Think Like Your Customer: A Winning Strategy to Maximize Sales by Understanding and Influencing How and Why Your Customers Buy

( 5 )

Overview

How to capture customers by learning to think the way they do

The most common complaint Bill Stinnett hears from his corporate clients is that would-be vendors and suppliers "just don't understand our business." In Think Like Your Customer, Stinnett explains why the key to landing corporate customers is to learn to think about the things executives and business owners think about and understand how they make complex buying decisions.

Drawing ...

See more details below
Paperback
$13.99
BN.com price
(Save 17%)$16.95 List Price

Pick Up In Store

Reserve and pick up in 60 minutes at your local store

Other sellers (Paperback)
  • All (51) from $1.99   
  • New (3) from $3.80   
  • Used (48) from $1.99   
Think Like Your Customer: A Winning Strategy to Maximize Sales by Understanding and Influencing How and Why Your Customers Buy: A Winning Strategy to Maximize Sales By Understanding and Influencing How and Why Your Customers Buy

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK 7.0
  • Samsung Galaxy Tab 4 NOOK 10.1
  • NOOK HD Tablet
  • NOOK HD+ Tablet
  • NOOK eReaders
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$10.49
BN.com price
(Save 38%)$16.95 List Price

Overview

How to capture customers by learning to think the way they do

The most common complaint Bill Stinnett hears from his corporate clients is that would-be vendors and suppliers "just don't understand our business." In Think Like Your Customer, Stinnett explains why the key to landing corporate customers is to learn to think about the things executives and business owners think about and understand how they make complex buying decisions.

Drawing upon his years of experience as a Fortune 500 consultant, he offers sales and marketing professionals a powerful framework for understanding the inner workings of a business; knowing what motivates its executives and influences their buying decisions; identifying a company's organizational structure and decision-making psychology; and using that information to develop a winning strategy for influencing how and why the customer buys.

In addition, you receive:

  • Solid marketing insights delivered in a fun, breezy style by a top corporate consultant and seminar leader
  • Expert tips on how to maximize the value and profitability of relationships with corporate clients and customers

Read More Show Less

Product Details

  • ISBN-13: 9780071441889
  • Publisher: McGraw-Hill Professional Publishing
  • Publication date: 10/25/2004
  • Edition number: 1
  • Pages: 288
  • Sales rank: 565,579
  • Product dimensions: 8.50 (w) x 8.80 (h) x 0.70 (d)

Meet the Author

Bill Stinnett is the president of Sales Excellence, Inc. and is a highly sought-after speaker, trainer, and consultant in marketing, sales, and business profitability. His clients include General Electric, Microsoft, Verizon, EDS, and American Express.

Read More Show Less

Read an Excerpt

THINK LIKE YOUR CUSTOMER

A Winning Strategy to Maximize Sales by Understanding How and Why Your Customers Buy


By BILL STINNETT

The McGraw-Hill Companies, Inc.

Copyright © 2005Bill Stinnett
All rights reserved.
ISBN: 978-0-07-144188-9


Excerpt

CHAPTER 1

What Customers Think About


When I was a kid, I loved to go fishing with my dad. We always had a lot of fun. The only thing that wasn't very fun about it was that he could normally catch fish all day long and I couldn't catch anything. Well, as a nine-year-old kid I could get pretty frustrated, and it usually wasn't long before I resorted to my standard incessant question, "What am I doing wrong? What am I doing wrong?" His advice was always the same. He said, "Son, if you want to catch a fish, you have to think like a fish." I remember being even more frustrated then because, "I'm not a fish!" I didn't know how to think like a fish. Besides, I reasoned, how could the way that I think influence what a fish does or doesn't do?

As I got a little older I began to understand what my dad was really trying to say to me. What he meant was I needed to learn to think about what fish think about. So, I decided to do some reading and research. I went to the library and found some books on fish. I subscribed to several fishing magazines, and I even joined the local bass fishing club and started attending the monthly meetings. I learned all kinds of things.

Did you know that a fish is a cold-blooded animal? Therefore, fish are very sensitive to water temperature, and generally speaking they would rather be in warmer water as opposed to colder water when they can. Water is usually warmer in direct sunlight than in the shade, but fish don't have any eyelids and the sun hurts their eyes. Shallow water is usually warmer than deep water, and it tends to hold a wide variety of food sources. But even if there is adequate cover (a boat dock or a thick growth of lily pads), so that they feel safe moving into the shallows, fish always position themselves so they can quickly escape to deeper water to avoid predators or threats of any kind. As I took the time to learn and understand more about all the different things that concern fish, I became much more effective at finding and catching them.

Later on, when I entered the business world, I remember hearing my first boss say, "Although we each have different titles and responsibilities here in this company, we are really all in sales. We all need to think like salespeople." I also started attending sales seminars and I read a number of books on sales. They all seemed to revolve around the thought, "Here's the way top salespeople think." I appreciate the point that my former boss and those trainers and authors were trying to make, but it didn't completely make sense. My dad never once said, "If you want to catch a fish you need to think like a fisherman." What he said was, "You need to think like a fish."

In my work as a speaker and trainer in the field of sales performance and business profitability, I teach business professionals, and especially those in sales, to quit thinking like salespeople. What we all need to do is to start thinking more like customers! Admittedly, this is not always the most natural thing to do.

As I built my own professional career, I managed to work my way into a very uncomfortable position. I had sought out opportunities to sell enterprise-wide solutions and long-term services engagements with price tags in six and seven figures in order to maximize my own income potential. But because of the cost and the scope of the things that I sold, I had no choice but to deal with business owners and senior executives. This meant I often had to engage people twice my age—some of whom made more money every month than I made in a year—and help them arrive at my conclusions.

It quickly became glaringly apparent that if I was going to be effective dealing with, for example, the chief financial officer (CFO) of a major corporation, then I was going to have to think like a CFO. And for me that was a problem. I didn't know how to think like a CFO, because I had never been one. But in time, with determination and a ton of personal effort, I did learn to think about what CFOs think about. And so can you. This book will show you how.


Your Customer's World

With the exception of those who make their living as purchasing agents or secret shoppers, most people aren't professional customers. Rather, they are professional engineers, accountants, human resource managers, customer service reps, chief executive officers (CEOs), or whatever. They spend their time thinking about the things that are most important to them and to the people they care about, are responsible for, and accountable to. They think about family issues, the weather, where to go for lunch, an upcoming sports event, or whichever global calamity dominated the morning news. While they're at work they also spend at least part of their time thinking about their jobs, their responsibilities, and their objectives, as well as the expectations and obligations placed on them by themselves and others.

While there is no way we can know everything our customers are thinking about, one thing is relatively certain: they're not spending a whole lot of time sitting around thinking about being our customer. In fact, dealing with vendors and suppliers is considered by many to be somewhat of a pain. Even those who frequently deal with outside vendors typically see it as a means to an end, and unless they work in procurement, it is just one of the many hats they wear each day.

Your customers, or those you hope soon will be, are busy. They are deluged with correspondence of every kind. They've got 150 e-mails in their inbox, eleven unplayed voice-mail messages, and a stack of papers on their desk that need to be dealt with ASAP. No wonder when we call it seems as if we are interrupting them. We are!

Imagine for a moment that you are one of the executives on your prospect list. What are some of the things that might occupy your mind? If you were in their position, would you make the time to take a phone call from a salesperson you didn't know? A general manager who attended one of our workshops recently shared his perspective with the team. He said, "Sometimes I do end up talking to salespeople on the phone ... when I'm expecting a call from someone else and I accidentally pick up the wrong line."

Our customers (or clients) really aren't that much different than we are. Wouldn't it stand to reason that if we spend most of our day thinking about how to keep our boss happy and how to take better care of our customers, our clients probably spend most of their day thinking about how to keep their boss happy and how to take better care of their customers? If we could figure out how to help them do that, and then communicate to them that we could, we might find a lot less resistance.

At some point in my career, I came to the realization that ...

For those of us in professional sales, our customers are the people outside our company who buy what we sell. But for many people in a corporate setting—whether department managers or individual contributors—their customer is their boss or some other "internal customer" who "buys" whatever they produce at a predetermined contract rate (a salary) and then uses that work product to serve and satisfy yet other internal customers within their company.

A design engineer's customer might be the manufacturing department that uses his blueprint as a guide to making a new product or component. The accounting department's customers are the various internal or external consumers of the financial data, reports, and analyses that they produce. The CEO's customers are the shareholders who "buy" a little piece of the company (i.e., shares of stock) based on the promise of favorable returns, which they hope wil
(Continues...)


Excerpted from THINK LIKE YOUR CUSTOMER by BILL STINNETT. Copyright © 2005 by Bill Stinnett. Excerpted by permission of The McGraw-Hill Companies, Inc..
All rights reserved. No part of this excerpt may be reproduced or reprinted without permission in writing from the publisher.
Excerpts are provided by Dial-A-Book Inc. solely for the personal use of visitors to this web site.

Read More Show Less

Table of Contents

Contents

Acknowledgments          

Introduction          

PART I WHY CUSTOMERS BUY          

CHAPTER 1 What Customers Think About          

CHAPTER 2 What Customers Really Want          

CHAPTER 3 How Customers Perceive Value and Risk          

CHAPTER 4 The Cause and Effect of Business Value          

CHAPTER 5 The Value of Customer Relationships          

PART II HOW CUSTOMERS BUY          

CHAPTER 6 The Sales Process—Redefined          

CHAPTER 7 Anatomy of a Buying Decision          

CHAPTER 8 Reverse-Engineering the Buying Process          

CHAPTER 9 Elevating the Buying Process          

CHAPTER 10 Accelerating the Buying Process          

Notes          

Index          


Read More Show Less

Customer Reviews

Average Rating 4
( 5 )
Rating Distribution

5 Star

(4)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(1)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing all of 5 Customer Reviews
  • Anonymous

    Posted December 16, 2014

    This book is a must for your sales collection. Stinnett gives pr

    This book is a must for your sales collection. Stinnett gives practical ideas on how to understand what drives different clients to buy.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted March 7, 2005

    A Big Hit!

    Mr. Stinnett offers a revolutionary new approach to sales. This book offers many practical ideas and concepts that breathe new life into the sales process and help you better understand the issues that ultimately drive the customers decision making process. A must read for any serious sales professional.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted February 2, 2005

    A Must Read For All Sales Professionals

    Whether you are rookie sales person trying to get ahead, or a veteran sales person looking for some fresh ideas on how to grow your business, this is the book for you. Bill Stinnett has really raised the bar on sales books in my opinion and provides easy to understand strategies and techniques for becoming a valuable partner with your customers. Think Like Your Customer gives easy to understand processes and strategies for outselling your competition and becoming an invaluable asset to your customers. Unlike most books which share only cute strategies on getting a customer to say ¿yes,¿ Think Like Your Customer spells out specific strategies on developing value and goodwill towards your prospects and customers. Each transaction must be mutually beneficial for both the customer and your company and often times many sales people forget this. Bill points out the extreme long-term value of developing this kind of approach and ultimately this kind of relationship with the customer and how it pays off in real dollar opportunity for you and your company. I would highly recommend this book to anyone that is looking for that edge over competition and wants to truly develop a long lasting relationship with their customers. It is a book that is jam packed full of excellent information that will have the mind racing and your heart pounding to get out there and get to work. It is a book that I know I will be returning to over and over again for both inspiration and motivation. I would say without a doubt this is a must read for anyone in the selling profession!

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted January 24, 2005

    Essential real-world advice for all salespeople

    As a sales and marketing executive with 20 years experience selling high-end products and services to Fortune 500 customers all over the world, I thought I already knew how customers think. How wrong I was. Bill Stinnett's terrific 'Think Like Your Customer' is chock full of practical and easy-to-use techniques to connect with prospects and to sell effectively. The book provided tons of ideas I had never even considered. What an eye-opener! This isn't gobbledygook from some sheltered MBA professor. Bill presents his essential advice based on decades of practical experience as a highly successful sales rep as well as a consultant and speaker to the world's greatest sales teams. I was particularly drawn to the hundreds of personal anecdotes and stories Bill tells about winning (and losing too) that help to illustrate the points in the book. The book reads like the sales VP you admire most in the world taking you to lunch every day for a month and spilling all his secrets and stories! This is a book you will turn to again and again. In fact, maybe you should buy three copies: one for the office, one for the briefcase, and one for home. David Meerman Scott, author of 'Cashing In With Content' (Cyber Age Books Summer 2005).

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted January 24, 2011

    No text was provided for this review.

Sort by: Showing all of 5 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)