Sales Techniques By Market
Selling to Franchise and Licensing Law Firms
The problem with selling to franchise and licensing law firms is that the wrong sales strategies can threaten your entire plan for success. For businesses that market to franchise and licensing law firms, the focused selling strategies discussed in this article can be the key to gaining a foothold in the industry.
There are no one-size-fits-all strategies for selling to franchise and licensing law firms. The basis for success is the same as it is in many other industries.
In any B2B industry, one of the major factors in long-term success is the ability to expand your customer base. Fortunately franchise and licensing law firms can be found throughout the nation, but the challenge is to acquire and retain new accounts.
Review Mechanisms
It's also important to implement regular review mechanisms to evaluate the effectiveness of both your sales team and your strategy. Internal review processes should consider individual performance statistics as well as direct input from franchise and licensing law firms themselves.
If necessary, modify your hiring and/or strategy to accommodate changes in the marketplace.
Hiring Staff
Your sales force is your most important sales asset. A first-rate sales strategy is ineffective if your sales team isn't prepared for the job at hand.
Most franchise and licensing law firms appreciate the value of sales professionals who are informed and prepared. When a customer has a problem with an order, they typically reach out to their sales contact so it's imperative for your team to be trained in the processes that are required to maintain the customer relationship after they have closed the sale.
Marketing to Franchise & Licensing Law Firms
There are multiple methods for marketing your products to franchise and licensing law firms. In addition to personal contacts, advertisements in relevant media combined with online marketing techniques significantly increase your ability to promote your products to prospects and existing customers.
Many businesses find that direct marketing is also helpful in marketing to franchise and licensing law firms because it is a non-threatening resource for introducing their products to new customers.
The first step toward direct marketing success is to obtain a lead list from an established third-party provider like Experian Business Services, a company with a reputation for quality and service. From there, you can customize your direct marketing approach toward your company's strengths and perceived needs in the marketplace.
Share this article
Additional Resources for Entrepreneurs