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Suggest You - What is Wrong With Competing For Sales
Why Do Intelligent Internet Entrepreneurs Get Involved in Such Sleazy Stuff? ate was hired, I got paid. There were many times where our company would do 40-60% of the work only to find that the client had hired on their own and would not be completing the project with my firm. In other words, we did a lot of work and received no payment. Viewing The Competitive Sales Process from this perspective makes me wonder why so many businesses choose to remain caught in this trap when a much easier and more rewarding way of doing business exists.Have you ever met a fairly smart person and then watch their activities in business and just wanted to puke? It certainly gives entrepreneurship a bad name. Indeed, it makes me sick to my stomach. Why do they stoop so low? Well it appears that they do it because it works and that there is a sucker born every minute and rather than having a little integrity and ethics they simply get down to the lowest common denominator and take people’s money.But why do they do it; that is to say; Why Do Intelligent Internet Entrepreneurs Get Involved in Such Sleazy Stuff? I know for a fact that they do not have too, they are smart enough to figure out a better way and yet will not? It is such a shame to see bright people do this and it makes all business people look bad. It puts a tarnished image on the business community and makes an already skeptical public even more weary. And some of the hype marketing out there is utterly ridiculous.M The Competitive Sales Process dominates the global economy today and could be the result of the increasing complexity of doing business in the 21st Century. The internet, automat 5 Proven Tips To Build An Email List That Gets Results! Most sales processes that are used today have the essence of competition at their core. Businesses find themselves competing against each other and sometimes even against their clients. Competition is seen as the normal way of doing business in an era characterized by commoditization. The commoditization trap that many businesses find themselves in is causes them to lower their prices while the cost and complexity of doing business increases. Shrinking profits and lower margins create a fear-based mentality that pushes competitiveness to a new level. Closing the deal quickly becomes more important than offering real value to the client. This Competitive Sales Process that most people are trained to use does not honor your innate ability to develop trust and create a meaningful encounter with prospects/clients.In order to get the results you want from email advertising, you need to have a list of people who have opted in to receive your promotions.Here are five tips to quickly build a large email list, which will be the core of your email advertising efforts: DO… Tap into your existing customer base. This is the most important group for you to include. They already know about your company, and are likely to come back again if you give them a good reason. They are also likely to easily to give their email addresses as a loyal customer.You can build this email list by collecting email addresses from your customers when they come and purchase your product or service. If they need a little encouragement, try a monthly drawing for a free gift if they drop their name and email addresses in a drawing. Or, simply tell them about the exclusive benefits of being on the email list, such Many people tend to invest tremendous amounts of time and energy to give away all of the knowledge they have accumulated over the years. They give it away for free and find themselves jumping through hoops trying to win the client over, overcome objections, deliver a sales presentation and create a proposal only to then have a 50/50 chance of getting the sale. The whole sales process can be extremely disheartening and de-motivating when you give away invaluable market information in the hopes of setting yourself apart from the hordes of competition believed to be out there lurking in the shadows. This mentality that makes you want to give away your knowledge for free as a way to stand above the competition is based on fear. The salesperson becomes increasingly frustrated at the cycle of giving and getting nothing back. When fear (of decreasing returns and of not getting the sale) is the motivating thought force behind an activity, the results that manifest will be the same as that from which they came. The Universal Law of Attraction shows us that a mentality focused on lack breeds lack. The Competitive Sales Process creates an unequal relationship between the buyer and the seller. The buyer often expects a deeper commitment on your part without feeling the need to reciprocate. They have become accustomed to salespeople scrambling to make the sale with the hope of differentiating themselves from other companies in their marketplace. The seller is the one who invests all of their time, money, resources, creativity, skills and knowledge upfront, at no cost, in the hope of winning the sale. Under The Competitive Sales Process that I used in recruitment sales, for example, payment was not received until project was complete. When the candidate was hired, I got paid. There were many times where our company would do 40-60% of the work only to find that the client had hired on their own and would not be completing the project with my firm. In other words, we did a lot of work and received no payment. Viewing The Competitive Sales Process from this perspective makes me wonder why so many businesses choose to remain caught in this trap when a much easier and more rewarding way of doing business exists. The Competitive Sales Process dominates the global economy today and could be the result of the increasing complexity of doing business in the 21st Century. The internet, automati Why Are Duopolies So Competitive? Competitive Sales Process that most people are trained to use does not honor your innate ability to develop trust and create a meaningful encounter with prospects/clients.A duopoly is a situation in which two firms control nearly all of the market for a product or service.Duopolies can be surprisingly competitive. If you remember that the price of a product or service is determined solely by the highest losing bid price and the lowest losing ask price, you’ll realize why a duopoly can be so competitive. A large number of inefficient competitors will have almost no affect on prices in the long run unless someone (either a government or a group of idiotic investors) is willing to continually finance unprofitable operations in an unprofitable industry (think airlines).Of course, there is always the fear of a price fixing scheme in a duopoly. Generally, however, that fear is unfounded. Human nature suggests a price fixing scheme is far more likely to occur in an oligopoly than a duopoly. Humans weight the fear of loss far more heavily than the greed of gain when making calculations about the futu Many people tend to invest tremendous amounts of time and energy to give away all of the knowledge they have accumulated over the years. They give it away for free and find themselves jumping through hoops trying to win the client over, overcome objections, deliver a sales presentation and create a proposal only to then have a 50/50 chance of getting the sale. The whole sales process can be extremely disheartening and de-motivating when you give away invaluable market information in the hopes of setting yourself apart from the hordes of competition believed to be out there lurking in the shadows. This mentality that makes you want to give away your knowledge for free as a way to stand above the competition is based on fear. The salesperson becomes increasingly frustrated at the cycle of giving and getting nothing back. When fear (of decreasing returns and of not getting the sale) is the motivating thought force behind an activity, the results that manifest will be the same as that from which they came. The Universal Law of Attraction shows us that a mentality focused on lack breeds lack. The Competitive Sales Process creates an unequal relationship between the buyer and the seller. The buyer often expects a deeper commitment on your part without feeling the need to reciprocate. They have become accustomed to salespeople scrambling to make the sale with the hope of differentiating themselves from other companies in their marketplace. The seller is the one who invests all of their time, money, resources, creativity, skills and knowledge upfront, at no cost, in the hope of winning the sale. Under The Competitive Sales Process that I used in recruitment sales, for example, payment was not received until project was complete. When the candidate was hired, I got paid. There were many times where our company would do 40-60% of the work only to find that the client had hired on their own and would not be completing the project with my firm. In other words, we did a lot of work and received no payment. Viewing The Competitive Sales Process from this perspective makes me wonder why so many businesses choose to remain caught in this trap when a much easier and more rewarding way of doing business exists. The Competitive Sales Process dominates the global economy today and could be the result of the increasing complexity of doing business in the 21st Century. The internet, automat Creativity and Getting Outside of the Box nformation in the hopes of setting yourself apart from the hordes of competition believed to be out there lurking in the shadows. This mentality that makes you want to give away your knowledge for free as a way to stand above the competition is based on fear. The salesperson becomes increasingly frustrated at the cycle of giving and getting nothing back. When fear (of decreasing returns and of not getting the sale) is the motivating thought force behind an activity, the results that manifest will be the same as that from which they came. The Universal Law of Attraction shows us that a mentality focused on lack breeds lack.Sitting in front of a blank piece of paper? Wondering where in the world to start? I have a suggestion. Turn the page upside down. Or better yet flip it over onto it's backside. Let it know who's boss. If your first idea is terrible, write it down anyway. If the next one is silly, redundant or stupid, write it down. Who knows, it may end up being a comedy direction and that first terrible line may end up being the punch line. You never know. You are jumping off a precipice into the unknown world of creativity and you need to be a leaf at the mercy of the wind or you will come crashing down with your fears in a ball flames every time.Throw as much as you can against the wall and see what sticks. I own a jingle and music production company and I had an assignment to create a jingle, positioning statement (slogan), campaign for Petaluma Auto Plaza in Northern California. They have a huge electronic sign on Hwy 101 and we decided that The Competitive Sales Process creates an unequal relationship between the buyer and the seller. The buyer often expects a deeper commitment on your part without feeling the need to reciprocate. They have become accustomed to salespeople scrambling to make the sale with the hope of differentiating themselves from other companies in their marketplace. The seller is the one who invests all of their time, money, resources, creativity, skills and knowledge upfront, at no cost, in the hope of winning the sale. Under The Competitive Sales Process that I used in recruitment sales, for example, payment was not received until project was complete. When the candidate was hired, I got paid. There were many times where our company would do 40-60% of the work only to find that the client had hired on their own and would not be completing the project with my firm. In other words, we did a lot of work and received no payment. Viewing The Competitive Sales Process from this perspective makes me wonder why so many businesses choose to remain caught in this trap when a much easier and more rewarding way of doing business exists. The Competitive Sales Process dominates the global economy today and could be the result of the increasing complexity of doing business in the 21st Century. The internet, automat How To Exponentially Increase Your Brand Awareness Part II Sales Process creates an unequal relationship between the buyer and the seller. The buyer often expects a deeper commitment on your part without feeling the need to reciprocate. They have become accustomed to salespeople scrambling to make the sale with the hope of differentiating themselves from other companies in their marketplace. The seller is the one who invests all of their time, money, resources, creativity, skills and knowledge upfront, at no cost, in the hope of winning the sale.Previously in Part I of How To Exponentially Increase Your Brand Awareness, we have witnessed that by identifying the building blocks of your business brand, knowing what your customers want by asking them directly, you will have a firm grasp of the basics to increasing your brand awareness.So let’s get on with Part II!Step 4: Get Inside The Head of Your Ideal CustomerAnother good way to gather what your ideal customers want would be to get into the heads of your customers, and by experiencing the world that they live in. You could start by thinking about the lifestyle of your ideal customer, what are their likings, their hobbies, passion, habits, preferences and also what they dislike and hate.Better yet, you could create a personality profile of your ideal customer and write down all the likely details about them. Picture them as a whole person that you could be of service to, instead of an Under The Competitive Sales Process that I used in recruitment sales, for example, payment was not received until project was complete. When the candidate was hired, I got paid. There were many times where our company would do 40-60% of the work only to find that the client had hired on their own and would not be completing the project with my firm. In other words, we did a lot of work and received no payment. Viewing The Competitive Sales Process from this perspective makes me wonder why so many businesses choose to remain caught in this trap when a much easier and more rewarding way of doing business exists. The Competitive Sales Process dominates the global economy today and could be the result of the increasing complexity of doing business in the 21st Century. The internet, automat Customer Service Is About Establishing And Building Relationships. ate was hired, I got paid. There were many times where our company would do 40-60% of the work only to find that the client had hired on their own and would not be completing the project with my firm. In other words, we did a lot of work and received no payment. Viewing The Competitive Sales Process from this perspective makes me wonder why so many businesses choose to remain caught in this trap when a much easier and more rewarding way of doing business exists.Any type of relationship can be fragile. Your new business can only succeed if those relationships are guarded, protected and nurtured. You do that by treating your clients as if they were cherished friends. When you call a friend you probably expect a call back within a reasonable time. Your client also expects that call within a reasonable time too. If you e-mail a question to your friend or family member don’t you expect an answer as soon as they can? Of course you do. Try to answer your e-mail within twenty four hours and sooner rather than later if you can. If you can’t do it yourself get a staff member to do it. Isn’t it true that you would prefer a personal response rather than a canned response like “thanks for contacting us?” Treat your clients as you would like to be treated. It’s common sense.When you have good news don’t you rush to call your friend and also like to be updated with your friend’s good news? I The Competitive Sales Process dominates the global economy today and could be the result of the increasing complexity of doing business in the 21st Century. The internet, automation, the convergence of technologies, consolidation and globalization are the result of developed economies doing things bigger and better all in the name of progress. It is said that greater efficiencies, hence greater profits are a result of the forces of competition. What seems to happen, however, is that all of this progression puts a downward pressure on businesses to create their products or deliver the services faster and cheaper than ever before. We are made to believe that the consumers of products and services want their products faster and cheaper or they’ll go somewhere else. People are plugged in to a technological buzz that is supposed to make their lives easier, but in reality, it seems to make life significantly more complex. The Competitive Sales Process is based upon a very common mentality that sees people and corporations fighting amongst themselves to win an elusive prize. Millions of businesses are preoccupied with gaining the competitive edge. There is a whole industry based on sales strategies, psychologies, processes and formulas designed to make each sales person more competitive than the next. The most common sales strategy that is taught is all about “the sales pitch” and “the close”. You’re taught how to approach the prospect, how to formulate and discuss features, benefits and evidence. You’re taught how to ask the right questions so that you can manipulate the situation in your favour. The training is usually about how to deal with objections and rebuttals and how to close the deal. Very rarely are sales people taught how to communicate at a level that produces a meaningful encounter. This is seen as a waste of time. You’re taught to focus on walking away with the order instead of focusing on how you can best serve the person you’re meeting with. Instead, try recognizing that your prospects and clients are just like you. They have the same needs, the same fears, the same challenges and the same inner yearnings. Your prospects and clients also have the same creative energy at their center as you do. Their combination of strengths and abilities will be unique to them and are something that you can learn from, but their creative centers are just the same as yours. When you learn to see others as the same as you, you will have a much easier time building trusting and highly rewarding relationships. Your ability to treat your prospects and clients in a manner that appeals to their highest values as people will increase, enabling you to tap into the an endless abundance of good coming your way. As a business developer
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