marketing your business: how small businesses can budget ... · want more people to know about my...
TRANSCRIPT
Jen Dalton, Founder BrandMirror
@BrandMirror BrandMirror Copyright 2018. All Rights Reserved.
Marketing Your Business:
How Small Businesses Can
Budget & Invest Their
Resources
Goals for Today
@BrandMirror BrandMirror Copyright 2017. All Rights Reserved.
Identify Your Ideal Client &
Message
1
Understand Your Options for Marketing
2
Marketing for Generating
Revenue
3
2
Brand + Marketing = Business
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Measure Success
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Success Looks Like…
• More people know about me when
I am out in the community
• Be memorable!
• Stand out from competitors with a
clear value proposition
• Deliver a great experience that
makes referrals easy
How would I measure it?
• More views online
• Better online engagement
• More engaged followers
• Increase in website visits
• Great referrals
• Targeted campaigns
• More revenue
DNA of a Marketing Plan
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Why & What
What does success look like (be specific)?
Who & Where
Who is your audience and
where are they?
How & When
How and when can you earn interest and build trust?
5
Marketing Activities to Campaigns
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Lots of Activity Client-Centric Campaigns
• Blog• Social Media Posts• Facebook Live• Magazine ads• Awards• Postcards• Community Events• Education events• Emails• Online Ads• Testimonials• Etc., etc., etc.
Realtors – NOVA (hoarders/decluttering/moving)
Estate Planners / CPAs / Law Firms(refer individuals / businesses)
Current Clients - > Referrals / Intros
Know. Like. Trust.
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Know. Like. Trust.
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Leadership
BrandingStorytelling
The Ability to Drive Change
What stories do you have?
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“What am I to do?”
“Of what story do I
find myself a part?”
Alisdair MacIntyreScottish Philosopher
Paint a picture that is new, relevant, engaging…
…to help people know what action to take.
Increase Your Odds of Success
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Effective
Enjoyment
Time
Financial $500 vs. $5,000
20 Hours vs. Team
Evidence vs. Experience
What converts by When, ROI?
Are You Earning Interest?
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Type of Campaign
Outbound (One-Way)“Buy Interest”
Inbound (Two-Way)“Earn Interest”
One to One/Many In
Person Engagement
Sponsor Charity EventPay to Speak / Be Seen
Complementary ConsultSmall offsites / retreats
Speaking / Education EventHappy Hour
Client Appreciation
Online Ad Placement on Sites
WebsiteContent Creation (Blog, Video)
Content + Call to ActionEmail Marketing
Podcasts / WebinarsSocial Media Posts / Ads
Retargeting AdsOrganic / Paid Search
Offline Engagement
Mail / Postcard / EDDMTV or Radio or Print Ads
Billboards Telemarketing
Awards
Goals for Today
@BrandMirror BrandMirror Copyright 2017. All Rights Reserved.
Identify Your Ideal Client &
Message
1
Understand Your Options for Marketing
2
Marketing for Generating
Revenue
3
12
Track & Measure Your Investment
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Campaign Best Practices Average Cost Track
Monthly Social Media
Provide valueSimplify your message
Pictures / VideoClear Call to Action
Your Time or$250-$500 a month
Website visitsOpen House Traffic
CallsForms Filled Out
Monthly Blog / Video
Call to Action4-5 Points
Video overview
Your Time$300 a month
Website VisitList Building
Education Events
Monthly CoffeeFree if you Bring a FriendPanel / Partner Marketing
Your TimeSponsor Brings Coffee
Leads
ReviewsAsk for Reviews at Follow
Up / After CloseYour Time Website visits
Email Value / Simple / CTA Your time + $10 a month Opens / Clicks
Annual Marketing Budget
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10% of Overall Revenue is a Solid Starting Point*This should include your time and money. Since time is money.
Business Information 2019
Overall Revenue $190,000
Small Project Revenue 20 X $2,000
Medium Project Revenue 12 X $5,000
Large Project Revenue 6 X $15,000
Rough Marketing Budget $19,000 (10% of $190K)
Cost to Acquire per Customer (what are you willing to spend?)
$100 – small$500 – medium$1,000 - large
Total Marketing Spend Based on Cost to Acquire
$2,000 + $6,000 + $6,000=$14,000
$40,000
$60,000
$90,000
Overall Revenue
Small (20) Medium (12) Large (6)
5 Types of Marketing “Buckets”
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Business Brand & Personal Brand Goals
What Success Looks Like
Marketing Strategies
Marketing Campaigns / Actions
Metrics
Stay Visible –Don’t be out of sight, out of mind
I need to at least get out and make sure I am sharing relevant content and not have an empty page.
I need to attend networks I have paid for ☺
Post on social media
2-3X a week at minimum on LI and FB (Daily is better)
2 posts that are mine1-3 that are curated
Attend Networking Events
At least one big and one targeted networking event a month
Chamber / Assoc. Listing
3 new leads per eventFollow up email next day
Check in with my network
Reach out and connect – 1-2 people a week for in person or virtual coffee/meetings
1-2 people per week
1 referral/intro per week
Don’t Be Out of Sight, Out of
Mind
Actively Increase Awareness
Attract LeadsConvert
ProspectsEngage with
Clients
Give Your Brand Personality & Create Value
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Business Brand & Personal Brand Goals
What Success Looks Like
Marketing Strategies
Marketing Campaigns / Actions
Metrics
Increase Awareness – I want more people to know about my company and me.
I want to double my website visits.
More face time with prospects and clients by sending content to followers.
Considered a thought leader.
I need to create more original content.
Monthly Blog with a Call to Action
Website Visits, SEO# of Shares, Views# of comments
Monthly 30’ video with a call to action
Views & SharesComments & Subscribers
Quarterly Event with a call to action (webinar, workshop, roundtable, podcast)
Community Event / Sponsor
AttendeesLeads
Reach and Reputation
Don’t Be Out of Sight, Out of Mind
Actively Increase Awareness
Attract LeadsConvert
ProspectsEngage with
Clients
Attract Through Targeted Ads / Messaging
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Business Brand & Personal Brand Goals
What Success Looks Like
Marketing Strategies
Marketing Campaigns / Actions
Metrics
Attract LeadsI want to spend less time qualifying people.
Create processes to do this in a more automated way.
Post 5 Times a Month• Develop Lead Gen Content• Pre-screen Qs / form• Consult
Run a LinkedIn Ad from the company page
# Downloads# Qualified Consults
Don’t Be Out of Sight, Out of Mind
Actively Increase Awareness
Attract LeadsConvert
ProspectsEngage with
Clients
Automate What You Can + HIPO Focus
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Business Brand & Personal Brand Goals
What Success Looks Like
Marketing Strategies
Marketing Campaigns / Actions
Metrics
Intentionally Convert Prospects
Amazing testimonials & increased referrals
Develop a touchpoint strategy
Automate email follow up from a form
OpensClick ThroughsConsults
Send a Thank You Note Thank You Note
Follow up potentially in 3-6 months or add them to Quarterly Newsletter
#opensClick ThroughsLeads / Engagements
Don’t Be Out of Sight, Out of Mind
Actively Increase Awareness
Attract LeadsConvert
ProspectsEngage with
Clients
Love & Serve Your Clients
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Business Brand & Personal Brand Goals
What Success Looks Like
Marketing Strategies
Marketing Campaigns / Actions
Metrics
Intentionally Engage with Clients
Amazing testimonials & increased referrals
Develop a touchpoint strategy
Monthly Client Only Newsletter (Event discounts)
OpensClick Throughs
Referral Thank You Program# referrals Thank You Gifts sent
Quarterly Phone CallCompany Anniversary Thank You Card
# completedNew / Extended Business $
Don’t Be Out of Sight, Out of Mind
Actively Increase Awareness
Attract LeadsConvert
ProspectsEngage with
Clients
Capture Current & Potential Campaigns
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Which of the five
marketing buckets?
What does success
look like?
Who is your
audience?
What campaigns are
you thinking about?
What would you
measure?
Don’t Be Out of Sight, Out of Mind
Actively Increase Awareness
Attract LeadsConvert
ProspectsEngage with
Clients
Ideas to Reduce Your Cost to Acquire
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Project Costs
Marketing Materials
Time to Close
Cost to Do Project
Marketing “Time”
Deliver the Work
Clean Up Work
Create Evidence / Photos
Testimonials
Updating Website / Social
“Free Marketing” (Time)
Blog / Videos / SEO
Email / Newsletter
Education Events
Updated Messaging
Cold-Calling / Networking
Social Media Live
Client Appreciation
Improve Messaging
HARO
Marketing Ideas ($ + Time)
Video Shoot
Annual Appreciation Event
Re-targeting Ads
Updated Collateral
Search Engine Optimization
CRM Tracking
Virtual Happy Hours
Charity Events
Google Ads
Project Costs
$ + Time (Mktg)
Time
(“Free” Mktg)
ProfitWhat You
Charge
1.Inform
2.Influence
3.Inspire
4.Ignite
The 4 I’s (Not About You)
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https://www.canva.com/
Top Types of Content1. Blog posts
2. Long form articles
3. Original research
4. Video (66% more leads a year)
5. Infographics (Canva, Piktochart)
6. Images
7. Case Studies
8. White Papers
9. Ebooks
10. Presentations
11. Webinars
12. Quizzes and Polls
13. Podcasts
14. Checklists
15. Email Newsletters
https://optinmonster.com/types-of-content-formats/
What are others talking about now?
Tip: String key words together to find people, jobs, content, and more
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Hashtagifyhttps://hashtagify.me/
BuzzSumohttps://app.buzzsumo.com
Best Practices for Content Creation
Engage Your Audience
Be Consistent with Content
Don’t Recreate the Wheel
Determine Your Cadence
• National & Monthly
Calendars
• Identify Content that
worked
• Google Alerts
• BuzzSumo & Content
Gems
• Hashtags (hashtagify)
• Sendible.com
• Brainstorm Ideas
• What is your “anchor”
each month?
• What timing do you want
to have? (daily?)
• Which channels are best?
• Monthly Calendar
Template
• Reinforce your company
and personal brand
• Share reliable insights that
align with your customers
& prospect pain points
• Ask questions – poll
• Video interview
• Respond to comments
• Ask for input/feedback
• Give people images or
quotes to vote on
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Editorial Calendar (Illustrative)
Content Jan Feb Mar Apr May Jun
Monthly Theme
New YearMentoring
Client Appreciation
Luck is Not Enough
InternshipsVolunteerism
Veterans Kindness & Curiosity
Conversations / Newsletter /
Blog
Mentoring & Personal Branding
Client Touchpoints
Self-Advocacy in the Right
Way
Joining a Board
Transition Out / Ageism /
Perceptions
Easiest Way to Stand Out
Website Changes
Messaging+Case Study
+Event+Blog
+Event+Blog
+Event+Blog
+Event+Blog
+Event+Blog
+Event+Blog
Marketing Collateral
+Infographic +Images
+Case Study
+Images+Case Study
+Images+Case Study
+Images+Case Study+Anniv. Card
+Images+Case Study
+Images+Case Study
My Events ContentLinkedIn
4 Week Program
ContentLinkedIn
4 Week Program
ContentLinkedIn
4 Week Program
Networking/Speaking
Events
Career Confidence
Business Women’s
Giving Circle
Applications GGF WILD Applications
Press Releases / Awards
Potential PR Nominate Client
PR for GGF PR for WILD Nominate Client
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Determine Your Cadence
Week SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY
1st Week
2nd Week
3rd Week
4th Week
5th Week
6th Week
What is your core monthly activity?
What content do you like creating?
What did your audience like the most?
What are your call to actions?
• What were the top posts?
• What do clients ask about?
• What should they ask about?
• Blogs / Video
• Images w. text (networking)
• Curating others content
• Event (Lunch N’ Learn)
• Blog
• Facebook Live
• Complimentary Consult
• Top 10 Checklist Download
• Poll / Survey / Website Visit
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Determine Your Cadence
WEEK MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY
1st Week Blog (1st Monday of the Month)
#MotivationMonday
Share an article w. your thoughts
Shout out on Social Throwback Thursday –over a year ago
Highlight an upcoming event
2nd Week Share a video that you found helpful
Create an opt-in and post about it
Find a favorite business quote and share that #WisdomWednesday
Blog Point #1 Do a quick 30 second video
3rd Week Picture of a book you are reading
#MotivationMonday
Blog Point #2 Share a customer testimonial and give a call
to action
Highlight the most read blog or post from
the last 12 months
Share an article w. your thoughts
4th Week Blog Point #3 Highlight an employee #WisdomWednesday Blog Point #4 Direct people to sign up for your newsletter
5th Week Share a focus for clients (blog point #5)
#MotivationMonday
Highlight a speaker that you are going to see and the
related event
Create an infographic – on Canva – and share it
Develop a PowerPoint with tips - slideshare
Highlight an organization
6th Week Share a video that you found helpful
Create an opt-in and post about it
Find a favorite business quote and share that #WisdomWednesday
Thank a partner Do a quick 30 second video
• What were the top posts?
• What do clients ask about?
• What should they ask about?
• Blogs / Video
• Images w. text (networking)
• Curating others content
• Event (Lunch N’ Learn)
• Blog
• Facebook Live
• Complimentary Consult
• Top 10 Checklist Download
• Poll / Survey / Website Visit
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What is your core monthly activity?
What content do you like creating?
What did your audience like the most?
What are your call to actions?
Getting Started
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Success Looks Like…
• Know your budget and Cost to Acquire
• Pick 2-3 campaigns and do them well
• Review monthly and tweak your next month as needed
• Measure and manage your metrics
• Ask your prospects & clients what they need and want
• Message for your audience – not yourself
29
Content Creates the Building Blocks of Credibility.-Jen Dalton
Getting Started