Will You Be My Valentine?

With today being Valentine’s day it seems appropriate to take a fresh look at prospecting.  After all, isnโ€™t it sales and marketingโ€™s constant function to ask others, โ€œWill you be my Valentine?โ€

The Valentineโ€™s Day-Prospecting love connection light bulb went off in my head a couple weeks ago when I was talking to a 

pharmaceutical sales rep at a meeting. He was using a pharmaceutical sales scenario as a backdrop for describing his thoughts on how we can get prospects interested faster.  

I donโ€™t have any drug firm clients, Pharmacy’s as y’all know can be a headache but I can easily see how his expertise can be applied to what we do selling merchant services.

Here are my takeaways from this conversation,  Think of this as a roadmap to winning the hearts and minds of your prospects.
1. To build trust quicker 
โ€“ Open with a negative or a drawback of your offering. Shows you are willing to be truthful and establishes yourself as both trustworthy (giving the straight scoop) and knowledgeable.  You are willing to share data that you understand.
โ€“ Frame what your stuff does in terms of what your prospect will miss out on, rather than what they will gain. The idea of losing benefits is more powerful than the idea of gaining the benefit in minds of buyers. People would rather protect what they have than work to achieve a gain.
โ€“ Use social proof โ€“ your offeringโ€™s popularity โ€“ to show itโ€™s worthwhile. Below the surface, people actually make judgments based on what they perceive is going on around them. โ€œOur most chosen dessertโ€ attracts even more buyers. This is โ€œsocial proofโ€ of what constitutes proper conduct. So, if you have popularity โ€“ USE IT.
โ€“ Feature and benefit selling is important, but itโ€™s old school. Today, science shows that we respond to what we perceive should be a better product based on price/popularity/other externalities. We experience things based on context. Prospects stop critiquing โ€“ actually turn off that portion of the brain โ€“ when they hear statements backed up by popular assent or experts.
2. People say yes to people they trust and like. So, how do we develop relationships quickly?

  • Find similarities.
  • Give honest praise, genuine compliments.
  • Come to like your customer, first. Thatโ€™s when people feel safe, when they feel liked. They will feel their interests are protected, so they are more likely to follow your recommendations. 

Donโ€™t try to first try to make someone like you until youโ€™ve tried to like them.

Hmm, seems like good advice for Valentineโ€™s Day, too!

Happy Selling,

David

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Author: David Matney

Payment Technology Specialist at Payment Lynx

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