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Index » Business & Commerce » Small Businesses
 

Don't Wait - Sell The Future Now!

 
Author: Larry Galler

Just as you are about to say good-bye to your hair stylist, you get the question, shall we make our next appointment?

Most businesses sell products or services that are cyclical in their need curve. In other words, the client has need of your product at regular intervals of time. Examples are a veterinarian (varying amounts of time between needs), a tax accountant (at least annually, often monthly or quarterly), or a house painter (five to ten years). The customer, once finished with the transaction knows they will be in need of this service in the future. Most vendors, once finished with the transaction, hopes the customer will remember to come back at that time. But that is exactly the best possible time to pre-sell the next purchase right then, when the customer is the very happiest they made the purchase from you.

Yet, clients, even if they are happy with the product they purchased, are lost every day because:

They dont remember who provided that service last time

A competitor is able to capture your customer by promoting aggressively

It was more convenient for them to go elsewhere

The vendor did not pre-sell the next sale

Companies that have a pre-selling program and a way of offering it to customers at the best possible moment are able to retain their customers longer and grow their businesses faster. It might be as simple as, like the hair stylist, just asking for the next appointment.

Author Bio:

Larry Galler

Larry Galler has been an owner of three small businesses selling to local, regional, and national markets. Since 1993 he has been coaching and consulting high performance executives, professionals, and owners of small businesses to extraordinary acheivement. He speaks frequently to business groups and has written a weekly newspaper column since 2001. If you want to increase the velocity of your business success, contact Larry for a free coaching session - larry@larrygaller.com .

You can search for this article using: small business, small business opportunity, small business online assistance
 
 
 

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