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Inspiration


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                                                                                     Demystify,




                                                                                      clarify,




                                                                                     compare










                  id you know there's a fancy word for fear      It's the rep's job to answer all these questions and more.
                  of change? It's called metathesiophobia. It    "Many prospects have questions running through their
                  derives from the Greek words  meta, which      heads that they never ask," Green noted. "Use specifics,
        D means change, and  phobos, for fear. No mat-           cite details,  ask  questions.  Make sure nothing  goes
        ter what it's called, fear of change is a widespread mal-  unanswered."
        ady that affects just about everyone to greater or lesser
        degrees and frequency.                                   Since  the distinct  aspects  of your products  and
                                                                 services  are  new  to  the  merchant,  it  is  necessary  after
        Given the extent to which people tend to resist change,   you've demystified your offerings to go back over the
        you, as ISOs and merchant level salespeople (MLSs) who   information you presented to clarify, for example, exactly
        have carved out careers in the payments industry, deserve   what your equipment does, how it will be set up, whether
        respect for your resilience and flexibility. Change is ever   it can be customized, when the merchant will be up and
        present in our realm. And you keep diving in no matter   ready, how the customer's systems and interfaces will be
        how much disruption you face in the market.              affected, what benefits the merchant will see, what kind
                                                                 of training you'll provide, upgrades that are available,
        Like ISOs and MLSs, merchants are entrepreneurial, and   security features included, and more.
        they adapt to change and even welcome it. Sometimes,
        however, they are overextended and feel like one more    Green also suggested that you ask the merchant to clarify
        change, no matter how beneficial it might prove to be in   his or her needs at this time, too, because you "can't meet
        the long run, is just too much to tolerate.              those needs if you aren't certain what they are."

        When this occurs during a conversation with a merchant   After demystification and thorough clarification, Green's
        prospect, what is an enterprising sales rep to do? Paul H.   final step is to "compare your prospect's current situation
        Green provided helpful hints for just this circumstance in   to the one they could enjoy if they signed an agreement
        Good Selling TM:  The Basics. He stated you need only do three   with you. Once they have the whole picture, they will see
        things to help merchants overcome resistance to change:   that you can offer them a better product – if only they'll
        demystify, clarify and compare.                          make a change."

        Three steps explained                                    Now you can add metathesiophobia-busting to your
        Demystifying your offerings means anticipating and       resume as one of your valuable professional skills.
        answering merchants' questions. "For many people,
        resistance to change stems from a fear of the unknown,"
        Green wrote. "They might wonder: What exactly will
        happen if I switch to a new terminal? What will this new
        service do for me? Will my customers see a difference?
        What benefits will I see? Is there anyone in my area who is                Kate Gillespie, President and CEO
        using the same piece of equipment or service? What kind
        of training will I have to invest in?"


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