There is a lack of management control in many facets of A/E firm
marketing. Following are five areas needing closer direction if your
marketing strategy is to bring results.
1. The cost of proposals. Does your firm adequately
measure proposal cost as a percentage of gross fee on the anticipated
project? Also, do you gauge your potential success in securing the
project? Many firms prepare proposal after proposal for projects they
have no right to pursue.
2. Charges to marketing by technical personnel. Does
your marketing director adequately measure the amount of time technical
personnel charge to marketing? In many firms, marketing becomes a
“dump-all” for people who take someone to lunch or otherwise pretend to
expend marketing effort. Your marketing director should answer for all
charges to marketing time.
3. General entertainment. One of the hardest
marketing areas to manage, this category can become a catch-all for club
dues, general lunches, office parties, Christmas celebrations, and
other events that fit into no other pigeon hole.
Ask yourself if your firm’s marketing director really has a handle on
general entertainment expense and whether he or she has the authority
to manage it adequately.
4. Presentation tools. How much has your firm
invested in brochures, Web sites, PowerPoint presentations, AV
equipment, handouts, business cards, and other marketing media in the
past five years? What percentage of your overall budget does this
expenditure constitute? Is your return on investment adequate?
Many design firms spend thousands of dollars on materials they later
toss out because of uncoordinated graphics or inadequate testing prior
to purchase.
5. The marketing plan. Many such a plan turns out to
be a pie-in-the-sky vision statement the firm “hopes” to pursue. Ask
yourself if your marketing plan has “teeth.” Does each objective link
clearly defined tasks to specific individuals? Is each task budgeted
with a specific dollar amount and time frame?
Is there someone in your firm whose entire raison d’etre is to
successfully manage your marketing schedule and finances? Don’t let your
marketing plan be a blue-sky wish list. Give it a schedule and budget,
and make someone responsible for carrying it through.
Monday, May 13, 2013
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