10 Reasons Why People Don't Buy From You

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Walker Filtration 10 Reasons why people don’t buy from you… …and what to do about it

Transcript of 10 Reasons Why People Don't Buy From You

Page 1: 10 Reasons Why People Don't Buy From You

Walker Filtration

10 Reasons why people don’t buy from you…

…and what to do about it

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I can guarantee Sales Growth if you address the issues raised today!

Introduction

• The Top 10 issues adversely affecting sales growth in North East businesses I've worked with since 2010.

• Separated into The Top 5 Sales errors & the Top 5 Marketing errors.

• Each issue raised is a training workshop in itself!

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Top 5 Sales Mistakes Are you guilty of any?….

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5. Failure to Follow Up ‘Dead’ Leads…

• Incoming enquiries - many companies not even taking contact details of caller!

• If details are taken but a sale is not made, what is done with the prospect’s details?

• Many sales ‘leads’ fall into a black hole never to be contacted again

• In the field, what is done with non-converted prospects? When are they contacted again?

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5. Failure to Follow Up ‘Dead’ Leads…

Solution = Lead Nurturing Via CRM &

Lost Sales Analysis (surveying why people never bought)

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4. Trying to Sell too quickly

• Many Salespeople far too quick to enter ‘sales mode’

• However, it’s likely a prospect will not perceive a need for your offering

• The most successful salespeople identify a ‘pain point’ prior to selling.

• After all a doctor wouldn’t give you pills as soon as you walk in the room.

• If a customer is happy with the status quo you need to make them think by asking questions

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Solution = Identifying precise needs

first and then sell solutions to these needs

4. Trying to Sell too quickly

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3. Talk More About YOU Than Them…

• Salespeople talk too much! • A deal has never once been lost

whilst listening! • Talking doesn’t drop barriers! • The only part in the sales process

you need to talk about YOU is after you have agreed there is a need for your product or service…

• …And even then it must be relevant and punchy

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Solution = Talk predominately about

THEIR issues and how you can help THEM

3. Talk More About YOU Than Them…

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2. Being Greedy - Give a little, Get a LOT

• Sales tends to be a one-sided relationship in the early stages

• Give Me YOUR PRECIOUS TIME and I MAY give you something that you MAY benefit from

• No wonder so many salespeople aren't listened to

• Why not change this dated dynamic?

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Solution = Helpful Giveaways help

change the dynamic and facilitate both trust and

Cialdini’s first principle of influence - Reciprocity

2. Being Greedy - Give a little, Get a LOT

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2. So….What can you give away?…

• Fact sheets and Guides (either printed or electronic)

• Articles and valuable information not available elsewhere

• Exclusive research findings and white papers • Valuable insights

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1. Lacking a Genuine Desire to Help

• We all have a ‘sixth sense’ and buyers can tell a mile off when you are genuinely interested in helping them or just want a sale

• Who Cares Wins • If prospects know you genuinely want to help

they're FAR more likely to listen • More and more blue chips now

recruit salespeople using tests for EQ rather than IQ

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Solution = Give the best (justifiable)

recommendation for a particular customer. After all, a long

mutually beneficial relationship is far better than a one-off sale!

1. Lacking a Genuine Desire to Help

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Top 5 Marketing Mistakes

Are you guilty of any?….

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5. No Changing Content on Website

• Google loves fresh new content - rewarding websites that change content and penalising offenders

• Changing content also gives visitors a good reason to come back

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Solution = Include changing content such

as an up to date blog, embedded social media feeds, event photos, press releases, news, revamped design, etc.

5. No Changing Content on Website

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4. Lack of Competitor Awareness

• If you aren’t aware of what your competitors are doing (your customers sure will be!) then how can you keep a competitive edge?

• If it works for major FMCG then why wouldn't it work for you?

• Knowledge is power! • Failure to remain competitive can

be business suicide

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Solution = Regularly ‘mystery shop’, and ‘spy’ on competitor’s online

activity - rather you than your customers!

4. Lack of Competitor Awareness

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3. Lacking a Consolidated List of Reasons to Choose you

• Companies usually have more than one key selling point / USP and reasons to choose them

• The key selling points are however far too often diluted throughout a website and therefore lack power

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Solution = For maximum power group reasons to choose you together in a single

‘Why Choose Us’ / ‘Reasons to Choose Us’ website page

3. Lacking a Consolidated List of Reasons to Choose you

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2. Failure to get Prospects to Think

• Prospects at the outset are 99% of the time happy with current product / service / situation

• Successful sales & marketing messages ideally need to create a shift in mindset to the final stage - Desire to Buy

• Far too many business communicate ‘Buy our green widget’ instead of asking ‘Does your green widget do this?’

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Solution = Ensure your marketing messages

convey the reality of the customer’s better world after they buy your product / service and how it will improve their current situation

2. Failure to get Prospects to Think

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1. Lacking Proof You’re Good• A crucial psychological tool is backing up your

claims • After all you’re going to say you're good aren't

you?! • This is why Amazon use product reviews

• Given a choice of 2 companies - people will choose the one with great independent feedback

• Proof tools such as Feefo and promoting NPS results are really taking off

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Solution = Include recent case studies /

testimonials / reviews / NPS results in your marketing material and in

your sales presentations

1. Lacking Proof You’re Good

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10 Reasons why people don’t buy from you

10. Failure to follow up dead leads 9. Trying to sell too quickly 8. Talking more about YOU than THEM 7. Being greedy - give a little to get a LOT 6. Lacking a genuine desire to help 5. No changing website content 4. Lack of competitor awareness 3. Lacking a consolidated list of reasons to choose you 2. Failing to get prospects to think 1. Lacking proof you're good