|
Baseline Selling
Tip - Selling Value
Last week I received many emails
requesting help after my offer to send along scenarios where readers
were "stumped". This email should benefit most readers:
"Dear Dave,
I currently work for a manufacturer that makes high end metal signs,
I sell our products, based on clients designs, to distributors such
as sign companies, awards shops, and online catalogs. Like all
companies we have competition. We are known as having the highest
quality products but our turnaround is twice as long as others and
our prices are 20% - 30% higher. When I ask my customers; what will
it take to earn your business? They reply quicker turnaround and
more competitive pricing. These are two factors that I can't control
because the company I work for is not interested in being
competitive to shorten margins or quality. When I respond with the
statement that we are known for our quality and we stand behind our
products without question, our distributors say, yes, but our
customer don't know the difference most of the time and they need
the product quickly. What is a good statement to make at this point
to earn future business?"
My Response:
Yours is simply a matter of developing the ability to more
effectively sell value. First, you should stop asking what it will
take to earn their business. That question just begs them to say
faster turn-around and lower prices. Your quality means nothing to
them until they express their frustration with others’ lack of
quality. Therefore, you should try to uncover problems they have
experienced with other suppliers. In Baseline Selling - How to
Become a Sales Superstar by Using What You Already Know about the
Game of Baseball, the chapter on Getting to 2nd base explains how to
do this in great detail. Pay particular attention to the Infield Why
Rule, The Hidden Ball Trick and the S.O.B. Quality. You'll be a pro
after reading, applying and practicing the information contained in
that chapter.
For example, you should be asking questions like, "what’s the single
biggest frustration you have with metal signs and the companies that
provide them?"
If they say price and/or turnaround, use that as an example to say,
"In my experience, when companies like yours are totally happy with
the attention and quality they’re getting from their suppliers, they
don’t look for better prices. So why would you say that?"
Then, once you have them sharing their frustrations, you can ask,
"and are you willing to pay a little more and wait a little longer
to fix that problem once and for all?"
|