Unit 3-1-2: Understanding Sales in Recruitment Part 2 Flashcards

(42 cards)

1
Q

What strategic questions could a seller ask themselves to ascertain the deptch of a relationship and commitment?

3-1-2 Understanding the recruitment sales cycle

A
  • Where are we now with this buyer?
  • Where do we want to be in x months time?
  • What actions do we need to undertake to get there?
  • How will we measure our success?
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2
Q

Define some characteristics of the ‘push’ style of selling:

3-1-2 Understanding the recruitment sales cycle

A
  • Lots of talking;
  • Limited listening;
  • Scripted;
  • High pressure tactics.
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3
Q

Define some characteristics of the ‘pull’ style of selling:

3-1-2 Understanding the recruitment sales cycle

A
  • Active listening;
  • Well researched;
  • Involves the buyer in the decision;
  • Empathetic.
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4
Q

Define some negatives of the of the ‘push’ style of selling:

3-1-2 Understanding the recruitment sales cycle

A
  • Short-term one-off business;
  • Likely to reject future contact;
  • Will only use you as a last resort;
  • Reuced margins.
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5
Q

Define some positives of the of the ‘pull’ style of selling:

3-1-2 Understanding the recruitment sales cycle

A
  • Longer-term relationships;
  • Repeat business;
  • Higher margins;
  • Less rejection.
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6
Q

What are the stages of a telephone sales call?

3-1-2 Understanding the recruitment sales cycle

A
  • Planning;
  • Introducing;
  • Questioning;
  • Showing;
  • Asking;
  • Following-up.
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7
Q

Name some considerations that should be made in ‘planning’ stage of a client sales call or meeting?

3-1-2 Understanding the recruitment sales cycle

A
  • Research;
  • Set objectives;
  • Set-time aside;
  • Adopt a positive attitude;
  • Plan for potential objections.
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8
Q

Name some considerations that should be made in ‘introducing’ stage of a client sales call or meeting?

3-1-2 Understanding the recruitment sales cycle

A
  • OBS;
  • Self-introduction;
  • Use research;
  • Add value;
  • Gain commitment.
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9
Q

Name some considerations that should be made in ‘questioning’ stage of a client sales call or meeting?

3-1-2 Understanding the recruitment sales cycle

A
  • Planned and relevant Q’s;
  • Active listening;
  • Summarise to ensure info is correct.
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10
Q

Name some considerations that should be made in ‘showing’ stage of a client sales call or meeting?

3-1-2 Understanding the recruitment sales cycle

A
  • Describe relevant features and benefits linked to specific needs.
  • Discuss specific and relevant candidates;
  • Manage expectations realistically;
  • Use empathy and question handling to manage objections.
  • Agree terms.
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11
Q

Name some considerations that should be made in ‘asking’ stage of a client sales call or meeting?

3-1-2 Understanding the recruitment sales cycle

A
  • Check to see if client has questions;
  • Establish commitment;
  • Agree contact plan;
  • Summarise next steps.
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12
Q

Name some considerations that should be made in ‘asking’ stage of a client sales call or meeting?

3-1-2 Understanding the recruitment sales cycle

A
  • Check to see if client has questions;
  • Establish commitment;
  • Agree contact plan;
  • Summarise next steps.
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13
Q

Name some considerations that should be made in ‘following-up’ stage of a client sales call or meeting?

3-1-2 Understanding the recruitment sales cycle

A
  • Send client relevant candidate details;
  • Arrange interviews and candidate briefings;
  • Email agreed actions;
  • Check on candidate arrival.
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14
Q

What is the aim and provide an example of an open question:

3-1-2 Understanding the recruitment sales cycle

A
  • To gain more than one piece of information;
  • Encourage the client to talk openly;
  • “Explain how, who, what, where”
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15
Q

What is the aim and provide an example of an closed question:

3-1-2 Understanding the recruitment sales cycle

A
  • To gain one piece of information;
  • Summarise and clarify;
  • “Did you, will you, would you”
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16
Q

What is the aim and provide an example of a probing question:

3-1-2 Understanding the recruitment sales cycle

A
  • To gain additional information;
  • Digs deeper;
  • Use words like “specifically, clarify, tell me more, what was the reason for”
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17
Q

What is the aim and provide an example of a hypothetical question:

3-1-2 Understanding the recruitment sales cycle

A
  • Poses a hypothetical scenario for the client to consider;
  • Open or closed questions;
  • Useful to find the pain, gain commitment or flexibility;
  • “If there was a way of saving you time…”
18
Q

Name the four parts of showing capability:

3-1-2 Understanding the recruitment sales cycle

A
  1. Client need statement;
  2. Choose relevant facts;
  3. Link to needs and problems;
  4. Express as a benefit statement.
19
Q

When showing capability, explain what a ‘client need statement’ is:

3-1-2 Understanding the recruitment sales cycle

A

The client expresses details about their recruitment needs, expectations and problems.

20
Q

When showing capability, explain what is meant by choosing the relevant facts or features and linking them to needs and problems:

3-1-2 Understanding the recruitment sales cycle

A

Where the recruiter selects the relevant feature of their business and matches it with the needs or problems of the client.

21
Q

When showing capability, explain what is meant by choosing the relevant facts or features and linking them to needs and problems:

3-1-2 Understanding the recruitment sales cycle

A

Where the recruiter selects the relevant feature of their business and matches it with the needs or problems of the client.

22
Q

What is SPIN selling?

3-1-2 Understanding the recruitment sales cycle

A
  • Situation questions (what is the buyers situation?)
  • Problem questions (what are the problems faced by the client)
  • Implication questions (what are the consequences of the problems)
  • **Need - payoff questions ** (how do we solve tyhe problems)
23
Q

When showing capability, explain what is meant by expressing as a benefit statement:

3-1-2 Understanding the recruitment sales cycle

A

Where the recruiter selects the relevant feature of their business and matches it with the needs or problems of the client and expresses it as a benefit to the client.

24
Q

What sort of objections can a client present?

3-1-2 Understanding the recruitment sales cycle

A
  • Price (concern over cost)
  • Capability (concern over service or ability to deliver)
  • Vague (non-specific)
  • Irrelevent (an attempted block that has little relevance to ongoing dialogue)
25
What does the Positive Behaviour Toolbox provide: ## Footnote 3-1-2 Understanding the recruitment sales cycle
* **Empathy** (to express understanding) * **Probe** (to get to underlying objection) * **Hypothetical Questions** (to gain commitment and move the discussion forward) * **Future Plan** (gaining an agreement on how to move forward)
26
What does APAC approach to objection handling offer? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* **Acknowledge** the objection; * **Probe** the underlying reason; * **Answer** clearly and efficiently once understood; * **Close** to confirm that the pobjection has been dealt with.
27
What does feel, felt, found method offer? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Understand how the buyer **feels**; * Others have **felt** the same way; * Explain what others' or you have **found**.
28
What does the 'onion' technique offer? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Strip away each layer until you reach the crux; * "Other than that is there any other reason why?"
29
How does a consultant go about asking for commitment? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Trial closing; * Commitment level needs to be appropriate for the relationship; * Not too much too soon; * Low level first i.e. send cvs, agree contact plan. * High level once appropriate i.e. exclusivity.
30
Why is it important to create customer loyalty? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Cost effective over fiding new business; * Time efficient; * Leads to greater levles of business.
31
How is customer loyalty measured? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Gather customer satisfaction information: * Surveys; * Questionnaires; * Face-to-face or customer reviews; * Indicated by metrics on CRM such as ratios and complaints.
32
What can things can a consultant do to exceed customer satisfaction? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Offer add-ons such as: * Salary and benefits surveys; * Legal bulletins; * Psychometric and behavioural assessments; * Training or coaching.
33
What factors should be taken into account when calculating fees? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Economic climate; * Desire to gain the business; * Cost of hire; * Anticipated pay rate.
34
What factors should be taken into account when calculating fees? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Economic climate; * Desire to gain the business; * Cost of hire; * Anticipated pay rate.
35
What is a margin? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Calculated from the net sales figure; * Expressed as **Gross Profit Margin** % * 40% of £1000 = £400 * Cost of sales = £600
36
What is a mark-up? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Added to your cost of sales; * 40% mark-up on £600 = * £600 x .40 = £240 * **Net sales figure** = £840
37
What steps should a salesperson take to close a sale? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Follow the sales cycle; * **Check** that you have understood and any other info or questions; * **Summarise** to confirm action and agreements; * **Ask** for business and commitment.
38
What closing techniques can a saleperson use to close a sale? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* Trial close; * Action Plan close; * Direct close; * Alternative close.
39
What is a Trial Close? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* A test to see if the buyer is ready to buy; * Best used after handling an objection; * "How does that sound so far?"
40
What is a Action Plan close? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* A consultative close; * To involve the buyer in the decision; * "How do we move forward with this?"
41
What is a Direct close? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* To clarify or summarise a level of commitment; * "Are you happy for me to supply when you have a position?"
42
What is an Alternative close? ## Footnote 3-1-2 Understanding the recruitment sales cycle
* When tiescales are involved; * "Which day would be best for you, Wednesday or Thursday?"