Dec 06 2008

A Simplified Marketing Plan that Works!

Category: Marketingadmin @ 2:01 am

When I started my first business in 1981, I researched business plans and marketing plans. I looked at all of the formats and read a lot about the purpose of creating a business plan. But I never got enthused enough to do it.

When I launched my speaking business in 1997, I reconsidered a business plan and a marketing plan. Again, they looked too complex - like a lot of “overkill” for my one-person operation. But I soon found that I needed some type of plan that would remind me of where I was going and how I planned to get there.

For the past several years I’ve been using a simplified marketing plan. And it’s been working for me. It may inspire you to do something similar - or at least do something! Here’s how it works.

At the beginning of the year (or during my planning period for the year), I list the goals for my business. I try to look at all of the facets of the business. For example:

1. Book X speaking engagements.
2. Give X free speeches.
3. Generate $X in consulting fees.
4. Increase website traffic to X page views per month.

Then I list the key factors to my success for the year and assign a code for each. For example:
* Increase online visibility. Code V
* Deepen my credibility. Code C
* Emphasize my experience. Code E
* Generate passive income. Code I

Finally, I outline the audience(s) I want to serve, assigning a code to each.
Speakers Code S
Authors Code A
Consultants Code C
Small business Code SB

Now I’m ready to put my plan into action steps!

At the top of the first page, I list the first goal: Book X speaking engagements. Then I list as many activities that will contribute to that as possible. Here are some I’ve listed this year:

* New professional photo
* Monthly contact with key advocates
* Monthly postcards with tip to meeting planners
* Demo video updated; distribute to speaker bureaus.
* Timeline for each engagement.
* Send press releases for each engagement, as appropriate.
* Specific series of follow-up activities for each engagement.

In addition, I list specific prospects that I want to target this year.

I repeat this process for each goal, listing any marketing or sales activities I need to do under the goal to which it applies.

Next, I go back and code each activity. First with the Key Factors code. Will this activity contribute to my visibility? Credibility? Experience? Or Passive Income? An activity can have multiple key factors. If I find an activity that doesn’t contribute to one of my key factors for the year, I ask myself whether or not this is an appropriate activity for this year. In many cases, I’ll discard it or lower its priority.

Finally, I go through each activity and code the audience(s) for which it will be appropriate. Most activities can apply to several audiences, but I’ll often find that I’m ignoring one of my targeted groups for the year. Again, I ask if there are additional activities I should be doing to serve them better or is it appropriate to ignore them for this year.

As a format I’ve found that this works well for me:

Task

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Aug 20 2008

Effective Small Business Marketing for Beginners

Category: Marketingadmin @ 2:19 am

Effective small business marketing is the lifeblood of any small business. An unsettling high percentage of small businesses fold within the first year of operation with most of the first year survivors closing shop by the end of the third year.

One of the major reasons that small businesses fail is a cash flow crisis. Effective small business marketing is one of the few business tools available to a small business owner that GENERATES cash.

Effective small business marketing starts with being able to write a simple and practical marketing plan, specifically for your business. This marketing plan then forms the basis of all your marketing efforts and acts as a reference point when you have to decide between two or more courses of action.

The result of following a well constructed marketing plan is that all your different marketing efforts form part of a co-ordinated strategy aimed at attaining your predetermined goal. That is in stark contrast to the marketing efforts of most small businesses and immediately puts you ahead of the pack.

Effective small business marketing naturally comes with some challenges - and advantages. Challenges might include a lack of marketing savvy, a limited marketing budget, time constraints especially if you are a one person business and so on. Anyone who has run a small business should recognise the danger of spending too much time working in the business rather than on the business.

There are many advantages however in marketing a small business as opposed to a corporate giant. These include a lack of a hierarchy of decision makers, no red tape to fight through to get anything done, direct contact with your target market and many more.

Effective small business marketing should and can be the cornerstone of every small business. Your simple yet effective marketing plan is the map that will guide you out of the woods towards a profitable business, irrespective of the market segment you operate in.

Keith Perrett is a qualified Veterinarian
and business owner. To get a free introduction on how to write a simple yet highly effective marketing plan for any small business, visit http://www.TheMarketingManual.com

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Aug 05 2008

Your Secret Marketing Weapon

Category: Marketingadmin @ 3:36 am

As a professional service provider, you’re paid for what you know. People come to your firm for the expertise you offer, first and foremost. Did you also realize that this is also your secret marketing weapon?

By sharing what you know, you actually attract people to you and build their confidence in you as the right solution for their problem. Now many professionals are afraid to “give away” trade secrets or expertise for free, but that’s not what I’m talking about. This is about putting content regularly out into the marketplace that is of enough value that prospects will automatically think of you when they have a need.

It seems paradoxical - the more you give away, the more people are willing to pay for your services - but it’s true. This exact approach has worked quickly and effectively for me for years. The key is that it’s got to be good and of high relevance to your target audience. This builds people’s confidence that you consistently know your stuff and that you can be counted on for long-term value. People soon realize that if you’re willing to give away such valuable expertise, think how great the solutions they pay for will be!

So how do you share your expertise with your target audience? Through writing and speaking. And it starts with being able to get your core ideas down on paper in a way that catches your audience’s attention and compels them to action.

If the idea of writing an article or giving a speech feels overwhelming, stay with me. I’m going to show you how easy it can be if you follow a basic formula that works every time.

Formula for Success

We’ve all stared at a blank page, at a loss for words or ideasand wondered how in the world to write the article, proposal, report or presentation that’s due soonwith the deadline looming and no inspiration in sight. It’s the worst feeling and brings out the procrastinator in all of us.

Next time you’d rather clean out your desk than force yourself to sit down and write something, try this easy approach:

1) Brainstorm a short list of things that your clients struggle with. What problems drive them to you? Why are they willing to pay good money for your services. Remember, it’s not about you — it’s about them, their pain, and their needs. This is now your list of topics for articles and talks.

2) Pick one topic and answer the following questions:

What’s the problem?

What’s the lost opportunity?

Why is this important to address?

What will happen if it’s ignored?

What’s your solution?

What tips do you have for implementing your solution?

What example can you use to illustrate your point?

3) Write your answers to these questions and don’t worry about how it flows or even that you’re using good grammar. Just get your ideas on paper (or into the computer). Notice that by now, you have at least a page written. Pat yourself on the back and keep going.

4) Go back and clean up what you’ve written, add a catchy title and some headlines to break up the text, keep your paragraphs short, add some bullets or numbers to guide the eye. Maybe add references or a diagram. Step back and review what you’ve done. By now, you’ve got an article!

5) Ask a couple of trusted colleagues, clients or friends for feedback on your draft - really do this because it helps! Plus, it’s a great confidence booster and low-risk way to share your writing with a small audience first.

6) Put your new article on your website, offer to send it as follow up when networking, send it to current clients, use it as the basis for getting booked for talks (more on how to in a future newsletter)whatever you do, don’t let it languish. USE it as a way of sharing your expertise.

For more tips on how to share your expertise through writing, keep reading…

Taking a page from Twyla Tharp’s new book, The Creative Habit, this prolific dancer and choreographer shares her tips for moving from procrastination to creativity, regularly and with ease. Apply these ideas to your writing and notice the difference

1) Set up a creative environment that’s habit forming. Creativity doesn’t just happen, it’s a disciplined skill that can be learned. Creativity is not a mystical, elusive gift that’s only accessible to artists. Everyone can develop it. Set up the right conditions and it eventually kicks-in. For me, it’s the act of daily planning that clears my mind to make room for ideas to flow. For you, it might be puttering in your garden or going for a walk. Whatever it is, do it daily and be disciplined about it.

2) Use an organizational system for your ideas. Over the course of a month, I run into articles, quotes, websites, books, photos, experiences, and conversationsall of which inspire me for an upcoming article or talk. I capture them in folders, labeled by theme or big idea. When I’m ready to start writing, I draw on this collection of resources to inspire and guide my thinking. Twyla Tharp uses a box for each new project. You might find a binder the best catchall. Whatever works for you, the mere act of labeling and filling your container demonstrates your commitment to the idea.

3) Scratch. Scratching is about seeking inspiration to fill your container. I scratch when I flip through copies of Fast Company and Inc. Magazine or browsing in my favorite bookstore (where I found Tharp’s book!). I scratch while networking with other professionals and ask what they’re working on or stuck on in their business. This is about where you get your ideasit’s kind of primal, and you never know what’ll inspire you.

4) Beware of these deadly mistakes: relying too much on others, waiting for or expecting perfection, overthinking, feeling obligated to finish what you’ve started, and working with the wrong materials. Any one of them will undermine your best efforts. If you’re stuck, look at each of these to see if they’re holding you back.

5) Find your spine. It’s your one strong idea, the toehold that gets you started. The spine of this e-newsletter, for example, is that writing is a core competency of effective marketing. Related to it is the inspiration I found in Twyla’s book.

6) Master your skill. You have to master the underlying skills of your creative domain, then build your creativity on the solid foundation of those skills. You can’t write or speak effectively about your chosen profession, if you haven’t mastered what you bring to the table to begin with.

7) Know the difference between a rut and a block. Writer’s block is when you’ve shut down and your tank is empty. In that case, you just need to do something - anything - to change the patterns in your brain (walk away, sing, get outdoors, do some yoga, cuddle with your petyou get the idea). A rut is more like a false start. This happens when you’re using a bad idea, it’s bad timing, or you’re sticking with old methods that don’t work. Get out of a rut by questioning everything except your ability to get out of it.

8) Fail often privately. This includes drafts that get thrown away, early versions that you share with trusted colleagues, testing your message while networking (”what’s your impression of?”). Then figure out why you’re failing (is it the idea? your timing? a matter of skill? judgement? nerve?) and address it before going public.

9) Believe in the long haul. Sharing your expertise through writing won’t be easy over night. It’ll take discipline to create a habit that eventually builds the skill. Believe me, it’s well worth it.

I’ve found that committing publicly (i.e., to subscribers of this e-newsletter, due out on the first Wednesday of each month) creates the right kind of pressure to motivate me into taking a disciplined approach to writing. Writing one good piece per month is doable and frequent enough that your audience won’t forget you. Before you know it, you’ll have a solid repertoire of articles and speeches to draw from in your marketing arsenal.

© 2003 TurningPointe Marketing, Inc. All rights reserved. We encourage sharing and publication of Your Monthly TurningPointe in whole or in part if copyright and attribution, including live web site link and email link, are always included. Please let us know where and when it will appear. Thank you!

(c) 2004 TurningPointe Marketing, Inc. All rights reserved.
Marketing educator, Kelly O’Brien, is creator of the “Create a
TurningPointe!” Marketing Bootcamp. To learn more about this step-by-step
program, and to sign up for FREE how-to articles and 20-page marketing
guide, visit http://www.turningpointemarketing.com

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