Define
your brand. Ask yourself a series
of questions: What do I want my clients or
prospects to identify me by? Is it quality
products, fast service or low cost?
Do I target or serve a particular market
segment such as doctors, owners of privately held
businesses or high-net-worth executives?
Do I belong to any professional or
networking organizations, and do these
memberships benefit my firm? Now, look at your answers. Do you like
what you see, or do you want to make some
changes? Figure out your best attributes and
develop and market them to prospects. The
stronger your brand, the more likely it is people
will think of you and the services you can
provide them in your areas of expertise. Then,
reinforce your brand identity through constant
repetition at your firm in its literature, human
resources materials and day-to-day correspondence
and in the marketplace in ads, in phone and
e-mail communications and how you conduct
yourself with established and prospective
clients.
Decide on your
firms marketing mission statement. Write
down everything you want to accomplish within
your business. Then, determine which items are
doable and which ones arent. Keep plans for
the future in mind when crafting your
statementwhich should be simple enough to
fit on a matchbook cover. If you cant
explain it to people, how will you be able to
carry it out? Heres a sample statement: Provide
auditing services to clients in the legal
profession. Obtain such clients through a
campaign comprising direct mail, newsletters and
speaking at industry events. Set aside a day
just to think about how you will accomplish your
mission. You have to understand exactly what you
do and what to charge for your services so
prospects can determine whether youre a
good fit for them.
Dont
obsess about the competition, but
be aware of what others are doing so you can
decide what youre good at and concentrate
on it. Streamline your processes and systematize
them so anyone in your office can do the work.
This will free you to get on with the business of
promoting your skills. Worrying too much about
others or having too many administrative tasks to
do diverts energy and will have you playing
either catch-up or defense. There is plenty of
business to go around, and as long as you keep
your focus, you will do well. Learn as much as
you can about your target and ideal audience and
choose the appropriate distribution channels to
reach it. Use the radio, Internet banner ads,
direct mail, newsletters and trade shows to
distinguish yourself from competitors.
Learn from past
mistakes, and dont be afraid
to make them. Each time you make one, post it on
the wall. Your collection will serve as a
reminder of the things you tried that did not
work. This motivates you to try new approaches
and teaches you to not repeat the same error.
Every encounter your firm haseven negative
oneswill make it stronger in the future. Do
a quick marketing analysis by answering these
questions to determine whether your strategies
are working: What clients am I trying to
serve? How am I doing (excellent,
good, fair, poor)? How do I rate my
clients (fully satisfied, somewhat satisfied or
not at all satisfied)?
Develop a system for detecting
patterns in your marketing efforts before
embarking on any new promotional activity.
Sometimes you can gauge the success of a
marketing move by its timing. You glean this sort
of data after you try the same activity at
different points during the same fiscal year. If
radio ads or promotional events work better in a
certain month of the year, for example, use them
only at that time.
Revisit your
strategy often. What good does it
do you to labor over your marketing plan if you
drop it in six months? In order to know whether
the money you spend promotes your firms
growth, hold yourself accountable for the
results. Design the plan (it might be easier to
explain it to your staff if you create a
flowchart) before the year begins, monitor the
progress during the year and then analyze the
outcome. Determine what you need to correct by
examining factors such as promotional methods
used, cost of services provided and caliber of
clients attracted. Accept in advance that
alterations will be necessary; all businesses
have to constantly refine their marketing
budgets. If things didnt go the way you
wanted, change the budget midway through the year
rather than at year end. If you try to
distinguish what works from what doesnt and
continually refine the core strategy behind your
actions, you eventually will get the right mix.
Most of all, trust your own instincts, but
dont dismiss the input of your peers and
clients in creating an appropriate marketing game
plan.
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