If you want to ensure your marketing efforts provide a good return on
investment, you must start with a marketing plan — a step often skipped in
small or solo firms. You can avoid making emotional and often expensive
decisions if you have a great marketing plan that identifies problems you may
encounter in the future.
This series of posts will break down the five steps of building a useful
marketing plan. By focusing on these five aspects, you can create a
well-balanced marketing plan for your law firm that will help drive clients to
your firm. Step one is below and covers identifying and defining your ideal
client and niche. Over the next few months the other four steps will be
covered, so stay tuned!
Spoiler alert: Advertising strategies will not be reviewed until step
four, so don’t put the cart before the horse.
Know Your Ideal Client and Your Niche
Too many
people skip the first — and possibly most important — step when they create a
marketing plan: identifying the demographics of an ideal client. The easy
answer is that anyone is an ideal client, but clients want you to appeal to
their uniqueness. Someone who has a unique need is going to look for a law firm
that focuses on that specific area — not one that claims to be right for
everyone. People like to hire experts. And while it may seem like you do not
want to limit your options, trying to please everyone is not the best way to
stimulate long-term success.
Drill Down to Your Ideal Client
Identify your ideal client by getting specific. Ask
yourself some questions about your ideal client and get specific as possible: Consider the age, sex, occupation, etc. of the people you can best help,
and who can best make your firm grow. Consider what kinds of problems you want to solve. Maybe you don’t want
to be involved with violent cases. Where does your client spend time both online and in the real world? What kind of car, home, and lifestyle does your perfect client have? Consider who can afford your services and who will be likely to give you
repeat business. What sort of job does your ideal client have? Which organizations and groups does your ideal client belong to? Draw a picture in your head (or clip a picture from a magazine) of your
ideal client. Ideally this can be based on a past client who was great to work
with in the past. You can use this image to practice your pitch — how
you grab this person’s attention. What is important to this person? Also take
some time to identify the sort of clients you do not want to work with. This
small step will help you avoid agreeing to take a case that you’ll regret. Identifying your target market is the first step in
developing a marketing plan because it will help you to focus your efforts in
all of the following steps. Start identifying your market by finding your
niche.
Find a Niche
Instead of trying to please everyone, let people know
what you do. Do you specialize in bankruptcies, accidents, or work-related
claims? Smart clients don’t want a just a lawyer. They want a lawyer who is
also an expert . Choose your niche and present yourself as a specialist in that area.
Not sure how to declare yourself an expert? Start a law blog or publish articles posted on websites about your niche. You could also
write helpful articles for a local paper, speak at a local legal event, or make
other presentations to your target audience.
Define Your Niche
Defining your niche is more than just having a fuzzy
idea of it. Get a high-definition picture of your niche. Then work on crafting
your answer to the question: What’s your specialty? Put into words what you do,
and don’t use boring terms to describe it. Explain your niche in a way that
even a-non-lawyer will understand and remember. For example; “I help families
through especially difficult divorces.” or “I work to make bankruptcies as
painless as possible for middle-class families.”
Identify Your Aspirational Niche
While it may seem to go against the idea of a niche,
it is possible for you to have more than one. Your second niche should be “aspirational,” or a
practice area you hope to focus one day. You should simultaneously keep your
“practical” niche, an area that is profitable and pays the bills while you work
towards attracting more clients in your pre-determined aspirational niche. In this case, it can be a challenge to decide how to
present more than one practice area. To do this effectively, slightly broaden
your overall message to include both your aspirational and practical niche. For instance, marketing your firm as “aggressively
seeking justice for the underdog” or “providing personal attention to your
needs” can easily cover more than one practice area.
The Importance of Identifying Your Niche
and Target Market
Once you define your niche and ideal client, build the
rest of your marketing plan around that information. The first step is to
identify what you are selling (or what services you are providing) and who you
are selling it to. Research other firms and organizations that also target your
market and ask these questions:
What colors, designs, imagery, and graphics are used on their websites?
Do they seem to target younger, tech-savvy clients or an older more
established group?
Where do these clients spend time online, and what publications do they
read?
Knowing the answers to these questions can help you
determine whether and where to place ads and what they should look like.
Additionally, pay attention to what your competition is doing that seems to be
ineffective or unappealing. It is helpful to know what you do not want to do,
too. Keep in mind that you are not cruising your
competitors’ sites so that you can steal their look and image. Once you get an
idea of who you are going after, you will want to consider your Unique Selling
Proposition — now
that you know what you’re up against, what makes you better than your
competition? In the practice area you chose, surely other lawyers are
specializing — why should a client choose you over your competition?
Defining a niche makes it easier for you to focus your
time and be efficient and productive. Working on the same types of cases, each
with its own challenges and unique differences, makes you an expert. If you
suddenly switch to trying a different type of case, you may need to relearn
some steps. Working on similar cases over time will leave you with a cache of
templates and boilerplate text that you can use again and again. Constantly
moving between vastly different cases will make you a jack of all trades,
master of none, and each time you sit down to work on a case, you’ll be
starting from scratch. Next month’s post will focus on how to perform your
own SWOT analysis, and the process consultants use to help lawyers identify
their strengths and weaknesses (so they can transform them into strengths).
No comments:
Post a Comment