Effective Injury Practice
Advertising Strategy
great advertising doesn't have to cost a fortune
Advertising is the nuclear fuel of the business world. Like uranium as an energy
source, advertising can be an inexpensive and efficient means of powering profitable
growth; or used incorrectly, it can melt-down, burning cash with it at a
startling pace. Or even worse, it can blow up in your face, taking not
only cash but your firm's image and reputation with it.
Developing the skills that allow you to harness the power of advertising is
one of the most important things any small firm owner can do. Early in
my career I developed an ad that appeared for three months in a prestigious
legal journal touting my services. It was a full-page, four color, professionally
done ad that I was convinced
would deliver an immediate torrent of new business inquiries and ultimately big
sales. Why did I think that? Because it was expensive ($2000 per
ad), it was full color, it was full page (you couldn't possibly miss it), and it
talked about all the things my firm could do for the prospect; surely the reader
would find something he needed in the detailed bullet points of services. I thought
the sheer size and boldness of the ad would get everyone to read it. And
when they saw all things we could do - well the phone would start ringing.
You've probably already figured out that the ad wasn't effective. But
how ineffective was truly awe inspiring. My company received two -
yes, two - phone calls from the ad. And, zero sales!
It's hard to describe my emotions during and after that time, but befuddled,
depressed and embarrassed would certainly be in the ballpark. I had
invested six months of my advertising budget into a three month campaign and
gotten zero dollars back. It's a sure sign your advertising is bad is when
it doesn't produce more dollars than you invest, but when you invest $6000 and
get back $0, that's a colossal failure.
But I persevered, I read a few books, talked to some experts, attended a
seminar, and gradually my ads got better. I began to understand
what good advertising was, and more importantly, what a good advertising
strategy was. So, let me help you avoid some of my painful learning
experiences and pass along a few tips and secrets that can make a big difference
in your advertising success. These are not just from my own experiences;
they're also strategies and tactics that big-time advertising gurus and
super-successful companies have proven effective over time.
So here goes:
Smaller ads deployed over a longer span of time will be more effective
than the reverse. Example: above, I would have been better off
doing a year's worth of 1/4 page ads in black and white than the big, color
ad for just three months.
The ads must come from as many different directions as possible. Example: from newspapers, direct mail, door hangers, hand delivered flyers,
radio, cable TV, networking, publicity, email, business cards, newsletters,
magazines, web site, direct sales, phone messages, telemarketing etc. Not every business can use all of these avenues, but you should find a way to
use at least six. The more the better. For advertising, the whole is greater than
the sum of the parts.
Make sure you're advertising in the right places, targeting the right
people for your practice area. Example: running a workers comp ad in a
magazine that caters to corporate executives will dramatically reduce potential response.
Your message should be clear and easy to understand, not a laundry list
of products or services. Example: rather than trying to mention or
list all the things you do, pick just one or one overall benefit and
build the piece around that. It will have a greater impact.
The message should convey a strong, obvious benefit. See my
previous article on Create
a Marketing Message That Brings In Clients.
The ad must be persuasive. That is, it should convince the reader
that they can believe you can be trusted to deliver on your promised
benefit. Again see Create a
Marketing Message That Brings In Clients.
You must use a visual technique to draw the reader into the ad and its
copy. Example: ads that feature a person's face expressing a
strong emotion are an old standby in the ad biz. They work every
single time.
Budget at least 8 to 12% of annual revenues to marketing efforts. Are you spending enough? Most small
firms don't.
These concepts represent a framework you'll need to master in order to
implement an ad strategy that really works. There's a wealth of additional
information out there that can make real, incremental improvements in your
advertising results. Read up, ask an expert or attend a seminar.
Conclusion
Educating yourself on the principles and tactics of successful
advertising strategy is an absolute necessity if you run your own practice.
Don't be lulled into thinking you already know enough. Human beings are very
forgetful creatures; you've probably forgotten half that you knew. (And you
probably didn't know enough to begin with.) And, don't believe that hard work
and long hours will make up for what you don't know; you can't saw down a
Sequoia with a butter knife no matter how hard you try. You've heard it before -- knowledge is power. Get educated
and increase
your
power!

Shawn Davis
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