As an entrepreneur
who writes proposals all the time,
here's the one universal truth I can
tell you about them: No two
proposals are ever the same. When my
literary agency has to write a book
proposal, it can run 50 to 60 pages.
When putting together a keynote
speech, my proposal is a one-pager.
For the Diamond Group, the company
through which I license products, my
proposals go into great detail and
are extremely lengthy. So if you
were to ask how long a good proposal
should be, my answer would be "It
depends."
But a proposal's effectiveness is
not judged by its weight, or even by
what is written on the paper. A
proposal's effectiveness is based
solely on the value you bring to the
table. When you do your initial
presentation, that's part of your
proposal. When you meet your
prospects for the first time, shake
hands and talk about their kids,
that's part of the proposal. When
you start listening and asking
questions, that's part of the
proposal. Because when it comes down
to putting something on paper, no
matter which way you do it, all
these other elements come into play.
What you're proposing is the
framework for a relationship.
Sometimes, when the relationship is
complicated by technical issues, a
long proposal is necessary to help
the prospect make a decision. Other
times, the proposal's purpose is
simply to make sure everybody is on
the same page.
It's not easy to write an effective
proposal; there are no rules that
cover every industry and every
circumstance. But there are steps
you can take to ensure that your
proposal gets the job done.
1. Focus on the
customer's hot buttons.
A proposal should focus on how your
product or service will help
prospects achieve their goals and
meet their objectives. Although you
may have a standard template you
usually use, each proposal should be
individualized to meet the
particular prospect's needs.
2. Keep it as short
as possible.
There are times--especially when
technical statistics and complicated
products are involved--when
proposals need to be packed with
data. Otherwise, you should keep the
proposal as short as possible while
still making sure it contains all
the necessary information. Proposals
that have gorgeous covers, include
press releases and a dozen
testimonial letters may look good,
but the truth is that 99 percent of
the time, the prospect will flip
through all those pages and go right
to the dollars, and you end up
selling on price instead of value.
Focus instead on what the client
really wants to know.
3. Ask the prospect
how to write the proposal.
Say this: "If you were to get the
proposal right now, what would be
the three most important points that
would help you make a buying
decision?" Have the prospect
prioritize those points, and then
construct your proposal accordingly.
If the prospect has formal proposal
requirements, ask whether he or she
has written guidelines you can
follow or even a previous proposal
you can review to make sure yours
fits within the proper parameters.
Think of your proposal as a tool to
forge a strong and long-lasting
relationship with this prospect.
Focus on what the prospect sells and
how you can help him or her achieve
those goals. When prospects see that
you've put in the time and effort to
understand their business and
objectives, your proposal is sure to
end up making the sale.