Top 25 Ideas to Stimulate Sales
This entry was posted on Tuesday, July 14th, 2009 at 8:01 AM by BarbaraZ
 

Save your job. Increase your commission check. Stimulate sales. Lead generation. The buzz words of the moment. While scouring the web for the best sales ideas – a “Top 25” list was created.

  1. Follow-up on old leads – Emails, calls, business cards – anything that would be considered “old” could still be converted into a sale. Now is the time to follow-up.
  2. Increase online advertising – If you have the type of business where e-commerce will work, now is the time to increase your online advertising dollars. Online sales are less costly than hiring new sales people.
  3. Blog, Blog, Blog – Grass roots marketing is a great way to increase your exposure. Pay attention to bloggers – they are a great way for free exposure.
  4. Give clients more – To retain your clients – you may want to offer them more. Warranties, customer support, anything extra that will help you stand out from your competitors.
  5. Give back – Give back to your loyal customers. Offer a discount, sponsor an event, offer marketing support for a newsletter – reward their loyalty.
  6. Protect – Protect your current customers by offering a deal for a long term commitment. This will help you retain sales.
  7. Increase service ­ – Increase your level of service, not only to your existing clients, but also to potential clients. Understand what they are looking for and add that service/product.
  8. Social media – Use social media for prospecting – LinkedIn, Facebook, Twitter, MySpace…
  9. Understand – Understand the process and buying decisions by your current and potential clients. Know the cash flow and who is involved in the process.
  10. References – Use references/examples when prospecting to demonstrate how you can benefit the prospect’s company.
  11. Stay close – Competition is on the prowl; stay close to your customer base.
  12. Customer loyalty – Make sure you have the right approach, products, and solutions for your customers to keep them loyal.
  13. Extra care – Take extra care of your existing customers while prospecting. Your current customers are the ones providing you with sales; they should not be ignored in the prospecting process.
  14. Build your message – Identifying your customers wants and needs will help you show your value in the market place.
  15. Expand – Offer new products and services to help you expand your customer base.
  16. Stay together – Sales and marketing should work together, switching focus from branding to lead generation.
  17. E-newsletter – Happy customers are a great source for advertising. Keep them connected to your business by using an E-newsletter.
  18. E-newsletter one better – Feature a customer in a newsletter. The customer may link themselves to your website – or post the newsletter on their site – which will serve as another outlet for advertising.
  19. New clients – Take the road less traveled, find new prospects.
  20. Your message – Define your message using various tools to spread it: presentations, speeches, testimonials and press releases.
  21. Your message (even better) – Post your message online to expand your reach. Presentations, speeches… should all be online.
  22. Back to school – Commit to learning; you will serve clients better by learning more. Knowing your client’s/prospect’s competition, what is happening in the market place, and new products and services offered.
  23. Value proposition – Sales people should know their value proposition. They should be able to convince prospects how they can help them to meet their goals and overcome challenges.
  24. Repurpose – Market or repurpose your product or service.
  25. Think outside the box – Now is the time to get creative. If what you were doing before is not working, change, try something new.
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Advantages of Marketing During A Recession
This entry was posted on Thursday, May 28th, 2009 at 9:30 AM by admin
 

Stimulus packages are being handed out right and left, the Dow is plunging, businesses are closing and your customers are reluctant to spend money. Is this the time to crawl up into a ball and stop marketing or is this the time to step up and look for more marketing opportunities?

To sustain your business you need to continue to market – even during a recession. Packing it in – will not keep your business afloat. You must look at the future – not just the here and now. Sure – you will gain sales by marketing now, but the power of marketing will put you out front with your customers – they will think of you first.

If you don’t continue to market – what is going to happen when the recession ends? Will you have anything in the pipeline? Your competitors may pull back what they are spending on marketing – but this is your chance to come front in center in the eyes of your customers and potential customers.

McGraw Hill found that business to business companies that maintained or increased their marketing during the 1981-82 recession grew during and after the recession at a far greater pace than those who didn’t maintain or increase spending in marketing.

American Business Media found that maintaining share of mind during an economic downturn directly related to current and future sales and that maintaining share of mind costs much less than rebuilding it after a period of marketing inactivity.

LeadGen’s clients continue to gain appointments with potential customers; the economic downturn has not slowed down the appointment-setting process. These clients will be ahead of the game–with new sales in the pipeline, as our economy recovers.

Marketing during a time of economic difficultly solidifies your client case, portrays you as stable, takes business away from less aggressive competitors and positions your firm well for post recession growth, According to Coopers & Lybrand.

How important do companies feel marketing is during this economic downturn?

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