The customer acquisition process in iron and steel stores is quite different from that in traditional retail. For customers to be successful, whether for small renovations or larger projects, they need in-depth knowledge of the material and its applications. The best approach to this is consultative selling.
This process offers a series of advantages for your store, both in customer acquisition with greater potential in terms of general public satisfaction. In the long term, this strategy brings many more opportunities for development and growth for your establishment.
Learn more about consultative selling, its benefits for iron and steel stores, and how to best implement this approach.
As the name suggests, consultative selling is a customer acquisition strategy in which the salesperson also acts as a consultant, offering tips and answering questions from the audience before offering a product or service. This allows them to identify each lead's real pain points, offering the ideal solution, and dedicating more time to those with the greatest potential to become customers.
Unlike traditional stores, where customers search for products on their own, this sales model follows a more proactive process. Even when customers make their first contact, the salesperson takes the initiative to learn more about the customer and better understand their needs. This is all to ensure maximum customer satisfaction.
This method is particularly well-suited to the iron and steel product trade. Here, the customer has a better chance of finding the ideal material for their project, providing greater security and satisfaction.
Adopt consultative selling as the main strategy for your iron and steel store brings a series of benefits. See here how this method can positively impact your company.
First, it's important to emphasize that the purpose of this strategy is to improve the customer's chances of finding exactly what they need. The success of your sale is directly related to your audience's success using your product.
By following this method, the salesperson dedicates more time and resources to learning about the customer and their needs: how the product should be applied, potential long-term implications, and other factors. Based on this, it's possible to pinpoint the ideal product for each case.
As you probably already know in your iron and steel shop, closing a sale isn't the end of the process. On the contrary, the goal is to maintain a long-term relationship with the customer, so they'll return in the future and contribute to your business again. sales cycle.
Consultative selling plays an important role in building this relationship. First, to encourage a customer to return, they need to leave satisfied after their first purchase—which, as we mentioned, is easier to achieve with this process.
Furthermore, during the sale, the professional maintains longer contact with the customer, asking questions and learning about their needs. This promotes a more positive image of your business, which influences customer loyalty.
Iron and steel are not easy materials to purchase. Both have different compositions and shapes, which directly impact their applications. Therefore, it's common for the public to have several questions and objections at the time of purchase.
In this context, the sales consultant plays an even more important role. A professional with knowledge of the product to be used and the buyer's needs is prepared to find the ideal solution for their needs.
There are cases where the customer already has a lot of knowledge, but that doesn't mean consultative selling is unnecessary. On the contrary, this assistance is even more effective in finding the right product.
When we think about sales, the focus is always on acquiring valuable customers. However, it's equally important to know which leads to avoid in your base. After all, providing an inadequate solution for a customer's needs also negatively impacts your ability to meet their needs.
The consultative selling process not only helps you find the leads with the highest potential, but also filters out those whose needs you can't meet. This way, you can focus your efforts on those who bring the best return for your business.
To ensure success, consultative selling follows a series of steps. Each one plays an important role in ensuring customer success and improving your chances of closing a successful sale.
Follow and understand how this process works.
Before beginning to explore potential sales opportunities, it's crucial that the sales consultant thoroughly understands your iron and steel store's products. This includes the different types of parts, material variations, supply capacity, and other factors that can impact customer success.
Even basic aspects, such as the applications of the galvanized steel or different types of steel cutting, can make all the difference when answering a customer's questions. The more information a salesperson has at their disposal, the greater their chance of closing a good sale immediately.
As mentioned, much of consultative selling is done proactively, meaning the salesperson contacts potential customers themselves. This isn't always the case in your iron and steel shop, but it's also a method that should be considered during your strategic planning.
In the case of B2B sales, you can contact other businesses that use this material in their services. This way, you can identify which of them may be most interested in the resources you have to offer. It's also a way to deal with seasonality, looking for customers when there is greater demand in the market.
This is the point at which the seller makes a market research and learn more about the lead, learning more about their needs and how your products can offer a solution. This can be done even before making the first direct contact with this potential customer.
Still, it's important to start talking to this lead as soon as possible so you can get more direct information. The salesperson should first focus on listening to their pain points, so they can fully understand their problems and how to solve them. Once these factors are established, the salesperson can take further steps to move forward with the sale.
One of the first barriers a sales consultant must overcome to closing a deal is the client's lack of knowledge. As mentioned, some buyers are well-versed in the properties of these materials, but most require guidance before finding the ideal product for their needs.
At this point, the most important thing is to address each customer's concerns. Answer their questions patiently and provide relevant information. By the end of these conversations, the lead should be able to identify which products they need and how they fit their needs.
With the lead qualified, the next step is to present the product itself. Based on all the information gathered so far, the sales consultant should be able to identify the right materials, their variations, and in what quantities. This is all they need to make a proposal.
Remember, it's not yet time to negotiate the sale itself, but rather to present the right product as a solution to their pain points. You may need to answer a few more questions before proceeding, but nothing too complex. After all, the lead already knows enough to make their purchasing decision.
Once the lead recognizes the product as the solution they need, the next step is to negotiate. Here, you want to ensure the customer leaves as satisfied as possible, while still ensuring a good return on the sale of the material. This should take into account not only the product itself, but also the sales volume, transportation, and... steel storage.
To ensure your success, it is worth adopting some negotiation techniquesIt's important not to rush this step, as it directly impacts customer satisfaction. Overly pushy salespeople tend to have the opposite effect.
If the negotiation process was successful, you shouldn't have any trouble closing the sale. It's just a matter of dealing with the necessary paperwork, signing contracts, sending invoices, and ensuring that all necessary procedures were followed correctly.
It's still important to maintain open communication with the customer, at least until they receive the requested product. After all, even after the sale is complete, your store still needs to handle the delivery process. For larger orders, this includes transporting the material to its destination.
As we've already mentioned, the sales process shouldn't end when the customer receives the product. After-sales service is just as important as the initial contact, as it influences your chances of customer loyalty. This is essential for promoting the long-term growth and improvement of your business.
To achieve this, it's important to maintain contact with the customer after the order is completed. Asking if the product met expectations is a good starting point, as it reaffirms the importance of your sale. Don't forget to also sales control to identify customers who should receive your contact in the near future.
If you want to achieve high sales performance of your iron and steel store, then you need to adopt consultative selling as part of your strategy. Here are some guidelines to help you.
If you handle large-volume orders in your iron and steel shop, you should already have a sales team prepared to serve the public. However, this doesn't mean everyone is ready to work as a sales consultant. Before that, you should invest in training to better adapt to this methodology.
In addition to product and store knowledge, sales associates are also prepared to learn more about the customer, whether through direct conversation or external research. Otherwise, you could lose several customers to competition.
Make a strategic sales management is also essential to ensuring the success of consultative sales. After all, your goal isn't just to close a sale, but to ensure that each customer is loyal at the end of the process.
To achieve this, you need to invest in management tools, such as CRM, but also monitor your relationship with each customer. This way, your team will immediately know which leads have the greatest potential, what stage of service they're at, and how to approach each one to maximize their satisfaction.
Another change that can significantly contribute to the success of consultative selling is personalizing the service process. Instead of always following the same script or protocol, your team should be ready to adapt and respond to customer questions.
This flexibility allows the salesperson to better explore each lead's needs and find more appropriate solutions. For example, instead of limiting yourself to a single product package, the ideal is to adjust the volume to best fit each buyer's needs.
Consultative selling is an approach with significant potential, especially in the iron and steel market, which deals with highly complex products. Above all, it's a tool for building trust between the business and the customer, making future sales more efficient. The more satisfied the customer is, the easier it is to maintain that connection.
Want to continue improving your processes and boost profitability in your iron and steel shop? Then check out our complete guide to sales!