The #1 Mistake Sales People Make

The number one mistake sales people make is… they make it too hard to become a customer.

Think of all the sales opportunities that started out strong only to have the prospect decide to stay with their current supplier. The #1 reason they stayed with their current supplier is: it was not worth the effort of becoming your customer.

One of the keys to turning prospects into customers understanding the level of emotion a decision maker has and matching the effort of becoming your customer to this level of emotion.

When you get to decision makers after they experience a Trigger Event they have a certain amount of emotion related to solving the problem. As long as the level of effort required to become your customer is less than the level of emotion they have they are likely to become your customer.

BUT when decision maker’s perceive it to be too much effort to become your customer they typically stay with their current solution/supplier – aka the Status Quo.

Here is a personal example… I am a customer of ActiveConversion.com a Sales 2.0 service that lets you know who visits your site and how often they visit and I recently became aware of their autoresponder offering, for those who fill in a form on my web site. An autoresponder allows me to set up a number of emails that go out a specified number of days, weeks, or months after a form has been completed.

The reason I want an autoresponder system, beyond the traditional reason of drip/nurture marketing, is that I want to know when a prospect’s/customer’s email address starts to bounce. This signals the Trigger Event of a change in decision makers and typically means three opportunities:

  1. The person who left where did they go?
  2. Who took their place?
  3. The person who took their place where did they come from?

After doing some initial investigation I learned that I needed an account with VerticalResponse.com in order for my autoresponder emails to go out.

Because I am currently satisfied with my current email marketing solution, if Vertical Response had only sold a monthly subscription plan, based upon how many people are on my mailing list, I would have stayed with the Status Quo – no auto responders. BUT Vertical Response has a pay as you go plan that I could take advantage of.  For as little as $15 I could buy 1,000 autoresponder emails that can be used any time and keep my current email marketing solution.

Because the level of effort of becoming a customer was less than the amount of emotion I had about solving the problem I spent $15 and bought the 1,000 autoresponder email, package.

Now Vertical Response has me as a customer and I am learning how to use their systems. When I experience a Trigger Event and become dissatisfied with my current email marketing solution who do you think I am most likely to buy from. You guessed it Vertical Response.

Too often sales people are so focused on getting the big sale that they miss the opportunity to make a smaller initial sale with those who recently experienced a Trigger Event and then harness the future Trigger Events that create larger follow-on opportunities in the same account.

My question, to be answered by commenting below, is “What can you do to match the effort it takes to become your customer to the level of emotion the prospect has?

Win $1,500 worth of Trigger Event services by getting the most votes for your answer.

Answers are voted on by clicking on the Top Seven Mistakes in Sales Voting Button - Trigger Event Selling button that appears at the end of each answer and voting ends on Monday June 29th.

Answers/Comments need to be approved – to avoid spam – which typically takes just a few minutes. Contact me by phone (+1.403.874.2998), Skype me (Craig.Elias), or this contact form, if you don’t see your comment approved within a few minutes of posting it.

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Have an EVENTFUL week!

Craig

  • Eliot Axelrod

    You can’t emphasize this point too much. In sales to large corporations or even government agencies, buying from a new vendor is extremely time consuming. Any time that you can offer something early in the relationship that flies below the purchasing radar gives you a tremendous advantage.

  • http://www.outbsolutions.com Mark Allen Roberts

    Great post,
    This is such a pervasive problem I did a little research. I asked sales people why they did not get the business, and their answers were predictable;
    • Our price was too high
    • Our product sucks
    • The other rep has a relationship with the buyer ( only rep that went to his daughters wedding)
    So then I read some research and asked buyers why they did not buy, there answers were interesting;
    • Not listening
    • Does not follow up timely
    • They talk too much
    I found 50% of sales are lost due to the process of sales and has nothing to do with the product or price. I blogged about this WARNING: Buyer’s say what salespeople do wrong?..PRICE is not on the list! At http://nosmokeandmirrors.wordpress.com/2009/04/23/warning-buyers-say-what-salespeople-do-wrongprice-is-not-on-the-list/
    Having led sales and marketing teams for over 25 years one of the most valuable exercises we can all do is win/loss calls.
    Thanks again,
    Mark

  • http://www.theatricalconsulting.info Dan

    That is great info. Before I started my company I started interviewing my No’s about 3 months afterward. I found a commonality between all of them “You’re just too hard to do business with” Soon thereafter I left my company and started my own, and you guessed it, those are my very first clients for my new company.

    It all comes down to they have pain, can you solve it?

  • http://www.DataDesignsPublishing.com Sandy

    Our Best Tip: Let the customer work however he/she is most comfortable working. We create documents for customers (like training manuals, product catalogs, etc.) So we make it as easy to work with us as possible — we’ll take customer’s information in whatever format works best for them: various computer file types, over the phone, via fax or e-mail or handwritten, even if it’s on the back of a napkin. Then we give it back to them in whatever format is best for them. Some of our competition requires certain file types or formats and some don’t return files to their customer.

  • http://jessandunnotis.com Jessan Dunn Otis

    1. Am I easy to find/get in touch with – IRL, online, etc. ?
    2. Do I listen carefully, with compassion ?
    3. Does what the client want/need match my experience/expertise?
    4. If not (#3), can I confidently refer to another provider?

    These are essentials – whether talking with a potential client, existing client or with any individual.

    Cheers! …and, thanks for the question(s).

    Jessan

  • http://www.dmcounsel.co.uk Michael Collins

    My best tip is: understand the need of the customer and ensure the customer understands the relevance of your offer to their need.