Content marketing: the key to becoming a top producerArticle added by Greg Preite on June 10, 2014
Joined: December 11, 2012
Ranked: #86 (846 pts)
Financial advisors face a unique challenge when it comes to marketing their services. As you've probably noticed, people these days tend to be a bit defensive toward advertising in general. And when it comes to trusting their hard-earned money in the hands of another? You're attempting to row upstream without a paddle if you try to convince someone that they should choose you to manage their retirement savings.
Yet, as you are well aware, you do have to market yourself, but carefully and creatively, so that you don't turn off the very people you hope to attract. You need to sell without “selling,” and this is where financial advisors can utilize content marketing to improve their marketing results.
What is content marketing?
Content marketing is a strategy by which you consistently create and distribute information (content) that is valuable and relevant to your intended audience. The idea is to communicate with your clients and prospective clients without the intention of selling them anything. The focus is placed on your audience and developing a relationship with them, rather than making blatant attempts to herd them through your office doors.
How does that work?
What we know about consumer behavior is this: People buy products or utilize services from companies that they know, like and trust. If you're hoping to convince someone to use your services, thinking that you'll then teach them to trust you by doing a good job, you're going about the process backwards. Prospective clients need to first trust you, and then they will want your services.
Content marketing helps you to establish that trust and in doing so, leads your prospects to deciding on their own that they need the services you provide. In the process, your willingness to provide this information at no charge builds your credibility.
How do I utilize content marketing to grow my practice?
You’re probably already using one form of content marketing in your practice. If you have ever hosted a free Social Security seminar, then you have conducted offline content marketing. Think for a moment how this process transpired:
Your online content marketing efforts take on the same action steps and goals. Through clever use of your blog, social media platforms and email, you can accomplish many of the same results as a live seminar. Major differences, however, are the fact that you can outsource this task to professionals in order to leverage your time and your online efforts can reach far more people and be more cost effective than most forms of offline marketing.
- You identified an audience and developed a program (content) that was valuable to them.
- You invited people to attend without charging them.
- You didn’t try to “sell” them anything, but rather provided value that was intended to make the audience come to their own conclusion that they need your service. This fostered a relationship and customer loyalty.
- Bonus: At the seminar, you gathered contact information such as phone numbers or email addresses and now you can pursue
further contact with them.
If you’ve ever found yourself wishing for better results from your website or social media tools, then a strong content marketing campaign is the logical next step.
Stay tuned for future articles on this topic to learn more about starting, maintaining, and evaluating your content marketing efforts.
See also: How Ron Burgundy won content marketing
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