Jul 20, 2012 | Branding, Customers, Marketing, retail, Sales
Amidst the moans being heard from bricks and mortar retailers, you can still see in almost any store you choose to enter, opportunities to make the experience of shopping easier.
If it was more social, friendly, service oriented in stores, it follows that shoppers would find it easier to part with their money. Human beings are social animals, we herd, and congregate around things that interest and engage us, so it seems possible to dream up strategies that enable that behavior in a store, to make it an attractive occasion to go there, even if it is to your local supermarket, there are opportunities to reconstruct the experience.
Many consumers in high value categories, from furniture to electronics and whitegoods, are “showrooming”, doing some research on-line, then going into showrooms to have a look at the short list in the physical state, then go out and buy on line. Notice the disconnect there, sales people let them out of the showroom not just without a sale, but without permission to continue the nascent relationship.
On the other hand, I wandered into the Apple store last week, seeking information for a client, went back the next day for an information session targeted at the specific questions I had, and yesterday got a targeted email offering solutions to the problems I outlined in the session.
No wonder the Apple retail stores are breaking all retail records, and they are bricks and mortar, with a huge difference, they work at creating a relationship, recognising that it is the precursor to a sale.
Jul 17, 2012 | Category, Communication, Marketing, Sales, Strategy
Huge amounts of marketing dollars are spent to convince customers to come back. They try the product, leave, or just shop around, so we spend to get them back.
If marketing really was a war, as the analogies often go, it would be the same as expending resources to take a hill, then abandoning it to the enemy, only to have some general say take that hill, so the grunts go through the hell again.
How much easier to have kept it once taken.
Jul 16, 2012 | Branding, Communication, Marketing, Sales, Small business, Social Media
A vast array of marketing & sales activity is aimed at persuading, far less are aimed at engaging. This may appear to be a largely semantic difference, but consider the difference when you see someone undertaking an activity they are paid to do, compared to somebody undertaking the same activity because they love to do it.
Yet it is engagement that leads to persuasion, not the other way around, so why bother trying to persuade, which is usually a recitation of the features of your product or service, concentrate on engagement and have the product sell itself.
Jun 18, 2012 | Branding, Marketing, Personal Rant, Sales
I have been having trouble with bloody Optus, again, my exclusive supplier of communication services. They simply cannot seem to get anything right, clearly the left hand has no idea, and I suspect do not care what the right hand is doing. Their customer service does not talk to their accounts who will not talk to their technical service, who do not talk to their retailers, a real dogs breakfast. Frustrating in the extreme.
Yesterday, I got another call from some young bloke in their call centre, reading from a script telling me how he had a great deal for me because I was such a loyal customer. Pity they are not a loyal supplier!
How good would it be if they actually did care, and showed it by any one of a number of means at their disposal to make my digital life simpler, cheaper, better integrated, more transparent, and easier to manage. Allocating obviously anglo names on their call sheet to those in their call cantre whose first language was English seems a pretty logical step.
Loyalty runs both ways, and those very few businesses that make the effort to act in their customers interests, rather than just their own, usually do pretty well. There are the big ones we all know about, but there are also small businesses around that make it easy, pleasant, and “human” to conduct a transaction, so you come back for another one, again, and again.
Customers are always looking for a better deal because that is all that these dills have left them. If any of the telcos reduced the customer churn by 0.5%, a seemingly modest target, they would be way in front, because they could reduce advertising and re-contract costs, cross sell more easily, and reduce their “service” costs by doing something right first time.
Genuinely caring about the customer experience, being a bit loyal to their customers seems a pretty good way to start, a customers loyalty to a brand needs to be earned, it will not be given away to those who do not deserve or value it.
May 22, 2012 | Customers, Sales
For years with my sales consulting hat on I have pushed the notion that when selling a product or service that requires the B2B buyer to exercise some level of consideration, so it excludes the everyday, commodity purchase, there are only three ways to get the sale:
- Demonstrate how your product can assist them to increase their sales
- Demonstrate how your product can assist them to reduce their costs
- Demonstrate how your product can increase their productivity.
This has worked well over a long period, in a wide range of situations, but recently the socilaisation of business driven by the web has added a fourth headline sales driver that to date I have always included in the first:
Assisting a potential or current customer to grab an opportunity.
The world is changing so rapidly that a successful sales operation needs to understand very well the competitive and strategic environment in which their customers compete. In gaining and renewing that understanding, you will see opportunities for your customers that they may not necessarily see themselves. Whilst this is part of helping them increase their sales, the new tools of communication and collaboration that enable the development and leveraging of IP/IC are such that few can stay on top of them all. Therefore being a part of their business development process, by providing valuable insight, and perhaps a view informed by a different perspective, will deliver a stronger relationship, and contribute value to the process that will translate into sales.
May 4, 2012 | Sales
Your high potential new customer, the one you thought you had brought into the fold, was about to sign up, the one you had assured the boss would place their first order next week, suddenly, at the 11th hour, inexplicably, they go elsewhere.
Are they mad? Did they not understand the benefits? Why did they lead you up the garden path?
Truth is, they may have been confronted by your sales approach, and did not trust you, did not believe what you were telling them. Too pushy, sliding over their objections, not listening to their real needs, concentrating on your price rather than value to them, or one of the many other common failings of sales people leads to this sales killing response.
When confronted, many people avoid the conflict, they simply agree with you, and walk away, leaving you with the misleading understanding that the sale is done.
The task therefore is to conduct the sales engagement in such a manner that the potential customer is the one exercising the power, they are not given the opportunity to conclude they do not believe you. The best way to do that is to conduct the selling process by asking questions. All you have to do then is just respond to the answers with simple observations, and another question that addresses their evolving understanding of their problems, or opportunities for improvement, and therefore your opportunity for a sale.
When a prospect believes you, and in you, selling is easy.
