Marketing theories such as product life cycles, research and PR are useful, but businesses ultimately need to sell their products/services to succeed.
Important sales approaches in the transport industry include:
Face-to-face selling
Direct mail
Telephone selling
Internet selling
Advertising
Trade fairs and exhibitions
10.1 FACE-TO-FACE SELLING
Particularly important when seeking large contracts.
Large customers may require their service needs to be discussed, analysed, costed and presented.
Sales staff need negotiation and deal-closing skills.
Specialist sales staff should be highly trained and have strong product knowledge and analytical/sales skills.
For large contract negotiations, a special project team may be assembled to handle different aspects of the bid.
Face-to-face selling is expensive and, according to the training material, is mainly suitable for larger projects.
10.2 DIRECT MAIL
Involves sending written information about products/services to potential customers.
Material should be professionally produced and capture the reader’s interest quickly.
It should be targeted at people within customer organisations who can influence purchasing decisions.
Accurate prospect databases and identification of the relevant decision-maker are therefore important.
Direct-mail databases may be developed internally or purchased from specialist organisations.
Direct mail has a low statistical conversion rate, but can still be a cost-effective way of generating new sales.
10.3 TELEPHONE SELLING
Telephone selling is a way of contacting many potential customers quickly.
A business can use its own telesales team or a specialist telesales company.
It is particularly suited to relatively low-value goods and services according to the material.
Its main advantage is the ability to contact a large number of prospects in a relatively short time.
10.4 INTERNET SELLING
Businesses initially used websites mainly to establish a corporate presence.
Businesses then developed online selling, allowing customers to purchase directly.
Once established, internet sales can have very low sales costs because customers come to the business.
For new customers, internet selling generally works best for tangible products rather than services.
Once a relationship exists, the internet can provide a simple and cheap way for customers to order transport services.
The training material identifies social media such as LinkedIn, Facebook and Twitter as versatile and cost-effective ways of reaching target audiences and supporting sales over time.
10.5 ADVERTISING
Advertising can use many media, including newspapers, magazines, television, radio and posters.
Advertising should be targeted.
National television advertising may be too expensive and poorly targeted for many transport companies.
More cost-effective transport-industry advertising may include:
Local newspaper advertising
Trade magazine advertising
Using vehicles as mobile advertising hoardings
10.6 TRADE FAIRS AND EXHIBITIONS
Trade fairs and exhibitions can generate potential customer leads.
They are often organised around particular market segments.
A transport-related business can target events aimed at its desired customer sector.
Example: exhibitions aimed at local authorities can provide a cost-effective way to contact potential customers in that segment.