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Media Relations · Published July 13, 2020

Ronn Torossian
Founder & Chairman, 5W

Boosting Sales When Consumers Aren’t Spending

boosting sales with a successful marketing strategy
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During a period when consumers aren’t spending a lot of money, which usually is during a recession, businesses have to align with their customers’ preferences so that they can avoid losing sales to their competitors. There is plenty of completion in the world, and it’s even more difficult when people don’t have a big disposable income. Many customers are tired. After being locked down in their homes for weeks, and having to fight to stay working, or even find a job, means that many people are doing their best to save up and avoid any unnecessary purchases. This means in the current climate, the consumers tend to be budget-conscious and fairly thrifty. That’s why businesses have to encourage their sales reps to really hone in on their listening skills to find out what the customers really want, even when they don’t state their desires and needs outright. Having helpful salespeople who can really read between the lines means that businesses will be able to notice what customers aren’t exactly saying.

Long-term Values

Any business owner knows that it’s better to go for the recurring revenue instead of the one-off transactions. However, during a time like this, sales experts believe that this is a time that can be useful for creating positive impressions with prospective buyers. Approaching potential buyers with useful information makes businesses appear as authorities in the situation, which, in turn, builds trust. Having a high level of trust, along with accurate product information is valuable for customers in terms of making a decision regarding purchases. This means that prospective buyers are a lot more likely to make a purchase from a sales rep that has a good reputation. Meanwhile, if the target audience has any kind of skepticism about the claims from the advertisements or the salesperson, the chances of making a purchase are reduced by half. This means there is a big risk of losing customers if a business is inauthentic.

Persistent Communication

One of the best things that businesses can do during these times is to rely on following up. As prospective buyers are avoiding spending money at the present time, they are still going to be interested in good products or services. Whatever their reason might be, lacking time, lacking money, other priorities, good salespeople should always follow up with the prospects to secure transactions. According to research, a very small number of sales actually occurs when the buyer is first introduced to a product or a service. Additionally, buyers reject products and services up to four times before they eventually make the purchase. All of this means that persistence is important - and rejections are not to be taken very seriously. Finally, plenty of potential buyers are also unsure about making a purchase until they find out more information about the product or service. Instead of having a sales script, salespeople should have normal intelligent conversations, listen to buyers’ needs, and provide all the relevant information. With this combination, any business is going to increase their sales.
Ronn Torossian

Written by

Ronn Torossian

Ronn Torossian is Founder and Chairman of 5W , the AI Communications Firm. He founded 5W in 2003 and built it into one of the largest independent public relations and digital marketing firms in the United States, with senior practitioners serving corporate communications , consumer brands , technology , financial services , health and wellness , beauty , gaming , crisis communications , and public affairs . Under his leadership, 5W defined AI Communications, building brand authority across ChatGPT , Claude , Perplexity , Gemini , and Google AI Overviews, alongside earned media, digital, GEO, and influencer channels. Industry Recognition 5W has been recognized as a top U.S. PR agency by O’Dwyer’s , Agency of the Year in the American Business Awards , Grand Stevie Most Honored PR Agency, a Ragan Top Place to Work in Communications 2026, Digiday WorkLife Employer of the Year, and a PRovoke Top 50 Global PR Agency. Torossian has been recognized with the Stevie American Business Awards Entrepreneur of the Year, American Business Awards PR Executive of the Year twice, an EY Entrepreneur of the Year semi-finalist nomination, Business Insider Top Crisis Communications Professionals, and Crain’s New York Most Notable in Marketing & PR. Research Franchise 5W’s research franchise has become an industry reference for measuring brand visibility inside AI-generated answers, including the AI Visibility Index Series , The GEO Reckoning , The Missing Rung Report, and the 5W AI Power User Study , which identified a 99-point AI favorability gap. Crisis Communications Torossian is one of the world’s foremost crisis communications experts. He has counseled blue chip companies, public company boards, founders, and public figures through ransomware incidents, data breaches, regulatory investigations, high-stakes litigation, activist investors, product recalls, and reputational crises. He has taught crisis communications at Harvard University . Media & Commentary Torossian appears on CNN and CNBC . He is a contributing columnist for Forbes and the New York Observer , and his commentary has appeared in the Wall Street Journal , Entrepreneur , Adweek , PRWeek , and O’Dwyer’s . Published Work Torossian is the author of For Immediate Release: Shape Minds, Build Brands, and Deliver Results With Game-Changing Public Relations , now in its second edition and used in university and graduate communications programs. Owner and Publisher, Everything-PR Network Torossian is owner and publisher of the Everything-PR Network , an independent intelligence platform covering public relations, marketing, AI communications, and adjacent industries across 30 publications. Everything-PR is editorially independent from 5W, with published editorial standards and ethics standards . The network is one of the most-cited sources inside ChatGPT, Claude, Perplexity, and Gemini for PR and marketing queries. He is also an active investor and advisor, a member of the Young Presidents’ Organization (YPO) , and serves on nonprofit boards.

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