20Nov

Welcome back to #WeAreGreenKey, where we shine a spotlight on our powerhouse agency team.  

Recently, we got the opportunity to chat with Tim Coonan, a Director of Architecture, Engineering and Construction.

Tim started his recruiting career almost five years ago when he transitioned from an accounting and sports marketing career. Within a short time, and due to his performance, Tim landed his first leadership opportunity at his previous employer, leading their Wisconsin construction division to one of their top performing groups in the Midwest. After which he moved on to his career at Green Key in 2022.

How did you get started in recruiting?

Right out of school, I started in the audit group at a Chicago-based accounting firm, but quickly realized this was not an industry I was interested in staying with long-term. So, after some serious soul searching, I began working on the sales team of a sports marketing company where I fell in love with the sales process. Then in July of 2019, I got a call from my previous employer and after a week of interviews, I received an offer to start work in the world of recruitment. Within 18 months, I was given the opportunity to manage my previous employer’s Wisconsin Construction division and after 3 years, I helped launch their IT practice focusing on software engineering and development. I quickly made the realization my true passion at that time was for the construction and real estate industry and wanted more autonomy to build out a group the way I saw fit. So, through some extensive networking, I met Richard Egloff and Dan Katz at Green Key, which was a match made in heaven and I haven’t looked back since.

Are there any hiring trends in Architecture, Engineering and Construction right now?

At the moment, it’s hard to be a recruiter in the AEC sector (Architecture, Engineering and Construction) due to a number of factors, which include a low unemployment rate, interest rate fluctuations, technology advances, increased competition and more. To separate from that competition, it’s up to our recruiters to find value where others don’t. The bottom 10-15% of recruiters today won’t exist in a few years. We’re operating in a time where the market demands specificity, and it’s crucial to understand every aspect of a client’s business model, organizational structure and growth strategy to excel in delivering to your client. It’s not about the best talent at the moment, it’s about the right talent. A great candidate is different from firm to firm more now than it has been in the past, and decision makers are at a greater liberty to see what the field has to offer rather than make a quick decision. It creates less crossover selling opportunity when pitching roles to candidates, in addition to slower interview processes with less negotiating power for the candidate.

Why should someone want to work on the AEC team at Green Key?

I think the autonomy, flexibility and ownership we give to our recruiters is fantastic. Additionally, the level of sheer talent we’ve brought in over the last 18 months has led to a naturally higher standard of recruitment that is more competitive than at other firms, at least from what we’re able to see on the surface. Our account managers are, for the most part, all Top 10% billers at their previous employers…that is rare! It’s created a healthy level of internal competition and promotes learning and development rarely found at other groups we compete with day-to-day. The perks of being able to bounce ideas off of proven and highly successful recruiters are endless and frankly is what’s needed to excel in today’s market.

Our group’s leader, Rich Egloff, has also been integral to our success early, and I very much admire his mentality when it comes to oversight. Rich is brilliant in many ways. He’s constantly there to provide support, guidance, advice and strategy, but will let recruiters run with the skills they’ve already developed and have demonstrated on previous leaderboards. He’s consistent in his ability and willingness to jump in on pressing issues, but provides a healthy balance of management and oversight to his performers. Rich doesn’t constantly try to break the wheel; this engine is already a well-oiled and high-performing machine. But often, that engine needs to be checked, tuned up, even updated. Rich is Mr. Dependable in that sense and always provides a fresh perspective that I, and countless others, truly value.

What advice would you give someone trying to break into or succeed in AEC recruitment?

Be the bull in the China Shop. Be the loudmouth on the phone your neighbors hate, be the displacer. You don’t build a team by being complacent. Half of this industry is timing and figuring out how to be there first, which unfortunately is going to be a turnoff to many but requires a significant level of outreach today. The other half is finding value for both candidates and clients that others can’t. Get to know your clients, visit them face-to-face often, find out what makes them tick, build as many relationships with top talent as possible, and don’t try to sell everyone you talk to the best job on earth while they don’t exist. People respond to people, let your personality shine through on both sides of the coin, especially in this industry. Clients want to work with you, not your fee structure or your business card headline. So, find the right balance of being enjoyable to work with, but also know that your intangibles can only get you so far. Like any industry, the Fortune 500 are there because they have the best product to offer, or they were there first. Same goes for recruitment, the best recruiters have the hottest jobs and the hottest candidates all just one phone call away. You don’t get there without a lot of hard work, learning from your mistakes, some creativity and letting your personality shine through when it matters.

What are you and your team’s goals for the rest of the year?

Personally, my goal is to continue to develop our Houston group and maintain the strong grip we have on the commercial market there. I’d like to do the same this year with San Antonio and give my absolute best to the very impressive folks we have in our group, developing them into big-time account managers and finding even more success than they already are with top talent.

Feb 26, 2024

The Essence of Marketing Strategy: Driving Business Success

In the intricate world of business, a marketing strategy serves as the cornerstone upon which companies build their path to success. But what exactly is the marketing strategy, what are the different types of marketing strategies, and how does it work? In this article we’ll explore these questions and delve into the essence of effective marketing strategies.

What is Marketing Strategy?

According to Investopedia.com, “A marketing strategy refers to a business’s overall game plan to facilitate the buying and selling of its products or services. A marketing strategy determines how to reach prospective consumers and turn them into customers. It contains the company’s value proposition, key brand messaging, data on target customer demographics, and other high-level elements. A thorough marketing strategy covers the four Ps of marketing: product, price, place, and promotion.”

Types of Marketing Strategy

Types of marketing strategies include:

  • Social Media Marketing
  • Search Engine Optimization
  • Pay Per Click (PPC)
  • Email Marketing
  • Content Marketing

How Does it Work?

A marketing strategy functions as a road map that guides all marketing activities and initiatives. It begins with a thorough understanding of the target market – their needs, preferences, and pain points. Based on this understanding, the strategy defines the positioning of the company’s offerings and determines the most effective channels and messages to reach the target audience.

Key components of a marketing strategy include:

Market Segmentation: Identifying and segmenting the target market based on demographics, psychographics, and behavior.

Value proposition: Articulating the unique value that the company offers to its customers and differentiating itself from competitors.

Channel selection: Choosing the most appropriate marketing channels to reach the target audience, such as social media, e-mail marketing, content marketing, or traditional advertising.

Messaging and Creative: Crafting compelling messages and creative assets that resonate with their target audience and communicate the value proposition effectively.

Measurement and Analysis: Establishing key performance indicators (KPIs) to measure the success of marketing efforts and continuously analyzing data to optimize performance.

In conclusion, understanding marketing strategies, its types, and how it works are vital for business success, enabling companies to drive growth and engagement effectively.  

Feb 27, 2024

The Essence of Marketing Strategy: Driving Business Success (Part II)

With a grasp of the fundamental concept of Marketing Strategy, let’s explore its advantages in more detail and uncover the steps to effectively craft one.

Benefits of Marketing Strategies

  • Clear Direction: A well-defined marketing strategy provides a clear roadmap for achieving business objectives. It aligns marketing efforts with overall goals, ensuring that every action contributes to the company’s success.
  • Customer Engagement and Loyalty: A strategic approach to marketing fosters deeper connections with customers. By understanding their needs and preferences, companies can tailor messages and experiences that resonate with their audience, leading to increased engagement and loyalty.

Marketing Stratego also highlights a few benefits including:

  • “Increased Brand Awareness: A strong marketing strategy helps increase brand awareness by promoting the business’s products or services to the target audience. This, in turn, leads to more recognition and recall of the brand, which ultimately leads to more sales and customer loyalty.”
  • “Increased Sales and Revenue: A well-designed marketing strategy leads to increased sales and revenue by attracting more customers to the business and increasing their willingness to purchase. This can be achieved through effective targeting, promotions, and other marketing efforts.”
  • “Better Customer Targeting: A good marketing strategy helps businesses understand their target audience and create campaigns that are relevant to them. This leads to more effective and efficient marketing, as businesses are able to reach their target customers more effectively and achieve better results.”
  • “Competitive Advantage: A strong marketing strategy can give a business a competitive advantage by differentiating it from its competitors. By creating unique and effective campaigns, businesses can stand out in their market and attract more customers.”
  • ‘Improved Lead Generation: A good marketing strategy helps businesses generate more leads by promoting the business’s products or services to the target audience. This leads to more opportunities for businesses to convert those leads into customers and increase their revenue.”
  • “Improved Brand Image and Reputation: A well-designed marketing strategy helps improve a business’s brand image and reputation by creating positive associations with the brand. This, in turn, leads to increased customer loyalty, as customers are more likely to do business with a brand they view positively.”
  • “Increased Market Share: A strong marketing strategy helps businesses increase their market share by attracting more customers and retaining existing ones. This, in turn, leads to increased revenue and growth for the business.”
  • “More Effective Use of Resources: A good marketing strategy helps businesses make the most of their marketing budget and resources. By identifying the most effective channels and campaigns, businesses can maximize their return on investment and achieve better results.”
  • “Better Return on Investment (ROI): A well-designed marketing strategy helps businesses achieve a better return on investment by increasing sales and revenue and maximizing the use of resources. This, in turn, leads to increased profitability and growth for the business.”

Now that we’ve highlighted the benefits of a marketing strategy, lets’ explore the process of creating an effective one.

According to Hubspot.com, here are the eight steps a company should take during the marketing strategy process:

  • Conduct market research: “…you need to gather useful data for making informed decisions. Market research is like playing detective, but instead of solving crimes, you’re uncovering juicy details about your customers. Market research will help your businesses make data-driven decisions for your marketing strategy. It also makes it easier to understand your target market, find gaps, and make the most of your resources.”
  • Define your goals: What do you want to achieve through your marketing efforts? Whether it’s increasing brand awareness, driving sales, or diversifying your customer base, well-defined goals will guide your marketing strategy.”
  • Identify your target audience and create buyer personas: To create an effective marketing strategy, you need to understand who your ideal customers are. Take a look at your market research to understand your target audience and market landscape. Accurate customer data is especially important for this step…”
  • Conduct competitive analysis: To begin your competitive analysis, start with your top competitors. Reviewing their websites, content, ads, and pricing can help you understand how to differentiate your brand. It’s also a useful way to find opportunities for growth.”
  • Develop key messaging: Craft compelling massages and creative assets that effectively communicate your value proposition and resonate with your audience. Ensure consistency in messaging across all channels to build brand recognition and trust.
  • Choose your marketing channels: You know what you have to say, now decide on the best marketing channels for your message. Your top goal for this stage of your strategy is to align your channel choices with your target persona’s media consumption habits. Start with media channels you’re already using. Then, consider a mix of traditional and digital channels such as social media, TV, email marketing, podcast ads, SEO, content marketing, and influencer partnerships. To streamline this process, think of your assets in three categories — paid, owned, and earned media.”
  • Create, track, and analyze KPIs: At this stage, you’ll shift from marketing detective to numbers nerd. With a little planning and prep, your analytics can unveil the mysteries of marketing performance and unlock super insights. Review your strategy and choose measurable KPIs to track the effectiveness of your strategy. Create a system that works for your team to collect and measure your data.”
  • Present your marketing strategy: A finished marketing strategy will pull together the sections and components above. It may also include: Executive Summary, Brand Identity, and a Marketing Plan and Tactics”