Corporate Fast Track

right kind of promises

Quit Saying "I Can Save You Money"

Quit Saying

Quit Saying "I Can Save You Money"

Do you want to be sure that your sales call is moving forward so that your customer buys? Of course you do. Don’t make the following mistake, or your call will come to a screeching halt and you will walk away without a deal. You might even make your customer angry.

The mistake is saying five simple words: “I can save you money.” There are salespeople who start their sales call by making this claim. They think they know their market, their products and the competition. These salespeople think they have a general idea of what they can do for their prospects. If you’re doing this, you had better change the way you start your sales calls and stop this opening immediately.

How can you be so sure that you can save a prospect money even before you know anything about his specific operation? When a customer hears that you can save him money, you imply that you know what they’re paying. Most salespeople don’t really know.

You would have to know about any discounts they may be getting from buying in large quantities. You would have to know about their management practices and how lean their operation is. Do you know how often your prospects buy? Do you know all the discounts they get? Do you know their operating costs? All these variables contribute to their pricing models. Most salespeople calling on prospects simply don’t have this information.

The “save you money” opener leads to a negative assessment of a prospect’s negotiating abilities and strategy. By claiming you can save someone money without knowing what he’s paying, you really are telling that person that he is a bad negotiator. That person has already negotiated a deal to pay for a product he’s already buying. If you can save him money, he’s made a bad deal. Is this the impression you want to make when you start a sales call? I don’t think so.

It’s a bad idea to start the sales call by claiming you can save your customer money without knowing all you can about her business. Rethink your opening strategy if you do start sales calls this way. What you may not realize is that you are calling your customer an idiot. Even worse, you may not know that you’re showing the customer that you’re one, too.

Share with others:

Smart Comment

Add Your Smart Comment

About the Author

Maura Schreier-Fleming

Maura Schreier-Fleming, 

Maura Schreier-Fleming is the President of Best@Selling (www.Bestatselling.com.) Maura works with business and sales professionals on real-world skills and strategies so they can sell more and be more effective at work. She offers programs on Persuasion, Strategic Questioning, Selling Strategy and Selling When You’re Not In Sales. She interviews her customers before developing customized presentations. Her clients include Chevron, UPS, Fina, TDIndustries, the Houston Texans, Capital One, TAC Americas and Fujitsu. She speaks at trade association conferences across the country and internationally. Clients have reported shortening their sales cycles, closing more business and increasing sales effectiveness.

Related Articles

Get Inspired

Free w2wlink Newsletter...

w2wlink Newsletter

Twice weekly newsletters with articles from the experts, and member access to site articles daily. Learn More

Get Results

Actionable Learning...

Professional Tracks

Hot topics in areas key to leadership, career growth and entrepreneur business growth. Connect with the expert and peers within a community learning environment. Learn More

Get Connected

Professional Networking...

Network Circles at w2wlink.com, profile - group - connect

Private groups on shared career focus areas - Corporate Fast Track, Entrepreneur Journey, Career Transitions and more. Learn More

Watch a short video on the benefits of w2wlink.com Network CirclesWatch: The Benefits of Network Circles (2 min)

Also on w2wlink.com

w2wlink Presents the 4th Annual Ascendancy Awards

Submit your nomination or application form by January 31

Knowledge Bank

Knowledge Bank

How to Tell a Bad Customer from a Good One

Working from Home: A Survivor’s Guide

10 Tips for Women in Business

Networking Benefits all Careers

Tips for Networking Inside and Outside Your Office

Video: In Parenting Gender Matters

Parenting Expert Kathleen Fischer

First Woman Nobel Prize in Economics

Elinor Ostrom- First woman to win a Nobel Prize in Economics

Video: Nina Atwood on Financial Advice for Couples

World's 100 Most Powerful Women

Diversity is showing up!

Blacktino

Your Style: Classic is Key

How to Be Heard in Meetings

The Art of Interruption

Otara - A Story of Passion, Power, and Entrepreneurship

A Woman's Journey to Realize her Dreams

Returning Mothers – Sustaining Careers, Preserving Happiness

Advice for Women Re-Entering the Work Force

Negotiating Successfully with Children

Guidelines to negotiate successfully with your children

Style Tips to Project the Right Image at Work

Be Professional and Stylish