Bare Essentials: Marketing as a Necessary Evil
Business owners across all industries and professions start companies because they have a specific expertise or interest – whether it involves trading currency futures or replacing car mufflers – and eventually discover that selling their product or service is neither in their wheelhouse, nor something they enjoy doing.
To make matters worse, business owners often engage ad agencies, PR firms and outside (and internal) marketing “experts” who are always ready to prescribe a long list of tactical solutions (white papers, blogs, newsletters, publicity, social media, direct mail, conferences, advertising, etc.)…all of which may be more likely to generate distractions and invoices than new accounts or revenue growth.
As a result, business owners are often left confused, disappointed and angry over the lack of return on their marketing investment. Or they’ve heard all the horror stories and avoid marketing altogether, hoping their "connections" will drive new business.
Because marketing is viewed by many business owners as a necessary evil, a common question they ask is, “What are the bare essentials that I absolutely need to grow my business?”
Here’s a very short list marketing essentials for B2B and professional services firms:
1. A Website that’s Worth Reading: Your website must provide visitors with a clear understanding of who you are, what you do, how you do it, why you are doing it, and who would benefit most from what you do. Your website should also:
Use plainspoken, simple language
Not ramble on, or seek to dazzle readers with your brilliance
Be written by a professional copywriter; not by you or by your attorney
Contain graphic elements that support your firm’s brand (avoid cheesy stock photos)
Feature a limited number of sections / pages, and be easy to navigate
Take advantage of Search Engine Optimization (SEO) tactics
Avoid being overly self-promotional
Present your professionals as individuals who are real and approachable
Use first-class, consistent photography for people’s portraits
Consider using a brief video (under 2 minutes) of your key people, and / or an animated video that explains your business
Include contact information; not a generic response form
Not require a user name and password to gain access to white papers or other content that showcases your firm’s intellectual capital
Even though your website will be “brochure ware” with little or no functionality, it’s important that it be properly wired into Google Analytics or clicky.com, so that you know who is visiting your site, where that traffic is coming from, what information they are looking at, and how long they are staying. If you don’t monitor website traffic on a regular basis, then you are missing opportunities to follow-up on potential interest, and to make ongoing improvements to your website and marketing strategy.
2. A Device that Helps People Remember You: The key marketing goal for most service-related businesses is top-of-mind awareness, which means getting people to remember you, and to reach out to you when they’re ready to buy whatever you’re selling. Because you can never know when your target audiences (current and prospective clients, intermediaries, referral sources, etc.) will be ready to make decisions, your firm must create an internal discipline and content to remind them of:
- Your existence
- Your intellectual capital
- Your credibility
- Your potential to help them
To achieve top-of-mind awareness, you’ll need to establish and maintain scheduled, direct communication with your target audiences, either by email or snail mail. The two necessary component are an up-to-date database (or CRM system), and interesting, relevant content to send to them on a quarterly basis. For many firms, the database creation is relatively easy; but content development can be extremely difficult because it takes time and planning.
Here are some ways to make this process simpler and more effective:
Create a repeatable format, such as an interview series, a partner letter, or hypothetical (or real) case studies.
Your content should not be lengthy, and should accommodate surface readers through headlines, subheads, sidebars, an intro or summary.
Avoid canned newsletter formats and do not promote firm-specific news. No one really cares about your firm’s recent mud run or fundraiser.
Address topics and issues that demonstrate the firm’s thought leadership, but don’t present it in an overly academic, ponderous style. Make it readable, and skip the complex charts.
Add all the content you generate to a “Thought Leadership” section of your website, so that it gains broader exposure and longer shelf-life.
Remember that your marketing strategy here is consistent contact with decision-makers. So unless you commit to communicate on a regular basis, don’t start a market outreach program. If quarterly is too onerous, then semi-annually is better than nothing. Just keep in mind that there is usually an opportunity loss associated with infrequent contact. And if all this sounds like too much work, then skip to Item #3 below.
3. A LinkedIn Profile that Mirrors Your Website: LinkedIn has become an important market research and due diligence tool for all industries. To leverage this online exposure, and because LinkedIn can drive traffic to your website, your company’s LinkedIn profile should have the same look and feel as your website. This graphic and content consistency suggests to outside audiences that your firm has its act together, strategically and operationally. Here are some other ways to benefit from LinkedIn:
Make sure that the individual profiles of all your staff members are a reflection of your firm’s professionalism. Although this effort can be like herding cats, at the very least ensure that your firm is described accurately and consistently in all their LinkedIn profiles.
Ensure that all of your staff profiles include photographs. Better yet, bring in a professional photographer and provide all staff members with high quality photos for their LinkedIn profiles.
Post all of the Thought Leadership content (described in Step 2) onto your firm’s LinkedIn profile as it’s published, to gain additional exposure.
Work at building your LinkedIn connections, which should also be added to your database of target audiences that you reach out to on a regular basis.
If you’re looking to do only ONE “bare marketing essential” from this short list, focus on building a world- class website. Your website still serves as the mother ship of your brand, it’s the one place that all prospective clients will visit, and it can kill interest quickly if it’s not professional-looking and distinctive. And if that’s too much of a marketing burden, then you might consider another profession...perhaps as an astronaut or a rodeo clown.