The 3 Sales Mistakes Holding Back Small Business Owners (And How to Fix Them)
How up to speed do you reckon SME business owners are when it comes to driving sales in today’s economy? Let’s be honest—it’s a skill every business owner needs to master. Yet, I keep hearing the same three challenges popping up over and over again.
1. Over-Reliance on Passive Word-of-Mouth
A lot of business owners are just sitting back, waiting for the phone to ring. And when it does? Great, things are moving. But when it’s quiet, they just chalk it up to “a tough economy.”
Relying purely on word-of-mouth is a recipe for inconsistency. We know there are so many proactive things you can do to keep that phone ringing, yet too many business owners aren’t taking control of their lead generation. If you’re sitting around waiting, it’s no wonder sales are stalling.
2. No Basic Sales System in Place
Here’s a typical scenario: a customer asks, “Do you have X to fix my Y?” The business owner says, “Yep, here’s a quote.” And then what happens? The customer shops around, compares prices, and leaves the owner hanging.
The problem? There’s no structured sales process to move that prospect from inquiry to conversion. Information’s being given away for free, and the owner has no idea if they’ll land the sale. Without a solid sales system, it’s just too easy to lose out on potential business.
3. Paying for Leads Without a Follow-Up System
Many business owners think the solution to getting more sales is to hire a digital marketer to generate leads. Sure, that can work, but here’s the catch—it’s not the marketer’s job to make sure those leads convert into dollars in your bank.
Without a proper follow-up system, leads will slip through the cracks. You end up paying for those leads and the campaigns that drive them, but without a follow-up strategy, you’re just wasting money.
It’s not enough to just bring leads in—you need to nurture them, follow up, and turn them into paying customers.
I don’t know about you, but when I hear about a business challenge, I can’t help but dive in and figure out how to tackle it head-on. That’s the kind of work that really fires me up, and it’s what we’re all about. If you’re someone who gets excited by the thought of solving real business problems, then we should definitely connect.