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Strengthening Sales in Tough Economic Times Global Entrepreneurship Week 2008 USF – St. Petersburg College of Business
Strategy
 
What will  I  do??? ,[object Object],[object Object]
Let’s play a game…
 
 
 
 
 
 
 
 
 
So my move should be…
(REQUIRES: Nothing) (REQUIRES: Cash) (REQUIRES: Existing Base of Clients) (REQUIRES: Being the Ultimate Specialist in your Nice)
 
Refocus
This may be an opportunity!
Why does your target market purchase?
Why would they purchase  from  you ?
Why would they purchase  from  you ? NOT /
Focus on serving your best 5% … rather than 5% of everyone
You can’t ride two bikes at a time… So ride the one you have the best you can!
Try to have everything you do result in Not 1 Not 2 But  3  Results
Tactics to Grow by Spending
Perfect the  brand experience for your niche.
Expand the reach of your differentiated brand positioning.
Talk to Charlene Bostic about government contracting. (813) 905-5800 http://tradeconference.coba.usf.edu   FOR FREE /
(Maybe even internationally.) Expand geographically.
Tactics to Build Superior Customer Relationships
Be open to renegotiating contracts.
Benchmark against your competitors.
Build trust. Partner with customers for R&D,  develop customer communities or  provide broad/narrow casting… Spend some time with them.
Reassure. Use customers for references, reviews, testimonials, partnerships and to sell your ROI.
Tactics to Acquire Customers Smarter
Time vs. Money
Work those referrals HELP!
Push the boundaries of your website.
Increase online direct  response promotions.
Suggested Reading
The Guerrilla Marketing Handbook  &
But most of all…
 
 

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Strengthening Sales in Tough Economic Times