Today I’m running a sold out marketing seminar for a group of MSP owners. It’s called The Ultimate Marketing System.
How can I justify calling it that? Well, it’s based on the last couple of years working with a large number of MSPs on their marketing.
And at the heart of the whole day is a piece of marketing strategy that goes against how many MSP owners get new clients.
These methods don’t work any more
See many people still spend money on some of the old fashioned marketing tactics.
They can sometimes get you new clients. But they’re not efficient, and don’t deliver a good Return On Investment (ROI).
- Adverts in magazines and newspapers
- Sponsorships of events and roundabouts
- Yellow Pages (yes, they’ll still sell it to you, if you’ll still buy it)
All of these marketing tactics, and many more, are known as interruption marketing. Because they interrupt someone who’s trying to do something else.
No-one reads a newspaper for the adverts. The adverts interrupt someone trying to read the news.
This is why interruption marketing is highly inefficient. It requires volume to work.
Interruption marketing worked just fine in 1989. But not in 2019.
The proof of this, is how advertising spend has flown away from the traditional media over the last 15 to 20 years.
This is the easier way to get new clients for your business
The best time to catch someone’s attention is at the point they are looking for a new IT support company.
Sounds obvious. But you’d be surprised how many MSP owners ignore this core principle.
You see, we all have a section of our brain called the Reticular Activating System (RAS). It has several functions – the one most useful to marketing, is that it acts as a relevance filter.
If you had to consciously deal with every single piece of information received by your senses, you’d be completely overwhelmed. So instead your RAS filters it for you.
The best example of this is cars. You decide today you’re going to buy a blue BMW 5 series. And then you go out for a drive.
What do you see, everywhere? Blue BMW 5 series!
You say to yourself “wow, they’re more common than I thought”.
Actually, they’ve always been there. You just didn’t perceive them before.
Your eye sees a Mercedes E-Class. It reports it to the RAS. Which decides it’s not relevant to you and discards the information. Then your eye sees a BMW 5 series. The RAS knows this is relevant to you, and delivers the information to you.
I love Teslas. I can be doing 70mph down the motorway, chatting to my family, and will suddenly spot a Tesla going the other way just using my peripheral vision. It’s incredible when you realise your RAS is scanning EVERYTHING all the time.
This explains why interruption marketing doesn’t work. People’s eyes see the adverts… but they don’t perceive them.
This is why targeting everyone in town is a waste of money. Instead you should think 10
Today there are 10 people looking for a new MSP in your town. Tomorrow, there are 10 different people. The day after, another 10 different people.
I’ve made the number up. But the principle is sound. Every day new people open themselves up to looking for a new MSP.
This is why you must do marketing 7 days a week. In a way that reaches those 10 new people every day.
Make your life hard: Blast a message out to everyone hoping to catch people at the right moment
Make your life easy: Put your business in the way of the 10 people who are looking today for what you do
Of course, the big problem is that you don’t know who these 10 people are every day.
You could just use pay per click adverts on Google. But the cost has risen dramatically; the competition has increased; and the ROI has dropped. For most MSP owners it’s not the route I recommend.
Instead, I suggest a three step system that allows you to stay 100% in control of your own marketing.
This is a very powerful marketing strategy.
Because it’s a long-term one. Every £1 you spend building audiences today, will continue to deliver results for you for years.
In my last business I spent at least £120,000 building an audience of 12,000 people. That was a one off cost (spread over a couple of years). Then I mined the audiences for a significant level of revenue for years afterwards.
Once someone’s in your audience, you have multiple bites at the cherry. You’re there in front of them as often as you follow them up (more on that in a minute).
And that means that the day they wake up and are ready to pick a new MSP, it’s dramatically more likely to be you.
1) Quality traffic
Ask yourself who you want to reach. And where do they hang out?
You will need to invest resource into traffic – either time or money. Focus your efforts into getting traffic from 3 to 5 sources, rather than scattergunning over 10 or more.
A few you might look at:
- Other people’s Facebook groups (local business organisations)
- Local news and blogging websites
- Local events
- Direct mail
- Related businesses (i.e. business relocation, accountants etc)
2) Build multiple audiences
What’s an audience? It’s a bunch of people who have chosen to listen to what you have to say.
It’s very easy to do this today. For MSP owners I recommend 3 audiences:
- Email list: People who have chosen to give you their email address. You will need some kind of data capture on your website, with an ethical bribe to swap for their contact details. Such as a guide or report. Shameless plug: My MSP Marketing Edge service gives you a new ethical bribe every month, plus an entire book about the 2020 problem you can re-publish as your own
- LinkedIn followers: Build a following as a person, not a business. You might find it worth subscribing to LinkedIn’s Sales Navigator service. And there are automated tools you can invest in, like Leonard and DuxSoup. Just be careful with these tools… there might come a day when LinkedIn finds a way to detect their use, and punishes the users
- Facebook group: Your Facebook page gets a lot less traffic than it used to, thanks to algorithm changes. A Facebook group is a more powerful way to build a following.
Consistently follow them up
Understand this: The reason for following up people is to build a relationship with them, before they’re ready to buy.
Most MSPs just build relationships with their clients. I say build relationships with your prospects too. The technologies that are routine and easy make this a pleasure, not a chore.
The best follow up is teaching. This is about generating educational content. You assume that people in your audience don’t know what you know, and so you teach them.
Just make sure you educate at the level of the layman. And don’t talk tech… what’s fascinating to you, is very off-putting to normal people
The best content comes from the questions that normal people ask you every day. Just answer those.
And remember that mix means variety – do an article this week, a video next week and an infographic the week after.
How to win
Understand this: The MSP that builds the biggest list, builds the best relationship with that list and markets it the most, typically wins.
It’s not rocket science. It’s about having a great strategy, and consistently implementing it, week in, week out.