Archive for the ‘Marketing’ category

Grab your reader’s (or listener’s) attention

February 9th, 2012

I really like the Speak and Write blog.

Granted I used to work with Barry, but their blog offers quick and easy tips to improve your communication skills.

A recent blog post focused on the importance of the first sentence. We only have one chance to make a first impression and unfortunately accountants often opt for the safe (and bland) introduction.

Have a read of Andrew Moore’s post and think about your own writing style.  Can you put his tips into action? (Oh and these tips translate when you’re speaking with people or giving a presentation).

I recently had a chance to review your work and what I found shocked me.

Of course, I don’t know you from Adam, but did I get your attention? Are you curious to know what shocked me?

An opening line that draws in your readers is the best way to generate interest in your writing. In journalism, it’s called the lead, and it’s the most important sentence of the story. A lead grabs your readers, plays on their curiosity, and motivates them to read further.

John McPhee, a prominent author and journalist, wrote in a recent edition of The Wall Street Journal that “A lead is a promise. It promises that the piece of writing is going to be like this. If it is not going to be so, don’t use the lead. A lead is good not because it dances, fires cannons or whistles like a train, but because it is absolute to what follows.”

The logic of a lead applies to business and technical writing, too. A manager swamped by data sheets and engineering proposals is likely to be drawn in by the one with the most engaging opening sentence.

Given the importance of its task, the opening sentence can be difficult to craft. If it’s too dry, too clever, or too cute, your reader might move on.

What’s the key to writing an effective opening sentence? The answer is elusive, as different types may work better in different situations, and different writers will tackle the same problem with different approaches. But for starters, here are five tips:

  • Know your audience – Is your communication for a general audience or a specialized one? A company-wide report will likely start differently compared with one written for the engineering department.
  • Don’t start naming your children after the first date – A good lead will typically hint at your subject material without giving away the entirety of what you have to say. It’s a way to whet your reader’s appetite with the who, why, and where without giving the reader a reason to skip the rest of your document.
  • Be brief – Short and punchy is always more effective than a lengthy explanation. You can delve into details deeper in your piece.
  • Experiment - Try writing several different leads, and then share them with colleagues to get feedback.
  • Go easy on the puns or wit – You may set the wrong tone for your document or turn off those readers who don’t understand your attempts at humor. The best lead hits the ball straight down the middle.

Below is an example of a lackluster first sentence from an actual product data sheet. (The company name has been changed to protect the guilty!)

“Acme Security’s XX Series provides maximum protection against even the most malicious Internet security threats while reducing the complexity of security management.”

Pretty bland, right? Did you start spacing out halfway through it?

What if we re-wrote it by starting with a bold but believable assertion?

“The Internet is awash in malicious security threats. But Acme Security’s XX Series has tightened the noose around those threats while simplifying security management.”

How about this one from another data sheet?

“The sluggish economy has forced midsized semiconductor and component manufacturers to take a hard look at costs.”

Not bad. It’s short, strong, and clear. If I were a midsized manufacturer of semiconductors, I’d be interested in reading further.

The premise is simple: Time is a limited resource. In a world where your target audience is continually bombarded with emails, reports, and various other documents, readers have only minutes to scan these items as they move across their desk. To engage people for any longer, you have to snap them to attention. And you do this by crafting a well-written opening sentence.

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Video Catapaults you up the Search Rankings (Oh and Enhances Your Brand)

January 24th, 2012

Read a great newsletter from the folks at BizActions about how using videos can enhance your brand. Video, as a marketing medium, is especially important given the high-tech world in which we live. It also recognizes that people have different ways of learning or being engaged by content. Some people like to read their information, some like to hear it while driving and others enjoy videos. A good marketing and communications plan has all of these elements.

What the newsletter article doesn’t emphasize enough is the role that video, or more specifically your own YouTube channel, can have a dramatic impact on where your firm lies in the search engine rankings. YouTube is the second largest search engine in the world (behind google). That is people go to YouTube and search. Sometimes they search for videos of cats, other times they search for “how-to” videos. And it’s these how-to videos you need to be creating. The other benefit of your own YouTube channel is that you will appear more often in google like searches – pushing out the competition!

But back to the article. The good news is that your videos don’t need to be Spielberg-esque productions, and BizActions offered a couple of ideas to get you started.

1. Script and Content

Develop content that you find interesting. If you are interested in the topic, it will show through loud and clear on the screen. Great videos are often scripted and rehearsed in advance, but spontaneous and impromptu reactions from staff, clients or strangers frequently have the highest online appeal. A solid strategy is to do a combination of both formats. Interviews of company executives are an excellent way to grant your audience “behind the scenes” footage – be the first to break the news about upcoming changes to your viewers. Consider taking the most important piece of an article (in one minute or less) and discussing its implications on screen. Or reviewing the highlights of a current event or pending legislation.

  • Remember your audience is coming to you to learn. They have searched for ‘tax help,’ so make sure your content teaches them something, not just sells them something.
  • Do develop a script and rehears it until it sounds natural.

2. Lighting and Direction

Your video should be shot with the best available lighting, sound, focus and steadiness of the camera. Be mindful of controlling background noise when you can, such as turning off a television or radio if it’s not part of your scene. Have fun with the creative aspects – put on your Director’s cap when determining what to capture and how to capture it.

  • Buy a tripod – a good one shouldn’t cost more than $50.
  • Maybe also buy a lavaliere microphone for best sound quality. It doesn’t need to be wireless but you’ll notice a dramatic improvement.
  • Make sure your video reflects who you and your firm are. For example if you’re not a formal suit wearing firm, then please don’t wear a suit in the video.

3. Editing

Brevity is the gold standard. One minute and thirty seconds is the optimal length for web videos, and less than one minute is usually even better. If you have five minutes of high quality content, it will likely be more appealing if published as multiple shorter productions. A series of brief, concise and compelling videos will help your brand more than one long video that won’t be able to maintain viewership and attention. Don’t get too fancy with editing tricks. Your audience will forgive amateurish aspects of your video production, provided that the content is interesting and engaging. Be sure to publish video that makes you smile and makes you proud. What is in your video is more important than how flashy it is.

  • There is some good editing software out there for the do-it-yourselfers, however this might be where you want to spend some money; perhaps on a training course for someone in the firm.

4. Embrace Serendipity

One thing to remember when developing your own video content is that you just never know how good it may turn out. Sometimes, you get lucky and unintended circumstances contribute to your content having such wide appeal that it gets passed along and shared by many people. Embrace the idea that your videos need not be “perfect” and that you may not fully understand the elements that help a video “go viral”.

My only additional comment would be to ’key word’ it correctly. Think of the terms that people be using to find these answers.

BizActions do have some prepackaged videos you use on your website and in your newsletters. And they also offer additional advice on customized videos. Check them out!

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Get Set for Success in 2012 – Free Webinar

January 14th, 2012

My 2020 partners in the UK, Gordon Gilchrist and Ian Fletcher recently presented a Practice Management webinar for our European members and we’d like to share the recording with you. The webinar focused on:

  1. Increasing chargeable time by 20%
  2. Knowing how and when to re-negotiate fees
  3. Keeping jobs within budget
  4. Streamlining the accounts and audit review processes (cheaper, quicker, faster, better!)
  5. How firms are successfully differentiating fees between compliance and non-compliance
  6. When is it best to send out the invoices
  7. Invoicing the right way to improve recoveries by at least 7%
  8. The importance of “turnaround time”

With tax season looming, this webinar is designed to get you off to a flying start. While Ian and Gordon sound funny, they do have some great ideas that will result in greater growth and profitability. You might need some translation services, especially when they discuss some of the resources, so please do give us a call.

Stream this webinar now.

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Audit Prepayment Program (APP) adds $1M

January 13th, 2012

At a recent seminar an attendee shared with us how his small firm (2 professionals) added $1 million specifically from their Audit Prepayment Program (APP). Granted this was over a 20 year period, but I’m sure there are a number of members that would like an additional $50,000 in revenue this year and every year.

What is the Audit Prepayment Program?

For an extra 10% of fees (minimum $100), we will represent our clients in any audits related to the returns we prepared up to the appellate level at no charge. Typically we just offer this to individuals, however many member firms are now offering the service to their business clients; though the percentage of fees is often higher.

The key to success is that the APP is an opt-out service. We advise clients in January with the APP letter that accompanies their organizer. You can find the letter in the Resource Center.

We then include the Audit Prepayment Program fee on the invoice and in parenthesis we include the following language (If you do not wish to use this service, please disregard this optional charge).

You can expect a 30-50% take up of this service and be warned, some clients will get audited. In fact you might restrict who is offered this service. It is a great service that both offers peace of mind to your clients and increases your average transaction value.

Go to the Resource Center.

Access to the Resource Center requires regular membership to 2020 Group USA. Regular membership is free. Register now at www.2020groupusa.com/register.

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Free Tax Organizer to Market for New Clients

January 12th, 2012

Tax time is a great time for marketing and a simple tax organizer is the perfect tool. This tax organizer is only 4 pages and is a marketing tool, not an information collection piece. The key here is numbers, get this organizer out to as many people as possible.

Some ideas for the organizer include:

  • Mailing to new homeowners
  • Sending along with a client’s traditional organizer and asking them to share with anyone who might need some assistance organizing their taxes
  • Inserting in local papers
  • Sending in bulk to business clients (and prospective clients) for their employees
  • Add it to your website for download

Download the 2020 Tax Organizer and customize accordingly.

We use www.wigtonline.com to print our tax organizer and I know Eva would be delighted to help 2020 Members. The organizer has been created in Microsoft Word and is easy to customize.

Download the tax organizer from the Resource Center. You must be a regular member to access the Resource Center. Register for free regular membership at www.2020groupusa.com/register

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Updated Socialnomics Vid – The Power of Social Networking

November 22nd, 2011

Eric Qualman has updated his latest Socialnomics video. Check it out below. What do you think? I prefer the earlier version myself.

 

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I’d love to see you in Phoenix or Glendale next week

October 30th, 2011

This year’s seminar program is winding down. Next week Damien and I will be in Phoenix on Tuesday and Wednesday (11/1-2) and in Glendale, California on Thursday and Friday (11/3-4).

The 2-day program has been getting rave reviews and we’d hate for you to miss out on the best ideas in the profession. Day 1 focuses on building revenue while day 2 is all about maximizing profitability.

Read the full agenda.

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November Webinars

October 29th, 2011
Join us for the upcoming webinars. All webinars are FREE. Attend one or attend them all. All webinars are 60 minutes in duration. NASBA certification is still pending so at this stage CPE is not offered.
1. Tuesday November 8 11 am (PST) 

Understanding Debt Options in Today’s Economy: Learn How to Incorporate An Annual Debt Review into your client services  

with Ami Kassar

In today’s economy, loan markets for small businesses are complex. This webinar will help you understand the fundamental’s of today’s market — and how to advise your clients. You’ll also learn how to provide an annual debt review for your clients.  

Register

2. Wednesday November 9 11 am (PST)

How to Systemize Your Accounting Firm

with Michael Mills

It’s estimated as much as 2 hours of productivity is lost each day due to a lack of internal systems. In accounting firms too much information is stored in the minds of the knowledge works rather than in accessible systems. With tax season just around the the corner this is the perfect opportunity to review your current systems. Michael Mills will guide you through the process of identifying and creating systems to make your business run smoothly.  

Register

3. Thursday November 10 11 am (PST)

How to Be Successful with Social Media

with Damien Greathead

Social media is not going away. Instead it’s changing dramatically how we make buying decisions. Social media platforms allow you to become a famous person, overcome geographical limitations, connect with experts around the world, communicate with your clients and prospects and generate new business. This webinar will show you the steps you need to take to make this free and powerful platform work for you. 

Register 

4. Tuesday November 15 11 am (PST)

Discover the Benefits of iShade  

with Lisa Benson

iShade is an online community for accountants with a whole host of benefits. The forums are a perfect place to ask questions of the community, the 2020 Gateway allows you to connect with other 2020 members around the world (and allows other accountants to find you), the firm intranet is the perfect place to deposit your knowledge; and the list of benefits goes on and on. Lisa Benson from iShade will guide you through the platform and give you the first steps you need to take to make iShade work for you. 

Register 

5. Wednesday November 16 11 am (PST)

Tax Season Marketing Strategies

with Damien Greathead  

Tax season is the perfect time to be marketing for new clients. We’ll show you proven strategies to grow your firm. 

Register

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Rate Your First Impression

October 21st, 2011

Imagine for a moment you are a new client who has just been referred to your firm.

* How were you treated?

* How was the “process” handled? 

* How would you rate the firm?

Every contact with a prospect or a client counts, so use this Client Encounter Quiz below to do a self-evaluation. Have all the team do this independently of each other.

1. Telephone: How quickly was the phone answered? Was the person friendly? How was the message taking handled? How long were you kept before you could speak with the person you called for?

2. Returning the call: How quickly was your call returned?

3. Finding the office: How easy was it? Did you receive a map or directions? Did you get lost?

4. Parking: Was parking convenient? Was it free? Did the firm validate or reimburse you for your parking?

5. The building lobby: How does it look. Was it easy to locate the firm’s office?

6. The reception: What was your first impression? Was is it comfortable? Was it clean and well lit? Does it prominently display the firm’s literature? Is the decor appropriate?

7. The receptionist: Did the receptionist acknowledge you immediately (even while handling incoming phone calls? Was he or she friendly? Were you asked if you wanted something to drink?

8. Wait time: Did the receptionist interact with you? Did any other team member interact with you as they entered or exited the office? Was the wait time excessive?

9. The transfer: Did the partner come out to greet you or did the receptionist escort you (all the way) to the meeting room?

You don’t get a second chance to create a first impression. Take a good look at your first impression. And remember the smallest things can have the biggest impact.

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Become a Famous Person

October 13th, 2011

One of my biggest challenges that I give to CPAs is to become a famous person. A famous person is someone who is a recognized expert in their field. However for accountants this does not mean becoming an expert in tax and accounting. Unfortunately becuase CPAs have the 3 letters CPA after their name it is presumed (rightly or wrongly) that they are an expert on tax and accounting.

CPAs have to work harder to become famous. We need to be experts at tax and accounting for a targetted audience; and the more targetted the better. For example I became an expert on credit unions. Later I became an expert on all things tax and accounting for non-profits in the Performing Arts. At 2020 we have firms that have specific audiences such as dentists, government contractors, small privately held businesses, fast-food restaurants and the list goes on.

Once you’ve decided on your audience, you need to go through a process of getting known in the industry. Writing articles for trade publications, speaking at events and commenting on blogs are all great ways to build your profile. Another way to build your profile and become famous is to be quoted in the press.

The good news is that it’s not as difficult as it sounds. A member recently sent me to the website www.helpareporter.com. Help a Reporter is a database of expert sources that media outlets can call on for expert opinions. You register and get opportunities sent to your email address based on your expertise. That’s the free version. You can also pay a nominal monthly fee to build a profile that journalists can search. For $19/month, this is a proactive way to get your name out there. Who knows what will come of it. Maybe nothing in the first 12 months, but how much is a quote in a national news source worth – certainly more than $228 a year. Local journalists also have access to Help a Reporter for more localized opportunities. Again for a nominal amount the potential exposure is worth it.

WARNING: This is not to be entered into lightly. Journalists are deadline oriented and need quotes/sound bytes/ opinions quickly. If you do not respond to their requests in a timely manner it will negatively impact you chances of getting called upon again.

So why not have someone in the firm register. And share the load. If something does come up and you’re in a CPE course (I know you’re checking your email during these classes) forward it to someone else in the firm t

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