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Marketing Your Consulting Services.pdf - epiheirimatikotita.gr

Marketing Your Consulting Services.pdf - epiheirimatikotita.gr

Marketing Your Consulting Services.pdf - epiheirimatikotita.gr

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• The opportunities for the market are __________________________________<br />

_______________________________________________________________.<br />

• The challenges for the market are ____________________________________<br />

_______________________________________________________________.<br />

• Investing in a marketing plan is ______________________________________<br />

_______________________________________________________________.<br />

Summarizing <strong>Your</strong> Narrative Assessment<br />

Now that you have defined your business, your management situation, your customer<br />

base, and your financial situation, you are in a better position to establish<br />

successful marketing strategies and tactics.<br />

Luick tip . . .<br />

Ask another consultant to read your strategy and your analysis to<br />

determine whether you have missed an opportunity or if you have<br />

forgotten something in your assessment.<br />

SWOT YOUR COMPANY<br />

As a consultant you have perhaps conducted a SWOT analysis on other organizations.<br />

Now it’s time to conduct one on yourself. SWOT stands for strengths, weaknesses,<br />

opportunities, and threats. The strengths and weaknesses typically focus<br />

on internal factors such as service quality, financial situation, available technology,<br />

and expertise. <strong>Your</strong> strengths might be that you provide the highest quality possible<br />

and that your small size allows competitive pricing. <strong>Your</strong> weakness might be<br />

that you lack capital for expansion.<br />

The opportunities and threats typically focus on external factors such as market<br />

demand, competitors, suppliers, the economy, social changes, or government regulations.<br />

Opportunities available to you might include a change in regulations that<br />

will require internal training by your clients or a <strong>gr</strong>owing dissatisfaction with the<br />

services provided by your competition. A threat might be that a new consulting<br />

firm is entering the market. Use your narrative responses from the last section to<br />

complete your SWOT analysis on Exhibit 2.1.<br />

Internal Assessment: What’s <strong>Your</strong> Company’s <strong>Marketing</strong> Success? 27

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