Question

Topic: Strategy

Making A Sales Record

Posted by sanjay.bahl on 250 Points
A Epoxy floor is a concrete floor coated with a polymer material to become wear resitant , tough...generally done in Industries.

We are a distributor of epoxy flooring company.
we wish to target a Industrial area for selling epoxy flooring.This Industrial area has companies working in the same business domain and have similar flooring needs,
Our rates for flooring are high compared to local competitors.
we can offer a sandblasting machine and a spray machine , which will result in very good flooring and rapid work. which the others will find it difficult to offer. because these machines are capital equipment and they only prove viable when the flooring area is considerable.

The idea is to convince 20,30..as many as possible .such companies to get their floor done through us and get our quality and speed at an economical price.

the question is how do market the concept to all ?
how do we generate every bodies interest? and signup thier names on a list.
how do we ensure people dont back out at a later stage?


your valuable suggestions, comments, ideas are requested.

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RESPONSES

  • Posted by CarolBlaha on Member
    First, please clarify. First you say your price is higher than competitors, then you say you have economical price.

    You aren't going to sell 20, 30 etc by any type of mass marketing. You are going to have to do basic sales work.

    While an epoxy floor has it's merits, selling this to an industrial area as a whole, will be a hard sell. They will be hard to see the value and cost justification over plain or stained, sealed concrete.

    I think you'd be better served by niches. The niches that understand this are retail, medical, education, and biotechnology. I recently talked to someone in this field who is making most his living in the repair and maintanence of this floor to big box retailers. They have contracts for initial install, but those initial companies are not local and thus, unable to upkeep.

    The A/D community will help you get into the bid process to get new construction projects.

    As far as them "backing out", buyers remorse is part of the sales process. There is no single way to "guarantee" they won't try to back out. So plan for it, expect it, and don't be thrown for a loop by it. Keep them on track and your order intact. Once you get an order, get the job done quickly. Time erodes a sale.
  • Posted by sanjay.bahl on Author
    Thanks CarolBlaha
    for your reply by economical i mean to say is to bring down the price if group buying takes place.
    The niche here is automotive companies
    but the difficulty is most customers judge by prices when it comes to floors?

    Thanks PhilGrisolia4Results

    you mention 'professionally prepared series of marketing efforts' -can you please elaborate...i have a directory of all companies, should i send them a mailer, another idea is to go door to door ...(i will be accompanied by two team members) and speak to them?
  • Posted by CarolBlaha on Accepted
    As someone from the flooring industry on the wholesale, retail and the technical support end-- price is not always the deciding factor. I have never worked for the low price leader and when I have sold a product on price alone, I have failed. In fact, I have been so bold as to tell a clustomer if price is your only deciding factor, I am not your girl. Then in the next breath, I tell them that I will education them on why they will be spending more.

    Sending a flyer will be a waste of time and resource. You will have to make f2f contact with them. Doing a sales call blitz would be the first step, but realize this first contact will be just a step in the right direction. Even if you merely get the name of the right contact is a step in the right direction.

  • Posted by sanjay.bahl on Author
    Thanks CarolBlaha appreciate it.

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