Look up 'Credible' in Websters Dictionary and you'll find: "Capable of being credited or believed; worthy of belief; entitled to confidence; trustworthy."
OK, so no surprise there.
Credibility gives you permission to speak, and gives the person you're speaking to permission to listen.
Regardless of whether you are in the service business or you sell a hard product, everyone needs to establish their credibility, especially with prospective clients. But if you're a consultant, advisor, or coach, then it's harder for your clients to evaluate the value of your advice and recommendations.
For you, credibility is everything. And if you have it, you can move quicker into a more productive discussion about issues and solutions without having to justify everything you say. You can be more relaxed. You can let your guard down a little.
With your credibility clearly established, you can be more confident to ask for the business.
So far, I'm not telling you anything you didn't already know. What you might not know is what credibility really is in a business context beyond the dictionary definition – how people perceive credibility and how you can establish credibility more quickly and easily.
Ask a traditional marketer what's the best way to establish your
credibility and he or she will tell you to list your biggest clients or
describe one of your most impressive case studies. If you listen to
yourself as you speak to new clients, you might hear yourself talking
about your credentials as way to establish how smart you are.
It's true that your client list, successes and testimonials all play
a role in credibility, but they miss the mark if you hang your hat on
them. Here's why. What is probably going on in the head of the person
you're talking to is this: "Wow, that sounds great and I have no doubt
that you did an excellent job for them, but my situation is different…"
Cost of Entry
Guess what? Excellent credentials, a strong client list, impressive
successes with other clients – they're the cost of entry simply to be
considered as a possible supplier or partner. They're expected. It
would be more surprising to people if you don't have them rather than
the fact that you do.
It doesn't even do much to differentiate you from your competition.
After all, your competitors are also talking about their excellent
credentials, strong client list, impressive successes. And the more
talk about the same things, the more you leave your new prospective
client with a big 'so what?'
Besides, your prospect may have gotten your name from an existing
client or they picked up some of your printed literature or went
through your website. As a result, they've probably already checked
your credentials and might even know some of your clients.
So what should you talk about to establish your credibility?
Nothing. Don't 'talk' about anything.
The absolute best thing you can do when you meet a new prospective client is to ask questions and then listen.
Remember, the only thing that counts in your prospect's mind is how
well you understand his or her situation. And the only way you can
demonstrate that is by asking questions – a lot of questions. Simple
questions, pointed question, questions that rephrase what the person
has just told you, questions that allow you to test your hypotheses
about challenges and obstacles the person might be facing, leading
questions, questions that hint at what you probably already know you'd
recommend if your prospect were already a client.
The only thing that counts in your prospect's mind is how well you understand his or her situation.
In fact, the mere act of asking questions forces your prospect along
a line of reasoning that demonstrates you really do know what you're
talking about. And when you follow up with suggestions and
recommendations, you have all the credibility you need.
Why? Because you asked all the right questions!
Like A Surgeon
If you're not ready to accept this approach, imagine that you're
sitting in a doctor's office because you have a sore back. Would you be
impressed if, five minutes into the consultation, he or she recommended
back surgery?
Probably not -- so why should your clients and prospects be 'sold'
on your solutions before they are totally convinced that you understand
the problem?
A good doctor will ask questions to reveal other symptoms. "Does the
pain radiate downward?" "Is it accompanied by abdominal pain?" "Oh, and
are you also experiencing excessive urination, especially at night?"
If the answer is 'no', then the doctor simply moves on to another
line of questioning. If the answer is 'yes', the doctor explains how
all these symptoms indicate that nothing's wrong with your back.
Instead, you have kidney stones!
Not in a million years would you have linked these different
symptoms together. Most importantly, it's his or her ability to paint a
complete picture of what was going on that really impresses you.
That's credibility.
And it's more than simply focusing on your client's pain – as you might have heard from other so-called sales experts.
Using the Essential Message approach, the pain is just one of several
symptoms. By uncovering other symptoms, and by showing how they all
link to the real problem, you are establishing enormous credibility
before jumping in with your recommendation.
A Real-Life Example
A very senior, seasoned and successful accountant was sitting in the
workshop. His arms were folded across his chest, and his face
practically had 'prove it' written across his forehead.
You know the type.
Soon after my introduction, he raised his hand and proceeded to tell
me and the other people in the workshop why accountants could not do
marketing like other companies. I let him speak. He then explained that
he had learned a long time ago that if he wanted people at social
functions to talk to him, the last thing he should say was that he was
an accountant. He'd tell people he was a movie producer or had some
other glamorous career. When he was done, all I asked him was to keep
an open mind.
About a half hour later, I was talking about how credibility was
rooted in our ability to understand the other person's situation. To
prove my point, I picked up an accounting publication that had
published one of my articles:
"Do people get all excited when you start talking about your
business or about accounting in general? Once people at a party find
how that you’re an accountant, does the news travel around the room
with lightening speed until suddenly, you find yourself mobbed with
pretty young men and women who all want your autograph, or at least
display a sincere interest in your career and hang onto your every word?
I didn’t think so."
I stopped reading and put the article down. That was it. He laughed,
unfolded his arms, and gave himself permission to listen to what I had
to say. To quote Webster's, in that moment he deemed me ' worthy of
belief'.
And by the end of that day, he pulled me aside and said, 'I'm going
to have to figure out how to get my partner into this workshop.'
So next time you're standing in front of a prospective new client,
or sitting across from someone at a boardroom table, resist the urge to
prove how smart you are. Hold back and just listen. Then ask a few
questions. Then listen. Then ask a few more questions. Then offer a
tidbit of a recommendation. Then listen. Then ask a few more questions.
Then listen.
Then ask for the business.
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