Sales Strategy – A defined approach

sales customer client

One of the terrifying worries faced by a salesperson is being viewed as too pushy by a customer. We have all heard stories about how people love to shop for their convenience but hate to buy from a forceful salesperson. Customers hate to be a target. So when you are offering to sell in something, do you have a defined approach to avoid this perception? If not its probably the reason why some salespeople think selling is a hard task and struggle with relating to that customer. When it comes down to it, people like to buy from people. When you can get to a point as a salesperson when your relationship with the customer feels more like a general conversation, as opposed to waiting to rattle off features, you know you are starting to make ground. This approach will certainly have a greater chance of resulting in a sale.

Release the pressure

Let’s face it, selling is a very hard job. Positioning a product or service to a customer creates a lot of pressure, particularly when most businesses tend to focus on immediate sales results. To further add to the stress, you may largely depend on your sales bonus for your livelihood. This stress not only affects your mood but also the way you talk to everyone around you, including customers. The burden in your head influences your ability to communicate, and you tend to make mistakes easily. This can result in delivering an over enthusiastic or even aggressive approach.

Unfortunately, this will cause you to lose more sales opportunities than you win. So what do I do? To sell something, you need to talk to your customer with politeness, slowness, and with sincerity. Your body language should portray the same as what you are saying. Be confident and give logical reasons. Tell them why the offering is beneficial, use plain but vivid language, but don’t preach, particularly about features. Add a little humour; it always helps to lighten the mood.

Wellbeing

Easier said than done when you’re stressed right? True, to help with this there’s loads of information out there for reducing stress, including information on your overall wellbeing. Finding the balance between work and play is key. Some of the things to research and speak to professionals about are meditation, sleep, breathing, fitness, diet, exercise and even recognising the signs that you could be stressed.  See this video and Australian Psychology Society for more information on means to reducing stress and your wellbeing.

Do not rush

One of the most effective ways of selling and not being obnoxious is giving the whole thing a lot of time. The biggest mistake a salesperson can make is to rush through the entire affair without giving it the time it needs. Being hasty can cost you a sale. It’s like asking for dinner two minutes after lunchtime; you have to wait so that the endgame can be more satisfying. It could cause you to appear as if you are desperate for the sale. Keep in mind that your prospect has to be as comfortable as possible. You should create a strategy which would help you to organise your sales interaction. At the bottom of this article, we have given you seven steps to help you formulate a plan.

Let the opportunity guide you

Don’t let the opportunity appear as too good because that will get the customer suspicious. After all, if it’s good, that will shine through in the offer. Making the opportunity seem casual or underrated will allow the client to think that it’s a good deal. Ask the right questions, let them do most of the talking. When the customer starts to feel comfortable around you, they initiate the talking themselves. Once you gain their trust, they tend to fall for what you are selling, and it may not be just about the product or service, it could be just about you. Honesty goes a long way; you can get a lot from advising the client if what you are selling is not suitable for them. You may miss the sale this time, but gain the trust for the customer to come back to you.

Don’t let the product dominate conversations

The best way to get in the heads of the customers is to focus on their problems and concerns instead of letting your product be the boss. Get to know their interests, get to know the person. Find out their pain points and figure out ways to solve them. Relate your experience, examples of similar clients and how you have alleviated those problems. You will have a chance to talk about the product or service and be able to transfer to them all the relevant product details, but the key is not to let the product dominate all of the conversation.

Seven Key Points for Sales Strategy:

1) SALES MAPPING: Even before you walk in the door, you should know what the customers business is about and who’s who in the zoo. Align your resources with the client’s people. What previous deals have transacted, where and how? Understand the complete picture. Some things can often be ruled out straight away without creating a lot of work unnecessarily.
2) INTRODUCTION: It’s key that everyone knows who everyone is, whether it be in a meeting or any interaction.
3) PEOPLE: Introduce, the right people at the right time to the opportunity. It’s crucial you only bring others to back you up at the right time. Someone sitting in a meeting not adding value only makes it awkward for everyone. Too many salespeople bring people along just for the sake of it.
4) KNOW YOUR OFFER: No one expects you to know everything. However, you should be knowledgeable on at least 80% of what you are trying to sell. As soon as you bring in a specialist, it’s saying, ” I don’t know anymore”.
5) AGENDA: Set the agenda including the main point of the communication. Check with the customer to confirm that the agenda will cover what the customer wants to get out of the interaction.
6) DISCOVERY: Remember the 80/20 rule. 80% listening, 20% guided discovery. You may be the expert and can guide them along, but you should never walk out of a meeting, thinking, gee’s I talked a lot then!
7) SOLUTION PITCH: You must address all the key pain points the customer has revealed in your pitch. Play these points back to the client and then relate how the solution benefits them and address each point. Try and steer clear of features and stick to highlighting the actual benefits that relate to them. For example, “this car has a 240kw Efficient Turbo Diesel Engine”, only talking about a feature. Compared to the advantages/benefits of your offer; “this car is powerful enough to tow a large caravan, without showing any strain on the engine. The high-efficiency engine means you can drive between Melbourne and Sydney and back again on one tank of petrol, costing you around $110 in fuel”.

If you follow all these steps, tips and advice you’ll be able to sell to your customers with a greater degree of success than before.

Author: Sales Professional

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Should I move or renovate – money and disruption

Renovate bathroom home money disruption
  • Is staying in your location really necessary?
  • Do you have the budget?
  • Does the floor plan need changing if I relocate?
  • How much temporary disruption to my lifestyle can I handle?
  • Will renovations increase your home’s value?
  • What’s your long-term plan for the home?
  • How does moving affect property taxes?
  • What effect will this have on my mortgage?

Once you’ve answered these questions, you may be leaning more toward one option over the other. If you’re still unsure, here are some pros and cons to both choices.

Relocation Benefits

  • Fresh start: You have the opportunity to begin new! The chance to meet new people, and move away from something you don’t like. It may be the opportunity to change your everyday scenery.
  • Extra money: Perhaps you want to move, but don’t want to sell. You can use the house as a source of income by renting it out.
  • Renting: Maybe now is the time to consider renting? See our other article relating to the benefits of buying or renting a home.
  • Personal gain: Maybe the house you’re leaving is too large or too small now. Relocating gives you the option to find the house that suits your needs now.
  • Moving: When you move, clutter and useless items can be discarded.

Relocation Disadvantages

  • Taxes: Generally, you don’t pay capital gains tax if you sell the home you have previously lived for more than a year. However, if within this period, or if its not your primary residence, you will be up for some taxes if you sell the property. Additionally, you can’t claim income tax deductions for costs associated with buying or selling your home. Most states charge stamp duty when you buy a property, including a home.
  • Moving: When you relocate houses, it is known to be a very stressful activity. Something that may not be needed at this time in your life. There are costs to loading everything into a truck; whether it’s for moving across the street or town. Moving causes disruption in our lives until we develop a new routine.
  • Selling: If you decide to sell your home, the process could take months, leaving you with more expenses. Money can be “tight” if you’re stuck in this position.

Renovation Benefits

  • New look: Remodelling allows you to recreate an old space into something new, by giving it new life.
  • Cost efficiency: If you could consider taking on one room at a time, there is no large upfront cost. You can update what you need so that it fits within your budget. You don’t have to renovate everything, just what you want. There’s also the chance to take on some of your renovations in a DIY fashion.
  • Personal touch: Your individual needs are met when you renovate. Whereas buying a new home may have a few features you want, but not all the features.
  • Familiarity: You already have a comfort level for the house and how everything operates within.

Renovation Disadvantages

  • Key issues: If your home needs a complete overhaul, wouldn’t it just be easy to buy something already built with most of your needs?
  • Do the numbers stack up:  Is the investment worth it after you crunch the numbers, particularly when you are looking at renovating the whole house?
  • Money difficulties: If you don’t have the cash, remodeling can require a homeowner loan, which generally is loaned at a higher rate than a regular home loan. You would need some equity or security. It may be difficult to get approved.
  • Permits: Depending on what you’re changing in the house, you may have to get building permits particularly if some structural changes are needed.
  • Construction: Remodelling means

Closing Summary

When deciding whether to stay or go, there are a number of factors to consider. These include your budget, your needs, and your long-term plans for the home. If you decide to stay, you may want to consider renovating your home. This can be a cost-effective way to update your home and make it more comfortable and stylish. However, it is important to be aware of the potential costs and disruptions involved in renovations.  If you decide to move, you will need to consider the costs of moving and selling your home. You will also need to find a new home that meets your needs and budget. Ultimately, the decision of whether to stay or go is a personal one. There is no right or wrong answer, and the best decision for you will depend on your individual circumstances.

Here are some additional tips for making your decision:

  • Talk to your family and friends about your decision. They may be able to offer you valuable insights and advice.
  • Do your research. Read articles and talk to experts to learn more about the pros and cons of staying or going.
  • Make a list of your priorities. What is most important to you in a home?
  • Get a financial advisor. They can help you understand the financial implications of your decision.