One
of the things we like to explore with clients is an area of their business that
rarely gets much attention—but IS ALWAYS CLOSELY SCRUTINISED BY CUSTOMERS — and
that’s the buying process. In other words… how can you make it EASIER for
customers to buy from you?
In
their excellent book “WAYMISH: Why Are You Making It So Hard For Me To Give You
My Money?” authors Ray Considine and Ted Cohn identify several areas where
businesses actually make it more difficult than easy to deal with them. And
like virtually everything else we recommend to clients and other business
owners, it’s very easy to put this right.
Now,
before we look more closely at this, I strongly advise you to walk through your
own buying process.
Doing
this will immediately identify ‘sticking points’ in your sales process that
you’ve so far probably taken for granted.
So
here are the four main elements of WAYMISH that you need to focus on to make
doing business as easy as possible for your customers…
W.A.Y.M.I.S.H.
#1: Making Customers Wait
Having
to wait for service is one of the biggest complaints in any business. It sends
a message to customers that their time doesn’t count... and neither do they.
Don’t
just think in terms of making people wait for meetings and appointments – this
covers a multitude of areas…
- Answering the phone
- Answering the office door
- People in waiting areas
- Delivery of product
- Meetings/appointments/estimates/consultations, etc.
- Management of queues
- Parking spaces available
- Engaged tones when ringing into the office
All these things
irritate people, so getting them right will give you a significant edge over
your competition. A good example of this is the leading supermarkets, who put
on extra cashiers if more than two people are waiting in a queue!
W.A.Y.M.I.S.H.
#2: Accessibility
How
accessible is the business? That doesn’t necessarily mean your location. Here
are the things you need to consider…
· Opening times: It still
amazes me that many legal firms close for lunch – stupid. Make it easy for your
customers.
Ask them when they would
prefer the business to open. Change opening and closing times.
Having opening and
closing times to suit customers rather than staff is what you must strive to
achieve.
Clearly you don’t want
to pander to your customers, but maybe staying open late one evening a week
will be a massive hit with existing and new customers?
· Days Of
Business:
How many days a week is your business open? Even open on Sunday if you have to.
Again, the business needs to be open on days your customers are most likely to
visit. By the same token, there’s no point in opening on days that customers
don’t buy.
· 24/7: Having a
website makes the business open 24/7.
· Easy Access
To Products/Services: The good retail stores understand this
completely. They know that product placement can make huge differences to the
sales of certain items.
For example,
manufacturers will pay a premium to the top supermarkets for their products to
be placed at waist/eye level on certain aisles, because they know product
placement can mean the difference between making some sales and making large
volumes of sales.
W.A.Y.M.I.S.H.
#3: Payment Options
Have
as many payment options as possible available to customers.
You
really are restricting sales if the business only offers one or two payment
options.
Allow
customers to pay by cash, cheque, credit cards, bank transfer, online payments,
etc.
Then also look closely
at structuring payments so customers can spread their payments. In
the current economic climate, if
you can restructure payment terms so customers pay in instalments, this can
have an immediate effect on your
business and, of course, your cash flow.
The
point is this—what can you do to make it easier?
Remember,
it doesn’t matter what business you’re in—you can use these tactics. It also
lends itself to monthly billing. For example, a restaurant can create a
‘Members Club’ whereby customers pay a monthly membership fee that entitles
them to dine twice a month. And so on.
I
urge you to look carefully at how you can incorporate this into your business.
The easier you make it for your customers to buy from you – the more sales
you’ll generate!
W.A.Y.M.I.S.H.
#4: Making It Difficult To Contact The Business
Since
the advent of the internet, this has risen to almost epidemic proportions.
How
often do you find a product or service online and, before buying, you want to
ask a few questions? Then, to your frustration and later disgust, you can’t
find any way to get in contact with the supplier. It’s like they’ve hidden
their phone number and they don’t want you to contact them.
This
is a prime example of losing huge volumes of sales by not making it easy for
people to get in contact with the business. Showcase your phone number and
e-mail address on all your marketing pieces.
Don’t
make it hard.
Make
it unbelievably easy for people to reach the business.
Furthermore,
I advise you to scrutinise your signage.
I
visit a lot of businesses, especially our clients’ offices, retail outlets and
restaurants.
I’ve
often noticed, especially when visiting for the first time, how either
insufficient signage or none at all makes it frustratingly hard to find them.
You
must NEVER take this for granted. Having
clear signage not only makes it easy for people to find you, but also showcases
and promotes your business. It’s the cheapest form of advertising and you
should make maximum use of it.
I
like to term all these elements as your ‘slippery slope’. Once someone
is interested in your business and, figuratively speaking, they step onto your
slope, you make it so slippery, so easy for them to travel down it, that they
can’t get off – until they buy, that is! That’s what W.A.Y.M.I.S.H. is all
about.
Now it’s your
turn. Look at your own business and apply W.A.Y.M.I.S.H. to it. Do that and
you’ll increase your sales significantly (without spending a penny)!
To learn more about building your business better, Arrange Your FREE No-Obligation Meeting Phone us on 020 89310165
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