The Sales Training Series: Selling With Leverage Questions
If he had a long enough lever and a place to put the fulcrum,
the Greek mathematician Archimedes said, he could move the
world. "Leverage questions" offer that kind of power to
salespeople. These are open-ended questions designed to uncover
the hot-button emotional issues that actually drive a customer's
buying decision. What key benefits do buyers want to gain by
making the purchase, either for their companies or, more
critically, for themselves?
In other words, leverage questions are queries that allow the
salesperson to find out, from the buyer's perspective, "What's
really in it for me?" This tells the salesperson which needs are
most critical to address when presenting product features and
benefits. What's more, by clarifying the actual stakes of the
decision in the customer's mind, leverage questions serve to
"turn up the emotional heat," making the expected gains even
more desirable to the buyer.
Leverage questions turn up the heat by clarifying what's at
stake for the buyer, not just the seller.
As you ask open-ended questions to investigate a customer's
needs, you will come upon some needs that seem to have a
particular urgency. Whenever you suspect this is the case, ask a
leverage question to confirm your hunch and clarify the
situation. Examples of leverage questions: "How has this problem
affected your company?" "How has it affected you, personally?"
"What are the consequences if the problem continues?" "How are
your customers affected?" "What opportunities does this
situation represent for the company and for you?" Good leverage
questions identify what's at stake for the buyer's company, but
the very best ones aim at discovering the customer's personal
hot buttons. Unless the buyer owns the company, boosting
productivity or decreasing waste are not gut issues. Here's a
gut issue: "How will I be better off if I bring this solution to
my employer? Will I look like a genius? Will I get a promotion?
A bonus? Some recognition I crave?"
By clarifying what's really at stake with a business problem or
opportunity, leverage questions increase the customer's desire
for a solution. And they let the salesperson know how to present
a product as the right solution to the right issues.
In The Field:
Leverage questions offer the highest payoff when they are used
in the context of a full-scale sales strategy - a strategy that
tells you how to build up to asking such questions and what to
do with the information after you've uncovered it. That's what
Action Selling Sales Training Workshops teach.
The national sales director of retail-photocopy giant Kinko's
puts it this way: "By learning to sell via the Action Selling
sales skills process, our salespeople now know where they stand
at every stage during a call and can proceed strategically. They
are better able to manage a sales call from start to finish.