Home-Based Business – What People Are really Spending Their
Money On These Days
I got an
e-mail the other day from a prospect who said he was excited to see my
web site and the great price I offer. He said, “I've always had a
strong interest in this type of work but I thought it was ridiculous
that some places were charging thousands”.
He went
on to say, “My question for you is because the economy is in such a
mess right now is this type of
home-based business one
where most customers won't be interested in it because it might be
viewed as a clever novelty? I'd hate to pay and find out I can't find
enough business to make it worth my while.”
I wrote
back saying, people are still spending money on things they WANT more
than the things they NEED. Your job is simply to enhance and justify
that desire or need in them to want your product or service more than
the money held tight in their pocket that is waiting to be spent on
some other thing.
Whether
in a bad economy or in a bull market are not people always spending
money on things they want rather than things that they need? They will
go out and spend money all weekend long having fun rather than save it
for their heat and electricity bill.
The
sexiness of owning a fine, luxury automobile (those are still selling
well I believe) makes sales. Not the need for the safety that that
particular brand of automobile might bring. Whenever commercials sell
anything on TV the commercial always sells the sexy or sizzling part
because they want you to desire and lust over their merchandise.
Go drive
through the low-end income side of town or through a trailer park.
Notice how some of the cars are way nicer than their homes. It's
because people buy what they want more than what they need. I've seen
brand new pole barns in back of houses that were way bigger (and way
prettier) than the house. Seems to me that they should move into the
pole barn and use the house for a garage!
The job
of a salesman never changes. You first need to find or qualify people
to sell to in your
home-based business .
Your second step is to create DESIRE and WANT. You can include needs as
“the excuse” they are looking for to justify their purchase. Words like
“you only live once” will often do the trick.
The
result is if they don't buy, you didn't do your presentation right, or
you didn't QUALIFY the prospect. Or at least you need to warm them up a
little bit more through several follow-ups. I was reading a marketing
tip today that said to “make it a goal to never call on a cold prospect
again. Instead, work on a 100% referral base. How true that is for
home-based business.
Whether
you sell a product or a service, referrals is the way to go. If people
highly recommend you, your prospects are going to be pre-sold on you
and your product or service before you even contact them.
Your
number one job in your
home-based business
is to find the right prospects and then it will be to
create that burning desire or want in them. Many people will want your
product without you saying anything. They just want someone that knows
how to take their order.
Sure you
can inject some needs along with the wants. Wants or benefits are
always a stronger seller than needs can be. Needs can be what will
happen if they don't buy your product. Desires are the sexy things they
get by owning your product and that's what you want to sell. Sell them
the sizzle – not the Steak. You can tell them later on that eating
expensive quality steak is good for their health. But it's the cooking
smell and sound of the sizzle draws them in.
Lee Cusano has owned
and operated his own painting business since 1991. Recently he added on
a profitable home-based business
called star mural painting. You can find out more plus get a free
report showing you how to make $250 - $500 a day doing star murals by
visiting http://star-mural.com
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