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Virtual Marketing Newsletter - March 31th, 2004 - http://www.marketingsource.com/

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In this issue:
Marketing Article: Invite Questions to Boost Your Sales
Marketing Article: Value is in the Eye of the Beholder

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Invite Questions to Boost Your Sales
by Bob Leduc © 2004

Do you invite your prospective customers to ask questions ...or do you try to avoid getting questions from them? You're walking away from many easy sales if you don't encourage prospects to ask questions.

1. Prospects Who Ask Questions Are Usually Ready To Buy

Prospective customers who take the time to ask questions usually have a high level of interest in your product or service. By asking questions they identify themselves as likely buyers.

A prompt and complete answer to their question along with a gentle reminder of the benefits they will get is usually all it takes to close the sale.

Tip: Make it easy for prospects to ask questions when they are at your web site or in other selling situations where there is no personal contact. For example, list your phone number or an email address they can use for questions.

2. Set up A Procedure for Managing Questions

Answering questions from prospects does not have to take a lot of your time. Many of the same questions will be repeated over and over again. But you only have to answer each question once ...if you save the answer to each question to a permanent file.

Every time you get the same question again, just copy the answer from your saved file into your reply - and customize it appropriately. You will be able to answer questions quickly. And you will impress prospects with your promptness and personal attention.

3. Always Reply Promptly

Answer questions promptly. Your prospect's level of interest and your chances of getting the sale will decline as time passes without a reply. Prospects are also likely to judge your commitment to serving customers by how long they waited to get the answer to their question.

Tip: If you find yourself personally answering a lot of questions, add a Questions and Answers page to your web site - or to your printed sales material. Include the answers to your most frequently asked questions. This reduces the number of questions you have to answer individually.

4. Take Advantage of the Selling Opportunity

People tend to pay close attention to what you say when you answer a specific question they asked. Take advantage of this. Don't just answer their question. Include a reason for them to buy as part of your answer. For example, a typical question may be whether or not your product or service applies to the questioner's situation. If it does, expand your answer to remind them of the specific benefits they will get. Then tell them exactly how to order it so they can get those benefits immediately.

Remember, prospective customers who ask questions are usually close to buying. A gentle nudge from you will often get them to take action. Provide that nudge when you answer their question.

Many businesses try to avoid questions from their prospects and customers. They are making an expensive mistake. Answering questions from prospects and customers is a highly effective and very low-cost way to boost sales.

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Bob Leduc spent 20 years helping businesses like yours find new customers and increase sales. He just released a New Edition of his manual, How To Build Your Small Business Fast With Simple Postcards ...and launched *BizTips from Bob*, a newsletter to help small businesses grow and prosper. You'll find his low-cost marketing methods at: http://BobLeduc.com or call: 702-658-1707 After 10 AM Pacific Time/Las Vegas, NV

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How to Eliminate Price Objections
by Kelly Robertson © 2004

Virtually every person in sales experiences price objections. Unfortunately, the majority of sales people take the wrong approach and try to box customers into a corner by asking questions such as:

“If I can do that price do we have deal?”
“Is that the only thing holding back?”
“What do I have to do to get you into that unit?”

Give me a break! These are nothing more than manipulative sales tactics that, ultimately, make a customer feel uncomfortable and coerced into buying the product or service.

The real key to solving objections is to work at eliminating them altogether. You can accomplish this by investing more time qualifying your customer. Salespeople who ask more questions generally face fewer objections during the selling process. The reason is simple…they uncover potential objections early in the sales cycle. Questions that will help you uncover potential objections include:

“Who else is involved in this decision?”

The purpose of this question is to establish who else has input in the decision making process. If someone else has influence on the final decision you may end up spinning your wheels trying to close the sale without her present.

“What time frame are you working with?”

This question is much more effective than asking, “When were you looking to buy?” which can put people on the defensive.

“Who else are you talking to?”

This helps you understand what other vendors or companies are bidding on the project. This can assist you in differentiating yourself from your competitors.

“What was your experience with…?”

Based on the customer's previous experience(s) you can now position your product or service to exceed their experience at your competitor.

These questions will draw out information from your customer. This information then allows you to position your product or service in a manner that best suits the customer's needs and wants. I've had many salespeople in my workshops question this line of thinking and approach with objections such as:

“Asking all these questions takes too long.”
“People won't give me the answers I'm looking for.”
“I've tried this and it doesn't work.”
“I've been given a script to use for every objection so I don't need to do this.”
“My customers care only about price so it doesn't matter what questions I ask.”

I certainly understand and appreciate each of these objections because they are valid. Here are my responses:

“Asking all these questions takes too long.”

You're right, qualifying DOES take time. However, proportionately speaking, it takes less time to ask these questions than it does to overcome an objection because a customer is less defensive. Many salespeople actually spend more time trying to overcome objections than they would have asking questions.

“People won't give me the answers I'm looking for.”

People will tell you anything you want to know providing you give them a good enough reason. Once you establish a safe, comfortable environment customers will open up and tell you things you never dreamed of. Your goal is to ask questions in a non-threatening manner, to listen to their responses, and to help them relax and feel comfortable.

“I've tried this approach and it doesn't work.”

I won't dispute the fact that some salespeople have a difficult time applying this concept. In fact, many actually experience a decline in sales when they first try to implement this concept. I suggest that you keep practicing until you become comfortable asking questions such as these. Once you become relaxed your customers will also become more comfortable and this will result in more sales.

“I've been given a script to use for every objection so I don't need to do this.”

Many businesses give scripts to their sales staff. However, this approach seldom addresses the real concern a customer has and can sometimes offend them.

“My customers care only about price so it doesn't matter what questions I ask.”

This is not an uncommon perception among salespeople. However, this perception may be incorrect. Although price is a factor in virtually every sale it is seldom the primary issue. Many people look for overall value, not price. When you ask them quality questions, you begin to differentiate yourself from your competitors. Once you begin separating yourself from other similar businesses you give people a reason to focus on issues other than price.

Asking questions such as these will help you prevent some objections from arising. The goal is to learn enough about your customer's situation to present a product/service that fits his or her needs and want so closely that you give them a compelling reason to buy from you, today, at your price.

© 2004 Kelley Robertson

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Kelley Robertson, President of the Robertson Training Group, is a professional speaker and trainer on sales, negotiating, sales management and employee motivation. He is also the author of “Stop, Ask & Listen – Proven Sales Techniques to Turn Browsers into Buyers.” For information on his programs, visit his website at www.KelleyRobertson.com . Receive a FREE copy of “100 Ways to Increase Your Sales” by subscribing to his 59-Second Tip, a free weekly e-zine available at his website. You can also contact Kelley at 905-633-7750.



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