Tag

marketing Archives - Tadpole Training

Jan 30
1
scared customers

5 Things that could be scaring your customers away

By | customers, entrepreneurs, sales tips | No Comments

5 Things that could be scaring your customers away (and what you can do about it)

Let’s face it, customers can be tough to win, so the last thing you want to do is scare any of them away. However, if you are involved in selling in any way at all, make sure you are not doing anything on this list:

Projecting desperation

It doesn’t matter whether it is business or life in general, we can always sense if someone is desperate and we don’t like it. In fact, we are likely to react by withdrawing, because that’s the human response. Remember your focus should always be on your customers and their needs (not your salary, bonus cheque, meeting your target or anything else financial). So even if you are struggling, push it as far to the back of your mind as you can and concentrate on helping your customer.

You don’t look professional

OK, we are not all supermodels, but can you honestly say you project the right image for whatever it is that you are selling? By the way, you don’t necessarily have to turn up in a suit and tie – if you are in an office environment, then that is fine, but you should dress appropriately for the thing you do. I go to a lot of networking meetings, full of serious businesspeople and all of them dressed differently. But the constant? Even the people who work in the more manual type of organisations can always manage to look professional. Clean, neat, tidy. See – it’s not so hard is it?

You promise everything

Seriously, the chances of you being able to give every customer every thing they need is small, so don’t feel pressured to say ‘yes’ to each request – if you do that and then the customer wants it, you are going to be in big trouble further down the line.  It is better to be honest (or perhaps sell them an upgraded package with the ‘thing’ they want for more money!). It might not be easy, but a lot of sales is about compromise anyway – just give them all the facts and keep mentioning the benefits of your solution. If you do your job well, there is a good chance you will get the sale anyway. Better than a false sale followed by a refund!

You don’t take notes

This is about two things:

  1. Listening carefully and paying attention to the person who has been kind enough to grant you some of their time. This is respectful. There is a phrase ‘people buy from people’ and one of the building blocks of a good relationship with customers is the ability to listen and understand.
  2. Ensuring that you don’t forget important details and, because you have written down key points, you can summarise and check your understanding. This is professional and it reassures the customer because it shows that you are less likely to make mistakes with their precious money if they use you.

You are irritating

What does your voice sound like and what is your body language saying? Do you repeat things, tell boring anecdotes, take ages to get to the point, or make negative comments about other people? Now of course, we all think we are wonderfully interesting, but what if (shock horror) we are not as engaging as we think we are? Look out for signs that you are boring or irritating your customers. Yawning, loss of attention, or early conclusions to meetings are tell-tale signs that you are being less than captivating. Consider taking someone you trust out with you on a sales call to give you some constructive feedback and help you improve.

So with any luck you are not a desperate, unprofessional, “say yes to anything”, irritating salesperson with no notebook. However, if you are, perhaps you have a few things to work on!

Happy selling!

Jan 30
1
biggest threats to your business

Do you know the single biggest threat to your business right now?

By | entrepreneurs, marketing, sales tips, Training | No Comments

Do you know the biggest threat to your business right now?

 

Well, if you don’t you should. I speak as someone who has experienced what happens when an 18 year old established business gets wiped out pretty much overnight, due to a change in Government policy. And for anyone in Britain, 3 simple words: “British Home Stores”. Do I have your attention now?

Whilst every business is different, I would urge you to use some simple management tools – a favourite of mine is the good old SWOT Analysis – in order to give yourself an objective overview of what is going on in your business right now. Depending on the size and sophistication of your outfit, you may want to use other management tools or industry experts, but whatever you do, choose something and get yourself prepared.

So here, in no particular order, are some of the biggest threats that could be facing you and your precious business:

 

Long Term Sickness or Injury – in many small businesses, one person is the key to everything. If this person couldn’t work because they were ill or injured (or even dies), then how would the business replace them – would there be funds available, or would the revenues dry up completely because everything revolves around that person? If you haven’t, then you should consider taking out Key Person Insurance, which will provide you with financial security should the worst happen.

Not managing your Sales Pipeline – many small business owners are not sales experts (they are experts in their core business after all) and once the sales start to come in, it can bring a false sense of security that things will always go on this way. However, it is a fact of life that customers leave (they find someone else, they relocate, they close, they don’t need you any more). So how would you cope if your biggest or most profitable customers suddenly left? You need to have a constant pipeline of potential new customers to replace the inevitable losses that always occur.

Lack of Planning – “If you fail to plan, you plan to fail” goes the saying. But if the last time you had a proper strategic business plan was when you started, then the chances are that your business is just drifting along. So do you regularly schedule time in for planning? Do you have a 6 month, 12 month or 5 year plan? Do you have an exit strategy? When is the last time you did some strategic planning? If you want to know more about how, read about how to do a SWOT Analysis here Without a plan, how can you possibly put in place the steps you need to take to achieve your goals? Too many small business owners get bogged down in the daily detail without taking the time to look at the big picture and then, when something significant happens, they are not prepared.

Not spending enough resource on sales and marketing – by resource I mean both time and money. In today’s world you can’t just stick up a poster advertising your business and watch the money roll in. You need to experiment and work out which types of promotion work for you and which are most cost effective. Many people think marketing is about promoting your business, but that is just part of it – you need to make sure your product and prices are competitive and that you offer something that people actually want. How do you make it and get it to the customer? Do you have testimonials, processes and procedures to make the buying process smooth? And do you have someone with enough sales skills to turn potential customers into actual paying clients? If this all seems too intimidating, then get expert help and hire someone who can do it for you.

Cash flow crisis – bad debts can often become a major issue for small businesses. Lack of capital to reinvest in your business can destroy it over the longer term, but if it has no liquidity at all, your business can be shut down instantly. So do you have terms and conditions that clearly state your payment terms? Are you good at chasing outstanding payments? Do you insist on deposits or payment up front and do you make credit checks on new customers? It might seem like a lot of hassle, but it is nothing like as painful as buying stock up front, fulfilling an order and then never getting the money.

There are, without doubt, many more threats to business than those I have discussed here. I would welcome your thoughts on what you believe are the biggest challenges small businesses face in the UK at the moment.

Janet is based in Enfield, north London and trains small businesses and entrepreneurs how to sell more. She has recently reached the final of the Institute of Sales and Marketing Management’s national awards (BESMA 2016) in the category of Sales Trainer of the Year and, in November 2015 won ‘Start up Business of the Year’ at the Enterprise Enfield Business Awards.

If you enjoyed this article and you would like to receive a free download: Janet’s 8 Proven Sales Tips, please click on this link now.

Click Here for 8 Proven Sales Tips

Jan 12
1
Historical lady saying no

Have you ever talked yourself out of a sale?

By | customers, entrepreneurs, marketing, negotiation, sales tips, Training | No Comments

Have you ever talked yourself out of a sale

(and what should you have done differently?)

It is important to understand when to talk and when to stop. When we are being sold ‘to’ none of us likes to be with someone who talks constantly; it is irritating and it can make us feel resentful because it is taking up our time. This is especially true if we have already made our mind up to buy.

When you are the one doing the selling, you should also be aware that not every customer needs to know everything about your product or service – all they really need to know is whether it will solve their problem or meet their objective and how. Anything else is just clutter and can put the sale at risk. Read More

Jun 20
0

Make someone happy today – recommend them!

By | customers, sales training | No Comments

Make someone happy today – recommend them!how to sell - happy people

In my job I train people how to sell. When it works it is amazing – they get something they can use for life and, sometimes it transforms them. That’s a wonderful feeling. What do you do that helps people? Perhaps you provide a service or product that they love. It doesn’t really matter what it is, but don’t you just love that terrific warm feeling of a job well done and a customer with a smiling face?

So why not spread a little happiness around? When someone is kind enough to thank you, praise you or publicly compliment you on what you have just done for them, don’t you feel just a little bit taller, a little bit Read More

Dec 01
0

A Simple Introduction to Marketing

By | marketing, sales training | No Comments

Marketing is a huge subject, so it is useful to have a simple overview of what marketing really is. Most of us probably know some marketing activities like: using social media, printing leaflets and getting yourself out there in the world to tell people about what you do. However, marketing is a little more complex than that. In simple terms, marketing can be defined as:

‘…the management process responsible for identifying, anticipating and satisfying customer requirements profitably.’ (Chartered Institute of Management)

Or, in slightly easier language, delivering the right product or service to the customer at the right price, in the right place, at the right time.

In order to do this successfully, there are a number of key issues that need to be considered in what is called ‘The Marketing Mix’. These were traditionally known as ‘The Four Ps, but now it is widely accepted that there are ‘7Ps’.

These are outlined below: Read More