Establishing ongoing relationships with customers enhances the long-term success of most small companies. It’s more cost-effective and a lot less stressful to serve ongoing accounts than it is to continually search for new business. Cash flows are more stable, and increased operational efficiencies can reduce internal costs, increasing profitability.
To secure a long-term customer, sales personnel need to “look beyond the sale.” They need to form a relationship with the customer, solving all of the customer’s needs and providing ongoing value of products and services.
The basis for establishing such a relationship is to address the five key needs of every customer. These include…Don’t Make a Sale, Make a Long-Term Customer – NFIB.com.
Flickr photo credit: KateMonkey