The Perfect Bait

In the last post, we talked about how to learn about your big fish and prepare for the first contact you’ll make with them. This first contact is essential to your success, and you must instil confidence in them. They need to know you can fulfil exactly what you are offering on time, at a reasonable price and at the quality you promise. 

Today we’ll go through the excellent approach and how to make that perfect first impression. Before you put together your approach plan, you must choose which big fish you’re going after. Take a look at your notes and the research you’ve done about prospective fish. Then decide which one will be the most straightforward approach to start.

There are many things to go through in choosing which fish to start. 

They are:

  • Position Your Business
  • Compile Your Hit List
  • Select the Best Target

Position Your Business 

You must position your business to make the first move by listing your revenue streams, your operational procedures, where your fish is initially positioned, your big-customer research, and putting it all together.

Compile Your Hit List

Start with a list of all the companies you’ve been considering. Then narrow it down to the ones who know could use your products or services. Don’t overlook obvious choices, whether they are big or small. Even small companies could be big fish in the future.

Select the Best Target 

Once you’ve got your list narrowed down, you need to decide which one is the best fish to start. You need to consider a couple of things:

  • Which have the most purchasing resources to spend?
  • Does their company vision compliment yours?
  • What are their employee incentive programs related to your products/services?
  • What’s the company’s actual need for you?
  • Will the partnership lead you off-course?

Now you should have a target in mind to start with. It’s time to plan your approach and execute that plan.

Here’s the step-by-step plan to help you make an excellent first impression:

  1. Build and analyze your database. Divide your leads into three different categories: hot leads, great fits, and secondary leads.
  2. Send initial mailings to your target to introduce yourself, your company, services, products, and vision. They need to be short, clean, and concise. 
  3. Follow up with your first phone call 2-3 days after they would have received the mailings. During the phone call, find out whom you need to speak with in the future and try to set up a meeting with the right person.
  4. Follow up your phone call with another mailing that thanks them for taking the time to speak with you and offer more details about your products/services. Use this letter an opportunity to set up a meeting to do a presentation.
  5. Follow up the letter with another phone call a couple of days after they would have received the letter. This phone call will help you further develop your relationship with the prospective client. You should also be able to set up a presentation meeting with them. 
  6. Call again a week later if they haven’t agreed to a meeting or presentation. Ask if they received your creative letter (the second one) and if they have a minute when you can stop by and introduce yourself in person.

Now, don’t be upset if you don’t seal the deal right away. Some people take a little longer to woo. This can all be a little intimidating at first, but you can’t go wrong when you know you are offering a quality product/service.

Once you’ve gone through this process and made first contact (and hopefully a good first impression), it’s time to put your best face forward, which means sending the right salesperson to seal the deal.

If you need help putting together your approach and making an excellent first impression, try our FREE test drive to work with a coach and have access to a wealth of great resources and tools.