This is a guest post from Karen Andrews of ShineSales.Com
Below are strategies to aid you in increasing your revenue in 2010:
1. Examine your Customer spend.
What percentage of sales did each customer contribute to the overall profits? What product or service was the most salable? What other value or benefit can they get from these products and services?
Examine your records and group your customers according to spend, percentage or value to the company. You can categorize them into A, B and C level.
2. Show your customers some TLC.
Take the time to sit down with your customers. Confer with your Class A, B and C customers regarding goals and objectives. Ask them:
- What are your plans for 2010?
- What do you want to achieve this year?
- What can we do to help your business?
- Do you know that we also offer (mention latest product or service)?
Set meetings with your customers and share your plans for the year and inform them of your latest products and services that they could benefit from.
3. Create a Management Plan.
Strengthen your relationship with your customers by developing an organized plan. Decide how many visits your sales team will give to your customers. By doing this, the customers will be satisfied and loyal. The frequency of visits will depend on what type of business you have. Below is an example:
- Class A- 6 visits per year
- Class B-3 visits per year
- Class C-1 visit per year
4. Look back.
Go through your records and compare your sales in the previous years. Identify consumer trends. How many customers lessened their spending? How many stopped spending with you?
If your customers didn’t buy from you last year, call them up and introduce the latest products and services that might interest them.
5. Talk to your customers personally.
This may be a time-consuming approach but closing sales will be easier and quicker if you talk and discuss with customers face to face. Although it is more convenient to just send emails and leave voicemails, don’t underestimate the power personal meetings have in speeding up the sale.
This sales article was written by Karen Andrews, Director of Shine Sales Solutions, a Sydney based Sales Coach, Strategist and Sales expert that works with businesses to increase their sales through strategy development, sales coaching and mentoring.











