Focused Marketing Strategies: Keys to Achieving Real Results
When it comes to your monthly marketing budget F.O.C.U.S :
Facilitate
Outstanding
Campaigns
Using
Simplicity
Spreading your marketing budget too thin can be a costly mistake. Instead, FOCUS on a select few areas that can yield real, tangible results. Let's break down why businesses should allocate their resources strategically and provide a practical three-step approach to achieving marketing success.
It's crucial for businesses looking to grow to invest in tried-and-true marketing strategies instead of fads. These are proven methods that have consistently delivered results over time. For instance, direct mail advertising has a long history of success. By mailing well-designed targeted promotional materials, businesses can directly reach potential customers. The trick is getting your mailers opened & and having a great list! Tracking the effectiveness of this method is straightforward, you can't fake results. By cross-referencing sales data with the mailing list, one can easily measure the impact of the campaign. Make sure your direct mail is a cut above competitors, think "invitation" over "blow-out sale".
Next, businesses should consider investing in marketing strategies that may be beyond their own capabilities internally but are still comprehensible. No need to go for a marketing product you can't explain yourself like complex AI products. Stay fresh but focus by leveraging your social media platforms. While understanding the basics of social media is achievable, managing a comprehensive marketing campaign with a frequent posting schedule may require expertise. It's essential to remember that consistent and engaging content is more important than a hefty ad spend. Monitoring the performance of each post and adapting the strategy accordingly is key.
Lastly, businesses should explore fresh and exciting opportunities to further enhance their marketing efforts but again, keep it simple. Personalized landing pages (PURLs) or click funnels with custom videos represent an innovative approach. These tools can provide a unique and tailored experience for potential customers, significantly increasing conversion rates. Tracking the Return on Advertising Spend (ROAS) with such personalized campaigns can yield impressive results.
Now, let's put these strategies into action with a sample marketing plan:
1. Direct Mail Campaign
(Tried and True)
- Objective: Generate leads and increase sales for Product X.
- Execution: Design and mail targeted postcards to a list of 1,000 potential customers.
- Measurement: De-dupe your list! Cross-reference sales data with the mailing list to determine conversion rates.
2. Social Media Content
(Beyond Own Abilities - requires graphic designer & marketing strategy)
- Objective: Increase brand visibility and engagement on Facebook, Instagram, and Twitter.
- Execution: Hire a social media manager to create and schedule engaging content for three months.
- Measurement: Monitor likes, comments, shares, and track website visits originating from social media platforms.
3. Personalized Landing Page (PURL) with Custom Video
(Fresh and Exciting)
- Objective: Enhance customer experience and boost conversion rates for Product Y.
- Execution: Develop a personalized landing page with an interactive video showcasing the benefits of Product Y.
- Measurement: Track the conversion rate and ROI for visitors landing on the personalized page. Increased your owned marketing (your list of data on customers).
Focusing on 1-3 marketing areas for 90 days allows businesses to allocate resources effectively and measure results accurately. By combining tried-and-true methods with strategies slightly beyond their own capabilities and fresh, exciting opportunities, businesses can maximize their marketing impact.