About Philippa Kennealy

 

philippa.jpg

Philippa Kennealy MD MPH CPCC PCC is The Entrepreneurial MD Business Coach who wants to help you build your business!
meet Philippa>>>

Subscribe to our feed
Click here to subscribe

Or enter your email address here, and you'll get new posts delivered via email:



Powered by FeedBlitz

Subscribe to our newsletter
First Name* 
Last Name* 
Email* 
Please enter the Security Code shown below:
n/a
Blogs? Podcasts?

What the heck is a blog anyway?

How do I listen to a Podcast?

**********************

Search this Site

 

Enter your search term below:

Recommended Books and Programs
  • The E-Myth Revisited
    The E-Myth Revisited
    by Gerber, Michael E.
  • Get Slightly Famous: Become a Celebrity in Your Field and Attract More Business with Less Effort, Second Edition
    Get Slightly Famous: Become a Celebrity in Your Field and Attract More Business with Less Effort, Second Edition
    by Steven Van Yoder

    A must-read for all business owners

  • Made to Stick: Why Some Ideas Survive and Others Die
    Made to Stick: Why Some Ideas Survive and Others Die
    by Chip Heath, Dan Heath

    How to create unforgettable messages

  • E-Myth Mastery: The Seven Essential Disciplines for Building a World Class Company
    E-Myth Mastery: The Seven Essential Disciplines for Building a World Class Company
    by Michael E. Gerber

    Implement the E-Myth business habits

  • Duct Tape Marketing: The World's Most Practical Small Business Marketing Guide
    Duct Tape Marketing: The World's Most Practical Small Business Marketing Guide
    by John Jantsch

    Just what it says it is!

  • Never Eat Alone: And Other Secrets to Success, One Relationship at a Time
    Never Eat Alone: And Other Secrets to Success, One Relationship at a Time
    by Keith Ferrazzi, Tahl Raz

    Masterful networking resource!

  • What Business Should I Start?: 7 Steps to Discovering the Ideal Business for You
    What Business Should I Start?: 7 Steps to Discovering the Ideal Business for You
    by Rhonda Abrams

    A practical approach to uncovering your biz idea

  • The Complete Idiot's Guide to Growing Your Business with Google
    The Complete Idiot's Guide to Growing Your Business with Google
    by Dave Taylor
    Fundamentals of being found on the Internet
  • Good to Great: Why Some Companies Make the Leap... and Others Don't
    Good to Great: Why Some Companies Make the Leap... and Others Don't
    by Jim Collins

    What matters in building a great business

  • The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich
    The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich
    by Timothy Ferriss

    Surprisingly practical for such a fanciful idea

  • The How of Happiness: A Scientific Approach to Getting the Life You Want
    The How of Happiness: A Scientific Approach to Getting the Life You Want
    by Sonja Lyubomirsky

    Practical implementable ways to create happiness

  • Mastering Online Marketing
    Mastering Online Marketing
    by Mitch Meyerson, Mary Eule Scarborough

    The nuts and bolts of Internet marketing

     

  • The New Rules of Marketing and PR: How to Use News Releases, Blogs, Podcasting, Viral Marketing and Online Media to Reach Buyers Directly
    The New Rules of Marketing and PR: How to Use News Releases, Blogs, Podcasting, Viral Marketing and Online Media to Reach Buyers Directly
    by David Meerman Scott

    Using blogs, podcasts, viral products etc to reach your target market

  • Concierge Medicine: A New System to Get the Best Healthcare
    Concierge Medicine: A New System to Get the Best Healthcare
    by Steven D. Knope M.D.

    The only book on the topic!

  • The Medical Practice Start-Up Guide
    The Medical Practice Start-Up Guide
    by Marc D. Halley, MBA and Michael J. Ferry, MPA

    A thorough guide to getting started in practice

  • Yes!: 50 Scientifically Proven Ways to Be Persuasive
    Yes!: 50 Scientifically Proven Ways to Be Persuasive
    by Noah J. Goldstein, Steve J. Martin, Robert B. Cialdini

    Encapsulates the best thinking about how to influence others

    -----------------------------------------

  • Finding Your Own North Star: Claiming the Life You Were Meant to Live
    Finding Your Own North Star: Claiming the Life You Were Meant to Live
    by Martha Beck

    Discovering what your Essential Self really needs

  • Are You Ready to Succeed? Unconventional Strategies to Achieving Personal Mastery in Business and Life
    Are You Ready to Succeed? Unconventional Strategies to Achieving Personal Mastery in Business and Life
    by Srikumar S. Rao

    From a business professor comes the teaching that has inspired hundreds of MBA students

  • Tribes: We Need You to Lead Us
    Tribes: We Need You to Lead Us
    by Seth Godin

    A fascinating look by a master marketer and future thinker about how clear messages and contemporary tools are enabling the much-needed formation of loyal followers - a leader's "tribe"

  • eBoot Camp: Proven Internet Marketing Techniques to Grow Your Business
    eBoot Camp: Proven Internet Marketing Techniques to Grow Your Business
    by Corey Perlman

    Read my review here.

  • Endless Referrals, Third Edition
    Endless Referrals, Third Edition
    by Bob Burg

    A networking classic that shares immensely practical information on how to build a network that really delivers!

  • Career Renegade: How to Make a Great Living Doing What You Love
    Career Renegade: How to Make a Great Living Doing What You Love
    by Jonathan Fields

    A must-read for anyone wanting to flee the fold and launch a new and different career.

  • A Whole New Mind: Why Right-Brainers Will Rule the Future
    A Whole New Mind: Why Right-Brainers Will Rule the Future
    by Daniel H. Pink

    Dan Pink's brilliant analysis of what skills are needed to thrive in the 21st Century in business.

Follow me on Twitter

BlogCatalog

Medicine Blogs - BlogCatalog Blog Directory

« A humorous goodbye to 2009 to assist in 2010 workplace reentry! | Main | A big perk of the job as a physician business coach... »
Wednesday
Dec302009

A physician business owner's marketing compass to kick off 2010

Those of you who have known me as their physician coach, or have read my blogs for a while know that I am a big fan of Robert Middleton of Action Plan Marketing. So it's with unabashed pleasure that I have "swiped" his entire lead article from his excellent newsletter this week, to help kick-start your marketing planning process for 2010 (he gives permission for this action!)

Think of this activity as setting direction with your marketing compass.

==========================================
The Marketing Plan Formula
==========================================

Last week I talked about time and project management, and three weeks ago about becoming clear about top priorities, so I thought today would be a great time to talk about planning.

The definition of Plan is: "A detailed proposal for doing or achieving something."

I've observed that when it comes to marketing, most of us don't plan. Instead we have vague wishes and goals of what we'd like to do. For instance:

    - Do more speaking

    - Start or complete a web site

    - Join organizations and do more networking

    - Start a monthly email newsletter

OK, nothing wrong with these or other goals, but they are not marketing action plans. Ultimately these need to be translated into project lists as I discussed last week, but planning is the step before that.

Let me give you my complete formula for creating workable marketing action plans:

1. Service Offered
What exactly is the service you are offering? Make it as tangible as possible, not vague or indefinite.

i.e., Individual Management Consulting and Coaching Program for senior managers in Fortune 1000 companies. Fee is $20,000.
Time commitment is one year.

Also be clear about the results that you will deliver with your service or program.

2. Target Market
Who are your ideal clients? Don't waste your time marketing to those who are not the perfect clients for you.

i.e., My ideal clients are top managers in Fortune 1000 companies.
They are successful, but at a turning point in their careers and looking at how to build a legacy that will last long after they leave the company.

You really have to know your ideal clients well. Don't just make this up; it needs to be based on solid experience.

3. Objective
This is the ultimate result or goal you want to accomplish with your marketing plan. I've found that a specific, measurable objective such as X number of clients bringing in Y dollars by a specific date is the kind of clarity you need.

i.e., Five new consulting clients by the end of the year who pay a minimum of $20,000 - totaling a minimum of $100,000.

Now that's a real objective!

4. Additional Intentions
In the course of pursing your objective you should have other goals or intentions. These are other things you'll accomplish that will support the achievement of your objective.

i.e., More visibility and credibility with my target market, increase skills in the area of speaking and writing, one or more joint venture relationships, close a higher percentage of prospects per marketing conversation, etc.

Note that none of these should be your ultimate objective, they are only a means to an end.

5. Marketing Strategy or Method
You may have a primary marketing strategy you'll use, but it might be a combination of strategies.

i.e. Speaking, teleclasses, follow-up by email and phone.

Going in, you may not know all the how-tos of these strategies; you may have to research and study them first.

6. Marketing Materials
What written or online materials will you need to communicate about your services to your target market?

i.e. Service write-up on web site, presentation for talk and/or teleclass, article for follow-up, phone script, etc.

7. Resources
Resources are time, money and manpower.

i.e., X dollars and hours to develop web design and content, a day to write articles, a person to organize talks and teleclasses, etc.

Your written materials are the pivotal pieces of your marketing plan, as they communicate the value of your services.

8. Game Plan
This is what, when, and how you implement your plan. These are all the moving parts of your plan, strung together into a workable whole.

i.e., Develop written marketing materials, find opportunities to speak to your ideal audience, obtain speaking engagements, put together slide presentation, give talks to your audience, offer article to those who are interested, make follow-up calls to the most likely prospects, conduct selling conversations.

Each of these steps need to be designed and executed to the best of your ability. Repeat and fine tune.

9. Time Line
This is simply taking the above action items in your game plan above and putting them onto a project sheet and fitting them into your schedule.

i.e., Develop written materials - by Jan 15, Research speaking opportunities - month of January, etc.

10. Implementation
Now that you have all your marketing to do's listed on your project sheets, it's simply a matter of knocking off all these items one at  time. Then it all comes down doing a few items every day until your plan is in motion and producing results.

Now, that's a marketing plan!

As you can see, although it contains several steps, it's pretty simple and straightforward. If you create plans like this you will accomplish more in your marketing this year than you ever thought possible.

By Robert Middleton of Action Plan Marketing. Please visit Robert's web site at www.actionplan.com for additional marketing articles and resources on marketing for professional service businesses.

By the way, I encourage you to sign up for his weekly newsletter - it is always full of substance, and one of the few I read regularly!

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.
Author Email (optional):
Author URL (optional):
Post:
 
All HTML will be escaped. Hyperlinks will be created for URLs automatically.