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Sales Lessons From Starbucks And Dell

Give Away Something To Build Value and Watch Your Sales Grows as a Business Coach



Give Away Something To Build Value and Watch Your Sales Grows as a Business Coach
   

With business coaches, executive coaches, corporate coaches growing faster than dandelions during a late spring shower, trying to increase sales may be difficult. One strategy that many coaches use is to give away 30 to 60 to 90 minutes of their time in a free or complimentary coaching session.

Some expert coaches whose practice is to work with struggling coaches suggest that this strategy is not viable. From my experience as a business coach, I believe that those so called expert coaches failed to learn that the giveaway time must be integrated into the sales process.

Would car dealers have sales if they didn’t give some mileage away during the test drives? Even retail stores give away some of the products when customers are allowed to try on clothing from suits to shoes to perfume.

However, if you are a business coach and give away an hour without integrating it into your sales process, then you probably should not give away any time. The strategy of giving away time is to continue to work toward the end of the buying/selling process that being a closed deal. If you don’t know where you are within the process, then giving away your time is counterproductive.

Another reason why great business coaches use this strategy is for the purpose of disqualifying potential clients. No one wants to work with someone who isn’t committed or where there may exist specific challenges such as communication.

As a business coach, I have discovered that when you have the opportunity to coach someone for an hour you will truly learn more about that person and come to some sort of internal understanding regarding his or her desire for success. Within my statement of work (A.K.A. proposal), one of my key assumptions is:

Client is more committed to his or her success than I am.

Simply speaking, if you want to give away some time do so, but make sure that your client understands the value. The giveaway should just be a formality for him or her to sign on the bottom line.



Give Away Something To Build Value and Watch Your Sales Grows as a Business Coach - To learn more about this author, visit Leanne Hoagland-Smith's Website.

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About the Author


Leanne Hoagland-Smith
(Visit Leanne's Website)
Are you where you want to be? Are you facing constant struggles in business or life in general? Would you like to get "Un-Stuck"? As your Chief People Officer, we can work together to create raving fans & quickly multiply your business and personal success. Let’s use your strengths for real change through proven and affordable solutions such as http://www.proce ssspecialist.com/coaching-program-emai.htm Are you seeking loyal customers, great attitudes, increased sales and improved profitability? Then we should talk because my clients have experienced exactly those types of results. Learn more about customer loyalty at http://www.processspec ialist.com/customer-loyalty.htm Give me a call 219.759.5601 and I look forward to hearing from you.
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