Salespeople soon discover a transcendent truth about human behavior. People are unsure and sometimes fickle. Buyer’s remorse is a risk you face each time you close a sale. But, there are strategies to help you minimize that risk. Here are 7 things you can do to prevent buyer’s remorse:
1. Get Objections Out Before the Sale, Not After it
Objections prior to the sale increase the likelihood of satisfaction after the sale. Before you close a sale, make sure that whatever might upset the buyer later is aired and resolved.
2. Involve the Buyer Emotionally
Create emotional involvement by uncovering the buyer’s pain and revealing how your product will reduce that pain.
3. Get a Commitment, Not Just An Order
A contract without a commitment is buyer’s remorse in the making. After the sale, ask questions focusing on commitment and what you can do to increase it.
4. Help Buyer’s Plan For Remorse
Rather than hiding from buyer’s remorse, bring it out in the open.
5. Get An Agreement On Actions In Case Buyer’s Remorse Sets In.
Make a contract with your customers about what they’ll do if they begin to question their decision.
6. Describe What Happens Once the Contract is Signed
Make sure there will be no surprises or rude awakenings.
7. Follow-Up
Use e-mail, phone calls, cards, letters, and visits. Remain visible and accessible.