Niche Market Sales Tips
Selling to Bottlers Businesses
The word is out that many bottlers businesses are experiencing growth trends, and smart vendors are looking to drive incremental sales from this niche market. Product quality, cost and dependable service are all important considerations – so businesses that sell to bottlers businesses need to be at the top of their game.
Most bottlers businesses have experienced slow, but steady growth.
Your approach will vary according to your circumstances and your company's unique sales objectives. But overall, there are several things you will need to consider when devising a system for selling to bottlers businesses.
Strategies for Selling to Bottlers Businesses
Although there are exceptions, bottlers businesses are always interested in products that help them provide a higher level of service for their clients and customers.
Cost is a constant concern, but if bottlers businesses believe a new product or line of products can substantially improve their customers' experience, price takes a backseat to quality.
Businesses that sell to bottlers businesses need to also recognize the fact that bottlers businesses aren't necessarily the beneficiaries of their products, so strategies that focus on enhancing customer experiences are frequently well-received by buyers.
Understanding the Market
Start with good market research, which is a prerequisite for profitability in this industry. Smart sales teams conduct thorough research on market demand, pricing and niche opportunities.
More importantly, they research and evaluate the specific bottlers businesses that they want to add to their customer roster.
Since relationships are an important part of the selling process, meetings with bottlers businesses leaders and their staff often form the backbone of the sales cycle. These meetings can also provide information that can give your business a competitive edge.
Reaching Prospective Customers
Prospecting transforms contacts into qualified leads.
Networking can fine tunes prospecting performance and closing rates. However, it's important to make sure your sales force isn't so focused on conversation that they miss the point of prospecting, i.e. the identification of likely buyers, key decision makers and high value industry contacts. In other words, the type of people you meet is just as important as the number of people you meet when prospecting for bottlers businesses.
Lead lists are useful because they narrow the field for your team. Third-party lists from reputable vendors (e.g. Experian Business Services) provide a database of likely conversion targets, making it easier for your company to balance the quantity and quality demands that are prerequisites for effective prospecting.
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