QUILIFYING THE CLIENT FOR THE PROPER PRODUCT OR SERVICE

Buyer's remorse, ever heard of that phrase? It usually is found in situations where someone has bought a product that may not have been needed or sufficient in the goal they set out to purchase. Too much, not enough, too large, too small, too expensive, doesn't fulfill what I need it to. Fact of the matter is, your client won’t be satisfied with your purchase as well as never return to the location again for a product. Did you know that it costs more than five times as much to get a new customer then it is to maintain an existing one? Point being is it is not important just selling your product at all costs but more importantly selling the right product that fits the needs of the client. Learning from the client and developing a personal relationship is important to gain knowledge of their actual intentions. The client may be interested in product "A" however, by learning more about them and what they do you may be able to enlighten them that product "B" also provides them with a second need they have to resolve as well as being more cost effective. Without proper appraisal of the client’s needs, that second need would have never been fulfilled and he may think twice where to go next time he is in need of a product or service. Qualifying the client will lead to a successful product or service for them, and will ultimately lead to further business for you.

A breath of fresh spring air

Today was a very good day in health care policy. The U.S. Senate cleared repeal of the much-hated expanded Form 1099 reporting requirement (passed in health reform). H.R. 4 will now go directly to the President for his expected signature … Continue reading

Restaurant News Bites: McDonald’s, Sbarro, McCormick & Schmick’s

McDonald’s is holding a national hiring event to bring in as many as 50,000 new part time and full time workers at nearly 14,000 franchise locations. The event will occur on April 18th and the new employees will cost the … Continue reading

Cafe Rio Mexican Grill Eyes East Coast Expansion

After conquering the restaurant industry’s Oscar equivalent as number one in the nation, Cafe Rio Mexican Grill sets its sights on a new challenge: making a presence on the East Coast. Cafe Rio Mexican Grill will be opening its very … Continue reading

McDonald’s aims at job creation, consumer spending with new hiring initiative

In January, President Obama emphasized the role of retail in job creation during his State of the Union – and retailers heard the call to action loud and clear. As the industry closest to the consumer, it’s no surprise retailer … Continue reading

In January, President Obama emphasized the role of retail in job creation during his State of the Union – and retailers heard the call to action loud and clear. As the industry closest to the consumer, it’s no surprise retailer and restaurant leaders are the first in line to facilitate an economic comeback.

In recent months, we’ve seen retailers like Gap and Macy’s answer the call. And now McDonald’s will join other industry brands in doing what they can to foster job creation.

As one of America’s favorite fast food restaurants and a supplier of nearly 400,000 jobs in the U.S., McDonald’s has announced plans to hire 50,000 new employees in April – a feat that the company is hoping will spur economic growth nationwide. According to McDonald’s, the April 19 National Hiring Day investment will generate more than $1.3 billion in consumer spending. And that breaks down to quite an impact to our nation’s local communities. State and local economies can expect to see the expected revenue from this initiative translate into an additional increase in spending as follows: