head above thecloud - exit planning...

43
The Cloud Head above Creating Your (Results Driven) Marketing Strategy © Speaker: K. Brooke Norman

Upload: others

Post on 04-Jun-2020

3 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

TheCloudHead above

Creating Your (Results Driven) Marketing Strategy

© Speaker: K. Brooke Norman

Page 2: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

The Goal:•Attract the right people•Adopt effective marketing strategies (in the age of data)•Measure business results to improve performance

©

Page 3: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

•Traffic•Leads•Conversion•Price / LTV

Four Key Metrics

©

Page 4: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Good Marketing?•Right thing.•Right person.•Right time.

©

Page 5: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

STEPPS

©

Page 6: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Attracting the

Right people©

Page 7: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

©

Page 8: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Traditionalists Baby Boomers Generation X Millennials

Birth Years 1900—1945 1946—1964 1965—1980 1981—2000

Gen Nicknames Moral Authority “Me” Generation Gen X Gen Y; Echo Boomers

Key AttributeCommited to

CompanyAbility to Handle Crisis Work/Life Balance Ambitious But Not Focused

Work Ethic Pay Your Dues 60-Hour Work WeekWork Smarter, Not

HarderWhat’s Next?

Views on Money Pay cash Buy now, pay later Save, save, save Earn to spend

Core Value Family/Community Success Time Individuality

Refer to the WMFC Generational Differences Report

Who Are You Talking To?

©

Page 9: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Group ExerciseBuilding anIdeal Buyer Profile Using Seven Key Criteria

©

Page 10: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

1. Personal Background: Personal demographicsHow old are they?Are they married? Do they have kids?Annual household income?Male or female?

Educational backgroundLevel of education?Common fields of study?

Buyer Persona

©

Page 11: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

2. Company: What industry?How long have they been around?Family owned?Company size?RevenueEmployees

Buyer Persona

©

Page 12: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

3. Role: What is their title?Who do they report to?How to they measure success?What does a typical day look like?What skills do they need to be great at their

metrics?What knowledge and tools do they need to

meet metrics?

Buyer Persona

©

Page 13: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

4. Challenges: New innovations?Budget?Process inefficiencies?Time?Communication?Lack of knowledge?Lack of experience?

Buyer Persona

©

Page 14: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

5. Goals: Business performance goalsCareer goalsSocial ‘Currency’ goalsWhat is success in their role?What are their personal goals?

Buyer Persona

©

Page 15: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

6. Watering Holes: Where do they go for information?Google? Friends? Family? Experts?

Which publications do they read?Which associations do they keep?Which social networks do they exist in?

Buyer Persona

©

Page 16: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

7. Shopping Preferences: How do they prefer to interact?Online? Face to face? Over phone? Via email?

How will they vet you?Via internet? Ask friends?

Describe a recent sales cycle “purchase.”How many touches?What were the objections?What caused the decision?

Buyer Persona

©

Page 17: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

©

MarketingTechniquesto Fill Your

funnel

Page 18: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

(1) Strategy(2)Relationship-focused(3)Data-driven(4)Storytelling

©

Page 19: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Filling the Funnel

Leads Funnel in fromDifferent Sources

Inbound StrategiesIdentify Suspects

Nurture CycleEducate Prospects

Time to Qualify Opportunities

BusinessWon

©

Traffic

Conversion

Leads

Price / LTV

Page 20: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Step One:The Call to Action

Step Two:The Click-Through

Step Three:The Landing Page

Step Four:The Thank You

Page

THE BAIT

THE CAGE

THE CAPTURE & TAGGING

THE RELEASE & TRACK

Digital Conversion Path

©

Page 21: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Email your followers and pose an offer & CTA: Download my whitepaper, “3

Marketing Techniques that Triple Traffic and Produce Ready Buyers.”

When they click, your database will capture their activity! They are

intrigued. Navigate them to your www.RateYourMarketing.com page.

Require the person to fill out a form to get access to the whitepaper. Get their name, company name, title, city, and email address. If they complete

it, you KNOW they are interested.

Once they fill out the form, redirect to a Thank You page. Give more options

for downloads, webinars, and subscription. Track their behavior!

Digital Conversion Path

©

Page 22: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

©

Page 23: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

1000 Leads Get Your CTA via Email

210 Prospects Open

40 Click-Through & Opt-Inon Your Landing Page

6 Appointments Set

2 Clients Won

21% Open Rate

3:1 Closing Rate

15% Conversion

4% CTR

Digital Conversion Path

©

Page 24: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

•Sponsored Events / Visibility Tips

•Social Media Tips•Email Tips•Direct Mail Tips•Client Engagement Tips

Score Yourself

©

Page 25: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

PR & Earned Media

Regardless of industry, you have something media-worthy to say. • What do your ideal buyers read, watch, etc?• What customer stories can you adapt into

eBook, workbook, case study article?• What do you read?• What can you contribute that makes the writer

(and reader) more valuable?

©

Page 26: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Think of your watering holes...where do your ideal buyers exist? • Groups, associations, boards• Golf outings, charity events• Trade shows, industry associations• Can you speak at the event?• Community involvement and charitable intent

drives buying decisions by 40%

Sponsor Events

©

Page 27: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Using social media can drive more attention to your site (SEO) and help COIs and prospects be more familiar and aware of you and your brand.

©

Social Media

Page 28: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure
Page 29: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

How does social affect SEO?

The first 10 search results from typing “financially simple”

promoted Justin’s site (none of which are sponsored or paid for positioning)

©

The Impact of Social Media

Page 30: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Before they reach out, they check you out.• Update your profile summary to reinforce what

you do for your customers• “Link” with other top brands• Post regularly and often• Respond to comments and queries promptly• Post with pictures• Link back to your site• Make a calendar you can easily follow

LinkedIn Tips

©

Page 31: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

• Digital marketing efforts can be rapidly streamlined and monitored using automation tools

• Today, many systems can connect all media you choose to engage in one simple platform

• With automation comes data, which helps your marketing become unique and segmented

©

Social MediaAuto-mation

Page 32: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

©

Email Marketing

Page 33: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Quick Tips:• Interesting subject (and short) line• Visual elements• Don’t give it all away!• Mobile friendliness• Keep it brief• Clear Call-to-Action

©

Email Marketing

Page 34: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

More Effective if More Methodical.Gift-giving is one of the most unique and attention grabbing tactics...taking it offline makes it even more memorableSend personalized letters and gifts to gain attention and build rapport (Every Family’s Business, Walking to Destiny, The Master Plan)Target specific contacts and send printed newsletter or quality content

©

Direct Mail

Page 35: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

• Gather powerful testimonials• Ask for referrals (have a referral thank-you process that wows)

• Ask for advice• Demonstrate your like-mindedness• Give first, ask second.

©

Client Referrals

Page 36: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

resultsMeasuring your

©

Get your head out of the clouds and focused on proving business results

Page 37: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

•Traffic•Leads•Conversion•Price / LTV

Four Key Metrics

©

Page 38: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Four Key Metrics

©

Buckets Starting Point 25% Growth 100% Growth

Traffic 10,000 12,500 20,000

Leads (2%) 200 250 400

Conversion (18%) 36 45 72

Price 4,000 4,000 4,000

Revenue $144,000.00 $180,000.00 $288,000.00

Marketing Impact: Doubling Traffic

Page 39: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Four Key Metrics

©

Buckets Starting Point 25% Growth 100% Growth

Traffic 10,000 10,000 10,000

Leads (2%) 200 250 400

Conversion (18%) 36 45 72

Price 4,000 4,000 4,000

Revenue $144,000.00 $180,000.00 $288,000.00

Marketing Impact: Doubling Leads

Page 40: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Four Key Metrics

©

Buckets Starting Point 25% Growth 100% Growth

Traffic 10,000 12,500 20,000

Leads (2%) (2%) 200 (2.5%) 313 (4%) 800

Conversion (18%) 36 56 144

Price 4,000 4,000 4,000

Revenue $144,000.00 $225,000.00 $576,000.00

Marketing Impact: Move 2 Needles

The impact of two areas results in 400% revenue growth

Page 41: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

How do I rate my

©

marketing?

Rate performance of 73 factorsusing a scale of 1 to 6 (no midpoint)

Page 42: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

Example: Rating Marketing Metrics

3 3 4 3 1

3 4 3 2 4

2 3 3 4 2

4 3

Structural Capital Email Chapter Network Strategic Partner Social Media

Website/SEO CRM System Content Strategy PR & Media Inbound Strategy

Tradeshows Speaking Gigs Global Programs Referral Programs Direct Mail

Webinars Lead GenerationNOTE: Real life example from a B2B company analyzed in 2016, which shaped their 2017 marketing strategy and budget.

Page 43: Head above TheCloud - Exit Planning Instituteexit-planning-institute.org/wp-content/uploads/2018/04/Head-Above-… · What is their title? Who do they report to? How to they measure

powerKnowledge is

Download a copy of the Marketing Assessment Scorecard by visiting this custom landing page:

www.RateYourMarketing.com

© Email Me: [email protected]