The Competitive Advantage

April 26, 2022

Building Awareness: It’s Not Who You Know, It’s Who Knows You!

Building awareness. It’s the beginning of the marketing process. The fact is, buyers can’t buy from you if they don’t know you exist or don’t think of you when it’s time to buy.

And yet – despite being a fundamental precept in the growth of any business – building awareness continues to be a common stumbling block for many firms in our industry.

April 12, 2022

Think-Plan-Do #2: 3 More Smart Ideas For Your Marketing & Sales

This is the second in our new once-a-month Think-Plan-Do blog series where I’ll share three low-cost/no cost ideas to help with your sales and marketing efforts. [You can read the first one here.] This month, our three topics are:

Think: You have two kinds of clients

Plan: The sales pipeline report

Do: Tips for your capabilities presentation

April 5, 2022

Consistency and Frequency. Without Them, Your Marketing Will Fail!

I was having a conversation yesterday with the cofounder of a firm in our industry. It was the first time we’d met. We were talking about marketing execution, and he said something really interesting… “We haven’t done any marketing because I was afraid that once we started, we wouldn’t be able to stop!”

To which I responded, “You are 100% correct!”

March 15, 2022

Think-Plan-Do: 3 Smart Ideas for Your Marketing & Sales

This blog marks the start of a new series of articles – one every month where I’ll share three low-cost/no cost ideas to help with your sales and marketing efforts. Each article in the series will follow the same format: Think-Plan-Do.

‘Think’ will provide ideas about strategy. ‘Plan’ will cover topics around planning and management. And ‘Do’ will offer very tactical suggestions. I hope you find the series helpful.

February 22, 2022

Take Charge of Your Firm’s Growth

When I chat with the owners of market research firms across the U.S. about the growth of their businesses, three primary strategies rise to the top:

1. Referrals
2. Key contact relocation (they leave and take you with them to their new employer)
3. Repeat clients

And if these are among the top drivers of the growth of your business, too, you need to be concerned. Why? Because in every one of these very common scenarios, you are relying on someone else to make your firm successful. Is that really what you want?

January 25, 2022

Commission Plans Are Not a Reward for Sales

To be fair, that statement is not 100% accurate. Of course, commission plans are a reward for your salespeople/seller-doers. But that is not WHY you should build them into compensation packages.

Spoiler alert: You implement commission plans to drive the desired behavior you want your seller-doers to exhibit. So yes, it’s a reward for them, but more importantly, it’s a strategic tool for management.

December 14, 2021

I Stopped Blogging for a Month… And Here’s What Happened

At our firm, we are all big believers in content marketing – for our clients and for ourselves – because of all the great things it can do for a business:

November 9, 2021

Repetition Builds Reputation

Why do the big advertisers run their ads on TV over and over? And over? Simple… repetition works. Sharing your marketing message frequently – over a period of time – builds top-of-mind awareness.

Further, building awareness is an ‘additive’ process… each exposure of your message building on the one before as you slowly climb to that top-of-mind position.