RESOURCE CENTER SETTING UP YOUR COMPANY

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Your Consultant Website
Whether you are operating as a full time independent commercial finance consultant (CFC) or simply part time and referring business to factors and lenders on an occasional basis, your business website is one of the truly critical components of you overall marketing mix.

Your site should be designed to be a "virtual billboard" of information that is available to recipients of your direct mail, classified ads, e-mail marketing, cold calling, and other marketing media.  It is where they go to "find out more" about your business finance services.  Most importantly, it is where interest business owners can request your "offer" of a FREE booklet, white paper, report, newsletter, etc.

Do not get too involved in site rankings and submissions to search engines and directories.  For your business, rankings are highly overrated.  If someone is searching the internet for factors and lenders regarding financing, they will find many sites in addition to yours and will submit their deal dozens of times in dozens of places resulting in heavy competition.  You will likely be contacted periodically by companies that (for a fee) will promise to improve your site's ranking.  This is always a waste of your money and time.

Your Website's Domain
Your domain is the internet address where your website is located.  It will begin with "www" and preferably end in ".com".  If you are part of the BIZCAP or Broker4Us programs, you domain is a leased domain and owned by DataMax or Aegis Factors.  If you are independent, you will own your domain and should purchase it through DataMax.

Your domain should either relate to your business name or should give a snapshot of what your business does.  A company, for example, with a name of Jones Growth Capital might have a domain of something like www.jonesgrowthcap.com.  Generally, the shorter the domain, the better.  People tend to make one mistake for every seven keyboard strokes.  

Calls to Action, Offers, Newsletters, and Your Website
Offers
, which we address in more detail in subsequent modules, are a critical part of all direct marketing strategies.  In fact without an "offer", direct marketing simply becomes advertising.  All factoring broker sites provided by DMS and IACFB include a built in "offer" of a booklet entitled "When Banks Say NO!...The Small Business Guide to Factoring" or similar.  The booklet is provided in PDF format and its "offer" provides a method of collecting names of prospects and business owners interested in financing and seeking more information on your services.

It is essential that your website always incorporate an offer.  In the world of marketing for factoring clients, it is all about "lead generation".  And, as far as leads go, email addresses are golden.  Your website is the mechanism by which you "gather" email addresses or "leads".  The primary method for gathering such leads is through the use of the word FREE accompanied by an offer.

FREE is marketing's magic word and a call to action and this is especially true of marketing on the internet.  It is one of the most powerful tools in your marketing quiver.  For effective lead generation, you must offer FREE additionally information in the form of a white paper, report, booklet, newsletter, etc.  To request the FREE offer, the prospect must request it via a form on your site.  Upon receipt of the form (and capturing the email address of the prospect), you then supply the FREE material. 

Newsletters are an impressively powerful tool for gathering leads and another "must" for those serious about the business of commercial finance brokering.  The primary method of handling requests for your newsletter is again, your broker website.  While you may not be a newsletter writer when you first begin your career as a broker, your should plan on producing your first newsletters as soon as possible.  When ready request the addition of a form specifically designed to capture the email addresses of those requesting your newsletter.

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