In today’s environment, the cost of acquiring new accounts has skyrocketed. Studies show that selling additional products and services to an existing client base can be more cost effective than investing in new client development. With existing accounts, we have already absorbed the cost of acquiring the business. Our existing client base would utilize more of our services if only we had the foresight to ask for the business. Yet, we seldom ask.
So, how should we bring up the subject? One of the most successful ways to do this is to take your client to lunch. This enables the buyer-seller relationship to change. Inside the office, your client has a role to play and many demands to meet. Inside the restaurant, you can focus on selling the additional business.
Follow these suggestions for a successful business lunch with your client:






