Thursday, July 18, 2013

Essential Information Regarding Marketing For Financial Advisors

By Dr. Len Schwartz


People must have a financial issue that they could not take care of or need advice on the proper way to go about it. This is where consultants of finances come in. Although the potential customers are many it is important to also keep in mind that the service providers are also as many. However it is not that simple to separate yourself from the competition and this calls for unique strategies when marketing for financial advisors services.

As a professional you should ensure that you are well learned in your field. Experience is also important; you should have a mentor to share their experiences with you, this will push you up a notch. Apart from the obvious, it is important that you focus on the little things when promoting you services. As much as you should put money on the process, be creative and a little unique.

Many people promote their business by advertisements that do not grab the attention of the targeted audience. You could send emails, regular mails et al to a person who ten months later still does not know what it involves. This can be taken care of by talking of something your targeted audience can relate to. For instance you can talk of avoiding excessive taxes, everybody can relate to this.

Success stories are also important for selling your services. Only the stories of people with clean and realistic biographies should be used. People relate more with others if they have a common ground with. Also the featured biographies should be fully honest ones. These can be posted in your website if they are not already.

You could also motivate those who have been with you long enough and have succeeded in that which they have been pursuing. For instance if one of your clients has a problem with risk taking and investing you can buy them a book on how to be a smart risk taker or pay for them to attend a seminar on the subject.

You can also motivate people with gifts when they achieve a feat they deemed impossible. For example if they had a problem with taking risks and investing their money and has with your help taken care of that problem you can congratulate them by sending them a book on the topic. This will not motivate them to continue with your consultancies but will also see them advice their family and friends who have the same issues.

You could also congratulate those who have made a positive step with their investment or spending habits. For example if a client who previously had a problem with taking risks in investments undertakes such a venture you could by them a book concerning the book. No matter how small the act may be it will be appreciated more than you think. Pleasing the clients is advertising you through their mouths.

It is important to separate yourself from everybody else. This will not only get you more clients but will also ensure that you save the clients from under qualified service providers. Use unique strategies in the marketing for financial advisors.




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