Are you offering others promises of what you can do, or proof?

Winning new business is exciting. It means you convinced a customer or client to take a chance on you. (Like ABBA said.) But at this point, you are selling the promise of what you can do for them. Because in the beginning, the promise is all you’ve got.

The best moment in business is when a customer or client comes back for the second helping. Because this time it is not because of a promise you made them. It is because of the proof you gave them. (It’s in the pudding.)

The first transaction is based on your promise. The second is based on your proof.

The first engagement is based on hope. The second engagement is based on expectations met. Businesses live and die based on met expectations. Which is why repeat business is so important. It is the lag indicator that you are offering value and a positive experience.

If you track just one measurement on your way to success it should be repeat purchases. It is the pass-fail measure of long-term success. Because without repeat purchasers, you will run out of new prospects. And your business will be all grind, and no bump.

Recent History

Last week I had two great repeat experiences.

First, The Weaponry, the advertising and idea agency I lead, got a call from one of our first-time clients. We were almost done building a website for this client, and they called to tell us they want us to take on another website build for another division of their business.

Second, we had our first creative presentation to another new client. At the end of the presentation, The Boss Man told us he wanted us to work with their procurement team to get set up as an official, long-term supplier. Boom!

These second projects came because we lived up to expectations. We passed an important test. We weren’t one and done, like a University of Kentucky freshman basketball player. Which means we are running a sustainable business.

A Personal Note

The same principle holds true in your personal life. You get a first shot at relationships, opportunities, and trust based on the promise of delivering the goods. The second shot comes because you proved you were worthy the first time. Keep delivering and good things just keep coming your way.

Key Takeaway

Winning new business is simply an opportunity to prove what you can do. It is where the hard work begins. Make sure to deliver on the promises you made to that first-time customer. Because when you do, they’ll come back for more. And businesses only thrive if happy customers keep coming back for more.

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The best business development technique I know.

There are two types of jobs:

  1. Those that require you to attract new clients.
  2. Those where you just show up and work for the clients that someone else attracted.

I have had a significant role in attracting new clients since the 3rd year of my career. In fact, I spent so much time earning the trust of prospective clients throughout my career that it gave me the confidence to launch my own advertising and idea agency, The Weaponry, in 2016.

One of the questions I have been asked most often over the past two years is: Where do you find your clients?’  There are a lot of fun answers I could give. Because all of our client relationships seem to have a fun origin story. But a couple of facts stand out. 

4 Fun Facts About Our Clients.

  1. Our first four clients at The Weaponry were clients I had worked with earlier in my career.
  2. Two of our clients have now hired The Weaponry for two different businesses.
  3. One of our clients has now hired The Weaponry for three different businesses.
  4. One of our collaborative partners has introduced us to 8 new businesses that have become clients.

Key Takeaway

Doing great work for your current clients is the best approach to business development.  Those clients will recommend you to others. They will hire you again when they change jobs. The partners you collaborate with will see how you treat your shared clients and recommend you to other clients they work with. It has been a key driver of growth for The Weaponry. So, as Bill Belichick would say, ‘Do your job.’ Because when you do, more opportunities will come your way.