Selling to The New Elite: Discover the Secret to Winning Over Your Wealthiest Prospects

Selling to The New Elite: Discover the Secret to Winning Over Your Wealthiest Prospects book cover

Selling to The New Elite: Discover the Secret to Winning Over Your Wealthiest Prospects

Author(s): Jim Taylor (Author), Stephen Kraus (Editor), Doug Harrison (Editor)

  • Publisher: Amacom
  • Publication Date: 9 Feb. 2011
  • Edition: Illustrated
  • Language: English
  • Print length: 272 pages
  • ISBN-10: 0814434770
  • ISBN-13: 9780814434772

Book Description

In this practical and fascinating follow-up to their behind-the-scenes look at America’s most powerful and influential class, authors Jim Taylor, Stephen Kraus, and Doug Harrison reveal insights and indispensable techniques to help salespeople and marketers hone in on wealthy customers, pique their interest, and earn their trust–and repeated business. The New Elite leveraged unprecedented research to reveal what motivates the wealthy class, how they think, where they shop, and how they really spend their money. Now, based on studies of elite companies such as Lexus, Chanel, Neiman Marcus, Four Seasons, Cartier, and Louis Vuitton, Selling to the New Elite explains what the truly rich want from brands, what they expect from the marketplace, and how their changing purchasing patterns could mean big business for you. Including eye-opening stories from mutually satisfying interactions between salespeople and affluent buyers, the book showcases the best practices that have led to hundreds of successful sales and incorporates exercises that allow you to apply the information in your own context. By helping readers win over the wealthiest customers, this one-of-a-kind guide offers the key to becoming rich yourself.

Editorial Reviews

Review

..”.impassioned guidebook…enriched with illuminating examples of techniques highly successful salespeople use…with wealthy customers.”” –Fort Worth Star-Telegram”

.”..authors have been surveying the buying habits of the affluent over the last five years …that would be enough to purchase this book but there is much more.”” –Knights on the Road”

.”..ideas are presented clearly, without frills or filler…backed up with scientific research…Every employee in your business should read this book.” “–New Age Retailer”

..”.authors have been surveying the buying habits of the affluent over the last five years …that would be enough to purchase this book but there is much more.”” –Knights on the Road”

..”.ideas are presented clearly, without frills or filler…backed up with scientific research…Every employee in your business should read this book.” “–New Age Retailer”

.”..impassioned guidebook…enriched with illuminating examples of techniques highly successful salespeople use…with wealthy customers.”” –Fort Worth Star-Telegram”

“An easy read…the book provides a good foundation to help professionals understand the marketing/sales basics when selling elite product to elite prospects.” “–Choice magazine”

“Packed with insight, examples, eye-opening stories, and exercises…contains the practical strategies you need to successfully sell to those with the power to buy.” “–ForeWord this Week”

“These guys are good and, better yet, they are thinkers…it merits your serious attention…You’ll get lots of nuggets in this excellent book.” –“Life Insurance Selling magazine”

“While mainly aimed at those selling luxury goods, it offers many valuable lessons for wealth managers, financial advisors and estate planners.” “–Accounting Today”

From the Inside Flap

If you think the only thing unique about selling to the affluent is a higher price point, think again. In fact, what you think you know about who the wealthy are–what motivates them, how they think, where they shop, and how they spend their money–may be equally inaccurate. What do the words “luxury” and “quality” mean to your wealthiest prospects? How has the Great Recession affected their spending tendencies and brand preferences? And how can you–as a sales professional or marketing executive–sell to them most effectively? Based on unprecedented research, “The New Elite” shattered common misconceptions about the rich and their relationship with money. Now, in this indispensable follow-up, you’ll discover how you can hone in on this wealthy class, pique their interest, and convert them into loyal customers. The authors of “Selling to The New Elite” have studied the best practices of top performers, as well as analyzed hundreds of the most mutually satisfying interactions between salespeople and customers. Here, they reveal the secrets of the world’s most successful salespeople, explore the stories behind some of the world’s most unique and exquisite products, and identify how passion is, in fact, the key to selling to “the new elite.” You’ll discover how to: – Establish yourself as a necessity in a marketplace where more and more people are forgoing traditional salespeople and making their purchasing decisions on the Internet – Tell detail-rich stories that evoke the undeniable essence of your product or service – Form bonds with clients by discovering shared pursuits and interests – Understand that reliability is “the new trust” – Communicate a compelling brand promise – Hone an unbeatable elevator pitch – Satisfy the passion du jour: value Loaded with insight and indispensable techniques, this one-of-a-kind guide shows you how to win over the wealthiest customers… and become successful yourself. JIM TAYLOR is Vice Chairman of Harrison Group, one of the country’s most respected marketing firms, and a widely recognized marketing expert and speaker. His clients include American Express, Chanel, UBS Private Wealth Management, and Neiman Marcus. STEPHEN KRAUS is former Vice President of Harrison Group, where he provided senior leadership to the company’s wealth consultancy. DOUG HARRISON founded Harrison Group in 1996 and has developed branding strategies for companies such as Coca-Cola, Microsoft, Under Armour, Four Seasons, and Cayman Islands Department of Tourism.

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