MARKETING & BUSINESS DEVELOPMENT FOR LAWYERS Royal Faculty of Procurators in Glasgow Wednesday 1 st May 2013
MARKETING STRATEGIES thought leadership marketing communications and value added client activities social media and blogs PR / article writing networking and relationship building business development targeting and CRM
BRAND Not just a logo Brand = the embodiment of the promise that a product, service or company will deliver or be experienced by the client Identity Service What your clients say it is Feeling Expectation
A STRONG BRAND A strong brand ensures: Client retention AND Client acquisition
DIFFERENTIATE FROM SIMILAR OFFERINGS
LEADING LAW FIRM BRANDS
MARKETING TOOLKIT STRATEGIC MARKETING PLAN External communications Online presencePR Thought leadership Conferences Seminars & workshops
THOUGHT LEADERSHIP A thought leader is a person / firm who is recognised and profits from a recognition of authority Entry point into a relationship - intrigue / inspire / challenge Content strategy
HOW TO CREATE THOUGHT LEADERSHIP 1.Address a specific audience 2.Identify questions 3.Answer those questions 4.Make it interesting 5.Invite participation 6.Market thought leadership like a product – seminars, workshops, lunch discussions, written briefings, reports
MARKETING COMMUNICATIONS & ACTIVITIES Ebulletins and briefings Speaker opportunities Seminars and conferences Tailored workshops Lunch forums
SOCIAL MEDIA The world is small Engagement with stakeholders Generational impact
HOW TO MAKE IT WORK Use it to build relationships Teach, don’t sell Distribute valuable content Listen to clients Create a personality
SOCIAL MEDIA IN 60 SECONDS
LINKEDIN TIPS Make connections Create a solid profile Acknowledge every new connection Update your status and share information Join relevant groups Engage in discussions Monitor who is viewing your profile Keep it going!
PR PR is key to enhancing a firm’s reputation Reach out to new clients Opportunity to provide targeted messages It is free and more credible than paid for advertising Newspapers / trade publications / radio & tv / social media
NETWORKING It’s good to talk Elevator pitch Do your homework
PIPELINE Base 1Base 2Base 3
IS MARKETING NECESSARY? Increased competition Skepticism in the legal sector Need to differentiate yourself as specialists What can you offer your clients & how can you demonstrate this?
CONTACT DETAILS Julie Hecht Pelo Marketing T / E / W /