Referencing hard data as well as anecdotes, the author of the book “Selling with Noble Purpose,” Lisa Earle McLeod, found that salespeople who have a sense of purpose outperform salespeople who are purely quota-driven. Spend some time with your managers and salespeople to craft the answer to the question: “How will this customer be different as a result of doing business with us?” and motivate your sales associates to see customers as the people they are.
Your employees cannot be trained properly without having data to assess where they are in comparison to their goals. Once you have your purpose defined, use a software solution that tracks and analyzes sales performance data and provides tools to forecast sales. Some analytics companies even offer employee scorecards to target future sales opportunities.
Ignoring Your Online Reputation
Take a step back and create a “big picture” marketing plan that incorporates reputation management and social media marketing. Nearly 90 percent of people reading online reviews are influenced by them, according to Zendesk. You may miss out on potential business without building out an interactive online presence.
Your website is a good place to start, but pay attention to your social networks as well. Use social media to direct business back to your website, where users can find information about your brand and services. Use other free or low-cost marketing avenues including electronic newsletters and postcards in bulk mailers to continue interacting with your customer base. However, don’t make the mistake of measuring your success by simply tallying the response to one-off campaigns or coupons. Instead, use your data to calculate a return on investment for each tactic and determine which is the most effective for your audience. Having this information will help you tighten up your expenditures and continue to be more profitable.
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