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Better Business by Design

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futures for our clients;
optimised and highly profitable futures

 

 

 

 

 

 

 

 

 

 

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It's interesting when you talk to a salesperson that they focus on closing the deal and taking your money. This is an important part of being a successful business, however, it is only one part of the entire jigsaw. The overall picture should be:

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Was there a specific marketing initiative that bought them to us?

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Have they also been to our competitors?

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How much am I selling it for?

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I've got the customer in buying mode what else can I sell them now?

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How will I sell something to this customer again?

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When will I get the opportunity to sell to this customer again?

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Are there specific benefits that I could glean from this customer that would help me sell it to other customers?

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Is the price point right or can I increase it?

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Do they have a friend or colleague that I could also sell to?

For most businesses this would seem a little over the top. But if you're looking to increase your profitability - get your sales people to subtly ask the questions and all of a sudden you've information that will help you plan you approach to increasing your market share.

Before you get to this point, for a lot of businesses, you may need to define a consultative selling approach. For larger purchases taking the time to educate the customer will pay dividends. You can:

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Really get into the benefits to the customer.

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Focus on the strengths of your product/service in a way that prevents competitors from matching your offer.

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Helping them through the miriad of options so they agree with your recommendation.

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Giving them the knowledge that will help them make the decision (preferrably with your business).

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Find ways to get a financial return even if they go to a competitor.

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Take the time to understand the "marginal-net-worth" of the customer and determine suitable discounts to secure the customer.

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Package complimentary products to make the deal more appealing.

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and so on ...

Planning your sales approach effectively and setting your expectations of your sales staff can make a huge difference to the overall success of your business. Give us a call / come and see us / send us an email - the opportunity to increase sales starts here - Better Business by Design.

The Science of Selling

Successful selling is not an art form. It can be defined as succinctly as a process. Getting the process right is the key:

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Defining the Target market

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Reaching the Target market

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What is successful?

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How are your competitors doing it?

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How can you position your business as the preferred option?

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How often should I be in touch?

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What is the purpose of contacting them?

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and so on...

By carefully systematising your approach to customers you can quickly create the environment for explosive growth.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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How are you going to increase your success?

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