Today we’ll explore how the kings of
industry wine, dine and otherwise cajole their prospects.
Most successful professionals use a
series of information-based ads that build emotion with a call to action. This
is much more effective than standard company branding advertisements. The same
principles that go into developing a high impact (and often, high priced) ad
campaign can be adapted to fit your needs with similar results.
Here are some ways to create and
execute a professional, effective ad campaign:
- Formulate a short
report that you will automatically send to prospects when they contact
you. This should include a short description of your business and your specialties.
Don’t forget to include case studies, samples or other proof of your
success;
- Develop
value-oriented yellow page ads;
- Consider newsletters
as a way of educating and informing customers about your industry and
services offered;
- Offer a free seminar,
webinar or other lecture to build awareness of your business, but make
sure the information provided is pertinent to your target market and any
featured speakers are respected and well-known in the industry;
- Buy an existing
business, introduce improved marketing and grow this new business faster
than a “from scratch” business;
- Always test different
versions of your ads to find the most effective ones;
- Use direct mail
marketing to expand your business;
- Create a database of
previous customers and send them new information;
- Offer incentives such
as frequent purchasing benefits, loyalty or referral programs, or others;
- Approach large firms
who may need your services and negotiate a deal to be their exclusive
expert in your field;
- Offer a 24-hour information
line with a regularly updated recorded message. Make this available to all
past and future customers and/or clients;
- Donate time or
materials to local charities to show support in your area;
- Offer public clinics
for the general public to come along and discuss what they need that’s
free and approachable;
- Organize seminars that
your customers and/or clients will pay to attend by putting together a
high-perception value package;
- Approach local
newspapers by offering to write a weekly column about your area of
expertise. Don’t ask for money, just a byline and bio;
- Develop a weekend or
destination seminar for customers and/or clients. Not only does this give
you an action-packed weekend with the most important people, but also provides
your customers and/or clients a tax-deductible business adventure;
- Take a good seminar
and turn it into written form as a home study, member site program, audio
or video program;
- Approach large
companies and offer to give seminars to their employees, investors, or
management;
- Be proactive with
your marketing plan;
- Barter for your
marketing. Offer products or services in lieu of payment;
- Be willing to bring on
new clients at a loss initially, as it will likely pay off later;
- Regulate your
marketing budget to maximize the potential income from them to hit the
next year and try to push back advertising costs for the next year to
offset your expenses;
- Make offers to target
markets or target market businesses to compensate them for referrals or
shared databases;
- Offer loaner products
to replace equipment that is to be repaired or refurbished;
- Give away something
free to everyone who brings in a print version of your advertisement. This
is a great way to see which ads are giving you the most bang for your buck;
- Continually consider
what new products and/or services you can offer to current customers and/or
clients;
- Develop a mail order
division of your company;
- Offer a proposition
to your competitors to trade customers and/or clients you were both
unsuccessful in landing;
- Use alternate marketing
tactics as an excuse to attract new customers and/or clients with new
offers and goodies;
- Offer a
“you-choose-the-price” program. This is especially good for stale
inventory.
So as you can see, there are at least
30 great ways to market to other professionals and businesses. Some additional great
ways to get your name out there for little or no cost are:
· Get involved you in your community through volunteering
or donating to local events, etc.;
· Join your local Chamber of Commerce and
attend the networking and other activities throughout the year;
· Join a local, state or regional
professional association for further networking opportunities;
· Become a board member of a local
organization.
Advertising should never be your only
method of marketing. There are a myriad of ways to get your name out there in a
way that feels personal to potential customers and/or clients.
“Effective
advertising…must be used to get your name out to the public. If your name is
not familiar to people, they will not come to you.” Jay Abraham
If you’re not sure where to start
with your marketing plan or how to reach out to your local community,
competitors, customers and/or clients, and others who could influence your
business in a highly positive way, reach out to me to get the proper tools and
resources to boost your business to the next level.