What You Should Be Happy About when Selling a Lacking ProductAssociation of Strategic Marketing
November 14, 2013 — 1,386 views
There are many different reasons why most product launches fail to achieve the desired results. The most common error made by large manufacturers is the complete focus on the product itself. Though this ensures the best product development, it cuts down on the time and funds for the sales and marketing process.
Another thing that producers should concentrate on is the consumer view while the product is in beta testing. Many manufacturers get very caught up in the products and reject the common views of their target consumers. If they do not work on tweaking their products to suit their consumers, there will be no buyers.
Focus on Sales and Marketing Process
If you have already started the manufacturing process and have a large inventory of items that are not selling, you will have to resort to plan B. Your backup plan should focus on how you can engage in selling bad products that potential customers are not buying. Many companies hire salespeople who try to hard sell goods.
If you force a consumer to try and buy something, and glorify it beyond something that is believable, people will reject it. The greatest marketing is to coax people into thinking that they themselves wish to buy the product. In this essence, it is vital that you focus on what you can accomplish with goods and services rather than issuing a notice of hard facts about the product itself.
Develop Brand Image and Avoid Hard Selling
Another relevant pointer is for you to train your salespeople in avoiding using jargon to confuse a customer into buying your products. All brands stand for something deeper than products. Take a car company like Rolls Royce or Bentley; The brand stands for luxury and excellent experience. A person who buys such a brand is out to gain prestige and social stature, not the car alone.
Using the same guidelines, your job is to work on searching for the need that your customers can fulfill by buying your products. Once you point this out to your potential buyers, they will start to listen to your sales pitch more intently. If you narrate a series of technological facets that your goods have over your competitors, you will have no audience.
Large Campaigns to Show Strengths of Products
Do whatever you can to promote your product. Make it look strong to your buyers so that they buy it out of choice. Creating awareness is important. Remove all notions of sales targets. Just focus on quality delivery. Search for products that you could develop to compliment what you have manufactured to make them desirable in pairs. You will effectively be selling two items instead of one.
There is a trick to marketing that is quite a gamble. It may be used only if all other means to make sales has failed. You can openly point out the weaknesses of the items while you mention its strengths. Make sure you make the strengths overpower the weaknesses you mention. Your up-front sales tactic may interest consumers to make compromises.