How to Share Your Idea Quickly and Effectively

Have you ever felt pressured to convey your message quickly? Maybe as you walk into a coffee shop, an old friend is walking out. You stop for a couple of minutes to chat before she heads out on her way. During the chat, she asks you what you do for a living or what’s new these days. Depending on the circumstance, it may be necessary to make whatever you are saying as brief as possible. If you find yourself in such a situation, the following tips might help you out.

Start with the solution first. Since you don’t have time for a whole back story, you have to spark interest right away. By introducing the solution from the get-go, you’re capturing attention so that even if you have to leave out some details you deem important, the person will want to know more and follow through, perhaps at a later date. For example, your friend asks what you’re doing these days. As a new consultant for a nail wrap company, your response could be something like this: “You know how I always complain that I never have time or money for a manicure? Well I started using these cool nail wraps! I loved them so much, that I started selling them.” Your very first sentence presents a solution to a problem. This is especially effective when you know your audience has the same problem as well. Even if the rest of the conversation is rushed, the next time that person is thinking about doing their nails, she’ll remember your solution and will be more likely to either give you a call or respond with action to your follow-up.
Make it personal. This definitely requires either some prior knowledge about the person to whom you’re speaking or one or two smart questions to find out more about the person in order to customize your message. In the example above, the nail wrap consultant could mention that because her friend is home with her newborn baby every day, it’s understandable that getting to the manicurist can be challenging. She has then created her opening to briefly describe the product. If you don’t have that kind of personal information right away, have a couple of questions prepared that you would ask someone so your message can be more personal.
Give concrete, factual examples. Speaking in general terms comes off vague, generic, and irrelevant. Instead of saying, “These nail wraps are easy and affordable,” you could say, “A $15 sheet gives me 3 manicures that each last two weeks.” The latter gives specific information in the same amount of time as the former. Furthermore, it has more meaning, which will make it more memorable for the other person. Again, concrete examples should be prepared ahead of time for you to give when needed.
Don’t repeat yourself. Many people do this when they are nervous or anxious. Use other methods of emphasis besides repetition, which causes the other person to tune out. A good idea would be to record yourself in a hypothetical conversation in which you are trying to get to your point quickly. Make note of any repetition, and adjust accordingly. Practice often so you are always prepared.

Much of what you do as a direct seller requires quick thinking and strong communication skills. Our suggestions in this post should help you improve both of those things.

What would you add to our list? Please share your ideas below!

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Five Ways to Keep Customers When Prices Go Up

Five Ways to Keep Customers When Prices Go Up

Throughout the course of your business, you will undoubtedly be faced with the prospect of increasing your prices while making sure you don’t lose your customers. As long as you are truthful and you maintain your high quality products and customer service, you can rest easy with the knowledge that your clients likely aren’t going anywhere. If you find yourself in the situation of having to increase prices, here are some tips.

Give an honest explanation for the increase and thank them for being loyal customers. It won’t take long for customers to notice a price increase, especially for items that they buy on a regular basis. The most important thing is for you to be honest. For example, a local business owner who designs and makes window treatments (curtains, draperies, etc.) gets most of her materials from out of state. Because of a recent increase in gas prices, her distributor is charging more for shipping. In order for her to maintain her profit margin and keep her business afloat, she must increase the price customers pay for both her supplies and services. Customers will understand and most likely relate to your reasons, so don’t keep them in the dark. Instead, thank them for understanding and show your appreciation for their loyalty. They won’t want to bring their business elsewhere if they know you sincerely care.
Offer another lower price item. There will be times when a customer is unable or unwilling to pay the higher price, so in this situation you may want to offer an alternative. The window treatment designer offered her customers a similar fabric that is less expensive for her to buy, so she is able to pass that savings on to her customers. Again, be honest about what you are offering and why it is a lower price, but be sure to emphasize that it is of the same quality that your customers have come to expect.
Add more value to your existing items. This is a great way to keep your customers happy despite the price hike. Add value to your items by offering an extra service or perhaps a discount on a future purchase. Listen to what your customers want, and be creative in finding ways to make them happy. In most cases, they won’t mind spending a few extra dollars if they know they are getting more for it, instead of less.
Show how the increase gives them more for their dollar. When the window treatment designer explains the reasons for her price increase to her customers, she also makes a point of explaining that without the price increase, she wouldn’t be able to offer as wide of a selection of fabrics. This is a big selling point for her because her business is among only a handful of those like it in the region, and by far the one with the most choices. So for customers who are willing to pay the higher price, they are getting an expert who can offer them exactly what will be best for their needs.
Demonstrate how the increase in price is not to increase profit. If you have been honest in your explanation and fair in your increase, it will become apparent to your customers that you are increasing your prices out of necessity, not greed. All too often, we read in the newspaper how large corporations are posting record profits, even in times of economic distress. Show your customers that your small business is unlike those corporations and that you need to increase your prices to maintain your business and livelihood. They will likely agree with you and understand the reasons for your actions.

By being honest with your customers and adding value to your products and services, you will maintain your clientele despite your prices going up. Your customers will appreciate your honesty and will remain loyal if they know you sincerely appreciate them in return. What are your ideas for keeping customers while raising your prices? Please share your comments with us!

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Effective Sales Calls

Effective Sales Calls

Making sales calls are a necessary part of your business, though for many people, it is one of their least favorite things to do. We are sometimes hindered by a fear of rejection, but by implementing a few suggestions and preparing well, you will find your sales calls to be much more pleasant and effective.

Use referrals. When making your list of contacts, use your referrals as a starting point. You already have an opening when you make the call by telling the customer who referred you; this can even lead to a bit of small talk that will put the person at ease. For example, “Jane Woodson referred me to you. Our sons play on the same baseball team, and she mentioned that your son is on the team as well? How is he enjoying the season so far?” Using referrals can help you take a genuine interest in your contact, which will motivate them to listen to your pitch.
Offer a good value. This can be a bit tricky, as value is perceived differently by different people. However, as long as you are knowledgeable about the benefits of your product or service and how it compares to others, you will be able to demonstrate its value in ways other than price. For instance, if a product you carry has similar features to a competitors’ but is more expensive, point out that it is made from higher quality materials, that it comes with a lifetime guarantee, or that the customer can try it risk-free for 60 days. Whatever the incentive, always be clear in emphasizing a product’s value.
Provide solutions. Most consumers are seeking certain products that have a purpose in their lives. What solution does your product provide for a customer’s problem? Reflect on your own experiences to help you answer that question. One consultant for a jewelry company first fell in love with the product line because it allowed her to take her outfit from the office to an evening out by simply changing out one necklace for another or clipping an extra piece onto her bracelet to make it sparkle for her night out. This may not be a life-altering solution, but it is a common one that most women would love to know about. Be the answer to your customers’ problem.
Know your client. A client never wants to feel as if he or she is just a number on your list of calls to make. Tailor your calls to be specific to each person; this doesn’t mean that every single call will be different, but it does mean that you have done a certain amount of preparation for the call so that you can appeal to a client’s unique need. You wouldn’t have the same conversation with a repeat customer that you would have with a prospect you’ve never met or done business with. Take a few minutes to find out something about each contact before picking up the phone. Often that research can be done when receiving the referral.
Anticipate objections. Sometimes you will encounter one or more objections to what you are trying to sell. Before making a call, prepare a list of possible objections and decide how you will respond to each one. You will not be able to anticipate every possible objection, but having a good idea as to how you will handle them can be useful in helping you overcome objections and make the sale. The more prepared you are, the less likely you are to be caught off guard without knowing what to say.
Use scripts wisely. Writing a script is a great way to get started with sales calls. You can literally map out your ideal conversation, and then using the suggestions above, prepare yourself for the many different turns the conversation may take. One thing to be aware of, however, is not to sound like you are reading from a script which can sound extremely impersonal, and may cause a client to either tune out or cut the call short. Use the script as a guide only; know what you are going to say and speak in a natural, conversational tone.

Do you have any tips to share for making your sales calls more effective? Please share them with us below!

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Profile of an Easy Sale

Profile of an Easy Sale

Making a sale is not always easy. However, understanding these main points may help you convert more sales and make the process easier.

Identify the right product for the right client. You must define your target market and then make sure that your products/services are solving problems they have. Without this key element you will not make many sales.
Develop and cultivate relationships. If you have some kind of relationship with a prospect it will make it easier to approach them with your products/services. Done correctly, the sales pitch comes across more like helping out a friend. Make sure you are authentic, honest and providing a solution to your friend’s problem. A relationship built on trust and value will generate reorders.
Once you have a relationship with your prospect, find out what their likes and dislikes are. Understand what impresses the prospect. Do they focus on value, style, ease? Lead with that in your solution to their problem (sales pitch).
Finally, make the sales process quick, simple and easy. Your ability to do this will project professionalism and cause the prospect to perceive greater value in your products and services. And the next time he/she needs products/services like yours, he/she will go to you first.

Take a look at your current approach to selling. Do you follow these main points? How well are you implementing them? If you understand and apply these main points in this order, and take the time to do it correctly, in the long run you will generate more sales, reorders and make sales easier.

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A Sales Pitch that Doesn’t Sound Like a Sales Pitch

In the past, sales pitches were intrusive and created to reach a wide population. Now, with the dominance of the internet, effective sales pitches cater to individual customers’ needs. They are not canned or contrived because the modern consumer can see right through it and has a wide variety of alternatives right at his or her fingertips. Here are a few ways to frame your sales pitches in such a way that it allows you to promote your products/services without sounding like a pushy sales pitch, and even encourage others to market your products/services for you.

Scavenger Hunt – This can be used to draw in new customers. Use promotional items (electronic or paper) to start a scavenger hunt for a special first-time customer gift. As an added convenience, you can create one totally online by taking your prospective clients on a guided tour of some relevant websites. Start by creating a theme that works with your business, like food, jewelry, or health & beauty products. Make sure the questions are easy to answer and that each item only takes a short time to find. At the end of the hunt, your would-be customer is rewarded with a special gift! You’ve now drawn them in to try your product, made it fun for them to share it with their friends, and you’ve promoted your business without the traditional sales pitch.
Giveaways – Many businesses offer free products or services for first-time customers, but usually some sort of purchase is necessary. Consider a giveaway that stands out from the rest: one that literally gives something away totally for free. Offer it for free for first-timers, and wow them with your quality and customer service. By doing so, you create a risk-free situation and promote your products/services through the giveaway without sounding like a sales pitch. You have now started a relationship and given them a reason to share it with their friends.
Referrals & Rewards – Not only do you want to draw in new customers, but you want to reward your loyal ones as well. Create and use a reward system for referrals that promotes your products/services. Whenever a new customer makes a purchase, all they have to do is mention the name of the person who referred them. That referrer then gets a special discount or promotional item. Word of mouth is an effective method for bringing in new customers, so motivate your current ones by showing them how much you appreciate their patronage and recommendations.

When creating a non-sales pitch sales pitch, remember to frame it in such a way that the promotion includes marketing your products/services. If done correctly, people should feel like you are talking about the promotion and not delivering a sales pitch. Make them simple and direct, but most importantly, be genuine in your interactions with prospective clients. They will appreciate your sincerity and your creative approach.

Please share your own ideas for a creative sales pitch in the comments below!