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Going The Extra Mile
There is one sure way to get what you want in life, but few people actually do it. Put this practice firmly into your day to day business activities and you will have an advantage over the rest of the crowd.
Successful people realize their...
Have You Sold Your Internal Customers?
You can make the sale. You know your core message. You know your target market inside out, right?
But if you have even one employee than you've got another sales job to do. Everyone in your organization must also be sold on the dream you...
How To Raise Money For Starting A Business
The task of raising money for a business is not as difficult as most people seem to think. This is especially true when you have an idea that can make you and your backers rich. Actually, there's more money available for new business ventures...
Negotiating to Buy a New Car the Easy Way
Do you hate the thought of buying a new car because of the struggle you have to go through negotiating with the dealership? Relax. Negotiating to buy a new car is easy. Sure their sales people receive negotiation training, but you have the upper...
The Soy Candle Business Opportunity is selling itself and making profits for its business owners
If you love candles, and spend money on them constantly, maybe you should consider getting a soy candle business of your own. These candles tend to sell themselves. More than 80% of homes in the United States burn candles on a regular basis, and...
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Avoiding the Sales Talk Sledgehammers
There is a saying that when all you have a hammer, everything looks like a nail. The underlying idea is that given the choice of only one tool, you’ll probably try to use it in inappropriate situations. On the surface of many sales pitches is an appeal that at first sounds persuasive, but may actually be counter-productive for the intended prospect. Many of these appeals have become cliché’s, phrases repeated so often, that we don’t look at the logic behind them. In fact, an accepted premise of much sales training is that “people buy emotionally and justify logically.” However, this really doesn’t describe the purchasing habits of the sophisticated buyer.
Sophisticated buyers are well-informed consumers, accustomed to reaching a decision only after research and deliberation. They are much less likely to succumb to the pseudo-logic found in many scripted sales pitches. Sophisticated buyers look behind the logic of these claims and what they find amounts to sales sledgehammers—blunt, heavy instruments not well-suited to the job at hand. Their first impulse is to get away from them by disengaging. If you want to be successful with this type of buyer, you’ll need to avoid swinging the following sledgehammers.
“We have over 100 years combined experience in this area.” The “combined experience” phrase is a dead giveaway you’re stretching your credibility. Here are some ways the sophisticated buyer interprets combined experience. “We have 20 people in the firm, each with about 5 year’s experience. So we are spread extremely thin and not very deep.” “The reason we don’t have any one person with 20 year’s experience is that no one wants to stay here that long.”
Using this phrase in a relatively young field, such as technology, is downright silly. Besides, most people don’t care about experience nearly as much as results.
Sales people often tell prospects “That’s a great question!” It’s a decidedly clumsy attempt to compliment the prospect. Sophisticated buyers see through it immediately. Granted, some can use it with more finesse than others, but like most techniques, it is ineffective once recognized. If you insist on keeping it in your sales repertoire, here are three guidelines to use it more effectively. First, use it only once. By the third or fourth time people hear they’ve asked a great question, they become suspect. Second, don’t use it in a group of people. When everyone is asking great questions, no one feels special. Third, don’t plug it in automatically as part of a script. I’ve seen salespeople look for the opportunity to use this phrase, no matter how mundane the question.
“If you break the price of this down, it comes to the equivalent of one cup of café latte (or substitute your own) a day.” Many think café latte is overpriced in the first place and in the second place, some never drink it. This is a completely ineffective appeal to most. There is always the risk, that you
will choose an example that someone is unfamiliar with. An even more important reason to avoid this tactic lies in the different nature of of the sophisticated buyer. They tend to be long-term thinkers. They want to know if they are receiving value for the price. They don’t follow the monthly payment mentality of the credit card buyer. Amortizing cost on a daily basis simply isn’t the way they think.
When I was shopping for a new vehicle, a phrase I heard repeatedly was “What will it take to get your business today?” Again, some people used it with more finesse than others. Some people used it after 5 minutes, some used it after 20 minutes and others only used it after I had demonstrated interest in a particular vehicle, but everyone except the person I bought from used this phrase. This one-size fits all approach to sales doesn’t take into account the fact that individuals approach decisions differently. Some may be impulse buyers, others rely on peer information and still others like to spend time analysing sales literature. Sophisticated buyers tend to be deliberative in their approach, and such a question usually makes them feel as if they’re being rushed into a decision.
“Here’s lots of information on this product.” This approach says to give the prospect as much information as possible and the facts will speak for themselves. There is a big difference however, between information and knowledge. You don’t know which information the prospect may find persuasive. It could be third party validation, testimonials, or safety ratings. Rather then dumping everything you have on them, ask what they’d like to know. Another problem with the infodump is that the salesperson talks too much. A key part of any sale is building the relationship with the prospect. The salesperson who substitutes telling for asking is missing an opportunity to discover points of interest to the buyer.
Selling the sophisticated buyer is more difficult. First, you must get away from sales scripts and focus more on adapting to the needs of the individual. This takes a great deal of interpersonal skill. Second, you have to rid yourself of sales cliché’s. If buyers hear the same phrase two or three times, they know they’re being sold and no one likes to be sold. Third, and perhaps most difficult, it requires a shift from telling to listening. The right questions allow you to discover selling points and build rapport. These changes are well worth the extra effort. Once you win this type of buyer, you are well rewarded with fuller customer engagement and a higher referral rate.
ABOUT THE AUTHOR
Dr. Joseph Sommerville helps professionals create more persuasive messages. He is the President of Peak Communication Performance (www.peakcp.com), a Houston-based firm working worldwide to help professionals develop skills in strategic communication. Contact him at Sommerville@Peakcp.Com
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