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Selling      Book Review By

 The      Siddharth Khanna (085)
            Vijesh Bhaktha (095)

Wheel
About The Book
Name of Book:              Selling the Wheel –
                           Choosing the best way
                           to sell for you, your company,
                           your customers
Author:                    Jeff Cox and Howard Stevens
Publisher:                 Touchstone, New York
Text Copyright :           Jeff Cox (2000)
Illustrations Copyright:   David Cain (2000)
First Edition:             2001
About The Authors
Jeff Cox            - A bestselling author

                    - Has displayed his remarkable gift
                      for translating complex theories
                      into entertaining stories as the co-
                      author of "Zapp " and "The Goal.“

                    - Has written eight works of fiction
                      as either business novels or
                      parables.

                    - The most recent book – Velocity,
                      which is about combining Lean. Six
                      Sigma and Theory of Constraints.
About The Authors
                 - A respected business expert
Howard Stevens
                 - Chairman and CEO of H.R. Chally
                   Group, a Talent Management,
                   Leadership Development and Sales
                   Improvement Corporation.

                 - Has written many articles and is a
                   frequent speaker and radio/TV
                   guest.

                 - Has authored – Achieve Sales
                   Excellence, The Quadrant Solution

                 - Faculty at Columbia University
                   Graduate School of Business.
Ancient Egypt
   2650 BC
Max Invents Wheel




                    Max
Selling
 The      Phase I
Wheel
Minnie
Ozzie –
The Oracle


  Bedrock Questions

  1. Who are our customers ?
  2. Who are our competitors ?
  3. Why do customers want
     what we are selling ?
  4. What would make them
     prefer to buy from us ?
  5. Why might they prefer to
     buy from our competitors
     ?
  6. What added values does
     our salesperson have to
     offer to make a sale ?
Minnies Notes – Answers to all Bedrock Questions

Bedrock Qn#1: Who are our customers ?
         Those who need to move big, heavy stuff faster easier and cheaper

Bedrock Qn#2: Who are our competitors ?
         Everyone who sells established method of moving heavy loads(Elephants, Camels,
         Sledge makers)

Bedrock Qn#2: Why do customers want what we are selling ?
         Big performance gain by new technology.
         Offer opportunity to do things that could not be done before.

Bedrock Qn#4: What would make them prefer to buy from us ?
         We are the Wheel’s only provider

Bedrock Qn#5: Why might they prefer to buy from our competitors ?
         Proven affordable methods
         Customers don’t understand our technology

Bedrock Qn#6: What added values does our salesperson have to offer to make a sale ?
• Closers often work for themselves.
• They complete sales in one or two
  meeting.
• They demonstrate power and
  practicality of the technology
• Build the vision of Wheel’s Potential.
• Provides emotional energy to close the
  deal.
• Cassius successfully found the first customers
  for the Wheel.
• The popularity of wheel increased due to his
  demonstrations and selling approach.
• This won Max’s Wheel Company the contract
  for The Great Pyramid of Giza Project.




• Closers change the product they sell every few years.
• It is because they have by then hit all the “New” customers for the Wheel.
• Cassius the Closer thus resigns from Max’s Wheel Company.
Selling
 The      Phase II
Wheel
• Toby – The Wizard joins Max’s Wheel Company.
• Wizards are required when the new customers need expert assistance from the
  seller both before and after the sales.
• A special blend of technical savvy so that the a wizard can provide an expert
  solution customized to the buyers need.
• Team player to manage a number of different customer relationships.
• Provide demonstrations and training to educate the customers.
• Assist installation and testing of the products.




                                                            Innovating products to
                                                            suit customer needs.
                                                            Eg- she innovated
                                                            wheel to make a
                                                            wagon. Also out of box
                                                            thinking to make
                                                            millstones for the
                                                            farmers
Selling
 The      Phase III
Wheel
• Ben – The Builder joins Max’s Company
• Building a strong working relationship over an extended and trusting relationship
  with the key people on customer side.
• Concentrates on customers who have already bought the wheels and would buy
  it again and again in the future.
• Manage complexity, keep close watch on the details and must be customers
  advocate inside the sellers organization.
Selling
 The      Phase IV
Wheel
Matured Market – Product Improvements are incremental than revolutionary
Expansion becomes the priority to be the market leader




                              Because of high competition some
Experienced Buyer –           companies face bankruptcy and hence
with no requirement for       mergers and acquisitions normally
major customization.          happens.                         Hence Captain of Sales
                                                               joins the company.
                              Imum’s Wheelbarrow and Max’s
                              Wheels merge to form Max-Imum
Sales people have to          Wheel Corporation
differentiate seller from                                      To achieve this a large
competition and add                                            sale force or a Crew is
value to the commodity           Create a positive             required. But a strong
being sold by offering           experience for each           empowering leader is
superior service                 customer and do so on a       essential as sales people
                                 consistent basis.             are not self starters.
Graham Bell’s First Telephone
The Bottom Line

• "Selling the Wheel" may be set in Ancient
  Egypt, but the timeless lessons in it apply to
  the latest innovative technology products.

• Entrepreneurs without heavy sales
  experience and training will find it
  invaluable.

• Even for those with sales experience, it's a
  useful overview and may help give a new
  perspective on things if your company is in
  a sales slump.
• A very enjoyable and educational read!
THANK YOU

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Selling the Wheel

  • 1. Selling Book Review By The Siddharth Khanna (085) Vijesh Bhaktha (095) Wheel
  • 2. About The Book Name of Book: Selling the Wheel – Choosing the best way to sell for you, your company, your customers Author: Jeff Cox and Howard Stevens Publisher: Touchstone, New York Text Copyright : Jeff Cox (2000) Illustrations Copyright: David Cain (2000) First Edition: 2001
  • 3. About The Authors Jeff Cox - A bestselling author - Has displayed his remarkable gift for translating complex theories into entertaining stories as the co- author of "Zapp " and "The Goal.“ - Has written eight works of fiction as either business novels or parables. - The most recent book – Velocity, which is about combining Lean. Six Sigma and Theory of Constraints.
  • 4. About The Authors - A respected business expert Howard Stevens - Chairman and CEO of H.R. Chally Group, a Talent Management, Leadership Development and Sales Improvement Corporation. - Has written many articles and is a frequent speaker and radio/TV guest. - Has authored – Achieve Sales Excellence, The Quadrant Solution - Faculty at Columbia University Graduate School of Business.
  • 5. Ancient Egypt 2650 BC
  • 7. Selling The Phase I Wheel
  • 9. Ozzie – The Oracle Bedrock Questions 1. Who are our customers ? 2. Who are our competitors ? 3. Why do customers want what we are selling ? 4. What would make them prefer to buy from us ? 5. Why might they prefer to buy from our competitors ? 6. What added values does our salesperson have to offer to make a sale ?
  • 10. Minnies Notes – Answers to all Bedrock Questions Bedrock Qn#1: Who are our customers ? Those who need to move big, heavy stuff faster easier and cheaper Bedrock Qn#2: Who are our competitors ? Everyone who sells established method of moving heavy loads(Elephants, Camels, Sledge makers) Bedrock Qn#2: Why do customers want what we are selling ? Big performance gain by new technology. Offer opportunity to do things that could not be done before. Bedrock Qn#4: What would make them prefer to buy from us ? We are the Wheel’s only provider Bedrock Qn#5: Why might they prefer to buy from our competitors ? Proven affordable methods Customers don’t understand our technology Bedrock Qn#6: What added values does our salesperson have to offer to make a sale ?
  • 11. • Closers often work for themselves. • They complete sales in one or two meeting. • They demonstrate power and practicality of the technology • Build the vision of Wheel’s Potential. • Provides emotional energy to close the deal.
  • 12. • Cassius successfully found the first customers for the Wheel. • The popularity of wheel increased due to his demonstrations and selling approach. • This won Max’s Wheel Company the contract for The Great Pyramid of Giza Project. • Closers change the product they sell every few years. • It is because they have by then hit all the “New” customers for the Wheel. • Cassius the Closer thus resigns from Max’s Wheel Company.
  • 13. Selling The Phase II Wheel
  • 14. • Toby – The Wizard joins Max’s Wheel Company. • Wizards are required when the new customers need expert assistance from the seller both before and after the sales. • A special blend of technical savvy so that the a wizard can provide an expert solution customized to the buyers need.
  • 15. • Team player to manage a number of different customer relationships. • Provide demonstrations and training to educate the customers. • Assist installation and testing of the products. Innovating products to suit customer needs. Eg- she innovated wheel to make a wagon. Also out of box thinking to make millstones for the farmers
  • 16. Selling The Phase III Wheel
  • 17. • Ben – The Builder joins Max’s Company • Building a strong working relationship over an extended and trusting relationship with the key people on customer side. • Concentrates on customers who have already bought the wheels and would buy it again and again in the future. • Manage complexity, keep close watch on the details and must be customers advocate inside the sellers organization.
  • 18. Selling The Phase IV Wheel
  • 19. Matured Market – Product Improvements are incremental than revolutionary
  • 20. Expansion becomes the priority to be the market leader Because of high competition some Experienced Buyer – companies face bankruptcy and hence with no requirement for mergers and acquisitions normally major customization. happens. Hence Captain of Sales joins the company. Imum’s Wheelbarrow and Max’s Wheels merge to form Max-Imum Sales people have to Wheel Corporation differentiate seller from To achieve this a large competition and add sale force or a Crew is value to the commodity Create a positive required. But a strong being sold by offering experience for each empowering leader is superior service customer and do so on a essential as sales people consistent basis. are not self starters.
  • 22.
  • 23.
  • 24. The Bottom Line • "Selling the Wheel" may be set in Ancient Egypt, but the timeless lessons in it apply to the latest innovative technology products. • Entrepreneurs without heavy sales experience and training will find it invaluable. • Even for those with sales experience, it's a useful overview and may help give a new perspective on things if your company is in a sales slump. • A very enjoyable and educational read!