"Willy: I don't know why—I can't stop myself— I talk too much. A man oughta come in with a few words. Charlie's a man of few words, and they respect him.
Linda: You don't talk too much, you're just lively."
Death of a Salesman by Arthur Miller
We all have sympathy for poor Willy Loman in Death of a Salesman. He knew he talked too much, but he couldn't figure out why. And he couldn't stop talking too much even though he wanted to be like Charlie, a man of few words who was respected by all.
Let's face it: salespeople talk too much.
And when salespeople talk too much, they generate too few customers. “Listening to me” was the third most influential factor in buyer purchase decisions according to our recent study. Sixty-eight percent of buyers are highly influenced by sellers who listen well. But sellers don’t deliver. Buyers report that only 26% of sellers are effective listeners.
Why do we talk too much?
Let's start there.
There are many reasons sellers talk too much in their sales conversations. Consider these:
I like to hear myself speak: Your prospect may even like the sound of your voice, but after a few minutes, he or she may look for the door. If you look around the room (or video conference) and your prospects' eyes are glazing over, your melodious voice has lost its luster.
When selling via virtual meetings, your attentiveness to buyer engagement is even more important. It’s easier for buyers to become distracted and it’s harder to regain their attention. Stop and check in more often to keep buyer engagement high.
These are just some of the reasons we tend to talk too much when we enter into a sales conversation. Other reasons salespeople talk too much are: they feel the need to cover perceived objections, they want to impress the buyer with their deep product knowledge, or they simply have too much to say.
The key for you is to understand why you, specifically, talk too much. That way you can develop a personal plan to cut down on the soliloquies.
You may be thinking, "So what if I talk too much? I have a great product or service to sell and I know my stuff. Isn't it important for buyers to know what I know so they can understand what I can do for them?"
Perhaps, but here’s what you miss when you do too much of the talking:
Opportunity to build trust and rapport: Buyers buy from people they like. They listen to people they like. They take advice from people they like. If you’re doing all the talking, you won’t pick up on the signals that indicate what’s important to the buyer. You miss the connection—the rapport—you can build.
Eighty-eight percent of sellers say developing relationships and 87% of sellers say building rapport are top challenges in a virtual selling environment. Don’t make your job even harder by doing all the talking.
Everyone loves to talk about themselves—to tell their story. If you don’t give buyers a chance to do so, they often feel ignored, overwhelmed, and most importantly, unheard. This isn’t a good way to start a relationship.
Uncovering needs: When salespeople enter initial sales conversations, many have strong knowledge of what they can do for their buyers, but understandably only a vague notion of what the buyer truly needs. The most influential factor in buyer purchase decisions is a seller’s ability to lead a thorough needs discovery (71% of buyers rate this as highly influential).
If you’re doing all the talking, you can only guess which components of your products and services will offer the greatest value. You miss the chance to craft something special for them. And if you don't know all their needs, you miss out on building larger solutions (and thus generating the most revenue possible).
The chance to demonstrate what it’s like to work with you: What better way to engage potential clients than to have them experience what it’s like to work with you as their trusted advisor. When you listen, show interest in their issues, and ask insightful questions, you provide the prospect with a glimpse into what it’ll be like to work with you.
Assuming you'd like to break the habit of talking too much, what next?
Approach sales conversations like, well, conversations: Before you engage a sales conversation, think to yourself, "If I needed to get a full picture of the buyer’s world before going forth and building a solution for them, how would I approach it?"
Approaching the conversation this way versus thinking, "I’m now selling a new customer," will help the conversation move along more naturally, keep you from talking too much, and help you avoid missing key signals.
We all know the more we listen to our customers, the more we can find out how to help them. So listen to your buyers before they become your customers.
If all else fails, just remember: "Charlie's a man of few words, and they respect him."