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Do you sell a product or service best suited for use by other businesses? Are you having a hard time building your clientele? Then we have a suggestion for you. Try selling to chain stores. You'd be surprised how easy it can actually be.
The first thing you need to do is pick a suitable chain to sell to. My own experience is in selling to restaurant chains. I've sold my service to many national chains over the years but on a local level. You'd be surprised about how uncoordinated they are in spending their money collectively. Many of them are free to order items and services specifically for themselves ever though each store in the chain may need that same item or service.
This brings me to the first part of the problem. Say you identify a chain with ten stores located locally. The first thing you need to do is identify if they are considered corporate stores, that is owned by one parent company or are they franchised stores controlled by one or more separate owners. One of my larger restaurant clients has over twenty local stores but half of them are franchises owned by another company. So I have to deal with two different companies.
The next thing you need to do is to figure out how to get in. Now assuming you have been selling your product or service to other customers successfully then you should be able to use the same approach you've been using. If you are able try to identify the store most in need of what you have to offer.
The real key to selling to certain chains is taking advantage of the fact that they don't necessarily use a system of centralized buying for their products or services. Some of the restaurant chains that I've done business with at one time had half a dozen vendors each with different pricing offering exactly the same service. Your job is to replace them.
So to do that you need to find a crack in the system. You need to find one store manager willing to give you a chance. If you can find that person and satisfy them then you have a chance to grab all the stores in that chain at least locally.
How are you going to do that? Well that's the easy part. You're going to leverage that relationship of course. Don't do it right away of course. Allow some time for your new customer to get to know you. But remember store managers all know each other at least to some degree. They meet with each other probably once a month or more. Your job is to develop that first relationship as thoroughly and quickly as possible. Don't over do it though, you wouldn't want them to think you're being pushy. But keeping long term customers is all about relationships so become an expert at them.
Once you're confident that your new customer is happy with you and you feel safe then you take the straight forward approach about the other stores. You ask about them. See what your customer knows. Are they using another product or service, are they happy with it. Wouldn't it be better if their chain only used one vendor? Ask them if they mind if you contact other stores. Can you use them as a reference? Could they mention you to the other managers in their meetings? You'd be surprised how much help existing customers can be with other stores if you have a good relationship and you take the time to ask.
Page 2
Cash Miller is the Editor of SmallBusinessDelivered.com and hosts his own blog at www.SmallBusinessDelivered.com/cash-millers-blog.
The first thing you need to do is pick a suitable chain to sell to. My own experience is in selling to restaurant chains. I've sold my service to many national chains over the years but on a local level. You'd be surprised about how uncoordinated they are in spending their money collectively. Many of them are free to order items and services specifically for themselves ever though each store in the chain may need that same item or service.
This brings me to the first part of the problem. Say you identify a chain with ten stores located locally. The first thing you need to do is identify if they are considered corporate stores, that is owned by one parent company or are they franchised stores controlled by one or more separate owners. One of my larger restaurant clients has over twenty local stores but half of them are franchises owned by another company. So I have to deal with two different companies.
The next thing you need to do is to figure out how to get in. Now assuming you have been selling your product or service to other customers successfully then you should be able to use the same approach you've been using. If you are able try to identify the store most in need of what you have to offer.
The real key to selling to certain chains is taking advantage of the fact that they don't necessarily use a system of centralized buying for their products or services. Some of the restaurant chains that I've done business with at one time had half a dozen vendors each with different pricing offering exactly the same service. Your job is to replace them.
So to do that you need to find a crack in the system. You need to find one store manager willing to give you a chance. If you can find that person and satisfy them then you have a chance to grab all the stores in that chain at least locally.
How are you going to do that? Well that's the easy part. You're going to leverage that relationship of course. Don't do it right away of course. Allow some time for your new customer to get to know you. But remember store managers all know each other at least to some degree. They meet with each other probably once a month or more. Your job is to develop that first relationship as thoroughly and quickly as possible. Don't over do it though, you wouldn't want them to think you're being pushy. But keeping long term customers is all about relationships so become an expert at them.
Once you're confident that your new customer is happy with you and you feel safe then you take the straight forward approach about the other stores. You ask about them. See what your customer knows. Are they using another product or service, are they happy with it. Wouldn't it be better if their chain only used one vendor? Ask them if they mind if you contact other stores. Can you use them as a reference? Could they mention you to the other managers in their meetings? You'd be surprised how much help existing customers can be with other stores if you have a good relationship and you take the time to ask.
Page 2
Cash Miller is the Editor of SmallBusinessDelivered.com and hosts his own blog at www.SmallBusinessDelivered.com/cash-millers-blog.
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Need To Boost Your Business To Business Sales?
Depending on your product or service one option available is to try and sell to chain stores to make faster progress.
By: Cash Miller
Depending on your product or service one option available is to try and sell to chain stores to make faster progress.
By: Cash Miller
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Branding your small business will be one of the most important steps that you will take to make your business successful and your name known to potential customers. Brand building begins before you even open your doors and is an ongoing process that is used to become a known leader in your industry.
Why Does Your Business Need A Good Marketing Plan?
Developing a solid marketing plan is something most business owners neglect to do but it is essential to the success of your business. Without it time, resources, and money will be wasted on marketing efforts that will never bring true results.
Do Sales Presentations Make You Nervous? Try Taking A Speech Class
The only way to get better at something is to do it. Taking a speech or business communication class will force you to make presentations to audiences of people you don't know.
What Is In A Product Name?
For every new product comes the opportunity to create a killer name. But what really goes into the naming of your new product? Considering it is a critical part of developing a brand image for your new product the name itself can often be the deciding factor between success and failure.