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Sales & Marketing | ||
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Selling to Women: The Myths, The Realities By Gerry Myers |
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Separating truth from fiction can be difficult at times. While the myths surrounding
marketing and selling to women are numerous, they are also easy to dispel.
Myth: To sell to women, just make it pink. Reality: My favorite, the Pink Myth, was created by manufacturers and retailers who decided the best marketing strategy when targeting women was to make it pink. While a lovely color, pink is just that-a color. It is not a marketing tool. In fact, it is often a roadblock to success. For example, the 1950s rose-colored Dodge Le Femme lasted a mere two years and sold less than 1,000 units. Likewise, the Cadillac Baroness and Pontiac Parisian, both blatantly targeted at women, were low sellers. Even though these marketing ploys were flawed, automotive manufacturers weren't alone in their miscalculations. Many have tried to capture the female market by "coloring it pink." As more women traveled for business, hotel rooms turned pastel. In the late 1950s, Royal made a pink typewriter. Tires, running shoes, tool sets and even gun grips have turned pink in pursuit of the feminine buyer. As in the days of yesteryear, the female consumer today is interested in far more than color. She wants to be respected and appreciated as a customer, not stereotyped and patronized. She demands professional, knowledgeable salespeople, not someone pandering her. She needs to build relationships based on trust and integrity, not lies and half-truths. Myth: You will lose male customers if you target women. Reality: Manufacturers, brand managers and dealerships have wasted a lot of energy worrying about losing their male customers if they are successful with females. This isn't going to happen for a number of reasons, including:
Myth: Little things aren't as important to women as big things. Reality: Little things are big things to women. How a woman is treated can be as critical to the sale as the product or price. In fact, most of the time, it is more important. Women are value-added consumers. They will pay more if they perceive value in it. Conversely, they will terminate the sales process if they feel they are talked down to, ignored or told to bring their husband in to discuss the finances. Myth: There is no difference between men and women so salespeople need no special training or information. Reality: To comprehend why women buy what they do, you must understand that their decision-making processes and motivators are different from men's. Automotive salespeople need to realize when a woman walks into the showroom, her life experiences probably include personal car buying horror stories, awful reports from friends and negative TV exposes. By trying to understand how she feels and thinks, rather than judging her "chip on the shoulder" attitude, you will be in a better position to complete the sale. To improve your knowledge of women, you can:
Myth: Given an identical set of circumstances, men and women will generally react the same way and come to basically the same conclusions. Reality: Men and women have different physical characteristics, brain construction, hormones and life experiences. These result in our being unique individuals with distinct personalities and traits. While many characteristics are innate or developed in response to the norms of our society, others reflect our gender. To be successful with women, accept the reality of our differences and use them to your advantage. Build relationships and rapport. Create a win-win-selling situation. Then watch your business grow and prosper. Gerry Myers, president of the Myers Group, provides consulting, keynote speeches and training on marketing and selling more effectively to women. She is the author of "Targeting the New Professional Woman." gmyers@dealeronline.com
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