Thursday, October 16, 2014

AMiable Solution #118: The Key to the Sale

People buy benefits, not features.  They invest in something when they know what the return is, when they know what’s in it for them.

Unfortunately, we sometimes get blinded by our own knowledge of the products or services our organizations offer.  We assume customers, members, donors, or prospects can “connect the dots” between information we provide them (the features) and their own needs or interests.  But that can be a mistake.

According to Laura Clampitt Douglas, CEO of MAX International Converters Inc. and president of Small Business Marketing Analysis, often what we think is a benefit is really just an extension of a feature or a more detailed description of the feature.  In her December 2000 article, “Marketing Features Vs. Benefits,” for Entrepreneur magazine, Clampitt Douglas suggests that marketers think of “benefits” in terms of “results.”  For example, Clampitt Douglas says, “When someone chooses a VCR with a self-setting clock, the assumption is that the benefit is convenience, but the actual results are that they don't have to read the instructions, watch a blinking 12:00, and, most important, feel stupid. Those results are the true benefits.”

So how do you see beyond the facts of your product to the “benefits” and “results”?  Start with each of your features and imagine them in a client setting.  How would your clients use each feature?  Why would they use them?  What would make them use those features again?  What’s in it for them?


That said, don’t eliminate identifying your product’s or service’s features.  Decisions often start with the factual “what’s in the box,” particularly when customers are comparing one product or one company against another.  But choices are made when marketers translate “what’s in the box” into “what’s in it for me?”  Argue your case for every key feature so your prospect has no choice but to say, “Ahh, yes!  That’s what I need.”

No comments:

Post a Comment