How to Prevent Motivated Buyers from Calling Your CompetitionHow may

Posted on:30/08/2014 By:admin

How to Prevent Motivated Buyers from Calling Your Competition

How may sales opportunities started out strong with the customer calling you first only to be lost to a competitor? What happened?

In a previous article on Emotional Favoritism, I discussed how to create a value added relationship with your potential customers by leveraging your network to address ALL their needs. By creating value beyond what you sell and building a trusting relationship, you maximize the likelihood of the customer calling you first. Being called first gives you christian louboutin men shoes an edge over the competition, but it doesn guarantee the sale.

Most thing sales are lost because during your initial contact with the customer you failed to help the customer understand that you can address their needs and are capable of delivering the solution. If the customer does not trust in your ability to solve their problem and deliver a solution at minimum risk to their credibility, then the customer will keep searching for a viable alternative. Fail to establish credibility and you force your customers to do the unthinkable: call your competition.

Understanding cheap louboutin shoes the Psychology of Buying

The second part of successful selling is what I call Call Effectiveness a critical component in maintaining your emotional favorite status. If you can shift a customer from the searching for a solution to the point where they feel they have a solution, the customer becomes emotionally attached to that solution and moves on to addressing other needs.

The customer begins to emotionally invest in your solution telling their boss or coworkers about how they found the ideal solution. Once they invested mens christian louboutin in your solution, they can choose a different solution until the first solution provider lets them down giving them cause. Additional research is an exercise to justify the soundness of the solution and drive the price down. The next vendor now has to overcome or eliminate that emotional involvement in the initial solution.

Walk a mile in your customers shoes

Think of the last time you decided to purchase a specific product or service. With your mind made up, you call your preferred vendor. How quickly does your desire cool if they can solve your mbt shoes sale problem or don respond immediately to your request. Like most customers, you probably moved down your mental checklist to the next vendor hoping the competition will value your business.

It happens all the time. Why should you as the customer wait to purchase a product or service from an unresponsive or unknowledgeable vendor? You shouldn And your customers won either.

Path of Least Resistance Selling

How you react to your customer when they approach you in a favorable buying mood will ultimately determine your success. The easier it is to mbt shoes uk buy your product or service, the more likely the prospect will move forward. Leave your customers waiting for your internal processes to catch up and unless you sell a one of a kind, absolutely must have product, your prospect will move on or opt not to buy.

How Credibility and Risk impacts Selling

First Call Effectiveness relies on establishing credibility to the point where the customer perception of your credibility is greater than their perception of risk of doing business with you. If your potential customers don believe in your ability to mbt mens shoes solve their problems and deliver the solution, they will continue searching for alternatives.

When a customer calls you first, you have a unique opportunity to shape a solution to their problem around what you sell. For whatever reason, solving the problem immediately may not be possible. In those cases either: 1) ask to put your customer on hold and find a solution or 2) establish your customer belief in your ability to deliver a solution and request to call back with an answer within a specified timeframe and make sure you meet or improve upon that delivery mbt sale date.

Rule Two: The key to establishing your credibility is to engage your customer in problem solving dialogue by asking questions like:

If we could do A (primary need) and B (secondary need) without C (an undesired outcome), would that be a suitable solution?

How soon do you need a solution delivered by? If we could deliver our solution in the timeframe you have provided, what would prevent you from buying from us?

If they say nothing, move on to getting what you need from the customer so you can get started.

Now that louboutin outlet the customer is committed to you and your solution, they are unlikely to contact the competition until you have completed designing and pricing the solution and then it simply a matter of comparison for good measure. The difference is you had days or weeks to shape and present a solution whereas your competition will be asked to respond immediately.

Maximizing your first call effectiveness will always position you well to win the sale because you made it easy for the customer to choose you and established an emotional barrier for your competition.

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