Tag Archive for: marketing

Yesterday, I had the pleasure to be invited to do an ‘Ask The Experts’ call with Colleen Ferrary, President of Small Business USA. Colleen and her organization are dedicated to helping small business owners access resources that help them succeed.

On our call, we discussed a number of factors that both enable and dis-able the ability of a small business owner or solo-practitioner to be effective in their marketing.  I thought it would be timely and useful to share some of the highlights of our call with you, today.

Marketing Means

We began by talking about the role and definition of marketing.  While there are various ways to define this essential business growth function, I said I like one that’s fairly simple:  

“Marketing is a business function that reflects the decisions you make and actions you take, over time, to increase the quantity and improve the quality of opportunities where a sale can be made”

Marketing effectively, means you’ll be coming into contact with people who can best understand, value, desire and afford the beneficial difference you can create in their life on a predictable and regular basis.  And that spells S-U-C-C-E-S-S.

The Challenges You Face

Typically, if you’re a small business owner or sole-practitioner, marketing is a challenge. Why?  Because it sucks . . . resources away from other activities in your business where you’d prefer to use them.  Notably, there are four (4) factors that limit your ability to market your business, your products and your services as effectively as you’d like:

Time
You have all the time in the world.  24 hours per day.  So a lack of time isn’t the problem.  OK, what is?  Making choices on how to use your time that doesn’t help you your marketing, effectively or efficiently.  Too often, I see people who make bad choices on how to invest their time on marketing as well as other areas of their life.  Making better choices seems easy enough.  Until you realize there is an emotional payoff for the choices we make.  Yes, including the ‘bad’ ones.  Reframing the importance of marketing can help.  But this is a real issue.

Money
Business people often lament, “I can’t afford to spend money on marketing”.  Really?  Tell me, “Can you really afford not to market your business or practice?”  Unless you’re absolutely without a source of funds for marketing, this is not a good mantra.  Said often enough, you may actually believe it!  My suggestion . . . get in touch with WHY you want to market — the consequential benefits it will produce — and you’ll reframe this issue in a totally different and far more productive way.

Skills
This is probably one of the few legitimate reasons why people don’t market effectively.  You need to have an aptitude for marketing.  Not everyone does.  Maybe not even you.  But even if you have it, you need time to invest in learning how to do it effectively.  For these two reasons alone, having the requisite skill to do your own marketing isn’t something that’s safe to assume is always likely to happen.

Staff
If you’re a solo-practitioner, you have a number ‘hats’ to wear.  For that same reason, you will be most challenged by this factor.  You know the meaning of the saying, “If it’s going to be, it’s up to ME!”.  Your nemesis is, more than anything, time.  More precisely, it’s all the demands you have to do everything you must in the 24 hours a day you have to do it.  If you lack the skills to do your marketing, then you’re really in a tough spot to get your marketing done effectively and efficiently. If you lack both time and skill . . . get someone else to do your marketing activities for you . . . or, suffer the consequences.

If you have staff, they may be just as challenged to do your marketing –– for the reasons cited above.  First, they must have skills to market your business, products and services.  Second, they must have the time — in addition to what you’re already asking them to do — to do marketing on top of everything else.  Regardless of what your employees’ challenge may be, something has to give and usually, it’s not something you’ll like.

A Solution You May Like

If you’re a big company with lots of money (a sure-fire way to buy someone else’s TIME!) and staff (some of whom have some aptitude for marketing), then this won’t be of interest to you.

BUT . . . if you’re a time-starved solopreneur or self-employed advisor / planner / professional . . . this may be the best way to do marketing –– for you –– that is not only simple and effective but affordable and sustainable, as well. (How cool is that!)

Say “Hello” to PAM — Personally Assisted Marketing

‘PAM’ is a marketing service that’s designed for you if you lack the time and possibly the skills you need to do your own marketing.

Because PAM is affordable, you don’t need to invest a lot of money to see meaningful and measurable results.  In fact, your marketing budget, large or small, is capable of generating a really nice ROI for you . . . in the hands of ‘PAM’.

 

How It Works

The power of PAM comes from a series of ‘touches’ . . . contacts made with people who are your prospects, clients and centers-of-influence.  Most of these are done FOR you . . . by a VMA (Virtual Marketing Assistant) who is assigned to handle your marketing.

We’ve learned the #1 reason smaller firms, consultants and advisors find marketing so frustrating is that they’re trying to do it themselves.  Not good!

That’s why you want someone else — your VMA — to do most of the ‘heavy lifting’ your marketing requires.  This allows you to respond to marketing that puts people, with a PAIN or a PREFERRAL into contact with you on a regular basis.  That is ‘all good’ for your bottom-line!

The Eight (8) Touches PAM Makes For You

Since most of your clients are buying a relationship with you, PAM focuses on creating ‘touches’ that are personally meaningful to the people you’re cultivating for the lifetime value they offer you . . . either in the form of revenues and/or referrals.  These include:

Emails
PAM sends these to people who want to hear from you — i.e. 100% opt-in.  These emails are short, interesting and can be scanned in no more than 7 seconds.  We feature your photo and contact information prominently on each one.

PAM also does all the ‘work’ involved in creating these emails.  From researching, writing, releasing and reporting on what your people do after they receive them.  All you need to do is invite people to receive them from you.  PAM . . . does everything else!

This keeps you top-of-mind with people who can, sooner or later, buy from you or refer you to others who can.  They’re also designed to get people to ‘raise their hands’ and let you know they’d like to learn more about specific products or services you offer.  Sweet!

Phone Calls
Once a quarter, your VMA will make a ‘courtesy call’ to each person you’re cultivating.  The goal for each of these calls is to do three (3) things:

1.  remind them that you are thinking about them . . . in a fiduciary way . . . to ensure they’re doing well

2.  learn if they have a need that someone (an ‘Expert’) in your network may be able to help them address

3.  invite them to request a call or arrange a meeting with you, if they wish, to discuss a matter of importance . . . to them

Do you get a periodic call from the office of your doctor, dentist, accountant, coach, auto mechanic, remodeling contractor, etc.  Few do.  But the impression it makes — and the perception of ‘preference’ it generates — for you when you do this is . . . ‘priceless’.

Meet ‘N Greet Lunches
One of the best ways to reconnect with people who are ‘key’ to your practice or business — prospects, clients and centers-of-influence — is by breaking bread together.  Once or twice a month, PAM arranges for you to meet with 2 – 3 other people you’re actively cultivating.

You have to eat anyway, why not use the opportunity to strengthen relationships, introduce people who know you to one another.  In the process, you’ll discover needs and opportunities you can address.  Plus, ‘PAM’ takes care of everything — from contacting the restaurant (or, ordering the food to be delivered to you office), inviting and confirming the ‘guests’ and following-up afterwards.

Thinking of You Emails
Periodically, PAM will send a brief email to people you’re cultivating with one or two sentences.  Something like, “Dear Mike — I saw this post on Linkedin and thought you’d find it of interest.  Hope all’s well with you and yours.  Sincerely, Christine”

Sending these thought-full emails to your ‘special’ people on topics you know (and, tell PAM!) are important to them will make YOU far more valuable to them, as well.  Guaranteed!

Preferral Exchange Meetings
You know there are certain people in your business circles who have referred people to you in the past and likely would do so again in the future, right?  Well, do you plan to reconnect with them on a regular basis?  If not, PAM can help make that happen.

Once or twice a month — you choose — PAM will arrange for you to meet with people who are likely to introduce you to new people who are likely to understand, value, desire and afford your problem-solving services.  Of course, fair’s fair and this is an excellent opportunity for you to return the favor.

But the bottom-line is that, by doing this consistently and conscientiously, you’ll be regularly generating new people to talk with because of the influence and prestige of someone else who’s already established a ‘trusted advisor’ relationship with them.  Kind of makes your work a lot easier, doesn’t it?

Introductions to Your Experts
As PAM connects with your people each month, ‘needs’ will be learned and shared with you.  Many of these will not be needs for something you do.  But other people you know will be able to help.  When that’s the case, PAM will help you make an introduction of your contact and your expert.  This tends to delight three (3) people.

Your contact is delighted because you’ve helped them to identify and meet with someone they can trust — because they trust you, yes?  Your Expert is delighted because you’ve helped them to meet with a prospective client they might other never have known about.  And then there’s you.  You now have two (count’m 2!) more people in the world whose opinion of you has gone up a few points.  That’s called goodwill.  And goodwill turns into more revenues and referrals!

Items-of-Value
Staying-in-touch and top-of-mind with your key people is an important thing to do.  And, do regularly.  That’s why an item-of-value is so important.  This ‘touch’ needn’t be expensive.  But, it must be thoughtful.  It’s a tangible experience that reminds someone you’re cultivating that, “You’re important to me”.

These items are usually very simple, inexpensive and have a high utility value.  One of the more creative clients we’ve had the privilege to work with uses a solid milk-chocolate bar that shows their practice’s name and logo.  It doesn’t last long (DUH!), but the feeling it creates for our client and their firm is . . . priceless!

Handwritten Notes
Each month, PAM will remind you of certain individuals who should receive a handwritten note from you.  These are (mercifully) brief.  Why?  It’s not the message you write.  It’s the message you’re sending to someone you’re cultivating — “You’re important to me”.

The reason notes work so well is that in a high-tech world where it’s so easy to ‘like’ someone’s page on Facebook or ‘follow’ someone on Twitter, you have to give your personal attention and time to write a note and (snail) mail it to someone.  What your effort communicates, more than any words you may write on the card, is that the recipient is someone you regard, respect and value.  Get your people feeling that feeling on a regular basis and you won’t worry about any alleged competitors!

The Power of PAM: Synergy

As good as each of these ‘touches’ may be, the real power of the PAM service doesn’t come from using any one of them.  It comes from the synergy of combining all of them into a coherent and coordinated plan of action that is carried out consistently and diligently.

Your PAM plan is uniquely tailored to your needs and resources
For example, you may not want to have two Meet ‘N Greet lunches every month.  OK, just do one.  Or, you prefer your item of value to be a white paper — rather than a keychain calculator.  That’s fine.  You have a lot of latitude and options.

Regardless of your choices, just be sure the type and frequency of the PAM ‘touches’ your plan calls for are done consistently.  That’s why we assign a Virtual Marketing Assistant to you . . . to help you make sure your marketing activities  happen “according to plan”.

POINT:
Don’t Let Limiting Factors Hold Back Your Marketing and Your Success!  Get PAM working . . . for you!

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Learn More About PAM — Personally Assisted Marketing
Complete the form below.  Mention ‘PAM’ in the comment box.

We’ll be in touch to discuss how it works and, more importantly, how it may be able to do what your previous marketing efforts haven’t done as well as you wanted.

Inbound vs. Outbound Marketing
One of many changes I’ve seen this year is the movement toward marketing that focuses on ‘Inbound’ strategies and tactics vs. ‘outbound’ strategies and tactics.

It’s kind of cute . . . but also accurate to depict the ‘old’ with the ‘new’ marketing along the lines of the famous Apple vs. PC commercials . . . Enjoy!

OUT is ‘Out’ and IN is ‘In’
In 2012, we live in a robust web-based world — based on the fact that tweets, texts, email on your smartphone, and even McDonald’s has free WIFI.  You may or may not like that but . . . you can’t really ignore it, either.

The fact that we’re so digital has irrvevocably changed the world as we (once) knew it.

Marketing  . . . Then and Now
Not too long ago, if you were going to ‘do some marketing’ . . . you were likely thinking about running ads, making phone calls (cold calls!), sending out direct mailings, attending trade shows and the like.  Without a web-based medium (i.e. the Internet), what other choices did you have?  None, really.

Today, the options and expectations for marketing your business have changed.  Seriously changed!  The name for the new approach is ‘Inbound’ (vs. outbound) marketing.  This refers to being found — online — by people who want and are searching for what you can offer and/or do for them.

KEY POINT:
It’s a ‘Brave New World’ . . . are you planning to be in it?

One of the more exciting developments to come out of my relationship with Duct Tape Marketing is a a program called The Marketing Catalyst.

It’s designed to give small business owners a simple, effective and affordable option for building a SYSTEM for marketing their products and/or services.

Here’s a brief video introduction about this from Duct Tape Marketing’s founder, John Jantsch:

Get a FREE ‘TEST DRIVE’ of this online, 24/7/365 on-demand program . . . click here

I just returned from Kansas City, MO. That’s where the annual ‘Gathering’ of Duct Tape Marketing is held.  My fellow DTM Consultants and I meet to renew alliances, build new ones and share the ‘best and the brightest’ ideas with one another.

This year, John Jantsch, founder of Duct Tape Marketing shared a remarkable update to a venerated old standard — The Marketing Catalyst.

What Makes The New Catalyst . . . ‘New and Improved’?
Couple of things are readily apparent.  First, the program is now fully online.  That means that access to the participant materials is a close as your web browser and available 24/7/365.  “ON Demand . . . with the Brand (Duct Tape Marketing) that’s IN Demand”.

As you can see . . . the ‘new’ Catalyst is based on Duct Tape Marketing’s Ultimate Marketing System.  The ten (10) sessions provide a comprehensive approach to small business marketing that you can access — along with the guidance and support of SellMore Marketing –– over a period of time that ranges from 6 months to a full year depending on the needs of a client.

I also love that John’s made the program extremely ACTION-ORIENTED.  This is not an academic or philosophical program.  You’re going to work. Hard!

Each ‘session’ is based on specific behavioral ‘assignments’ that you must complete to ‘pass’ that session.  And there’s no place for shirkers, either!  If you’re serious about growing your business revenues by improving your marketing . . . this is a program you’ll love.

Here’s an image of the ‘Action Items’ for just one one of sessions:

Small Group Participation OR . . .  1-on1 Consulting — YOU CHOOSE
This version of Duct Tape Marketing’s Catalyst program is only available through a Duct Tape Marketing Consultant (like SellMore Marketing). If you prefer to work through the new Marketing Catalyst in a small group of your fellow business owners, that’s easily arranged.  If you prefer to work 1-on-1 with your Duct Tape Marketing Consultant, that’s easily done — using the online Catalyst site as your ‘base of operations’ while ‘we’ get you through the program content, assignments and to the improved results you’re seeking from doing your marketing — simply, effectively and (very) affordably.

My point — it’s comprehensive, and it’s easily used.  I sincerely believe this is one of the best things to come out of Duct Tape Marketing in quite some time!

Tomorrow, I’ll share what’s ‘new’ about the ‘old’ Catalyst. John Jantsch has been hard at work making serious improvements in how we help our clients approach their marketing.  It’s very uplifting and, these days . . . that’s a message of HOPE we can all benefit from having!

Email is a great medium for marketing.  If, that is, you do it effectively.  That means doing it correctly.  Here are five (5) means of making your email marketing truly marvelous.

Get Real . . . using Outlook to send email is not.  A real ESP (email service provider) such as Constant Contact, MyEmma, MailChimp, etc. will be easier to manage and more likely to get your emails put through to your intended recipients.

Professional Look and Feel . . . get a graphic designer, skilled in html to create a customized email template for you and your business.  Using generic templates, while quick and easy, are the equivalent of using clip-art on your website.  It’s so ’90’s!

Email Regularly . . . sending email on a regular basis keeps you from being forgotten or, even worse, accused of spamming someone. Use a marketing calendar to PLAN your mailings and follow your schedule once you’ve set it.

Check Your Stats . . . email services provide valuable reports on such metrics as percentage of your mailings that are being opened, which links are being clicked (and, by whom), etc.  You can make better decisions about marketing with email but only if you know what’s working or, what’s not!

Be Relevant . . . failure to speak to what your recipients care about is email marketing suicide.  It’s certainly enough to get people to stop reading what you’re sending.

KEY POINT:
Email is an excellent marketing medium IF you use it properly. The ‘rules’ aren’t many and they aren’t difficult.  But they must be honored.