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Marketing for IP Practitioners
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miltons ip What IP Does “Wrong” Fundamentals Tactics before strategy
Ignoring the rules of marketing Fundamentals Niches Trust Referrals Conversions miltons ip
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Possible Tactics miltons ip Content marketing Online presence
Conferences Social media Newsletters & push marketing Advertising Receptions/events House calls Tools and systems (CRM, EMS) Awards (sponsored and not) Training Networking miltons ip
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Rule breaking: Rare things in IP marketing
Frequent contact Segmentation & qualification Good follow up to networking Making “the ask” Marketing by professionals Purchasing by professionals Training of practitioners about marketing miltons ip
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Milton’s Maxims miltons ip
IP is not sui generis: follow the fundamentals Be humble: marketing is hard Get training, advice, and help miltons ip
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Skill + money + ideas + effort. Repeat. Repeat again …
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Marketing 101: Fundamental Principles
What we sell: trust. “Trust me, I will solve it for you” The core question of IP marketing “Why should I choose you?” miltons ip
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IP Marketing Reality In IP, most clients are not looking most of the time. Choices made without fanfare, or warning What IP marketing does: Create awareness by the prospective client during their window of choice Improve your chances at their moment of selection
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Who is the target client? Speak to them!
Segment the market Speak to each segment separately in their language miltons ip
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How we segment for rights registration
TM Domestic applicant Foreign applicant Patent miltons ip
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The keys to success: niches & trust
Niches – focus the way the clients define focus Area of law Industry Trust: provide content folks find useful. Generate awareness & prove expertise. Tips ‘Russian dolls’: small samples and deeper dives. Fairly frequent. Re-cycle, re-purpose, re-use. Sustained. “one and done” does not work. Informative & entertaining. It is not legal advice, it is marketing. Does not have to be “new” – can be about the fundamentals
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Improving Referrals & Conversions
Referral sources: Reciprocity: what have you done for them lately? Does your content help your referral sources? With their business? To refer people to you? Conversions Social proof: testimonials v. references Who are your clients? What have you done for them? Stories not facts: someone like me.
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