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Tag: Client Relationship Management

  • Tips and Tricks for Captivating an Audience | Entrepreneur

    Tips and Tricks for Captivating an Audience | Entrepreneur

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    You will find, in leadership and in life, that people feel more connected to you and your vision when you ask them to “kick the tires.”

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    Entrepreneur Staff

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  • Free Webinar | April 20: Success Secrets of an Eight-Figure Real Estate Agent and Broker | Entrepreneur

    Free Webinar | April 20: Success Secrets of an Eight-Figure Real Estate Agent and Broker | Entrepreneur

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    Join our upcoming webinar with real estate entrepreneur, Aaron Kirman, as he shares his 20+ years of expertise and insights on how to master the art of selling properties.

    Aaron will cover the essential daily strategies and success habits you need to thrive.

    You will learn how to:

    • Find great listings
    • Gain client trust and respect
    • Manage your time effectively
    • Maximize your profits
    • Control operating expenses
    • Calculate startup costs

    Register now and join us on April 12th at 2:00 PM ET to discover the strategies and tactics you need to master for success in real estate.

    About the Speaker:

    Aaron Kirman, Founder and CEO of AKG | Christie’s International Real Estate, is one of the leading real estate agents in the U.S. He has repeatedly been named as a top agent in Los Angeles, and most recently, AKG was ranked as the #1 Luxury Team in L.A. As an expert in the luxury real estate industry, Aaron has received international acclaim from the architectural and estate communities, and represented some of the most exclusive properties in the world.

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    Entrepreneur Staff

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  • Instantly Build Rapport With Your Clients Using These 5 Hacks | Entrepreneur

    Instantly Build Rapport With Your Clients Using These 5 Hacks | Entrepreneur

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    Opinions expressed by Entrepreneur contributors are their own.

    Building a good relationship with a client, built on mutual trust and respect, can take a long time. However, there are ways to kickstart the process and create a rapport far more quickly. That rapport can then be the foundation on which your years-long working relationship is based. How do you connect quickly with someone you’ve just met?

    When it comes down to it, your client wants most to know that you’ve heard and understood what they’re saying to you. The quickest way to demonstrate that you’re on the same page is to reiterate what they’ve said. There are a few good ways to do that.

    Related: If You Want Your Clients to Truly Value You, You Need to Be Their Trusted Advisor. Here’s How.

    1. Reflecting

    In reflecting, you pick a few critical words your client has said and use them in your reply. For instance, say your client wants to expand their business and branch out to different cities. They might say to you, “I feel like we’re stagnating where we are. I hear there are great markets in Chicago and St. Louis, and I want to explore that.”

    You might reply, “I’ve heard the same thing about Chicago and St. Louis. If you feel you’re stagnating, then the time has probably come to explore those options and see what new opportunities you can find.”

    It seems simple, but it’s a proven technique for fostering a connection. This was demonstrated in a study conducted in Holland with waitstaff at restaurants. It was found that when servers repeated a customer’s order back to them before bringing it to the kitchen, they earned nearly twice as much in tips, on average, than when they didn’t repeat it. Reflecting a client’s needs back to them shows that you understand what they want and are on the same page.

    2. Paraphrasing

    Reflecting is an excellent technique for shorter conversations, but the longer you talk, the more noticeable it becomes if you’re repeating the same things your client is saying back to them. That’s where paraphrasing comes in.

    Paraphrasing is similar to reflecting, except instead of picking out keywords and repeating them, you restate the client’s basic ideas in your own words. This helps to show them that you’ve been listening and understand what they’re saying.

    It’s most effective if you phrase it as a question. So, your client says, “I don’t want to spend too much money, but I do want something that’s going to last me a while.”

    You might respond, “So, if I understand you correctly, you want something reasonably priced but not of poor quality that you won’t have to replace right away?”

    Phrasing it as a question shows that you’re actively engaged in the conversation. You’re not telling the client what they want. You’re listening and making sure that you’re on the same page. This makes them feel heard and shows them that their opinion is valued, which brings me to the next method of developing a rapport with your clients.

    Related: The 7 Stages Of Customer Relationship Management

    3. Identify and acknowledge your clients’ emotions

    If your client is angry or frustrated, your first instinct will likely steer them away from those emotions. You don’t want angry clients; you want happy, satisfied clients. However, trying to steer or maneuver a client’s feelings to a specific place can seem insensitive and unempathetic. Instead, if you want to build a rapport with your client, it’s important to identify those emotions, acknowledge them and validate them.

    4. Meeting people where they are

    Meeting someone “where they are” means bridging the gap between your own expectations and where the other person is coming from. It means intentionally listening to understand their values, needs and what they are really saying. Buddhists have a saying, “holding the space,” which means the same thing. It’s about being truly present in the moment.

    Having a simple chat with someone can sometimes reveal what a person really needs if you have the patience to just observe them. Be mindful of their body language; their behavior may tell you everything you need to know. And it’s also meeting them where they are, in a way.

    Dealing with clients and their emotions requires a delicate hand. If you make them feel like they’re not allowed to feel a certain way, they can come to resent you. Instead, you need to meet them where they are. If someone is happy, celebrate that happiness with them. If someone is angry, let them be angry for a little bit and show that you understand why they’re angry. This will help your clients to feel seen and help you connect with them better.

    5. Identify the root of their emotions

    In identifying your clients’ emotions, it’s essential to try to understand what’s causing them as well. If it’s someone brand new you’ve had little or no interaction with before, and they’re angry right out of the gate, then you’re likely not the cause of their anger.

    Maybe they’re frustrated by the problem they’ve come to you to solve. Maybe they spent a long time on hold before you got to them or they had difficulty parking on their way up to see you. If you talk to them for a bit, without judgment, they might open up and tell you what’s happening or at least provide clues you can use to get the gist.

    Once you’ve identified their emotions, you need to validate them — even before identifying the cause. You can use a few phrases to help show you care. However, there are also a few pitfalls to avoid.

    Related: The 5 Secrets of a Validating Apology

    “I’m sorry you’re angry” or “I’m sorry you feel that way” can sound condescending to some people. Like when people apologize by saying, “I’m sorry if you were offended.” It puts the onus on the one being apologized to rather than you as the one making the apology. Instead, try, “I’m sorry that happened to you,” or “I can see how that would be frustrating.”

    Once they’ve had a chance to get their emotions out, your next step is to fix things. Not fix their emotions, but fix the root cause, whatever it may be. If it’s something your company has done, ask how you can rectify it. If it’s about the problem they’ve come to your company to solve, show the exactly how your company can help them. If it’s something outside your control, offer them something you can control: a glass of water, words of encouragement, a minute to catch their breath, etc.

    You can quickly build an authentic connection by showing your client that you understand them and empathizing with them. Then once you’ve built that connection, it can lead not just to one good sale but a years-long professional relationship.

    They may even recommend you to their friends as someone who can be trusted and depended on to help them with their needs. It doesn’t take much effort to connect with clients in this way, but the potential benefits can be exponential.

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    Shashank Shekhar

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  • Why Small Talk Is a Big Deal — And What to Do If You Hate It

    Why Small Talk Is a Big Deal — And What to Do If You Hate It

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    Opinions expressed by Entrepreneur contributors are their own.

    We’ve all heard it a thousand times: “People buy from people they like!” “Engage your customer!” “Ask questions about their family and hobbies!” “Become their friend!” And deep down you may even believe that small talk leads to relationship building, which is of course, important to your business. But, what if on the surface you feel that chitchat about weather, sports or your prospect’s family is a waste of time and you would just rather get right down to business?


    kate_sept2004 | Getty Images

    Related: That Potential Client Is Judging You So Focus on Making a Good First Impression

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    Weldon Long

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  • 4 Lessons That Can Help You Shift From Order Taker to Strategic Partner

    4 Lessons That Can Help You Shift From Order Taker to Strategic Partner

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    Opinions expressed by Entrepreneur contributors are their own.

    There are partners who do the work and partners who create the strategies behind the work. As entrepreneurs, we tend to do it all because we’re establishing our and building our revenue pipeline. But there are inherent problems with this approach.

    Case in point: In my first full year working for myself, I landed a huge client. I had the experience, the knowledge and the skills for the assignment, but I was just starting out on my own and didn’t have a budget to hire help. Wanting to prove that I could handle the project, I did it all myself, serving as a marketer, copywriter and account manager.

    What I didn’t leave time for was strategy. My desire to please the client took over, and I ended up throwing myself into the tactical work at the expense of my strategic expertise. As a partner, I was doing myself a disservice. When the client didn’t see my vision, they mentally put me in the “doer” category.

    There are two inherent problems with being an order taker: Firstly, the work you’re ordered to do may not align with your vision and likely won’t earn the results they’re looking to achieve. Secondly, sooner or later, they’ll move the tasks in-house.

    Related: If You Want Your Clients to Truly Value You, You Need to Be Their Trusted Advisor. Here’s How.

    Apparently, I’m not the only one who has fallen into the people-pleaser trap. Women are apparently at greater risk of manifesting this self-sabotaging trait. According to a recent study, 56% of women are more likely than men to describe themselves as people pleasers.

    The results of another study concur — 54% of female participants exhibited people-pleasing behavior, while the minority of men at 40% showed similar tendencies.

    The pressure that women feel to please others is real. It’s a “gender norm” historically reinforced by society, making us more susceptible to related behaviors, such as difficulty saying no or arguing our case. As Caitlyn Collins, a professor of sociology at Washington University so aptly put it, “Women have been socialized into understanding that what is most important is that they be perceived as likable and agreeable.”

    We’re more likely to nod in agreement and dive into the work than we are to disagree or say we know better. And by and large, we’re invaluable as workers because we want to please.

    We tend to work harder than necessary to over-deliver, according to multiple studies, including Hive and Ponemon Institute. But just because we can, doesn’t mean we should. I eventually learned that establishing yourself as a strategic partner sets the stage for more rewarding work and greater profit margins.

    Fortunately, I was able to break free from my people-pleasing ways. Fast-forward 30 years, I am a CEO and an award-winning marketer. I wouldn’t have been able to achieve what I have without learning these four critical lessons as a strategic partner to my clients along the way.

    Related: How to Protect Your Career From Those Who Try to Undermine You

    1. Set the stage

    Your vision is what got you here, and while you have the know-how to handle a dozen tasks, your job isn’t to execute someone else’s vision but to create your own vision and teach others how to implement it. Set the stage upfront by kicking off every project with a discovery phase. This initial stage of the project allows you time to perform background research and gain an understanding of your client’s history, their competitors and their so that you can plan your strategy. As simple as you think it might be, present your findings to the client along with your strategic recommendations and the metrics by which you’ll measure success. And don’t forget to include the hours you spend on this discovery phase in your estimate — you should absolutely be compensated for this.

    Remember those research papers you had to write in school? You’d have to tell the reader what you were going to tell them, then tell them and then tell them what you told them. In this case, show the client where they are, then show them where they want to be and finally, show them how you’ll get them there. Position yourself as the partner that can empower their team to execute your strategic vision.

    2. Create a mantra

    Have you ever listened to a speaker at a professional event that just blew you away? The most prolific orators follow a simple mantra. Instead of trying to say too much, they focus on a single message. Think of your favorite consumer ‘s tagline. They use it in every ad spot and every creative campaign. A mantra is your personal tagline of sorts that ties back to everything you do. That simple mantra can help steer your pitches and presentations and keep you on track.

    Related: How Investing in Strategic Partnerships Can Help Grow Your Business

    3. Be curious

    Early on in my career, I suffered a great deal of imposter syndrome. What if the client asked a question that I didn’t have the answer to? What if I was just dead wrong? I watched veteran strategists seemingly breeze through pitches and presentations and wondered how I’d ever be that confident. Years later, I was offered a chief strategy officer role. I breezed through pitches and presentations, too. But it certainly wasn’t because I was always right. It was because I was always curious. Yes, I did my research, I questioned thought leadership, I studied statistics and prepared for every meeting, but I was also genuinely curious, and that gave me the power to listen, really listen, to the questions clients asked and the arguments they surfaced. Sometimes, they changed my mindset, and other times they solidified my resolve.

    4. Get comfortable with passing up business

    Not every prospect you talk with or present to will be the right fit for your agency. When you’re starting out, you might be keen to say yes to any and all work that comes your way to ensure revenue. But there comes a point where you’ll need to turn down work that doesn’t further your own purpose. Establish the goals, the metrics, how long you think it will take and what other work you have that will eat up hours of your day. Don’t agree to their timetable — and if you must, add rush fees in order to get it done.

    Enterprise clients can be intimidating, but they’ve come to you for a reason, so make sure you get what you need from them to be successful.

    Let that confidence drive you to focus on crafting your strategic perspective. Being a strategic partner doesn’t mean you can’t ever be wrong. What it does mean is that you’re willing to test new theories, question the status quo and offer a unique perspective. And that’s exactly what your clients will come to value.

    These are the four lessons I learned (the hard way, in most cases) in my first three decades of business. I hope they inspire you to position yourself as a strategic partner.

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    Beth Newton

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