Hub You
#1 in Business Subscribe Email Print

You are here: Home > Business > Marketing > Lesson Learnt from a Shopkeeper

Tags

  • sending
  • necessary
  • about
  • simple excuse
  • sales message
  • purchase until

  • Links

  • 10 Web Site Design And Writing No-No's
  • How to Understand Algebraic Notation in Newer Chess Strategy Books
  • Godcience-Science Is Above Everything
  • Hub You - Lesson Learnt from a Shopkeeper

    Performance Metrics - Create a PNL Statement for Analysis
    Performance metrics need to be tracked diligently. This is never more the case than with networking activities. Many computer consultants know they should be tracking specific performance metrics but fail to have a system to actually do so.A Profit and Loss type method for tracking performance metrics works quite nicely. By setting up a PNL statement you can use y
    l not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.

    3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or se

    How to Create an Advertisement to Promote Your Cleaning Business
    Although you may not be a marketing guru, advertising can get your cleaning company noticed by potential customers. But before you spend any of your advertising dollars, decide on your target market. Finding your particular niche and directing your ad dollars to that area will be the most effective way to get clients calling and asking about your services and hopefully sign
    Last week I had a very interesting experience while out shopping. My daughter had requested that I purchase three lever arch files for her while I went about my law full business and as a result I found myself in a small stationers shop.

    I picked up the files and stood at the counter waiting for my turn to be served. I became aware of a disembodied voice repeating “they are two for ?2.50.” At first I just ignored the intrusion but eventually I looked around and realised the voice was in fact talking to me.

    “They are two for ?2.50”, I am sure you are correct thought I but why are you telling me? I finally realised that the gentleman concerned meant that the lever arch files were two for ?2.50 and would I like to purchase four rather than three.

    You may be wondering why I bother to report this little encounter. The reason is simply that there are valuable lessons to be learnt that can be applied to your business regardless of size or the products / services that you supply. What are a few of these ideas?

    1. Before you are able to deliver an effective sales message it is necessary to gain the attention of your prospect. In the example above a simple “excuse me sir” would have sufficed. How do you attract the attention of your prospects? Until someone is listening to you, your sales message is wasted regardless of how good it may or may not be.

    2. No one purchases at the first contact. It would be wonderful if contacting a prospect once would lead to a sale but unfortunately the world does not work that way. Most people will not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.

    3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or se

    Pharmaceutical Investigator Meetings: Improve EDC Training with eLearning
    The accurate and standardized collection of data plays a vital role in the success of a clinical trial. An important step in electronic clinical data management (eCDM) is electronic data capture (EDC).However, the success of EDC is dependent on how well-trained and knowledgeable the clinical research coordinators and associates are in the use of EDC. There are many options
    .50.” At first I just ignored the intrusion but eventually I looked around and realised the voice was in fact talking to me.

    “They are two for ?2.50”, I am sure you are correct thought I but why are you telling me? I finally realised that the gentleman concerned meant that the lever arch files were two for ?2.50 and would I like to purchase four rather than three.

    You may be wondering why I bother to report this little encounter. The reason is simply that there are valuable lessons to be learnt that can be applied to your business regardless of size or the products / services that you supply. What are a few of these ideas?

    1. Before you are able to deliver an effective sales message it is necessary to gain the attention of your prospect. In the example above a simple “excuse me sir” would have sufficed. How do you attract the attention of your prospects? Until someone is listening to you, your sales message is wasted regardless of how good it may or may not be.

    2. No one purchases at the first contact. It would be wonderful if contacting a prospect once would lead to a sale but unfortunately the world does not work that way. Most people will not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.

    3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or se

    Choosing the Right Franchise
    Meet the franchisor and as many of the people in the operation as possible. Ask yourself how you feel about them, do you like them, trust them, enjoy their company? Do you want to “partner” with them for a long period of time as you develop and run your business? Be sensitive to how the franchisor treats you while you are evaluating the opportunity. Are they timely, profess
    ering why I bother to report this little encounter. The reason is simply that there are valuable lessons to be learnt that can be applied to your business regardless of size or the products / services that you supply. What are a few of these ideas?

    1. Before you are able to deliver an effective sales message it is necessary to gain the attention of your prospect. In the example above a simple “excuse me sir” would have sufficed. How do you attract the attention of your prospects? Until someone is listening to you, your sales message is wasted regardless of how good it may or may not be.

    2. No one purchases at the first contact. It would be wonderful if contacting a prospect once would lead to a sale but unfortunately the world does not work that way. Most people will not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.

    3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or se

    Vending Machines For Sale - The Best Place to Start
    Are you looking for vending machines for sale? You are aware that advertisements about vending machines are not like any other ads that you might normally find anywhere. Even in classified ads, are rare. Nevertheless, there are great opportunities for you if you are willing to use the internet to find a vending machine for sale.Some of the online businesses that sell
    simple “excuse me sir” would have sufficed. How do you attract the attention of your prospects? Until someone is listening to you, your sales message is wasted regardless of how good it may or may not be.

    2. No one purchases at the first contact. It would be wonderful if contacting a prospect once would lead to a sale but unfortunately the world does not work that way. Most people will not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.

    3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or se

    5 Sure-Fire Ways to Make Money Online
    There are many ways to make money online today, and thousands of people are earning a substantial income from the comfort of their own homes. How are they making money? With a successful Internet business, of course!Perhaps you want to earn a part-time income from home or start a full-time Internet business. Maybe you're a mom who wants to stay home while earning
    l not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.

    3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or services are you able to bundle together and produce an irresistible offer for your customers?

    4. Measure, measure, and measure. The shop owner priced his offer in such a way that he could easily lose money if a reasonable number of customers would usually purchase two lever arch files anyway. Had I thought to ask I suspect that it is unlikely he would be able to tell me how many files would generally be purchased at one time? Without this information it is impossible for him to know whether he is making or losing money on his offer.

    5. Contact your customers and let them know when you have a special offer. Create special offers just for your most valuable customers. This would be difficult for the shopkeeper in the example because he made no attempt to capture my name or contact details. If you do not keep your information in front of your customers you will be forgotten.

    It is really very interesting just how much there is to be learnt from one little encounter in a shop while purchasing a few lever arch files.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.iadvice.info/article/28405/iadvice-Lesson-Learnt-from-a-Shopkeeper.html">Lesson Learnt from a Shopkeeper</a>

    BB link (for phorums):
    [url=http://www.iadvice.info/article/28405/iadvice-Lesson-Learnt-from-a-Shopkeeper.html]Lesson Learnt from a Shopkeeper[/url]

    Related Articles:

    What NOT To Put In Your Advertising Portfolio

    Marketing a Mold Business on the Web

    Free Ebay Secrets - Success is to Sell - Successful is to Sell More

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com