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Futurum Technology | 5 Golden Rules on How to Sell a Product

5 Golden Rules on How to Sell a Product

Posted on November 16, 2023

As the CEO of a startup, you bear various responsibilities, and one crucial aspect is representing your startup while engaging with potential clients for your product or service. If you find yourself less confident in sales, consider these 5 golden rules that can effectively promote your company.

In this article, we will outline methods for efficiently selling products.

Rule 1 – Be a Friend to Your Client:

Remember, making a positive impression on your client is paramount. How you present yourself, your company and your product can significantly influence the selling process. Ensure that your client likes you from the start; it’s much easier to sell when you establish common ground, shared interests, and even humor.

If a client initiates a conversation or requests a meeting, inquire about how they discovered your business. Understanding whether they found you through social media, a recommendation, or by chance provides insight into their attitude and awareness.

Now, the question arises: how do you build a relationship with a new acquaintance? Consider these three methods:

  • Case Study: Share experiences that highlight your product or service’s effectiveness in problem-solving, tailored to the person you’re talking to.
  • Imitation: Align your gestures and voice tone with the client’s, making yourself more relatable.
  • Authorities: Identify authorities among your clients, such as a well-known figure who has used your product. If unavailable, focus on statistics, showcasing how many people your product has helped.

Step 2 – Understand Clientsโ€™ Needs:

Understanding and identifying your client’s needs is crucial for finalizing a sale. Don’t just focus on the main issues; consider other needs your service can address. Be honest, confident, and attentive to their needs.

Futurum Technology | 5 Golden Rules on How to Sell a Product

Rule 3 – Quality of Your Product:

After addressing your client’s attitude toward your company, shift focus to the product or service and its benefits. Avoid using generic information; instead, create a narrative emphasizing their advantages. Stand out from the competition by highlighting unique aspects, such as the underlying idea, guarantees, or additional benefits.

Step 4 โ€“ Address Objections:

As objections start to surface in clients’ minds, address their concerns about costs, alternatives, and the necessity of your product or service. Emphasize a key quality of your service that aligns with their desires and demonstrate the consequences of a future without your product.

Offer a free trial if possible, allowing clients to experience your product and remove uncertainties.

Step 5 – The Grand Finale of Sell:

The final step involves motivation. People often need incentives to make decisions, so create a sense of urgency by indicating a deadline. Convey that your product is in high demand and difficult to obtain, encouraging them to decide promptly.

Impress the client that your product, service, and deadlines are limited, fostering a sense of urgency and motivating them to make a purchase quickly. If you follow these guidelines diligently, you can steer the sales conversation in your favour, resulting in a successful purchase by the customer.

Remember, while the selling process is complex, these golden rules can empower you to sell effectively. Although beginnings may seem challenging, with the right approach, everything becomes more manageable and enjoyable.

For more interesting and useful insights about startups, visit our blog for articles or listen to compelling podcasts featuring our clients!

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Futurum Technology | 5 Golden Rules on How to Sell a Product

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