AbigBiz > Trade Study > ArticleTrade Study
You Are Selling Price or Value?
ABigBizApr14, 2020【Trade Study】 ℃ Leave a Reply
In a customer visit, Salesman A came to visit customer B who he had followed up with for a long time with his products. During the email communication, salesman A recommended his products to the customer for many times but B always rejected with the reason of price high and said he already had fixed suppliers for the same products. Seeing the target customer ahead, A didn't want to give up, there came this visit.
After reaching the showroom, A knew where the problem lied: product quality level. The customer showed A their products in the market. Though it was the similar product, it can be easily found that customer’s product was far more lower than that of A's product no matter in the aspect of material or details making. As long as both products were in comparision, different level can be easily found.
A knew that no matter how he re-calculated, they still can't reach customer's target price because there was material, there was cost. Therefore, after quoting the best price, A began to negotiated with customer from product value and brand development.
A said: " I believe that you can easily find that the raw material and making of our product is different from yours and this is why the price gap is so large between our products. But if compared with the same product with the same quality and level, our price must be the most competitive." Customer B said: "I know. I admire your product and I know your product quality is higher than ours, however, there is no complains of our product. With the similar product that can meet the market demand but large price gap, which one will you choose?"
"Receiving no complains doesn't mean the product suits your company. Customers choose your product because of your brand and they know your brand more after using your product and they know what quality and level they choose when they choose your product. As far as I know, you are the middle high class old brand in the local market which focus on quality. Therefore, I think you should position your product in a higher level for a better development of your brand, to let your customers know your brand represents high quality and you are the first choice for good product..." said sales A. Customer B didn't say any about the price but was lost in thought and said: "let me think..." at this time, A knew their cooperation got closer.
What do you learn from the above case? Price is the most common reason of customer's rejecting order. Quoting a little higher to leave bargaining space and giving the original price when customers bargain is our common "trick". But when customers don't satisfy this bottom price, this trick doesn't work. What we need to do is to know customer's purchasing level and change customer's idea on our product's price, from "very high" to "excellent quality and reasonable price" and bring good added value, but not just try to convince customer by only price or quality. Because before seeing the actual product, quality is merely a weak reason. Also from the case we can also find the importance of customer visit for pushing cooperation.
After reaching the showroom, A knew where the problem lied: product quality level. The customer showed A their products in the market. Though it was the similar product, it can be easily found that customer’s product was far more lower than that of A's product no matter in the aspect of material or details making. As long as both products were in comparision, different level can be easily found.
A knew that no matter how he re-calculated, they still can't reach customer's target price because there was material, there was cost. Therefore, after quoting the best price, A began to negotiated with customer from product value and brand development.
A said: " I believe that you can easily find that the raw material and making of our product is different from yours and this is why the price gap is so large between our products. But if compared with the same product with the same quality and level, our price must be the most competitive." Customer B said: "I know. I admire your product and I know your product quality is higher than ours, however, there is no complains of our product. With the similar product that can meet the market demand but large price gap, which one will you choose?"
"Receiving no complains doesn't mean the product suits your company. Customers choose your product because of your brand and they know your brand more after using your product and they know what quality and level they choose when they choose your product. As far as I know, you are the middle high class old brand in the local market which focus on quality. Therefore, I think you should position your product in a higher level for a better development of your brand, to let your customers know your brand represents high quality and you are the first choice for good product..." said sales A. Customer B didn't say any about the price but was lost in thought and said: "let me think..." at this time, A knew their cooperation got closer.
What do you learn from the above case? Price is the most common reason of customer's rejecting order. Quoting a little higher to leave bargaining space and giving the original price when customers bargain is our common "trick". But when customers don't satisfy this bottom price, this trick doesn't work. What we need to do is to know customer's purchasing level and change customer's idea on our product's price, from "very high" to "excellent quality and reasonable price" and bring good added value, but not just try to convince customer by only price or quality. Because before seeing the actual product, quality is merely a weak reason. Also from the case we can also find the importance of customer visit for pushing cooperation.
- END -
Finished browsing? You can ask me to comment and Leave a Reply!
Leave a Reply!
Other articles
- The bright future of trading
- How to Know Your Product?
- An award winning B2B vision 2015
- Ebola Virus Reduces Import of Bauxite
- Analysis of Australian Market
- Key points of being a successful salesman
- Foreigners Understand Jay Chou's Song?
- The Excruciating Oversea Locations
- 6 reasons why every time B2B and B2C
- How to select B2B industry site Management System
Related news
-
The strategy for the B2B website keywords SEO
About keyword strategy of the complexity and than a few areas and b2b e-commerce ... -
Notes of doing business with Indian
Notes of doing business with Indian According to customs statistics, our main pro... -
The bright future of trading
In 15th July, the Commerce Department held a pre-match press conference to announ... -
How to Improve your Export Ability
Export Ability Product is the keypoint of foreign trade . From the ancient to now...
Leave a Reply
- 全部评论(0)
说点什么吧
还没有评论,快来抢沙发吧!
Popular this month
Recommended
-
As for the foreign trader, we usually need to negotiate and communicate with the ...
-
Russian market has been a big chance for foreign trade salesmen because in recent...
-
Hello everyone! Today I would like to introduce some useful and daily apps in Ind...
-
As we all know, the hot products play an important part in the development of a s...
Tags
You love
- 10 Sentences That Will Make You Smile
- How to Maintain Your Old Customers?
- Tips for Final Fighting in 2016
- How to Write Claim Letters
- I Was Just the Tool
- What Are You Going to Ask
- Analysis Helps You Win Order!
- What's Wrong With Your Quotation?
- African nations may be the new Brics
- Unfathomable Foreign Trade