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"Selling"
is not something that is done to the customer, it is something that is
done for the customer.
Most people like to buy. You can prove this to yourself by looking at the
balance on your own credit cards.
In residential replacement sales, 90% of the people you quote buy, if not
from you, then from your competitor, usually within hours of receiving your
quote. What other industry can you sell for where 90% of your prospects have
already made the decision to buy before even meeting you? You might say that,
when you run a sales call, they’ve already bought, and all you can do from
there is blow it!
So, if customers do like to buy, why aren’t they buying from you? Maybe it’s
because you’re trying to "sell" them instead of helping them to buy.
GIVE YOURSELF A "PROMOTION":
Promote yourself from "salesman" to "assistant
buyer." Stop "selling" and start helping your prospects buy.
When you do this, your life changes. You make more friends
and customers than you can possibly hope for. The muscles around your neck relax
and you sleep better at night with a clear conscience. Your recommendations are
better received. You stop trying to close sales and let your customers buy.
Good salesmanship is not determining how to sell the
customer, but determining what the customer wants to buy, and being able to
convey to the customer that you have it.
SALES IS NOT A "NUMBERS GAME":
Sales is not a "numbers game." Sure, the more sales
calls you run, the more equipment you will sell. But do you realize that every
single time you quote someone on a replacement, and they buy from someone else,
you’ve just generated bad publicity for your company?
How? Imagine the scenario when someone you quoted buys from a
lower priced competitor. What happens when someone they know tells them they
need a new air conditioner, furnace or heat pump, and asks them who they’d
recommend? That person will more than likely give them the rundown on the
contractors they talked to, their prices and why they chose the contractor they
did. They’ll say something like, "Don’t go with such-and-such
company. Their prices are too high."
WHAT IS CONSIDERED A "GOOD CLOSING RATIO"?:
One of the most important aspects of really making it in
residential replacement sales is the salesperson’s (or, assistant buyer’s)
attitude of expectation when running calls. Keeping in mind that 90% of the
people you quote buy from you or someone else within hours of seeing you, you
need to realize that you can close 90% of the prospects you see,
regardless of the "outrageously high" prices your company
"forces" upon you and regardless of the number of lower priced
competitors there are in your area.
SELLING VALUE OVER PRICE:
A good salesperson presents the offer based on value
and not on price. The more benefits the offer has the greater the value
of your offer. The higher the value, the more the customer is willing to invest.
Price becomes an important concern when the sales-person has not built the
value of the offer properly.
Good value is not how little you have to pay, but how much
you get for your money.
Can you spell out at least twelve reasons why, even though
your company may represent a higher initial investment, having you do the
work actually represents the way for the consumer to spend the least amount of
money possible? You’ll never be able to overcome the "price
objection" until you can.
Would you agree that, while nearly all consumers want
"value" and "quality," they also want to spend the least
amount of money possible, while still remaining assured of some standard of
quality?
Explaining how your offer represents the way for your
prospects to "spend the least amount of money possible" does not mean
you’ll have the lowest bid. Your price may very well represent the highest
initial investment while still representing the way to spend the least amount of
money possible.
Obviously, you’re not going to be able to get a higher
price for your replacement jobs without taking a few bold stances. Contrary to
the way most contractors operate their residential replacement sales offers, you
really can’t justify a higher price by adding "technical benefits"
like, adding a hard-start kit, mastic sealing of ductwork, extending the
warranty, etc. The problem is that, once you describe those things to the
customer, they’ll just contact your lower priced competitor, who sells the
same brand name that you do, and ask that those additional things be done, and
they’ll be providing the same value as you are, but still at a significantly
lower price.
What you’ve got to do is take a few bold stances. You’ve
got to stick your neck out in ways that don’t cost you single dime, but that
consumers want and place a hefty value on, and that most contractors are
unwilling to provide. Here are some examples:
OUR "COMFORT GUARANTEE":
We print right on our proposals that, when you buy from us, we guarantee that
the equipment installed will cool or heat your home to your satisfaction, or we’ll
replace it at no charge with something that does.
This may send alarms going off in your head, but think about
it for a moment. Haven’t we all, whether it was through an error in our own
judgment, or even, just to satisfy an unreasonable customer, taken out
equipment that we’ve installed and replaced it at no additional charge? Sure,
we all have. Then, whether you put it in writing or not, aren’t you offering
that same guarantee anyway? So why not put it in writing?
Imagine the scenario when, after talking to you, a prospect
calls your lower priced competitor and tells them they can have the job as long
as they’re willing to write on the proposal that the equipment will cool or
heat their home to their satisfaction, or they will replace it at no additional
charge. No way. Most contractors, including those who stand behind their work,
are afraid to put that on their proposal.
BANG!
If that consumer has ever been stung by a contractor
before, they’re going to find a certain level of security in your proposal,
and you’re "outrageously high price" is going to start looking a
little more reasonable.
OUR "NO SURPRISES" GUARANTEE:
One of the biggest, and most justifiable, fears the public
has with working with contractors, is that the price quoted is not the final
price they will pay for the work. It’s quite common for contractors of
all fields to secure a job with the lowest bid, and wind up charging as much as
everyone else through additional charges and "contingency fees."
That is exactly the type of thing that gives this industry a
bad name and is exactly why we put on every work order, once the work starts,
the price quoted is the price you pay, even if the job entails more work than we
had originally estimated. We call that our "No Surprises Guarantee."
Once again, imagine the scenario when your customer calls
your lower priced competitor and tell them they can have the job if they’ll
just write the "Comfort Guarantee" and the "No Surprises
Guarantee" on the proposal. No way.
BANG!
Once again, you’ve justified your "outrageously
high price," and it didn’t cost you a dime.
Click
here for a list of links to our other articles
MEET TOM McCART (HVAC’S "MILLION DOLLAR
SALESMAN"):
In 1986, with no previous industry experience, Tom managed to
be the first
person to sell over one million dollars in residential replacement
jobs...and
he did it his first full year in the business! Since then, he’s been known as "HVAC’s Million
Dollar Salesman."
Tom is president of No Secrets Training Systems, Inc. and
conducts HVAC business and sales seminars.
He can be reached at 1-239-482-7062 or by visiting his website at www.nosecrets.com.
Tom McCart's Sales, Business Management and Marketing Manuals can be
purchased online at this website at a the guaranteed lowest prices.
Click here for details
Want to learn more about this and other techniques for generating residential replacement sales?
Click here for details on Charlie Greer's
Sales Survival School.
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