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The 30 Minute Marketing Plan for Self-employed Professionals Marketing Is An Art My Favourite Definition Of Marketing “The science and art of exploring, creating, and delivering value to satisfy the needs of a target market at a profit.” Philip Kotler, American marketing author, consultant & professor. Marketing ≠ Social Media We are talking about a particular form of marketing here – the marketing of selfemployed professionals The Brand Is You! ; The Brand Called You! “ To be in business today, our most important job is to be head marketer for the brand called You.” Tom Peters, American business consultant and bestselling author. ; “Ask Yourself... What do I do that adds remarkable, measurable, distinguished, distinctive value?” Tom Peters, American business consultant and ;bestselling author. Successful Brands Deliver Added Value (Benefits) Magnum Ice cream Personal Indulgence McDonalds Hamburgers Happy Moments EY Accountancy Services A Better Working World “There’s one single marketing mistake that’s killing the success of more accountants than the global crisis and UK recession combined” Wayne Morris, UK author of Best Practice, a marketing and sales program for accountants That One Single Marketing Mistake? “You market yourself as an accountant” The 30 Minute Marketing Plan For Self-employed Professionals Step 1 What Benefits do You Offer? The 30 Minute Marketing Plan for Self-employed Professionals •5 questions for you to fill out as we go along •You can do it for your whole business or a strand of your business (existing or desired) •It’s for YOU alone, no need to share anything •It’s a start rather than an end... •Can (should) be re-visited regularly Step 1 -What Benefits do You Offer? Examples “A listening ear combined with detached and considered advice.” “My expertise lies in combining commercial, organisation and contextual insights to create strategic thought leadership and pragmatic interventions.” “I am passionate about entrepreneurial start-ups, and great at supporting and advising them on fundraising, shareholding arrangements and growing global operations.” Take 3 minutes to reflect and fill in Step 2 What Do You Want? Step 2 - What Do You Want? Examples (Or not want?) “To have the immense satisfaction of a day’s work well done.“ “To earn x a year, working three days a week.” “An interim position as Financial Director in a medium sized company.” “A non- executive directorship.” “To find clients who I can work with from home 3 mornings a week.” Take 2 minutes to reflect and fill in Step 3 Identify people or organisations that you could add value to and that meet what you want? Take 2 minutes to consider and fill in Ideas Funnel Ideas Evaluation Action Step 3 (B) If the people or organisations you have identified are quite generic make a couple of them more specific . E.G. Irish FMCG companies might become Dawn Meats Semi State company Boards might become Bord Bia Large Legal Firms might become McCann FitzGerald Take one minute to make sure you have some specific targets Step 4 Which opportunities to go after Prioritising your resources Three Matrices Fit with benefits you bring HIGH Fit with what you want LOW HIGH LOW Take One Minute to Plot Your Target Organisations / People on Matrix Fit with benefits you bring HIGH Z A Fit with what you want LOW HIGH X LOW Size of opportunity BIG Level of HIGH effort required to get business LOW SMALL How Much Of Your Existing & Past Business Has Come from People With Whom You Have A Personal Connection (Direct or Indirect) ? Connections In Jobs Market •80% of today’s jobs are landed through networking (ABC News , 2012) •More than 80% of jobs are found through one-on-one networking (Research quoted by CPS Accountancy recruitment UK) •41% of jobs are found through networking (Forbes Magazine based on 2010 American data) We are in Ireland (2 degrees of separation!) ........and are self employed professionals Level of connection currently with target HIGH Ease of making an approach DIFFICULT EASY NON EXISTENT Step 4 - Which Opportunities To Go After - Prioritising Your Resources Is this really worth the effort? Why bother? Worthwhile opportunity & you have some connection Worth a go The 30 Minute Marketing Plan for Self-employed Professionals Step 1 Step 2 Step 3 Step 4 Identify people /organisations who you could add value to and who meet your vision Clarity about benefit you offer What you want Prioritise these targets Step 5 Marketing Requires Strategic Clarity "There is nothing so useless as doing efficiently that which should not be done at all." Peter Drucker The founder of modern management Step 5 Action Plan Social Media A Subjective Take On Social Media For Self-employed Professionals Device Basic Role Importance Comment Potential Linked in An on line CV. Very high At minimum fill out fully & post your photo. Research. Connection. Keeps you top of mind. Notice-board (Blog). Website An on line brochure. High Your website design should reflect how much time & effort you are willing to put in. Out of date websites are unprofessional. A tool for engagement: •Build up a mailing list (newsletters etc). •Blogs. •Case studies. Twitter Visibility. Showcase your expertise & interests. Depends on you! Requires authenticity & on going engagement. Engage with potential clients. Keeps you top of mind. Research. Facebook (in my opinion twitter is more impact ful & less time intensive) Social Media An excellent (If poorly titled) guide to social media Action Plan Some questions to consider: Do I know enough about targets? Is my information up to date? Do I know who the decision makers are? What’s important to them? (research) Am I clear about what I have to offer them / Is my offering optimised to benefit them? Are there tools/databases that can help me (e.g. Stateboards.ie , Irish or EU Tender organisations) ? If I have a relationship with them how do I nudge them or bring my skills to their attention? How do I go about engaging with targets, if I don’t yet have any contact with them? Step 5 -Action Plan E.G Research Web search – also look at what they have been up to on social media Who do you know who you can ask about them? Check out Who’s Who on Linked in (and who knows people you know) Can you experience their product/ services in some way? Who are their competitors? What are they up to? Can you fine tune benefits you offer to meet their needs “The Aim of Marketing is.... ....to know and understand the customer so well the product or service fits him (her) and sells itself” “.... to make selling superfluous." Peter Drucker The founder of modern management Step 5 -Action plan E.G Building on connections you have Set up a coffee Go to an event where you know they are likely to be Send them an article you think will interest them Write a blog you think will interest them & send it to them Comment favourably & share things they have posted on LinkedIn / social media Invite them to an event you think might interest them Let Me Remind You ....Marketing Is An Art! Step 5- Action Plan Take 3 minutes to decide on: •Three actions you will take over the next week •Three actions you will take over next month You now have a Marketing Plan for this month Step 1 Step 2 Step 3 Step 4 Identify people /organisations who you could add value to and who meet your vision Clarity about benefit you offer What you want Step 5 Action plan • Long term • Short term Prioritise these targets A Final Question Does your future business success deserve the investment of 30 minutes of your time a month to think about who you are targeting and how, and taking action? This presentation, the 30 minute marketing plan template and a list of resources are all available to download on www.cainterimmanagers.ie/membership/members/memberresources/ If you have any questions or I can help in any way: Jean Callanan 087 6287386 [email protected] MomentaHub.com