3D renderings are still a very strong tool to use in client and potential client presentations.  However, for those design firms that truly want to set themselves apart, Gibson Design Management recently started offering animated walkthroughs.  This is a true “Wow” factor for your clients.  They are not inexpensive, but they are very powerful.  As we rolled out this new service, I took a step back and put myself in the design firms’ shoes.  I asked myself, “How can this help our members’ and clients’ businesses?”

Rendering by Gibson Design Management

Here are three main ways:

1. Sell emotion. When your client is able to see what their space is going to look like before it is even built or remodeled, they are going to bond.  They will bond with the space.  That bond will extend to their bond with you as the design firm.  Often it is difficult to communicate a visual to a client using words.  Eliminate the need for words and show them exactly what you mean. (more…)

Thank you so much to Todd Wickersty at Business Bullpen for inviting me to guest post on their blog today.  See the full post on their blog by clicking “read more” below!

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Those who are not active on Twitter (or have never signed up) frequently ask: “What’s the point?” or “Is this really going to help my business?”

The short answer is: yes.  I know that it works because it has worked for our business in 6 very distinct ways.  The holy grail of social media still leaves the question of how to effectively analyze social media efforts.  It seems that John Lovett and Jeremiah Owyang, from Web Analytics Demystified and the Altimeter Group, are on the right track for creating a framework.  Until then, the list of 6 will have to be statistics free.

Creating leads. Twitter helps foster relationships if used properly.  It’s a way to engage in conversation and offer answers when asked—without expecting anything in return.

Click here to read more…

A guest blog post by Gail Doby, ASID, Design Success University

I’ve been an interior designer for over 20 years, so I’ve had plenty of time to make these mistakes.  Here’s a startling statistic (and I’ll bet it is higher during this recession) – 62.8% of all new businesses fail within 6 years according to the U.S. Census Bureau, and 96% fail within 10 years.  That means you’re lucky to be one of 4 out of 100 to make it past 10 years…or is it luck?

What if you could avoid the mistakes that these business owners made?

I’d like to see you avoid them, and if you’ve already done a few of them, now you can learn what not to do so you don’t waste your valuable time and money:

1. Not having a written “ideal client” profile – If you don’t know who your ideal client is, how can you tell other people who they can refer to you?  If you’ve ever had the client from &%$&, (or more than once) the key is to know what you don’t want in a client as much as what you do want.
2. Not knowing the lifetime value of your client – If you’ve been in the business even a few years, you can add up your billings and divide by the number of clients to get your current lifetime value.  You should also look at how long they stay as a client.  These two metrics are critical in your business planning and if you have this data as part of your Business Dashboard, it will help you grow your business. (more…)

Recently, our interior design firm received an RFP (Request for Proposal) to perform purchasing for a hotel renovation in the DC Metro area.  I must say that, as a small business, I am not fond of RFPs.

1. They take a significant amount of time to complete.
2. The typical conversion rate is low.  Many companies who issue RFPs already know who they want to use but are fulfilling a requirement by issuing them.
3. RFPs are formal.  As a small business, I cringe about formal interactions and would much rather develop a relationship, work with the potential client to assess needs, and then provide a proposal.  This is naturally how small businesses work best.

That being said, there are cases when responding to an RFP are necessary evils and are opportunities that should not be passed.  The best resource that I found for how to respond to RFPs and dealing with larger companies in general is Tom Searcy.  His company, Hunt Big Sales, provides consulting for small to mid-sized companies that wish to hunt larger “whales” for larger sales.  I used a lot of information from Tom’s book, Whale Hunting, as well as an e-book that is now going to be published called RFPs Suck!  How to Master the RFP System Once and For All to Win Big Business.  Here are some valuable lessons that I learned when preparing this RFP:

1. Be extremely picky.  Ensure that you should actually respond to the RFP and submit a proposal.  In most cases, you probably should not.  If you are not 110% qualified for the work that they request, you are wasting your time.  As Tom argues in his book Whale Hunting, the Inuit did not try to hunt every whale, realizing that they needed to focus in order to win.
2. Once you decide to respond to the RFP, get as much information from the issuing company as possible.  Try to meet with the people; if you have someone on the “inside” you are in a much better position.  If you don’t, your proposal is going to be a long shot because chances are, one of the other companies submitting a proposal does have an insider.
3. Be sure to answer each question posed in the RFP, preferably in the order and format that the questions are asked.
4. Deliver everything neatly and on-time.  I was fortunate enough to hand deliver and thus be able to spend time meeting with the decision-maker.  We were the only company to do that.

Most importantly, if you are completing an RFP for a big company, you, as a creative genius, will actually need to play down the creativity side.  Big companies want you to answer the question of how you are going to save them time, how you are going to save them money, and how working with you is going to be low risk.  While we each want to tout our innovation and creativity in approaching problems, these are actually scary words to a big company issuing an RFP.  Think inside the box…this might be the only time I issue those words.

If you ever have to respond to RFPs or ever want to respond to RFPs I would highly recommend Tom Searcy’s two books.

Gail Doby, Chief Vision Officer of Design Success University, and Nika Stewart, The Designers’ Success Coach, are co-hosting an exciting event that you don’t want to miss–The Interior Design Summit on October 28, 29, & 30.

Click here to learn more

This three-day event is unlike anything that has been done for the interior design industry to date. They are interviewing 11 speakers (so far) that are top-selling authors, business consultants and agents to celebrity designers, and other amazing guests that are sure to help you grow your interior design business.

What is unique about this event is that you can listen to this from the comfort of your office or home during these three days. No travel expenses, just a nominal fee for the event and you will receive recordings so you can listen again at your convenience.

Here are some of the things you will learn:

How to book yourself solid

How to market so you don’t have to “sell” to get clients

How to build amazing referral partners that send affluent clients to you

How to create your marketing plan to get a steady flow of business

How to work with the ultra-affluent clients – how to get them and how to serve them…learn what they are looking for in an interior designer

How to use newsletters to stay connected with your prospects and clients …without having to write!

How to use social networking to create an online portfolio especially if you don’t have a website

How to build your personal brand so prospects and clients immediately know who you are and what your business represents

How to build a great team and manage your staff effectively

How to streamline the parts of your business that you don’t enjoy

And much more…

Save the dates and plan to make this an event in your office by bringing in lunch and having a discussion (with yourself if you work solo, or with your staff) to create a winning plan to take your business to the next level.

Click here to learn more about the event