Business management

How to trade better

How to trade better

Video: 90% of traders lose money... So how to be in the top 10%? 2024, July

Video: 90% of traders lose money... So how to be in the top 10%? 2024, July
Anonim

Everyone who works in trade or has business in the trading sector knows very well that the most important thing is the client and his desires. Naturally, there are certain limits of decency, beyond which you should not go, otherwise the client will just sit on your neck, but from ancient times in trading there is one single rule - "The desire of the client is above all."

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Instruction manual

1

First of all, carefully study your client. Your product has the maximum value for a specific target group, which is most likely to need it and will buy it if you offer it. Identify this target group.

2

Identify the needs of this target group. Find out what exactly is the greatest value for her - is it the status of the product, its price or its fame? You must decide what exactly your product wants to see in order to sell it as efficiently as possible.

3

Use discounts and promotions in combination with an advertising campaign in order to maximize your product promotion. You must attract and retain the client, and for this you need to play on his needs identified in the previous step. Maintain customer loyalty with cumulative discount cards and club cards, if your business allows it.

4

Continuously monitor sales performance and trainings aimed at improving sales quality. Sales managers should ideally possess the rules of communication and effective sales so that the customer likes to buy exactly your product and from you.

Useful advice

Follow the feedback from the client about the quality of goods and services - this will cause you more confidence among customers and get invaluable information about what exactly does not suit your customers.

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