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Branding | Practice<br />
67<br />
Most firms identify service as a unique<br />
selling point. It’s not, although the way<br />
you deliver it could be. Simon Paterson,<br />
head of audit and business advisory at<br />
accountancy firm RJP in Surrey, says: ‘We<br />
are personable, approachable and easily<br />
reachable for clients. Also, very often it’s<br />
the little things that clients remember – a<br />
decent cup of coffee and parking spaces.’<br />
Any claims you do make, you need<br />
to be able to back up. ‘For a brand’s<br />
messages to be effective, they must be<br />
true,’ says Sarah-Jane Freni, account<br />
director at Shooting Star PR.<br />
RJP’s proof of client satisfaction comes<br />
in the form of statistics published on<br />
the landing page of the firm’s website:<br />
‘Ninety percent of clients come from<br />
personal recommendations, and our client<br />
retention rate during the last three years<br />
was over 95%, making us one of the most<br />
sought after accountants in Surrey.’ There<br />
is also a webpage with case studies so any<br />
potential clients can take comfort from<br />
hard numbers and facts.<br />
Thought-leadership or genuinely useful<br />
ideas are also sources of differentiation.<br />
‘Generating thought-provoking insights<br />
that offer clients a fresh take on the<br />
challenges they face and packaging that<br />
thinking in an engaging, compelling way<br />
is key to establishing a unique position<br />
in the market,’ says Julia Burns, senior<br />
account director at B2B marketing and PR<br />
consultancy Man Bites Dog.<br />
RJP’s Livewire blog, which has been<br />
running since 2009, does just this, says<br />
Paterson. ‘It’s full of up-to-date content<br />
and expert tips, and it’s great for search<br />
engine optimisation because we have a<br />
large footprint on Google with a lot of<br />
referring links.’<br />
Getting heard<br />
Once you find your UVP or unique<br />
selling point (USP), you need to get your<br />
branding message out in your online and<br />
offline interactions with prospects.<br />
‘It’s not about putting together a<br />
catchy tagline or a few sentences of<br />
corporate jargon that you repeat over and<br />
over again,’ says Freni. They need to be<br />
words that you can weave naturally into<br />
conversations. In time, they will influence<br />
the way people think about your brand<br />
and why they should prefer you over<br />
the competition.’<br />
According to Nielsen, creating a<br />
distinctive image (for example, your<br />
business name, the look and feel of<br />
your website, your logo and your<br />
colour palette) can take you 51% of the<br />
way to a differentiated brand.<br />
Traditionally, accountancy<br />
firms have used the surnames of<br />
the founders in their name. While<br />
these names often sound solid<br />
and professional, they are not as<br />
memorable as firms with ‘cheap’,<br />
‘cheaper’, ‘low-cost’ or ‘change’ in<br />
their title. That said, though, a catchy<br />
name alone is no longer a guarantee<br />
that your brand will stand out.<br />
Paul Bulpitt is director at online<br />
accountancy firm The Wow Company.<br />
He says: ‘Just being called Wow was<br />
enough to stand out 10 years ago;<br />
today, one of the key messages we<br />
want people to take away is: we’ll take<br />
care of you.’ Another Wow message is<br />
that using its accountancy services is as<br />
easy and hassle-free as ordering a pizza:<br />
step 1, the base (choose the service);<br />
step 2, pick your toppings (for example,<br />
meet your accountant twice a year);<br />
step 3, side orders (additional services);<br />
and step 4, ‘We’ll sprinkle on our secret<br />
ingredient’. Prizeman says: ‘As soon as<br />
you look at their website, you can’t help<br />
thinking that these guys are different<br />
and it must be great to work with<br />
them. It just goes to show that small<br />
accountants can stand out through<br />
tapping into personality and emotion.’<br />
Stand-out professional logos and<br />
colour palettes stay well clear of the<br />
maroons and teals that were appealing<br />
two decades ago. RJP’s website<br />
uses the traditional navy blue, but<br />
with heavy accents of vibrant orange<br />
and a few playful graphics. ‘Many<br />
of our local competitors favour the<br />
more traditional business imagery,<br />
but we have gone for something<br />
more adventurous and individual,’<br />
says Paterson. ■<br />
Iwona Tokc-Wilde, journalist<br />
For more information:<br />
See also ACCA’s Financial<br />
management and business<br />
success – a guide for<br />
entrepreneurs at bit.ly/ACCAfinman<br />
and share with clients<br />
07/2016 Accounting and Business