"Pull the Car Over" for Sales Growth
Several years ago, I heard the president of a company use this analogy, “I
understand there are many problems with this business, but we just have to change
the four flat tires while the car is still moving”. When he made the statement,
I could not help but think how successful everyone would be at changing tires
on a moving vehicle, and that it was just a matter of time before everyone would
be run over.
Sometimes it is necessary to “pull the car off the road” to boost
your company’s growth. Take the time to look under the hood for potential
opportunities you may be missing. Do not insist that your company can still drive
200 miles an hour with four flat tires that desperately need to be changed.
To “change the tires” in the shortest time with maximum results
and boost your company’s growth, take the following actions and ask some
critical questions:
Fix any glaring operational issues before expecting new growth
- All companies have issues, but operational issues that directly impact the
quality of your products or customer service can de-motivate all employees. If
you find that your own employees would not highly recommend your product or service,
operational problems simply must be fixed before you can reasonably expect additional
growth.
- If these operational issues exist, focus all efforts on fixing them. After
you complete the fix, communicate to everyone that the fix is in place and that
your company is now in a better position to serve your customers.
Closely examine your existing business relationships
- I have learned that it takes five times more time and effort to begin new
relationships than to nurture existing relationships. Who are your existing customers?
Do they purchase all possible products or services from you - why or why not?
I agree that sometimes it is just not feasible for existing customers to purchase
more, but have you thought it through and presented some new ideas that would
benefit all?
- Do your suppliers purchase your products or services - why or why not? Your
suppliers might not need what you offer, but are you assuming that they would
not be interested? Has anyone in your company asked about the possibilities?
Closely examine the sales approach of both your sales and your non-sales
people
- How effective are your salespeople - do they need additional training and
coaching? Do your non-sales people actively promote your business - why or why
not? Do your service representatives offer additional products or services that
bring real value to your customers and bring your company additional revenue -
why or why not?
- What motivation and training can you provide that will help everyone in your
organization actively promote your business? What will it take for everyone to
be on the same page in helping your business provide the best possible customer
service and new ideas for your business growth?
In summary, it is simply not possible to change the tires on a moving vehicle.
So do not expect that you can change your business for business growth without
first “pulling the car off the road” and looking closely at what is
preventing you from moving faster. Sometimes it is necessary to check under the
hood, resolve some operational issues and ask a few key questions to maximize
your sales growth.
Bob Riess is the President of The Customer Connector and can be contacted through
www.thecustomerconnector.com
or at (859) 240-2550.
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