Just because your business is
based in your home that doesn't
mean you can afford to ignore
the most important element of
your success: sales. The bottom
line is that your sales ability
will make or break your business's
future. Chances are, however,
that unless you have a background
in sales, you lack the helpful
training which will give you a
competitive advantage.
The key
to closing the sale quicker
and easier than you ever imagined
is to understand your customers.
Below you will find some advice
that will help you get to know
them a little better.
Who They Are
Not all
that long ago, customers were
all pretty much the same. Most
were males over thirty with
steady jobs and families to
support. Generally, most salespeople
fell into a similar demographic.
For that reason, buyers felt
comfortable with sellers and
typically trusted their guidance
wholeheartedly.
Things
have definitely changed dramatically
in the last several decades.
Even if you ignore the role
of technology in sales, there
are still enough changes from
that old sales model described
above to require a significant
shift in attitude.
For one,
men are no longer the only ones
doing the buying.As you probably
already know, women are out
there spending their hard earned
money and making important decisions
about their family's budgets.
Unfortunately, many of these
women still feel treated as
inferior or "stupid"
by salespeople.
Another
issue that has changed is the
age of buyers. Today, many young
people have enough disposable
income to purchase nearly anything
their hearts' desire, especially
if they don't have the added
responsibilities of excessive
debt and dependents.
However,
younger buyers also feel that
they are not taken seriously
by sellers. You can gain an
advantage with these buyers
by catering to their specific
needs and by treating them with
respect. It's not hard to do,
but it will definitely make
a difference.
If you
do most of your business over
the Internet, you might even
want to stress that it provides
a more equal playing ground
for buyers of all genders and
ages.
One last
critical point is that buyers,
regardless of their age or gender,
are more informed and more knowledgeable
about the products they buy
and most simply won't take your
word for the benefits of your
product.
To make
the sale, you'll need to show
instead of just telling why
your product is a worthy investment.
Use statistics and testimonials
to support your claims. Allow
users to have free trials or
demonstrations before they make
up their minds. When they are
convinced that you are being
honest with them, that's when
they will trust you with their
money.
What
They Want
Each customer is an individual
who will react to the sales
situation in different ways,
but essentially all of them
will fall into one of four categories:
decisive, inquisitive, rational,
and expressive. Knowing each
customer's behavior style will
let you know how to effectively
meet their needs and finalize
their transaction.
Decisive
customers are typically more
forceful and assertive. They
know exactly what they want
and don't want to waste time
getting it. If you appear knowledgeable
and professional and stay focused
on meeting their needs, you
will win their business.
Inquisitive
customers are full of questions
and want just the facts. They
are incredibly formal and come
off as distant which may discourage
some salespeople. You can win
their good favor by being honest
about the pros and cons of your
product. Also, never pressure
them into making a decision.
If you wait patiently, your
efforts will be rewarded.
Rational
customers are the easiest to
work with. They ask questions,
avoid conflict, and seem relaxed.
They are friendly but no overly
so, but don't try to put one
over on them or they'll spot
it right away. To succeed, stress
guarantees, encourage them to
get a second opinion, and present
everything logically.
Finally,
expressive customers are the
ones you'll always remember.
They are full of enthusiasm,
very animated, and always upbeat.
Unfortunately, they are not
concerned with time and will
delay making a decision for
as long as possible. To win
them, focus on telling your
own stories about the product
instead of just the facts. You'll
also need to keep encouraging
them to make a decision or they
may never reach one.
If you
don't have much interpersonal
interaction with your customers,
you still need to understand
these four behavior types. For
one, your sales writing will
need to captivate all of them
in order to turn them into customers.
If you leave out a mention of
a money back guarantee, for
example, you may have a hard
time convincing those rational
buyers to spend their cash.
The
bottom line is that all customers,
regardless of their demographics
or behavior style, want two things:
quality and quantity. If you can
convince them that you offer both,
then you have closed the sale.
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| Resource
Box |
| Vishal
P. Rao is the editor
of Home Based Business
Opportunities -
A website dedicated
to opportunities,
ideas and resources
to help you start
a home based business.
Visit him at: http://www.home-based-business-opportunities.com
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