Credibility and Trust

Sales Approach Forum

 #91
JacquesWerth

Since "Credibility" and "Trust" are largely synonymous, let’s just call it “Trust.”
Establishing trust is not a one-way street. It is almost impossible to do it unless the feeling is mutual.

Trust is the most important buying decision factor for most prospects, when they are making significant buying decisions. We should also include Respect, which is the 2nd most important buying decision factor.

All of the ideas that have been posted here are good ones. On the other hand, if they really did work, most salespeople would be using them because they are easy to do. And, since trust is the most important buying decision factor, all that use those ideas would be highly successful.

So, what is missing?
It is that trust and respect are largely Emotional reactions rather than Intellectual decisions - especially when there is no history between the parties. Thus, in order to be highly successful, salespeople need to utilize an emotional process designed to achieve Trust and Respect with new prospects. Furthermore, that process must develop a Relationship of Mutual Trust and Respect in order to be highly effective.

For those that want to know more about how to influence prospects (or anyone) at the level of their emotions, often called “intuition,” I suggest reading “Power vs. Force” by Dr. David Hawkins.

 #92
realtor

Quote:
Originally Posted by JacquesWerth
It is almost impossible to do it unless the feeling is mutual.
I'm sorry but I don't think that is true. People trust experts that they have never met. Have you ever met Consumer Reports?

Quote:
Originally Posted by JacquesWerth
And, since trust is the most important buying decision factor, all that use those ideas would be highly successful.
Sorry, but I don't think that this is true either.

 #93
Iceman

Quote:
Originally Posted by Mustang
Another great Dale Carnegie quote that relates is, "Talk in terms of the other person's interest".
That is a welcome addition. Thanks Mustang.

 #94
SalesCoach

Quote:
Originally Posted by JacquesWerth
Establishing trust is not a one-way street. It is almost impossible to do it unless the feeling is mutual.
Can you expand on this comment please? What leads you to believe that establishing trust is not a one-way street?

Quote:
Originally Posted by JacquesWerth
All of the ideas that have been posted here are good ones. On the other hand, if they really did work, most salespeople would be using them because they are easy to do. And, since trust is the most important buying decision factor, all that use those ideas would be highly successful.
Can you clarify your position on this please? Your last two sentences appear to run counter to the first.

__________________
 #95
JacquesWerth

Quote:
Originally Posted by realtor
I'm sorry but I don't think that is true. People trust experts that they have never met. Have you ever met Consumer Reports?

Sorry, but I don't think that this is true either.
There is no need for you apologize for what you think. You have the right to think and say anything that the owner of this site permits.

OTOH, you might want to question your assumptions. Your comment about Consumer Reports is not analogous to the relationship between a salesperson and a prospect. Consumer Reports is not trying to sell you anything.

 #96
JacquesWerth

Quote:
Originally Posted by SalesCoach
Can you expand on this comment please? What leads you to believe that establishing trust is not a one-way street?
Forty-nine years of highly successful sales experience and sales research. That includes extensive consultations with several psychologists.

With the guidance pf those psychologists, we developed a process for developing deep relationships of mutual trust and respect with most prospects (88 to 92 percent) within the first half hour of meeting them. An imperative of the process is that the relationship must be mutual to be effective.

 #97
SalesCoach

Quote:
Originally Posted by JacquesWerth
All of the ideas that have been posted here are good ones. On the other hand, if they really did work, most salespeople would be using them because they are easy to do. And, since trust is the most important buying decision factor, all that use those ideas would be highly successful.
Can you clarify your position on this please? Your last two sentences appear to run counter to the first.

Quote:
Originally Posted by JacquesWerth
Forty-nine years of highly successful sales experience and sales research. That includes extensive consultations with several psychologists.
Based on your research and experience would you say it's not possible for one person to trust another unless there is trust in return?

Quote:
Originally Posted by JacquesWerth
With the guidance pf those psychologists, we developed a process for developing deep relationships of mutual trust and respect with most prospects (88 to 92 percent) within the first half hour of meeting them.
What methods do you have in place to measure the depth of these relationships of mutual trust and respect with prospects?

 #98
JacquesWerth

Originally Posted by JacquesWerth
All of the ideas that have been posted here are good ones. On the other hand, if they really did work, most salespeople would be using them because they are easy to do. And, since trust is the most important buying decision factor, all that use those ideas would be highly successful.

Quote:
Originally Posted by SalesCoach
Can you clarify your position on this please? Your last two sentences appear to run counter to the first.
I simply meant that those ideas are good ones in the manner of any advice that will not hurt your cause, i.e. the "golden rule." However, they won't do much to affect your closing rates.

Quote:
Originally Posted by SalesCoach
Based on your research and experience would you say it's not possible for one person to trust another unless there is trust in return?
No, I would not say it is not possible; anything is possible. I would say it is quite unusual.

Quote:
Originally Posted by SalesCoach
What methods do you have in place to measure the depth of these relationships of mutual trust and respect with prospects?
A simple numerical (1-10) scale based on specific information that is revealed by the prospect.

It takes about twelve hours of training and role-plays to understand and utilize the "Trust and Respect Inquiry Process." I don't have the time or inclination to go into more detail in this venue.

 #99
SalesCoach

Quote:
Originally Posted by JacquesWerth
No, I would not say it is not possible; anything is possible. I would say it is quite unusual.
Perhaps I'm misunderstanding your use of the term "Trust". What is "Trust" to you?

 #100
SalesGuy

Quote:
Originally Posted by SalesCoach
Perhaps I'm misunderstanding your use of the term "Trust". What is "Trust" to you?
I wonder Jacques if what you view as "Trust" others view as "Rapport".



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