Tuesday, 25 May 2021

Professional Service Marketing (Service Marketing 25.05.2021)

Professional Service Marketing

Professional services are occupations in the service sector requiring special training in the arts or sciences.

 

Some professional services require holding professional degrees and licenses and they also require specific skills such as architects, accountants, engineers, doctors, lawyers and teachers.

 

The marketing and selection of professional - service providers may depend on factors such as skill, knowledge, experience, reputation, capacity, ethics, and creativity. Large corporations may have a formal procurement process for engaging professional services.

Prices for services, even within the same field, may vary greatly. Professional-service providers may offer fixed rates for specific work, charge in relation to the number or seniority of people engaged, or charge in relation to the success or profit generated by the project.

 

Professional services firms exist in many different industries. They include lawyers, advertising professionals, architects, accountants, financial advisers, engineers, and consultants, among others.

Basically, they can be any organization or profession that offers customized, knowledge-based services to clients.

 

There is no definitive list of occupations in professional services, but examples include the following:

·                  Accountant

·                  Architect

·                  Evaluator

·                  Engineer

·                  Financial planner

·                  Geoscientist

·                  Investment manager

·                  IT consultant

·                  Lawyer

·                  Management consultant

·                  Physician / Doctors

·                  Project manager

·                  Training and development

·                  Urban Planner

·                  Veterinary physician / Doctor


Effective Marketing for Professional Services

Today, lawyers, accountants, management consultants, architects, engineers, dentists, doctors, and other professionals must do extensive marketing to maintain and build their practices.

 

Professionals of all types now aggressively use marketing tools. For example, many newspapers, magazines, and Yellow Pages directories are filled with advertisements for lawyers, dentists, and accountants.

 

At the same time, dental, and tax-preparation clinics have become accepted as part of the suburban shopping centre scene. Furthermore, newsletters, press releases, and other public relations tools are widely used by accounting, law, architectural, engineering, and management consulting firms. And, in a less visible way, professional service firms of all types and sizes are employing marketing research and strategic planning with increasing frequency.

 

Professional Services Marketing Today

 

1) Specialization and niche targeting

The fastest-growing firms tend to be specialists in a carefully targeted niche – an area of the industry that they understand thoroughly.

 

2) Visible Experts

Visible Experts are exactly what they sound like: high-visibility experts in your industry. They are leading figures who advance big ideas and draw clients through the sheer power of their names.

These highly visible experts generate more leads, command billing rates that are up to thirteen times higher, and close sales more easily.


3) Blogs and articles

There are two sides to publishing blogs and articles: maintaining your own firm’s blog, and also contributing blogs or articles to outside industry publications.

 

4) A lead-generating website

A lead-generating website is carefully crafted to serve as the hub of your online marketing efforts. Attractive, easy-to-find content is served alongside relevant offers designed to convert visitors into leads, all integrated into a comprehensive lead-generating and nurturing ecosystem. 

 

5) Search engine optimization (SEO)

Going hand-in-hand with a lead generating website is a thoughtful strategy for search engine optimization. SEO is really an umbrella term for a variety of techniques designed to make sure that your valuable content gets in front of the right audiences online.

 

6) Speaking engagements

Speaking engagements are one of the most powerful lead generating techniques of high-visibility experts – and a great way to build one’s reputation. Speaking engagements confer credibility and often put you in front of a highly-targeted audience, presenting an excellent opportunity for generating leads.

 

7) Trade show participation

Trade shows are a great way to get a high concentration of potential clients all in one place at same time.

One of the major advantages of trade shows is that they allow organizations to come together around a common theme. This means that your audience can be truly targeted.

 

8) LinkedIn

When it comes to networking, trade shows are an efficient offline technique. But you can achieve many of the same aims in the online space with LinkedIn. As the premier social network for professional services, it is a rich source for influential and engaged professional contacts.

 

Other social media like Twitter are also helpful, but LinkedIn is really the top of the social media food chain for the B2B world. It’s not only a way to connect one-on-one, but a hub of focused professional services communities.

 

9) Online video

Online video allows for many of the benefits of face-to-face interaction. You can “meet” the people you’re working with, get a glimpse of their world and give them a more personal impression.

 

With live streaming video you can also pick up on visual cues like body language. Video also allows you to share detailed, highly visual tutorials or demonstrations easily.

 

10) Develop a signature piece of content

When you produce an authoritative work on a topic in your industry, it is a major source of credibility for your firm. You are demonstrating what is the most important criteria potential clients look for in a new firm…expertise Think of it as a short cut to the short list.

 

The most widely recognized and effective form of signature content is a book about your specialty.

 

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