Archive for May, 2012

Sales Improvement – Selling and Buying Styles

May 25th, 2012

Selling is a People Business

Have you ever met someone whom you liked instantly? You hit it off with the person the moment you met? That’s great when it happens, especially when the other person is a prospect.

How about those times when you didn’t hit it off with the other person? You just couldn’t seem to get it together. Not so good, especially when the other person is a prospect or customer.

We’ve all met salespeople whom we wouldn’t buy from if they were the last salesperson on earth. Ever wonder why this happens?

The Golden Rule

We all know the Golden Rule:

Do unto others as you would have them do unto you.

The Golden Rule doesn’t always work when you’re selling. In fact, if you exercise the Golden Rule, you stand a good chance of annoying a large number of your prospects! Why? Because it’s the Platinum Rule, not the Golden Rule, that applies in the real world of personal interactions.

The Platinum Rule

The little known rule for improved interpersonal relationships is:

Do unto others as they want done unto them.

Or, put into terms of professional selling:

Sell unto others as they want to be sold unto.

Importance of Selling Styles

It’s no secret that people buy from people. In fact, people buy from people they know, people they like, and people they trust. That’s why it’s important for you to have an understanding of the personality of the person you’re selling to and why you need to be able to flex your own personality style when necessary and appropriate.

Selling requires the sales professional to sell to many different individuals. In addition to their own agendas, these people bring their particular personality styles to the transaction. An understanding of how their personalities, and yours, can impact the sale is important.

The first step in being able to flex your personality is to understand your own personality and selling style a bit better.

Once you know your own selling style and the style’s inherent strengths and weaknesses, you will be in a better position to capitalize on the strengths and minimize or work around the possible weaknesses. » Read more: Sales Improvement – Selling and Buying Styles

4 Things That Will Grow Your Consulting Business

May 6th, 2012

There are many ways to market your consulting business. Below are just 4 simple ways that I think you will find to be very useful and if applied regularly, very effective.

Finding a Good Business Partner

A good way to grow your consulting business is to find a partner. There are a number of pretty good reasons for this. First of all you are expanding your potential client base. But you are also increasing the value of your service. How so? In looking for a good partner, find someone who brings a different set of skills and who therefore complements yours. For example, maybe you are bad at developing prospects for your business; find someone who is a consulting marketing guru. If you are someone who is more goal oriented, and always looking at the big picture, find someone who is more detail oriented. Keep in mind, your partner should share your goals. Have the same philosophy in building your business. Be sure that you also make a written agreement between the two of you to make sure each partner understands their role in the partnership.

Join the Chamber of Commerce

For a business consultant, this is a must. This is one of the best ways to have the local business community to get to know you and your services. Your business may be more National than local in reach but remember, much of your business will come from referrals from happy clients that refer you to their contacts who could be just about anywhere in the country.

Be sure to be a regular attendee at the mixers and functions and always have enough business cards on hand to give out. Be sure not to try and sell your service right away. Give the members time to getto know you first. Wait until you get to know them a bit. You will find that they will be asking you about your services in many cases.

Accept Credit Cards Anywhere

Of coarse you should be accepting credit cards, and another way to grow your consulting business is with mobile credit card processing. Accepting credit cards by phone is a good way to do this. These dial pay accounts allow you to close the deal in person write as the agreement has been made. For example, your customer may verbally commit to you on the sale or service you are providing but unless you can finalize that agreement with payment, you may risk losing the customer to other day to day distractions or worse yet, to another consulting service. Having a merchant account that can work on any telephone, including a cell phone gives you this powerful advantage and again will only increase your sales and profitability as a consulting firm.

Transaction Based Referrals

You have always heard that in order to grow your consulting business you have to have happy so they will send you nice warm referrals. Unfortunately, that is not always the case. Often times they are simply too busy to do so. This is where the benefit of this technique comes into play. Simply stated, a transaction based referral is asking for a referral at the point of payment or contractual agreement. A great way to do this is to offer some kind of discount for your service per referral and perhaps even a greater discount if they purchase your consulting services. This will even encourage your client to call the referral and recommend your services so that by the time you contact them they are already a warm lead. » Read more: 4 Things That Will Grow Your Consulting Business