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Understanding
the prospect's point of view
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Selling from the
prospect's point of view
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1.
Understanding the prospect's point of view
It takes two people to make a sale, a seller and a buyer.
There's nothing astounding about this. It's a simple, observable fact. It is
astounding, though, that so many people whose livelihood depends on selling overlook this
fact. It's even more astounding that some never have recognized it.
The people we refer to treat selling as a one way street. They sell primarily from
their own viewpoints. These people might just as well sell to a brick wall. Few of their
prospects even bother to listen to them. On the few occasions that they get an audience
and the fewer still that they're successful, they are very, very lucky.
It matters little what the seller thinks in a sales presentation. What counts is that
other person, the prospect, and what he or she thinks.
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The secret to success in selling is a simple one-look at things from the prospect's
viewpoint, learn how he or she thinks. Then, help the prospect make the decision that is
best for him or her.
Looking at things from the prospect's viewpoint is not difficult. You yourself have
been a prospect or buyer many more times than you've been a seller. You've bought food,
clothing, cars, insurance, books, entertainment, furniture, house wares, etc. Not a day has
gone by that you haven't bought something. For the moment, then, concentrate on what you
think about when you think about when you're contemplating a purchase. To
guide your analysis, pick something specific-a business suit, for example. Aren't these
typical of the thoughts that would pass through your mind in such a situation:
· Do I need it?
· Is it different from the suits I already have?
· How will it look on me?
· Will I be able to wear it frequently without cleaning or
pressing?
· How much will it cost me?
· Can I afford it?
There are a number of different considerations here need, variety,
appearance, durability, costs, etc. But all of the thoughts passing through your mind in
such a situation have one thing in common. The words "I" or "me"
appear in each of them. All of your questions reflect a selfish interest.
In other words, your primary concern is! 'What's in it for me?" There's nothing wrong
or unnatural about this. We may consider many things and even the views of others in the
process of buying, but our primary interest is in ourselves.
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Now that you've examined your own behavior as a prospector buyer, change roles. Think
once again as a person whose career is selling.
Since every prospect you will ever meet is interested first and foremost in himself or
herself (an insurance prospect's selfish interest includes the well-being of the entire
family), shouldn't you, early in your sales presentation, answer the big question in your
prospect's mind, 'What's in it for me and my family?"
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Your analysis of your own buying behavior can lead to no other For example, if you were
keeping an appointment, and found conclusion!
But don't stop there. Once your prospect has become interested (sees something in your
presentation for himself or herself and family), he or she will evaluate
the proposition. In other words, the prospect will ask, "Are the claims
believable?" and "Will I gain more than I must give up if I accept this
proposition?"
Finally, the prospect will make a decision. He or she will say
"Yes," or "No," actor not act, buy or not buy.
Logically, if you expect your prospect to say "Yes," you must do three
things: One, provide the prospect with information that will stimulate selfish
interest. Two, help the prospect evaluate by showing that more
is to be gained from the purchase of your offering than has to be paid for it in money,
time or effort. Three, encourage the prospect to make a decision, i.e.,
act. In other words, your sales presentation will follow a certain pattern:
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This analysis of a prospect's thought process and of steps a sales representative
should follow in a presentation appears logical and reasonable. But something is milling.
The prospect's mind will follow this track only if it has been propelled in this
direction through an initial step. Unless you're sure that your prospect is listing to
you, there isn't a chance of satisfying a selfish interest. Nor can you
help the prospect evaluate and arrive at a favorable
decision. The prospect's attention, therefore. must be
gained first and it must be held throughout any sales presentation.
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For example, if you were keeping an appointment, and found your prospect talking on the
phone, you couldn't very well begin your presentation. You'd have to wait until the call
was completed and in some way turn the prospect's attention to yourself and your
proposition. This is no small feat as we shall see.
Your sales presentation then should follow this pattern:
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By the same token, if you had: gained attention, stimulated interest
and something interrupted the interview, you would lose the prospect's attention.
To proceed with your presentation would be a waste of time and effort. You'd have to find
some way to regain the prospect's attention before proceeding.
To dramatize the fact that attention must be gained and held
throughout your sales presentation, attention appears in red and is
connected with each of the other steps by means of a jagged line.
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It makes no difference what kind of product, service or plan the prospect is
considering: the mental steps to agreement or purchase-attention, interest,
evaluation and decision-are always present and in sequence. We call these steps:
The buying motion.
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Summary-Understanding the prospect's point of view
I. It takes two people to make a sale-a seller and a buyer.
All selling should be done with the prospect's viewpoint fore-most in mind.
A. it matters little what the seller thinks in a sales presentation.
B. The prospect makes the decision to buy or not to buy.
C. Selfish interest is the primary motive behind all buying
behavior-"What's in it for me?"
II. Before agreement or purchase, a prospect's mind goes through logical
steps-attention, interest, evaluation, decision.
We call these steps The buying motion
A. Attention-Must be gained first and held throughout the
presentation.
B. Interest-"What's in it for me?"
C. Evaluation "Are the claims believable?"
D. Decision-"Yes" or "No"
Ill. If your prospect is to say "Yes," you must do the following:
A. Gain and maintain prospect's attention.
B. Provide prospect with information to stimulate selfish interest.
C. Help prospect evaluate-show that more is to be gained from purchase
than has to be paid.
D. Encourage prospect to make decision i.e. act.
No matter what product, service or plan the prospect is considering, these steps are
always present and in sequence.
2. Selling from
the prospect's point of view
The buying motion is a track that every prospect's mind
follows when confronted with an offer. Since the prospect's mind works this way, the sales
representative, to be successful, must sell this way.
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There is no set amount of time that should be spent in handling each step. It air
depends upon what you are presenting, to whom you are presenting it, and the selling
conditions
To help a sales representative lead the prospect's mind through the steps in the buying
motion, the Company provides certain "tools." What are some of
the tools at your disposal? Knowledge of your product or service, Work Sheets, charts and
visuals that explain not only information about your product or service, but also
information about the prospect's situation, testimonial letters from satisfied customers,
tear sheets of your Company's advertisements, etc. Whatever tools you use, and we've named
only a few, their purpose is to help you present ideas that motivate prospects to buy.
A motivation idea is defined as:
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For example, when a man contemplates purchase of a particular model automobile, he does
not picture in his mind 5,000 lbs. of metal~, plastic and other synthetics. He visualizes
economical transportation, greater safety for himself and his family, or the pleasure he
will get from some outward form of affluence These kinds of ideas are
powerful, powerful motivators. The more adept a sales representative is at identifying and
communicating ideas that motivate, the easier it is to gain a favorable
decision.
A motivation idea is defined as:
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Appeal has two dimensions. We would Ike to believe that buying is based solely on reason.
However, this is not the case. Emotion plays an important part in every
buying decision.
Recognizing that you must appeal to the prospect's sense of reason and
emotion, motivation ideas have been separated into two types:
· Emotion motivation ideas
These enable you to gain and hold the prospect's favorable attention.
· Reason motivation ideas
These enable you to stimulate interest, help the prospect evaluate,
and arrive at a favorable decision.
Both types of motivation ideas will be discussed in
detail in this module. And the various emotion motivation ideas and
reason motivation ideas we identify will be related to the steps of the buying
motion in which they are used.
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Summary-Selling from the prospect's point of view
I. It is the sales representative's job to lead the prospect's mind through the
buying motion.
There are "tools" to help
A. Knowledge of product or service
B. Work Sheets, charts, visuals
C. Testimonial letters
II. Our ideas about products and services generate buying actions, not the
products and services themselves.
III. Motivation ideas-those things a sales representative says or does which
appeal to a prospect in such a way as to stimulate that prospect towards agreement or
purchase.
A. Emotion motivation ideas - enable you to gain and hold the
prospect's attention.
B. Reason motivation ideas-enable you to stimulate interest, help the
prospect evaluate, and arrive at a favorable decision.
C. Every buying decision is based on both reason and emotion.
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What can I do to improve?
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