5 Tips for Setting Up a Business Consultancy

A business consultancy provides a service to its clients in a specific area. Business consultants are expected to have extensive knowledge of the area in which they operate so that they can bring their clients’ businesses up to a high level in that field. Examples of these niches are marketing, payroll, accounting, SEO, website design, IT, and performance management. Once you have identified where your skills lie, you can embark on setting up your business consultancy with these five tips.

Specialization 

Choosing your market segment goes hand-in-hand with building a profile of your ideal client. Determine what expertise, experience, and interests you have. Be certain of your ability to deliver results. Consider the market potential to grow your business to the size you want.  

Client criteria must be specific. For example, do you only want to deal with companies that have 100 – 1000 employees? Should they be in retail, online sales, or customer care? With a clear picture of your best-fit client in mind, you can target your marketing efforts appropriately. Don’t make the mistake of wanting to reach far and wide as this will prevent you from deepening your value to your clients. 

Getting Clients

Create a value proposition for your ideal client. Remember to speak to the client, not yourself. The recommended formula for this is stating who will be helped to solve what problem to achieve what result and ending with why they should choose you. For example, “We help small business owners improve employee productivity to increase their bottom line. Our combined team has over 25 years of experience in this area.”. Make sure to differentiate between the solution and the outcome. You may offer a software tool to measure productivity but if the result is only a 20% improvement, the client will not be happy.

Be Accessible

You need to get your value proposition out there to attract clients. Design a professional website. Pay attention to SEO. Include your message under your email signature and place it prominently on your website. Used LinkedIn and social media.  

Pricing 

Bear in mind that between providing a service to existing clients you are still spending half your time acquiring new ones and your pricing must reflect this. Clients prefer a fixed price to an hourly or daily rate. Nevertheless, you can double your hourly wage when you worked full-time and multiply it by the number of hours a project will take you. Times the sum by a factor of 1.5 as many things can delay a project, including from the client’s side. 

Errors and Omissions Insurance 

Make sure that you are covered by Errors and Omissions Insurance (E&O). When running a consulting business, there are times when these professionals are accused of not fulfilling a written agreement, an expensive mistake, or professional negligence. Even if a judge rules in your favor, there will still be upfront costs to pay. When you get E&O insurance you will not have to worry about this.

With this simplified guide, you can get your consulting business up and running in no time at all.

A Comprehensive Guide To Amplifying Your Business Marketing Reach

Whether you own a startup business or a company that has existed and survived for years, discovering the most profitable and efficient marketing strategy is crucial to your continued success. This would benefit small businesses more because they don’t have many resources to sustain their needs. Yet before we go any further, what is a marketing strategy? 

A marketing strategy is a carefully crafted plan to help you reach a specific marketing goal in a realistic and focused manner. It also includes what your company is currently doing and the essential missing pieces following the objectives you set that may help you accomplish them.

Today, most marketing campaigns are run digitally, such as voice mailing, social media marketing, text blasting, emailing, etc. However, the problem with marketing is that it changes so quickly. Therefore, it’s vital to stay on track with the best practices over time. 

In this article, you’ll learn some essential marketing techniques that may help you amplify your reach, leading to more leads, higher conversion rates, and more sales. It also includes the best practices and tips for every strategy. 

Red bearded man is holding a megaphone and announce digital marketing related things. Vector concept illustration.

Marketing Technique No. 1: Ringless Voicemails

A ringless voicemail works by sending prerecorded messages to target recipients. Because it’s ringless, people who receive it will not be disturbed, especially during their busiest working periods. Instead, it will prompt a notification similar to missed calls, which they can listen to any time they want. 

The good thing about this software is its efficiency; you can send hundreds of voicemails in just a few minutes. It’s also a cost-efficient tool that suits small businesses and startups with limited funding resources. 

With less than a cent, you can send a voicemail to one of your target customers. To better understand how ringless voicemails can benefit your business, you may check out the video:

Moreover, it has built-in SMS marketing software you can use together with your voicemails for a more effective marketing strategy. 

Here are some features of ringless voicemail coupled with SMS marketing software:

  • Perfect Compatibility: This software can be utilized through mobile and landline services without experiencing any problems.
  • Response Demanding: Ringless voicemails demand a response from recipients, resulting in a higher engagement rate and positive conversion factor. Because of this feature, potential customers won’t be able to ignore your messages easily.
  • Customized Recordings: This software lets you produce recordings and upload them for marketing campaigns.
  • Personalized Messages: This software allows you to personalize your messages. You can send whatever you want to say, such as the entire story of your business, case studies, and many more. 

You may visit your local voicemail service provider or look at Drop Cowboy Ringless Voicemail for more information on how to start your voicemail campaign. 

Marketing Technique No. 2: Text Blasting

Text blasting allows your team to send out multiple messages to a large group of people in a couple of minutes, boosting your marketing reach efficiently. What makes it so powerful and effective than other marketing strategies, though? 

It’s an excellent tool because 9 out of 10 people read their messages in only a few seconds. This increases your chance of having a customer when they receive your messages. You can subscribe to SMS marketing services and start your text campaigns in minutes at minimal costs.

In addition, text blasting takes advantage of mobile technology as most people check and use their mobile devices. This makes it easy for you to reach multiple people instantly. This modern setup also allows businesses to build their brand authority, boost sales, and spread brand visibility and awareness.

Other benefits of text blasting you might want to consider include:

  • Global Reach: Some text blasting services offer plans that help you reach your customers globally, especially if you’re selling and shipping products globally.
  • Limitless Word Count: Text blasting software doesn’t have a limited character count, which means you can type and send messages no matter how long they are.
  • Simple And Easy: Text blasting is easy to manage; everyone can use it to promote their business anytime and anywhere. 

Are you ready to start your marketing journey with text blasting? Call your local service providers now and discover different plans based on your needs.

Marketing Technique No. 3: Social Media Marketing 

Social media marketing uses social media applications to promote and boost your products and services online. It is one of the most powerful and effective marketing strategies that take advantage of a billion users across the globe. Besides, it’s all about engaging your target viewers and meeting their demands through effective communication and interaction. 

Here are some benefits of social media marketing you wouldn’t want to ignore:

  • Increases Brand Awareness

Because social media apps have many active users, you’re missing out on opportunities to reach potential customers by not using them to your advantage. They’re proven to amplify brand visibility and awareness by boosting customer engagement through likes, comments, and shares. 

If you have a website to promote, you can use social media marketing by placing links to redirect potential and interested clients to your site. You may include a direct link on your profile, bio, or every post as long as its relevance remains. 

  • Generates And Converts Leads

Promoting your products and services through social media platforms is one of the best ways to generate leads, convert them, and make sales. This is because the people you’re marketing your brand to are the same ones most likely to interact with you by following your pages. 

The following are some tips you can use to generate more leads using social media:

  • Have A Contest: This is one of the most excellent ways to keep in touch with your followers and attract other people. Here, you’re allowing everyone to participate and enjoy your event, increasing your chances of making sales. 
  • Include Links: As mentioned, you may include links to your bio, profile, and other content as long as they’re relevant to the post. This may spark an interest in audiences who view your posts.
  • Host Live Shows: Social media platforms allow everyone to conduct livestreams to make public announcements and news to followers and non-followers engaged in your account or page.

You may also post your products and services on sale through the shopping feature of some social media apps to generate positive leads. 

  • Learns From Competitors

Social media allows you to monitor the marketing strategy of your established competitors. You may also refer to their ideas if you don’t know where to start, especially if they’re already an established name in the same field. Likewise, you could check out how they attract clients using their strategy. 

How To Establish A Social Media Marketing Campaign

Here are steps that may help you create an effective social media marketing strategy:

  1. Research Your Target Audience. Determine your target audience so you can fulfill their needs and demands effectively. This boosts customer engagement because you’re sharing the same thoughts and interests.
  2. Know What Platform To Use. You can use Twitter, Facebook, TikTok, and Instagram to help you reach your target audience. Once you’ve decided on the platform to use, start by creating keyword-rich and hashtag-laden content that will lead back to your brand and up your engagement.
  3. Determine The Key Metrics. These will help you measure audience engagement through likes, comments, shares, clicks, hashtag performance, and reactions.
  4. Know Your Competitors. You’ll know your competitors better by how effective their marketing strategies are. Study how the strategies they have been using have proven beneficial in attracting more audiences. See if the same applies to yours.
  5. Post Great Content. An impactful social media marketing heavily relies on great content. If you have no idea what ideal posts are, you may peek at your competitors’ profiles and know the kinds of content they show their viewers
  6. Plan Your Posts. If you want to boost audience participation, it would be best to post as often as possible every day. Around two to three posts should do the trick each day. Research the perfect time to release content for maximum engagement, too. 

With these steps, you can guarantee effective and efficient social media marketing that could take your business to the next level.

Marketing Technique No. 4: Email Marketing 

Contrary to what most businesses believe, emails are not yet dead. Frankly, they remain one of the most effective ways to genuinely reach out to your customers who make your company alive.

Email marketing should foster an existing connection between you and your clients. You can do this by providing essential information that may help them get what they need.

Yes, you read that right. Email marketing is never about you, your team, or your company. Instead, it’s about your subscribers and customers and helping them address their problems. If you always put them first on your priorities, they’ll be glad to hear more from you.

When To Use Email Marketing

Here are some instances when you can use email marketing to boost your marketing reach effectively:

  • Foster Relationships: Establish long-lasting connections with your customers through customized and personal engagement.
  • Improve Brand Visibility: Email marketing always makes sure your business is on top of your customers’ minds, preparing them for purchase.
  • Promote Content: You can utilize email marketing to share relevant and valuable content with your leads by placing links that will redirect them to your site.
  • Generate Potential Leads: This may be hard at first, but once you identify your target audience, you may compose concise emails to keep them interested in your brand and what you have to offer. 
  • Sell Your Products And Services: You may sell your items through emails and let them continue their purchases on your e-commerce platform.
  • Nourish Potential Leads: Captivate your leads with valuable content that may help them reach their objectives.

How to Create An Effective Email Marketing 

You know your email marketing is effective when your emails are not delivered directly to spam folders. Remember that people receive around 130 emails per day, so you want to make sure that your emails stand out among them. 

The following are steps that may help you create a successful email marketing strategy:

  1. Know Your Audience. An effective email addresses the needs of your target customers. It should be crafted based on their interests and understanding. 
  2. Define Your Goals. Research some concepts based on your industry and make them the bases of your goals.
  3. Establish Directions For Leads To Subscribe. Create a simple way where people can sign up for your emails easily. When they do, keep them engaged and ensure to keep them on the mailing list.  
  4. Choose A Type Of Campaign. Emails will be overwhelming at some point, so it’s vital to narrow down your options by using a specific type of email marketing, such as:
    • Announcements regarding new content
    • Updates for new and existing products
    • Newsletters
    • Invitations 
    • Email dedications
    • Emails for co-marketers
    • Confirmation emails
    • Social media emails
  5. Schedule Emails. Release your emails as consistently as possible to establish loyalty and ensure that your subscribers won’t forget your products and services.
  6. Evaluate Outcomes. This should be an obvious step as a marketer. It’s essential to assess every strategy to determine what needs to be adjusted or changed to create effective email marketing and content that will make people want to hear more from you.

Now that you know how to create an effective system for email marketing, you may start implementing any of those mentioned here to reach potential leads, resulting in positive engagement and higher sales.

Final Words

Marketing is an important aspect in any business that may determine and establish its growth. This applies to startups, small businesses, or even corporations. Furthermore, as marketing strategies continue to evolve through digital technology, taking advantage of today’s most popular gadgets, such as smartphones and laptops, should drive businesses to be more competitive than before. 

Meanwhile, you can boost your marketing reach through different marketing techniques, such as voicemails, text blasts, social media, and emails. You may refer to the discussion presented in this article to help you start with business marketing strategies, especially how to make them as effective as possible.