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MARKETING -
June '98 No More Business As Usual by John R. Graham
Strategies for helping the customer focus on your product
Today's
customers are difficult to deal with. They're interested only in what they're doing at the
moment and are far less tolerant of anyone who dares to digress from the issue at hand.
They could be described as narrow-minded, although they can be viewed more simply as
highly focused. The customer takes more time to make decisions, requires those they do
business with to be far more competent and have higher expectations before and after the
sale.
Although the manner in which business is done today has
changed dramatically, it's easy to misread the way business is being conducted,
particularly in marketing and sales. To be successful in such a highly-competitive and
intensely-focused environment, it's important to thoroughly understand the new
no-nonsense, down-to-business mind-set of the customer.
- Focus on the task. Customers are riveted on
meeting heavy demands and tight deadlines. They don't have time to be courted. The way to
get the customer's attention is to provide helpful information and the way to close the
sale is by demonstrating expertise.
If the task-focused customer refuses to listen to your
presentation or ignores your voice mail messages, don't misread the lack of response and
dismiss the customer as not being a buyer. What may appear to be a lack of interest may be
an inability to focus only what you're selling at the moment.
For example, the color laser printer dealer sets the
installation procedure: "Once I have your order, the equipment will be delivered in
24 hours. Installation will be completed within four hours after delivery. Does this fit
your schedule?"
Both marketers and salespeople will do well to translate
superior service performance into a benefit: The purpose of fast service is to give the
customer a quick payoff.
- Take no chances. Today's customers demand
assurances. This is why extended test periods for equipment prove beneficial in attracting
new business. Bells and whistles no longer make the difference; it's wanting to make sure
there's no downside. In terms of service businesses, shorter-term arrangements and stepped
contracts give customers flexibility to move forward without being locked into
inappropriate agreements.
- Maintain a competitive advantage. Staying
even with the competition is tough enough, but being able to take the lead is what
customers want. Marketing and sales tactics should aim at demonstrating how a product or
service gives a customer a competitive advantage. This means product knowledge is valuable
but an in-depth understanding of the customer's business and industry is equally
essential.
- Simplify. Complex and complicated are out
and simplified is in. Equipment must make the job easier to handle. An example is the new
Pitney-Bowes mail handling equipment. All it requires is loading the paper and the data.
Press the button and out come completed mailings containing a fully personalized
laser-printed letter, folded, inserted with an additional marketing piece into an
addressed envelope with postage affixed. One step and it's done. This is an example of the
drive to eliminate intermediate steps by simplifying the process.
- Save time. Customers are not only looking
to get more work done faster, but they want to do it with less involvement on their part.
Having tasks more fully automated to the point where they demand less supervision means
that managers can handle more jobs, more efficiently. Show the customer how you can reduce
management time.
- Position yourself on the cutting edge. If
it isn't perceived by the customer as "advanced" or "cutting edge,"
it's almost impossible to sell. Assessing a prospect's "leading edge" comfort
level is essential. What may be rejected as last generation is viewed as the "next
step" for someone else. This is seen in PC sales where there is a growing realization
that appropriate configuration is the issue and not just speed potential. The tendency to
stress the latest model based on the assumption that this is what the customer wants can
be a mistake because it cause the customer to look elsewhere for a level of service or
technology with a better fit.
- Offer single-course responsibility.
Single-course responsibility is an important concept because it holds the promise of
minimizing complications. Customers look for alliances offering a configuration of
services featuring simplified access. One secured lender promotes the fact that its
borrowers have one loan officer who serves as their representative for a host of services
ranging from cash management to international operations. There's no bouncing from one
person to another, repeating information each time.
- Reduce costs. Salespeople often report that
they failed to get an order because "The customer didn't want to spend the
money" or "Someone else's price was lower than ours." These simplistic
responses mask the issue of reducing costs. The prudent customer is interested in doing a
better job and saving money at the same time. But it should never stop being pointed out
that these are not synonymous with "lowest price." Reducing costs today is a
configuration involving saving time, maintaining a cutting-edge position, eliminating
mistakes, gaining a competitive advantage and simplifying processes. The task of the
salesperson is to help customers gain an accurate understanding of cost.
These nine issues demonstrate the laser-like focus of the
customer's mind. Their time and energy are directed to what needs to be accomplished at
the moment. It's more difficult to market and sell in an environment that is so highly
charged and intense. Yet, if the customer's narrowly defined mind-set is properly
understood, it becomes an opportunity to gain a critical advantage over the competition.
John R. Graham is president of Graham Communications, a
marketing and sales firm in Quincy, Massachusetts.
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