While sometimes it’s necessary to take on clients at a lower price than we want, it is not a strategy that will help us grow our business in the long term. What will help us grow the business that we want and in the direction that we want, is to win the right types of clients at the right price. Clients who value our service and will pay what it is worth.
Are you struggling to land clients at the right price? Chances are, it might be something that you are doing (or not doing), so here is how to rectify that.
If you’re not currently doing the following during your sales process, start implementing these now.
- Do – make it easy for the potential client to book a call
It’s a simple thing, but it has a huge impact on your ability to get more customers if you don’t. Make it easy for your prospects to book a call with you and they will.
- Do – understand the emotional drivers of the prospect at the start of the fact-find
We make 95% of our buying decisions subconsciously so knowing what is encouraging people to make purchases from you will assist in focusing on improving those areas. Understanding the emotional drivers means you can better relate to your clients and the kind of end product they are looking to receive.
- Do – set up a follow-up meeting
You don’t want to leave your prospect wondering if they’ll hear from you. Contact them letting them know what they need to do and when they need to respond by if they want to proceed, or the next action if not.
- Do – sign them up and onboard them (or put them back into the sales funnel)
Many businesses don’t put unconverted leads back in their sales funnel and that is a big mistake. We need to nurture leads into customers over time, and these are contacts who are interested and see the value of your service! You need to stay in front of these warm leads until they are ready to buy.
If you’re currently doing the following during your sales process, stop it!
- Don’t – skip the pre-qualification meeting
The aim of the pre-qualification meeting is to fully vet the opportunity and make sure that it ticks all of your boxes and suits your niche. Get the prospect to fill out a questionnaire, this will help you to evaluate whether there is a real opportunity.
- Don’t – do the new business meeting if the prospect hasn’t sent you the information you need
You can’t show the prospect that you fully understand their needs and challenges if they haven’t sent you the information you need, so don’t go ahead with the meeting. You need this information to convert them, so don’t waste everyone’s time if you don’t have it.
- Don’t – take too long to get a quote out
If you take too long to get a quote to the prospect, you run the risk of losing them altogether. Don’t do this. Avoid frustrating them by providing a quote quickly after you have warmed them up.
- Don’t – give the client too many options
The client wants to move forward at this stage, so don’t confuse them or set them back in the process. They should have already met with you and discussed all potential solutions, so the quote is where you’re pitching the final idea and beginning the process.
Get paid what you are worth
Growing a business sustainably isn’t just about winning more clients. It’s about winning good clients; the types of clients that you love to work with and who see the value from your service and are more than willing to pay you for it. To start landing clients at the right price, make sure that you start doing the Dos and avoiding the Don’ts above.