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Friday, February 29, 2008
PRINT4PAY HOTEL APPOINTS NEAL PETERMANN AS MODERATOR FOR KONICAMINOLTA MESSAGE BOARD
“Now all KonicaMinolta Copier Sales Professional can communicate with their own Message Board in a secure environment where they can share information with other successful KonicaMinolta professionals from all over the world!”
Tuesday, February 26, 2008
That Time of Year for Me with AIIM/OnDemand
Saturday, February 16, 2008
Copier Sales "Email or Not to Email"
Selling Copiers "Testimonial Letters"
Clients are more skeptical than ever. How do you win the sale when your potenital cleint knows nothing about you or excellent benefits that your systems provide?
About eight months ago, I lost a sale for a wide format system. I lost because the customer was buying on price only, and of course I did not have the lowest price. Well, the other day I received a phone call from the customer asking me if I could come in and give him training on the wide format system that he leased. At first I thought that I'd tell him I told you so and then thought that I'd tell him that I'm not interested, and then I decided what the heck I'll do it as long as I get a substantial fee for my time. We agreed on a price and I conducted the training as promised and the cleint paid as promised. When we finished I asked him for a referral/testimonial letter, the cleint stated that they would do this and send it to me. A few days later I had my letter and it was a great one! The cleint basically stated that they should have bought the wide format system from me, and was sorry that they opted to buy on the "best price". They also stated that they had called in the original vendor for training (Direct Branch) and then another dealer and that both of them failed. The letter went on to state how well they were training and now they could fully reap the benefits of the system that they had purchased.
Just as we always ask for the appointment, ask for the order, we also need to always ask for a testimonial letter from our cleints. You can never have enough of these letters, you never know who is going to know who when you present them. A good time to present can be when you submit your proposal, have one or two copies ready to go.
What makes up a good testimonial letter? I use this acronym QULKY. Q is for quantified results, U is for unique or creative selling proposition, L is for loyalty and future business and Y is for you. You is the most important, how you responded or thank you for your contribution to our needs.
When was the last time you stopped in and the customer told you they are enthralled with a certain feature and they don't understand how they ever did business without it. I've heard it many times and this should be your que to ask for a letter, you can also ask for a letter after the system has been installed. Ask and you shall receive.
Along with good selling skills, testimonial letters need to be a part of your every day sales life. Remember. new accounts know nothing about YOU and nothing about the skills and knowledge that YOU bring to the table.
Good Selling!
Sunday, February 10, 2008
Copier Sales "Top Ten Rules" for New Copier Sales People
- Never stop prospecting for new accounts!
- Network with friends, family and join a network group.
- Ask the right questions.
- Be prepared!
- Seven Touches!
- Product knowledge!
- Prospect by day and quote by night!
- Keep a positive attitude!
- Dress for success!
- Register for the P4P Hotel Message Boards and share information!
Your road to success starts here!
Tuesday, February 5, 2008
Copier Sales "Lowering The Cost"
Most customers choose to lease the equipment, and with this type of close you need to take the amount of discount and divide by the term of the lease. ie: $1,000 divided by 60 months equals $16.66 per month, from there deduct this amount off of the monthly price that was quoted. Do not take this off of the purchase price. You have agreed to save the customer one thousand dollars and you have done so.
Here's another example. Price for the system is $20,000 with a rate factor of .0195, thus the payments are $373.34. When you minus off the $8.33, the new lease cost is $381.67 and will create a new sale price of $19,145.64. If you had taken a thousand dollars off of the $20,000 you would have lost the $145.64 on the transaction.
Remember that when selling payments, you are saving them a $1,000 over the term of the lease. You also have to be specific in how you state it, once you say that you are selling the system for a $1,000 less then you must go with that, however if you use the close that you will save then "x" amount of dollars if they buy today then you can use the formula I outlined above.
Good Selling!
Saturday, February 2, 2008
Gelsprinter, Inkjet, Bubblejet, it's all Liquid Ink!
I read this a few months ago and it really hit home that Liquid ink technology will eventually take over laser print technology in the corporate and home office. Not sure if it will be in selling career, however I'm sure it will be the norm in 10-20 years from now.
With toner (plastic resin) being derived from fossil fuels and energy costs soaring; it's pretty much a no brainer that liquid ink will be the technology of the future. Which do we have more of oil or water? Along with which is cheaper?
So, where will that leave office equipment dealers in the future? Liquid ink means no more consumable items such as photo drums, cleaning blades, and developer and fuser kits? Consumable items are the life blood of Office Equipment Dealers. Planned obsolescence is the rule of law. Office Equipment Dealers make their profit from pages printed or copied, more pages equal more profit. When the industry does change to all ink, what happens to Office Equipment Dealers, will they be able to compete when the ink is sold on the internet at prices lower than they can buy from their manufacturer?
Today’s Multifunctional machines are 5 times as reliable as their analog predecessors. Liquid Ink systems are more reliable than ever. Will clients still take Maintenance Agreements or Cost per Page Plans if the systems only breakdown a few times a year? Could Liquid Ink based High Volume Multifunctional systems put many dealers out of business?
All these questions are yet to be answered, we must all keep in mind that these systems are manufactured to use supplies. Ink and toner is where the real profits are.
"Every organization must prepare for the total abandonment of everything it does". Peter Drucker