Archive for the ‘Notary Business’ Category

Are you developing your brand?

Tuesday, April 1st, 2008

notarybranding.jpg

Do you have a brand? How do you portray yourself to your clients?

In the notary world the importance of branding and our professional look and feel often gets overlooked. If you are anything like me you have become absorbed by today’s brands and they have become synonymous with your daily living. I am wearing Levi jeans and a J-Crew shirt. What do you think about when you see these companies mentioned? What you are thinking about right now is their brand. What they stand for, how they operate, and how they communicate to consumers is all part of their brand.

As contractors and notaries, your brand is an important part of differentiating yourself. When branding your business, the name of your company is very important. It should be a well-thought out process that communicates a message to people, and has meaning. The positive qualities and characteristics of your brand name associate you with positive values and characteristics.

Many clothing designer’s names have made it their goal to see their brand (name) represented properly. Some examples are Tommy Hilfiger, Donna Karen, or J Jill. When you see these companies you may think that they are irrelevant to the life of the notary. On the contrary, branding is as pertinent for you as it is the fashion designer. Branding is not just establishing a logo, it is managing the thoughts and feelings of your customers to ensure that you are the notary they want because of the image your brand portrays.

If you are not managing your own professional image, you’re missing a key element in differentiation. What makes you different from the 10 other notaries in your area?

A professional image is a vital aspect of your marketing. Your image is everything from how you answer the phone to your business cards and website. Once you give them Tiffany’s quality and Nordstrom’s service, why would they want to go anywhere else? Repeating this quality makes you memorable and they continue to come back to the same “brand” that your professional image reflects.

Where do we go from here? In reflecting a notaries brand image, notaries often fail in bits and pieces. They have a great name, but lousy website, or great service but no one can spell out their email. Clients want simplicity and consistency. If you are passionate about the notary business and the brand that you have created make sure everything you do reflects that brand. If I am a Title Company and I see misspellings, ClipArt from 1999, and a dancing dog on a notary’s website I will not think professional, I will think cheesy.

Branding and a professional image are essential to any small business. As a notary it is important to look at the long term success of your business and brand as the two are interconnected. You can’t build a brand overnite…but are you thinking about your brand at all?

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The more things change, the more they really change

Thursday, November 8th, 2007

2007 has been a year of change in the Notary world. Our bread and butter refi’s have dropped dramatically and the fallout from the sub-prime mess hasn’t helped any.

So, what can you do as a Notary? There are a few options

1. Keep doing what you’ve been doing and hope things will get better
2. Buckle down, hit the street and market, market, market
3. Turn in your stamp and call it a day
4. Look at ways to use your stamp outside the mortgage industry
5. Realize that you must change as the industry changes

Personally, I like options 2, 4, and 5.

Many notaries will choose option 1, and many option 3. The day’s of 15 calls in a day are gone, and most likely won’t be returning anytime soon.

So what’s a notary to do?

First off, go back to all your clients you’ve had in the last year and let them know you are still around. Don’t beg for work, actually ask them how they are doing. With many notaries leaving the industry you might be able to pick up some extra business just by following up with past clients.

Secondly, if your state laws allow this, look at doing more personal document work. These jobs are usually pretty straightforward (ie, a family will) and pay cash right away. No waiting for a check in the mail. For example, here in Seattle we’ll charge a $25 trip fee + $5 per notary act. Of course, this fee is not set in stone, but it’s a good base price to tell people when they call to weed out those who think you’ll travel 20 minutes for $5.

Thirdly, keep watching us here at NotaryBay.com. Our application is a new way of finding notaries for companies. New things take some time to getting used to, but we think we’ve built something really revolutionary. As we continue to show off our application some are very responsive, others are content to their standard operating procedure of calling, calling, calling. Well, you can’t please everyone. But, as companies look to cut their costs and increase their efficiency we think they will choose NotaryBay vs. laying off workers or trying to lower fees to their notary vendors.

What do you think? Which option are you choosing for your business?


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