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Sounding Off on Real-Life B2B Marketing Mistakes, Missteps and Miracles
Topics: Law Firm Marketing
The professional services firm marketing model was a whole lot simpler in the 70s, 80s and 90s. Envision the professional services marketer on an imaginary island pumping out collateral, ordering business papers, sending out direct mail and pulling together proposals. Most of their work could be done relatively independently much to the delight of the billable professional. Lawyers, accountants, engineers and architects, were only too happy to remain focused on client work and attend the occasional networking event, leaving the marketing staff to do its thing.Read More
So why in the world is a marketing consultant offering helpful tips on how to lower a client’s or prospective client’s marketing budget? On the surface, it would seem to be not in my best interest. Well, first things first – what’s best for my clients is always in my best interest. But there’s another compelling reason behind why “less is sometimes better.” The lower the marketing spend, the greater the potential for a measurable and higher return on marketing investment. It’s to the marketer’s benefit to spend wisely on both short- and long-term value-added initiatives, and cut out the activities that are the equivalent of chucking dollars in a trash can.Read More