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Strengthening your credibility and influence as a marketer. Peter Scott Consulting. As a marketer -. How can I best ‘add value’ to my clients (the firm’s fee earners)?. As a partner -. What do I need to do to ensure I get ‘added value’ from the firm’s marketers?.
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Strengthening your credibility and influence as a marketer Peter Scott Consulting PETER SCOTT CONSULTING
As a marketer - How can I best ‘add value’ to my clients (the firm’s fee earners)? PETER SCOTT CONSULTING
As a partner - What do I need to do to ensure I get ‘added value’ from the firm’s marketers? PETER SCOTT CONSULTING
Helping partners to win competitive tenders • Dealing with the RFP • Deciding whether we should ‘pitch’ • What are our chances? • Can we afford to win this ‘pitch’? • Can we perform? • Is there support within the firm? PETER SCOTT CONSULTING
Picking the right team – marketing’s input? • Match the team to the client • Profiles can be important to clients • Less is more • Balance the team • Make sure the team will be the client service team PETER SCOTT CONSULTING
Preparing for the pitch • Content – how will we convince them we will ‘add value’? • Coaching – internal / external? PETER SCOTT CONSULTING
When you are at the pitch - • Take ‘control’ of the meeting and keep the initiative • Stay ‘on point’ • You will have 20 minutes to demonstrate how you will add value • Be discrete PETER SCOTT CONSULTING
You will add value if - • You provide clients with what they want – and more • At prices they perceive to be value for money; and • You do this better than the competition PETER SCOTT CONSULTING
How to make a difference as a marketer? • Make sure you have buy-in at the top • Who do you report to? • Will you be given the resource to build the team? • Remember – the partners are your clients and client service is everything PETER SCOTT CONSULTING
Prising partners’ fingers off prize clients • Forget restrictive covenants and garden leave! • How to ‘lock-in’ your best clients? • How to manage your risks? PETER SCOTT CONSULTING
‘Institutionalise’ your clients • Put in place a dedicated CRM programme • Develop dedicated client care partners • Build a culture of sharing – - reward cross-selling PETER SCOTT CONSULTING
A U.S. firm example The most important single factor in its evaluation of partner performance is: ‘Which partner/partners passed you most work last year?’ PETER SCOTT CONSULTING
Strength in numbers • The marketing team is only one element to a successful client winning law firm • Need to integrate fully with – - Finance - HR - IT - Facilities PETER SCOTT CONSULTING
The TEAM is important Together Each Achieves More PETER SCOTT CONSULTING
Any questions? PETER SCOTT CONSULTING