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Whether you operate a factory, wholesale outlet, retail store,
service shop, or are a contractor, you will have to sell. No matter
how good your product is, no matter what consumers think of it, you
must sell to survive.
Direct selling methods are through personal sales efforts,
advertising and, for many businesses, display - including the
packaging and styling of the product itself - in windows, in the
establishment, or both. Establishing a good reputation with the
general public through courtesy and special services is an indirect
method of selling. While the latter should never be neglected, this
brief discussion will be confined to direct selling methods.
To establish your business on a firm footing requires a great
deal
of aggressive personal selling. You may have established competition
to overcome. Or, if your idea is new with little or no competition,
you have the extra problem of convincing people of the value of the
new idea. Personal selling work is almost always necessary to
accomplish this. If you are not a good salesperson, seek an employee
or associate who is.
A second way to build sales is by advertising. This may be
done
through newspapers, shopping papers, the yellow pages section of the
telephone directory, and other published periodicals; radio and
television; handbills, and direct mail. The media you select, as well
as the message and style of presentation, will depend upon the
particular customers you wish to reach. Plan and prepare advertising
carefully, or it will be ineffective. Most media will be able to
describe the characteristics of their audience (readers, listeners,
etc.). Since your initial planning described the characteristics of
your potential customers, you want to match these characteristics
with the media audience. If you are selling expensive jewelry, don't
advertise in high school newspapers. If you repair bicycles, you
probably should. Advertising can be very expensive. It is wise to
place a limit upon an amount to spend, then stay within that limit.
To help you in determining how much to spend, study the operating
ratios of similar businesses. Media advertising salespeople will help
you plan and even prepare advertisements for you. Be sure to tell
them your budget limitations.
A third method of stimulating sales is effective displays both
in
your place of business and outside it. If you have had no previous
experience in display work, you will want to study the subject or
turn the task over to someone else. Observe displays of other
businesses and read books, trade magazines, and the literature
supplied by equipment manufacturers. It may be wise to hire a display
expert for your opening display and special events, or you may obtain
the services of one on a part-time basis. Much depends on your type
of business and what it requires. The proper amount and types of
selling effort to use vary from business to business and from owner
to owner. Some businesses prosper with low-key sales efforts. Others,
like the used-car lots, thrive on aggressive, hoop-la promotions. In
any event, the importance of effective selling cannot be
over-emphasized.
On the other hand, don't lose sight of your major objective -
to
make a profit. Anyone can produce a large sales volume selling dollar
bills for ninety cents. But that won't last long. So keep control of
your costs, and price your product carefully.
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