Sales Information

Prepare to Sell!


Sales is a critical part of any business, including non-profits. Sales is not complicated or difficult, but requires preparation, consistent action and a plan. Before completing any preparatory work in sales, consider asking yourself some tough questions.

  • Why are you in this business?

  • Do you believe in your product/service?

  • What are you trying to accomplish?

    When you believe in your product and understand why you're doing what you're doing, the rest of the sales process is much easier.

    The first step in the plan is for the salesperson to know the features and benefits of the product or service (let's say product). For example, let's say your product is office furniture. Describing the features of your product and your company might look like this:

    • Been in business 18 years

    • Lots of variety - including home office

    • Free delivery

    • All price points

    • 7 day guarantee

    While features are very important, it's even more important to identify the benefits of your product. This process involves more thought - you need to put your feet in your customers' shoes and ask, "What's in it for me? (wiifm)" For example, "Why should I care if you've been in business 18 years? How does that help me?"

    To fully understand the benefits of your product, first list the features, and then answer the wiifm question for every feature. There are no rules for this exercise and there will likely be more than one benefit for some features. Getting back to our office furniture example, here are some benefits:

    • Longevity - we'll be here for you when you need us. We will remember you! You don't even have to come into the store when you need something. Bottom line - a relationship, convenience and peace of mind.

    • Variety - one-stop-shopping. No matter what you need, we have it or we will get it for you. We save you time.

    • Free Delivery - save you money.

    • All prices - you will not be disappointed. When you come to our store, you will find what you want within your budget! We save you money and minimize stress at the same time.

    • Guarantee - If it doesn't fit or doesn't look good, we'll take it back - no questions asked. This gives peace of mind and freedom in making your decision.

    If you get stuck determining the benefits, ask your customers! Why did you buy from us? If the answer is vague, be willing to go deeper and deeper until you get something tangible. For example:

    • "I bought from you because I liked the furniture."

    • You go further - "What did you like about it?"

    • "It matched my existing office furniture."

    • "So, you appreciated the variety we offer? Did you look anywhere else? What did you find there - good and bad? Were there any other reasons you bought from us?"

    This may be stressful for you, and you may feel like you're bugging your customers. Again, put your feet in your customers' shoes - do you think your customers want you to succeed? If your vendors called to ask you to help them, would you? If you're still uncomfortable, offer an incentive or gift to customers who help you to do this research.

    Another way to define benefits that are important to your prospects is to determine their needs and define their problems. By fully understanding your potential customers' needs and problems, you can better give them what they want. Sometimes your prospects don't fully understand their needs and problems, so doing this research in advance and being prepared with this information, you can help them even more.

    Now you can talk to anyone about your product!

    About The Author

    Audrey Burton, Business and Life Coach. Audrey is a caring, but no-nonsense coach. Audrey's ultimate goal is to help women to be happy with their work and life. She keeps you focused and motivated by helping you set priorities according to only your agenda. To sign up for her free, monthly email newsletter and to better understand how she works, visit her website at http://www.audreyburton.com. You only live once - love your life today! coachaudrey@audreyburton.com


    MORE RESOURCES:

    Los Angeles Times

    Sales Rose 1.9% in 2 Days After Thanksgiving, ShopperTrak Says
    Bloomberg - 57 minutes ago
    2 (Bloomberg) -- Sales at US retailers rose 1.9 percent in the two days following the Thanksgiving holiday, ShopperTrak RCT Corp. said, as a decline on Nov. ...
    Bargain-hunters fail to save November retail sales Reuters
    Conn's says sales up 50 percent over weekend CNNMoney.com
    Retailers Get a Brief Lift on Black Friday as Shoppers Look for ... New York Times
    MarketWatch - Voice of America
    all 1,381 news articles


    CIOL

    Chip sales dip in October as 'turmoil' hits sector
    MarketWatch - 14 hours ago
    By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) -- Semiconductor sales declined in October, highlighting the serious impact of the "worldwide ...
    Chip sales fall 2.4 pct in October-industry group Reuters
    Semiconductor sales down despite falling prices Bizjournals.com
    Semiconductor Industry Slumps On Slow Demand Forbes
    International Herald Tribune - CNET News
    all 70 news articles


    Zoltek Reports Record Quarterly and Full Year Sales
    MarketWatch - 1 hour ago
    today reported results for the fourth quarter and full fiscal year ended September 30, 2008, highlighted by record quarterly and annual sales. ...
    OTI Reports FY 2008 First Nine Months and Third Quarter Financial ... MarketWatch
    all 37 news articles


    Mosaic says sales suffer in downturn
    CNNMoney.com - 7 hours ago
    NEW YORK (Associated Press) - Fertilizer maker Mosaic Co. said Monday that second- and third-quarter sales will be down on lower demand due to factors such ...
    UPDATE 1-Mosaic says fertilizer sales soft, shares fall Reuters
    Mosaic: Phosphate sales fall 38 percent Minneapolis Star Tribune
    Mosaic Previews Fiscal 2009 Second Quarter Results MarketWatch
    all 22 news articles


    CTV.ca

    Black Friday sales chalk up 3% gain from last year
    MarketWatch - Nov 30, 2008
    ShopperTrak said in a report Saturday that preliminary sales for Black Friday totaled $10.6 billion. This year's rise in sales, while lower than the 8% ...
    US ‘Black Friday’ Sales Rise 3%, ShopperTrak Says (Update2) Bloomberg
    US holiday sales make solid start BBC News
    Retailers Thankful, But Gains Modest Tampa Tribune
    Washington Times - Crain's Chicago Business
    all 861 news articles


    Computerworld

    Ahead of the Bell: Analysts see flat online sales
    CNNMoney.com - 16 hours ago
    NEW YORK (Associated Press) - As consumers transition the hunt for holiday deals from malls to their computers, analysts said that sales on "Cyber Monday" ...
    Video: Online Retailers See Monday As Black Friday AssociatedPress
    Outlook mixed for online sales despite Cyber Monday promotions San Jose Mercury News
    Experts see slowdown in Cyber Monday sales Newsday
    Reuters - Bizjournals.com
    all 1,895 news articles


    MEDecision Adds Key Executives to Further Strengthen Operations, Sales
    MarketWatch - 15 hours ago
    Addition of Scott A. Storrer as President and COO, C. James Adamek as SVP Sales Will Leverage Alineo Platform for Operational Excellence and Growth WAYNE, ...


    AFP

    German Retail Sales Drop as Recession Damps Spending (Update1)
    Bloomberg - 21 hours ago
    1 (Bloomberg) -- Retail sales in Germany, Europe’s largest economy, unexpectedly fell in October as the fallout from the global financial crisis damped ...
    German retail sales down 1.5 percent in Oct. The Associated Press
    German retail sales post surprise fall in Oct guardian.co.uk
    German retail sales fall by 1.6 percent in October: statistics AFP
    Monsters and Critics.com - Onet.pl
    all 81 news articles


    Auto sales better than last month but still bad
    MarketWatch - 12 hours ago
    By Shawn Langlois, MarketWatch SAN FRANCISCO (MarketWatch) - November US vehicle sales may have perked up from the prior month's abysmal showing, ...
    The slumping price of gas is one factor in helping revive sales of ... Baltimore Sun
    all 8 news articles


    Synygy Selected by Axcan Pharma for Sales Compensation Plan Design ...
    MarketWatch - 13 hours ago
    Earlier this year, Synygy's Sales Operation Management (SOM) consulting practice completed a sales compensation process assessment for Axcan that made ...

    Sales - Google News

  • home | site map
    © 2006