Keeping up with the evolving mind-set and practices of current and prospective customers is usually a challenge for independent pros who operate in the “new economy.” Signing an excellent client is tough, what with the penchant for not income being increasingly popular. Solopreneurs is only able to prosper by staying a pace ahead on the client, positioned to neutralize the temptation to help keep a project in-house or allow it to languish and die. Solopreneurs need strategies that pull in billable hours. Here are trends that B2B buyers are following now.
A recent survey of employees who make B2B purchases for his or her organizations conducted with the global consulting firm Accenture revealed that 94% of purchasers (customers and prospects) research potential solutions for company needs in advance, to know about options and save your time and money.
By time B2B vendors (you!) are approached, the hoped-for client is doing the up-front legwork. S/he already comes with a idea of whatever you and your competitors might provide plus a ballpark figure in the cost.
Entrepreneur and marketing expert Danny Wong, co-founder with the online men’s apparel company Blank Label, recommends that Solopreneurs acknowledge the elephant space and simply ask your prospects about any research they will often have done and that which you might manage to verify or clarify.
Unfortunately, some sales “professionals” and unsavory Solopreneurs happen to be known to misrepresent what they have to sell. As a result, many B2B buyers choose to purchase on the web and bypass us. The practice was confirmed recently by Forrester Research, in a very survey that revealed nearly 60% of B2B purchasers preferred to get independently, without the assistance of a salesperson.
Wong shows that demonstrating expertise as well as an appreciation to the prospect’s goals and circumstances, confers credibility and helps you to earn trust, a necessary process when competing for assignments or sales. Buyers won’t work if they don’t trust you. Why should they?
No matter how desperate that you are for billable hours, don’t rush the task. Take time to know what the client needs and ways in which, or if, your service can be useful. Avoid being considered an aggressive salesperson and instead look as a trustworthy adviser who would like to make the prospect look wise to his/her superiors as well as other colleagues.
They’re in no hurry
No, it isn’t your imagination that producing a sale takes over it used to. Another study established that the length from the average B2B sales cycle has grown by 22% in the last five years. While the prospect is working worries beads, Mr. Wong recommends that you do that which you can to be at surface of mind and attempt to prevent the project from falling into oblivion. Your main competitor will not be one of your rivals, it’s your client’s inertia.
Send information that could support (and quicken) the decision-making, try not to overwhelm—curate. Inquire about a timeline and deadline for that project and suggest what is actually a reasonable starting time.
They trust moral support of anonymous “peers”
So does one and that’s why you research hotels and restaurants on Trip Advisor and appearance for a contractor on Angie’s List. Accenture reports that almost 25% of B2B buyers make decisions based almost entirely on information gleaned from online “social” rating sites.
If your set of skills is one that could be found on Angie’s List or maybe a neighborhood blog, make an effort to establish a presence on sites and build credibility that will help get hired. LinkedIn and Facebook could possibly be helpful every trusted source has referred a potential customer to you and also your profile is researched prior to getting the call. Create a superb profile with your chosen social websites sites and earn yourself look knowledgeable and trustworthy.
They appreciate relevant content marketing
The longer buying cycle provides each advantage to people that produce long form content—a newsletter or blog, case studies, white papers, or podcasts. A FAQs page included with your website that details how to ply their trade with you might be helpful. Impartial and instructive info is the essence of content marketing. Produce your personal and position yourself for an expert that’s qualified to finish the same job.