Tuesday, March 25, 2008

Dashboard Definition -- A Good One

A marketing dashboard is a collection of critical metrics organized by logical family which provide diagnostic and predictive insights to measure performance and support resource allocation. Okay,...

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Marketing Dashboards

I am in Denver, CO at an AMA workshop on marketing dashboards. The presenters are the bright and highly practical Alex Eldimir and Pat LaPointe of MarketingNPV. I've had both on the radio program...

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Know Your Brand's Primal Code

Why do certain companies mean something to us, while others don't? The answer is a pattern: a code that runs attracts us at the most basic level of human motivation and persuasion. In today's show...

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Podcast: Ten Most Effective Marketing Techniques

The Chicago Bar Association asked me to record a podcast on the most effective marketing initiatives for solos and small law firms.  The recording is online at http://www.chicagobar.org/podcasts/   It's the second item: 08/24/2007 - YLS - Most Effective Marketing Techniques. 

Look for the link Download -- left-click on the link to listen to it online, or right-click to download it to your computer. It's 8.92 meg, so it'll download in about a minute.   Here is a table of contents:
  1. Spend 2.5% of gross revenue on marketing.
  2. Put video on your website.  It appeals to 30% of the US public, which has always had the Internet as part of their lives.
  3. If you can't measure your marketing initiative, don't do it.  Be skeptical of advertising and public relations. Instead write blogs, websites, online banner ads, email newsletters
  4. Focus on getting new files from current clients.
  5. Cultivate referral sources. Start with clients, then pursue investment brokers, accountants, bankers, law school classmates and other sources.
  6. Get on the board of directors of a trade association.  Get active and be visible.
  7. Pursue "targets," or business executives whom you already know.
  8. Write down your business plan -- whom you're going to call, when you're going to meet them and the outcome you desire.  It's inchoate until you write it down.
  9. Spend 400 hours a year on business development -- four hours per week.
  10. Track your results.   It's better than radio ads, which don't produce any results.