If you are the owner, president or CEO of your company, you can play a strong part in building a leadership position for your firm within its marketplace. Even if your company does not presently hold the lead in revenues, market share, geographic penetration or other key metrics, you can take the leadership role and become the “spokesperson” for your industry.
Senior executives have years of experience in management and often have spent their career within their present or primary industry. Because they have been through the cyclical ups and downs and are intimately familiar with the trends and dynamics that affect their industries, they are often sought out for their clear insights and observations.
However, achieving such a lofty status does not occur overnight. It should be done with skillful strategy and planning in mind. Create a public relations plan that will enable you to become the source of meaningful information and opinion. Through research, prepare thought leadership articles on industry trends that are timely and of strong interest to your publics. The articles may address present customers and prospective customers as well as other key audiences that may include suppliers and government agencies or municipal officials.
For example, let’s assume your company’s long-range goal is to build a plant to supply parts or services to the soon-to-be-booming personal jet industry. A well-prepared article in a locally read business weekly, print or online publication can condition the market for the benefits the new plant will bring and help to create awareness. As a recognized industry expert in aviation services, your insights on employment, technology, skilled positions, and their long-term affect on the local economy may be read with great interest. Follow with speaking engagements, media interviews and blog postings. Be sure to add the earned media as fresh content on your website. Quickly you, and by extension your company, can become the knowledgeable go-to expert in your markets.
If you carefully define the audiences you need to address and prepare an article or speaking opportunity that provides valuable new information or speaks directly to their concerns, you’re likely to reach your strategic objectives much sooner and at less cost.
Start by listing the topics or subjects you are qualified to address and then review the latest editorial calendars of leading local or national publications. Then prepare a brief or abstract of the topics you can cover, along with a bio sheet providing your curriculum vitae. This summary of your professional qualifications should make clear why you are best suited to discuss these topics. Be prepared to offer an exclusive opportunity to one publication. Set a time limit for acceptance, and if the publication is not interested, take it to another publication. Trade publications thrive on bringing new and timely information to their audiences and your paper may be precisely what their readers are most interested in.
An outstanding example of a thought leader in the investment world is the “Oracle of Omaha,” Warren Buffett, CEO of Berkshire Hathaway. It seems no article on careful, long-term investing is complete without a common-sense quote from the master investor. Bill Gates, discussing the future of technology, has been Microsoft’s mainstay thought leader since the personal computer industry began. Likewise, Steven Jobs with Apple Computer has achieved nearly star status as he introduces amazing, people–friendly products each year.
Becoming a thought leader in your category may also lead you to achieving “expert status.” Skillful media relations, combined with social media outreaches, can keep publishers, editors and reporters aware of the topics they should consult with you as the expert on if they are building a story or article on a particular topic. Again, this should be done strategically so that it contributes to your overall status as a “thought leader” and contributes to your company’s business goals.
It takes work and planning to achieve thought leadership and expert status, but the rewards for your company can be substantial and long lasting.
In the business-to-business marketing arena, your direct sales force should play an integral role in your marketing plan. They are the “front line” that comes face-to-face with your customers and prospects. The great entrepreneur Marshall Field once said, “The distance between the salesperson and potential buyer is the most important three feet in business.”
The only way your site can really be effective is if people can actually use it. It should be easy to read, easy to navigate and easy on the eyes. If you keep these concepts in mind, you will most likely end up with a website that is effective. Why? Because you are thinking like the end user and not the company owner.
As your mother told you countless times, first impressions are critical. Business executives, as part of their process in evaluating your business as a potential valued partner or deciding even to take an initial sales meeting, will visit your website. An updated website with customer centric content will further the sales process, while a self-serving website that offers no meaningful insight to your company can eliminate your company from consideration.
Many companies today struggle with the concept of lead generation and brand awareness, erroneously thinking that if they attain general brand recognition, sales leads will naturally follow. They will not. Marketing never sold a thing. Sales people sell things.