Sales Tip for February 2010 - Volume4

Danny Wood is a nationally known trainer and speaker on sales and sales management and a Sandler Training affiliate.

Danny specializes in working with business owners, CEO’s and senior managers to maximize the return on what is often their most underutilized resource, the sales team.

Danny’s work has been noted for providing his clients with the ability to realize millions of dollars in additional business that would otherwise have never materialized or would have been lost to competitors.

His knowledge, experience, and tremendous respect for the Sales Professional led to his being selected by NJEntrepreneur.com to be their Sales Expert.


"I have finally gained great control over the sales process in my firm."
Marc Blumenthal - Principal
Sax, Macy, Fromm

"Our staff has new confidence and much less fear."
Richard Magid - President
Soundboard, LLC

"I can’t remember the last time I heard, Boss – Our prices are too high."
John Fernandez - Owner
Signmasters, Inc

"Our sales went up 30% since we started with Danny’s program."
Jim Margiotta – President
PBI-Dansensor America, Inc.
 


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Silence Is Golden ... and It Can Ruin Your Business


Here today...gone tomorrow

Have you ever had customers drift away in silence? They did less and less business with you and then, without warning, they stopped doing business altogether. They didn't complain. They didn't raise a fuss. They didn't make demands. They didn't do anything they just stopped buying from you.

Customers have a tipping point

There are customers who, experiencing a problem, become very vocal very quickly they do make a fuss and they do make demands. And, they let you know exactly what it will take to retain their business. Be grateful for them. At least you know there is a problem, and you have an opportunity to fix it.

But, there are other customers who become unhappy bit by bit over time. They appear to put up with problems or inconveniences until suddenly they are no longer buying from you. If they do say anything, it s at the very last moment and then, if it s at all possible to hold on to any part of the business, it takes a mammoth effort.

It's a fact of life

Most companies lose customers over time. And so will you. Accept it. But, you do have some control over how many customers leave and how quickly.

Don t wait for customers to complain. Get your customers to complain!

Part of your job is to find ways to uncover complaints before your customers reach their tipping point. Conduct quarterly performance reviews with your customers. (Your performance not theirs.) Provide Customer Satisfaction surveys. Make sure your customers know whom to contact at your company if they have a problem with YOU.

When you provide your customers with channels through which to voice their concerns and complaints, you obtain valuable feedback for fixing existing problems and heading off future problems. And, your customers are much less likely to drift away in silence.

© Sandler Systems, Inc.  All rights reserved.


 

Back by Popular Demand & As Reported on NorthJersey.com - January 3rd 2010

savvy buyer (headless)

Negotiating with the Savvy Buyer
Friday, Feb 26th 2010
8am-Noon

Call (201) 842-0055 or Click

Danny Wood Enterprises, LLC
301 Route 17 North, Suite 800
Rutherford, NJ 07070
Ph: (201) 842-0055
Fx:
(201) 939-0977

Dwood@Sandler.com
http://Dwood.Sandler.com

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