Seven Strategies for the New Year
by Rob Engelman
February 1, 2005
As we enter the early stages of the New Year, it is natural to
think about and plan our marketing and business development
activities for 2005. And it's also worth keeping in mind that
mega-successful business professionals and entrepreneurs market
themselves as much as they market their companies. High
performers create a personal marketing blueprint to guide their
business-building activities on a daily, weekly and monthly
basis—that's why we know who they are and what they do.
Whether you are a banker, attorney, independent consultant, real
estate broker, accountant, financial planner, insurance agent,
corporate executive or entrepreneur, consistent application of
the following seven core marketing best practices will enable
you to produce the kind of business results you want:
- Focus on your ideal customers. Everything starts
with customers. Without them, you would never make a sale. It
is critical, then, that you define your customer base as
specifically as possible—both the companies and the
individuals you covet as customers. Test your description with
a few customers and prospects who fit the profile. Do they
agree with your assessment of them?
- Know the "pain" that creates opportunity for you.
Think like a business doctor. People buy your services to
solve or avoid acute trauma or discomfort. It is unlikely that
your customers have you, or your company, at the top of their
priority list. They do, however, care very deeply about their
problems and desires. Clearly linking your solutions to your
customer's problems will allow you to rise in importance in
their minds.
- Define your personal value proposition. Generally,
people do not hire firms or institutions—they hire the people
who represent these organizations. So, you are the
message, and you are the product. This means that you
are also the product manager and the sales force. Therefore,
it becomes critical that you be able to describe—in a clear,
concise and meaningful way—what it is that you do (what pain
you solve) and for whom.
- Turn your clients into your sales force. Your
clients should be your best source of referrals and your best
source of advertising. Remember, referrals are made based on
personal reputations and solid relationships. Once a
successful project has been completed for a client, let them
know that you appreciate referrals and testimonials. To make
the referral process easier, make sure that they know exactly
the type of person with whom you would like an introduction.
- Build high-power allies. Invest time cultivating
exceptional relationships with a select team of professional
allies, both within and outside your organization. Go to
market against a defined target audience in a strategic and
cooperative basis with your allies. Build joint marketing
plans and determine the roles and responsibilities each party
will play. Refer lots of business back and forth, and keep the
lines on communication open and honest.
- Become a celebrated expert. The best business
marketers invest their time wisely by developing their
personal reputation. They differentiate themselves by
publicizing the qualities and experiences that make them
unique. They also use speaking, writing articles, conducting
roundtables and seminars, and joining/working with the right
organizations to their advantage.
Ask yourself…which two organizations can I take a leadership
role in that will not only stimulate my professional growth
but also increase my professional visibility and generate
business for me? Join those groups today.
- Build your personal direct marketing engine. The
previous six ideas require your personal effort (i.e., you
need to develop your own target market and value proposition).
Leverage these activities by communicating with your
prospects, customers, networks and alliance partners in a
consistent manner by using traditional direct marketing
methods such as direct mail, personal publicity, email
campaigns, Web sites and so on.
Why do these practices work? Success is not accidental. The best
business developers achieve leverage by developing a systematic,
step-by-step marketing process. It is in the process that the
gold can be found.
By using this approach in 2005, you will concentrate on the most
effective ways to create business for yourself on a consistent
basis. You will not have to become a "salesperson" constantly
hawking yourself to stay afloat, because business will begin to
come to you.
MarketingProfs.com
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