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Build
Your Retail Success Triad:
Eliminate Your Customer's Emotional
Obstacles to Buying
By
Ed Rigsbee, CSP
How
long have you known that you need to lose weight? Quit smoking? Improve
your selling skills? If you have known that one or more of these issues
are important to your life, why haven't you done something about it? I'll
tell you why. You have intellectually known things you must do to improve
your life of business but you have no emotional ownership in the issue.
Where does the emotional ownership come from?
It usually comes from a critical life experience that puts in your
face that you must confront. You have the intellectual knowledge but must
also have the emotional ownership to change your behavior.
The
same is true for your customers. They have intellectual knowledge of the
stores and services in their area but only do business with the ones that
they have an emotional connection. Maybe you've experienced this
phenomenon but didn't realize it. It
might have been when you said to yourself, "I don't get it, why
didn't she buy?" Does this sound all too familiar? If so, you could
be missing your customer's emotional need to buy at three different levels
before you get to see their purchase order, money or plastic.
At
your first selling seminar, you were most likely taught what I share in my
entry-level seminars, that people buy on emotion and use logic to justify
their buying emotion. I bet you've been told, as I tell my clients, that
your customers buy benefits and not features. You even understand that the
benefit to having your products is the emotional side of the sale and the
features are the logical side. "That's fine but they still are not
buying," you might say.
Help
and hope are on the way! Every customer who walks into your store or place
of business must make three emotional purchases before you can hear the
sound of your cash register. The order of which, is less important yet the
three purchases must be made. They are emotional product purchase,
emotional store/business purchase and the emotional salesperson purchase.
If you look closely at successful businesses, what you'll find is a
continual selling effort at these three levels.
To
achieve the Retail Success Triad, you must have an integrated business.
This is a business where partnering at all levels is the complete business
strategy. When I say partnering, I'm really referring to building QUALITY
interpersonal relationships. Relationships with other businesses, with
your suppliers, with your customers, with your employees and you becoming
the type of person that all others want to be around and do business with.
For the Customer Triad Purchase to be made at the three emotional levels,
all the persons involved in your business must work in harmony.
Additionally, they must tirelessly strive for the same common goal.
Emotional
Obstacle 1:
This is your product offering, it's the area where you usually focus on
the features that create benefits. The benefits make your customer's live
better as a result from owning or using your product. This generally is
what most of the books and articles on selling cover in great detail. Be
careful not to make the mistake of expecting your customers to buy on
features alone. Remember, even if your products are fabulous and offer
exceptional value, you still have two more sales to make before you can
take the cash to the bank.
The
elements that affect how your customers view your product mix and quality
are important to review regularly. If you look at your store’s offering,
not as your product, but as the property of your customers (currently
being held in your custody). You most likely will view the following
elements differently and hopefully make some improvements.
- Quality/Price,
this is always on a sliding scale.
- Selection,
is it the selection your customers want?
- Merchandising
and Display, the silent killer. Just because it looks good to you,
does not mean it looks good to them.
- Product
presentation and supporting marketing materials in relationship to
outside sales.
Emotional
Obstacle 2:
This is your company. This obstacle to selling covers all things from your
physical building or plant and location to your company's reputation in
the community and marketplace. An important item to keep in mind is that
your customer's only reality about your business is the conversation they
have with them self about your business. At this plane, perception is
everything. While you may not have much control over your physical
building and location, you surely have some control over how it to your
customers.
Contributing
elements to success in emotionally selling your business include the
following:
- Policies,
this is an area in which you have plenty of control.
- Reputation,
your years of service to the community or marketplace can be your
greatest asset of your worst baggage depending on how you have served.
- Layout,
while this has to do with merchandising, more importantly it has to do
with flow. How does your place of business FEEL? Does it flow? Can
your customers easily find what they need?
- Physical
building, its history and location are important aspects of emotional
selling. How does your building look? When the outside is awful, the
inside will be much weaker, despite your efforts. What about the
history of your building? In
Camarillo, California, a favorite restaurant of mine is Octtavio's.
They have a copy of the original Spanish land grant for the property
on which the restaurant rests. What do you know about the property and
building's history? Have any old photos you can display? Maybe even
create a sales event wrapped around a theme of the era in which the
building was constructed. Your imagination is your only limit.
Emotional
Obstacle 3:
This is the Salesperson. An important question to ask is what can you do
to assist your salespeople to improve? While I believe my Sales Training
Program to be superior, most sales improvement programs available today
are quite good. Despite which you select, select a program and start your
training. The element that spells disaster for most training programs is
the lack of commitment by the sales staff and that of management. The
following elements for success will help you and your organization in
getting unstuck. Additionally, you'll draw on your (and their) unlimited
capacity to achieve even higher levels of performance and excellence:
- Find
your passion in selling and serving customers.
- Decide
what you really want while you are employed by the store.
- Develop
a workable improvement plan (suited to your personality).
- Build
relationships with those (customers, suppliers, supervisors and
colleagues) whom you can create synergy.
- Make
an emotional commitment to yourself and your plan.
- Learn
to say NO to that which does not serve your plan.
In
selling, there are so many elements over which you do not have control. It
is crucial that you do your best to master the areas where you do have
control. It's true that occasionally you can have a customer without
making all three emotional sales but those are the exception and not the
rule. If you earnestly work daily on your Success Triad, a sales increase
is assured.
Finally,
for you to move on with your life and have substantive improvement you
must have more than an intellectual knowledge of how to improve. You must
have an emotional ownership in improvement. As you read this article, do
more than say to yourself, "Sounds good, I'll work on it when I have
time." That my friend is
intellectual—get past the intellectual to the emotional. Better, say to
yourself, "He's right, I commit to action today to build my Selling
Success Triad."
Copyright
© 2008, Ed Rigsbee
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Ed
Rigsbee, CSP is the author of PartnerShift, Developing Strategic Alliances and The Art of Partnering.
Rigsbee has over 1,000 published articles to his credit and is a regular
keynote presenter at corporate and trade association conferences across
North America.
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