Building Business Relationships

Are you struggling to create and keep profitable customers? Columns for Sales and Marketing Management who wants to build business relationships.
Thursday, August 28, 2003

Close more sales with needs analysis questions

Even before your sales presentation or first customer interaction, you need to know exactly what prospects expect to receive from your product or service.  It is naive to assume your sales people know the specific touch points for each prospect-- but asking the right questions will make a huge difference to prequalify prospects.

(Continue ... Close more sales with needs analysis questions)

Look sharp to improve business relationships

Only skin-deep? Attractiveness pays off, researchers find [IHT: Business]

People want to please attractive people, fortunately the level of ones physical attractiveness is relative within social groups. Attractiveness is also measured by your actions.  If you appeal to your employees, you're more likely to be followed.

While this seems like an odd leadership skill, encourage your managers to put their best foot forward. Help employees learn that how they look influences how customers feel.  Notice your best sales people are your most attractive.

How to keep your company looking sharp,

  1. Be prompt and polite in all communications.  Your internal and external communications should be respectful of individuals needs, it does no good to be polite with customers then rude with internal staff. Seek consistency in all areas of communications.
  2. Ban casual Friday!  I've always noticed employees treated "casual Friday" as a day for casual clothing and attitudes toward customers. Encourage staff to look their best for the role they play and ask them to consider how they represent the organization.
  3. Clear out the clutter and demonstrate organization.  Encourage clean offices that are well organized. The more junk laying around (including stacks of papers) the more distracts from the individuals core objectives.
  4. Present yourself in an appropriate manner.  Executives usually don't have this issue, but always dress for your position-- be someone your front line employees can look up too. You don't need to impress them, just be someone they can respect.
  5. Set customer expectations from the first interaction.  Seek consistency in all your communications both visual and written. Utilize simple but standard guidelines for business communications that promote a positive impression of your organization.
  6. Start from the customers prospective.  Focus your improvement from the customer interactions. Start in your service centers improving phone skills, help sales people with presentation, and work through each department tuning soft skills to make your company more attractive.

Visit any of the most successful companies highly regarded from great customer service-- you'll find a certain level of physical attractiveness in both the people and properties of the organization.  This simple investment can improve your revenues, more customers will want to be associated with your organization.

Justin Hitt teaches executives how to create strong business relationships that can increase profits while improving customer loyalty. To learn more about business relationships visit Inside Strategic Relations or call +1 (757) 282-7779

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What your engineers know about improving sales

Your engineers know things about your product that your customer must know to make an educated buying decision. Encourage engineering teams to work with your companies sales and marketing resources.

For example:

Establish open communications between engineering and marketing to flow this information into sales literature. This open communications helps you create products that address real solutions customers desire and are willing to purchase.

Only about 10 to 25% of your engineering efforts should focus on improvements outside of specific customer demand.  It's find to have R&D focused on the next great achievement, but use improvements in the current product to finance these efforts.

Clearly connect the efforts of engineers to those of sales and marketing. Focus on improvements customers will pay for and that can be produced at a reasonable cost.

Regularly bring in small groups of engineers with marketing, sales, and support people to discuss how each group can support each other. Remember, each are all on the same team. When employees know others in these other functional areas they are more likely to work together for common business objectives.

Informal communications also plays an important role in integrating these groups.  How well do your engineering, sales, and marketing folks work together?

Justin Hitt, with over 10 years of experience in business to business executive relationships and strategic business intelligence; has reduced costs and improve customer loyalty for professional services and numerous other technology companies. Call +1 (757) 282-7779 or visit his website at http://iunctura.com/

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Tips for doing business in China or any other country

Technical companies are outsourcing labor, imports are bring you the materials you need, and finished goods are exported around the world. World trade is easier than ever, it's important to build relationships around the world. 

The following 3 steps will help introduce your company to any new country:

  1. Determine your objective and what role the country plays.  Going international isn't right for every business to business company, before you move outside your home country, have a real purpose. Focus on the strategic role this new country plays with your current business objectives-- don't seek foreign work for your own personal gratification. Your clear objective will guide your efforts and guide your communications.
  2. Learn how to do business in the target country.  There are cultural differences and linguistic challenges you must consider when doing business with other countries. Most libraries have resources you can use to learn the do's and don't of working with executives from other cultures. Your potential business contacts will appreciate your efforts and this knowledge will make it easier to establish report.
  3. Get personal introductions to the target community.  Introduce yourself to your embassy in the target company and their embassy in your country. Often business economic development groups take trade tours that can put you in touch with local business people who can recommend outlets for your offer. The key is to focus on their desires more than your own-- what is the value you bring to them.

You won't see results overnight, in fact, entering another country could take a couple of years.  However, it can help stabilize regional economic changes and normalize your companies revenues. For larger business to business companies international business is almost required.

Don't forget to utilize the Internet to establish credibility when reaching out to foreign prospects. Resources like Ecademy can help establish UK contacts, other trade publications serve regional markets like Greater China CRM. Preparation really pays off, you'll foreign parallels of domestic resources that opens new doors with less effort.

Here are some recommended resources on doing business in China, more are available from the Chinese embassy in America (or the American Embassy in China):

Justin Hitt helps executive build stronger relationships that can increase profits and create loyal customers. For more information visit Inside Strategic Relations or call +1 (757) 282-7779

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