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  • Actual for You - Is Your Sales Trust Factor High Enough to Win Against the Competition?

    Time Management Strategies for Modern Life Syndrome
    Pay attention…focus…concentrate…prioritize…Easy to say but hard to do when so much is vying for your attention. What makes it so hard to master these basic concepts?Have you ever stopped to consider how much is fighting for your attention? Just picture for a moment:Opening a website page --pop-up dialogs springing into view --boxes of ads and comments lining the sides of the pages --multiple colors screaming out at youDriving down the freeway --
    e a difficult time making a purchase decision because they are not able to identify one product or service that is clearly superior to the others.

    It’s critical, then, that sellers focus on trust-building activities with prospects and customers and avoid trust-breaking activities. You must take it upon yourself to create a separation point in the mind of potential buyers between yourself and your selling competitors.

    The best way to create this separation point is to increase your trust factor with your buyer

    Here's a Good Sign
    The most important purpose of a sign is delivering a message. It takes a whole lot more than throwing a bunch of letters on a panel and hoping folks will see it. A completed sign is really a composition. Whether it’s any good or not depends on four critical factors: Balance, Rhythm, Oneness, and Harmony.For balance a good sign must be “pleasing” to the eye. It is the weight distribution that is considered first. It’s not necessarily done symmetrically; rather, a well-balanced sign composition is optically effective and has a stability of sorts in
    How high is your sales trust factor?

    Is it higher than the sales trust factor of your competition?

    It should be, if you want to increase your success in sales.

    Your trust factor represents the level of trust that buyers have in you as a seller. In the buy/sell relationship, perception is the reality under which sellers operate, and trust is based on the buyer’s perception of you.

    You may be the most honest, trustworthy person in your field, but if buyers don’t perceive you to be trustworthy because of your selling behaviors, it doesn’t matter how trustworthy you are in reality.

    Buyers Don’t Trust Sellers What is the greatest challenge, usually unspoken, that sellers face when working with buyers?

    Distrust.

    The simple truth is buyers don’t trust sellers. Unfortunately, because of the way a lot of people have sold in the past and still sell today, buyers have very good reasons not to trust sellers.

    We all like to think we’re trustworthy. In fact, a study has shown that we think others trust us at significantly higher levels than they really do. For example, you may think that buyer A rates you as eight out of ten on the trust factor scale. When asked by a third party, however, the same buyer may actually rate you as five out of ten, the same they rate most other salespeople. Again, the reality is that most people mistrust sellers — regardless of what they may tell you.

    Trust – YOUR Competitive Advantage To win more business, especially in today’s competitive environment, it’s imperative that you create a separation point between you and your competitors based on trust. Notice I said YOU. For most products and services today, there is relatively little functional difference for the buyer among the available choices, even though companies continue to spend billions of dollars in advertising each year to attempt to create separation points in the minds of buyers.

    Today’s buyers are so busy and exposed to so much information that often they either ignore or do not recognize these efforts. Buyers have a difficult time making a purchase decision because they are not able to identify one product or service that is clearly superior to the others.

    It’s critical, then, that sellers focus on trust-building activities with prospects and customers and avoid trust-breaking activities. You must take it upon yourself to create a separation point in the mind of potential buyers between yourself and your selling competitors.

    The best way to create this separation point is to increase your trust factor with your buyers

    Electronic Display Boards
    Electronic display boards signify high priority messaging, allowing you to communicate critical, and time-sensitive information.Electronic display boards are present at many fast food restaurants today, aiding, and restaurants to increase sales, publicity and improve their service to you. As a customer, Electronic display boards allow you to check your order and provide you the peace of mind that you are getting what you pay for.At airports, electronic display boards assist airports in providing you a constant update on flight information.
    e of your selling behaviors, it doesn’t matter how trustworthy you are in reality.

    Buyers Don’t Trust Sellers What is the greatest challenge, usually unspoken, that sellers face when working with buyers?

    Distrust.

    The simple truth is buyers don’t trust sellers. Unfortunately, because of the way a lot of people have sold in the past and still sell today, buyers have very good reasons not to trust sellers.

    We all like to think we’re trustworthy. In fact, a study has shown that we think others trust us at significantly higher levels than they really do. For example, you may think that buyer A rates you as eight out of ten on the trust factor scale. When asked by a third party, however, the same buyer may actually rate you as five out of ten, the same they rate most other salespeople. Again, the reality is that most people mistrust sellers — regardless of what they may tell you.

    Trust – YOUR Competitive Advantage To win more business, especially in today’s competitive environment, it’s imperative that you create a separation point between you and your competitors based on trust. Notice I said YOU. For most products and services today, there is relatively little functional difference for the buyer among the available choices, even though companies continue to spend billions of dollars in advertising each year to attempt to create separation points in the minds of buyers.

    Today’s buyers are so busy and exposed to so much information that often they either ignore or do not recognize these efforts. Buyers have a difficult time making a purchase decision because they are not able to identify one product or service that is clearly superior to the others.

    It’s critical, then, that sellers focus on trust-building activities with prospects and customers and avoid trust-breaking activities. You must take it upon yourself to create a separation point in the mind of potential buyers between yourself and your selling competitors.

    The best way to create this separation point is to increase your trust factor with your buyer

    Due Diligence - It's Not Just a Business Phrase!
    I wonder if anyone will ever invent a cure for the reason that I am going bald? Over the past six months I have been involved in three separate assignments where the buyer performed negligible if any due diligence on a business that they purchased.It never ceases to amaze me how an individual can invest hundreds of thousands of dollars buying a business and not perform any due diligence! In a society that is plagued with mistrust, everyday throughout North America people invest their life savings and in most cases pledge all of their current and
    s trust us at significantly higher levels than they really do. For example, you may think that buyer A rates you as eight out of ten on the trust factor scale. When asked by a third party, however, the same buyer may actually rate you as five out of ten, the same they rate most other salespeople. Again, the reality is that most people mistrust sellers — regardless of what they may tell you.

    Trust – YOUR Competitive Advantage To win more business, especially in today’s competitive environment, it’s imperative that you create a separation point between you and your competitors based on trust. Notice I said YOU. For most products and services today, there is relatively little functional difference for the buyer among the available choices, even though companies continue to spend billions of dollars in advertising each year to attempt to create separation points in the minds of buyers.

    Today’s buyers are so busy and exposed to so much information that often they either ignore or do not recognize these efforts. Buyers have a difficult time making a purchase decision because they are not able to identify one product or service that is clearly superior to the others.

    It’s critical, then, that sellers focus on trust-building activities with prospects and customers and avoid trust-breaking activities. You must take it upon yourself to create a separation point in the mind of potential buyers between yourself and your selling competitors.

    The best way to create this separation point is to increase your trust factor with your buyer

    Methods of Generating New Ideas for Entrepreneurs
    Summary: Even with a wide variety of sources available, coming up with an idea as the basis for a new venture can still be a difficult problem. The entrepreneur can use several methods to help generate and test new ideas including focus groups, brainstorming and problem inventory analysis.The following are some of the key methods to help generate end test new ideas:1. Focus Groups – these are the groups of individuals providing information in a structural format. A moderator leads a group of people through an open, in-depth discussion rath
    e that you create a separation point between you and your competitors based on trust. Notice I said YOU. For most products and services today, there is relatively little functional difference for the buyer among the available choices, even though companies continue to spend billions of dollars in advertising each year to attempt to create separation points in the minds of buyers.

    Today’s buyers are so busy and exposed to so much information that often they either ignore or do not recognize these efforts. Buyers have a difficult time making a purchase decision because they are not able to identify one product or service that is clearly superior to the others.

    It’s critical, then, that sellers focus on trust-building activities with prospects and customers and avoid trust-breaking activities. You must take it upon yourself to create a separation point in the mind of potential buyers between yourself and your selling competitors.

    The best way to create this separation point is to increase your trust factor with your buyer

    Career as a Franchise District Manager
    Franchising is a good industry to work in within Corporate America and these companies always need really great and professional people to help them. A career in franchising can be extremely rewarding indeed and there will never be a time when folks are not needed in that industry.Franchising companies have their biggest expansion during times of economic downturn and therefore layoffs in such times are rare. And even if so there will be another job waiting and this makes a Career as a Franchise District Manager a smart choice.Before you c
    e a difficult time making a purchase decision because they are not able to identify one product or service that is clearly superior to the others.

    It’s critical, then, that sellers focus on trust-building activities with prospects and customers and avoid trust-breaking activities. You must take it upon yourself to create a separation point in the mind of potential buyers between yourself and your selling competitors.

    The best way to create this separation point is to increase your trust factor with your buyers.

    You Need a Plan Given the perception of buyers, trust-building is not likely to occur simply as a result of your sales process.

    If you attend the same training courses as other sellers in your industry, read the same books, say the same things, and use the same sales tools and techniques, chances are you’re not going to create much of a separation with buyers based on trust.

    Despite the fact that level of trust is the number one decision factor in many purchases, it is rarely addressed. If you were to take a look at the indexes of the ten most popular sales books, how many do you think would include the word “trust” in the index? Try it. If the books you read are like the books on my bookshelf, only one or two will even have the word listed in the index. The others probably have only a few paragraphs discussing the topic of trust.

    So what IS your approach to overcome distrust, one of the most significant obstacles in the buy/sell relationship? Do you have a specific, well-thought out plan designed to overcome this obstacle and to build greater levels of trust with your prospects?

    You must create an action plan and constantly focus on executing the plan in order to build trust. And once you’re able to increase your trust factor with buyers, you will also see an increase in your sales.

    Summary — Three Key Points to Remember:

    • Regardless of what you believe about your own level of trustworthiness, your trust factor with buyers is low.
    • To increase sales, individual sellers must create their own separation point from competitors rather than rely on their product, service, or company to create the separation point.
    • Sellers can create a separation point by building a greater level of trust with buyers versus their competitors.

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