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Do salesmen sell or do customers buy?

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Buy
47% 257 votes Total: 543 votes
Sell
53% 286 votes

People often find it difficult to make a decision about a major purchase. The purchase of a new home, car or investment are major long term decisions. The potential buyer may waver in his choice. He may ask himself whether he is doing the right thing and err on the side of caution. A good salesman has a set of skills to help the buyer to make that critical decision. The customer buys when the salesman sells.

There is a common saying in the life insurance industry that "nobody buys life insurance, they are sold life insurance". As a rule it is through an encounter with an insurance salesman or broker that life insurance is purchased. The salesman is able to highlight the benefits of a life insurance policy. A life policy offers security, peace of mind, the projected investment value and so on. The salesman will highlight the risks associated with not having life cover - the destitute family after the bread-winner's unexpected death.

Even where the customer knows that life insurance is needed, the salesman or broker will steer him towards a specific product. The client will walk away having bought as much insurance as he needs (perhaps much more!) - a far cry from his initial intention. Life insurance is one of the classic examples that the customer only buys when the salesman sells!

A home is often the biggest single purchase that a person will ever make. Homes are seldom perfect and left to themselves many home-seekers will view one house after another without making a decision. A good salesman is able to detect buying signals to assist in making that decision. The salesman will engage the buyer in conversation to find out what kind of accommodation is required; the style of home sought the price range and required location.

A good estate agent should be able to gleam what the buyer is seeking and identify suitable homes. Allowing the buyer to voice his concerns and objections makes it possible for these concerns to be resolved. Objections are often signals of real interest. With a little guidance, the buyer is able to answer his own objections.

Finally, the salesman is able to close the sale. He asks for an offer. The salesman takes some pressure off the couple that love the home they have just seen, but are afraid of the huge commitment. They may end up making an offer that is rather more than their initial limit. The agent is able to answer important questions and move the sale towards a conclusion.

The estate agent has a two pronged task. Having obtained an offer,


Below are the top articles rated and ranked by Helium members on:

Do salesmen sell or do customers buy?

Sell
  • 1 of 13

    by Carol Gioia

    Selling is a talent and a skill. The world is populated with people who profess to be salesmen. In actuality they are employed

    read more

  • 2 of 13

    by Barry Marcus

    People often find it difficult to make a decision about a major purchase. The purchase of a new home, car or investment are

    read more

Buy
  • 1 of 23

    by Linda Smith

    No doubt about it, customers buy. What every good salesperson needs to know, however, are the three key things that customers

    read more

  • 2 of 23

    by John Dinicola

    The term selling has worn out its welcome. It's like cassette tapes, beepers, and mullets... times have changed. The status

    read more

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