I
can offer you a single question to add to your sales presentation
that could make you up to $100 more on your bottom line. For each
job. By offering premium product to your customer, you can
differentiate yourself from the competition, and in this case, you
can do it without putting down your current product.
Most
customers will immediately see the value in your offering, few will
deny that there is value in it, and the only determining factor that
goes into their decision is whether the price you offer is worth the
value upgrade. Most of the people asked this question will answer,
“Yes!” enthusiastically.
Simply
put, point out that your bid contains industry standard hardware,
which is usually imported. Then ask, “Would you be willing to
spend $50 - $100 (fill in your number) more for me to include 100%
American made hardware on all your gates, (or vinyl caps on your
posts, or both) with a lifetime guarantee? You will
be surprised at how many people jump to say yes right away. In some
cases, it's like they've waited all their lives to be asked that
simple question.
What
about the question of your current quality? Simply point out that in
order to allow a fair comparison of bids, you included the same
quality of materials that your competitors use, but that you prefer
to allow the customer to choose better quality products. You may
even want to say that you prefer to use the higher quality products,
but that in order to get an “apples to apples” comparison you
have written imported hardware into the bid.
There
is no use trying to point out the deficiencies in imported hardware
here. The customer will have a personal opinion about imported
goods, and your sales pitch isn't going to change that. What you are
appealing to is the inherent preference for “home grown” shared
by most Americans, tapping into a distrust of inferior substitutes,
and allowing them to make all the conclusions.
The
beauty of this is that the price difference for you could result in a
savings plus the upcharge. Many of the caps we sell are priced at or
below the cost of imports, and our hardware is, in most cases, very
competitive. Using this technique can make you hundreds, if not
thousands of dollars and can win you those jobs you have been losing
to your competitor on price because you offer more than price. You
offer value.
To
offer value to your customer, and make your hardware and accessories
a profit point, as well as letting them distinguish you from the rest
of the pack, use Modern Fence Technologies products on your next job!