Get Results
Sometimes clients may be reluctant to pay for your services because they just don't appreciate how valuable you are to their business. In many cases it is possible to prove your worth to a client by getting them results that they can measure. If they can see that what you are doing has a solid commercial value then they can't really argue about paying what you are worth to them. This technique works with existing clients when you are trying to negotiate an increase in your rates, but the same technique can be applied to proposals you make to new clients. If you have done similar work before don't be afraid to show your prospective client how your work has benefited others. Value based pricing like this is founded on statistical evidence, and proven results. This is the best way to demonstrate that your work has value. [bctt tweet="How to make your clients realize your worth" username="lilachbullock"] The easiest way to prove that it is your work that produced results is to document every client accomplishment that your work helped promote. Put everything on the list. It doesn't matter how big or small. It all adds up to proving what you have done for your client. For online services your list might look something like this:- X% increase in fans
- X% increase in comments or mentions
- X links on other websites
- X shares on social media
- X% sales increase
A similar idea which you could try at the same time is to list out every job you do for your client. You might think that they already know this, but often they are looking at the big picture, and don't appreciate how much work is involved in the various tasks you do for them. Not every client is aware of how much you are doing for them all the time and it is always helpful to give them a reminder. Put everything down in plain language, without the jargon, and try to arrange the list according to value so your client understands exactly what you are doing, and why it matters to them.
You know your services are valuable, but if you have a new client, or your existing client doesn't release enough figures for you to demonstrate your value in financial terms then you need to find more creative ways to demonstrate your value.
If you encounter a client who doesn't understand the importance of content creation, social media, and blogging etc. There are a few things you can do.
Talk to your client about how your social media services can help them better understand their client base. You could also explain how social media increases their customer service options and improves customer retention. It can also help them to identify customer problems before they grow too big.
With blogging it is important to explain the benefits of being seen as a thought-leader, and to talk about how blogging keeps their brand at the front of the customers mind. You could also spend some time highlighting the SEO benefits of content creation, and how it makes your client easier to find online. [bctt tweet="How to make your clients pay what you are worth for" username="lilachbullock"] Once the client understands just how valuable you are to their business they will begin to see the wisdom in paying more for your services, and will be keen to work with you.Why should they choose you?
The marketplace is crowded, and it's unlikely that the services you offer are entirely unique, so why should a potential client choose to work with you? It's probable that they could get the same service cheaper elsewhere if they went looking for it so why should they stick with you? Perhaps you can differentiate your service on price, but that's not likely, all services have a market rate. If you try to undercut the competition too much you aren't going to be in business for very long, and if you try charging too much then you will probably be out of business even quicker. You can set your rates to anything you like, but unless someone is actually willing to pay them what you are offering has no real value. You are probably going to need another way to stand out from the crowd apart from price. There will be some skill or attribute that you can offer your client that they just can't get elsewhere. You just need to work out what it is. Spend some time thinking about what makes your business special and then focus on that. Give your clients a reason to value what you can do for them.The art of giving extra
Most people do what the client asks, if they didn't they wouldn't be rehired, and word would soon get around that they couldn't be trusted. The problem is that doing what the client expects isn't really enough to show them the value in your work. Everyone wants extra, and to overcome their objections you have to do more than the bare minimum they requested.- You might choose to be known by your fast turnaround times. If you agree to have work completed by Friday, why not send it back to the client a few days early.
- Perhaps you could include something extra in the work that the client isn't expecting. A special bonus doesn't have to be of great value, but it can make all the difference to how the client feels about you.
- You could send a gift to a client who referred you. This not only makes them feel great, but also helps to keep you in their mind, and makes them more likely to refer you in the future.
Stay in touch
Clients like to feel that they can always get in touch with you quickly if they need you. At one time the only way for a client to interact with you was for them to call and request a brochure or arrange a face-to-face meeting. Today we have all the advantages of technology and a growing array of tools available to us to demonstrate to our clients that we really are their best choice, and for them to make contact in whatever way suits them best. With social media, websites, IMs and email on every device there is no excuse for your client not being able to contact you when they need you. The other side to this is that these same tools are also a great way for you to showcase your value to the client, and to give them reasons to keep hiring you. Make use of the tools you have to build trust with your client, and to remind them of your value. [bctt tweet="How to make your clients realize your worth" username="lilachbullock"] Building trust takes time, if you are going to overcome your client’s objections you have to be better than the competition at every stage of the business relationship. Not just the work you do, but everything from first contact, to final sign-off and beyond.Clients come to you in the first place because they appreciate your expertise. They know that you have knowledge or skills that they don't possess. If your client asks for advice in some area, don't be afraid to help them even if it may not be formally part of the contract, or perhaps the contract has already ended. Having a client ask advice puts you in a strong position. You are the expert, and if they are talking to you it is because they trust what you have to say. It also means that they are not talking to your competition so don't be afraid to share what you know, and build that relationship.
Being available and willing to help them says a lot about the way you do business and even if you don't win any more work from that particular client, your reputation will continue to grow as your former client tells others about how you have helped them.Show your clients that you make their lives easier
Too many businesses take a one-size fits all approach to clients. They develop services and solutions and then offer them to their clients. That doesn't work well if you want clients to see the value in what you are offering. Clients need to feel that they are special, and that what you are doing is just for them. They like to feel that they are your only client, even if they know they aren't.
Interact with your clients in a way that demonstrates that what you are offering can specifically help them, and improve their business.
For new clients why not consider a welcome pack that introduces your business and helps them understand more about your business and how you operate. This can work well as an icebreaker, and establish your brand more firmly in their mind.
You could include:
- An official letter to your client
- An 'About us' note – tell the client a little of your business story
- An FAQ’s sheet answering their most common questions
- Examples of past work and an explanation of what to expect from you
- Try to talk in person, or on the phone, rather than by email
- Report to them consistently so they know what's going on
- Avoid general email blasts sent to all your clients
Communicate well
It can come as a surprise to some people that communication involves more than just talking. You need to know how to listen as well. To gain your clients trust quickly you need to communicate, that's not just you explaining what you want to offer to them, but also taking the time to listen to them, to understand their questions and concerns and to respond appropriately. When you are sure that you have fully understood what they are asking you should respond in detail. Be as clear as you can about your work-flow, pricing details, and make sure you clarify any possible points of concern or misconceptions. Most of the issues in client relationships come from a lack of clear communication, which leaves the two parties with different expectations about the project outcomes. [bctt tweet="How to make your clients pay what you are worth for" username="lilachbullock"]Keep them involved
Communication isn't just important at the start of a project. You must maintain that communication throughout the process. Let them know what is going on at every stage, even when it doesn't directly impact on their business. You are building trust and transparency throughout this process. Explain to your client what it is you are doing, and why you are doing it.- Provide them with regular reports demonstrating the work you have done
- Provide statistical evidence of the success of your work
- Actively seek out ways to demonstrate that you are offering a valuable service to them
Improve your marketing methods
Many companies give in to the temptation to stick with what works. If you have a working method that has proved successful in the past, that doesn't mean that there isn't a better way of doing things, or that these methods will retain your customers into the future. Taking time to try out new tools, and new methods will help you to stay on top of the latest trends in your industry and re-energize your business for the future.Be prepared for complaints or constructive criticism
Complaints are a fact of business life. You aren't going to get it right every time. Sometimes you will misunderstand what is required, and sometimes your client will not explain themselves well. However it happens, be prepared for complaints. When the negative comments come don't make excuses. Address the issues raised from the front, and work with the client to find a solution that works for them. When a client brings a complaint to you they are actually doing you two huge favours.- They are giving you the chance to improve and to get it right next time.
- They are talking to you about the problem instead of heading straight for your competitors, or ranting about you in an online forum where their words will be available for the rest of the world to view for years.
Conclusion
By following these techniques you will be strengthening your relationships with your clients, gaining their trust, and helping them to see the value in your services. It is only by helping them to understand exactly how you benefit their business that you can overcome the objections of clients, and start to earn what you are really worth. What other ways have you found to overcome the objections of clients? How do you demonstrate your worth to them? Let me know in the comments below. If you have benefited from this post then don't forget to share it so others can enjoy it too.Want AI doing the heavy lifting in your marketing?
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