
Never Badmouth
Your Competition,
Let Your
Prospects Do It for You
Managing
your prospect’s expectations and beliefs about your own offering is
important. However, managing your prospect’s expectations and beliefs
about your competition can be even more critical, especially if you
are involved in a hotly contested and competitive showdown. The trick
is to do it subtly and professionally without losing credibility.
When
we openly disparage our competition, we invalidate and dishonor
our prospects and we project our own insecurities and doubts about the
value we bring to the selling table. So instead of directly going after
your competition, consider insinuating small morsels of doubt to get
your prospect to formulate their own conclusions. Keep in mind that
the best salesperson at the selling event is always the prospect. Let
them sell themselves and reach the same conclusions that you’d like
them to by prompting them with strategically crafted questions.
The
following is a hypothetical scenario:
Your
prospect met with your competition last week and they are sitting down
with you for the first time. You have some clear advantages you want
to highlight, and your competition has some real liabilities
that you want to exploit. Here are some questions I use in my business
to set up my competition that I know in advance will yield unsatisfying
responses by my prospects. They also are effective in setting traps
or landmines for my competition to stumble upon in the future:
- “When you
asked them about their specific plans for reinforcement of the training,
what did they tell you?”
- “I’m curious…
how much time did they spend learning about your problems as opposed
to you learning about their training?”
- “When they
told you that they were going to first assess and evaluate
your team before they do the training, did you think that was a good
idea?”
- “What kind
of examples did they give you about their specialization of working
exclusively with technology companies?”
Invariably
when I ask these questions the responses are frequently, “They
didn’t bring that up” and “They couldn’t sufficiently
answer that.” To add insult to injury, I subtly respond, “Is
that a problem?”; “Does that concern you?”;
or “Is that something you’d like to have?”
And then I follow up with asking them,
“Why do you want that?” By avoiding a direct attack, I maintain
my credibility and honor my prospect’s past decisions.
Here
are some generic questions and statements some of my clients have used
in my classes to get the prospects emotionally involved and dig a deeper
hole for themselves:
- “I’m surprised
you are dissatisfied with them. They generally have a good reputation.”
Disagreeing with them will sometimes have them argue even more fervently
on your behalf.
- “What?”
This gets them to restate and repeat their frustration again.
- “It doesn’t
sound bad enough to justify changing.”
- “But you’ve
been doing business with them for 10 years.”
- “I assume
when the problem came up that they immediately approached you, as
opposed to you having to bring it to their attention?”
By
planting seeds of doubt and craftily laying landmines, you will never
need to jeopardize or compromise your credibility by badmouthing your
competition. In allowing your prospect to re-experience their
frustration and verbalize their dissatisfaction, you will cause much
more harm to your competition’s position than if you were to directly
challenge it yourself. Litigation lawyers know this tenet intimately.
They are limited by procedure to only asking questions and not badgering
the witness. So they build their case on the idea that the witness will
trip up and sell themselves short. Just as in our legal system, the
power of implication is so much more powerful than a direct assault.