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3 Reasons Customers Won't Buy Your Product
Eyeglasses ‘salesman’ Vitaly Borker is possibly the worst “seller” on earth. In the late 2000s, he was arrested for defrauding online customers and threatening them when they complained about his ‘services’. A decade later, he was at it again and made headlines as one of the most incessant scam artists in business. No matter how bad you think you are at selling, don’t forget – you could always be this guy.
In Today’s Jam
Sales Tip of the Day: Stop Talking
The Sales Lab: 3 Reasons Customers Won’t Buy Your Product
Weekly Poll
Sales Q&A: Help: My Sales Team isn’t Selling
The Ultimate Guide to Creating Your Sales Playbook
Today’s Story & a Sales Scene
The Sales Lab🔬: 3 Reasons Customers Won’t Buy Your Product
Customers are sick of pushy sales processes.
And no, it isn’t because your product sucks.
It isn’t because they don’t want to fix their problems.
Sometimes it isn’t even because they don’t know that they have a problem. A lot of the time it’s about framing.
How are you framing your product when you approach these folks?
Here are some obstacles standing between you and the sale 👇🏻
You’re asking them to buy instead of offering a solution
Don’t confuse “asking them to buy” with confirming whether it's time to get a name on the dotted line.
Sometimes, asking a prospect straight up if they’re ready to move forward is all it takes to seal the deal.
After all, the sale is made way before the literal close. But are you badgering prospects over the head screaming, “BUY BUY BUY”, or are you putting them on to a solution?
The latter means you would have done the groundwork:
Ensuring they have a problem you can fix.
Asking questions to discover new problems.
Framing your solution as the ideal choice…
Before you nudge them to get their name on the dotted line.
You’re Not Telling Them What’s Their ROI
Depending on the type of solution you’re selling, prospects will stand to win in several ways. Consider how their company works, how your product fits into the picture, and why they should be excited about this.
Does your product:
Save them a ton of time?
Simplify a complex process?
Directly affect their bottom line?
Heck, it might do all three. But you need to do the work to understand their company.
Then use that information to frame your narrative (or really good questions) to help them understand why this move makes so much sense.
You’re Not Showing Them the ‘Value’
Think of this part as a combination of the first two. You’ve heard it a million times – prospects want value.
If you lead with value, the sale falls in your lap. One surefire way to accomplish this is to break out a game-changing USP.
The best way to pull this off is to dig a little.
Find out what other options they’re considering, then use your knowledge of that competitor to zero in on what sets your product apart (no badmouthing).
Especially if your product is more expensive it’s super important that you make this distinction.
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It’s Time For That Dream Sales Job…💼
Looking for a new job opportunity in Sales? Search for the latest and greatest jobs here.
Looking to hire someone with great Sales experience? Post your job on The Sales Jam Job Board, here.
Game Changers of the week🔥
One Rare Prospecting Question Comin’ Up
One of our favorite sellers on TikTok shares one of the most powerful questions to ask on a sales call. Hint: it isn’t “What does your manager think about X problem?”, or any other alternative you probably came up with. Check it out here.
Selling to the C Suite Shouldn’t Be Rocket Science
Jason Bay invites Mark Hunter on his podcast to discuss strategies for selling to C-Suite executives, such as communications tactics, meeting prep, and a wealth of knowledge you don’t want to miss out on.
Listen: Apple Podcasts | Spotify
The Ultimate Guide to Creating Your Sales Playbook
No matter how perfect your ICP is it can’t prepare you for everything a prospect throws your way. After all, people are different even if they share very similar problems. Use this guide to create the perfect sales playbook to foolproof your approach to sales.
This is how to Find Hot Leads on LinkedIn
Jed Mahrle from Sell Better shows how to attract quality leads on LinkedIn in 4 simple steps.
Today’s Story
Sales Scene of the Week🎬
Which one are you?
What did you think of this newsletter? |