Sales, Marketing & Social Media Today

I write about the three topics that I am most passionate about; Sales, Marketing and Social Media. These topics are covered from my experiences in outside sales and marketing. My objective is to use my expertise to help business and the individual.

Improve Customer Retention Get Customers To Pay on Time

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Building relationships with customers and closing deals is critical for sales success. In business, customer acquisition and customer retention are crucial to generating revenue. It is cheaper to keep existing customers than to acquire new ones.

Once a sale is made, it is tempting for sales reps to move on to the next customer.

However, the sale is not complete when the customer signs the contract. Customers should pay their invoices on time to ensure the business has enough cash to operate and potentially turn a profit.

What on time means is dependent on a company payment policy. Customers can have payment terms raining from C.O.D, net 30, net 60, net 90, net 120, or longer. Some cycles can run for a year or longer. Certain companies offer financing options. Payment structures are structured based on the length of the sales cycle.

How can we make sure customers pay their invoices on time?

Here are six ways to keep customers and get them to pay their invoices on time.

  1. Build and nurture customer relationships.
  2. When the sale is complete, put all details in writing.
  3. Follow through with the implementation product or service post-sale.
  4. Check-in with your customer to make sure they are happy with their purchase. This can present an opportunity for upselling, cross-selling, repeat business, referrals, and testimonials.
  5. If the customer voices concerns or has an issue with a product or service, address it immediately.
  6. Make sure to honor any promises and warranties extended during the sales cycle.

If you follow these steps, you will get most customers to pay their invoices on time.

What do I do if a customer will not pay their invoice?

In large organizations, the accounts receivable manager will handle the customer by sending past-due notices and charging penalties. However, if Sales Reps work for a small company as I did, this will be the Sales Rep’s responsibility. Ideally, the Sales Rep should be able to handle customer issues because they have a relationship with the customer.

Sales Reps should call and  visit the customer. During the visit, Sales Reps need to try to solve the issue. Be polite. Never raise your voice or swear at a customer. The goal is to get paid while keeping the customer whenever.

As a result of implementing the strategies above, my receivables (open invoices) were the lowest in the company! This allowed me to earn more commissions, make more sales and develop great relationships with my customers.

It is important to note that Sales and Service across acquisition and retention are subdivided in larger organizations.

How have you improved customer retention and gotten your customers to pay on time?

Please share your thoughts with me.

Additional places to find my content and blog

WordPress: https://dangalante.me/

Tumblr: http://www.askdangalante.com/

LinkedIn: https://www.linkedin.com/today/author/DanGalante

Medium https://medium.com/@DanGalante

YouTube https://www.youtube.com/trendsettingsm

Anchor https://anchor.fm/dangalante

About Me

I’m a Strategic Marketer with Field Sales, Sales Enablement, Content Creation, and, Classroom Teacher/Trainer skill sets using Marketing to drive Sales/Growth.

As a Marketer, I’ve worked with Start-Ups, a Political Campaign, and a Digital Marketing Conference.

I’m certified in Inbound Marketing with classes in Marketing, Product Management, Product Marketing, SEO, and SEM.

Before teaching, I was an Outside Sales and Marketing Rep. selling and marketing dental products to Dentists using consultative selling, trade show marketing, field marketing, and market research.

I publish Sales, Marketing & Social Media Today; a blog that covers industry events and trends.

I’m seeking a full-time role in

Inbound Marketing, Digital Marketing, Content Marketing, Product Marketing, Competitive Intelligence, Demand Generation, Social Media Marketing,

Sales Enablement, Enablement, Sales, Account Management, Customer Success, Sales Strategy, Marketing Strategy, Employer Branding, and Recruitment Marketing.

Open on the title, industry, company, location, and level. Reach out on LinkedIn or at dan@dangalante.com to start a conversation.

Posted 83 weeks ago

Sales, Marketing & Social Media Today

I write about the three topics that I am most passionate about; Sales, Marketing and Social Media. These topics are covered from my experiences in outside sales and marketing. My objective is to use my expertise to help business and the individual.

How to Obtain & Leverage Customer Testimonials & Referrals

Once you have made a sale to a customer, it is important to follow up with them. In Sales, it is important to deliver on the promises you make to customers. This means checking in with the customer throughout the implementation of your product or service. Staying in touch with a customer post-sale is also important to earn repeat business and referrals.

As an outside sales representative in New York City, making sales was the highlight of my day. Once I made a sale, I was itching to ask for a referral or a testimonial. In other words, I wanted to ask the customer the question Do you know of anyone who could benefit from my product and services? However, once I made the sale, my inner voice told me not to ask for a referral.

Now many people would want to ask because they feel that the customer bought their products or services and this shows a sign of trust. But what did the customer buy? Yes, the customer bought you and your products but the main thing that they bought was your promise to deliver value through your offering. How can you ask someone to put their credibility on the line when you and your solution are unproven? Yet many people do.

Asking for a referral right after the sale is a mistake because you have not delivered on your promise and you will seem ungrateful. The customer will think that you are not interested in building a relationship and that you just want to make a commission. Remember your job as a Salesperson is to build relationships with customers and to make sales by demonstrating the value of your products to the customer. Once the sale is complete, it is your job to deliver on the promises that you make to your customer.

When to Ask

Now you are thinking well this is great but when do I ask for a referral? How do I ask for a referral?

I would ask the customer for a referral when I know the customer is happy with the implementation of your product or service. In other words, ask when you have delivered on your promise. If you offer more than one product or service try to cross-sell or upsell the customer first. See if the customer will use more of your products or services or if the customer purchases more expensive offerings from you. Once the customer purchases more items from you, the customer is demonstrating that they like and trust you. This is the time to ask for a referral. I usually waited until this point to ask for a referral.

Ask the customer for a referral by thanking them for the business that they have provided. I would then ask if they knew of anyone like themselves that would benefit from my offering. My experience has taught me that customers were always willing to offer themselves as a reference. Customers who offered me a referral would let me use their names with other clients or pass my name along to their peers.

Testimonial Formats

Testimonials are like referrals. Testimonials can come in a variety of forms. There is a testimonial letter and a testimonial video. The testimonial letter is when a customer writes a letter stating that you did a wonderful job for them and endorses you. The digital version of this letter is the recommendation feature on LinkedIn and,/or uploading a letter to your website. The testimonial video is when a client speaks of your performance in a short video segment. This can be done by the sales or marketing team depending on if there are customer advocacy or referral marketers on your team.

When asking for a testimonial, offer the customer the option to choose the option they feel comfortable with. Also, be sure to tell them what specific aspect of your service you want them to focus on. Once you receive a referral and/or testimonial, make sure to thank your customer. Should you get new business through a referral, provide great service otherwise your customer will not give you anymore! Keep your customer informed on the status of the relationship with the referral.

Customer Evangelism

Providing customers with great products and experiences is a great way to get customers to help market your products and services.

Below is an example of how Hyundai used customer marketing & testimonials to roll out Connected Care at the NY Auto Show.

Previously, I wrote an article about what the auto show could teach us about trade show marketing.

Hyundai made one of the best presentations of this particular show. They dared to be different. Instead of the traditional press conference, where journalists sit, take in the information and ask questions post-conference, Hyundai included a Q & A session right into the presentation. The conference was not a conference at all; it was a town hall. John Krafcik, CEO of Hyundai Motor America, used the opportunity to roll out Connected Care. This is a service that allows drivers to get help in case of emergencies. The service also updates owners on the health of their vehicles.

To back up their claims, they had customers provide in-person testimonials of how their lives were saved. One of their customers survived a head-on collision thanks to the service. Unable to contact his family, the service notified them of the customer’s condition. Now that’s a testimonial. If I need a new vehicle, I would strongly consider buying a Hyundai.

The live customer testimonials are worth their weight in gold. Prospects will believe what customers say over any marketing campaigns that brands create. This is a strategy that any business or brand can use. Offer quality products and a great customer experience. Serve customers in this way, and they will be more than happy to share their stories with the world! This is the best kind of advertising that anyone could ask for. Certain customers may even become evangelists.

Customer Appreciation

The easiest way to make sales is to earn referrals and testimonials from your customers. Customers are usually delighted to provide referrals and testimonials for products that work. However, you need to show your appreciation to your customers who put their name and reputation on the line for you.

How you show this appreciation could take many forms. You could bring them baked goods or take them out to dinner. Taking them to a sporting event or concert of their choice is a great way to build your relationship. Find out what type of gift your customers want and try to get for them if it is feasible. Remember to do a good job for your new customer!

Customer Loyalty & Reward Programs

Another thing you could do is to show appreciation is to provide customers a coupon for 15 percent off any item that you sell once their referral has been converted to a sale. I would also provide a thank you note with the coupon. Also, I would develop a point and reward system that encourages your customers to provide you with more referrals. Credit card companies use a rewards and points system when customers make purchases. This can be a model you can copy and implement; depending on your budget. Gift cards can also be an option.

Building Communities

Brands can create online and offline events for loyal customers to reward them. They can also create user groups on social networks such as LinkedIn, Facebook, and Slack.

Brand Ambassadors, Referral, Affiliate & Influencer Marketing

Brands can also develop a brand ambassador, referral, and/or affiliate marketing program. Some brands use influencer marketing to help sell and market products. Some influencers are celebrities but some brands use micro-influencers that are known in a particular industry.

Remember, word-of-mouth marketing is a great tool to earn new business. Taking the time to say thank you is well worth the time and effort. Your customers have more weight with your prospects than you do! Let your customers help you earn new business. Your existing customers are one of the best sources of new business. Turn these customers into Apostles.

This is why you should reward your customers for providing referrals and testimonials.

How have you included your customers in your marketing?

Comment below.

About Me

I’m a Strategic Marketer with Field Sales, Sales Enablement, Content Creation and, Classroom Teacher/Trainer skill-sets using Marketing to drive Sales/Growth.

As a Marketer, I’ve worked with Start-Ups, a Political Campaign, and a Digital Marketing Conference.

I’m certified in Inbound Marketing with classes in Marketing, Product Management, Product Marketing, SEO, SEM.

Before teaching, I was an Outside Sales and Marketing Rep. selling and marketing dental products to Dentists using consultative selling, trade show marketing, field marketing, and market research.

I publish Sales, Marketing & Social Media Today a blog covering industry events and trends.

Articles and insights have been featured, mentioned and, referenced in:

Tractica in the News

The Future of AI

https://medium.com/@DanGalante/the-future-of-ai-insights-from-the-ai-summit-ab6267eca70b

Digital Marketing World Forum

https://www.digitalmarketing-conference.com/key-insights-from-digital-marketing-world-forum-north-america/

Voice Summit

Compilation: Our Favorite Post-VOICE Coverage So Far

https://www.voicesummit.ai/blog/compilation-our-favorite-post-voice-coverage

Engage Bay

7 Steps to Align your Marketing Automation Strategy

https://www.engagebay.com/blog/marketing-automation-strategy/

Relay 42

The Role of Technology in Customer-Centricity

https://relay42.com/resources/blog/the-role-of-technology-in-customer-centricity

Databox

How to Improve Marketing and Sales Alignment (Gave background)

https://databox.com/how-to-improve-sales-marketing-alignment

Onalytica

Named as a Top STEM Influencer for EdTech and Education Industry Insights.

http://www.onalytica.com/blog/posts/stem-top-influencers-brands-publications/

The Arizona Republic

http://yourbusiness.azcentral.com/handle-top-10-sme-sales-objections-24845.html

Twitter Ads Blog

https://blog.twitter.com/2014/how-smartphone-users-engage-on-twitter-three-key-findings

Paper.li’s Wall Of Fame via Scoop.it

http://www.scoop.it/t/all-things-paper-li/?tag=Dan+Galante

I’ve been honored for my Social Profiles

•LinkedIn SSI Score in the Top 1%

•SlideShare for being in the top 5% of profiles viewed in 2014

•LinkedIn Profile was in the top 1% of profiles viewed out of 200 million members in 2012

I’m seeking a full-time role in:

Inbound Marketing, Digital Marketing, Content Marketing, Product Marketing, Demand Generation, Social Media Marketing, Sales Enablement Enablement, Sales Strategy, Marketing Strategy, Employer Branding, Recruitment Marketing.

Open on title, industry, company, location, and level. Reach out on LinkedIn or at dan@dangalante.com to start a conversation.

Posted 146 weeks ago

Sales, Marketing & Social Media Today

I write about the three topics that I am most passionate about; Sales, Marketing and Social Media. These topics are covered from my experiences in outside sales and marketing. My objective is to use my expertise to help business and the individual.

Press & Industry Highlights of The 2023 New York Auto Show

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The 2023 New York Auto Show is happening at New York’s Jacob Javits Center.

I had the privilege of covering the New York Auto Show on press and industry days. The show opened with the World Car Awards Breakfast.

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I want to congratulate Hyundai for winning multiple awards with its all-new Ioniq 6 EV including the World Best EV Award, World’s Best Design, and 2023 World Car of the Year!

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Congratulations to all of the other finalists as well.

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I rode along in the Hyundai Ioniq 6 EV on one of the multiple test tracks at the show. It was an exhilarating experience!

The show consists mainly of EVs and hybrid vehicles. There are two levels including using EV test tracks where you can a do ride-along. There are fun exhibits that I recommend that you experience. I rode along on all of the test tracks experiencing various EVs. 

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The Jeep track simulates a mountain and off-road driving experience.

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If you are interested in learning about EVs, Charging Stations, and electric power there are displays and resources to explore at the show.

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You can find additional pictures posted on Instagram.

There were also some new vehicle roll-outs and major press announcements from Kia, Hyundai, Chrysler, Ram, VW, and many others. You can see some of them below. Kia Press Conference The all new EV9.

Hyundai Press Conference and Reveal Kona N Line, The All New 2024 KONA Electric

https://www.youtube.com/live/oMuxsvlzfW8?feature=share

The Ram 1500 REV all Electric Reveal!

https://fb.watch/jNiJGD2R2b/

VW ID. Buzz Atlas Peak Edition Press Conference 

Chrysler and Autism Partnership

I enjoyed the Subaru Loves Pets campaign at the show. Subaru is partnering with animal nonprofits to get pets adopted, especially pets that are disabled and traumatized.

The show is open to the public as of yesterday at the Jacob Javits Center located at 429 11th Avenue New York, New York 10001. How to get to the Auto Show. The Auto Show runs from Friday, April 7th, through Sunday, April 16th, 2022. The hours are as follows Monday — Saturday from 10 am to 7 pm and Sundays from 10 am to 7 pm. General admission tickets are $21 for adults and $ 7 for children. If you want early access for this Friday or Saturday tickets are $45 for adults and $7 for children. Tickets can be purchased here.

What are you hoping to see at the auto show?

If you have attended the auto show, what was the most exciting thing you experienced?

Share your thoughts.

Posted 81 weeks ago