Retail Tips – Presenting and Demonstrating Your Products

The confidence and care you take in presenting and demonstrating products can set you apart not just from other retailers but also from the ever increasing competition from the internet. Here are some tips to help you stand out from the pack.

Get your customers involved
If it’s an item of clothing let the customer touch it and then encourage them to try it on. If its furniture, perhaps you’re showing them a sofa, invite them to sit on it. If you’re in a pharmacy and you’re reading information from the label on the back of the box pick up the second item and put it in their hand so that they have it as well. Wherever possible, encourage your customers to hold the item, try it on or use it in some way.

By letting them experience the product, it becomes more real to them. Also it is no longer your product, when it is in their hands or as they are trying it out it is potentially their product. They’ve moved a little closer to ownership of the item.

Handle with care
Have you ever been in a jewellery store and noticed how the staff present a precious diamond necklace or ring to the customer? Without even seeing the price you know it is expensive because of the reverence they show as they handle it.

They should also present a diamante necklace or ring in exactly the same way, yet very few sales people do this. It’s about being customer focussed rather than product focussed. You are handling this person’s potential possession so it should be treated as if it is precious.

Treat your merchandise with respect. Remember, you may be showing the product to its future owner.

I remember trying on a pair of squash shoes in a small sports store. It was busy and there seemed to be lots of pairs of sport shoes spread across the floor. After trying on a pair that didn’t seem quite right, the owner brought me another pair. He made room for me by sweeping aside the first pair and a couple of others with his foot as if they were rubbish to be put in the bin.

He probably thought he was just moving HIS ‘stock’ out of the customer’s way but to customers he is not only devaluing the product, he is treating THEIR potential product disrespectfully.

By the way, it is a good tactic to immediately remove from sight any product that the customer has rejected – though not ones they are just a bit doubtful about – so, the sports store owner was doing something right. It’s just how he did it that was wrong!

Demonstrating a product
We’ve already covered some key points appropriate to demonstrating a product in the previous sections on handling the product with care and getting your customer involved.

The more interactive you can make the shopping experience, the more inclined your customers will be to buy. And if you can provide them with evidence via this interaction they will have proved to themselves that the product can do what you say.

With many products, an ounce of demonstration is worth a ton of words especially if your customers can try out the product for themselves. Research has shown that when a customer is given the opportunity to use a product or see it in operation the chances of closing the sale increase by 17%.

There are a couple of additional rules to bear in mind.

1. Check any products first to make sure they work. This should be done in advance of your customers coming into the store. There is nothing more embarrassing than attempting to demonstrate a product that has a faulty part that doesn’t work.
2. Make sure you can demonstrate with confidence by rehearsing in advance. Take turns at demonstrating products with your colleagues.
3. Be completely familiar with any safety considerations associated with the product.

Case Study: Piano Virtuoso
When my daughter was 7 or 8 years old she expressed an interest in learning to play the piano. So we headed out on a shopping expedition to purchase a piano. Having no experience in anything musical, I relied on the knowledge of the salesperson in the retail store. What would be best for her as a beginner? Which makes and models held their value best in case she didn’t maintain her interest? And so on.

In one store we came across a knowledgeable salesperson who clearly enjoyed seeing a child being introduced to a musical instrument. He answered my questions, translated the features into benefits and took an interest in my daughter as well as me. He almost had us there… then he blew it!

He sat down at the piano to demonstrate and proceeded to stun us by playing the most amazing piece. Then he got up and asked my daughter to have a go. She wouldn’t go near the piano. He had totally intimidated her with his virtuoso performance.

We politely excused ourselves and a few days later bought the same piano from another retail store where my daughter didn’t feel intimidated.

The lesson from this is that whether you are demonstrating a new computer gizmo or an electrical guitar if you concentrate on showing off your skills rather than demonstrating ease of use, you may intimidate the customer. And if they are unwilling to try it they are unlikely to buy it.

These tips come from Jurek Leon’s new two volume, ‘Retail Selling: The Complete Do-It-Yourself Training Programme’. Check the Terrific Trading website for more tips and information on the DIY program.

Debt Settlement Negotiations – When it Makes Financial Sense to Use a Professional Debt Negotiator

There is a right time to do everything. Even positive moves create problems when they are taken at the wrong time. In case of debt settlement negotiations as well, you need to get them when there is no other option well. Some people apply for debt settlement negotiations even when they are financially sound. This is not logical thinking. If you can pay your bills, why do you need to decrease your credit rank? In financial terms, the minimum size of unsecured financial debts should be ten thousand dollars. All the people who lie below this limit are not eligible for this option. Thus, monetarily, applying for liability relief only makes sense when you are above the minimum limit.

Debt Settlement negotiations are only helpful when you cannot cover your dues?

Do you know that a professional negotiator is quite expensive and he charges a fat amount? You only need to hire experts when you really need them. Now, you need to take care of certain important issues.

· Only legitimate negotiators can be of produce reductions

· You need to scan the best firms to extract the best possible package

· The minimum amount is ten thousand dollars but this is not sufficient to produce large percentages. People who have larger unpaid amounts are more fortunate.

· You need to talk to the negotiators in the right manner

Every consultant does not provide legal services debt settlement negotiations

You will notice that a lot of people do not consider debt settlement negotiations due to the risk involved. The biggest problem is facing scam. Nobody is interested in being robbed. Hence, instead of losing money, loan takers prefer to pay their actual payments and maintain a healthy credit score.

What is the best way to find a legal firm?

· Using the highest rated online resources

· Relief networks

· Professional counselors and legal attorneys

It is easy to go online but it is very hard to find the right resources. Some settlement companies are rated high because they use optimization techniques. These firms do not perform well. You need to perform a detailed research about firms. Have a look at the success percentage. The number of cases taken by a firm does not matter. However, the percentages produced in these cases make a difference. If a firm has produced an average elimination of sixty percent, it is worth hiring.

How to Negotiate Debt – Advice on How to Settle Unsecured Debts

Many people who get into serious debt appear to do nothing about it, which can just makes matters worse. This inactivity is usually just to do with a lack of understanding about the best ways to deal with debt, though with some people there is also an element of hoping that if you ignore it long enough it might go away. The one thing you can be sure of is that it will not go away, but once you understand what you need to do, you can take steps yourself to become debt free once more.

If you ignore creditors and do not communicate with them, they will fill that vacuum with their own assumptions. In the absence of other information or any kind of relationship, it will be easy for them to assume that you could pay them back if you really wanted to, but are simply choosing to keep the money you owe. So the first thing you need to do is to acknowledge that you have a problem, be up front about the reasons that you are unable to pay, and assure them that you are serious about finding a way to resolve the situation.

When your financial situation gets beyond a certain point, it becomes pretty much impossible to find a way to pay back everything that you owe in full. If your debts are huge and your income small, this equation is unlikely to ever balance out. If you did have a steady income and a reasonable amount of money spare each month to put towards your debts, then you could look at a debt management plan. For many people, however, this is not an option because they cannot afford to keep up the required payments.

In such situations the only option other than bankruptcy is to negotiate settlements with your creditors. Rather than trying to find ways to pay back your debt in full, when you negotiate debt settlements you are trying to get your creditors to agree to write off a large part of what you owe them. Someone who knows how to negotiate debt effectively will normally manage to get well over half your debt wiped out. The flip side is that the remaining amount needs to be paid back relatively quickly, usually in one lump sum or a series of fairly quick payments. The fact that you do not have a large lump sum of cash sitting around for this purpose is not necessarily a problem, as this is usually the situation.

When thinking about how to negotiate debt you essentially have two options for how you move forward. You can either try to undertake the negotiations yourself or use a specialist debt settlement company to do it on your behalf. For UK residents it is worth mentioning that debt settlement companies do not really exist as they do in the US, because there is a formal scheme called an IVA, which is widely used to deal with the same situation. At the end of an IVA your remaining debts are written off, so the end result is the same as debt settlement.

By undertaking the negotiation yourself you save on having to pay any fees to a debt settlement or IVA company, but that is only worthwhile if you manage to get as much written off as they would have. You need to understand that simply trying to persuade a credit card company, for example, to let you off with 60% of what you owe them is not going to work unless you understand the details of how and why they might be prepared to do that.

Understanding how to negotiate debt settlements is about understanding how your creditors treat bad debts. Each company will have a slightly different policy on how they deal with such things, and knowing this is essential to being able to time your negotiations for maximum effect. There are times to ignore calls and offers from creditors and other times when your proposal is most likely to succeed.

It is certainly possible to negotiate deals that are as good as those achieved by the professional debt negotiators once you have a thorough understanding of how to negotiate debt properly. In order to achieve this you need to have a reliable source of information and advice on the debt negotiation process. There are various guides and learning sources available, but not all are of much real use. What you need is detailed advice from someone who understands the process inside out. A good guide should tell you when to call, what to say, when to write, what to write, and give you full step by step instructions. The best guides on how to negotiate debt are proper learning tools that even include one to one advice and ongoing support throughout your settlement process.

The alternative is to use a specialist company to negotiate debt settlements for you, for which they will take a percentage of what they manage to save. Going down this route is obviously much easier, though you will pocket a bit less of the savings achieved. Do exercise some caution over which company you use, as not all will deliver what they promise. It is best to follow recommendations for settlement companies that are known to be reliable and reputable, then approach at least three different ones.