How Not to Market Your Business

Last week, I got a cringe-worthy marketing email from a stranger, who wrote:

Hi
I hope you are having a great week.
First of all, I was just checking in to see if you have any upcoming projects that I can quote for you? Please call, or email me, with the specs of your project and I will get the quote back to you.

I’m not sure how this email dodged my spam folder, but my immediate thoughts were–Who is this person? And what projects is he talking about?

I was tempted to request a quote to retool the docking bay at the international space station, but resisted the urge. This marketer was probably doing what he thought was right, even though he’s wasting his time (and mine) and his employer’s money.

Of course, it’s not a secret that you’re selling something. And prospective clients expect to eventually hear some sort of sales pitch from you. They’ll put up with sales letters–and maybe buy from you–if you’ve got a track record of keeping the pander-to-value ratio of your emails low.

You won’t find a formula for how much value you need to deliver to those on your email list before you can make an offer. Besides, everyone’s business and tolerance level are a bit different, so rules of thumb don’t apply.

You know your clients and target markets as well as anyone, so imagine that you’re a prospective client. What do you want to learn about? What information would you value? How long would it take for someone to establish enough credibility that you’d be receptive to an offer?

I don’t know any consultants who’d send an email as lame as the example above. Still, it is instructive: Be patient, target your audience, offer value before selling, and don’t waste your resources blasting out emails to people who don’t know you and haven’t asked to hear from you.

In the News: Quick Takes

Here’s a roundup of news items, trends, and market data that I’ve come across recently.

Technology can overwhelm your ability to be productive. In an article in the News York Times, productivity guru David Allen offers options to overcome those challenges. You can also read my interview with David Allen.

Here’s a fascinating infographic on why small businesses fail. The leading cause of failure? Lack of experience.

In case you needed to know, you can now view, on a daily basis, an assessment of US residents’ health and well-being. The Gallup-Healthways Well-Being Index offers real-time measurement and insights needed to improve health, increase productivity, and lower healthcare costs.

This infographic shows five things that waste your time at work and the cost of those time-wasters. The biggest time-sapper is trying to contact customers/clients and colleagues.

Using email for work is so 1995, according to some who’d like to eradicate email from the workplace. If you feel the need to tame your email box, here are five tips to help you.

40-question quiz: Do you have a narcissistic personality? Thanks to Bob Sutton for this link.

Speaking of tests, here are five classic tests of creativity. Try one (or more) and see how you do.

Everyone slams PowerPoint. So, what’s the right way to use it? Nick Morgan, of Public Words, has an idea.

Your project planning process may be the reason you’re stressed out.

 

 

 

Dan Calista: Growing a Consulting Firm from Scratch

dan calista

Dan Calista

“After years and years of working in a large management consulting firm, I felt there had to be a better way.”

If you’ve ever thought of launching your own consulting firm or wondered how it’s done, then have a listen to this podcast with Dan Calista, founder of Vynamic, a health care industry management consulting firm. Dan started the practice with a lap top in his living room in 2002.

Today, Vynamic is a practice of more than 60 people who serve health care industry clients and continue to build an extraordinary place to pursue their careers.

In this podcast, Dan talks about the defining moment that led him to launch Vynamic, what he learned as he grew the business, and what he’d do differently if he was starting over again.

We also talk about Dan’s definition of a great consultant and the shifts he’s seeing in the market for consulting services.

Podcast run time: 21:03
Intro music exluna by Jakub Koter

Mark Birzell: How to Become a Great Consultant

Mark Birzell Loft9 Consulting

Mark Birzell

“We look for people who are smart, who are humble, and who are nice.”

In this podcast, I talk with Mark Birzell, co-founder of consulting firm, Loft9, which was named one of Consulting magazine’s Seven Small Jewels of 2012. Since the launch of Loft9 in 2010, the firm has grown its client base, revenue, and its group of consultants. One of the firm’s keys to success: hire extraordinary people and be proactive in the growth and development their careers.

I talked to Mark about what personal attributes he believes makes for a great consultant, how his firm is approaching the market, and how he thinks about getting the right price for his firm’s services.

Podcast run time: 17:46
Intro music exluna by Jakub Koter