We’ve all been there – concern and uncertainty, leading to
worry and even panic…. all driven by that one basic business conundrum. How do
we convert prospects, leads, enquiries into sales?
Well, to help you on your way to Sales Nirvana, here are three
of six basic steps to remember when you need to make that sale.
Firstly, Be Confident.
Take your time to consider your product or service. Think
about how it can truly benefit the recipient or client. Put yourself in their
position – what are the benefits that using you, your product or service can
provide them with?
Think FAB – that’s Features, Advantages and Benefits.
Analyse what your product or service does, how this can provide your customer
or client with an advantage, and then think of the benefit that they will get
from using it. And remember, it’s the Benefit that counts! Features are all
well and good, but do they actually translate into a tangible business benefit
– that’s what’s important to your customers. Remember that while your product always has the same
features its benefits may vary depending on context.
Secondly – stay in contact with existing customers
Remember, it’s far easier to sell to someone who’s already
bought from you. They have already gone through the process of differentiating
your offering from similar ones that your competitors provide. In essence, that
means that, unless your customer service was truly abysmal (and let’s hope it
wasn’t), you have an excellent chance of selling to them again.
Moreover, it costs far less for you to sell new products or
services (or more of the same) to an existing customer, because achieving a
‘conquest sale’ is effectively ‘dead time’, until the actual sale crystallises.
Thirdly – Develop new products
Keep innovating – it’s a mantra that smaller businesses
traditionally excel at. After all, SMEs
costs of new product/service development.
And, importantly, don’t forget the costs associated with NOT developing.
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