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Whether your first contact with a customer is when he or she comes into your dealership, or it’s through a telephone call or an e-mail inquiry, there is one thing you can be sure of—this customer has wants and needs that must be met by the vehicle you sell them. If your customers fail to see how the vehicle(s) you show them meets their wants and needs, they will go elsewhere and continue shopping until the right vehicle (or salesperson) is found. The great thing about this is that customers will tell you what their wants and needs are if you know how to correctly ask them. “Oh, sure!” you say, “In all my time in this business, no one has EVER walked up to me and just blurted out a list of wants and needs!” And, of course, you’d be right. The secret is to ask the right questions—and appropriate follow-ups—to get the information you need. Then you will know exactly which vehicle and trim level to show each customer. Almost all customers’ “wants and needs” (as well as what features are important to them) can be categorized into one of five “Buyer Motivations”. Each customer will have a buying motivation in mind (most will have more than one and may use other wordings). The five common buyer motivations are: Comfort and Convenience Occupant Protection (or Safety) Value Engine Power and Technology Ride and Handling An easy way to remember these may be to use the acronym, COVER… as in: the multitudes of attributes and features (insert your manufacturer here) offers to its customers COVER their wants and needs. In the pages that follow, we will describe in detail a number of attributes and features that you can discuss with your customers. With each customer:
For example, when telling a customer interested in “Comfort and Convenience” about the micron air-filtration system that’s standard in many of today’s vehicles, you might use:
"Since you've told me that comfort while driving is a large part of your buying decision, Ms. Bentley, you'll be happy to hear that the ______ has a micron air-filtration system that filters dust, dirt, and pollen from the ventilation system. This means that the air inside the vehicle will be much cleaner and fresher than that in one of our competitors that is without a similar system." Please keep in mind that MOST Sales Consultants do very well with Features and Benefits. Unfortunately they often leave out the "Advantage" — a very important element. It takes practice to get it right and so that it flows with little effort. When you do this with all your customers, they will see the value (for them) in the vehicle you’re presenting and you will be more successful! If you present benefits that are not of interest to your customer, he or she will see no value in the feature, and will lose interest in your presentation. Now grab a co-worker, show him/her this article, and practice presenting Features/Advantages/Benefits together. Remember to critique with positive feedback and to include the "Advantage" each time.
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Ó 2001-2007 John D. Pearce |