How to grow your firm: Lessons from the Legal Trends Report
The latest Legal Trends Report 2019 surveyed more than 2500 lawyers and 2000 consumers to help identify why some firms succeed in increasing revenue and others don’t. While the focus was on mostly smaller law firms, the results could apply to any professional service firm. Notably, the report found several key areas that firms are neglecting that could make a substantial impact on their practice. In this post, I want to address a few points that relate to marketing and business development. (more…)
How to get employees to help market your firm
In many professional service firms, only a small percentage of people are actively engaged in marketing. The remaining employees don’t participate. The reason for this is usually some combination of them being uncomfortable with marketing and/or not being asked or required to do it. However, it is a huge missed opportunity not to get them involved in at least small ways. (more…)
7 things to do this summer to improve your marketing
It’s summer, and for many, work-related activities slow down. For others, summer may offer access to additional help because of interns or the opportunity to hire part-time students. In any event, your marketing efforts should not be put on hold. This can be a good time to do things that often get put off. (more…)
6 steps to creating a marketing budget to grow your business
One of the biggest reasons marketing fails is because firms don’t set aside appropriate resources to getting it done. Regardless of the size of your budget, if you want to be effective, you need to think carefully about how and where you spend your time and money. How do you do that? (more…)
Biggest marketing takeaways for small firms
How can small firms improve their marketing? Earlier this month, I joined a panel discussion on marketing at the Long Island Tax Professionals Symposium sharing tips on how small firms can successfully market their practice. Regardless of what kind of professional service firm you have, the same rules apply – firms must clearly differentiate themselves, be consistent in their marketing and focus on building relationships. (more…)
How marketing can grow your business
Do you know what it takes to grow your business? At a recent program hosted by The Alternative Board, speaker, Pete Hayes of Chief Outsiders, spoke about how the right “Insight, Strategy and Execution” can drive business growth. (more…)
Top 10 Marketing Tips for 2017
Successful marketing is tough. There isn’t a magic bullet, but there are tactics that can help you succeed. We’ve created a list of some of our favorite tips to take you into the new year (more…)
8 marketing musts for your firm
Everyone wants tips to help market themselves. We’re all hoping to hear the one thing that we can do to magically bring in business. Unfortunately there is no one thing, but there are lots of little things that can help. I work a lot with lawyers and was recently on a radio show to talk about Marketing Tips for Attorneys. To prepare, the host, Ken Landau, asked me to come in with 30 tips. I’m not sure how many we actually got to, but here’s a sampling to get you started whether you are a lawyer or other kind of professional:
1. Have a strong LinkedIn profile. When someone googles your name, your LinkedIn bio is usually one of the top results. What do you want people to see there? It’s your opportunity to impress them and stand out from the competition. Don’t waste it. And don’t rely on people going to your website to read your bio there. Some may only look at your LinkedIn profile.
2. Share content regularly on social media– both your content and other people’s. Social media is like networking. You have to be out there consistently, get involved, follow up with people you meet and stay in touch. Every time you share something on social media your network will see it. Post your own stuff, but also like and comment on other people’s posts, ask questions, and start a discussion. It will build your credibility and a lot of people will reciprocate, which will expand your reach to everyone in their network. And remember to join and share posts within groups. That gets you in front of members of the group even if they aren’t part of your direct network.
3. Focus on a niche. Stop trying to be everything to everyone. Focus on a specific area, type of client, business model, etc. It’s better to focus limited marketing resources on a niche area rather than spreading them all over multiple areas. Ultimately it will bring you better leads and more money. (Check out Inc.’s, How to Narrow your Target Market for more tips.)
4. Position yourself as an expert. This goes along with focusing on a niche. Identify a topic, issue, specialty, etc. where you have experience and you can speak with authority. Get known for that by speaking and writing about that area consistently. Make sure your marketing message highlights that expertise. Again focusing on a narrow area brings better results than saying that you can help anyone with any problem.
5. Blog regularly. In determining how to rank a website, search engines look for sites with high-quality relevant information. They also look for websites that are updated frequently and have lots of pages. Blogging helps with all of these. It boosts a firm’s organic search results when prospects are searching online. And it also makes firms more credible (because they have lots of great content) for prospects who are now on the website and evaluating their services.
6. Involve employees. A recurring problem professionals have is coming up with good topics to write and speak about. Employees can help you create content that is interesting to your readers since they are often dealing with day to day issues with your clients. You want your blog posts, newsletters, presentations, etc. to address the real questions that your prospects have about their problems. Employees can also help promote your content by sharing it via their own social media channels.
7. Seek out relationships with other experts, organizations, and media. Get to know others who speak to the same market you are targeting and are well-known. They can help you build your own credibility and spread your message. But remember you have to help them first.
8. Have a marketing plan. Random acts of marketing are not effective. Create a written plan outlining who you want to specifically target with your marketing and how you’re going to do it. Then make sure you allocate resources (time and money) to getting it done.
For more tips, listen to the radio program.
12 ways to promote your e-book or white paper to bring in leads – Part 2
We all hate the prospect of giving our contact information to a new website and being hit with sales pitches. But we’ll sign-up if we believe we’re getting real value out of it. As the business trying to attract leads, you need to provide that value. You also need to get the word out so people know about the great information you’re offering. In my last post, I covered 7 ways to promote your e-book or white paper to generate leads. Here are 5 more:
8. Social media. You should repurpose your content for different social media channels and drive traffic to your website. On LinkedIn, create a short related article and publish it as a LinkedIn post with a link to your e-book. Also share it as an update with your connections as well as posting it to relevant groups. Tweet tips from the book. Use Facebook. Create an infographic for Pinterest. Turn it into a PowerPoint and post it on SlideShare. Make the most of whichever channels your audience uses. Also have others within the firm share it via their own personal networks to expand your distribution.
9. Press release. Create a press release and send it out through a host of available outlets. For some great options, see Mequoda’s list of The Best Paid and Free Press Release Sites.
10. Public relations. If your e-book contains original research or offers insights/analysis on current news or trends, pitch it the media.
11. Partnerships. Reach out to associations, influencers, companies and other organizations with similar audiences who may be interested in featuring your e-book. It doesn’t hurt if you mentioned them in your book (for example, you quoted them, asked them to contribute content, included them as resources, etc.) as long as you’re doing it in a way that’s credible and genuine. People like to reciprocate. But regardless of whether there are opportunities to plug each other, remember the cardinal rule is that your content has to be valuable to your partner’s contacts. They don’t want to promote your sales pitch. Show them why their audience would want the information you are providing.
12. Print version. How often do you save an email or download something and then forget about it. There is something to be said for having a piece of paper in front of you to remind you that you wanted to read it or that you did read it and found it interesting. I believe print is still valued especially when it comes to business-oriented content. And I’m not just saying that because I worked in publishing for many years. Well-designed print materials can make content look meatier and more professional. Print versions can help you attract a new lead as well as nurture existing leads by having a physical product to provide to prospects, clients, seminar attendees, and referral sources as a reminder of who you are. Of course, provide them with the electronic version too.
Are you ready to promote your e-book or white paper? You’ve done the hard part of producing great information. Now make the most of it and spread the word.