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Major Accounts: Winning Business with the Big Guys
Written by: Catherine McQuaidArticle Overview: How often have you done good work and then do not get other business from that client? As smaller or specialized service providers, it may be that our services have limited applications. Nevertheless, if we are to grow our businesses, repeat engagements are vital to securing predictable revenue. How then, do you make your specific expertise or offering have a broader relevance?
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Free Download - New Business Development: Pipelines Wide and Deep By Catherine McQuaid |
Major Accounts: Winning Business with the Big Guys
How often have you done good work for a big client and we think our future is secured? Then, we don't get other business from that client and we wonder what went wrong.
As smaller or specialized service providers, it may be that our services have limited applications. Nevertheless, if we are to grow our businesses, repeat engagements are vital to securing predictable revenue.
How then, do you make your specific expertise or offering have a broader relevance?
You may need to:
1. Reach outside your geographic limitations
2. Win business in larger companies with multiple lines of business (which means multiple points of entry and multiple purchasers)
3. Tell your story so it has a broader appeal, making your offering relevant to fundamental business concerns across several industries
CM Associates’ methodology enables clients to extend their reach and relevance, without breaking the bank.
When CM Associates works with clients to reach outside their local market, we often start with a discussion of remote delivery. Many service providers believe that being face-to-face is their biggest value-add.
This view may not be shared by your clients. If potential clients are willing to work with smaller firms, this is often because they need a nimble partner.
Partnering with a large client to meet specific needs rather than delivering off-the-shelf solutions may be perceived by your client as being more valuable than showing up in their offices.
Speed-to-market and remote support is where smaller firms can outdistance larger competitors. If your service offering can be delivered by remote means AND be highly customized, your size and location may be irrelevant to a potential client.
ASK US: “How do we become market-ready for Big Game Hunting?”
cmassociates@sympatico.ca
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About the Author: Catherine McQuaid RSS for Catherine's articles - Visit Catherine's website Catherine McQuaid acquires major accounts for business services companies. http://www.huntnewbiz.com/ Use our stuff. Let us know if it works for you.
Click here to visit Catherine's website Winning New Business A Beach Head Project Major Accounts Winning Business with the Big Guys New Business Development Pipelines Wide and Deep New Business Becoming a Preferred Vendor Win New Clients CLevel Entry |
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