Creating a Customer Feeding
Frenzy
4
tools that make you simply irresistible
Copyright
© JC Mowatt Seminars Inc.
Used
with permission of the author:
Author: Jeff Mowatt
From the series Influence with Ease ®
http://www.jeffmowatt.com
23
March 2007
I swore to
myself that I would not buy anything as I walked into the carpet
factory in Deli, India. The only reason I
was entering at all was because I was part of a tour group and
this was the last stop. By the time I left the factory however,
our busload of worn-out tourists had been transformed.
We were energized, laughing and most importantly, laden
with purchases. I, having sworn to myself that I wouldn’t buy
anything, walked out with carpet in hand and had spent over six
hundred dollars. The salesman in the factory had successfully
created a customer feeding frenzy.
When
I speak at conventions and for organizations on how to boost
sales, I often find that
customer contact employees lose potential business because of one
major factor. They
spend too much time trying to sell and not enough time stimulating
the customer’s natural urge to buy.
Customers hate to be sold to but they love to buy.
Like the salesperson in the Delhi carpet factory, you can spark a buying frenzy when you use the
right approach.
Emotions are
the key. You must
stimulate an emotional need for your products or services. Even a
customer who’s buying a cheap car is making an emotional
decision. Though the low cost makes it seem like they’re making
a logical decision, in fact, it’s an emotional one.
Perhaps they’re buying it so they can have money left
over to go to school. In
this case, their passion for further education makes this purchase
an emotional decision. Buying
this inexpensive car helps them pursue that passion. The sooner
you can tap into that emotional need, the easier it will be to
create a buying frenzy.
Four ways to
stimulate this emotional demand are through personal stories,
benefits, demonstration, and tapping into fear.
1.
Share Personal Stories
Stories about
your personal experiences with your products or services give you
tremendous credibility. When
I bought a mountain bike at Ridley’s Cycle in Calgary, it wasn’t because of a brochure that described the bicycle’s
features. It was
because the employee told me about his personal experience in
test-riding a similar bike. He described his experience with such
exuberance that I couldn’t help but get caught-up in his
enthusiasm. I ended up buying two bikes – the second for a
friend who I knew would love it.
No brochure can create real life excitement that stimulates
an emotional buying demand the way personal stories can.
That
doesn’t mean that you, the salesperson, had to actually have the
experience yourself. The
experience could have happened to another customer or co-worker.
The key is that you know the other person personally and they told
you about their experience themselves.
That gives you the “inside information” that enhances
your credibility.
| “Employees
spend too much time trying to sell and not enough time
stimulating the customer’s natural urge to buy.” |
2.
Emphasize the Benefits
The only
reason people buy anything is because of what the purchase will do
for them – in other words, its benefits. Benefits refer to what
the features or characteristics of a product or service will do for
the customer. Features
are meaningless to the customer unless they are translated into
benefits. An easy way to do this is utter 6 magic words to the
customer: “What that mean’s to you is…”
Consider an
example of an automatic garage door opener. The features
of this door opener are that you can push a button and the garage
door opens and the light turns on.
The benefits are,
in other words, “What this means to you is - you don’t have to
get out of you car to open the door, so you stay warm, safe, and
comfortable.” Too
often, salespeople try to sell features. Instead, they should allow the customer to buy benefits.
3.
Prove with Demonstration
Live
demonstrations stimulate excitement and feelings of trust (the
emotions associated with buying). Customers love to be entertained
and they generally believe what they see - especially if they’re
involved in the demonstration.
Before you
demonstrate your product or service to your customer, first ask
them if they’d like to see it in action. When they customer
agrees, it’s no longer a case of you selling to them, but of
them buying from you. ‘Nuff
said.
4.
Tap into Fear
Fear is
another powerful emotion that can result in a feeding frenzy. Tap
into the customer’s fears by pointing out the risks associated
with not buying the
particular product or service.
A customer, for example, who is considering investing in a
specific car repair, should be made aware of the negative
consequences of not fixing the problem.
Use this tactic sparingly and ethically, however, or it
will backfire.
Combine
Techniques
The carpet
salesman in Delhi talked about the families he knew who took months to make each
carpet (personal stories). He pointed out the investment value of
carpets (benefits). He asked if we wanted to see his favorite
carpet, and then he made a show of it (demonstration). He
explained that with current exchange rates his carpets were the
best deal in the world (fear).
With these irresistible persuasion tools being used –
it’s no wonder so many of us joined into the buying blitz. The good news is, with just a little professional training,
you and your employees can create the same feeding frenzy for your
business. Bon
Appetite!
This
article is based on the critically acclaimed book, Becoming
a Service Icon in 90 Minutes a Month
by business strategist, consultant, and international speaker Jeff
Mowatt. To obtain your own copy of his book or to inquire about
engaging Jeff for your team, visit http://www.jeffmowatt.com
or call 1-800-JMowatt (566-9288)
Short Summary
By selling benefits and creditability through emotional
commitment, customers and employees would 'buy in" on an idea
or product.
Keywords and relevant phrases
Benefits, credibility, customer, emotion, ethics, excitement,
fear, sales, trust.
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