Supercharge Your Sales with These 5 Simple Strategies

By Stefanie Neyland, Small Business Content Developer at BizLaunch.com


 

As any business owner will know, the only way to run a profitable venture is to generate a


profit. After all, without it, a business simply can’t exist. For this reason it’s essential to devise a


thorough, regularly updated sales plan that you can use as a blueprint to reach your financial


goals and achieve the success that you—and your business—deserve. Here are five


tried-and-tested strategies you should incorporate into your plan to give your sales a boost.


 

1. Incentivize your employees


It’s perhaps the simplest strategy for boosting your sales of all: give your employees a


reason to get out there and sell. Incentive-based rewards are a great way to keep your sales


team motivated, but before you go out and buy prizes, make sure that you set goals for the


company and for each employee so that you can measure their progress. Be sure to put the


company sales goal where your employees can see it, and make sure you update them on the


progress they're making every week. Also be sure to follow up with employees who are lagging


behind to see if they need any additional training or help.


 

2. Grow your network


Networking is a great way to find new customers online and offline. LinkedIn is an excellent


online tool because you can easily find groups that your customers follow based on their job


title, geography and industry. However, you can’t do all of your networking from behind a


computer screen—you also need to make it a habit to regularly attend live industry events and


conferences relevant to your industry.


 

3. Ask for referrals


If your customers like you, you should have no problem asking them for referrals. Give one


of your satisfied customers a call and ask if they know anyone that they could introduce you to.


Provide them with your sales message so they understand what you're doing, and ask if they


can introduce you to the person via email or conference call. After the customer has referred


you, make sure you contact them three times afterwards—once after they agree to refer you,


again after you’ve met the person as a ‘status update’ of sorts, and lastly, once you’ve got the


sale. Referrals are like a report card—the number you get will tell you how well you’re doing at


building business relationships and friendships with your customers. If you aren’t getting


referrals (or don’t feel comfortable asking for them), you may need to improve your product or


your customer service.


 

4. Give a little


Don’t you just love it when you get a free sample of a great product? Well, guess


what—your customers do, too. Not only will your patrons thank you for it, but they’ll also likely


end up investing in your product in the long-term.  Consider offering a free sample, a free


trial, or even a free eBook or download.


 

5. Upsell and cross-sell


One of the most effective methods of increasing your sales is to encourage your existing


customers to spend a little more with you. Use cross-selling and upselling techniques by offering


an additional product or service to complement the customer’s purchase they’ve already


committed to. If it works for car salespeople and fast food chains—it can work for you, too.



Image: PhotoSpin

By Andrew Patricio

September 03, 2014

BizLaunch