{"id":32133,"date":"2013-12-01t00:18:55","date_gmt":"2013-12-01t05:18:55","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=32133"},"modified":"2024-09-01t14:48:57","modified_gmt":"2024-09-01t18:48:57","slug":"its-not-just-accounting-anymore-today-everyones-in-marketing-2","status":"publish","type":"post","link":"\/\/www.g005e.com\/2013\/12\/01\/its-not-just-accounting-anymore-today-everyones-in-marketing-2\/","title":{"rendered":"it\u2019s not just accounting anymore"},"content":{"rendered":"
\"ron
ron baker<\/figcaption><\/figure>\n

by bruce w. marcus<\/em>
\n professional services marketing 3.0<\/a><\/em><\/p>\n

at a verasage conference not too long ago ron baker addressed the question of why so few top 100 firms have switched to value billing. but the answer is not difficult to discern. \u201cthere are decades of culture,\u201d he says, \u201caround the culture of time sheets.\u201d<\/span><\/p>\n

they are literally at the center of all financial reporting in the firm, and there is too much investment in time sheets and related financial systems for senior management to move in different directions. \u201cit\u2019s human nature to remain on the shores of the familiar,\u201d he says. as for the future, he is optimistic, as am i.<\/p>\n

much of my thinking about finding ways to use successful product marketing techniques and business practices came from peter drucker, who said, \u201cif you think of yourself as a marketing company that fills the channels of marketing you open with the products you make, you have vast expansion opportunities.\u201d<\/p>\n

thus, many years ago, when i was with a major public relations firm, ruder & finn, and bissell carpet sweeper was my client, we realized that they were missing an opportunity to thrive in a new marketing-oriented environment. \u201cright now,\u201d we agreed, \u201cyou are just a manufacturing company. you make carpet sweepers. you call in your sales force and say, \u2018yesterday we made x number of carpet sweepers. today you have to sell x number of carpet sweepers\u2019.\u201d<\/p>\n

i <\/i>said,\u00a0\u201cyou have a great sales force. ask them to come back with ideas of what their customers want and would buy if you could manufacture them.\u201d company president mel bissell agreed, and thus was born the bissell shampoomaster, followed by several other products. he hired a detergent chemist from dow, and his shop foreman designed the machine. and thus began a whole line of home cleaning products. bissell, once just a manufacturer, became a marketing company.<\/p>\n

today a new generation and a new approach to marketing professional services is evolving to specifically meet the needs of clients.<\/p>\n

while all selling must ultimately be done by the accountant, the practice of practice development, incorporating as it may the traditional tools of marketing, will be done by an accountant, or a business-development professional who is totally immersed in the practice, and has the skills and knowledge to reshape aspects of the practice \u2014 how it is presented and how it delivers its services \u2014 to better meet the needs of the contemporary client.<\/p>\n

i know that an increasing number of successful accounting firms today are doing pretty much what i\u2019ve described here. some of the best marketers are accountants. some of the worst are, too. but the marketing profession is defined by its best \u2013 not its worst.<\/p>\n

under professional services marketing 3.0, practice development executives will have business, not just marketing, backgrounds. marketing mechanics will be done by lower level practitioners, while the strategies will be formulated by the professional services marketing 3.0 specialists \u2013 the accounting\/marketing partners.<\/p>\n

what has changed here is a new kind of professional services marketing, in response to new market needs, and the need to compete under these new circumstances. what is changing as well is a new kind of partnership between the professionals and those who market their services. that\u2019s professional services marketing 3.0.<\/p>\n

 <\/p>\n