This quote identifies the five main challenges that one encounters in the process of making a sale. These obstacles are no need, no money, no hurry, no desire, and no trust.
‘No need’ refers to the potential buyer not having a need for the product or service being offered. If someone doesn’t see a need for what you’re selling, they’re unlikely to make a purchase. Thus, it’s crucial to demonstrate how your product or service can fulfill a need or solve a problem for the customer.
‘No money’ is straightforward. If a potential customer doesn’t have the financial means to purchase a product or service, a sale cannot occur. Therefore, it’s essential to target the right audience, those who can afford what you’re offering, and ensure your pricing aligns with their budget.
‘No hurry’ refers to the lack of urgency. If a potential buyer doesn’t feel a sense of urgency to buy, they might postpone the decision, and the sale might never happen. Creating a sense of urgency, perhaps through limited-time offers or highlighting the immediate benefits, can help overcome this obstacle.
‘No desire’ means the potential buyer doesn’t want the product or service. This could be due to a lack of interest or because they don’t see its value. Therefore, creating desire is key, which can be done by showcasing the benefits and value of your product or service.
Finally, ‘no trust’ refers to the potential buyer’s lack of trust in the seller or the product or service. Trust is crucial in any transaction, and building it requires time, consistency, and delivering on promises.
In today’s world, these five basic obstacles are as relevant as ever, whether in traditional face-to-face sales or in digital marketing. They can also be applied in personal development. For instance, if you’re trying to adopt a new habit (the ‘sale’), you might face similar obstacles: seeing no need for the change, not having the resources (time, energy), not feeling an urgency, lacking the desire, or not trusting the process or your ability to make the change. Identifying these obstacles can help you address them and successfully make the ‘sale’ or change.