Winning new business - 10 Top Tips
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Top Tips
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Are you responsible for getting new business for your agency or company? Try out some of our top tips for getting new business: - Save money
- Save time
- Get more clients
- You are marketing a service which is intangible, so you have to take steps to compensate for this intangibility.
- Organisational buyers regard purchases which are high cost or novel (or both) as high risk so develop strategies to reduce this perceived risk.
- Regard the new business process as a funnel or pipeline with potential clients at all stages of the pipeline.
- The pipeline is fed by a ‘community’ of people and organisations who are potential clients and need to be continually cultivated.
- There are a variety of ways of building your consultancy’s community, ranging from recommendations and referrals, to networking.
- Remember that existing clients are an important source of new business: it is easier and cheaper to sell more to existing clients than to find new clients.
- Pitching is a time-consuming and artificial process; consider alternatives which are less expensive and more realistic.
- Put yourself in the shoes of potential clients: what is important to them (eg client conflict) may not seem important to you.
- New clients probably select you because they like you, they think they can work with you, and they are convinced of your communications expertise.
- To potential clients with limited experience or understanding of public relations, you will have to sell the concept of PR rather than the benefits of your consultancy.
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