| For some
reason, I was expecting a Granny Smith apple, my
favorite. At the moment of my apple impulse, my
decision was based solely on one factor –
health. I failed to realize that there are
dozens of varieties of apples that vary in
taste, size, and quality. I tried to boil my
decision down to an “apples to apples”
comparison, by comparing only one aspect of the
two possible sides. As a consequence I was stuck
with something that I paid for and certainly
didn’t want. The same
mistake occurs when prospective customers ask
you to prepare your pricing proposal into an
“apples to apples” comparison. Customers
request the “apples to apples” comparison
when they want to make a valid comparison
between your proposal and the proposals of the
other worthy suitors (your competitors). They
want something easy to understand, something
devoid of any sales tricks, and something that
will make their purchase decision an easy one.
Customers
really want to buy answers, solutions, or help
to a current situation or problem. Period. They
want a vendor who is looking out for the overall
(and continued) success of their purchase, not
just a vendor that wants to sell cheap apples.
An "apples
to apples" comparison doesn't work this
way. You can’t compare items side by side to
make the perfect decision; you’ll just get
stuck with a bad apple. Rather than letting the
customer decide what is best for them overall,
the "apples to apples" situation
narrows their decision down to only one
differentiating factor. This single factor is
often price. With this comparison, the customer
becomes so focused on that one detail of the
purchase (the price) that they forget about the
other aspects that will help them make the best
decision.
The
customer’s failure to remain focused on what
it is they are truly buying leads to questions
that, when taken literally, can get the
salesperson off track and further away from
making the sale. Your task is to guide the
customer back to their true purpose of the sale,
rather than letting them get lost in one detail.
You want them to realize on their own that your
product or service is more than just a budget
item; the decision to make this purchase has
real consequences.
Lead customers
away from the “apples to apples” comparison
by asking great questions that help them
verbalize exactly what they are looking for. Ask
questions about why they decided to purchase the
product in the first place and what they are
hoping to get out of out. How do they typically
select the vendors that they work with? What
factors, other than price, do they consider when
they are deciding which product and company
makes the most sense for their company? How do
they determine whether or not they made the
correct purchasing decision? What are the main
objectives or goals they are hoping to attain by
making this purchase?
Through
engaging questions, they will realize that the
“apples to apples” approach is not the best
way to address their particular purchase. They
will see and consider everything you have to
offer, rather than just focusing on price.
Because of this, it will be much harder for your
competitors to win. Rather than just beating
your price, they will actually have to compete
with all the wonderful aspects of your product
and company. |