3 tests to check your marketing effectiveness.
Wednesday 30th November 2011
"I don't know who you are. I don't know your company. I don't know your company's product. I don't know what your company stands for. I don't know your company's record. I don't know your company's reputation. Now, what was it you wanted to sell me?"
This ad from McGraw Hill gives a wonderful demonstration of how awareness of your brand will increase sales effectiveness.
However a brand will also will help generate leads, generate premium fees, help beat the competition, facilitate repeat business and help attract top talent to your business.
In the service industry an effective brand is not only available to those with the deepest pockets. If you view your brand as a collection of perceptions about your firm, then the key question is to understand 'whose' perceptions you are really interested in changing and focusing on them in a structured way.
One way of bring structure to your activity is to check whether your different marketing initiatives focus on one of three measurable outcomes (source: professional services marketing)
- Creating conversations with potential buyers
- Creating better odds of winning client engagements
- Driving higher revenue per engagement and client, and higher fees for services
If the answer is 'yes' then keep it, if it is 'no' then put a line through it and think again.




