Winning With Niche Market Sales
Selling to Trading Posts Businesses
As the market recovers, trading posts businesses are gradually bouncing back from the Great Recession and are starting to reinvest. Here are some of the things that are required to sell to trading posts businesses in this business climate.
Penetrating the world of trading posts businesses can require complex sales and marketing strategies.
For B2B professionals that sell to these companies, the industry's positive growth outlook makes the solid execution of fundamental sales principles more important than ever.
Hiring Staff
Your sales team is your most important sales asset. A first-rate sales strategy is ineffective if your sales team is unable to do their jobs effectively.
Most trading posts businesses 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.
Putting It All Together
Ultimately, there is no single strategy that can guarantee conversions in your efforts to sell to trading posts businesses. It's often a combination of techniques that converts prospects to customers.
Although it's easy to get caught up in the micro-level details of the selling cycle, sellers in this industry need to maintain a macro perspective that combines techniques with selling strategy.
Marketing Mix
Since sales and marketing are connected business activities, your company's marketing mix plays a central role in bottom line sales revenue. The industry's leading sellers employ multichannel marketing strategies and prioritize channels that target decision makers.
Although there are no one-size-fits-all marketing strategies for trading posts businesses, B2B sellers often achieve higher returns by outsourcing lead generation to a third-party provider. Experian and other vendors maintain accurate and up-to-date lists of trading posts businesses. For many businesses, these lists establish a framework for the rest of the sales cycle.
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