Did you know that the average NASCAR pit crew member makes a base salary of $72,000? With bonuses he (or she) can earn more than $100K! And did you know that the average pit crew has 6 team members--for a total compensation of around half a million dollars!
So why do NASCAR team owners spend so much?
After all, every team has a talented driver. And the driver knows how to change a tire and fill the gas tank, right? Okay, the answer is obvious. Teams need their drivers on the track. And the faster the team helps the driver go, the greater the chances of winning.
So why do staffing firms have so many drivers without pit crews?
In staffing, the driver is your sales team. They're out on the track every day racing against the competition to win over employers. They are battling, neck and neck, with dozens or even hundreds of other staffing sales professionals in a race to convince staffing buyers that your firm can outperform the competition.
Yet, most staffing executives have their sales people changing their own tires and filling their own tanks. Think about it. Are your sales people responsible for identifying their own sales leads? Do they do their own email marketing, social media work? Are they still spending most of their time making cold calls?
Why doesn't your staffing firm have a pit crew?
In staffing, your pit crew is your marketing function. The role of marketing is to keep sales on the track, racing at the highest speeds possible. Great marketing gives your sales team a far better chance of winning the race.
Yet as an industry, staffing firms spend about 1/4 of 1 percent of revenues on marketing. That's 25 cents out of every $100. That's a ridiculously miniscule amount.
If you ask a staffing firm owner why they spend so little on marketing, they'll tell you it's because they already have great sales people that they are paying. So why spend their hard earned profits on marketing? And why don't NASCAR drivers change their tires?
So what should your marketing pit crew do?
In staffing, a great marketing pit crew keeps your sales people on the track. It allows them to go faster and sell more effectively. Marketing's job is to generate leads. Educate prospects. Differentiate your services. And keep you top-of-mind.
Marketing eliminates low value, time wasting activities and ensures your sales team is spending more time talking with clients and prospects.
Here are a few specific ideas for your marketing pit crew:
- David Searns
David Searns is president of Haley Marketing Group. For more ideas for growing your staffing firm, visit www.haleymarketing.com.