What Price Marketing?
It’s astounding to me how much consultants spend on marketing that not only need not be expended but is pretty useless, and how many simple, inexpensive activities with high impact are ignored.
Interested in reading on?
Here are examples of wasted time and money—poor ROI:
• Third parties who claim to market you or include you on some list or site. These people simply make money from your subscription or membership, and besides, this is a relationship business, not conducive to selling through lists. Would you buy services this way? Many of these groups make outrageous claims, have shills give testimonials, but can be found on various “rip-off” web sites where victims tell the tale. Do you choose a doctor or attorney from a list, or from personal references and having heard that they’re good?
• Search Engine Optimization, the mythical “SEO.” The people making money here are the ones helping you to achieve SEO. In the consulting business, buyers don’t troll the Internet searching for consultants or key words. They act on word-of-mouth and reference, and use your web site to investigate your credibility and expertise. You’re not selling toasters or time-shares. Save your time. Web site “hits” are irrelevant. You only need one good hit.
• Long hours on social media platforms. I’ve written about this here recently: http://www.contrarianconsulting.com/what-price-glory-orcan-we-get-some-air-in-here/. I don’t care about the exceptions who “claim” they are doing six figures on Linkedin. If you are a consultant working with corporate clients and prospects, that’s not where to spend marketing hours (I don’t care how many leisure hours you spend there, it’s your time). I’ve found utility in social media platforms, but not in place of far more effective marketing pursuits.
• Indentured servitude in return for “exposure.” When you work for free or peanuts, people often learn of your arrangements. You’re also clearly seen as a performing seal—you’re there to please the crowd on behalf of someone else.
• Self-development programs with people who do nothing but self-development programs (usually featuring multi-page letters of benefits, testimonials, and “money back” guarantees). Has the person who will be in front of you actually done, personally and successfully and continually, what you want to learn to do better? Or do they merely provide advice and coaching or, worse, are a representative of someone providing advice and coaching?!
Here is what you can do to thrill people with your marketing and achieve huge ROI:
• Return your calls and emails properly. If you can’t call or write back because you’re currently with a client, or traveling, or on vacation, or whatever is consuming your current attention, that’s not great focus, that’s a learning disability. Simply get back to people quickly and you’ll not only start the relationship process earlier, but they will get an idea of how responsive your are. (When I used to routinely call people back from Hong Kong, they were astounded. The call cost about $20. Calling back from a beach in St. Barth’s, believe me, is not a hardship.)
• Orient your marketing materials toward the client, not you. Your credentials and methodology are unimportant. How the client is improved is important. Do you have case studies, typical client results, and a buyer-friendly web site, collateral, and conversation? Do your testimonials talk about how great you are or how great the client results are?
• Learn business etiquette. In the Million Dollar Consulting® College I’ve often had a segment on social etiquette. In the preparatory work, participants would remark, “I have no needs in this area,” and treat the session lightly. Then they would use the wrong bread dish at dinner and hold their knife as if playing a role in “MacBeth.” Buyers can be turned off when you act as if you’re new in the big city.
• Learn the language of the sale. Use language correctly, confidently, and cogently to turn aside buyer objections and focus on the next step in the process. It’s really that simple. Influence is about language. Language controls the discussion, the discussion controls the relationship, and the relationship controls the business.
• Associate with people who ARE master marketers, and with whom you can see the evidence to support this. Don’t copy them, but do appropriate the techniques that work for you (so long as you don’t plagiarize or steal). There are people out there obtaining great consulting business right now. Why them?
Why not you?
© Alan Weiss 2009. All rights reserved.
