Marketing Ideas from Practical Accountant

Marketing Ideas from Practical Accountant

Source: Practical Accountant

Following are ideas found in several articles:

  • Set profit standards and accept only those clients that meet them.
  • If current clients don’t meet them, their fees should be raised. If they can’t be serviced under the new fee arrangement, help them find another CPA firm.
  • Every marketing initiative should be evaluated in terms of the probability it will:
    • Reach prospects who will produce high realization rates and provide good referrals.
    • Develop high-quality referral sources.
    • Cross-sell services.
    • Boost the firm’s image.

    For details on the above, click on the following link: http://www.webcpa.com/article.cfm?articleid=16441&;pg=pracacc.
     

  • Market the idea that your firm is well networked to resources that can solve a very broad spectrum of business problems. If your client, or prospect, has a problem, he or she can make a networking call to you.

    For details on the above, click on the following link:
    http://www.webcpa.com/article.cfm?articleid=16398&;pg=pracacc.
     
  • Let other organizations do marketing for you by:
    • Putting your brochures in their reception rooms, including your literature in their mailings, or distributing them at meetings they attend.
    • Getting invited to attend meetings they attend.
    • Getting them to endorse you on audio or videotapes.
    • Asking them to arrange meetings with prospects, rather than just giving them your name.

    For details on the above, click on the following link: http://www.webcpa.com/article.cfm?articleid=16396&;pg=pracacc .
     

  • Create an alumni network. Rothstein Kass, of Roseland, New Jersey, has set up a Web site that, among other things:
    • Keeps alumni informed of member news.
    • Announces upcoming events.
    • Presents professional opportunities.
    • Facilitates communication among alumni.
    • Posts job opportunities.

Source: Practical Accountant, December 2005. For the complete articles, click on the following link: http://www.webcpa.com/article.cfm?articleid=16395&;pg=pracacc.