Business Negotiations: How to Sell without Actually 'Selling' with Andy Paul

Andy Paul is the author of Sell Without Selling Out. He's the host of the Sales Enablement Podcast, and has experience on being VP of Business Development and VP of Sales.

In this episode, Andy talks about the importance of the "human element" and why we should utilize it more when it comes to business negotiations

Why you have to check out today's podcast:

• Learn how automated business sequences negatively affects your business
• Understand the importance of having the "human element" in business negotiations
• Find out why you should hire actual negotiation experts and not salespeople when it comes to price negotiations

"Managers, take responsibility. Don't put the discounting in the hands of the sellers. And if managers show a little more discipline, then they can preserve the margins better."

– Andy Paul

Topics Covered:

02:35 – The time Andy learned that pricing is important in the world of sales

06:02 – Selling is about listening to your customers and finding ways to help them

08:37 – How you should communicate value to a customer to make a successful sales meeting

13:28 – Making your customers feel understood is one step in winning sales

17:07 – Why salespeople are unable to utilize the human element

19:20 – Automated selling sequences is mostly persuasive, which is not the best way to go in sales

20:50 – Salespeople's job is to build one on one relationships with customers, as all customers are not the same

22:30 – How salespeople should handle price segmentations or price negotiations

25:25 – Have professional contract negotiators handle negotiations, and you'll end up getting better deals

29:11 – Andy's pricing advice

Key Takeaways:

"I say sales, what you have to think about is your job as a salesperson is really nothing more than listening to your buyer, understanding the things that are most important to them in terms of the challenges they face and the outcomes they want to achieve by addressing those challenges and then helping them get that. That's your job. Listen and help." – Andy Paul

"If you can be the first to make the buyer feel understood, there are serious milestones happening that you can actually put yourself in the pole position, and win the deal at a higher frequency than your competitors." – Andy Paul

"When humanity becomes the differentiator and all the automated buying experiences start to become more similar, how do you stand apart? Being human." – Andy Paul

"Everyone wants to point the finger at salespeople as to be the blame for discounting. And the fault is really managers. It's not salespeople." – Andy Paul

People / Resources Mentioned:

• How to Sell Without Selling out: https://www.amazon.com/Sell-Without-Selling-Out-Success/dp/1989603572
• Humans are Underrated: https://www.amazon.com/Humans-Are-Underrated-Achievers-Brilliant/dp/0143108379
• Talent is Overrated: https://www.amazon.com/Talent-Overrated-Separates-World-Class-Performers/dp/1591842948
• Geoffrey Colvin: https://geoffcolvin.com/
• Toastmasters: https://www.toastmasters.org/

Connect with Andy Paul:

• LinkedIn: https://www.linkedin.com/in/realandypaul/
• Website: https://www.andypaul.com/

Connect with Mark Stiving:

• LinkedIn: https://www.linkedin.com/in/stiving/
• Email: mailto:mark@impactpricing.com