No doubt you have heard the story about Wintson Churchill's speech to gathering of high school students following the War. When the time came for him to speak, he walked to the microphone and said: "Never give up! Never give up! Never give up!" and then sat back down. It was this indomitable spirit that enabled him to instill courage in a nation in the face of almost certain defeat during World War II.
I am frequently asked by new owners how long it takes to get contracts with clients in place. To frame my response, I usually begin by telling the story of my first national contract which was awarded after 87 separate contacts. Their shocked response sets the context for a conversation about persistence and client development.
This morning I was reading the 2nd Edition of the book, RainMaking, by Ford Harding. In a chapter on cold calling that is focused on client development, he notes that most sales people give up too soon. He describes the pathology that sets in even for confident, generally successful sales professionals; how they begin to feel undervalued and assume that they are making themselves a nuisance to the prospective client. He then provides a diagram of two of his own client development projects that illustrates the number of calls both directly to the client and also ancillary contacts in an attempt to get through to the client. Both projects were successful in the final analysis, but required 28 and 30 calls each respectively including 10-12 calls to ancillary individuals within the organization.
Greg Doersching reminds us that...
- You have to make contact with a person 3 times before they remember you name
- You have to make contact with a person 5 times before they remember what you are selling
- You have to make contact with a person 7 times before they are ready to buy from you
Fact is that 85% of recruiters call a single client 3 times or less before they give up on getting their business. Our client development process assumes that we must touch base with a choice client more than seven times (and creatively) if we are to be really successful.
You will notice a new checklist under the client "fields" tab in our database entitled "Process Checklist." This checklist outlines our nine separate steps to winning new clients. We will be fleshing out this process over the next week or so.
Suffice it to say that the key to client development is, to quote "Bull Dog" Winston Churchill, to "never give up."