| The topic of this article is to describe why getting a | | | | hesitant to provide a prospect a price of my HR and |
| price for an HR and Payroll software application is not | | | | payroll software system until I was able to show the |
| as easy as getting a price on a house, a car, or a new | | | | added value. This is not only salesmanship; it's also |
| pair of shoes. Think of all the decisions you would | | | | good service. It's important that you not base your |
| have to make, before getting an accurate price, if you | | | | decision for HR and Payroll software only on price. |
| were going to build your own home. | | | | The best value may not be the lowest price but may |
| Using Google Adword's keyword tool, I did a little | | | | be found in the closest match to your company's |
| research into how many people in an average month | | | | unique needs. You may be impatient to see the cost, |
| are searching for the price of HR Payroll Software. | | | | but in the example above, the customer wins by |
| The resulting numbers are lower than I might have | | | | waiting. |
| expected. Still, per month, just on Google it appears | | | | There are sales training courses which teach sales |
| that at least hundreds of people are searching for the | | | | people to say in control of the sale by holding off on |
| cost of HR and Payroll software based only on the | | | | providing a price as long as possible. I am not one of |
| keywords I uncovered below. | | | | those that agree with this strategy but you may very |
| Keyword Average Searches Per Month | | | | well see it. |
| - HRIS Price 12 | | | | The HR and Payroll software companies want to |
| Cost of HRIS 58 | | | | keep the prices as secret as possible. Part of the |
| HRIS Costs 170 HR and payroll software pricing 36 | | | | reason is what I have laid out above but these |
| HR asnd Payroll software prices depend on too many | | | | companies are also very secretive about their prices. |
| variables to simply offer a quick quote | | | | The least expensive systems on the market have no |
| In the past, I worked with one HR and payroll product | | | | problem publishing their prices. The more expensive |
| that offered 15 unique product options, two platform | | | | and comprehensive systems on the market are much |
| options, and two purchase options. The cost of that | | | | less likely to do so. |
| system for a 200 employee company varied | | | | So can web sites actually provide quick quotes for |
| tremendously. This price could have ranged from | | | | multiple HR and Payroll software applications? |
| $3,000 to well over $40,000. So, if someone simply | | | | NO! For the exact same reasons I have laid out here, |
| asked for a price, or even a ball park price, it was hard | | | | the HR and Payroll software vendors aren't going to |
| for me to present one without knowing exactly what | | | | provide the cost without understanding who the |
| options they were interested in and what their needs | | | | prospect is and what their needs are. So, the site I am |
| were. Often times the prospect did not know either | | | | referring to without mentioning them by name, simply |
| until I performed a needs analysis and/or showed a | | | | distributes your information to a number of HRIS or |
| demo. | | | | HRMS vendors and then let's those individual vendors |
| HR and Payroll Software Salesmanship | | | | contact you, and after a needs analysis and perhaps |
| As an HR and Payroll software sales person, if I are | | | | even a demo, the "free HRIS quotes" can be provided. |
| selling product X and knew my competition offered | | | | There's nothing quick about it; nor would you want it to |
| half the functionality and 30% less on cost, I would be | | | | be. |