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	<title>Practicing Professionals Blog by Mark V Bullock &#187; Advertising</title>
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	<link>http://markbullock.com</link>
	<description>Client Acquisition, Strategies &#38; Technologies for Practicing Professionals</description>
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		<title>The (not so) Secret Formula for Success as a Practicing Professional!</title>
		<link>http://markbullock.com/the-not-so-secret-formula-for-success/</link>
		<comments>http://markbullock.com/the-not-so-secret-formula-for-success/#comments</comments>
		<pubDate>Tue, 24 Mar 2009 21:44:27 +0000</pubDate>
		<dc:creator>Mark V Bullock</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[formula for success]]></category>
		<category><![CDATA[marketing for accountants]]></category>
		<category><![CDATA[marketing for attorneys]]></category>
		<category><![CDATA[practice marketing]]></category>
		<category><![CDATA[practicing professionals blog]]></category>
		<category><![CDATA[success]]></category>

		<guid isPermaLink="false">http://mbullock.com/?p=94</guid>
		<description><![CDATA[Several recent experiences, both personally and professionally, with my clients &#38; others have deeply reinforced to me what I’ve held as an accurate &#38; authentic formula for what it takes to be successful as a Practicing Professional. I assert it holds true regardless of the state of the economy, or almost any other forces we [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-96" title="success-formula" src="http://markbullock.com/wp-content/uploads/2009/03/success-formula.jpg" alt="success formula" />Several recent experiences, both personally and professionally, with my clients &amp; others have deeply reinforced to me what I’ve held as an accurate &amp; authentic formula for what it takes to be successful as a Practicing Professional. I assert it holds true regardless of the state of the economy, or almost any other forces we may encounter. In fact this (not so) secret formula seems to hold whether you are a practicing professional, a business owner or an employee. I assert that the (not so) secret formula, as it became more apparent to me a few years ago, is simply the following:</p>
<p>To be successful, you only really need to:</p>
<p><strong>1 &#8211; BE People Centric<br />
 2 &#8211; BE Technology Literate<br />
 3 &#8211; BE Branding &amp; Marketing Focused &#8211; And<br />
 4 &#8211; Do Great Work</strong></p>
<p><span id="more-94"></span>Here’s how I distinguish these four tenets of success:</p>
<p><strong><span style="text-decoration: underline;">1 &#8211; People Centric:</span></strong> With the possible exception of commodity purchases (ie. where you choose to buy your paper towels), contrary to what many believe, business is rarely conducted business to business, or business to consumer. But in fact it’s almost always conducted <strong>person to person</strong>. We’ve all heard the phrase “nothing personal – it’s just business”. I assert the opposite is true – <strong>“it’s not just business – IT IS personal”</strong>.</p>
<p>People do business with, refer business to, recommend and in other ways support &#8211; other people that they know, like and trust. They also frequently give special consideration for those whom they feel supported by – personally. What do I mean by support? – I mean showing you care, your listening of them, your encouragement and acknowledgement of them, your generosity of time &amp; resources with them. Your willingness to help them overcome a challenge or solve a problem they are struggling with.</p>
<p>Sales trainer &amp; author Ken Foley states<strong> “adults are grownup kids with A.D.D.”</strong> not the Attention Deficit Disorder that we typically think of – but a persons inner &amp; unmet craving for attention, to be heard, to be understood, to be acknowledged and valued. I’m convinced the greatest &amp; most powerful skill set we can develop is to take a genuine interest in, listen to, give attention to, acknowledge, encourage, and value others. If you make it “all about them” vs. all about you, I think you’ll find you go a lot further, a lot faster, with a great deal less effort.</p>
<p><strong>What difference have you made in someone else’s life today?</strong></p>
<p><strong><span style="text-decoration: underline;">2 &#8211; Technology Literate:</span></strong> The Internet <strong>just is</strong>. The personal computer <strong>just is</strong>. Connectivity, cell phones, email, instant messaging, text messaging, personal Web sites, Blogs, social networking sites, online forums, etc., etc. <strong>just are</strong>. All of the current technology we see and hear about that other people (see the first tenet) are using, being productive with, are leveraging to solve problems, are communicating with, and most importantly – are participating in and with – <strong>simply exist</strong>.</p>
<p>The <strong>question is</strong> – are you participating with, leveraging, connecting with, communicating with &amp; supporting others using these tools &amp; communities? The imperative of learning, leveraging and communicating with and through these technologies is not coming around the bend, or in the future, <strong>the imperative is – right now!</strong></p>
<p><strong><span style="text-decoration: underline;">3 &#8211; Branding &amp; Marketing Focused:</span></strong> Let’s be honest – we now know, beyond a shadow of a doubt, that no business, no organization, not even an individual can possibly hope to gain the visibility, exposure, &amp; customer mind share necessary to be successful in the long run using “traditional” advertising. Yes I know, there are still large companies, investing massive amounts of cash into traditional advertising campaigns that do produce “some” results. But these results have been, and continue to diminish, and will do so into oblivion. <strong>Traditional advertising ROI is virtually dead</strong>.</p>
<p>Are you still beating that dieing &amp; almost dead horse? If so – why? <strong>You have a choice</strong>, a choice to develop a “Brand” for yourself and/or your business/organization using the first two tenets. A brand that showcases your value &amp; expertise, <strong><em>as it applies to others.</em></strong></p>
<p>Let me step back and clarify something here. I believe that traditional advertising is dieing/dead because it is by definition <strong>“speaking AT people”</strong> (essentially vomiting information AT people, about you and your services, whether they want it or not, and most often at times and in ways they don’t want, and frequently resent you the advertiser for). Indeed this is the lowest rung on the marketing ladder.</p>
<p>The next rung up is <strong>“speaking TO people”</strong> (telling/sharing information that your market research indicates people may want to hear &amp; be willing to listen to) that’s a little better, and often produces somewhat better results.</p>
<p>Almost at the top now is<strong> “speaking WITH people”. </strong>It’s a two way <strong>conversation</strong>, it’s asking questions, really listening, sharing idea’s &amp; insights. Proving you actually do care about them, and your willingness to serve &amp; support them (see the first tenet), showing them the value you can be for them, and that <strong>you value them!</strong> In marketing it’s <strong>respecting their choice </strong>of what information they want, when they want it, and how they want to receive it (see the second tenet).</p>
<p>This gives access to the very top rung of the marketing ladder &#8211; <strong>the Holy Grail</strong> – having people <strong>talk “about you” to and <span style="text-decoration: underline;">with</span> others</strong>. That’s when your Personal Brand begins to pay dividends. You just need to insure that what they are saying about you is the value you’ve brought to them vs. how irritating your advertising is, or how unhappy they are with what you’ve done for them, or your organizations poor customer service &#8211; which is why you must:</p>
<p><strong><span style="text-decoration: underline;">4 &#8211; Do Great Work &#8211; for “Them”:</span> </strong>Give great advice, be generous, become know as a contributor to others, go the extra mile for “them” – whether they are paying you or not. Simply don’t give “them” (anyone) a reason to talk about you with anything but allocades. Whether they be clients, staff, associates, or even casual business associates.</p>
<p>To validate what I’ve just shared. Look to yourself, how do you want to be spoken to, how do you want help solving your problems &amp; overcoming your challenges, how do you want to receive information about products &amp; services you’re considering?</p>
<p>I’ll bet you’re far more willing &amp; likely to <strong>participate in a conversation</strong> with, and engage with a practitioner/individual/company/organization that gets &amp; operates with the formula above, than one who is <strong>carelessly &amp; constantly speaking AT you</strong>, without regard for you, or respect for you, or acknowledging <strong>you – as a person.</strong> Either way – you’re likely to talk about them to others and your words will have a great deal of sway to those with whom you speak – and so will theirs.</p>
<p><strong>Mark V Bullock</strong><br />
Practice Marketing Advisor &amp; Business Coach</p>
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		<title>The highest leverage client retention tool yet!</title>
		<link>http://markbullock.com/the-highest-leverage-client-retention-tool-yet/</link>
		<comments>http://markbullock.com/the-highest-leverage-client-retention-tool-yet/#comments</comments>
		<pubDate>Wed, 10 Sep 2008 21:01:53 +0000</pubDate>
		<dc:creator>Mark V Bullock</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[consistancy]]></category>
		<category><![CDATA[Honor]]></category>
		<category><![CDATA[Integrity]]></category>

		<guid isPermaLink="false">http://mbullock.com/?p=59</guid>
		<description><![CDATA[What do your clients think about you, but aren’t telling you? What comes to their minds when they think about making an appointment with you? What do they unconsciously know they can count on from you? You see, you have an impact on your clients and in fact everyone you interact with. Whether you know [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://markbullock.com/"><img class="alignright size-thumbnail wp-image-60" title="Integrity" src="http://markbullock.com/wp-content/uploads/2008/09/integrity-120x120.jpg" alt="Integrity in business" /></a>What do your clients think about you, but aren’t telling you? What comes to their minds when they think about making an appointment with you? What do they unconsciously know they can count on from you?<br />
<span id="more-59"></span></p>
<p>You see, you have an impact on your clients and in fact everyone you interact with. Whether you know it or not. Whether you see it or not, and whether you intend it or not. It’s the same impact that carries through from your marketing efforts, to your initial conversations with someone, to your follow through with a long term client relationship.</p>
<p>What is your single biggest impact? It is simply your integrity. Do you do what you say, when you say you will do it? Do you Honor Your Word? Let’s be honest now, we all have our reasons for being late for a meeting, or not completing a project on time, or missing a conference call. Circumstances and reasons abound. But your circumstances &amp; reasons don’t mean anything to your clients, not really, nor to anyone else who needs to trust you, only whether they can count on you or not. It’s that simple.</p>
<p>There’s a rule of thumb that says “how you do anything, is how you do everything”. In fact this rule is embedded in our psyches. We unconsciously know when dealing with someone who is late or in some way breaks a promise -that we can’t completely trust them to keep future promises. We also know when someone shows respect for our time and attention, by being on time, and fulfilling on their agreements, that we can probably trust them in the future, and even outside of the context of our current interaction.</p>
<p>So the single most powerful client retention tool is simply to Honor Your Word. To do what you say you will do, when you say you will do it. But what if on occasion, despite your best efforts, you can’t? Then notify the other party at the earliest possible moment, in advance if at all possible, and make a new promise of time/delivery and keep it. In other words, acknowledge the break down, clean it up, and move forward. Make this a day by day, moment by moment practice, and watch your practice and the strength of your relationships grow!</p>
<p>Seth Godin touches on this principle in his blog at <a href="http://sethgodin.typepad.com/seths_blog/2008/09/time.html">http://sethgodin.typepad.com/seths_blog/2008/09/time.html</a></p>
<p><strong><span style="font-size: x-large; font-family: Mistral;">Mark V Bullock</span></strong></p>
<p>Partner / Practice Marketing Advisor</p>
<p><a href="http://www.PracticeMarketingAdvisors.com/" target="_blank">PracticeMarketingAdvisors</a></p>
<p><a href="http://www.PracticingProfessionalsBLOG.com/" target="_blank">PracticingProfessionalsBLOG</a></p>
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		<title>Marketing after the sale?</title>
		<link>http://markbullock.com/marketing-after-the-sale/</link>
		<comments>http://markbullock.com/marketing-after-the-sale/#comments</comments>
		<pubDate>Sun, 07 Sep 2008 21:15:42 +0000</pubDate>
		<dc:creator>Mark V Bullock</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Customer Service]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Sales]]></category>
		<category><![CDATA[client aquisition]]></category>
		<category><![CDATA[referals]]></category>

		<guid isPermaLink="false">http://mbullock.com/?p=39</guid>
		<description><![CDATA[The cost of acquisition of a new client can be very high, both in $$ and your resources and yet the typical practice/firm puts out 80% of it’s marketing effort towards acquiring new clients and only 20% on existing clients. Marketers in the know – know you should reverse these percentages. The fact of the [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal"><a href="http://markbullock.com/wp-content/uploads/2008/09/planting-seeds.gif"><img class="alignright size-medium wp-image-47" title="marketing-seeds" src="http://markbullock.com/wp-content/uploads/2008/09/planting-seeds.gif" alt="marketing by planting seeds" width="97" height="100" /></a>The cost of acquisition of a new client can be very high, both in $$ and your resources and yet the typical practice/firm puts out 80% of it’s marketing effort towards acquiring new clients and only 20% on existing clients. Marketers in the know – know you should reverse these percentages. The fact of the matter is you’ve already made the investment to reach your existing clients, develop a trusted relationship with them, and proven your value to them. – But – do they know how else and in what other ways you can serve them going forward?</p>
<p class="MsoNormal"><span id="more-39"></span></p>
<p class="MsoNormal">It’s crystal clear in this market place the value of branding yourself as a specialist. But that doesn’t mean you can’t capitalize on more general or other specialist opportunities with existing clients as those opportunities arise. And frankly – why not create those opportunities in the first place?</p>
<p class="MsoNormal">Here’s a couple of quick samples:</p>
<ol style="margin-top: 0in;" type="1">
<li class="MsoNormal">Some      folks are uncomfortable referring others, or you may be uncomfortable      asking for them. So how can you always follow the marketing thumb rule of      always ask for referrals? Here’s the secret – <strong>Don’t ask for a referral      – ask for an “introduction”.</strong> After confirming your client is happy,      simply ask if they know anyone they would be willing to introduce you to.      Make sure you are willing to give away an initial meeting to advise or      council. This is a much softer sell, and far less threatening request than      asking for your customers to essentially “sell” you to their friends &amp;      associates.</li>
<li class="MsoNormal">Add      every client to your ongoing follow-up system. IE. your email/snail mail      newsletter, your seminar or event invitation schedule, your promotional      invitation schedule, copies of any and all press you receive, etc., basically      any and every chance to stay in touch. Also, don’t forget to invite them      to any fund raiser / charity events you sponsor, golf outings, trade      show’s they may enjoy, etc.</li>
<li class="MsoNormal">Lastly,      consider developing a small &amp; affordable, value driven,      maintenance/update program. This could be a yearly Will review, or a      bi-annual financial planning review, anything you can turn into a retainer      and/or recurring revenue that <strong>keeps you top of mind and creates ongoing      value for your existing client base.</strong></li>
</ol>
<p class="MsoNormal">The above are just a handful of ideas. Fact of the matter is, it’s no secret that expanding the lifetime value of an existing client, and farming regular high value referrals is not only a huge boon to your bottom line, but much more cost effective and productive that constantly chasing after new clients through traditional advertising means.</p>
<p class="MsoNormal">For another effective habit on getting referrals watch this video:</p>
<p class="MsoNormal"><strong>Referral Marketing &#8211; Planting Seeds</strong> by<strong> Bill Cates</strong></p>
<p><object width="425" height="344" data="http://www.youtube.com/v/7VUiqBfsLEI&amp;hl=en&amp;fs=1" type="application/x-shockwave-flash"><param name="allowFullScreen" value="true" /><param name="src" value="http://www.youtube.com/v/7VUiqBfsLEI&amp;hl=en&amp;fs=1" /><param name="allowfullscreen" value="true" /></object></p>
<h1><span style="font-family: Mistral; color: #000000;">Mark V Bullock</span></h1>
<p>Partner/PMA<br />
<a href="http://www.PracticeMarketingAdvisors.com">Practice Marketing Advisors</a><br />
<a href="http://www.PracticingProfessionalsBLOG.com">PracticingProfessionalsBLOG</a></p>
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		<title>Invite people to attend the tradeshow where you’re exhibiting</title>
		<link>http://markbullock.com/invite-people-to-attend-the-tradeshow-where-you%e2%80%99re-exhibiting/</link>
		<comments>http://markbullock.com/invite-people-to-attend-the-tradeshow-where-you%e2%80%99re-exhibiting/#comments</comments>
		<pubDate>Sat, 06 Sep 2008 00:03:29 +0000</pubDate>
		<dc:creator>Mark V Bullock</dc:creator>
				<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Trade Shows]]></category>
		<category><![CDATA[exhibiting]]></category>

		<guid isPermaLink="false">http://mbullock.com/?p=30</guid>
		<description><![CDATA[Ok, so you decided to bite the bullet and shell out the investment for a trade show exhibit. You got yourself a nice backdrop, table display, handouts, etc. You showed up on time, and “manned” the booth from opening to closing waiting for people to walk up to you. Now I’ll bet you’re very disappointed [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://markbullock.com/wp-content/uploads/2008/09/exhibit.jpg"><img class="alignright size-thumbnail wp-image-31" title="trade show exhibit" src="http://markbullock.com/wp-content/uploads/2008/09/exhibit-150x150.jpg" alt="Trade show exhibit" width="120" height="120" /></a>Ok, so you decided to bite the bullet and shell out the investment for a trade show exhibit. You got yourself a nice backdrop, table display, handouts, etc. You showed up on time, and “manned” the booth from opening to closing waiting for people to walk up to you. Now I’ll bet you’re very disappointed with the results. What did you miss?</p>
<p><span id="more-30"></span></p>
<p>You’re not alone, and indeed there are more than a handful of reasons you got far less response than you were hoping for. One of the biggest is – you didn’t bother to tell anyone you were going to be there! Why? Because you assumed your reason to exhibit was only to get new prospects – and – that it’s the show’s organizer’s responsibility to provide you throngs of fresh walk-up prospects.</p>
<p>Trade shows usually require a large investment of your time &amp; resources to exhibit, but only a very small portion of the exhibitors do everything possible to leverage that investment.</p>
<p>The first leverage point; In advance of the show &#8211; invite everyone, everyone in your contact database, everyone in your customer database, everyone in your prospect database – in short everyone you know, &amp; let them know you’re going to be there! Not only that, but provide them dates &amp; times, where you will be located on the floor, and MOST IMPORTANTLY – <strong>WHY they should come to see you at the show!</strong> And equally importantly – <strong>WHY they should bring a friend!</strong></p>
<p>Exhibiting can be your big chance to present yourself in person, to provide a temporary “store front” if you don’t have one, and to create “buzz” around you and your brand. Exhibiting helps you forge new relationships, reinforce existing relationships, and provide a high impact platform to grow you business and your brand IF well planned and leveraged. Inviting anyone, and everyone you can think of (in a compelling way of course), is just one of your key leverage points.</p>
<p><a href="http://www.pma-blog.com/advisors/mark"></a></p>
<p>Mark V Bullock, Partner/PMA<br />
<a class="alignleft" title="PracticeMarketingAdvisors.com" href="http://PracticeMarketingAdvisors.com/" target="_blank">Practice Marketing Advisors</a></p>
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