I had a sales call recently with a prospect, and their response after I disclosed the price was quite unexpected: "I didn't realize it was going to be that low!" Now, for those who know my sales style, they understand that I primarily deal with high-ticket items, typically starting at £2,500 or more.
Why did this prospect react this way? Let me provide some deeper insights into my approach:
At the outset of our conversation, I made it clear that our range of products and services encompassed options that spanned from £20,000 and below.
In addition to this, I shared my candid perspective with the prospect, stating, "Personally speaking, I don't think you'd need them right away. If you want them, that's great, but honestly, I don't think you would need them immediately."
This initial exchange served several strategic purposes. First and foremost, it subtly planted the idea in the prospect's mind to expect higher price points, particularly with the £20,000 upper limit mentioned.
It also conveyed a genuine concern for their unique needs, emphasizing that my aim wasn't just a quick sale but rather a tailored solution to their problems. This approach helped establish a foundation of trust.
As the conversation unfolded, I carefully presented our offerings and gradually disclosed the final price.
The pivotal moment was revealing that the actual cost was merely a fraction of the price associated with our top-tier package. And if even that figure seemed high to the prospect, I introduced payment plans, which effectively broke down the cost into much smaller, easily manageable amounts.
By this stage in the discussion, I had masterfully built up the perceived value of our product or service. Despite initially contemplating a high-ticket purchase, the prospect's perception of the cost had been significantly lowered.
This strategic move effectively eradicated the initial sticker shock, allowing the perceived value to overshadow the price itself, ultimately rendering our offer an undeniable 'no brainer.'
I wholeheartedly encourage you to employ this approach in your forthcoming sales pitches and share your experiences with me.
This method combines psychological principles, empathy, value-building strategies, and innovative pricing techniques to craft a compelling proposition that deeply resonates with potential clients.
Best of luck, and don't hesitate to reach out if you have any questions or need further guidance!
P.S. if you sell anything under the price of £3,000 and want to make your offer look more attractive…
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Your brother,
Santino Santoro
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