Virtually every business you contact has this question in their mind. To truly maximize your revenues you need give people a reason to buy from you versus a competitor. Here are a few strategies that will help you differentiate yourself from your competition.
First, it's important to understand that people make their buying decision on two levels ? logical and emotional. The logical aspect revolves around the product or service and includes such things as product specifications, warranty, price, colour, size, ease of use, etc. Anything directly associated with the product is a logical need. The second buying motivator and, perhaps the most powerful, is the emotional aspect of the sale. These criteria are the less tangible needs and include feelings of success, relief, pride, joy, fear and concern. For example, a person buying a pair of jeans will have specific logical needs such as waist size, inseam length, colour and style. But, ultimately, the emotional aspect of how they fit and look will influence that person's buying decision.
To uncover your customers emotional buying requirement learn to ask, "What are you looking for in a??" followed by "Why is that important to you?" The first question helps you learn the logical need while the second question will help the customer express the emotional reasons behind their purchase. In the hundreds of sales training workshops I've conducted, I've learned that most salespeople and business owners have a tendency to leap into a product demonstration before they have learned what is important to the customer. Invest the time accurately and thoroughly learning your customer's need and wants. This will help you to begin differentiating yourself from your competitor.
The next step is to give a presentation that focuses on the customer's needs. Rather than discuss everything about your product or service, focus first on what the customer identified as being important. This demonstrates that you listened to what they said and will help you separate yourself more effectively.
When presenting your product or service ensure you discuss the benefits as well as the features. The feature is "what it is" and the benefit is "what it means to the customer." A great way to phrase this is to say, "Our equipment extracts 97% of the water from your carpet (feature) which means your carpets will be dry to the touch within three or four hours (benefit)." This addresses the customer's emotional buying needs which means there is a greater likelihood they will buy from your versus a competitor.
People also make buying decisions based on their overall experience in your store or place of business. Here are just three influencing factors:
1. Ease of business. Are you easy to do business with or do I, as a customer, have to jump through hoops to return something? Are you well staffed or do you reduce your costs by scheduling a skeleton staff at any given time?
2. Staff accessibility and attitude. Is your team friendly and well trained in customer services procedures? Do they exhibit the mentality that the customer is important and comes first or do they spend their time gossiping and gabbing? Do they eagerly approach the customer or do they wait for customers to come up to them first. I recently bought an aquarium and although the staff was knowledgeable they made me feel like I was intruding on their time.
3. Product selection and availability. Do you have a good supply chain management or order fulfillment process in place. Prior to buying my aquarium I placed my order at one store and at the time of writing this article almost six weeks later I still haven't been advised that my tank has arrived. And this was a stock order!
Lastly, equip your team with the tools they need to properly do their job. Take advantage of the product training most manufacturers provide, invest in the on-going development of your people, and help them succeed. I've worked with companies who invest a great deal in their employees and others who spend a bare minimum. The difference in their overall results is always significant.
Today's business environment is more challenging and competitive than ever before which means you need to give people a clear reason to do business with you rather than someone else.
Copyright 2003 Kelley Robertson. All rights reserved
Kelley Robertson, President of the Robertson Training Group, works with businesses to help them increase their sales and motivate their employees. For information on his programs, contact him at 905-633-7750 or at Kelley@RobertsonTrainingGroup.com. Receive a FREE copy of "100 Ways to Increase Your Sales" by subscribing to his 59-Second Tip, a free weekly e-zine at http://www.RobertsonTrainingGroup.com. He is also the author of "Stop, Ask & Listen ? How to welcome your customers and increase your sales."
|
|
|
|
|
|
|
|
|
|
|


I believe that everyone understands that no matter what business... Read More
In the work place, the amount of good things that... Read More
There are many fund raising ideas on the market today... Read More
Hi, I'd like to discuss the most powerful words you... Read More
Last minute discounting has become so prevalent that many companies... Read More
Your proposal is selling for you when you're not there,... Read More
For technology companies, service after the sale has emerged on... Read More
This article is meant to inform. Please don't construe this... Read More
Do you have 5, 10, or 20 years of sales... Read More
Sales is a critical part of any business, including non-profits.... Read More
"THE ANSWERS (1 - 5) ARE HERE!!!"Question 1) List the... Read More
GIVING Vs "SELLING"Never lose sight of the importance of providing... Read More
You have a great product, but it's not flying off... Read More
Special Requirements for Reprint: we ask only that you include... Read More
You arrived on time and completed your calculations. You worked... Read More
Sean works for a major telecom company.During one of our... Read More
A reader recently asked me the following: "I enjoyed the... Read More
I just got off the phone with a friend of... Read More
1. Animate your window display.How often do you change your... Read More
Selling "-abilities": Reliability (Part 1 of 4) Most salespeople... Read More
A challenge facing many businesses is how to maintain a... Read More
Here are five sure-fire ways to guarantee you will not... Read More
A sales letter is a document designed to generate sales.... Read More
Have you ever run DOWN an escalator that was going... Read More
The main reason for buyer resistance and selling stalls boils... Read More
Make no mistake that emotions are the driving force behind... Read More
You've met a new prospect, accurately assessed their needs and... Read More
Ahh. Selling. Sometimes, this is a word that is dreaded... Read More
You have all seen them,the sales letters that never ends.... Read More
Who likes cold calling? Most salespeople don't like cold calling,... Read More
Part one of this article is available at ... Read More
Selling your products at shows can be difficult when you... Read More
In some situations, attempting to intimidate the other person will... Read More


Let me tell you about my friend Peter who has... Read More
Sales is a critical part of any business, including non-profits.... Read More
Everybody is familiar with the old retail chant, "Location, location,... Read More
Would you pay $12,500 to discover the keys to great... Read More
We all learned in Sales 101 we must follow up... Read More
Doing business over meals is a ritual that has existed... Read More
The other day, I received the last issue of a... Read More
What comes to mind when you think of networking --... Read More
A few days ago, I was signing copies of my... Read More
Being a good listener requires more than just keeping quiet... Read More
What can strike terror into the heart of even the... Read More
You arrived on time and completed your calculations. You worked... Read More
You could just send out your brochure to potential customers... Read More
It is important that organizations find other companies to do... Read More
Have you ever asked yourself, now how did I let... Read More
(Objection handling tips excerpted from Objections! Objections! Objections!)People buy people.... Read More
Lead Generation is vital to all businesses. All companies try... Read More
Long-term sales success has less to do with skills or... Read More
Ask any salesperson, "At what point in the selling process... Read More
Writing good sales copy is not an art, it is... Read More
If you plan to do sell your product or service... Read More
Everywhere I turn, I'm being asked to weigh in on... Read More
Neil Rackham turned the world of high-ticket salesmanship on its... Read More
There are 3 ways to grow any business:- Get more... Read More
Still more discoveries from the recent studies in behavioral economics:Over-Valuing... Read More
It is fairly common for real estate companies and mortgage... Read More
Let me create a picture for you. This is the... Read More
Your prospect is in the market for a widget, just... Read More
The other night I was watching a classic western from... Read More
1. When you make your first sale, follow-up with the... Read More
Your business is making profits, but where is the cash?... Read More
When a request for proposal (RFP) comes in, you get... Read More
Does your Sales Pipeline leak? If you answered no, you... Read More
Sales |