Hi Fellow Networkers,

This is the second in the helping Consultants increase their revenue series.
How To Make A Website A Paid Consulting Engagement

Frequently consultants don't bother to leverage the Magic Profit Formula in any 
of their marketing materials. And the worst offender is always seems to be the 
website. While consultants understand they need a website, they don't rarely 
consider the website as a paid engagement with the advantage that the work is 
only done once. Consultants who do not know how to generate revenue from their 
websites are leaving significant amounts of revenue on the table, revenue that 
is theirs for the taking.

The internet is now the first place a person looks when trying to solve a 
problem. Including any problem normally solved by a consultant. They have a 
problem, you can supply the solution, thus they become your prospect. The 
challenge then becomes converting this prospect into a paying client. If your 
website can attract these prospects, it means
that you can have a stream of prospects coming to your website. This stream of 
prospects represents revenue for you. This lesson is about getting prospects to 
your website and being paid by them.

I regularly visit websites for consultants and I am embarrassed by what I see. 
The poorest level is the consultant who thinks of their website as an online 
resume. There are the qualifications, a few links to some relevant 
organizations, and a list of companies and logo's of existing clients.

To make it worse, there is a copyright which that a year later makes it clear 
the site is stale and two years later makes prospects wonder if they are still 
in business. Obviously not all consultants are this bad, but its few and far 
between that add a report or some press releases. Even the international and 
sophisticated consulting companies with thousands of employees do no better.

They just make their web site a giant brochure, with the most important piece 
of content, a way to search for an
employee. It surprises me that consultants spend thousands of dollars on their 
clothes and cars to give a good impression, but they do not make an effort to 
have their website generate revenue for them. What a wasted opportunity.
Why Don't Consultants Expect Their Websites To Be Revenue Producing?

I am not sure of all the reasons, but I know a few of them.  Firstly, I expect 
it is a matter of time and priorities. A consultant feels that their profits 
only come from their time, anything that stops them from selling their time is 
not considered profitable use of business hours. What business hours left after 
earning revenue is devoted to marketing and since the website is part of 
marketing, then the website gets a low priority and is only important when the 
consultant is short of clients. The website is only considered as one element 
of their marketing plan. Usually it fits in after networking, which is just 
after playing a game of golf with a potential client. The logic makes sense,
when the consultant doesn't think of the work on the website as revenue 
generating time.

Another reason that consultants don't work on their websites is that they think 
its about giving away their knowledge for free. They feel any knowledge they 
share on the website means that they are not getting paid for their time. If a 
potential client can read their website and learn everything, and they can then 
implement it without the consultant. This logic has a simple flaw, if you are a 
consultant and you can put all your insights and knowledge onto the web, then 
you probably don't have too many skills.

My personal believe is that the consultant hasn't learned to think about the 
Magic Profit Formula and their website at the same time. If you take any skill 
away from this lesson, understand the importance of applying the Magic Profit 
Formula to your website. This is important, as a consultant, you must stop 
thinking of your website as a marketing tool, you must think of it as a 
consulting
engagement that you keep getting paid for again and again. The advantage is 
that is that you only have to do the work once.

The last common reason and potentially the most valid reason have a poor 
website is their lack of knowledge. They don't know or understand some of the 
details on how to create a website that will earn them revenue. Typically a 
consultant will say "I'm not computer savy" or "I don't know how to do 
marketing". I find this axiomatic, because consultants need to say to prospects 
"I am a consultant and I know how to rapidly learn the details of your 
business." Consultants can learn, but, probably consider the time learning 
about generating revenue from their website, non-income generating and make the 
choice not to spend the time.

I get comments from people that my articles are too long. I don't think so, but 
to strike a balance the rest of the article can be found
here:

http://www.ZaleTabakman.ca/2008/09/18/how-do-you-make-your-website-a-paid-consulting-engagement

Take Care

Zale

http://www.LinkedIn.com/in/ZaleTabakman

http://www.ZaleTabakman.ca


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