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Hub You - Do You Fold Like A Taco?
The Dirty Little Secrets Of The Failure To Leverage The Inside Sales – Customer Service Potential y - and I know that you always stick to your word with your customers - just as I do. My offer stands."How can the distributor take advantage of existing relationships between Inside Sales/Customer Service personnel and customers? This age-old question has caused managers to implement a variety of approaches in the attempt to tap perceived potential, but many fail and the question persists. Why?Most firms do not have adequate measures installed to determine who does what within an Inside Sales/Customer Service group. For lack of measure He looked at me and there was a long silence. He said "Kim - I never thought of it that way. I will go ahead with your proposal." HOORAY! 2. Don't start your conversation with price. Give your customer the investment only after they understand the major benefits of your product or service. If you start with pr Education Based Marketing Have you ever eaten a soft taco? The shell isn't hard - it is soft - and folds over really easily. They are delicious! In business, however, I see too many people fold like a taco when they are negotiating with a customer.We are a society of information junkies. We thirst for information every single day. When we consider our own buying habits, where do we go? If it is a big item we might go to Consumer Reports or search for information online. We will certainly go to Google or Yahoo and search for whatever it is we want.One of the very best examples of "Education Based Marketing" is seen at www.askthebuilder.com. That web site is packed full of in It's not pretty. The customer may not even be asking for a discount/added value but at the slightest sign of hesitation a.k.a silence - the salesperson drops the price or keeps throwing in extras "to sweeten the deal." This isn't called selling - it is called Folding Like A Taco. Get Comfortable With Asking For The Investment This Sales Diva does not believe in CLOSING the deal with a customer. I see it as OPENING the door instead. I also know that in a relationship (which is what you should have with your customer by the way) there is some give and take involved. But you can't be the one doing all the giving! So follow these 4 steps: 1. Come in with your best offer right out of the gate. Years ago when I sold television advertising with Canada's largest networks - I had a client that always asked for every concession FIRST and then they tried to bounce the offer back and forth between competitors. However I have always had one rule. Integrity. I will never forget the conversation with my customer. When he said the other TV station had dropped their price, I asked the owner a question. "Roger - what would have happened if I hadn't brought this proposal to you? You would have paid the full price that they were asking. In essence - by dropping their price so quickly - they have shown you they were overcharging you in the first place. I brought you the best offer right out of the gate. Our product is like yours - extremely high quality - and I know that you always stick to your word with your customers - just as I do. My offer stands." He looked at me and there was a long silence. He said "Kim - I never thought of it that way. I will go ahead with your proposal." HOORAY! 2. Don't start your conversation with price. Give your customer the investment only after they understand the major benefits of your product or service. If you start with pri Improving Management of Your Business o sweeten the deal."All companies have business processes that can be improved. Most companies can benefit from automation or further automation of solutions.Improving Management of Your BusinessImproving business processes is all about a work flow plan, often graphic, and implementation of automating and organizing work processes. It is also a way of defining software architectures and applications. Business process solutions help an enterprise mo This isn't called selling - it is called Folding Like A Taco. Get Comfortable With Asking For The Investment This Sales Diva does not believe in CLOSING the deal with a customer. I see it as OPENING the door instead. I also know that in a relationship (which is what you should have with your customer by the way) there is some give and take involved. But you can't be the one doing all the giving! So follow these 4 steps: 1. Come in with your best offer right out of the gate. Years ago when I sold television advertising with Canada's largest networks - I had a client that always asked for every concession FIRST and then they tried to bounce the offer back and forth between competitors. However I have always had one rule. Integrity. I will never forget the conversation with my customer. When he said the other TV station had dropped their price, I asked the owner a question. "Roger - what would have happened if I hadn't brought this proposal to you? You would have paid the full price that they were asking. In essence - by dropping their price so quickly - they have shown you they were overcharging you in the first place. I brought you the best offer right out of the gate. Our product is like yours - extremely high quality - and I know that you always stick to your word with your customers - just as I do. My offer stands." He looked at me and there was a long silence. He said "Kim - I never thought of it that way. I will go ahead with your proposal." HOORAY! 2. Don't start your conversation with price. Give your customer the investment only after they understand the major benefits of your product or service. If you start with pr Job Interview Technique - 6 Tips To Get Yours Up To Scratch ing!A job interview can be about the most stressful thing in the world if your job interview technique is not up to scratch. Don’t worry though, some simple preparation along with these tips will help you relax and be more effective on the big day!Research the company first. Try and use the internet and any other resources you can find to get more information on the company and the role in question. You can then use this information So follow these 4 steps: 1. Come in with your best offer right out of the gate. Years ago when I sold television advertising with Canada's largest networks - I had a client that always asked for every concession FIRST and then they tried to bounce the offer back and forth between competitors. However I have always had one rule. Integrity. I will never forget the conversation with my customer. When he said the other TV station had dropped their price, I asked the owner a question. "Roger - what would have happened if I hadn't brought this proposal to you? You would have paid the full price that they were asking. In essence - by dropping their price so quickly - they have shown you they were overcharging you in the first place. I brought you the best offer right out of the gate. Our product is like yours - extremely high quality - and I know that you always stick to your word with your customers - just as I do. My offer stands." He looked at me and there was a long silence. He said "Kim - I never thought of it that way. I will go ahead with your proposal." HOORAY! 2. Don't start your conversation with price. Give your customer the investment only after they understand the major benefits of your product or service. If you start with pr 10 Benefits Of Offshore Outsourcing For High Growth Companies said the other TV station had dropped their price, I asked the owner a question. "Roger - what would have happened if I hadn't brought this proposal to you? You would have paid the full price that they were asking. In essence - by dropping their price so quickly - they have shown you they were overcharging you in the first place. I brought you the best offer right out of the gate. Our product is like yours - extremely high quality - and I know that you always stick to your word with your customers - just as I do. My offer stands."In the first article, “Why Should Your Company Outsource?” I summarized two major types of outsourcing, Business Process Outsourcing (BPO) and IT Outsourcing (ITO). In this article I will describe the unique benefits of outsourcing for small to mid-sized, growth oriented companies with sales ranging from $20 to $250 million.Top 10 Reasons Companies Outsource1. Reduce and control operating costs 2. Improve compa He looked at me and there was a long silence. He said "Kim - I never thought of it that way. I will go ahead with your proposal." HOORAY! 2. Don't start your conversation with price. Give your customer the investment only after they understand the major benefits of your product or service. If you start with pr How To Harness The Power Of Visualization y - and I know that you always stick to your word with your customers - just as I do. My offer stands."We have all heard of the tremendous power of visualization - the process of creating a mental picture of what you want as a means of acquiring or achieving something you desire. While it may seem like a lot of metaphysical mumbo-jumbo, I would challenge you to reflect on the goals in your life that you have realized and conclude that visualization was not an important part of the process.We've all done it in the past - think back to so He looked at me and there was a long silence. He said "Kim - I never thought of it that way. I will go ahead with your proposal." HOORAY! 2. Don't start your conversation with price. Give your customer the investment only after they understand the major benefits of your product or service. If you start with price - I guarantee you are heading down the rocky road of objections. 3. Allow the customer time to think. Just because there is silence doesn't mean you need to start "folding your price." Let them think it over. 4. Look at the word COMPROMISE in a new way. You know what the dictionary has to say on the word COMPROMISE? "A settlement of differences in which each side makes concessions." Look at the word this way: CO-M-PROMISE. Basically it is a promise made by 2 or more people to meet in the middle. It isn't called ONEPROMISE! If your customer is genuinely concerned with the investment - then you have some choices. You can either fold like a taco and drop the price considerably. (Not a Diva recommendation!) Or you can provide added value/decrease in pricing based upon a commitment from them in a volume buy, or repeat business over a duration of time. You can also decrease your price but also delete some of your services as well. Say "I can definitely work within your budget, however, we will have to reduce "this" from the package. Remember - Desperation Isn't Pretty! Once you have established a relationship with a customer that is based upon you folding like a taco - you will find it very difficult to increase your rates in the future. So stick with your guns, believe in yourself and what your business brings to the table! Copyright© 2005
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