Cash flow, creativity, and compassion are not mutually exclusive™

Two Tips to Score More Corporate Clients

How-To-Get-More-Corporate-ClientsMany of my clients do amazing work for individuals. They are coaches, consultants, designers, or health and wellness professionals who have transformed the lives of those they serve.

But sometimes, they want bigger things.

They want to expand their client base to include corporate clients and get hired by organizations to do workshops, seminars or just be their go-to (fill in the blank) for the employees. Frankly, there’s just more money there!

But their brand has a problem: they are speaking the language of individuals and not understanding the way the corporate machine works.

See, I’ve been on the corporate side. For a long time. Vendors used to pitch me about their services and talents and I knew exactly what the world of the director or executive was like. I had to say “no” to people I would have loved to work with, simply because this was not a priority or I could not prove the value to the organization well enough.

It’s not enough to stick with the brand benefits you’ve been touting to individuals:

Reduce stress! Stay focused! Increase your self-esteem! Unlock your creativity!

When it comes to selling into large organizations of any kind, you have to bear these two important tips in mind:

  • In some cases, the buyer may not be your end client, which means selling them on what you can do to make them successful.
  • The buyer has to unlock corporate budget, which means tying your work back to corporate value.

The Buyer May Not Be The End Client

The buyer is often in charge of finding people like you, but may not be the person you will serve. For example, you might offer leadership coaching, but you’re being hired by the VP of Human Resources or Talent Development to serve their constituents.

This is important because the benefits you cite are not about the person you’re talking to, but what you can do for their “customers,” so to speak.

Who are they responsible for? What needs do they have to fill for those people?

It’s a subtle shift, but it’s about proving value to a third party. You are serving someone else, but the VP gets to make the decision. What are her goals? What are her success metrics?

Taking our leadership coach as an example: if Claire at Acme Company is responsible for employee retention, satisfaction and management capability, then chances are she needs you. She is responsible for employee success, performance, growth and succession planning. Claire is charged with grooming new leadership. Bingo! In addition to talking about what you bring to her employees, you need to make sure Claire understands how you will help her succeed in her job. Slightly tailored message that needs to be developed, but many of my clients have failed to think about Claire’s world before pitching their services.

The Buyer Must Unlock Corporate Budget

When selling to individuals, or even solopreneurs or start-up founders, they are making the ultimate decision and in many cases, using their own funds to do so.

Not so with corporate clients.

They are spending corporate budgets and need approval. Which means the client must justify how your work benefits the organization at large. It’s not enough to say how much happier, more creative, more mindful, more focused their employees will be from working with you.

You have to tie your work into benefitting the company’s growth or bottom line. (Tweet this!)

This just means taking an extra step or two with your messaging. What does all that great individual work buy the company? If you enable people to handle stress better, then the company can reduce sick days and burnout, which reduces costs and increases productivity. Can you cite any statistics or numbers? That would be insanely effective to convince the powers-that-be to loosen the purse strings.

Or maybe your work is about getting people to think more creativity or trust their intuition. How does this translate to a company benefit? Maybe you’ve seen it in action. Does it improve workplace relationships and foster better internal communications? Does it yield more innovation and employee satisfaction, which in turn helps the company not only stand out in the marketplace but attract the best talent?

Yes, many companies want to do right by their employees simply because it’s the right thing to do. They want them to be happier, to grow, to communicate more effectively, to be healthier. But the dark truth is that while the intentions are good, the bottom-line motives still exist: the expense has to benefit the company at large in some way, such as increasing revenue, lowering costs, decreasing turnover, or even attracting better talent.

The good news is that there are many simple ways to connect the dots when pitching such clients. You just have to remember the world your corporate clients live in and the challenges they face and adjust your message to be relevant.

Photo credit: Benjamin Child, Unsplash

Cash flow, creativity, and compassion are not mutually exclusive™

Heed the mouse: Who do you serve and what do they need?

02.17.15 Brands for all markets (blog)

A trip to Disneyland and my husband’s profound comment recently put me in my place. Here’s the tale:

In my own book, Branding Basics for Small Business (2nd Edition), there’s a passage titled: All Markets Have a Brand Need. In it, I seek to clarify that “brand” is not just about high-end “luxury brands” but about being clear and consistent in the audience you reach and the market need you fill. From page 49:

Sometimes people think brand means expensive, as in “brand name.” High cost and exquisite quality are indeed brand attributes, but you could choose to sell a generic T-shirt or dinnerware that’s cheap and disposable, since certain audience segments have a real need for those items. As long as you clearly convey this message in everything you do, you can become known as the place to buy inexpensive white T-shirts or the most stylish, cheap, disposable dinnerware. Doesn’t mean there’s anything wrong with that.

Having a strong brand doesn’t mean you have to charge the highest prices or offer the highest quality. It’s a nice side effect that often brand loyalty means customers are not buying based on price alone. But if your brand represents low prices (Wal-Mart) you can’t just all of the sudden start charging a boatload.

Brand is about setting expectations – and delivering on them. (Tweet this!)

Witness my recent trip to the Disneyland Resort to deliver a conference keynote. I texted a good friend that the Disney experience was so perplexing. High-touch customer service, calling you by name, a VIP Concierge at my beck and call (well, as the speaker, I guess!), and all staff (cast members) catering to your every whim. Such white-glove service – juxtaposed with people walking into a high-end steakhouse with flip-flops, mouse ears, and football jerseys.

And then I got snarky. As I’m prone to do.

“But such class and yet so much trashiness in one place is very confusing.”

OK, so I’m not proud of the “trashy’ comment. People are on vacation. Sometimes a vacation for which they’ve saved up for years. It was incredibly snobby even though I was just trying to be funny.  (Sorry, I’m human)

When I tempered this remark to my husband later on the phone, explaining how perplexed I was by the contradicting Disney brand experience, this clever man said,

“That’s what Disney is all about, though: that everyone deserves special VIP treatment, especially when they are on vacation. Doesn’t matter who you are: Disney treats you like royalty. That is their brand.”

And it hit me like a ton of bricks. There was no duality in the Disney brand. It was perfectly consistent with that brand strategy, as my husband described it. There are markets for everything and Disney’s market is making everyday people feel like royalty. So you see a wide array of demographics when you visit. Because it’s not about incomes, or tastes, or whether you like the opera or NASCAR. It’s about serving people of all ages who want to experience magic. Who want to be treated like VIP’s. Who want to be awed, delighted and spoiled rotten for a brief period of time.

There are all kinds of markets. And there are indeed all kinds of brands to serve those markets. Disney is not confused. It knows exactly who it serves and why.

The question is: Do you know who you serve? And can those people quickly tell from everything you say, do and offer that you will serve them exactly what they want and need?

Heed the Mouse. He’s a pretty smart little guy, isn’t he? (And so is my husband)

Your turn: Can you describe your target audience’s main desire that you serve? Or do you feel like you sometimes serve multiple audiences and have challenges creating a consistent brand as a result? Fire away in the Comments below!

Image Credit: Sean MacEntee via Flickr