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Make the Switch From Selling to Educating to Increase Sales Conversion Rate
Written by: Leanne Hoagland-SmithArticle Overview: Are you selling your products or services? How is that working for you? Would you like to increase sales conversion rate? Then you may need to switch your sales skills from selling to educating.
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Free Download - How to Craft an Engaging Message That Highlights What You Do to Increase Sales By Leanne Hoagland-Smith |
Make the Switch From Selling to Educating to Increase Sales Conversion Rate
Are you selling your products or services? How is that working for you? Would you like to increase sales conversion rate? Then you may need to switch your sales skills from selling to educating.
Possibly you may be thinking I am always educating the customer. I tell him or her how great my product or service is or how my product or service can outperform the competition. As an old mentor of mine once said: If you are telling, you ain't selling.
The problem here is that you are doing all the telling with a very high ego. Now what would happen if you truly listened to the customer and helped him or her through an educational non-self serving approach?
For example, you have 5 targeted qualified potential customers in you sight. Why not send each of them a handwritten note, briefly introducing yourself and letting them know that the following week you will send them an article that they may find of interest. Of course the article would reflect your research about the issues that each company is facing. Then the next week you send the article with another note about a new article that you will send the following week. After repeating this education based marketing behavior for 2 additional weeks, you then send a word processed letter with a little more detail about yourself and letting the decision maker know that you will be calling the following week for an appointment. Sales Coaching Tip: If you wrote the article all the better. Even better, print it from a directory site such as EvanCarmichael.com.
Another example is how you end your first telephone call with that potential qualified customer. Do you say something like If I can be of further assistance, please let me know. Again, what would happen if you embraced the role of educator and said something like, With your permission, I would like to send you a white paper or article that you may find of interest specific to this current problem or issue. Sales Coaching Tip: The article or white paper must provided exceptional value and not be a sales based marketing strategy in disguise.
Auto-responders are another way to educate the customer. You provide a free report, a white paper, an assessment or even a free coaching program just for the exchange of leaving contact and industry information. The challenge is not to overburden those who signed up for excessive emails that do not provide value.
Speaking of value, it has been said that people buy from people they trust. This is true, yet trust takes time. Many individuals simply do not have the time. So what would happen if you provided greater value by offering a product or service for free. Sales Coaching Tip: Make sure that make those offerings to only qualified potential customers or centers of influence.
By using an on line assessment, I have increased my sales conversions from 40% to 80%. Since I do provide a free coaching or business strategy session, this assessment quickly demonstrates value, educates the potential qualified customer and establishes trust almost immediately. Yes, there is a minimal added cost on my end for the assessment. However, the increase in conversions offsets this cost and has also shortened the sales cycle allowing me to earn even more sales.
TAKE ACTION SALES COACHING TIP: Research those top 5 companies that you wish to have as loyal customers. Find articles or write articles that address current or future needs. If possible cite outside sources to demonstrate that you truly understand the marketplace. Then freely share them with qualified potential customers. Use a proven online assessment if one is available that brings value to your qualified lead. Your goal to increase sales should be achieved while helping you to become that trusted advisor.
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About the Author: Leanne Hoagland-Smith RSS for Leanne's articles - Visit Leanne's website Executive consultant, sales coach and speaker, Leanne Hoagland-Smith, partners with innovative and crazy busy leaders who want to dramatically improve their team results. What this looks like differs for each firm and why a free strategy session is offered just by calling 219.759.5601 CDT USA to have a conversation about the results you are seeking. If you prefer you can forward a request to coach@processspecialist.com Her book, Be the Red Jacket is a no-nonsense and quick read to help discover potential gaps that may be keeping you from your goal to increase sales. The forward is by Evan Carmichael of EvanCarmichael.com Remember if you think you cannot or you think you can either way you are right. (Henry Ford). Sales Coaching Tip: Change your thoughts; improve your results. Click here to visit Leanne's website Leadership Audit For Business Leadership Assessment Business Building Check List |
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