Resources for Entrepreneurs

Selling More

Selling to Used Restaurant Equipment and Supplies Businesses

For many entrepreneurs, selling to used restaurant equipment and supplies businesses can be a pathway to profitable company growth. Properly applied, these strategies for selling to the used restaurant equipment and supplies business market will dramatically improve sales.

A good sales strategy is money in the bank. So for businesses that sell to used restaurant equipment and supplies businesses, there is no substitute for a strategic sales approach.

For B2B professionals that sell to these companies, the industry's positive growth outlook makes the solid execution of fundamental sales principles more important than ever.

Reaching Prospective Customers

Prospecting transforms contacts into qualified leads.

Networking can fine tunes prospecting performance and conversion ratios. However, it's important to make sure your sales force isn't so focused on meeting new people that they miss the point of prospecting, i.e. the identification of likely buyers, key decision makers and high value industry contacts. In other words, quality is just as important as quantity when prospecting for used restaurant equipment and supplies businesses.

Lead lists are useful because they narrow the field for your team. Third-party lists from reputable vendors (e.g. Experian Business Services) provide a database of likely conversion targets, making it easier for your company to balance the quantity and quality demands that are prerequisites for effective prospecting.

Hiring Staff

Your sales force is your most valuable sales asset. A first-rate sales strategy is ineffective if your sales team lacks the expertise and resources to perform at the highest levels.

Most used restaurant equipment and supplies businesses appreciate the value of sales professionals who are equipped to discuss the value of their products. When a customer has a problem with an order, the sales rep is usually the first person they contact so it's imperative for your team to be trained in techniques for service after the sale.

How to Sell to Used Restaurant Equipment & Supplies Businesses

After you have established contact with a prospect, how do you close the sale?

Like many of us, used restaurant equipment and supplies business business owners are have no patience for extended pitches and sales cycles. As a rule, be respectful of your customers' time constraints and adjust your pitches to accommodate their schedules.

In some instances, your initial contact at used restaurant equipment and supplies businesses you call on may not even be the decision maker, so you'll need to quickly identify key staff and be prepared to sell to office managers or others in the organization.

Have Friends Who Might Like This Article?

Tweet via @gaeblerdotcom Share this on Twitter

Let them know on LinkedIn

Ready to Learn More? We Think You Might Like These Articles:


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary