expanding relationships with existing clients
DESCRIPTION
In this presentation I share ideas on how to build on and expand relationships with your existing clientsTRANSCRIPT
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Expanding Relationships with Existing Clients
Cordell M. Parvinhttp://www.cordellparvin.com
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Michael Wickett
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Jeffrey Gitomer
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How Do You Do It
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Know Your Client
Website/Online Research
Research the Client
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Know Your Client
Annual Report
Research the Client
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Know Your Client
Industry Publications
Research the Client
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Know Your Client
Competitors
Research the Client
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Know Your Client
Listen Carefully
Research the Client
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Build Confidence
Client Tour of Office
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Build Confidence
Go to Their Office
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Build Confidence
CLE and Other Training
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Build Confidence
Client Surveys
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Ask - Don’t Tell
Key = ask about their business problems, opportunities, and internal and external changes - listen, listen, listen for your opportunity to help
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What Clients Care About
Achieving Their Goals
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What Clients Want
Focus on Client Service
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Survey’s of General Counsel75% of Fortune 1000 clients not
satisfied - reasons
Poor Client Service
Cost Inefficiencies
What Clients Want
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Recent studies/surveys of corporate counsel
– Legal expertise is assumed– Focus on
• Industry, Company and Client Representative
• Responsiveness• Innovation
What Clients Want
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How to Begin? Ask
Are you ecstatic with service we are providing?
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How to Begin? Ask
What could we do better?
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How to Begin? Ask
What is going on in your business that we should know about?
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How to Begin? Ask
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Building rapport essential to building trust and long term relationships
Building Rapport
Our responsibility to understand client’s personality and communicate effectively
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Personality type
How they speak and receive information
Empathy
Three Aspects
Building Rapport
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Control
Emote
Ask Tell
AnalyticalUnder stress Avoid
DrivingUnder stress
Autocratic
AmiableUnder stress
Acquiesce
ExpressiveUnder stress
Attack
Building Rapport - Temperaments
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Visual Learners – ShowingAural Learners – TellingKinesthetic Learners - Experiencing
Building Rapport - Communication
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Building Rapport-Empathy
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Building Trust
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Components of Trust
TRUST = C + R + I S
C – CredibilityR – ReliabilityI – IntimacyS – Self-orientation
Building Trust
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Cross Educate
Target Market
Identify
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Cross Educate
Clients
Identify
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Cross Educate
Firm Clients
Identify
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Cross Educate
Potential Clients
Identify
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Cross Educate
Kind of Work
Identify
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Cross Educate
“Go To” areas
personal interest
Identify
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How to Win Trust
Trust Must Be Earned
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How to Win Trust
Grows Over Time
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How to Win Trust
Both Rational and Emotional
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How to Win Trust
Personal
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It Takes Time
Have Patience
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BUILDING TRUST
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Summary
Research the client and its market
Listen to the client’s needs, ask educated questions