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In Business?Learn How To Market Yourself Cost Effectively The CCBM Way www.conspicuous-cbm.com
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Learning To Market Yourself The CCBM Way

Sep 14, 2014

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Presentation made to the Tamworth Virtual PA mastermind circle

In Business? Learn How To Market Yourself
Cost Effectively The CCBM Way
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Page 1: Learning To Market Yourself The CCBM Way

In Business?Learn How To Market Yourself

Cost Effectively The CCBM Way

www.conspicuous-cbm.com

Page 2: Learning To Market Yourself The CCBM Way

What You Will See

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• Who am IMarketing Challenges For Small Businesses4 Important Words4 Tools / Systems / Techniques You Must UseThe Elements of Networking Success

• The 10 Networking Myths

Page 3: Learning To Market Yourself The CCBM Way

Who Am I?

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•Chartered Accountant

•Social Media Addict

•+ outside interests...

•Corporate Stooge

•Referral Marketing Specialist

Page 4: Learning To Market Yourself The CCBM Way

The Challenges

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Page 5: Learning To Market Yourself The CCBM Way

4 Important Words

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Hard-work

Discipline

Perseverance

Plan

Page 6: Learning To Market Yourself The CCBM Way

4 Things To Do

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Networking

Reputation Building

Social Media

Referral Marketing

Page 7: Learning To Market Yourself The CCBM Way

Elements Of Networking Success

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Presence

121s

Giving referrals

Guests

Focus - pitch

Energy & enthusiasm

Page 8: Learning To Market Yourself The CCBM Way

The 10 Myths of Networking

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Page 9: Learning To Market Yourself The CCBM Way

Been to a networking event & come away sad at the lack of

business you did?If true, you’re probably wondering

what went wrong for you!

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Page 10: Learning To Market Yourself The CCBM Way

What You Will See

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•Introduction

•The 10 Myths

•Final Thoughts

Page 11: Learning To Market Yourself The CCBM Way

Introduction

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• Ever been networking?Disappointed at the lack of business you did?

• If True - Wondering what went wrong for you?

• Answer is that you have probably fallen for one or more of the 10 networking myths!

• Knowing & studying the 10 myths and how you behave when faced with them helps you understand networking betterBecause Fact - Networking produces the best business, the best referrals, & the best clients!

• It is the lowest form of marketing yet so many people don’t take the time to learn “the rules” and trip up over the myths losing money and sales as a result.

Page 12: Learning To Market Yourself The CCBM Way

Following are the 10 Myths - study them hard and see which ones you

have tripped-up over in the past & cost you business.

Think how are you going to avoid the myths in the future?

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MYTH # 01Everyone’s Out

To Sell!

Page 14: Learning To Market Yourself The CCBM Way

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•Some people attend networking events to ‘Sell’:

•They don't do well at NETWORKING & give up!

•If you give up because of this:

•Think of the deals you miss out on

•The customers you will never meet

MYTH # 01The Truth?

Page 15: Learning To Market Yourself The CCBM Way

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MYTH # 02No

EffortRequired!

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•Networking groups are not secret societies that reward you just for turning up

•Networking is a marketing tool – nothing more or less.

•Can't blame networking for your failure to put effort in, persevere or being clear on the business plans!

•Honestly decide what effort should you be putting into your networking activities?

MYTH # 02The Truth?

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MYTH # 03Get Business At First Meeting!

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•Chances are SLIM!

•Networking is about building LT relationships not immediate sales.

•How long do you wait before you get clients? That depends on many factors and your effort & clarity of plans.

•The Law Of Recency often applies - being in the right place at the right time - don’t be fooled that this is a normal outcome

•Know Like & Trust in any networking group - TAKES TIME

•Accept this of networking from the start and you will treat in the right spirit

MYTH # 03The Truth?

Page 19: Learning To Market Yourself The CCBM Way

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MYTH # 04It’s HardWork!

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•Nothing but a slog? This belief of networking depends on you.

•Effort is involved – being business is not a hobby!

•Quick rich merchants are soon identified by any networking system and don’t prosper.

•Take a long term view, relax, give networking time to work.

MYTH # 04The Truth?

Page 21: Learning To Market Yourself The CCBM Way

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MYTH # 05See The Same

People Networking!

Page 22: Learning To Market Yourself The CCBM Way

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•Networking is about who people can connect you too to help grow your business.

•Getting to know people well gives you a unique insight in to their habits.

•Flip-side - they get to see how you perform!

•Familiarity gives people confidence to refer you!

•Don’t be tempted by the next shiny new thing - show character by perseverance to increase your reputation for reliability & being more referrable.

MYTH # 05The Truth?

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MYTH # 06Won’t Work For My Business!

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•Common misconception about networking as people ask how can you turn contacts into contracts?

•Remember - 2 principles of indirect marketing are very real:

★ A. Even if the other networkers are not potential customers, they will know people who are.

★ B. Networking much more than just selling – developing business skills, finding good suppliers, and getting objective feedback on you & your projects

•With the right application and clear plan any business can benefit from networking - effort as ever is required.

MYTH # 06The Truth?

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MYTH # 07

TooExpensive!

Page 26: Learning To Market Yourself The CCBM Way

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• The question should be too costly compared to what - no sales!

• Focus your thoughts on the cost of acquiring customers and their lifetime value

• Understanding this fact helps you see how all marketing works & puts networking in its proper place in terms of cost & effectiveness.

• Like all business processes make sure you have proper measurement processes to work out where your leads come from and cost of acquisition.

MYTH # 07The Truth?

Page 27: Learning To Market Yourself The CCBM Way

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MYTH # 08Haven’t Got The

Time!

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•Can you afford to say this?

•2 reasons why some people give this as a reason - too busy or not busy enough!

•These are simply excuses

•No one can afford not to keep their sales pipeline constantly topped up and always be willing to create new relationships

MYTH # 08The Truth?

Page 29: Learning To Market Yourself The CCBM Way

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MYTH # 09All Events Are The

Same!

Page 30: Learning To Market Yourself The CCBM Way

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• Networking events divide into 4 types:

•Mixer Networking

•Regular Open Networking

•General Networking One offs

•Referral Networking / Marketing

• Spend the time working out which type suits you, your business and your personality best

• Be prepared to mix & match what you do and don’t forget to use SOCIAL MEDIA too!

MYTH # 09The Truth?

Page 31: Learning To Market Yourself The CCBM Way

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MYTH # 10All Comes Down

To Luck!

Page 32: Learning To Market Yourself The CCBM Way

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• Luck doesn’t exist – only business opportunities.

• Networking is all about creating and spotting those opportunities to move your business agenda forwards.

• Take control of your business by acting on the opportunities that networking presents in a: Planned, Focused & Systematic manner.

MYTH # 10The Truth?

Page 33: Learning To Market Yourself The CCBM Way

Final Thoughts

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• If you Never go networking - you will:★ never know how much business you will losenever meet that

loyal client who also brings you 2 referrals a yearnever know those people who could turn into good suppliers and give you

timely advice just when you need it.Networking really is the best way to get high quality referrals at the lowest cost - but only if you learn to use the tools correctly.These myths are costing UK businesses lost revenue and opportunities - Don’t be the next victim!

Page 34: Learning To Market Yourself The CCBM Way

Contact Us

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Continue the conversation

Mentoring

BES

Opportunities to speak

Let’s Do Business

Page 35: Learning To Market Yourself The CCBM Way

Contact Us

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Phone - 07706 171851email - [email protected] - @conspicuouscbmLinked-in - uk.linkedin.com/in/stuartwalton/Linked-in - www.linkedin.com/company/conspicuous-cbmFacebook - www.facebook.com/conspicuousCBM

Page 36: Learning To Market Yourself The CCBM Way

THANK YOU

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