Contactless payment use in the UK has soared in 2017, with the amount spent in-store using...
There is an old expression that says: "If people know you and like you they'll listen to you, but if they know you, like you and trust you they'll do business with you."
We live in a world where nobody trusts anybody anymore. We don't trust politicians, the media, bankers and, of course, anyone who's trying to "sell us" something. After all, they just want our money, right?
So if you want to grow a successful business, then you are going to need to learn and master "trust-based selling" or life is going to be very tough for you.
Think about it: you'll need to sell suppliers into giving you credit when you start up, persuade a bank to lend you money, attract talented people to work for you before you're an established brand and finally get customers trusting you to deliver the product or solution you've promised them.
The question we all need to be able to answer is: Why should I trust you?
To grow your business in a world of mistrust, you'll need to build trust and credibility in three key areas:
- Your company
- Your products
- Yourself and your credibility
In my experience your personal credibility will be responsible for as much as 50% of your score.
Here's a quick exercise to help you get started:
Take five minutes to write out the stories and facts that build up the trust behind each area.
Your company: Think about numbers - how many customers you've served, how many years you've been in business, how experienced your team is and why you believe what you believe. All this builds emotional trust with people.
Your product: Here we can use tools like features, facts and benefits, case studies and client success stories. Before and after photos are huge trust builders and can be used in almost any industry.
Your experience: Tell the story of your struggle and how you got into this business. People love to know why you are doing what you do as it leverages their trust factor. You can also be upfront about what you're not always good at; people will trust you more if you're transparent.
Once you have these trust generators, use them in all your presentations to potential customers and suppliers, during recruitment interviews and on your website.
Just remember, once somebody puts their trust in you, make sure you deliver what you promise - trust is a fragile commodity, it can take years to build and a moment to lose.
Sponsored post. Copyright © 2016 Paul Avins, author of The Authority Guide to Trusted Selling: Building stronger, deeper and more profitable relationships with your customers to create lifetime loyalty.