Once you submit your proposal, there is more marketing to be done, more
nurturing of the relationship, more showing what a pleasant and productive
experience it would be to work with you.
Don't just sit back and wait. Be assertive. Let your prospects know you're
available to answer any questions they have.
When you're marketing big-ticket creative services, your prospects may be
interested, but they probably also have questions that need answers. Acknowledge
their concerns and questions. Listen closely and repeat the questions back,
answer them if you can or let the prospects know you'll get answers to them
promptly.
Responding to "objections"?
There are a few statements that prospects use when they want to stall or
aren't convinced you're the one for them. You won't always be able to work past
this stage in the process, but if you back off without responding, you'll miss
out on those opportunities that you can win, without knowing which ones they
are. Be ready with a few ways to respond to these common "objections."
"We can't afford these prices."
Despite all your efforts to qualify your
prospects upfront, you may still hear this from them. If money really is the
issue, get into the specifics with them. Try breaking down the project into
phases, each of which has a separate and lower price attached. This is sometimes
perceived as less expensive, even though it's not. It's actually more like an a
la carte menu for them to choose from. Another strategy is to revise your
proposal such that it lowers the price. But avoid the temptation simply to lower
your price without taking something away from what you're offering.
"We don't have the budget."
This is different from "We can't afford it."
Ask what they mean by "no budget." No budget at all for this type of work? No
budget left for this year? (If it's the latter, find out when the new budget
starts or when budget planning will resume so you can get back in touch at that
time.)
"We're staying with our current vendor."
Prospects may stay with their
current resource because it's too much effort to start from scratch with someone
else. Your job is to reinforce all the reasons why working with you would make
their lives easier and be worth the effort to change. It may not happen this
time around, but it's worth staying on their radars if you know they're itching
to change.
Closing the sale
Many designers sail through the proposal process only to lose a project
because they don't know how to "close" a sale. Often, the only step missing is
the last one: asking for the sale.
Try these strategies for closing the sale:
- Outline the next step. Say, "Have I answered all your questions? If so, and
you're ready to make a decision, here's the next step in the process." Don't
ever leave any doubt as to whether they have made the commitment. Ask them
directly, "Are you ready to sign the contract?" or "Are you ready to schedule
the first working meeting?"
- Make it easy. Do everything you can to make it easy for your prospects to
take that next step. There should be an activity they do to make the leap from
prospect to client, such as sign a contract, fill out a questionnaire, or pay an
invoice-something to make the process official. This also helps engender trust
and professionalism. Offer to send this document rather than waiting for them to
ask for it.
- Give a deadline. People often need to be nudged before they take action, so
it's up to you to create a sense of urgency. Put a deadline on the sales
process, such as "This proposal is good until the end of this month" or "We have
one slot left for this month, and I'd be happy to hold it for you if you decide
by Friday." The sense of urgency could tip the scales in your direction. If not,
it tells you there may be something holding up the process, and you need to find
out what it is. You may have a bit more selling to do.
-Offer an incentive. If you're sure all of your prospects' questions are
answered, but they're still hesitating, try an incentive. People are so
brainwashed by our consumer society that they sometimes don't buy unless they
get something free. Don't resist this; go along with it. Offer a discount with a
deadline, or a little something extra if they sign on before a specific
date.
Finally, one caveat (and a couple of clichés): Don't count your chickens
before they're hatched. Manage your expectations, and know that the deal is not
sealed until the contract is signed and money has changed hands.
Three Techniques for Dealing With the Black Hole Syndrome
Before you submit a proposal, you are in an ongoing dialog with your
prospects, e-mailing back and forth, confirming details via instant message.
Then, as soon as you submit the proposal, silence reigns and you never hear from
them again.
People are so busy that they rarely take the time to let you know what
happened with a project you didn't get. It's not courteous, and it's not
professional, but it's becoming the norm. There may have been a shift in
priorities, or they awarded the project to someone else. You may never find out
what happened, and sometimes you have to accept that fact.
However, don't disappear into that black hole yourself. Stay in the game.
Here are three ways to do just that:
1. Leave a final message. If it's clear that the project is not going to
happen in the way and within the time frame you'd anticipated, don't just slink
away. Put some closure to the process by leaving a final voice mail message
along these lines: "I haven't heard from you, so I don't know what happened with
the proposal we sent, but it looks like it's not going to happen within the time
frame we discussed. So I just wanted to let you know that we're still interested
in pursuing this if and when you are. I will touch base again in a month." Then
send that same message via e-mail, so they have it in writing (and because they
just may respond to this).
2. Check in to see how it's going. This is especially important if they did
award the project to someone else. Let some time go by, then call to see how
it's going. They may have chosen the low bidder and are paying for it now with
low-quality work. If you happen to call and things aren't going well, you might
be just the solution to their problems.
3. Stay in touch. Obviously, you shouldn't stalk your prospects, but you also
mustn't drop out of sight. Let your marketing kick in by staying in touch via
your e-mail newsletter or other ongoing tools.
What to do if you don't get the project
You had high hopes. They seemed enthusiastic, but when you get the call (or
more likely the e-mail message), you find out you weren't chosen. It's hard not
to be disappointed. But the reality is that this is part of doing business.
Don't assume this project is the one and only opportunity you'll have to work
with this prospect.
Think about this as your first proposal, the beginning of a relationship.
Follow up graciously. Thank them for the opportunity, and lay the groundwork
for the future. Let them know you'll stay in touch and would welcome another
chance to submit a proposal.
Ask instead what choice they made and why.
Learn what you can from the experience, and write down how you might do it
differently next time. This will help solidify the experience and keep you
moving forward towards your next proposal.