February 26, 2017
February 26, 2017
I train a lot of retail stores how to sell using a fairly detailed process. You can’t just wing it. If you're wondering how to get more out of your store, a movie analogy is a good way to understand the sales process.
Imagine walking into a movie theater to see The Wizard of Oz for the very first time, and you are 20 minutes late.
What is it about Kansas?
What’s a munchkin?
Who’s the sister who died?
Why are they going to OZ?
You could care less about Dorothy.
If you miss the inciting incident that occurs that hooks you into the story, you will not want to spend a couple hours with the characters.
Let’s take a look at a typical boy-meets-girl romantic comedy, what has to happen at each stage of the movie to reel the viewer in:
1-The first impression of the character has to be good. Can we relate to him or her?
2-An inciting incident must occur that changes your main character’s life. The inciting incident is not an active moment: the incident is usually something that HAPPENS TO your main character.What are they going to do now?
3-They meet another character from another world, background, or status that they don’t get along with. Will they get together?
4 - They bridge their two worlds and fall in love. Will this last?
5-But her dad hates the guy. He’s them and we’re us. What’s going to happen now?
6-A fork in the road shows up and the dad and guy stop seeing each other as enemies because they share something in common. Will this be enough to bring the guy and the girl together?
7-Your guy can’t find a way to do both. All is lost. Which will he choose?
In the end, our guy chooses the right path, gets the girl, the dad’s approval, and embarks on a new chapter of his life.
Your shopper won’t become a customer unless you find their inciting incident.
Relationship selling is the answer.
But first your salesperson has to make a good impression by being available so your customer feels welcome. They have to give a warm greeting to be able to get past the customer’s natural aversion to engaging strangers.
Then they have to be able to get the shopper to trust them, so they let the shopper browse before returning to build rapport.
Only then, when they return to the shopper, can your salesperson work to uncover the shopper’s inciting incident for shopping in your store today.
That establishes trust and the salesperson is seen as a buddy. The conversation continues and the salesperson patiently gets the whole backstory. They are now leading the shopper to find the whole solution to the inciting incident.
Your salesperson now has the shopper hooked and is able whittle down the shopper’s choices to a fork-in-the-road decision for either A or B. Because they’ve built all this trust, when the best solution costs more than the shopper initially expected to pay, the salesperson can deal with the shopper’s objections and ask for the sale.
Your customer buys the item and is glad they made the effort to come to your store on that day to work with your salesperson; they wouldn’t have wanted it any other way.
What to do right now
Go out on your salesfloor and observe where your employees spend most of their time.
Are they moving your shopper from one stage to another and making the sale? Or are they cutting off some of the earliest steps and losing it?
To coach your sales team, ask each one, after every encounter with a shopper, to tell you what was that shopper’s inciting incident.
Most will only be able to say what product the shopper asked for.
And that’s a huge problem.
TimeTrade recently reported a better customer experience can boost a retailer's revenue by 5%. In a world of plunging margins, that is huge.
Think omnichannel will save you?
Let that sink in...
The other 90% are plagued by high delivery costs, rising return rates, and the labor required to pull merchandise from shelves for in-store pickup.
According to RetailDive shoppers are going out and shopping primarily because they want to take items home that day.
Think that’s just a Boomer thing? Wrong.
According to that same report, 62% of 18-24-year-olds cite taking items home immediately as the reason they shop in store vs. online.
The youngest age segment (18-24) also enjoys the in-store experience and interacting with store associates.
I can help with the former.
Most everything has a structure to it, a painting, a book, a musical, a concert, or a sports game.
Ignore that structure and you have confusion. When it comes to your brick and mortar store, confused shoppers walk; they don’t purchase.
Retail affords you the opportunity to meet people more interesting than yourself.
While they might notice you're not like me, they’re authentically curious about the world, with a thirst for solving problems.
The great salespeople know without understanding the inciting incident, they won’t convert the looker to buyer.
Retail sales training gives a structure your team can hang on to and a process for you to coach. With that, your shoppers will be encouraged to relax and buy.
To learn exactly how to do that in a system that is easy to duplicate and train, download my services guide below and see how I can personally train your crew, virtually train your crew, or both.
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