SME SURVIVAL/thriving – 21 Prospecting Tips

Owning, managing, and working in a small to medium sized enterprise can be challenging for everyone. The marketplace in which all “for-profit’s” and even “not-for-profit’s” is extremely competitive and very unforgiving. All organizations need to go to “market” for sales and services, some for donations, all customer/client interactions are about surviving in their purest form. Today’s post is about doing much more than surviving, it’s about tips to help you and whatever the purpose of your organization is to thrive.

Have written goals (short/medium/long term), including daily targets. The simple act of writing down and posting (someplace you will see) will help you to achieve your personal targets and the targets for your organization. Find creative ways to make your goals a reality. Look to see what other similar people and organizations are doing, “ideastorm” with your colleagues and coworkers to find and nurture new and original ideas. Know that there is always a better way to do things.

Walk every “in-person” customer to the door and thank them sincerely for patronizing your organization. Figuratively do the same thing for telephone or online. Be conscious of how the other person feels, their concerns, and how they feel when they are finished interacting with you.

Always take complete care of your customer. For salespeople, when a customer has decided to purchase from you, ensure they have everything they need to enjoy their purchase. Additionally, make a point of asking “Is there is anything else they would like today?”  Simply questions make a big difference and also avoid unexpected surprises and issues.

Keep a “Sales-Lead” journal with names, contact information, and desired items and then follow up. Ask mentioned above, “asking permission is the key to prospecting;” however, following up is the key to converting prospecting to reality. Prospecting is hard work and being organized will help, use a simple database to track and access your leads.

Don’t abdicate your expertise. For large purchases, few customers or clients make these purchases regularly, never tell them to look around and say, “I’ll check back with you later if you have any questions.” Your job is to build rapport, trust, and to educate your client/customers on what is available and how best to chose what will meet their wants and needs. Always take every opportunity to deliver value and share your knowledge of what is in the marketplace but in the appropriate measures for your customer or client.

Invite undecided clients/customers to your events. Whether “for-profit” or “not-for-profit” inviting customers and clients to your events, to see value for themselves can be invaluable for people who haven’t made a decision yet. In the sales arena, I know of a handful of truly great salespeople who rely almost 100% this type of interaction, called “ask fors” each day.

Build your reputation on positives. Try never to find fault with those upon who you rely. Instead of pointing out negatives, find ways to correct behavior by noticing the positives of your coworkers, colleagues, customers and clients. One of my mentors, use the phrase, “Always take the high road” when dealing with people rather than complaining and finding fault.

Become an expert on your competition. Awareness and knowledge are the building blocks of prospecting. Appreciating value and communicating that to the appropriate audience key to delivering an exception customer service experience.

Watch and learn from your co-workers. What do they do well that you can incorporate, what do they do poorly so you can avoid doing the same yourself. Seek out mentors, role-play scenarios of those interactions you wish to improve, and share your expertise to help those who seek could benefit from your knowledge.

Measure your efforts. Keep track of your efforts, over time you will find processes that work and some that don’t for you. You will find your prospecting method with evolve and grow as you try newer and better method. Your improvement will be incremental and measuring your success will help you stay motivated and inspired.

Prospecting is hard. Prospecting doesn’t work overnight. The success rate of prospecting might be one customer or client in forty or more attempts. Few people prospect well; however, the rewards are worth the low return percentage. Everything you do to improve yourself, not only will help with prospecting, but it will also pay dividends for everyone else you serve. You will survive and you will thrive.

Good luck,

Paul