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Don’t think the trigger event sale is a marketing buzzword that often markets describe to increase sales. Rather, think of trigger event selling as your opportunity to get more hot leads. Remember that, time plays the most crucial role in marketing and you have to utilize it well in trigger events.
Marketers often face challenges in finding the right opportunity for selling or upselling products. Sometimes doing extra might not work for engaging with potential customers. On the other hand, leaving them unattended is not the right approach. Hence, finding the right time to incorporate examples of trigger events in marketing elements into practice becomes essential.
It’s quite normal that every business wants to increase sales volume naturally. Therefore, they wait for the right time to shoot the sales volume and gain from it. Trigger events provide different trigger strategies and opportunities by upselling the products.
This blog aims to explain how the trigger event selling opportunities benefit sales efforts in detail. Here you will explore the mechanism of trigger events and understand how you can utilize its benefits.
Let’s begin!!!
A. Understanding Trigger Events
A trigger event sale is a kind of incident that provides businesses with opportunities to upsell their product or services. Triggering sales events can have many reasons but it helps businesses reach out to more interested customers. However, time is the crucial factor in triggering events and businesses wait for the right time to experience trigger event examples.
Promoting the brand too early or too late might not bring the best results when you experience the trigger events. To grab the opportunities of this event, you need to identify the right moment first. If you are expecting these events then you need to start working on your sales triggers examples pitch now.
B. When Trigger Events Occur
Have you read “Shift: Harness the Trigger Events that Turn Prospects into Customers”? Craig Elias has written the book, which is all about the right time for trigger event selling. Craig has mentioned time as a silver bullet to explain its importance in sales. He mentioned that when a brand approaches a customer at the right time the chances of conversion get high.
At the right time, customers would indeed likely purchase a certain product, which in normal times was not possible. But what makes business determine the right time? Well, to know the perfect time, your businesses need to wait for customers to enter the Window of Dissatisfaction. This window is perhaps a phase when customers are looking for new options.
Can you guess how much chance your business has when customers get into this phase? Well, your business might have this chance by 60% to 90% at this phase. This cycle lasts for a short period and thus you need to do your work as quickly as possible to gain the opportunity. If your business is expecting an engagement-based trigger event next then you must not waste time in maintaining data records. You can simply outsource data collection services to get all relevant data at your disposal.
Read Here – 9 Market Research Tips to Get Better Business Insights
C. How to Utilize Trigger Event Selling
Trigger events are the strategic trigger sales and marketing approach to boost your sales game. To get the benefits of these events, you need to frame different trigger strategies first. It happens by paying close attention to significant changes or happenings within a potential customer’s company. Hence, the basic idea is to identify these trigger events and capitalize on them to present your product or service. It comes as a solution perfectly timed to meet the evolving needs of the prospect.
Here are a few things you need to keep in mind to utilize trigger events to boost your sales.
I. Identify Trigger Events
Start by keeping your eyes and ears open to see which things are changing. Scan the news, follow social media, and keep tabs on company announcements. Look out for things like mergers, acquisitions, new leadership, product launches, or any other noteworthy changes. These events can be golden opportunities for you to step in. Also, stakeholders always look at these things first to start with new things. You need to refer to the examples of trigger events in marketing to realize everything.
II. Understand Implications
Once you’ve spotted a trigger design event, don’t just stop there. Dive deeper. Figure out how this event might shake things up for the company. What new challenges might you face, and what opportunities could arise? Understanding the implications of the trigger event sale is crucial for tailoring your pitch effectively. You need to consider all implications, whether bad or good, everything.
III. Tailor Your Approach
Now, it’s time to craft your sales triggers examples pitch to get it done. Highlight how your product or service is the missing piece of the puzzle. Project that it is the solution to their newfound challenges or the perfect match for their fresh opportunities. Show them that you get it – you understand what they’re going through. Customers must realize that you’re here to help them.
IV. Timing is Crucial
Timing always matters. Take your time in too early when the dust from the trigger event selling has yet to settle, and they’re still figuring things out. But don’t be fashionably late either. Therefore, aim to strike when the iron is hot when they’re actively seeking solutions related to the changes in their organization. Turn the window of dissatisfaction into your benefit but positively.
V. Personalize Communication
Generic pitches won’t cut the ice at all. You need to have different trigger strategies for that. Hence, you need to personalize your communication. Always reference the engagement-based trigger events exclusively. However, this isn’t just about showing that you did your homework; it’s about demonstrating a genuine interest in their situation. People including potential customers would appreciate it when you take the time to understand their unique challenges.
VI. Provide Solutions, Not Products
Your product or service isn’t just a thing; it’s a solution. Position it in that way when you are expecting trigger event selling. How can what you offer directly address the problems or opportunities that have emerged from the trigger event examples? Paint a clear picture of the value you bring to the table. Customers must take your products as a solution not just have them to stuff their space.
VII. Build Relationships
This isn’t a one-time transaction with your customers. It’s about building a relationship for a long time. Therefore, you need to take a humane trigger sales and marketing approach and show empathy. Remember that, your goal is not just to make a sale but to become a trusted partner. Trust is the foundation of lasting business relationships, and trigger events are no exception.
VIII. Continuous Monitoring
The business world is ever-evolving and accommodating changes every time. Once you’re in the trigger events game, you can’t afford to rest on your laurels. Keep an eye on your business prospects. Stay updated on what’s happening within your organization. New trigger design events may pop up, giving you new opportunities to shine and aid your growth opportunities.
Trigger event selling is about being vigilant and understanding your prospect’s world. It is all about presenting your solution at the perfect moment. However, always remember that it’s a dance of timing, empathy, and clear communication. So, keep your eyes open, and stay flexible to accept changes. Wasting time in collecting and managing data would not help here. You can delegate the task to outsource to get more time for managing trigger events.