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Psychologically selling

A lot of the sale is how the customer is thinking


Recently we conducted an informal investigation into sales techniques in stores. From our experience it appears that it is being taken for granted that people coming into our stores are going to make a purchase and other than pretty displays, little can be done to influence the purchases of these people.

We observed employees responding to questions about where various products were to which employees pointed to the general area and gave directions much like the person we all experience who lives in an area and concludes the directions with, “you can’t miss it”. We have all experienced situations where we proved that last statement to be false.

Instead, we need to walk the customer to the specific aisle and engage the customer in conversation about what particular product they are looking for, or if they have named a particular product, what has been their experience with that product.
Both conversation starters can go a long way toward making a sale.

We observed customers finding an employee in an aisle and when asked where a particular product was, such as a tequila, and the employee pointed to the bottle on a shelf. Unfortunately, too often the employee then leaves the customer thinking their job is done.

Instead, if the product were taken from the shelf and placed in the customer’s hands for their inspection, research has shown that sales increase by approximately 15% because the customer is holding the desired product. Psychologically, the customer is experiencing a feeling of ownership with the product which produces the potential increase in sales.

It is at this point that we can further increase overall sales by asking the customer, “Is one enough or would two be better?”. As compared to a, “How many do you want?” type of question, our suggested question can be received more as a helpful suggestion.

This is an excellent time to mention two additional helpful sales tools. The first addresses the hand baskets that many stores stack at the entrance to the business. While this may be “an” attractive place for the baskets, it should not be the only place they are located. Instead there should be multiple locations so that customers and employees can easily get one.

Again we know by research that when a customer has their hands full of product they mentally shut down from shopping. This is a reason why all employees should be on the lookout for customers that have multiple items in their hands. When they see this customer, they should grab a basket and offer to help the customer place their selections in the basket. With the basket now in one hand, the customer can return to shopping.

The second aspect is that of additional items near the product; mixers and various accessories. This as compared to having to walk the customer to another area of the store.

While the customer is thinking of one item, having the "add on" or "impulse" item nearby helps to make that subliminal suggestion to the customer of increasing their purchase.

When working with a customer it is important for you to be thinking, and it is important to be aware of how the customer is thinking.

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This article is copyrighted by Tom Shay and Profits Plus Solutions, who can be reached at: PO Box 128, Dardanelle, AR. 72834. Phone 727-823-7205. It may be printed for an individual to read, but not duplicated or distributed without expressed written consent of the copyright owner.

 

 

 

 

MAY 2024
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Small Business

AdvisorieS

The May Small Business Advisory is titled "Planning for a successful accountant" and is appropriate for many with the April 15 tax deadline having passed.

 

Did you work with your accountant? Or, did you just give them a bunch of papers and wait to receive a completed tax return?

 

Successfully working with an accountant requires a partnership. This month's Small Business Advisory gives suggestions of how to make this happen in 2024.

Small Business

News

Top Story

We see that many small business owners have too much of a focus on the "top line" of their income statement.

 

Increasing revenue is great, but it is not a cure all for any challenges your business is facing. And sometimes, incresing revenue can create a challenge.

Article of the Month

Who is your customer? Some small businesses have no focus. Their customer is whoever calls or walks in the door.

 

And some small businesses have determined which customers, in sufficient numbers, they should spend their efforts to attract.

 

The article of the month shares an old Southern rhyming couplet about business; "The bertter you niche, the more you get rich."


Book of the Month

Lean Startup by Eric Reis is our suggested book for May.

 

As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.

 

Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.

BOOK US

With over 25 years of frontline experience Tom Shay is America's leading Small Business Management Expert. He's a "Must Have" for your next event.

Small Business

Advisories

The May Small Business Advisory is titled "Planning for a successful accountant" and is appropriate for many with the April 15 tax deadline having passed.

 

Did you work with your accountant? Or, did you just give them a bunch of papers and wait to receive a completed tax return?

 

Successfully working with an accountant requires a partnership. This month's Small Business Advisory gives suggestions of how to make this happen in 2024.

Small Business

News

 

Top Story

We see that many small business owners have too much of a focus on the "top line" of their income statement.

 

Increasing revenue is great, but it is not a cure all for any challenges your business is facing. And sometimes, incresing revenue can create a challenge.


Article of the Month

Who is your customer? Some small businesses have no focus. Their customer is whoever calls or walks in the door.

 

And some small businesses have determined which customers, in sufficient numbers, they should spend their efforts to attract.

 

The article of the month shares an old Southern rhyming couplet about business; "The bertter you niche, the more you get rich."


Book of the Month

Lean Startup by Eric Reis is our suggested book for May.

 

As the title suggests, the reader of the book would be someone that is starting their business. However, we see more value than just that.

 

Perhaps you have been in business for many years. We think this book could give insight to items, and methods, that a small business owner should think about with their business today.