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MARCH 2002 ISSUE
Handling the
"Business is Slow" Objection
By Ann Barr
There are a number of ways a prospect can end a sales call
quickly. Two that are often heard: "I don’t have time to
talk" or "We’re happy with our current supplier."
Lately, an even more effective way to end a sales call is with this
statement: "Our company has downsized and we are not buying
anything now." Unfortunately, this is sometimes true.
Layoffs and Downsizing
It can be discouraging – making call after call and hearing sad
stories about why people are not buying now. Layoffs and downsizing
have become all-too-familiar words in our vocabulary. If you sell
luxury products, this may be an especially difficult time for you.
But if you sell items that are necessities, there are ways to
motivate consumers to want to listen to what you have
to say about your products.
If you stock both branded (OEM) and less-expensive generic or
compatible products, you have an advantage in today’s economy.
You can offer a cost-saving solution for people who need to cut back
on spending.
You cannot disagree with any statement regarding the sluggish
economy. Anybody not living in a cave has read newspapers and
watched dramatic television news stories about corporations in
serious trouble. Nearly every day we hear about businesses
downsizing and laying off hundreds - even thousands of employees.
Make the Objection Part of the
Solution
So, what do you say to someone who tells you their company is laying
off employees and this is not a good time to talk about buying
anything? Or if you hear: "Because of the economy, we aren’t
buying now. Call us back in a few months."
l
First: Make sure you are talking to the decision maker.
l You
can agree and answer: "Yes, the economy is slow
right now and because of
that, I wanted to see if your company qualifies for our new
cost-saving "Buyer’s
Choice" Program with an extra bonus for qualifying by March
30th." [You can
call your program whatever you feel is most appropriate for
your products or
service.] (Who wouldn’t want to qualify for a new cost-saving
program?)
l Then
ask a needs-based question like "How are your imaging supplies
purchased
now?"
l Or:
"Because of the current economic situation, we’re offering a
new Starter-
Pack to introduce our premium compatible products. How many
cartridges
do you use each month?"
Always end your statement with a question so you can get the
prospect involved and talking. When your prospect answers the
question and begins talking, that starts a conversation. A
conversation can be the beginning of a good business relationship
and a good business relationship will lead to sale after sale after
sale – even in a slow economy.
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APRIL 2002 ISSUE
It Takes More than
Sales Skills
By Ann Barr
Developing and building a loyal customer base is one of the keys
to success in sales. If you sell consumable products, you know that
competition has increased dramatically with the growth of the
Internet. If you watch television, you have probably noticed that
discount warehouses are advertising more and more frequently, using
some very clever commercials. It has become difficult for small
businesses without a big advertising budget to keep customers. But
there are ways to keep a loyal customer base without spending a
fortune on advertising.
A recent marketing study found that 27% of customers switched
vendors because their sales representatives lost touch.
The expression, "Customers don’t care how much you know until
they know how much you care" applies here. You may know
everything there is to know about the products you sell. You may
have sales skills that are second to none but unless you keep in
touch with your customers on a regular basis - and until you let
them know their business is important to you – your product
knowledge and sales skills alone will not keep customers on a
long-term basis.
If you sell consumable products or a service that people buy on a
regular basis, there are ways to let customers know you care very
much about their business.
Two Examples
Leslie, a very successful sales rep in Amarillo, Texas who sells
office equipment supplies, lets her customers know she cares
about their business. In addition to contacting customers on a
regular basis, there is one sentence that communicates Leslie’s
concern about their needs. As she calls to check on her customers’
supplies, she says: "I worry about your supplies, so you don’t
have to."
It was interesting to read about a similar situation in the book
"Fired Up!" by Michael Gill and Sheila Paterson. They
wrote about Jim Brewster, an entrepreneur who built a successful
printing business. Brewster says: "At three o’clock in the
morning, I’m often worrying about some customer’s job. And my
customers know it, which means they can get a good night’s sleep
when they give me a job."
How to Say it
How can you let customers know you are thinking about them and
communicate your concern about their needs? Here are suggestions for
words and phrases to use:
l "Since you haven’t ordered cartridges for your printer
since November of last year, I’m concerned that you may
run out of toner. Shall I send your usual order of six?"
l "Your maintenance agreement is about to expire and I want
to make sure your copier is covered, in the event you need
service. Shall I fax the renewal form for your signature
today?"
l "I thought about you today when our monthly specials
were announced. Since you use these cartridges on a regular basis,
it would be a perfect time for you to stock up. You will save six
dollars per cartridge when you order this month. Would you like me
to put aside three for you?"
Let Them Know
If you worry – or are thinking - about your customers, make
sure they know it. There is nothing customers love more than hearing
that you are thinking and worrying about them. Customers who feel cared
about are not as likely to switch suppliers.
Ann Barr is a
consultant and sales trainer who presents Sales seminars in the U.S.
and Canada. ENX readers can get a complimentary e-mailed copy of her
report: 64 Ways to Increase Your Sales by subscribing to Ann’s
free e-mailed newsletter Weekly Sales Tips. E-mail your name
to: annbarr@sellingsupplies.com
with "Sales Tips"
in the subject line, or visit Ann’s web site: www.sellingsupplies.com
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