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What
you are about to read is classified information and should not be
shared
with anyone. Ok, it's not exactly top-secret, but it could save
the life of your business. If you are a consultant or self-employed
individual, you know that your business absolutely depends on providing
a quality product or service to your customer. Equally important,
but often neglected, is getting critical exposure for your business. In
order to get this exposure, your business must have a sound
marketing
strategy. |
Unfortunately,
many consultants lack any sort of marketing savvy. But don't panic! You
don't need a MBA degree to do an effective job of marketing. My
no-frills marketing tips are designed to give you an easy-to-follow
marketing approach that includes direct mail and the internet. Best
of all, these tips are absolutely free! So sit back, relax, and
enjoy!
Let
me start by saying that I am NOT a marketing expert. My background
is actually engineering and software design. But like so many other
technical professionals
in my field, I initially avoided anything to do with marketing,
thinking
that my technical skills would be more than enough to grow my
consulting
business. The fallacy became evident as I began to see a steady decline
in income. Realizing the error of my ways, I set out on a mission
to re-invent my business from the ground floor. The foundation would
be a solid marketing plan.
I
initially avoided anything to do with marketing, thinking that my
technical
skills would be more than enough to grow my consulting business. |
The
first thing is to realize is that an effective marketing strategy is
not
an extravagance, but a matter of survival. What's that you say?
Your resources are limited and you don't want to spend thousands of
dollars
on a marketing consultant. While you may not have the luxury of
unlimited
disposable income, the good news is that you don't really need that
expensive
marketing consultant. Now, I'm not advising against the use of a
marketing consultant. To the contrary, there are some really good
ones out there who are well worth the investment if you can afford
them. But if you're looking for a favorable marketing strategy for
minimal investment,
my no-frills approach is an option you should consider.
The
plan focuses of two main parts: internet advertising and direct mail.
The level and mix of these resources you use will depend heavily on
your
budget constraints. To be effective, you must first determine who
your customers are. Answering this question is necessary in helping
you decide how to reach your target audience. To determine who your
customers are, take a hard look at the products and services you
provide.
To
be effective, you must first determine who your customers are. |
Choose
one or two products or services which are likely to generate the
greatest
level of income and then concentrate on those. Remember that your
success
in marketing depends on being focused. Look at past customers in
those areas and the industries they represent.
Internet
advertising
Once
you've identified your customers, you should begin working on an
internet
advertising strategy. The advance of the world wide web has made
the internet a powerful resource. Internet commerce has grown
astronomically
in recent years, making it a formidable means of income. One thing
you should do in taking advantage of this resource is to get a website
for your business if you don't already have one. You can build
the
site yourself or hire someone to do it for you. Whatever method you
choose, be sure that your site specifically identifies your products
and
services as clearly as possible. You can benefit greatly by viewing
websites of competitors.
Next,
consider an internet advertising strategy. One example of an effective
internet
marketing tool is Google AdWords.
AdWords are short text advertisements consisting of one title line and
two content text lines, typically appearing to the right of the browser
page. AdWords offers pay-per-click (PPC) advertising, and site-targeted
advertising for both text and banner ads.
I have
found AdWords to be a simple and effective way to get exposure.
One
of the nice features is that you can set up preset spending limits on a
daily or monthly basis. On the down-side, if your ad is
incorrectly
targeted or is too general, results can be dismal and funds can quickly
evaporate. Fortunately, AdWorlds provides robust tools for
evaluating
your ad campaigns and allows you to adjust them on-the-fly if
needed.
For more information about Google AdWords, click
here.
Direct
Mail
Advertising
through direct mail is another effective way to target potential
customers. You'll first need to decide what type of liternature to
send. Many advertising experts insist on a prescribed set of materials
including a cover letter, brochure, and a reply card. While this
method can be useful, there are other methods which can be equally
effective. For instance, instead of mailing a complete set of materials
contained
in an envelope, consider sending a single oversize postcard. If
designed
properly, the response rate for your postcard can be very good. The
simple reason is that a large percentage of traditional letter
advertising
is thrown in the trash without every being opened. Using postcards
guarantees that your ad will be viewed and gives you an excellent
chance
to grab the interest of potential new customers.
Direct
Mail Options - Pros/Cons
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Pros
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Cons
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Traditional
Letters
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More
ad
space
|
Higher
postage cost
Letters
may be discarded without opening
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Postcards
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Lower
postage costs
Potentially
higher response rates
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Limited
ad space
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Designing
an effective advertisement is not as difficult as you might think.
All that is required is a good graphical design program and a bit of
creativity.
When designing an ad, carefully consider the content. Make sure
it
is visually appealing so it captures the customer's interest. Don't
simply present facts and figures, but give the customer the impression
that he just can't live without your product.
If
you feel uncomfortable designing your own ad, there are many reputable
ad agencies and mailing services that can help. If you choose to
hire outside help, be sure to stay involved in the process from
beginning
to completion. After all, no one understands your product or service
better than you. To ensure your satisfaction, provide detailed input
to the ad designer(s). A sample postcard ad is shown
below:
Principal
Elementary
School
Youngstown,
NY 12345
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While
your ad is in production, you'll want to consider a mailing address
list. There are several choices here: build your own list, purchase a
list or
rent one. The internet provides a vast resource of companies and
information, allowing anyone to do a decent job of address collecting.
But be advised that building your own list will be an arduous task.
Consider renting a list for as little as $50 per 1000 addresses.
You can also buy a list but be willing to spend a bit more. The
difference
between buying and renting a list is quite simple. Renting a list gives
you one-time use while buying permits multiple uses. When seeking
out a list service, be sure to ask how often the they update their
databases.
Lists must be updated periodically to keep them current.
Develop
a routine
Now
that you have some new marketing strategies, I encourage you to begin
implementing
them. In no time you will begin to see positive results. But
let me give a word of caution - don't let the successes lull you into a
sense of complacency. Without a steady flow of prospects, business
will eventually run dry. Marketing is a discipline and must be
followed
routinely for continued success. Develop a schedule or plan of action
and stick to it. For instance, decide that one day every other week
will be devoted to marketing activities of some kind. This
could include developing a new AdWord campaign, updating your webpage,
contacting past clients, etc. In the beginning, the routine may
seem
awkward or even unnatural. But in time, you will find that you are
looking forward to developing new marketing strategies and will find
the
process enjoyable.
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