Capitalizing on Niche Markets

Selling to Party Supplies Businesses

These days, uncertainty is the only constant for party supplies businesses. Here's the list of tips you need to boost sales to party supplies businesses around the country.

Technology and technique are important. But in a B2B sales environment, they may be less important than other critical resources.

Companies that market to party supplies businesses have to be prepared to demonstrate their value proposition to customers who are extremely knowledgeable about the marketplace. Here are some of the other things you'll need to gain visibility with party supplies businesses.

Role of Owners & Managers

Owners and managers play an active role in selling to party supplies businesses. Front line visibility is essential for large accounts, but your sales team can benefit from occasional field interactions with the owner or sales manager.

By periodically accompanying your reps in the field, you earn their respect and gain insights about your customers.

Be Prepared for Tough Questions

In reality, most party supplies businesses aren't interested in one-size-fits-all product lines. Before they commit to a purchase, they want to know everything there is to know about your product.

In this industry, product details can be the deciding factor in conversions. It's imperative for your sales team to be knowledgeable and informed. If you're selling a service to party supplies businesses, your sales force has to be educated in service features and be prepared to resolve customer concerns during the sales cycle.

Message First, Targets Second

Messaging is a critical weapon in your company's battle to capture market share. Confused messaging dilutes the sales cycle and frustrates prospective customers' efforts to discern the value of your products.

Whenever possible, the identification of key messaging should be incorporated into a comprehensive planning process that combines sales and marketing into a single, unified strategy.

The next step is to reduce your contact list to the contacts who are most likely to respond to your messaging. Although lead generation techniques are diverse, lead lists can be a useful resource for generating a list of prospects that are receptive to your messaging. Vendors like Experian specialize in providing targeted lists of party supplies businesses that can be tailored to meet geographic and demographic criteria.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary