What does Compariter do? |
We gather information. Through our telephone researchers and direct into our web site we identify companies and other similar organisations that...
The most important thing to understand about using a Compariter opportunity is that our purpose is to provide you with the first step into building that all important relationship with your prospect that will result in them becoming your client. As a professional service supplier you will already know that you can never turn a prospect into a client without first creating and building that relationship. Business relationships are based on human interaction and as a result they will vary a very great deal. With some prospects you may be able to create that relationship very quickly, in some cases almost immediately. Other prospects may take you a long time, it could be many months of careful relationship building before you get any success. In many cases, statistically most, you may not be able to build a relationship at all and you will not therefore be able to turn that prospect into a client. This is the reality of human interaction and building relationships. Compariter cannot build the relationship for you. We provide information, the reason, the 'excuse' to enable you to begin to try and build a relationship with a prospect. We provide first stage qualified opportunities. By that we mean the prospect has expressed an interest in the services you sell. The level of interest from opportunity to opportunity will vary from urgent and intense to general and mild. We try to reflect the differences in our pricing and descriptions. Before using one of our opportunities it is wise to read the advice presented below. About the Compariter serviceThe principle behind the Compariter service is simple. We provide information outlining when companies are buying the services which you sell - allowing you to make the right approach to the right company at the right time. You pick and only pay for those opportunities that you choose to pursue. The aim of Compariter is to provide accurate, first stage qualified new business opportunities which are as accurately matched as possible to our clients at the lowest possible cost. The business opportunities we aim to provide are specifically to identify when prospect companies and other organisations are buying certain services or express an interest in buying those services. We go further and try to get as much information as we can get about what each prospect wants regarding the provision of those services. This extra information acts as a filter to define the sort of supplier that is best suited to approaching the prospect company. The service is currently aimed at creative agencies, Public Relations agencies, Event management agencies and training services. There is a lot of cross over in these areas and many specialised agencies who would not describe themselves in the above groups might still find opportunities appropriate for them. By specialised we mean such agencies as branding consultants, packaging design, direct marketing agencies and so on. We have future plans to expand the provision of the Compariter Service into other areas. Review this website regularly or email telling us of your area of interest and we shall let you know when we are providing the Compariter service in your area of interest. Prospects either contact us direct and make a request to find appropriate suppliers or, our researchers telephone them to explain what we do and discuss their needs. Information we accumulate is always checked and clarified. All of our information is obtained by actions that are active not passive. We only get our information as a result of a direct contact or a telephone conversation with someone at the prospect company. We do not engage in passive research such as media study. We seek to talk to the most senior individual we can. We are totally open about what we are doing and we give them the reasons for giving us information. If they give our researcher information it will be recorded in our database. In most cases a follow up phone call is made to confirm the details of the first phone call. A letter or an email will be sent from us to the prospect company telling them to expect approaches from our clients. The purpose of the letter is twofold. First it confirms our telephone conversations and gives the company an opportunity to stop us giving information to our clients, second it acts as a preparation so that clients approaches are expected and given due attention. Our research team continually work on a database of major companies, government departments, and education organisations, all of which use the services in which we are interested. Advice on how to approach companies We get a huge amount of feedback from the prospect companies and we have some key advice for suppliers. Unless we say differently in the information we supply this is what your target prospects want from you...
Finally, unless we advise differently in the information we supply, remember that we have confirmed to the prospect preparing them for approaches from our supplier clients. If you wish, you can mention Compariter in your approach letter but you do not have to do so. As a general rule, provided it fits in with your marketing style we would advise you to do so. Why companies do not get too many approaches We never sell information to more clients than asked for by the prospect company. This puts the prospect companies in control of how many approaches from our clients they can expect. Every time we identify an opportunity we always ask the company how many approaches from our clients they want. Our database is marked with that number and when it is reached we will stop selling the information. New opportunities are added every working day. For this reason it makes good sense for you to review this web site regularly and make any purchases you want without delay. Although we do sell out of some opportunities we usually have plenty that are not sold out and are still current and available. Why the companies give us information The main reason that the companies give us information is that we are not selling them anything and they buy into the benefits which we give them for doing so. The major reasons we give follows. Companies have a natural desire to want to identify suppliers that are right for them. One of their biggest frustrations is that they are bombarded by sales approaches continuously, occuring mostly when they are not buying. The vast majority of sales approaches are inappropriate for them and are made at the wrong time - when they are not buying. If the prospect company gives us information they solve both of these problems. The more detailed requirements that the prospect give us, acts as a filter so that they should only be approached by suppliers that are qualified in the way they want them to be. Furthermore the qualified suppliers should approach them at the time they want i.e. when they are buying. There are lots of companies who have found exactly the right supplier as a result of an approach by one of our clients. They see our service as something of real value to them. We do not hassle or antagonise any prospect companies whatsoever. They are trusting of what we do because we make every effort to respect what they want. How the Compariter service is so low in price There are two main reasons. First, efficiency. We operate a straightforward simple and very efficient system. We do not tailor the service to any particular client. The service is designed to enable clients to tailor the service for themselves - that is why we call it Compariter because our clients pick and only pay for the information on opportunities they choose. The second reason is that the costs are in effect shared. Any supplier could do in-house exactly what we do - it would cost exactly the same, thousands of pounds each month that it costs us. Because we will sell the information to as many suppliers as the prospect company specifies, the cost is shared and therefore massively reduced to our clients, the services suppliers. It must be understood that we will only sell the opportunity information the number of times which the prospect company specifies. If they only want three approaches we will only sell it three times - to the first three clients that considers themselves matched and so buy. In fact, companies limiting themselves to so few approaches are rare. Most seem to want about a half a dozen initial approaches. Obviously it does vary from company to company. If you ask to buy information which we have already sold to the limit we will decline to sell it. We will not bury the prospect companies in approaches they do not want. The benefits of using the Compariter service The Compariter Service provides information which points you in the right direction to win business which you might not know about otherwise. It provides you with the first step in building a relationship that will allow you to turn a prospect into a client. And it provides this information at a cost that is far lower than you could do it in-house. There is no doubt that our most successful clients apply a long term budget to our service and use us relentlessly long term. We recommend that you keep visiting this site since new opportunities will appear on a daily basis. close |
How does this help me – an agency? |
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It allows you to direct your new business energy at companies that have said they are expecting to buy your services and to whom you match well. You are not guaranteed to win any new business, but if you approach properly, in a professional manner and with the clear aim to first build a relationship you can place yourself in a strong position to win new business with the company in the future.
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We get testimonials from everyone. Both the services suppliers - who are our customers, and the companies - who are your prospects and hopefully your customers. Some of our testimonials are shown below ... "Lime Creative find Compariter a useful resource to identify tenders that may not be indicated through our usual new business routes. The daily emails provide information on prospective clients who may be interested in hearing from agencies, or live tenders. This allows us to make a decision as to which leads are the right fit and just last week we won a Compariter tender, here's hoping for more to come...",
Andrew Byrne, Creative Services Director "Compariter's information is accurate and thorough and somehow manages to get through to people you'd think would do all they could to avoid their call. What they find out is invaluable - and they're great at reading between the lines to find the nuggets their clients are looking for. We've certainly won business as a direct result of Compariter's information." "We have been using compariter for some years now, I am pleased to
say that the quality of information is first class and accurate, we
are also pleased to say that it has led to several key opportunities
and account reviews and most importantly several new business wins-
highly reccomended." "We have been finding the quality of leads provided by Compariter have been very effective in generating genuine opportunities for us to engage with key decision makers on a range on on-brand projects. I find Compariter a valuable daily source of new business leads which are accurate and relevant to our business, and with a superb personal service to back this up." "For the 2 years I have used Compariter, I have found it to be a useful
business resource. We have pitched for, and won numerous pieces of
business through Compariter and I would recommend them to people as a
reliable and honest service." "We have used the Compariter service on many occasions and have found
their resource very useful in topping up our existing client portfolio.
"We have used Compariter over the past year to source opportunities for new business. We have found their information to be accurate and have won business which would not otherwise have landed on our desks!
Compariter offers a unique introduction opportunity to bring businesses together by identifying needs." "In just 8 months Compariter has opened the door to over 20 decent new business opportunities that our other activities wouldn't have identified. We've already had success with 3 good wins and a number of others are on the touchline. Some leads are warmer than others but they are generally honestly priced. Compariter deserve their own line in any new business budget." "Thanks to Compariter's lead we now have a new TV advertising account and a new long-term contract with a major FMCG manufacturer."
"I personally have spent tens of thousands of pounds on strategic new business agencies and market intelligence, however none of these expensive strategies has produced results anywhere near the Return On Investment I achieve using Compariter." Subject: Proof that the system works.
"We first used Compariter some years ago as part of a substantial mixed marketing method, today we ONLY use Compariter as a resource for new business. The quality and detail combined with the value gave us max bangs for our bucks; great people, who genuinely care. The fact we only use Compariter speaks for itself. Information is simply, clearly packaged for prospects who seem to actually want to hear from the approaching consultancy. Recommended" "As a small design consultancy sourcing leads is something which has proved very tricky...until one day we found Compariter. Since that day we have never looked back...a large project win with our first purchased lead and fingers crossed that's not the last!" "Compariter is a great resource for any new business department - a worthwhile and valuable resource I would encourage everyone to bookmark." "Just writing to say thanks for finding our client the perfect PR company.
We were set a challenge to find a PR company that had the right consumer healthcare credentials and the candidates that were presented through you made our job so much easier. In the end we were able to select two companies out of five presentations, and then together with our client, decide who would be most suitable going forward.
Our client was very pleased with the find and now has the right team to launch a new range of male grooming products in the New Year.
We will certainly be using your service again in the future, and now know why you're so successful!" |
How does this help the company? |
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Companies want to find motivated suppliers that are as matched to their needs as possible. We only sell the opportunities the number of times that the company wants approaches – this allows the companies to limit the number of approaches they receive. If they are approached by a matched supplier with the right attitude and a clear desire to build a relationship... They will be very interested.
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