Think about how much you could potentially add to your business each day in add-on sales if you or your people were trained and focused. Now multiply that by five days a week. Now multiply that by 52 weeks per year. Now multiply that by the number of sales or service representatives you have. A mere $100 per day x…
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Why Most Small Business Owners Don’t Up-Sell
Have you been guilty of not making the up-sell in the past? I have. Why is that? Here are the reasons I have found that up-sells aren’t made (by the owner and staff): 1. Pushy salesperson You don’t want to appear as the “used car salesman” stereotype. I will share with you in just a moment that you are actually…
How to Double Your Profit with the Most Profitable Sale Ever!
In any business there is one type of sale that brings the most profit. There is one single sales activity that can make the most difference in the profitability of your company. Not taking advantage of this all-important sales opportunity will cost you thousands of dollars. The most profitable sale ever made is called the “up-sell” or “add-on” sale. Why…
Creating a Sense of Urgency
In the marketing chapter, I briefly covered that you need to create a sense of urgency in your message. In marketing, you create a sense of urgency to respond. In sales, you also need to create a sense of urgency to close. The reason is that the level of desire can wane after the presentation is over. The emotion dissipates.…
Five Ways to Overcome Price Objections
If you have come all the way to this step, the only objection you should have is “price.” Here are my five favorite ways to overcome price objections: 1. Review the value. The reason you went through the Seven Step Sales System is so you can go back to the agreement points in step five. If you assessed the market…