Remember the last time you asked a potential client for a budget and they said, “Just show me something and if I like it then I’ll buy it”?
You may have thought the client was trying to give you a hard time, but they weren’t.
In reality they’re probably someone who is fairly new to their affluence and enjoying the ability to purchase whatever they want. The down side here is that they’re not educated to how big a project can be nor how expensive products can truly be. Even more importantly, they’re not positioned to continue working with you because they don’t have a budget in mind.
Designing without a budget is a total waste of your and your client’s time. So while the last thing in the world you want to do is rain on your potential client’s parade by ruining the fun they’re having with their money, you just need a better way to explain the overall processes and the importance of having a budget.
Do you know what to say to end the “I can buy whatever I want” syndrome? Try this super easy script for changing this stalemate into a meaningful money conversation:
“That’s great! I’m glad you’re interested in quality and open to seeing some beautiful furniture. But I need to tell you that I’d be SOOO embarrassed if I presented my design for the Great Room with a $35,000 area rug and you were instead thinking more like $7,5000.”
You choose how high you want to make your rug number; the idea is to get a reaction from the client! By using this script, the next thing they’ll tell you is HOW MUCH much they’d want to spend and where their comfort level is for spending. Remember to stay open to what your clients says since some clients might say “Wow, $35,000 is too much” while others might respond with “Yes, $35,000 sounds about right.” This is your chance to learn what they want to spend!
If you’re ready to learn how to successfully talk “money” with your potential client and turn them into a paying customer – then join me at 2015 Designing For Dollars – LIVE How to Get Paid Twice as Much: Secrets to Getting a Budget, Confidently Setting Your Design Fee and Signing Up Your Ideal Client! in Greensboro, NC on April 15 – 17, 2015.
2015 Designing For Dollars LIVE is your chance to connect with me and join a group of focused and energized designers from the national design community.
You’ll also get my tried and true methods for signing a client within the first 15 minutes of meeting, along with all these templates and done-for-you scripts (a $2,100 value) and enrollment into the 2015 Designing For Dollars LIVE Pre-Training Webinars ($697 value).