{"id":1041,"date":"2016-11-29T12:19:01","date_gmt":"2016-11-29T17:19:01","guid":{"rendered":"http:\/\/bly.com\/blog\/?p=1041"},"modified":"2016-11-29T12:19:01","modified_gmt":"2016-11-29T17:19:01","slug":"the-paradox-of-underfunded-vs-well-capitalized-clients","status":"publish","type":"post","link":"https:\/\/www.bly.com\/blog\/general\/the-paradox-of-underfunded-vs-well-capitalized-clients\/","title":{"rendered":"The paradox of underfunded vs. well-capitalized clients"},"content":{"rendered":"<p>Are rich people who spend a lot of money with you often prima<br \/>\ndonnas who are demanding and impossible to please?<\/p>\n<p>From what I&#8217;ve seen, this is sometimes true in the world of<br \/>\nconsumer marketing, whether at a luxury resort, 5-star gourmet<br \/>\nrestaurant, or exclusive London men&#8217;s shop selling bespoke suits.<\/p>\n<p>But in business, I have found quite the opposite to be true &#8212;<br \/>\nthe more money a client spends with you, the more respectful,<br \/>\npolite, and easy to work with they will be &#8230; because the more<br \/>\nthey value you.<\/p>\n<p>The converse is also true: the client who talks you down in<br \/>\nprice and gets you cheap turns out to be the most difficult,<br \/>\ndemanding, hard to deal with, and impossible to please.<\/p>\n<p>My theory as to why this should be so is as follows&#8230;.<\/p>\n<p>If the client with deep pockets is an entrepreneur, part of his<br \/>\nsuccess is that he takes pains to treat people fairly and with<br \/>\nrespect, so they in turn will like him and give him their best<br \/>\nwork.<\/p>\n<p>And if your client is with a big corporation with deep pockets,<br \/>\nthen he is usually a full-time professional marketer, and he<br \/>\nknows how to deal with vendors in our field &#8212; and has the budget<br \/>\nto afford them without undue hardship.<\/p>\n<p>On the other hand, some entrepreneurs with shallow pockets often<br \/>\nhaggle over your price, not because they are jerks, but because<br \/>\nthey are on shoestring budgets.<\/p>\n<p>They also question what you do at every step. Not because they<br \/>\nwant to be picky or difficult.<\/p>\n<p>But because they desperately need their marketing campaign to<br \/>\nwork, inexperienced clients may find it difficult to let go of their<br \/>\nown judgment in favor of an expert&#8217;s, like yours.<\/p>\n<p>Therefore, the well-heeled clients with big budgets who pay<br \/>\ngenerous fees are so often the easiest and most cooperative to<br \/>\nwork with &#8230; while the tiny accounts who have to watch every penny<br \/>\ncan sometimes be difficult, demanding, and contentious.<\/p>\n<p>Are there exceptions to all this? Of course. I write copy for a<br \/>\nnumber of small businesses whose owners I am incredibly fond of.<\/p>\n<p>But overall, the generalizations I just made turn out to be true<br \/>\nmore often than they are wrong.<\/p>\n<p>Do you find they hold true in your business as well as mine?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are rich people who spend a lot of money with you often prima donnas who are demanding and impossible to please? From what I&#8217;ve seen, this is sometimes true in the world of consumer marketing, whether at a luxury resort, 5-star gourmet restaurant, or exclusive London men&#8217;s shop selling bespoke suits. But in business, I [&hellip;]<\/p>\n","protected":false},"author":1848,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1041","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/posts\/1041","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/users\/1848"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/comments?post=1041"}],"version-history":[{"count":2,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/posts\/1041\/revisions"}],"predecessor-version":[{"id":1045,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/posts\/1041\/revisions\/1045"}],"wp:attachment":[{"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/media?parent=1041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/categories?post=1041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bly.com\/blog\/wp-json\/wp\/v2\/tags?post=1041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}