Smite Those Tactics!

Whac-a-Mole ImageMarketing tactics are insidious and prolific. They keep popping up on what seems like an almost daily basis. SEO. Content. Backlinks. Tracklinks. PPC. AdWords. Promoted posts. Featured items. Offers. Text messages. Mobile apps. Interactive cable TV. Webinars. Teleseminars. e-Books. On-demand presentations. Gadgets, widgets and plug-ins. And the list could easily go on. In fact it does go on!

Are you inundated by the latest “must have” tactics in your marketing strategy mix? If so, I suggest that you smite those tactics until you step back and take a broader view of your overall marketing strategy. Don’t succumb to the siren song of any new tactic until you figure out if it will do you some good.

To whom are you marketing? Are you in the B2B or B2C business? What are the demographics of your markets in terms of age, occupation, income and interests? What kinds of activities are your prospects interested in and how do they find out about them? Mightn’t that information provide some valuable insights to guide you in the selection of your messages and the media you use to deliver them?

Who buys the largest quantities of what you sell, and where can you find more of those kinds of customers? Are there uses for your products or services outside your existing customer base that could be exploited with new messaging? Would new media selection help your message go viral? Is going viral what you want? Can you support that level of activity?

The right hierarchy for your marketing strategy decisions is goals first, strategy second and tactics third. So if those tactics are distracting you or diluting your overall goal and strategy work then I suggest you smite them until it’s time to consider which of them you’ll actually want to implement to support your plans.

Comments, as always, are solicited and thanks for reading.

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Scoop.it

Social Media ROI Baptism

Baptism-imageSocial Media ROI Baptism (with apologies to clergy everywhere)

There’s an old joke about a man whose pastor decided that it was time for him to be baptized into the faith. So the pastor took the man down to the river and, after saying the appropriate words, dunked the man’s head into the river for a few seconds. When the man’s head was out of the water and he had shaken the water off his face, the pastor asked him if he believed. The man said that he wasn’t sure.

So the pastor said some more words and dunked the man’s head into the river for several tens of seconds. When the man’s head came out of the water for the second time and he had caught his breath and shaken the water off, the pastor asked him again if he believed. And again the man said he wasn’t sure.

Getting frustrated, this time the pastor regaled him with a full sermon on why he needed to believe and held the man’s head in the river for a full minute. When the man’s head was finally released and he spluttered and shook the water off and took several deep breaths, the pastor asked for a third time if the man believed. And this time the man said that he did indeed believe.

Just to make sure that the baptism had really been effective, the pastor asked the man what he believed. And the man replied that he believed that the pastor was trying to drown him.

With so much emphasis on social media these days, one could wonder how much of the blog postings and social media content to believe. This is especially true now with the focus on social media return on investment (ROI).

Do you believe that social media has value in building your relationships with your prospects and customers? I certainly do. Do you believe that you need to post interesting and relevant content in order to nurture those relationships? I certainly do. Do you believe that you need to interact with your customers, sometimes in almost real time, via social media? I certainly do.

Do you believe that you can put absolute numbers, in dollars and cents terms, on the results you are gaining from your social media efforts? I certainly don’t. And you can immerse me in words and arguments and articles and posts until day turns into night and I think then that I’ll only believe that you are trying to drown me in “facts” until I acquiesce to believing something.

Don’t get me wrong here. I do believe that our social media efforts, properly directed and executed, are important. And that they do provide a return on our investment in both tangible and intangible ways. But when I’m asked to prove it with debits and credits and dollars and cents I’m afraid that I have to revert to faith alone. Because I don’t believe anyone has yet to come up with a proof that an accurate equation exists.

I’d love to have your opinions on this viewpoint. And thanks for reading.
Scoop.it

Elements of a Marketing Plan — 3

Elements of a Marketing Plan — 3

I’m going to continue posting the materials from my Udemy.com online course entitled The Marketing Plan Seminar in 2013 so that my followers can get a feel for the kind of work that I can do for them on a consulting basis. If you can’t wait for the installments to be posted you can order the complete course at http://udemy.com/The-Marketing-Plan-Seminar at any time. In the mean time, I hope you will enjoy each small installment and please do give me a call if doing so triggers something for you where I can be of help with an Instant Strategy Session or working with you longer term with the Monthly Mentoring Mode.  Enjoy!

Elements of a Marketing Plan -- 3 - Slide8
This image goes with the accompanying video that is part of the online Marketing Plan Seminar. This is slide number 8.

While we need to answer the first three questions on this slide, we really need to think about the fourth bullet — how will we convert leads to prospects to (new) customers and how will be both retain and convert new customers to repeat customers.

Elements of a Marketing Plan — 3

We’re really asking three questions here. Who are the real target markets we’re trying to reach, what messages that hopefully will resonate with these target markets are we trying to convey, and what is the best media to use to get those messages to those target markets in the best and most cost effective way.

Order the complete course today so that you’ll be ready for 2013 and won’t have to wait for the next twelve slides!

Elements of a Marketing Plan — 2

I’m going to continue posting the materials from my Udemy.com online course entitled The Marketing Plan Seminar so that my followers can get a feel for the kind of work that I can do for them on a consulting basis. If you can’t wait for the installments to be posted you can order the complete course at http://udemy.com/The-Marketing-Plan-Seminar at any time. In the mean time, I hope you will enjoy each small installment and please do give me a call if doing so triggers something for you where I can be of help with an Instant Strategy Session or working with you longer term with the Monthly Mentoring Mode.  Enjoy!

Elements of a Marketing Plan -- 2 - Slide7
This image goes with the accompanying video that is part of the online Marketing Plan Seminar. This is slide number 7.

Here we see the hierarchy of goals, strategies and tactics. Too often people fall into the “tactic of the day” trap and go off developing tactics before setting initial goals, supporting the goals with strategies and then implementing tactics that will support them.

 Elements of a Marketing Plan — 2

The “bottom line” here is to make sure that you develop things in the right sequence.