• Skip to main content
  • Skip to primary sidebar

Biz Builder Mike

You can't sail Today's boat on Yesterdays wind - Michael Noel

  • Tokenomics is not Economics – Digital CX -The Digital Transformation
  • Resume / CV – Michael Noel
  • Contact Us
  • Featured
You are here: Home / entrepreneur / The 4 main types of selling (and when to use them)

Dec 20 2022

The 4 main types of selling (and when to use them)

At its core, sales is the process of convincing a customer to purchase something by using a series of planned and polished communication techniques. Good selling involves helping customers understand what they need and want so that they’re more likely to buy your products.

There is no one-size-fits-all solution for selling products—what works for one company or industry may not work for another. And if sales stagnate, it’s time to ask questions and explore new methods.

The key is to find a distinctive sales strategy that benefits your business. To help you do so, I’ve detailed the four main types of selling along with the right time and situation to use them so that you can determine which would be most beneficial for your company.

There are different sales methods that you can use to appeal to your customer. Interestingly, many people who have been in sales for a long time are unaware of these four main types of selling. They include:

1. Solution selling

In the solution selling methodology, the salesperson takes a comprehensive approach to understand a prospect’s needs and then recommends products based on the client’s problem. The solution-selling method puts the customer’s needs and wants at the center of the selling process, making it more personalized and tailored to them.

In this case, your prospects know they have a problem but are unsure how to fix it, so the most important sign to look for in clients is that the client needs a tailor-made support solution that meets their specific needs. You can use this method for products or services with a slightly longer buying process, where the ROI is high. This is an excellent option if your clients are looking for long-term solutions.

2. Transactional selling

Sales representatives negotiate with customers to promote products or services in transactional selling. The sales process typically involves identifying potential customers, developing relationships with them, pitching them a product or service, and closing the sale. Your ideal prospect knows what their problems are and what possible solutions there are, but they want a custom-made product.

With this strategy, the representative usually gets in touch with the customer and then attempts to negotiate a sale. This method works better when the sales representative and customer have a pre-existing relationship. You can use this method for short sale cycles—retail, real estate or automotive—and one-time purchases.

3. Consultative selling

The consultative selling approach is about creating value and trust with potential customers and exploring their needs. With consultative selling, the salesperson’s primary goal is to establish a relationship with the customer; their second objective is to identify and provide the customer with the product they need. This is a complex sales approach to implement because it requires a highly experienced salesforce who are good communicators that ask the right questions and engage with customers throughout their journey. The end goal of consultative selling is to establish a consulting relationship with the client.

Consultative selling can be an effective sales strategy in any industry that aims to generate long-term revenue and profit rather than simply making a quick sale. For example, purchasing a car. In that case, the car salesperson takes the time to ask the client several questions about their needs and purpose before making a suggestion.

4. Provocative selling

Provocation-based selling targets a problem the customer is not aware of, but that is critically important. Once the customer is informed about the issue, they are willing to take care of it. The salesperson must create urgency and show that the customer’s current chosen method is not a safe option. Sales professionals see these challenges as opportunities to show that their products are not just a nice addition but essential.

You can use the provocative selling method to help increase sales during normal situations and when business is slow. You can use digital marketing services like digital PR, video marketing, influencer marketing services, and many more. It gives your customers an insight into your business and how you can assist them with their needs.

Get ready to market!

Focusing on your goals and expectations helps you figure out the most suitable sales strategy for your specific business and industry. Think about what you want to achieve and what steps you need to take to get there. The answers will help you focus your sales efforts and ensure that you’re on the right track.

Contributed to EO by Greg Walthour, the founder and CEO of SocialSEO, a digital marketing firm that made the 2022 Inc. 5000 list and offers a variety of digital marketing services including SEO, SEM, social media, influencer, email, Amazon, and video. Based in Colorado Springs, Colorado, SocialSEO is a national brand with a diverse client portfolio.

For more insights and inspiration from today’s leading entrepreneurs, check out EO on Inc. and more articles from the EO blog. 

Categories:
Sales

Tags: entrepreneurs’ organization Greg Walthour Inc. 5000 SocialSEO

DON’T MISS A BEAT

Top Stories from around the world, delivered straight to your inbox. Once Weekly.

We don’t spam! Read our privacy policy https://bizbuildermike.com/anti-spam-policy/ for more info.

Check your inbox or spam folder to confirm your subscription.

The 4 main types of selling (and when to use them) Republished from Source https://blog.eonetwork.org/2022/12/the-4-main-types-of-selling-and-when-to-use-them/ via https://blog.eonetwork.org/feed/

crowdsourcing week

Written by Anne-Wallis Droter · Categorized: entrepreneur, eonetwork · Tagged: entrepreneur, eonetwork

Primary Sidebar

https://youtu.be/Qvad1CQ9WOM

Blockchain Weekly Rebooted –

During the Blockchain Spring 2016 to 2020 I hosted Blockchain Weekly. Each week I interviewed someone who was doing interesting things in the blockchain space. At one time we had 29k subscribers and we were consistently getting over 15k views a week on the channel. All of that went away during the lockdown, including the Gmail address that controlled that channel. Recently, I found some of the original videos on some old hard drives. So I’m reposting a few of the relevant ones while I am starting to shoot new Blockchain Weekly Episodes to be aired 1st quarter 2023. Please subscribe to bless the You Tube Algorithm, and allow me to let you know about any updates! Our Sponsor – https://BlockchainConsultants.io

Recent reports indicate that Republican United States Senator Tim Scott, who serves as the ranking member of the Senate Banking Committee, aims to build “a bipartisan regulatory framework” for virtual currencies. Senator Scott is the ranking member of the Senate Banking Committee. In a piece that was published on the 2nd of February by Politico, […]

Search Here

Market Insights

  • Talking to Robots in Real Time
  • Electric-van start-up Arrival to cut half its remaining staff
  • Amazon: ‘Alexa, can you tell me where the money went?’
  • Premier League backs Sorare’s NFT fantasy football game despite crypto crash
  • Slimming down Big Tech
  • Hackers Launder $27 Million in Stolen Ethereum From North Korean
  • Core Scientific seeks to sell $6.6 million in Bitmain coupons
  • Shoshana Zuboff: ‘Privacy has been extinguished. It is now a zombie’
  • 8 Ways to Be More Productive After Taking a Vacation
  • [Review] Poly Studio P5 Web Camera

Tags

AI (197) andrewchen (4) Biz Builder Mike (24) Blockchain (385) Crowd Funding (50) crowdfundinsider (2) entrepreneur (707) eonetwork (29) Front Page Featured (23) MIT AI (72) startupmindset (98) Technology (421) virtual reality (1) youngupstarts (155)
  • Twitter
  • Facebook
  • About Us
  • LinkedIn
  • ANTI-SPAM POLICY
  • Google+
  • API Terms and Conditions
  • RSS
  • Archive Page
  • Biz Builder Mike is all about New World Marketing
  • Cryptocurrency Exchange
  • Digital Millennium Copyright Act (DMCA) Notice
  • DMCA Safe Harbor Explained: Why Your Website Needs a DMCA/Copyright Policy
  • Marketing? Well, how hard can that be?
  • Michael Noel
  • Michael Noel CBP
  • Noels Law of decentralization

Copyright © 2023 · Altitude Pro on Genesis Framework · WordPress · Log in

en English
ar Arabiczh-CN Chinese (Simplified)nl Dutchen Englishtl Filipinofi Finnishfr Frenchde Germanit Italianko Koreanpt Portugueseru Russiansd Sindhies Spanishtr Turkishuz Uzbekyi Yiddishyo Yoruba