This blog is written by a member of our blogging community and expresses that member's views alone.
Are you starting your own computer business?
Do you want to make sure you launch it the right way, the first time around?
Then make sure you're aware of your new company's sales cycle.
If
you are like a lot of other new computer business owners, maybe you
don't quite know how to sell your services or get long-term clients and
predictable revenue. One of the first steps to building a successful
computer business is knowing the sequence of the sales cycle and
following it consistently every time you come into contact with a
potential client.
There are six steps in the sales cycle, and
often new or naive computer professionals think these are just the
ideal of what they ought to be doing in a perfect world.
The
reality is, the sales cycle is not just a hypothetical best case
scenario. Following its steps is the only way for most to consistently
sell the high-margin services you need to get steady, high-paying
clients. Methods that are limited to selling products, canned
solutions, and even managed services that are pretty much just
commodities put lots of downward pressure on your profit margins and
won't help you build your business.
To keep you away from
profit-destroying methods as you are starting your own computer
business, follow the 6 steps of the sales cycle below.
- Targeted Marketing Activities that Generate High-Quality Leads.
As you are beginning the process of finding the best clients for your
computer business, you need to plan and implement a whole bunch of
targeted marketing activities that will find those most likely to
benefit from your unique services and the solutions you provide.
- Careful Lead Qualification.
As you are starting your own computer business and building your
potential client roster, you need to qualify leads to make sure they
fit your criteria for what makes a good client. For example, are they
geographically desirable? big enough to need steady weekly or monthly
sophisticated technology services? small enough to not have a big
in-house IT department? and invested in, or planning to invest in, a
platform supported by your particular computer business?
- Sales Calls as Mutual Interviews.
Once you've qualified your prospects, you need to go on initial sales
calls. You need to have a written-down, plotted-out agenda for these
meetings, but also treat them as mutual interviews. They are checking
you out as a potential service provider. But when you're prepared,
calm, cool, and collected, you are also able to more proactively figure
out whether or not they have the potential to become good clients for
your company.
- Proving Ground Projects Build Credibility and Trust with New Customers.
This step in the sales sequence is often overlooked, especially when
you are just starting your own computer business. If you did
everything right up to this point, your next step will be selling a
small billable project - an emergency service visit or a technology
assessment. This project will act as a proving ground of sorts, during
which your company will prove its value to new customers. And
conversely, your new customers are proving themselves to your business
as being able to work well with you and your staff.
- Remediation Projects, Major Upgrades, Installations, and Rollouts.
The fifth step in the sequence of the sales cycle only happens if the
proving ground project works well. This step involves talking about
fixing a larger problem... often a major upgrade of systems, a big
installation, or some sort of rollout project. Naive computer business
owners might try to sell this type of project right out of the gate,
before the process of lead qualification or a smaller project have been
completed. However getting impatient can be a big mistake if you want
to build long-term relationships.
- Annual Service Agreements for On-Going Maintenance.
As you present the major project or installation, talk about how
on-going maintenance will be handled and present an annual service
agreement program of some sort. You really need to have this service
agreement program in place as you are starting your own computer
business, so you can create the framework for creating long-term
relationships. This final step of the sales cycle will take some time
to reach as you let relationships evolve naturally. If you start
talking about this major commitment in the first sales call with your
potential client, before you have even built trust or proven yourself,
you will in nearly all cases sabotage that relationship. Make sure you
don't propose marriage on your first date. Take time to let new
customer and client relationships evolve naturally.