Want FREE Templates on Strategy & Transformation? Download our FREE compilation of 50+ slides. This is an exclusive promotion being run on LinkedIn.


CONSULTING SELLING PROCESS TOOLKIT



"Consulting is an art as well as a science," once opined Larry Bossidy, former CEO of Honeywell, highlighting the dual challenges consultants face in blending qualitative and quantitative aspects in their engagements. A critical aspect of this endeavor is the Consulting Selling Process, which can determine the success—or otherwise—of a consulting venture.

Understanding the Consulting Selling Process

The Consulting Selling Process entails a series of strategic steps that a consultant undertakes in order to articulate the value proposition of their services to a potential client. This cycle involves identifying prospects, understanding their needs, aligning the consultant's capabilities to these needs, and eventually convincing the client about the tangible benefits of the proposed solutions.

Steps in the Consulting Selling Process

Effective implementation of the Consulting Selling Process involves several-best practice steps:

  1. Identify and Qualify Prospects: This is the foundational step where consultants vet potential clients based on certain criteria such as value alignment, budgetary considerations, and project scope to ensure a good fit on both ends.
  2. Understand Client Needs: Successful consultants invest time in comprehending the client's business environment, key challenges, future goals, and current status of Strategic Planning or Digital Transformation initiatives.
  3. Develop Customized Solutions: With a deep understanding of clients' needs, consultants then design tailored solutions that address these needs—be it improving Operational Excellence, bolstering Risk Management, or enhancing Performance Management.
  4. Demonstrate Value: The next step involves showcasing the potential benefits of the proposed solutions and explaining how they would positively impact the client's business outcomes.
  5. Negotiate and Close Deal: After reaching mutual agreement on the merits of the proposal, the negotiation phase ensues wherein terms of engagement and pricing are finalized. If all goes well, the deal is closed.
  6. Post-Sale Engagement: An oft-overlooked phase of the Consulting Selling Process, maintaining robust communication and delivering on promises post-sale is key to fostering long-term relationships and potential repeat business.

Key Insights in the Consulting Selling Process

While the steps to a consulting sale may seem linear, real-world scenarios demand more strategic approaches. Notable among these are:

Role of SEO in a Consulting Selling Process

With digital transformations sweeping across businesses, the Consulting Selling Process too is being influenced by digital tools such as Search Engine Optimization (SEO). A well-optimized website can be a powerful generator of high-quality leads in the consulting world. Engaging, insight-laden content, tailored around popular client queries and pain points, can help attract a wider audience. This, combined with a judicious use of relevant keywords and backlinks, can elevate a firm's digital presence, making it easier for potential clients to find them in the vast expanse of the internet, thereby streamlining the initial stages of the Consulting Selling Process.

To close this discussion, mastering the Consulting Selling Process requires balancing the art of selling with the science of strategic planning. By combining best practices with an in-depth understanding of client needs, a consultant can effectively sell their services while delivering tangible value. Add to this the power of digital tools like SEO, and consultants can potentially tap into a larger pool of prospects, driving continued business growth.




CUSTOMER TESTIMONIALS




SELECT CUSTOMERS
Since 2012, we have provided best practices to over 10,000 businesses and organizations of all sizes across the world—in over 130 countries. Below is just a very small sample of our customer base.



Did you know?
The average daily rate of a McKinsey consultant is $6,625 (not including expenses). The average price of a Flevy document is $65.







Browse our Business Toolkits
to quickly find the documents you need.
Each business toolkit is a collection of documents around a common management topic.





TOP 40 TRENDING TOOLKITS


  Show all available toolkits.

Download our FREE Strategy & Transformation Framework Templates

Download our free compilation of 50+ Strategy & Transformation slides and templates. Frameworks include McKinsey 7-S Strategy Model, Balanced Scorecard, Disruptive Innovation, BCG Experience Curve, and many more.