Welcome to the Sales Journal

The Mission
Mission: The Sales Journal is on a mission to provide critical resources in an effort to assist sales professionals, entrepreneurs and business leaders achieve their most ambitious goals.

IMAGE
The Promise
Promise: To act as a strategic partner alongside corporate enterprise clients as they seek to drive new revenue and exceed growth targets.

IMAGE
The Purpose
Purpose: To promote collaboration and professional growth among sales professionals, entrepreneurs and business leaders worldwide through our first-class products and services.

IMAGE

Dave-Kahle-Publication-Photo

  

  

Leveraging satisfaction

By Dave Kahle

So, you have created a customer, you've actually sold something, and you have some money in the bank.

Before you become too enraptured with yourself, let me remind that you are not finished.  There is a greater goal, and a larger and more encompassing strategy into which this transaction fits.  If you focus all of your time and energy on creating sales, you will, unfortunately, miss the mark.

          In a very fundamental sense, in face-to-face, one-on-one selling, the ultimate goal is something larger and more significant than the sale itself.  It is the creation of a positive business relationship, because the relationship supersedes the transaction and makes all future transactions much easier and more profitable. 

          For example, if you have a great experience with the place from which you bought your TV, you are much more likely to go back there again.  The next time, you are inclined to buy from them, less likely to price shop, and more likely to be less critical and demanding.  You may even tell your friends about that place.

          From the seller's point of view, he has succeeded in creating a relationship with you such that you are favorably inclined to come back, buy again, and refer your friends.  The second sale is so much easier than the first, because now you are less risk to the buyer. That's the net result of a positive business relationship.

          And the ultimate positive business relationship is something I call a "Partner.”  A partner is someone who trusts you, believes you consistently bring value to him, sees you and your company as an integral part of his business, and buys almost everything he can from you.

          The illustration below depicts a different way of looking at your fundamental strategy as a one-on-one, face-to-face sales person.                   

It is not just about this sale; it's about the relationship.    

          Your fundamental, long term strategy is to develop and nurture a passel of partners.  Your partners then become an asset to your organization, providing years of revenue, in the same way that a brand or product line is an asset to the company.  You can't note them on your balance sheet, but they are, nevertheless, one of the sources of future wealth for both you and your company.

          One necessary step in this process of moving them to become a partner is what I call the ROF call.  That stands for "Relationship building, Opportunity identifying, Follow up” call.  It's the sales call you make after the customer has purchased and implemented your offer.  For the realtor, it's the call you make on your buyers after they have moved into their new home.  For the car sales person, it's the phone call after the customer has driven off the lot with the new car.  For the B2B sales person, it's the visit you make after they have begun to use your new service or product.  And for our free-lance grant writer, it is the visit you arrange after the grant application has been submitted. 

          Why would you do it?  Because you understand the bigger picture.  It's not just about this sale; it's about the relationship.

How to Sell Anything to Anyone Anytime has been recognized by three international entities as "one of the five best English language business books.” 
Buy it now at a discount. Click here.

     
           It's powerful because it's unusual.  When was the last time you had a sales person contact you after the purchase?  Since you will be one of the very few sales people who actually care enough to follow up after the sale, you will stand out, head and shoulders, above your competitors.

          Here's an example.  Fifteen years ago, I needed to hold a small meeting with about eight of my customers.  I rented a small conference room for a couple hours in a local hotel.  No meals or rooms involved.  Just a small conference room.  I think it cost $25.00.  It was probably the smallest sale that the meetings department of that hotel could make.  Two days after the meeting, I received a phone call from the sales person who rented the room to me.

          "Was everything satisfactory?” she wanted to know.  "Was the room clean, the temperature OK?”

          I was so impressed by the fact that she cared enough to call that I recommended that hotel consistently, and used it for every local meeting I held for the next 15 years.

          The ROF call is powerful for one more, very specific and tangible reason.  It often produces additional opportunities.  At the end of this very specific sales call, you ask for other opportunities. 

          Here's how you do it.  After you have delivered what they purchased from you, then call them for an appointment.  When you are one-on-one with them, first ask about their satisfaction with what they bought.  At this point, either of one or two things will happen.  They will indicate they are satisfied or they weren't.  If they weren't, you need to apologize and do whatever you can to fix it.  It's good that you found out right now, before it has a chance to fester and spread to other potential customers.

          If they are satisfied, great.  Confirm it.  Then ask them what other opportunities they have for you and your service or product in the near future.  If they indicate something, good for you, you have an additional opportunity to work on. (You have 'found out what they want' again)  If they don't, it's OK. 

          But you are not done yet.  Now, you want to probe for external opportunities.  These are potential relationships and opportunities for you outside of the confines of this customer's reach.  Does he know other people to whom he can refer you?  In a large organization, it could be other departments or plants.  In a smaller one, it could be business colleagues.  For an individual, it could be friends and neighbors.

          If they provide you with a name or two, you now have a short cut into an engagement with a "right person”.  And you are back at the start of the sales process with someone else.  Since you have a recommendation from a trusted reference, you are entering that engagement with an advantage. 

          For the astute B2B sales person, the ROF call is a necessary step in developing the 'partner' relationship. ###

Read the expanded version of this article:  Click here.    

About the author:

Dave Kahle is one of the world's leading sales authorities. He has written ten books, and presented in 47 states and ten countries. He's personally worked with more than 300 companies, and helped thousands of sales people, sales managers and sales executives be more effective. Sign up for his free weekly Ezine, "Thinking about Sales," and contact him to help your team sell better!

Add comment
  • No comments found
IMAGE A Poltergeist in the Office?
Oct 06, 2014
        Title: A Poltergeist in the Office? Subtitle: How negative energy can destroy an office environment and threaten a company’s culture. Written by Matthew J. Herman (Published Oct. 5, 2014) In spirit of the Halloween... Read More...

IMAGE How do you define success?
Sep 24, 2013
Success is often defined by the eyes of the beholder; however, how an individual defines success is a telling indicator of a person’s inner motivation, character, maturity or lack thereof.  As a teenager and even into my early twenties, I... Read More...

IMAGE The John Elway Sweepstakes: Having the right C-Level relationship puts you ahead of the competition
Sep 16, 2013
        The John Elway Sweepstakes Having the right C-Level relationship puts you ahead of the competition By Matthew Herman You may be asking yourself, what does John Elway have to do with sales, entrepreneurship or business?... Read More...

IMAGE Unseen Power: 12 intangible sales skills that will bring your organization to the next level
Jun 2013
The world of sales can be brutally competitive. Companies simply can not survive unless they close a significant number of profitable sales – that’s a given. As a direct result, the demand for great sales professionals has grown to unprecedented... Sign Up to Read More ...

IMAGE Twitter thoughts and Twitter thinking. Tweet and Re-Tweet.
Jun 2013
Most people reading this have never tweeted. (You included?) On the off chance that you have tweeted, my guess is you have less than 5,000 Twitter followers – maybe less than 500.Whatever your situation is there’s no denying that Twitter is a... Sign Up to Read More ...

IMAGE Terrance Gilmore, Fitness Advice from a Former Fat Guy
Jun 2013
My Story: As I sat there, head in hands, tears running between my fingers, a single question repeated in my mind, like the light atop a lighthouse, it spun around and around in my mind. How did I let myself get here? At 27 years old, I should be... Sign Up to Read More ...

IMAGE A misguided post about features and benefit selling
Jun 2013
Last week I was sitting down at the kitchen table responding to several inquiries regarding my book. After roughly 45 minutes, my focus started to drift off course. I began to read random posts from professionals that comprise my LinkedIn network.... Sign Up to Read More ...

IMAGE When you walk in empty headed, you walk out empty handed.
Jun 2013
How much of your presentation is “standard”? Whether you sell a product or service, whether it’s simple or sophisticated, how much (what percentage) of your presentation is the way you usually present it? Void of personalization? Void of... Sign Up to Read More ...

SJ Latest Articles

IMAGE To ensure promptness. By Jeffrey Gitomer
Oct 2014
  To ensure promptness. An old and new tradition. By Jeffrey Gitomer Ever leave a tip? Sure you have. And most of the time, the amount of the tip is based on the perceived service or quality. Sometimes it’s a combination of qualities: food... Sign Up to Read More ...

IMAGE Tough sales issues, and not so tough (but not so easy) answers.
May 2014
                Tough sales issues, and not so tough (but not so easy) answers.   By Jeffrey Gitomer   Thee 3.5 biggest issues facing salespeople today are: 1. Price integrity. 2. Customer loyalty.... Sign Up to Read More ...

IMAGE How to Develop a Powerful B2B Value Proposition By Ian Dainty
May 2014
    How to Develop a Powerful B2B Value Proposition By Ian Dainty   Developing a powerful B2B Value Proposition will differentiate your company from your competition. If you are having trouble differentiating your business from... Sign Up to Read More ...

IMAGE Question and Answer By Dave Kahle
May 2014
  Question and Answer           Clearly, spreading the business around between several vendors is the customer's philosophical approach to purchasing.  He/she probably has arrived at this... Sign Up to Read More ...

IMAGE Can Sales Management Increase Results? Bob Urichuck
Apr 2014
       Can Sales Management Increase Results? By Bob Urichuck Organizations often promote the best salespeople into management whether they desire to be there or not—it is seen as a promotion or reward for the results they... Sign Up to Read More ...

For Entrepreneurs

Starting a Business
Aug 2013
As entrepreneurs, we believe our idea or new business venture is going to work. But then we let our fears come in and rob us of our success. Here are three insights that can help you stay on track... Sign Up to Read More ...

IMAGE Forget diversification. Create new market segments.
Jun 2013
Let’s brainstorm for a moment and consider luxury automobiles. Think about brands such as Mercedes, BMW, AUDI, Cadillac, Lexus, Jaguar and Lincoln. Then you have your super luxury brands, like... Sign Up to Read More ...

IMAGE Attention entrepreneurs who are seeking funding!
Jun 2013
Consider the following before you meet with Angel, Venture, or Private equity investors. I often daydream about the opportunities so many start-up businesses had during the tech boom of the late 90s.... Sign Up to Read More ...

On Leadership

IMAGE Leadership actions that are not an option for leaders.
Sep 2013
Leadership actions that are not an option for leaders. “Where’s the action? Where’s the game?” is a line in the song “Oldest Established” from the immortal Broadway show (and my personal... Sign Up to Read More ...

IMAGE A Quote from John C. Maxwell
Jun 2013
"Anyone can steer the ship, but it takes a leader to chart the course."- JOHN C. MAXWELL, The 21 Irrefutable Laws of Leadership Sign Up to Read More ...

Motivational Quote of the Week

IMAGE “Be all that you can be”
Jun 2013
Written Emelio Sebastian We have all heard the Army’s famous commercial slogan, “Be all that you can be…in the Army”. The implication here is that you have not yet become all that you can be,... Sign Up to Read More ...

Matthew-James-Media-Company FINALLOGO-white

 

©The Sales Journal/Matthew James Corporation. All Rights Reserved.
Website Powered by VMC Art & Design, LLC