googletag.cmd.push(function() { googletag.display('div-gpt-ad-1599240294477-0'); });
Greenworks Hosts Open House, Showcases Robust Lineup

Share On Social

Ideas On How To Handle Inventory Issues

Article By John Chapin

1. Keep in mind that almost all other industries are experiencing the same shortage in inventory. Unless someone is living under a rock, they know this. Simply say, “Joe, as you know, cars, computer chips, every single industry is dealing with inventory issues right now.”

2. Over communicate. If someone is waiting for a machine, reach out to them more often than not, to let them know the status. Even if you don’t know, call people and let them know you don’t know. This let’s people know you haven’t forgotten about them. The last thing you want is someone chasing you down for answers. Be proactive with communication.

3. Under promise, over deliver. If the manufacturer says three months, tell the customer four or even five months. If the manufacturer misses the three month window and it takes six, adjust accordingly.

4. If you know people are going to have to wait long periods to get equipment they order, be proactive and make sure they know this so they can order early. Even if you aren’t sure whether a particular customer will need something, this is a good excuse to reach out and have a conversation.

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1599239852235-0'); });

5. Strengthen your ties with the manufacturers’ reps. Ask them what they need to see from you to make your orders a priority. Show them you have orders.

6. Make more calls because many salespeople are making fewer calls since they don’t want to disappoint a customer who might say they need something that the dealer doesn’t have. This is fear-based communication, or a lack of communication due to fear. If someone wants to buy something, you want to know about it so you can get it ordered. The average salesperson cuts back on calls by 37% when there are disruptions in the market. This is a good time to go get competitive business.

7. Come from a position of strength not weakness. You don’t use the fact that you don’t have inventory of some equipment as an excuse to make fewer calls, in fact use it as an excuse to make more. Why? The human default setting is to get negative and make fewer calls. You need to be a contrarian and take advantage of the fact that most people are probably still backing off right now. Stay positive and increase your calls. You never are better off being negative and making fewer calls, in fact you’re always worse off, and you’re almost always better off doing the opposite or what everyone else is doing.

8. Focus on what you can do, not what you can’t do. One of the first rules of sales is lead with “yes” versus “no.” When someone asks if you have something that is on backorder, instead of saying “no”, you say, “Yes, we have some of those scheduled to come in in six months. We’re taking orders for them now. Follow me and I’ll get some information from you so we can get it set up exactly the way you want it equipped.” Let’s face it, you may eventually have to say “no” if they push you on if you have any at the dealership right now. The point is—lead with what you can do versus what you can’t.

A statue was never built in honor of a critic, the world appreciates positive problem solvers, those that go against the grain, and see the opportunities in a crisis.

John Chapin is a motivational sales speaker, coach, and trainer with over 34 years of sales experience.

Visit www.completeselling.com

Email: [email protected]

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1658431886898-0'); });

Latest News

25th Annual Stihl Tour des Trees Raises $321,000

The 25th annual Stihl Tour des Trees, held July 30-Aug. 5 in Maryland, Virginia and Washington, D.C., was a success! Sixty-six riders — three of them participants in the original Tour in 1992 — and…

Ariens Professional 21 Snow Thrower

Ariens has completely revamped their line of snow throwers, including the Professional 21, a single-stage snow thrower intended for commercial use. Designed for heavy-duty work, and built to be performance-driven and maintenance friendly, the Professional…

Bandit Industries Model ZT1844

The new Bandit Industries Model ZT1844 stump grinder features make it an ideal machine for rental companies or dedicated stump grinding professionals. The Model ZT1844 comes equipped with an 18 in. diameter cutterwheel with Green…

Briggs Expanding Production

Briggs and Stratton Corp. announced a “business optimization program” expanding Vanguard engine production; adding capacity to Ferris output with a new facility; and implementing a new resource planning system and other efficiency improvements. The plan…

OEM Group Challenges North Dakota Law

A trade association and several individual lawn and garden and ag equipment manufacturers are challenging a North Dakota dealer protection law passed earlier this year. The Association of Equipment Manufacturers, along with Agco, CNH Industrial,…

Ariens Power Equipment Names New President

Ariens Co. named Larry Weyers Group President—Ariens Power Equipment, effective September 5, 2017. Weyers will lead all aspects of product development manufacturing supply chain sales and marketing for the business unit including: Ariens Sno-Thro and…

Dixie Chopper Grants Wish

Dakota Barker, a 15 year-old from Lexington, Tenn., is the proud owner of a new Dixie Chopper BlackHawk zero-turn mower that he helped build. The Make-A-Wish Foundation of Ohio, Kentucky and Indiana and Dixie Chopper…

googletag.cmd.push(function() { googletag.display('div-gpt-ad-1508263076017-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1508263123532-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1508263182735-0'); });
googletag.cmd.push(function() { googletag.display('div-gpt-ad-1508263219563-0'); });