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Casual Articles - What's In It For Me?
Bill Gates, Virtual Reality, and Six Flags of Solution A. And besides, I wanted options!Does bill Gates know something we do not know about Six Flags amusement parks? No probably not, but anyone as smart as he, certainly understands the future of Virtual Reality. Look at the new X-Box 360-degree system? Obviously Microsoft gets it and their research teams may have entered the Virtual Reality Realm a little late, but they certainly understand gaming. Mr. Gate’s increased his holding in the company from 8% to 10%. There can only be one reason in my opinion, Virtual Reality is c I expressed my confusion, whereupon the "cleaning expert" explained that Solution A was "chemicals." He said another option would be Solution B; that would cost $200. I asked, "What is Solution B?" The "cleaning expert" told me, "Solution B is more chemicals." He added another option: Solution C. That would cost $300. Guess what was in Solution C? Even more chemicals! Chemicals, more chemicals and even more chemicals are all features. And I didn't care! I wanted clean, beige chaise lounges! $100, $200 and $300 are also all fea Driving Home the Culture of Honesty Sometimes, one of the most difficult things to teach beginning
sales professionals is the difference between features and
benefits. All too frequently, sales people list their product or service features, without articulating how those features will ultimately benefit that prospect or customer. Unfortunately, your prospects or customers are not always able to make that leap for themselves. And when they do not see the benefit, they do not buy. So—what is the difference between features and benefits? How do you articulate that difference?I accompanied a visiting friend from my apartment in Singapore to a taxi waiting downstairs.He climbed into the back seat and promptly sat on a wallet left behind by the previous passenger.My friend looked inside the wallet and found money, credit cards and personal identification. I suggested taking the wallet upstairs right away to call the owner. The taxi driver allowed me to copy down the necessary information…but he wouldn’t let the wallet out of his sight.He did n Product or service features are facts—they are just there. There is no real value or judgement attached to them. They simply exist. For example, the product is blue, it's a certain size or shape. Another example: the store is open 24 hours. The most important thing you want to remember about features is: Nobody cares! Your customers are buying benefits. They are saying to themselves, "What's in it for me?" "What will this do for me?" "What will this do for my company?" "How will this affect my bottom line?" "How will this affect my employees?" "How will this affect customer relations?" People buy for their own reasons, not for yours. And people buy because they believe that the product or service will get them what they want. And what they really want is a Big Benefit. Big Benefits are things like financial stability, love, recognition, independence… There are many—because they are basic human desires. Customers and clients want what they want; not what you think they may want or should want. They have their own reasons for buying. You may have to help them identify those reasons, but they will be theirs, not yours. To illustrate the difference between features and benefits—a personal story: In my living room, I have two beige chaise lounges. I have had these beige chaise lounges for a while—so, they were no longer quite so beige, and I decided it was time to have them cleaned. I called a cleaning service that said they would send over a "cleaning expert" to "evaluate" my two beige chaise lounges and give me "cleaning options." I said—"Send him over!" I was very excited! On the appointed day, the "cleaning expert" arrived, laden with his cleaning equipment. He looked at my two beige chaise lounges and told me he could clean them with Solution A. This would cost $100. Not being a "cleaning expert," I was confused. I had never heard of Solution A. And besides, I wanted options! I expressed my confusion, whereupon the "cleaning expert" explained that Solution A was "chemicals." He said another option would be Solution B; that would cost $200. I asked, "What is Solution B?" The "cleaning expert" told me, "Solution B is more chemicals." He added another option: Solution C. That would cost $300. Guess what was in Solution C? Even more chemicals! Chemicals, more chemicals and even more chemicals are all features. And I didn't care! I wanted clean, beige chaise lounges! $100, $200 and $300 are also all feat The Internet and Beyond - 12 Tips on Writing Better Brochures al value or judgement attached to them. They simply exist. For example, the product is blue, it's a certain size or shape. Another example: the store is open 24 hours.Every year thousands of online businesses fail. None of them begin with the idea they’ll fail, in fact they have high hopes of success, but they fail all the same. One of the main reasons for the high failure rate is an over reliance on one marketing channel…the Internet.Marketing isn’t about using one medium. It’s about getting and keeping customers. Yes, Internet marketing can help you can do that but only if you use it in conjunction with other tactical tools. In addition there ar The most important thing you want to remember about features is: Nobody cares! Your customers are buying benefits. They are saying to themselves, "What's in it for me?" "What will this do for me?" "What will this do for my company?" "How will this affect my bottom line?" "How will this affect my employees?" "How will this affect customer relations?" People buy for their own reasons, not for yours. And people buy because they believe that the product or service will get them what they want. And what they really want is a Big Benefit. Big Benefits are things like financial stability, love, recognition, independence… There are many—because they are basic human desires. Customers and clients want what they want; not what you think they may want or should want. They have their own reasons for buying. You may have to help them identify those reasons, but they will be theirs, not yours. To illustrate the difference between features and benefits—a personal story: In my living room, I have two beige chaise lounges. I have had these beige chaise lounges for a while—so, they were no longer quite so beige, and I decided it was time to have them cleaned. I called a cleaning service that said they would send over a "cleaning expert" to "evaluate" my two beige chaise lounges and give me "cleaning options." I said—"Send him over!" I was very excited! On the appointed day, the "cleaning expert" arrived, laden with his cleaning equipment. He looked at my two beige chaise lounges and told me he could clean them with Solution A. This would cost $100. Not being a "cleaning expert," I was confused. I had never heard of Solution A. And besides, I wanted options! I expressed my confusion, whereupon the "cleaning expert" explained that Solution A was "chemicals." He said another option would be Solution B; that would cost $200. I asked, "What is Solution B?" The "cleaning expert" told me, "Solution B is more chemicals." He added another option: Solution C. That would cost $300. Guess what was in Solution C? Even more chemicals! Chemicals, more chemicals and even more chemicals are all features. And I didn't care! I wanted clean, beige chaise lounges! $100, $200 and $300 are also all fea Getting Started in the Mail Order Business. How Much Does It Cost? y believe that the product or service will get them
what they want. And what they really want is a Big Benefit. Big
Benefits are things like financial stability, love, recognition, independence… There are many—because they are basic human desires.INTRODUCTION To get any business started successfully takes many ingredients. All requirements fall into one of the following four key categories: 1. Desire, 2. Knowledge, 3. Time, and 4. Available funds. This report deals only with the financial requirements of starting a mail order business. Hopefully it will help the reader to evaluate whether he is financially able to embark upon a business venture that will bring about success. It is generally true that it takes Customers and clients want what they want; not what you think they may want or should want. They have their own reasons for buying. You may have to help them identify those reasons, but they will be theirs, not yours. To illustrate the difference between features and benefits—a personal story: In my living room, I have two beige chaise lounges. I have had these beige chaise lounges for a while—so, they were no longer quite so beige, and I decided it was time to have them cleaned. I called a cleaning service that said they would send over a "cleaning expert" to "evaluate" my two beige chaise lounges and give me "cleaning options." I said—"Send him over!" I was very excited! On the appointed day, the "cleaning expert" arrived, laden with his cleaning equipment. He looked at my two beige chaise lounges and told me he could clean them with Solution A. This would cost $100. Not being a "cleaning expert," I was confused. I had never heard of Solution A. And besides, I wanted options! I expressed my confusion, whereupon the "cleaning expert" explained that Solution A was "chemicals." He said another option would be Solution B; that would cost $200. I asked, "What is Solution B?" The "cleaning expert" told me, "Solution B is more chemicals." He added another option: Solution C. That would cost $300. Guess what was in Solution C? Even more chemicals! Chemicals, more chemicals and even more chemicals are all features. And I didn't care! I wanted clean, beige chaise lounges! $100, $200 and $300 are also all fea Business Coaching Tips - Customer Satisfaction Improvement Plan have had
these beige chaise lounges for a while—so, they were no longer
quite so beige, and I decided it was time to have them cleaned.Pro-active StrategiesActively look at implementing some of these proactive strategies Supplying better quality goods or over-servicing Ensuring speedy delivery. If a customer orders today by direct mail, they are always impressed if the goods are there the next day. This sets the tone for the entire organization Offering after sales discounts Realigning product development to customer needs. This could take the form of a pro-active questi I called a cleaning service that said they would send over a "cleaning expert" to "evaluate" my two beige chaise lounges and give me "cleaning options." I said—"Send him over!" I was very excited! On the appointed day, the "cleaning expert" arrived, laden with his cleaning equipment. He looked at my two beige chaise lounges and told me he could clean them with Solution A. This would cost $100. Not being a "cleaning expert," I was confused. I had never heard of Solution A. And besides, I wanted options! I expressed my confusion, whereupon the "cleaning expert" explained that Solution A was "chemicals." He said another option would be Solution B; that would cost $200. I asked, "What is Solution B?" The "cleaning expert" told me, "Solution B is more chemicals." He added another option: Solution C. That would cost $300. Guess what was in Solution C? Even more chemicals! Chemicals, more chemicals and even more chemicals are all features. And I didn't care! I wanted clean, beige chaise lounges! $100, $200 and $300 are also all fea Business Management Teams Need To Understand Why They Are In Business of Solution A. And besides, I wanted options!To so many business executives do not really understand why their company is in business. Sure they have achieved an MBA and they look at the numbers each week and the goals set for the company for sales. They are aware that they need to achieve certain goals in order to please shareholders equity and quarterly profits. However, when we ask these executives in business management teams why they're in business we did an array of answers and that is a little troubling.You see, busin I expressed my confusion, whereupon the "cleaning expert" explained that Solution A was "chemicals." He said another option would be Solution B; that would cost $200. I asked, "What is Solution B?" The "cleaning expert" told me, "Solution B is more chemicals." He added another option: Solution C. That would cost $300. Guess what was in Solution C? Even more chemicals! Chemicals, more chemicals and even more chemicals are all features. And I didn't care! I wanted clean, beige chaise lounges! $100, $200 and $300 are also all features. I cared a little more about those—but I still wanted clean beige chaise lounges! The "cleaning expert" was selling features: chemicals and price. He should have been selling Big Benefits, i.e.—"You're going to have a beautiful home." Here is an easy way to identify benefits: Make a list of all of the facts/features of your product or service. Don't think about it, evaluate it or judge it. Just list them. Once you have that list, go through the list item by item, putting yourself in your prospect's shoes. Say to yourself (as your prospect), "What's in it for me?" Then, write down the answer. Once you have done that, you should have a compelling list of customer-centered benefits. Once you have that list of benefits, it will be easy to make your prospects and customers understand what's in it for them.
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