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The Product We Sell

Appeared in Lubricants World, April 1999

If someone asked you what you sell, what would you say?  Oil, chemicals, whatever product you sell, right?  We really sell something so much bigger than the products and services our customers pay us for.  In small dollar sales the customer is less conscious of value.  With larger sales, the product and the resulting relationship with the buyer are harder to separate...so you are selling yourself.

What makes up a relationship that adds value to your products? Our credibility, reliability, and anticipation of customer needs are the keys to a successful sales relationship.  Our credibility comes from every action a customer sees.  We have the opportunity of gaining or losing credibility with each promise we make to a customer. 

One promise we make is for delivery. Customers sometimes need us to accommodate their schedule.  If we tell them that their bulk delivery will arrive within a particular window of time, we are obligated to keep this promise.  You may need to do additional work to ensure the schedule is honored. It is time well spent.  Check with the person handling the order before the truck is scheduled.  Verify there are complete delivery instructions.  It takes far less energy to attend to details before a delivery than to reestablish credibility after a mishandled order.

Our integrity is the most unique and valuable product we can offer.  If you are in sales for the long haul (and why wouldn’t you be?), this is the product that ALL customers WANT to buy.  We all know examples of salespeople who over promise and under deliver.  It’s especially damaging when a salesman makes promises for other departments.  If your traffic department commits to product delivery in five days, you’re out of line promising three.  If you want to try for three days, do it after you’ve spoken with traffic and they’ve agreed. 

The ones who over promise and under deliver make it harder for us to do our jobs.  It’s sad when a salesperson fails to say “I don’t know” if that’s the case, rather than pull a fast one on the customer.  It’s perfectly acceptable to say “I don’t know.”  Then you follow up with “but, I will find out.”  When you do, you have enhanced your credibility.

Every customer values reliability.  Nothing is worse to a customer than dealing with the unexpected.  When you say you will find out, you earn more relationship value points.  It’s all right to tell your customer that you think a metalworking fluid can be successfully used at a faster speed.  Tell your customer when you will get back with him, but do it faster than you promised!  Know what’s important to each one of your customers.  Treat everything you say as a sacred promise to your customer.  Returning phone calls, sending information, following up on details are all part of the promises you are obligated to keep.

Needs are different for each type of account.  What is important to an end user might be different for a distributor. An end users concern could be that a product you recommend meets warranty requirements.  A distributor could be concerned that management is making changes in branding requirements that will make him vulnerable to competition.

Do you know what is important to your customers?  Have you asked them?  You should understand the critical issues for each type of your customers.   You must anticipate the needs of your customers and provide what they value.  When you know what is important to them, you can help them meet their business needs.  On time deliveries are especially critical for manufacturing facilities where downtime is expensive. However, a jobber might have more inventory on hand and can be more flexible.  If the jobber’s inventory is low, on time delivery becomes his critical issue very quickly!

If you believe your product is all you sell, then you’re making it harder for yourself to get business.  Your prospects can buy your product from many other suppliers.  With specs being tougher to meet, more and more products are becoming harder for customers to distinguish.  Understanding what you really sell will help you increase your sales while you create stronger business relationships.  So what are you selling?

The Product We Sell first appeared in Lubricants World magazine in the April 1999 issue.

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Maura Schreier-Fleming is President of Best@Selling (www. BestatSelling.com). She works with technical sales professionals and business professionals on skills and strategies so they can sell more and be more productive at work.  Her column 'Selling Strategies' appears in The Insurance Record          

(c) Copyright 2004 Maura Schreier-Fleming. All rights reserved.