What do you do when employers aren’t buying?

What do employers get from you?

Give me more than qualifications!

Something that happens a lot these days is that workshops which have been set up to help employers and to promote employer engagement activities are cancelled.

The reasons given are easy to recite:

  • Not enough time
  • Can’t spare the staff
  • Workshop/seminar/programme not really relevant.

Most colleges and learning providers can add another item to the list:

  • No money.

Is there any money around?

There’s an easy answer to this.  There’s always money around.

If a business wants to buy something and can see the benefit of doing so, the money is found.

We have just completed a £5000 + business mentoring programme with a sole trader.  That’s right a one-person band.  I promised her that in the worst case our interventions would be cost-neutral.  That is she would make back the £5000 before the end of the four months she would be working with us.  I also said that I expected her to make three or four times more than her investment with us over the six months which followed.

By the time she had been working with us for six weeks she had gained £14,000 of new business that she said she could not have gained without our help.

Therefore, she is very happy to spend £5000 + VAT with The Adams Consultancy Ltd.  She made huge gains for her business.

What do employers gain from your workshops?

It’s easy to remain in the comfort zone and sell skills, development, training qualifications and the like.

In difficult financial times people want more.  Employers want more.

Employers want to know how their business – or their organisation – will be improved as a result of their investing in providers’ programmes.

If you want employers to come to your workshops, ask the question that they will ask:

“What’s in it for me?”

If the answer is skills, development etc, then today that might not be enough.

Review your sales literature

Take a look at how you promote your workshops to employers both online and offline.

What else, other than skills and qualifications, are you selling?

To make the sales these days we all need to sell a lot more than development.

How do you feel about this prospect?

 

Finding New Business

Doorknob

Will those customers come inside?

Finding new business takes time. It’s also an essential activity.

Four posts that you might find interesting address the task of finding those new clients.

How to find more new business for your professional services buisness (1) – The challenges

How to find more new business for your professional services buisness (2) – A simple solution

How to find more new business for your professional services business (3) – The long term solution

How to find more new business for your professional services business (4) – Spare a thought for the IFAs

 

Business Networking – Time well spent

Bullseye

Are you bringing in more business?

Business networking is bringing in the business.

All of my company’s new business in recent months is coming as a result of networking.

However, I’m not talking about the sort of networking one does whilst standing around with a coffee cup in one hand and business cards in the other.  I’m talking here about using social media for networking and building up your reputation on-line.

Today, every one’s on-line and so on-line business networking is becoming more and more important.

These days 23% of time spent on line is spent on social networking sites.  That means your customers, and if they have any sense, your competitors, are spending more time on the social networking sites.

I know I am.  I write weekly tips on copywriting on one of these sites: Smart Copywriting Tips For Smart Businesspeople. On another of the on-line networking sites I’m the administrator of a Blogging for Business forum.

Both of these roles allow me to demonstrate my expertise.  I play to my strengths.  I write a lot.  I blog a lot.  I teach people how to product better copy for their on-line and off-line promotions.  I teach people how to use their blogs to bring in business.

Thus, whilst I’m spending quite a bit of time on these forums, I’m getting sign ups for:

  • My newsletter
  • My Social Media MOTs
  • My Social Media teleseminars
  • My high value Social Media Coaching programme.

I’m getting the business without doing any sales pitches and without doing those endless rounds of networking meetings and costly one-to-one follow ups that can so easily fill up the diary.

Since the USP I promote about my business is that I help expert businesses to shorten the sales cycle, this all works well.

So how can you make more use of social media networks and forums?  Here are some valuable tips.

  • You could be ahead of the game if you jump in and produce a social media networking strategy – before your competitors do so.
  • You could allocate time and create a set of targets for your social media networking activities.
  • You could cut the cost of new customer acquisition by building your reputation in this relatively easy way.

Let me know in the comments section how you’re using this type of networking to bring in more business.

Better Employer Engagement – Building your list!

I’m regularly asked by senior managers in provider organisations if they should buy a list of employers who they will then cold call.

I have only one answer to this: “No.”

A list that you buy is an unknown quantity. It is probably differentiated in various ways, location, size, sector and so on, but that’s all.

Whilst these are interesting distinctions, they are not the most important ones. People won’t buy from you just because you’re local.

Employers, just like every one else, will do business with those they know, like and trust. It’s your job to build a list of people who like you and what you can do for them. Many of them will then go on to become your customers.

This means your list needs to be an “opt-in” list. You need a list of employers who have chosen to get just a little bit closer to you.

Do you have this sort of list and how do people join it?

In the first place, you must have a mechanism for creating your list and for adding people to your list. We have two lists that you could join. You find one on our Achieving the TQS blog. The other you find on my Margaret Adams site. They are targeted at different market segments, so I need a different list for each of those segments.

People who sign up undertake a “double opt-in” activity. That is, when they sign up, they are sent an e-mail via an autoresponder that invites them to confirm their interest in the newsletter/updates.

You have to make an active choice to join my lists. That means you are more likely to be interested in the proposed content than someone who has just been sent the newsletter because, somehow his or her e-mail address has come into my possession.

A list built around a double opt-in process is a good list.

If you build your list around a double opt-in process, you will build your list most slowly than if you bought a list, but the quality of your list will be much higher.

That will make your list a better list.

How do you encourage people to sign up?

Well, there are lots of ways of doing this. However, it’s all about giving them something of value in return for their permission for you to contact them.

So what could you offer?

Some suggestions include: the promise of interesting and useful content, free reports, discounts, early knowledge of new products and services, exclusive offers and so on.

The most important point is that whatever you offer must be something your readers value.

Doing this will help you to build your list.

We offer a special report called: “Bridging the Funding Gap” to our FE subscribers. We follow it up with a series of activities built around the content.

You can sign up for this newsletter at Achieving the TQS.

With my newsletter for consultants, organisations delivering professional services and anyone with a complex service offer to sell, you can ask to get weekly updates from me.

You will also receive my Social Media Healthcheck.

This is a self-assessment activity aimed to help organisations work out just how well they’re doing with social media.

You can sign up for these updates at:

Margaret Adams – hints, tips and more

Why do businesses create lists?

Building your list is the first stage on your journey to success with employers. Remember that in sales there’s an old adage that the money is in your list.

It’s true. That’s why businesses spend so much time creating their lists and then growing them.

It takes years to build a good list.  That’s why it’s important to start sooner rather than later.

If you’d like to join either or my lists, you’re most welcome to do so.

How do we deliver our newsletters?

I certainly don’t do all the work myself. I use a third party professional service to deliver all our newsletters and to manage our autoresponders.

We use Aweber Communications.

We like their service and have been using them for more than a year.

We have now become an affiliate, so the link below is our affiliate link.

Aweber Communications

If you receive either of our updates you’ll have experienced the Aweber service firsthand, so you’ll already know a bit about our supplier.

Your list of employers – next steps

Keep growing your list but make sure you only add people to your list who want to be added.

The best way to do this is to get them to opt in to receive information from you themselves.

If you want them to opt in, you’ll need to provide them with something of value.

Think carefully about what this will be.

Building Buzz For Your Offer

I’ve been spending a lot of time working with clients in the private sector over the last few months.

We all know there’s less money in the public sector at the moment, so it’s important to have clients in a range of sectors.

To help to launch a new programme: Social Media For Your Business

I produced a Social Media Healthcheck.Social Media Healthcheck

The healthcheck is free which is something that people always like.

The healthcheck is simple to use.

The healthcheck is proving to be popular with my existing customers and with people they are telling about it.

In fact, word of mouth marketing is filling up the programme quickly.  (I’ve decided to limit it to twenty slots before I close registrations, upgrade the programme and raise the price.)

Of course,  social media is  a topic that lots of people are interested in right now.

It’s a topic that lends itself to quizzes, self-assessments and tests.   People always love these.

So what formula have I used to develop so much interest over such a short space of time?

Social Media Healthcheck

The formula for the healthcheck is:

  • twenty questions
  • thirty points
  • advice on what to do next
  • an invitation to work with me.

People find out about the healthcheck by:

  1. visiting my website
  2. following me on Twitter
  3. shaking hands with me at networking events
  4. listening to me when I speak at an event.

They also hear about it when others tell them how good it is.  That’s what building buzz is all about.

Thinking about your own business

My question for you is:

Have you been building buzz for any of your programmes this autumn?

It’s a great way to drive sales.

Want to know more?

You can get your own copy of my social media healthcheck by clicking on the highlighted term.

You can learn more about our Social Media For Your Business programme by visiting the reglistration page.  Click on the programme title above.

Is there any more government funding for FE?

The public sector is spending less and is destined to curtail even more of its spending over the coming years. As a result FE is facing some enormous challenges.

Grants, special funds, development programmes are all under scrutiny.

What can you do if you rely on these funding sources for a significant proportion of your organisation’s income?

Here are three tips to help you to decide how to manage your approach to employer engagement for the future.

Employer engagement – ask what if ..?

What if all the grants and discretionary funding disappeared?

What would you do?

  • Would you choose to downsize your business with employers?
  • Would you focus on the 16-18 provision and breathe a sigh of relief that apprenticeships are still there?
  • Would you look to expand your work with private sector significantly?

There are clear choices to be made and the ramifications of those choices are immense.

The most important thing to do now is to think about the future. In which direction will your organisation travel? Do this thinking now and you will be ready for the future when it arrives.

Employer engagement – behave as if …..

You’ve probably heard the statement:

“Don’t worry, it may never happen.”

Try instead behaving as if it already has happened.

The funding mechanisms have changed. You’ve out there in the commercial world, looking for business. Aiming higher now means aiming to achieve higher income targets in order to survive.

  • How big an income could you hope to generate?
  • How much venture capital would you need to make a success of what you want to do?
  • Which programmes will you need to cut – because they’re not viable?
  • Which programmes will you need to develop – because employers will pay for them?

For the moment, before the worst has happened, think about a world with much less funding and start to establish which programmes could survive in the commercial world and which will sink without funding.

Plan for a different future

Make no assumptions when you plan for the future.

You’ve heard of zero-based budgeting, that is planning a budget where all expenditure has to be justified. Do the same with your employer engagement planning. Assume there are no protected budgets and that you need to re-examine everything you do.

This is not just about reviewing programmes. It’s also about reconsidering staffing and other resources. It’s about re-assessing what you are trying to do and building a new structure for your work with employers accordingly.

It’s about creating a new employer engagement strategy designed for a new world.

How does your future look?

Challenges confronted are already on their way to being met. Lots of provider organisations are still not ready to think about radical changes to how they do business with employers.

Following the advice here will mean you have already begun to plan for the future and to plan realistically. You’re starting to consider just how important government funding is to you and what you can achieve without it.

You’ll be more likely to profit, survive and grow because you’ve thought about the future sooner rather than later.