Is Your Intake Process Killing Your Sales Momentum?
Ari Galper
The World's #1 Authority On Trust-Based Selling | Author of "The Trust Economy", coming soon
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Many experts whom I speak with, say they get this idea.?
But when we look at their average monthly conversion rate of prospects to paid clients, the numbers say otherwise.?
The truth is that most prospects who go through the expert’s intake process do not commit to a paid client relationship.?
They show a high level of interest initially and it seems easy to build rapport with them.?
But somewhere along the way they lose interest and disengage with the process, and you never hear back from them again.?
This is a huge source of frustration, because the intake process demands a lot from you and it’s free for them, yet they don’t respond to it like you expect.?
You’d think that providing all that upfront value for free (discovery meeting, detailed analysis of their process’s a and so many other things) would give them the reassurance they need to want to move forward.??
But that assumes the free value somehow removes the barriers to the sale.?
It doesn’t.?
What you’re actually doing by providing free value is removing the ability for your prospect to buy into your process – and they need to buy into your process before they can buy into you.?
Think of how a private school operates a reservation system for new enrollments.??
You must pay a non-refundable reservation fee and go on their waiting list before you’re given a spot.?
As a result, everyone who enrolls is serious about their intention and ability to attend that school.?
Or consider how attorneys require upfront payment, before they’ll go on record and give you legal advice.?
Why do they do this??
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Because their time is valuable, their advice has consequences, and they need to ensure their clients can compensate them for it.?
In their world, every prospect who ends up “wanting to think about it”, costs them a potential paid client they could’ve got.?
The same is true for many others in different areas.?
Here are the four fatal weaknesses of the typical sales intake process:?
There are too many points where the competing priorities of everyday life can kill momentum and break the process completely?
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Because it’s free the prospect knows they can exit any time. They never buy into the process and so have little motivation to follow through with it??
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They don’t want to do work (especially not paperwork), they just want someone to solve their problem?
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People only value advice and information that they pay for. If it’s not valuable to you to be able to give it away for free, then it’s not valuable to them?
My suggestion is to shift your mindset away from value-based selling, it’s become commoditized, everyone’s doing it.?
It’s the wrong approach for the type of selling that other experts need to master, which is called the “expert consultant sale”.?
Your prospects need to buy into your process (pay you for it), by the end of your the very first meeting, based on your ability to build trust with them.?
Ari Galper is the number one authority on trust-based selling and has created Unlock The Game?, a new sales mindset that overturns the notion of selling as we know it today.? Thousands of Business Owners worldwide have been transformed by his trust-based sales approach. Get access to his Free Masterclass at www.UnlockTheGame.com/Video, order his new book "Unlock The Sales Game" at https://unlockthegame.com/aribookordernow/ or subscribe to his podcast "Stump The Guru" or to be a guest on his live show, visit www.UnlockTheGame.com/Podcast?
Principal Consultant at Articulate Consultants Inc.
1 年Better to act like the prettiest girl at the dance: No need for a new dance partner; maybe open to it anyway.
Marketing Systems Consultant | Guiding Solopreneurs to Location Independence Through Expert Lead Generation & Marketing Systems for Location-Independent Revenue Streams
1 年Value-based selling has always been a mystery to me, Ari, because the line "you must provide value" is so meaningless. Value is entirely subjective. How is anyone to know what will be valuable for someone else when you approach with whatever you believe ought to be valuable because it is to you in the giving? The “expert consultant sale” is possibly less of a challenge but seems more prone to risk, because of the need to persuade a prospect to pay for the process that will get the solution delivered. Certainly, without first building trust that persuasion will be weak.
The World's #1 Authority On Trust-Based Selling | Author of "The Trust Economy", coming soon
1 年Here is the link: https://www.dhirubhai.net/pulse/your-intake-process-killing-sales-momentum-ari-galper%3FtrackingId=niJAx4AU%252BSY8DHE2zWWNSw%253D%253D/?trackingId=niJAx4AU%2BSY8DHE2zWWNSw%3D%3D