MYM On-Demand Business Builder's eBook
"The 22 Omnipotent Marketing Insights"

   www.MYMOnDemand.com
 

OMNIPOTENT
MARKETING INSIGHT #5:

The Myth Of Relationship Selling...
Revealed At Last

 "The second you quit being the ‘Best Deal’ for your customer,

he’ll drop you like a hot potato!"


(regardless of how many lunches you’ve bought him or birthdays you’ve remembered).

Every business says the same thing about their sales force. They say that their industry is different from all the others.  The only effective way for their salespeople to sell is to develop buddy-buddy relationships with prospects and customers. This is the same story from printers, bankers, jewelers, accountants, industrial equipment manufacturers, office equipment distributors...and every other industry that sells “stuff”.

The argument usually goes something like this: “You see, in our industry, people put a lot of thought into this type of decision. They just don’t go out and buy from whoever has the prettiest advertisements. As a matter of fact, we still have many of the same customers from when my grandfather owned the business. Now their grandsons buy from us. You just can’t change these things overnight.”

Relationship Selling Is A Myth. Like all myths, there are some elements of truth to it. Yes, it’s true that your customers should like you. Yes, it’s true that you can’t necessarily influence big buying decisions overnight. But get one thing perfectly clear - your customers buy from you for one reason: they believe you have “the best deal.”

Now, their definition of what’s the best deal may be different from the next person’s. But generally, it has a lot to do with a combination of things like convenience, quality, consistency, service, and price. Usually, about 80% of a given target market will have the same needs, the same problems that they want solved, and the same attitudes about buying. If you can solve their problems in a cost-effective way, then getting their business is just a matter of staying in front of their face long enough to let them know you have the answers they need.

Don’t Manage Cherries.  Manage Trees!

The cherry tree is a useful sales analogy. Like fruit on a tree, prospects must be cultivated in a certain way if they are to ripen into sales. Unfortunately, most salespeople spend 80% of their time managing leads and trying to build relationships...individually managing each cherry on the tree. If the prospect doesn’t happen to be ‘ripe’ at the exact moment the sales rep makes the call, the prospect is overlooked. It goes rotten. At best, the prospect gets the annoying monthly phone call from the salesperson who invariably says, “Are you ready to move on those widgets yet?”

With the MYM System, you spend your prospecting efforts on the entire tree. You provide the tree with light, water, and nutrients - and it bears fruit. You provide your entire target market of prospects with information, education and knowledge until it becomes self-evident to them that you are the only logical choice when it comes to your products or services.

When the time to purchase is right, and the prospect figures out that you are the best deal, he doesn’t really care WHO you are. He only cares WHAT you have to offer him. When you finally sit down face-to-face, it will be to discuss details of the sale - not to ‘persuade’ him to do anything.  So nurture your prospects along the way with on-going, decision-facilitating educational information while they’re on “tomorrow buyer” status.  When they’re ready to buy, they’ll buy from you.
 
 

Learn Proven, Innovative Marketing Strategies  & Tactics To EXPLODE Your Revenue And Grow Your Business...
In Just 7 Days!

The MONOPOLIZE YOUR MARKETPLACE system is a step-by-step program for innovating and marketing your company.  We’ll show you how to first, BE better than the competition and second, DO marketing better than the competition so that you become the obvious choice to do business with. 

MYM On-Demand is the latest in eLearning technology featuring broadcast quality video, stereo quality sound, and fully-synchronized slides in a complete, interactive rich streaming multi-media presentation.  This is the first and ONLY online marketing resource of its kind.  It teaches you step-by-step how to enhance your marketing efforts through a proven method called the Monopolize Your Market System.  It shows you how to win more business and to make more money

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Copyright © 2005 MYM Marketing & MYMOn-Demand.com. All rights reserved. This publication is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional advice. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.

© COPYRIGHT 2005 ALL RIGHTS RESERVED WWW.MYMONDEMAND.COM

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