Sales Management 2.0

Much is being said currently about these “slow” economic times and the added difficulty that sales people are experiencing as they work to close sales. As always, our minds turn to creating new streams of revenue and working hard to get results.

A word of caution and reminder is due here. Remember to say “Thank You” to your current client base. There are a number of solid reasons to spend some time and money on your existing clients now.

1. Nothing stings as bad as having one of your strong and faithful accounts go to another provider because they “just wanted my business more than you did.” The competition is out there shaking bushes and knocking down doors with a vengeance and the doors that they may be opening could be your clients. Don’t let your good clients forget how much you value them and their business.
2. Solid clients are often the source of new revenue. Those companies and people who have invested in your serves are probably among the strongest and smartest customers. They are no doubt dealing with the affects of the economy, as well. Solid companies are looking to make new and creative responses to the current situation and your services or products should be a part of that. Let them know you value their success and will work with them to create new revenue sources for them or make their process more profitable.
3. Your existing client base may need assurance that you and the company you represent are stable and ready to meet their needs. Calm their fears and assure them that you are in this together.

Today, make a list of the top 20% of your client base. Schedule time this week to touch base with them, preferably face-to-face to address any issues and inquire about any needs for the coming months. Remember to use a hand written thank you card and possibly a small gift to get their attention. You know your clients so you will know how to personalize something. Don’t let the persistence of someone looking for new customers rob you of your hard won and otherwise faithful client base. Say “Thank You” today!

Tags: client, retention, sales

Comment

You need to be a member of Sales Management 2.0 to add comments!

Join Sales Management 2.0

Latest Activity

Paul, Ana Bell and sayed raslan joined Sales Management 2.0
2 hours ago
Jose M Barrera is now a member of Sales Management 2.0
yesterday
Eric Gilroy added a discussion
I've gotten a lot of questions lately about Hunters vs Farmers, so I decided to write an article on the differences, as well as how to organize a sales force to support these two distinct roles.    I'd love to get some feedback from the group on w…
on Tuesday
Tom Schulte is now a member of Sales Management 2.0
on Tuesday
Ralph Burns added a blog post
As effective as Masterful Praisings are in reinforcing good behavior, reprimands are as effective at curtailing bad behavior. We call em, you guessed it…”Masterful Reprimands”. Although they are basically concept, just on opposite ends of the spectr…
on Monday
Peter Michie added 3 blog posts
on Saturday
Trevor Usken added a discussion
In our most recent VoIP study, 13% of buyers were replacement buyers (i.e. replacing a VoIP system). While these buyers bring experience with the technology to the table, they have often been burned in the past with faulty or unreliable systems. How…
on Saturday
Robert Pagliarini added a blog post
Greed is Good: Why You Need to Tap Into Your Inner Gordon Gekko Greed is good. Embrace it. Love it. Live it. In fact, greed may be the one thing that can save us. Don’t believe me? Greed was the foundation for this country. The brave souls who riske…
March 5
Charles saba el ghobri is now a member of Sales Management 2.0
March 5
Rajabu Farijala Rajabu, Mustafa Abdelhady, Ilan Kieselstein and 2 more joined Sales Management 2.0
March 4
Trish, I am 100% on board with what you just said... I think the key is really understanding what Skip means when he says hard sell. To me there is a big difference between asking for business and giving a high pressure sales pitch. To me it's kind…
March 3
Hard sell to me means "What will it take to get you into this car today?" kind of language. Not sure that works anymore but at the same time I don't believe being aggressive is a negative. I just won a large deal over a competitor and when I asked w…
March 3
Skip, It is not a style I would personally use or advocate. I don't think customers in general like to be pressured into a sale and I think it is bad for overall reputation and repeat sales. However, I can also say I have seen it work, but just bec…
March 3
Trevor Usken added a discussion
What types of metrics should be included in these goals?We have a Focus Community member that is looking for some help with this - any insight? http://www.focus.com/questions/sales/where-can-find-good-breakdown-b2b-software-sales-performance/?tfso=3
March 2
Skip Anderson added a discussion
Does the hardsell still work in this day and age? Do customers buy from aggressive salespeople? Is it a viable sales strategy? What's the price of using hard selling tactics?
March 2
stephen craine added a video
February 28

© 2010   Created by Brad Trnavsky on Ning.   Create a Ning Network!

Badges  |  Report an Issue  |  Privacy  |  Terms of Service

Sign in to chat!