Monday, November 26, 2012

Management Tip of the Day: Turn a Relationship Into a Sale

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Management Tip of the Day
Harvard Business Review
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NOVEMBER 26, 2012
Turn a Relationship Into a Sale
It's common wisdom that you're more likely to make a sale if you build rapport with a customer. Instead of focusing on the transaction, emphasize the connection by doing these three things:
  • Be generous. Go into each meeting with a list of five ways to make the prospect successful. Don't worry about what you'll get in return. Instead think of it as good sales karma for which you may be rewarded.
  • Become a trusted advisor. Stay focused on your customer's success, not your quota. Give the best advice you can give, only recommending your product when it's a great fit for their situation.
  • Believe in the ask. If it's generous, with a low barrier to entry and huge opportunities for return, then you're much more likely to forge a trusting relationship.
Harvard Business Review Blog Today's Management Tip was adapted from "How to Turn a Relationship Into a Sale" by Keith Ferrazzi.
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