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When you gain a new customer you should always look at them
as a customer for life and someone with whom you can develop a mutually beneficial
relationship. The trust and dedication you build with people will make you money and give
you a reliable income stream. If you are truly in business to succeed for the long-term
then you must cultivate trusting relationships and be pro-active about keeping in touch
with people. People who only look at their business as "one sale at a time" are
being short-sighted to not see the potential of developing solid relationships. In
addition to that, if you give up too soon before you get a sale you are decreasing your
profit stream. In many cases a "no" at this moment just means "I need more
time to understand the benefits". Jeffrey Gittomer says that, "The sale begins
when someone says no." So keep cultivating relationships and know that, in most
cases, you will not develop trust overnight. Although it takes some time, developing trust
with key people and organizations can move your business to a higher, more successful
level. You should contact your target prospects and customers at
least every other month with some kind of value-oriented communication. You could send
articles that might be of interest to them or you could send newsletters, value-added
postcards or special reports (all are discussed in depth later in your manual). These
mailings should be accompanied by periodic phone calls and/or personal meetings. The point
is that you are offering your prospects and clients some real value and that develops
trust. When you build trust in your relationships your referrals, sales, loyal repeat
business, media exposure and profits will increase significantly. Always look at the
long-term potential for your business when you are giving the time and effort to develop
life-long relationships. People want to know that you are sincere and once you have earned
their respect your business will grow.
The important factor is time. Research discovered that
confidence and familiarity are the top factors in someones decision to buy your
products or services or to give you a referral. Price actually comes in last on the list.
This does change though if you are some kind of a discount seller (like the one dollar an
item stores that are now becoming very popular). For the most part though, people buy from
who they like and from those with which they feel comfortable.
So dont give up too soon on your relationship
building and regular contact with people. It may seem fruitless when you are first
beginning but studies have shown that more than 80% of all sales close between the fifth
and ninth contacts. One of the biggest components to success is perseverance. You
dont want to quit searching right before you find your diamond in the rough - you
never know how close you are to getting a breakthrough for your business.
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