You know how it goes...you've set up on your own, survived the first year and struggled through half of the second. Small accounts, but nothing big. And then all of a sudden, that first big deal lands in your lap, the saviour of your fledgling business. How did it happen? Tempting though it is to think so, this big deal was not, repeat not down to luck. It was all down to your absolute focus on business strategy. Because you planned how you'd go about landing those big ones, didn't you? Like this, maybe..?
1. You made a list of all potential clients. Prospecting for gold. You researched these prospects, finding out as much as possible about them. How much their advertising spend is, how much they spend on the products or services you offer.
2. Think creatively, out of the box. Everyone and their auntie is going after the obvious, so try to identify the others who might be interested in doing business with you. Learn their corporate-speak, their jargon. Try to think like they do.
3. Look professional. Big businesses want to have confidence that you can deliver and this means looking the part. Your website needs to be all-singing-all-dancing, not something you bought off the peg on a CD-Rom. Make sure your business cards are high quality and your company stationary is top-notch.
4. Network. Try to use your contacts to meet folks who work for your prospects. Learn about the key people in the business and which buttons to press to engage with them. Introductions can go a long way towards cementing the deal, sometimes swinging the deal by overcoming slight uncertainty of unknowns.
5. Listen well. Believe it or not, the big companies want to do business with smaller ones. This is because they value the speed and flexibility which allow small firms to get things done more efficiently and timeously. So listen out for the opportunities and jump right in. Learn how to provide what they are looking for. They won't give you a second chance so listen well and give them what they want.
Of course, it doesn't end with the handshake. You have to feed and nurture your Tiger. And hunt down other Tigers because management changes may mean you're pitching from scratch all over again. Don't put all your eggs in one basket as they say and diversify your client list as broadly as possible.
Is this how you anded your big Tiger ? no, well, maybe its worth thinking about if you want to lead and grow your business through its formative years....
