Double Your Sales
Double Your Sales
After I read the story I figured if Proctor & Gamble could double their sales I could too. I though of words that I could add to my labels so to speak. I sold tires, appliances, furniture, electronics, and jewelry. I thought, what does every buyer want when they purchase products and services. A guarantee. Simply by telling my customers, repeatedly, about the guarantee that comes with the products I increased my sales. Then I increased them again by improving the guarantees I gave my customers.
For example, in my electronics and appliance businesses, everyone guarantees to service, or have serviced the products they sell Monday through Friday, perhaps some on Saturday. I increased my guaranteed to 7 days a week.
One day I was selling a 20 inch diagonal color television to a customer and he said, "This is a really good deal." I replied, "It sure is, you should buy two of them." And he did. I learned a long time ago that you must always find out why people are buying from you so after I collected the money for the two televisions I asked him if he intended to purchase two sets when he came in. He said, "No". I made twice the profit just by asking him to buy two television sets.
Of course customers will just not make additional purchases simply because you ask them to. You must show them the value in making additional purchases. And that is easy. All you have to do is show them the benefits they received from purchasing your products and services.
Another way to double your sales without increasing your marketing costs is to bundle your products. Give your customers a better deal when they buy more of your products and services at the same time. It is well know that a washing machine wears out in less time than an electric or gas dryer. But I always felt the best time to sell a customer a new dryer was when they were buying a washer. After all they are in the buying mode. So after determining, by asking them questions, that they really were not in the market for a new dryer, only a washer I would make them a deal they could not refuse on a new pair (washer and dryer). I would also show them how it would only cost them a few dollars more a month if they financed the purchase. And since we offered same as cash, no interest charges, financing when the items were paid off in a set time period almost everyone took advantage of our financing.
A local office supply store just did the same thing to me. I was purchasing a new printer and the sales person walked me over to the ink display to show me that if I purchased a dozen cartages at the time I purchased the printer I would save 20% on the ink cartages. Then he convinced me that I should purchase a carton of paper because it was two-for-one at the time of purchasing the printer. He bundled me right into a good deal for me and for the store. And I am sure for his commission also.
Double Your Sales without gaining new customers or increasing your marketing costs by selling more products and services to each customer.
Double Your Sales - To learn more about this author, visit Bob Janet's Website.
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Once I read how Proctor & Gamble wanted to double their sales of shampoo without increasing their advertising, without spending any marketing money or even increase the number of businesses that sold their product. Even without gaining a single new customer. And they did it. They doubled their sales by adding one 6 letter word to their label. Do you know what the word is? They doubled their sales of shampoo by adding the word, ‘repeat’ at the end of the 'how to use instructions'.
After I read the story I figured if Proctor & Gamble could double their sales I could too. I though of words that I could add to my labels so to speak. I sold tires, appliances, furniture, electronics, and jewelry. I thought, what does every buyer want when they purchase products and services. A guarantee. Simply by telling my customers, repeatedly, about the guarantee that comes with the products I increased my sales. Then I increased them again by improving the guarantees I gave my customers.
For example, in my electronics and appliance businesses, everyone guarantees to service, or have serviced the products they sell Monday through Friday, perhaps some on Saturday. I increased my guaranteed to 7 days a week.
One day I was selling a 20 inch diagonal color television to a customer and he said, "This is a really good deal." I replied, "It sure is, you should buy two of them." And he did. I learned a long time ago that you must always find out why people are buying from you so after I collected the money for the two televisions I asked him if he intended to purchase two sets when he came in. He said, "No". I made twice the profit just by asking him to buy two television sets.
Of course customers will just not make additional purchases simply because you ask them to. You must show them the value in making additional purchases. And that is easy. All you have to do is show them the benefits they received from purchasing your products and services.
Another way to double your sales without increasing your marketing costs is to bundle your products. Give your customers a better deal when they buy more of your products and services at the same time. It is well know that a washing machine wears out in less time than an electric or gas dryer. But I always felt the best time to sell a customer a new dryer was when they were buying a washer. After all they are in the buying mode. So after determining, by asking them questions, that they really were not in the market for a new dryer, only a washer I would make them a deal they could not refuse on a new pair (washer and dryer). I would also show them how it would only cost them a few dollars more a month if they financed the purchase. And since we offered same as cash, no interest charges, financing when the items were paid off in a set time period almost everyone took advantage of our financing.
A local office supply store just did the same thing to me. I was purchasing a new printer and the sales person walked me over to the ink display to show me that if I purchased a dozen cartages at the time I purchased the printer I would save 20% on the ink cartages. Then he convinced me that I should purchase a carton of paper because it was two-for-one at the time of purchasing the printer. He bundled me right into a good deal for me and for the store. And I am sure for his commission also.
Double Your Sales without gaining new customers or increasing your marketing costs by selling more products and services to each customer.
Double Your Sales - To learn more about this author, visit Bob Janet's Website.
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Dave KurlanDave Kurlan is the founder and CEO of Objective Management Group, Inc., the industry leader in sales assessments and sales force evaluations, and the CEO of David Kurlan & Associates, Inc., a consulting firm specializing in sales force development. Dave has been a top rated speaker at Inc. Magazine's Conference on Growing the Company, the Sales & Marketing Management Conference and the Gazelles Sales & Marketing Summit. He has been featured on radio and TV, including World Business Review with General Norman Schwarzkopf, in Inc. Magazine, Selling Power Magazine, Sales & Marketing Management Magazine and Incentive Magazine. He is the author of Mindless Selling and Baseline Selling – How to Become a Sales Superstar by Using What You Already Know about the Game of Baseball. He created and wrote STAR, a proprietary recruiting process for hiring great salespeople, and he writes Understanding the Sales Force, a popular business Blog and is a contributing author to The Death of 20th Century Selling and 101 Great Ways to Improve Your Life, Volume 2. - Visit Dave Kurlan's Website |
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Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
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Linda RichardsonLinda Richardson is the Founder and Executive Chairwoman of Richardson, a global sales training and performance improvement company. As a recognized leader in the industry, she has won the coveted Stevie Award for Lifetime Achievement in Sales Excellence and she was identified by Training Industry, Inc. as one of the “Top 20 Most Influential Training Professionals.” Ms. Richardson is credited with the movement to Consultative Selling and is the author of ten books on selling and sales management, including Sales Coaching — Making the Great Leap from Sales Manager to Sales Coach, and Stop Telling, Start Selling. She teaches sales and management at the Wharton Graduate School of the University of Pennsylvania and the Wharton Executive Development Center. Linda is a frequent speaker at industry and client conferences, has been published extensively in industry and training journals, and has been featured in numerous publications, including The Wall Street Journal, Forbes, Nation’s Business, Selling Power, Success, and The Conference Board Magazine. Learn more about Richardson's sales training and performance improvement solutions at http://www.richardson.com web - Visit Linda Richardson's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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George LudwigGeorge Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance. Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson. His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more. George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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