What can't be sold on the phone?

25 replies
I was just wondering what determines what can or can't be sold on the phone vs. face to face?

E.g. Stocks and investments can be sold on the phone but apparently not life insurance.
#phone #sold
  • Profile picture of the author Claude Whitacre
    Why can't life insurance be sold over the phone? I think anything that didn't require a personal, hands on demonstration, could be sold over the phone. You can always direct a prospect, while you have them on the phone, to a website.
    Signature
    One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

    What if they're not stars? What if they are holes poked in the top of a container so we can breath?
    {{ DiscussionBoard.errors[9586611].message }}
  • Profile picture of the author socialentry
    To be honest, I read it in Telephone Selling in the 90s and they didn't expand on the concept. I was just curious because it didn't really make sense as stocks is a much bigger risk then life insurance.

    The tradition of door to door/appointment model seems very entrenched in certain industries.
    {{ DiscussionBoard.errors[9586622].message }}
    • Profile picture of the author savidge4
      The one and only phone call I get related to selling something to me, is Life Insurance
      Signature
      Success is an ACT not an idea
      {{ DiscussionBoard.errors[9586642].message }}
    • Profile picture of the author kenmichaels
      Originally Posted by socialentry View Post

      To be honest, I read it in Telephone Selling in the 90s and they didn't expand on the concept. I was just curious because it didn't really make sense as stocks is a much bigger risk then life insurance.

      The tradition of door to door/appointment model seems very entrenched in certain industries.
      If I can sell plastic pellets by the ton to factories ... then I guess you
      can probably sell just about anything.

      ... and fyi ... I have sold some really dumb stuff for people over the years
      Signature

      Selling Ain't for Sissies!
      {{ DiscussionBoard.errors[9588677].message }}
      • Profile picture of the author bizgrower
        Originally Posted by kenmichaels View Post

        If I can sell plastic pellets by the ton to factories ... then I guess you
        can probably sell just about anything.

        ... and fyi ... I have sold some really dumb stuff for people over the years
        Claude's still mad about those Riffle dolls you sold him.
        Signature

        "If you think you're the smartest person in the room, then you're probably in the wrong room."

        {{ DiscussionBoard.errors[9588885].message }}
  • Profile picture of the author bizgrower
    [DELETED]
    {{ DiscussionBoard.errors[9588903].message }}
  • Profile picture of the author bizgrower
    Perhaps no life insurance via phone in or to certain states or countries where it's not allowed.
    Or was not allowed when the book Social referenced was written.
    Signature

    "If you think you're the smartest person in the room, then you're probably in the wrong room."

    {{ DiscussionBoard.errors[9588942].message }}
  • Profile picture of the author joshril
    Originally Posted by socialentry View Post

    I was just wondering what determines what can or can't be sold on the phone vs. face to face?

    E.g. Stocks and investments can be sold on the phone but apparently not life insurance.
    I've sold life insurance and health insurance over the phone... quite successfully!

    There's very little, if anything that can't be sold on the phone... I've done work with companies selling 6 and 7 enterprise software over the phone...

    Now, with many things, you're not going to close the deal the first time you speak with someone over the phone, but the entire sales process can be done via phone and even email in most cases...

    You just have to do it the right way and know your market and how they prefer to do business.

    Thanks,


    Josh
    {{ DiscussionBoard.errors[9590366].message }}
  • Profile picture of the author Triplescan
    You could sell pretty much everything on the phone, but you'll have to see if there some rules and regulations about it. Guns and ammo don't seem like phone sale material. But you could build yourself a site too related to what you want to sell and for further information redirect people there, they will feel more in control this way. Good luck!
    Signature
    {{ DiscussionBoard.errors[9594088].message }}
    • If you have sold yourself 1st, on the phone...

      built trust and credibility..

      which is sales 101...

      what can't be sold on the phone?
      {{ DiscussionBoard.errors[9594888].message }}
      • Profile picture of the author kenmichaels
        Originally Posted by kirbymarketingconcierge View Post

        If you have sold yourself 1st, on the phone...

        built trust and credibility..

        which is sales 101...

        what can't be sold on the phone?
        I made a bet with a colleague once - back during my youthful indiscretion phase.

        The bet was I could not call a random person in the phone book and
        sell them a made up business opportunity.

        The catch to the bet was - They ( my colleague and a few others )
        had to feed me words and lines as I was "pitching" and I had to use
        them AND I had to pull a CC in order to win.

        The stuff they came up with was ridiculous .
        I wound up "selling" a bushel of garlic and a farmers almanac
        as a complete business in a box. All on the fly.

        Back then I felt like a King - now when i look back it hard
        not to be ashamed. However I do have to admit, it was great
        for training and my own personal moral at the time.

        I rode that sales wave for the better part of a year. Which
        in and of itself taught me another valuable lesson.

        When your focused and in the zone - when you find the sweet spot
        we all have deep down inside - Selling is easier then tying your shoes.

        And its a heck of a lot of fun. ( For me anyway)
        Signature

        Selling Ain't for Sissies!
        {{ DiscussionBoard.errors[9595147].message }}
        • Profile picture of the author Claude Whitacre
          Originally Posted by kenmichaels View Post

          I made a bet with a colleague once - back during my youthful indiscretion phase.

          The bet was I could not call a random person in the phone book and
          sell them a made up business opportunity.

          The catch to the bet was - They ( my colleague and a few others )
          had to feed me words and lines as I was "pitching" and I had to use
          them AND I had to pull a CC in order to win.

          The stuff they came up with was ridiculous .
          I wound up "selling" a bushel of garlic and a farmers almanac
          as a complete business in a box. All on the fly.

          Back then I felt like a King - now when i look back it hard
          not to be ashamed. However I do have to admit, it was great
          for training and my own personal moral at the time.

          I rode that sales wave for the better part of a year. Which
          in and of itself taught me another valuable lesson.

          When your focused and in the zone - when you find the sweet spot
          we all have deep down inside - Selling is easier then tying your shoes.

          And its a heck of a lot of fun. ( For me anyway)
          When I sold encyclopedias for several months (back when there actually were encyclopedia salesmen), my teacher was a can man of the worst order.
          But i learned a great deal about human nature, watching him sell.

          To prove a point, one day he told me to listen carefully to the words he said in his presentation. He said he was going to say the most terrible things, and it wouldn't matter...because the prospect was in a sort of a fog, not really listening.

          I remember these little gems;

          "We buy these books for about two hundred dollars, and then we sell them to people like you for eighteen hundred. So it's quite lucrative for us"

          "The books we are taking as a trade in are exactly like the ones you are getting from us, but with a different binding"

          "We like to find moochie couples like yourselves, because you are so much easier to sell"

          He would have to throw in these statements in the middle of the presentation.....when the prospects were lulled a little.

          It was his way to show me that it's mostly tone of voice, body language, and a reassuring manner that sells.

          The people were absolutely convinced that they were getting a free set of encyclopedias...except for the three years of $79 payments.

          I worked with him for a month or so, and then had to re-do the presentation...to make it ethical. But I have to admit, he sure sold more than I did. But when I sold a set the way he taught me, it would anger me that people were so naive. And I had to stop.
          Signature
          One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

          What if they're not stars? What if they are holes poked in the top of a container so we can breath?
          {{ DiscussionBoard.errors[9595212].message }}
          • Profile picture of the author socialentry
            Originally Posted by Claude Whitacre View Post

            "The books we are taking as a trade in are exactly like the ones you are getting from us, but with a different binding"
            I get it that trust and credibility can get you very very far

            but don't these people at any one point during the presentation or post-sales just crack open the books and say "hey, it's the same thing as I have now! Honey, I think we've been had".
            {{ DiscussionBoard.errors[9595319].message }}
            • Profile picture of the author kenmichaels
              Originally Posted by socialentry View Post

              I get it that trust and credibility can get you very very far

              but don't these people at any one point during the presentation or post-sales just crack open the books and say "hey, it's the same thing as I have now! Honey, I think we've been had".
              People will go out of there way to prove that they haven't "been had"
              It is an epidemic.

              The last 10 years have changed that somewhat. You take one person
              who got scammed or taken advantage of - he goes out of his way to prove
              it never happened ...

              Same guy gets online and sees just a few people saying the same thing
              he goes bonkers ( and right fully so - in my eyes )

              Despite what some say, quite often people really do "learn a lesson ".

              Why do they do that? I don't know ... maybe its a herd mentality or something
              or perhaps they feel vindicated or empowered knowing they were not
              the only one.

              I really don't have a clue.
              Signature

              Selling Ain't for Sissies!
              {{ DiscussionBoard.errors[9595334].message }}
            • Profile picture of the author Claude Whitacre
              Originally Posted by socialentry View Post

              I get it that trust and credibility can get you very very far

              but don't these people at any one point during the presentation or post-sales just crack open the books and say "hey, it's the same thing as I have now! Honey, I think we've been had".
              The reality is, that almost no encyclopedias are ever opened. They would have no idea that it's the same content.
              Signature
              One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

              What if they're not stars? What if they are holes poked in the top of a container so we can breath?
              {{ DiscussionBoard.errors[9595514].message }}
          • Profile picture of the author kenmichaels
            Originally Posted by Claude Whitacre View Post

            It was his way to show me that it's mostly tone of voice, body language, and a reassuring manner that sells.
            I was lucky to learn that early in my career. - again - more bets.

            A hat full of cartoon names, randomly selected.

            The entire pitch had to be done in that voice.

            Bugs Bunny -Elmer Fudd - heavy stutter -you get the idea.

            Have you ever noticed ... some of the best lessons come from doing
            something absolutely reckless and stupid?

            Seems to me, that's how I learned best in my twenties.

            Social,
            Cartoon voices were the beginning of me learning to mirror - i just did not know it.
            Signature

            Selling Ain't for Sissies!
            {{ DiscussionBoard.errors[9595348].message }}
  • Profile picture of the author bizgrower
    I too sold Encyclopedias door to door.
    I should say I followed my trainer for a couple of days before I quit.

    His prospecting did not seem ethical to me.
    Pick these lower income neighborhoods.
    Look for signs of people overextending themselves on credit: boats and campers
    in the driveway.
    Look for signs of kids: toys and bicycles in the yard
    His angle was that they would believe "education is good" and would put it on credit.
    Signature

    "If you think you're the smartest person in the room, then you're probably in the wrong room."

    {{ DiscussionBoard.errors[9595415].message }}
    • Profile picture of the author kenmichaels
      Originally Posted by bizgrower View Post

      I too sold Encyclopedias door to door.
      I should say I followed my trainer for a couple of days before I quit.

      His prospecting did not seem ethical to me.
      Pick these lower income neighborhoods.
      Look for signs of people overextending themselves on credit: boats and campers
      in the driveway.
      Look for signs of kids: toys and bicycles in the yard
      His angle was that they would believe "education is good" and would put it on credit.
      If your going to tell war stories ... you need to come up with something
      better then that

      although, I must admit: "they would believe "education is good"" ... is priceless!
      Signature

      Selling Ain't for Sissies!
      {{ DiscussionBoard.errors[9595440].message }}
    • Profile picture of the author Claude Whitacre
      Originally Posted by bizgrower View Post


      His prospecting did not seem ethical to me.
      Pick these lower income neighborhoods.

      Why do you think he picked lower income neighborhoods? It was far easier to get in the door. It was easier to get the person to accept a presentation. The odds were also much greater that the husband and wife would both be home. And lower income people buy easier. It isn't ethics, it's demographics.

      Look for signs of people overextending themselves on credit: boats and campers
      in the driveway.


      It isn't that they are overextending themselves...it's that they are buyers. And they make less than brilliant buying decisions. And they probably make quick buying decisions.
      If I saw someone with a huge TV dish in their yard...I knew that they were the kind of people that loved to buy stuff. And I was going to be the next guy they bought from.

      Look for signs of kids: toys and bicycles in the yard
      If they don't have kids, why would they buy a set of encyclopedias?

      His angle was that they would believe "education is good" and would put it on credit.
      If kids actually used the encyclopedias...they would help in school. Remember, this is before home computers. And people that make silly buying decisions always buy on credit....and "Education is good."

      My problem with the presentation wasn't that the product was bad, it was a great set of books. In fact, I thought it was a good deal. And the people got exactly what they paid for.

      My problem was that the story I was taught to sell, simply wasn't true. And to any really thinking person, it would be obvious. That's another reason we went to poorer areas.

      I'll be as straight about this as I can. Door to door salespeople thrive on lower income people. Not because they are evil, but because the sales are easier.

      When I sold vacuum cleaners, most of our customers owned a mobile home (usually a nice one), or rented. The doors were just closer together. Our referrals were a better quality than our cold calls.
      Signature
      One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

      What if they're not stars? What if they are holes poked in the top of a container so we can breath?
      {{ DiscussionBoard.errors[9595584].message }}
      • Profile picture of the author bizgrower
        Originally Posted by Claude Whitacre View Post

        If kids actually used the encyclopedias...they would help in school. Remember, this is before home computers. And people that make silly buying decisions always buy on credit....and "Education is good."

        My problem with the presentation wasn't that the product was bad, it was a great set of books. In fact, I thought it was a good deal. And the people got exactly what they paid for.

        My problem was that the story I was taught to sell, simply wasn't true. And to any really thinking person, it would be obvious. That's another reason we went to poorer areas.

        I'll be as straight about this as I can. Door to door salespeople thrive on lower income people. Not because they are evil, but because the sales are easier.

        When I sold vacuum cleaners, most of our customers owned a mobile home (usually a nice one), or rented. The doors were just closer together. Our referrals were a better quality than our cold calls.
        My experience was a looong time ago. It was probably the way the trainer explained
        things that made me think his approach was unethical more than practical. And his attitude
        towards the prospects.

        We had the World Book Encyclopedia at home when I was a kid. I probably took it for granted then,
        but I realize that it saved me - or my parents - a lot of trips to the library. Certainly got used by us
        kids for school research. And when I wanted to know more about something: WorldBookit in stead of
        Google it. I remember watching a Western, wanting to know more about something in the movie and
        then going to the encyclopedia to learn more about Geronimo. Mom was so impressed
        Signature

        "If you think you're the smartest person in the room, then you're probably in the wrong room."

        {{ DiscussionBoard.errors[9595809].message }}
        • Profile picture of the author Claude Whitacre
          Originally Posted by bizgrower View Post

          [
          We had the World Book Encyclopedia at home when I was a kid. I probably took it for granted then, but I realize that it saved me - or my parents - a lot of trips to the library. Certainly got used by us kids for school research. And when I wanted to know more about something: WorldBookit instead of Google it. I remember watching a Western, wanting to know more about something in the movie and then going to the encyclopedia to learn more about Geronimo. Mom was so impressed
          World Book and Encyclopedia Britannica were both fine ethical companies. And they trained their reps to be trustworthy. I went through the Britannica training, just so I could learn better how to sell my own encyclopedias (not really fair to the company)

          But the set that I sold? I bought about 52 volumes from the publisher for maybe $180 total. Then I would sell them for about $1,800. and would finance them myself. I had payment books, and my own financing business.
          Signature
          One Call Closing book https://www.amazon.com/One-Call-Clos...=1527788418&sr

          What if they're not stars? What if they are holes poked in the top of a container so we can breath?
          {{ DiscussionBoard.errors[9596214].message }}
          • Profile picture of the author bizgrower
            Originally Posted by Claude Whitacre View Post

            World Book and Encyclopedia Britannica were both fine ethical companies. And they trained their reps to be trustworthy. I went through the Britannica training, just so I could learn better how to sell my own encyclopedias (not really fair to the company)

            But the set that I sold? I bought about 52 volumes from the publisher for maybe $180 total. Then I would sell them for about $1,800. and would finance them myself. I had payment books, and my own financing business.
            I cannot remember which brand of encyclopedia I contemplated selling.
            The particular trainer was probably not a good salesman.
            Like I said, he did not explain prospecting in a good way, and I don't
            remember a good or bad thing from the couple of presentations I sat
            through.
            Signature

            "If you think you're the smartest person in the room, then you're probably in the wrong room."

            {{ DiscussionBoard.errors[9596346].message }}
  • Profile picture of the author nameless7
    Technically complex products. People can't make an informed decision, they need some time to gather more information about such products (especially when the price is quite high)
    {{ DiscussionBoard.errors[9597132].message }}
  • Profile picture of the author misterme
    Working at a Chevy car dealership being told by the sales manager at the weekly sales meeting, "and those two fees it mentions at the bottom of the ad? Remember, you get a commission on that too. So make it any number you want. $200, $800, whatever." For the record, I quit soon after.
    {{ DiscussionBoard.errors[9597732].message }}
  • Profile picture of the author Christian Grey
    In my Country i got everyday calls . People saying i got reward and they will send it to me for free i just need to pay 25$ Shipping.

    Just to know the reward cost 10$ in local Store
    {{ DiscussionBoard.errors[9597786].message }}

Trending Topics