Ian Brodie

Ian Brodie


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Lead Nurturing – Latest Issue of Outside In Newsletter Published

Posted on October 8th, 2009.

Back in September 2009 I published an edition of my newsletter focused on Lead Nurturing: how you progress an initial client relationship over time to a point where you're actually doing business together.

Lead nurturing is critical for professionals: at the point at which we initially meet clients very few of them need our services right now. But almost all of them will need our type of service in the next few years. To be the one they remember and choose at that point, we need to nurture our relationships with those potential clients over time.

The article gives a number of hints and tips to enable you to do that relationship-building better, and with more clients.

The newsletter also includes a short article on the importance of doing and learning from “win reviews” rather than the traditional “loss reviews”.

You can read the articles in the archive by clicking here.

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Marketing

Is the Free Initial Consultation Dead?

Posted on October 7th, 2009. Is the free initial consultation dead

Yes, in my view.

At least in the way it's normally done.

For many years, consultants, coaches, trainers – and even accountants and lawyers – have been offering “free initial consultations” as a way of encouraging clients to engage with them.

The logic, of course, is that once they work with them for an hour or so, their fears about whether the professional knew their stuff and whether they'd be able to get on with them would be laid to rest.

Some of the more marketing savvy professionals learnt how to focus the initial consultation on identifying the client's most urgent problems and plotting an outline action plan rather than simply giving away an hour's free work. In that way the client was taken on a journey where they realised just how big their issues were and were more inclined to buy as a result.

But in my experience, potential clients are becoming less and less likely to take up the offer of free initial consultations.

The change is coming from two angles:

  • Firstly, they've experienced some professionals using the initial consultation as a blatant opportunity to sell to them. They now view initial consultations as risky – with a high chance they'll be subjected to a sales pitch and receive little value from the session.
  • Secondly, they've discovered that they can achieve many of the things they got from an initial consultation in other ways (for free too) without having to engage with a professional. Meeting a consultant, lawyer or other professional can be a daunting prospect. So if they believe they can get similar value from a free e-book or video or seminar recording – then they'll often prefer to take that option. And they can take this option at their own convenience – without having to travel or wait until the professional is available.

My advice:

Most professionals benefit greatly from having some form of free give-away which gets a client to begin to engage with them. It can demonstrate their expertise, give clues as to what they're like to work with, and generally reduce the client's perceived risk.

But the day when free initial consultations worked well for this are gone. If all you have as a freebie is a free consultation you need to think again, and create something else you can offer as an easier to bite option.

It could be that after sampling your free report or teleseminar, the potential client is ready for a free consultation (or they may be ready to buy straight away). But it's unlikely that today's time-pressed cynical executives will jump at the chance of a free consultation if nothing has come before it to demonstrate your capabilities and personality.

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Marketing

Win New Clients with Talks and Seminars

Posted on October 1st, 2009.

Talks and SeminarsThe key to marketing professional services is to demonstrate rather than claim.

And if you're marketing yourself and your skills then one of the strongest ways to do this is through talks and seminars.

Clients hire professionals who understand their problems, have the expertise to solve them, and who they feel they could work with productively. Few other marketing approaches give the professional such an opportunity to demonstrate their understanding of client problems and their expertise, and give a feel for what they would be like to work with.

Talks and seminars are in the top tier of effective marketing approaches.

I remember the first time I saw a consultant give a talk on marketing at a networking event many years ago. The talk was pretty bland. Nothing special or new. But the consultant had a queue of people wanting to talk to them at the end. It didn't take me long to figure out that this could be a great way of engaging with new clients.

So how do you go about getting speaking engagements & seminars?

It's something I asked myself as I was planning my marketing priorities for 2009. I wanted to grow my practice locally (historically, the vast majority of my work has been international, or London based and I wanted to cut down on travel somewhat). Talks and seminars seemed an obvious route to go down.

I followed a simple three point plan which can work for many other professionals too. I'm focusing here on speaking for free in order to market your services, rather than paid speaking engagements.

Step 1: Get Good

An absolute prerequisite to marketing your professional firm through talks & seminars is that you must be very good at presenting your material.

That means both good content, and a good presentation style.

It sounds obvious: but so many professionals overlook it. The number of mediocre and sometimes very bad presentations I've been to in the last year is simply staggering. A bad presentation does more harm than good. Yet so many people fail to prepare, fail to practice, fail to get feedback – and so fail to get any new clients.

In my case, I'm a fairly experienced presenter, having done sessions at events from local seminars to global conferences. And I've been professionally trained in presentation techniques. But I still felt I needed to make sure I made a great impact, so I decided to make an investment in my capabilities in this area.

Early on, I focused on being able to really “ace” just one talk (on getting more referrals). So I developed it, practiced it, got feedback on it, and did it at multiple events in a variety of formats.

I also joined a local Toastmasters group to work on my presentations skills, and hooked up with my local Professional Speakers Association (in the US, this is the National Speakers Association) to learn from watching really polished performers in action. I also took coaching on developing compelling presentations. And, of course, I read a ton of high quality material on the subject.

Even if you're an experienced speaker or seminar presenter, you can almost always improve. And at bare minimum, you need to make sure that the presentations and seminars you do showcase you at the top of your game. Make sure you prepare them well (please, no endless stream of bullet-point PowerPoint slides), you practice and rehearse, and that you get honest feedback from experienced presenters.

I thoroughly recommend joining Toastmasters. If you don't know it already, it's not about becoming one of those guys who loudly announces the guests at functions – it's about becoming a great speaker. The most valuable element of Toastmasters is that you get to practice in a safe environment and get constructive feedback. And because you go back regularly rather than it being a one-off training course, you learn via the optimal method for skills training: one thing at a time not a whole bunch of new ideas heaped on you.

Step 2: Get a Plan

I'd wanted to get more involved in speaking & seminars right from when I set up my own practice. But for a year it just didn't happen.

The reason: wanting and wishing aren't the same as planning and doing.

But once I'd set myself a target of 12 presentations/seminars to audiences with at least 10 or more potential clients I was spurred into to action. I broke down the target into months and planned the activities I needed to do to hit that target. I brainstormed potential events & venues, thought through the topics I would focus on that would be likely to lead to potential clients engaging with me, and identified the resources I would need to achieve my goal.

Once I had my plan in place, I became more aware of possibilities for offering my services as a presenter. And by reviewing the plan and progress initially weekly and then monthly, I kept the pressure on myself to hit the target.

And it worked. I've already beaten my target 9 months in.

Simple stuff. But I hadn't done it the year before, because I hadn't taken the simple step of setting a target and making a plan.

Step 3: Get Booked

For me, there were three key steps which got me the opportunities to speak I needed.

The first step was to clarify with laser focus just what sort of events and audiences I needed to speak in front of.  Obviously I wanted to get in front of potential clients and referrers. But the key was being able to articulate this clearly so that I could identify potential events and forums myself, and that I could explain it to others so that they knew what I was looking for.

Here, it helps to be focused. If you specialise in working with a particular sector or client type, or working on a specific set of issues or functional area then there are often professional associations or groups similarly specialised. And they're pretty much always on the lookout for good speakers with interesting topics.

If you're less specialised there are theoretically more potential groups to speak to: networking events, chambers of commerce, etc. But there are also more people offering to speak at those events.

The second step was to have done my preparation. I knew the topic I wanted to speak about, and it was one of great interest to my potential audience. I prepared a clear summary of the topic so that when I spoke to potential event hosts,  they could see I had something of value ready. It's infinitely more credible than the tactic many people use of “I'd like to speak at your event. Any subject really, just tell me what you want me to talk about.”

And having a lot of publicly available material available on my blog helped. Potential hosts could quickly see I knew what I was talking about.

The third step was to go for an easy win and then leverage it. I managed to get a recommendation from someone who knew me well to an event host they knew well too. It was enough to get started and I made sure I did an excellent job at that first talk. From then on being able to say “I've just presented on abc to the xyz group…” gave me much more credibility in getting booked for other events.

Once I had a handful of talks under my belt, I was able to expand the range of subjects  I covered too.

Now it's Your Turn

My plan worked, and it worked quickly. And I managed it as a sole practitioner without admin support. As a professional in a bigger practice you should certainly be able to harness the skills of your marketing/business development team to help you both with the material and in getting events booked.

You may even be able to host some events yourself. However, I do advise that unless you already have a big, responsive contact list it's much easier to get a good attendance by presenting or running a seminar at a well established event or forum.

Remember: the key to making it happen was to set a target and build a plan. Everything flowed from there.

Set your own target. Build your own plan. And it will flow for you too.

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Marketing

Beyond Customer Service

Posted on September 24th, 2009.

I popped in to the post-office today to post a few parcels off with some “goodies” in them for friends.

At the counter next to me an old lady was showing one of the assistants an old newspaper with a really old photograph showing a scene from about 80 years or so ago. She was telling the assistant about how there were only two people left alive who remembered that event and how she wanted to post a copy to her son to show him.

The assistant listened to her, asked her questions about the scene, and expressed interest about various aspects of the story. They were still going when I left.

You could tell from the discussion that the old lady really appreciated someone just listening and paying attention to her. Amid all the impersonality of modern life, here was someone who was making her feel human and valuable again.

Does this kind of customer service have a payoff? An ROI? Will it increase loyalty or sales?

Quite frankly I don't know. And I don't need to know.

Life isn't all about calculating whether you'll get a payback from everything you do. We all owe a duty of care to our fellow human beings – especially the elderly. To try to calculate whether those actions will have a payoff is crass in the extreme. Just do them.

Apologies for going a bit off-topic. There's no great sales or marketing learning in this story. No insights for professional services. But maybe something for us to thing about as human beings.

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Selling

Can You Get More Clients Simply by Asking for More Referrals?

Posted on September 20th, 2009.

beggingAlmost all professionals say their main approach to get new clients is Referrals.

But sadly, what they're often talking about is Passive Referrals. Referrals where they've been recommended by a previous client or contact without taking any active action themselves.

While it's great to get these types of referral it's not really a sustainable business model. A sustainable business model needs to be influenceable by the professional.

In practice, a great many professionals have a psychological barrier when it comes to asking for referrals. They hesitate – and don't ask for anywhere near as many as they should.

There are three main reasons for this:

  1. They're not convinced asking for referrals works
  2. They're worried that asking for a referral might damage the relationship they have with a client or contact
  3. They're embarrased asking for referrals: it “feels like begging”

Does Asking for Referrals Work?

In their 2009 Benchmarking Study How Clients Buy, RainToday.com looked at which methods buyers of professional services were most likely to use to initially identify and learn more about providers.

The top 2 methods? Referrals from Colleagues and Referrals from Trusted Service Providers.

Top 5 sources of information on new services providers

Take, for example, the experience of one of my newsletter subscribers who recently emailed me to say:

On a visit to a client, where I had done a good job and over-delivered on client's expectations; we were waiting on someone returning to his office with a bit of information we needed.

For something to say I asked “Can you think of anyone else who might be able to use my services?”.

He immediately opened his address book and started giving me names and numbers, even ringing a few there and then to warm things up.

I've since made contact with most of the nine names he gave, and seven are happy to meet with me.

In future I'm going to make “asking for more” a part of my after sales follow-up!

Does Asking for Referrals Work? Absolutely – if done right.

Will Asking for a Referral Damage your Relationship with a Client?

There's an element of truth in this – if you do it wrongly.

The best referrals are to people the person doing the referral knows well. After all, we're far more likely to act on a referral from someone we know and trust than from someone we barely know.

By introducing you to someone they know well, your clients and contacts are putting their relationship and reputation on the line. Before the do this, they will need to be sure you're going to do a great job for the person they introduce you to – and that you'll be thinking in their best interests.

So you must wait to ask for a referral until you've proven you can do a great job and that you aren't just being self-centred.

The best way to do this for clients is to ask after you've over-delivered on your engagement for them. Or if it's a long project, after you've delighted them during the process of delivery.

And your relationship must have progressed so that they've come to trust you and see that you aren't just in it for yourself – that you always act in your clients' best interests.

The language you use when asking for a referral can help here too. Don't just ask if they can refer you to someone. Ask “can you think of other accountancy firms who I might be able to help?” or “I believe my services would be really valuable to Jones & Co., if you were me how would you approach them”.

Is Asking for Referrals Embarrassing? Will it seem like Begging?

Again, the answer to this is that it can be – if you do it wrongly.

Part of this is mindset. If you really are just asking for referrals to help yourself – then clients and contacts often pick up on that.

But if you've thought through who it is you can really help, and you truly believe you can do a great job for them: then your sincerity will show through.

Again, the language you use can help. Don't just ask to be referred. Tell your client or contact why you believe you can do a great job for the person you're asking for a referral to.

In my blog post of a few months ago: How to Get More Referrals Using Offers I showed how creating tailored offers (free, or entry-level) makes it easier for clients to refer you and feel comfortable they are adding value to their contacts. Having these offers also makes asking for referrals less embarrasing. You're able to name something specific of value the person you're being referred to will get – rather than just asking a favour.

Could You Get More Clients by Asking for More Referrals?

Have a look at the 3 factors. Do they apply to you?

My experience is that we all suffer from at least one or more. Myself included.

We've not fully convinced ourselves that asking for referrals really works. Or we're embarrassed to do it, or worried it might hurt relationships.

Whichever negative belief you have, think about whether that belief is really true.

Think about whether holding that belief is helpful to you.

Then think: if I suspended that belief, just for a week, and asked for more referrals, might that help me?

I bet it would.

Featured

Selling

Selling With Stories: Answering Tough Questions

Posted on September 8th, 2009.

18 months ago I posted a very popular article on Selling With Stories where I described how stories and anecdotes can be used to great effect by professionals to provide more meaningful, resonant descriptions of what we do and how we work.

Stories are also particularly effective when we're asked those tricky questions that clients like to throw at us when we're pitching for business.

Faced with “what would you do if…” and “how would you handle…” questions, there's a great temptation for professionals to try to demonstrate their expertise by trotting out management, legal, accounting or other theory for how situations should be handled.

But that's not what clients actually want to hear. They want the confidence that you have handled these situations and that you will be able to deal with them in practice, not in theory.

The best way to handle these questions is with a short story or anecdote about a client situation where you faced such an issue and were able to address it.

When I sold and delivered large consulting change management programmes, I had a series of stories about overcoming resistance, stories about programme management, stories about delivering results and stories about culture change. Each of these gave me credibility when a client asked how we could address the organisational obstacles to change, or how we could make sure they really achieved the benefits they were looking for from the programme, etc.

Some stories are reusable for multiple situations. One of my overcoming resistance stories about a senior executive in a client organisation who had been overlooked for the CEO role and initially wanted to obstruct any initiative launched by the CEO also doubled as a story about how to address executive politics.

Sometimes the story doesn't even have to be of a great success to be effective. About 5 years ago I won a rather nice multi-million Euro sales process implementation project for the consulting firm I was working for. We'd had a tricky relationship with the client and found out later we were in last place coming up to our final presentation. The turning point came when the senior client executive told us that all previous sales process projects he'd known had failed because the consultants hadn't engaged with the front-line staff. I was able to tell a story about how I'd learned the hard way in a previous project where we hadn't involved the key salespeople and first line managers early enough and so had struggled with implementation until we eventually got them on board. It wasn't a story about a great success we'd had – but it told the executive that I'd been in that situation before and I wasn't going to make the same mistake again. We won the project, and in a debrief meeting later the client told us that had been the key moment when they knew we had the right practical experience to work with them.

These “early lessons” stories can be even more effective than success stories as they're highly believable, don't come across as pompous or “show offy”, and really send a clear message that because of that hard lesson you've known what to do right ever since.

Of course, the “early lesson” type story has to be set a decent distance in the past – it can't be a mistake you made the previous week!

Most professionals should be able to create a list of tricky questions they often get asked and prepare example stories to address them. They're best not replayed verbatim as stock answers, but stored away as an easy-to-recall memory to build on.

And using stories to answer tough questions is not only more believable – it's much more interesting than a dry theoretical answer too.

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Mindset

Are you Dr House or Dr Kildare?

Posted on September 4th, 2009.

I love House.

I think we all like to empathise with the outsider, the maverick, the tormented genius.

And in our professional lives, many of us secretly long to be able to play that role – at least sometimes. To be able to just use our huge brains to solve clients' problems without having to deal with the complex, messy emotional issues. To not have to deal with feelings & relationships. To just get on and do our job. “If only we didn't have to deal with clients…”

Often we label this emotional side of the job as “politics” – when in reality it's just dealing with people.

Of course, Gregory House doesn't put up with all that. He avoids seeing patients – because they all lie about their symptoms anyway. He uses cold, hard facts to make his diagnosis.

And he always gets it right.

It's a very seductive image. Dangerously so – because the real world just doesn't work like that.

For accountants, consultants, lawyers and other professionals; how we interact and deal with people has a huge impact on our success – that's hardly new news.

When we're selling our services, we#ve always known that at least to some degree, clients decide emotionally and justify rationally.

But often we castigate them for that – how foolish of them not to pick the “right person for the job” just because they didn't get on with them, or they didn't have great interpersonal skills.

But the idea that somehow the highly technically competent person with no social skills is the right person and has been unlucky in not being hired is just pure fantasy.

In reality, it takes great social skills to truly succeed in performing professional roles: Dr Kildare's bedside manner not Dr House's.

In the world of consultants and others who focus on organisational improvement there's a phrase that's as true today as when I first heard it nearly 20 years ago.

A B grade plan with an A grade implementation is infinitely better than an A grade plan with a B grade implementation.

Organisations only change and improve to the degree which their people change and improve. The greatest ideas and plans in the world are no good if you don't have the people skills to get them implemented.

So in fact, the “foolish client” who based a lot of their hriring decision on which consultant they got on well with and they felt would “connect” with their people actually made a highly rational decision. They hired the person most likely to successfully implement change in their organisation. The technocrat with poor people skills would have had great ideas and produced a great report – but that report would be left on the shelf unimplemented.

Or take an architect. If they can't connect with their clients, they can't find out what they're really looking for. They won't be able to get behind “I'll know it when I see it” to a deep understanding of what would really delight their client.

Even lawyers and accountant need their clients to open up to them, to share with them what they're really looking for. They need to understand how they really feel and to get real feedback on their performance in order to do a great job.

In the real world, it's Dr Kildare not Dr House who gets the best result.

The learning for business development?

Often, the skills you need to attract and win new clients are actually the skills that will make you a great professional. Don't view them as two different worlds.

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News

Competitive Selling for Professional Service Firms – August Issue of Outside In Newsletter Published

Posted on August 31st, 2009.

Back in August 2009 I published an edition of my newsletter focused on how to sell professional services in head-to-head competition with other providers.

Most advice and training on selling professional services focuses on how to get more clients by understanding and exploring their needs to develop solutions and proposals that “hit the spot”.

And that's as it should be. Not only does a needs-based approach allow you to develop better solutions for your client, it also allows you to build better relationships (by really understanding their business) and better persuade clients of the need to take action (by exploring the impact of their problems or challenges).

But there are other important elements to selling that professionals must master to increase their success rate in winning new business. In particular, they must learn how to sell when faced with direct competition. Or as one participant at a recent training course I ran on consultative selling put it: “how do I prove that I'm the best option?”

The newsletter also features a short article on using a focus strategy to get more referrals and features a website for accountants that holds many lessons for business development across the professions.

You can read the newsletter in the archives here.

Featured

Selling

Get More Clients by Asking Better Questions

Posted on August 24th, 2009.

Get More Clients By Asking Better QuestionsIt's no secret that asking good questions is the key to successful selling.

And in theory, professionals should be great at asking questions. It's one of the main tools in their armoury when they're working on an engagement. The skill of consultants, lawyers, accountants, architects and other professionals to question to get under the skin of a client's problems, needs, ambitions or issues is critical to their ability to resolve those issues.

But questioning to sell is different.

When we question as part of an engagement we primarily drill for root causes and underlying needs. We explore every angle to ensure we develop the right solution.

But when questioning to sell, we need to primarily drill for impact. It's helping clients understand the full impact of their issue, problem or ambition that will make the difference between the client hiring us or not.

Why is that?

Well, in the majority of situations when dealing with clients, we're the experts and our clients aren't. One of the characteristics of being an expert is that we're able to see things – to make leaps of logic and insight – that our clients can't.

An HR consultant, for example, intuitively knows that low morale amongst customer service staff takes a heavy toll on productivity, employee turnover and service levels. When she spots a a morale issue she knows just how serious it is. But her client often doesn't.

Because she's the expert, she jumps quickly to talking about possible solutions to the problem – hoping to demonstrate her expertise and impress the client. But because the client hasn't seen the true impact of the situation, the solutions look expensive and unnecessary.

Instead, she should ask questions to help the client understand the true depth of the situation. What is employee turnover in customer services like? How much does it cost to replace an employee who leaves? What about the impact on customer service levels of high turnover? How does this affect sales? etc.

These smart, impact-focused question not only demonstrate expertise, they help the client realise how important an issue low morale is. Then when a solution is proposed, it won't look out of kilter with the size of the problem.

How do you get good at asking impact questions? Start by listing the typical problems your services address, or opportunities they enable. Then for each problem or opportunity brainstorm a full and broad list of the potential impacts. It's even more powerful if you can identify how these impacts can be measured and converted to their effect on the bottom-line.

That list of impacts can then be used to create powerful questions that really help clients see the severity of their situation. And that, more than anything else, will help motivate a sale.

Featured

Selling

Want to Sell More? Have Something Better to Sell.

Posted on August 14th, 2009.

I spend the majority of my time helping my clients get better at marketing & selling their services. We look at marketing strategies, lead generation techniques, sales processes and skills. The “how” of business development, if you like.

So sometimes it's easy to forget the “what”. The stuff you're actually selling. And the fact that the most important thing is to have really great services to sell.

Not only that, but we need to have a range of services too – and they need to be configured and positioned in meaningful terms for our clients.

It's a problem particularly prevalent amongst consultants, coaches and trainers. Our “product” is so flexible and configurable that we tend to only describe one generic service: we'll “figure out what your problems are and fix 'em”.

Unfortunately, we often assume too much. We're experts in our capabilities: we know how much they can be tailored, how we can tweak them to exactly meet our clients' needs. Our clients however, aren't so expert. They often can't tell whether we can help them with their problems and opportunities or not.

What we usually do is bang away trying to sell the same generic service using multiple, different marketing & sales approaches. What we should be doing is changing what we're offering. Getting more specific. Figuring out the different benefits that could be achieved and packaging up a service for each one.

Next time you're reviewing your marketing & sales approaches, consider whether your time might not be better spent reviewing your services instead and better matching them to what your clients really want.