|
"Education-Based Marketing: How to Make Business Come to You"

By David Frey
There
is a misconception in service businesses that your marketing's most
important function is to promote what you do, or in other words, your
services. But the fact is, the most important function of your
marketing should be to establish that you are knowledgeable, capable
and can be trusted.
Most
people don't do business with people they don't trust, especially when it
comes to buying services. When they buy your services they are, in fact,
buying the talents, skills, and personalities of YOU or your team of
professionals.
Even if you have the
lowest prices, if your prospect doesn’t trust you, it will be difficult to
close the sale. This is the basis for Education-Based Marketing.
Education-Based Marketing is a powerful marketing strategy that establishes
trust and credibility using educational messages. It is the direct opposite
of traditional marketing, which uses selling-based messages.
People are tired of hearing worn-out, old sales pitches. Barriers shoot up
the moment you begin delivering a sales pitch. In contrast, people sit up
and listen when you share important facts and expert information that help
them make a good buying decision.
Determining Your Educational Message
Imagine stepping
into the mind of your prospect and listening to their mental conversation at
the very moment they decide to begin shopping for your services. What
questions are they asking themselves? The secret to attracting qualified
prospects early in the sales cycle is to find out the answers to those
questions and use them as the basis for your educational marketing message.
For
instance, suppose you are a marketing consultant. Perhaps your
prospects are asking themselves, "How can I market my business at the least
cost?" or "Why are my marketing efforts not succeeding?"
Now
that you know what your prospect's questions are, now you can craft a
marketing message that answers those questions. In the process of
answering those questions you'll be building a relationship of trust with
your prospect.
How To
Package Your Educational Marketing Message to Generate Qualified Prospects
Once you have
developed your educational message you need to package it and offer it for
free in exchange for your prospect’s contact information. This is critical.
Effective marketing is not just a matter of getting the word out but more
importantly, getting a response back.
You can package
your educational message in a format your prospect will respond to such as a
written special report, an audiocassette, a video tape, an email course, a
CD-ROM, a seminar, or even a toll-free phone message.
How To
Deliver Your Educational Marketing Message
Now that you have
developed and packaged your education message, you should develop strategies
and processes to give it away. To do this you must first identify all the
“customer touch points” in your business and offer your educational message
at each one of those touch points. Common customer touch points are your
business phone, website, advertising, publicity, networking conversations,
public speaking events, etc.
For instance,
instead of ending your business phone conversations like this,
“Well
John, thanks so much for calling and if you ever need my services just let
me know.”
End your phone conversation with an offer like this, “Well John,
thanks so much for calling. By the way, I’ve just developed a great special
report that talks about the top 10 common mistakes that people make when
doing their taxes. If you’ll give me your address I’ll send it to you free of
charge. Would that be okay?”
You’ve just
accomplished three very important things with this telephone strategy, (1)
you’ve generated goodwill by offering a valuable free gift, (2) you got your
prospect’s contact information so that you can continue to market to him,
and (3) you now have a reason for a follow up phone call after he receives
and has read the special report.
Resist
the Urge to Give a Sales Pitch
It’s easy to set
your services business apart using Education-Based Marketing because
most of your competitors are using selling-based marketing. The beauty of
Education-Based Marketing is that you give prospective clients what they
want, information and advice — and remove what they don't want, a sales
pitch.
By
offering helpful advice, you establish yourself as an authority because
prospects see you as a reliable source of information. Be careful not to
give in to the urge to include a sales pitch with your educational message.
This will only erode the trust you have established and make you the same as
your competitors in the eyes of your prospect.
Instead, after you have provided some helpful information you should warmly
invite your prospects to call you, visit your website, come to your office,
or take advantage of your free offer for a coaching session or consultation.
Conclusion
Education-Based
Marketing captures prospects earlier in the decision process
and establishes a relationship of trust, resulting in dramatically higher
sales and closing ratios. Those service businesses that seek to develop a
relationship of trust by delivering a non-threatening educational message
will position themselves as their prospect’s first choice from which to buy
your product or service.
Click here If you want to learn the specifics of how
to implement a comprehensive Education-Based Marketing program in your
coaching or consulting business.
_________________________________________________________
© Copyright 2003 David
Frey, Marketing Best Practices Inc.
|