Skip to main content

Outsell Your Competition with 7 Successful Selling Strategies

Everyone wants to get more business, but with the economy still slow now, what can you do to pull ahead?

If you try to pull business away from your competitors, you have to be prepared for a price war.  Another way is to poach the top salesperson or sales manager from your competitors with high salary.  This is fast and furious, but it too starts a talent war.

How about going all out with aggressive marketing to get new prospects?  This again puts you head on with your peers, who can always retaliate easily with even more marketing budget.  The issue is how long you can last.  

If the above does not work, what can you do?  We believe that the solution lies in Successful Selling Strategies. This means that you must do things strategically and systematically.  There are total 7 Successful Selling Strategies:
  1. Service to Others as the Highest Strategy.  This is because people don't buy goods and services but good feelings and solutions to their problems. 
  2. Instead of Fighting on Product, why not use People as the winning edge?  Get people to be more connected to you is more effective than getting products that people don't feel for you.  Like Apple vs. Nokia
  3. Instead of fighting on price, Placement Strategies will be easier to implement.  Of course the best placement is always in the mind. 
  4. To get high customer satisfaction, you need to Customize Your Benefits to Make your Products Meaningful to them.
  5. To get people to buy, use the proven SPIN model: Situation, Problem, Implications and Needs/Payoff
  6. If customers are still not moved, give them an Irresistible Offer that No One Can Resist. 
  7. Finally, move your customers Up the Ladder of Loyalty and create Raving Fans that Sell for You.
By Andy Ng, whose sales courses have produced into a DVD called "Magnetic Selling".  Details of sales and other management programs are at here.

Comments

Popular posts from this blog

The Secret Under the Mattress: Why would a 79-year Man Bet So Big on 4D?

It was 2007 when we discovered his secret. While moving my father’s mattress, we found them: heaps and heaps of Singapore Pools 4D tickets. They were stacked in layers, a paper trail of lost hopes. What shocked us most wasn’t just the volume, but the stakes. He wasn’t betting a few dollars for fun. He was punting hundreds of dollars per draw—nearly ten times a month. At the time, my siblings and I were furious. Our father was a 79-year-old retiree. We wondered, with a mix of anger and confusion, why a man at his stage of life would need to win such "big money." What was he going to do with the money? We saw it as a reckless habit, a sign of poor judgment in his final years.  Some of us would say, "If I were to give him money to buy 4D, why don't I use the money and buy 4D myself?  At least I have better discipline".  It has taken me two decades, and the experience of raising my own three grown-up children, to finally see the truth that was hidden under that matt...

Have You Found Your Sun Yi and Teresa Teng?

I n the long, unfolding history of the Chinese-language music scene, "The Moon Represents My Heart" 月亮代表我的心 stands as an unsurpassable milestone. Yet, the journey of this globally renowned masterpiece, a song that would eventually captivate the world, was fraught with setbacks: it was once dismissed as "trash" by its own creator and tossed into a wastebasket, later suppressed by official policy as a "banned song ," and initially failed to gain any traction when performed by two different singers. The dramatic turnaround in this song’s fate is not merely a musical legend; it offers a profound life lesson: the greatest stroke of luck in life is not about how perfect you are, but about encountering the "right people", those who truly understand you, support you, and help you realize your potential, at exactly the right moment. I. The First "Right Person": A "Talent Scout" Who Recognizes Your Worth In the early 1970s, composer T...

How to Use Zoom Cloud Meetings Effectively

(Read also How to Secure Your Zoom meeting ) Other than Zoom Cloud Meeting, you can use other video conferencing platforms like Google Hangouts, Skype and WeChat Video Conference.  Zoom is the most popular because it is free and is easy to use, especially on the phone .  Here's how you can use Zoom effectively: Use a laptop, not your phone or tablet, especially when you are hosting a meeting.  On a laptop, you can see everything: the PowerPoint screen that you are sharing, video of all participants and the group chats.  You can easily type on a laptop and this is useful when you are translating or doing detailed explanations.   The host of the zoom meeting should mute everyone at the settings and only unmute them when they speak.  Participants can indicate that they want to speak by raising their hands before speaking Use earpiece or headsets or wireless earbuds so that you have a better concentration of the voices in the meeting and not be d...