5 Ways to Get More Sales from Existing Customers

5 Ways to Get More Sales from Existing Customers

Most businesses focus on getting new customers, but retaining your current customers is often even more important. Research shows that it costs 6 to 7 times as much to acquire a new customer than to retain an existing one. With this is mind, it makes sense to have a specific strategy in place to keep in touch with former customers, so that they continue to purchase from you. Here are some tips that can help you get more sales from your existing customers.

Take the time to understand what your customers value. Keep a record of every customer you work with, and note their needs, challenges, and preferences. Then, when you have a new product or solution that meets those needs, you can reach out to that customer and let them know about it. This kind of attention is rarely given to customers anymore, and they will appreciate the fact that you remembered.
Stay in touch on social media. Invite every customer to connect with you on social networks like Facebook, Instagram and Pinterest. Share fun events you’re holding, and creative uses of your products. Don’t just post your catalog…rather, focus on providing value. For example, you might set up a customer recipe board on Pinterest, and repin recipes that your customers post that you think other customers might enjoy. Your customers will enjoy being featured, and you extend the value of your business to your network.
Be a social connector within the community. Take some time to talk to each customer and get to know what they are involved with. For example, you might learn that a customer is a member of her local church choir. When you talk to another customer who is new to town and looking for a place to sing, you can introduce the two. This is a great way to help a new person get comfortable in town while naturally expressing the value your business brings to the community.
Participate and donate. Most communities have local events and causes that are important to the community. Make sure your business has a visible presence in these events and causes. For example, one local community’s food bank was facing a slowdown in donations due to the economic collapse, and in the summer months donations were even lower. Local businesses agreed to host local food collection boxes throughout the summer, and some even offered discounts to residents who brought in a certain amount of cans. Some businesses even posted about donating on their social media presences. As a result, the food bank publicized the businesses in its weekly church bulletin, and posted about the businesses on its social media profiles. The church members made a point of shopping at those businesses, which increased the visibility and repeat purchases of these businesses. It was a win for everyone, and the food bank stayed full for the summer.
Be seen often. As a small business, your best business marketing tool is yourself! So be present. Show up for as many local events as you can. Shop at other local businesses, dine at local restaurants, spend time at the community pool. The more people see you, the more they will remember your business. You can also use the time to get to know your customers better, so you can better service their needs. This all leads to repeat customers who come to think of you as a friend, and who go out of their way to shop with you.

The key to repeat business is providing a great initial purchasing experience, and then providing the personal attention and reminders that customers need to want to come back. Customers that feel like they have a personal connection to you are a lot more likely to make a point of shopping with you again and again. So build those connections! The result is a business that continues to grow as customers also refer their friends.

How do you keep your customers coming back? Would love to read your thoughts in the comments below.

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3 Things You Must Do Now to Prepare for Fall Business

3 Things You Must Do Now to Prepare for Fall Business

Smart business owners are always thinking ahead. It’s not enough to be satisfied with where you currently are, and the business that you currently have. If you want your business to continue at the same or better levels of productivity, you need to prepare in advance. This is how you keep your momentum going, and help your business continue to thrive.

Here are three things you should do right now to prepare your business for growth next season:

Stock up: Now is the time to make sure you have on hand the products and samples you will need for the next season. So find out or plan what you will be offering for your holiday selling season, and make sure you’ve got the samples and products on hand that you need to show your customers. Remember, you are most likely to sell what you show, so be sure you have plenty to show so you’re prepared to meet the needs of your customers.
Make calls and appointments to schedule fall business: Even though you may still be in summer mode, now is the time to scheduling your fall sales appointments. That way, when everyone gets back from vacation, you’ve got a full calendar and are ready to hit the ground running. So reach out to both previous customers and current prospects, and get as many dates on your calendar as possible. Use your new fall product line as a reason that people will want to make sure to get their first choice of date.
Plan 2-3 marketing campaigns: Most people in sales get pretty busy during the fall selling season, with the holidays approaching. So use this time to plan two or three marketing campaigns you can implement to grow your business even bigger. You may decide to hold a contest or event, or host a boutique. Whatever you decide to do to promote your business to a wider audience, get the details squared away now, and create as many materials for the campaign as possible now when you have time to focus. This way, you’ll be better able to focus on serving customers as business picks up.

Don’t run a business built on reaction. Rather, plan for fall business so that your business grows by design in the direction you desire.

What are you doing now to plan for your fall selling season? Would love to read your comments below.

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How To Be Persuasive Without Being Pushy

How To Be Persuasive Without Being Pushy

A big fear that many who enter the sales field have is that they may be perceived as “pushy” when seeking sales. It’s important, of course, to ask for the sale, but at the same time you don’t want customers to come away feeling uncomfortable about their encounter with you. So how do you find a balance? How can you be persuasive and get sales without crossing a line and becoming pushy? Here are some tips:

Focus on what they need, not what you want. This is the single most important thing that every salesperson must take to heart in order to be effective. If you are driven by quotas and your own bottom line, you will not be successful. The most effective salesperson takes the time to build a relationship with each and every prospect, discovering the challenges that he or she faces, and then crafting solutions with products or services that meet those needs. You may not sell as much at first as you would being pushy (at least not the first time), but what you will do is build customer loyalty that results in many more sales over the long term.
Make your solution realistic, applicable and concrete. In order to truly present a solution that is valuable to the prospect, you must understand WHY they need what you have to offer. If you sell to other businesses, take some time to learn about their business. If you sell to individuals, take the time to interview people who are in the target market of your product line and learn about their day to day needs. Invest time in truly understanding where your prospects are coming from and what problems they face. Then the solutions that you offer will come from a place of understanding, rather than sounding like you’re making them up as you go along based on what you want to sell. The best solutions are realistic because you understand the need, apply to the problem at hand, and truly offer concrete help to the problem at hand.
Tell stories. When presenting a solution, one of the best things you can do is tell stories that the prospect can relate to that draws similarities to their situation. Talk about another person who had a similar situation (this is one of the place your research pays off!) and how your product or service helped resolve that situation. The phrase “facts tell, stories sell” is quite true, because it helps people to imagine how what you have to offer is applicable to their situation. Many people are visual learners, so create a picture for them that helps them to understand why what you have to offer is compelling, and meets their needs.
Listen more, speak less. Even if you feel that you understand the prospect’s situations perfectly because you’ve seen it a hundred times before, let them tell you anyway. People are more likely to feel comfortable with the solution you offer if they feel like they’ve been heard. So be sure you listen more than you speak when working with a prospect. And when you do speak, rephrase what they’ve said and ask them to confirm that you’ve stated it correctly. Everyone wants to be heard, and too often we don’t listen enough in our society. Give the gift of total attention and listening to your prospect, and they will walk away from the experience feeling positive about the interaction.
Accept “no.” If you’ve done your research, listened well, shared stories and offered good solutions that meet the customer’s needs and they say no, that’s OK. While you will, of course, ask questions to confirm that they aren’t missing relevant information related to your product, not every single person will buy. If the prospect begins to avoid eye contact with you or their body language indicates that they are trying to distance themselves from you, it’s time to stop. Thank them for their time, offer a card and a willingness to help in the future, and move on to the next prospect. You don’t have to close every single person every single time. There are plenty of other prospects who need what you have to offer, and rather then spending lots more time on someone who won’t buy, focus on finding people who will be interested.

Think about your last good and bad experience with a salesperson. What made those situations what they were? Chances are the good experience was with someone who knew their product line and could answer your questions competently. It was someone who could point you in the direction of a good value that would solve your problem. The bad experience was probably with someone who was ill-informed about the product line and was simply trying to sell you something. Remember, a service-oriented salesperson is one who is focused on solving problems and meeting needs. This type of salesperson is the one who creates the good experiences that people remember and tell their friends about.

How do you avoid being pushy when selling your products? Would love to read your thoughts in the comments below.

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3 Ways To Maximize Your Brand

3 Ways To Maximize Your Brand

When you have a product or service to sell, it’s likely that there are competitors that sell a similar type of product. You clearly understand why your product or service is better, but chances are your prospects do not. In order to attract new customers and keep them coming back, therefore, it’s essential that you develop a brand message that clearly differentiates you from your competitors, and highlights the benefits of coming to you. Here are some ways to maximize your brand message.

Speak from the customer’s perspective. It’s very easy to simply list all the features and benefits of what you have to offer, but that’s usually not the best way to attract new customers. Rather, focus on the needs that your customer has that your product solves. For example, if you sell skin care products, don’t just list the ingredients of your product and what each ingredient does. Instead, focus on concerns like the appearance of wrinkles. Once you’ve highlighted a need that resonates with your prospects, then you can show them how your product solves this problem, and why it’s better than other products. In a crowded skincare environment, having someone focus in on a customer’s problem, and why your product is the best solution can create an irresistible pull towards your brand.
Highlight your unique value. What you bring to your business cannot be emphasized enough. Often, many products offer similar benefits. Sometimes what causes people to shop with you is YOU: the superior customer service you offer, the knowledge of your customer’s needs, your high level of product knowledge that can’t be found in a big box store. Make sure prospects understand that when they shop with you, they’re not just getting a product…they’re getting the personal level of service that only comes when they shop with you. You’ll find that people aren’t used to this level of service, and once they find it, they tell their friends about it, and refuse to shop anywhere else.
Offer extras. Another way to set yourself apart from your competitors is to provide an extra layer of service that can’t be found elsewhere. Offer a Facebook Page, blog or Pinterest account that offers tips related to your business. for example, if you sell nutritional supplements, provide content related to healthy living. If yous sell green energy, talk about ways to save on your energy bill while taking care of the environment. By providing this additional content, you become even more valuable to prospects, and offer them something they can share with their friends for free. You can also introduce your customers to additional products that complement what they have already purchased through sampling, or give them an additional product sample that they can share with a friend. All of these extras set you apart, and give your business a way to go viral.

Setting your brand apart in a crowded marketplace requires you to offer a customer experience that amazes and delights your customers. When you do this, customers won’t even consider going anywhere else. How do you maximize your brand? Would love to read your thoughts in the comments below.

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4 Ways To Make Your Product Seem More Valuable and Desirable

4 Ways To Make Your Product Seem More Valuable and Desirable

You probably think that your product line is the best one out there. After all, that’s why you sell it! And it’s easy to fall into the trap of thinking that because you understand the benefits, the value is obvious to everyone. But that’s usually not the case. And simply reciting a long list of features and benefits will likely lose you the sale. It takes a skilled salesperson to highlight products in a way that make them seem valuable and desirable to customers.

Here are some tips to make your products feel more valuable and desirable for your customers:

Get people talking. The more you can get others talking about your products, the more valuable and desirable they will seem. So when your customers are happy with your products, ask them to tell a friend. Provide them with the “above and beyond” service experience that makes them want to jump on Facebook and tell all their friends to shop with you too. Record videos of your customers using your products (or ask them to provide videos) and feature them through your social media profiles. Post testimonials from happy customers on your Facebook Page and website so people see how great your products are. Run contests where people submit pictures of themselves using your products, and share those photos with their friends. It’s a human trait to want what others have and like. Capitalize on that to build the desire for your products.
Skip the long features list. Presenting too many features and benefits can bore your customer, and cause them to become overwhelmed, so they buy nothing at all. Instead, listen carefully to your customer and ask questions that help you find out what is important to him or her. Then you can highlight just the features that are most relevant to that specific customer, which makes your product seem most valuable to him or her.
Highlight ease of use. The easier you can make your product seem, the more valuable it will be in the eyes of your customer. Of course you don’t want to in any way misrepresent your product, but educating your customer on how to use your product so that they don’t have to struggle to figure it out later will help your customer make a purchasing decision. Rather than having to rely on the instructions that come in the box, they’ve already had an educated salesperson who has taken the time to explain the product, and shown how easy it is to use. That beats a nameless, faceless big box store with uneducated employees every day of the week, and makes it more likely you’ll get the sale.
Offer a test drive. People love to “try before they buy,” so when possible, give people the chance to test out your products risk-free. Offer a money-back guarantee, or have samples they can use before they purchase. When you let people use your product first, they can see for themselves how valuable your product is, which increases the likelihood that they will buy it, because they’ve integrated it into their routine.

When customers have a chance to use and understand your products, they are more likely to purchase for themselves, and tell their friends. How do you present your products so that your customers find them desirable and valuable? Would love to read your thoughts in the comments below.

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3 Ways to Make Your Business More Attractive

3 Ways to Make Your Business More Attractive

As a small business owner, your business is often an expression of yourself. And you can attract more people to your business when they feel a personal connection to you. In fact, this is what changes people from occasional purchasers to loyal customers that recommend you to everyone they know.

So how do you make your business more attractive? Here are some tips:

Be Genuine. Think about the people you know who are absolutely good. You love spending time with them, and helping them, don’t you? People love the feeling they get when they interact with honest, genuine people and businesses. Make sure your businesses practices are absolutely honest and ethical, and always choose to do the right thing, even when it’s not convenient. If you believe in a particular cause, use your business to support that cause, and talk to your customers about it. It will help them come to know the real you, and love you, and your business, for it.
Express Your Passion. There is a difference between businesses where people just show up, and the ones where people are passionate about what they do. Make sure your business is an expression of your passion, and help people feel that passion every time they choose to do business with you. Go that extra mile in service. Educate people a little more each time about why your business matters in their lives. If you love what you do, people will feel it, and passion is contagious. In an era of social media, word of mouth can spread globally, and that passion can help you grow your network and increase your business.
Invest in Others. Helping others is always good business. So find causes that your business can support, and make sure your customers know about it. For example, a local bookstore agreed to host a donation bucket for a local food pantry’s food drive. But in addition, they also offered to give an extra discount to customers that brought in more than just the minimum donation. This created goodwill in their community, and also gave the food pantry another reason to talk about their business which helped them gain more customers. Investing in others is a great way to build the goodwill that brings more business.

Making your business more attractive is simply a matter of helping people come to know what you believe in, and helping them feel the passion that you feel.

How do you attract people to your business? Would love to read your thoughts in the comments below.

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Reaching Your Target Market In Different Generations

Reaching Your Target Market In Different Generations

We’re at an interesting point in history. We have generations that grew up without the internet, and those that have never been without it, all in the same workforce. These are your customers, employees, team members. And in order to work effectively with each generation as a business owner, you have to be extremely flexible, and prepared to deliver you message in multiple ways, in order to reach people of every generation.

Here are some tips to help you work effectively with multiple generations.

Research: Take the time to understand the needs and communication styles of the generations that you work with. For example, Generation Y prefers texting over email communication, whereas baby boomers prefer a phone call or face to face communication. Generation X wants you to communicate via email or text, but you need to keep it short. By researching the communication preferences of each generation, you can craft messages that are more effective, and that help you get your message across. Here’s an article where you can start: Communicating with Many Generations

Ask: Generalizations about communication preferences are great, but it’s also important to ask the individuals you work with how they want you to communicate with them. For example, many people today prefer to learn via video, and there is a big push to produce authentic videos of actual customer experiences. Yet there are still some who don’t have the patience for video, and would prefer a quick summary of steps. Make sure you’re asking how people you work with want to hear from you, and then honor those communication preferences.
Be Flexible: As you work with multiple generations, you may need to deliver the same message in different ways in order to reach everyone. So this means you need to learn all the communication techniques (text, email, video, handwritten note, social networking, etc.) and then be prepared to deliver each message in a variety of mediums. For example, if you want to let your customer base know about a sale, you may send out a text alert to your customers that have signed up for that list, include it in your email newsletter, record a short video about it that you post to YouTube, Instagram and Facebook, and write a personal note to your best customers that you send through the mail. In this way, you can be sure that everyone, regardless of generation, gets the message.

In order to be a business that attracts many, you need to communicate in the ways that people prefer to hear from you. So be sure you’re taking the time to learn about generational communication preferences, and then create a strategy to communicate effectively with the many generations you serve.

How do you adapt your communication style for various generations? Would love to read your thoughts in the comments below!

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Six Easy Ways to Attract More People

Six Easy Ways to Attract More People

Whether you’re looking to attract more customers, recruit new employees, or network with influential people, there are a few simple things you can do to increase your chances of success. Take a look at our list to see how you can attract more people to you and your business.

Engage everyone with a friendly greeting. Sometimes we get caught up in our own worlds and don’t take the time to greet each person properly. Initiate a friendly exchange by greeting each person. A simple opening such as, “How are you this morning?” or “It’s a pleasure seeing you again,” can suffice. More often than not, such pleasantries can lead to a friendly conversation. When people know you are genuinely interested, they will not only remember you, but will look forward to interacting with you again.
Focus on the individual. Although your ultimate goal may be to attract a certain number of people, forget that number when interacting with one person. For that moment in time, focus solely on the individual. What are his or her needs? How can you be of service to the person? What message is the person trying to convey to you? Don’t inadvertently turn people off by engaging them in generic conversations. Tailor your interactions to that particular person.
Avoid arguments. You will not always see eye to eye with each person you come in contact with. Arguing, however, is unprofessional and will turn people away. Be proactive and avoid potentially controversial topics such as politics and religion. Even if you do these things and a disagreement happens anyway, take the high road and “agree to disagree.” People will respect and appreciate your honesty and courtesy.
Assume everyone is good. By doing so, you demonstrate that you are a positive person who sees the good in others. This feeling is contagious and often reciprocated. Everyone makes mistakes, but giving others the benefit of the doubt will encourage a sense of trust and will likely strengthen your relationship. Besides, wouldn’t you want others to think the best of you?
Be helpful. This can be done in so many ways, and a good deed will definitely be remembered by others. For example, the owner of a local pizzeria found a gold bracelet on a table left behind by one of his last customers of the night. He had no idea who she was or how to contact her, so he put it aside in case she came in again. She returned a few weeks later, and he asked her if she had lost it. The woman was so grateful she was nearly in tears; it turns out the bracelet was left to her by her recently deceased grandmother. She told everyone who would listen how generous the man was and became a loyal patron of the establishment. It would have been just as easy for the owner to toss the bracelet or keep it, but his helpful nature earned him something that was priceless for his business.
Get involved. Reach out to your customers, your staff, and your community. Involving yourself in a good cause will show others that you truly care. People are attracted to others who are generous with their time and skills. Demonstrate your sincere desire to give back to those around you.

You can attract more people by treating others kindly and going the extra mile to show them you care. What can you add to our list? Please share your ideas below!

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Five Ways to Find New Opportunities for Your Business

Five Ways to Find New Opportunities for Your Business

By doing more of the things you love and are good at, you can actually maximize your chances of finding a great opportunity for your business. Tap into your desire to interact with and help others, and you’ll find that it benefits your business. Take a look at our list to start making the most of your talents right away.

Talk to more people. Perhaps it sounds too easy, but striking up a casual conversation can lead to countless positive outcomes. Whether you’re at a professional workshop, on the train during your evening commute, or in the waiting room at the doctor’s office, initiate friendly conversation when appropriate. Sometimes even just the mention of what you do for a living will evoke more questions from the other person, and you never know what lies ahead. For example, a former schoolteacher who operates a tutoring business out of his home initiates some small talk with a fellow customer while waiting in line at the grocery store. It turns out the person is looking for contributions to an article she is writing for the local newspaper about the pressures high school students face applying to college. Someone who works so closely with these students in a different way than their regular teachers would make a great addition to the article, and a mention about his business certainly would increase his exposure. Not every casual conversation will end in such an opportunity, but taking this step may lead to more opportunities, so stay alert!
Be more curious. Don’t be satisfied with the status quo. What else can you learn about running a successful business? What is happening in the industry right now that could directly affect you? How do your employees and customers feel about your business? Asking yourself such questions on a regular basis will renew your motivation to move your business forward. If you aren’t constantly looking to improve, you may be in danger of falling behind. Make a commitment to be more inquisitive in your pursuit of success.
Show your passion. What exactly is it that you truly care about? What drove you to start your business in the first place? The former teacher decided to start up his tutoring business after realizing how much he enjoyed the small group extra help sessions he used to hold after school. He was able to connect with his students, which in turn increased their achievements. The regular classroom setting didn’t allow for this, and he found himself wishing his job consisted solely of these after school sessions. Becoming a professional tutor has allowed him to do just that, and his passion for helping young people is finally being fulfilled. Demonstrate the things you are passionate about, and others will be drawn to your drive and enthusiasm.
Constantly ask for introductions. This is similar to asking for referrals, but on a much broader level. Ask friends and family to introduce you to people in their lives that could provide a business opportunity. Take it even further and introduce yourself when possible, such as when at a social gathering. Even when you’re “off the clock,” don’t forget that possible business opportunities can be just a conversation away.
Try new things. Have you ever snuggled up on the couch with your favorite blanket knitted by your grandma and thought about taking up crochet? Or maybe you have an adventurous side and always wondered what it would be like to go white water rafting. If you have other desires outside of your business, find the time to explore them. You will be exposed to a whole new group of people, and a host of possible business opportunities you may not find elsewhere. And hey, you’ll also have fun!

The best way to find a new business opportunity is to know where to look and how to grasp it. You may not always get one in the end, but being active in your search will certainly help move your business forward. How do you maximize your business opportunities? Please share your ideas below!

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Three Ways to Close the Deal

Three Ways to Close the Deal

So you’ve gotten that sales meeting, prepared for each possible scenario, made friendly conversation, and have conveyed your ideas and pitch to the best of your ability. Your job is not finished yet, however, because you still need to close the deal. This, for the majority of people in sales, is the most difficult part of the business. The key to successfully closing a deal is to be proactive about why a person may say no and to eliminate his or her reasons for doing so. Here are three techniques to help you close more sales

Understand hesitation and address it by solving the problem. From your point of view, there is no reason to hesitate. You know what a great value you are providing and have no reason to doubt yourself. So put yourself in the other person’s shoes. If you can understand the reason why they may be hesitant, you can deal with it head on, and may be able to overcome the objection altogether by demonstrating how your product or service can solve a problem. For example, a hair stylist and colorist operates her own business doing her clients’ hair in the privacy of their own homes. She is offering new and current customers a package for purchase in which they can have monthly coloring touch-ups, all paid for in advance. While pitching this service, a prospective customer seems hesitant to pay for services that wouldn’t be rendered for months into the future. The stylist validates this concern, and also points out that because customers wait too long in between coloring treatments, the service takes longer and costs more. So by having monthly touch-ups, money would be saved in the long run and hair color would always be properly maintained. She winds up closing the deal because she did not dismiss the client’s concern, but rather confirmed it and then followed up with a solution to the problem.
Fine tune your market and focus on a niche. In an effort to cast a wide net and appeal to as many customers as possible, you could be missing out on success within a niche. The hair stylist mentioned above certainly provides services that likely appeal to a broad range of people, but because she makes house calls and provides a monthly touch-up service, she focuses mostly on working mothers over age 35. This population of women have several things in common that make the stylist a valuable asset to their lives: they’ve started coloring their hair to cover up grays, they need to maintain a professional appearance, their work schedule is too demanding to regularly visit the salon,and when they are not working, they need to be home to care for their children, so an in-home appointment is most convenient. Knowing her target market allows the stylist to put the most time, money, and energy into attracting clients in this population for increased success. Think about a niche that might be most interested in what you have to offer, and come up with ways to specifically appeal to the needs of this market.
Take the focus off business/sales and make it fun. More and more companies are looking to gamification to attract new clients. Consider simple ways to incorporate more fun into a sales pitch or other type of client meeting. For example, to educate potential clients about your product or service, consider a mini-trivia game in which your prospect guesses the correct answers for a small prize. Use whatever fits the situation and personalities of those involved, such as music, video, gaming, comedy, etc. A sales meeting should not be an unpleasant experience for either party, so by making it fun, you are increasing your chances of closing the deal. However, be sure to balance fun with the professionalism needed for the situation.

Closing the deal requires that you understand the needs of the customer, and then highlight how your products or services meet that need. Remember to always be honest, and let the strengths of what you have to offer and your enthusiasm shine through. When the customer understands how your product or service fits their situation, and trusts that you have their best interests at heart, you are more likely to close the deal.

What tips do you have for closing the deal? Please share them below!