THE ENERGY OF
SALES
WUCCESS
With Tom HopkinsNotes
General Information
For the Agent & Facilitator:
It is against company policy to allow this video series to
be viewed outside the approved class format. The videos
are confidential and contain propri
ary information
regarding our company systems, policies, and procedures
and should be in your possession at all times.
Your basic function as the facilitator is to give a very brief I
introduction of the topic the video will cover. It is not Vy,
necessary to take longer than a few minutes to do this as
the video will give the class participant all of the necessary
information. Do not invest time telling war stories about
how you became successful in the industry.
Make sure your class knows that you will be asking them
a lot of questions regarding the video that they are about
to watch and to make sure they fill in all the blanks in
their workbook as they watch the video. Also, let them
know that they will be tested on the material. In other
words, make it clear how important it is for them to
pay close attention and to take notes.
Copyright 1999 Cardservice International & Tom Hopkins International, Inc.b
Notes
ae
The Energy of Sales Success
At the end of each video session, follow the guidelines in
instructor's workbook. It is okay to adlib to a small
degree when covering the workbook, but remember the
KISS rule and Keep It Short & Simple.
If you use the instructor’s workbook properly, you will be
asking the class participants many questions so that there
is a high level of participation. Don’t just get up in front
of the class and re-teach the entire video. Your job at this
point is to get them thinking about what they just learned
by asking questions and leading them to the answers
Make sure that you carefully follow all instructions in
your workbook on role playing and group exercises
‘The importance of role playing and the group exercises
during this training period cannot be emphasized
enough. The goal of this program is to involve as many
senses as possible. This is why we have them watch it,
listen to it, take notes, answer questions, role play where
applicable and then be tested on what they have learned
Consider using small gifts such as tee shirts, water bottles,
etcetera for any class participant that give a correct
answer during your facilitation. Don’t over use this teaching
technique or it will hold no value. Make sure that if
ii copyright 1999 Cardservice International & Tom Hopkins International, IneNotes
General Information
you give a prize, it is for giving a substantial answer or for
performing a difficult role play.
Always give the class participants a break after each session.
Use the following timeline during your facilitation so you
don’t spend more time on any one section than necessary.
H__ Video session introduction — approximately 2
minutes. J
Hl Watch the video — approximately 30 - 40 minutes yy,
neem LA
®@ Facilitate the video — approximately 20 minutes.
Break after each video — approximately 15 minutes.
@ Total time for each session — approximately 2 hours.
Your instructor's workbook is your tool for training
success. It is a pre-planned outline designed to ensure
success during the training process.As we all know,
we will always be more successful when we follow a
pre-planned presentation, so do not improvise. Follow
the steps outlined in the workbook so your students will
have the opportunity to get the most out of The Energy
of Sales Success video training program and become
Champion Cardservice International Sales
Professionals!
Copyright 1999 Cardservice International & Tom Hopkins International, Ine.Y
Notes
A
The Energy of Sales Success
The Energy of Sales Success with
Tom Hopkins Video Sessions
Introduction
Running time: 39:22
Our comprehensive training program will help you
recruit and hire sales champions.
Your sales representatives will benefit from training
tips and realistic classroom situations that give them
the tools they need to succeed in the field.
Session 1: The Ingredients — Understanding
the Basics
Running time: 37:19
Acquire the qualities and skills of a sales champion in
today's fast-growing bankcard industry.
H Your sales representatives will benefit from training
tips and realistic classroom situations that give them
the tools they need to succeed in the field.
Session 2: The Formula — Getting New Business
Running time: 38:59
H__ Discover the formula for successfully landing new
merchant accounts in the booming credit card industry.
BH Gain the knowledge and ability to prospect for leads,
work “warm” markets, and network in your local
business community.
iv Copyright 1999 Cardservice International & Tom Hopkins International, Inc.Notes
General Information
Session 3: The Method — Making a Great First
Impression
Running time: 23:53
@ Learn the secrets of making a good first impression
and establishing a rapport with potential clients
Develop the know-how to put potential clients at
case, gain their confidence, ascertain their needs, and
determine how best to qualify them for an account.
Session 4: The Presentation — Perfecting Your
Presentation Skills
Running time: 30:41
® Gain sales presentation skills that capitalize on the fact
that all merchants want to be more successful and
improve their business.
H _ Perfect the ability to educate potential clients on the
many benefits and advantages of doing business with
Cardservice International, and learn how to avoid
overloading them with information.
Session 5: The Magic — Closing Strategies
Running time: 57:27
H _Our proven closing strategies and techniques will
help even the newest sales representatives cement
opportunities and sign new accounts.
H Acquire a sixth sense that allows you to recognize a
potential client’s buying signs, and gain insights on
what questions to ask and when to ask them.
Copyright 1999 Cardservice International & Yom Hopkins International, Inc. vel
The Energy of Sales Success
Session 6: The Power — Expanding Your Business
Running time: 57:44
Our quality products and services will generate quality
introductions and give you the opportunity to greatly
expand your market share
Hi _Develop relationships with satisfied clients to acquire
quality introductions to other merchants who could
benefit from Cardservice International’s electronic
payment solutions.
Session 7: The Strategy — The Basic Merchant
Account Sale
Running time: 3:
5
BH Whether you have an appointment or are cold-calling
we will provide you with the tools, techniques, and
strategies to set up a basic merchant account at any
business.
Learn how to address a client's electronic payment
concerns and offer our Visa/MasterCard, ATM/debit
and check guarantee solutions.
Session 8: The Expansion — Inbound and Outbound
Telephone Skills
Running time: 34:37
We can help you apply your new selling strategies
to telemarketing, enabling you to convert inbound
telephone inquiries into opportunities.
Hl __ Discover how to set up appointments and expand your
sales market via outbound calls to businesses in need
of electronic payment solutions.
Vi Copyright 1999 Cardsorvice International & Tom Hopkins International, ncSS ASSES
General Information
Session 9: The Key — How to Approach the
Corporate Sale
Running time: 31:50
H_ Obtain sales skills and strategies that will allow you
to land coveted high-volume corporate accounts
Use our resources and sales experts to approach and
sign corporate and/or multiple accounts.
Session 10: The World — Upgrading Your Clients to
Cardservice Internet Services
Running time: 15:40
H Our Internet payment solutions and services will allow
you to introduce new and existing clients to a global
marketplace on the World Wide Web.
BH Become an e-commerce sales expert and tap into this
virtually endless client base by offering merchants our
flexible, secure, state-of-the-art payment modes
Implementation
‘The entire program is just over 6.5 hours in length. It can
be viewed in a group situation or on an individual basis
It is recommended that your entire organization go all the
way through the training series as soon as possible.
Since the program includes a lot of material, you may
wish to have your people view one tape per day until all
sessions are completed. Or, you might want to set aside
two or three partial-days to go through the training,
allowing time for discussion of the content.
Another possible method of implementation is weekend
training.
Copyright 1999 Cardservice International & Tom Hopkins International, Inc.
Notes
(I
ZZ)2 rn SS
The Energy of Sales Success
‘As new people are added to your organization, schedule
them to complete the series within their first week of
employment. Chances are good that your people will want
to re-watch several portions of the tapes for segments of
particular interest to them. It is not advised to let the tapes
be taken off premises. You may wish to check tapes out
to individuals for viewing in the office only.
Beware of information overload. Determine an effective
pace for the training for your particular group.
It is recommended that the Facilitator view each tape
prior to showing them to a group or individual so you
can be prepared to answer questions that might come up.
Before showing the tape, review of the highlights of what
the students should watch for. It is also wise, when viewing
the series, to summarize points from previous tapes
before starting a new one so the students can see how
the program is building upon the previous information.
Student Workbooks
The student workbooks include key points the students
should master to become successful in the transaction
processing industry with Cardservice International. Many of
these points require the student to fill in the answers from
the video screen, Seeing, hearing and writing the material
increases overall student retention. Critical phraseology is
included verbatim so there's no risk the students could
record it incorrectly.
Copyright 1999 Cardservice International & Tom Hopkins International, Inc.el
General Information
Review student's notes and approve their completion of
cach session in writing. Ask students to write in their
workbook what the most pertinent point is from each
session. Have them role play situations in which they can
use the phraseology from the tapes so they have an
opportunity to internalize it before using it with clients.
Facilitator’s Guide
In this Facilitator's Guide, you have the same workbook
content as the students, as well as instructions for getting
maximum results from the training, and an exam. The
answers to the fillin’s are included here along with
questions you should ask the students to ensure they
have learned the material. Encouraging discussion of the
material will also aid in the amount of retention students
have with the material. Always give praise for student
participation, even is the answer they give is incorrect.
Attempting new things can be a rare event for some
adults. Stress the importance of this learning proces
Keep the atmosphere positive when it come to training.
Exam
a You will see this icon next to the material that
appears on the final exam. Be sure to inform
your students of which material to study.
At the end of this guide are the exam questions pulled
from each session of the video. You may give the exam
orally or copy the pages from this guide and have your
Copyright 1999 Cardservice International & Tom Hopkins International, inc. ixY
Notes
||]
tS SS SEEDY
The Energy of Sales Success
students take it as a written exam. It is recommended that
a score of no less than 80% be accepted as passing the
course. If a student does well in one area and fails in
others, you may direct them to watch the tapes again that
cover their weak areas and re-test only on those topics.
Follow-Up and Review
Give your people assignments between training sessions.
Have them memorize and apply certain strategies and
report back to the group.
When it is time for a review of the material, you may wish
to assign a topic to each of your representatives and have
them present it to the group.
On a second or third viewing of the tapes, have the
representatives note the most pertinent point of each
session again. Chances are it will be something they don’t
recall from the first viewing. This exercise will encourage
them to want to review the tapes many times over.
Invest time in evaluating the use of the material by your
representatives. Consider posting some of the more
pertinent phraseology around the office. Try to catch your
people using the material and praise them openly for it.
Encourage your representatives to share stories of success
they have applying the material with the group.
x Copyright 1999 Cardservice International & Tom Hepkins International, Inc.Notes
Introduction — Hiring and Training
Cardservice International Champions
Running Time — 39:22 minutes
The Personality Types of Salespeople
1. Perry Professional — plays by the rules, looks
good, handles clients well.
How to handle: keep him well-informed so he can
continue to do what he does best.
2. Ursula Undermining — works behind the scenes |
to challenge or defeat your directives.
How to handle: seek her out. Try to discover what's
really bothering her. Fix it or provide a career
adjustment.
3. Ned Negative — always negative, a downer for other
sales representatives,
How to handle: provide a career adjustment as soon
as possible
4, Albert Analytical — invests so much time in detail
work and documenting performance that there’s little
productivity.
How to handle: challenge him to get out there and
beat his own statistics.
5. Charlene Champion — a true team player. She
sees positive in everything.
How to handle: reward and recognize her performance.
Enlist her aid in training and recruiting others into
your organization.
Copyright 1999 Cardservice International & Tom Hopkins International, Inc. 1-1VY
Notes
The Energy of Sales Success
Qualifying Questions for
Potential Candidates
1. Describe your previous work experience.
2. What did you enjoy most about your previous job(s)?
3. What did you dislike?
4. Why did you leave?
5. Tell me about your last boss.
6. What's the greatest advantage you can bring to our
company?
~
Do you see any disadvantages to you in the job
description we've provided?
8. What training have you had since leaving school?
9. What are your long term goals and objectives?
10. What kinds of situations make you uncomfortable
or nervous?
11. What would you want in your next job that you
don't have now?
12. What are your income expectations?
Manager’s Commitment Form
1. Define the sales representative's first and second year
goals — financial and personal. Be sure to include
family goals
12 copyright 1999 Cordservice internationel & Tom Hopkins international, Ine.Introduction — Hi
Cardservie
Ask how serious they are about those goals and get
a commitment from them to achieving the.
3. Putit all in writing and both of you put your approval
on the agreement.
*
If they falter in their achievement, pull this commitment
back out and discuss the goals. If things have changed,
make alterations and re-commit. If nothing has changed,
use this agreement to re-inspire them. Then, help them
overcome skills challenges with additional training.
MANAGER'S COMMITMENT
Thereby agree to do everything necessary to help
achieve the goals we have mutually agreed upon this day
and entered into his/her file.
Approval
SALESPERSON’S COMMITMENT
Thereby agree to let
clo what is necessary to help me achieve these agreed upon goals
also realize my production is dependent upon activities that have
proven to work. These include punctuality and attendance at all
company meetings; using tools the company has created to
ensure my success; keeping 4 positive attitude and maintaining,
‘my enthusiasm while in the presence of other salespeople; and
avoiding jealousy, gossip and negative thinking, IfT am not living
up to these commitments, I expect management to help me
re-commit my goals,
Approval__
Copyright 1999 Cardservice International & Tom Hopkins International, Inc. 1-3Y
Notes
ee ll RS
The Energy of Sales Success
Training Tips
1. Make the training positive.
2. Don’t go through too many tapes at one sitting.
3. Never stop a video more than once.
4. Encourage participation
= Monitor their progress.
1-4 Copyright 1999 Cardservice International & Tom Hopkins International, Inc.SA
The Energy of Sales Success
Session 1: The Ingredients — Understanding
The Basics
Acquire the qualities and skills of a sales champion in
today’s fast-growing bankcard industry.
@ Your sales representatives will benefit from training
tips and realistic classroom situations that give them
the tools they need to succeed in the field.
Remind the students of their need to fill in the blanks in
the workbook. They should also be advised to notice
the body language and voice inflection used when Tom
delivers phraseology.
Questions to ask after viewing”
1. Did you get all of the blanks filled in your workbooks?
2. Are there any areas of this session that you would
like re-iterated?
3. Asa review, what are the seven steps in the selling
cycle?
4, Give me three of the twelve qualities and
characteristics of a Cardservice International
Champion. Put checkmarks next to those you are
choosing to work on developing in yourself.
5. Let’s review the fear-producing words on page 1 - 3
of the workbook.
6. For veterans: Who has ever had a “Freddie Freebie”
personality-type of buyer? Tell us the situation and
how you handled it.
Have the students mark the material to study for
their exam.1: The Ingredients — Understanding the Basics
Running Time — 37:19 minutes
The Benefits of a Career with
Cardservice International
1.
You are involved in a fast-growing business.
You provide a vital service to businesses.
You are involved with cutting edge equipment
and software,
‘You represent a first-class organization where
service comes first.
The Three Basics of Training
a Product Knowledge
Strategies & Tactics
Altitude
Copyright 1999 Cardservice International & Tom Hopkins International, Inc. 1-1
“You must
always be
excited and
enthusiastic,
and no one
should ever
know if things
are not great”
—Tom Hopkins
VY
Cardservice
Champions
strive to
acquire all
of these
characteristics.
al
The Energy of Sales Success
The Qualities and Characteristics
of a Cardservice International
Champion
1. They are detail-oriented.
2. They act as expert advisors.
3, They deliver every presentation with enthusiasm.
4, They know how to create a sense of urgency for
their merchants.
we
They are great educators.
6. ‘They have a higher goal than making a sale:
to create an asset for the merchant’s business.
7. Their dress and grooming are impeccable.
8. They are highly ethical.
9. They take responsibility for self-education,
10. They understand they are selling their relationship
with the merchant.
11. They Use their resources wisely.
12. They are team players
ee
1-2. copyright 1999 Cardservice international & Tom Hopkins International, IncAl of hove
‘words appaoe|
onthe exo.
1: The Ingredients — Understanding the Basics
The Greatest Destroyer of Sales
The greatest destroyer of sales is the emotion of fear.
People don’t buy logically, They buy emotionally,
then defend the purchase logically,
1. The merchant is initially afraid of:
a. 5
b. —_—
c. ; and
d.
2. Replace fear-producing words with positive
picture words.
Fear Word Positive Word
Cost or Price
Application Fee Initial investment
Monthly Payment Monthly investment
Contract Agreement, paperwork
Buy Own
Sell of Sold Get them involved,
help them acquire
Objections Areas of concern
sign Authorize, okay,
endorse. approve
Deal Opportunity, transaction
Copyright 1999 Cardservice International & Tom Hopkins International, Inc.
Champions
eliminate
fear-producing
words from
their
vocabularies.
YL
Treat people
like they want
to be treated.
ad
The Energy of Sales Success
Pitch Presentation
Problem Challenge
Appointment Visit
Customer People we ser
The Personality Types of Buyers
1. Freddie Freebie — always wants more.
How to handle: give more service rather than
discounts or materials.
2. Believing Bart — most likely a referral.
How to handle: serve well to deserve the reputation
that has preceded you.
3. Purchasing Polly —
How to handle: provide figures and statistics.
4, Evasive Ed — tough to nail down.
How to handle: be persistent.
Note: Other vendors will also have find it hard to nail
him down and most will give up
5. Griping Greg — may be a solid client,
but needs someone to listen to him.
How to handle: Call just before his busiest time of
the day so you can provide service, but not get stuck
listening to his complaints.
1-4 Copyright 1999 Cardservice International & Tom Hopkins International, Inc.6. Domineering Donna— very demanding and
assumptive.
How to handle: Put everything in writing. Take great
notes during meetings and conversations.
7. Cindy Cynical — needs to have your promises
proven to her.
How to handle: Start with punctuality. Show up on
time every time. Exceed her expectations.
Copyright 1999 Cardservice International & Tom Hopkins international, Inc. 1-5
The sign
of a true
professional
is how much
they learn
after they
know it all.
YSS TSE
The Energy of Sales Success
Session 2: The Formula — Getting New
Business
Discover the formula for successfully landing new
merchant accounts in the booming credit card industry.
Gain the knowledge and ability to prospect for leads,
work “warm” markets, and network in your local
business community.
Remind the students of their need to fill in the blanks in
the workbook. They should also be advised to notice
the body language and voice inflection used when Tom
delivers phraseology.
Questions to ask after viewing”
1. Did you get all of the blanks filled in your workbooks?
2. Are there any areas of this session that you would
like re-iterated?
3. Did you fill in the blank with your commitment to
meeting a certain number of people every day? If
not, do so right now.
4. If with a group, role play the walkaround canvassing
script.
5. Let’s come up with some examples of tie-down
questions
6. What are some alternate of choice questions we
can use.
7. What's a good question we hear in our business:
that we can “porcupine?”
8. What are some other involvement questions besides
those given in the video?
Have the students mark the material to study for their
exam.“Go in with the
attitude that you
The Formula — Getting New Business
have something in
Running Time — 38:59 minutes Sonen ae
business owner,
I get up every morning with a commitment to meet
people which will bring me to enough quality presenta-
tions to close the number of transactions I desire.
And you do —
you are also in
business in the
. community’
Prospecting
1. Warm canvassing — Tom Hopkins
Walkaround canvassing J
Each day, dedicate yourself to find businesses
that you have not gone into. Go in to meet the My,
business owner with an attitude that you are not
going in to sell, but rather establish rapport.
Build a foundation of people you can eventually
move into a presentation with.
Examples of some walkaround canvassing
questions to ask the business owner:
@ “Hi, how are you. I'm and ?'m
in business in the community as you are.
How is your business going?”
@ “How long have you been in business here?”
@ “Are you doing much networking with other
businesses in the community?”
When they ask,“What do you mean?”, you can reply:
viously, you might know someone who might
need my services, and I might know someone who
needs your services, so we can help each other
Copyright 1999 Cardsorvce International & Tom Hopkins Intemational, Inc, 2-1a
The Energy of Sales Success
build our businesses together. That's one of the
things my company does. We're in the business of
helping businesses be more profitable. Do you
have an interest in that?
T have to run right now because I have an awful
lot of people to see today. I know I’m going to
enjoy working with you in the years ahead. I'm
going to keep my eyes open for people I can refer
to your business. If that okay with you?”
Next, hand out your business card. Write thank
you on the card and say:
“May I give you my card? I've enjoyed visiting
aa with you and you might note I wrote thank you
on it and I guess I’m thanking you in advance for
hopefully the opportunity to someday serve your
business needs.”
When they ask,“What type of business are
YW) you in?”, you can reply:
“I'm so glad you asked. Do you have a moment
right now? I can show you how you can create
‘We're i .
ra inthe more business and how you can get more
business of business form that business. Does that sound all
helping right with you?”
businesses
2. Warm market
be more
A warm market is a market of people you already
profitable. have that like you and trust you — family, friends,
acquaintance.
ees
2-2 copyright 1999 Cardservice Internationel & Tom Hopkins International, Inc.Most people
The Formula — Getting New Business ey Lane
helpful. Ask for
help in finding
people you
can serve.
letter
V
Call and get names of three people you might know
who are in business for themselves or own a small
business.
To help them understand, ask their opinion of what
you do.
Copyright 1999 Cardservice International & Tom Hopkins International, ne. 2-3—_—_—U—C
The Energy of Sales Success
“[ have been given an assignment. The management of
my company has asked that I contact some friends and
relatives and let them know about the business and get
their opinions about what we're doing. Would you
help me by being one of these people and allow me
to pop by and visit with you in the next few weeks?”
3. Technical advancement prospecting
Going back to existing clients with the newest
services and the latest equipment.
4, Business groups
Give of your time and resources. Then, build
relationships that will allow you to not only enjoy,
but do business with or get referrals from.
5. Orphan adoption
Send a letter introducing new sales representatives
to existing clients. Then, send the new sales
representative out to meet and service that client.
| 6. Lists
ZY New business lists. Go in to a new business owner
to congratulate him or her on being an entrepreneur.
Yellow pages, organization rosters.
Questions
are the
answer to The Art of Questioning
sucoeas br alee, Le If I say it, they tend to doubt it. If they say it, it’s true.
Four Reasons to Master Asking Questions
1. To gain control.
moti
To isolate buying
2-4 copyright 1999 Cardservice International & Tom Hopkins international, Inc.2: The Formula — Getting New Business
To isolate areas of concern.
“What has been your experience with processing
credit cards?”
To establish rapport.
“How’s business going?”
“How long have you been in business?”
Questioning Strategies
1
G
Closed question
A closed question demands one response.
a.Tie-down questions
‘A tie-down question is a question at the end of
a sentence that demands a yes response.
amples of tie-down questions:
‘You would like to increase your competitive
edge in the market, wouldn’t you?”
“Lowering your overhead makes a lot of sense,
doesn’t it?”
“Attracting more people because of offering
our service is something you should consider,
shouldn’t you?”
b.Inverted tie-down questions
‘An inverted tie-down question is a question in
which the tie-down is placed at the front of the
sentence.
Tie-down question:
“You're looking for a way to increase profits,
aren't you?”
Copyright 1999 Cardservice International & Tom Hopkins International, ne. 2-5
Inverted
tie-downs
tend to
create more
warmth than
regular
tie-downs.
VYD
The alternate
of choice
question works
best for setting
appointments.
TS
The Energy of Sales Success
Zien
Inverted tie-down question:
“aren't you looking for ways to increase profits?”
Tie-down question:
“Having more clients to serve just makes sense,
doesn’t it?”
Inverted tie-down question:
“Doesn’t it just make sense to have more clients
to serve?”
Tie-down question:
“Meeting as many clients’ needs as possible is
important to the growth of your business, isn’t it?”
Now write the inverted tie-down question to
the tie-down question listed above.
ee
Alternate of choice questions
‘An alternate of choice question is a question with two
answers. Fither answer is a minor agreement.
Examples of alternate choice questions:
“T.can pop by on Tuesday after lunch, or would
Wednesday morning be better for you?”
“[ can rearrange my schedule to meet your needs,
John. Would 10:00 a.m. be convenient, or should
JT wait until 2:00 in the afternoon:
a
2-6 — Copyright 1999 Cardservi
Internetionel & Tom Hopkins International, Inc.— ——
2: The Formula — Getting New Business
‘John, would you prefer that we train you and your
manager on the operation of your equipment, or
should we include the entire staff?”
3. Porcupine questions
‘A porcupine question is answering a question with
a question.
Example of a porcupine questio
Client:“Would you come in and train everybody?”
Salesperson: ‘Is getting training for everybody
something you'd really like?”
4, Involvement questions
An involvement question is a question the client has to
ask themselves after they've said yes to our offering.
xample of involvement questions:
“Where do you think the terminal should be placed?”
“Some of our clients want our statements sent to the
home instead of the office. Which would be best
for you?”
Copyright 1999 Cardservice International & Tom Hopkins International, inc. 2-7
Asking a
question about
their question helps
darify
why they’re
asking so you
can give
better answer
LSe
The Energy of Sales Success
Session 3: The Method — Making a Great
First Impression
@ Learn the secrets of making a good first impression
and establishing a rapport with potential clients.
@ Develop the know-how to put potential clients at
ease, gain their confidence, ascertain their needs, and
determine how to best qualify them for an account.
Remind the students of their need to fill in the blanks in
the workbook.They should also be advised to notice
the body language and voice inflection used when Tom
delivers phraseology.
Questions to ask after viewing”
1. Did you get all of the blanks filled in your workbooks?
2. Are there any areas of this session that you would
like re-iterated?
3. Let’s review the steps for building rapport. What other
suggestions do you have?
4. Let’s review the NEADS qualification questions and
discuss some of the answers we might hear to those
questions.
Have the students mark the material to study for their
exam.a
: The Method — Making a Great First Impression
Running Time — 23:53 minutes
Psyche-up by reliving one of the best presentations that
you have done.
@ Walk in with an air of confidence.
@ Be aware of the merchant's tone of voice and
match their volume.
HI Match the speed of the merchant's speech.
Building Rapport
1. Discuss something topical.
2. Give a sincere compliment
3. Use their name the way they give it.
4, Repeat their name four times.
5. Always look for areas of common ground,
6. Make good eye contact.
7. Let them know, “I’m here for you.”
8. Be careful with the handshake.
9. Put them at ease with an introductory
sentence.
“Let me begin by thanking you for the time we're
going to share today. I hope we can consider this
meeting somewhat exploratory, meaning I'd like to
analyze your needs and show you how we at
Copyright 1999 Cardservice International & Tom Hopkins International, Inc. 3-1
“The majority of
people say yes fo a
salesperson,
not because of his
cor her product
knowledge or
enthusiasm, but
because of the
salespersons air
of confidence and
how he or she
walks in?
— Tom Hopkins
Y5 ee Ss USES
The Energy of Sales Success
Cardservice International can provide you with the
very best service in the transaction processing area of
your business at the very lowest investment possible.”
The N.E.A.D.S. Formula for
& Qualification
N. What do they have now?
E What do they enjoy about what they have now?
A. What would they alter?
D Who is the decision-maker?
“John, if we at Cardservice International are fortunate
to have the type of processing for your debit and
credit card needs that you're looking for, who other
than yourself would be involved in the final decision?
J S We are in the solution business.
LZ
The biggest
difference in
skill levels
between top
and average
producers is their
ability to qualify
prospective clients.
3-2 copyright 1999 Cardservice International & Yom Hopkins Intemational, neThe Energy of Sales Success
Session 4: The Presentation — Perfecting
Your Presentation Skills
@ Gain sales presentation skills that capitalize on the fact
that all merchants want to be more successful and
improve their business.
® Perfect the ability to educate potential clients on the
many benefits and advantages of doing business with
Cardservice International, and learn how to avoid
overloading them with information.
Remind the students of their need to fill in the blanks in
the workbook. They should also be advised to notice
the body language and voice inflection used when Tom
delivers phraseology.
Questions to ask after viewing”
1. Did you get all of the blanks filled in your workbooks?
2. Are there any areas of this session that you would
like re-iterated?
3. Role play the common merchant concerns and
answers. Be sure the students use proper voice
inflection and body language.
Have the students mark the material to study for their
exam.4: The Presentation — Perfecting Your Presentation Skills
Running Time — 30:41 minutes
Steps to a Presentation
‘The definition of presentation is the preparation for the
final closing of the sale.
1. Establish rapport.
2. Use your introductory statement.
3. Get permission to make notes.
4. Present benefits.
a.
g
1o we are
b. What we've done
c. What we will do for you
5. Thoroughly cover the money.
6. ‘Test close.
Once you've settled down to present:
1. Don’t pull everything out right off the bat.
2. Make notes.
3. Focus on improving their business.
4. Educate them.
Beware — information overload causes fear!
ee
Copyright 1999 Cardservice International & Tom Hopkins International, Inc. 4-1
“When speaking to
anyone, two things
have to happen.
‘What
you say has to
make sense, and
what you say has
to make the
person curious
to know more ”
— Tom Hopkins
Z|
a
Try to
eliminate
the concern
first.
eh eS SS SE SS
The Energy of Sales Success
Common Merchant Concerns
1. Ineed to talk to my bank/my partner/my
accountant.
“| understand. In fact, I agree that it’s wise to consult
Le those people you rely on for advice when making a
business decision. Would your partner be available
now so I may answer any questions he or she might
have?”
Or
“Great. Let's call him or her now and arrange a time
when we can all meet together to discuss the benefits
we've covered here today”
Or
“1'm curious, do you always consult your partner
on every business decision you make?”
They say:“Well, no”
“What do you think your partner would say if he or
she had been here with us during the last half hour?”
Or
“Can you think of any reason your partner would not
want to offer the added convenience of transaction
processing to your clients?”
2. “It costs too much.”
“Mary, today most things do. Can you tell me about
how much too much you feel it is?”
4-2 Copyright 1999 Cardservice International & Tom Hopkins International, Inc.Never knock
n Skills
he Presentation — Perfecting Your Presenta' the competition.
Earn the right
fo present.
3. “P’'m with another company.”
“That’s wonderful. Then you understand the value of
providing transaction processing services to your
clients. May I ask what company you're with?”
(Listen to their answer.)
“And what equipment do you currently use?”
(Listen again.)
“Jf you don’t mind my asking, would you share with |
me the major factors that made you go with XYZ for Vf,
your processing needs?”
(Listen and take notes.)
“And were you the one who made that final decision
to go with them?”
If yes:“I'm certain you did a lot of research before
making this important decision, didn’t you?”
(Wait for response.)
“Was Cardservice International one of the firms you
considered before getting involved with XYZ at that
time?”
If not:“Perhaps it was because you didn’t know about
us and for that I apologize. Many of my merchants
have found that the exceptional service we at
Cardservice International provide was well worth
making a change. If all the research you did proved
to be so valuable when choosing your existing
company, doesn’t it make sense to do a little research
now to see if you can save money and get better
EE
Copyright 1999 Cardservice International & Tom Hopkins International, Ine. 4-3Y
Get them talking so
you can learn
something about
them and their
needs, and direct
your answers
accordingly.
en SERENE
The Energy of Sales Success
service than you're receiving now? And, by the way,
I know you wouldn’t want to miss out on any services
that we could provide to help you grow your business
to a new level, would you?”
Warning: Never knock the competition.
4.
x
“] had a bad experience with another company.”
Or, “I’m not interested.”
“] understand, Mary. Would you share with me what
happened?”
a
ten carefully.)
“Well, Mary, even though it wasn’t our company,
Cardservice International, please accept my apologies
for your experience. Because you had a poor past
experience, I feel even better about being here for you
today. You see, Mary, the reason the word service
appears right in our company name is because that’s
our number one focus and concern, providing you the
service you need to feel confident about transaction
processing. I’m sure you wouldn't stop driving cars
entirely if you had a bad experience with one brand,
would you?”
(They'll most likely say,“No, I need a car”)
“And your business needs to provide transaction
processing to your clients in order to grow. So, would
you, at least, give me a few minutes of your time to
show you how we're different?”
“I tried to get an account before but was declined.”
“Pm sorry to hear that, Bill. What was the reason for
being denied a merchant account?”
44
Copyright 1999 Cardservice International & Tom Hopkins international, Inc.ee
The geal
4; The Presentation — Perfecting Your Presentation Skills ie te kaow
more answers
to concerns
Listen.) than they
“And have things changed since then?” know
concerns.
listen. They'll most likely say they've lost business or
have had clients ask about service.)
“T understand. So, your clients are asking for services
that you have not previously been able to provide?
Let’s see how I can help you”
6. “Pm not ready.” J
“When will you be ready?” Vp,