Benefit Statement
Tip #2-11, Nov. 2002
Reality

A service business needs a clear benefit statement that is truthful and relates with your brand. Professional advisor businesses can be ethically too humble when the old habits and ethics keep them from stating what is good about working with them. Why make such a big mistake that is no longer culturally sensible?

When people cannot see what you are really offering, words matter. Words are the essence of a professional advice business.

You must get your claim in right up front. If you are "polite" about it and hide it in the third paragraph or don't state it all, your messageall of itmay never be heard or appreciated.

If your message is not seen or heard above the others vying for the customers' attention–if you can't be heard above the din of the crowd, the crowd will pass you by.

Try this: Look at a few web sites and notice what annoys you or fails to grab your attention. If a major claim or benefit statement is not viewed on the first screen, or the screen must be scrolled to get to the important claim, the message can be lost to the viewer forever.

Clarity

The objective is two-fold:

  1. to be clearly understood
  2. not to be misunderstood

Your writing must be crystal clear as to what you claim and how easy it is to corroborate. If you are writing a claim about your expertise, state what you know very well and how the prospect will benefit from it.

So many advisors get hung up on mission statements and taglines that they lose themselves in clever word-crafting and forget to make their main claim-the benefit statementthe strongest reason someone should work with them and the proof that they can deliver on that promise.

My personal example is a claim that is true and attractive to potential new clients:

My average consulting clientsfinancial advisors
double their profits in 30 - 48 months
through conscientious marketing.

I support this claim with a tagline that encourages the successful to seek help and a title that explains a bit about how I relate with my clients: You don't have to be sick to get better. The effect: someone who reads my title, tagline and benefits statement has an instant understanding that I coach and package financial advisors who want to be better…and that is the benefit…doing better.

Most people who are already successful want to maintain that success. They feel any changes might fail and jeopardize what they have. These few wordsYou don't have to be sick to get betterbegin to dispel enough of their concerns that they will start a conversation with me. Mission accomplished. We are discussing things of substance. How many conversations of substance do not happen that could by introducing a great, enticing benefits statement?

A mission statement focuses on what you do. A benefits statement focuses on what clients can get from you. It answers the questionright up front-What can you do for me? It is your claim, but it should excite people to explore your claim because it might benefit them.

To develop a clear benefit statement:

  1. Examine your data; review your expertise; question your ten best clients and see what really makes you special to them.
  2. Craft a claim you can back with evidence. Hone it to be absolutely clear.
  3. Put it up front in your resume, brochure and anywhere else appropriate.

This is not hubris. It is truth spoken aloud. The burden of proof in a cluttered, competitive marketplace rests with you.

Happy Marketing! It's not just about selling anymore.

Questions? Email jhmco@melchinger.com

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Happenings...

Introducing ELP-Enhanced Lifestyle Planning. If you are an advisor and want to demonstrate that you actually give good counsel and advice, try this. This non-financial questionnaire for clients and prospects might be the answer to your prospecting needs. If you are in management, this may be the high truth/low cost recruiting tool that separates the wheat from the chaff. Go to www.melchinger.com and click on the Enhanced Lifestyle Planning tab.


My website is 90% through its re-construction. The ease and speed of getting around is a bonus, but the "three clicks to anything" is the best feature, I believe. Check out the first page (hover and click) and the new Contents page. There's more to see than you can in one sitting.


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This newsletter is designed and distributed by Kirk Lowe of Freedomarketing (
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The Marketing Coach™

You don't have to be sick to get better!
Copyright © 2002 JHMCo. All Rights Reserved. Designed by Freedomarketing.
 
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