Sell Well
Nervous about selling? Getting started is easier than you think.
URL:
http://www.entrepreneur.com/sales/closingthesale/article159870.html
Sales is one of the most important elements of your startup--but
if you're unfamiliar with it, it can also be one of the most
intimidating. We checked in with a few sales experts to offer tips
to help you get started.
First, says Jennifer Vessels, president of Next Step LLC,
a business growth consulting company in Redwood City, California,
spend time gathering research from potential clients before you
finalize your product or service offering. "What are the
deficiencies in the solutions they're using?" she
asks.
When you're ready to sell, go back to those same prospects.
Demonstrate to them how the product or service you've developed
specifically meets their needs--and pump up how it differs from
their current solution. Will it save them more money? Can it give
them more specialized service? Is it faster and more efficient? Be
clear on your offering's competitive advantage. And don't
automatically discount prices to jump-start early sales. "If,
in the sales process, you offer a discount too quickly, you reduce
the customer's perception of the real value of your
product," Vessels says. You can, however, focus on how your
product or service will save them X dollars a year or will cost
less in the long run. And if they want an extra incentive to be one
of your first customers, keep the price the same but offer
something extra for free, such as delivery or installation.
Also, don't overpromise what your product or solution can
deliver, says Dan Strakal, founder of Success
Positioning Systems LLC, an organizational consulting firm in
Albuquerque, New Mexico. If a potential customer asks you to do
something you're not really capable of, it's better to say
something like, "This is my specialty, and I can offer you
top-notch service here. For that other need, I can refer you to my
network." They'll appreciate the honesty, says Strakal.
But if you overpromise and fail, you'll get a bad
reputation.
Finally, notes Vessels, redefine your image of sales. You're
not a used-car salesman. She says, "Done effectively, sales is
helping clients understand their problem and working with them to
solve their problem."
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