Method 3: Selling Product as an Owner Salesperson Flashcards
What are the steps/characteristics of Method 3?
1) Familiarize yourself with all aspects of the product
2) Market the Product
3) Review the sales performance
4) Troubleshoot sales
This will feed into the end of the sale of a product. Owner, as a salesperson, has the ability to affect more than the interaction with buyers. From what step of method 3 is this from?
Familiarize yourself with all aspect of the product
It is important to make the product information available through as many channels as possible. this is through the advances in communications and ways. From what step of method 3 is this from?
Market the product
Analyze the sales at regular intervals. is the product selling well? is stock low or high? is there a profit? How are the competitors prforming? Being able to answer these questions will help maximize sales and keep sales growth steady. From what step of method 3 is this from?
Review sales performance
If necessary, if not selling well, there will be a need to enter into problem solving mode. Improving the sales will involve reassessing the product, customer base, and marketing. From what step of method 3 is this from?
Troubleshoot sales.
How do you troubleshoot sales?
1) Change the tactics periodically
2) Consider deleting a product from line if it is not selling well.
3) Re-Evaluate the product design, distribution, packaging, etc.
4) Change the price of the product
5) make the product exclusive or available for a limited time only