Digital Marketing for Professional Firms

Finance Blogs

Scott Adams on Board Governance: From Financial Rounds
January 19, 2008 4:40 PM
Corporate governance survey conducted (Pakistan): From Inside Sarbanes Oxley
January 19, 2008 12:13 AM
Enron-driven reforms are unraveling: From Inside Sarbanes Oxley
January 19, 2008 12:06 AM
More...

The Finance Institute

Tackling T&E Expense Reports: Webcasts
Performance Management – It's Not Just About Technology: Webcasts
More...

Diverts

Is Your Town a Top Place to Live?: Money has just released its annual list of the 100 best small cities to live in, based on criteria such as job market, quality of schools, and housing prices. [more]
Weird Weddings Hit the West Coast: Weddings got wacky on the West Coast last weekend. [more]
Wisconsin Man Shoots His Lawn Mower: A drunken Milwaukee, Wis., man is in trouble with the law for shooting his lawn mower when it wouldn't start. [more]
More Diverts

Business Purchasing

Business Finance has partnered with BuyerZone.com to make it easy for you to find advice and tools for your business purchases. BuyerZone's free Request for Quotes service quickly connects you with suppliers of over 150 product, service and equipment categories. They also have hundreds of articles full of purchasing advice and insider tips. Click here to review some of the most common purchases that face your business.

On Your Desktop

Add SearchFinance to your desktop using the Yahoo! Widget Engine:

From the Blogosphere

Digital Marketing for Professional Firms

December 13, 2007 11:00 AM
From David Maister Blog: Passion, People and Principles

David Koopmans, Director of Mokum Marketing in Melbourne, Australia wrote in by email to raise the topic of how professional services firms can use the web in their marketing strategy and what the specific benefits are.

He points out that among some types of professional firm there is often resistance to the concept of marketing in general, and the digital space in particular.

If you were advising a professional firm about web marketing, what would you stress?

I’m not sure how much hard evidence there really is about the benefits of the web in marketing professional services. I suspect that key decision-makers and buyers are not spending much time on the net. Their staff subordinates (HR people, marketing directors, strategy people etc.,) may use it more, and you may be found that way, but I doubt that there is much of a direct executive audience.

I would probably point out that the old adage “demonstrate don’t assert” remains the key to effective use of web technology, and that websites need to have voluminous amounts of easy to search and easy to find content, so that you can you can prove that you have something to offer (and are generous and professional enough to share it.) The ease of use of your digital marketing gives you an opportunity to show your ability to put yourself in the shoes of the client / purchaser and understand things from their perspective, rather than saying “let us tell you about us.”

I’d also stress that you need to be well advised by people who understand search engine optimization, so that if there are buyers who don’t know you, you are found when they begin searching.

It’s still early days for blogging, podcasting and videocasting, but I’d have to guess that, for most professional service firms, these are not high return activities – again, because I’m not sure that the “high-level” buyers are listening and watching.

I’ve had a lot of fun and success with my own activities (which I reported on last year in an article called “Adventures in Modern Marketing”) but it’s very hard to unbundled the incremental marketing benefit that being active on the web has brought. I'm not sure what I would advise a client to do in this area, nor how much of their marketing budget to devote to web activities.

What do the rest of you think? What advice would you give to a professional firm about digital marketing? What have we learned?