Your logo is a key part of your brand positioning, especially if you’re in professional services with a long sales cycle and complex services. In this video, Wendy Nemitz Founder of Ingenuity Marketing Group details the three reasons to update your logo.
By Christine Nelson
Customers don’t buy with logic alone. They will first test their interest in your product or service with feelings. Do they “like” you, have a sense of safety and view you as an ally?
When their emotional vibes are satisfied, customers will then move on to phase two: logical decision-making. If you set off their negative emotional alarm bells for any reason, they won’t move to phase two, and you’ve lost the sale.
To appeal to the emotional side of any buyer, try these positive strategies to tip the scales in your favor.
Say it with color. You can get many different reactions from the same color.
“I don’t like blue.”
“I LOVE blue! Use more blue!”
“Blue is so boring. Can you jazz it up a bit?”
“That blue is so exciting!”
When you’re developing or refreshing your brand, use color the way your customers may already perceive it. You can also pair up colors for a broader emotional response. If you pair blue with a bright green or orange, you develop a more contemporary palette of energy, excitement and youthfulness. Join blue with brown or gray to create feelings of calmness, power and reliability. Design several different combinations to test reactions with focus groups and key decision makers.
A picture tells a better story. Imagine two print ads. In one ad, a group photo shows smiling accountants standing outside of their building. In another ad, an accountant is wearing fishing gear. Which ad is more memorable?
Companies miss an opportunity when they go with the same tired visuals because people process visual information up to seven times faster than words. Design creates a layer of story. Great design combined with the professional style and presence of your people is a winning combination.
Design includes your fonts, colors, logo glyph, photos, paper and the other visual elements on your business cards, sales kits, video and website. It should be welcoming, easy to navigate and help customers find you and want to interact with you.
Most people also know good style when they see it. Shoes, fabrics and impeccable grooming create a distinct first impression. But it’s also the body posture, facial expression and tone of voice that attracts notice.
Perception is reality. Good design and superb style quietly build trust without saying a word.
Words still count. Take a cue from the emoji culture. Use fewer words. Increase meaning. When you hear fat words like “quality,” “service,” “trust” and “unique,” it’s like the trombone sound in a Peanuts movie.
Take more time to explain the experience of your company. Is it like violins, or like a chain saw? After choosing your company, do people feel taller? Richer? Do they want to adopt a dog? Run a marathon?
Companies that succeed know how to create messages that engage emotion with logic. Invest in quality writing for your brand messages, your website and your publicity. Invest in people who win awards for the right words.
Show customers you ‘get’ them. We want to hang out with people who are like us. Tribes of people tend to dress alike, have similar vocal inflections and share the same interests. When you find the right demographic or type of customer, think about how to attract more of them.
Develop descriptions of your ideal customer. Age ranges, gender, culture, professional titles, salaries, locations … add as many details as you can to paint a full picture of your customer. You will understand how to market and sell by knowing how customers think and where they gather information to make buying decisions.
When potential buyers feel like you cater just to them, they will buy. They may even spend a little more or be willing to wait longer. Don’t underestimate the power of emotion in your branding. Emotional appeal is the true reason people choose your product or service over that of a competitor.
Christine Nelson is a lead communications consultant for Ingenuity, a brand strategy firm that focuses on marketing, websites, sales messaging, social media and public relations to boost your competitive edge. Contact her at Christine@ingenuitymarketing.com or (651) 690-3358, www.ingenuitymarketing.com.
Credit: Leading Edge Magazine
Accounting firms and engineering firms often call us when they see a competitor suddenly showing up in their market space and winning bids seemingly “out of the blue.”
A closer look at the competition reveals that those firms have set up a strategy to target a certain buyer, market or industry and are now reaping the rewards of months of focused effort. They didn’t just show up. They’ve been there for a while.
Rainmakers know that business is built on relationships. They are always looking for the win-win with prospects and clients. They set goals, but they are also masters at conversation and the psychology of their buyers.
Your brand is done. Your website is done. Your pipeline is still slow.
What do you do now?
Over the last 10 years, one of the primary challenges we’ve seen among firms that develop a new brand is this: they lose momentum.
Chances are, you’re thinking about attracting new business. We’re not mind readers. We’re just thinking about this, too. Where will the next lead come from? Which leads fit our business? How do we cross-sell more services to the clients we already know and love?
The following six questions can help you start the conversation — or improve it — around RFP qualification to support an intentional growth strategy. Choose clients who really deserve to work with you.
“Is this our best client?”
Consider the relationship you have with clients who make you happy to do great work. Compare that relationship with what is promised by this new opportunity. Request a meeting to discuss the RFP. You can do this over the phone if you know the prospect, but if you don’t, try to set up a face-to-face meeting. This will show that you care about client relationships and are serious about their project.
Some prospective clients won’t provide information beyond the RFP while others will share your questions and their answers with all the competing firms. Research the RFP by asking the prospective client about their pains and how the project will solve them. It helps to have sales questions designed around your firm’s key competitive differentiators in order to highlight why your firm is the best choice. It also helps to have a clear idea of who your best clients really are in terms of industry, decision-making power, expectations, budget and opportunity for additional business.
“What is the project?”
The details of the project may or may not be well covered in the RFP. This is another reason to call the prospective client. The project may or may not fit naturally with your existing portfolio. If it’s outside of your sweet spot, find out how important “relevant experience” is to the client. In the case of something new or unique to your firm, ask yourself if a project is in a market you’ve been trying to crack. Don’t waste time pursuing the project if your business potential in this new market is low.
“What is their budget?”
You know your value. If the budget of the client doesn’t fit your pricing, don’t cheat yourself unless you truly believe there is some promise of more work. Talk to prospects about where they see the project taking your relationship.
“When do they want the proposal?”
Be realistic when considering deadlines. Look at your existing projects and ask if you have time to develop a thoughtful response. Don’t provide the client with a proposal that is full of canned answers. It will just put your response in the “no” pile. Ideally, you need enough time to deliver the first proposal they see. Never show up last to the proposal party.
“Do we really fit the qualifications?”
Make sure your firm fits the criteria of the client. If these preferences are hinted at, but not completely stated, create a strong argument for why you are the firm for the project by highlighting what you bring to the table. If there is a way to find out who else is responding, this can also help you differentiate your strengths from the competition. The best way to find out is to ask.
“How can we improve our chance of winning?”
Showcase your key differentiators in addition to the qualifications requested in the proposal— particularly in the cover letter. Think about what you’re going to include and make sure it’s not something everyone else will say (i.e. under budget, professional, on time); you are explaining what makes you the firm of their dreams. These points need to be as unique as your firm.
Don’t underestimate the value of a well-crafted, professionally formatted proposal. Photos, stories, examples, numbers and case studies make your value real to them. Visual representations of your information (when allowed) such as org charts, workflow diagrams and formatted budgets also can set you apart professionally. Attention to detail should shine through in a well-branded RFP response.
Plus: Consider the cost of losing.
The average cost of one proposal in your world is likely unknown. Few firms calculate their average spend on the proposal process; they figure they’ll more than make it up in new business. These costs add up, especially if your win rate is average at best. Costs could include:
• Staff Labor – This includes every person who touches the proposal. Add billable rates, not just salary
• Material Costs – Physical materials, printing, computer use, photography?
• Travel Costs – Did anyone meet with the client beforehand in a mandatory or voluntary effort? Did you use a courier to deliver the proposal? Did you make a presentation?
Once you’ve completed the RFP response, calculate the costs of all of the above. Do this for each proposal your firm submits. I’m guessing it’s more than you thought it would be. You could invest that time and money into a project you don’t have a chance of winning, or you could invest it in productive business development meetings, cross-selling and lead generation.
Burning questions about your budget for growth? Call us at 651.690.3358.