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| Trust and Respect By Jacques Werth, President High Probability® Selling
Does your selling style address the most fundamental needs of your prospects? What are the most important factors to someone making an
important buying decision?
Universities and market research firms have conducted numerous
studies to determine the most important buying decision factors for
people who make significant purchases. We gathered as many of those
studies as we could find, and did simple correlation analyses to
average out the results. Here are the results, in order of
importance.
1. Level of Trust in the Salesperson: 87
The average salesperson knows how to effectively present 4 of the 7
factors cited above: Reputation (#3), Features (#4), Quality and
Service (#5), and Rapport (#12). They try to handle the two most
important buying decision factors, Trust (#1) and Respect (#2), by
establishing Rapport (#12).
Building "Rapport" is an inherently manipulative tactic. Ironically,
typical salespeople attempt to establish Trust and Respect,
non-manipulative factors, by manipulating people. Building rapport
doesn't establish trust and respect, it diminishes trust and respect.
That's why only 3% of all buyers surveyed rate 'Like the Salesperson'
as an important buying decision factor.
If Trust and Respect are so important, why don't most salespeople
learn how to establish relationships of trust and respect with their
prospects and customers? We've come to the conclusion that there are
three reasons:
Let's suppose you're faced with a very important buying decision.
Let's say you have decided to relocate thirty miles away from where
you live now, so that you and your spouse will both have shorter
commutes to work. So, you need to sell your current home and buy a
new one. To whom would you entrust the sale of your most valued
possession? Are you going to entrust the sale of your house to a
charming and friendly Realtor who tells you that they have the best
marketing system, the best skills, the best negotiating ability, and
affiliation with the biggest real estate firm? Or, will you hire the
Realtor whom you trust and respect the most to sell your most valued
possession?
Regardless of whether you sell to consumers or B-2-B, all sales are
made to people. When the sales are significant, most people want to
buy from someone they trust and respect. Why? Fear of loss is the
most important buying motivation. You could lose tens of thousands in
the hands of an untrustworthy Realtor. At work, choosing an
unreliable vendor could cost you a raise, a promotion, or your job.
If you learn a process that establishes relationships of mutual trust
and respect with prospects during your first conversation with them,
you will have the ultimate competitive advantage. If not, hope to be
the most persuasive salesperson your prospects meet- and hope that
someone who practices High Probability Selling isn't your competitor!
Read more articles by Jacques Werth at
Read the first 4 Chapters of the book High Probability Selling at
Call High Probability Selling at: 800-394-7762
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