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Stop working for low quality clients. Seriously. Stop it!

By Jim Connolly | July 3, 2016

marketing blogs, bake marketing

If you are tired of working for low value clients, I have an idea I would like to share with you. It has helped me attract the best clients, avoid the worst clients and build an extremely successful business.

It can do the same for you. Allow me to explain.

Making a very deliberate choice

Before deciding to accept a new client, I ask myself the following question: Is this prospective client worthy of my best work?

  • If the answer is Yes, I accept them as a client and provide them with the best work I am capable of.
  • If the answer is No, I don’t work with them.

That decision puts a series of success factors into play, which creates the perfect foundation for business success.

Here’s the payback!

I have never had a cash flow problem. I have never had to face a client I didn’t enjoy working with. And I’ve always had the freedom to do my very best work. This is extremely important. Here’s why!

By being able to do my best work, my clients get great results… so my client retention is exceptionally high. Equally, my clients and former clients are a constant source of wonderful new clients.

The typical small business takes the opposite approach. And it locks them in a cycle that damages their business. What they do, is accept almost any client, who has the means to pay them.

As a direct result, they often work for clients who pay them too little or clients with dull, uninspiring projects. That’s not the scenario where professionals produce their best work. So, they get fewer client referrals and become stuck in a cycle of working with low quality clients.

Every business owner, including you, already makes the decision. You either decide to work with the people worthy of your best work or to compromise and work for those who are not.

Beggars can’t be choosers, Jim!

When I share this idea with business owners, the typical answer from those who will work with anyone, is that beggars can’t be choosers.

The thing is:

  1. They are business owners, not beggars.
  2. They are already choosing, by choosing to work for low value clients.

High value clients lead to more high value clients, as they recommend you to their friends and you become known for servicing the quality end of the market.

Low value clients lead to more low value clients, as you become pigeon-holed as servicing the low value end of your marketplace.

So, build the right foundations for your business. Intentionally choose great clients. And if you think you can’t afford to be choosy, wait until you see the long term cost of not being choosy enough.

Quit stalling. You don’t need more time!

By Jim Connolly | July 1, 2016

Once you’ve created a plan, spoken to the right people and done the research, it’s time to ship. It’s time to produce. It’s time to make it happen.

So stop stalling. Stop making excuses. Stop waiting for things to be perfect.

You don’t need more time. What you need is the courage to ship.

When times are uncertain

By Jim Connolly | June 30, 2016

marketing advice, marketing help, bizdev

We live in uncertain times. And your marketplace hates uncertainty. It makes them anxious. It causes them stress.

Here’s what we know

When times are uncertain, people seek leadership. They actively look for those who display courage and direction.

If you’re a leader [or a leader in waiting], there’s never been a better time to demonstrate your leadership.

Because that’s what your marketplace is looking for right now. And they value it enormously.

It’s time to do some baking

By Jim Connolly | June 28, 2016

marketing blogs, bake marketing

The most successful businesses bake marketing into their services. In this post, I will explain what that means and why you should do the same.

If you have not heard the term before, baking marketing into a service (or product) means creating something, which is of so much value and interest that people want to buy it and also tell their friends about it. This is how products like the iPhone and services like Uber grew so popular, so fast.

Most small business owners do the opposite

Look around you at your competitors and you will notice how similar they are. Remarkably so. In fact, their similarity to one another is the only remarkable thing about them. So, they try and undercut one another on prices or fees, out network one another or outspend one another on marketing.

They are focusing their time and money in completely the wrong direction. They are trying to get people interested in something, which isn’t interesting. This is a costly, avoidable mistake.

I want something far better for you and your business!

Bake marketing into what you do

Today, I am going to ask you to consider doing something bold. I’m asking you to consider adding value (huge value) to what you market… your core products or services.

Why? Because you can waste years of your time trying to sell a service, which is simply not interesting enough to the marketplace. Great marketing is no substitute for a dull product or service.

The reason there is so much uninspiring stuff out there, is that business owners tend to be passionate about the products or services they provide. This happens, regardless of how generic or average their products or services are. Business owners are often blind to just how insipid their offering is. In Steven Pressfield’s new book, No one wants to read your sh*t, he calls this mindset client’s disease.

Conversely, a service that is of exceptional value will often sell itself, as people are so impressed with it that they spread the word. I regularly speak with business owners who don’t need to spend a penny on advertising, because their customers and their marketplace are always recommending them.

Most small business owners use the opposite approach. Instead of inspiring people with the story behind their business, they try to motivate uninspired people to talk about their uninspiring offerings.

  • Some offer commissions.
  • Others try to pester people into recommending them.
  • Many join networking clubs, hoping that social pressure, reciprocity or rules of membership, will force people to talk about them.
  • Some spam us with unsolicited emails or pester us on social networks.

All of those work to a degree, but you can do massively better by shifting your focus 180 degrees!

Here’s why.

  • If you are the only person proactively telling the world about your business, your growth will be limited. You can only pester so many people. You can only attend so many networking groups.
  • If your offering is remarkable enough that people tell people about it — and these people tell people about it — and these people tell people about it… you have a highly successful business on your hands.

Here’s what we know: People do not need to be pestered or pressured into recommending a GREAT service. They automatically spread the word when they encounter something exceptional. However, we must first give people something worth talking about… a story worth sharing.

When we do, they can’t help themselves. They shout from the rooftops.

A better approach

The alternative is to bake marketing into what you do. Here are some suggestions to get you started.

  • Observe your marketplace and develop a product or service, which is based on what they want. This is way better than offering your version of what your competitors already provide.
  • Give people a story about you or your business that’s worth sharing. This means having the courage to be different. Easier said than done, but essential if you want to attract the interest of your marketplace.
  • Deliver a customer experience that stands out for all the right reasons. Pull out all the stops. Leave your clients and prospective clients feeling moved and roused by the experience of working with you, visiting you or connecting with you.
  • Demonstrate your passion for what you do and your desire to help others. Passion stands out. Passion is infectious.
  • Have outsiders. You can’t have insiders without outsiders. Insiders are the people who buy from you. Insiders are the people your services are aimed at. Don’t try and be all things to all people. If you do, your story will be vague and cease to motivate people.
  • Learn from the products and services that you recommend. Think about what drives you to spread the word about certain businesses. What lessons can be adapted from what they do and used in your business, to help you deliver something remarkable?

Just don’t fall into the trap of trying to get people inspired about an uninspiring service or product. It’s expensive, low leverage, frustrating and places a very low ceiling on your potential.

Your possibilities are limitless

By Jim Connolly | June 26, 2016

marketing blogs, marketing help

Give one person a pen and a pad and they will scope out an exciting, new idea or maybe compose a poem.

Give another person that same pen and a pad and they will write a shopping list with it.

The pen. The pad. They’re just tools. It’s what you do with them that creates the value.

This begs the question

You have an internet connection, which offers you access to a global audience of millions. And this access comes to you, with little if any financial cost attached. It’s an opportunity our parents and their parents could never have imagined.

The question is, what are you going to do with it?

Focus on the possibilities. Because, my friend, they are limitless.

Your prices must match your promises. Here’s why!

By Jim Connolly | June 23, 2016

marketing help, prices, fees

Here’s a quick marketing tip, which can help you significantly increase sales or attract more clients. It could give you a powerful, competitive advantage!

It starts with understanding that your prices (or fees) are a part of your story. An important part, too. They allow a prospective client to determine where you fit in. Your prices clearly state, in hard figures, whether you regard your goods or services as budget, high quality or somewhere in-between.

So, are your prices consistent with your story?

Prices and promises

Your business will struggle, if you claim to offer a great service… yet charge an average or below average fee. Prospective customers and clients know that premium services come at a premium. So when your marketing is all about quality, but your prices are all about cheap or average, they immediately sense something is wrong.

It’s the same as claiming to offer a bargain basement service, then quoting a premium price for it.

In both cases, you give prospective customers a mixed message. This instantly dents their trust and when that happens, you lose them. A sale, sales lead or new client enquiry is lost.

I don’t want that to happen to you. So, here’s what you need to know!

How to get it right

If you want to attract more sales or client enquiries, you need to get the balance right. It’s not difficult.

  • To attract premium customers, charge a premium and explain exactly what they will get for that extra investment. This is how you sell successfully to premium customers.
  • To attract price-conscious customers, charge a bargain price and explain how you manage to keep your prices so low. This is how you sell successfully to price-conscious customers.

Just don’t mix the two!

Premium customers will be put off by bargain basement prices and cost-conscious customers will be put off by premium prices.

P.S. Read this: It explains why storytelling is the cornerstone of your marketing.

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Jim Connolly

Hi! I'm Jim Connolly and I use creative marketing to help small business owners increase sales, boost profits and build amazing businesses. Read more here.

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