Strategy #6 Originally published with Electrical Contractors Association of Ontario
Could this article be more timely?
Over the past several months (more than a year, in fact), you’ve been seeing articles relating to the
of MLJ Coaching International, which are covered in depth in our 1-year-long-and-deep Trade-Contractors’ Business Strategies Program .
of MLJ Coaching International, which are covered in depth in our 1-year-long-and-deep Trade-Contractors’ Business Strategies Program .
Today’s article focuses on Strategy #6: GET REFERRALS from IMPRESSED CLIENTELE. Empower your customers to do your marketing for you.
As my grandmother always said, there’s a silver lining behind every cloud. Behind this cloud of economic change/turmoil/uncertainty, where some of you are bidding many more jobs just to keep everyone employed, while others are still just as busy as you always were, is quiet time.
Quiet time?! you exclaim. Sure, if you stop filling it with running around in circles and fretting with your colleagues about today’s challenges. There are challenges in business every day. That’s why we all got into business for ourselves in the first place … remember?
What I encourage you to do during this “quiet time” that you would have, if you weren’t filling it with low priority activities, is to focus on marketing your business. One of my clients knows everything I have to say about IMPRESSING your CUSTOMERS so that you’ll get more work from them as well as GET REFERRALS from them for new customers. He’s also heard, through our 1-year-long-and-deep Trade-Contractors’ Business Strategies Program all of the simple, low-investment marketing tips I have. The funny thing is that this year, when he went on his multi-day retreat to complete his 2nd-ever 3-year vision, he came upon the notes, yet again, for Strategy #6 in our 7 Key Strategies: GET REFERRALS from IMPRESSED CLIENTELE. Empower your customers to do your marketing for you.
Marketing is the process by which we get the word out about us, our services and products, what our specialty is, and why prospective customers would choose us over all the other options they have. Marketing, simply put, is creating awareness. Marketing is also the process by which we close the gap between our business and the businesses we choose to accept as customers. Customers are always chosen for their ability to help us grow our businesses. Through our marketing we eliminate those with whom we do not want to work.
How many associations do you belong to? How frequently do you attend the meetings? I know many contractors who belong to a multitude of associations … all for 1 reason or another. Yet these contractors very seldom attend association meetings. Why not? After all, membership is simply a tool. Left on the shelf that tool is useless. Association gatherings are ideal places to chat with people who know people who require services just like what you offer. Did you know that everyone knows 100 people? And I know you do know that birds of a feather flock together. Business relationships are built on personal relationships. I’m not saying close, intimate relationships, but personal relationships, nonetheless.
Networking is the most powerful form of marketing there is, and I know you know this. Think back to how your business grew in the first place. We call it “word-of-mouth” in English (and “de la bouche a l’oreille” en Francais). Over the years I’ve heard many a commercial contractor tell me that I just don’t understand. They tell me that the lowest bid wins every single time … and that’s that! Maybe so in their area. So, in a workshop of some 10-50 trade-contractors I always ask: Has anyone here been awarded a contract when you knew you hadn’t submitted the lowest bid? In response I hear many “Yes”s. Then, even the person who had made the initial claim that “low bid wins” will admit that “Yes,” he has had invitations to bid and even been hired without a bidding process. There’s usually one in every workshop who speaks up about it, telling me there are several of you thinking it. These trade-contractors actually believe what they hear – lowest bid wins – and haven’t even, on their own, done a reality check to identify to themselves the falsehood in the belief.
Limiting beliefs do as their name implies. These beliefs (and we’re full of them) limit us. They limit our growth as people, as well as limiting the growth of our businesses. In fact, there’s a whole study of the subconscious mind, the part of our mind that stops us from doing what we haven’t done before. The subconscious mind is there for our survival. We recognize it as our “feelings.” The subconscious mind will interrupt us, put obstacles in our way, encourage us to get off-track at every opportunity … because the subconscious mind, never having “been there nor done that” before is fearful that we won’t survive the change. And because it’s our own mind, we blindly go where our mind guides us. WEIRD, eh? But true!
I started 1-on-1 coaching a new client early last fall. It was really tough going for him … battling his subconscious mind all the way! He was getting great results, nonetheless, thanks to having proper support to move forward despite his lack of confidence. By early spring, this client spent a good deal of time “sharing a story” with me “that just goes to prove that what you [I] say is true.” At the end of his story I asked: “Can you remind me what it is I said that this story proves?”
My client had just been awarded a contract, on which he hadn’t even bid, directly by the owner of the project, who he had never met before. This customer had a general who knows, likes and trusts my client and the work my client’s company does and this general had told his customer that for that job his customer wanted my client. The customer met my client for the first time in my client’s office, simply gave my client the job, handed him the competition’s quote and said “I hear you’re the best one for this job. I just want you to make sure that you include everything in the job that these people would have.” And the words I say for which this story was proof? “Keep your prices where they need to be without gouging, and through impressing your customers including, painlessly for the customer, making things right whenever a mistake occurs you will get referrals. By the way, the company that had bid on the project had a much lower bid than the price my client gave to the customer. A good reputation is worth far more than dollars and cents.
The silver lining? When you analyze where you’re investing your time (Strategy #2) if you find yourself running around, ploughing through the day with your head down, or flying by the seat of your pants …
. Invest that time, instead, in building and strengthening relationships so that you will have that many more customers who know, like and trust you, your company, your work and you will GET MORE REFERRALS from even more IMPRESSED CLIENTELE.
. Invest that time, instead, in building and strengthening relationships so that you will have that many more customers who know, like and trust you, your company, your work and you will GET MORE REFERRALS from even more IMPRESSED CLIENTELE.
Jim took advantage of many manufacturing jobs being “on hold” to invest time in marketing. He told me “We have not had to do any down-sizing and have just landed our biggest job to date.” Jim tells us that the marketing strategy was the best of the 7 for his company. Read more at http://www.mljcoaching.com/testimonials/
The silver lining behind today’s cloud is the time you now have, if you’re finding yourself caught in an economic crunch. After all, why would one want to do a job they’re going to lose money on? (And there are people who do!) Instead,
1. Block time in your agenda right now to take your customers a coffee or lunch, spend a few minutes in idle chit-chat, show them your appreciation and strengthen your relationships with them. Ask them: How can I help you?
2. Send a simple, little newsletter out to your entire customer base, with a simple, little “Did you know …” message in it, educating them on something relative which they may not know.
3. Create a networking system. Have your secretary pay attention to the association notices that come in and book you in to the events and meetings (wouldn’t it be more fun to be golfing or enjoying camaraderie and laughing than to be fretting over whether or not to bid this job because it hardly even seems worth your time?).
4. FOLLOW THROUGH on the coffee visits and association activities and meetings, as well as educating your customers on one topic at-a-time, while helping them keep you front-of-mind.
1. Block time in your agenda right now to take your customers a coffee or lunch, spend a few minutes in idle chit-chat, show them your appreciation and strengthen your relationships with them. Ask them: How can I help you?
2. Send a simple, little newsletter out to your entire customer base, with a simple, little “Did you know …” message in it, educating them on something relative which they may not know.
3. Create a networking system. Have your secretary pay attention to the association notices that come in and book you in to the events and meetings (wouldn’t it be more fun to be golfing or enjoying camaraderie and laughing than to be fretting over whether or not to bid this job because it hardly even seems worth your time?).
4. FOLLOW THROUGH on the coffee visits and association activities and meetings, as well as educating your customers on one topic at-a-time, while helping them keep you front-of-mind.
Simple as that!
In the next issue we’ll focus on Strategy #7, which Wayne has taken seriously. He’s taking his first-ever 2-week summer vacation! You can, too, when you focus on how to GET A LIFE (outside of the business). Let Wayne tell you, himself, at http://www.mljcoaching.com/cases/electrical/
M. Lynne Jacob, Business Success Coach, of MLJ Coaching International, works almost exclusively with contractors in the construction industry after having been the general contractor in building their home in 2004. Lynne readily admits that she didn’t know what she didn’t know.
Lynne’s Menu of Services include a time-management e-course, an e-book, New-Hire / Existing Employee coaching, 1-on-1 Executive coaching, Communication Workshops for & with your teams, business training by tele-seminar, 7 Simple Strategies 4 Succe$$ in-a-binder, for entrepreneurs and managers. See details & register at http://www.mljcoaching.com/success/7ss4s/.
Or go directly to the top with The Trade-Contractors’ Business Strategies Program, a year-long-and-deep business training & coaching program for construction contractors and their teams, covering
which are key to every successful business, helping you EARN MORE PROFITS while having MORE TIME OFF. www.TradeContractorsBusinessStrategies.com
which are key to every successful business, helping you EARN MORE PROFITS while having MORE TIME OFF. www.TradeContractorsBusinessStrategies.com
M. Lynne Jacob, Certified Professional Coach (Diploma)
Lynne@mljcoaching.com
Direct Line: 613-353-9941 Direct Fax: 1-888-727-1732
Lynne@mljcoaching.com
Direct Line: 613-353-9941 Direct Fax: 1-888-727-1732
