How to Lose with Rigid Rules
When you have rigid rules for customers, you will lose business.
When you have rigid rules for customers, you will lose business.
There’s a fine line between doing whatever a customer wants, even if it’s not your core business, and learning from customers how they would like to receive your products and services.
Complexity in the sales story is a common flaw of young companies as they are growing. You’re afraid to turn away any business, so you try to do almost anything that any prospect wants you to do. Big mistake! First off, it doesn’t work, and it will cost you money and anguish before you finally learn that hard lesson.
It’s not a good thing if you don’t have any competitors; it means you don’t have a market. What can you do about it?
I have several clients whose products and services are demonstrably better than those of their competitors, based on independently verifiable measures.
Nevertheless, these clients do not always win their deals—in fact, when we first meet them, they are typically losing out on many deals where they offered a superior solution.
Why is that? How can that happen? If you base your sales strategy on “we’re the best,” you’re bound to lose.
So what’s the lesson? The asset is a customer walks into your office. How much more of an asset do you want? So don’t blow it by getting in the way. Leverage that asset by being a human being with them. Be present. Give them freedom. Don’t take it away.
Encourage your employees to build a professional social media presence to build a thought-leader company.
How well you prepare customer service representatives has everything to do with your brand.
A simple sales story is more effective than an overkill message.
The Whale Hunters founder Barbara Weaver Smith interviews Anthony Iannarino, author of The Sales Blog, about how to avoid being commoditized.
What happens when your prospect thinks you lied about the price of your services? #FatalSalesFailures
Anthony Iannarino on the topic of how to avoid commoditization.