As I meet with entrepreneurs I am amazed at the number of people professing to be experts that are preying upon entrepreneurs struggling to grow their businesses. I discussed “marketing tools “in my previous post; who they are and how to quickly spot one so you don’t get burned. A new entrepreneurial predator has emerged that is referred to as “smores” or social media whores. In this post I plan to share how social media, social marketing, is a key component of any businesses overall integrated marketing, and how to quickly spot the smores so you do not get burned.
If you have been in sales for any length of time you will agree one of the most difficult sales to make is with a customer who had a bad buying experience in the past. Inexperienced salespeople will hope this smelly past buying experience will not permeate the new sales opportunity they are selling. Experienced sales people know to “Throw the Skunk on the Table” early in your new sales process.
I have served a number of industries over the years and it is not uncommon to rely on your current customers to purchase additional products and services as well as new products to hit your revenue targets. It is inevitable you will have a customer (hopefully not too many) who had a bad buying experience in the past. Maybe they ordered a new product that failed to meet the buyer’s requirements or criteria. Maybe your new product launch was late and missed a critical delivery time? Whatever the reason…your buyer was unhappy.
What should you do if you know a buyer you are now trying to sell had a bad past experience?
“Throw the Skunk on the Table Early!”
Inexperienced salespeople will try to act like that smelly past problem is not still lingering with the buyer. They may dance around it, or if it is brought up try to dismiss it and stay focused on the present sale (commissions). As the recent post in Revenue Journal’s blog : Why Do Buyers Agonize? Because Sellers Lie and Minimize shares how buyers are trying hard not to be disappointed. If they have bought product for any length of time people have sold them products or services that did not meet their expectations. Buyers today in particular in what I refer to as a “cautiously optimistic buying environment” are even more careful. They do their on line research, checking the internet for comments posted about a company or product, and they have short memories.
Experienced salespeople know the worst thing to do is ignore the odor of a bad buying experience. Experienced sales people bring up the past experience, briefly discussed what occurred as well as the corrective action then, and since then to insure the buyer is not disappointed again. Failure to acknowledge a bad past experience violates trust. When you ask buyers why they did not buy, it often surprises people to learn “price” is not even on the list. The number one reason is a lack of trust. Specifically that the salesperson did not clearly understand the buyer’s problem and has proposed a solution that will not completely solve it.
If you are meeting with a buyer who was disappointed in the past, throw the skunk on the table early in the sales call and you may just win the new sales opportunity while re-building trust.