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Marketing Your Consulting Services.pdf - epiheirimatikotita.gr

Marketing Your Consulting Services.pdf - epiheirimatikotita.gr

Marketing Your Consulting Services.pdf - epiheirimatikotita.gr

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Exhibit 7.1. Five-Step Prospecting Process<br />

Step 1. Identify twenty candidates<br />

Step 2. Assign one company profile for each organization you have targeted<br />

Step 3. Gather information about each organization electronically and at<br />

libraries<br />

Step 4. Compose a letter to each of the organizations<br />

Step 5. Mail your letter and follow up as promised<br />

Step 1. Identify Twenty Candidates<br />

List organizations that are potential clients for you. Perhaps you do not have specific<br />

organizations identified. You may have an industry or a geo<strong>gr</strong>aphical area targeted.<br />

This is where you may need to complete some investigation. You most likely<br />

have some experience in the targeted area or you would not have chosen to market<br />

to the “Norfolk, Virginia, area” or to the “fast food industry.”<br />

Start by identifying twenty or thirty organizations you wish to target. You will<br />

begin with that many because some may drop out along the way. You may have<br />

difficulty locating information about them or, in some cases, you may change your<br />

mind about wanting to work with them based on information your learn. Starting<br />

with twenty or more gives you some flexibility. If you cannot identify thirty<br />

organizations, check Exhibit 7.2 for ideas of whom to ask.<br />

If you are identifying companies in your area, your banker, insurance provider,<br />

accountant, and attorney are all good places to start. As you continue to compile<br />

your list, remember to ask others in your network for suggestions. Ask people in<br />

your professional organizations as well. Even if they are competitors, you may receive<br />

suggestions that you may not have otherwise considered. Others you could<br />

ask include your mentors or those you have mentored, college contacts, members<br />

of organizations to which you belong, current or former clients, anyone you have<br />

referred, former coworkers, and other family or friends.<br />

If you are identifying organizations in a specific industry, you can check out<br />

trade or professional directories that you will find online or in your library.<br />

Prospecting in All the Right Places: How Do You Find Clients? 141

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