Giving Buyers Permission to Buy
What does it mean to giver buyers permission to buy? Dictionary.com defines permission as “authorization granted to do something; formal consent.”
As a salesperson, you might not think you need to give buyers permission to buy. They are free to do what they want: buy or not buy, buy from you or buy from your competitor. Where does the concept of permission come in?
It’s not actually permission from you. It’s you as the salesperson helping the buyer to give themselves permission to make the purchase.
Buyers are often more sophisticated than sellers give them credit for. They are also more risk adverse and they will second guess their decisions. Simply stated, buyers are not going to buy until they are comfortable that they have all the information they need to make a good decision.
You as the salesperson can help them get to that point. Here are five ways you can help the buyer give themselves permission to buy from you by ensuring they believe they have all the information they need:
- Understand their needs. As you get to know the buyer, ask targeted questions that will help you really understand their needs and the problem they are trying to solve. Use active listening skills and repeat back to the buyer what you think they are saying so they know they are heard.
- Build trust. Buyers won’t buy from a salesperson they don’t trust. If a buyer senses the seller is genuinely interested in helping them address a need, he or she is much more receptive to sharing information when asked questions, as well as more likely to trust the salesperson. When a seller appears to be pressuring the buyer to make a decision, the buyer becomes wary of the seller’s intentions and may defer the decision or say no.
- Help buyer discover the solution themselves. By building trust and asking the right questions, you will be able to paint an accurate picture of how the buyer will use your product to solve their problem. They need to get to the “aha” moment when they can actually picture who will use the product and how.
- Establish value to overcome barriers. Buyers will have barriers based on value. They will do research online on their own to overcome enough of these barriers to be willing to engage in a conversation with a seller—and this conversation is critical. According to an article at com, “Forrester research indicates that the conversation with sales reps is still a strong source of buyer influence.” Once in the conversation, the seller must understand what the buyer perceives as value of the product and build more value on that basis to overcome additional barriers.
- The cost of NOT doing business today. There was a time when sellers were encouraged to close early and often. In today’s tight market place, this approach no longer works. Buyers are increasingly risk adverse and decision making has expanded to include a larger group of people. When a salesperson can help the buyer calculate how much waiting will cost them in a week’s time, a month’s time or a year’s time, that dollar value will help underscore the need to close quickly.
As a seller, you’re not the one granting permission to the buyer to buy. But you can help the buyer to give themselves this permission with these five tips.