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Entries in hitendra patil (2)

Tuesday
Apr242018

Introducing the 2018 Expert Webinar Series, presented by AccountantsWorld

AccountantsWorld has expanded its Expert Webinar Series this year, featuring 16 industry leaders, including 12 of the Top 100 Most Influential People in Accounting, as named by Accounting Today.

This is the 10th year AccountantsWorld has offered the Expert Webinar Series to help accountants receive insights from industry experts to manage and grow their practices and add greater value to their clients’ businesses.

The first session, “Don’t Just Be an Advisor, Be Relevant,” will feature AccountantWorld CEO Dr. Chandra Bhansali on Wednesday, May 2. During the webinar, Chandra will discuss how to make accounting practices more relevant to the needs of small business clients.

Other presenters include:

  • Former AICPA chairman Kimberly Ellison-Taylor
  • Maryland Association of CPAs CEO Tom Hood
  • WithumSmith+Brown director of firm technology Jim Bourke
  • K2 Enterprises' Randy Johnston and Brian Tankersley
  • Boomer Consulting visionary and strategist Gary Boomer
  • CPA.com CEO Erik Asgeirsson
  • Abraham Group CEO Jay Abraham
  • VeraSage Institute founder Ron Baker
  • Culture Works co-founder Chester Elton
  • Transition Advisors president Joel Sinkin
  • CPA Trendlines CEO Rick Telberg
  • AccountantsWorld director of practice development Hitendra Patil and vice president of marketing Div Bhansali

 

Participants can earn one CPE credit for each session. Register now.

 


Friday
Jan202017

How to Develop an Accounting Firm Marketing Message That (Really) Works

By Hitendra Patil

How do you develop a marketing message for your accounting firm that really works? Here's a hint: Ask Gillette!

According to CampaignLive, Gillette’s 2016 Father’s Day ad achieved an extremely rare 709 Ace Score. Less than 1% of ads receive an Ace Score over 700.

It further explains that the ad’s biggest strengths are:

  1. being liked, and
  2. being relevant.

Nearly 65% of the viewers thought the single best aspect of this ad was the “message”. Not the visuals, music, characters, etc.

Why? Because the message is completely relevant to what is going on in the world today.

Don’t believe me? Come back to the rest of this post after watching the ad.

(Welcome back!)

Inspired by this awesomely clever yet simple video ad, we have some ideas that you can use in your firm’s marketing plan.

 

1. Be relevant to your target clients.

The “message” you deliver to to attract your ideal clients needs to be relevant to their lives.

Question for you: 

What is really relevant to your target clients? (Hopefully, you have defined your target clients very precisely).

 

2. Compare to show wisdom and expertise.

Yes, accounting is a bit more (okay, a lot more) complex than shaving. But that's the point.

The key marketing principle here is contrast. When you show what is difficult, the easier option is understood better, in a comparative sense.

Question for you:

Which stressful results can you show your clients if, for instance, they did their own accounting and taxes? 

Now show them the results you can produce, without that stress.

 

3. Connect via context.

Some viewers felt that the story was great but the content was not that well related to the product.

When you deliver the context, your target audience should connect your story (message) with your services.

Question for you

Here's an example: Can you figure out the most common entries that go into “Ask My Accountant” and WHY? 

Answers to these WHYs can be your context that clients will quickly relate to.

 

So what's next?

Giant corporations can spend millions to do market research and demographic studies. They pay a lot to creative ad agencies and media producers to create such awesome ads. 

It is not easy for accounting firms to do the same. And it is rare to see mass video ads in the accounting profession.

But your message can still deliver the same type of impact - on your website, in your personal interactions with prospects, in your emails, perhaps via videos on your website. 

I look forward to your thoughts!

Hitendra Patil is director of practice development at AccountantsWorld. In this role, Hitendra helps accountants leverage AccountantsWorld's solutions more powerfully, advancing the company's leadership in cloud solutions for accountants. He can be reached at HPatil@accountantsworld.com.