Casual Articles
#1 in Business Subscribe Email Print

You are here: Home > Business > Sales > Fish in a Smaller Pond; Fewer Customers Means More Sales

Tags

  • disregard
  • results
  • information
  • enough other
  • another member

  • Links

  • Networking Software and Hardware
  • Hard Times For Surety Bonds
  • SEO Training For Beginners Part II
  • Casual Articles - Fish in a Smaller Pond; Fewer Customers Means More Sales

    Is the Customer Really King?
    We often hear ‘the customer is king’. I don’t believe it.First, many customers do not behave like kings. Some act more like ruffians than royalty. You might want to disregard this kind of customer altogether. But it’s tough to disregard a king.Second, in certain cultures, the king was revered but also feared. Hardly the best metaphor to bring closeness be
    he time and energy to focus on bringing the maximum effort to your sales business. The customers will quickly see how you have placed a high priority on their needs, first and foremost. They will see that you have placed them ahead of you and will reward you in ways that you may have thought were not possible. One of my favorite speakers in the field of selling and success, Zig Ziglar, said this about reaching your peak performance. "You can get anything you want in life, if you just help enough other people g
    Loan Officer Marketing: Standing Out From the Competition
    Do you have the same services as other mortgage companies? Chances are, if your mortgage services are the same, your marketing tools probably look just like every other mortgage company.If you expect your mortgage business to stand out from the competition, you need to stop marketing the same way your competition does. Unless you figure out a way t
    What is the number one goal of any salesperson? The quick answer is simply: to maximize the amount of sales revenue for the company or business you represent. Yes, that is THE single biggest objective of any salesperson, and rightfully so. Obviously, sales reps need to bring in the sales to justify their jobs, firstly, and maximize their income.

    But HOW do most salespeople go about doing this? Sadly enough, the answer most would give is this: maximizing sales revenue means maximizing the number of customers you have. The more customers, the higher your sales revenue. True? Not exactly. Have you ever considered REDUCING your customer base to bring in sales results that would give you jaw dropping sales figures? Yes, I am saying it here. To maximize your sales potential, look at decreasing your customer base.

    Here's how to do it:

    1) Review your sales figures at year end. If your sales reports are accurate and provide enough information, it will reveal something to you that will reflect a very old rule, called "Pareto's Principle". You may know it under another term, the 80/20 rule. This means that, in sales terms, 80% of your sales revenue comes from 20% of your customer base. Review your list of customers and contacts to determine who falls into the top 20%. Regarding the rest of them, do what you can to drop them or give them to another member of your sales team. Trust me, before long, you will not need them nor want them.

    2) Work at maximizing your relationships with your top customers. You may need to re-think your whole way of doing business with them. Ask yourself these questions: Do I know what my customers value? Do I try to sell before I understand what it is they want or need from me? Have I developed a deep enough relationship with my clients to warrant their trust? Before you ever try selling anything to your clients, make sure you instill a high sense of trust in the relationship first. That will keep your customers FOR LIFE!!

    3) With your new customer base in place, you now have the time and energy to focus on bringing the maximum effort to your sales business. The customers will quickly see how you have placed a high priority on their needs, first and foremost. They will see that you have placed them ahead of you and will reward you in ways that you may have thought were not possible. One of my favorite speakers in the field of selling and success, Zig Ziglar, said this about reaching your peak performance. "You can get anything you want in life, if you just help enough other people g

    In a Business to Business Marketing Strategy, the 'Big Wait' is a Costly Mistake
    The inability to pull the trigger on key marketing decisions is a curious problem. On one hand, a properly selected, well-conceived business to business marketing strategy is the key to a company's growth and expansion. For many companies that have been struggling, or are stalled, implementing a marketing solution that will generate leads and sales is Priority One. So,
    rs you have. The more customers, the higher your sales revenue. True? Not exactly. Have you ever considered REDUCING your customer base to bring in sales results that would give you jaw dropping sales figures? Yes, I am saying it here. To maximize your sales potential, look at decreasing your customer base.

    Here's how to do it:

    1) Review your sales figures at year end. If your sales reports are accurate and provide enough information, it will reveal something to you that will reflect a very old rule, called "Pareto's Principle". You may know it under another term, the 80/20 rule. This means that, in sales terms, 80% of your sales revenue comes from 20% of your customer base. Review your list of customers and contacts to determine who falls into the top 20%. Regarding the rest of them, do what you can to drop them or give them to another member of your sales team. Trust me, before long, you will not need them nor want them.

    2) Work at maximizing your relationships with your top customers. You may need to re-think your whole way of doing business with them. Ask yourself these questions: Do I know what my customers value? Do I try to sell before I understand what it is they want or need from me? Have I developed a deep enough relationship with my clients to warrant their trust? Before you ever try selling anything to your clients, make sure you instill a high sense of trust in the relationship first. That will keep your customers FOR LIFE!!

    3) With your new customer base in place, you now have the time and energy to focus on bringing the maximum effort to your sales business. The customers will quickly see how you have placed a high priority on their needs, first and foremost. They will see that you have placed them ahead of you and will reward you in ways that you may have thought were not possible. One of my favorite speakers in the field of selling and success, Zig Ziglar, said this about reaching your peak performance. "You can get anything you want in life, if you just help enough other people g

    Shipping of Lighting Products; Case Study
    Shipping lighting products is like shipping eggshells, as the bulbs lenses and components are all critical to the proper functioning of the light. Unfortunately if you have seen the way that many union carriers handle the packaging these days you would seriously want NASA to pack it for you with those giant bouncing balls they use to land the Rover on Mars. Well maybe
    le, called "Pareto's Principle". You may know it under another term, the 80/20 rule. This means that, in sales terms, 80% of your sales revenue comes from 20% of your customer base. Review your list of customers and contacts to determine who falls into the top 20%. Regarding the rest of them, do what you can to drop them or give them to another member of your sales team. Trust me, before long, you will not need them nor want them.

    2) Work at maximizing your relationships with your top customers. You may need to re-think your whole way of doing business with them. Ask yourself these questions: Do I know what my customers value? Do I try to sell before I understand what it is they want or need from me? Have I developed a deep enough relationship with my clients to warrant their trust? Before you ever try selling anything to your clients, make sure you instill a high sense of trust in the relationship first. That will keep your customers FOR LIFE!!

    3) With your new customer base in place, you now have the time and energy to focus on bringing the maximum effort to your sales business. The customers will quickly see how you have placed a high priority on their needs, first and foremost. They will see that you have placed them ahead of you and will reward you in ways that you may have thought were not possible. One of my favorite speakers in the field of selling and success, Zig Ziglar, said this about reaching your peak performance. "You can get anything you want in life, if you just help enough other people g

    Risk Assessment in the Workplace - Part 2
    Step 3. Evaluate the risks and decide whether existing precautions are adequate or more should be done.Consider how likely it is that each hazard could cause harm. This will determine whether or not you need to do more to reduce the risk.Even after all precautions have been taken, some risk usually remains. What you have to decide for each significant haz
    need to re-think your whole way of doing business with them. Ask yourself these questions: Do I know what my customers value? Do I try to sell before I understand what it is they want or need from me? Have I developed a deep enough relationship with my clients to warrant their trust? Before you ever try selling anything to your clients, make sure you instill a high sense of trust in the relationship first. That will keep your customers FOR LIFE!!

    3) With your new customer base in place, you now have the time and energy to focus on bringing the maximum effort to your sales business. The customers will quickly see how you have placed a high priority on their needs, first and foremost. They will see that you have placed them ahead of you and will reward you in ways that you may have thought were not possible. One of my favorite speakers in the field of selling and success, Zig Ziglar, said this about reaching your peak performance. "You can get anything you want in life, if you just help enough other people g

    Soft Skills Identification In Hiring - How To Know Who You're Hiring
    What did they do in ancient Egypt that employers are still using with amazing success today? They analyzed handwriting.Does handwriting really show the personality of the writer? Does analyzing the writing of potential job candidates work?Answer: YES. 90% of European employers consistently use it for hiring, promotion, and interpersonal conflic
    he time and energy to focus on bringing the maximum effort to your sales business. The customers will quickly see how you have placed a high priority on their needs, first and foremost. They will see that you have placed them ahead of you and will reward you in ways that you may have thought were not possible. One of my favorite speakers in the field of selling and success, Zig Ziglar, said this about reaching your peak performance. "You can get anything you want in life, if you just help enough other people get what they want."

    I realize this may not be what most sales managers want to hear from their salespeople, but I believe that we need to look at our careers and determine that we, as salespeople, try to be everything to all in the never ending quest for the biggest piece of the pie. If we focus on the quality rather than the quantity, we may find that the pie tastes so much sweeter.

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.casualarticles.com/article/36510/casualarticles-Fish-in-a-Smaller-Pond-Fewer-Customers-Means-More-Sales.html">Fish in a Smaller Pond; Fewer Customers Means More Sales</a>

    BB link (for phorums):
    [url=http://www.casualarticles.com/article/36510/casualarticles-Fish-in-a-Smaller-Pond-Fewer-Customers-Means-More-Sales.html]Fish in a Smaller Pond; Fewer Customers Means More Sales[/url]

    Related Articles:

    Focus On White-Collar Crime: Accounting Fraud and Computer Crimes Creates Need; Qualified Investing

    The Higher You Go

    It's All Marketing! The Sneaker Wars

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com