Business awards can be a great way to shine the spotlight on your business, raise awareness and promote key products, services or messages. Win or lose, simply being selected as a finalist gives access some great promotional opportunities in the build-up and around the awards announcement.
It can not only give you greater kudos and credibility, but can also help your business to differentiate against competitors in a crowded market place.
Also, in the social proof arena that is so important in business decisions, awards can deliver a sizeable endorsement for your organisations. We know of businesses who have seen an upturn in enquiries following on from winning an award.
So why don’t all businesses go in for awards? Well, it does involve time and effort and some are wary of the risk (ie not winning). There are however still many marketing opportunities and positives to be gained from taking part, particularly if you are selected as a finalist.
Drawing on our experience in helping businesses use awards in their marketing and business development, here are some tips and ideas for success.
In this article we discuss how to pick the right award for your business, and then how to create a submission which really impresses the judges.
It is important to be clear what you are hoping to achieve by going in for an award – for example, are you looking at the business awards to help you:
With your objective firmly in mind, look closer at the different awards in your sector, product/service range, target territory etc.
Draw up a shortlist and then check that event (virtual or in-person) has a good chance of delivering your key aim.
In doing so, don’t be afraid to talk to the organisers. What have the finalists in the past then gone on to do and how has it benefited them. Does this award give you access to the audience you want and what promotional opportunities does it provide?
Another factor to consider before you finally commit to a specific award is whether you’ve got a decent chance of winning. You will invest a lot of time and effort in the award submission/process and you want to be sure that’ll all be worth it. Some business owners question if they can truly evaluate their chances and think ‘it’s all down to the judges at the end of the day’.
You can however do a quick reckoning right at the start to decide if you will be able to field a strong submission (or not). Here’s a checklist we usually encourage business owners to weigh up their chances:
If you can fully commit to the award submission process and feel you will meet all the criteria, then go for it. If it may be wise to weigh up if this is really the right award to bid for, or if it’s better to wait till next year when you’ll be in a better position to field a strong submission.
Of course, each award will have different submission processes. Some will want you to complete a detailed form, others require you to just nominate your business, product or service and get your customers to vote for you. Some want creative presentations or involve the judges coming to your premises to view your operations. Whatever the mode, some basic principles can ensure you don’t lose points unnecessarily. These help to put your submission on a strong footing:
Some business awards involve judges coming out to interview you, look round your premises or ask you to give a presentation. With each of these options, preparation is crucial as you want to make the activity an impressive experience for them and contribute positively to your submission. If you have judges coming to your premises to view your operations consider and plan:
Do a practice run of the visit, and preferably with a third party who takes on the role of the judges. This will give you a valuable viewpoint of the things that impress and those which need tweaking to create a strong and positive experience for the judges on the day. Also, don’t forget to communicate the judges’ visit to your whole team, so everyone is aware and has the chance to be on good form.
Remember that, whether the judges are coming to your site or you are presenting to them in another location, it’s important to demonstrate synergy with what you’ve said in your written submission. Consider who should be part of the presenting team and prepare and rehearse so the presentation is seamless. In particular, practise the questions you’re likely to be asked. Also, research the judges’ background, so you have more insight to help build rapport and anticipate their individual interests.
It clearly pays to be prepared and plan when putting your business forward for an award. Whilst we’ve looked here at tips for the submission itself, there are also many marketing opportunities from participating in the whole awards’ process. We cover those in this article, in particular how to make the most of the award’s publicity. In the meantime, if you would like help with an award submission, do get in touch.