What’s the Deal? Why Do Accounting Firms Use Initials Instead of Names? – Part 2

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We know that for many professional-services firms (e.g. law, accounting, consulting, etc.), using initials is simply a necessary compromise — a less-controversial way to abbreviate the firm’s name.  You get to shorten a cumbersome name without seeming to favor the first one or two people over the others whose names come later on the door. It seems like a reasonable solution, but it’s actually a big step backwards, as we discussed in our previous “Don’t Use Initials” blog post.

Some of our valued blog readers wanted more supporting evidence, another way to explain it to their firm’s own professionals.  This post shows how I explain this issue to the marketing committees, to help them make a good decision:

1. Look at this random collection of accounting firm logos I found on Google. (Disclosure: We don’t work with any of these firms.)

Look carefully:

Initials Accounting firm Bad Logos Page One  copy

2. OK?  Got it?  Now I’ll shuffle them around and changed just one of the logos.

See the group below? Can you tell which of the following logos is different?

Initials Accounting firm Bad Logos Page TWO copy

You couldn’t tell, could you?  Of course not.

3.  OK, now I’m going to shuffle them around again and insert a new logo we designed recently.

Can you tell which of these logos, below, was added to the mix?

Initials Accounting firm Bad Logos Page THREE copy

It’s pretty obvious, right? 

Here’s the true test of marketing:

If you needed to find one of those companies on Google tomorrow, which one of them would you remember?

So, before changing a perfectly good name to a random collection of forgettable initials, think whether you’re advancing the firm’s strategic goals, or actually making your existing marketing challenges even harder to achieve.  Most of the time, a name, even a challenging one, is a better option than the firm’s initials.

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Ross Fishman

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Fishman Marketing, Inc.

Best Times to Post on Social Media [SLIDESHOW]

Bad timing can kill a business, a relationship and, sometimes, a social media post.

Digital marketing intelligence firm TrackMaven has broken down the research on the best times to post on the major social networks as well as the best times to post to your blog and send that marketing email and distributed it via SlideShare.

You can download this slide show and keep it on your desktop or laptop to refer to when you’re scheduling your posts.  Picking the right times is no guarantee that your posts will go viral, but posting at the right times to get maximum potential viewership for what you have to say is just smart marketing.

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HTTPS – Should I Implement It on My Site?

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Google announced last Wednesday, August 6, that the search engine will use https as a ranking signal. HTTPS stands forHypertext Transport Protocol Secure, which protects the data integrity and confidentiality of users visiting a site. For example, when a user enters data into a form on a site in order to subscribe to updates or purchase a product, a secure site protects that user’s personal information and ensures that the user communicates with the authorized owner of the site. For the HTTPS connection to work properly, websites require an SSL certificate, which is what enables the site to make a secure connection.

HTTPS Hypertext Transport Protocol Secure

Even though Google is making this change, it is not something that webmasters should jump into lightly. Webmasters should implement https only when they really need it and have sections in their site where they need to protect their visitors’ information.

Before making any drastic changes to the site, it is important to take into consideration that Google stated that this change will affect less than one percent of queries, carrying less weight than other signals such as high-quality content.

Cons of using https

  • Up until this recent announcement, it was recommended only using https on the sections of the site that needed to protect the confidentiality of user data, such as payment forms that collected credit card information, the site’s login section or any page that would sends/receive other private information (such as street address, phone number or health records), because using https in the whole site can overload webservers and make sites slower, which affects negatively on a site’s ranking.
  • Changing to https also means that all of the URLs in your site will change and it will be necessary to redirect all of the URLs on the site, so that they can be indexed by Google and avoid having duplicate content between https and http URLs. Redirects usually increase the load time of the site, which can be negative ranking factor and reduce the link juice coming from external sites pointing to http URLs.
  • SSL certificates cost money, and certificates signed by well-known authorities can be expensive.

I advise against making an immediate decision to change to https because it is a recent change and apparently the effort to switch exceeds the benefit obtained in rankings. Right now it is better to stand back and observe how the change affects those sites that alter their URLs to https.

 

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How to Get Amazing Attention for Your Firm on Social Media

The Rainmaker Institute

Human beings are wired for loving the spotlight.  When you post something on social media and no one comments or likes, it feels almost like a personal rejection.  And when you’re posting to get attention for your business and no one cares what you’re writing, you are wasting your time.

social mediaOne of the most important ways to get noticed on social media — especially on Twitter — is to make sure your post has a great headline.  There are actually very good psychological reasons for using certain words that makes it almost irresistible for people to click.  Here are 8 proven formulas to craft your headlines around:

  1. Surprise — using words that surprise or startle captures attention because we love novelty.  Words that break the pattern stand out.
  2. Questions — using questions works because a question mark stimulates the human brain to seek an answer.
  3. Curiosity — using incomplete information in your headline to pique curiosity.  A famous example of this is the 1926 ad with the headline, “They laughed when I sat down at the piano…but when I started to play…!”
  4. Negatives — using negative superlatives like “worst” or “stop” intrigues us because we want to know if there is something we shouldn’t be doing.
  5. How to — we all want to get better, so using “how to” in your headline makes a promise of improving the reader’s knowledge.
  6. Numbers — because humans dislike uncertainty, we respond well to numbers in headlines.
  7. Reader referencing — using phrases like, “For those who don’t know what to do after a car accident” or just the word “you” are powerful drivers.
  8. Specifics — quantifiable facts and figures that elicit an image in our head are incredibly intriguing.

Here are more than 180 power words to use in your headlines, courtesy of CoSchedule.com:

power words

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Tips on Creating Press Releases Reporters Will Use

The Rainmaker Institute

Business communications firm Greentarget has just released the results of interviews with 100 news reporters and editors in their 2014 Disrupting the Press Release report, and it’s clear what journalists want from firms seeking the news spotlight:  just the facts.

The core findings from this report underscore the need for communicators to understand that journalists want only the vital information, and they want it immediately apparent.  Don’t make them wade through a bunch of legal jargon, boilerplate text or self-serving quotes that sound like no human would ever speak those words.

BIG NEWS. Press Releases

In fact, Greentarget points to a perfect example of the kind of press releases journalists favor:  the ones that come from police departments, who tend to follow TV detective Joe Friday’s maxim of “Just the facts, ma’am.”

And here’s why:  journalists spend less than 60 seconds scanning a press release.  If the value is not immediately apparent, they are on to the next one.  Half the reporters and editors surveyed said that they receive, on average, 50 press releases a week.  The other half said they receive more — up to 100 or more a week.

Beyond writing concise, fact-driven releases, here are some tips on how to grab a reporter’s attention:

  • Email your press releases.  80% said they prefer email.  Not one said they prefer a phone call.
  • Craft a compelling subject line.  79% said a good subject line gets your release opened.
  • Send your release early.  44% said they prefer to get press releases in the morning.
  • Leave out the least important information: boilerplate language, stilted quotations, fluff.
  • Be sure the journalists you are sending your press release to cover that beat and are relevant to their audiences.

The good news is that 88% of journalists said they still find value in press releases, especially those that contain thought leadership (research, surveys, etc.).  Least valuable?  Personnel announcements.

My experience has shown me that many attorneys are notoriously poor press release writers, both in terms of obtuse language and too much filler.  When it comes to press releases journalists will pay attention to, always remember that less is more.  Better yet, have a professional who knows what they are doing write your press releases.

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Fix These 4 Problems on Your Blog to Maximize Search Engine Optimization

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1.   Make It Useful

Write about something that will provide value to the person reading it. Write with your audience in mind. Keep the writing simple but professional. Remember: Your clients do not have a law degree and if your writing confuses them, they will look for answers elsewhere.

Legal MarketingThink about your client base. Are they middle aged woman, seniors, mostly male, individuals with physical handicaps? Target your posts to their interests, needs and questions. Avoid general articles that could be for anyone. Have the reader in mind when you are writing content and show your expertise. Answer the reader’s unasked questions.

Targeting a specific demographic will help with the social signals as it will probably be shared more and will earn links. Fluff content may get you some rankings for staying relevant and regularly updating your website, but if an actual human goes on your site and does not find value in what you have posted, chances of a return visit are slim—and your ultimate goal should be people returning to your site based on the quality of its content.

2.   Make It Local

Think about your local area and any news or hot topics that you can cover in blog updates. Can you add unique value to these stories? The more your topics and writing speak to your local audience, the more engaged they will be with your site. Write about charities or events you are involved in.

3.   Engage the Audience

How does the page look? Content is not just words. Content can be text, images, videos, charts, graphics and data. Use video and image assets to help tell your story. Visual content engages the user and instills respect for the quality of the information presented on the page.

Also, long blog posts allow you to fit a lot of good information and keywords onto the page, but you will need to divide it in to short sections or into an FAQ format to enable visitors to scan the page for the information they seek.

Use your employees for feedback. Ask them to share your content. If three months have passed and no one has shared anything, it is time to start asking why.

4.   Get the Technical Details Right

Effective title structure is key to generating good organic traffic and a high-quality user experience. Utilizing headings (H1, H2, H3), alt text and description tagging is important for user experience (UX) and for search engines to understand and optimally display your content.

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How to Increase Your Engagement on Facebook [INFOGRAPHIC]

The Rainmaker Institute

If you’re using Facebook to “sell” your practice, you are probably disappointed in your results.  You see, Facebook is about engagement and anything that smacks of a hard-sell is usually tuned out.

facebook like

You will get much better results if you simply surrender to what Facebook can deliver, which is an opportunity to meet new prospects and to share your knowledge that may someday lead to new business.

A lot of new business connections occur on Facebook based on people you used to know –old high school or college friends that you connect with there and then educate them naturally on what you do now.  In that sense, approaching Facebook as a referral source cultivation opportunity could be a mindset that will pay you big dividends in the future.

That said, there are certain things you can do that research shows leads to more engagement with your Facebook posts.  This infographic lays that out:

Facebook engagement marketing

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Serve Up a Strategic Marketing Approach

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Here it is more than halfway through the year and a lot of you who began 2014 committed to changing your marketing approach now realize “wow, nothing has changed.”

Below are ten steps to be more strategic in this year’s marketing planning:

1. Having good intentions in January is not the same as making marketing a priority.In other words, you jotted down some ideas, threw them in a drawer and went about your business. Marketing is often an afterthought.  If you do not make building and growing your practice a priority by scheduling it into your daily calendar and then “live and breathe” the concepts, how do you expect progress to be made, by you and other team members?

2. Develop cash flow budgets and projections are imperative so that you would have something to measure progress by. Businesses run with numbers. Law firms are no different. When creating a marketing plan, be as specific as possible. Set concrete goals as such as below:

  • Increase employment law cases by privately-held businesses cases by 15%
  • Acquire at least one new client each quarter with billings of at least $90k per quarter.
  • Increase revenue per existing top five clients by 20 percent

3. Creating metrics to measure the success or failure of your plans and activities against projections developed in number 2 is an ideal way to track your marketing initiatives by results achieved. Items such as response rates, average new billings per new clients, average billings from repeat work of existing clients…etc.  Do you have any written metrics and do you constantly monitor them? If not, this is a critical component for measuring success.

4. Assemble the right team.  Get the right people “on the bus and the wrong people” off the bus.  If your firm is full of worker bees, you will be challenged to produce marketing results.  However, if you support and empower those lawyers who are motivated to become a producer, a rainmaker, you are more likely to have a stronger marketing focus and better marketing results.

5. Retain professional training.While many lawyers “think” they know what to do, and they may, most do not know “how” to engage in high impact business development endeavors successfully. Effectively marketing and promoting a law practice ain’t what it used to be. Gone are the days when deals are just a handshake away and a matter of spending the afternoon on the golf course.

Seeking outside support to fully learn, from soup to nuts, the sales process, how to efficiently fill your pipeline AND persistently track your sales (i.e. new client engagements) are things that do not materialize from amorphous. Retain a professional trainer/coach and you will never go back.

6. Set a clear and powerful direction.  It is a powerful exercise to have regular meetings with your team to cultivate a marketing culture within a firm and to outline the marketing expectations.  Team meetings can serve multiple purposes of parlaying business opportunities, sharing knowledge, and achieving positive marketing results.

7. Turn up the focus dial. Most likely, if you do not focus like a laser on identifying targeted clients, markets and niche areas of practice, you will likely become discouraged and ease up on your marketing commitment. Thus, it is imperative to narrow down exact targets so you know who you are looking for. An example of this for a construction litigation practice may be commercial developers on the East Coast with revenues between $50-150 million a year. That description will narrow the companies you are looking for and are simple to find with basic online market research.

8. Assemble the marketing tools. Having the right tools is essential to ensuring you derive the most out of your marketing strategies. Tools are no longer limited to printed brochures, email and promotional items. Video, social media networking, SMS texting, webinars, podcasts, and creative interactive websites can also be highly effective, depending upon your marketing goals and objectives. The increase in marketing tools equates to greater options in your toolbox. It also means that selecting the right tools is more important than ever.

9.Invest in the right things.  Decadent offices, random acts of lunch, and token “shotgun” expenditures in the name of marketing do not attract new clients. Invest instead in strengthening relationships with key clients, communicating to existing clients and prospective clients how you are improving their businesses and/or personal lives.

10. Action, Action, Action. One of themost impactful ways you can be more strategic in your marketing planning is simply to execute on the plan. Marketing must be an integral part of your business, not a “set it and forget it” aspect of your business. In order to ensure that your marketing plan succeeds, you must be actively engaged in working that plan.

The means by which to instill a more strategic approach to your marketing are vast. Reiterating my mantra that marketing success comes with “consistent, persistent massive amounts of action over a prolonged period of time”, all the strategic marketing spokes (Internet marketing; communications program; reputation management, etc.) must be moving forward at the same concurrently. Anything less and the wheels just spin.

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10 Insights You Want to Gain from Your Social Media Monitoring

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If you are participating in social media for your law firm, you should also be monitoring whether or not your time investment is paying dividends.

Social Media Insight

You should be creating Google Alerts or searching on Social Mention for the name of your law firm and the names of your attorneys at least once a month.  Create alerts for the areas of law you practice as well.  The social media blog site Buffer recommends you keep these 10 insights in mind when reviewing your results:

Sentiment — Are mentions generally position, neutral or negative?

Questions — Look for questions people may have that you can provide the answers to in your social media posts or blogs.

Feedback — If you see feedback on Avvo or Yelp or some other site that directly affects your firm, you need to listen and respond appropriately.

Links — keep track of who is retweeting or reposting your content and keep track of who is linking back to you.

Pain points — absorb what people are talking about online that is of concern to them and use that information to inform your future posts.

Content — this is where your alerts for your practice area come in handy.  Use these to mine for topics of interest to your target market.

Trends — recent court decisions or trending news in your practice area should be included in your posts so it is clear you are on top of all the trends.

Media — journalists spend a lot of time online so pay attention to the areas they are covering that might provide you with an opportunity to reach out as a spokesperson on those subjects.

Influencers — are there certain individuals who keep popping up in your feeds?  They may be someone it would be advantageous for you to know as an industry influencer.

Advocates — monitoring is a great way to find and recognize those people who are talking positively about you online.

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Making These 3 Errors in WordPress Makes Your Law Firm’s Blog Less Effective

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Here are three common WordPress mistakes that will make your legal website less effective than it should be:

  1. Posting content that is not unique, engaging or well designed. Unstructured information, filler materials and overly general articles do not motivate a user to interact with the site. Your goal should be to create content that users want to share or bookmark or research further by following your in-text links.
  2. Getting caught up in finding the perfect WP template and design. Many inexperienced website authors expend all their energy before even considering content development. A lot of sites use generic content that reads like it was added as an afterthought. It is hard to schedule time to generate good content but when most people say, “Oh, I’ll come back to improve that later,” they never do.
  3. Failing to design each page for its intended purpose. Out-of-the-box WordPress themes use similar forms and sidebars on every page. It is important for the design (as well as the content) to serve the page’s purpose.
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