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FREE Monthly Business Building E-Newsletter

OCTOBER 2004 ********************************************

IN THIS ISSUE

Welcome

Article: Create a Marketing Train

News and Announcements

Contact Information


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WELCOME

Hi everyone,

I’m back from my mini speaking circuit – three presentations in three weeks. It was great fun and I loved meeting so many of you in person!

One of the things I emphasized in my presentations was that in order to build and maintain a thriving business, it is critical that you create and execute a
marketing system, a “marketing train” if you will.

As a professional building your practice, you will always need to engage in marketing. However, your marketing becomes much easier and more
effective when you have a system, as compared to haphazardly doing a wide variety of unrelated marketing activities.

This is KEY for your ongoing growth and success. Enjoy this month’s article, then choose and focus on the “engine” activities of your marketing train!

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CREATE A MARKETING TRAIN

In order to create a rewarding, profitable and successful business you MUST have an effective long-term marketing system in place. Say goodbye to random, what you feel like doing today marketing. And say hello to a well- planned, tested and executed system, designed specifically to funnel prospective clients into Complimentary Consultations.

I like to call it building a Marketing Train.

And just like a regular train, there are three main components of the Marketing Train: the engine, the cars and the caboose. Go ahead, draw a train right now. A "picture speaks a thousand words." Don't let the simplicity here fool you. This is a powerful metaphor!

So have you drawn your train? Great!

Let's talk about the different parts of the Marketing Train...

1. THE ENGINE

Would you agree that the engine is the most essential and powerful component of a train? Well, the same is true in the Marketing Train.

"Engine" marketing activities are the ACTIVE marketing strategies that drive your business forward. Examples of "Engine Activities" are speaking or conducting workshops, forming strategic alliances, networking, writing articles, doing a radio interview, sending out a grassroots marketing letter, etc.

In general, active marketing activities are things that enable people to experience you. These are the marketing activities that "work."

I strongly recommend that you pick 1-3 ACTIVE Engine Activities and focus on doing those over and over again. Consistency and repetition are key! Many professionals try to do too many things and never go "deep" enough for any of them to be really effective.

In addition, if you don't yet have all the clients you want, I recommend you spend 60-90% of your marketing time on the 1-3 Engine Activities you choose. The number of new clients you get, for the most part, is directly related to how much you focus on your Engine Activities. Just like the speed of a train is determined by the power of the engine!

Think about your current marketing activities and pick 1-3 active marketing strategies to focus on. Do them consistently, do them well and allow them to "drive and pull" your business forward!

2. THE CARS

The cars on your train represent passive marketing strategies. Would a bunch of cars on a train track go anywhere without an engine? Of course not! The same is true with passive marketing strategies. They are important, but do little on their own. The challenge for so many of us is that we often really like these!

We sometimes spend more time working on passive marketing than the crucial active strategies. That is because they are typically "safer" and don't require that we go out, be bold and take real action! Passive marketing are things like designing a logo, building a website, creating brochures, creating clever business cards, using an email signature. These things in and of themselves don't bring you business. It is what you do with them (the active stuff!) that makes the passive work!

Even a highly interactive website requires getting people to the site, right? The website is passive and what you do to get them to visit (by sending a letter to your database for example) is active. Passive is important, but NOT at the risk of not being active!

3. THE CABOOSE

At the end of a train you find a caboose. So on the Marketing Train your caboose activities are the things you do so people don't "fall off" your train.

Often called "keep in touch" strategies, caboose activities are things like having an ezine, sending quarterly newsletters or using a contact management system like ACT to make phone calls.

Having an electronic newsletter can be one of the best caboose strategies, especially when combined with other follow-up as needed.

Your goal should be to funnel as many people as possible to your newsletter list. This is very important. Quite simply, the person with the biggest database wins! The more people you have on your newsletter list, the bigger your practice will be.

Why? Because you want to serve people. Every month you have an opportunity to teach, enlighten, reach, and give value through your free newsletter. The more you give, the more you will receive. Many times, people need to hear from you 5-10 times before they buy. Having a newsletter gives you the opportunity to communicate in a non-threatening, giving, way. And as long as you follow the 80/20 rule (if 80% of the newsletter provides value, the other 20% can promote your business) you'll do great!

So, start building your database! Shoot for 80% of the people you reach actively and passively to register for your newsletter. If they do not become a client right away, there is a good likelihood they may later, especially if you have served them for a while with your newsletter!

Building YOUR Marketing Train.
I love the concept of the Marketing Train and hope that this simple, yet powerful metaphor, will help you build a long-term marketing system. Remember, if your Marketing Train is moving forward (ie: you are focusing on ACTIVE marketing strategies) you will get clients. Want more clients? Spend more time focusing on your Engine Activities. Do them again and again. Get better at them! The speed of your Marketing Train determines the number of new clients you attract. Then it becomes a simple numbers game. Want more clients? Speed up your Marketing Train!

Thanks for reading and keep on chugging!

 

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NEWS AND ANNOUNCEMENTS

The Winner!!
Due to time constraints we didn’t get to conduct the drawing at the Oregon State Bar Association Career Fair. I took the liberty of conducting the
drawing later that evening. And, the winner was: Betsy Gregory!!! Betsy won a copy of my Making Rain Out of Mist practice building workbook. Congratulations, Betsy!

Group Coaching Opportunity.
During my recent travels I talked to many lawyers who said they could use some help either getting their practice off the ground or taking it to the next level. Several of you became my clients, others indicated interest but were unsure they could make the monetary commitment necessary to hire a professional coach to work with them one-on-one.

If this sounds like you, I have an exciting offer to extend. I am creating a coaching group for those attorneys interested in growing their practice. Group coaching is a great alternative to individual coaching. In
addition to being coached by a coach who specializes in business development and marketing, participants act as a sounding board for each other as they discuss business development ideas and efforts, and a supportive community helps participants grow and step out of their comfort zone.

The group will meet telephonically on a bridge conference line for 60 minutes, once per week for 8 weeks. Cost is only $149 per person per month and includes a copy of the Making Rain Out of Mist core workbook.

If this sounds like an opportunity you’d like to take advantage of, or if you wish to find out more, please email me at Barbara@Rainmaker-Strategies.com or call me at 858.566.5585.

Making Rain Out Of Mist Program.
For those of you who want to purchase the core workbook of my Making Rain Out of Mist program, I am still offering the book at the discounted price of $29. Also, you will soon be able to purchase the workbook from my website. In the meantime, please email me at Barbara@Rainmaker-Strategies.com or call me at 858.566.5585.

For those who missed my last newsletter, I am proud to announce the unveiling of Making Rain Out of Mist – the business development system that is based on a tried and true program that has helped literally
hundreds of individuals in other industries dramatically increase their business. I have customized the program for the legal industry
and I truly believe that this system may make the difference between having a mediocre practice and a thriving practice! As indicated above, the core, 120-page workbook is now available for $29. Look for additional
written modules and audio recordings to be released in 2005.

Booklet Details.
To purchase your copy of my booklet, Business Development: 97 Quick & Easy Tips For Lawyers, go to my web site at www.rainmaker-strategies.com or send me an email at Barbara@Rainmaker-Strategies.com
and I’ll be happy to process your order. Cost is $5.00 for a single copy (plus tax where applicable and shipping).


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CONTACT INFORMATION

Barbara Nichols Mencer
Rainmaker Strategies
Barbara@Rainmaker-Strategies.com
www.rainmaker-strategies.com

If you’ve enjoyed this article and learned a valuable
business-building tip, please feel free to forward
this newsletter to your friends and colleagues.

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Copyright 2003, All Rights Reserved. Reproduction
in whole or in part without permission is prohibited.


 
 

Rainmaker Strategies - (858) 566-5585 - Barbara@Rainmaker-Strategies.com