Recognising Buying Signals

In our society we're not very good at saying either, "Great!  I'd really like to buy this from you, NOW, PLEEEEEASE!" or, "It's probably OK but not for me!  I don't want it, I don't need it, I doubt if I ever will, and if I did I wouldn't buy it from you, certainly not on those terms!"

Unless of course, you're an Auctioneer, when people will either scratch their nose, pull their ear, wink, nod, wave their hand or a piece of paper, shout, even wave a numbered ping-pong bat at you.  Or else they'll keep still and quiet and do and say nothing.

You have to be 'tuned in', alert and looking out for the 'Buying Signals' that people use instead.  It is hugely important to spot and react appropriately to buying signals.  In fact it can be positively harmful to your business if you don't.

You should respond to a Buying Signal by making suggestions!  If the signal took the form of a question, answer it briefly, but move straight away into making suggestions.

These signals can be misinterpreted so you have to be careful.  The prospect may just be seeking clarification, but at least they are still 'playing ball' with you.  And you have to be aware of what it is they're signalling they're ready to buy!

You need to react immediately to Buying Signals.  These signals can and do go away as quickly as they appear.  If you don't change tack and respond to buying signals by making suggestions, and instead keep 'presenting', it's very likely that you'll talk yourself out of an order that was there for the taking.  Any information you give to a prospect after they've decided to buy from you begins to give them reasons to change their minds.

Then there are the 'Not-Buying Signals'.  You need to be even more alert for these as you don't want to waste your time chasing 'browsers'; you want to be chasing 'buyers' instead!  As you seek appointments or follow up enquiries, you need to sort out the buyers from the browsers, and then lavish your attention on the buyers.  You need easy wins, not hard fought victories (rare piece of military analogy!).

Let the very way in which you prospect help you weed out the non-buyers.  People look in trade directories because they need a tradesman, not to while away a rainy afternoon!  People who buy from suppliers of complementary services to your own need you to add value to their original purchase.  If you have a website and use pay-per-click advertising, choose keywords that are buying queries, not browsing queries!

Types of Buying Signal
Buying Signals can be verbal or non-verbal; they can be questions or they can be statements.  They might even be playing, "If .... then ...." with you.  The verbal signals fall into several categories.  In many cases they can be worded either way.  The most commonly met are the first two, but they are all important signals to be looked out for.

• Repeating a question that has already been fully answered, and generally acknowledging that it has been - "How much did you say it costs?" - Be aware that if it's said in shocked surprise and incredulity, it's a cue for more probing!


• Picturing themselves working with you - "I could see you on a Thursday" - "How often would we need to meet face to face?" - "We'll need to involve Janet"


• Asking for a sample that's not necessarily free - "Can I try it for a month and see if it works?" - "I'll need to see it in action"


• Making positive noises - "That sound really good" - "Who could say no to that?"


• Asking 'chicken' questions - "What will happen if it doesn't produce results?"


• Any statement or question about money - We don't need examples here.  Even if they say it's overpriced, to have got to the top of their priority stack, these comments or questions say they want to buy.


• Asking questions about details - "Which of my people will be directly involved?" - "What exactly will you be doing?"


• Any statement or question about timing - "When can we start?" - "It'll have to be next week" - "Can't we do it in four weeks instead of five?" - "I'm tied up until Thursday" - If this type of signal arrives as a question, you can legitimately avoid answering it by asking back, "When would be best for you?"


• Asking for your professional guidance or opinion - "What do you think would be best?" - "What would you do if you were me?"


• Asking a colleague who's in the room - "What do you think?" - They've decided but they just want confirmation that they're not being daft.


• Mentioning a negative experience with a previous supplier - "Everyone I've tried has been useless!" - These types of comment are actually cues for more probing


• Asking for references or for a personal contact with a satisfied client - Again no examples needed.  It's effectively a no-brainer!  Again they just want confirmation that they're not being daft.


• This leads us on to no-brainers of the 'sledgehammer' variety! - "What happens first/next?" - "Where do I sign?" - "We've looked at other suppliers and we like you best" - "Here's our Purchase Order" - Or they may start to negotiate - "Would you accept £4,000?"

Then there are the non-verbal signals

• Spending time concentrating on just one of your products


• Asking/looking for help


• Touching their wallet or its contents, or their chequebook - Literally or metaphorically


• Changes of body state - Relaxing, moving stance, gestures, skin tone, style of speech


• Getting out their pen - Literally or metaphorically

Types of Not-Buying Signal - Maybe it's time to move on

• Unwillingness to trade commitments - At least unwilling to make their own in return for yours


• Your calls, messages and e-mails go unanswered


• "I really like your suggestion but I need to ........ before we can go ahead"


• Avoiding eye contact when you meet


• "We'd really like you to help us but we just need a bit more time/have some other priorities to deal with first"


• 'Playing' with your product, or looking at many without ever concentrating on one


• Physically moving around a lot, quickly

So what should you do here?  There could be legitimate reasons outside your control, but largely there won't be.  We Brits are just hesitant about coming out with the truth!

You should confirm your interpretation - Ask further probing questions.  You can even ask, "Did we do something wrong?"  This can even be your voicemail, SMS or e-mail when earlier messages have gone unanswered.

Then either leave well alone or make some more enlightened suggestions.

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