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.