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In
general it is always a disadvantage being in the
pole position when talking to potential
buyers. If a prospect talks to you first
before the competitors, it places you in a
powerless situation. Why?
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The prospect knows your prices and conditions
which he can directly compare with the
conditions of the competitor.
-
The prospect makes his decision at the
competitor. Good or bad, the competitor can
respond to it and react accordingly in order to
win the sale.
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You are no longer in contact with the prospect
so you do not have the possibility to influence
the decision.
So
if you are first in line to talk to the prospect
you are indeed powerless seeing you do not have
the possibility to influence the buying
intentions of the prospect. It is therefore
likely that you lose the sale. Yet there is a
way to turn your powerless pole position into a
big powerful advantage and win the order. In
other words, there is a way to see your prospect
again. You can actually influence the decision
of the prospect while he is at the competitor.
How? By changing the intension of your sales
talk.
If
a prospects visits you are calls you, you are
putting your best sales talk on the table to win
the order. You have the intention to send out
product advantages, best price conditions and so
on to the prospect to make that sale come
trough. yet as soon as the talk is over, and the
prospect goes of to the competitor it is all
gone. Ask yourself: "What is the prospect
doing at the competitor?" He is comparing
the product and the prices. So what can you do
to influence the decision? Adjust your sales
talk so it turns him into an expert.
An
example. Lets say that you are selling expensive
sound surround systems for televisions. A
prospects walks in and you start your sales
talk. Yet instead of concentrating on the
product advantages, you focus a little bit more
on the technical details. Not to much and not to
detailed but enough to turn the prospect into an
expert on sound surround systems. He walks out
and goes to the competitor where he talks to the
salesmen. What do you think will happen? Will
the prospect still be talking about advantages
or prices? No, he will be talking about
technical details. He will be asking the
salesmen some nasty questions about the
technology. And what happens if the salesmen can
not give a satisfying answer? He will lose his
trust in the competitor and come back to
you.
The
sales strategy: Customers do not just buy
because of better prices or advantages. The
higher the price of the product gets, the more
important the expertise gets of the salesmen
seeing the investment is being connected to a
certain trust value. So make your customer
smarter than your competitor and it will
decrease the trust value of the competitor. You
will win the order.
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