{"id":75,"date":"2011-12-07T16:08:21","date_gmt":"2011-12-07T16:08:21","guid":{"rendered":"http:\/\/www.wensmedia.com\/\/salesarchive\/permalink\/2011\/12\/7\/110821.html"},"modified":"2011-12-07T16:08:21","modified_gmt":"2011-12-07T16:08:21","slug":"grow-your-sales","status":"publish","type":"post","link":"https:\/\/www.ensmediausa.com\/ens-on-sales\/uncategorized\/grow-your-sales\/","title":{"rendered":"Grow Your Sales"},"content":{"rendered":"<p style=\"margin: 0in 0in 10pt\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><b style=\"mso-bidi-font-weight: normal\"><u><span style=\"line-height: 115%; font-size: 14pt\" lang=\"EN-CA\">Grow Your Sales; Fire Your Retail Sales Manager!<\/span><\/u><\/b><\/span><b style=\"mso-bidi-font-weight: normal\"><u><span style=\"line-height: 115%; font-family: Arial; font-size: 14pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/u><\/b><\/p>\n<p style=\"margin: 0in 0in 10pt\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-tab-count: 1\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&mmp;nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>In one of our revenue development workshops we begin the conversation by suggesting, &ldquo;If you want to increase sales, fire your retail sales manager and your entire retail sales force.&rdquo; It&rsquo;s a great way to wake up all of the retail salespeople in the room.<\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"margin: 0in 0in 10pt\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-tab-count: 1\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>We follow up with, &ldquo;Then rehire your retail sales manager as a <i style=\"mso-bidi-font-style: normal\">local<\/i> sales manager and lose the word &rsquo;retail&rsquo; on your account executives business cards.&rdquo;<\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"margin: 0in 0in 10pt\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-tab-count: 1\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>The reality is that <\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><st1:street w:st=\"on\"><st1:address w:st=\"on\"><span style=\"font-family: Arial\">Main Street<\/span><\/st1:address><\/st1:street><span style=\"font-family: Arial\"> is shrinking in every market. Markets that had eight or nine retailers selling home electronics a few years ago, for example, now have two or three, and they&rsquo;re probably big box stores where your &lsquo;retail&rsquo; salespeople can&rsquo;t connect with the decision-maker.<\/span><o:p><\/o:p><\/span><\/p>\n<p style=\"margin: 0in 0in 10pt\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-tab-count: 1\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>Look around your market. The growth is not in local retail establishments. The largest and fastest growing sector of your economy is the service sector; services like law firms, plumbers, financial advisors, electricians etc. <\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"margin: 0in 0in 10pt\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-tab-count: 1\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>Not only is the number of retail prospects in your market shrinking, more importantly, online shopping, smart phones, a global economy and big box stores, are dramatically squeezing retail profit margins, which in turn, puts the squeeze on ad budgets.<\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"margin: 0in 0in 10pt\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-tab-count: 1\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>Why should we be pursuing the service sector?<\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1\" class=\"ListParagraphCxSpFirst\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol\" lang=\"EN-CA\"><span style=\"mso-list: Ignore\">&middot;<span style=\"font: 7pt &quot;Times New Roman&quot;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><u><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\">Margins are excellent!<\/span><\/u><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"> Once the dentist&rsquo;s first few customers have covered their fixed costs (chair, rent, equipment and receptionist) the profit on the additional two patients you attract for them is nearly 100%!<span style=\"mso-spacerun: yes\">&nbsp; <\/span>Service sector doesn&rsquo;t have to buy what they sell. If a retailer sells 200 units his cost is twice as high as selling one hundred units because she has to buy everything she sells.<\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1\" class=\"ListParagraphCxSpMiddle\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol\" lang=\"EN-CA\"><span style=\"mso-list: Ignore\">&middot;<span style=\"font: 7pt &quot;Times New Roman&quot;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><u><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\">Services Don&rsquo;t Need Volume<\/span><\/u><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-spacerun: yes\">&nbsp; <\/span>One roofing job for a local roofer can pay for a sizable campaign on your station and a cosmetic surgeon doesn&rsquo;t need to line patients up around the block to make a huge buck. <\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"text-indent: -0.25in; margin: 0in 0in 0pt 0.5in; mso-list: l0 level1 lfo1\" class=\"ListParagraphCxSpMiddle\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol\" lang=\"EN-CA\"><span style=\"mso-list: Ignore\">&middot;<span style=\"font: 7pt &quot;Times New Roman&quot;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><u><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\">No Global Competition.<\/span><\/u><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-spacerun: yes\">&nbsp; <\/span>When you have a tooth ache or a leaky faucet, you don&rsquo;t go online to look for service from Hong Kong or <\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><st1:country-region w:st=\"on\"><st1:place w:st=\"on\"><span style=\"font-family: Arial\">Pakistan<\/span><\/st1:place><\/st1:country-region><span style=\"font-family: Arial\">. The service must be performed locally and the decision-maker lives in your market.<\/span><o:p><\/o:p><\/span><\/p>\n<p style=\"text-indent: -0.25in; margin: 0in 0in 10pt 0.5in; mso-list: l0 level1 lfo1\" class=\"ListParagraphCxSpLast\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt; mso-fareast-font-family: Symbol; mso-bidi-font-family: Symbol\" lang=\"EN-CA\"><span style=\"mso-list: Ignore\">&middot;<span style=\"font: 7pt &quot;Times New Roman&quot;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span><\/span><\/span><u><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\">Less Haggling.<span style=\"mso-spacerun: yes\">&nbsp; <\/span><\/span><\/u><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\">Retailers, by definition, buy low and sell high.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>Most local professionals or service providers have never seen a radio account executive, and seldom do they know what your competitor&rsquo;s rates are.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>With higher profits per sale, rate is not as<\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><a name=\"_GoBack\"><\/a><span style=\"font-family: Arial\"> important and usually one or two new sales make them happy advertisers.<\/span><o:p><\/o:p><\/span><\/p>\n<p style=\"margin: 0in 0in 10pt 0.25in\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\">We don&rsquo;t have time in your short weekly ENS on Sales to explore all of the reasons the stations we consult are capturing huge increases from service sector clients, but I think you get the point;<span style=\"mso-spacerun: yes\">&nbsp; <\/span>your most lucrative growth opportunities in 2012 and beyond, are in the services and professions.<span style=\"mso-spacerun: yes\">&nbsp; <\/span>So as you plan for a &lsquo;Happy New Year&rsquo;, plan to fire your retail people in favor of training a local marketing team.<\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"margin: 0in 0in 10pt 0.25in\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><span style=\"mso-tab-count: 1\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/span>One final word:<span style=\"mso-spacerun: yes\">&nbsp; <\/span>You can&rsquo;t sell services or professionals if you are still speaking retail. Lawyers, for example, don&rsquo;t want and can&rsquo;t handle &lsquo;traffic&rsquo;&hellip;.they want &lsquo;billable hours.&rsquo;<\/span><\/span><span style=\"line-height: 115%; font-family: Arial; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p style=\"margin: 0in 0in 10pt 0.25in\" class=\"MsoNormal\"><span style=\"font-family: Arial\"><i style=\"mso-bidi-font-style: normal\"><u><span style=\"line-height: 115%; color: blue; font-size: 12pt\" lang=\"EN-CA\">Click here<\/span><\/u><\/i><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"> if you would like to arrange a no-obligation demo of our, Selling the Service Sector, workshops. <\/span><\/span><span style=\"line-height: 115%; font-size: 12pt\" lang=\"EN-CA\"><o:p><\/o:p><\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Grow Your Sales; Fire Your Retail Sales Manager! &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&mmp;nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In one of our revenue development workshops we begin the conversation by suggesting, &ldquo;If you want to increase sales, fire your retail sales manager and your entire retail sales force.&rdquo; It&rsquo;s a great way to wake up all of the retail salespeople in the room. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-75","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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