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Monthly Buzz #49
June 2006

Don't Waste Time With Bad Customers

The next time you deal with a difficult customer, ask yourself this question: "Is the time I'm spending with this customer taking time away from others who need me more?" If the answer is "yes," then it's time to cut your losses and walk away. So the next time your first thought is "The customer is always right," stop and ask yourself this instead: Is this customer right for me? Here are some ways to make that decision:

  • Know when to walk away. Persistence in selling should add value. But if you've tried again and again to reach a prospect who just doesn't understand your product or service, who doesn't see its value, or with whom you can't establish a connection, it may be time to walk away.

  • Follow the 80/20 rule. Take stock of your customers. Which ones give you the most business? Which give you the most headaches? How much time are you spending with each? Eighty percent of your business comes from 20 percent of your customers, so focus on those customers that have the highest potential to increase your bottom line.

  • Ask the difficult questions. Too many salespeople are "stuck" with problem customers because they don't ask the hard questions. They get sucked into a long, drawn-out sales process because they have never asked, "Is there anyone else besides yourself who is involved in making this decision?" or "What's our next step?" or "What do we need to do to get a decision by the end of this month?" They're afraid of rejection and objections. But getting an objection is often the only way to truly understand how the customer is thinking and get the sale back on track-or to realize that this track is not the right one for you or your customer to follow.

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