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January 25, 2017 at 11:30 PM
Do you pursue clients, or do you attract them?
While both methods of finding new business work to some degree, finding the right prospects through attraction is a lot more fun and–for professionals and entrepreneurs who provide individualized service to their clients–it’s usually more effective than finding them by pursuit.
Related: The prospect predisposition
Attraction methods involve drawing prospective clients to you: People who relate to you, people who have an interest in what you have to offer, people who share your values and beliefs, and people who believe…in you. If you do it right, the people you attract are your ideal prospects. It’s a natural, comfortable, professional, and self-perpetuating process.
Pursuing clients, on the other hand, means spending a great deal of time and money on efforts such as social media advertising, e-blasts, or casting a huge, expensive fishing net of direct mailings to catch the next great client. One of the problems associated with this method is that people are so inundated with marketing messages that repeated mailings and advertising are necessary before someone will actually respond. This means more and more expense.
When the growth of your business relies on pursuing prospects, rather than on attracting them, the effort to find new prospects through these same methods is continual. If you stop the pursuit, the flow of prospects stops, too.
Attraction, on the other hand, has just two self-sustaining components:
Being “attractive,” and Giving your target clients an opportunity to connect with you.
Sandy Schussel has been a coach and practice development consultant for insurance and financial professionals for the past 20 years. He is an approved MDRT coach and has served as the national sales training director for First Investors and Foresters. He is the author of two books, 