Today in the 21st century, better mousetraps are built on a daily basis. Just because you have a better product. Doesn’t mean that the product will automatically sell itself and make you rich! And to sell your product, Sales Strategies will help you to boost your sales.
Why do You Need To Know Sales Strategies And Tactics?
In the past, people weren’t swamped with tons of advertising. Anything new or better was easily noticed by the masses because there wasn’t much competition. You are fighting an uphill battle against the masses of advertising campaign and customer skepticism. It will take more than a few satisfied customers to make you rich.
You will need to get the word out to the people. You can’t just sit still; Just you need to focus on constant education of Sales Strategies. You need to convey the benefits of your new product. In such a way that people will want to buy your brand over the other competitors out there.
The most important of all, you must learn Sales Strategies first! Show them that you are different, better, and extraordinary. You must have a unique selling point and you must tell the masses all about it.
Do whatever it takes to ‘shock’ your audience and give them something to remember. There are many ways to make money today but any industry that is profitable will attract many other competitors into the market. If you are in network marketing, it doesn’t help if you keep on talking about how good your network marketing company. It doesn’t matter how great their product is or how well is the company’s background.
If you are with a good company, they probably know how good your company is. But the key question is this, if we wanted to start a network marketing business. Why should we join you and not the charismatic leader on stage with a thousand down lines in his team? In other words, what can you offer that will set you apart from the others? (Remember, people join you, not just the company!)
Cold Calling for Marketing Strategies-
Have you heard of the word – ‘cold calling’? Have you ever wondered why people coined the term ‘cold calling’? Because you will most probably receive a ‘chilly’ response on the other side!
Let’s be totally honest with ourselves here. You don’t like to receive a call from a stranger (unless you are extraordinarily friendly or if they inform you that you’ve just won the lottery). Nobody likes to receive a call from a stranger, especially one who is trying to sell you something.
Cold calling is one of the most ineffective ways to ‘market’ a product. By intruding into the privacy of a prospect that isn’t too keen on receiving your call. You will also need to overcome tremendous resistance and have nerves of steel (to withstand the rejection). It does nothing to educate the customer about your product and you won’t get very far with your sales force.
In the 21st century, the seller doesn’t go to the buyer. The buyer finds the seller and the ball should be on the seller’s court. If the buyer is the dictator, they will look down on the seller. And it becomes very difficult to communicate the benefits of the product because they don’t have an open mind!
People prefer to seek out their own merchants. All they need to do is switch on Google and type a few words into that little box. They don’t need a salesman to call them up during their dinnertime to tell them how their latest lawnmower will change their life!
When Contact Your Customers Also Part of Sales Strategies
When you join certain sales organizations or network marketing companies, they will keep telling you to, “See the people, see the people”. However, do you have the slightest guest at how the other party feels about them? Put yourselves in their shoes.
If you are a salesman. When you are driving all over town trying to meet up with all your prospects during lunch then you are probably frustrated. Getting stood up or meeting up with unenthusiastic clients who are not too happy to see you to begin with.
Just like cold calling, cold contacting these prospects is not the best way to communicate value to them. Even if it is done face to face. Once again, you are going to them and they are not coming to you. A lot of network marketing reps run all over town trying to ‘show the plan’ to their prospects. Only to result in rejection or an unenthusiastic response. They think just because they get time in front of their prospects. They will become millionaires if they do it over and over again.
You see, it is hard because the customer doesn’t perceive you as an expert and will not respect you as one. The customer is also not as educated about your product or service. Therefore, you will be facing an uphill battle to win their attention. Sometimes you may be very nervous because they are in command, and you are not!
You might even become worried about your running cost and your ‘conversion’ rate. Because you have to spend a lot of time going through the no’s before you get to a yes! Marketing is not sales. ‘Sales’ is not marketing. Don’t confuse the two! Trying to start a business without proper Sales Strategies will lead to frustration and failure!
Why Advertising so Important for Sales Strategies?
There are many out there who paste a whole bunch of flyers, brochures, name cards, sign boards and pointless advertising out there hoping to score some sales or get strangers to call them.
If an expert in Internet marketing decides to paste a signboard on top of a tree. Do you think his prospects will respect him if they see that sign? Definitely not! Neither would your prospects respect you if you do the same! It is also pointless to put name cards or flyers all over town hoping that people would see your name card or your flyers and somehow, be impressed by it and call you up with a credit card in hand, ready to buy.
History has shown that any form of advertising without a proper way to track your sales only leads to ineffective marketing or worse. Unless you are some sort of corporate giant like Coca-Cola, advertising campaigns that do not solicit direct response is a surefire way to burn a hole in your wallet.
Most sales people are too eager to pamper their customers in order to win over their business. They beg and cajole their customers to buy their products and services while the customer takes full advantage of their ‘need’ to please them only to reject their offer when they are done ‘using’ them.
Make no mistake about this. If you are willing to bend over backwards just to win over your customer, you are in for a disappointment if you put your customer too high up on a pedestal. Neither would we respect a sales person who gives their phone number, fax number, e-mail address, pager or even their house address in an eager attempt to prove how good their customer service is in an attempt to score a sale!
Network Marketing in Sales Strategies-
Customers are not stupid. They know that the first thing they do after they sign on the dotted line is to run into a whole bunch of lazy customer service guys or an annoying call waiting for the song as they get you to hold the line. If you want to be truly effective in your business, you must learn unique Sales Strategies to boost your sales.
Not all prospects are quality customers and if you bend over backward trying to please every single one of them. Your business will suffer in the end. You would rather work with a few quality customers than squeeze an unwilling prospect to part with their money. Only to wind up with more customer support issues, complaints, and bad word of mouth due to dissatisfaction!
You will get this a lot when you join network marketing companies (or in some sales training). You, a network marketing rep join a company. They get you all riled up about financial freedom and loyalty to the people who brought them in that they will go all out to do the business!
There is nothing wrong with strong willed determination and one-track minded pursuit of success. It is commendable and essential for getting through the trials and tribulations of running your own business.
The problem surfaces not as a lack of determination but as a lack of feasibility. Some network marketing businesses (and many others in the real world) have a good system while others don’t. If the management isn’t doing their job or the team resorts to unethical or strong-arm tactics. Then it gives you a good reason to bail out – especially when you are not making money or you are building it at the expense of your loved ones and you are not paying your bills!
There Are Two Ways You Can Look at Sales Strategies
1- You do not listen to your up line or do what is necessary for success. You do nothing to improve yourself or your financial situation. Your business crumbles or you quit out of weakness or your inability to adapt. At the end of the day, you fail because you don’t want it bad enough. The fault is all yours and you deserve to fail.
2- You’ve followed the system. Done everything in your power to improve, developed the success mindset. And you are willing to succeed at all costs. In this case, you should quit as fast as you can and find a vehicle that will take you to success faster. After all, it is pointless to beat a dead horse (rather than you being the dead horse).
There is a fine line between the two above. The question is which category do you clearly fall into?
You have to be very clear about your career. It is very important to work hard, no doubt. But you must work smart as well! If you don’t work hard enough, you deserve to fail – it’s a fact of life! However, if you are already working hard, and you don’t see the results you want, then you MUST change your strategy. Don’t be a fool!
Important Sales Strategies Benefactors-
Now that we’ve covered the popular sales myths, let’s explore what are the most important benefactors in marketing!
Branding Yourself as an Authority–
Branding is very, very important. Today, the average consumer is spoilt for choices and only the ‘best’ wins. Now, you may not have the ‘best’ product in the world, yet you can position yourself as the ‘best’ with a few good marketing Sales Strategies.
What makes you different from the guy down the street? In order to succeed in whatever field that you are in. Do you know that you need to establish yourself as some kind of authority on the product or service that you are providing? People in the 21st century are inherently skeptical because there are a thousand and one other brands out there. It is much harder to acquire a new customer than it is compared to keeping an existing one.
When you have the expert branding, people are more likely to treat you as an authority. And listen to every word you say rather than treating you like a sleazy salesman trying to get into their pockets. Branding yourself also gives you tremendous confidence! After all, when people listen to you and they take notes, you know you’ve hit the jackpot!
Building Your Credibility–
Credibility is very closely associated with branding. Branding will help you to get the first sale. But your credibility is what keeps people coming back for MORE! When you have built your credibility in your business as a trusted brand. It takes far less time to get repeat sales from existing customers and the people they refer compared to convincing them from scratch.
Important Factor in Sales Strategies-
Don’t look down on the customer with a buying power of $3 or less. A customer that spends $3 over a period of 2 years can amount to a lot of money. Furthermore, they are likely to recommend other customers to your doorstep! And that’s not all, when you are credible, you become the ‘go to’ guy when people think of the product or service that you are offering (therefore saving you time and money in acquiring new clients and customers)
Is Your Business Scale-able?
Scalability is very important. You can’t do everything by yourself as you only have 24 hours in a day. Can you leverage or outsource your tasks? In any business model, you must be able to find a business model that scales upwards. In other words, it means that the business will earn you more money the longer you are in that industry.
If the business or the market that you are in requires you to work longer and longer for the same amount of pay, then you either need to innovate a new idea or get out of it as soon as possible.
Build Your Business Flexibly!
Nothing is permanent in the 21st century. Now it is not about the strongest that survives but rather the one that adapts to changes quickly! You must be able to adapt quickly to market changes like rising costs and changes in demand. If you are not good at adapting, you will miss out on a lot of opportunities.
You don’t want to start changing only when you are running out of money or when all your customers have ran away to your competitors! By then it would be too late!
Using Sales Strategies That Stand The Test of Time-
Here are a few sales strategies that will stand the test of time and you can apply it to any business you are in:
Find a Way to Capture Leads
Lead capture is very important. Because people don’t want to buy the first time they see a product. Remember, statistics have been proven right over and over again when they say that people normally buy new stuff after they’ve seen it (or the item being advertised) more than 7 times.
You can create your own database of customers or a mailing list. The most important thing about having a list is so you can reach that ‘7th’ time before they get away or they get distracted by other advertising. This brings us to the next point…
Build Solid Relationships for Sales Strategies-
New sales and repeat sales usually come through solid relationships built in the past. We are all human beings. Before someone purchases a product from you, you got to grab their trust. And in order to achieve it, you have get them to trust you in the sub-conscious level (they may be a total stranger but even a kind word or a guarantee may ‘touch’ someone and secure your sale!)
Don’t drive your prospects away. Take your time with them. After all, if you spend so much time dealing with every single prospect that knocks on your door, you are just like an eagle who cases after two rabbits – both usually gets away because you don’t have focus! So focus on building solid relationships and you will get your sales soon enough.
Selling Matters in Sales Strategies-
Remember what we said about the numbers game? Going through the numbers blindly will not get you anywhere, but once you have the right mindset on how to deal with these numbers effectively, you will be able to maximize your sales. An online business that sells products through a sales letter usually measures its performance through the number of people who purchase the product measured against the number of visitors on the site. This is known as conversion.
If you are doing sales in the real world, you don’t want to drive your customer away by constant pitching. You want to share your information with them and HELP them to fulfill their needs. Don’t force a square peg into a round hole by forcing them to buy your product even though you know in your heart that the product does NOT help the prospect. It will come back and haunt you later.
If the prospect doesn’t fall within your target market, let him or her go. That is going through your numbers effectively. Remember, the ball is always in your court.
A good Sales strategies plan will help you to boost your sales inflow. Keep returning customers happy and eventually increase your business ROI. Sales Strategies are coupled with activities which are used to attract clients all over the world. So that they can take reap of the products offered in the market. In addition to this, there are various Sales Strategies or plans which are the most effective to increase sales and gain momentum in selling products all over the world.
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