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Tentenso  News
Concerned about the latest news of Tentenso, understand the latest achievements of foreign trade intelligence
First Impressions: A Novice's Guide to Preparing for Customer Development Meetings
In your first encounter, preparation is key when delving into customer development meetings as a newcomer. Let's explore the essential steps to ensure a successful initial meeting with a potential client. Set Clear Objectives: Begin by defining the goals of the meeting. Whether seeking feedback on your products or understanding specific needs and expectations, having clear objectives helps guide the conversation. Gather Relevant Materials: Prepare essential materials, such as company introductions, product overviews, and case studies. These materials aid in understanding client needs, providing valuable solutions, and establishing a solid foundation for future discussions. Build Trust: Establishing trust is crucial in initial meetings. Introduce yourself, inquire about the client's perspectives on your products, and share relevant work experiences to create a foundation of trust. Choose Appropriate Topics: Select relevant topics for discussion, such as product-related matters, lifestyle inquiries, or hobby-related questions. Choosing suitable topics helps build a connection with the client and enhances their understanding of your company and products. Prepare Thoughtful Questions: Craft thoughtful questions to understand the client's views on your products and services, covering features, market conditions, and competitors. Asking questions effectively uncovers client needs, setting the stage for future sales assistance. Take Notes: Have a note-taking system in place to record meeting details and client feedback, including minutes, product presentations, and case analyses. This information aids in a better understanding of client needs and facilitates improved solutions. Manage Time Effectively: Control the duration and topics of the meeting. Both overly lengthy and excessively brief discussions can impact the effectiveness of the conversation and client satisfaction. Aim for a balanced conversation lasting around 30 minutes. Conclusion: With thorough preparation, a novice can project a professional image, showcasing attentiveness to client needs in initial customer development meetings. This groundwork is essential for establishing a strong foundation and fostering successful future collaborations.
24/03/18
Building a Solid Foundation for Customer Development in Three Steps
Creating a robust foundation for customer development requires a clear understanding of three essential steps: identifying the target audience, selecting development tools, and maintaining ongoing interaction. Identify the Target Audience ① Identify potential customers: Understand their business, goals, and budget to ensure targeted marketing activities and decisions. Comprehend their needs, pain points, and expectations, research the target market, and identify groups most likely to be interested in your product or service. ② Understand geographical areas and behavioral patterns of different customers: This aids in better targeting marketing activities, improving efficiency, and increasing outreach. ③ Craft precise marketing messages: Based on an understanding of the target audience, create marketing messages that align with customer interests and needs to enhance conversion rates. Choose Development Tools ① Email marketing: Email remains one of the most effective ways to establish relationships with potential customers. Regularly send valuable information to maintain connections. ② Social media: Utilize social media platforms to reach a large number of potential customers. Engage in brand promotion, share valuable content, and interact with potential customers. ③ Phone and in-person communication: For certain industries, phone or face-to-face communication is the best way to build relationships, especially in specific target markets. Sustain Ongoing Interaction ① Create valuable content: Regularly provide potential customers with valuable information to showcase professionalism and attention to customer needs, including newsletters, educational resources, and industry trend analyses. ② Respond promptly: Maintain focus on potential customers and respond promptly. If they have questions or concerns, strive to reply as soon as possible. ③ Engage in communities and events: Participation in relevant communities or events can increase personal connections with potential customers and provide opportunities for direct interaction. Combining these three steps can achieve optimal results in customer development. Additionally, patience and perseverance are crucial for success.
25/03/25
Reasons and Solutions for Customer Non-Response After Receiving Samples in Foreign Trade Business
In the realm of foreign trade, encountering various issues is inevitable. One common challenge is the lack of response from customers after they receive samples. In this blog post, we'll explore real-world scenarios and provide practical solutions to address such situations. Case 1: Q: Why is the customer not responding after receiving the samples? A: Non-response from customers can stem from various reasons, such as ongoing confirmation processes, canceled orders, changes in procurement plans, or, in the worst case, placing the order with another supplier. Consistent follow-up and communication are essential to understanding the situation. Case 2: Q: A customer from Pakistan requests samples but refuses to pay for shipping, citing quality testing. How to handle this? A: If the provided address is that of inspection agencies like BV or SGS in Pakistan, where the product is to be sent directly to the laboratory, covering the shipping cost is acceptable. However, if the products are shipped to the customer's company, the customer should provide a collect account for shipping charges. Case 3: Q: As a trading company venturing into exporting fur products, seeking a market analysis report and evaluation steps. How to proceed? A: The essence of a successful supply chain lies in understanding the "soft three dollars," meaning the price difference between production cost and the final consumer price. Focus on adding value within this margin. Additionally, conduct a comprehensive study based on your specific circumstances. Case 4: Q: A client previously handled by a departed colleague is not getting responses during the transition. How to follow up? A: Call the client, inform them of the transition, express your willingness to assist, and invite them for a meeting. Summarize these points in a formal email for documentation and resend. Case 5: Q: Promising discussions with potential clients at a trade fair, but no response to follow-up emails. What to do? A: It's normal; continue following up with patience. If there's still no response, consider making a follow-up phone call to understand the situation. Case 6: Q: Factory delays delivery due to product issues. How to communicate with the customer? A: Apologize sincerely, avoid excessive explanations, and assure the customer that efforts will be made to resolve the issue, even considering expedited shipping if necessary. Case 7: Q: A Georgian customer claims our prices are high after placing an order. How to handle this? A: Continue negotiations until a mutual agreement is reached, then provide a revised Proforma Invoice reflecting the agreed terms. Case 8: Q: Customer perceives us as inexperienced and unprofessional. How to address this? A: Take this feedback seriously, invest time in mastering product knowledge, improve communication skills, and demonstrate professionalism in all aspects of the business to regain the customer's trust. Note: Source from the internet, subject to removal upon request.
25/03/25
Solutions to Common Issues in Foreign Trade Business
Navigating challenges in foreign trade requires effective problem-solving strategies. Here, we explore solutions to real-world scenarios commonly encountered in the industry. Case 1: Q: The customer's offered price is too low despite our high-quality, certified products. How to handle this situation? A: ① Investigate the actual product cost for a better understanding. ② Communicate effectively, appealing to buyers who value quality. ③ If the price is genuinely high, seek customers with the capability to make the purchase. Case 2: Q: A customer inquired about the price of telephone wires with lower-quality requirements. How to proceed when specific details are hard to obtain? A: Provide ready-made solutions based on the general framework. Await customer feedback and adjust accordingly, as acquiring detailed information upfront can complicate the process. Case 3: Q: A customer finds our faucet prices too high despite the CE certification and quality assurance. How to address this perception? A: Determine if the entire pricing structure is the issue or if specific products are priced high. Offer samples to demonstrate quality. Identify target customers and market demands for high-quality products like faucets. Case 4: Q: How to inquire why a customer chose another supplier without receiving a response? A: Avoid directly asking customers this question as it might be challenging for them to answer. Cooperation is more likely if the customer feels comfortable. Case 5: Q: A customer has been inquiring about products via email for over a month without placing an order despite a low price. What could be the reason? A: Possible reasons include changes in the customer's plans, market fluctuations, or personal/busy schedules. If emails are unanswered, consider calling to understand the situation. Case 6: Q: After sending a product list and quotation, the customer hasn't responded. What should be done? A: Recommend popular products and inquire about the customer's preferences to stimulate communication and understanding. Case 7: Q: After quoting, the customer expressed interest in purchasing but stopped responding after I mentioned a $100 sample fee. What should I do? A: Consider bearing the sample fee to facilitate the process. Collaboration often involves some investment. Case 8: Q: The customer, after agreeing to receive samples, suddenly expresses mistrust and lack of understanding. How to proceed? A: Follow up with a phone call to understand the situation. It could be a decision to discontinue the project or a misunderstanding during negotiations. Case 9: Q: Dealing with second and third-generation Chinese clients in Southeast Asia – any tips? A: Communicate openly with Southeast Asian clients, especially those of Chinese descent, as cultural similarities make understanding needs and concerns easier. Source: Adapted from online content, subject to removal upon request.
25/03/25
How to Reengage clients? Strategies for Overcoming Challenges in International Trade
Encountering challenges in international trade is inevitable. However, the key lies in how effectively one can address and overcome these issues. In this article, we will explore various scenarios and provide strategies to resurrect seemingly lost clients. Case 1: Q: Are there tricks to resurrect a client? A: The approach depends on the specific situation. If a previous collaboration failed due to quality issues, rebuilding trust is crucial. Communication is key; recommend new products and encourage a trial order. Consider flexible payment terms, such as O/A, and offer a 2% service compensation charge for post-sales support. Case 2: Q: The client paid for the first sample and now requests a second one. How to handle it? A: If the client has paid for the initial sample, offering the second one for free demonstrates goodwill and may increase the chances of securing the deal. Case 3: Q: How to quote for DDP (Delivered Duty Paid) when the client requests tax-inclusive delivery? A: Calculate related costs with a freight forwarder, add them to the product cost, and allocate the total to each unit for the DDP unit price. Include an additional 3% for estimated risks. Case 4: Q: A client expressed interest, and visited China, but is now unresponsive. How to respond? A: Ideally, meet the client in person or send samples. If not feasible, mail samples and provide a quote. Face-to-face interaction or direct communication is crucial to assess the client's sincerity. Case 5: Q: A client discussed payment terms but went silent after mentioning a bank guarantee. How to respond? A: Research the topic or ask for clarification before responding. If unsure, suggest alternative options. Avoid admitting lack of knowledge outright; instead, provide thoughtful responses. Case 6: Q: A client, initially satisfied with quality, went silent after price fluctuations. How to reconnect? A: Inquire persistently and, if needed, directly ask for the reasons behind the silence. Thoroughly investigate to understand the specific concerns and address them. Case 7: Q: A client requested a quote after product inquiries but is now unresponsive. How to proceed? A: Follow up to understand any issues with the proposed delivery time or changes in the client's procurement plan. If emails go unanswered, call to determine the actual reasons for the silence. Case 8: Q: The client drastically reduced the offered price without responding to quality explanations. How to negotiate? A: Don't dismiss the possibility outright; research on-site if necessary. Acknowledge China's diminishing price advantage but evaluate the client's price system. If incompatible, consider seeking other clients within your price range. Case 9: Q: The client refuses to bear sample and shipping costs. How to handle this? A: For new clients, insist on covering shipping costs, while established clients might be exempt. Demonstrating mutual commitment through shared costs is fundamental to building a cooperative relationship. Note: This article is adapted from online sources, and any infringement concerns will be promptly addressed
25/03/25
Dealing with Customer's Continuous Concerns About Higher Prices Compared to Other Suppliers
Dealing with Customers Continuously Mentioning Higher Prices Compared to Other Suppliers in Foreign Trade Case 1 Q: After providing a quote to a customer who responded that my prices are 15 points higher compared to others, I replied by expressing the intent to secure the best discount. What should I do next? A: Send another email to inquire about the customer's intentions and their target price. If there is a response, provide a targeted explanation of why your product's price may be higher, highlighting its unique features. Offer the best possible discount. Case 2 Q: After several emails about an old product with no response, should I send a quote for a different style? A: Yes, engage with the customer and try to understand their needs better. Building trust through consistent communication is essential in the business process. Patience is key; successful business relationships are often long-term. Case 3 Q: A potential overseas agent expressed interest without signing an agreement. How should I respond? A: Continue the conversation, as the customer might be gauging the market before committing. Understand their plans and expectations. Even if an agreement isn't reached immediately, the experience gained from the interaction can be valuable for future opportunities. Case 4 Q: Customer decided to choose another product; should I still follow up? A: Yes, follow up sincerely and ask for feedback on areas where improvement is needed. If there is no response, consider calling the customer to understand the reasons behind their decision. Case 5 Q: After initial email exchanges, the customer stopped responding. What should I do? A: Evaluate the customer's response; if it's a clear rejection, respect it. If there are concerns or questions, address them promptly. Continued communication increases the likelihood of securing an order. Case 6 Q: Customer consistently mentions our prices are higher than competitors. What should I do? A: Analyze the customer and adjust strategies accordingly. If their company values quality and is in the mid to high-end market, explain the reasons behind the pricing. Be flexible, adjust non-critical parameters, and consider offering a slight price reduction if feasible. Case 7 Q: Extensive communication with a Russian customer ended due to price issues. How should I proceed? A: Communicate the lowest possible price you can offer. If the customer still finds it unacceptable, acknowledge the situation and move forward. Case 8 Q: A Pakistani customer inquired about various products but became unresponsive. Recently, they sent a form with more product inquiries. Should I continue the conversation? A: Respond patiently to the customer's inquiries. If the customer is actively seeking information, provide detailed responses. Building relationships may take time, and consistent engagement can eventually lead to securing an order. Case 9 Q: How to respond to vague requests for a quote? A: Focus on recommending a few key products rather than providing quotes for all. Cover a range of price points and express readiness to provide information on other products if the customer has specific interests. Source: Internet - Subject to removal upon request
25/03/25
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