Anyone who is updating their marketing plan or business plan knows that there’s a section that includes strengths, weaknesses, opportunities and threats. And within this section is the PEST acronym for political, economic, social and technology – all areas to consider where changes may come from that affect your business.
How to assess politics for marketing?
Unless you are super into politics, most of us are not aware of the plans of the civil service and the government of the day. Some things hit the news, but most of the work goes on without too much hitting our consciousness.
So you write the Political part based on general knowledge and guesswork. And it’s not good.
No more, here’s a great way to find out what is coming up that will affect your business planning.
Briefings to Incoming Ministers
The New Zealand civil service writes a briefing for all the new ministers after a general election. This document is later published so we, the electorate, can see what they are planning. The BIMs are now all published for the current Ardern government.
Take a read of the briefings most relevant to your area of business – from the Finance Minister, to Revenue, Small Business, Tourism, Callaghan and the Digital Economy Communications – I found these fascinating.
Not all the briefing is public – there are redacted parts which are sensitive (some relate to jobs, others to matters like likely tax changes).
My company provides mechanical designs and manufacturers and supplies products to a few companies in both the US and Europe. How do I increase my customers?
This is a typical “opening” question that I get asked when starting a new engagement with clients. B2B marketing needs to be closely integrated with the new business and new client acquisition process to be effective.
For a public question and answer, I gave some straightforward answers. The detail of how to apply these, is where my expertise will help you get it right first time.
Planning B2B sales and marketing plan
Step one for B2B sales
Ask your existing client/s for referrals. If they were happy with the work that you did, they should be happy to help. If you feel the need, offer them a X%/$X discount on the next project for every client they refer. This is ‘win-win-win’ situation because you get more clients, they get a discount, and they use your services again.
Ask your existing clients for a written recommendation & permission to use their logo on your website. Publish them both on your website. This will help increase the conversion rate on your website. If you feel the need, you can offer them a link to their website which will be good for both of your SEO rankings – so another win-win.
Publish as much (relevant and quality) content as possible on your website (about the projects you’ve done, potential projects, your fields of expertise, etc. Obviously, you need to have a professional and trustworthy looking website. I can explain how the articles need to be done.
Create a free ‘get a quote tool’ – many customers check online to get an estimate of how much the project will cost. If you have an automatic online tool, this can attract a lot of customers. I have personally used such a tool and I was very impressed.
Partner with organisations/companies that work with your target clients – for example: I work with lots of entrepreneurs and many of them ask me for referrals to various types of service providers, including programming companies. These companies give me a small percentage of the profits they make from my referrals (of course I only refer to companies which I know and trust as my reputation is worth more than the referral fee).
Step 2 tactics for more sophisticated marketers
In Europe, there are a number of partnership sites for B2B. You could use these sites to post your offer or search for other offers and hopefully make a match.
Another approach is considering hiring local distributors who specialise in your industry. The advantage here is local distributors will already have a strong network to promote your products/services. Furthermore, local distributors would have thorough understanding of the local market, language, and business culture to close deals.
Go talk to your current customers. Ask them why they do business with you. They may, and most likely will, tell you something different than you’re saying to new prospects. Listen to what your current customers are saying and use their messaging to talk to the market. Ask them if they know other companies that could use what you have,
Go and join the professional trade bodies who represent the industries for your existing clients. Ask your existing clients what these are. Once you are a member, you will be able to see a membership list of other organisations who are also members
Plan outbound marketing to approach these companies and see if they want to also work with you.
Consider visiting the annual conferences and trade shows which these professional bodies run because you will then meet in person with prospects. Many people find it easier to sell their expertise face to face. You could consider doing a trade show stand as well where you can display your past work and the logos of your clients. This builds trust and can start discussions.,
B2B sales and marketing work together
In summary – you need to learn the process of B2B new business, you need a strategy for your new business development and then you need a regular tactical execution process to deliver the new business programme.
You may choose to hire an external advisor to help write the strategy, you could get an in-house salesperson to deliver the tactical execution as well, depending on the size of your contracts and how many you need to get in order to pay for their salary plus commission to make it worthwhile for the business.
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https://creativeagencysecrets.com/wp-content/uploads/2020/01/campaign-creators-xEMsS6Vqryc-unsplash-scaled.jpg25601702Rebecca Caroehttps://creativeagencysecrets.com/wp-content/uploads/2014/04/CAS_Logo_1line_RGB.jpgRebecca Caroe2020-01-13 10:32:592020-01-13 10:32:59Tips for manufacturers to grow client base
Ready for next year? No, of course you’re not. This is normal.
But you intend to get ready and to plan your marketing, don’t you?
Make those resolutions happen by booking in to our January 2017 Marketing Year Planning Workshop.
Join us for a Marketing and Business Development Workshop to help you get your year plan sorted!
What Will I Get Out Of It?
We’ll walk you through our 8 Step Business Development Methodology, which will create a detailed plan of activities for the year that will drive new leads into your business and position you to achieve your goals for 2017.
You’ll also learn tips, techniques and marketing tools for your business which are vital to your modern marketing success. These are tried and tested as we do them ourselves and for our clients.
Join our Group Workshop Session on 26th January 2017 in Auckland for $500.00 + GST. This fee is per business and so you can bring 1 colleague with you.
Build your business development plan for the next year and guide your business towards success.
This workshop is for business owners and managers who are responsible for finding new clients and growing revenues. It will show you the practical, tried and tested techniques that the Creative Agency Secrets team uses for its clients.
You will learn:
How to create a unique company profile.
A check list of marketing activities .
New business pipeline analysis and tracking template.
What you need to do to get better known in your industry.
Learn relationship building for getting and keeping long term clients.
How to spot opportunities for new business sales.
The business process that delivers leads.
What to measure to track progress.
Each attendee will take home a high level plan for their business – planned through the year with month by month activities.
Testimonials from Nov 2016 attendees
“It was good to be in the group and to feed off Rebecca’s comment and experience. I don’t record leads and whether they were successful and that will definitely be useful in future.” Nicola Manning, Nicola Manning Design
“I enjoyed it.It was definitely worthwhile.I thought it was a good bunch of people and it was very interesting.” Dave Sauvage, Sauvage Design
It was really good and I will do a strategy accountability partner each month.I am going to leave my paid mentor group and do this instead. I have to get into the headspace to actually go back and review everything and set goals for each month. The wide range of people was very good especially the male female diversity. Jo-Anne Hitchcock, H Architecture
“I thought it was useful and when people are at different stages that’s interesting.I could do a few things differently which is partly a time thing. Beneficial – I got out of it as much as I could.” Jeremy Sutton, Jeremy Sutton Lawyers
https://creativeagencysecrets.com/wp-content/uploads/2016/10/workbook.png844642Rebecca Caroehttps://creativeagencysecrets.com/wp-content/uploads/2014/04/CAS_Logo_1line_RGB.jpgRebecca Caroe2016-11-23 16:47:292022-12-19 11:57:20New Year Marketing Planning - resolve to do this!
