How many times have you received a phone call or an email from a prospect who says something like, “All I’m looking for is a price. How much?”
We’ve all had calls like this and wow are they tempting.
We think the quick quote will result in the quick sale. Quit kidding yourself!
Rarely is that the case. The person asking for the quick quote is the lion in sheep’s clothing. Potential for a quick sale is very low! Why? Your price, unless you are truly selling on price alone, is simply not going to be low enough for them.
Even if you were to make the sale based on having the best price, do you think for a moment you’ll be able to keep them? Chances are you won’t.
The customer you get on price will leave you on price, and all along the way, they will hassle you about everything. A line I like to use is, “The low-price customer is the high-maintenance customer.”
Be honest with yourself.
What is your bottom-line going to look like if you have to discount severely to get a customer, and then you have to provide all kinds of additional support to keep them happy?
When asked for a quick quote, your response should be, “I would be happy to, but there are so many different options and the last thing I want to is provide you with is incorrect information. Can you tell me a little bit about why you need ______ (fill in the item they’re looking to buy.)”
Your objective is two-fold. First, get them feeling you’re doing them a favor by helping them, and second, uncover their real need.
Your policy must be to never give a price without first understanding the customer’s real needs and desired outcomes.
Copyright 2014, Mark Hunter “The Sales Hunter.” Sales Motivation Blog. Mark Hunter is the author of High-Profit Selling: Win the Sale Without Compromising on Price.