Grow your business through smart, simple marketing

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by: Wendy Lieber Athena Marketing [email protected] 954.294.6467 Grow your business through smart, simple marketing

Transcript of Grow your business through smart, simple marketing

Page 1: Grow your business through smart, simple marketing

by: Wendy Lieber Athena Marketing

[email protected] 954.294.6467

Grow your business through smart, simple marketing

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Key topics we will cover:

• What is marketing?

• Key issues small businesses face

• Start with a marketing strategy

• How to create an implement a game plan

• Q&A

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First let’s talk about me• Undergrad in marketing from FSU, MBA from NSU

• Strong product management/branding background with consumer durables

• Worked in Private Equity community - responsible for enhancing value of operating companies through marketing

• Got bit by the entrepreneurial bug in 2001 - started Athena Marketing, haven’t looked back

• My passion is helping businesses share their story in a compelling, relevant way that results in growing their business

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Key issues small businesses are facing

• Everyone in the company wearing lots of hats. Especially YOU.

• Never enough time to “get it all done”

• Keeping your head above water is tough enough, never-mind finding the time or budget to innovate new products/services or new marketing strategies.

• You don’t have a marketing plan or any consistency in your marketing activities

• You mistake tactics like email, website, social media with “doing marketing”

• Overwhelmed with all the digital tools available and information coming at you and don’t know where to start so just don’t do anything

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What is marketing?

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What is marketing?

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Why bother with marketing? "If I'd wanted to be in marketing I wouldn't be running a roofing company.”!

• You are in marketing whether you like it or not.

• Marketing is not about pressuring people to buy your service.

• Marketing is about the way you deliver your service, how you interact with customers and prospects, how you address issues like customer satisfaction, identifying opportunities, understanding customer needs and as a result being better than your competitors.

• Having a good marketing strategy in place help reduce business risk and improve profitability, and stay ahead of your competition in good times and in bad.

• Marketing enhances a company’s brand which makes them more valuable to customers, prospects, strategic partners and investors.

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Where to start?

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Key questions you must be asking and answering on a consistent basis:• Why does my business exist?

• What are my goals?

• Who is my target audience? When do we do our best work? Who is our perfect client?

• What problems do I solve for my customers?

• How do I stand out from my competition? What do I do better, cheaper or faster?

• Are we explaining our benefits clearly to our target audiences?

• How does our business generate new leads?

• What marketing assets do we have?

• What methods can I use on a consistent basis to communicate with prospects and customers?

• How am I going to keep my current customers so I get repeat business and get referrals from them?

• How am I going to track and measure my marketing activities and results?

• Do I have a written marketing plan with an activity calendar that I am following?

• Do I have the right resources in house or do I need to outsource my marketing?

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Good news/not so good news • Technology has changed the

way we communicate with our audiences.

• Every company is a publisher and has the ability to get their story published.

• Technology helps us connect with our customers 24/7 and them with us

• More access to information than ever before.

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Fascinating Stats • 78% of Internet users conduct product research online.

That means your website stands a good chance of being a prospect's "first impression." That also means your new business card isn't a business card—it's Google.

• 78% of business people use their mobile device to check email. So that means pretty much everybody that can check email on a mobile device, does . Is your email newsletter optimized for mobile devices ?

• 57% of businesses have acquired a customer through their company blog. Finally, some good news! Blogging is good. Intrusive ads are bad. See how simple it is?

• 41% of B2B companies and 67% of B2C companies have acquired a customer through Facebook. If this stat doesn't poke a hole in the "Facebook is not useful for B2B companies" myth, I don't know what will.

• The number of marketers who say Facebook is “critical” or “important” to their business has increased 83% in just 2 years. That's right— critical or important. When a channel generates not only leads, but real revenue, you can't call it "experimental" any longer.

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Creating a game plan Outbound vs Inbound Marketing

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Creating a game plan• Inventory of your marketing assets:

1. Website

2. Blog

3. Newsletter/Email communication

4. CRM systems, email lists, databases

5. Testimonials/3rd party reviews

6. News, Recent Projects, New Materials/Technology, Education, Subject Matter Expertise

7. Logos, tag lines

8. Collateral materials - brochures, signage, vehicles

9. Digital media

10.Employees

11.Trade Organizations/Media Contacts/Industry Relationships

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Implementing the plan• Phase I: Developing your foundation - all driven from your

marketing plan

1. Website - Up to date, 2014 date on it, device responsive, blog/news area that is updated frequently, install Google Analytics

2. Blog - News, Recent Projects, New Materials/Technology, Education, Subject Matter Expertise - Companies that blog have far better marketing results. (Blog weekly)

55% more visitors 97% more inbound links

434% more indexed pages

3. Communication - Newsletter/Email Communication to your database - Minimum monthly

4. Referral Program - ask for referrals on a consistent basis

presenter note: you’ll notice I didn’t include social media - if you don’t have these 3 key things, you don’t have a foundation to do good social media

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Implementing the plan• Phase II - Building on the foundation!

• Establish a social media presence LinkedIn Google+ Facebook Twitter YouTube

• Adding social media sites/feeds to your site • Publicize in your newsletter on any other communication

materials - signage, vehicles, trade shows • Engage in conversations - Comment, Like, Retweet - Interact

with your audience, target audience, hashtags • Advertise

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Measure, Manage and Refine

• Review your marketing plan and key goals • Determine key measurements you will track

• Initially it will be just getting things done: Website content, # of blog posts, Newsletters, Social Media Posts

• Website visitors, Time on Site, Pages Visited • Open Rate, Click Through • Google Rank for specific keywords • Social Media Audience, Interaction • # of Conversations • Repeat Business, Referrals, New Business

• Refine and Improve

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Keys to Success• Know, Like, Trust, Try, Buy, Repeat, Refer - Everything you do is

marketing • Your success, or lack thereof, all starts with your marketing plan

that answers key questions about your goals, your why, your audience and your USP

• Consistency is key - without it you will never be able to manage, measure and refine

• You have marketing assets! You aren’t starting at ground 0. • Build a strong foundation and grow from there.

• Start simple with your 1. website, 2. your blog and 3. consistent communication with your audience

• Review your goals and KPI’s as often as you review your sales and pipeline - you will start to see how they work beautifully together!

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Questions

• Anyone having a challenge right now they want to solve?

• What marketing have you done that has worked for you or failed miserably?

• Joint ventures

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Wendy Lieber 954.294.6467

[email protected] www.athena-marketing.com

!!