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TSE 1123: Tactically Leveraging Relationships to Land Your Biggest Customers
TSE 1123: Tactically Leveraging Relationships to Land Your Biggest Customers
ratings:
Length:
32 minutes
Released:
Jun 25, 2019
Format:
Podcast episode
Description
Many sellers assume that experience makes them good at building valuable relationships, but there’s an art to tactically leveraging relationships to land your biggest customers. Zvi Band is the co-founder and CEO of Contactually, a relationship-oriented CRM designed to help businesses build and maintain relationships with their networks. He was an introvert in college who hardly ever left his room, but that was before he discovered that relationships would be his best asset. He is the author of the book Success is in Your Sphere. Sharpen your tools Zvi recognized the need for Contactually because he would connect with people and then lose track of them and miss the opportunity. It wasn’t that he was doing a bad job. He was simply so focused on working hard for his existing clients that he lost touch. To measure the strength of your network, he recommends opening any social media tool and considering whether your network would come to your side if you asked for something simple like $20. Then, if you truly believe your relationships are your most important asset, what are you actually doing to nurture those relationships those won’t pay dividends next week but might in the coming months or years? For most people, the answer is, “Not too much.” Tactically leverage relationships The goal should be to build and nurture personal, authentic relationships without any necessary plan or intent. Then, they’ll call us when they’re ready to buy. Or if we call them, they’ll pick up the phone. The problem is that sometimes, we aren’t necessarily sure who is important in our relationships or what our goals are. We must begin by figuring out what we’re trying to accomplish. Are you trying to increase the number of referrals? Increase your close rate or your repeat business? Looking for an entirely different job or different career steps? Clearly identify your goals and then develop everything else to ladder up to those goals. Always take a step back and ask what you’re really trying to do. Nurture opportunities If you’re going to conferences and meetings, you’re likely trying to nurture the opportunities that emerge there. But rather than connecting with everyone there, determine who is there and who you should be working with. For Zvi, that intentional decision shifted who he engaged with when he went to those events. The worst thing we can do is walk in with a set of business cards and have conversations that will never turn into anything real for either party. Those business cards get lost in the washer and you’ve wasted time that could have gone to people you could truly serve. Once you’ve identified who you want to connect with, develop a cadence to make sure you’re staying top of mind. Follow their social media and watch for news about their company. Don’t be afraid to tell your connections that you’re simply working to stay in touch. Value and service Don’t assume follow-up is most important. Focus on value and being of service to someone. The best way we can get what we want in life is by helping others get what they want. That way, as soon as the moment comes where your contact needs what you have, he’ll immediately think of you. When Zvi was nurturing sales opportunities with large brokerages, he wasn’t necessarily trying to pitch them on the value of software. Understand more about the prospect’s business. Work to understand challenges and identify other existing customers who experienced the same issues. Work to show your prospect that you aren’t simply trying to get a dollar. You’re trying to build a successful relationship that will ultimately benefit both of you. “You can have everything in life you want, if you will just help other people get what they want.” -- Zig Ziglar Technological age Technology allows us to connect with so many different people, but the problem is that it does the same for everyone else. That means your customers are being flooded with other ideas an
Released:
Jun 25, 2019
Format:
Podcast episode
Titles in the series (100)
TSE 000: Welcome to the Sales Evangelist Podcast! by The Sales Evangelist