So in your haste to get that sale most of us try "to sweeten the deal" by dropping the price or throwing in those extra "stuffs" to entice the customer to buy from us and not from another store. How does one ensure a repeat business or to get a good feedback by "word of mouth" to other prospective clients? Well, mastering selling is like to master the art of persuasion, is it not? On the contrary, the methodological approach of selling, as termed by the Free Encyclopedia, refers to it as "a systematic process of repetitive and measurable milestones, by which a salesperson relates his offering enabling the buyer to visualize how to achieve his goal in an economic way." Plainly stating that selling is when a salesperson relates to his prospective client the ways in which his product can benefit the needs of the client and get the client to pay the price the seller is selling it for. So how do you do this without having to take a big chunk out of your investment just to make that sale?
First off, in every type of sale, whether it is professional service or commercial product, it is important to create a good relationship with your customer. There will always be a give and take involved in every point of sale. The point here is not to be the one doing all the giving. So here are six pointers that could be of help:
1. Know who your competition is or who your customer or client?
2. Know what service you are selling or what product you are offering be it what the public needs or not and what other services or products you have to offer to fit those needs. This way you can influence the customer's emotional attachment to the product he/she is "thinking of" buying.
3. Come out with your best offer. Don't hesitate to say the asking price. Customers will always ask for the "concessions" they can get first then they would bounce the offer back and forth between you and your competitor. Have some INTEGRITY. Don't fold right off when they tell you how much your competitor offered. Take your stand and make the client realize that yours is a better deal because your product is of the highest quality and if the competitor dropped their price in a flash it could only mean that they were overpricing in the first place. Show confidence in your product. Let your offer stand.
4. Never start the conversation with a price. The only time you give your customer your asking price is after you have explained to them the major advantages they would benefit from buying your product or services.
5. Never hurry the sale. It is always to your advantage to give the customer time to think it over. This shows them how considerate you are towards them, thus, the start of a business relationship in progress.
6. Know the meaning of COMPROMISE. The dictionary defines compromise as: "A settlement of differences in which each side makes concessions." If you look at how it is spelled, it goes like this: CO-M-PROMISE. This basically shows two or more people making a promise to meet in the middle. Compromise consists of two parties and not just one. If you need to, decrease the price if the customer is really concerned with the investment. When you can afford it, let them know that you can and you are willing to work within their budget but with the deletion of some of your services or minus some "stuff" from the package with the promise of a repeat business.
Remember not to show any signs of desperation. Once you have established your relationship with a customer you will have an easier time to increase your rates in the future. All you need to do is to believe in yourself, in your product or service and in what your business brings to the table.
Published by Rashel Dan
Author is an expert in the business and finance industry, and has background on academic research as well as in copywriting on various topics such as women's health, entertainment, beauty and shopping, sport... View profile
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