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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

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