Branding Category

Developing a Marketing Strategy

A marketing strategy is like your roadmap to marketing success. Every small business owner should have an effective and detailed marketing strategy to consult as needed.

Whether you’re embarking on a new marketing campaign, improving your web presence, or simply sending a sales letter to a group of customers, every marketing move you make should fall under the umbrella of your marketing strategy.

Here are a few tips to help make your strategy as effective as possible.

Know the Market

The first thing your strategy should consider is your market. Who are your customers? What do they want? What do they want for free, what are they willing to pay for, and how much will they pay for it?

When you are rolling out a new product, you should have a picture in your mind of precisely who is going to buy it. If you don’t, then you should be doing a lot more research ahead of time.

Find your Niche

Every product and service on the market should be there as an answer to some need or problem. Moreover, what differentiates your product from your competitors’, and why should your potential customers choose you. Your marketing strategy should attempt to answer these questions.

Define your Goals

This is perhaps the most significant part of your marketing strategy. When you’ve identified who you are going to sell to, and on which basis you’re going to promote your product, you need to define a plan to move people from conviction to action.

In other words, convincing your potential customers that your product is the best product on the market is one thing, but how are you actually going to get them to open up their wallets and buy your product?

There are a number of ways that you can do this, including directing customers to your website, or getting them on the phone so that you can drive them to action personally. Whatever option you choose, it needs to be defined in detail beforehand. All the advertising in the world won’t get you anywhere if it doesn’t leave people with a definite channel through which they can buy your product.

Test your Results

Testing is the final key to any marketing strategy. You will never get everything perfect ahead of time. Your marketing roadmap should ideally be in a constant state of flux. As you implement new marketing campaigns, you should be testing what works and what doesn’t work. Improve on the good, and get rid of the bad.

Happy marketing!

Sean

Sean McPheat

Marketing ConsultantSales Expert - Motivational Speaker

Social Media Optimisation – The New SEO

So we’ve all heard of Search Engine Optimisation (SEO), and a few of us will even have a good understanding of the basic principles of SEO and will be able to use these to generate more traffic for our company websites and blogs. But as always the platforms for online marketing are changing, and as we move into 2012 we need to not only be focusing our efforts on increased SEO for our sites, we also now need to be thinking about our social media marketing goals and how we can further engage our audiences for the year ahead.

Social Media Optimisation (SMO) is the new SEO and it can do wonders for your business in terms of generating more leads and increasing awareness of your brand – so how can you optimise your corporate social media accounts to get the most out of them in 2012?

Well, there are two basic components to any good SMO campaign. Firstly, you need to link your social media sites to your website and blog content through the likes of social media share buttons. By adding a Facebook “like” button, a “Tweet This” button or Google Plus’ “+1” button to your content your audience can easily share your content with others and give recommendation to your work, which any visitors to your site will be able to see through the number of likes and shares each your posts or pages have had.

The second component to a successful SMO campaign comes from the contributions you make yourself – by providing high quality content which continuously engages your audience, then sharing this to all of your social media platforms yourself so that all of your followers have regular updates to keep them interested.

It is also very important when creating improved SMO for your business that either you yourself, your marketing team or your company as a defined brand itself interacts with your audience directly, through posting comments on your own sites, interacting with your followers and engaging in discussion and debate on other relevant blogs and forums. Simply plastering your content all over your social media platforms is not enough – you need to engage your audience and interact with them in a way which drives discussion and sparks further interest.

In basic terms, in order to be successful with SMO your content needs to be engaging and up-to-date, and it needs to be made easy for your audience to share this content across as many social media platforms as possible.

SMO is just as important for your business as SEO has been, as not only can it drive traffic to your sites, creating increased lead generation and in turn boost your sales, but it is also aimed at increasing your direct contact with your current followers – which in turn will push your online reach out across your targeted markets and allow you to engage with more and more potential clients.

The main downfall with pursuing an SMO campaign is that it can be very time consuming, and if you don’t have a dedicated team to push SMO it can be very difficult to maintain a strong online presence for your business – so look out for future posts about some great online tools which can help streamline your social media efforts and increase SMO in one foul swoop.

Happy marketing!

Sean

Sean McPheat

Marketing Consultant – Sales Expert – Motivational Speaker

3 Ways to Improve your Word of Mouth Advertising

Despite all the buzz about social media and the revolution that it is going to create in the advertising world, word of mouth is still king. Very few things are valued more highly than a personal recommendation, so when one of your customers starts talking about how great your product is, people are going to listen.

Engage your Customers

Some products generate enough interest to create word of mouth and marketing buzz on their own. For the other 99% of products, you’ll have to do a bit of work to get the buzz started.

The best way to get word of mouth started is by maintaining an open dialogue with your customers. Ask them what they think of your business, what they like, and what you could improve. If your customers like one thing about your business, and your marketing materials are advertising something else, then you need to change your marketing focus.

Get Them Talking

A lot of times, there are word of mouth promotion channels that your customers may not even be thinking about, although they would probably be more than happy to promote your business.

For example, if you own a restaurant, and you know that a customer particularly enjoyed his meal, then ask him to write a review on Yelp! Your customers appreciate the hard work that you put into providing a quality product, and I think you’ll be surprised to find how willing they are to write a glowing review for you.

Throw them a Holiday Surprise

Few things stick in a person’s memory longer than an unsolicited act of kindness. Get your customers talking about you by doing something for them this holiday season. Send some of your best customers a coupon for a discount on their next purchase.

Integrate with Social Media

I know I started this post by taking a cheap potshot at social networking, but sites like Facebook and Twitter are actually just a modern take on word of mouth advertising. Specifically, they give you the ability to see which customers are spreading the good word about your business, and too see exactly what they are saying about you.

Don’t underestimate this impressive opportunity. Social media has given you the ability to know exactly what your customers are talking about. Reward your best customers, and the ones who are saying great things about you. And tailor your marketing materials to get them more in line with the good things that people are saying about you.

There are a million and a half ways that you can try to reach your customers today. But even with all the recent advances in marketing technology, the best way to reach them is still by winning over their friends. Make word of mouth advertising start working for you today!

Happy marketing!

Sean

Sean McPheat

(Image by Stuart Miles)

Marketing ConsultantSales Expert - Motivational Speaker

 

Advertise your Excellency!

Comments OffDecember 22, 2011

I know firsthand that a lot of small business owners are struggling. The economy is heading southward, and politics are seemingly deadlocked yet again. Ye there’s no reason that 2012 shouldn’t be your most productive year ever. The key is simply learning how to effectively tell people how great your business truly is.

All Work, No Play

I personally know a lot of small business owners and freelance contractors out there who are working day and night, producing excellent products and services, but they simply don’t have much to show for it. This is because they are not communicating with clients effectively enough.

There is an ancient Chinese proverb, that “he who rises before the sun 360 days per year cannot fail to make his family rich.” Yet many small business owners are in violation of this proverb, simply because they don’t know how to advertise themselves.

Leverage Social Media

Fortunately, the rise of social media provides small business everywhere with a way to advertise, (almost) totally free of charge. It would be a crime not to take advantage of this opportunity.

Actually putting together a social media campaign goes way beyond the scope of a simple blog post. My purpose here is just to get you started on your way.

If you haven’t already, set up a Twitter account, a Facebook page, get LinkedIn, and create an account on YouTube. Then start engaging. Engage with thought leaders in your industry. Learn from them, and re-share their information.

Then start sharing information of your own. Just remember that the key is looking at things from your customer’s point of view. Only engage them with information that you think will benefit them, and information that you think they will want to re-share.

For instance, don’t just put up a YouTube video that talks about how great your product is. If I wanted to see another dull advertisement, I would turn on the television. Make a video which is humourous, informative, or both. Maybe mention your product briefly, maybe just use it to promote you name. But definitely don’t just upload 5 minutes of satisfied customers talking about your product.

The best thing about social media is that fakers get weeded out fairly quickly. When you are communicating with your customers on a daily basis, it is much more difficult to pretend that you know what you’re talking about.

On the other hand, though, if you’re confident that you provide the best service in your industry, then a social media marketing campaign will make this shine through, and new customers will come flocking to you.

Happy marketing!

Sean

Sean McPheat

Marketing ConsultantSales Expert - Motivational Speaker 

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