Cover
title | : | Loyalty-based Selling : The Magic Formula for Becoming the #1 Sales Rep |
author | : | Smith, Tim. |
publisher | : | AMACOM Books |
isbn10 | asin | : | 0814471048 |
print isbn13 | : | 9780814471043 |
ebook isbn13 | : | 9780814426227 |
language | : | English |
subject | Selling, Customer loyalty. |
publication date | : | 2001 |
lcc | : | HF5438.S634 2001eb |
ddc | : | 658.8/12 |
subject | : | Selling, Customer loyalty. |
Page i
LOYALTY-BASED SELLING
Page ii
Page iii
LOYALTY-BASED SELLING
The Magic Formula for Becoming the #1 Sales Rep
Tim Smith
AMACOM
American Management Association
New York Atlanta Boston Chicago Kansas City San Francisco Washington, D.C. Brussels Mexico City Tokyo Toronto
Page iv
Disclaimer:
Some images in the original version of this book are not available for inclusion in the netLibrary eBook.
Special discounts on bulk quantities of AMACOM books are available to corporations, professional associations, and other organizations. For details, contact Special Sales Department, AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019. Tel.: 212-903-8316. Fax: 212-903-8083. Web site: http://www.amacombooks.org |
This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
Grateful acknowledgement is made to the following sources for permission to reference and/or reprint their works and materials:
Day-Timer, Inc., One Day-Timer Plaza, Allentown, PA 18195-1551 (pages 111118).
HOPE Publications, Kalamazoo, Michigan, (616) 343-0770 (page 89).
Tha Gallup Organization, 301 South 68th Street, Lincoln, NE 68510 (page 44 and page 146).
USA TODAY, copyright 1997 (page 38).
The Guerilla Group, 1002 Walnut, Suite 101, Bolder, CO 80302 (page 44 and page 132).
Franklin Covey Co., 2200 West Parkway Blvd., Salt Lake City, Utah 84119-2099 (pages 111118).
Library of Congress Cataloging-in-Publication Data
Smith, Tim
Loyalty-based selling : the magic formula for becoming the #1 sales rep /
Tim Smith
p. cm.
Includes bibliographical references and index.
ISBN 0-8144-7104-8
1. Selling. 2. Customer loyalty. I. Title.
HF5438 .S634 658.812dc21
| 2001022195 |
2001 Tim Smith.
All rights reserved.
Printed in the United States of America.
This publication may not be reproduced,
stored in a retrieval system,
or transmitted in whole or in part,
in any form or by any means, electronic,
mechanical, photocopying, recording, or otherwise,
without the prior written permission of AMACOM,
a division of American Management Association,
1601 Broadway, New York, NY 10019.
Printing number
10 9 8 7 6 5 4 3 2 1
Page v
CONTENTS
Preface | ix |
HOW AND WHO | 1 |
How Is Loyalty-Based Selling Different? | 1 |
Who Is Tim Smith? | 3 |
THE MAGIC FORMULA: 7 - 0 = 1 | 5 |
7 Magic Steps | 6 |
0 Lost Customers | 6 |
#1 Sales Rep | 9 |
Page vi
MAGIC STEP 1: GET THE ANSWERS TO THE TEST | 11 |
MAGIC STEP 2: MAKE FRIENDS | 17 |
Why Friendship? | 18 |
Establish TrustImmediately | 19 |
Take It Personal | 21 |
Friendly Facts | 23 |
Tour the House | 25 |
Ask, Listen, and Observe | 30 |
The Forgotten Compliment | 34 |
All Work and No Play | 38 |
MAGIC STEP 3: BLAST OFF WITH THE BIG THINGS | 43 |
Reverse a Negative | 43 |
Seize a Positive | 54 |
Use Formal Agreements | 55 |
MAGIC STEP 4: LIGHT 'EM UP WITH THE LITTLE THINGS | 65 |
Send Cards | 66 |
Make Their Lives Easier | 68 |
Remember Names | 69 |
Smile | 73 |
Mom Always Said:Use Good Manners | 74 |
Take Off Your Coat... | 74 |
Keep Promises | 75 |
Good Enough...Isn't | 77 |
Creatively Differentiate Services | 80 |
Page vii
Surprise, Surprise | 80 |
Say Thank You | 83 |
When Thank You Isn't Enough, Celebrate! | 86 |
MAGIC STEP 5: HAVE FUN | 89 |
How Fun Works | 90 |
Humor Heals | 91 |
Effective Communication | 94 |
Fun Bonds | 95 |
Use It, Don't Abuse It | 96 |
Humor Is No Laughing Matter | 98 |
MAGIC STEP 6: TIME TO WIN | 101 |
On Time: Be Late...Be Bait | 102 |
Response Time: Speed Kills | 104 |
Magically Make Minutes for Yourself | 110 |
Magically Give Minutes to Your Customers | 123 |
Create Good Timing Magically | 126 |
MAGIC STEP 7: GET THE TEST SCORES | 131 |
Back to School | 131 |
Why Do You Need to Ask? | 132 |
What Is in It for You? | 133 |
What Is in It for Your Customers? | 134 |
You Object | 135 |
They Object | 137 |
Best Service Ever...Guaranteed | 137 |
Page viii
And the Customer Says... | 143 |
Timing | 145 |
Complacency Kills | 147 |
Congratulations | 151 |
Sources | 155 |
Index | 157 |
Page ix
PREFACE
You are a great performer. You wouldn't be reading this if you were content with being average. Like many other superstars, you probably skip the Preface of many books you read because you want to get right to the good stuff. At the same time, you probably feel a tinge of guilt after you skip it. You worry that you have missed a kernel of wisdom that might make you even better.
Next page