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Archive for September, 2011

What does a Marketing Consultant Do?

Tuesday, September 20th, 2011

Simply put, a marketing consultant is someone who helps maximize your company’s exposure to your market, with the purpose of increasing your profitability. By creating customized marketing strategies, a marketing consultant helps set you apart from your competitors. Armed with a solid marketing plan, your consultant can also help you implement the strategies and follow through with them.

There are several benefits of working with a GOOD marketing consultant:

A marketing consultant helps you stay strategic

Being strategic means knowing where you are, where you’re trying to go and how you’re going to get there, while keeping your attention directed toward getting there. Marketing is a process. It requires constant attention, monitoring and adjustment. Without being strategic, you can lose sight of your goals very easily. A good marketing consultant can strategically guide your marketing efforts.

A marketing consultant offers expertise

The purpose of any marketing is to bring in new sales while retaining current customers by managing and nurturing the relationships with them. Cultivating and deepening your company’s image and brand is another aspect of marketing that requires professional expertise and input. A good marketing consultant can help you gain a deeper understanding of your value proposition (i.e. why your customers should buy your products or use your services) and build solid marketing strategies around it.

A marketing consultant provides objective inputs

As small business owners, we are emotionally tied to our companies and heavily invested in them financially. Making objective business and marketing decisions can therefore become very difficult. As an outsider who has in-depth marketing knowledge and business acumen, a good marketing consultant will ask the right questions, understand the uniqueness of your business and offer objective input for your consideration.

A marketing consultant thinks outside of the box

When it comes to marketing, creativity is the key. Most of us have plenty of competitors occupying the same market space that we are targeting. A good marketing consultant is someone who has an innate ability to generate original and inventive ideas to make a business as unique as the business owners themselves.

A marketing consultant boosts your bottom line

All marketing efforts should be measureable. Otherwise, they are wasted efforts. Marketing is a process that takes time to realize its benefits. An effective marketing consultant will build tracking mechanisms in your marketing plan to ensure that you can see the direct correlation between your marketing efforts and your bottom line.

Three Mistakes to Avoid When You Are Starting to Market Your Business

Wednesday, September 14th, 2011

If you plan on starting a small business or are currently running one, how to market your products or services is no doubt a top concern. After all, without some form of marketing, it would be difficult to get the word out that you are open for business! Many business owners, however, jump right into this game of marketing without having a proper marketing strategy or marketing plan.

The danger of doing ad hoc marketing typically results in wasted money and time. It’s also extremely frustrating to business owners when they don’t see any results and impact on their bottom line. With a proper marketing strategy in place, there’s now a goal, measures of success, a budget to stay within and a carefully thought out implementation plan and schedule.

Beyond not having a marketing strategy in place, business owners new to marketing also need to avoid the following mistakes:

Having an Unprofessional Image

There’s an old saying that goes “You can’t judge a book by its cover.” BUT PEOPLE DO! Consumers are inundated with choices. Businesses have a very small window of opportunity to make an impression. As a first step to success, you need to put your best foot forward by looking professional. These efforts can be as simple as having an appealing, appropriate logo and proper business card, no typos in your brochure and a functional website.

Hidden or Missing Important Contact Information

If you’d like people to buy from you, make the process easy. If your potential customers have to go to the distance just to find out where you’re located, they will not bother. Unless you offer something no one else does, it’s simply easier for them to find the next competitor than waste their energy digging through your marketing materials. Inaccessible information knocks off a few points on your professionalism as well.

Spreading Your Marketing Dollars Too Thinly

New and small businesses typically have a limited budget towards marketing. This reality is then even more a reason to use your resources wisely. Instead of taking on more than 10 marketing tactics from social media to trade shows to newspaper advertising, focus on just a handful of media, use them consistently and frequently, and build a solid follow up and tracking strategy around these tactics so you know how successful they are.

Even though the details of a marketing strategy are not discussed in this particular post, we have written about the importance of a marketing plan in the past. In addition to having a solid marketing strategy before you set out, use common sense and simply think from your customers’ perspectives and market accordingly.

Creating a Dream Team

Wednesday, September 14th, 2011

As business owners, we deeply understand the importance of having good people on board. But how can we make sure that we attract good people? Read our article contribution to Women’s Enterprise Centre on Creating a Dream Team.