One of the biggest marketing challenges facing financial advisers today is standing out amidst all the noise coming from blogs, social media posts and other digital activities. It’s not easy at all to connect your content with your contacts. Instead it takes a lot of effort for you to achieve your target audience recognising that you’re talking specifically to them, when they read or watch some of your content. So what can you do to increase your chances of achieving this higher level of engagement?
Know who you want to talk to
The first step is to know who your target market actually is. While you might be happy to actually do business with most people, it’s nigh on impossible to target everyone unless you have an insanely large marketing budget. Instead you need to be crystal clear about who your ideal client is – this may be business owners, people of a certain age, people of a certain occupation or maybe people of a certain level of wealth.
It’s then useful to work out the general characteristics of these people – we call this their persona. This will help you to really understand them as a segment of the population. This persona might include;
- The demographics of the group
- Their typical personality and what’s important to them
- What their goals and challenges are
- Where the opportunities might be for you to connect with them
- What are the barriers that you might need to overcome
- Where they get their information and where they buy
- What sort of tone is likely to engage them best
Now you know who you want to reach…
Speak to your target market
This is a really critical step. Now that you know who you want to reach and the sort of messages that might land with them, write or record with these people specifically in mind. Make sure that they clearly see from the outset that you’re writing with them at the forefront of your thinking, that you are really tuned into their world. To help you do this, use suitable imagery too. If you want your images to really pack a punch, stay away as often as you can from stock images. If you can possibly use your own bespoke imagery of real people, this is hugely powerful.
Rather than setting out all that you do, speak to your target market about themselves. Write about their challenges, their specific financial issues and how they can make money work for them, as opposed to writing about what you do. You want them to read or hear your content and be able to quickly relate it to their own situation. As you are the person who is “joining the dots” for them, you will likely be the first port of call as they seek out more information.
Become the “go-to guy/gal”
The final step is to try and cement your position as the expert in the minds of your target market. In building on both of the earlier steps, this one requires another attribute – commitment. Nobody becomes a recognised expert overnight or as the result of a single brilliant piece of content. It takes tenacity and resilience, pushing content regularly out in front of your audience and demonstrating your value on an ongoing basis.
Very few people will see or hear all of your content, they are more likely to pick up snippets over time. So you need lots of snippets… all carefully crafted with your target audience in mind. These are the hard yards, but if carried out well on an ongoing basis, they may be the most valuable marketing steps that you take. If you’re not going to be able to produce the level of content required, get help from someone who can.
Know who you want to reach, focus your attention on them and go after them relentlessly. These are the ways of standing out from the crowd and unlocking your access to your ideal clients.