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June 2020

image to support article: focus your marketing

Are you focusing on the right people?

By A Helping Hand, Focus, Marketing PlanNo Comments

image to support article: focus your marketing

As we all emerge from lockdown, you need to focus

If money is tight, you cannot afford to scattergun your marketing activity. If you do, it will be ineffective. Even if you have got some money spare, why waste it?  To get the best return on investment from the time and money you have available, it has to be focused.

Who should you focus on?

If I were a psychologist, I’d say: who do you want to focus on?  But I’m not, so I won’t. The best people to focus your marketing on are:

  1. People who are similar to your current clients.
  2. People in a similar geographic area to you

Easiest to impress

As we all emerge from lockdown and money is tight, we want to get the best we can for our money. Your target audience will be acting in a very similar way, so they will be looking for suppliers they believe can deliver on their promises. If you can show them you’ve delivered for a number of clients who are very similar to them, they will be much more inclined to believe you can do the same for them. Of course, you will need the evidence to back up your claims – more on that later.

Easiest to get to

If you are selling a service, chances are you will have to go to the prospect at some point very soon. Either as part of the sales process (maintaining social distance rules, of course) or to deliver part, or all, of the service. People who are close to you take less time and less money to get to. Far better to travel 10-20 miles than 2-300!

Of course, you can still do much of the sales process remotely. Phone, email and your preferred flavour of video conferencing will enable you to make sales, but lockdown won’t last forever (we hope), so those closest to you will be easier to account manage going forward too.

Once you start making sales, you can either add additional target audiences or increase geographical coverage, because you will have the budgets to do so.

Of course, you can always leave that boring stuff to us. Call us on 020 8634 5911 for any enquiries.

Want some help focusing your marketing?

 

Risks with referrals

The risks with referrals

By Marketing PerformanceNo Comments

We all love getting referrals. 

Who doesn’t like getting a useful referral? They are usually an easier sales pitch as the referrer has already done some of the work for you.  I acquired a new client at the end of last week from a referral, so I am particularly positive about them at the moment. 

There is one real issue that stops people giving referrals – the risk to them. 

Let me explain: 

When someone refers you, particularly to one of their clients, a little bit of their reputation goes with the referral.  There is a, hopefully, small risk that you won’t do a good job.  If that happens, there is a potential risk that your referrer could lose their client.  

On the positive side, if you do a very good job, their reputation is enhanced with that client. You are then far more likely to get more referrals from that person.  

The principle of liking comes into play here which can be broken up into three simple points;   

  • having a preference for those that we consider like ourselves in behaviour, values and attitudes,   
  • those that pay us genuine compliments, and most importantly,  
  • those that cooperate with us towards shared goals and vision 

Therefore, when some refers you, by managing to match the positive perception of the referrer, their reputation is enhanced with that client. You then gain an increased trust, improving the likelihood of you gaining further referrals from that person. 

So the morale of this blog is simple, if you are looking at getting referrals from your network, make sure you deliver on your promises.  

If you are looking to further improve your prospects of effective networking and gaining relevant referrals, our marketing experts at SME Needs are here for you.  

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