Tag

marketing

Browsing

By

Are you interested in working with influential social media personalities? Not sure where to start?

In this article, you’ll find three tools to help you manage influencer relationships and campaigns.

#1: Partner With Legitimate Influencers Using HYPR

One of the biggest risk factors in influencer marketing is fraud, where fake influencers buy followers in order to appear influential. That’s also one of the reasons brands don’t see positive results from their influencer marketing campaigns. Once an isolated issue, influencer fraud has become a real concern in recent years.

To empower your influencer marketing efforts in the coming year, you need new metrics and tools to discover real influencers to work with.

HYPR is an advanced influencer search engine that helps you find real social influencers across major platforms: Facebook, Twitter, Instagram, Pinterest, and YouTube. HYPR organizes social media information to match brands with niche influencers within targeted audience demographics.

When you sign up, HYPR lets you explore the platform with a free trial. After that, you’ll need to upgrade to one of the three subscription plans, depending on your business’s needs.

Click HERE to read the remainder of the article

By

Sourced from Social Media Examiner

By Richard Agu

If you’re like most people, then you probably hate when you receive communication that’s clearly automated. This is even more frustrating when automated content isn’t informative, or doesn’t apply to you at all.

To be clear, marketing automation is a great thing for businesses of all sizes — but only if executed correctly.

The reason your marketing automation may not be yielding much right now might be because it’s too robotic and feels impersonal, with little to no human touch. Some forward-thinking brands have discovered the essence of human side of management.

The fact is, in the future, you can expect brands to get more personal with their consumers.

For instance, IBM, Cisco and Intel all do great jobs at meshing business with social media marketing. And in the next few months, WordPress will make it easier for brands to communicate visually with their target market through significant design improvements via the Gutenberg project.

There are many ways marketing automation can be done effectively and still be more human than robotic.

Here are five marketing automation tips to help steer you in the right direction:

1. Personalize Marketing Automation Emails

This tops the list because this is where some businesses are getting it wrong. You should have segmented lists that allow your emails to feel more relevant to the people you send them to. Consumers expect more information on the things they’ve purchased or made inquiries about. That’s what personalized marketing automation is about.

Doing otherwise makes current and potential customers feel as if you have no personal connection with them. You can achieve this by collecting data on orders placed and searches made by your customers and categorizing them. Trying to catch everyone at the same time will only make you lose those you’ve already gotten. Don’t make people lose interest in your emails.

2. Content Still King

When it comes to marketing, content is still king. Roughly 84% of people expect content from the brands they do business with. There is also a correlation between the quality of your content and your search engine ranking. So, if you want higher search rankings, content should be part of your overall marketing strategy. Hubspot revealed that 20 percent of all mobile search queries are now done with voice.

Creating content around trigger words like “how”, “what,” and “best” can get you some quick wins. Also keep in mind that your content is a representation of you and your business. Make your content informative and well written; avoid grammatical errors and blunders. In a bid to achieve this, make sure your content isn’t long, and add relevant links.

3. Look Beyond Email

Email is a great way to get people’s attention, but it’s important to think outside the box. Marketing automation isn’t limited to just email alone. It involves other marketing platforms, which social media is a big part of.

Considering how stiff the competition is, you’ll agree that Twitter and Instagram are gaining ground by the second. That’s why businesses are making more use of Instagram and Twitter. Post informative pictures and videos on Instagram and Twitter about your products and services and people will gain more interest.

You don’t necessarily need to be online all the time to make it work. Enlist some social media influencers to help you out, if it’s in your budget. And don’t just post content—create a dialogue with your followers, and engage your audience. People don’t like being left hanging. That’s why businesses with strong presences on these platforms are winning social media. This is also a great way to learn more about your customers and what they want from you.

4. Follow Up on Interested Lists

You don’t necessarily have to limit marketing automation to just interested people. However, leave the uninterested out of your lists and pay more attention to the interested. The purpose of marketing automation should be geared towards sustaining the interested and informing the uninformed.

I don’t think anyone hates getting messages from sites and businesses I’ve unsubscribed to than I do. Instead of making your messages look like spams, why not focus on those that are interested?

5. Stay on Same Page

When it comes to marketing automation, sales and marketing teams need to be working together towards the same plan. You don’t need the confusion, since they carry out different duties but have similar goals. And once they’re not in unison, then your marketing automation becomes more robotic than human. Cooperation of these two units can be achieved by constant communication. They should have regular meetings to make sure they’re working towards those set goals.

Feature Image Credit: (Linda Bucklin/Dreamstime)

By Richard Agu

Richard Agu is a researcher, entrepreneur and freelancer, passionate about entrepreneurship and self-development. Currently, Richard writes for Entrepreneur.com, Goodmenproject.com, among others. Follow him on Linkedin.com by clicking here now.

Sourced from NEWSMAX FINANCE

By

Big brands are wrestling with how to build direct relationships with consumers, and how to do so in spite of data ownership and data privacy challenges. It’s true there’s simply no better way to learn about consumers’ preferences and how to most efficiently serve them than by selling products or services directly.

Collecting first party data about sales is the distinct benefit of selling to consumers without a middleman, and that’s why big businesses see so much promise in the startups dedicated to the model.

So far this year, investors have spent $1.2bn on young, little-known direct-to-consumer businesses, that’s up from $810m in all of 2017, according to CB Insights. These startups are also ripe for acquisition. In recent years, Unilever bought Dollar Shave Club for $1bn, Walmart purchased Bonobos for $310m, and Kellogg bought RXBar for $600m.

My company, Hubble, sells contact lenses direct to consumers via subscription. Neither I nor my partner have a background in optical, sales or marketing. Rather, we’re numbers folks with backgrounds in finance, consulting, and programming. Within a year, we logged $20m in revenues.

I credit a lot of our success, and the success of other D2Cs, with knowing how to access data and build relationships using this data (plus knowing how to help the customers gain from the data, because otherwise they won’t share it – consumers are whip smart).

For D2C companies, marketing looks more like sales. D2C businesses don’t launch one message at every consumer, but rather vary their approach and their offers to each individual, using data analysis to optimize it, and technology to ramp it up to a mass scale. This individualized direct marketing interaction allows the business to hone its sales pitch to a razor’s edge.

To achieve this, it’s imperative to prioritize the right data – and that’s often not the traditional marketing metrics you might be thinking of. Focus on the data that allows you to sync up consumer behavior and your operations. For example, when it comes to measuring costs, forget the ones that pervade e-commerce, such as cost per click. What really matters is cost per acquisition.

Another important figure is your customer’s lifetime value, because that will tell you how much you can spend acquiring them. You also can’t run your business without understanding how much your customers are ordering, and what profits those orders deliver. That, in turn, means understanding your margins inside and out.

With these metrics available, D2Cs can learn the right message to send, at the right cost, to the right person—information that brands working through retailers can only approximate. This is the holy grail of marketing, and just moving brand spend to digital doesn’t get you there.

All this said, there is a competing reality. While a D2C-style sales strategy have obvious benefits, it can’t take away all the pain. On the manufacturing side, scale effects still hold and manufacturing more product leads to lower cost. And, nothing is more efficient (sorry, Amazon) than driving product in trucks to Big Box stores for sale to the consumer.

D2Cs, in consumer-packaged goods especially, don’t enjoy these advantages.

I like to imagine what business would be like if you could bring the strengths of these two worlds together: large scale manufacturing, big box stores, and digital direct marketing. It would be revolutionary, and even better it would benefit all parties: retailers, brands, and most of all consumers.

So far, however, the conversation has been framed as either/or, as David vs Goliath. The next step is finding the “and.”

The IAB’s Randall Rothenberg spoke to this when the bureau released a direct brands study earlier in the year. To brand marketers, he said: “You must watch [D2C brands]. You must know them. You must partner with them.”

It’s time we learn from each other and create solutions that we can all stand behind.

By

Jesse Horwitz is the co-chief executive and co-founder of Hubble Contacts.

Sourced from The Drum

Sourced from Lyndax

To understand the difference between these concepts, simply apply them to you

In my work with entrepreneurs and business students, I often hear marketing strategies explained as “having social media,” “having an online brand,” or “advertising a lot.”

These explanations make me cringe because while they might be part of a plan, they grossly oversimplify the deeper and more complex concepts behind a truly effective marketing strategy.

In order to explain and help others understand marketing — namely the difference between marketing, advertising, and branding — I ask them to apply each of these concepts to themselves personally. When you do, this is what it would look like.

Marketing is how you see yourself.

Marketing is the image that you are trying to present to others. It starts with how you dress, the colors and patterns you choose, and how you groom. We all have a strategy for this — yes, everyone, including your unkept second cousin who rarely showers and wears the same Star Wars shirt he’s worn since college.

Even not having a strategy for your personal appearance is a strategy itself.

You choose your image to portray yourself as a business professional, a punk rocker, a tech nerd, etc, and by doing so, you are expressing to others through your appearance your character, lovable attributes and in the end the value you offer to others.

It isn’t fun to admit that appearances are as important as they are, but let’s be honest, first impressions are driven by appearance. Impressions can evolve and be molded later, but as we all know, they require time and effort to change, so we do our best to get it right up front.

For a business, a marketing strategy considers how you want others to perceive your company. It should convey the vision and values of the business and express these in a way that the public will recognize and associate with your company.

How you “dress” your company will determine how effectively your message and image will be accepted by consumers.

Advertising is how you act in public.

If marketing is how you see yourself, advertising describes your actions.

How you carry yourself, where you hang out, and what you say are just as important as how you look. All of this should be considered with your marketing strategy to assure that you have consistency between your image and your actions.

For instance, imagine that you wear a New England Patriots jersey and get a “I Heart Tom Brady” tattoo, but during the Super Bowl, you cheer for the Philadelphia Eagles and celebrate their victory. You will confound — and probably infuriate — all of your friends and likely be exiled from future Sunday game days.

Your business advertising strategy is the same. If you execute it in the wrong places, with the wrong message and tone, at the wrong times, or to the wrong audience, it will ultimately confuse consumers and could turn them away.

Branding is how others see you.

While marketing is how you want others to see you, branding is how they actually do.

Your marketing strategy should assess and consider your personal brand. If you have a strong brand, you can spend more time building on it. If you have reputation problems, however, you need to focus on rebuilding or changing perceptions.

As an example, if your professional network believes you to be fraud or slacker, then it will require more than just dressing professionally and mastering your LinkedIn profile to change this perception.

Similarly from a business standpoint, understanding how consumers perceive your business is crucial for how you decide to execute a marketing and advertising strategy.

Now, I understand I just over-simplified complex marketing concepts — exactly what I critiqued at the beginning. I find, however, that applying these concepts to ourselves creates an effective and simple way to explain how each concept can and should be applied to your business.

Sourced from Lyndax

By Larry Kim

Every marketer needs the right tools in order to succeed in running marketing campaigns.

Here’s a list of every marketing tool you need updated for 2018.

100+ Must-Have Marketing Tools

This mega list of marketing tools is categorized.

Check out tools for automation, email, ads, SEO, SMM, research, analysis and a ton more.

Most of these tools are either free or affordable.

Each tool alone has the power to energize your marketing successes. Together, these tools could add up to your winning formula for making marketing unicorns.

1. Digital Analytics Tools

  • Google Analytics
  • Google Analytics Premium
  • Adobe Analytics

2. Facebook Messenger & Chatbot Tools

3. Social Media Publishing Tools

  • HootSuite
  • Buffer
  • SproutSocial
  • Viralheat
  • FalconSocial

4. Online Customer Service Tools

  • MobileMonkey
  • Zendesk
  • Help Scout
  • Get Satisfaction
  • Freshdesk
  • Groove

5. Social Media Listening Tools

  • SocialMention
  • Talkwalker Alerts
  • BuzzSumo
  • Social Crawlytics
  • Sysomos

6. Social Media Campaign Tools

  • Shortstack
  • Spredfast
  • Woobox
  • Pagemodo
  • Tabfoundry

7. Site Audience Comparison

  • SimilarWeb
  • Alexa
  • Google Analytics
  • Experian

8. SEO Keyword Analysis

  • Google AdWords Keyword Planner
  • Google Trends
  • SEMRush
  • Bing Ads
  • Übersuggest

9. SEO Rank Checking

  • Google Search Console
  • SEMRush
  • Searchmetrics
  • Moz
  • Ryte

10. SEO Site Crawling

  • Google Search Console
  • Ryte
  • Screaming Frog

11. SEO Backlink Analysis

  • Google Search Console
  • SEMRush
  • Ahrefs
  • Majestic
  • LinkResearchTools

12. AdWords Paid Search Analysis

  • WordStream
  • SEMRush
  • SpyFu
  • Optmyzr

13. Influencer Outreach and Management

  • Buzzsumo
  • BuzzStream
  • Traackr
  • Onalytica
  • Lithium

14. Data Management Platforms and Audience Targeting

  • Cxense
  • Criteo
  • Krux
  • Neustar
  • Oracle
  • Adobe Audience Manager

15. Page Engagement Tools

  • Clicktale
  • Crazy Egg
  • Tealeaf

16. Content Management Systems

  • Sitecore
  • Adobe Experience Manager
  • Acquia
  • Oracle WebCenter

17. Blogging Tools

  • WordPress
  • HubSpot
  • Movable Type
  • ExpressionEngine
  • Drupal

18. Content Curation and Authoring Tools

  • Evernote
  • IFTTT
  • Feedly
  • Scoop.it
  • Cronycle

19. Landing Page Creation and Testing Tools

  • Unbounce
  • LeadPages
  • Instapage
  • Optimizely

20. Digital Asset Management

  • Adobe Experience Manager
  • Wistia
  • Vimeo
  • Uberflip
  • Placeit

21. On-site Push Notifications

  • Hello Bar
  • BrightInfo
  • Sumo
  • Evergage
  • Bounce Exchange
  • SaleCycle

22. Personalization for Ecommerce

  • Evergage
  • Barilliance
  • Marketizator
  • SaleCycle
  • Monetate

23. Ecommerce Cart Recovery

  • Cloud.IQ
  • SaleCycle
  • Optilead
  • Fresh Relevance
  • Pure360

24. A/B and Multivariate Testing Tools

  • Convert
  • Visual Website Optimizer
  • Optimizely
  • Oracle Maxymiser
  • SiteSpect

25. Ecommerce Management

  • Magento
  • Woo Themes
  • Shopify
  • PrestaShop
  • Actinic

26. Product and Customer Review Tools

  • Trustpilot
  • Feefo
  • Yotpo
  • Bazaarvoice
  • Reevoo

27. Call Tracking

  • Infinity
  • Convirza
  • ResponseTap
  • CallTrackingMetrics
  • CallRail
  • Nextiva

28. Marketing Cloud, CRM and Campaign Management Tools

  • ThriveHive
  • HubSpot
  • Marketo
  • Hatchbuck
  • SalesForce
  • Oracle Marketing Cloud
  • Adobe Marketing Cloud

29. Email Service Providers and Marketing Automation Services

  • Aweber
  • iContact
  • MailChimp
  • Constant Contact
  • Get Response
  • Infusionsoft
  • Act-On

30. Email Marketing Optimization Tools

  • SurveyMonkey
  • Polldaddy
  • Typeform

Take your marketing strategies to the next level using the tools above.

Over to you; what marketing tools do you swear by?

What other tools that are not in this list have you found most helpful? Feel free to add your thoughts in the comments!

Be a Unicorn in a Sea of Donkeys

Get my very best Unicorn marketing & entrepreneurship growth hacks:

  1. Sign up to have them sent to your email directly

2. Sign up for occasional Facebook Messenger Marketing news & tips via Facebook Messenger.

By Larry Kim

Larry Kim is the CEO of MobileMonkey — provider of the World’s Best Facebook Messenger Marketing Platform. He’s also the founder of WordStream.

You can connect with him on Facebook Messenger, Twitter, LinkedIn, Instagram.

Sourced from Medium

By Tobin Lehman

In the B2B space, we can sometimes get lost looking for the newest shiny objects and forget about the basics of digital marketing. Don’t let that happen to email. There’s a reason it’s tried and true – it still holds the highest ROI.

It’s time to go back to the basics.

The Basics of Email Marketing

For most B2B organizations, email is used in every aspect of their business. Your sales guys send emails. Your marketing team sends emails. Your customer service team sends emails. For most organizations, email is the number one touchpoint for communicating with customers. Your customers likely receive more email from you than they ever receive phone calls or in-person visits. So, the content and context of your email marketing should never be taken lightly.

That said: why do we think about email so little in our organization? We’re going to dive into three areas of our business to determine how to best use email to reach our goals.

Sales Team Emails

As I mentioned, your sales team should be sending a lot of email. The reason they do this is because with the advent of email marketing and CRM integration, you should be able to send a lot of emails that cut down a lot of time and increase productivity. But we still get asked this question often: “What kind of emails to our sales team be sending?”

Well, it’s a good question. The reality is that email offers more of a challenge for sales guys than it does for any other department. (If you’re a sales guy, you can quote me on that.)

The reason why it’s much more difficult is that you’re expected to be both personal and automated at the same time. In other words, you need to get a lot of emails out, but it can’t be willy-nilly, because your potential customer is looking for personal attention and customization. They want to feel that you’re paying attention to them – and so does everyone else. The problem is that you’ve only got so much attention to give.

Marketing helps with this a bit, but it can’t totally fill the role of “personal attention” for the customer. Yet, without that, the prospect can feel funneled, or herded, which would detract from the impact you are trying to have.

This means that from a sales perspective, an intelligent CRM-based email marketing with high customization is an absolute requirement. If you’re sending out templated emails but you are not using a system like HubSpot or Infusionsoft, you’re probably spending a lot of time doing it. Or, if you’re not, you’re definitely not doing it well.

If you’re just getting started, the key is to start slow and find the biggest bottleneck. Then, work to find the areas where email automation can have the biggest impact – places where it can really help you save time and increase your productivity. Create those templates first, and find easy ways to automate them. If you’re not using HubSpot Sequences, for example, this could be a real leverage point for you in the organization.

Marketing Emails

Marketing is the act of positioning your product or service within the marketplace. Advertising is the expression of that position to the targeted customer. So your goal, in a marketing context, is to continually position your firm or service within the mind of your potential customer.

When you think of a channel such as email, this could include such tactics as an email newsletters and drip campaigns, but on a bigger level, you should push thought leadership. The marketing message should focus on the unique differentiators of your firm or service within the market. This means you need to drive the value of your firm’s service every time you send an email.

So if you are a professional services firm, this positioning should include your expertise, which is really the summation of all your experiences being applied to a customer problem. Don’t just send your latest project; send some of the thinking that made your latest project successful.

The success of your communication will directly correlate to how well it helps customers solve their problems. If you’re constantly talking about yourself or your products and services without a correlation to your customer, or if you never tie in how your product or service will solve their problems, you’re just creating noise.

There are too many product and service emails that simply talk about what’s being offered without ever considering the benefits that the end customers actually care about.

For example, you may have the highest-rated service on Yelp, yet that means nothing to me if you don’t address my pain points specifically.

This is a high-level review of marketing email, but hopefully it provides direction toward where you should push.

Customer Service Emails

The communications you have with your customers over requests, service calls, or even the day-to-day management of an account are sometimes just viewed as inconsequential. But how could we leave these major touch points to chance?

What’s most important is that every email that’s sent out of your firm is thought through in terms of how it affects the customer experience.

Have you reviewed your customer service rep’s email sent box recently? Think about what kind of information you could find in there. If they’re being polite, if they address the customer concerns, if there’s terseness – frankly, there could be a whole array of challenges or wonders inside of that email box in terms of who is winning and losing accounts when it comes to customer service.

Since every firm and company is different, let’s talk about this from a conceptual standpoint. You should determine your email communication standards from a customer service perspective on day one. This could include response times, response context, and other technical standards, all the way down to the signatures and closing remarks of emails.

A good email customer service strategy may need to be broad to encompass all situations; it could also be very narrow in terms of an escalation or communication policy around particular issues. If you’re setting up a meeting, for example (which seems minor), you could have templates for emails that are sent out to make sure all the details are covered. The alternative is to just ad hoc it, sending an email saying, “Hey we got a meeting tomorrow here’s the agenda see you then..”

Yikes.A properly thought-through strategy could include some reminders on directions and the more formalized greeting, for example.

Don’t Take Email For Granted

All this to be said, every email from your firm or your company is a piece of communication to your customer. Don’t leave it to chance.

Email should be thoughtful, purposeful, and measurable to make sure it’s having the best impact. The emails you send will be a large part of the communication experience your customer has with your firm.

ByTobin Lehman

Sourced from Business 2 Community

By

When was the last time you saw a queue outside of what you would call a fairly ‘ordinary’ restaurant? Or an ‘exclusive’ concert? Perhaps a pop-up that gives away gluten-free bread outside of a tube station? Quite recently, I suppose.

People love queues, don’t they? That uncomfortable feeling of standing on your feet for ages while thoroughly investigating someone’s back just to get access to something…special. Well, not really. This is not something people particularly enjoying doing. But the fear of missing out (or ‘FOMO’) is so frantically embedded in our DNA that it is a far greater ‘discomfort’ for us to miss out than to waste some time in a queue.

How does this tie into social media marketing? Social media is nothing more than our world under a microscope. Sometimes marketers are too close to their own profession and don’t quite remember that it is as simple as that. They treat “social media users” as a different group of people altogether. This doesn’t particularly help since they sometimes fail to tap into human psychology 101.

Take your average Facebook ad. How often do you see a call to action that truly lures you in? In 2018, 69.95% of ads have included a CTA – a great jump from 2016’s 51.54% – but what do the rest of the ads (the 30.05%) include? They probably have some nice imagery. However, even if a picture is worth a thousand words, words (or in our world, “copy”) can elevate your ad to drive conversions. How? Enter FOMO.

The power of FOMO

How do you incorporate FOMO in your marketing efforts? Essentially, it’s about coming up with a “FOMO” proposition around your brand/product/service that’s too strong to pass.

There is a reason why ‘limited offers’ work. It’s all about framing what you offer in a timeframe. AdEspresso recently conducted a Facebook ad experiment to test three of the most popular CTAs; “Sign Up”, “Download Now” and “Learn More”. The “Download Now” CTA outperformed the other two by more than 40% in terms of cost per lead. Time-sensitive words like “now” and “today” work successfully because of the urgency they call out. You also want to make sure you call out your customer. You want to make it personal. According to Hubspot, personalised CTAs perform 202% better than basic CTAs. Words like “you”, “your”, “yours” make your copy instantly more approachable. All of a sudden, the ad is about them! They stop and listen.

What are people going to miss if they don’t join/download/buy/sign up to what you offer? This is a question that you can only answer after going deep into your social data and understanding who your audience is and where it lives on social. It could be a case where you discover that your main audience is more outgoing and sociable than the average social group. This comes with the assumption that they probably have a lot of friends they care about (and subsequently, care about their opinions) so you make it about their friends. You run a Facebook ad that is targeting people whose friends have joined YOUR Page and you go in with the hard sell: “Your friend is already part of [enter brand/product/service here]. Isn’t it time for you to join today?” This is one way to take advantage of our hardwired urge to not miss out on anything.

Common-sense marketing tells us we need to exaggerate about whatever we are selling. As a result, we focus too much on the specifications of the end-product and how well our brand compares to others. We make the sale about us. However, if you change the narrative and flip the mirror, a more persuasive argument is helping people see that if they don’t join you they will miss out on an opportunity that hasn’t been presented to them before.

By

Sophie Katsali is lead strategist at Wilderness

Sourced from The Drum

By

Demonstrating value and ROI from social media marketing campaigns has been challenging since marketers first began using the platform to target prospects and customers. But should ROI even be a major social media justifier? Some say social media marketing success means looking beyond ROI, while others adhere to the age-old advice that says your company’s business objectives prove social media worth. “Social media actually goes beyond ROI,” said Hariraj Rathod, social media analyst at Numbertank. “It helps in achieving good branding effect on audience and also helps to showcase products and services by segmenting and targeting the correct audience. Social media marketing also helps a brand understand how well their products are being consumed or liked by certain demographics.”

Is social media even worth it for your organization? If it is, where should your focus be as a marketer? To answer these questions, we caught up with digital marketing pros who offered a number of social media marketing tips that can help you make the most of your social programs.

Understand Younger Generations and Their Growing Mistrust

Deciding which metrics matter isn’t the lone challenge for marketers using social media. Some say it’s deciding whether to invest energy and resources into it in the first place. After all, marketers face a growing mistrust of social media platforms in light of data breach scandals like Facebook-Cambridge-Analytica and shrinking social media audiences.

Shama Hyder, CEO of Zen Media, a marketing and new media consultancy, noted in a Forbes article last month that Millennials and Gen Z are annoyed with brands taking up space in their social media feeds, and a third of them have deleted their Facebook account.

Know Social Media’s Place in Your Digital Ecosystem

Using social media is a thing of the past, according to Hyder. Companies should shift from a mindset of “using social media, to a mindset of adapting and thriving in an ecosystem where a highly connected, social, empowered consumer is now the norm, and traditional econometrics and data are no longer adequate to measure and track the success of content and campaigns,” Hyder wrote.

ROI is not the be-all and end-all for measuring success, she added. It’s more effective that metrics match the “complexity, ambiguity and dynamism” of a customer’s journey, she said. Integrate social data and metrics with other KPIs from web analytics, CRM, etc. and view social media platforms beyond just a “marketing channel, and leverage it instead as one prong of a larger strategy and source of customer insight.”

Support Engagement and Education, Not ROI

Belinda Alban agrees. Alban, the founder of Your Virtual Assistant Service, said the focus of social media should not be on ROI but on growing your following to increase brand awareness, engaging with your customers to create raving fans and educating your potential customers about the benefits of your product. “The bigger your platforms are the more opportunities you have to do this,” Alban said.

Social media may or may not lead to an increase in sales, but it will give you the opportunity to build relationships with your audience and deliver “amazing” customer service. “On the back of the relationships and trust and confidence your brand has built with social media you should see an increase in the reputation of your brand,” Alban said. “And it is your reputation that can make or break a company.”

Know Thyself, Know Thy Company

As long as your brand matches its social media playbook to its company objectives, you’re on the right track, according to Maria Burpee, a B2B marketing consultant for MB Consulting. “The ROI — and the metrics — comes from the board and company objectives,” Burpee said. Do you want to be the most well known or favorite brand or build a community or movement? Social media, even if it doesn’t lead to sales, is key. Are you looking to generate leads? Social media listening is key. Are you trying to create high loyalty and referrals? Cultivating social media “love” and responsiveness is important. Do you want to have the best customer service and hang your hat on that as a differentiator? Social media can be part of the mix. Social media metrics wouldn’t be found in a high-level executive dashboard, Burpee added, but rather the metrics are important to support a broader KPI dashboard.

Consider Using Unique URLs

One way to capture and track ROI on social media is using unique URLs. “Any time we post content that includes a link, we use a unique URL so we can track where the traffic is coming from and not for social media in general, but each channel specifically,” said Tiffany McEachern, social media specialist for PSCU, which provides solutions for credit unions. “Each social channel has a unique URL so you can see where your clicks are coming from and spend your time and efforts on those social media platforms,” McEachern said. “Even if social media isn’t giving your company a strong ROI, it builds brand awareness and in today’s day and age, companies are expected to be on social media.”

Assign Specific KPIs, A/B Tests

James Bray is a social media marketer who works for the Equal Opportunity Community Initiative (EOCI), a nonprofit that relies on donations received from fundraising activities. Bray said his Board takes spending decisions more seriously than most, whether the costs are incurred by outright paid advertising or through the staff’s efforts to create and manage social media content. “The return on our social media marketing investment is therefore calculated in terms of engagement: profile views, click-throughs to the website, email subscriptions and volunteer recruitment,” Bray said. “These measures are a great deal more important than, for example, simply counting the number of Instagram followers, because they reflect the degree to which someone is interested in partnering with us.”

To ensure the nonprofit receives a return on its social media investments, Bray said the team needs to be clear about its objectives and how much time it can afford to devote to each. It then attaches KPIs to those goals to ensure they are met. “The EOCI’s communications team is constantly A/B testing its social media strategies, using a combination of each platform’s own insights along with Google Analytics to determine what sources constitute the best outreach and result in the most beneficial conversions,” Bray said. “Based on these results, the EOCI Board feels that our social media engagement strategy has a positive effect on our ability to connect with our target audience and reach our objectives.”

Listen on Social, Execute in Customer Service Channels

Clair Jones, chief strategy officer and co-founder of Witty Kitty Digital Marketing, said monitoring how your audience is talking about your brand through social listening is vital. You can use the data to inform your customer service programs. “You can learn so much about how to improve customer service and experience, tap into audiences you didn’t know you had, and hone your branding and messaging,” she said.

Balance Between Organic and Paid Social Efforts Matters

If your organization is going to invest in social, consider the aforementioned tips and also strike a balance between paid and organic social media marketing. “Advocate for smart social that communicates the organization’s mission and engages the audience,” said Maria Mora, content director at Big Sea Design. “And layer a strategic paid social plan over that for a stronger return and more targeted presence on social platforms.”

Feature Image Credit: Shutterstock

By

Sourced from CMS Wire

By

Inbound marketing has dominated many brands’ strategies recently, but contributor Scott Vaughan explains how technological advances are enabling better outbound efforts.

The B2B marketing world is shifting, and that means we must look for new strategies and techniques to adapt to changing customer, selling and marketing requirements.

A generation of marketers has grown up on inbound-driven demand strategies and tools. You know the process: buy and drive traffic; put up a landing page on your website; get somebody to fill out a form; and then nurture, score and send to sales once they’re qualified. Things have progressed from our days as pure brand marketers, and this has been a solid way for marketing to contribute to revenue.

Digging deeper

As B2B marketing and sales organizations prioritize more precise ideal customer profile (ICP) targets and account-based marketing (ABM) strategies, traditional inbound marketing tactics alone aren’t generating the demand needed to hit increasing pipeline and revenue goals for many B2B teams.

We simply can’t expect all our target decision-makers to find our website and fill out a form. Nor can we keep buying “lists” to populate our expensive databases, especially in a permission-based marketing world. And we can’t direct endless amounts of precious budget at media to drive low-converting website traffic just to have sales and marketing resources chasing down unqualified “leads.”

“In today’s reality, it’s crazy to think all your target accounts are just going to show up to your website,” Jennifer Pockell-Dimas, CMO at Egnyte, told me when I spoke with her earlier this year. “With ABM and the precision that’s required, you must go where your prospects are.”

To meet today’s mandate, we need to get our content and messages in-market where our audiences (ICP and target-account decision-makers) are doing their research.

One marketing strategy that is being re-imagined, modernized and used more aggressively is third-party demand gen — top-funnel contacts generated by third-party channels or sources, rather than through your own website or landing pages or your own social profiles.

A few examples are:

  • Content syndication: Distributing your content (typically branded) to target audiences via third-party sites and social networks; purchasing leads on a cost-per-lead (CPL) basis.
  • Product- or service-review sites: Buying leads on a CPL basis from product-focused or crowd-sourced sites that capture contact info from individuals researching relevant products and/or services.
  • Shared-lead campaigns: Running lead gen campaigns with partner brands/channels where leads are captured on third-party landing pages and provided to multiple companies.
  • External webinars: Sponsoring webinars organized by a third party to acquire audiences and generate contacts that fit your ICP.

Many of these approaches may look familiar. The difference today is the modern techniques, tools and data that are providing smarter ways to generate more precise top-funnel, third-party demand that works in tandem with your inbound effort.

Here are a few ways marketers can modernize their top-funnel, third-party strategies, as well as the tools needed to make these strategies work.

Use tools to manage multiple providers and tap into fresh audiences with precise targeting

Many B2B marketing teams have applied a “set and forget it” mindset to third-party demand. You sign a contract with a provider, and you use the same providers every quarter or even sign an annual contract. This approach rarely works in the mid- to long-term because there’s no way to quickly vet low-performing partners nor adapt your plan as business needs dictate.

With today’s top-funnel automation and demand orchestration solutions, you can use tech to manage multiple providers at the same time, continually testing each to identify the sites, providers and programs that deliver the quality you need. And you can validate the data and fix any bad lead data before it hits your marketing automation or CRM systems.

With accurate data, you can route to the right nurture track or sales pro for immediate follow-up. These modern tools allow you to scale by using and measuring multiple top-funnel providers and sources at the same time.

Rescript the follow-up and follow-on process

One of the biggest mistakes when using third-party demand providers is the follow-up. It’s critical we don’t follow up on third-party leads with the proverbial, “I saw you downloaded x white paper, attended y webinar” or, worse, “are evaluating z solution.”

This is not engaging. It simply provides a sure-fire way to turn your prospect off — on the phone, via email or on chat. (By the way, the same applies for inbound leads.)

Rather, marketers report finding more success using a different approach that uses program data and taps into contact or account data in their MA or CRM systems. For example, you may adapt the follow-up script to something more conversational, such as: “It looks like you and your team may be doing some research around x; how is that going? …”

This approach drives a more meaningful dialogue and leads naturally to a discovery conversation about your prospective account and the buyer’s needs and pains. It will also quickly tell you if they fit your ICP.

From here, you can learn more about their initiatives and share additional educational content in the right context. This approach also allows you to qualify the buyer and the account for next steps, including sending the lead to sales with actionable information.

Apply intent data monitoring to identify and prioritize accounts in the market

Increasingly popular is the use of intent data monitoring with these top-funnel programs. These solutions allow you to prioritize and target those companies that are showing increased activity around a given topic across the web. An emerging group of martech and third-party media providers are monitoring their sites and the broader B2B web to understand which companies — in aggregate — are interacting with which content/subjects by topic. For example, if you sell cloud storage solutions, it’s valuable to see which companies are doing research on these solutions.

With a list of active companies — identified by domain — you now have a more targeted list to reach out to with top-funnel programs. You can then prioritize your outreach efforts, targeting the right personas and roles at these companies using your branded content. These techniques increase the effectiveness of your investment when working with third-party providers and sites.

Third-party demand generation is an effective top-funnel marketing strategy when done right. It requires planning, management and more precision, which in the past has caused some marketers to shy away from it. However, the recent advent of several key marketing techniques and technologies has helped with all this, making third-party demand gen far more efficient and effective than it was just five years ago, especially for today’s ICP and account-based approach.

By

Scott Vaughan is CMO of Integrate, a marketing technology software provider automating top-of-funnel marketing for B2B marketers to enable demand marketing orchestration. Scott leads the company’s go-to-market and growth marketing strategy. He’s passionately focused on unlocking the potential of marketing, media, data and technology to drive business and customer value.

Sourced from MARTECH TODAY

By 

Research recently undertaken by Mention Me in conjunction with OnePoll discovered that consumers have a clear preference for certain types of marketing when it comes to discovering new brands.

By a significant margin, consumers prefer “pull” types of marketing over “push” methods – in fact, 71% expressed this preference. In simple terms, “pull” marketing are those methods which enable a consumer to discover the brand for themselves, such as search engines or recommendations, while “push” techniques seek to create consumer demand by advertising directly to the individuals through methods like email and direct mail.

In addition, the research highlights a mismatch in terms of the newly emerging marketing channels, such as Influencer marketing, and consumer trust. While many retailers are spending considerable time and effort building influencer strategies, it appears that those efforts could be better placed focusing on other forms of endorsements – namely, reviews and referrals.

According to respondents, these options are trusted 3x more than endorsements by bloggers and YouTubers.

The media preference varied by sector, but showed similar patterns, as shown in this infographic – Push vs Pull Marketing.

Push vs Pull Marketing

 

By 

Follow Angela Southall on Twitter

Sourced from Social Media Today