Sunday, December 2, 2012

Using Seminars to Convert Prospects For Intellectual Property Legal Professionals Into Clients


A couple of weeks ago, I got a letter from a law firm inviting me to a seminar covering employment law. Now, I am sure the content for the seminar was pretty good, but the letter came out of the blue but this topic is not a key issue for me right now.

I want to use this experience to discuss how Intellectual Property Lawyers can use seminars more effectively to get high-quality clients.

The three major questions you have to think about when planning seminars are:

1. What information will you provide that will really improve your prospects' lives or show them how to take away any fears and frustrations? 2. How do you attract prospects who really want to listen to what you have to say? 3. How do you attract prospects with the money to pay for the services you offer now?

Intellectual Property lawyers first have to build a list of opt-in prospects within their target niche(s), and then provide relevant information to this list that shows them how to eliminate any Intellectual Property-related problems they face..

Before sending out any invites to seminars, IP legal professionals have a bit of work to do. First of all, think about YOUR desired outcome from the seminar. Basically, you want the seminar to convince prospects that have not bought your services yet to do so. For many IP legal professionals, seminar invites are the first point of contact in their lead generation campaigns so they want prospects to buy services AFTER attending the seminars.

Given this, you want to avoid a key mistake many IP legal professionals make when trying to use seminars to attract new clients...selling the seminars before getting into their prospective buyers' minds and building relationships with them.

Now, you may ask why this is necessary. You could simply get names from a list broker and do a marketing campaign to advertise the seminar. True, but the whole purpose of this article is to show how you can improve your success rate in terms of lead generation and client attraction.

So I will highlight some key messages related to this:

1. Find out the conversations going on in your prospects minds. 2. Make sure you develop effective multi-step campaigns to prospects within a specific niche to advertise the information you have that they are looking for, or point them to where they can find it. 3. Build your position of authority within your target niche by giving your prospects free information that shows them how to solve their IP problems or at least explains difficult concepts into easy to understand formats (at this stage, you don't discuss the services you offer). This can be done via blogs, free reports, articles, etc. 4. Build your opt-in list by capturing customer details and then make sure you provide much-needed information to your list on a regular basis (e.g. via newsletters, email bootcamps, free reports, etc).

If you are an Intellectual Property lawyer that has failed miserably in the past to get enough clients from seminars you previously run, then go through the four steps above first before inviting people to seminars. This will improve your response rates, and fortunes.

And this is why...by going through the steps above, you market your seminars to potential attendees that have already made the decision to give you their details so that you can interact with them and give them valuable information. If you have already shared valuable content with prospects by the time you make them aware of the seminars (e.g. via blogs, reports or emails), you will have demonstrated the fact that you know your stuff, are willing to focus on building relationships with people and know what your prospects' needs are.

And here is another fact - you don't have to run FREE seminars. If what you are going to provide during the seminar is extremely valuable, then the prospects on your opt-in list will recognize that, and will pay to attend. If you run free seminars, you will always have people that attend even if they have no intention whatsoever of ever buying from you. You want to get those that want to do so, and are willing to make a financial commitment (which does not have to be huge) to learn how to take away any pain they are under.

Some Intellectual Property legal professionals will claim to have done well running free seminars to cold lists. That is great! Remember, I am not saying this strategy would never work. I am just pointing out that you can get a significantly better response to seminar invites if you build relationships with your prospects first as I have outlined above.

Think about this as well...If you are having two-way conversations with prospects, you can tailor your seminars more effectively to give attendees information they really want, and are willing to pay for, because you know what is important to them (not you). It also gives you the opportunity to prime them so that they attend the seminars with a certain level of knowledge regarding Intellectual Property law that they want to have to solve their problems.

This means a change in business model for many businesses, in which you use seminars to 'close the deal' with prospects you have already built relationships with, rather than using them as an initial lead generation tool.

If you automate the communications to your opt-in list, you will find this is a much easier strategy to get high-quality leads as opposed to simply trying to target prospects who have never heard of you. That is hard - cold calling is just not comfortable and most of the people you target don't want to be sold to. They want the option to learn from you, interact with you and to then decide to ask you for your services rather than the other way round.

Benefits of Understanding the Value of Your IP   Starting Your Career As An Intellectual Property Lawyer   Do You Need a Lawyer to Respond to a UDRP?   What Is the Protection of Business Names Under Intellectual Property Law?   Hire Patent and Trademark Attorney to Accelerate the IPR Procedure   Every Innovative Irish Idea Deserves to Be Protected Correctly in Law   



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