Winning With Niche Market Sales

Selling to Television Parts and Supplies Wholesale and Manufacturers Businesses

As the market recovers, television parts and supplies wholesale and manufacturers businesses are slowly emerging from the market slowdown and are once again poised to invest. With these useful selling tips, you can improve your sales model and increase your returns when selling to television parts and supplies wholesale and manufacturers businesses.

Technology and technique are important. But in a B2B sales environment, they may be less important than other critical resources.

Your approach will vary according to your situation and your company's unique sales objectives. But in general, there are several things you will need to consider when crafting a strategy to sell to television parts and supplies wholesale and manufacturers businesses.

Niche Selling

New businesses that sell to the entire marketplace face a long, uphill battle. A better approach is to customize your approach to an underserved niche.

In the television parts and supplies wholesale and manufacturers business industry, niches can be based on geographic, demographic or industry-specific factors. For niche sellers, market research is a non-negotiable. Don't assume that there will be demand for a niche product line unless your assumptions are rooted in solid facts.

How to Find Television Parts & Supplies Wholesale & Manufacturers Business Leads

Leads form the basis for winning sales strategies. The first step in lead generation is to analyze the local market. From there, you can widen the field to include the yellow pages, Internet searches and trade listings.

The names of television parts and supplies wholesale and manufacturers businesses you obtain through your own efforts need to be qualified through phone calls, emails, and face-to-face conversations.

But the most dependable source of qualified sales leads is often a third-party lead list provider. For consistently high quality lead lists, we recommend Experian Business Services to our business partners. Experian has a reputation for providing precise, targeted lead lists that can be used for direct mail and other marketing efforts directed toward television parts and supplies wholesale and manufacturers businesses.

How to Evaluate Sales Staff

Periodic staff assessment is essential for companies that sell in this industry. Businesses that achieve significant market share recruit the cream of the crop and routinely evaluate them against performance goals and benchmarks.

Although annual reviews may be enough for other business units, sales units should be evaluated quarterly with monthly or weekly reviews of sales totals. Training, coaching and sales incentives can be useful for improving performance and revenues. In some instances, it may be appropriate to team underperforming sales reps with reps that have more experience selling to television parts and supplies wholesale and manufacturers businesses.

Share this article


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary