Features, advantages and benefits

You will be able to take any feature and say what it does and what that means for a specific buyer.

Walk into any electronics shop and ask about a laptop. Within a minute you will usually hear about the processor, the RAM, the refresh rate and the battery in watt-hours. The salesperson knows all of it well and is trying to help. You nod, understand perhaps half, and still have no idea whether this laptop will make your Monday any easier.

That gap, between what a product has and what it does for you, is what this lesson closes. The tool is old and simple, and once you have it you will hear the gap everywhere.

Feature, advantage, benefit

A feature is something the product has. It is a fact about the product, true whoever is buying: a 14-hour battery, a 24-hour gym, a policy that covers 40 critical illnesses (an example), software that connects to your bank account.

An advantage is what that feature does. The battery lasts a full working day away from a socket. The gym is open when you finish late. The software pulls your transactions in automatically.

A benefit is what that changes for this particular buyer. The consultant who works from client offices stops hunting for a power point in every meeting room. The nurse on rotating shifts can train after a night shift instead of skipping it. The cafe owner stops spending Sunday evening typing receipts into a spreadsheet.

Notice that the feature and the advantage stay the same whoever is buying. The benefit changes with the person. That is why it is the only one of the three that the buyer actually cares about, and also why you cannot know it in advance.

The bridge phrase

The quickest way to move from a feature to a benefit is a short phrase: which means that. Say the feature, add "which means that", and finish the sentence. Then do it again.

"The software connects to your business bank account, which means that transactions appear on their own, which means that you don't have to key them in on Sunday night."

The first "which means that" gets you to the advantage. The second usually gets you to the benefit. If you are still describing the product after the second one, add a third. You will know you have arrived when the sentence is about the buyer's day, money or worries instead of about the product.

You do not need to say the phrase out loud to buyers every time. It is a thinking tool. Use it when preparing, and the benefits will come out naturally in conversation.

A benefit only counts if this buyer cares

Here is the catch. A benefit is only a benefit if it matters to the person in front of you. The 24-hour gym is a real benefit for the nurse on shifts. For a retiree who trains at 10am, it is a feature they will never use, and leading with it tells them you have not listened.

This is why module 3, Listen more than you talk, comes before this module. Discovery tells you which problem the buyer has, in their words. Then you pick the one or two features that connect to that problem and take each of them all the way to a benefit. The other features can wait until the buyer asks.

Take a home cleaning service with three features: vetted cleaners, a fixed fortnightly slot, and cleaners who bring their own supplies. For a busy couple with a toddler in a Sengkang flat, the fixed slot is the benefit that lands, because they are tired of arranging help every week. For an elderly man living alone, the vetted cleaners matter most, because his daughter worries about strangers in the flat. Same service, different benefit, and you only know which one by asking.

Why sellers list features

If benefits work better, why do so many sellers list features? Partly because features are what they know best. Product training is mostly features, and the specification sheet is the first document a new seller reads. Features also feel safe. They are facts, they are easy to say, and nobody can argue with them.

Benefits take more effort. You have to know the buyer, and you have to commit to a claim about what will change in their life, which feels riskier. But the buyer only cares about the last step, and if you stop at the feature, you are asking them to do the translation themselves, which many buyers will not bother to do.

Before you start the activity, pick one product you know well and write down five of its features exactly as the brochure or spec sheet puts them, without changing a word.

Take five features of your product and write the feature, advantage and benefit for each in a three-column table.

Course

Junxiong-WFG Organisation is an authorised representative of AIA Financial Advisers Private Limited (Reg. No. 201715016G).