Your Marketing Plan – What It Should Contain

Running a business without a marketing plan is a bit like driving a car with your eyes closed. Without a plan, you have no direction on how you are going to grow your business and no objectives or activities planned to trigger that growth. This is why companies, investors and leaders all place value in building a marketing plan. However, if you haven’t created a market plan before you may find the process overwhelming. I’ll be honest, if you complete this correctly, it will not be a quick project, you will definitely spend some time on this. A well-researched, strategic marketing plan may take several weeks to complete and will consist of hours of research. While you may continue to operate without a formal plan – it will end up costing you more time, money and resources in the long run.

Businesses with plans succeed, outperform competitors, and retain staff, more than those with no plan. Marketing takes time, money and preparation, but the benefits outweigh the work. A strong marketing plan will ensure you’re not only sticking to your schedule, but that you’re spending your marketing funds wisely and appropriately.

Your Marketing Plan Will Help You To:

  • Identify your competitive advantage and define your unique value proposition
  • Evaluate your mission and vision for relevancy
  • Focus on your strategic target marketsand their needs
  • Determine and focus on priorities
  • Acquire resources you need to implement your plans
  • Obtain the organization support at all levels
  • Set objectives and strategies for chosen segments
  • Define strategies, tactics and campaigns

I recommend following these 10 steps when creating your marketing plan and strategy that will helpg you achieve your goals for business growth.

  1. Begin With a Mission

Identify your mission as a company. A mission statement should guide the actions of the organization, spell out its overall goal, provide a path, and guide decision-making for your business.

  1. Develop Your Target Market and Segmentation Strategies
  • Who are your target markets?
  • What industries do they represent?
  • What is the size of the company (or market)?
  • Why do they need your services or product?
  • What is going to make this company buy your services or product?
  • What is the channel of distribution for this market?
  • Who makes the buying decisions?
  1. Define Personas & Content
  • Do you know your buyer?
  • Do you know the company they represent?
  • Do you understand their company’s business?
  • Do you know their needs and requirements?
  • Do you know where they buy?
  • Do you know who makes up their decision-making or buying team?
  • Do you know their decision-making and buying processes?
  • Do you know how to reach them with your marketing and sales messages?
  • What are the key decision factors that make them choose one vendor over another?
  • Is the decision made around price, service, support, quality, or other factors?
  • Where do these personas go to source credible content?
  • What messages will generate the right response and what information will be most effective?
  1. Complete a SWOT (Strengths, Weaknesses, Opportunities, Threats)
  • What advantages or strengths do you have?
  • What do you do better than anyone else?
  • What do people in your market see as your strength?
  • What could you do to improve?
  • What should you avoid?
  • What are other companies/people likely to see as your weakness?
  • What are good opportunities for you?
  • What could threaten your business?
  • Where is the industry going?
  • What are your objectives as it relates to this target market?
  1. Identify Your Key Influencers
  • Social networks to drive mass impressions
  • Journalists
  • Academics
  • Analysts
  • Professional advisors
  • Websites
  • Industry associations
  • Referral sources
  1. Conduct A Content Marketing Audit
  • Review your existing collateral, content and thought leadership pieces
  • Decide which can be leveraged in new marketing campaigns
  • Identify content gaps so you know where to focus development and resource time
  • Align your content to achieve a marketing objective as well as serve a purpose in the buying cycle (awareness, consideration and decision)
  1. Set Your Marketing Objectives
  • Intended goals and results of your marketing plan, tactics and campaigns
  • Set the metrics (both business and marketing) to track and report on
  • If you’re not use to defining your marketing objectives use the SMART methodology (Specific Measurable Actionable Realistic Time)
  • Marketing objectives are ideally tied to business value including leads, revenue, ROI (Return on Investment), etc.
  1. Plan The Marketing Strategy
  • A detailed blueprint on how to achieve the marketing objectives
  • Strategies list which steps to take, specific action necessary to achieve each step and the expected timeline by which to accomplish each stage
  • Strategies will focus on the 4Ps of marketing: Product (Service), Promotion, Price, Place (Distribution)
  1. Define Your Marketing Tactics, Goals and Mix
  • Advertising
  • Branding
  • Directories
  • Direct marketing
  • Digital marketing
  • Public relations
  • Sales
  • Business development
  • Networking and referrals
  • Events
  • Sponsorships
  • Content
  • Communication
  1. Allocate Your Budget
  • Connect your budget to business value
  • Your marketing objectives and target audiences should help you allocate your spend accordingly
  • Research and capture the price of different marketing tactics (some are more affordable than others – depending on your objectives)
  • Your budget should influence the amount of leads that enter your sales funnel and result in increased revenue (noting that increased spend could decrease profit in the short-term)
  • Leverage benchmarks/best practices on target leads to meet goals
  • Review spend and result on an on-going basis 

In summary, follow these best practices:

  • Focus on your priority target markets and personas
  • Leverage your strengths and not your weaknesses
  • Don’t worry about having an in-depth plan or too many strategies
  • Make sure your marketing plans and budget is practical and measurable
  • Assign specific responsibilities and tasks to skilled people on your team
  • Plan, track, measure, optimize and redeploy
Advertisements

Strategizing Your Promotional Marketing Mix

In business or marketing strategy, you have probably heard of the “4 P’s” of marketing (Product, Price, Place and Promotion). The promotional aspect can also be described as the “Promotional Mix” and it determines what actions to take to reach your target audience. If you find yourself asking “How do I know what works?” the answer begins with your target audience. This blog post will help you to strategize your marketing plan and I’ve even included estimated costs.

Marketing Tactics

  1. Business Name

Your business and brand name is crucial to your success. ($1,000 – $8,000)

  1. Logo

Your logo should represent your company and your brand. This is a must-have and quality does count. An affordable solution is 99Designs. If design and creativity isn’t your strong suit then you should invest in an engaging logo. ($500 – $10,000)

  1. Slogan

This may be optional, but this short description can explain your unique value proposition to the market. ($500 – $5,000)

  1. Website

Developing a website can be almost free (e.g. from WordPress or another free online template) or a substantial investment. It all depends on your ability to build a website, develop a strategy, content, etc. It will cost less if you can write it yourself and supply the photography, but if you don’t want to build a website, you should hire someone who does. You can also save money by being involved in the planning and content selection. ($5,000 – $50,000)

  1. Content Marketing Schedule

Unless you’re ready to draft a content marketing plan you should probably enlist some help. Providing valuable content will help move your targets through a track-able process.

  1. Email Marketing

This will help you provide value and disseminate you content. Free templates can be set up with any number of online eNewsletter programs. ($50  – $20,000)

  1. Social Media

Set up your social media profiles (Facebook, Twitter, LinkedIn, Google+, YouTube, Instagram, Pinterest, etc.) and ensure they are consistent with your branding and messaging. You should be able to do this yourself, but make sure you’re on the right networks – correctly.

  1. Blogging

Writing a blog is free and easy to do once you’ve planned your content strategy. Creating a blog will help you keep your website content fresh.

  1. Signage

Signage will let the market place know that you exist and help people easily you’re your location(s). ($500 – $50,000+)

  1. Directories and Classified Ads

Whether online or in a newspaper, these should be a cost-effective method to list your company in it’s target industry. People searching for specific items can locate your ad by category. ($25+/each)

  1. Community Newsletters

If your goal is to reach a specific community, than community papers may provide you with a cost-effective tactic, however readership varies. ($50 – $500/ad/size)

  1. Outdoor Advertising

This tactic will increase your local presence. Outdoor advertising covers a variety of media, including lawn signs, bus benches (0 – $200/month), shopping mall signs, billboards and building sponsorships. ($5,000 – $50,000+)

  1. Videos

Videos are an extremely important, especially within your content marketing strategy. They can be used in a variety of mediums including both digital and traditional marketing tactics.  ($2,000  – $50,000)

  1. Search Engine Optimization (and Outsourced Content Creation)

Your company and it’s digital assets need to rank highly. Enlisting the services of an expert will save you time, which will allow you to get back to business. ($1,000 – $5,000/month)

  1. Radio

This brand awareness tactic will increase your presence with commuter traffic, especially in rural communities. ($3,000 – $10,000/month)

  1. Television (TV)

Advertising on local (or national) television can greatly increase your brand awareness and increase recognition. (Estimate $1,000 – $10,000/month + production – you need a solid 30 second spot)

  1. Newspapers

Newspaper (local or national) can help build local, immediate attention and over a period of time can increase brand visibility. ($2,000+/month – depending on ad size)

  1. Promotional Products

These are branded items that you send (or give) away to gain (and retain) attention. In Calgary I recommend Level2, however there any many choices in every city.

  1. Direct Mail

Targeted, local direct mail can be effective if there is a valuable offer or create that stands out. This can also be applied to eNewsletters or digital marketing. ($0.5 – $3/ household is consistent depending on the creative you are mailing)

  1. Digital

There are many new online advertising channels to consider. Start with Search Engine Marketing (SEM), which is essentially your online search traffic that should relate to your company, product or service. Then look at display advertising, which is the online version of billboard advertising, layered in with retargeted and behaviour ads. Next think about social media advertising (YouTube, Facebook, Twitter, LinkedIn). If you’re confused by the above let me know and I can help. While marketing budgets may vary they are also affordable and track-able. ($25/day+)

  1. Customer Relationship Management (CRM)

A CRM system, emails and phone calls will help you manage current relationships, increase referrals and attract new prospects to be clients. If you don’t have a sales process or strategy you will not generate new business. ($25/month+)

  1. Recommendations, Success Stories and Celebrity Endorsements

Some of these are free or earned and others are not – however all will help you increase credibility within your market place. Always be aware of the risk.

Build Your Promotional Marketing Mix

Choose your promotional marketing tactic based on your target audience. This includes the volume, type, and geography of the target customers you are trying to reach. Depending on your marketing strategy (or objectives), choose the method that is the most direct and provides the most value. Your target prospects need to engage with your market for it to be a success. Forecast and plan your marketing budgets to ensure that you allow enough budget to carry your campaign throughout completion. Don’t be afraid to take a chance. Just be sure to measure the results of your marketing.

How & When to Start Marketing Your Product: 4 Tips

“How and when should I start marketing?” Many companies and new entrepreneurs can easily get hung up on that question. Whether it refers to determining when to start marketing your product or service to customers, or figuring out the correct market in which to launch, the following 4 steps will help guide your through the process.

  1. Product Knowledge

You need to frame the product/technology as it relates to your proposed product timeline and evaluate what stage it currently resides. Doing so defines the timing of when you should go to market and who would be the ideal target within each of the product’s stages.

If you aren’t sure where your product stands, consider the following points:

  • Are the primary features still being developed?
  • Are there enough features to let someone test and give meaningful feedback?
  • Are you ready to present your product and find a first beta tester or even customer?
  • Where does your product reside in the product life cycle? Each of these stages varies in length and directly affects how you market and what your timing is.
    • 1. Development
    • 2. Introduction
    • 3. Growth
    • 4. Maturity
    • 5. Decline

Product knowledge will assist you with your marketing messaging as well as increasing your competitiveness within the market place.

  1. Marketing Strategy

Your marketing strategy should plan out the approach you will take to reach potential prospects. Define your target audience and know the best marketing medium, channel and budget for each persona.

Your marketing strategy needs to include the following elements:

  • Product & Consumer
  • Price & Costs
  • Place & Convenience
  • Promotion & Communication

4marketingPsandCs

Also consider these points when building your marketing plan:

  • Who your product or service will serve
  • Where to reach these people
  • How to reach these people
  • How to best do the above given the resources you have
  1. Competitive Landscape

To be successful and truly stand out to your target audience, it is crucial to have a deeper understanding of the competitive landscape. Figure out who the top competitors are, along with their value proposition and core messaging. Can your product or service thrive in the market place? All products, services and companies have competitors so be sure you conduct due diligence. I recommend starting with some web searches then building from there.

  1. Messaging

After you have developed your marketing strategy and understand the positioning of your product in it’s competitive landscape, the final component is to define the messaging. Your messaging is the compilation of the first 3 steps, but positioned in a compelling manner. It must be creative, catchy, engaging, memorable and most of all convert-able (leading to new business). If you are to be successfully noticed by a prospect, your messaging must be timely, relevant, and personalized.

Provide value and think about your unique value proposition. Consider the use of comparative language. Are you faster, bigger, sleeker, or cheaper? Your product knowledge, market strategy and competitive knowledge should help you to create messaging that will engage your target audience.

The 4 steps I’ve outlined will help you determine when or how you should market your new product or concept. It should begin developing an actionable marketing strategy that will allow you to under stand your product/service and it’s target audience. This also includes conducting market and competitor research as well as creating engaging messaging. These tips will allow you to properly plan your strategy and execution, which will be the key to your success.

5 Ways To Be Engaging Leaders On LinkedIn

Most professionals do not have a LinkedIn marketing or social-selling strategy, let alone an online sales strategy that’s aligned to revenue objectives. If you want to be a sales and marketing leader you need to create a plan that will activate your LinkedIn connections. Think of LinkedIn as a professional social media network that you can use to connect, engage, drive demand and create lead opportunities.

Yet, strategy is the biggest difference between a sales or marketing team that drives demand and enjoys consistent revenue opportunities and one that just has a presence and lots of connections it does not engage with.

How you thought about these tactics?

  • After you make a connection, how do you follow up or build on that connection? Your goal should be to develop them into a lead.
  • Do you think about the content you are sharing or posting? The content should position and differentiate yourself.
  • What discussions are you creating? Will these discussions or conversations nurture your connection (or prospect) and provide value for to your business relationship? They should.
  • Have you thought about how to introduce your company and their content to your connection and move them from LinkedIn to your website?

Here are 5 strategies that sales and marketing leaders need to think about to be engaging on LinkedIn.

  1. Social Media Presence

First, review your LinkedIn profile. Did you consider your LinkedIn profile as a strategic tool? Your profile shouldn’t be a cover letter and a resume. You should be considering how to position yourselves as an expert in your field. The information on your profile should be interesting to your target connections, market and industries.

To convey your worth, find out what kind of value your prospects are looking for and optimize your LinkedIn profile to provide value to them. Your profile should be piquing interest and starting conversations with key decision-makers that lead to revenue opportunities.

  1. Thought Leadership

Don’t just use LinkedIn as a publishing platform. It is a good medium to push out content, but the content you are posting should be pulling your prospects in. You need to plan out what type of content you can provide that will convince decision-makers to contact you. The best way is to figure out the pain points that your target connections (and their companies) may be facing and what content you can provide that would position you as a thought leader. The goal is to have your connections take action.

  1. Targeted Connection Prospecting

Review your LinkedIn connections to see how many of them are “long-shots” or who could provide introductions or recommendations. Your connection prospecting strategy should define who your main and secondary prospects and influencers are, and it should include a plan to get them to respond to your communications. The goal should be to retain their attention, so you can provide value, develop the lead (or referral) and convert the lead into a client.

  1. Engagement

It’s not about how many connections you make or followers you have on LinkedIn or any other social media platforms. More accurately, it’s about how many people you reach and engage with. Engagement and providing value should be at the forefront of your LinkedIn strategy.

The best way to engage in social media is to create a community. In LinkedIn, you can create actual groups that you manage. Remember buyers are looking for quick access to trusted experts and relevant content that helps them with their business issues. Your custom, niche LinkedIn community is an effective way to give your buyers what they are looking for.

  1. Lead Generation and Engagement

Most of the prospects you connect with on social media (and LinkedIn) platforms don’t realize what value you could provide or why they need you. It’s best to develop a lead nurturing strategy for move your connections through a defined lead generation process. Nurturing these connections will provide them with value and will encourage them to reach out for additional information.

What you need:

  • A strategy to use your content (blogs, social media posts, case studies, whitepapers, third-party research, etc.) to support your business objectives.
  • Content that will engage and provide value. Think about the pain points that will address your target audience and connections’ needs.
  • A plan for how you will nurture your connections, prospects, leads and clients. How will you move them into your pipeline and get them to engage with you?

By developing an integrated marketing strategy you will be able to create a funnel that will provide value and lead opportunities in the future.

5 Metrics You Should Be Tracking To Help Increase Sales

Are you tracking and accessing metrics to improve you business? Here are 4 important metrics you should track to improve your business.

1. Total sales by time period

You should be tracking your sales by a time period that is relevant to your business (monthly, weekly, quarterly, annually). By tracking sales by time period, you know exactly how well you’re performing. You know if your sales are up or down versus the prior period, be it the prior day, week, month, quarter or year.

2. Sales by product or service

This metric tells you exactly what is performing (a.k.a. selling) and what’s not. This will help you to focus your business and marketing strategy. Declines in the sales of certain products might mean new product versions are required where as increases in sales means you need to support that product or service and make sure the capacity is there.

3. Revenue per sale

The easiest way to increase sales and profits for most companies is to increase the average revenue per sale. Tracking this metric will help you devise strategies to increase your revenue per sale and track the success.

4. Sales by lead source and activity

This metric will help you focus your marketing and advertising spend. The key here is to spend more on the advertising or “lead sources” that produce the most sales, and to stop wasting money on sources of leads that don’t. By tracking the lead sources for your sales, you can optimize your lead generation.

I also recommend trying to track sales by activity as well. This can include sales per click or impression (for digital marketing), sales per lead or phone call and networking or events. Most sales people say that sales is a numbers game. If you go to more events, speak to more prospects, and issue more proposals you’ll close more sales. It’s true. You need to track the results and effectiveness of each of these efforts to see what is working so you can do more of it. You also identify what’s not working, and can fix it right away.

5. Revenue per sale

The easiest way to increase sales and profits for most companies is to increase the average revenue per sale. Tracking this metric will help you devise strategies to increase your revenue per sale and track the success.

The goal of tracking metrics is to provide you with the information and ability to alter business and marketing strategies to increase your revenue.

6 Tips for Developing Interesting and Engaging Content

While content may not be easy to right, however it’s a necessary marketing strategy. It’s important to engage your experts and thought leaders to help develop valuable content for your target market(s).

When developing content you should consider a few things:

  • Products or services most desired by consumers may be affected by seasonality
  • Content should be built for the long term and the short term
  • Readers will only consume content that is easy to understand, fast to read and if it provides value

Here are 6 helpful tips for developing interesting and engaging content.

1. Discovery and Brainstorming Meetings

These meetings can help you plan and discuss the fundamentals for content creation. This includes:

  • Marketing strategy: Discuss what has been working and what hasn’t. Then adjust your content types and distribution strategy accordingly. This will help you become more efficient and increase your results.
  • Ask questions customers do: Use those questions for building content. The whole point is to develop content that will provide interesting and engaging content that will provide value and satisfy a client’s need.
  • Publications trending: Have your content published and linked to the company’s website. Back-linking is an important SEO strategy.

2. Marketing and Industry Research

Research is an essential tool that will help drive your business, marketing and content marketing strategy. It will also help you understand your audience so you can build an engaged online following (including social media). It’s important to stay up to date with information related to your industry. If you know what’s going on, your consumers will be more confident in the company and the content you build. The objective is to become a valued thought leader that people go to for information and ideally your services (or products).

3. Content Calendars

This is a must-have. Planning your content marketing and keeping your plan updated and responsive to market trends (sourced by tip #2) will help you execute your content creation. Personally, I love to use Excel. Be sure to include:

  • Social media (what the post will say, the link it will go to, image it will include, and date/time), traditional content (blog posts, infographics, case studies, etc.), press releases and events.

There are many free templates on the internet – I recommend using these:

– Social Media Calendar: HootSuite or Hubspot

– Editorial Calendar: Hubspot

4. Keywords

Keywords should be researched (in tip # 2), included in your content marketing strategy and included in your content marketing calendar (tip #3). A keyword based content strategy will help you increase your organic online search rankings on terms that your potential clients would be searching for. This will also help you align your topics with the search results for your industry or market. It’s important to remember that keyword-optimized content is fine for SEO, but interesting and engaging content should be based on customers’ expressed desires and questions, which will help you to provide value to your target audience.

5. Be Dynamic and Keep It Fresh!

Stay on top of market trends and more importantly topical content. Be reactive and adjust your content calendar (tip #3) accordingly. Consumers will want new content, but not all the time. Also, consider changing your content format, depending on your marketing and content objectives. Examples include: blog posts, infographics, videos, social media posts, images, contents, ebooks/whitepapers, case studies, brochures, case studies, testimonials and press releases.

6. Feedback & Results 

Last, but definitely not least, you will need to gather customer feedback and tracking your performance. This will help you gather feedback from your market and to adjust your marketing and content strategies moving forward.

6 Tips for Developing Interesting and Engaging Content

While content may not be easy to right, however it’s a necessary marketing strategy. It’s important to engage your experts and thought leaders to help develop valuable content for your target market(s).

When developing content you should consider a few things:

  • Products or services most desired by consumers may be affected by seasonality
  • Content should be built for the long term and the short term
  • Readers will only consume content that is easy to understand, fast to read and if it provides value

Here are 6 helpful tips for developing interesting and engaging content.

1. Discovery and Brainstorming Meetings

These meetings can help you plan and discuss the fundamentals for content creation. This includes:

  • Marketing strategy: Discuss what has been working and what hasn’t. Then adjust your content types and distribution strategy accordingly. This will help you become more efficient and increase your results.
  • Ask questions customers do: Use those questions for building content. The whole point is to develop content that will provide interesting and engaging content that will provide value and satisfy a client’s need.
  • Publications trending: Have your content published and linked to the company’s website. Back-linking is an important SEO strategy.

2. Marketing and Industry Research

Research is an essential tool that will help drive your business, marketing and content marketing strategy. It will also help you understand your audience so you can build an engaged online following (including social media). It’s important to stay up to date with information related to your industry. If you know what’s going on, your consumers will be more confident in the company and the content you build. The objective is to become a valued thought leader that people go to for information and ideally your services (or products).

3. Content Calendars

This is a must-have. Planning your content marketing and keeping your plan updated and responsive to market trends (sourced by tip #2) will help you execute your content creation. Personally, I love to use Excel. Be sure to include:

  • Social media (what the post will say, the link it will go to, image it will include, and date/time), traditional content (blog posts, infographics, case studies, etc.), press releases and events.

There are many free templates on the internet – I recommend using these:

– Social Media Calendar: HootSuite or Hubspot

– Editorial Calendar: Hubspot

4. Keywords

Keywords should be researched (in tip # 2), included in your content marketing strategy and included in your content marketing calendar (tip #3). A keyword based content strategy will help you increase your organic online search rankings on terms that your potential clients would be searching for. This will also help you align your topics with the search results for your industry or market. It’s important to remember that keyword-optimized content is fine for SEO, but interesting and engaging content should be based on customers’ expressed desires and questions, which will help you to provide value to your target audience.

5. Be Dynamic and Keep It Fresh!

Stay on top of market trends and more importantly topical content. Be reactive and adjust your content calendar (tip #3) accordingly. Consumers will want new content, but not all the time. Also, consider changing your content format, depending on your marketing and content objectives. Examples include: blog posts, infographics, videos, social media posts, images, contents, ebooks/whitepapers, case studies, brochures, case studies, testimonials and press releases.

6. Feedback & Results 

Last, but definitely not least, you will need to gather customer feedback and tracking your performance. This will help you gather feedback from your market and to adjust your marketing and content strategies moving forward.

Affordable Marketing Strategies

How much should I spend on some basic (or I’d say required) marketing strategies? Fees can range depending on the age and size of the company and national, local or global marketing goals. This should help get you started:

Branding
Inexpensive: 99designs can help you design and build up your brand (roughly $400, but it doesn’t include additional collateral: business cards, letter heads, email templates, etc.)
Good: A small agency may charge between $4,000 to $5,000 and should include all necessary collateral
Great: More than $10,000 and this is if you are going to a large agency who is creating your entire brand book, story and collateral, among other assets

Website
Inexpensive: Wix or WordPress can be a do-it-yourself website and can be free (minus time and effort)
Good: For a WordPress site designed to look like your brand, it will usually cost you around $3,500 (or more if you need a shopping cart)
Great: At least $15,000 – the price will depend on the objective, functionality, automation, design, etc.

Social media
Inexpensive: Do-it-yourself or hire an intern
Good: Between $1,500 and $2,500 for a small agency
Great: More than $4,000, which would be contingent on the number of platforms, listening software, amount of real-time interaction and PR integration (great tactic)

Advertising
Inexpensive: Word of mouth, tell your family and friends!
Good: Some social media marketing (between $300 and $500/month) and targeted display advertising ($500/month)
Great: Full social, outdoor, print, digital, pay-per-click will set you back at least $5,000/month (or more), but you’ll definitely have a presence

Content
Inexpensive: Do-it-yourself or hire an intern
Good: A freelancer platform like Odesk.com (you can name your own price)
Great: Agency content usually runs $250 and $1,000 per piece depending on word count and graphics

Events
Inexpensive: Show up and network at other people’s events
Good: Cross-market with another brand with the same target audience
Great: Full events strategy. For production teams, small event start at around $5,000

While marketing isn’t a one-size-fits-all these tactics should help you establish some presence and budget accordingly!

Have You Tried Twitter Ads? Here Are 4 Reasons Why You Should

Twitter has become a great tool for markets and companies. This social media platform is sometimes overlooked when developing a social media and/or digital strategy. Most companies focus on Facebook, but this post will focus on Twitter and how Twitter ads can help leverage and expand Twitter’s ease of use and viral outreach. Twitter ads can help you offer timely, relevant and useful information targeted at a geographic specific area (even as close as a postal code).

Here are 4 reasons why you should consider Twitter ads as a tactic in your digital marketing arsenal:

  1. It’s easy to set up, use, target and monitor
  2. You can target specific areas (cities, towns, postal codes, new office locations, target markets/locations, etc.)
  3. You only pay for results that you set and manage (budget, followers, engagements, retweets, comments)
  4. Drive Mobile Foot Traffic (with geo-targeting and messaging)

Twitter’s geo-targeting features have enabled businesses to tailor their marketing strategy and increase their local presence. By providing users with thoughtful, helpful, useful content you will increase engagement and your online exposure.

Why You Should Be Using Videos In Your Marketing

If an image is worth 1,000 words than a video is probably worth a million (depending on length and quality). The main point is that videos can be used to convey viewpoints and messages in clearer and simple fashion. As a result, videos can increase engagement and help support your sales and customer service. Here are 3 reasons why you should use videos in your marketing:

1. Customers enjoy videos (across multiple platforms)

People watch videos on many devices, computers, tablets, smart phones, etc., which means that you can reach them on the medium of their choice.

2. Videos build credibility

Just think, video testimonials, or product demos help customers trust your company and brand. Videos also demonstrate your confidence in your company and what service or products you are offering.

3. Videos really impact buying behavior and can increase sales

Building off of tip 2, consumers find videos helpful when they are making purchasing decisions (or signing up for a B2B service). You may also be able to attract and impress new customers, by utilizing videos. 

Key Video Takeaways:

  • Be direct. Keep video intros clear and short, don’t distract from the video’s main goal.
  • Be concise. Don’t try and say everything in your video. Make a plan and a script that helps your customers take the ‘next step.’ I would recommend staying around the 1-2 minutes range.
  • Set an accurate budget. You don’t need to spend a fortune, but you need to make a quality video that reflects your brand.
  • Survey and communicate with your target market to find out what questions they ask and then answer them clearly in your videos.
  • Demos work (especially more than an explanation).