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April 2008

In This Issue:

Four Strategies To Increase Sales and Profit

 

Strategic Partnership

 

$250 for 2 Minutes

 

Tech Tips

 

Meet Our Staff

 

Stimulus Bill

 

Customer Summit 2008

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Referral Program

 

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Four Strategies To Increase Sales and Profit
Bob Janet

We all know the customer is the most important person in our business, but sometimes we forget that the second most important person in the business is any staff member that comes in contact with the customer in anyway. The staff member that deals with the customer face-to-face is the person who represents the business in the customers mind. If that representation is not a great experience for the customer, the business suffers.

To out-service the competition, each contact with the customer must be part of a great shopping experience. Staying even with the competition is never good enough. Exemplary customer service leads to greater sales and profits. Here are four things to remember.

1. Treat Every Customer Like a Millionaire. Think of it this way: If you knew the next customer to come through your front door was a millionaire, capable and ready to purchase your most expensive products and services, at your highest markups, how would you treat them? Most of us would role out the red carpet, fall all over them with great service, and spare no effort to satisfy their ever need and want.

You never know if that next customer is a millionaire. For the most part, millionaires do not look, dress or sound different than everyone else. Even if that customer is not a millionaire, people will buy more products and services when they get treated like one.

2. Get the customer involved in the sale. When I owned and operated a jewelry store, we outsold all of our competition by simply getting as many different pieces of jewelry on the customer as possible. When women came into our store we strived to get her to try on a necklace, earrings, bracelets, rings, and pins all at the same time. Follow the old seller's rule: The more products the customer views themselves as owning, the more they will buy. Possession becomes ownership.

In our tire business, we involved the customer by having them lift the tires, not just look at them as our competition did. We outsold all of our tire competition. Our furniture business was successful because we involved the customer in the sale. No one ever walked into my mattress department without lying on at least three of our beds. Even while selling intangibles like extended warranties and service contracts, we involve the customer in the sale. By having them do the math - the cost savings they will receive or expenses they will incur - customers mentally pictured the problems they could have if they didn't purchase the coverage.

3. Give the customer choices of products and services. People always take the easy way out and saying no to a request for them to buy is easier than saying yes. After all, most people do not want to give up their hard-earned money. People like to shop around to make sure they are getting the best deal. When you give the customers a choice of products and services, the question turns to what they can buy from you, not what they can get from the competition.

4. Ask for the sale. It's estimated that over 90% of sales people never actively ask for the sale. Sure they show the products and tell about their services, but they never ask for the sale. That's because they are afraid the customer will say the one terrible word, "no".

Hockey great Wayne Gretzky once said when asked why he shoots the puck so much, "I miss 100% of the shots I do not take." The easiest way to ask for the sale is to constantly give the customers choices of different products and services that will solve his/her problems, needs and wants.

Always remember the number-one rule of selling: The seller that solves the customer's problems, needs and wants will get the sale. Make it easy for your customers to make a buying decision from you.

Bob Janet of Sales Growth Now is a trainer, speaker and author with more than 40 years of experience. He can be reached at 800-286-1203 or at Bob@BobJanet.com. For more information, go to www.bobjanet.com.

Article from Dealerscope  www.dealerscope.com

Advanced Retail Management Systems creates Strategic Partnership with What's Cooking Software


Industry leader for Point of Sales Systems, Advanced Retail Management Systems has created a strategic partnership with Jim Pelichowski at What's Cooking Software. This partnership allows us to exclusively offer:

1. Microsoft Dynamics RMS Point of Sale and Inventory Control functionality integrated with What's Cooking Software meal preparation software

2. Integration of web eCommerce purchases with the Point of Sale solution

3. Integration to Accounting solutions (such as QuickBooks Accounting)

The Meal Prep industry is evolving quickly and so is the software. Forward thinking companies like Meals Made Easy (www.mealsmadeeasy.net) and Thymeout (www.thymeout.com) are experiencing the benefits of using this combined solution removing the "manual paper mess" and allowing them to better serve their customers.

Point of Sale systems are coming down in price and can have a quick return on investment.   Leasing is also available to conserve cash flow.

To learn more, contact Susie Carmen at (800) 305-0461 Ext. 357 or E-mail her at Susie.Carmen@armsys.com  We can help you make your business more successful and profitable!

$250 for 2 Minutes

Receive $250 credit on account or 2 Client Service hours every time you refer a new customer that purchases Microsoft Dynamics RMS. 

Microsoft Dynamics RMS has grown to be the premier Inventory Control / POS software for small to mid-tier retailers. Whether you know a single store or a 100 store chain, Microsoft Dynamics RMS provides the technology for retailers to excel.

Call your sales person today at 800-305-0461 or
click here to complete the form to refer another retailer and start earning valuable rewards! 

Tech Tips  

Customer Accounts

In addition to viewing a selected customer's individual invoices, you can adjust the customer's account information by modifying the debit or credit transaction amounts.

Note: The adjustments are permanent and cannot be undone. The only way to cancel an adjustment is to make another adjustment. Also note that whenever you make an adjustment to the account, the adjustment will not transfer through the General Ledger to accounting.

Meet Our Staff

Hillarie O'Connor, Accounts Receivable/Accounts Payable Specialist

Hillarie has been with Advanced Retail Management Systems in the Accounting Department since May 1st of last year. Prior to joining the team at ARMS she work in the medical field in a similar capacity. A native of Colorado she has seen the home state change over the years and still likes to call it home. When not at work she pursues a number of activities. Her latest activity is kickboxing.


Stimulus bill: Tax breaks for small biz
By
Neil deMause

The key addition affecting small businesses is an expansion of "bonus depreciation," which allows investments in tangible property, computer software, or improvements to leased property to be more speedily depreciated, adding to a business' tax savings. Businesses of all sizes will be allowed to depreciate in this tax year 50% of the cost of an asset put into use in 2008.

Another provision that now becomes law will increase the level of so-called "Section 179" deductions that small businesses can expense instead of depreciate. Initially included in the House of Representatives' stimulus bill, this language allows businesses with up to $800,000 in annual qualifying equipment purchases to deduct investments in any tangible business purchases (not including buildings, but including computer software) of up to $250,000, instead of depreciating them. These caps are increases from the $500,000 annual revenue maximum and $125,000 deduction limit under current law.

Click here to see more on this article

  Advanced Retail Management Systems is excited to announce

 Customer Summit 2008 - Taking Your Business to a Higher Peak.

Thursday June 26th, 2008
Littleton, Colorado.

Join us for a day of workshops designed to enhance your knowledge level of the software you are currently utilizing for Point of Sale/Inventory Control.

 You will also have the opportunity to network with end-users, the ARMS staff and vendors.

 Check your mail for an invitation and additional information.



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