If you are in the IT market, software, hardware, or service provider, then word of mouth is hugely important to getting that invitation to go and talk to prospective clients. As well as using the internet to research options, companies also use their peers, and analysts as a source of recommendation. Good relationships with analyst companies such as Gartner, Forrester and Ovum are as valuable to IT organizations as sales to customers; they will help shape your strategic marketing, R&D and go to market plan. But too many companies see an analyst briefing in the same vein as a media interview - and make the mistake of using the same techniques.

When doing an analyst briefing here are some key points to remember:-

• Choose the key analysts in your field who influence the markets you want to reach. This is not necessarily the top analysts at the top firms. Grade them into gold and silver relationships - gold are close strategic relationships, silver are ‘good terms’ relationships.

• Understand the analyst’s field of interest and their research agenda. The more you can help them with their research, the deeper will be your engagement with them. When you talk about what your technology/service does, give case studies and stories about your implementations.

• Bear in mind that an analyst is looking for knowledge, a supportive network, and fame in their sphere of influence. If you can help them, they will help you. Your briefing is a dialogue, not a dump of your brochure and sales presentations. Send those out beforehand as background material.

• In a good analyst relationship there will always be some give and take by way of reciprocal information; and even in a fledgling relationship you will glean a lot about the market direction by listening carefully to the questions. Analysts will trial out market hypothesis on you. It is these ’stalking horses’ that shape markets. If your strategy is in line, it will be better for you.

• A journalist is looking for a ‘700 word story’ for the next deadline. An analyst is looking to write a report that will shape markets and have some longevity, plus have the information to offer clients best advice on who should be on their shortlist.

Analysts like to have good relationships with experts in companies; working together will move markets. To help companies develop their analyst briefing skills we have been asked by clients to develop a coaching service. We are now delighted to say we are now ‘open for business’.