Confirm your terms of trade including your terms of credit. This will minimise the risk of late payment and subsequent cash flow issues. If you do not stop selling, you might talk your prospect out of a sale. Try to find out exactly what aspect of price the customer is unhappy with before deciding how to respond. If an objection is valid, address it and then ask if you have satisfied the customer’s concerns.
Keep in mind that customer loyalty, as well as customer retention, are a key part of maintaining recurring revenue. Consider selling stock photography by either opening your own storefront or selling photos to established stock photo websites like Adobe Stock, iStock, or Shutterstock. Esports and video game streaming platforms like Twitch have opened the door for gamers to gain notoriety—and eventually money—from their talents. The esports industry alone is worth more than $1.5 billion, and a … Read More