When Negotiating, Remember that Customers Want a Choice

If there is only one option, most customers are reluctant to buy.

If all they see is Product A, they are not convinced that A is best. They want to contrast and compare. They wonder what B and C might offer them. In fact, studies show that almost 9 out of 10 potential buyers walk away if there is no choice. Alternatively, if potential buyers are presented with A and B, two-thirds of them will make a purchase.

This is a principle that may well apply in sales negotiation training. Options can bring customers closer to a deal. You don’t want to complicate the contract with too many choices. But try to find a couple of alternatives that are acceptable to you. Give your client the choice. They are much more likely to make a final decision.

This is a very simple technique that makes both you and your client winners.

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