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 firm’s marketing mission
statement. Write down everything
you want to accomplish within your business. Then,
determine which items are doable and which ones
aren’t. Keep plans for the future in mind when
crafting your statement—which should be simple
enough to fit on a matchbook cover. If you can’t
explain it to people, how will you be able to
carry it out? Here’s 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 you’re a good fit
for them.
Don’t obsess about the competition,
but be aware of what others are
doing so you can decide what you’re 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 don’t 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 has—even
negative ones—will 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 firm’s 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 didn’t 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 doesn’t and continually refine the core
strategy behind your actions, you eventually will
get the right mix. Most of all, trust your own
instincts, but don’t dismiss the input of your
peers and clients in creating an appropriate
marketing game plan. |