Editor’s note: This post was originally published on 11/22/17 and has been updated for accuracy and comprehension.
If you provide a service, your business depends on Request for Proposals (RFPs).
They are the best kind of lead, as you usually get lots of information about the potential customer, such as their name and contact information, business type and budget.
The best part – an RFP usually means that the prospect is in buying mode.
We help our clients secure all kinds of leads, whether it’s when a prospect downloads a free offer in exchange for an email address or an RFP.
One of our clients – an established keynote speaker – sought our help with a comprehensive inbound marketing plan.
Here's the story of how a new marketing strategy helped turn everything around.
Your business is probably in a very similar situation as this speaker.
He was rockin’ his business. He traveled more than 250 days per year as a keynote and workshop speaker, consultant and personal coach.
But he wanted to continue moving his business further along, driving revenue and building a passive stream of income.
Enter the relationship between this speaker and Flight Media.
You see, the client is a successful coach, speaker and consultant for professionals. He educates people about personal branding, leadership and more, and is a best-selling author.
But he isn’t a marketing, design and sales expert. Nevermind that this client didn’t have the marketing knowledge to build a campaign.
Even if he had some marketing know-how, he didn’t have the time to spend on it.
Working together, we created a strategy to:
Some of the steps involved in the process included:
The outcome of all these pieces of the inbound marketing strategy working together were astounding.
And even better, we ran everything for the keynote speaker, behind the scenes, so he could concentrate on delivering amazing speeches and networking.
Here are the results of his inbound marketing campaign in just one quarter (or over the first three months of running his inbound marketing strategy).
The client's inbound marketing strategy returned a considerable and staggering return on investment.
Email contacts grew exponentially, increasing from just 12 contacts before implementing the inbound marketing strategy and working with Flight Media to 104 qualified contacts per quarter who have offered their name and email address in exchange for a free offer/ebook.
But the crux of it all comes down to RFPs.
The keynote speaker's business depends on people requesting a proposal to speak at various events.
Before inbound marketing, the speaker's website generated 2 requests for proposals a quarter.
Two RFPs is very low, and the website wasn’t getting much traction in terms of booking speaking engagements, either.
The speaker's return on investment is looking very bright.
If one-quarter of the leads he got in Q1 hire the speaker, he’ll be positioned to make $60,000 in speaking fees – from just three months of an inbound marketing strategy.