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Showing posts with label sales and marketing. Show all posts
Showing posts with label sales and marketing. Show all posts

Thursday, 1 April 2010

The Language of Sales: Will Your Customers Keep Buying From You?

Despite a shift in customer attitudes and behaviours, companies are still "talking down" to their clientele by telling them what to do in the hope to persuade them to buy their services or products.

When it comes to sales, those days are long gone. All it takes is a subtle change in your marketing language to produce noticeable results. A change in customer attitudes over the past couple of decades means that they have switched from needing external direction to deciding for themselves whether to buy or not to buy. They compare offers to each other in search for a better deal. In other words, they've gone from "compliant" to "decisive" — they no longer want to be told what to do and they are in control. But while many companies understand this shift on an intuitive level, they have yet to adopt the right language and approach with their customers.

Organisations that invest in research to understand exactly what makes a customer buy have had great success. They use the information to create their branding, design advertising campaigns and to train their staff on the exact language to use (or avoid) with customers — and they reap astonishing results.

So, what could businesses do differently to influence their customer decisions?

  • Rethink your message: how you address your customers will affect your sales. Some companies are still touting themselves as "the best" or "the right choice". These firms essentially tell customers what to think and what to do, which is no longer an effective strategy.
  • Put yourself in your customers' shoes: notice how you react when told what to do. What's your response when you're presented with claims that don't "hold water"? Don't you trust those organisation that keep on insisting how much they care about you through their TV adverts? How would you like to be approached instead and what message would strike accord with you?
  • Review your language: apart from checking your spelling and grammar (and I've seen a few corporate blunders), review your marketing materials and look for examples of commanding and suggestive language.
  • Fine-tune your sales approach
  • Invest in staff training: once you have streamlined your language and your message, invest in staff training to ensure that you manage customer expectations versus your promise to them.
  • Test and measure: listen to your salespeople as they talk to customers. Do they make suggestions or assertions? There is a big difference between "This is what I think is best for you" and "Here's what I would suggest/recommend for you to consider." The first is a statement and implies a command to the customer, whilst the second is a suggestion to consider.
Of course, customers' attitudes are constantly changing in many ways and the change from being told what to buy to being offered a suggestion or consideration is just one of them. It is still a call to action but in the way where customers come to a decision themselves (with your help). And even if you only address this one change, your customers will notice and appreciate the difference in your approach.

Thursday, 12 February 2009

Starting Your Business

A lot of people will say that starting your own business especially in today’s economic climate is madness. But why? Don’t people need the same services? Do they not need the same products?

Perhaps we have all become more careful with our money and cut down on spending on luxury items and think twice before making a purchase. However we still need to maintain our homes, support our families, have friends and therefore have a social life, etc. Of course, in order to do that we have to work to earn money.


Now that the economy is down and a lot of businesses are downsizing with others disappearing people are worried for their jobs which sometimes creates panic and worry as to what they would do if they were not to work.

But isn’t it now the right time to look at what opportunities are out there? Competition, although still fierce, is nonetheless reducing. One thing that a recession does is filter out those businesses that do not have a plan and strategy in place to cope with difficult and critical situations, businesses that are not flexible enough to adapt and change direction if necessary. This is true of some large businesses, which is where Small and Medium Enterprises (SMEs) have an advantage!

A lot of people I’ve met told me that the reasons they had gone into business were:

  • Redundancy
  • Decided that what they were doing for someone they could do for themselves
  • Wanted to be their own boss
  • Wanted a change in life-style and couldn’t achieve while being employed
Whatever the reasons for starting a business are, the key to starting a good business is preparation and planning. If you do not have that roadmap, then how do you know which way to go? How do you know that you future business will be a success? How would you develop and grow your business?
FAILING TO PLAN IS PLANNING TO FAIL!
If you are thinking of starting your own business then a lot of work must be done and a lot of points must be considered:
  • Legal entity: Sole Trader, Partnership or Limited Company?
  • Start-up capital and where it come from
  • Sales & Marketing strategy
  • What equipment is required
  • Premises
  • Location
  • Pricing levels
  • Suppliers, etc.
Get help and advice from specialists, such as Business Advisors, Accountants, Business Link, banks.