Timing is Everything

2009 January 7
tags: ,
by Paul Harvey

I had a call yesterday from a software company, I am on their list as a premium customer as I purchased a lot of product a 18 months back. They had phoned at least 3 time and before they finally caught up with me. It has become a bit of a game now as I recognize the style of the pitch and I know what is coming next.

The sales guy is well versed on the product and was reading the specs out and I have to say I was a little tempted by the offer. This was 4 software packages that would have upgraded my image software, the DTP, Drawing & Cad plus new movie editing. 

Then cool sense reason and reality came in, the Christmas credit card bills will be here soon and did I really  need new software. I have it already all be it older versions and I do not use half the facilities on those.

The sales guy made lots of offers to swing the deal, 60 day trial, free software bundle to keep even a scheduled payment on the credit card.  When I said no he was surprised, ” O come on make my day you know you want it”. I did feel for him he could feel his commission slipping away. 

“So what is the problem is it too expensive” he said

“No the price is fine I just do not need it at this time.” I replied.

What he did not get and I think many companies miss is that you have to have the right product in front of the right person at the right time. When I need the new media software I will buy it and the price will not be the main deciding factor.   

Timing can be the most important aspect of any sale.

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2009 January 18

Thanks for this reminder Paul. It ties in well with my thinking that the decision to buy has to be taken before the sale is made. If the customer hasn't decided, there is no sale, it is as simple as that.
So then, how do we know if the time is right? By taking the long-term view, keeping the conversation going, being there when the decision will be made. Maintaining contacts who welcome you doing so has to be the key.

2009 January 19

You are spot on Katherine, by maintaining a consistent relationship with the prospects a level of trust builds up to overcome purchase resistance. They get to feel that they are in relationship with you and value your judgement or opinion.

Purchase timing is dependent on many factors and the type of market, I have heard it described as range of thoughts for example. “I need” can be a low grade desire, “I want” has more intention and “I have got to have it.” has no boundary.

It is also related to the sad fact the two thirds of people are motivated by pain over gain.

All the best to you

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