» Top Down Selling Tips to Increase Your Bottom Line

June-Webinar_Top-Down-Selling-to-Increase-Your-Bottom-Line_TileWebinar recap!

When it comes to running your business, it is best to try to work smarter, not harder. This attitude doesn’t just apply to your services – it also applies to your sales process! In this month’s webinar for premium members, WeddingWire Education Guru Alan Berg shared his tips for leveraging top down selling opportunities to help boost your bottom line.

Check out some key take aways below, and watch the full session in the Education tab of your WeddingWire account any time!

Webinar highlights:

  • When it comes to your services and packages, more choice is not always better! More options can be overwhelming. It’s best to keep your services concise, clear and presented from highest to lowest in package form.
  • The three simple ways to earn more money are to focus on higher volume, set a higher average sale, or a combination of both. By getting to know the client needs, and effectively setting your prices, you will be on a path to more revenue.
  • Set the goal to not oversell or undersell for each client. How do you accomplish this? Focus on finding out their interest and needs and trying to sell them the service they want (not what you would want!), avoiding pre-judging any client needs, and selling packages vs. a-la-carte services as much as possible.
  • Work to establish three key packages to keep choices limited and services consistent. Three packages will give your clients enough choice without overwhelming them with options. Consider creating a top of the line package, a standard “featured” package with your most popular services as a medium price point, and a good but more basic package. Then, once the package is selected, allow for add-ons and customization as you see fit.
  • Top down selling works by assuming the higher sale. A higher sale means more work and profits for your business. When consulting with clients, listen to their needs then politely show them your most exclusive offer first, and gauge their reaction. Never start with focusing on your lowest package or you could miss a great up-sell opportunity. After all, no one is ever offended by being presented the best you have to offer!

Sign up for our monthly webinars for more great education, and visit the Past Webinars section within your WeddingWire account for all previous sessions on a wide variety of topics.