B2B Sales Tips: 5 Handy Tips to Utilize in any B2B Sales Situation!
When it
comes to B2B sales situations, one need to be really careful as B2B sales situations are not similar to B2C sales situations, where you do
almost anything you like with least risk as customer in b2c situation doesn’t
care much and those really product, price savvy, smart customers are rarity.
Doing wrong
things or things for short term benefits in B2B sales situations can result in permanent sales
losses, business failure in long term therefore for survival of your business you need to really make sure
that b2b sales situations are handled efficiently & effectively.
And when I say efficiently & effectively, in context of B2B sales situations it means following certain tips frequently and thoroughly!
Once you follow these tips, you will not only see healthy benefits of it for your business but will also come to know that without taking these tips seriously you are less likely to survive as a business.
5 Handy Tips!
1. Being even in price, quality, promise
2. No over/under delivery
3. Time matters a lot
4. Be a respectful, candid, listener
Okay let’s start
with the first one.
Being even in Price, Quality, Promise
What I mean
by being even in price, quality, promise is, to not charge a certain segment of
your B2B customers with higher/lower price rather to have an even price all over.
Because your
B2B customers are as savvy as you and so you might earn good amount in the
beginning by charging different segments unevenly but sooner or later they will find out and they will drop their business
dealings with you for good.
Because they
are more likely to feel being scammed, cheated on and so they lose all the respect,
love for your brand, making them feel disgusted! with your brand.
Though you
can be uneven in prices in one situation, that is when you are dealing with B2B
customers that are out-station, so there you can charge them 0.05%-2% extra but
that is as much as you can, don’t go over that or else you will end up in
trouble you wished you never had.
Likewise being
even in product/service quality that you provide, don’t ever EVER think that
you will penetrate with high quality to develop your market and then use a bit
lower quality to earn even more.
That
strategy may help you in short run but your business won’t survive in long run!
So avoid such devilish greedy ideas at all costs!
Being even
in promise means, not to discriminate between your b2b customers, rather to
have an equal promise in terms of product, service, policy etc with all your
b2b customers.
This helps
you in cultivating an even, reliable brand image among all of your b2b customers in terms
of price, quality, promise etc which in return makes your brand more credible,
trustworthy consequently more customers, more sales!
No Over/Under Delivery
It means
just because one of your b2b customer has the capacity to buy a lot, you “deliver
a lot” of your products/services to him.
Or a
customer wants a lot and you deliver him little.
In first
situation, where you over deliver, your customer might think “wtf!” yes "WTF!" ;p, he might
think that your stuff (products/services) aren’t selling and so you dumped the
whole stuff with him!
He may
either out-rightly reject the business deal or may accept with one thing in mind
to never ever deal with you ever again!
Likewise
under delivery may make him feel insecure about your brand thus he/she may hesitate
to deal with you in future and constantly under delivering may signal that you
are not a reliable, worthy business party to deal with.
In a
nutshell, avoid both situation, deliver only as much as you have been asked to
deliver!
Time Matters a lot!
This one
means to deal with your b2b customer when he/she is not occupied with his/her
customers or any other things, don’t be a pushy, pesky business dealer, wait for the
right time to deal, that is to talk to your b2b customer and see when he/she
arrange a meeting with you.
Second thing
is to deliver things on time to your b2b customer as in most b2b customer
situation, most of such customers subscribe to “just in time (JIT)” philosophy,
this one can be esp. true for financially or resourcefully weak b2b dealers who deal with other businesses.
Like for
instance a wholesaler may utilize JIT approach due to financial constraints,
warehouse limitation etc and so might ask you to deliver things “on time” and
if you fail in such situation, it will not only eliminate one of your b2b buyer but
will possibly result in bad word of mouth in that market segment from that client that may
result in losing many more clients.
Be Respectful, Candid, Listener
Majority of
b2b clients are not money, product/service hungry but respect & honesty hungry, which means
if you want to get your stuff sold to them you have to be candid, respectful
with your b2b client no matter what the situation.
Besides due
to immense enormity of “me-too” products/services your b2b client can have what
you offer from a dozen more brands like you.
That means
if you really want to get your things sold to/through a given b2b client you
need to be friendly and respectful no matter what! And in the end it will pay
off!
And yeah don't forget to be a good listener even if your client is one stupid hilly billy!
Look for a long term Relationship & Constant follow-up
Looking for
long term relationship doesn’t mean you over push yourself to be in a friendly
candid relationship with your b2b client from the moment you meet them, such
behavior can make the other party annoyed or on the defensive position to avoid
you.
It means to
develop a relationship with passage of time, it is more likely that initially you may not
get the type of response you wish to get from a client but that shouldn’t
make you stop from following-up that client.
Constant balanced
follow-up can yield healthy results only if given time!
So again
time matters a lot!
That’s it,
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TAGS B2B Branding Strategy Business Profitability Business Skills Editor Choice Sales Strategies
nice post
ReplyDeletethank you!
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