UNDERSTANDING THE CORPORATE BUYER

Selling your services to corporations is an attractivesomeone else in the organization.
proposition. The contracts are larger than with smallA supervisor must justify choices to a manager, the
businesses and individuals, and often longer-term.manager to an executive, the executive to the CEO,
There's the possibility of repeat business worth manythe CEO to the board, the board to the shareholders.
billable hours at respectable rates.Each one of these people wants to look good to the
But the best clients are not always the easiest tonext link up the chain, and dreads making a public
get. If you don't grasp the realities of the corporatemistake. If you want your sale to go through, you
environment, you may sabotage even a hot lead.need to provide your contact with EVIDENCE why
Here are five important keys to working with theyou and your solution are the best choice.
corporate buyer.4. The bottom line rules. When you provide your
1. Managers are busy. This is just as true in economicevidence, it had better include dollars and cents. If
downturns as during a boom. When business is slow,you are more expensive than your competition, what
unnecessary employees get laid off. The people leftadded value will you provide? If hiring you will cost
behind have to pick up the slack.more than solving the company's problem in some
Busy people ignore unsolicited email and letters, andother way, what tangible benefits will they receive
will not return your phone calls. Even when you are inthat make the added expense worthwhile?
the final stages of closing a deal, your contact mayIndividuals and small businesses buy services in the
not return your calls for weeks. If you accept this ascategory of nice-to-have, often to improve their
normal behavior instead of obsessing about how youquality of life or that of their employees.
may have caused it, you will sleep better at night andCorporations, especially in lean times, don't. You must
use your daylight hours more productively.sell them something they actually NEED and prove
2. Hot buttons open doors. If you want to capturehow it will enhance their bottom line. Real-life
the interest of a busy person, you need to tell themexamples of results at other companies can speak
exactly how you can help them. Calling just tovolumes. Illustrations with charts and graphs are more
introduce yourself will not get their attention.convincing than any brochure.
What do the people in your target market perceive5. No budget; no project. Even when the company
to be the greatest problems they face, or theneeds what you have and thinks you're the best one
biggest goals they wish to achieve? Ask thesefor the job, the deal won't go through if there's no
questions of the people you serve and the othermoney in the budget. You can ask your contact to
businesspeople who serve them. Read trade literaturetry for a budget variance, but no budget usually
or special interest publications and educate yourselfmeans your project will be deferred until the next
on the key issues in your marketplace. Then tell yourfiscal year.
prospects in every communication how you can helpAlways ask if the client has a budget at the first
address these needs.meeting. Don't necessarily expect them to tell you
3. Every choice must be justified. When you sell tohow much it is -- price negotiations will come later.
the owner of a small business or to an individual forBut if your contact can't answer budget questions,
his or her own use, your buyer is free to makeit's also a strong clue you are not talking to the
purchasing decisions based on instinct, whim, or gutdecision-maker.
feeling. But every corporate sale must be justified toC.J.