Tim Fitzpatrick: Accelerating Business Growth with Marketing Tips

Conversational Selling

About Tim Fitzpatrick: Tim Fitzpatrick founded Rialto Marketing, which provides marketing consulting, advisory, and outsourced or part-time marketing executive services. They help B2B professional service firms grow faster without the commitment or cost of a full-time executive. Tim achieves this by identifying and removing revenue roadblocks in three key marketing areas: Strategy, which serves as your fuel; Planning, your marketing vehicles; and Leadership, the driver behind it all. Aligning these three elements is crucial for accelerating your revenue growth. Tim tends to work with growth-focused B2B professional service firms like MSPs, IT consultants, cybersecurity firms, business consultants, accountants/tax advisors, attorneys, insurance brokers, etc. Check out the latest episode of our Conversational Selling podcast to learn more about Tim.

In this episode, Nancy and Tim discuss the following:

• Tim's journey from a mathematics major to entrepreneurship in marketing
• The common pitfalls businesses face in wasting time and money on marketing due to information overload
• Why having a narrow target market is crucial for effective marketing
• Insights on the frequency and value of marketing messages
• The benefits of 90-day planning cycles over year-long plans.
  

Key Takeaways:

• I will be the first person to tell you from a marketing standpoint that it is about testing: there is a lot of marketing you will do that will not work.
• I am a huge proponent of narrowing your market.
• The Revenant Roadblock Scorecard is a self-assessment and takes less than five minutes.
• How can you expect to consistently convert leads if you don't have a sales process?

"There are several reasons why people are wasting time and money on marketing. In my opinion, what happens with marketing most of the time is that people battle information overload. There are so many different marketing channels and tactics within those marketing channels today. We're just like, where do we even start? And what most people do is jump right to tactics. I need to have a website. I need to have a YouTube channel or a podcast, or I need to be on Facebook. We just immediately jumped to acting. But when we do that, we're skipping strategy. And the way I think about strategy is strategy is like fuel. The marketing tactics, the channels, those are vehicles. And when we jump right into the vehicle with no fuel, we all know how well that's going to work, right? " – TIM

"Too many businesses do not have a firm handle on their ideal clients. And because they don't have a firm handle on who their ideal clients are, their message to the market sucks. You can't create a message that will attract and engage people until you know who the heck you're trying to attract and engage. Without those two elements in place, it is very difficult for your marketing to work consistently and, frankly, for you to know why it's working. Because most people are just throwing the spaghetti up against a wall, hoping it sticks. So, if we can take a step back and invest the time in strategy and then go back to the marketing vehicles, it's going to work much better, it's going to be more effective, and you're going to experience much more consistent, repeatable results with it." – TIM

"the pandemic is a perfect example of this. If you had a year-long marketing plan that you had put in place at the beginning of 2020, come March, that plan either went into a drawer or you lit it on fire. Because here's why I don't like yearlong plans. One, there is no year-long plan. And this goes with marketing. It goes with any other planning you're doing for your business. In my opinion, year-long plans are the same at the end as they were at the beginning. They change, and they change quickly. And what tends to happen with year-long plans is they become very complex. There are too many moving pieces, and complexity is the enemy of results. We need to keep things simple. And when we can keep them simple, we have a much higher likelihood of effectively implementing and executing them. And if it's going to change quickly anyways, why take the time?" – TIM

Connect with Tim Fitzpatrick:

• LinkedIn: https://www.linkedin.com/in/timpfitzpatrick/
• Rialto Marketing: https://www.rialtomarketing.com/

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