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Resources

Making the Most of Meet the Buyers

Do and Dont's

Do's

  1. Do set the objective for the meeting.
    • What do we want to achieve ? Is it realistic?
    • What is our fall back objective ?
  2. Do be prepared.
    • Note pad.
    • Literature.
    • Samples.
  3. Do have a clear opening statement that grabs attention.
    • Prepare it beforehand.
    • Have it written down.
  4. Do remember that this is your one opportunity to make a first impression.
    • Look smart.
    • Smile.
    • Be enthusiastic and positive.
    • Be well organised.
  5. Do control the interview.
    • Ask questions.
    • Answer questions with questions.
    • Follow statements with questions.
    • Use "open" questions.
  6. Do find out the customers' buying criteria
    • "What are the main factors that will influence your decision?"
    • "What sort of things do you look for in a supplier of...?"
  7. Do find out how the buying process works.
    • "Who else will you involve in the decision make process?"
    • "How does your purchasing system work for this product/service?"
  8. Do listen & record.
    • Get the underlying theme of what is being said.
    • Ensure you record each course of action to follow up efficiently
  9. Do sell the benefits and your credibility.
    • Find out what your product or service does for the customer.
    • Talk in these terms.
    • Use testimonials of why your current customers like using you
  10. Do get the customers' commitment.
    • If buying signals have been good, ask for a trial order.
    • Get a second meeting in the diary

Don'ts

  1. Don't arrive unprepared.
    • Make sure you have everything with you.
    • Bring a notepad and at least two pens.
    • Research the customer.
    • Drop in one or two things that you know.
  2. Don't pitch.
    • Anyone can say that his or her company, product or service is the greatest thing since sliced bread!
    • Don't put forward a solution until you know what you are trying to solve !
  3. Don't argue.
    • We can win a battle and lose a war. Use questions like:
      "I know you must have a good reason for saying that. Do you mind if I ask you what it is?"
  4. Don't talk too much
    • Customers like to talk about their company, their products and their problems.
  5. Don't use Jargon.
    • Not every buyer will understand your technical terms.
    • Keep it simple. Don't show how clever we are.
  6. Don't miss buying signals.

  7. Look out for positive signs:
    • Nodding, or leaning forward with finger up the side of face.
    • "I like the sound of that"
    • "That's interesting...
  8. Don't interrupt.
    • Listen carefully to what is said.
    • Don't appear too eager to jump in.
  9. Don't knock the Competition.
    • Don't do it even if invited to. It can be a trap.
    • Don't assume competition.
  10. Don't try to take the whole bag of sweets.
    • By the inch, it’s a cinch, by the yard it’s hard.
    • Ask for a trial order, a small contract.
  11. Don't forget to confirm arrangements.
    • Make sure that you both understand exactly what will happen next.

Information for Buyers:

Buyer pack