SMU Data and Models

The Truth About Selling Steel: Eliminate Angry Customers by Being Proactive
Written by John Packard
February 8, 2015
I remember one time I became so irate with a customer that I literally was standing on my desk and screaming at him on the phone. It may have made me feel better for a couple of minutes but it didn’t do much to enhance the customer’s experience with the company I represented. Nor did it do much to improve my reputation both within the company as well as with the customer.
There are times when you are going to come across a customer who just doesn’t see the world in the same shades of green and blue as you do. Expectations can vary and conflict is unavoidable, or is it?
Over the years one of the first lessons I learned was if I spent the time preparing the customer for the worst then the only thing we could do we exceed expectations. For example I would tell new customers: This is our first order, something is bound to go wrong. Just know I am here for you and our company will make it right (and we are good at learning from our mistakes as opposed to repeating them).
The second lesson I learned over time is to make sure that the customer, your company and you are all on the same page. You do this by 1) having everyone involved verbally repeat the terms and conditions and expectations of the sale and 2) then put it on paper – a purchase order that is both legible and logical and spells out the same conditions discussed verbally earlier. You and your company are also well served by acknowledging the purchase order as agreed to earlier.
Over the weekend I was involved in negotiations to purchase a house that required an offer, counter offer and revisions until both parties agreed to all conditions. It doesn’t take too many truckloads to equal the full value of a house so the thought process should not be any different. Do not let inconsistencies, errors of omission or misrepresentation of the original agreement go by without being addressed, corrected and agreed to by all parties.
If there is a flow to the way your company does business let the customer know up front (what does your company require besides price and delivery dates?) and you should also be sensitive to what is required by your counter-party as well.
Hopefully by being proactive and realistic will improve the chances of having a harmonious relationship with your customers.

John Packard
Read more from John PackardLatest in SMU Data and Models

SMU market survey results now available
The latest SMU market survey results are now available on our website to all premium members. After logging in at steelmarketupdate.com, visit the pricing and analysis tab and look under the “survey results” section for “latest survey results.” Historical survey results are also available under that selection. If you need help accessing the survey results, […]

SMU survey: Buyers Sentiment Indices slip
SMU’s Current and Future Steel Buyers Sentiment Indices both fell during the week of Dec. 6, based on our most recent survey data.

SMU survey: Mills more willing to talk price on sheet, less on plate
The percentage of steel buyers saying mills were willing to budge on spot pricing has risen for all sheet products SMU surveys, according to our most recent survey data.

SMU survey: Direction of mill lead times mixed on holiday season lull
Movements in lead times were mixed in SMU’s check of the market this week – a reflection of the seasonal dip in ordering that is typically seen during the winter holiday season.

SMU price ranges: Sheet surge continues on limited spot availability
Sheet prices shot higher again this week on the heels of another round of mill price increases as well as on reports of production and supply chain issues at certain domestic producers.