WHAT REALLY MAKES PEOPLE BUY?
C.J. Hayden, MCC
It's the ultimate question, isn't
it? You work hard at marketing to make contact with potential clients.
Then you work even harder to get a chance speak with them about
what you have to offer. But how do you actually get them to hire
you? The answers may not be what you think.
1. Know-Like-and-Trust Factor - When making a buying
decision about professional services, the number one factor clients
consider is how much they know, like, and trust you. It's
more important than how much you charge or even how much they need
you. What clients are asking is how much contact have they had with
you? Did they recognize your name beforehand? Are you credible as
a competent professional? Were you referred by someone they know?
You can influence this factor by focusing your
marketing efforts on meeting clients through networking, referrals,
and public speaking. If you haven't had prior contact with
prospective clients and weren't referred, give them copies
of any published work or media coverage you have, and provide them
with client testimonials. Be prepared to stay in touch over a period
of time so they can get to know you better.
2. Match between your offer and their needs - If
you pass the first test of seeming credible and trustworthy, potential
clients next look at how closely what you offer matches what they
are looking for. Do they have a pressing need for your services?
Do they understand exactly what it is that you provide? Do they
grasp the benefits of working with you?
The
best way to address this issue is to ask plenty of questions. The
more you can find out about what the client needs, the better you
can explain specifically how you can help. The biggest mistake professionals
make when selling themselves is to offer themselves as a solution
when they don't yet know the problem. Be sure also to communicate
the benefits of hiring you -- not just what you do, but what the
client gets as a result of what you do.
3. Justifying the purchase - An often neglected
component of the buying decision is whether the client will be able
to justify spending money on your services to their spouse, boss,
board of directors, or even themselves. In business environments,
this is critical. The purchaser must be able to support their decision
to hire you with verifiable facts. When selling to consumers,
keep in mind there may be a naysayer in the background who will
need to be convinced of your value.
Give your prospects the evidence they need to justify
your value to others. Provide statistics or examples of results
achieved, money saved, or performance improved in your former projects.
Share a case study, your client list, or a portfolio of your successes.
Help them find the language they need to reassure everyone involved
that hiring you is the most practical solution available to the
problem at hand.
4. Price vs. budget - The last element prospective
clients consider is the price. Yes, cost is important, but if they
trust you, your offer is a good match for what they need, and they
can justify hiring you, then the only significant issue about the
price is whether they can find the money.
Suggest ways they can evaluate their investment in you, such as
comparing it to the cost of doing nothing, measuring it against
another more expensive solution, or weighing the drawbacks of doing
it themselves. For corporate clients, help them look for unused
funds in other budget categories or propose the project for the
next budget cycle. With consumers and small businesses, how much they can afford depends
on where else they are spending their money. If funds are tight,
suggest other expenses that your services might replace, offer a
payment plan, or accept credit cards.
The next time you're wondering why a sale
isn't going through, check how you're doing on each
of these four factors. See if you can discover the missing ingredients
that will convince the client to buy.
Copyright
© 2003, C.J. Hayden
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