How to Tear Down Customer Resistance
How many people who walk into your business, or who take an interest in your products and services, end up going ahead with a purchase? In sales, this is called a closing rate.
To manage something, you first have to measure it. That way you know where it’s at, so you know what you need to do to improve it.
So here’s a simple question you need to have an answer to – if 10 prospects are interested in doing business with you, on average how many out of those 10 end up doing business with you?
The percentage itself isn’t important. In stores with a lot of traffic, you can do 1 out of 10 and be fine. I have a website where I do 1 out of 100, and it’s good enough for me to make a great return on investment, because it takes hardly any time or effort. In some businesses, you need 5 out of 10 just to have a chance of making a profit.
What is important is knowing how to improve your percentages to a more “acceptable” range. So if you get 5 out of 10, do the math and see how much more you’d make if you got 6 out of 10. Since they’re already coming in the door, most of the work is done. You’re just looking for those “little things” to get more customers.
There are a lot of different ways to improve your closing rate, and some are more complicated than others. I always look for the “80/20” factor in any given task. In other words I’m looking for that one or two key things that will make most of the difference between someone purchasing from you or not. Here’s some insight to help you discover that “vital one fact” that gives you a majority of your results.
Do you know what three things are required before a prospect becomes a customer? Knowing this will give you the answer you need. Here are the three things needs:
First, they have to want what you offer.
Second, they have to have money to purchase it.
Third, they have to believe that you’ll actually come through on your end of the deal.
The more inclined they are to already want what you have, the easier it is to sell to them. The more money they have set aside for making consumer purchases, the easier it to the sell to them. The more they believe that you actually will deliver on your offer, the easier it is to sell to them.
I have before me a phone book with yellow page ads. I’m going to flip through it and quote some phrases. Here’s one:
“Dependable & Quality Service”
Here’s my thoughts – Oh yeah!? Says who?
“Value, Service & Convenience”
Here’s my thoughts – PROVE IT!
“Friendly service”
Here’s my thoughts – yeah, right!
In other words, these are hollow phrases of puffery that everybody uses. It’s so easy to say those things, and so saying those things mean very little. I’ve actually called a business whose yellow page ad said “friendly service” only to be treated rudely by the receptionist who answered the phone. Guess someone forgot to tell her!
So how do you go beyond mere puffery and actually prove your case that you’re friendlier, more valuable, offer better service and are more dependable than every other option they have available?
Well, I’ll share with you one simple way to do this, that will drastically differentiate you from every competitor, both direct and indirect. As a bonus, it’s also very simple to do, is extremely cost effective and when complied, can be used in a variety of different outlets and mediums. What I’m talking about is customer testimonials.
The Selling Power of Testimonials
If you want to increase your closing rates without resorting to any fancy tricks or learning a bunch of new skills, just start being an avid collector of testimonials.
I don’t care what anyone else says, they work.
Consider this – what if I told you I was the greatest marketing consultant of all time? Would you really believe me? What if your friend called you up and told you I was the greatest marketing consultant? Then you might believe it.
But what if your lawyer, your doctor, your mother, your children’s principal, the head of your trade association and the guy you buy bell peppers from at the local farmer’s market told you I was the greatest marketing consultant of all time?
I bet you’d be really interested in sitting down and having a talk with me, wouldn’t you? You’d probably think a great deal more of me than me just calling you up and bragging about my skills.
This is such a simple principle, it makes me wonder – why don’t all businesses use testimonials? I don’t know why. I think it should be a requirement of doing business personally. That is because, when it comes to raising your closing rates, it makes all the difference.
Now let me show you when, where and how to get these killer testimonials that will increase the believability of your offers.
How to Become an Avid Testimonial Collector
If you go looking for opportunities to get testimonials, you’ll find it’s easy to begin collecting them.
The best opportunity is when your customer is in heat. What I mean by this is that you’ve just did something that has “wowed” them. They might come in to pay their bill and say “I can’t believe what a wonderful service you did. It’s better than the last five people I’ve went to!”
They are in heat! You say: “Thanks! Would it be okay if I shared your story with others who might be interested in our services as well? It really helps us better serve our clients!”
Or, you can say: “Thanks. Would it be okay if I wrote down what you just said and shared it with others? It would mean a lot to me!” Then just write down really quickly what was said, and have them approve it.
Or you can simply say: “Thanks. Did you know that one of the best ways we get good clients just like you is sharing the success stories of our past clients? Would it be okay if we quote you in some of our marketing and sales communication?”
Don’t make it harder than it has to be. The main process is – get them when they’re in the good mood. Ask if you can have their permission to quote them and share their story. Then get their commitment. That’s it.
Also, it’s smart if you ask them if you can share their name with others as well, just to be on the safe side.
If you do nothing else, just collect testimonials from customers who are in heat and have just expressed how appreciative they are of you and your services.
Another good time is when you “save the day”. Did you do something for a customer that was out of the ordinary? Maybe you made a house call at 8:30 at night to fix an emergency, free of charge. Or perhaps they wanted something that was supposedly discontinued, but you went the extra mile and tracked down what they were looking for.
Anytime you save the day, just ask them for a testimonial. In fact, I intentionally look for opportunities to save the day, because it serves in my self interest. If I go the extra mile, then I know they’ll give me one heck of a testimonial!
Once you get good at the first two, consider sending out a customer survey once in a while. Have them answer a few key questions. Then, retype those answers up in a letter form, and ask them to sign off on it as a testimonial that you can share with others.
There are more aggressive ways to get testimonials, and I would encourage you to be aggressive about getting them, especially after you’ve gotten the knack for getting the low hanging fruit. Once you get used to asking your “in heat customers” and those who you’ve “saved the day for”, experiment with actively seeking out testimonials to further prove your case.
FYI, my team can set up systems for you that automatically collect testimonials. Click here.
How to Use Testimonials for Maximum Effect
I’m going to give you some examples that you can literally knock off and use in your own business, and also that you can use to brainstorm your own ideas from.
Let’s return to the yellow book example. Instead of the typical puffery, your ad might include something that says:
“Look, any business can say that they care about the customer and that they are dependable and have high quality service. Instead of us touting our own horn, maybe you’d rather hear it from some of our customers themselves. Just call our ‘satisfied customer hot line’ to hear a pre-recorded message of what our customers think about our services…”
You know how much a voice mail account costs? Something like $4 a month. For $4 a month, you can have a recording of your best customers. How do you get these recording?
Well, think a bit. Perhaps you have your sales reps call your customers a few days after the sale. Explain to the customer that for quality issues, would it be okay if you recorded the call? This can be done inexpensively with a digital phone recorder that costs less than $50, or through an online service for like $10 a month.
Then, ask them what their thoughts were on the service or for the product. At the end, ask them if it would be okay if you shared their thoughts with others who might be interested in the products or services.
That’s just one way to get you testimonials recorded. There are others.
We can do it for you and set up all the technical details through www.FireballTeam.com
But now you have a tool – you have people talking about how good you are. You can put this pre-recorded message into all of your marketing communications! Your believability goes through the roof.
Here’s something else you might want to consider – gathering up a “testimonial book”.
Do you know ANY salesperson who has a testimonial book? Hmm… Wouldn’t that distinguish you from every other competitor out there? I think it would… and in a good way.
Let’s say you really went the extra mile and totally knock it out of the park for a customer. They were so happy they called you up and thanked you personally, and said they were so impressed with you and that you went above and beyond the call of duty.
Well how about this – you ask them if it would be okay to feature them as “case study” in your next advertisement. Then you could write an advertisement that looks like an article, where you simply tell the story of what you did for this customer. These type of advertisements are about a million times more effective than “BUY MY PRODUCT!” advertisements you currently see everywhere.
At the very least, you should include some testimonials in your advertising, just to enhance your claims.
One person I knew went as far as recording on video his customer testimonials. Then, when someone didn’t purchase the first time they came into his store, five days later they’d get the video in the mail that contained all these wonderful customer testimonials.
Needless to say, a lot of people came back and ended up purchasing who otherwise would not have.
The Anatomy of a Good Testimonial
Now, some people have tried testimonials and have told me that they don’t work. Well, it reminds me of my friend telling me five years ago that his DVD player didn’t work. I asked him — “Did you plug it in?”
Oops!
Testimonials are like anything else – if you do them half-assed then they probably won’t work. In order to do them right, you must know what a good testimonial looks like.
Here’s a bad testimonial:
“You did a good job!”
Here’s a killer testimonial:
“You responded to our call and were at our house in 7 minutes. The last guys took 2 hours. Not only that, you helped us save 13% off the cost. Thanks a bunch!” — Jason Happypants, Fire Fighter, Fresno, CA
The difference is obvious. Bad testimonials are bland and really don’t don’t say anything. Good testimonials are specific, and give you hard facts. I love it when someone says to me: “I read your book on Thursday, and by Saturday morning I did one thing I learned on page 8 that results in me making $15,867.13 in profit by the following Tuesday. You’re a genius!”.
That’s a far better testimonials than “your ideas helped me make more money”.
Not only is specificity needed, but it’s good to have a name, location and occupation. Otherwise people will think that maybe you’re just making up the testimonials yourself, even though that is illegal. (Which is why audio and video testimonials are the best)
Also, there are other things that can influence your testimonials. What’s better – five testimonials featured in your ads from white males aged 43 and over, or a mix of ages, races and both males and females?
Well, it depends. If your product targets white males that are 43 years old, then it’s a good idea. If it targets a wide variety of audiences, then you want testimonials from a wide variety of people.
Lastly, as humans we’re hardwired by nature to trust authority. That’s why testimonials from scientists, doctors, nurses, fire fighters, and other esteemed positions tend to have more pull than regular testimonials. Just think how much more credible a testimonial is from a rocket scientist than a janitor.
So set a plan – come up with the different ways you’re going to capture and use testimonials, and make sure everybody in your business starts to become a testimonial collector. It’s one of the easiest ways to increase your sales closing percentage.
Did you like this article? I’ll appreciate if you would send me a testimonial through this page.
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