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 Home - Articles - Creating Business Success: Why should I buy your product?


Creating Business Success: Why should I buy your product?

By George Kittredge
WMEBooks.com
© 2005

If your prospect doesn't ask you this question outright, you can be sure that it is what he or she is thinking. How well you answer it will determine whether someone buys your products and services or not. Is there a way you can ensure that your sales presentation never overlooks this key-buying question? Yes there is.

A number of years ago, I learned an exceptionally effective way to present to potential buyers why they should buy my product. I learned how to explain my message in terms they could really understand, and once I began using it, my customer success rate increased significantly. I have never stopped using it.

It's called "Features, Advantages and Benefits" or FABs for short. Whether your selling a million dollar piece of equipment or a $3.00 screwdriver, whether your promoting a subscription series or an accounting service, there is simply no better way to communicate your message than by presenting the features, advantages and benefits of what you are selling.

The idea of using FABs to explain products and services is certainly not new. But I am continually surprised at how few people use it to its fullest potential. If you have never used FABs, I urge you to try it. Here's how it works.

As a first step, I'd like you to think of your product or service in terms of what features, advantages and benefits it brings to your customer. A feature is defined as one of the characteristics or qualities your product or service possesses. Perhaps it's the choice of colors your product comes in, or the strength of the material, or service warrantee. Quite likely you may be able to identify many features for a single product.

The advantage is how each of the product's features work (to your customer's advantage). And the benefit is the positive result your customer will gain from each feature and advantage.

If I were expressing an FAB to a customer, I might say something like this:

"Mr. Customer, one of the features of (my product) is… Here's how that feature works for you… And as a result, you will gain this (benefit).

Let me give you an example. Let's assume you own and run a landscaping business and you are trying to sell your services to redesign a backyard garden and patio area for Ms. Jones, a homeowner. Your service might possess this FAB, and you might express it this way.

"Ms. Jones, one of the features of our service is our "Program Diagram Analysis". (Note: it's a good idea to give your feature a name - it makes it easier to remember). Here's how the Program Analysis works. After discussing all of your landscaping objectives, comparing alternatives, identifying materials, plantings and design and completing a visual survey of the area with you, we develop a three-dimensional landscape drawing that includes all of the elements you are looking for. As a result, you will see an excellent picture of what the completed landscape will look like even before we begin the project."

Very often, a feature/advantage can provide more than one benefit.

"And Ms. Jones, a second benefit is that the Program Diagram Analysis will enable you to make early modifications to the plan if you wish, which can mean cost savings versus having to make changes once the project is underway. Other customers have really appreciated seeing the end picture at the start of the project rather than having to just visualize the end result in their minds."

How about a second FAB for the same service?

"Ms. Jones, a second feature of our service is our no-cost, 30-day post project survey. Approximately 30 days after the completion of the work, we will return to do a post-landscape analysis and review with you any plant, lawn or structural maintenance program needed on an on-going basis. And as a result, whether you or we are performing any follow-up maintenance, you can be confident that any questions or concerns you have will be completely answered.

Features, advantages, benefits. There is no doubt that this is the best way to present your products and services. FABs that make it easier for your customers to say yes to your proposals.

I hope you agree.


Credit:

George Kittredge is a Marketing Advisor for Windsor Media Enterprises, conducts periodic seminars and workshops for small business owners, and is the author of THERE'S A FINE LINE BETWEEN A GROOVE AND A RUT: How to avoid a sales slump and re-energize your marketing team! His book is available at a special discount to NBA members. He can be reached at kittredge@wmebooks.com.


Related Information:

NBA Benefit Provider - WMEBooks.com

NBA Resource Article - Starting Small Business Promotional Campaigns

NBA Resource Article - Why People Buy: The Psychology Of Sales And Marketing

Reprint of this article does not constitute an endorsement by the National Business Association; the article is for informational purposes for our members and viewers of our Web site.

   

 

 

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