Customer Decision-Making
🛒 Guiding customers through choices rather than telling them what to buy leads to a more effective sales experience and increased likelihood of purchase.
🧠 Paralysis by analysis occurs when customers face too many options, as demonstrated by a Stanford study showing only 3% approached a table with 24 flavors versus 30% for 6 flavors.
Sales Techniques
🎯 Funneling choices from many to few (e.g., 24 to 6, then to 2-3) helps customers make decisions more easily and reduces buyer's regret.
❓ Asking qualifying questions to understand customer needs and providing 2-3 tailored options creates a more personalized and effective selling approach.
Customer-Centric Approach
🤝 Validating customer preferences through targeted questions and narrowing choices based on their responses enhances the overall customer experience and increases sales success.
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