MARKETING - YOU
a series of articles by ArLyne Diamond, Ph.D.
Welcome to a new column intended to directly address issues of concern
to you. We will try to answer questions you pose in future issues.
Marketing yourself is marketing an intangible service which is quite
different from selling a tangible, testable product. Understanding why
commonly used sales techniques will not work effectively for the
professional person is the key to finding better methods.
Switch gears with me and think of yourself as a potential customer of
consulting services. Come on an imaginary trip to an exotic far off
land.
Let's suppose we are walking down the street together in a city we are
visiting as tourists. A slick and glib kid starts following us,
imploring us to look at his selection of goods for sale. Because he's
young, and therefore still cute in spite of his sleazy style, we stop
and let him open his baskets for our inspection.
Among his wares are some inexpensive trinkets, postcard collections,
expensively priced watches of unknown origin, and computers which cannot
be tested because there is no electricity on the street.
What do you suppose we'd be comfortable buying - even after he'd use all
his best "close" techniques? The trinkets or postcards, of course.
If
we were high-risk takers and didn't mind the potential loss of money, we
might - just might - buy one of his watches. But we wouldn't take the
risk of giving a stranger money for a computer whose quality we had no
way of testing.
Now suppose this young man told us that his aunt was a consultant who
could jump-start our fledging company into the big time and all we had
to do was plunk down an initial $75,000.00 and watch her do her magic.
I can hear your laughter from here.
If you are making cold-calls, or having someone do it for you, aren't
you akin to that consultant? What if your telemarketing techniques
sound slick, manipulative or bullying? Will these techniques get you
the first appointment you need to prove your potential worth to this
prospect? I kink not!
Imagine instead that as we lunched with colleagues we knew and
respected, this same woman's name was brought into the conversation. We
were told she was a highly respected and experienced expert who had
previously worked with them helping them achieve unusually successful
results.
We'd jump at the chance of meeting her wouldn't we?
That's word of mouth marketing. It's the best way to market yourself or
your professional services.
Your reputation, and other clients' willingness to provide testimonials
for you are what enable you to reduce the risk for the potential new
client. Since decision makers have a much more difficult time
evaluating individuals than they do products, you want to do what you
can to reduce the risk which helps the ultimate selection of you as the
person for the project.
In the example of the tourists, the risk of buying a trinket was only
the potential loss of a dollar or two, whereas the risk of hiring an
unknown consultant was not only the $75,000. she would cost, but all the
potential damage she could do, which could eventually amount to millions
of dollars, loss of our reputation and even the loss of our business
together.
In the next article of this series, Dr. Diamond will provide a series of
steps you can use to mitigate the risk for your prospects.
MARKETING - YOU
by ArLyne Diamond, Ph.D.
In this series of articles, I want to explore some of the difficulties
facing the woman working from her home, or just starting her business on
a shoestring. Sometimes, we tend to have too much overlap between home
and business. Many of the concerns I've heard from other women are
caused by this crossing of boundaries.
Here's some of the phone issues they commented about and my suggestions
to you as to how you can overcome the problems they indicate.
Concern: Not returning phone calls - or not returning them in a timely
manner.
Suggested Solutions: Sometimes you just don't have the time to return
phone calls, no matter how much you promise yourself you will.
If you know you won't be able to call within the next few days, it's OK
to leave a voice mail message stating that you will be unavailable and
will return calls on a specific date in the future. Then, do so.
It is also OK to return calls during off hours (but not too early or
late in the day) to let a caller know that you have received their
message and give them an idea when you will be available to call and
talk to them at greater length. This way the caller knows that you have
received their message and are not just ignoring them, forgetting them,
or blowing them off.
You might also schedule a few minutes in the morning, another in the
afternoon, and then the third in the evening before dinner, to return
all phone calls.
Concern: Having a spouse, child, or any other person that is not
directly related to you business answer the business phone and then take
a casual message, if they take one at all, which you don't receive.
It makes you look less than professional. It gives the impression you
are only playing at your business and your family members aren't
respecting what you are doing.
Suggested Solutions: Be sure to use a dedicated line for business. If
you can't answer it yourself, DO NOT let your family members answer it
for you, unless they can do so in a professional and informed manner.
Use an answering machine, voice mail, or answering service for your
business line. The first two are really very in-expensive and can be
very helpful to your maintaining a professional image.
Personally, I prefer a machine, which sits at my desk. When I am
working with a deadline, I can screen calls, taking the urgent ones when
they come in and returning the less urgent calls after I've met my
deadline, while I'm taking a break from my writing, or during the
specific times that I have set aside during the day to return phone
calls.
Concern: Having an overly personal and friendly message on the
answering machine or voice mail. Someone recently commented to me about
the woman who included a long detailed message about her
grand-daughter's developmental exploits in the outgoing message on her
business machine.
Suggested Solutions: Business and personal are really different and
although we, as women, really strive for balance; there needs to be
boundaries and separation.
Don't tell family stories on your business outgoing phone message. Keep
it brief, courteous and if necessary, informative.
As proud as you may be about the brilliance of your children or
grand-children, you shouldn't be telling the world on your business
line.
Concern: Sounding like a call girl instead of a mature business person.
Suggested Solutions: Overly friendly breathy calls telling me how
important my call is to you, only makes me cringe. You don't even know
it's me, so how can you determine in advance that my call is important
to you?
Being warm and professional doesn't mean overly breathy and sexy.
Do some of these fit you? If so, remember, the solutions are easy. Try
them. They work!
Tell us your business concerns when dealing with other business women
along with some solutions and I'll write about them in future articles.
MARKETING - YOU
by ArLyne Diamond, Ph.D.
Perhaps one of the most difficult things to do is invest in yourself and
in the tools you really need to create your correct image and market
your business. It's especially hard when you are first starting out and
money is tight. The problem is you are creating an image whether you
like it or not. If you don't invest in your marketing tools, the image
you are creating is that you aren't worth very much.
At the very least you need a look, a logo, a consistent color and
style. The elements you select will reflect you, and your services or
business. Take care to pick them wisely and well. You will probably be
using them for years to come. Mine, now ready to be re-done, lasted me
twenty years. I strongly advise getting the help of a professional
graphic designer (not an engineer who knows a basic graphic program) to
design your logo for you.
The basic materials you need:
* Your logo - The type of business or service you offer should be the
most important consideration in determining the look of your logo.
While some businesses can be "whimsical" and others
"soft", many need to
be "corporate" in look. Think not only about yourself, but about
your
desired customer base. All your materials should contain your logo.
* Your business card - With your logo, name, phone number, fax number,
address, and some brief and clean statement about what you do. The
color should coordinate with all your other materials. Business cards
today can also include your email address and web site address.
* Letterhead and matching envelopes - These too should have your name,
address, phone number, and logo, tastefully laid out on the page.
Please pick a good quality paper, in a color pleasing to the eye - and
consistent with your logo.
* Brochure and flyers - Although these will vary and you will have many
of them over the next few years, the design should be compatible with
your letterhead and other materials. You can create some nice brochures
and flyers yourself, if you have a computer with the right programs, or
you can get some relatively inexpensive graphic help at some of the
better copier stores. However, to repeat myself again, you will be much
better off getting the help of your graphic designer.
* Invoices and statements - You probably could get away with using your
letterheads for this, but considering the volume you will be doing, that
might be too expensive. You can have matching invoices, statements and
the envelopes for them in a slightly less expensive paper than your
letterhead, but coordinated with it.
* Checks - These, like your invoices, can be inexpensively done to
coordinate with the rest of your materials.
Packaging yourself properly is very important - as important as dressing
properly for a business meeting. As someone else said: "You never have
a second chance to make a good first impression."
MARKETING - YOU
by ArLyne Diamond, Ph.D.
Sometimes we need to back off and define our terms. Consultants like me
often talk about marketing, public relations, advertising, etc., without
realizing that new business owners are often times confused about the
meaning of these terms. In my book series, "The Business of the
Profession", I discuss these terms in great detail. Because of the
necessity for brevity in this article, I can only give you the basic
ideas here.
Marketing is the very broadest of the terms and includes strategic
planning, identifying your market segment, learning what techniques to
use to attract that segment, developing sales strategies and techniques,
and working with others to develop materials, such as those needed for
advertising and sales promotions. In other words, it has come to mean
all the thinking, planning, organizing, and implementing to get "the
word out" about your product or service.
Promotional materials could include your brochures, flyers, data sheets,
and/or anything else you have that talks about you, your service and
your product. They could also include reprints of the articles you’ve
written as well as those written about you.
Many business owners find it valuable to create promotions monthly or
quarterly. They are a good way of reminding your customers and
potential customers about your service or product.
Some businesses lend themselves to promotional materials such as pens
with your company name on them, tee shirts and your logo, and other gift
items. Others need to appear more professional and don’t offer gift
give-aways.
Advertising is something you do to directly promote your business or
service. You can advertise in written or verbal media. Written
advertising includes both classified and display ads. A display ad is
usually much better designed, more expensive, and it will probably
actually be read. Classified ads are those you place in specific
columns in your local newspaper or magazines. They are lots of words,
often abbreviated, in tight space. They are much less expensive than
display ads.
Most of us really need to use display ad, which are designed
professionally, and placed in magazines, newsletters, and newspapers
read by our target audiences.
Public Relations is the most intangible and probably the most valuable
of all the tools you develop. It is as the words imply, about the
relationships you have with the public. It is someone writing about
your good deeds, such as the community service projects you are noted
for, being interviewed as an expert on a particular subject, being known
for the help you give to others. It is the image of you expressed
indirectly, as opposed to the advertising you do to promote yourself
directly.
Networking is a form of both advertising and public relations. When you
network you are exposing yourself to the public, which includes
colleagues, peers, competitors, and possible customers. How you present
yourself determines how others perceive your product or service. It
doesn’t matter if you think the two are unrelated. They are distinctly
linked in the eyes of the viewers.
Most businesses, whether product or service, need to develop name
recognition, and identity (a trademark or logo), and a good public
image. The closer your name is to "a household word" the more
likely it
is that people will remember you and call you when next they need a
product or service similar to the ones you offer. You need frequent and
repeated exposure to get known in this manner.
Your potential customer is only partially paying attention to what she
or he reads, or hears. Experts say it takes three times before
advertising impinges on the eye/ear of the receiver. Others say it
takes nine times before a positive response is received. In all cases,
it takes repetition, repetition, repetition – well done.
MARKETING YOU
by ArLyne Diamond, Ph.D.
Why don't we succeed in doing what we've always dreamed of doing
professionally? Some say it's "Fear of Success". While I agree it's
partially about fear, I don't agree that it has to do with fear of
success.
I'm about to list the issues presented to me recently by a group of my
clients who are each women with a professional practice. These women
have much in common with each other - even though the work they do is
vastly different.
They stop themselves with what I believe to be self-induced obstacles
They Say My Translation
I'm afraid to try because I never did it before. I need to be
perfect and
won't try anything I don't already know I'll "look good" doing.
Women don't behave so aggressively or singularly. There were no
successful
professional or business role-models in my world growing up.
Everything I do is equally important including lunch with friends,
tennis,
vacuuming, and even taking out the garbage. I've never thought about
the
importance to me or my goals of the things I do, or don't do. Thus, I
never
set and keep priorities, but am impacted by the most recent suggestion.
I didn't have time. I had to do the things I do every day. One
client in
particular had been planning to take her brochure to Kinko's and
couldn't find
the time in three weeks. She was exhausted by the grueling daytime job
she
was trying to leave.
I'm going to move in three months, so I don't want to invest any money
now. In
the software development world they talk about "freezing the
features".
In
other words, there is a time when you go ahead with what you have at
that
moment. Those who wait until everything is finished - never finish.
I may design a new logo, and don't want to invest any money until I
decide. See freeze the features
I don't want to spend the money, maybe my friends will refer to me.
I'm not
important enough to invest money in my own professional goals. Ever
notice
that when men go into business, they go and get a business loan to start
them
properly?
In my work, I help my women clients move past these barriers to their
own
success. Marketing YOU means taking yourself seriously - as a business
needing business and marketing development. It means looking at the
lack of
role-models, the old traditions that keep women stifled, and the
examples from
successful entrepreneurs so that you, too, can become as successful as
you
dream of being.
Remember: President Franklin D. Roosevelt said: We have nothing
to fear
but fear itself. Before him, Julius Caesar is credited with having said
(or
was it Shakespeare, while he was in love?) It seems to me cowards die
many
times before their death, but brave men (and women) taste of death but
once.
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