The sales process

Cards (13)

  • Customers often value good customer service above many other factors when making purchases
  • Offering good customer service is a way a business can stand out in a crowded and competitive market
  • Factors contributing to good customer service include:
    • Knowledgeable, helpful, and friendly staff
    • Meeting all legal requirements
    • Quick delivery
    • Efficient service
    • Excellent post-sales service (service given after a product has been purchased, e.g., technical support or dealing with complaints)
    • Support
    • Good product availability
  • Good customer service is important because satisfied customers are more likely to become regular customers
  • The sales process is made up of five key stages:
    • Customer interest
    • Speed and efficiency of service
    • Customer engagement
    • Post-sales service
    • Customer loyalty
  • Customers recommending a business online or to people they know helps build a good reputation and positive brand image
  • Differentiation is making a product or service different from others to appeal to a particular target market
  • Customer interest stage:
    • Businesses attract potential customers using emotive language in advertising
    • Employees need good product knowledge and use appropriate sales approaches like hard or soft approaches
  • Excellent customer service is a method of differentiating a product from the competition and providing a competitive advantage, allowing businesses to charge a premium price and increase sales via repeat purchases
  • Speed and efficiency of service:
    • Good customer service attracts customers and helps them feel valued
    • Businesses must deliver products quickly and in perfect condition
  • Customer engagement:
    • Refers to interactions between a business and its customers during the sales process
    • Businesses use social media to engage customers and build relationships
  • Post-sales service:
    • Involves providing support for customers who have bought a product or service
    • Businesses seek feedback and act on it to build positive customer relationships
  • Customer loyalty:
    • Providing excellent customer service leads to customer loyalty and repeat purchases
    • Retaining existing customers is often more cost-effective than finding new ones through advertising