ThinkTank
C O A C H I N G
The Top Excuses NOT
to Market: Marketing Means Survival: Those persons that can sell their ideas and create favorable
impressions of their firm are worth more to a firm. Persons with the
ability to market/sell are not the first to be cut in tough economic
times. Sales ability can be learned, but you must have the desire to
change your natural personality and learn new skills. YOUR DEVELOPMENT IS YOUR RESPONSIBILITY! Your firm can provide some
opportunities for learning, but you have to be good to get to the first
client presentation. Practice in your marketing role play sessions at work; make a
convincing presentation to your peers. It is easy to discuss business when
you are busy, sound excited about the projects, tell what is unique about
the product or service, how you and your firm solved some difficult
problems for your clients. What is Relationship Marketing? It is a business strategy that proactively builds a preference for an
organization. Translated: Doing business with people your consider
friends and trusted associates. The Types of Relationships: How to Develop Relationships: Volunteer in (2) organizations outside of your profession Spend your time doing what you enjoy! Your ability to
build successful relationships is as important in a successful career as
your skills, knowledge, talent and creativity. It’s just like life! Simple — be a friend, give rewards, and use the DRIP or sprinkler
method. If you want something to grow, you must "water" it as
needed, drip after drip. Nurturing relationships is the same methodology.
This type of nurturing of your contacts can take many forms. Sprinkler Method: Listen to your relationship contacts, what interests them; connect
with them on a personal level. Learn what motivates them and use this
information to build your relationship. What is the Number One Reason People Buy? They have a need. Anyone can fulfill a need, but what are the criteria
that will be used to select an organization to fill their need? Price? Wrong! They want someone that is trusted to assist them with the
evaluation of their options and make a decision. If you have an
established relationship, wouldn’t you choose that person to consult
with you? Price becomes a distant evaluation point when the client works
with someone they like and trust to get them the best value. There is a
big difference between price and perceived value. The key points of this approach are summarized by the Consultative
Principles: Be knowledgeable ·
Develop relationships with clients and other potential
partners ·
Establish trust ·
Manage expectations ·
Work as a team Develop Relationships ·
Be knowledgeable about your business and your client’s
business ·
Do your homework ·
Be curious and ask questions ·
Share what you know ·
Connect your experience to your client’s goals Offer Solutions ·
Define the problem ·
Solve the problem for which you have been hired ·
Be a resource ·
Follow through ·
What is the outcome of doing a good job for any new contact?
TRUST. The first principle mentioned in the Consulting Principles; being
trustworthy, is the only thing you have to offer your relationships. Trust
in your business and in your personal relationships is vital to success in
either. Once you have earned that trust, you must guard it in all you do. Small Firm, No Money: ·
The principal and maybe a marketing coordinator/secretary
may be the extent of the "marketing staff" along with the
project managers. ·
There is no extra money for cooperative advertising, fancy
brochures, or sales staff — just the staff’s relationships. ·
Each staff member should give the business cards collected
to the receptionist or secretary to enter on the contact data base for
announcements, newsletters, and for references. . · Keep this database in an easy to sort format — Excel,
Access, and a contact management software like MS Outlook or ACT. · DON’T TOUCH THE BUSINESS CARDS MORE THAN ONCE! Some
areas for Relationship Development: ·
Schools ·
Fundraisers ·
Athletic Teams/Activities ·
Colleges ·
Lead Exchange Groups ·
Church ·
Community Theater ·
Facility Managers ·
Real Estate Brokers ·
Civic Organizations ·
Speaking Engagements ·
Special Events Larger Budgets/Resources for Marketing Regardless of the size of your budget, a strategic plan to accomplish
your goals should be established. Every dollar should enhance your efforts
to reach the firm’s goals and business plan. When you are a larger firm, fundraising and charitable events becomes
an easy way to see those contacts that wouldn’t return your calls. They
relate now because you are at their event. Maybe someone gave them tickets
and they are impressed that you are there! If your firm does a lot of corporate work, research the charitable
organizations board members, and attend an event; offer services to the
organization/anything to get to know the people in a personal
relationship. Relationship marketing involves community relationships and branding.
Whether representing yourself or your firm while performing community
service, you are building relationships and a "brand" of the
type person and firm you represent. Remember that all your competitors are creative and provide basically
the same products and services; price is seldom the decision maker. Quality
relationships are the difference. Personal Style: When establishing a relationship, present yourself in a positive and
attractive manner. Research shows that people do business with people they
find attractive, so the first 8 seconds is very important on the
impressions you make on a new acquaintance. Do you appear neat and professional, relaxed and interested in what the
person is discussing, speak with clarity and at a normal rate, and
continue eye contact? I Am Not the Marketing Type Personality! The Myers-Briggs Type Indicators are a fun and informative way to know
your preferences of personality and to assist you in reading your
clients’ personalities. The personality typing is used for building teams, in pre-marriage
counseling, hiring by some firms, and many other areas where
individual’s natural personality preferences will affect the success of
a project or firm. When you know your natural tendencies, you understand
how to work on areas that need improvement for you to accomplish your
goals. Any personality type can develop relationships! Examples of the Cognitive Style Inventory are
the following: The details of a thorough Meyers-Briggs personality type and other
studies on this subject can be found at the website: www.personalitypathways.com/type_inventory.html This is not a substitute for an inventory from a qualified
practitioner, yet it is a quick way to study personality types, both yours
and your potential clients. In your relationships, you will find that opposites or differences in
personalities tend to attract. If there are sparks in a relationship, it
can be traced to issues about each person’s personality traits are in
conflict. We’re not psychologists, but years of experience have proven
this fact correct.
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Marketing:
The
Painless Method to Develop Business