professional services marketing requires flexibility

young black woman sitting in front of laptop looking thoughtfulas the client changes, so must the accountant.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

the emerging relationship between professional and client, and between the marketers and the professionals, is further complicated by the changing nature of the professions themselves, in which several phenomena are redefining the nature of the professions.

more: what your marketing program can and can’t do | have you planned how to service your new revenue? | why is change so hard for firms? | why value pricing works | why competition matters most
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

in planning for both a firm and its marketing program, there are three factors that should be understood.
read more →

what your marketing program can and can’t do

"target market" illustration with arrow and bull's eyeall the marketing effort in the world will rarely produce a client. it can only produce a receptive prospect.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

the tools of marketing are not a program – they are simply tools.

more: have you planned how to service your new revenue? | how to set marketing objectives | how marketing in accounting has evolved | accounting marketing 3.0: new rules | nine fundamentals for a healthy marketing culture in an accounting firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

a marketing program, then, is not simply a catalogue of tools. it’s a plan – a strategy and a tactical plan. it’s the sum total of all relevant activities, supporting one another, and not just random activities designed without objective nor relevance to the needs of the prospective client.
read more →

have you planned how to service your new revenue?

two businessmen discussing a projectsix marketing considerations. also: nine goals beyond getting new clients.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

firm objectives are the context for marketing programs, which are, in turn, the blueprints for achieving firm objectives. to think of marketing otherwise is to court marketing programs that are irrelevant and unproductive.

more: how to set marketing objectives | nine reasons that prospects say yes | how marketing evolved to 3.0 | accountants don’t sell soap.
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the word market warrants some clear definition. a market is a group, of any size, with a common need or purpose. a market is a group that can be reached by common media. a market group is dynamic, subject to change, to reorganize, to respond to such external forces as the economy, law and regulation, and social factors.
read more →

how to set marketing objectives

three arrows in center of bull's-eyefirm and marketing plans must be intertwined.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

because a professional services marketing program must do more than accumulate clients, and because it must function in a dynamic world that’s constantly in flux, an effective marketing program can’t be a static list of activities that use a static list of marketing tools. it must have clear objectives that are flexible enough to accommodate the dynamic nature of the market. it must focus specific aspects of a practice, predicated on the distinctive needs of each aspect of the prospective clientele.

more: nine reasons that prospects say yes | why is change so hard for firms? | why value pricing works | why competition matters most
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

for example, a marketing program to attract high-asset individuals is different from one to attract corporations. a program to attract real estate developers is different than one to attract builders.
read more →

nine reasons that prospects say yes

woman and man shaking hands across a deskhow to use marketing to build for the future.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

to put it simply, professional services marketing is a process that’s designed to bring a firm and its prospective clientele together. more than just accumulating clients, the effective marketing program helps shape and secure a practice that’s relevant to the dynamic needs of both the firm and the clients it serves. more than a collection of marketing activities, marketing is a process.

more: why is change so hard for firms? | how marketing in accounting has evolved | how marketing evolved to 3.0 | why value pricing works | accounting marketing 3.0: new rules | accountants don’t sell soap. | why competition matters most | nine fundamentals for a healthy marketing culture in an accounting firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the process, essentially, may be perceived in four parts:

  1. define the market.
  2. define the service to meet the needs of the market.
  3. define the tools of marketing to be used to reach and persuade the market.
  4. manage the tools.

read more →

why is change so hard for firms?

one person makes a change to a new different direction from crowd of peoplestart with trends in your clients’ industries.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

i’m puzzled by the accounting firm that continues to function today as it did many decades ago – in so many areas, as if the world continues to be as it was decades ago.

more: how marketing in accounting has evolved | how marketing evolved to 3.0 | why value pricing works | accounting marketing 3.0: new rules | accountants don’t sell soap. | why competition matters most | nine fundamentals for a healthy marketing culture in an accounting firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

at the same time, in the midst of all that’s changing in the professional world, i’m surprised that change in the marketing process for professional services is evolving so slowly. there are indeed exceptions, in which a handful of firms have extensive programs that are innovative, and very large staffs to execute them. these few firms have specialists in such activities as business development, media relations and so forth, but considering the vast number of accounting firms, their number is a small percentage of the professions.
read more →

how marketing in accounting has evolved

from the 1.0 of bates to putting the client first.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

we live in a dynamic world, in which constant motion of events and social and economic structures continually alter the state of many activities and circumstances. for example, the advent of the personal computer in 1981 changed the way trade and commerce were done. this altered the nature of financial structures, industrial practices and communications. but it also gave rise to new laws and new needs in accounting and finance. it created a new business environment that affected all participants in the cycles.

more: how marketing evolved to 3.0 | why value pricing works | accounting marketing 3.0: new rules | accountants don’t sell soap. | why competition matters most | nine fundamentals for a healthy marketing culture in an accounting firm
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

it’s an ongoing cycle that generates new problems and needs in many disciplines, including law and accounting. new financial instruments, new laws and regulations, new technology that accelerates the pace of doing business, growing internationalism, the expanding body of knowledge in so many areas and the rapidity with which it can be organized and retrieved, new demands from client – all substantially change the demands upon lawyers and accountants, and therefore, the structures and practices that professionals must adopt to stay abreast of their own clients.
read more →

how marketing evolved to 3.0

blue glowing new technology background with particleschange is a result; evolution is the process.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

it’s not difficult to understand, in this economic environment, why the word change looms so large in professional services dialogue. the nature of the professions, rooted as they are in history and tradition, can be fairly rigid, and resistant to innovation. but the times seem to have accelerated the need for new ideas and structures to cope with new economic and social problems and opportunities.

more: why value pricing works | accounting marketing 3.0: new rules | accountants don’t sell soap. | why competition matters most
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the accounting profession, even as we know it today, is practically prehistoric, and is now so bound by traditions, rules, regulations and laws that any suggestion of serious structural change is seen as a virtual assault on the professions. the codification of laws and the legal profession go back about as far, and are just as resistant to innovation. in both cases, the rigidity in the professions is designed to maintain integrity and probity, as well as efficiency in firm governance. if the nature of products allows for constant and rapid change to match changing tastes and fashions, the nature of professional services requires a measure of uniformity and predictability. but now, there are cracks appearing in the wall. the potential for conflict between the ethical rules and their protection of integrity, and the need for successful competitive marketing, can be intense.
read more →

why value pricing works

and how marketing fits in.

by bruce marcus
professional services marketing 3.0

we’ve seen accounting and law professionals learn to work as partners with marketers. typical proponents of this new form of marketing are accountants who have learned to think and act like marketers, accountants who have developed new kinds of accounting firms and new kinds of governance structures. it’s a system that in at least one aspect draws upon a product marketing practice – in that the marketers participate in designing aspects of accounting and law practice.

more: how marketing has evolved | accountants don’t sell soap. | why competition matters most | nine fundamentals for a healthy marketing culture in an accounting firm

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

it’s a system in which accountants relate to clients in more constructive ways, and in dialogues rather than monologues. in accounting firms in which the barriers between partners and associates who are skilled and talented have eroded, and client service teams that not only serve clients better, but function as marketing instruments, by virtue of developing better ways of demonstrating the possibilities of extended service.
read more →

accounting marketing 3.0: new rules

what we’ve learned from our mistakes.multiple arrow missed hitting target mark isolated on white background. fail archery goal inaccurate to purpose vector illustration. concept of business failure, mistake strategy and loss opportunity.

by bruce marcus
professional services marketing 3.0

in the early days, firms reluctantly hired people they thought were professional marketers. for example, one then-big eight accounting firm hired an advertising firm executive who, it turned out, had been in ad agency production and knew nothing about marketing. another firm hired a public relations company that saw all marketing as public relations.

more: accountants don’t sell soap. | why competition matters most | even a random disaster can be controlled with risk management  | managing risk in client relations  |  your clients love you? what if you’re wrong?

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

public relations or advertising people who didn’t know how accounting and law firms worked were hired. how could the professionals know otherwise? professional marketing and its process were new to the accountants and lawyers, and they had never hired marketers before.
read more →

accountants don’t sell soap.

woman and man shaking hands across a deskyou only have three things to sell.

by bruce marcus
professional services marketing 3.0

it took about five years before the true meaning of the 1977 bates v. state bar of arizona decision finally dawned on the professionals.

more marcus:  the delicate art of positioning your firm in the mind of the prospect |  who’s better at marketing? lawyers or cpas?  |  even a random disaster can be controlled with risk management  | managing risk in client relations  |  your clients love you? what if you’re wrong?  |  the three degrees of riskfour essential habits for building client trustthe nine hallmarks of a marketing culturethe four cornerstones to building a marketing culturegetting the client is only half the battlepractice development: it’s not rocket sciencenine fundamentals for a healthy marketing culture in an accounting firm

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. we are publishing some of the late expert’s evergreen work, which retains wisdom for the present.

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the professionals gradually came to realize that the decision meant that, for the first time in the memory of most practitioners then alive, they could now openly solicit one another’s clients – a practice that most professionals had never done before, nor had been allowed to do. it meant that the professionals had to face – and learn to deal with – not merely the polite and collegial competition of the past, but aggressive competition.

read more →

why competition matters most

the tone of your marketing must follow.

by bruce marcus
professional services marketing 3.0

editor’s note: 卡塔尔世界杯常规比赛时间 was privileged to have a long relationship with bruce w. marcus, who was ahead of his time in his thinking and practice in marketing for accounting. today we begin publishing some of the late expert’s evergreen work, which retains wisdom for the present.

more: bruce marcus | buy: professional services marketing 3.0

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

the late lawyer and novelist louis auchincloss wrote so meticulously and vibrantly about life in the legal and social world in the early and mid-20th century. the legal profession was rigid and class-defined, with a caste system governed by strict ethical rules, a hierarchical structure with great distance between the levels of a firm from managing partner to the lowest clerks (whom we now call associates), and by both money and status in society. to preserve the integrity and probity of the profession, there was an aloofness – an elitism – that set lawyers apart from the rest of the working world.

read more →

aam honors bruce w. marcus, visionary professional services marketer

award named in honor of marcus
award named in honor of marcus

visionary professional services marketer recognized by association for accounting marketing

the association for accounting marketing has honored the “first professional services marketer” by creating a bruce w. marcus lifetime fellowship member program.

effective immediately, all members of the 14-year-old aam hall of fame will become lifetime members in remembrance of bruce w. marcus. at the 2015 aam summit in orlando, florida, all present members of aam’s hall of fame were also publicly recognized as bruce w. marcus lifetime fellows.

marcus is the author of dozens of books, including professional services marketing 3.0, and was a longtime contributor to 卡塔尔世界杯常规比赛时间.

read more →