GS Logo
The Green Sheet, Inc

Please Log in

A Thing
View Archives

View flipbook of this issue

Care to Share?


Table of Contents

Lead Story

Authenticate to be positive

News

Industry Update

CFPB sues ISOs, acquirer over client scams

Singtel, Trustwave merger to focus on global digital security

EMV migration matrix an asset, chip and PIN a deterrent

Target data breach price tag $252 million and counting

Features

Card Forum: Issuers' advice could benefit ISOs

All eyes in Washington on payments

Apple Pay progress report

The art of questioning

Views

The war on cash

Dale S. Laszig
DSL Direct LLC

Education

Street SmartsSM:
Tradeshows and conferences: A good use of your time and money?

Jeffrey I. Shavitz
Charge Card Systems Inc.

Dispelling misconceptions about 'high risk'

Chris O'Donnell
Instabill Corp.

Help merchants mitigate shoppers' fears of data theft

Hugh Sinclair
ShoppingBlitz

Four tips for maintaining strong customer relationships

Michael Gavin
Cayan

Company Profile

Mercantile Processing Inc.

New Products

Lead management tailored for ISOs, MLSs

Lead Tracking Systems
Lead Tracking Systems LLC

Portable and stationary POS solutions

Android-compatible POS Solutions
UP Solution Inc.

Inspiration

March Awareness

Departments

Readers Speak

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

April 27, 2015  •  Issue 15:04:02

previous next

Boost Your Biz:
The art of questioning

In the world of payments, it's impossible to know everything. The dynamics are constantly changing. Innovation poses opportunities and challenges that test us. Admitting we don't know it all can be liberating. It allows you to focus on asking the right questions at the right time. The art of questioning can lead to greatness.

When approaching new merchants for the first time, seek to understand them. Ask questions, listen carefully. Going down this path each and every time is a direct route to building consensus. Being inquisitive and asking questions genuinely helps clarify merchants' needs and eliminates resistance, oftentimes barriers to sales.

Questions serve multiple purposes

Questions can also help keep a discussion on topic. If a conversation veers off track, rephrase what the merchant has said and direct it back as a question. For example, "Let me see if I understand this correctly. You're satisfied with your POS system, but you feel like you're missing out on repeat business from past customers. Is that a core concern?"

Questions can also bridge awkward silences. Fill the void with a question that either adds to your understanding of the merchant's needs or takes the discussion to the next level. You might ask, as a follow-up to the problem of attracting repeat customers, whether the merchant has a loyalty program, and if so, what it entails.

If, after an initial question and answer session, a merchant seems reluctant, it's fair to ask neutral questions that open the door to improving a merchant's situation or to working together to solve current and future issues. In any event, ask questions to convey that you are sincere about making a difference – even if a merchant isn't ready to sign with you.

Also, after boarding merchants, never stop asking questions. When a merchant calls in with a complaint, ask what happened to find out what went wrong and how to correct it. And check in with merchants occasionally to find out how things are going and what can be improved upon.

Notice to readers: These are archived articles. Contact names or information may be out of date. We regret any inconvenience.

previous next

Spotlight Innovators:

North American Bancard | USAePay | Impact Paysystems | Electronic Merchant Systems