The 6 Basic Elements of a Great Sales Story with Edith Crnkovich, Ep #301

Published: June 8, 2022, 7 a.m.

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Technology products and services can be complex. They also solve complex and complicated problems. Storytelling can better explain complex ideas while also allowing the salesperson to create an empathetic and emotional bond with their audience. It builds trust with your audience quickly. So how do you build a great story? Edith Crnkovich shares the 6 basic elements of a great sales story in this episode of Sales Reinvented.\\xa0

Outline of This Episode

  • [0:43] Why is storytelling an important skill?
  • [1:28] You\\u2019re actually a natural storyteller
  • [5:01] The ingredients of a great story\\xa0
  • [6:42] Become a good collector of stories
  • [8:05] Embrace these resources to improve your storytelling
  • [10:16] Top 3 storytelling dos and don\\u2019ts
  • [14:27] Why do stories need to be concise?
  • [15:20] Don\\u2019t downplay the power of storytelling

You\\u2019re actually a natural storyteller (here\\u2019s how to perfect the craft)\\xa0

Edith believes that everyone is gifted at storytelling\\u2014they\\u2019re just not used to telling stories in a business environment. You meet with friends and share stories about your day. You share stories about your day with your spouse and children. Every human being knows how to tell stories\\u2014it\\u2019s an innate skill. The problem is that people think they can\\u2019t tell stories in a business environment, especially in the tech world. People\\xa0forget\\xa0that they\\u2019re natural storytellers. But you can always learn how to tell stories better.\\xa0

The 6 basic elements of a great sales story

There are six basic elements inside any business story:

  • What is the major theme that you want to talk about? Is it aligned with your audience?
  • What is special about the setting, time, and place? Time can be important when it comes to being competitive in business.
  • What is the plot of the story? What series of events are connected to the central theme?\\xa0
  • Who are the characters in your business drama? What are their aspirations, agendas, and fears?
  • Who or what is in conflict? Conflict is central to telling a really good story.
  • How do the characters change or transform through a challenge?\\xa0

This is how Edith teaches businesspeople to unpack storytelling. But what makes a great story? Edith believes it comes down to three elements:

  • Surprise: You want to surprise your audience so they don\\u2019t know where you\\u2019re going with the story.
  • Tension: You want tension and excitement, usually by introducing conflict. Conflict usually reveals a deeper meaning and highlights values, weaknesses, motivations, etc.
  • Relatability: The audience must relate to the story emotionally and intellectually.\\xa0

What are the attributes of a great storyteller? Listen to hear Edith\\u2019s thoughts!

Top 3 storytelling dos and don\\u2019ts

Edith shared some savvy storytelling dos and don\\u2019ts:

  • Start with a story and end with a story. When you have to present a proposal to decision-makers, many salespeople start by sharing an agenda. Throw that out. Make the first slide an interesting story that will hint at the customer\'s problem, the solution, and create an empathetic bond. Ending with a story allows you to choose one point of value to deliver to the customer\\u2014making them the hero of the story.\\xa0
  • How you craft your story is important. It needs to be emotional, but concise. Make it no more than three minutes. A crisp story holds attention. You need to hold tension without losing the attention of your audience.
  • While you want to surprise your audience, you must quickly show how it connects to the business solution that you\\u2019re offering.\\xa0
  • Don\\u2019t tell a random story to warm up your audience. Business people don\\u2019t want a random story. They want to hear a story that leads to how you\\u2019ll solve their problem.
  • Don\\u2019t tell your story in a monotonous tone. Put some life into it.\\xa0
  • If you\\u2019re going to share a feel-good story\\u2014and aren\\u2019t prepared to share the bad and the ugly\\u2014don\\u2019t bother with the story. Conflict and resolution are key.\\xa0

Don\\u2019t downplay the power of storytelling

Edith worked on a health technology product that hospitals in Europe had been using (it was fairly new). They were trying to bring the product into Australia. However, Australians don\\u2019t like to consider products that haven\\u2019t yet been proven effective in Australia. Hospital budgets are quite tight, often given to them by the government. Because of this, they are very careful about decisions with technology projects.\\xa0

So the sales team put together a proposal for a prospect. They called Edith in to help them. Edith advised them to start their presentation with a story that would emotionally resonate. So they shared how many people who suffer from a stroke die. Sadly, strokes are highly preventable and far too many people are dying from them. If these people had access to their medical technology, they could have survived. She helped them craft the story in about 350 words.\\xa0

They continued to weave storytelling throughout the proposal. When the sales team turned up to give this\\xa0unsolicited\\xa0proposal, it hit on an emotional level. They created curiosity. The decision-makers felt understood. What happened next? Listen to the whole episode to learn more!

Resources & People Mentioned

Connect with Edith Crnkovich

Connect With Paul Watts\\xa0

Subscribe to SALES REINVENTED

Audio Production and Show notes by
PODCAST FAST TRACK
https://www.podcastfasttrack.com

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