Marketing + sales support = conversions

marketing (2)

Marketing should bring in business dollars, right? Wrong. Marketing is accountable for the following:

  • Increase brand awareness for purchase consideration (remember, it takes 4-6 times for someone to see an ad before they even click on a website or call a business for more information).
  • Bringing in leads for follow-up from an internal sales team or an outside lead management vendor.

That’s it. That’s the beginning and end of marketing 1.0. Now, if we are talking marketing 2.0/value-adds then we would include:

  • Public relations to assist with brand awareness in the form of earned coverage and backlinks for good SEO.
  • Sales support to integrate marketing activity with sales to close deals.

Since I’ve covered public relations in a few blogs previously, let’s talk a sales support program. Before we get to the details, it’s important to distinguish between marketing and sales. If you don’t do this then clients will constantly ask why your marketing activities aren’t producing sales.

A few statistics from Hubspot.com and then let’s jump into the sales support program deets:

  • 44% of salespeople give up after one follow-up.
  • 80% of sales require five follow-ups.
  • If you follow up with web leads within 5 minutes, you’re 9 times more likely to convert them.
  • 63% of people requesting information on your company today will not purchase for at least three months – and 20% will take more than 12 months to buy.
  • 50% of leads are qualified but not yet ready to buy.
  • Nurtured leads make 47% larger purchases than non-nurtured leads.
  • Companies that automate lead management see a 10% or greater increase in revenue in 6-9 months.
  • 25% of marketers who adopt mature lead management processes report that sales teams contact prospects within one day. Only 10% of marketers report the same follow-up time without mature lead management processes.

I ended with the last stat for a reason. Now let’s really jump into what a sales support program entails:

  • A sales standard operating procedure. Who’s going to do what? What is the protocol for each person? Most important, what’s the step-by-step process for following up with a lead by phone and then by email?
  • A regular sales script that reads clearly, hits all your brand’s selling points, makes your brand appealing and makes this opportunity seem like something that can’t be passed up.
  • An email template for following up with leads when they don’t answer the phone that drives traffic back to your website, and encourages sign-up for e-mail newsletter.
  • An excel spreadsheet tracking the following: first name, last name, address, phone number, email, how the lead came in (what marketing activity brought them in?) and if the lead became turned into a sale.
  • Cost-per-lead. Let your sales team, staff or lead management vendor know how much you are paying for each lead, so there is accountability.
  • Put a sales performance program in place to encourage and motivate employees to want to put their best foot forward. You won’t need to do this for a vendor, because they will be pretty expensive ($2,000-$5,000 per month).

There’s more to a sales support program than this, but this is going to get a business or brand started. It’s not something that takes a lifetime to put in place, but you definitely need a strategy and plan to lay the foundation and focus to continue building on it.

As a marketer, I’ve started offering this service, and I have been successful in implementing programs like this for a few clients. I personally speak to the success of programs like this, and I can tell you that unless you have a program like this in place money will be spent on marketing leads that will never convert to sales.

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Quick SEO Wins for Personal Branding

PersonalBrandingSEOPRAnthonyBeven

There are typically two types of clients I encounter: the ones who know they need personal branding on behalf of their business, and the ones who barely understand branding in even a general perspective.

Of course a business (whether it’s a product or service) should have its own branding strategy – as you may know this includes an integrated marketing and PR approach compromised of traditional and digital promotional methods.

However, what business leaders tend to overlook is the need to also brand themselves on behalf of their brands. This humanizes and gives brands a face behind the logo, and it also allows business leaders to become subject matter experts in their respective industries.

For those business leaders looking to get some quick branding wins in the digital space – or marketing leaders supporting business leaders – here are some personal branding tips that allow for a quick ramp up:

Establish a personal yet professional Twitter handle.

  • Make it look pretty, but also get some foundational stuff in place like a Twitter list for established industry brands, subject matter experts and competitors.
  • Retweet. Retweet.
  • Set-up Google alerts to schedule original tweets with the right hashtags.
  • Schedule tweets using a free tool like Hootsuite (to start at least).
  • Create original and crafty content. And, use video, a lot. Build some awareness and a timeline of credibility and then do some paid follower ads.

Become an author in the digital space.

  • Of what you ask? Blogs, white papers, case studies, e-books and industry snapshots.
  • You – or your marketing person or consultant – know your industry pretty well, so write some blogs a few times per month and post them on your website.
  • Think big picture to save time. A group of 2-4 blogs can easily become a larger piece, like an e-book.
  • Promote them on your social channels (Twitter and LinkedIn are most effective for business-ish content, the other social networks are for consumer content).

Get your name out there – fuel the Ferrari and hit the gas.

  • Have your marketing person or consultant pull together a PR plan to secure you some guest blogging opportunities.
  • Draft and distribute press releases with you as a subject matter expert for some of the content marketing you’ve written.
  • Send emails to employees and customers/clients asking them to share your content (be selective, don’t do this for every piece of content you author).
  • Self-publish on LinkedIn. Your connections will get a notification you wrote something.
  • Get quoted by establishing relationships with local media.

Go for the whole enchilada.

  • Put some paid promotion around the content pieces that have gotten the most response on Twitter, from bloggers and media.
  • Test out both Twitter and Facebook. See where you get the most traction. (LinkedIn is very expensive with little return unless you have a large budget).
  • You don’t have to spend a lot of money on ads either. Test a few, and start with a nominal amount per ad ($25-$50).
  • The one or two that get the best response should move to round two with more money ($75-$100) to see what happens.

Who’s doing it well?

That’s today’s homework assignment: Google to find out why the following individuals are killing it in the personal branding game.

  • Richard Branson, founder of the Virgin Group.
  • Jennifer Lopez, international media mogul.
  • John Legere, CEO of T-Mobile.
  • Laurence Bigio, former client and CEO of Caribbean Media/Challenges Magazine.
  • Neda Vanden Bosch, current client and cosmetic physician.

As you can see personal branding isn’t just for celebrities or media moguls, it’s a key value-add to any business’s brand, whether it’s B2B or B2C.

Approximately 30 percent of Fortune 500 CEOs have an active presence on at least one social network, according to data compiled by AdWeek from Socialmediatoday.com and Brandfog.com.

Other business data that I found interesting:

  • CEOs who participate on social media can build better connections with customers nearly 90 percent of the time, almost 85 percent of the time with employees and 66 percent of the time with potential investors.
  • Consumers are more likely to trust (82 percent) and buy (77 percent) from a company whose CEO and leadership team engage on social media.

Are you ready to establish yourself as a personal brand, or maybe re-tool your current brand? Portray yourself as personable, relatable, qualified and well-researched to speak on the topics you choose.

By that, I mean source properly when it comes citing facts and figures that you are referencing. You don’t own those facts. They came from somewhere. Give credit where it’s due.

Think of yourself as a journalist now. You absolutely do not want to be pinged for plagiarism. It destroy a personal brand and fast.

The question you probably have – and that I get asked often – is: does what I’ve suggested work? Yes. Does it happen immediately? No.

A timeline of 3-6 months is about what it takes to get someone personally branded. In terms of budget, you are looking at spend of a few thousand dollars (sometimes more if there’s budget for it), but the name recognition on the results page of a search engine is worth more than its weight in gold.

Let’s face it, the first thing someone does before they do business with you or your company is Google you. You can control what is shown and seen if you put in a little bit of work.

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Digital News Roundup: June 30, 2016

news-roundup_0Hey everyone, high-five to the official start of summer. I wish everyone a safe and adventurous summer season. Do everything I would do and more.

Here is a roundup of the digital news items that I found interesting, and I hope you will as well. There are few interesting reads here, so take your time to sink your teeth in where your interest peaks!

Enjoy!

-Social Ant

5 marketing reasons why start-ups fail & how-to avoid them

startupmarketingFlat-out: start-ups won’t succeed without having strong marketing and PR programs in place to support product/s and the business (translation: limited to no customer/client acquisition).

In 2014, I left corporate America due to micro-management work styles. I ventured into start-up land, only to find that start-up leaders are even worse micro-managers. And, many of them are a fresh or a few years out of colleague with zero management experience.

The success of a start-up depends on a number of factors, so take note:

  1. Marketing audits – After the product is ready to go-to market, the business strategy is place, headcount and budgetary resources are nailed down, a marketing audit needs to be conducted. What needs to be looked at is:
    – What is your key demographic/s, what are they looking for from brands like yours, what are they not looking for?
    – Who are your competitors (both direct and in-direct)?
    – What are they doing in the social space, email, web and mobile? Check their Alexa and Klout scores, read their product reviews.
    – Where are they seeing success? Capitalize on what they are doing, and one-up them.
    – Where are they not seeing success. Another opportunity exists to out-do them.
  2. Consultation – Start-ups won’t survive without hiring an experienced marketing and/or PR strategist to help them define and refine their brand identity, messaging, message targeting and customer/client acquisition. Too often, I see young start-up CEOs throwing spaghetti at the wall, hoping it sticks and then calling it strategy or strategic tactics. They are neither. They are blind set-ups for failure.
  3. Experienced marketers and PR pros – These are the guys and gals who take you from Rocky 1 to Rocky 5 without as much as the bat of an eyelash. Ideally, you want someone who has a corporate background in both internal and external marketing and PR/communications roles; someone who is strategic, a project manager and a writer; someone who understands who to make things work on a shoe-string budget and report out on ROI. Someone who has experience with start-up marketing is helpful, but NOT necessary. We, marketers, are smart and catch on quick.
  4. Growing junior talent – Most of the time, hiring a senior or season marketing and/or PR pro doesn’t work for start-ups. There is too much change in a short period of time, too many ups-and-downs, and way too much stress for an experienced pro to stay sane (at least early on, a seasoned pro may work for a late-stage start-up). They’ve been through this early in their career, and are looking for more stability. Because start-ups need in-house marketing support, hiring and growing junior talent with the help, counsel and mentoring of a consultant is the best bet.
  5. Micro-management from the top – This is the top reason start-ups fail. CEOs, COOs or CTOs at start-ups DO NOT – I repeat DO NOT – understand marketing, or if they do have a strong background in marketing (this is rare, like a needle in a haystack), they don’t have the time to focus and nurture a branding and promotional program in support of their business. Start-up leaders need to step back, trust marketing experts and hold consultants and junior accountable when the time comes. Start-up leaders, don’t micro-manage marketing strategy or tactics. You don’t have the time to do this, and in most cases, you don’t have the expertise.

As always, these tips are based on my experience, and conversations I’ve had with colleagues and contacts in the marketing and PR field.

There may be situations where a different approach works, but I’ve found with the handful of start-ups I’ve been asked to pitch to, and worked with, that this is the song-and-dance.

Start-up guys, it’s time to change the song, and step to the side to allow real experts to Cha-Cha slide you to success.

Define & refine then repeat: SEM for the busy marketer

search-engine-marketing-servicesI don’t need to tell marketers and small business owners what they already know: You’re so busy that you barely have time to blink before something else gets slopped on your plate in a manner messier than the old cafeteria lunch lady.

This how-to is going to focus on SEM, search engine marketing, so before you consider this component to your overall marketing and website traffic driving strategy, you should already have considered and implemented plans for SEO, social media, email marketing and content strategy. See my previous blog posts.

SEM is really a supplement to organic marketing plans and traffic. A website’s traffic really shouldn’t be compromised of more than 10%-20% SEM traffic. For instance, if your website receives 20,000 monthly visitors, then you want to have 10% or less of that traffic via SEM.

This is only my experience, and it will vary per each individual’s expertise and industry, but I’ve had the most success with SEM campaigns run on Google AdWords – this was before the express version was even rolled out. I’ve used Bing and Yahoo some, but Google is the world’s top search engine (that’s all I should need to say).

The reason that I love the Express version is that so much of the manual process has been removed, thank God. Adios to the burdensome SEO keyword research. Bye-bye to the complicated dashboard to build campaigns (the UX was like navigating through the 9th circle of hell). No need to get on the phone with a Google rep. to refine and re-tinker your campaign every month or so.

OK, let’s step-by-step this out:

  1. You need a Gmail account.
  2. Go to http://www.google.com/adwords/express.
  3. Select create a new ad.
  4. Select your audience.
  5. Target by distance from your business.
  6. Target by city, state or country.
  7. Select the language you want to advertise in.
  8. Select the product or service you want to advertise. Go to Google itself and type your product or service first and see what auto-populates to identify your different, top search options. The idea being you want to go with the option that gives you the largest potential audience in the pop-up screen on the right-hand side of the screen.
  9. After selecting the product or service option, it will give you several options to show your ad to people searching Google for… For instance, when I type “marketing,” these options come up: marketing, advertising, marketing mix, marketing plan, what is marketing, online marketing, marketing strategy, direct marketing, marketing definition. The more options you check, the larger your potential audience becomes.
  10. If you’ve gotten to your largest potential audience, then hit next.
  11. Write a headline, text and include your website link and a phone number to call (optional). No need to get fancy with these items. In fact, use as many keywords from the previous exercise as possible.
    Move to the next screen, input your credit card info and the ad will go live.

You will receive a dozen of so pages or search phrases, and you will be shown the views and ad clicks for each search term. Refine your ad as needed with this data. With regard to ROI, you will see overview views, ad clicks, amount spent and visits from the ad, as well as average time spent on your site and average number of pages viewed.

I recommend a monthly budget of 1,000 with a daily budget of $33 per day. Once your ad is up-and-running give it 2-3 days to reach maxium impact then get into the dashboard and spend an hour or so looking at its impact. Make adjustments as needed. Keep in mind, the more money you spend and the more often you refine your campaign, the better your results.

Overall, you are looking at about 1-2 hours of time commitment to get the ad campaign set-up. You are looking at another 1-2 hours once the campaign is running for a few days. After that, you should spend 15-20 minutes every day or every other day checking your ROI dashboard.

Good luck!

It’s not a secret anymore. SEO and PR are in bed together. Definitely naked.

PR-SEOSEO and PR are best buds. Boo’ed up. They got a dog together. They have rings picked out.

PR is so important to a website’s SEO strategy now that it can’t be overlooked by companies not investing in a brand communications strategy, which is focused on content and awareness-driving tactics.

The way it works is other websites need content, especially bloggers, journalists and news editors. If you are producing strong content that has mass appeal, then you can get an e-book, thought leadership piece (either an industry news report or opinion/perspectives piece) or press release (written like a news story) picked up as contributed content.

How do you get a pick-up? It’s five-stepper that is easier than you think.

  1. Draft a press release (300-400 words) providing a quick overview, capture key points, give a quote from a SME and link back to your website, and any sub-pages where you are trying to drive traffic. Also, use free SEO tools like Wordstream or Google Adwords to include relevant and high volume key words being searched on the Internet.
  2. Create a targeted media distribution made up of relevant industry publications, local newspapers (might be just a few or several across dispersed geographic area). Issue the release with a general but personalized note.
  3. Put the release on the national, international or other targeted wire (they are broken down by a number of different options). Personally, I like BusinessWire and PRWeb. There are several other options, however. I’ve had the most success with the two companies I named, and reporting from both is pretty solid. The release links back to your website, and if you issue it with 2-3 different wire companies, you have 2-3 back links.
  4. Get bloggers to pick your release up, or include it as part of a compilation blog along with related news from other sources. Of course, lead with your news, but make it easier for a blogger to get your content out there and quickly. It’s rare a blogger is going to pick up with being paid, so use tools, like Blogdash, which have relevant bloggers, Klout-scored and ready, to feature you content. You can at least get 2-3 bloggers with $300-$400 bucks, all linking back to you website.
  5. Use your owned social media channels. Publish a blog on your own website. Promote it on Twitter, using relevant hashtags (research them on Twitter to see which ones are getting high and regular traffic). Tweet to journalists and editors. I’ve gotten several bites using this method. Also, copy and paste your post on LinkedIn Publisher and publish. Of course, link back to your website.

This process can be repeated with each piece of content (news) you have, and it’s a pretty low cost when comparing to utilizing a PR firm for a monthly retainer of anywhere from $10,000-$30,000+ a month. Most companies don’t have that to spend, especially small businesses. Be smart. Be wise. Operate a lean SEO and PR program that brings strong results.

Navigating and solving the B2B marketing puzzle

funnelHere’s a blog post for all you B2B marketers or small businessowners doing your own marketing in the hizzzouse, lol.

The biggest fail I seem when it comes to B2B marketing is an integrated approach. As a brand or small bizowner, you may be doing SEO, social media marketing and email marketing, but you aren’t doing product PR, content marketing and paid digital advertising.

To increase brand awareness, deliver more web traffic and bring in qualified leads, you need to be doing every one of the marketing tactics I just mentioned. And, if I have to rank, by importance, these tactics it would go something like this:

  1. Content marketing – Case studies, white papers, industry/vertical snapshots, e-books, etc. Each piece of content should live on a separate landing page, and anytime someone downloads content the sales team should be notified by a marketing automation tool like HubSpot.
  2. Paid digital advertising – Targeted social media ads on Facebook, Twitter, search engines (Google and/or Bing), and ads in existing industry e-newsletters with established, captive audiences.
  3. Email marketing – An opt-in campaign is needed for all email subscribers. You don’t want to be spammed, or low open rates and click-throughs. You should also identify and vet email vendors that sell qualified lead lists that are targeted to your industry verticals. Then you should communicate regularly via a monthly e-newsletter, or lead nurturing campaigns highlighting content pieces specific to certain industries.
  4. SEO – You need to regularly research and identify top search terms, and incorporate them into existing web copy, blog posts and social media posts. Meta-tagging is extremely important, as well.
  5. Social media marketing – Identify where your target audiences live in the social space, and then develop and publish diverse content that is engaging. This can include: industry news from reputable publications from your key verticals, original blog posts, blog posts from key vertical influencers, engagement posts (i.e. word scrambles, polls, first word that you see, etc.).
  6. Product PR – This is important for product reviews by industry journalists, who are trusted by the audiences that you are targeting. You can also incorporate press coverage into email marketing and social media content strategies.

You don’t have to do all of these tactics at once, but you do have to develop a plan and execute one for each tactic. It’s also important to measure the effectiveness of each tactic to be smart about how your budget is allocated, but no matter what all of these pieces are dependent on one another. One really can’t work as well as it should without the other, and as a result you won’t achieve the objectives needed to grow your business.

Focus, fire a gun… after m-commerce, not e-commerce

mobile-commerce12“If I could turn back time…” – Cher

I’m sure a lot of retail big wigs would if they could do just that, turn back time, on the personal technology revolution. Consumer trends quickly took us from PCs to tablets and smartphones.

In doing so, m-commerce — or mobility commerce — is becoming as important if not more important than e-commerce. M-commerce offers consumers the ability to easily purchase from their device of choice — tablet or smartphone — regardless of location. E-commerce allows consumers to purchase from a desktop PC.

A February 2015 Wired.com says that in approximately two years, a smartphone could be a consumer’s only computer. “The global PC industry has been on a downward trend for the past few years as smartphones penetration continues to grow. Tablets are replacing the need for a notebook for a number of tech-forward, mobile workers. And now large size smartphones (phablets) are taking the place of tablets,” according to the article.

For consumer retail brands, this means that e-commerce will likely be dead in the next several years. They need to be proactive, and have an infrastructure in place that is re-focused on consumer experience from an m-commerce strategic standpoint.

Here are seven tips I borrowed from DMInc.com’s blog:

  1. Keep it Simple. Make navigation as simple as possible focusing on user experience. This includes intuitive search and browsing as well as an easy check out process.
  2. Consider going Native. Developing a native app increases responsiveness and speed of the app delivering the best user experience for the user. However, besides the native app, the mobile web site is core for reach and to cover all platforms.
  3. Increase Security. Use trusted platforms and remind the customer at which stage they are in the payment process.
  4. Improve your marketing interactions. Your m-commerce strategy must be an integral part of your marketing strategy and not merely an extension of it. Think mobile advertising, geo targeting, location-based services, coupons, mobile valued-added features, use case based design, mobile email marketing.
  5. Partner with experienced mobile developers and consultants. They will have past experience of success to build on. Using their experience will save you time, avoid failure, gain on quality and have a faster Return on Investment.
  6. Encourage social interaction with links like sharing options on social networks
  7. Use Analytics to track your Key Performance Indicators and efficiently manage your m-commerce project.

Before you push this off as a quick fad that will pass. Here are some stats to chew on: Amazon doubled its mobile sales to reach $8bn in 2013. Walmart estimated that 40% of all visits to their internet shopping site was from a mobile device. According to IBM, Mobile sales increased by 46% in Q4 2013. Mobile commerce is booming. Need more proof? Ask Groupon, Uber, Airbnb.

Consumer data should drive brand marketing efforts

dataAs a consumer, I’m still getting the same ol’, same ol’ from my favorite brands. Yes, this means too many emails, text messages and social media updates (if they haven’t already been pulled from my newsfeed due to algorithm updates).

I want to grab brands by the shoulders, shake them and say, “Why?!?!?!” Why are you not learning from your data? Are you even looking at your data?

Many brand marketing leaders get caught up in the routine of comfortability. Maybe they have thought about changes, but the car is still moving and hasn’t run out of fuel yet or lost a tire.

Or it could be that leaders aren’t even aware of the trends. Hello… it’s the age of the customer, and we are calling the shots these days.

I don’t know which one is worse, but whatever the reason, make a change.

  • Start with a an audit. Figure out what data you have on your customers, and how they are interacting with your brand.
  • Take this data and create (or update) your customer profiles.
  • Conduct some focus groups. Find out if your customer profiles are on point.
  • Now, do a survey. Fill in the gaps that are missing, like how your customers like to be communicated with, etc.
  • Build marketing plans around your finalized customer data. They should include a number of different methods and vehicles, as well as gamification.

This exercise is important, and should never be overlooked. It should be the done annually, and in partnership with marketing, sales and research. The information gathered is so valuable, and your brand depends on it.

See, building long-term, sustainable relationships with consumers isn’t as hard as it seems.

Hey brands, fully commit to digital marketing or hit the bench

image

Brands, regardless of size and focus, should really audit how digital marketing (in particular social media) is being used for their business today. What was once effective may no longer be a winning strategy or tactic.

The adrenaline rush for digital marketers like myself is that the landscape is constantly changing, so I’m kept on my feet and at the top of my game. While it’s a boon for me, it’s usually a bust for brands.

Here’s some reasons why:

  • Brands don’t have digital adrenaline junkies leading their charge in said space. They have traditional managers in roles to understand enough about the digital space to be competent, but not enough to be ahead of the game in terms of effectiveness, strategy and value.
  • Executive marketing leaders don’t get behind charges that require: 1. a major change in strategy (and this happens a lot with algorithmic changes and audience migrations), 2. additional resources (headcount, budget or both) & 3. COO, CEO and CIO buy-in.
  • And, most important, a lot of brands aren’t serious about digital. They know they need it, but don’t fully resource or budget for it to be effective. Few brands right-size their digital programs for current needs, near-future needs and long-term needs.

One example is that in 2015, social media as many brands know it today – content & engagement strategy and community management & social customer-relationship mangement (CRM) – are pointless.

Facebook, and other social networks will follow suit, has changed its algorithm to force non-paid promotional/call-to-action social posts out of followers’ newsfeeds. To get back into your followers’ feeds, you need to pay for an ad to re-market and re-target messaging to your existing followership.

Most brands don’t have a budget for social and won’t, because they are too small or the business case wasn’t presented to execs (or it was and it was rejected). So, brands need to focus on:

You may not recognize any of the social and digital programs I’ve listed above, and that’s because that’s how quickly things have evolved. Keep in mind that the list about should be integrated into an overall strategy for your brand, where each of the vehicles work together to create awareness for your brand and drive sales.

The digital space isn’t going to stop changing, but brands have to change their approach to be effective in this space. If they don’t then, plain and simple, they are wasting resources on headcount and budget that can be put to other efforts that drive business.