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BOUTIQUE - Music Inc. Magazine

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I<br />

48 I MUSIC INC. I JANUARY 2011<br />

STrEETWiSE SEllinG i By KEnny SMiTH<br />

The $100,000 Customer<br />

used to manage a branch store for a successful keyboard chain in Los Angeles.<br />

One day, another branch manager called and said, “There’s a guy here who<br />

bought a keyboard yesterday for a steal of a deal, and now he’s demanding<br />

that we help him learn how to use it. On top of that, he wants me to drop everything<br />

and do it now. What should I do?” My answer was simple and to the<br />

point. I said, “I treat every customer like they’re worth 100K, no matter what.”<br />

It wasn’t what he wanted to hear, but he ended up doing the right thing and<br />

helped the man.<br />

You never know when a $100,000 customer will<br />

walk into your store. So, make sure you treat every<br />

customer as if he’s going to spend $100,000, regardless<br />

of his car, his attitude or his howling children in tow.<br />

Remember: There’s no better advertising than wordof-mouth.<br />

Customer referrals are essential to your success.<br />

But giving customers cut-rate deals doesn’t mean<br />

they’ll be satisfied or happy. And just saying “thank<br />

you” when people buy something isn’t enough to make<br />

them remember you. A great salesperson knows his job<br />

starts after the purchase. So, if you want to be a sales<br />

ninja, use a follow-up plan with every deal you make.<br />

Make a check-up call. Many salespeople don’t<br />

follow up because they think it might open a can of<br />

worms. My recommendation: Wait two days, then<br />

call the customer. Occasionally, customers<br />

have buyer’s remorse the day after a purchase,<br />

but unless there’s a real problem, it wears off<br />

Want more $100,000<br />

customers? Then treat all<br />

customers as if they’re<br />

going to spend that much<br />

quickly. And if they’re struggling, they’ll be<br />

extra glad to hear from you. When you call,<br />

say, “I’m checking to see how you’re doing,”<br />

and wait for them to tell you.<br />

Face the music. If they’re happy, set up a<br />

time they can come back in for adjustments or<br />

instruction. If they’re unhappy, let them explain<br />

why. Don’t interrupt or get frustrated. Roughly<br />

90 percent of customers’ problems are caused<br />

by them not understanding their products. Get<br />

the customer back in the store to address their concerns, and offer solutions.<br />

As salespeople, we can’t let our egos get in the way of a customer’s happiness.<br />

Make things right, and customers will remember you.<br />

Network with those customers. The best use for your business cards is<br />

giving a handful of them to clients. If you’re not enlisting your best customers<br />

for help, you’re missing deals. Use Facebook, Twitter, YouTube and LinkedIn<br />

to stay connected.<br />

Add a personal touch. I’m<br />

always looking for ways to build<br />

stronger, long-lasting relationships.<br />

Currently, I use and recommend<br />

sending out personalized<br />

cards with the customer’s picture<br />

on it, taken when they buy. Even<br />

in today’s digital world of e-cards<br />

and e-mails, customers will typically<br />

keep these cards and even<br />

put them on display.<br />

The $100,000 customer will<br />

choose you. Once, a well-dressed<br />

young man approached me. He<br />

explained that he’d met me at another<br />

music store I used to work<br />

at. He’d been a kid at the time and<br />

rode his bike there. It turned out<br />

I was the only salesperson who’d<br />

helped him. “I’m a doctor now<br />

and have my own practice, which<br />

is going well for me,” he said. “I<br />

tracked you down because I want<br />

to buy one of those.” He pointed<br />

to an expensive workstation. “And<br />

I’m going to buy it from you. Just<br />

write it up. You don’t even have<br />

to give me a deal.”<br />

In other words, never ignore<br />

or underestimate the nerdy kid<br />

on the bike. The best products,<br />

sales skills and prices will never<br />

replace showing customers you<br />

care about them.<br />

It works. Go ahead, try it.<br />

Even if you don’t get the $100,000<br />

deal, you and your store will be<br />

richer in the long run. MI<br />

Kenny Smith is an industry veteran and<br />

consults both retailers and suppliers.<br />

Find him at kennysmithsalesguru.com.

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