Justin Cohen’s business book Pitch to Win has just hit the second spot on the Exclusive Books Business list. That’s because the book exposes the secret to career success, no matter the field. Cohen says he learnt the hard way that it wasn’t good enough to be great at what he does, he also has to be great at pitching what he does.
Here, Cohen shares the basics of how to present, persuade and close the deal, even if you ‘hate selling’, based on his six-step formula, which has been credited with winning some of the toughest deals and exponentially increasing sales.
Have you ever been convinced that you had the best offering, yet lost the deal to a competitor offering less value at a higher price? That’s happened to me a lot. I struggled for years to close deals.
I remember the day I finally got my wake-up call: I’d just lost a five-figure deal, to someone offering less value at a higher price! Working out my frustration at the gym, it hit me: if I was convinced my offering was the best and I didn’t get the deal, then clearly offering great value is not enough.
It’s not enough to have the best product, you’ve got to have the best pitch.Imagine bringing a life-saving drug into the world. A drug that cures a form of cancer. Surely you wouldn’t have to market that? News would spread like wildfire. Sick people would be beating your door down.
But you’d be wrong, as pharmaceutical companies spend more on pitching their drugs than they do on research and development. If it’s like that for a cure for cancer, why should it be any different for what you and I have to offer? When I faced that reality, I decided to master this field.
It’s really no different to anywhere else. International research shows there are ten top reasons why one pitch is chosen over another. The paper proposal is tenth on the list, but energy and enthusiasm rank in the top spot. That largely comes through not in what we say, but how we say it.
Of course, the message is important but people don’t remember what you say, they remember how you say it!
Until machines take over procurement and recruitment, we need to understand human psychology if we are to win over humans.
I want to give you a ‘rejection vaccine’, as a vaccine is like karate training for the immune system. By implanting a tiny amount of the disease, the body learns to defend itself against it. If rejection is the disease or dis-ease, as in, it makes us feel uneasy, the best way to defend ourselves against it is to expose ourselves to it.
If you avoid it, you build up even more fear toward it. The more you experience it, the more immune you become to it. So by regularly offering your services through big pitches or small – experiencing the inevitable rejection that will come, you will find it less and less scary. The key is to feel the fear and do it anyway.
The more you pitch, the less fear you feel. And the more you pitch, the more likely you are to eventually win.So whenever you can, grab opportunities to pitch your ideas, products or services.
And know that God’s delays are not God’s denials. As long as you’re offering great value, success is around the corner, but you won’t get there if you don’t get out there and ask for the business.
The ‘Pitch to win’ 6-step 'TTOPPS' model is:
1) Tune in. She who listens best, wins. The pitch is won in your understanding of what they need and want.
2) Team. A pitch is not won by one! The relationships with your team is critical to your success.
3) Optimism. When you pitch a lot, you get rejected a lot, which is why a positive expectation that you will eventually win is key to success.
4) Presence. How you say it is more important than what you say.
5) Purpose. We all want to buy from people who truly want to serve us more than themselves.
6) Story. Emotional stories win over dry facts.
Simple as that. For more information on Justin Cohen, his book Pitch To Win and upcoming speaking events, keep an eye on his website as well as his LinkedIn, Twitter and Facebook profiles.
