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11 Rules for Selling to a Skeptic
by Vicky Therese Davis, William
R. Patterson, and D. Marques Patton
Let's face it: the greatest accomplishment for a member of the sales community
is closing a deal with a skeptic. Many who are proficient at this art agree
that it is far more gratifying to convince someone who initially felt your product
was not necessary that it indeed is, than to complete what the industry terms
an "easy sell." Lucky for us all, plenty of doubters buy products and services
everyday. Let us examine eleven of the fundamental techniques used by those
who succeed in persuading the worst of cynics.
1. Know your product/service
Know it inside and out, backwards and forwards. You should know its strengths,
weaknesses, and any proprietary features. Also understand the factors that influence
its supply and demand. All of these will strengthen your presentation and help
the skeptic make a more informed purchasing decision. There should be nothing
that anyone can tell you about what you solicit. You will definitely be asked
questions, so be prepared to demonstrate all aspects of your product/service
in response.
2. Know your prospect
Along with knowing your product comes knowing your prospect. Strive to know
all you can about your target demographic and potential clients. Make sure you
deal with the decision maker. You should know their purchasing habits, what
motivation determines their choice, and how long a buying decision takes. You
must understand how your product fits into their overall purchasing strategy.
When you know the buying habits of your prospect, you can use it to develop
a longer-term sales plan—that means repeat business. Put yourself in the most
favorable position to get a "yes" by focusing on what most concerns your prospect.
3. Believe in your own words
You will never be effective selling something you do not believe in, particularly
to someone who is already skeptical. Your lack of enthusiasm will be an obvious
as you attempt to convince your potential buyer. When you emanate passion and
confidence, you break down the wall of doubt the cynic has built. To not be
a pillar of strength during your presentation is a sure-fire ticket to an abrupt
"no." If you are lucky enough to sell a product you do not believe in, you still
lose because you risk killing referral business and losing the trust of your
customer.
4. Be transparent
Too often, we give strong pitches with lots of hype and little information.
We will say, "If you want these benefits, buy my product." This is done with
the hope that a prospect's curiosity about your bold claims will be enough to
convince them to purchase. The idea that if you divulge too much information,
you could dissuade your prospect is a far too common falsehood. Be prepared
to give as much information as needed to convince the potential buyer to make
a purchase. Transparency builds trust. Things people do not understand will
always be greeted with "no." The more information available when making a purchasing
decision, the more likely they are to say "yes." Another benefit of being transparent
is the more resources you divulge free of charge, the more likely you are to
generate interest in your product/service.
5. Gain trust by associating yourself with things they respect
By offering endorsements and testimonials, especially from well-known sources
that your target market respects, you strike the chord of "trust." Many a skeptic
has purchased based on the recommendations of individuals they respect. Secure
associations along these lines and look to align yourself with trusted agencies
through strategic partnerships. Major endorsements mean less resistance and
lots of sales.
6. Offer a free trial, incentive, bargain, or guarantee
The structure of your offer can play a key role in building trust and enticing
your prospect to buy. There are many variations of each, but incentives and
guarantees are great ways to gain your potential buyer's confidence. Guarantees
and free trails allow the skeptic to try the product/service before determining
if your offer is a good fit. Incentives and discounts are also valuable tactics
as they make the cynic feel they are getting a value. People always love the
feeling of getting something for free and buying when it is a low/no-risk transaction.
By guaranteeing the quality of your product/service, you disarm the skeptic
and encourage them to buy. You also communicate an important message that you
are confident in what you sell.
7. Compare and differentiate yourself from your competitors
Know the nature of your business. Is it commodity based, where the low price
bidder wins? Is the strength of your brand a factor? Is there something unique
about your offer? You must understand your competitors and their advantages
and disadvantages. Once you have both the knowledge of your competitors and
an understanding of the skeptic's needs, you can choose the most effective marketing
angle. We offer such phrases as:
"The lowest cost"…you play to the desire for value
"The official"…you validate for authenticity
"The best"…you show superiority
"The only"…you offer exclusivity
If possible, demonstrate the differences that make your product/service unique
or superior.
8. Sell the relationship, not the product
Contrary to popular belief, the best salespeople not only close deals, they
foster relationships. Relationships are more valuable to both you and the prospect
than a one-time transaction. For the salesperson, relationships bring repeat
business and the ability to cross-market your offerings; increased referrals
because you gain access to the prospect's network base, and the ability to charge
a premium because of the higher perceived value of your relationship. For the
skeptic, relationships help build trust. These bonds let them know they will
not be abandoned after the transaction is finished. Ultimately, they are buying
a relationship with you and your firm, not the product/service, so approach
selling that way.
9. Focus on benefits offered and value delivered
Self-interest is the skeptic's primary concern, so focus on how your product/service
solves their problem, fulfills their need, or satisfies their desire. If your
prospect is solely bottom-line focused, your presentation should be centered
on how your product or service will make or save them money. If your product
satisfies a desire, focus on how it fills an emotional void. Emotional selling
differs from bottom-line selling because it focuses on feelings rather than
metrics. Remember to focus on the benefits that concern your potential buyer;
anything else will make a skeptic lose interest and you lose the sale.
10. Isolate their objection
In life and business, two of the greatest challenges are making intelligent
decisions and properly following through on them. One of your fundamental goals
as a salesperson is to help people make informed decisions. To do so, ask two
types of questions: those to better understand your potential buyer and his/her
needs, and questions designed to lead your prospect to buy. A series of well-placed
questions will allow you to isolate any objections. You should brainstorm every
possible reason a skeptic will not buy from you and comprise an effective solution
or rebuttal for each. Any other question should be crafted in a way that allows
for only one reasonable answer, and that answer should compel your prospect
to agree with you.
11. Don't seem desperate!
Your emotional state will be apparent to a skeptic. Never appear as though you
"need" a sale. Everyone avoids a hard-pressed individual. Often we are conditioned
to give to and buy from those who do not need our money. It is the same principle
that makes us more likely give a rich man fifty-cents to make phone call because
he has no change, than to a homeless man in need who makes the same request.
Therefore, it is imperative that you operate from a mindset of abundance. Understand
there is always a bigger sale out there, so you need not be pressed for this
one. Your confidence will put the cynic at ease and make them more likely to
buy from you.
Once internalized, these 11 points will mesh into an effective sales strategy.
You will begin to think of them not as individual points to be mastered, but
one comprehensive selling technique. They are designed to compliment each other
and give you a thorough footing for selling to those who are naturally doubtful
about you and your service. Master them and win!
About the authors:
Vicky Therese Davis, William R. Patterson, and D. Marques
Patton are co-authors of the acclaimed business and personal finance National
Bestseller, THE BARON SON: VADE MECUM 7. Vicky Davis is Founder and Chief Executive
Officer of Indulgence Jewelry Corp. William Patterson is Co-founder and Chief
Executive Officer of the Warcoffer Capital Group, LLC. D. Marques Patton is
Co-founder and President of The Warcoffer Capital group, LLC. To receive their
breakthrough book and over $3,631 in FREE success gifts, visit: http://www.baronseries.com
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