The Accountants Marketing Toolkit

To some extent, the introduction of GST in Australia disguised the need for accountants to market their practice. The extra work created by GST and quarterly BAS's still finds many accounting firms very busy with little spare capacity. It's therefore no surprise that marketing is on the bottom of most accountants 'to do' lists. Having said that, being busy in accounting doesn't necessarily translate into profit or a hgher practice value.

Buyers logically gravitate towards the more profitable firms and away from firms that are flat lining or in decline. So, how is it that some firms have an annual growth rate in excess of 20% per annum (see Marketing Case Study) and others are flat lining? Principals and partners constantly complain that they can't attract the right type of client or they simply don't get enough client referrals. Firms that struggle to get referrals generally don't know how or when to ask for the referral and hope satisfied clients will simply refer their friends, family and small business colleagues. Hope is not an effective marketing strategy. Unless you have a system to drive referrals to your practice, your word-of-mouth business is probably going to be random and unpredictable. Imagine if you had a system that proactively encouraged referrals so that 1 in 5 of your current clients gave you a referral every year? What about if those referrals were your 'ideal' type of client?

Successful firms define marketing as the process of promoting their full range of services to their clients and prospects. Being a 'process' it follows logical steps and is supported by a number of tools that remove the uncomfortable 'selling' feeling when asking for a referral. They also recognise the fact that the internet has transformed the way we communicate and do business with our clients. They are focussed on strengthening client relationships and building their reputation so they get a consistent level of referrals. Importantly, they understand marketing is an ongoing process not just an ad-hoc event and all their business resources play a role in marketing - from the staff, right down to their letterhead, business cards, website content and the reception area.
 
The accounting profession is constantly changing and firms can no longer rely on a single 'rainmaker' to hunt and then feed the rest of the firm. Everyone must become involved in growing the firm. The truth is, marketing should never have been off the agenda and you need to constantly appeal to the next generation of younger clients. If your client demographic is mainly the over 50's you might find the buyers gravitate away from your practice when it's time to sell.
 
The Accountants Marketing Toolkit gives you the strategies or 'what to do' plus it provides you with the 'how to do' including over 50 tools, templates, letters, PowerPoint presentations, brochures, sample website content and software programs on a CD. The kit contains everything you need to attract a record number of client referrals and build a marketing plan for the future. Some key sections include:
  • Your first marketing priority is to focus on client retention rather than client acquisition. Too often accountants spend time 'rolling out the red carpet' for new clients at the expense of their existing clients and the kit is full of strategies and tools to help stop any leakage.
  • First impressions count and the initial contact with a prospect could be your last. The kit provides a range of purpose built materials for your reception area including a PowerPoint slideshow that showcases your range of services together with templates for your firm brochure and a welcome kit for new clients.
  • A website is a necessity for any practice wanting to compete in the 21st century. You'll learn why it should be your marketing hub and the content needed to make your site a marketing, recruitment and referral magnet.
  • How to attract that illusive 'ideal' client with 12 proven referral strategies that are supported by a range of purpose built tools to help you with implementation. For example, if you intend targeting niche markets (business start-ups, tradesmen or clients buying a negatively geared property etc.) there are a range of tools and templates plus a list of websites that you need to build inbound links to your website.
  • Your marketing efforts should broaden and deepen the services you offer your clients. You'll discover what clients really want and the software you can use to bridge the gap between compliance and consulting. The kit details some extra services you can bolt on to the practice and how to raise awareness of these services.
  • The 4 ways to grow your business with a look at some of the must have processes and corresponding tools and checklists to improve your efficiency and profitability.
  • The marketing essentials guide including brand development such as your letterhead, logo, slogan, newsletters, practice brochure, with compliments slip and business card. The kit includes templates and guidelines in all these areas.
This comprehensive toolkit is unique and has been specifically developed for public accountants looking to grow their firm and attaract a better quality clients. We know the tools and techniques work because the firms using them report record levels of referrals and growth.

The first print run of the Accountant's Marketing Toolkit sold out and we are currently updating the contents to include more than 100 new pages with sections dedicated to websites and social media. The toolkit should be re-released in 2012 but to register your interest and receive more details the moment it is available click on 'Order Product' below.

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The Accountants Marketing Toolkit