1 - What Really Works? Effective Marketing Strategies Flashcards

1
Q

What is marketing defined as?

A

Telling people what you do, over and over.

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2
Q

What are some methods of communicating marketing messages?

A

In person, by phone, in writing, on the Web, through the media.

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3
Q

What is the primary challenge for professionals in consulting and coaching regarding clients?

A

Getting prospective clients to pay attention and remember you until they need your services.

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4
Q

What are common responses for acquiring clients from successful businesspeople?

A
  • Referrals
  • Networking
  • Making contacts and following up
  • Word of mouth
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5
Q

What is ‘analysis paralysis’ in the context of marketing?

A

The inability to decide where to begin due to feeling overwhelmed.

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6
Q

What are some reasons people fail in marketing their professional services?

A
  • Not knowing where to start
  • Uncertainty about putting pieces together
  • Lack of a system or plan
  • Difficulty staying motivated
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7
Q

What does John Jantsch argue small business marketers often overlook?

A

That marketing should be viewed as a system, not a single event.

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8
Q

What are the three characteristics of an effective marketing system according to John Jantsch?

A
  • Documented
  • Built on sound marketing principles
  • Constantly measured, innovated, and refined
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9
Q

What is the Get Clients Now! program designed to do?

A

Break down the marketing and sales process into simple steps.

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10
Q

What are the three powerful elements of the Get Clients Now! program?

A
  • Effective, personalized marketing strategies
  • An action-oriented, 28-day program
  • Approaches for managing fear, resistance, and procrastination
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11
Q

What is the purpose of the Get Clients Now! Action Worksheet?

A

To design your personal 28-day program.

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12
Q

List the six components of the Get Clients Now! program included on the Action Worksheet.

A
  • Marketing Strategies
  • Marketing Stage
  • Program Goal
  • Success Ingredients
  • Daily Actions
  • Special Permission
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13
Q

What role does accountability play in coaching according to Laura Whitworth?

A

It raises the stakes and helps individuals make changes they want to achieve.

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14
Q

What is the second secret of successful professional services marketing?

A

Marketing a service business is not the same as marketing a product.

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15
Q

Why are services considered intangible?

A

They cannot be seen, touched, or tasted until performed.

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16
Q

According to the old saying in sales and marketing, what must be established for a sale?

A

People do business with people they know, like, and trust.

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17
Q

Fill in the blank: Effective marketing is about creating and operating an effective __________.

A

[marketing system]

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18
Q

What does the marketing calendar help you to do?

A

Look at tasks like a ‘to-do’ list.

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19
Q

What can increase the likelihood of success in marketing efforts?

A

Adding accountability, perspective, and support.

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20
Q

What is a business buddy?

A

A friend or colleague who helps you stay on track with your goals.

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21
Q

What is one benefit of using action groups?

A

They provide support and accountability for a group of people working together.

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22
Q

What can a business coach help with?

A

Assisting businesspeople to achieve goals and increase effectiveness.

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23
Q

What should you do if you want to repeat the Get Clients Now! program?

A

Use the same action plan for another twenty-eight days or design a revised plan.

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24
Q

True or False: Marketing a service can be effectively accomplished without a systematic approach.

A

False.

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25
What is the old saying in sales and marketing regarding client relationships?
People do business with people they know, like, and trust.
26
What are the three levels of information in the marketing strategies diagram?
* Six sales and marketing strategies * Effectiveness ranking of strategies * Impact created by each strategy
27
What is the effectiveness ranking of sales and marketing strategies?
Direct contact is at the top, advertising is at the bottom.
28
Which strategies are more likely to create a personal relationship between you and the buyer?
Strategies 1 through 3.
29
True or False: Advertising used alone is an effective way to find clients for a professional.
False.
30
What factors can influence the effectiveness of a marketing strategy?
The situation, your abilities, and preferences.
31
What is the main focus of the Get Clients Now! system?
Marketing your own services or the services of your firm.
32
What types of impact do marketing strategies create?
* Outreach * Visibility * Credibility
33
How does online marketing relate to traditional marketing strategies?
It follows the same effectiveness ranking pattern.
34
What is essential for building relationships and trust according to Elinor Stutz?
Your words, actions, and deeds need to be in alignment with integrity.
35
What should you check to measure your success in developing trust?
Percentages for returning clients, referrals, and testimonials received.
36
Fill in the blank: Marketing strategies are the highest-level _______ for your marketing and sales activities.
organizing principle
37
What is the first contact in direct contact and follow-up strategy supposed to be?
Truly personal, not a form letter or bulk e-mail.
38
What is an effective follow-up technique after initial contact in direct contact?
More impersonal direct communication like postcards or e-zines.
39
What is cold calling?
Calling a complete stranger on the phone.
40
Name two tactics for direct contact and follow-up.
* Lunch or Coffee (with prospects) * Personal Letters and E-mails
41
What is the broader view of networking?
Creating a pool of contacts for clients, referrals, resources, ideas, and information.
42
What is one tactic for networking and referral building?
Attending Meetings and Seminars.
43
How can you build your network of colleagues and referral sources?
By following up with contacts using similar tactics as for direct contact.
44
What is the benefit of volunteering and serving on committees?
Gains more visibility and recognition.
45
What does Maria Elena Duron say is essential for building trust?
Ongoing interaction.
46
Fill in the blank: Regular networking produces the cornerstones for a growing business—good _______ and new connections.
relationships
47
What can your business connections yield as they become relationships?
Access to knowledge and referrals.
48
What is the primary benefit of networking?
It builds relationships and trust, which are essential for business success.
49
People do business with people they _______.
[know, like, and trust]
50
How can public speaking enhance networking?
It makes you more visible and memorable to your audience.
51
What is a recommended starting point for new public speakers?
Volunteer to introduce speakers or serve on a panel.
52
True or False: Hosting your own events is often more effective than speaking for established groups.
False
53
What is one tactic for public speaking?
* Acting as Master of Ceremonies * Serving on Panels * Making Presentations * Virtual Speaking * Giving Classes or Workshops
54
Why is writing articles beneficial for visibility?
It establishes credibility and can reach a wider audience.
55
What can help turn your writing into publishable prose?
A ghostwriter or professional editor.
56
What is a key benefit of being featured in the media?
It provides credibility as an unbiased source.
57
What should you consider before participating in a trade show?
The cost per head of each likely prospect.
58
What is a strategy for promotional events?
Co-sponsoring a workshop or fundraiser with a nonprofit.
59
What should you evaluate when considering advertising?
The potential return on investment.
60
Fill in the blank: Advertising alone rarely generates business; it must be coupled with _______.
[direct contact and follow-up tactics]
61
What is the effectiveness of unsolicited bulk e-mail ads?
They are likely the least effective advertising tactic.
62
How can you increase website visibility without paid ads?
By optimizing for search engines and creating valuable content.
63
What is a common perception of journalists or producers?
They are seen as unbiased sources of information.
64
What is the potential downside of using print directories?
Their usage is declining, and they may not reach your target audience effectively.
65
What is one tactic for increasing your web presence?
Getting others to link to your website.
66
True or False: Ads allow clients to get to know you personally.
False
67
What can be a benefit of writing a column?
It helps readers remember you and establishes you as an expert.
68
What is a benefit of virtual speaking opportunities?
They allow you to reach an international audience without travel.
69
What should you do to get media attention for your expertise?
Provide an engaging story to editors or producers.
70
What is considered the least effective advertising tactic?
Professional services advertising ## Footnote It is likely to annoy prospects.
71
How do postal mass mailings compare to personal letters?
Postal mass mailings have less impact and are often a waste of money ## Footnote Consider narrowing your target group instead.
72
What is a suitable use for brochures and flyers?
To develop interest with a targeted group ## Footnote They can be left at businesses frequented by the target audience.
73
What is necessary for effective radio or TV ads?
A substantial budget and repetition of ads ## Footnote Professional help in scripting and production is recommended.
74
What is a potential drawback of using billboards for professional services?
They may not be the best use of marketing funds ## Footnote There are likely better strategies to spend money.
75
How many marketing strategies are ideal to attempt in a twenty-eight-day period?
Two or three strategies ## Footnote More than four is too many, and fewer than two won’t provide enough flexibility.
76
What does Tony Alessandra suggest about successful salespeople?
They build their network and invest in personal visibility over time ## Footnote They market themselves similarly to how companies market products.
77
What is the advantage of personal marketing?
It leads to easier appointments and relationship-building with potential clients ## Footnote It increases recognition of your name and expertise.
78
What is the quality of leads from personal marketing compared to cold calls?
Incoming leads are usually of higher quality ## Footnote Prospects who call have already identified their need for your services.
79
What should be the focus when building a personal marketing strategy?
Getting multiple exposures to a smaller target group ## Footnote This is more effective than fewer exposures to a larger audience.
80
How are marketing and sales integrated when selling professional services?
They are not separate activities and can occur simultaneously ## Footnote Networking can lead to selling situations and vice versa.
81
What can direct contact and follow-up be considered as?
A form of personal selling ## Footnote However, it may not always involve direct selling.
82
What is essential to understand about the terminology of marketing strategies?
Each overall strategy is made up of tactics and has a resulting impact ## Footnote Understanding these distinctions aids in following the marketing process.
83
Fill in the blank: The successful salesperson uses _______ marketing.
[personal] marketing
84
True or False: Selling and marketing for professional services are completely separate activities.
False ## Footnote They must be seamlessly integrated.