Added on June 25, 2013
Ray Collis
Anchoring , Buyer Psychology , Buying Decisions , Choice Theory , Decision Variables , Framing The Decision , Nudge , Sales Proposal , Social Comparison
Your customer will weigh up the alternatives and select the the best price-value mix, right? Well, perhaps not always.
Research suggests that there is less rational-analytical dimension to the choice-making process. More importantly it shows how the seller can use this to sway the buyer’s decision.
Added on June 13, 2013
Ray Collis
selling on price , the business case , the economics of price , total cost of ownership , Using Numbers To Sell , Value Based Selling
When it comes to the customer’s costs, your price may only be the tip of the iceberg. That is important if you are selling a quality solution and want to avoid being hammered on price. By making your customer aware of The Iceberg Principle you can move the conversation off price and onto value.
Added on June 2, 2013
John O' Gorman
Business Case , Buying Decision , Sales Pitch , Sales Presentation , Sales Proposal , Sales Skills , Sales Techniques , Value Equation
Communicating your value to today’s hard-nosed buyers can be a real challenge. You know that your marketing literature won’t do it. You know that your sales pitches and proposals must. Price Versus Value Many buyers have an almost single-minded obsession with price. That makes moving the conversation off price and onto value the seller’s priority. But […]
Added on May 23, 2013
Ray Collis
Buyer Psychology , Buying Process , Nudge , Nurturing , risk , Short Term Benefits , Social Comparison , Solution Selling , Using Psychology To Sell
More information is simply not enough to get the buyer to across the line – we all know that. If it was then we would write longer proposals and provide more detailed product sheets. In this insight we will use the latest buyer psychology to examine how to nudge the buyer towards a decision.
Added on May 14, 2013
Ray Collis
Business Case , Buying Process , Buying Psychology , Buying Rationale , The Buying Decision
Buying decisions are generally more complex than they may at first appear. We look behind the buyer’s stated rationale for the decision and to uncover the psychology that is often hidden.
Added on May 10, 2013
Ray Collis
approvals processes , Buying Process , Emotional Buyers , getting the decision sanctioned , justify the decision
Sellers must make sure that the buyer is in a position to justify the decision. Otherwise the risk of a stalled deal increases greatly. This is particularly important when decisions are driven by instinct or emotion.
Added on May 3, 2013
Ray Collis
Buyer Psychology , Buying Decisions , Cognitive Research , decision bias , economic man , emotional decisions , rational decisions , science of choice
Today we have a better understanding of how people make decisions. That is thanks to a emerging science of human decision making. Influence and persuasion once an art is now a science.
Added on May 1, 2013
Ray Collis
‘What is the pressure on your buyer’s numbers?’ As a salesperson that is an important question for you to ask.
Added on May 1, 2013
Ray Collis
Procurement is under pressure to continually cut costs. However a high level of leakage makes delivering fully on promised savings a challenge. That presents the seller with a number of opportunities.
Added on May 1, 2013
Ray Collis
Busy Buyers , Cognitive Research , Complex Buying Decisions , Decision Research , Decision Simplification , Featured
Research into the science of decision making tells us that customers often simplify the basis on which buying decision are made. It is important for the seller to understand the buyer’s decision simplification strategy and to tailor their proposition accordingly.
Added on April 29, 2013
John O' Gorman
Buying Decisions , Buying Process , Cosy Supplier Relationships , Featured , Procurement , Relationship Selling
Relationships are an essential ingredient of successful selling. But will your relationship survive a change in the customers strategy, increasing budgetary pressures or the involvement of procurement? In this insight we examine the challenges to relationship selling and how they can be met.
Added on April 4, 2013
John O' Gorman
Aggregation , Buying Process , Consolidation , Cost Savings , Demand Management , Price Pressure , Procurement , Supplier Margins
Imagine if you could give the buyer a menu of ways to save money, other than cutting your margins. This insight shows you how.