I’ve written about Michael Port’s excellent Book Yourself Solid and wanted to share
another of his thoughts on turning strangers into friends and friends into
clients. The basis of his approach is
that we can improve our business if we stop interrupting
people with our marketing messages and instead add value so we can offer them our services as friends.
The first step is to determine and focus on the who, that is, our target market for
clients. Of course, that’s a basic
element of our business plan but it’s always good to remember and reiterate
it. Whether it’s buyers or listings,
REO’s or short sales, a certain zip code or price range, the better we define
our target client, the more success we can have in establishing our connection
with people. If you haven’t done so
already, take a few minutes and think about who is your own ideal client and
keep that in mind so you don’t waste time chasing after those that won’t pay
off—or whom you won’t best serve.
Next is the what,
in the sense of what it is your ideal client is looking for. A bank and a first time buyer and a seven
figure seller will be looking for very different services and very distinct
backgrounds and qualities in their broker.
The more you understand and can tailor your business and approach to
genuinely serve that client’s what,
the more connection and success you can achieve in that target market.
The third step is the where. Where do your target clients look for your
services? Online? Magazines? Other professionals? Cocktail parties? Most established
and successful brokers rely on their sphere of influence for a high percentage
of their business through referrals and repeat business. We’ve enjoyed a busy year so far as the
market has tightened, and most of that volume seems to have come from that
tried and true channel. But we also don’t
know how long that bubble may last, so it’s important that we not forget to
make sure we have other channels open to those strangers that we want to turn
into friends and clients. Take a few
minutes and consider where your ideal
clients will be looking for you, and make sure your plan proactively addresses
those areas, so you can be better prepared for the long term.
Next Playbook, we’ll cover the when, the why, and the how of creating connection.
David M. Hassler
Director of Coaching
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