How Often Should Professional Service Firms Change Their Marketing Strategy?
Cortney Galster
Fractional CMO | Founder, amplify marketing | Entrepreneur | Podcast Co-Host
In professional services, staying ahead of the curve is essential. One pressing question many firms grapple with is how often to change their marketing strategy. While there is certainly a temptation to integrate new tactics and tools frequently, it’s crucial to approach this with a strategic mindset.
We highly recommend establishing a marketing strategy that you commit to for at least a quarter before reassessing its effectiveness. This timeframe allows you to implement your strategy fully, gather data, and analyze the results. Frequent changes can lead to inconsistency and confusion, making it difficult to determine what works and what doesn’t.
Why to wait before implementing something new
Taking the time to let a marketing strategy mature before implementing something new is essential for accurate performance assessment. Allowing a strategy to unfold over a set period, such as a quarter or even six-month period, provides a comprehensive picture of its impact. This stability helps in collecting reliable data and understanding trends, making it easier to identify which elements are driving success and which need refining. Hasty alterations can obscure valuable insights, leading to misguided decisions and the potential wastage of resources. Therefore, patience is key to ensuring that each strategy has the opportunity to reveal its true potential and effectiveness.
Your budget isn’t limitless
Another significant reason to stay the course is that your budget isn’t limitless. Maximizing the dollars you’re spending on marketing is crucial for getting the best return on investment. By adhering to a consistent strategy, you allow it the necessary time to manifest results. In the meantime, you can start a list of ideas for future initiatives, enabling you to evaluate and prioritize them thoughtfully. This approach not only ensures you give each tactic time to work, but it also allows for a more structured and financially sustainable way to implement new strategies without hasty and costly changes.
Your bandwidth isn’t limitless, either
Maintaining a consistent strategy is also crucial for managing your team’s bandwidth effectively. Constantly pivoting to new initiatives can lead to burnout, decreasing overall productivity and creativity. Allowing your marketing team to focus on a single strategy lets them hone their skills, refine their tactics, and deliver higher quality work. This approach not only maximizes the team’s time and efforts but also fosters a more sustainable work environment. By carefully planning and methodically implementing changes, you can ensure that your team remains engaged and motivated, ultimately driving better results for your marketing efforts.
Create a professional services marketing strategy that works
By sticking to a plan for a set period, firms can refine their approach based on real feedback and measurable outcomes. This disciplined approach not only enhances the effectiveness of marketing efforts but also builds a cohesive brand message that resonates with clients and prospects alike.
While flexibility in marketing is important, finding the right balance is key. Commit to your strategy for a quarter, evaluate its performance, and then decide the best path forward. This will help ensure sustainable growth and success in the competitive landscape of professional services.
Need help creating the right professional services marketing strategy? Schedule a complimentary consultation with our team to learn how we can help!