Do It! Marketing Blog: Marketing for Smart People™

Just posted this 4-minute video on how you can increase your website traffic, leads and blog readership using LinkedIn Groups.

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Please leave a COMMENT below about your own advice on using this technique - and your success stories in doing so!

Independent research with over 700 professional services firms proves that the #1 source of business is “Making warm calls to existing clients” – no surprise there.

But the #1 source for generating NEW clients is “Speaking at conferences, seminars and trade shows.” (Wellesley Hills Group, Trends in Professional Services Lead Generation Report)

So if you want to win NEW business from NEW clients, speaking is your most direct path to that goal.

Yet if yours is like the majority of firms, you haven’t yet cracked the code on how to put all the pieces together to make speaking pay off for YOUR partners, YOUR executives and YOUR team to consistently attract YOUR best prospects and clients.

By the time you're done reading this post, you will understand how to unleash the power of 3PR in your firm's business development efforts, including the #1 strategy - speaking.

Question: As a professional services firm principal, managing director, CEO, partner, or practice leader... Is this you?

• "We often get beat up on price because we have no credibility with prospects who've never heard of us before"
• "I'm constantly asked for new marketing tools, brochures and presentations but nothing seems to help"
• "How do I know which marketing strategies and tools will help us close more sales?"
• "There has to be a more systematic way we can market our services"
• "There are so many new ways to reach buyers these days; should we be using social media, blogs, podcasts, video? And do any of those even work in our industry?"

If any of the above statements sound familiar then it makes sense for you to explore the power of 3PR -- Personalized Professional Public Relations. 

3PR is a combination of strategies, tactics and tools designed to help you and your professional services firm accomplish one or more of these seven key business objectives:

1. New Lead Generation
2. Building Credibility and Brand Preference
3. Connecting with Media & Industry Analysts
4. Opportunities to Engage Your Top Talent
5. Management Development
6. Thought-Leading Content Creation
7. Contribution to Your Professional Community

Let's unpack specifically what we mean by 3PR - Personalized Professional Public Relations: 

• Personalized: Your firm is made up of individuals. Each member of your team has specific strengths, capabilities, preferences and personalities that can be leveraged in marketing, positioning, and amplifying the messages your firm wants to impress on your prospects, your clients and your influencers in your target markets.
• Professional: 3PR has one goal - professional exposure for your firm's expertise, products, services, and value proposition. Many professional services firm partners and practice leaders shy away from the spotlight of 3PR saying, "It's not about me." While this is true, it certainly IS about YOU providing value, expertise and guidance to help your target market succeed. 
• Public: Your team may be top-notch with proven expertise that generates amazing results for your clients. However, if you don't make your expertise public, you will suffer what many small and midsized firm principals describe in frustration as "Best Kept Secret Syndrome." 3PR puts your expertise in front of prospects -- exactly where it belongs if you want to generate new business more easily and more often.
• Relations: Stop thinking in terms of "closing the sale" and focus rather on building relationships with your audiences, readers, followers and fans. The content that you share in a typical 3PR campaign is useful, valuable, actionable, specific and insightful. Do this consistently and you'll build trust, likeability and a reputation for excellence. So when a need arises, you and your firm will be on speed dial and your prospects will consider it a serious mistake to hire anyone else. 

As a marketing speaker and marketing coach, I preach and teach and continually refine my own ability to stimulate more and better referrals in addition to helping my small business and professional services clients do the same. 

Although I am not a referral expert - check out my pal referral marketing expert Michael Goldberg for that - I am indeed a referral enthusiast. 

A client of mine - a consultant with a midsized firm - asked me a great referral question.

After reading this post, YOU will see where your own referral generation process may be stuck - and how to fix it. 

My client said to me, "David, I don't seem to have any problem generating referrals. In fact, my clients and colleagues are always very generous and forthcoming with referrals. The problem is not with QUANTITY - it is with QUALITY."

She went on, "No matter how successful my referral source may be, they seem to always refer me only to losers. I hate to say that - but you know what I mean. People who can't afford what we do, folks who are not decision-makers, or folks who for a variety of reasons are simply not the right fit."

Her question: "How can I get out of referral jail?"

Here are five ideas to help YOU get out of referral jail and put YOUR allies, advocates, friends and fans in the best and most likely position to refer you to the right people for the right reasons with the right fit. 

1. Ask for what you want. 

Be specific. "Business owners" is not specific. "IT managers" is not specific. "Front line salespeople" is not specific.

• "CEOs of 20-100 person companies in the food distribution industry in the Northeast US" is specific.
• "Female sales executives in the technology industry" is specific.
• "IT managers in Canadian call centers" is specific. 

Some of my clients also like to include a "phrase book" in their referral description. This means the phrases to listen for that indicate someone may be a good fit as a referral to you.

The WORST kind of referral request is, "I'll talk to anybody who needs [your product/service.]"

Stop making dumb referral requests and you'll stop getting dumb referrals.

2. Show them names, companies, and proof that you can make those people happy.

Let's face it - the reason people don't want to give you referrals is because they're putting their own relational capital (aka reputation) on the line. And that's risky.

If you can remove the risk of the referral, you will open the floodgates to getting more and better referrals for life. 

Hint: They won't believe YOU. They WILL believe your clients, past referrals, and people who have given you money and been thrilled to do so. 

Print up a sheet called "Referral Success Stories." Put in 5-7 specific referrals you've gotten over the last 12 months. Put in TWO kinds of quotes from both:

a. Clients who were referred and eventually hired you (Client success)
b. Your referral sources who are quoting how good they looked for making the referral (Referral success)

3. Tell them exactly what to say or send.

I hate to repeat myself so let me simply point out this post on the power of referral blurbs. Follow the templates given here to create your own referral blurb and START USING IT.

4. When a bad referral comes in, give some referral coaching.

When you get referred to a dud, diplomatically tell your referral source why it wasn't a great fit AND how they can tune their radar better next time.

Here's the template you can adapt to your own situation, style and tone. This is a delicate communication so you will want to re-word this carefully. Definitely not a cut-and-paste cookie cutter response but here's your starting point: 

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Michelle,

I've kindly and gently turned down the opportunity to pursue a business relationship with [referral name.]

Too many red flags and especially after listening to his concerns, he's just not a good fit for us.

Thank you very much indeed for the referral - and in my book, it still counts. (EVERY referral counts no matter how it turns out!!)

If this causes you any strain in your relationship with [referral name] (and I doubt it will), please accept my apologies in advance.

For the record, his PROFILE was perfect - [DESCRIBE 2-3 ideal qualities about the referral.] The disconnect was in OUR FIT with his expectations and [lack of budget, lack of need, lack of authority, whatever was missing] -- two factors over which YOU had no control.

Always appreciate your advocacy, guidance and friendship.

-- David

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5. Ask smart Referral-GIVING questions to generate smart Referral-GETTING answers. 

If you want to increase both the quality and quantity of your INCOMING referrals - the fastest way to do that is to increase your OWN track record of GIVING high-quality referrals. 

And to do so, you need to stop guessing and start targeting. 

Become a referral detective.

Learn to ask consultative questions of your current clients, vendors, partners, suppliers, friends, colleagues, and networking associates -- anyone to whom you wish to GIVE more targeted referrals. 

Your questions might include: 

1. Who is your best client and why?
2. How did they come to you? 
3. What situation were they in? 
4. What did they say or do to show interest? 
5. How could you tell they were a great fit? 
6. How have you tried to get more just like them? 
7. What should I be listening for? (Ask for details and specifics)
8. What's the DNA of a great prospect for you? (Ask for details and specifics)
9. What phrases, key words or problems should I be listening for on your behalf? 
10. What wants, needs, desires, and aspirations do your best clients have in common? (Ask for details and specifics)
11. What heartaches, headaches, obstacles and challenges do your best clients have in common? (Ask for details and specifics)
12. If I programmed my GPS to home in on perfect prospects for you, what would those settings look like? (Ask for details and specifics)

As a marketing coach, clients often ask me about getting featured and quoted in the media. 

My short answer is simple: Subscribe to PR Leads (at $99/month, it's the best money you can spend on PR, bar none.)

Second question clients ask is, "How do I get the journalist to email me or circle back with me once the article is published or posted online?"

The short answer is - forget it. Journalists need you as a source and then they move on to their next assignment, hardly ever looking back, much less following up with egomaniacal entrepreneurs who drool over seeing their name in print (or electrons).

So you can chase these poor reporters and the only thing you'll do is ensure they NEVER use you as a source EVER again.

OR you can offer to help them.

Here's the template:

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Mike,

Wanted to circle back with you to see where things landed with your fabulous story.

Is it live online or could you send me a copy?

Let me know anything else I can do to promote, tweet, link to, and share your work.

Thanks!

-- David 

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Guess what? This gets a response. 

Every. Single. Time.

Use it - share it - and please use the COMMENTS area below to share your experiences leveraging PR to help you grow your business. 

p.s. Want some expert help to get you started on article marketing and PR? This program might be exactly what you've been looking for. 

Marketing Concept: The Power of "Because"

Guest post from Sales Speaker Ron Karr

Imagine you have been waiting on a long line for the cashier in a supermarket. After 20 minutes your turn is finally approaching and out of nowhere someone cuts in front of you.

What would you do?  

Depending on your personality and values, the answers would vary from being quite physical to saying, “Hey buddy, the line starts back there.”  

Now imagine the same scenario, this time the person who cuts in front of you says, “Would you mind terribly if I cut in? I need to because __________”  

The reasons after the word “because” can vary from the person needing to get back to a child or animal in a car, needing to get home for an ailing person, being late picking up his kids, being late for work, not feeling well, etc.  

The actual reason matters, but it would not mean anything if the word “because” did not precede it. The word “because” signals a justification, a reason why something should be done. In the example above, not many people would... 

Read the rest of this post on Ron's Sales Expert blog here. 

Marketing Concept: Your home page is your calling card. 

Question: Are you communicating everything that you need to on that all-important home page to get people engaged with you and your products and services? 

Let's back up one step. Before you can answer that question, a better marketing concept to explore is the key question: 

What IS the main purpose of your home page? 

Multiple choice answers for you to choose from: 

a. To create a cosmetically appealing "cover page" for the rest of your site

b. To concisely summarize all your product and service offerings

c. To showcase your primary offering that you want to highlight (your flagship product, current promotion, etc.)

d. To create an easy-to-navigate roadmap with multiple ways to access the key pages of your site

e. None of the above

And the answer is... 

Wait for it...

Hang on... 

Alright, you win - it's e. None of the above.

Why? Because the main purpose of your home page is to convey two (and only two) key marketing concepts:

1. We know what you (the prospect, reader, website visitor) are going through.

2. We can help.

Here are 12 home page must-haves according to our partners over at Hubspot: 

What do you think? Please share your insights in the COMMENTS section below and..

Are you a DO IT freak? Welcome to the club!! Please use the social media buttons at the top of this post to share it with your network. YOU are a rock star!

Here is special treat for you: A 68-minute content-packed interview with speaker's bureau owner and speaker success coach Shawn Ellis of Succeed Speaking and The Speakers Group.

Simply right-click the link below and select "Save File As..." "Save Target As..." or "Download Linked File..." and save the digital audio file to your Desktop:

Download Interview Now

Shawn and I share some rock-solid ideas to help you grow your speaking business, approach speakers bureaus in the right way at the right time and for the right reasons, separate your speaking business from the rest of the pack, and leverage your long-term value to clients way beyond your speech. 

Shawn helps speakers have more fun, reach more people and make more money.

NOTE: Don't forget to grab your Succeed Speaking Subscribers Toolbox of resources, videos and tips that Shawn and I mention during our interview. Grab your copy now at...

http://www.succeedspeaking.com/ 

Listen in, grab your free resources and then please leave a comment below so you can...

This email just came across my desk from marketing speaker and marketing coach Machen MacDonald...

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The first 90 days of 2012 are in the bag. How did you do?  

Are you on track for hitting your annual goals?

Consider using the powerful questions below to help you and your team reflect, re-calibrate and project increasing results.

Reflecting on Q1:

1.  What was your biggest triumph in Q1?
2.  What was the smartest decision you made in Q1?
3.  What one word best sums up and describes your Q1 experience?
4.  What was the greatest lesson you learned in Q1?
5.  What was the most loving service you performed in Q1?
6.  What is your biggest piece of unfinished business in Q1?
7.  What are you most happy about completing in Q1?
8.  Who were the 3 people that had the greatest impact on your life in Q1?
9.  What was the biggest risk you took in Q1?
10. What was the biggest surprise in Q1?
11. What important relationship improved the most in Q1?
12. What compliment would you liked to have received in Q1?
13. What compliment would you liked to have given in Q1?
14. What else do you need to do or say to be complete with Q1?

Re-calibrating and Creating a Compelling Q2:

1. What would you like to be your biggest triumph in Q2?
2. What advice would you like to give yourself in Q2?
3. What is the major effort you are planning to improve your financial results in Q2?
4. What would you be most happy about completing in Q2?
5. What major indulgence are you willing to experience in Q2?
6. What would you most like to change about yourself in Q2?
7. What are you looking forward to learning in Q2?
8. What do you think your biggest risk will be in Q2?
9. What about your work, are you most committed to changing and improving in Q2?
10. What is one as yet undeveloped talent you are willing to explore in Q2?
11. What brings you the most joy & how are you going to do or have more of that in Q2?
12. Who or what, other than yourself, are you most committed to loving & serving in Q2?
13. What one word would you like to have as your theme in Q2?

By investing just 15-20 minutes right now and really thinking through these questions you can dramatically impact the next 90 days in your life and in your business. 

Isn't it worth the small fraction of your time? 

To your continued success,

Coach Machen (530) 273-8000

ProBrilliance! Leadership Institute
machen@probrilliance.com
www.ProBrilliance.com

Want to Grow Your Business With Blogging? Here’s Your Quick-Start Guide

Guest post by Claudia Somerfield

One of the easiest and most powerful tools for growing your business is the business blog. Most marketing advisers suggest including a business blog as a sales tool. If you are a business owner, entrepreneur, or thought-leading professional and want to expand your influence with blogging, here is a quick-start guide that will have you up and running in no time at all.

Start with a clear plan

A common mistake that many businesses make when they start a blog is not having a long term plan in place. This applies to various aspects of the blog.

Consider these questions:

• What is the core purpose of your blog?
• How do you want it to look?
• What should be the writing style and tone of your blog posts?
• How openly do you want to position your blog as a sales tool?
• What kind of interface do you want to offer your blog readers to contact you?
• How do you want people to find your blog on a web search?

Having a clear cut strategy makes your blog much more focused, consistent and professional.

The web is often referred to as a fickle medium. If your blog readers do not find your blog of value, they will not return, they will not click through to your products or services, and they will not promote it by sharing it on their social networks.

At the end of the day, your reader looks for value, and your long term plan can help determine the specific nature and scope of the value you will offer.

Select your tool

The interface that you will use to upload and publish content on your blog is known as your blogging platform. There are several popular blogging platforms that you can choose from such as Blogger, Wordpress, and TypePad. While your web developer may provide you with a "home-made" interface on your website to create and add content to your blog, it is much easier and more efficient to integrate one of the more popular platforms. Take a look at what these platforms offer, and choose the one that appeals to you the most.

Create classy content

If you want your business blog to attract readers, and if you want the blog to become an integral part of your business strategy, you will have generate high quality content. You may want to employ the services of a professional blogger or content writer for this or you can do it yourself.

In the context of a business, there is no one who knows the nuances of the business better than you. However, you will want to keep in mind that it takes consistent posting of good content on a regular basis on your blog for it to grow in value.

Many business blogs make the mistake of compromising quality of content for quantity, over-using techniques like link building and search engine optimization to get more traffic to their blogs, but across time, they fail to engage the readers or to get them to respond to their call to action.

Promote

The key to popularizing your blog is to promote it. This can be as simple as sending out email announcements every time you update your blog, sharing it on your social networks, and notifying what are known as pinging services that will update web directories with your new content.

Social bookmarking sites are another commonly used promotion tool. The most popular social bookmarking platforms that are worth your time are Delicious, Digg, and StumbleUpon.

Network

Start building relationships with other business bloggers. Promote their work on your networks. This may seem counterproductive especially if they are your competitors, but it will establish you as a fair and open networker. This will also help you study other business blogs and learn the tricks of the trade. Study how they use interesting content to get their readers attention and how they convert it either into return visits or a click through to products and services.

Visit other blogs and leave your opinions in the comments section. As people take note of your opinion, you will find them wanting to network with you and your blog. As with everything in life, blogging for business has a certain amount of give and take involved. The more you give, the greater your chances of taking something back.

Business blogging is proven strategy that will help your business grow. However, for a blog to be noticed and acquire a reputation among readers and clients, it takes time and dedicated effort.

Study the basics of search engine optimization and keyword research so that you are able to bolster your content with the technical strength it needs to reach the top of search results. Make your content interesting and useful.

Remember that your blog posts are not direct sales messages, but rather high-value assets with which to build a community of interested readers who are your potential customers.

As you grow your dedicated readership, you will find that your blog has become a significant source of web traffic, leads, referrals, and new business.

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About the author: Claudia is a blogger by profession. She loves writing on luxury and technology. She recently read an article on a t-rex car that attracted her attention. Her next writing project involves a flying car.

Guest post by Erin Blaskie

Does your business only have one income stream? Meaning, one way that you receive revenue from your paying clients?  

If so, please read this post as this marketing concept might very well change your business and your life!  

If you’re a one-revenue pony, you probably trade your time for money. This means that you probably sit at your desk (or on a couch or stand on a stage) and you do something in exchange for income. Maybe you provide a service or maybe you provide your insight and advice or perhaps you provide a speaking event. Whatever it is, you have one way to produce revenue.  

Now, let’s imagine that you have a cap of eight working hours in each day. I know you may have more or less but let’s just say eight for the purpose of this example.  

With eight working hours, let’s imagine that five of those hours produce you revenue whereas the other three are spent answering e-mails, creating proposals, entering expenses, etc. – all of the business stuff that no one pays you for.  

If you have five billable hours in each day, let’s figure out your earning cap. We all have one – this earning cap is the maximum we can possibly earn if we only do what we are doing right now for the rest of our working life.  

Five hours multiplied by your hourly rate is equal to your earning cap.  

Here’s an example:  

• 5 x $50/hour = $250 per day
• $250/day x 5 days/week = $1,250/week
• $1,250/week x 52 weeks/year = $65,000/year  

See?  You have an earning cap.  Most people who come to me say, “I want to earn six figures” but they have no idea whatsoever how much they would have to earn in order to actually MAKE six figures per year.  They just want that elusive figure.  So, let’s see how much someone would have to make per day if they wanted to earn $100,000/year.  

• $100,000/year / 52 weeks/year = $1,923/week
• $1,923/week / 5 days/week = $384.60/day
• $384.60/day / 5 hours/day = $76.92/hour  

You can use the equation above to figure out how much you need to earn per hour in order to hit your various revenue goals. This will help you to understand how much you really can make without trying to over extend yourself.  

Now, imagine that you had your five billable hours each day per the example above AND you had other revenue streams.  

Imagine what it would be like to see sales come in from other sources where you aren’t actively working. Imagine seeing sales come in at night, when you are spending time with your family on the weekends and while you are vacationing.  

Other revenue streams instantly boost your earning cap.  In fact, adding income streams to your business blows the roof off of your earning cap because there is NO earning cap when you have the potential to make income wherever you are, regardless of what you are doing.   

These other revenue streams can come from information product sales, affiliate revenue, group coaching and online training as well as membership sites and more.  

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NOTE: If you would like to destroy the revenue cap in YOUR BUSINESS, there's no better program to get you launched than the 8-week Product Development Toolkit program. Early Bird savings have been EXTENDED for this special offer and full details are online for you here: 

http://www.ProductDevelopmentToolkit.com - Join us!

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About the Author: Erin Blaskie, also known as the Bizinatrix, is in a hot, passionate love affair with the Internet. Whether she is leading her team of creative, outsourcing professionals or sharing information via the web, Erin brings to the table her enormous passion for tech, geek and the Internet