A helping hand is just that. These are posts we believe will help you to improve your marketing.

  • Helping you measure your marketing more effectively
  • Helping you focus so you get a better ROI
  • Ensuring you are planning and then delivering your marketing

Of course, if you need a hand with any of this, we would love to have a chat and see how we can help you improve your marketing and grow your business.

Give us a call on 020 8634 5911. Let’s arrange a time for a coffee and a chat.

5 Ways to use your Lockdown time to improve your marketing

improve your marketing during lockdown

Lockdown started on the 23rd March and we are yet to get any real idea of when it will start to be lifted. If the impact of the lockdown on your business means you have more time on your hands, here are some ways you can use that time effectively to improve your marketing performance.

Why should you do this now?

There are only two reasons:

  1. Improving your marketing will generate more leads for your business, either now or in the near future.
  2. If you are quiet now, this great use of your time keeps you feeling positive, in readiness for the lockdown release.

Review your marketing performance

Prior to the lockdown, what marketing was working for you and what wasn’t? If you identify what wasn’t working, you can cut out that activity. You will save time and money; resources that can be used in other ways.

By focusing on the marketing that was working, you can drive more leads for your business.

Which web pages need improving?

behaviour flow from Google Analytics

Google Analytics gives you a huge amount of information about the performance of your website. Review the data and see what pages need to be improved:

  • Pages with a high bounce rate aren’t giving the viewer what they are looking for
  • If a page has a high exit %age, it is putting people off and they are leaving, probably for a competitor’s site.
  • Are your blogs being read? If the average time on page is low, they probably aren’t.

Take some time to review these pages and see how they can be improved. Do they need more content? Perhaps better Calls to Action? Imagery and video content can be great ways to keep viewers on that page.

Is your messaging right?

If you aren’t getting the leads you want, there’s a good chance that your messaging isn’t quite right.

The easiest way to assess them is to check whether your messages relate to the issues your clients have or they relate to what you do.  They should relate to your clients’ needs!

Are you doing enough marketing?

If your marketing activity levels don’t equate to your business growth targets, you are going to struggle to hit those targets. Let me explain what I mean.

If you want to grow your business by, for example £0.5million in revenue next year (with an average client value of £25K), you need to add 20 net new clients. If last year’s marketing added 10 new clients, you need to either do twice as much marketing or make it twice as effective.  Chances are it will be somewhere in the middle.

If you aren’t doing enough, look at what else you can do, either more of the same or something different in addition.

Gather more Evidence

Your prospects and your target audience will want to see evidence that you can deliver a great solution. That you can help them. Having a constant stream of new evidence being added to your website is real proof that you can deliver and a great way to improve your marketing performance. If you haven’t added any evidence recently, look at projects you have delivered in the last few months. Which of those show you in a great light and can be converted to case studies? Which clients will give you a glowing testimonial you can use on LinkedIn and your website.

 

These are just five ways to use the lockdown time to improve your marketing performance. We hope they give you something to think about and, of course, if you need some help, call us on 020 8634 5911. Let’s talk about how we may be able to help you.

Don’t be the wrong type of business during the lockdown.

In the current unusual circumstances we are all facing at the moment, there has emerged five different types of business. A brief description of each is below and I think it’s clear which I think are good and those that aren’t. During the lockdown and the following weeks, the way your business is perceived is going to be very important to how your business performs, particularly once things return to normal (whatever the new normal is). These are our recommendations to ensure that your marketing means you come across in a positive manner.

We see the five different types of business as:

1. Those Taking Advantage

In any given situation, there are always businesses that will take advantage. You’ve heard stories of people selling toilet rolls and sanitiser at many times the normal cost. There are, of course, the cyber criminals who have increased efforts by 667% in March alone.

They are playing on peoples’ worries and fears. They know that people will pay inflated prices for what they think will allay their fears.

2. Those doing Nothing

Many businesses fit into this category, and it’s certainly understandable. They are worried about money. The money they have in the bank will only last so long, and they have no idea of how much money will be coming in. For some, events industry companies for example, their clients dried up overnight. For others, such as many types of retailer, government instructions have stopped customers buying. Their insurance may, or may not, cover their losses.

3. The services that are needed

In the same way there are companies who take advantage of a situation, there are others whose services or products are desperately needed. Companies selling exercise equipment are seeing sales spike, for example. These companies could hike prices, but they don’t. They accept the bonus trade and they do what they can to meet customer demand. They also know that this won’t last forever. They are giving back to society as they can too.

4. Continuing as normal

This type of company knows they need to continue talking to their clients and their target audience. They understand that they need to continue communicating in order to maintain awareness for the future. However, they do something that isn’t great. They ignore the current climate and keep treating things as if they are normal. Perhaps they don’t want to admit issues. Perhaps they are trying to hide their concerns about the impact today’s situation will have on them.

5. Those who adapt

Companies can adapt in a number of ways in order to survive and make the best of the situation. The Portobello Road Gin Distillery is now making and bottling sanitiser for the Metropolitan Police. Ventrade is providing free vending machines for NHS locations in their area. These are just two examples.

Many food and drink producers are changing channels, going much more online. The Cronx is a local brewery to us, here in Croydon. Their bar is no longer open, but you can still enjoy their beer by buying online. A butcher local to our director’s home is now delivering instead of you going to him.

Others are adjusting their messaging to talk about how they can help clients with issues that they are facing now. This may mean simply changing some of the wording they use within their marketing. For others, it’s about using the skills they have within their business in different ways.

Which one are you?

How to make sure you come across well

1. Don’t just throw the words around

The importance of the NHS, care workers, retail staff and delivery drivers has come into stark relief over the last couple of weeks. People want to show that they recognise the work these groups are being made. However some are now talking about these groups in their social media and other content, simply to try and come across as caring. If you haven’t talked about them before, don’t go overboard on your support for them now. It runs the risk of being insincere.

2. It’s not about you

Your marketing content should rarely be about you, but never more so than now. If your marketing communications are talking about how you are contributing to society, make sure it is about the recipients of your help, not about you. Talk about how you are helping others.

3. Adapt, don’t change

Some companies can make radical changes to their business quickly, but they are few and far between. Whilst there is nothing wrong with making some changes, for example: how you communicate, if you make massive changes to your marketing messages, you will confuse your target audience and your network. Big changes have to be explained carefully and clearly.

4. Keep your focus

Just because your business is quiet at the moment, it doesn’t mean that you can suddenly deliver services to new sets of clients or customers. You run risk of alienating your current audience and confusing your network if you do.

Your target audience may not be buying much at the moment, but you need to ensure that your marketing really is showing the value you can deliver, to increase the chances of them buying in the near future.

5. Review your scheduled content

If you work ahead of time, so you have web content or social media posts scheduled to go out weeks, or even months, in advance, you need to review that content. You don’t want to be posting inappropriate content.

6. Don’t hike your prices

If you are lucky to be a high demand business at the moment, hiking your prices to take advantage of the situation is going to come across very negatively. You may make more money for a period of time, but it is likely that people will move away from you very quickly – as soon as one of your competitors is back trading.

7. Keep talking, but not too much

We get 1000’s of messages thrown at us every day. We can only absorb so many of those. If your company stops talking to your target audience, you run a real risk of being forgotten.  Whilst people may not be buying right now, they will need your services at some point in the future. If you stop talking, the chances of them remembering you are slim.

However, don’t over communicate. If you are struggling, there is a real temptation to up the frequency, particularly via email or social media. If you do this, you are running a risk in two ways:

  • You will annoy people with too much communication. You can easily come across as desperate.
  • Too much communication suggests that you have plenty of time on your hands -and so cannot be much good.

8. Don’t sell

Don’t get me wrong, you have to still generate revenue for your business, but be mindful of the situation and peoples’ circumstances. People will buy from you, if you are selling what they really need right now. This may not be want you want to hear right now, but if you try and sell to people who really don’t want to buy now, you run a real risk of damaging your brand forever. Better to have a couple (hopefully) of quiet months than a quiet forever.

9. Be honest

When talking to people, be honest. If you’re struggling but your bravado means you claim things are good, people will expect you to behave as normal. That means paying bills, delivering on time etc. If you need some leeway or some help, you are far more likely to get it if you are honest.

We hope this has given you something to think about. Of course we are going to say you need to keep marketing through these uncertain times, but we want to make sure you’re doing it in a way that will improve your brand, not damage it. Keep safe!

Before we go, we just want to say thank you to Chantal at Panpathic. She’s has been really helpful with some of these tips. If you want to talk PR, she’s the lady we recommend!

8 Marketing Tools you can use remotely

marketing tools article open sign image

With the threat of Coronavirus upon us, and many people predicting a real hit on the economy that could last months, it is vital that you keep your marketing going. In a world where we get so many messages every day, it is easy for people to forget about you. So here are 8 marketing tools that will allow you to keep in touch with your target audience…

Email

If you have their contact details, email marketing is one of the easiest ways to maintain awareness within your target audience.

Whether you are using email marketing tools, such as Mailchimp, or simply sending them from your Outlook or Gmail account, keeping a regular stream of relevant and useful emails going out to your target audience will show them how you add value and will ensure they remember you when the time is right.

Social Media

Iur phones rarely more than a few feet away from us. This means social media is another marketing tool for small businesses to use to maintain awareness. Remember that the social media tools you should be focusing on are the ones your target audience uses. Don’t try to include every single platform, just in case. You are far better off using two platforms, perhaps LinkedIn and Instagram, and doing it well, rather than trying to maintain accounts across LinkedIn, Facebook, Instagram, Twitter, Snapchat, TikTok and others – the more you try to use, the less time you have to generate great content.

And don’t forget to also share other people’s content when you believe it will be useful for your target clients – this can generate just as much credibility for you as a post of your own.

Blogs

Articles that show how you help your target audience are proven to maintain and increase brand awareness, increase SEO performance and generate leads. They also provide valuable material for you to share over email and social media.

Think about the issues facing your target audience, both right now and throughout the year. What can you write that will show them you can help them?

Webinars

Webinars allow you to talk directly to your audience without the need to be in the same room as them. Email and social media can be used to make your target audience aware and to get them to sign up; the webinar gets you in front of them.

Podcasts

Podcasts are a great way of travelling with your target audience. Your listeners can either stream or download your podcast, with many people listening whilst they travel or during a bit of work downtime. If people are self-isolating because of coronavirus, there is only so much daytime TV they can watch! Give them something useful to listen and you can quickly build an audience.

Video

In the same way that webinars and podcasts allow you to reach your target audience remotely, video content, via YouTube or Vimeo, will help you get your marketing messages across. Your phone’s camera is perfectly suitable for creating video and all you need is a space you where you won’t be disrupted.

Make video content that shows how you help your target audience and they will remember you when they need help. Great content is always shared too, expanding your audience even further.

Direct Mail

Not something you would normally think about, but if you are self-isolating, think about writing a few letters. If your handwriting is good enough (meaning I will always be typing!), handwritten letters are effective. People recognise the time you have invested.

Your Phone

Perhaps the least used feature on many people’s phones is… the phone.

Dial someone’s number and talk to them. Humans are naturally social animals and there is only so much isolation we can take. This more static period is the perfect time to build and strengthen relationships. Get on the phone and have a chat. Check in on how contacts and clients are doing and show you care about them and their business.

 

To keep your business growing during times of economic uncertainty, whether that is the current coronavirus epidemic or a recession, the small businesses that keep their marketing going are the ones that survive and the ones that benefit most when things return to normal. Even when the decision makers aren’t buying, you need to ensure that you remain in their thoughts. When they are ready buying again, they remember you. The time you have invested up to now mustn’t be wasted by allowing them to forget you going forward. These eight marketing tools will help you maintain awareness within your target audience so you are at the forefront of their minds at the point they need your help.

I hope this has helped you and that you, your loved ones and your business stay healthy and prosperous through this tough time.

Pointing you in the right direction to attract and win more clients

image to support pointing you in the right direction article

Image by Gerd Altmann from Pixabay

The role of the owner of a small business is varied, encompassing a wide variety of different tasks. From finance to sales, from marketing to operational delivery. The problem is that most entrepreneurs go into running their own business because they love what they do. Does this sound familiar? Do you love doing what you do and really wish you could spend the vast majority of your time doing just that? You are highly skilled in delivering your passion. You know exactly what to do and how to help your clients. And the biggest problem is actually finding more of those clients to help! Let’s look at a quick and easy solution to help you do that; one that doesn’t cost the earth and won’t take up huge amounts of your working week – however long that may be. The process of attracting, and then winning, new clients can be complex, particularly when you aren’t 100% sure on what you are doing. Here’s our four-step programme on how to attract and win more clients.

1. Know what has worked so far

Do you know how you won the clients you have right now and the ones you’ve had before now? How about how you attracted the prospects that you didn’t convert? Knowing this is a vital step in winning more of them.

If you know what worked and generated more leads, in stands to reason that you would do more of it. Conversely, if you know what isn’t generating leads, you’d stop doing that wouldn’t you?

Tracking your leads and your sales is actually relatively easy. You write them down somewhere. For some companies, it makes sense to invest in a CRM. For others, a spreadsheet will be more than sufficient.

2. Decide who you want as new clients

There is nothing to stop you signing up whoever comes to you, assuming you are confident you can deliver and they will be profitable. However, when it comes to being proactive to attract new clients and generate leads, you have to be focused. The word anyone MUSTN’T be in your vocabulary.

Identifying the industry sector, geographical area and decision maker allows you to focus your marketing. Focusing means your resources aren’t spread thinly and will be more effective.

Once you identify who you want to acquire as new clients, you can develop the right messages, by ensuring they show how you can help that target audience. In today’s world, people no longer care what you do, they care how you can help them.

Finally you can pull together a book of evidence that proves you can help them and deliver on your promises. In the same way that you look at reviews on TripAdvisor before booking a hotel, prospective clients want to see proof you will deliver value for money.

3. Determine how you are going to generate leads

How many sales do you need to achieve your targets? How many leads do you need to generate those sales? What marketing is needed to develop the leads? You must start with a target and work backwards.

  • If a client is worth £15,000 a year to you and you want to grow by 10% from your £1,500,000 revenue last year, you need 10 new clients this year.
  • If you convert 10% of all leads, you need 100 leads.
  • Last year’s marketing generated 60 leads, on a budget of £75,000, so you need to generate 2/3rds more this year.

You have a choice at this point. Simply do more of what you know worked last year, whilst stopping what didn’t work. Or, identify other marketing activities that you believe can bring in more leads.

4. Get it done

Perhaps the hardest part of this four-stage process is getting the marketing done. At the beginning of the year, you will be eager and you’ll keep to your marketing plan. What happens when it is working, generating the leads and you are converting them to new clients. You’re going to be busy delivering for your clients. If you want to attract and win more clients, this has to happen.

How are you going to maintain the marketing plan so you have a consistent level of marketing activity happening?

Two choices – employ or outsource – or a 3rd in work every hour sent!

One of the conversations we have very early on with, almost, every prospective client is around the fact that what we do, they could do most of:

  • With some thought and number-crunching, you could quite easily measure your own marketing performance.
  • Looking back, and thinking ahead, identifying your target audience and pinpointing your Ideal Client would take time but you could do it.
  • Developing a plan and then delivering it is all well within your capabilities…

 

So why use SME Needs? Because the hat you want to wear is the operational delivery hat. You want to do what you set up this business to do – work with your clients and grow your business. Your marketing is all about how to attract and win more clients. We help you ensure that happens properly.

Four Questions to ask when considering your small business growth options

Which Box?

If you’ve done any studying around business or marketing, you will remember Ansoff’s Growth Matrix. For those of you who weren’t quite so “lucky”, let me quickly go through it and show you why it is a highly useful tool to help guide your growth planning and therefore your small business marketing.

Image of Ansoff's Growth Matrix to support article on small business marketing and growth plans

 

The matrix has four boxes:

1.       Market penetration = Existing markets buying current products

2.       Product development = Existing markets buying new products

3.       Market development = New markets buying current products

4.       Diversification = New markets buying new products

Where are you now?

If you are still an early stage business, you are almost certainly in the Market Penetration box. You’ve identified a product (or service) and you are working to maximise the size of your client base. You are probably selling to clients who are similar in nature, or need. Your customer base may be across multiple geographical areas, but it if you deliver a service that involves your time, you are almost certainly selling within a fairly tight geographical region. This is simply because of the time, and cost, involved in travelling to other areas.

Moving boxes as a small business growth strategy

The decision to move into a different box, from Market Penetration, is a big one. It is a big commitment and can come with some risk, dependent upon which box you are considering. The decision to move boxes should be guided by your answers to the following questions…

1. Have you maximised sales of your current products to your existing markets?

The answer to this question is almost certainly no. Unless you are the market leader for your region, there will always be the opportunity to sell more. If you are struggling, a market development or product development strategy may work for you. It will depend on whether you believe you know the product or the market more.

2. Are your competitors dominant in your existing markets?

If you were late into the market, it is likely that there are a number of dominant players. They will make it difficult for you to develop your market share, so a different box may be a good alternative for you.

3. Are there products you can sell to your existing market?

If you’re in the technology market, for example, there is always a new product to sell. Many will be updates of what you are already selling them, so that doesn’t count, but there will be alternatives:

  • If you’re an MSP selling on-premise solutions, Cloud would certainly count as new product, as would telecoms.
  • If you’re selling cost savings, are you providing a full range of utilities, plus telecoms or connectivity?

These are just a couple of examples of how moving into the Product Development box may be a good small business growth strategy. However, try not to go too far away from your core products. If you currently provide software solutions, trying to add office furniture to your portfolio is probably a first step too far.

4. Can you properly serve additional markets?

A new market can be one of two things: a new geography – selling in Birmingham, to add to Bristol, for example. Or it can be a new sector – selling to the hospitality sector as well as the leisure sector. If you want to sell to this new sector, can you say you know enough about the sector and their needs to be able to generate sufficient sales within that sector? Developing a good knowledge of the new target market is vital if you want to sell existing products into a new market.

The route through the boxes

Businesses rarely go from Market Penetration to Diversification. Why? It’s simply too much of a risk. Trying to sell products you have little experience of to markets you have limited knowledge of is a gamble. A gamble that most businesses wouldn’t take.

Product or Market Development?

Truth be told, most companies do some of both. Over time, new products appear to sell to existing markets. At the same time, the reach of businesses, particularly in our digital world is constantly extending and orders come in from around the country, or even around the world. “Accidental” market development, however, often means a lower profit margin. Getting your product, or service, to different parts of the world can mean an impact on delivery costs. Customers may not want to pay a premium (at least that’s the way they see the increased costs) to get your product. You then have to decide whether you want to deliver, or not.

If, as a business, you are looking to grow, you will almost certainly have to move into a new box. It doesn’t mean you are leaving the old box behind. Over time, it will actually mean you are working with multiple sets of boxes. One set for each product or market. As you grow you simply move again.

If you are looking to grow your business, consider which is going to be the best first step: product or market.

Of course, if you would like to discuss this in more detail and see how we can help you develop the right small business growth strategy for business, call us on 020 8634 5911 or click here.

Four Changes to maximise growth in 2020

image to support blog post: maximise growth in 2020 Small business marketingJanuary 1st 2020 brought not only a new year, but a new decade. The political scene is one of turmoil and this is going to impact the business environment. As a small business owner, if you want to make the most of 2020 and the new decade, here are four things to do with your marketing to maximise growth in 2020…

Don’t stop talking

When businesses start to worry, they start saving. They stop spending time and money on things they believe they can save on. Talking (or marketing) is one of them. But, when you stop talking, people are quickly forgetting what you want them to remember. We all see too many messages for everything to stick. Only the really memorable, or often repeated, will remain.

As your competitors stop talking to your target audience, you have the opportunity to make more of an impact. With, fewer voices out there, you have a better chance to being the one being listened to and being sought out for assistance.

NEED HELP KEEPING YOUR MARKETING CONSISTENT? CLICK HERE

Talk about your clients – not yourself

There are still too many businesses out there talking about themselves. They talk about how they are “the leading provider of…”, or they talk about the features (and usually complexity – because that means they are clever) of the product or service they provide. The problem here is that they are expecting the target audience to translate that into how it helps them to resolve their problems. Something they simply don’t have time to do.

Take a look at your service/product from the client’s perspective. What is it they are looking for? If you talk about things from their point of view, about how you can help them, they will “get it” faster. They will look at you positively because you’re thinking about them and they are far more likely to get in touch and talk in more detail about how you can help.

Finally, talk in the language of your clients. Using the language of jargon of your industry means you can understand what you’re saying, but you are the person who needs to understand your marketing messages. If your target audience cannot understand your messages, they won’t engage and they won’t talk to you.

Talk to the right people

With reduced investment in marketing comes reduced focus. After all, it takes less time to send, for example, an email campaign to everyone in your mailing list, than it does to segment your audience and ensure the right messages get in front of the right people. Here’s just a few thoughts…

  • Define your Ideal Client(s). The more precise you are, the better you can make the marketing messages you use. You can also use this to ensure your network knows exactly who you want to talk to.
  • Segment your emailing lists, using segment or tags. You may need to add to the data you have in order to do this.
  • Go to topic or industry-specific networking events, rather than the bigger events where you will meet anybody.
  • Consider direct mail campaigns. The higher costs of postage and printing will make you think twice about just how many people you include in the campaign. This gives you the opportunity to make your DM campaigns highly targeted. The more relevant to the reader, the more likely it is to work.

If you really want to maximise growth in 2020, the more focused you are, the better.

Show off your successes

You have delivered some great work for your clients this year. Stop for a moment and think about the projects you’ve delivered and the successes.  Your target audience want the same results, but they won’t know you can deliver those results unless you tell them.  Case studies and testimonials are great evidence that you can deliver on your promises. Add them to your website and use them in your marketing, so you’re spreading the word about just how good you are.

If you have decided to make 2020 the year you really kick start your small business, these four points are where you need to start. Of course, if you would like a hand, get in touch and we will help you maximise growth in 2020.

The 12 Marketing Days of Christmas

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The 12 Marketing Days of Christmas

With Christmas on a Wednesday this year, many businesses plan to stop, or at least slow down, after the 20th December. Very handily that gives us 12 days of Christmas before everyone returns on the 2nd January (although that may extend to the 6th – but there isn’t a 16 of anything around the festive season!). So for your deluctation, here are our 12 marketing days of Christmas…

On the first day of Christmas my Marketing said to me: Thank you for the bus-iness

Thank your clients for the business they’ve given you this year. Whilst some of them may never use your product or services again, it doesn’t mean they won’t tell others who can. For those who continue to work with you, they will certainly appreciate the gesture.

One the second day of Christmas my Marketing said to me : How did you do?

If you don’t know how 2019 went business-wise, how can you set targets and make plans for next year? Review your 2019 performance to see what went well and what didn’t. What didn’t work is the most important piece here, as that is the current drain on time and money. It needs to be improved or it needs to be stopped. Either way, you have to know what needs to be worked on before you can fix it.

On the third day of Christmas my Marketing said to me: what can you do?

To implement a marketing plan that will hit your 2020 targets, you need to ensure those skills are available to you. That means:
1. Find out who has marketing skills within your business
2. Assess whether they have time to use them
After all, it they don’t have time, their normal work will take priority and your marketing won’t get done.

On the fourth day of Christmas my Marketing said to me: What do you want?

On the 2nd day or Christmas, you worked out how you did in 2019. Now, what do you want to achieve in 2020? If 2019 was a good year, compared to 2018, do you want the same level of growth or was that an exceptional year? Remember that continually achieving the same %age growth rate becomes harder and harder as the numbers get bigger.
If you don’t set targets for the business, you won’t achieve them.

On the fifth day of Christmas, my Marketing said to me: Show me money

It doesn’t matter how you slice it, you have to spend on marketing. That spend may be in the form of your time, but as time is money, it amounts to the same thing. You then need to take skills and opportunity costs into account. Whether you have the marketing skills available (the 3rd day) or not, can you earn more by working than it will cost you to pay someone to do your marketing? If yes, then outsource it and keep working.

On the sixth day of Christmas, my Marketing said to me: Can Cli-ents buy more?

Not many companies only sell one product or service. How many do you sell and which clients buy what from you? As your clients already trust you, it is far easier to sell to them than to prospects who don’t know you any better than they know your competitors.
Map your products and clients and see what opportunities there are to sell more to them. The bigger your share of their wallet, the harder it becomes for them to stop using your services – and assuming you’re doing a great job, they aren’t likely to anyway.

On the seventh day of Christmas, my Marketing said to me: Who’s your Ideal Client?

There isn’t a company on the planet who sells one product to everyone in the world. There are plenty of companies who sell lots of different products to lots of different people, but each product has a difference set of benefits and a different set of customers who need that product.
Heinz Baked Beans may be the only exception – selling over 540 million tins a year in the UK!

Having a clear picture of who your Ideal Client is will help improve your marketing in 2020.

On the eighth day of Christmas, my Marketing said to me: Put More Time A – Side

Working in the business, without regular time spent working on the business, will deliver what you’ve sold a little quicker, but will not help you achieve the targets you have for the business. You have to put time aside to review, assess and adapt your marketing plan if you are to achieve your business goals.

On the ninth day of Christmas, my Marketing said to me: Where’d you get your Leads?

Too many companies measure the wrong things when looking at their marketing. Do you, for example worry about the number of Likes and Followers you have or the number of people on your mailing list? If you do we’re sorry to say that they aren’t the most important numbers. Whilst a big mailing list can be good, you’re far better off with a small, but highly engaged, list. The number of Likes you have is superseded by the revenue generated from social media in the vast majority of cases.
Your marketing budget should be concentrated on what is driving new business and growth. To know what is working, you need to know where your leads came from. In the B2B sector, the easiest way to find out is to ask them. Then make sure you record this somewhere. If you would like a lead tracking spreadsheet, click here.

On the tenth day of Christmas, my Marketing said to me: Do you Have a Plan?

If you don’t have a plan, you cannot deliver that plan and it’s highly unlikely you will hit your business goals for the year. You are, broadly speaking, simply hoping you will hit your targets for the year. Does that sound like a good idea?

Developing a plan doesn’t mean spending days working out what to do, or committing huge amounts of money to marketing. A good marketing consultant will work with you to develop the right plan for your business. One that, as much as possible, fits your targets, your budgets and the skills/resources you have within the business. Of course a tiny budget and a large growth target rarely go together, so you may not get everything…

On the eleventh day of Christmas, my Marketing said to me: Who can Really Help?

If your marketing plan includes marketing channels you have little, or no, experience of, you need to find a supplier who can help. You want one with a great track record, one with experience in your sector and one you trust to deliver on their promises. As a Virtual Marketing Director, we help you manage third party suppliers to ensure they deliver on their promises. We have a good network of suppliers we know and trust and we can work with people you know and trust to. Using someone like us to help you manage your marketing means you have more time to concentrate on what you are good at.

On the twelfth day of Christmas, my Marketing said to me: Really get a-going

All the planning in the world won’t deliver a single new client unless you implement the plan. It is only by carrying out what you have agreed is your marketing plan for 2020 that will you achieve the goals you’ve set for the business. If you need more help than you originally thought (perhaps your marketing has been really successful and you have less time than you thought), better to spend a bit more of getting the assistance you need, than for your plan not to be implemented.

Preparing for 2020

2019 has flown by and 2020 is waiting just around the corner. If your 2019 was full of growth and successful marketing you’ll probably want to continue that through to the new year. However, if your year was lacking in that department, then even more reason to keep reading to see our top tips helping […]

How Opportunity Costs impact your Marketing

No one likes the idea of wasting time or money, especially marketers. However, no matter the industry, everything you do comes at a cost. This is why it is crucial you weigh up the pros and cons of your marketing efforts and ensure they are helping you achieve your goals in the most efficient way possible. Opportunity costs aren’t something that can be avoided. Instead, you need to learn how you and your business can best navigate through it.

But first, what is opportunity cost?

Opportunity cost is the benefit or opportunity you sacrifice when you choose an alternative option. Understanding the value of the alternative is an incredibly useful skill to have. It means your decision making is precise and done in consideration for what other options were available.

To calculate something’s opportunity cost, you need to predict the return on investment of each alternative and compare it to the chosen option. If the cost is not a concrete figure, rather an opportunity, you will need to decide which you feel will be the bring the biggest benefit long term.

So how does this affect my marketing?

The concept of opportunity cost affects your marketing strategy more than you may think. The aim of a marketing campaign is to efficiently reach a certain group of people and direct them back to a product or service that they then purchase.

What tends to happen is a company’s marketing strategy will be working, so they do not question it. However, what they don’t realise is they could be doing even better had they gone a different route. For example, say you have a successful Facebook campaign in action and that’s where all of your marketing budget is going. This means you don’t have any budget for LinkedIn marketing which would have brought you double the amount of leads.

To avoid losing out on the opportunity cost of your marketing efforts, before committing to an avenue of marketing, explore all of the options. This means looking in detail at how each alternate could benefit you both short term and long term. From there you can decide which option best aligns with your company’s goals.

If you need help understanding and navigating the opportunity costs of your current marketing strategy, give us a call. We’d be happy to walk you through it.

Cost of marketing support vs. doing it yourself

When thinking about marketing and the costs involved, you have to think about the physical cost of it as well. You have two main options. You either hire marketing support or you do the marketing yourself. These are both great options and which is best will differ from company to company. So what is best for yours?

If you’re currently doing all of your own marketing, there are a few things you may want to take into consideration. Similar to what we discussed above, could your time be better spent elsewhere? Are there more profitable things you could be doing instead of doing your own marketing? If so and these things bring in more income than what it would cost to outsource your marketing, it’s probably a smart decision to consider making the swap. That way you can be confident that you’re delivering great marketing content while having more time to dedicate to other aspects of your business.

If you have any questions about outsourced marketing and whether it’s the right fit for your company, give us a call and we’ll help you with everything you need to know.

Six great marketing technology tools for small businesses



Today was the second, and last, day of the Technology for Marketing Show. This seems to be just the right time to look at the marketing technology products that we know and trust. Some are free and some you have to pay for, but all provide real value and will help you with your marketing, if you fit their target audience.

Let’s start with the free marketing technology

Google Analytics

If you don’t have Google Analytics on your website, you are really missing a trick. Google Analytics is a great tool for telling you how well your website is performing.

Adding it to your website is child’s play, especially if you have a WordPress site. Once you’ve set up your Analytics account, you either add the code (they provide) to the Theme settings or use a plugin.  Either way, you will be live in less than ten minutes.

Google Analytics will tell you:

  • How much traffic you get to the site.
  • Where it has come from (natural search, social media, paid search etc.).
  • The average time people spend on the site, and the average number of pages they visit.
  • Which pages aren’t working well, via the Bounce Rate and Exit Rate statistics.
  • The devices people use to visit, and for e-commerce sites, what devices they use when making purchases.
  • Demographic information about your audience, such as sex and age.
  • The flow of people through your website.
  • And much more…

All of this can then be compared to other time periods. Is your website performing better than last month, or last year – or yesterday?

If you are going to use one marketing technology tool, this is the one we recommend as an absolute must!

Search Console

image of Google icon - provider of some of our marketing technology setAnother Google product, formerly known as Webmaster Tools, Search Console will help you to analyse your search engine optimisation performance.

  • What search queries are you ranking for, and where are you ranking?
  • The volume of searches there are for that query.
  • Whether Google has a sitemap to work from – always a good thing.
  • The number of links, both internally and externally, linking to your site.
  • How mobile friendly your site is
  • And more

Again much of this can be compared against other time periods to see how you are performing. Just be careful when considering the average search position. This is an aggregation of data, so a high volume of searches with a low SERP figure will drag your average ranking figure down significantly.

Yoast

image of Yoast logo one of our marketing technology setStrictly a plugin and most often seen in WordPress sites (they do others), Yoast is a highly effective tool to help you to improve your search engine rankings.

Yoast is frequently updated, so you can be confident they are keeping up with changes that the search engines are making to their algorithms.

Once you tell Yoast what you want your page to rank for, it provides a traffic light grading to show how well they believe that page will rank. It doesn’t promise to get your onto Page One for that phrase, but it will point you in the right direction.

As SEO is split into two key variables, so is Yoast. It looks at how easy your page is to read and then at the technical SEO. The internal and external links, image alt tags and sentence length, as well as use of title tags, such as H1s and 2s.

Definitely not to be used before you have done your keyword research. Definitely one to use once you have.  There is a premium version, but we recommend you start with the free version. You can then upgrade at the point you are comfortable with what you are doing.  Join their mailing list and they will provide a steady stream of useful tutorials and articles to help you make the most of the tool.

 

Let’s now switch to the paid for products…

CANDDi

image of CANDDi logo part of our marketing technology setMore of a sales tool than a marketing tool, but CANDDi can be highly effective when used properly. In our opinion, it is far more suited to companies selling higher value products or services, usually in the B2B market, rather than for B2C companies.

Where Google Analytics will tell you how many people have been on your site, CANDDi tells you what individuals are doing, what company they work for and WHO is visiting your site.

Before you get too excited, it cannot tell you who for every visitor. If the visitor searches from a fixed IP location, their IP lookup tools will tell you what company the visitor is from. If you already have, or the person gives it to you, it will tell you who is visiting. CANDDi will also notify you when that person comes back too!

The Process

Imagine a lead comes in because somebody filled in the contact request form on your website. CANDDi will tell you:

  • what pages they visited, so you know what they are interested in.
  • when they visited, and how many times.
  • whether they downloaded anything you have been actively promoting.
  • Where they are in the world, helping you qualify the lead.
  • Some, if not all, of their social media details

You have a chat and they want to think about things.

When they come back, you are notified so you can follow up the lead (not straight away, that’s a little creepy). Timing is key to making the sale so knowing when they are thinking about you is a real help.

With contracts starting at £149 per month, on a 30 day term, the pricing and terms are far better than their competitors.

SEMrush

image of semrush logo one of our technology setIf you want to take your SEO performance seriously, SEMrush will really help to improve the performance of your website.

By showing you how your site is working technically, SEMrush helps you to get the basics right. After that, it is about showing you how you are ranking, in comparison to your competitors, for the keywords you provide.

It is stuffed full of ways to help you improve your website’s performance:

  • Listing your backlinks, including a toxicity score (toxic links are bad)
  • Brand monitoring, so you can see when your brand is being talked about.
  • On-page SEO checker, showing you exactly what is wrong and where.
  • Organic research, showing you what your competitors are ranking for
  • Keyword Magic Tool, helping you find the keywords to really up the performance of your SEO and PPC campaigns
  • And much more…

SEMrush is an agency tool, designed to help agencies manage their clients’ marketing and image of a pair of SEMrush socks

 

SEO performance and the pricing reflects that. The lowest price is $99 per month but if you are using a marketing agency to help you with your marketing (and they are using it), they can provide you with savings on that price. They make great socks too!

Mailchimp

SME Needs is a Mailchimp PartnerRecently rebranded as a customer relationship management tool, Mailchimp is still best known as an email marketing platform. If you want to communicate with your audience cost effectively, email makes absolute sense. We all get huge numbers of emails every day but we still open the ones we want to. If you are sending personalised and relevant information to your audience, you will get open and click through rates you want.

Mailchimp does provide a free version, but there are limitations, perhaps most notably allowing only one user. But the chargeable versions start at just $9.99 and its worth it to get the additional users (2 more) and all the functionality.

Mailchimp always had segments and groups to help you manage your audience, but the addition of tags makes it far easier to send only content that is relevant and they will want to read. Most people (69%)[1] believe that sharing data is a key part of today’s society and 57% of consumers happy to receive personalised marketing. If you are following GDPR guidelines and using your customer data sensibly, your email marketing is highly likely to be effective.

We recommend Mailchimp simply because it is the most intuitive platform we have tried and at a price point very few SMEs cannot afford.

Consistency is key

Marketing technology is only useful if you learn how to use it, and then use it regularly and consistently. That means either working your way through the training tutorials that all of these platforms provide. Or working with a marketing agency that regularly uses them and can help you make the most of the benefits marketing technology can bring to your business. If you would like to talk about how we use them with other clients, call us on 020 8634 5911 or click here.

 

[1] DMA figures, Sept 2019