4 Ways to Create Long-Term Value for Your Clients
- The long-term value you provide to clients is measured by how effectively your work supports their overall business goals.
- When working with a client for the first time, it is important to gain a clear understanding of their business and their expectations for growth.
- Partner with your client to develop value statements that align with their business goals and that you will continually evaluate progress against these agreed-upon value statements.
Building lasting client relationships goes beyond simply providing advice and strategic direction. Long-term value for clients is measured by how your work helps clients meet their overall business objectives.
By talking to your clients about the larger goals they have for their business and carrying these goals throughout the individual projects you complete, you can help them meet their overall business objectives. Follow these four steps on your next project to create long-term value for each of your clients.
1. Consider What Value Means to Your Client
When working with a client for the first time, it is important to have a clear understanding of their overall business needs. What is most important to them? How can you design your project to help them achieve their goals? Think about how your services align with their needs and how the project you’ve been tasked with can contribute to these larger business goals.
During initial conversations, work closely with your client to develop value statements for your project that align with their business goals. Down the road, this will help you to demonstrate concrete Return on Investment (ROI) for the work you complete.
Value can be a tricky thing to measure as it means different things to different people. By getting to know your client, understanding what drives value for their business, and creating specific project goals, you will put their business on the path to success.
2. Communicate Your Value
Strong communicators follow this rule: Tell them what you are going to tell them, tell them, and then tell them what you told them. The idea here is to make sure that your client is able to clearly see and recognize the value in what you are trying to communicate.
When everyone is busy focusing on getting work done, communication can fall by the wayside. That’s why it’s important to clearly and consistently communicate throughout the project. Make it clear from the beginning that you will work with your client to develop value statements that align with their business goals and that you will continually evaluate progress based on these agreed-upon value statements.
Whenever possible, be sure to show how your work has helped support a client’s existing goals or investments, or can provide continued optimization of your client’s services. If they are able to see concrete evidence of how your work is creating business value, they will likely provide a referral or engage your services again.
3. Maintain a Consistent Workflow
To build long-term value for clients, you need to define what that value means to them and then communicate and integrate it into the processes, methodologies, or work plans you deliver. Building a consistent workflow that clients are able to repeat is extremely useful. Once a project is complete, be sure to highlight the value of what you have accomplished to demonstrate to your client how your efforts have supported their business goals.
4. Report and Measure Progress
At this point, you should be delivering work as promised with business value in mind. If gaps exist, start identifying and addressing them before they escalate into problems. Stay engaged with your client to successfully finish the project, measuring and communicating progress through to the end. Also, be sure to celebrate your successes with your client and create next steps to enhance or expand on the foundation you’ve built.
Speaking confidently and clearly articulating business value will help to establish you as a trusted business partner, drive growth, and ensure successful long-term relationships. Don’t miss out on opportunities to create long-term value for your clients!
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