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Marketing Strategy - Whats Your System?
Where Do Most of Your Clients Come From? Is it from your marketing and sales system? When I meet people for the first time and they understand that I'm a marketing consultant, I'm frequently asked, "Where do most of your clients come from?" Many times I believe the question is asked innocently enough. But, quite often I feel like the person asking wants to know if I have a magic answer that might work for them. Most small business owners are passionate about the services they provide - not the marketing it takes to consistently find more clients. Many service businesses will admit that they're not really sure what works best or how to get going with marketing. With that as your starting point, marketing can sure seem like a lot of work that takes too much time and energy for the return on investment. Too often the result is a scatter gun approach. I refer to it as episodic marketing - a series of unfocused and hastily-planned, one-shot episodes (or campaigns). For example, throwing together a tri-fold brochure that you can start mailing or handing out to everyone you meet; or sending out a direct mail piece to try and stir up some interest. It's not uncommon that the motivation for these marketing episodes is a slow down in business. And then when business picks up, you quickly scrap the current campaign (until the next slow down). No System, No Consistency What's missing for most small service businesses is a system to break marketing down into a series of connected small steps to generate a consistent supply of leads and convert them into new clients. I think a lack of a system might be one reason why so many small businesses conclude that word-of-mouth is their best source of new clients. It's kind of funny because when I ask others where the business comes from, 99% say that it's referrals (word-of-mouth). But, when someone asks me, I actually have to pause and think about it. There's no doubt that referrals are one of the most effective ways to grow any business, but most service business owners would have to admit that they don't have any system for consistently generating word-of-mouth business. So Where Do Most of Your Clients Come From? For me, the answer is that they are coming as a result of my marketing and sales system. The same system I'm using to help teach my clients how to get better, more consistent results from their marketing is the system I'm using to build my own business. Having a system allows me to dependably follow simple, but proven and effective processes to consistently generate leads and convert them into more business. It is not one or two great ideas or strategies. It's breaking marketing and sales down into a series of connected strategies and tactics to gain attention from prospects and help them to become clients. The system helps move prospects forward that are ready to say "Yes", and lets those who are not motivated or ready to make the investment move on. Why Do You Need A System? If you don't have a marketing and sales system, you'll never be able to grow your business to its full potential. Most businesses address their primary business functions with systems. You have your billing system, accounting system, payroll system, and time management system. It's likely you have systems to manage client or project work. One primary business function that seems to go without a system is Marketing. There's a great misconception that to be an effective marketer, you need to be creative. And most small business owners will tell me that they're just not good at that. But I've come to believe that marketing should be more of a science (a system) than an art. Without a marketing and sales system, most service businesses end up reactively marketing when business is slow and stop when they are busy. This mindset usually lends itself to episodic marketing. With a system, you'll be better prepared to generate inquiries and convert new clients all year round. Marketing and Sales Notice that I've said you need a Marketing and Sales system. Marketing and sales are NOT the same thing, but you need a system that addresses both seamlessly. One of the notions I hear over and over again is that Marketing is about creating name recognition or brand awareness. I would argue that these are simply welcome side-effects of marketing. When you are a small business and all of your time, energy, and money count, then what you really need is for marketing to produce a consistent stream of good quality leads. Sales then is the process(es) you use to convert as many as possible of those high-quality leads into clients. This is why the two should be seamlessly addressed in your system. Too many businesses jump forward to selling before a potential lead is even established as a qualified prospect.Conversely, many leads go uncultivated when there's no means to explore the prospect and move them towards becoming a potential buyer. A System is The Key To Reaching Your Full Business Potential Now just imagine if you had a system to drive these vital functions in your business ? a system that breaks down the marketing and sales process into smaller, more manageable, interrelated steps. Think about your own business. Where do most of your clients come from? Is it from your marketing and sales system? It should be. (c) - Kevin Dervin, KPD Marketing About the Author: Kevin Dervin is focused on helping small businesses that are ready to grow, but struggle with how to consistently attract more clients. Visit http://www.proven-small-business-marketing-solutions.com for more great marketing information you can put to use in growing your business today. Find Kevin's Kansas City based KPD Marketing practice at http://www.ABCDgrowth.com and subscribe to his free ezine called ABCD Grow.
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And it's very ironic that this was the cause of my problem.You see, several weeks ago I had drafted my 90 marketing plan. This document describes what I plan to do in my Big Ticket Marketing efforts over a 3 month period. It's actually not that hard to figure out but it is something that you need to track closely and see which weeks of marketing effort have the biggest payoff. In other words, you want to track which things you did that resulted in the biggest payoff in sales, opt-ins by potential customers, joint ventures, branding, etc. Basically all the stuff we need to do to as part of our Big Ticket Marketing efforts. We want to repeat those things that give us the largest payoff in our next 3 month marketing plans and drop those things that didn't work out. 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The fact that the action is so small makes it easy for you to do SOMETHING and not focus on how much you have to do.Maybe a short example will help. One of my goals is to increase the readership of my articles and to get more people exciting about Big Ticket Marketing. One of the best ways to do that is to get my blog and my articles out to as many readers as I can. So this week, I wanted to get my Blog and my articles listed in as many E-zine and Electronic List directories as possible. I even have software to help me do this.Guess how many directories and list locations there are?Well... there are over 1000 just in the built in database in the software I am using.I kept putting this off, because I had a bunch of other stuff I needed to get done as well. But this was a major focus for me this week. Finally, what I decided to do was to just add my information to ONE directory or list every time I finished another task. 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