Why do you write business proposals? Same reason we do! We write proposals to win more business, pay our bills and send the kids to college. Same as you, I guess! Right?
I’ve been in the proposal development game for eleven years. I don’t call myself an ‘expert’ but I have learnt a few things that might interest you. Especially if you want to avoid the mistakes I made…
What’s the best way to write a proposal? There is no ‘one way’ that works every time. But here are some pointers to consider.
“For your own good” is a persuasive argument that will eventually make a man agree to his own destruction. Janet Frame
To make your proposal work, you need to persuade your client that your solution is significantly better than your competitors. Not slightly better, but so much better that is would be foolish not to accept it. What makes this happen? As you write your proposal, look at where and how you can persuade the reader to buy your product.
Business Proposal Development in Four Steps
Your can persuade the reader to consider (and hopefully award) the contract to your if you use the follow four tactics:
1. Understand Your Client’s Needs
How do you do this?
- You get the reader’s attention by highlighting a specific need or problem they have and then explain how you can solve this.
- You need to show that you understand their need and approach this from many angles throughout the proposal.
- Demonstrate to the client that you recognize their need. State it clearly.
2. Show The Benefits
Next, discuss the benefits they can expect to gain by accepting your proposal. Discuss the solution at a later stage.
Focus on explaining how the client can improve their:
- Profitability and
with the solution you’re offering.
To support your argument, explain the consequences of inaction or selecting inferior products. You’ll establish credibility not so much by demonstrating your expertise, but by showing your understanding of their business needs.
3. Discuss Your Solution In Plain Language
Make sure that the reader clearly understands what you are proposing.
- Ask yourself – can they summarize in one sentence what you are proposing.
- Make a firm, clear recommendation accompanied by specific action steps. Avoid vague statements.
- Recommend a specific approach or application: “We recommend that the Client use our company to design, write and produce its corporate marketing brochure.”
- Present it so well that the client believes that your solution will meet their needs.
4. Give Details, Recommendations and Endorsements
Provide the reader with sufficient details. Demonstrate your qualifications and competence to deliver the solution:
- On Time
- Within Budget
- To Specification
This effort will show that you understand the costs involved, particularly the Return On Investment to the client.
Also, discuss related issues, costs, management issues, schedules, risks, future implications. Always return to your key selling point and recommendation presented in terms of a quantifiable benefit. Wrap up by give convincing reasons that the client should choose you over all others.