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Digg it UP - Lesson Learnt from a Shopkeeper
Isn’t it true that when admission officers evaluate student applications they really don’t know the student? Other than the interview that some colleges offer, acceptance decisions are based on a written document, the application. For students to portray themselves in the best light, their GPA’s, test scores, essays and recommendations must paint the best possible picture.
3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or services are you able to bundle together and produce an irresistible offer for your custo
In order to make sure that you business is running smoothly, you have to keep good financial records. This is one of the issues with which businesses are most concerned because they want to make sure that they are turning a profit and at the same time paying the appropriate taxes to the government. When a business files an income tax return, it has to have all its I's dotte
I picked up the files and stood at the counter waiting for my turn to be served. I became aware of a disembodied voice repeating “they are two for ?2.50.” At first I just ignored the intrusion but eventually I looked around and realised the voice was in fact talking to me.
“They are two for ?2.50”, I am sure you are correct thought I but why are you telling me? I finally realised that the gentleman concerned meant that the lever arch files were two for ?2.50 and would I like to purchase four rather than three.
You may be wondering why I bother to report this little encounter. The reason is simply that there are valuable lessons to be learnt that can be applied to your business regardless of size or the products / services that you supply. What are a few of these ideas?
1. Before you are able to deliver an effective sales message it is necessary to gain the attention of your prospect. In the example above a simple “excuse me sir” would have sufficed. How do you attract the attention of your prospects? Until someone is listening to you, your sales message is wasted regardless of how good it may or may not be.
2. No one purchases at the first contact. It would be wonderful if contacting a prospect once would lead to a sale but unfortunately the world does not work that way. Most people will not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.
3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or services are you able to bundle together and produce an irresistible offer for your custom
First, the program has to be easy to understand. Those who would demonstrate the program not only have to be trained, but they have to demonstrate the program with ease. A program should not be complicated when the main objective is to gain positve revenue results. The better the prospect understands, the better the likelihood that the product will be sold.Second, pr
“They are two for ?2.50”, I am sure you are correct thought I but why are you telling me? I finally realised that the gentleman concerned meant that the lever arch files were two for ?2.50 and would I like to purchase four rather than three.
You may be wondering why I bother to report this little encounter. The reason is simply that there are valuable lessons to be learnt that can be applied to your business regardless of size or the products / services that you supply. What are a few of these ideas?
1. Before you are able to deliver an effective sales message it is necessary to gain the attention of your prospect. In the example above a simple “excuse me sir” would have sufficed. How do you attract the attention of your prospects? Until someone is listening to you, your sales message is wasted regardless of how good it may or may not be.
2. No one purchases at the first contact. It would be wonderful if contacting a prospect once would lead to a sale but unfortunately the world does not work that way. Most people will not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.
3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or services are you able to bundle together and produce an irresistible offer for your custo
Ever been frustrated by someone who made a decision that seemed to be the wrong decision?Of course you have - we all have.Have you ever made a decision that was deemed to be the 'wrong' decision?You got it - we've all done this.Did you make that wrong decision intentionally; wilfully; on purpose?Of course not.In fact, if you're anyt
1. Before you are able to deliver an effective sales message it is necessary to gain the attention of your prospect. In the example above a simple “excuse me sir” would have sufficed. How do you attract the attention of your prospects? Until someone is listening to you, your sales message is wasted regardless of how good it may or may not be.
2. No one purchases at the first contact. It would be wonderful if contacting a prospect once would lead to a sale but unfortunately the world does not work that way. Most people will not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.
3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or services are you able to bundle together and produce an irresistible offer for your custo
So you've figured out, more or less what you want to do and where the opportunities are. Now; you have been called for an interview. Here are five steps for interview success for students and graduates:1. Prepare, prepare, prepare.Thoroughly research each employer you pursue. It is not enough just to show up for the interviews and hope for the best.
2. No one purchases at the first contact. It would be wonderful if contacting a prospect once would lead to a sale but unfortunately the world does not work that way. Most people will not purchase until the sixth, seventh or eight contact. This is why sending out one direct mailing piece is rarely as successful as multiple contacts over a period of time.
3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or services are you able to bundle together and produce an irresistible offer for your custo
For the small business person who knows they must advertise to bring in a steady stream of new clientele to grow their business they must be wise with their choices in advertising. A bad move can cost them thousands of dollars and yield lousy results.For instance advertising on Cable TV during election time, will generally get your ads in poor time slots plus it cost
3. One thing the shop owner was doing right was to up-sell at the point of sale. By offering two lever arch files for ?2.50 he increased the chances that customers would make a larger purchase. What products or services are you able to bundle together and produce an irresistible offer for your customers?
4. Measure, measure, and measure. The shop owner priced his offer in such a way that he could easily lose money if a reasonable number of customers would usually purchase two lever arch files anyway. Had I thought to ask I suspect that it is unlikely he would be able to tell me how many files would generally be purchased at one time? Without this information it is impossible for him to know whether he is making or losing money on his offer.
5. Contact your customers and let them know when you have a special offer. Create special offers just for your most valuable customers. This would be difficult for the shopkeeper in the example because he made no attempt to capture my name or contact details. If you do not keep your information in front of your customers you will be forgotten.
It is really very interesting just how much there is to be learnt from one little encounter in a shop while purchasing a few lever arch files.
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