They are time-consuming, expensive and ten-a-penny, so why should you spend any time entering your business into a set of awards?
Louise Turner has spent 20 years writing award entries for everyone from her husband to a multi-national mobile phone network. Over the past five years, 80% of the entries Louise and the Awards Writers team have written have been shortlisted, and around half of those have scooped a prize. Here are the reasons why she believes in the power of awards.
You can big yourself up all you like, but winning the right award (I am choosing my words carefully here) is an unequivocal indication of the quality of your business, team or project.
It is a matter of simple psychology: being awarded an industry accolade makes clients, colleagues and prospects view you differently. Shining this positive light on your skills and customer values can help you retain existing clients, win new ones and encourage higher conversions from your marketing activities. While people can be sceptical of testimonials on a website, there is no quibbling with the decision of a panel of industry experts.
They deliver unquantifiable benefits…
A client whose award entry we wrote was running a multi-million pound project but struggling to convince two key organisations to get on board. He went to London to the industry award ceremony his project was shortlisted in and walked off with the top prize. At the event itself, with the trophy still heavy in his hands, one organisation came on board.
Our client said: “Winning the award for the prestige was enough in itself, but even at the ceremony we started ticking some things off our wish list as potential partners and funders came forward, both in person and on social media. Over a drink after the ceremony I was also able to secure a commitment from one of my organisation’s directors to come and visit the project to see what we have been up to.
“I would never have believed that winning such a specialist award could have led to such great things. It just proves the power of awards and demonstrates that you cannot always predict what value they will add.”
…and quantifiable ones
Another client imported her products but the relatively small quantities she needed meant her import costs were high. They had been top of her list to address, but none of the companies she enquired with was willing to speak to her.
As a result of being shortlisted for two industry awards she was interviewed by the local paper and one week after the interview was published she had two companies competing for her business, eventually knocking 30% off her costs.
A third client has secured new tenants for their serviced offices as a result of the publicity surrounding their award wins.
They build reputation – for your organisation and for you
An award can work wonders for your business/team/project’s reputation as a signal of quality. But it can also impact your personal reputation.
Making good contacts at the award ceremony, using LinkedIn and Twitter to publicise your victory, and spreading the news within your own organisation can all lead to opportunities you might not otherwise have been presented with.
Winning an award from within your own specialism is an indication that your peers – the ones more than fit to judge the quality of your work – think you are pretty great at it. A team I worked in used our local PR awards to prove to internal dissenting voices that we were actually pretty good. Peoples attitudes towards us definitely shifted when we walked in with all four awards we had been shortlisted for, including the one for regional PR team of the year.
My secret – you do not need to win
Here’s the thing I tell clients and which has been proved time and again – you do not need to win to get the majority of the benefits; being on the shortlist is enough.
Here is why:
Basically, you get almost all of the benefits and you do not need to buy a cabinet for the trophy. Of course, no one likes to lose and the high of hearing your name read out from the podium is hard to beat, but in a purely commercial sense you only need to get to the final.
Here are my top five tips for writing awards:
*We’ve picked experts we know and trust who are good at what they do. All of them will give you at least an extra 30 minutes free advice if you contact them and would then charge their normal prices. They don’t pay to be on BuBul and don’t give us any money from anything they earn as an expert.