Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Sell Wants Not Needs

Written by: Donald F. Pooley

Article Overview: My mother used to say I never wanted anything–--everything I asked for was something I needed! We say "I need a new car", "I need to go on vacation", and "I need someone to clean my house". Have you ever heard someone say, "I want a new pair of shoes"? I bet even Amelda Marcos says "I need a new pair of shoes".

Free Download - Banks Cant Sell By Donald F. Pooley
Name: Email:

Sell Wants Not Needs

My mother used to say I never wanted anything–--everything I asked for was something I needed! We say "I need a new car", "I need to go on vacation", and "I need someone to clean my house". Have you ever heard someone say, "I want a new pair of shoes"? I bet even Amelda Marcos says "I need a new pair of shoes".
We justify our purchases as things we need. As businessmen selling our services, we've been lead to believe that people buy from us because they need what we offer. We try to meet the needs of customers instead of focusing on their wants.
People may buy a product category due to need. However they buy a specific brand or from a certain company based on wants. In other words, needs define the total market, and wants define the market segments.
For example, people buy a watch because they need to know what time it is. One person buys a Rolex because they want the status and prestige associated with owning a Rolex while someone else buys a Timex because they want dependability inexpensively.
Several years ago I needed to select an ad agency to develop brochures and ads for the company I worked for. There were thousands of agencies across the country and hundreds where I was that could have met that need. But I wanted someone local, big enough to handle the projects, but small enough that I would be a major client for them. It was those wants that drove my selection decision.
Someone else in my position may have wanted to work with the biggest and most prestigious agency that would have taken their business. That person would have selected a totally different agency to meet the same basic need.
To successfully market your product or service, identify a segment of the population that has the need for your product but whose wants are not being met or are not being met well. Ask yourself these questions:
* What wants are my competitors filling?
* How can I meet a different set of wants?
* Can I meet wants in the areas of speed, affordability, ease of access or use, level of service, prestige, or dependability better than my competitors?
Then design your marketing message to address these wants.
© 2003 Strategies-by-DESIGN
Julie Chance is president of Strategies-by-DESIGN that helps businesses develop marketing strategies to attract leads and turn those leads into loyal customers. For more information, or to sign up for their free marketing tips newsletter go to her site, or call 972-701-9311, or email her at jchance@strategies-by-design.com

Related Articles
  Best Sales Strategy for Your Company
  Heart of Marketing by Judith Sherven and Jim Sniechowski
  HOW TO AVOID SOUNDING LIKE JUST ANOTHER SALES REP
  Finding The Right Prospects For your Business
  Have You Ever Felt You Didn't Know How You'd Get Your Next Sale?

Home > Marketing > Donald F. Pooley > Sell Wants Not Needs
Article Tags:

About the Author: Donald F. Pooley
RSS for Donald's articles - Visit Donald's website

Don Pooley, the author of this article, allows you to publish it if you include these credit lines: Copyright 2005, Donald F. Pooley, Inc. Don Pooley CLU, CFP, CHFC, "The Advisor's Advisor" has shared his marketing know-how with audiences of life insurance men in all major Canadian cities, London, Australia, Chicago, New York, San Francisco, Hong Kong, and Singapore, and now in his free ezine. To get more ideas on marketing your services, plus free ebooks, subscribe now at http://www.eTIP.ca/

Click here to visit Donald's website
Dashed Line

More from Donald F. Pooley
How to Forward Email
Ask Open Ended Questions
The Elevator Intro
You Cant Please Everybody
Problem Solvers Earn More


Related Forum Posts
Your advantage over others Your advantage over others - Sell using your USP - unique selling proposition. Why should people buy from you, instead of your competitors? Think about it, why are you so great? It may be a hard question, but finding the answer can multiply the effectiveness of any advertising or marketing activities you undertake.
Re: When do entrepreneurs retire, if ever? Re: When do entrepreneurs retire, if ever? - Why would you ever retire when you love what you are doing? Sell the business and start another one maybe - but retire - NEVER! You should all read, The 4 Hour Work Week - By Timothy Ferris. He talks about building your business so that you can take mini 'retirement's throughout your life, instead of saving it all up for when you are old. Great concept - what do you think??
Re: SES Toronto - Day 1! Re: SES Toronto - Day 1! - ...oh and even though it's 21 secrets, why do you have [quote:1gz722fe]Tip #22: Use Your Thank You Page to Sell[/quote:1gz722fe] on your blog? Are you holding out on secrets or are you adding your own? Hope to see you at the next conference!
Some online business suggstions debunked Some online business suggstions debunked - 2. Sell photos on stock photography sites --- I tried this, couldn't even get in the front door. But then, I'm apparently a lousy photographer... However, if you do get in, I think you only get something like 25 cents a download... 8. Build services atop Amazon Web Services ---I've been an Amazon associate for a loooong time, selling books, and business has been lousy since the beginning. Nobody reads anymore...I do get a few DVD sales every now and again... but frankly I make much more money though Google Ads on my site. It took several months for that to build up, but now as my website has more readers those ads are starting to pay off, whereas there's been no corresponding jump from Amazon ads on the same pages...
Foreclosure? Foreclosure? - [quote:2075tw2d]I slipped when I hopped on the real estate wave two year ago and unfortunately now I have to seriously consider foreclosure. [/quote:2075tw2d] I'm not quite sure what you mean by this. Are you saying that the bank is going to repossess your house. Foreclose on [i:2075tw2d]you[/i:2075tw2d]? Or you have to foreclose on someone [i:2075tw2d]else[/i:2075tw2d]? Depending on where you're located, there's a business that buys houses for cash...regardless of how much equity you have in them... For the life of me I can't remember their name, but they advertise on the radio all the time. But that'd be the solution to your problem, if they do business in your area. Sell them the property you're having trouble with... "We buy ugly houses." I think that's their slogan?


Recommended Article for You close

  Best Sales Strategy for Your Company

Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

Too Many Sales Reps Are Wimps

What Is The Foundation for Your Vision?

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.