Simple advice on
how to reach the
SMB market
By Marty Bauerlein
Vice President, Sales
Tech Data Corporation
If you remember nothing more from
this article, remember that SMB isn’t
enterprise lite. More often than not, you’ll be working with the business owner, and they don’t
typically think the same way the CEO of a large corporation
does. Mainly, the two most precious assets to a small business
owner are time and money. Your goal is to generate more of
both by developing a trusting relationship with him or her by
demonstrating how your solutions—and your support—can help
them accomplish their goals.
Stay Away From Overselling
To really delve into the mind of the small business owner, get
involved in their communities. Spend time at local mixers for
entrepreneurs. Learn what makes them tick, what keeps them up
at night and what they believe makes a vendor stand out above the
crowd. Join a few small business groups from Meetup or Facebook.
View this as research that will fuel your understanding of your
customer base and ultimately deliver larger profits for both you
and them.
As you learn the small business mindset, you’ll notice that they’re
generally slow adopters of new technologies. When they do make
investments, they seek solutions that will give them immediate
results. That doesn’t mean small businesses are closed-minded to
change and new endeavors.
Owning a small business is a risk-taking endeavor. These owners
just need to be genuinely convinced that the product or solution
you’re selling will bring greater productivity and profit margins.
Asking questions and really listening to
their needs will help mitigate their concerns
and set them up to hear your proposed
solution.
Stay Away From Overselling
As you begin to gain trust, don’t lose sight
of your ultimate goal: bulding a long-term
relationship. Don’t become so fixated on
selling the latest technology, getting the
highest margin or pushing the product
of the quarter. Small business owners will
see right through this approach. Instead,
remember that lower-priced items can add
up to large sales in the future. On that
note, no matter how small the sale, always
remember to respond to calls in a timely
fashion. If customers don’t know how
to use a product, take the time to show
them, follow up and make sure everything
is working properly. Stop by a few weeks
after the install to check on things. Why?
The product may be running smoothly,
the customer may not have any issues, but
seeing you stop by just to see how things
are going will reassure them that you are
the reseller to stay with for the long haul.
Speak Their Language
Speaking to their needs is important, but
to build real trust with your customer, it’s
imperative that you speak their language.
Generational differences can be a big
factor in how you communicate. If your
contact is a Radio Baby or a Baby Boomer
(meaning they were born before 1965),
it’s understandable that they’d appreciate,
or even require, conventional methods
of communication: letters, phone calls,
face-to-face meetings and, maybe, e-mails.
Generation X and younger (those born
after 1965) will probably be more apt
to communicate via social networking
and text messaging. Also, make sure you
understand their business and reference its
details in your communications.
Now, you’re at the fourth and final
step! This step helps you identify
the part number and gives you a
price based on the product
version, the number of seats you plan to
license and other options. With this
information, you’re just one click away
from adding the software part number to
your shopping cart.
Once you know how to speak their
language, position yourself as an ally. Your
goal is to be the first one they call when
they need something. With SMBs, you
need to work hard to gain their trust and
even harder to keep it. Remember their
names, the names of their children and
grandchildren, and remember any business
problems or challenges they told you about.
Be More Than A
Solution Provider
SMBs require relationships. Sometimes
this may feel a bit like hand holding, but
continual contact, reassurance and proof
of performance will make this customer
look at you as a confidant and, ultimately,
even as a friend. This is a relationship step
you want because it makes you more than
a VAR. If your customers invite you to
dinner or a cocktail reception, you should
go. This is a networking opportunity and
a relationship builder. If you communicate
with your customers on their terms and in
their language, prove yourself worthy, and
deliver what you promise, you’ll be able to
build a lasting relationship that will make
you the first one they call when they need
something.
Working with SMBs requires getting to
know the minds of small business owners
and building relationships with them.
Communicate using their preferred
medium, know their needs and follow
through. If you do this, they will love
you. Word will spread quickly and your
business will boom. Remember, SMB is not
enterprise lite. It’s not just about the big
sale. It’s about the bigger picture.
About the Author
Marty Bauerlein is Tech Data’s Vice President, Central/
West Sales. Marty has been with Tech Data for 5
years and has 12 years of distribution channel sales
experience.
|