Taking Aim, Cannon Advantage Monthly Newsletter

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Volume 6, Issue 7 - July, 2007


• Five Levels of Selling

This past week, my wife inadvertently drop kicked our toaster oven and caused it to experience a catastrophic failure. The toaster oven, the microwave and my grill are necessary to sustain life at our house if I have to fix any food. The toaster oven is great because it works well for just the two of us and I don’t have to fire up the oven to bake or broil something.

Since I wanted to fix some salmon in the toaster oven and we were without, it required a trip to our local discount store to find a replacement. Upon reaching the appropriate aisle, we were confronted with 6 choices and the only point of differentiation was price ranging from just under $20 to slightly over $60. It was then that I started thinking about the different levels of selling and this was the lowest possible level.

Level 1 is self service. I even cornered an “associate” to get more information, but she really didn’t have anything to offer.

It was about this time that I came to realize that there was boxed inventory above the display. Pulling down box after box, it became apparent that the manufacturers had outlined the features of each unit on the exterior of the box.

Level 2 selling is when the product features are provided. This information may be beneficial to a knowledgeable consumer, but it didn’t mean a lot to me. It was then that I turned to my wife for help. She was able to provide me with an explanation for each of the features.

Level 3 selling is when the benefits associated with the features are provided. An option on one of the ovens we looked at was a convection feature. I had no idea what that was and my wife explained that it helped provide a more even heat. While I thought the even heat thing sounded good, I didn’t really understand what that meant to me.

Level 4 selling is when the benefits can be turned into “You can” statements. What I really wanted was someone to tell me that because of the convection feature that I could cook my salmon better or faster. Maybe that the cooked food would be juicier or more flavorful because of this feature. (Oh well, I can dream can’t I?) I am such a sucker for a good salesperson that I can be easily maneuvered from the perfectly adequate basic unit to a high end sale if someone will just help me justify that the high end unit will help me to do something beyond what the basic unit will allow me to do.

We finally decided on one of the toaster options, purchased it and headed home to fix the salmon. All the way home I kept thinking about the different levels of selling and it dawned on me that I had experienced another level of selling many years ago when I got my first apartment in New York. One of my first visitors was an Electrolux sales person and my first acquisition was an Electrolux vacuum. I had acquired an old canister vacuum from my parents before I left for New York, but I remember the sales person dumping dirt on my carpet. I got out my hand me down vacuum and cleaned up the mess the best I could. The Electrolux sales person then cleaned where I had cleaned and demonstrated how much more the Electrolux picked up than my existing unit. I bought the Electrolux.

Level 5 selling is when the product can be demonstrated to outperform the other option or options.

When you think about how you market your product, at what level are you selling your product? Is there something that you could do to help move to a higher level and increase your sales and/or your profitability?

• “Taking Aim for Better Decision-Making” featured in Report

The June 2007 issue of “The Manager’s Intelligence Report” included a section entitled “Help folks face their fears.” The article is an adaptation from “Taking Aim for Better Decision-Making” available at http://www.cannonadvantage.com/ca_store.html

• 2007 INPEX Show

This was my second trip to the Invention show in Pittsburgh, but my first as one of the speakers (http://www.inventionshow.com/05_university/uni_presenters.asp) at the “Inventor’s University.” While this is not a huge show, it is a growing show. There were several things that struck me that should be of interest to you.

  1. Robert Bosch Tool Corporation, Office Depot, Everlast and Wahl Clipper Corp. were just a few of the companies there looking for new product ideas.

  2. There were inventors from all over the world.

  3. There was a large contingent of Chinese visiting with the inventors and looking for products to manufacture.


This is an interesting show and might be something to consider spending a day even if it is only from a defensive perspective.

• Masterpieces in Health Care Leadership

This book describes in detail how leaders from nine successful healthcare organizations engage their staff to achieve extraordinary results. The book is full of stories that make for an enjoyable read. I am proud to have been a contributor to this book. The retail price of the book is $59.95. Shipping and handling is 5.95 making the total price of $65.90. If you would like a copy, drop me an email at aim@cannonadvantage.com.

If you have a subject that you would like to see covered in future issues of “Taking Aim,” please send me an email at aim@CannonAdvantage.com.


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Bob Cannon, Principal, The Cannon Advantage

Robert E. Cannon
Management Consultant
13985 Aquilla Road
Burton, OH 44021 USA
866.598.8450 phone/v-mail
440.834.1052 facsimile

aim@cannonadvantage.com


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Smart Thoughts from Smart People

“You create your reality according to your beliefs. Yours is the creative energy that makes your world.”

Jane Roberts

“My own experience has taught me this: If you wait for the perfect moment when all is safe and assured, it may never arrive.”

Maurice Chevalier

“I would rather fail in an attempt at something new and uncharted than safely succeed in a repeat of something I have done.”

A. E. Hotchner

“The fool who has not sense to discriminate between what is good and what is bad is well nigh as dangerous as the man who does discriminate and yet chooses the bad.”

Theodore Roosevelt

 


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