So you are making connections in the firm to tap into the potential of its wider client base. What next? Unfortunately, some cannot see the wood for the trees when it comes to helping dig out more work for others. This may be down to issues of recognition and reward. But for many, it appears to be about having the confidence in colleagues and in their own ability to ‘do it’ well. Here are three straightforward tactics that can help your cross selling and referral efforts.
Assess quality and gauge potential First, focus on the best. Identify well-established client relationships with a track record of good work and mutual respect. These will be the most ‘open doors’ for your efforts and the ones most likely to succeed. Be wary of relationships that are relatively new or where there have been recent operational/other issues (unless these have been resolved to the client’s unequivocal satisfaction). Then assess the capability to gain or do more work with the client. Here is where a well-rounded knowledge of the client’s business, issues, and plans – beyond the limitations of an area or specialisation – becomes crucial.
Build confidence in you To some, introducing others to their prized clients appears risky. What if you mess up? Combat these natural insecurities by demonstrating your competence, showing them what you do, how well you do it and what you achieve for clients. Then reassure your referrer and involve them in as many stages of the client dialogue as they wish – meetings, asking for their advice, copying correspondence, sharing proposals for input etc. And, if you are successful, make sure you put opportunities their way.
Use the 3Ps And then we come to the deed itself. Asking for a referral becomes about using what you know in the 3Ps of Cross Selling:
- Make the Preface (e.g. “I noticed that the company is looking at…”)
- Pose a relevant question (“Is that proving to be an issue?”; “Do you know if they have xxxx advisers?”); and finally
- Propose an action (“I and my colleagues in xxxx have a lot experience in this area that could help, would you mind putting us in touch?”).
The 3Ps can be applied in a wide range of contexts. But wherever they are used, you have to stick to the golden rule: the client’s interests must always come first. Doing this, we maintain credibility by avoiding random attempts to sell other services of the firm that do not make a real contribution to the client’s lot.
James Newberry runs People Scope, a consultancy, interim, training and coaching firm working with lawyers, accountants and other specialists to help them operate successfully outside of their comfort zones. http://www.peoplescope.com.