Your customers need to Know, Like & Trust you.

“The value of your business is directly proportional to how well your business works. And how well your business works is directly proportional to the effectiveness of the systems you have put into place.”

Are You A Blank White Truck?

Posted: November 10th, 2009 Category: Marketing-strategy | No Comments »

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I was recently on a forum thread at Remodel Crazy and really enjoy the topics they discuss over there and the sites creators Paul & Rory invest a good amount of time in the industry and I commend them for that. I wanted to post my comments on the topic, branding, because I think this is a discussion that should be taken to heart. This is in a members area that people must register for, so in order to participate in the forum and you are a contractor, please register.

I could invest quite a bit of time talking about marketing-branding, but maybe if you would, just let me start with some decent info on branding and see if it is of interest. This is just to get some ideas out to you.

Branding your remodeling business

What Does Your Company message say about you?

Lots of remodeling/Hme Imp. owners are intimidated by the thought of marketing their businesses. The buzzwords and flash associated with “marketing” often make embarking on a do-it-yourself marketing effort seem daunting. But don’t let that fear distract you from the goal of educating your customers and potential customers about your business.

In your day-to-day business, you focus on what your customers need and how you can provide them with that. That is what your marketing should focus on, too. Too many marketing messages focus on the company rather than the customer. So as you craft your marketing strategy and materials, keep the customer top of mind.

Here are some ideas that will help you take that customer-driven attitude and translating it into marketing:

Today’s marketing requires lots of content, lots of education, and lots of trust-building via expertise sharing. The tri-fold brochure just doesn’t cut it anymore. Today’s smart marketers think in terms of information products more than marketing collateral — education over selling rules the day.

The best way to tap this necessary marketing shift is to think in terms of kits or suites of information. The most practical approach for the typical small business is the creation of on-demand, flexible and personal marketing kits, press kits and new customer kits.

These multiple page-documents, often housed in a pocket of a custom file folder, allow you to tell the entire story in a range of formats that take in the learning styles and personalities of a broad range of prospects.

A typical marketing kit might include the following pages:

Your core differences: Use one page to outline 3 or 4 key ways that your remodeling business is different. Make these the most important value benefits and not sales mumbo jumbo.
Your products/services: You do need to tell your potential client what it is you have to offer.
Success stories: Profile a number of successful customer engagements and try to involve your customer as much as possible and share specific results if you can.
FAQs: You know the kinds of questions that get asked or should get asked — list them for those readers that are looking for a specific bit of information.
Processes and checklists: Show proof of how you get the work done in a professional manner by sharing your process maps and checklists as marketing documents.
Your company story: Everyone loves a good story and everybody has one. Share your personal story, why you do what you do, and make a deeper connection with prospects.
Testimonials: Let your customers sing your praises and let your prospects see this third-party validation.
Articles: If you’ve published articles or received some great press, include copies of these in your kit.

A new customer kit can include information on:Remodel Buddy Marketing kit

Key contacts: List everyone that your customer might need to contact.
How your process works: Set the expectation for what will happen next so that there are no surprises.
What you need from the customer: If you need information from a customer or need to set a meeting, let them know what to do to get started.
How your billing works: Let them know how your billing works, how you expect to be paid. This demonstrates your professionalism and can help avoid misunderstanding after the work is done.

A basic press kit should include:

Overview: This should be solid background information, not a sales pitch.
Key staff bios: Let everyone know the key facts about people in your organization that they may need to interview ( with photos).
Suggested questions: In some cases if you are noted expert- a unique process -you can aid journalists by listing important questions.
Potential story ideas: You should be thinking of these at all times internally, but you may also want to develop some key story ideas that tie into themes and industry trends.
Customer stories: Journalists love success stories, so profiling your customers and offering their success stories to journalists can be a win for all parties.
The flexible nature of these kinds of information products make them easy to change, grow and personalize almost on a case by case basis.

In addition, this is exactly the type of education-based content that should be going on your website in an effort to build visitor trust and search engine attention.

So, I ask you. What are you doing to brand yourself?


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Talking Logo! What message are you sending?

Posted: September 20th, 2009 Category: Marketing-strategy | 1 Comment »

Try this exercise to help you develop a personal marketing message that grabs your prospect’s attention.

Quite often small business owners will ask me to reveal the most powerful marketing strategy I have seen. I can say without hesitation that the most powerful marketing strategy has little to do with advertising, direct mail, websites, referrals or blogs.

No, before any of those things will really have an impact on your business, you’ve got to uncover and communicate how your business is different from every other business that says they do what you do. You’ve got to get out of the commodity business. You’ve got to stake your claim on a simple idea or position in the mind of your prospective clients.

Talking Logo- construction slogansYou’ve got to create and bring to life a powerful personal marketing message.

The following is an exercise that I have developed that allows you to find your message by focusing on creating a marketing based answer to one very important question.

And the question is: What do you do for a living? The answer to that question is something that I call “Your Talking Logo.”

Like a traditional printed logo, a talking logo is a tool that allows your firm to communicate verbally the single greatest benefit of doing business with your firm. A talking logo is a short statement that quickly communicates your firm’s position and forces the listener to want to know more.

The talking logo is generally played in response to the comment, “So, tell me about your remodeling business or tell me what you do.” Everyone has attended a networking event where you are given a minute to describe your business…another great place to use your talking logo. When it comes to referral marketing, the talking logo is how you communicate the value of your business to referral sources.

How do you create your talking logo?

Remember, a talking logo must be a short statement that leaves the listener wanting to know more. Think about your clients or potential clients … they want to know what’s in it for them. Don’t just tell them what your firm does- tell them in a way that matters to them.

“I’m in the remodeling business.” “I’m a contractor.” “I’m a painting contractor.” “I’m a building specialist.” The only thing this type of response will get you is, “Who cares?” or worse. A talking logo grabs your prospect’s attention.

5414181_blogYour talking logo is created in two distinct parts. Part 1 addresses your target market, and Part 2 zeroes in on a problem, frustration or want that market has.

You know you have a great talking logo when a person hears you deliver it and immediately says, “Really, how do you do that?”

“So, if you ask Bill the architect, “what do you do for a living?” Which do you think is more powerful? “Oh, I’m a registered architect” or [Talking Logo] “I show contractors how to get paid faster.”

Now if you’re a contractor you’ve got to know more, right? In the example above Bill has focused on addressing a key frustration that he knows contractors (his target market) have.

What about this one? “I show small service professionals how to triple what they charge?”

Do you see a pattern?

Here’s the pattern: Action verb, (I show, I teach, I help) target market, (business owners, homeowners, teachers, divorced women, Fortune 500 companies) how to xxxx = solve a problem or meet a need that you know your marketing has.

Now ask yourself, “Who wouldn’t want to know more when you heard a talking logo that spoke directly to you?” Communicating a powerful message like this will get you referral appointments too.

Now, once you get their attention with your talking logo answer to what you do for a living, it’s time to deliver the goods.

So, now they utter, “Really, how do you do that?”

You must be equally prepared to answer this supplemental question. Once your prospect says, “Tell me more,” you need Part 2, and that is when you tell them how you plan to solve their problem.

The key to this tool though, is waiting until you have their full attention with your talking logo.

Part 2: Again, the architect from above – “Well, we have developed relationships with every zoning board in the metro area and can make sure that your projects don’t get hung up by red tape, ensuring that you get to that first pay request faster.”

By understanding your positioning and your target market and then communicating it through your talking logo, you will be miles ahead of most of your competition and well on your way to generating referrals and leads from anyone you meet.

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6 points to Marketing today

Posted: February 22nd, 2009 Category: Marketing-strategy | No Comments »

Small Businesses usually don’t have million dollar advertising budgets, and even if you did, you might want to invest more in defining your strategy before throwing money at different tactics.

In my years of advertising and operating a small business and not so small business, I have dealt with Million dollar budgets and practically no budgets. One of the biggest mistakes I see, is when a business will market a large event, which may be productive that weekend or at that moment, but only to see their advertising dollars disappear along with their company for a period of time. No ads, no mention, no awareness and no profits. The next time an event comes up, the cost per lead goes even higher to get maybe, maybe, the same results. The difference? It will cost more to accomplish less. It is a medium to long term failure of a concept.

 

Good marketing advice would be to avoid trying to time the marketing event of the week. Many people and organizations market around events, product launches, seasons, and many other  single occurrences.  But my advice to you is to do a little marketing each day. And if you do that, your single events and your marketing will be a much greater success.

Marketing needs to emphasize client relationships based on trust and knowledge.  This approach is not necessarily unique, but it’s never been more vital than today.  So here’s a few simple steps that I would advise you to try:

1. Think long term: Clients receiving a constant barrage of information that is seldom useful and generally of little value will in fact, become tuned out and seldom even notice most marketing information presented with. So stay away from the flashiest ads or the biggest displays and instead go for consistency on a regular basis. Send a message. Educate.

2. Review your marketing plan: In theory, we all work from a plan, don’t we?  However, in reality, emotions still play a big role in marketing. During times like this, it is even more important to stay away from the marketing idea of the week. Lay out your plan on a calender  and  be prepared to track the results. At the end of that period, review your plan, review your results and make the next calender period. Thats a good start and a good middle that will lead to a better result.

3. Use the present volatility to your advantage: Recession, downturns  naturally make us all nervous, but if you have been complaining the past few years about competition, now is the time for you to shine. In a recession people will take less risk and take longer to make a decision. They may make better overall decisions as a result.  Consider this, you may be better off and find more market share, even though sales are down. If you have been or are being smart with your frequency, focused on the right target market, used the calender and sending the right message you will be ahead of the competitors.

4. Stay focused on your goals: Never forget what your organizations vision is and stay focused. Look at how you are generating zero cost leads, your referral system, repeat business and programs in place to position yourself i front of new customers. If you don’t have a pre-planned referral system or conversion system, you need to immediately.

 

5.Talk with your customers:  Your customer base is the single most important item you must address. You must emphasize these relationships through out your organization daily.  Unless your company was under-performing already the answers are probably not out-of-the-box.  You must become fully involved in making your clients successful.  You need to take the timing to listen to understand their needs and to clarify how your company can help.  Constant feedback is imperative for you to provide the exceptional service that you need to demonstrate.

6. Seek professional advice: You may need other tools that you personally don’t have in your bag. Avoid making direct hires and adding staff.  The opportunity is there to seek out very experienced individuals to help you reach your objectives. It’s during these times that you need to know that there is someone you can rely  on and who can help you through these times.

Marketing is your livelihood.  There’s never been a time like the present to put a solid marketing plan in place. Taking advantage in a downturn will reap tremendous benefits in the future with employees, profits and having your business serve your life.

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Marketing Plan Pro

Posted: January 31st, 2009 Category: Marketing Plan Pro, Marketing-strategy | No Comments »

I have posted an article from Tim Berry and an audio interview. Great marketing advice from the “Coaching excellence series! I have regular blog posts on Tim Berry’s site and Duct Tape Marketing has also partnered with him to design the Marketing Plan Pro. This is a must read for any small business.

 

 

Tim BerryTim Berry

President and founder of Palo Alto Software, founder of bplans.com, co-founder of Borland International, author of books and software on business planning, Stanford MBA, father of five, married 38 years. We have partnered with Duct Tape Marketing to create Marketing Plan Pro powered by Duct Tape Marketing.

Listen to Tim’s Session- click to download

         

 

 

The SWOT analysis is a valuable step in your situational analysis. Assessing your firm’s strengths, weaknesses, market opportunities, and threats through a SWOT analysis is a very simple process that can offer powerful insight into the potential and critical issues affecting a venture.

The SWOT analysis begins by conducting an inventory of internal strengths and weaknesses in your organization. You will then note the external opportunities and threats that may affect the organization, based on your market and the overall environment. Don’t be concerned about elaborating on these topics at this stage; bullet points may be the best way to begin. Capture the factors you believe are relevant in each of the four areas. You will want to review what you have noted here as you work through your marketing plan. The primary purpose of the SWOT analysis is to identify and assign each significant factor, positive and negative, to one of the four categories, allowing you to take an objective look at your business. The SWOT analysis will be a useful tool in developing and confirming your goals and your marketing strategy.

Some experts suggest that you first consider outlining the external opportunities and threats before the strengths and weaknesses. Either Business Plan Pro or Marketing Plan Pro  will allow you to complete your SWOT analysis in whatever order works best for you. In either situation, you will want to review all four areas in detail.

mpp_box

 

Recommended by the experts

Marketing Plan Pro is highly recommended by marketing experts and businesses alike.

 

 

 

Strengths

Strengths describe the positive attributes, tangible and intangible, internal to your organization. They are within your control. What do you do well? What resources do you have? What advantages do you have over your competition?

You may want to evaluate your strengths by area, such as marketing, finance, manufacturing, and organizational structure. Strengths include the positive attributes of the people involved in the business, including their knowledge, backgrounds, education, credentials, contacts, reputations, or the skills they bring. Strengths also include tangible assets such as available capital, equipment, credit, established customers, existing channels of distribution, copyrighted materials, patents, information and processing systems, and other valuable resources within the business.

Strengths capture the positive aspects internal to your business that add value or offer you a competitive advantage. This is your opportunity to remind yourself of the value existing within your business.

Weaknesses

Note the weaknesses within your business. Weaknesses are factors that are within your control that detract from your ability to obtain or maintain a competitive edge. Which areas might you improve?

Weaknesses might include lack of expertise, limited resources, lack of access to skills or technology, inferior service offerings, or the poor location of your business. These are factors that are under your control, but for a variety of reasons, are in need of improvement to effectively accomplish your marketing objectives.

Weaknesses capture the negative aspects internal to your business that detract from the value you offer, or place you at a competitive disadvantage. These are areas you need to enhance in order to compete with your best competitor. The more accurately you identify your weaknesses, the more valuable the SWOT will be for your assessment.

Opportunities

Opportunities assess the external attractive factors that represent the reason for your busin

ess to exist and prosper. These are external to your business. What opportunities exist in your market, or in the environment, from which you hope to benefit?

These opportunities reflect the potential you can realize through implementing your marketing strategies. Opportunities may be the result of market growth, lifestyle changes, resolution of problems associated with current situations, positive market perceptions about your business, or the ability to offer greater value that will create a demand for your services. If it is relevant, place timeframes around the opportunities. Does it represent an ongoing opportunity, or is it a window of opportunity? How critical is your timing?

Opportunities are external to your business. If you have identified “opportunities” that are internal to the organization and within your control, you will want to classify them as strengths.

Threats

 

What factors are potential threats to your business? Threats include factors beyond your control that could place your marketing strategy, or the business itself, at risk. These are also external – you have no control over them, but you may benefit by having contingency plans to address them if they should occur.

A threat is a challenge created by an unfavorable trend or development that may lead to deteriorating revenues or profits. Competition – existing or potential – is always a threat. Other threats may include intolerable price increases by suppliers, governmental regulation, economic downturns, devastating media or press coverage, a shift in consumer behavior that reduces your sales, or the introduction of a “leap-frog” technology that may make your products, equipment, or services obsolete. What situations might threaten your marketing efforts? Get your worst fears on the table. Part of this list may be speculative in nature, and still add value to your SWOT analysis.

It may be valuable to classify your threats according to their “seriousness” and “probability of occurrence.”

The better you are at identifying potential threats, the more likely you can position yourself to proactively plan for and respond to them. You will be looking back at these threats when you consider your contingency plans.

The implications

The internal strengths and weaknesses, compared to the external opportunities and threats, can offer additional insight into the condition and potential of the business. How can you use the strengths to better take advantage of the opportunities ahead and minimize the harm that threats may introduce if they become a reality? How can weaknesses be minimized or eliminated? The true value of the SWOT analysis is in bringing this information together, to assess the most promising opportunities, and the most crucial issues.

An example

AMT is a computer store in a medium-sized market in the United States. Lately it has suffered through a steady business decline, caused mainly by increasing competition from larger office products stores with national brand names. The following is the SWOT analysis included in its marketing plan.

  1. Knowledge. Our competitors are retailers, pushing boxes. We know systems, networks, connectivity, programming, all the Value Added Resellers (VARs), and data management.
  2. Relationship selling. We get to know our customers, one by one. Our direct sales force maintains a relationship.
  3. History. We’ve been in our town forever. We have the loyalty of customers and vendors. We are local.

Weaknesses

  1. Costs. The chain stores have better economics. Their per-unit costs of selling are quite low. They aren’t offering what we offer in terms of knowledgeable selling, but their cost per square foot and per dollar of sales are much lower.
  2. Price and volume. The major stores pushing boxes can afford to sell for less. Their component costs are less and they benefit from volume buying with the main vendors.
  3. Brand power. Take one look at their full-page advertising, in color, in the Sunday paper. We can’t match that. We don’t have the national name that flows into national advertising.

Opportunities

  1. Local area networks. LANs are becoming commonplace in small businesses, and even in home offices. Businesses today assume LANs are part of normal office work. This is an opportunity for us because LANs are much more knowledge and service intensive than the standard off-the-shelf PC.
  2. The Internet. The increasing opportunities of the Internet offer us another area of strength in comparison to the box-on-the-shelf major chain stores. Our customers want more help with the Internet and we are in a better position to give it to them.
  3. Training. The major stores don’t provide training, but as systems become more complicated with LAN and Internet usage, training is more in demand. This is particularly true of our main target markets.
  4. Service. As our target market needs more service, our competitors are less likely than ever to provide it. Their business model doesn’t include service, just selling the boxes.

Threats

  1. The computer as appliance. Volume buying and selling of computers as products in boxes, supposedly not needing support, training, connectivity services, etc. As people think of the computer in those terms, they think they need our service orientation less.
  2. The larger price-oriented store. When they have huge advertisements of low prices in the newspaper, our customers think we are not giving them good value. 
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Proactive or Reactive

Posted: January 24th, 2009 Category: Marketing-strategy | No Comments »
Featured blog post on Palo Alto Software Big Blog


 Reflecting on our new president’s speech he said, “This is a new era of responsibility.” It is a new era. I can look at these words in many different ways and apply the meaning in so many different aspects of our lives. We set goals to achieve, accomplishments we want to obtain and a life we want to enjoy.

For many of us small business owners, we started a business to serve our lives. A business that serves our lives enhances every goal and accomplishment and fulfills us. Our proud life. A life that serves our business is one that is dedicated to making our business function and trying to reach our goals. A business that serves our life consumes us and makes us reactive, not proactive. The difference between business serving life and life serving business could be the difference between succeeding and not succeeding.

It is a new era.

Gone are the days of having time to recover a business from bad decisions. Gone are the days of having the time to have a long learning curve trying to establish your business and reach your goals through trial and error.

Proactive or reactive, which one describes you?

I was partners with a very successful man that grew his business from one office and one truck to a national company with multiple factories. Needless to say he was a great business man. He always said a couple phrases to me over and over and they are worth repeating now. “Without sales, you might as well throw away the key to the front door, because without sales, there isn’t a business.” The second phrase was, “ If you aren’t marketing you don’t get the opportunity.”What did he mean I thought the first time I heard him say that. Opportunity? I found out quickly that opportunity meant staying in business to keep selling and creating revenue.

By being proactive and saying that I will market wisely and take advantage of my resources, we are developing an aggressive proactive approach to having our business serve our lives. Marketing isn’t about spending more than your competition in the marketplace. Marketing for small business can be simple, effective and affordable. There are resources if you are proactive.

It is a new era.

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