CEO's Role in Family BusinessI first met Roland (not his real name) in 1972. He was a high school student working a summer job in his father’s business.“We’re teaching him the business from the ground up,” his father told me proudly as he introduced me to the tall good looking kid. We shook hands, exchanged a few words, then Roland jumped on a fork lift and was off to stage another delivery.The next time I saw Roland, he was approaching 40 years of age and had served four years as company president.The business was locate
conversation until you understand what they want. Be prepared to paraphrase what you hear, and then offer your solution. Your message needs to be direct and to the point to establish the benefits of what you offer. Anything that you can do to create a mental image of your solution and the benefits to the customer shows you care more about them than the sale.
Tip #5
People are usually sold before you ask for the order. Many are presold in those first 5 seconds explained in Tip #1. If you lis
Protect Yourself Against Bad InterviewersThe only thing that might be more difficult to deal with than an interviewer who asks tough, probing questions is an interviewer who hasn’t a clue how to interview. You leave the interview feeling as if you ignited no interest, bombed the interview, and surely won’t be asked back. Where was the scintillating conversation? The professional give and take about the industry and your skills?But if you’ve just met the person, how are you to know if they’re a lousy interviewer – or you’re a lousy interview? I
Small business owners may find selling awkward or difficult at best. Here are some tips and sales techniques to help understand the process.
Sales is not a dirty word. People seek answers to problems and if you provide a quality solution at a fair price, delivered on time and willingness to service after the sale, the buyer and seller each win. This is key to making repeat sales.
A sale is identifying a need (problem) and offering a suitable product or service (solution), yet there's more.
You know the value of what you offer, so how do you convince a prospective customer? Understanding the psychology of what happens during the sales process requires empathy. You need to know what the prospect is thinking. Here are a few sales tips with answers to that part of the mystery.
Tip #1
People buy based on emotion more often than reason. They purchase what they want, not necessarily what they need. First impressions are crucial, so your initial approach must establish a professional image. You have 5 seconds.
Tip #2
People will buy from someone they trust. Your credibility must be evident, and how you open after those critical first 5 seconds will often determine your success. Do not try a hard sell up front. Avoid talking about the weather, current events, or the latest joke. It is time to listen. A brief introduction is usually enough which gives the prospect a chance to explain their business and situation.
Tip #3
People are not looking just at you. What you have, what it does, and how it will help doesn't matter until you understand fully what they want. If you start out with an open ended question, you show respect for the buyer's time, and a willingness to listen. Any question that may be answered "yes" or "no" won't work. Open ended means you begin by asking or stating something like "Please take a moment to explain your business and a few details about what you need."
Tip #4
People will open up if given a chance. Do not dominate the conversation until you understand what they want. Be prepared to paraphrase what you hear, and then offer your solution. Your message needs to be direct and to the point to establish the benefits of what you offer. Anything that you can do to create a mental image of your solution and the benefits to the customer shows you care more about them than the sale.
Tip #5
People are usually sold before you ask for the order. Many are presold in those first 5 seconds explained in Tip #1. If you lis
Advertising; Delivering the Message Part of MarketingSo often we hear marketing consultants and marketing book authors, which are a dime a dozen for the most part; say that Advertising is a Method to Communicate to the Customer Information About Your Product or Service. Sure that is one of the many ways in Marketing to reach your customer and most people who have been in business for quite a while, know that the multiplicity affect is a much better approach.For instance if you have a back board ad at the little league field then that is a smart thing to do, spo
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You know the value of what you offer, so how do you convince a prospective customer? Understanding the psychology of what happens during the sales process requires empathy. You need to know what the prospect is thinking. Here are a few sales tips with answers to that part of the mystery.
Tip #1
People buy based on emotion more often than reason. They purchase what they want, not necessarily what they need. First impressions are crucial, so your initial approach must establish a professional image. You have 5 seconds.
Tip #2
People will buy from someone they trust. Your credibility must be evident, and how you open after those critical first 5 seconds will often determine your success. Do not try a hard sell up front. Avoid talking about the weather, current events, or the latest joke. It is time to listen. A brief introduction is usually enough which gives the prospect a chance to explain their business and situation.
Tip #3
People are not looking just at you. What you have, what it does, and how it will help doesn't matter until you understand fully what they want. If you start out with an open ended question, you show respect for the buyer's time, and a willingness to listen. Any question that may be answered "yes" or "no" won't work. Open ended means you begin by asking or stating something like "Please take a moment to explain your business and a few details about what you need."
Tip #4
People will open up if given a chance. Do not dominate the conversation until you understand what they want. Be prepared to paraphrase what you hear, and then offer your solution. Your message needs to be direct and to the point to establish the benefits of what you offer. Anything that you can do to create a mental image of your solution and the benefits to the customer shows you care more about them than the sale.
Tip #5
People are usually sold before you ask for the order. Many are presold in those first 5 seconds explained in Tip #1. If you lis
6 Steps to Effective CommunicationEffective leaders are known for being excellent communicators. Here's what to do.1) Avoid "Not." Negative talk encourages arguments, counter attacks, and attempts
to solve your problems. It also creates a negative impression. For example, when
you say, "I can't," you appear helpless and ineffective. Instead, talk about what you
can do and what you want.2) Deal with impossible requests by 1) acknowledging the request, 2) empathizing with the other person's feelings, 3) saying, "I wish I could fix
nal image. You have 5 seconds.
Tip #2
People will buy from someone they trust. Your credibility must be evident, and how you open after those critical first 5 seconds will often determine your success. Do not try a hard sell up front. Avoid talking about the weather, current events, or the latest joke. It is time to listen. A brief introduction is usually enough which gives the prospect a chance to explain their business and situation.
Tip #3
People are not looking just at you. What you have, what it does, and how it will help doesn't matter until you understand fully what they want. If you start out with an open ended question, you show respect for the buyer's time, and a willingness to listen. Any question that may be answered "yes" or "no" won't work. Open ended means you begin by asking or stating something like "Please take a moment to explain your business and a few details about what you need."
Tip #4
People will open up if given a chance. Do not dominate the conversation until you understand what they want. Be prepared to paraphrase what you hear, and then offer your solution. Your message needs to be direct and to the point to establish the benefits of what you offer. Anything that you can do to create a mental image of your solution and the benefits to the customer shows you care more about them than the sale.
Tip #5
People are usually sold before you ask for the order. Many are presold in those first 5 seconds explained in Tip #1. If you lis
8 Steps to a Winning InterviewDo you want to ace the interview? Here are 8 simple steps you can take that can put you on the fast track to a winning job interview.1. Research the company beforehand. Even before you apply for a job at any company, you should investigate them. Is this a company you would want to work for? Know exactly why it is. If not, then why are you there? Research also reduces the possibility of embarrassing questions on your part. Learn the company's products or services, their size and annual revenues (if they a
What you have, what it does, and how it will help doesn't matter until you understand fully what they want. If you start out with an open ended question, you show respect for the buyer's time, and a willingness to listen. Any question that may be answered "yes" or "no" won't work. Open ended means you begin by asking or stating something like "Please take a moment to explain your business and a few details about what you need."
Tip #4
People will open up if given a chance. Do not dominate the conversation until you understand what they want. Be prepared to paraphrase what you hear, and then offer your solution. Your message needs to be direct and to the point to establish the benefits of what you offer. Anything that you can do to create a mental image of your solution and the benefits to the customer shows you care more about them than the sale.
Tip #5
People are usually sold before you ask for the order. Many are presold in those first 5 seconds explained in Tip #1. If you lis
Design MattersLet me make my position very clear…design absolutely matters. Whether it is aesthetic, functional, creative, process, innovative, intellectual, technical or applicational…design matters. While I have heard many a professional downplay the value of design, it has been my experience that most business people that espouse this opinion are commenting on something outside of their domain expertise in an attempt to justify a competing agenda or a position of ignorance. While this position may seem a bit harsh, it is nonet
conversation until you understand what they want. Be prepared to paraphrase what you hear, and then offer your solution. Your message needs to be direct and to the point to establish the benefits of what you offer. Anything that you can do to create a mental image of your solution and the benefits to the customer shows you care more about them than the sale.
Tip #5
People are usually sold before you ask for the order. Many are presold in those first 5 seconds explained in Tip #1. If you listen first, restate what they have said, and then explain your solution in terms of the benefits, it's time to ask for the order. A small business owner may not be comfortable here. My advice is simply state "I want to do business with you. From what I have learned, I'm ready to help, so let's get started today."
Tip #6
People will forgive mistakes if you remain honest. Establish trust, and openly admit errors if mistakes are made, and your customers are more likely to remain loyal. Have a plan when things go wrong. React quickly and state what happened, what you are doing to resolve any problems, and how long it will take. How you handle mistakes will be remembered by your customers a lot longer than what went wrong.
Tip #7
People will not forgive a dishonest salesperson. A sale is not about tricking someone into something they don't want or need. This is an important and tough rule: Be prepared to refuse an order if you realize your solution just won't work. In any sales situation if you perceive an opportunity to sell, but doubt the results of your product or service, consider your long term reputation. Credibility lost is nearly impossible to regain, so give your customers the truth up front.
In conclusion, the value of placing what your customer wants, or needs, ahead of your sales quota or personal interests will help you succeed. Repeat sales depend on a business relationship where you care about your customers. Adapt your thinking to solving problems instead of selling something. The best salespersons are still those who are good listeners.
Safety training videos are made so that we don’t panic in a crisis and put our lives in danger. These show us how to handle a fire, an earthquake, an accident or a natural disaster. They also include ordinary things like safety tips on climbing a ladder, driving or housekeeping. Countless websites and video production units make and sell CDs and DVDs of video clips on almost everything under the sun. If you do a Google search on safety training videos, you will come up with a minimum of 7,530,000 hits in less than .2 seconds. To choose a good video from this list is not easy. It is advisable to buy videos after having a short preview of what they contain.
Most people are familiar with franchising. For the benefit of those who are not, according to wikipedia franchising is the system of doing business wherein a franchisor licenses trademarks of a product and tested methods of doing business to a franchisee to receive payment like a percentage from gross per sales or gross profits as well as the annual fees agreed upon, as compensation for the trade secrets shared as part of the franchising agreement.
While there is no guaranteed route to business success there are key methodologies that you can apply to your business. These include key survival and success factors and building customer value. Let’s consider these aspects in greater detail.