The Art & Science of the Relationship Sale
There
is an art and science to building a relationship between you
and your customer. A valuable relationship is worth more than
any single sale. It is an asset on your balance sheet that
cannot be accurately valued. Only time and trial can begin
to quantify the worth of knowing and doing business with somebody.
Knowing
how to build good selling relationships can allow you to build
a network of value-creating centers of influence. Each center
can build its own network and you will be the beneficiary
of the influence in each center. The longer you work on the
building of solid, value-creating relationships, the larger
and more enriching your network will become.
When
I ordered a pizza the other night, the man on the other end
of the phone asked me for my phone number. I gave it to him
and he immediately called me by name and confirmed my address.
He then asked me what I would like to order. I told him and
he asked if I would like a six-pack of my favorite soda. I
felt understood. We had a relationship. On this order it was
worth about $15 and a couple of bucks for the guy who delivered
it. Who knows what the next order could be worth? I come from
a big family and when I get together with my brothers and
sisters and their kids, we can eat a ton of pizza.
This
is a very simple example of what a minor relationship is worth.
How big is your largest customer? I am willing to bet you
have a good relationship with them. If you had ten more customers
just like your largest customer, what would that be worth
to you? Can you find ten more customers like your largest?
Of course you can. You simply have to find prospects as large
as your number one client and build the same kind of valuable
relationship with them.
I
have not sold printing for about seven years. Today, I teach
people how to sell printing and more. In the last six months
though, I have had at least one conversation with someone
who works for or did work for my five largest printing customers.
I wasn't trying to sell them anything. I was just touching
base to see how they were doing. The value of the relationships
I enjoyed with them superceded the business that we did together.
Should I ever decide to sell printing again, I am sure they
will be delighted to consider doing business with me.
Here
are six ways you can build value-creating relationships with
your customers:
1.
Do good business. Be prompt on sales calls and with the delivery
of your products. Treat the customer with good manners and
always follow through on your promises.
2. Be a good listener. My friend, Zig Ziglar, says that people
don't care how much you know until they know how much you
care. When you listen to another person with interest, concern
and enthusiasm, they cannot help but want to have a relationship
with you. If you listen, you care.
3. Practice people-oriented values. Find out at least five
things about your customer that you admire. When you are with
them, focus on those attributes and let them know of your
admiration for their skill, character or values.
4. Find out what challenges your customer professionally.
If you can, use every tool at your disposal to help them deal
more effectively with those challenges. If you have no way
to help, always be on the lookout for solutions and pass them
along when you can. This can come in the form of an article
or a referral or television documentary. It can take almost
any form.
5. Practice the skill of enlightened self-interest. This skill
means that you always ask for value in return for value. If
you see a good opportunity for your customer, pass it along.
Then ask for a referral in return. The very definition of
doing business in a capitalistic society is the exchange of
goods and services for the mutual benefit of both parties.
This is key to mutual respect and understanding.
6. Get to know your customers as people. Go out of your way
to spend time with them doing something other than business.
This takes time and commitment. It is not always easy with
family and personal life to devote more time to getting to
know someone in business. However, it is valuable. Go to a
sporting event. Invite them for a cookout. Have a holiday
party once a year and invite your best customers and prospects.
If you are willing to commit to a plan like this then you
are serious about creating relationships, not just customers.
Once
you have committed to these six steps, then remember what
a relationship is. It is connectivity between you and another
human being. If you want your network of computers to function
properly, you must have connectivity. It consists of hard
wires or cables or telephone lines. If you want the network
of relationships between you and your customers to work, you
must create connectivity. Between human beings, connectivity
takes the form of solid and consistent communications. The
more communication you have between you and your customers,
the more effective and value-creating those relationships
will be.
Have
a regular and consistent plan for communicating with your
customers. Send an e-mail or fax newsletter to them once a
month. Send a card for their birthday or take them to lunch.
Make an appointment with them to critique the work you and
your company are providing for them and their company at least
twice a year. If problems surface in the critique, solve them
quickly and to the satisfaction of everyone involved. It will
keep your line of communications open and your relationship
healthy.
Finally,
enjoy the relationships you are building. Knowing other human
beings and caring about what happens to them and their business
is both a privilege and a pleasure. All the money in the world
cannot replace the value of a life filled with meaningful
relationships. If you have meaningful relationships in sales,
you can wind up with all the money in the world.
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