How To Ethically Sell To Your Prospect, Even If They Say No.
What you are about to read... is a closing technique I learnt many years ago whilst working as a sales rep.
Too many marketers let go on the first no.
If you really believe in the value and benefit of your product or service to your prospect, then you need to learn about "Pre-emptive Marketing."
Tip #1 - Learn To Differentiate Prospects
There are three groups of prospect
1) Those to whom you will never sell because they have no need for your product or service. - Vast majority
2) Those to whom you might sell, if only you can overcome initial objections. - Majority of the rest.
3) Those to whom you sell automatically, because of your reputation and the quality of your products and services. Very small minority.
Your marketing should focus on the second group. There is nothing you can do about the first and the third largely take care of themselves.
Once you understand this you will be less fearful of alienating prospects which is the reason most marketers give up on a sale too soon.
Tip #2 - Why Do Prospects Not Buy From You ?
There are four broad reasons why prospects will not buy from you.
* Money - The product is priced too high, or too low either in absolute terms or in comparison to the competition.
* Functionality - The product has too much functionality or too little. In the first case it is too complex or complicated to operate in the second it provides little benefit to the prospect.
* Timing - Your prospect has just bought a competitors product, or they are just window shopping in anticipation of a future purchase.
* Competition - Your competition has a powerful brand presence in the market place that makes it difficult for you to compete.
Tip #3 - What Is Pre-Emptive Marketing ?
In order to apply Pre-emptive Marketing Tactics go through these stages.
Phase 1 - Understand your prospect in detail. What motivates them ? What are their problems and issues ? What solutions are they looking for ? What value do they place on the solution ?
Phase 2 - Brainstorm ALL of your prospect's possible purchasing objections. Use the objection groups in step #2 to help you.
Phase 3 - For each objection, decide on credible and persuasive responses.
Phase 4 - Using pop-up technology and / or autoresponders deliver the responses to prospects who did not click on "Buy Now" after reading your copy.
Tip #4 - Examples Of Credible Responses
Here are some example Credible Responses to Frequent Purchasing Objections
* Too Expensive
- Ask your prospect to make you an offer - If your product has sunk costs that you have covered, then any offer is probably acceptable. If you still need to cover the production costs, give the prospect a floor price you are willing to accept and ask them to bid, above the floor.
* Too Cheap
- Tell your prospect they can have the product at a discount to the already cheap price ! If they like the product then they can send another payment for what they think the product is really worth.
* Product Too Complicated
- Offer a discount on standard price and offer to train the prospect for F'ree in how to use the added functionality.
- When you design your products, do so in a modular fashion so functionality can be added or removed to the core product.
* Product Too Simple
- Offer a discount with a guarantee of F'ree upgrades when the functionality is added.
- Ask your prospect to make you a reduced offer based on their evaluation of the functionality.
* Prospect Was Window Shopping
- Offer your prospect a discount for buying before a date you set in the future. Make sure the discounts are removed when that date is reached, else the tactic loses credibility.
* Prospect Bought A Similar Product From Elsewhere
- Offer your prospect a discounted price and an extended returns period during which they can compare your product against the previously purchased one.
* Competitor Brand Is Dominant
- Do a "warts and all" comparison of your product against the market leader. Line them up and let your prospect make the buying decision based on information rather than "brand awareness"
- Brand your own product, service and business with your USP.
Tip #5 - Practical Pre-emptive Marketing
Armed with your list of objections and a response for each, create your sales pages and apply an exit popup to everything except the "Buy Now" or "Opt-In" buttons.
You also need to set up an autoresponder with the responses to the objections as the topics for your mails.
The use of exit pop-ups and autoresponders in this way is nothing new. However, what is different in this tactic is the detail of objections to which you respond.
You must have answers to the entire range of objections your prospect may have to make this work.
The way you present the information on your "Pre-emptive Responses" Pop-up and autoresponder is also critical to the success of this tactic.
The objection must be headlined in an attention grabbing way, so that if that objection applies to your prospect they will be drawn into your response.
Quick Tactics To Brand Your Business http://www.simplyeasier.com/ownarticles.html
Article by Bob Leduc Neutralize Unspoken Objections To Increase Sales available from http://www.sbishere.com/article.html/598
When Objections Get In The Way http://common.ppmg.net/NEWS-ltc/02-1108.htm
The Psychology Of Closing http://common.ppmg.net/NEWS-ltc/02-1101.htm
Make it a business philosophy of yours not to let the sale go on the first no !
Use Pre-emptive Marketing tactics to persuade warm prospects that they can and should make the purchase despite their initial objections.
These tactics will not appeal to people who would never have bought from you, but a few of those who read your copy and are still undecided may convert - much to their own and your benefit.
(c) 2004 Charles Kangethe
Charles Kangethe of http://www.simplyeasier.com is a leading new wave Netpreneur and a published author from England. The "Simply Easier" brand name is your guarantee of high value, quality Marketing Products, Services and Resources.