How To Avoid “That Don’t Impress Me Much” Reactions To Your Pitch
Our last post detailed how to learn about your “big fish” and prepare for the first contact you’ll make with them. This first contact is essential to your success. You need to instill confidence in them. They need to know you can fulfill exactly what you are offering on time, at a good price, and at the high-quality level you promise.
Today, we’ll dive into the big approach and how to make that perfect first impression. Before you put together your approach plan, you need to choose which big fish you’re going after. Take a look at your notes and the research you’ve done about prospective fish. Then decide which one will be the easiest approach to start out with.
There are a series of things to go through in choosing which fish to start with. They are:
- Compile Your Hit List
- Select the Best Target
- Position Your Business
Compile Your Hit List
Start with a list of all the companies you’ve been considering. Then, narrow it down to the ones you know could use your products or services. Don’t overlook obvious choices, whether they are big or small. Remember, even small companies could be big fish in the future.
Select the Best Target
Once you’ve got your list narrowed down, you need to decide which one is the best fish to start with. You need to consider a couple of things:
- Which have the most purchasing resources to spend?
- Does their company vision complement yours?
- What are their employee incentive programs as they relate to your products/services?
- What’s the company’s real need for you?
- Will the partnership lead you off-course?
Position Your Business
You need to be crystal clear on your market-dominating position, your USP, how you intend to prioritize and serve the larger client(s), and what everyone’s role is on the deal pursuit team.
The more prepared you are for the upcoming calls and meetings with the big fish the better. Lack of preparation at any stage of the pre-sales or sales cycle will immediately cause the larger prospect to think, “That don’t impress me much!” a la Shania Twain in the late 90s and eliminate you from contention. It is 2020 after all, so get in the game and get after it…
Assuming you now have a target prospect in mind to pursue and you’re approach is locked in, it’s time to execute your plan.
Here’s the step-by-step plan to help you make a good first impression:
- Build and analyze your database. Divide your leads into three different categories: hot leads, great fits, and secondary leads.
- Send out introductory mailings to your target to introduce yourself and your company’s services, products, and vision. They need to be short, clean, and concise.
- Follow up with your first phone call 2-3 days after they would have received the mailings. During the phone call, find out whom you need to be speaking with in the future and try to set up a meeting with the right person.
- Follow up your phone call with another mailing that thanks them for taking the time to speak with you and offer more details about your products/services. Use this letter as an opportunity to set up a meeting to do a presentation.
- Follow up the letter with another phone call a couple of days after they would have received the letter. This phone call is to help you further develop your relationship with the prospective client. You should also be able to set up a
presentation meeting with them.
- Call again a week later if they haven’t agreed to a meeting or presentation. Ask if they received your creative letter (the second one) and if they have a minute when you can stop by and introduce yourself in person.
Now, don’t be upset if you don’t seal the deal right away. Some people simply take a little longer to woo. This can all be a little intimidating at first, but when you know you are offering a quality product/service, you can’t go wrong. Once you’ve gone through this process and make the first contact (and hopefully a good first impression) it’s time to put your best salesperson or team forward to seal the deal.
If you need help putting together your approach to make a good first impression, our customer experience strategists and revenue growth acceleration coaches can help you formulate your initial prospecting and ongoing follow-up campaigns. Additionally, the RevSherpas Growth Academy gives you and your team access to a wealth of innovative business growth strategies and industry-tailored advertising tools and templates to streamline your sales processes, shorten sales cycles, and boost revenues.
What are you waiting for? Land the big fish TODAY and elevate your business or practice to the top with RevSherpas!