Change Is Inevitable, Even in Marketing

Sometimes it’s improvement. Sometimes it isn’t. What role will you play?

By Bruce Marcus
Professional Services Marketing 3.0

EDITOR’S NOTE: CPA Trendlines 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.

Speaking of change, as we have been, in the several months it took me to write my book and to choose from the hundreds – maybe thousands – of articles I’ve written over the years, a great deal has changed. And not just trivial stuff.

MORE: Do You Want More Publicity? Or BETTER Publicity? | How to Write Media Releases That Capture an Editor’s Attention | Why Accountants Should Be Nice to Journalists | Ten Keys to Crafting Ads | Four Things to Know About Social Media | Internal Communications Are Underrated | Four Things Better Than a Company Song | Let’s Lose the Word ‘Image’ | The Risk In Not Understanding Risk | What Your Marketing Program Can and Can’t Do | Nine Reasons That Prospects Say Yes | How Marketing Evolved to 3.0 | Accountants Don’t Sell Soap.
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The movement to replace the hourly billing with value billing has accelerated. Firm mergers, consolidations, new boutique firms that bear little resemblance to the historical professional firms, new technology that makes obsolete technology that was itself only months old. It seems that observations (I don’t make predictions) that I made decades ago about the need to go outside the firm for new sources of capital to finance growth have turned out to be accurate. New professional/marketers partnerships are springing up. Professional Services Marketing 3.0 is in full swing.
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Do You Want More Publicity? Or BETTER Publicity?

letter blocks with middle section rotating to change word from "quantity" to "quality"

Determine the reason you want it in the first place.

By Bruce Marcus
Professional Services Marketing 3.0

EDITOR’S NOTE: CPA Trendlines 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.

In the early days of publicity, when it was low-down press agentry and not high-blown public relations, the idea was to get your client’s name in the paper. Often. In any context. Just spell it right.

MORE: How to Write Media Releases That Capture an Editor’s Attention | Nine Ways to Choose Your PR Person | When There’s a Leak in Your Firm | Eighteen Things Advertising Can Do for Your Firm | How and Why Client Service Teams Work | Manage Knowledge as a Marketing Tool | Secret Marketing Formula: Get One Client at a Time | Marketing a Fixed Position in a Moving World | How to Build a Marketing Culture
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In the early days of marketing professional services, it became clear that merely to get your firm’s name in the paper, in any context, didn’t help much. Ego, maybe, but nothing more. A new approach to publicity had to be developed.
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How to Write Media Releases That Capture an Editor’s Attention

Forget the five W’s and other clichés.

By Bruce Marcus
Professional Services Marketing 3.0

EDITOR’S NOTE: CPA Trendlines 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.

A recent business communication book says that in writing press releases, the lead paragraph should include the five W’s – who, why, what, when and where.

A textbook on journalism written in the 1920s says the same thing – the five W’s.

MORE: Nine Ways to Choose Your PR Person | When Bad News Happens to Good Firms | Creating the Perfect Ad | How Hard Do You Work to Keep Your Clients? | When Clients Think They Know Marketing | How to Put Target Marketing into Context | Everyone in Your Firm Is Marketing | Accountants vs. Lawyers: Who Wins the Marketing Battle? | Professional Services Marketing Requires Flexibility | How to Set Marketing Objectives
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Nothing has changed in more than 70 years? Don’t believe it. Just read any good newspaper in the U.S., Canada or Great Britain. And what newspapers do is what press releases must do. Why?
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Nine Ways to Choose Your PR Person

The rules of the game have changed.

By Bruce Marcus
Professional Services Marketing 3.0

EDITOR’S NOTE: CPA Trendlines 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.

There was a time when all you needed was a roll of nickels and a phone booth, and you were in the PR game. Of course, all clients expected then was that you get their names in the paper. For most of the publicity clients in those days, that was sufficient.

MORE: When Bad News Happens to Good Firms | Why Accountants Should Be Nice to Journalists | Ten Keys to Crafting Ads | Four Things to Know About Social Media | Internal Communications Are Underrated | Four Things Better Than a Company Song | Let’s Lose the Word ‘Image’ | The Risk In Not Understanding Risk | What Your Marketing Program Can and Can’t Do
GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today.

“Those days” were the late 1920s and 1930s, before PR became public relations, and before we were beset with such glorious concepts as “image,” and “positioning,” and “niche marketing.” Today, public relations is infinitely more sophisticated than that, as is the public relations client. The public relations program for any modern corporation is to its publicity ancestor as desktop publishing is to hieroglyphics. And of course, the public relations program for the professional firm is different, too.

But to have a sophisticated public relations program requires not just a sophisticated practitioner, but a sophisticated client. A firm, if it knows how, will always find a good public relations practitioner or consultant, but a consultant is only as capable as the firm he or she serves.
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When Bad News Happens to Good Firms

Don’t go spinning out of control.

By Bruce Marcus
Professional Services Marketing 3.0

EDITOR’S NOTE: CPA Trendlines 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.

Every election campaign produces, among other things, media myths and bad language. During the elections of the last two decades, the language was infected by a new myth called spin control. The phrase, which broke a speed record in becoming a cliché after the 1988 election, implies that a good media relations practitioner can control the nature and texture of a story in the press – can put the right spin on it to get the journalist to tell it the spinner’s way.

MORE: Why Accountants Should Be Nice to Journalists | When There’s a Leak in Your Firm | Eighteen Things Advertising Can Do for Your Firm | How and Why Client Service Teams Work | Manage Knowledge as a Marketing ToolSecret Marketing Formula: Get One Client at a Time | Marketing a Fixed Position in a Moving World | How to Build a Marketing Culture | Have You Planned How to Service Your New Revenue? | Why Is Change So Hard for Firms? | Why Value Pricing Works
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It’s just not so. For all that the myth implies, when it comes to the media, we propose – but others dispose. Thus it was, and thus it always shall be, so long as we have a free press.

But is the telling always accurate? No. Is it always fair? No. Sometimes, despite all of the public relations professionalism, and despite all the cooperation we may offer the media, the story comes out badly. Disaster, dispensed in the aura of a supposedly objective media, doesn’t merely strike, it reverberates.
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