Wednesday, March 4, 2009

Why People Dont Buy

Writen by Tim Connor

People buy for their individual and personal reasons, not for the reasons the salesperson's (or the organization's) marketing department think they should. You cannot turn a poor prospect into a customer with a great product or persuasive sales appeal. The key to increasing sales is to identify why people buy and what will cause them not to buy.

People don't buy for any number of the following reasons:

1. They can't afford what they want.
2. They don't really know what they want.
3. They have had a poor history with salespeople or organizations in general.
4. They don't want it.
5. They don't need it.
6. They have not been convinced that the value equals the price.
7. They are concerned with what others will think of their purchase.
8. They don't trust the salesperson.
9. They don't trust the organization.
10. They don't like it.
11. The timing isn't right.
12. They are indecisive buyers.
13. They don't trust the salesperson (repeated intentionally).

When a prospect doesn't buy, I suggest that you do everything possible to determine what prevented the purchase – especially if this was a well-qualified prospect. This can be done with an after-sales call visit, telephone call, letter, or fax. Once you learn why many of your prospects are not buying, then, and only then, can you disarm these resistance areas during the sales process.

Most poor salespeople give more information than they get. They TALK TOO MUCH. You learn nothing while you are talking. You can learn a great deal if you can get the prospect talking and keep them talking. After every failed sales attempt, make it a regular practice to ask the prospect, "What was it about our product or service that prevented you from making a favorable decision?"

You will learn a great deal which can have a positive impact on future sales results if you will consistently determine why people don't buy from you and/or your organization.

Tim Connor, CSP is an internationally renowned sales, management and leadership speaker, trainer and best selling author. Since 1981 he has given over 3500 presentations in 21 countries on a variety of sales, management, leadership and relationship topics. He is the best selling author of over 60 books including; Soft Sell, That's Life, Peace Of Mind, 91 Challenges Managers Face Today and Your First Year In Sales. He can be reached at tim@timconnor.com, 704-895-1230 or visit his website at http://www.timconnor.com.

1 comment:

Patricia Weber said...

And this incessant need to spiel (talk too much) before the relationship is real (through great questions and listening) is one key reason I say, introverts make some of the best salespeople!

Patricia Weber
Business Sales Accelerator Coach
Blogging Sales Tips for Introverts, Shy and Reluctant