Should Clients Trust Your Sales Pitch?
by Charles H. Green
Consultants
often destroy client trust in the sales process—and
rarely recover. That’s a shame because those consultants
are squandering their greatest opportunity for creating
client trust.
Sell the right way, and you start with trust. Sell the
wrong way, and you may get the deal anyway because so few
of your competitors do it any better. But you’ll start
work in a low trust environment that will be difficult to
overcome.
The reason consultants miss this opportunity to build trust
with their clients is simple: most consultants feel conflicted
about selling. We not only look down on salespeople, but
feel vaguely guilty when we have to sell. We don’t
even call it “sales.” The preferred euphemism
is “business development,” passively voiced,
as if to distance ourselves from “developing business.”
The truth is that clients want to trust us—to believe
that we care about them and their interests. They want to
believe we are trustworthy.
Unfortunately, the usual consulting sales practices give
us away. Too often, we succeed in proving that we really
are not trustworthy, but guilty of putting our own interests
ahead of the client’s; that our primary objective
is to close the sale—that we don’t care about
them as much as we care about ourselves. The way we sell
destroys the trust that the client wishes to place in us.
Fortunately, it doesn’t have to be that way.
Four Beliefs that Kill Trust
1. The objective of selling is to get revenue,
right?
No—not if you want to be trusted. The objective of
Trust-based Selling® is to help the client make the
best decision for the client. If you pursue that objective,
clients will see that your goal is to help them—not
just to get their money. Then they trust you. And then they
buy from you—overwhelmingly.
2. The goal of the sales process is to close deals—isn’t
it?
Not if you seek to build trust. The focus of Trust-based
Selling isn’t the transaction, but the relationship.
Relationships yield transactions; but focus on transactions
alone is a zero-sum approach: there are winners and losers,
negotiated pain and gain.
Most consultants use transactional sales models, which
emphasize the sales closing process. That is not a way to
build trust. In relationship-focused selling, there is true
upside potential for both the client and the consultant.
3. Clients buy rationally based on expertise,
credentials, qualifications, track record, and reputation—after
all, they say so!
They may say so, but it’s only true if they can’t
trust the seller, and they usually can’t. Clients
prefer to buy what they have to buy anyway from experts
they trust. A trusted seller trumps all others.
4. Clients want to hear about your depth of experience
in resolving their issues.
Clients are people just like us, and everyone’s favorite
subject is themselves. Clients want to hear your take on
their problems, in their company. Don’t talk about
your expertise—demonstrate it by applying it real-time
to the client.
What is Trust-based Selling?
The principles of Trust-based Selling are rooted in the
knowledge that if we consistently behave with the best interests
of the client and the relationship, we will get more than
our share of sales because we are fulfilling the highest
desire of a client—to find an expert who can be trusted.
Selling based on trust cuts our ongoing cost of sales by
increasing client retention and decreases the average sales
costs, since generating repeat business is far cheaper than
finding new work with new clients. We also improve our sales
rates because clients overwhelmingly prefer to buy from
those they trust.
There are four principles of Trust-based Selling:
- Client focus for the sake of the client, not the seller
- A medium-to-long-term perspective
- An ingrained habit of collaboration
- Willingness to be absolutely transparent.
The acid test of trust in selling is this: Would you recommend
your competitor to an important client—if that would
be better for the client? If you are not willing to do that,
then by definition you always put your best interests ahead
of the client’s. And why should they then trust you?
Key Practices of Trust-based Selling
Client focus, collaboration, and transparency are essential
to building a trusting relationship. Here are seven practices
to help build client trust.
- Write your proposals with the client.
- Practice listening as paying attention. Don’t
think about what you’re going to say next while
the client is talking, and don’t focus on behavioral
techniques like mirroring or paraphrasing. Just pay attention.
- Be willing to think out loud.
- Focus as much on the limits as on the breadth of your
knowledge. If you don’t know, say so.
- Practice “selling by doing, not selling by telling.”
Demonstrate your value-adding capabilities on the client’s
real-life situation, in real-time, rather than by describing
others’ situations.
- Embrace third party consultants and purchasing agents
as the new clients, rather than trying to fight them or
go around them; help them like you would any client.
- Recommend other solutions for the client to explore
during the sales process, don’t just pitch yourself.
The idea that developing trust with a client takes a long
time is a myth. People form judgments very quickly about
whom they trust. The opportunity to influence that initial
impression is long gone by the time the sales process is
over.
Trusted relationships with clients lead to reduced transaction
costs, faster client decisions, and less total time to generate
the sale—for buyer and seller alike. Trusted consultants
can increase creativity, collaboration, decision quality,
and other revenue-enhancing features.
Trust-based relationships are a far surer path to profitability
for a consulting firm than the best competitive strategy or
the lowest cost.
Charles H. Green is the founder and President of Trusted
Advisor Associates, the author of Trust-based
Selling, and coauthor of The
Trusted Advisor, with David Maister and
Robert Galford. Green, a speaker and seminar-leader for
major consulting organizations, spent nineteen years in
consulting with the MAC Group and Gemini Consulting.
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