role in the story. It’s also useful to have a quiver of “here’s how I’ve helped other people” stories, so that you can help the prospect visualize a future that includes you and your offering.


One of the skills that I’m teaching is the ability to build a 30 second version, a 3 minute version, and a 10 minute version of your stories. This requires deciding what’s essential about the story, and what’s an optional anecdote, side plot, or detail. It’s really a matter of adapting the story to the circumstances, whether it’s a formal presentation or just an informal conversation at a social gathering.
http://blogs.bnet.com/salesmachine/?p=10193&tag=nl.e808


"The rider and the elephant" as described in Made to stick
Rider is rational, Elephant is emotional. Rider can guide and train the elephant, but when emotional shook, the rider is so much larger and stronger it can easily overpower the rider.

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