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Large companies that hire big advertising agencies, or have an in-house advertising department, always go through three phases to achieve success. They have found that trying to take a shortcut can cost them big. Many advertising department heads have rolled when mistakes happened! Our company was founded on the idea of providing what our competition does not! Guarantees are a cornerstone of what we provide. To do this, we start by researching the client's current marketing position. We look at what they are doing right, what their challenges are, what their competitive advantages are and what their competitors are doing. This research includes looking at all marketing venues, both conventional (TV, Radio, and Print, etc.) and online marketing (PPC, Social Media, PR, Email, Blogging, Video, etc.). Once we have a good handle on what’s going on, we begin our planning phase.
Phase One - Creating the Message and Plan
- Deciding the Objective - The very first thing needed to achieve success is a clear objective or goal. More importantly, it must be a smart goal. Smart stands for; Specific, Measurable, Attainable, Realistic, and Timely. If a goal is wishy-washy, nebulous, unrealistic, not measurable or will take too long, it’s not a goal that will lead to success. You must have a specific date when the goal is to be reached. You must be able measured a specific event or action, like a click, interaction or purchase. Your goal must be attainable and realistic. If your goal is to increase your sales by tenfold, that is probably not realistic. And the time frame should not be longer than a year. Quarterly measurements work well. Only S.MA.R.T. goals will lead to marketing success. Anything else is just spinning your wheels.
- Creating Your Message - Your message is closely tied to your goal. It is the operational part
Courtesy of - Your Compelling Offer - A compelling offer is a special offer that is a no brainer for the prospect. A compelling offer is immediately recognized as a great deal! It doesn’t have to be explained. It takes the risk out of the transaction. It says to the prospect, “I better take advantage of this offer now!” Giving someone 10% off their first purchase is not a compelling offer. It may be a good savings, but it is not usually compelling enough to make a person get in their car and drive across town to take advantage of it. A compelling offer may be a special that’s a loss leader, a BOGO, 30-day money back guarantee or 30% off the competitive going rate. Compelling offers work best with products that create recurring revenue. This boils down to products or services that require the customer to come back and get more of what they purchased on sale. It also helps if you have some sort of exclusivity as well. Providing value-add doesn’t hurt either. Make it easy for the customer to decide. Then, keep them happy and make profits from them for the life cycle of that new customer. If you’re just looking to add new customers, you can buy them. If you keep them, they become recurring profit streams. Never underestimate the value of a new customer’s life cycle. If that life cycle is at least a year for the usage of your product or service, it’s perfect. If they have to be repurchase your product or service 4 to 12 times during a year, it becomes easy to create a compelling offer that produces long term profits.
- Honing your Message to be Compelling - To hone your message, you need to do some objective testing. A simple and quick way to do this is to ask a dozen of your best customers to accept your offer, or give you feedback on this new special. You can also do some mini pay per click test in Google AdWords or Facebook by spending only $100 or so. You can also run a Craigslist ad to see if you get any bites from your offer. Don’t forget to ask your best employees, managers and even your vendors what they think. Getting this initial feedback often proves very valuable. You will later design several ads to display your message.
- Budget Decisions - The budgetary process is extremely important. Your budget will often
Courtesy of - Planning your Schedule - Once you have your message and budget, you need to decide on how long your campaign will run. Your campaign schedule is closely tied to your budget. Because of this, it requires you to verify marketing cost in whichever venue/s you choose to participate. For example, if you are running an ad in the paper, how big an ad will it be, where will it be placed, and how long will it run. By the same token, if you’re running an ad on Facebook or AdWords, how much will you daily spend run and how long will the ad run last.
Phase Two - Testing Your Message
- Quick test - Earlier I mentioned that you can run some quick mini tests in Google AdWords and Facebook. These types of mini tests can be very valuable. They can also be run in most advertising venues. Most small businesses don’t run these because they are afraid of wasting any part of their budget on a mere test. The fact is testing always saves money in the long haul and in many cases in the short haul as well. It is possible to get some FREE money for these mini-tests. Ask Google or your agency for intro dollars for pay per click tests. You may be surprised to see what you will be offered.
- Ongoing A/B Testing - A/B testing is a must if you’re looking to maximize your return on your
Courtesy of Workingthewebtowin.com - Multi-venue Testing - Testing your message in only one venue is also not wise. How do you know if AdWords is better that Facebook or any other venue? You need to test them against each other. If it works well in one arena, it may work better in another. Testing various marketing venues is the only way to discover where your best bang for the buck is, assuming costs are similar. If the cost varies greatly between venues, that may be the determining factor for choosing that venue, assuming that venue is still producing results. However, if the test venue is cheaper, but not working, stop that test and find another test venue to operate in.
- Reassessing the Budget - At the end of the testing phase, reassess the budget to make sure the cost matches the plan’s timeframe and schedule. Make sure your S.M.A.R.T. goals are still congruent. This reassessment allows you to move forward with confidence and to make sure you will be profitable in the long run.
Phase three - Optimization of your Message for Profits
- Running your Campaign - If you plan on running a campaign, you must commit to its success. This means meeting and discussing its progress with all involved. If you get to meet weekly the all the players involved in your marketing program, you increase the chances of success. More importantly, you will discover new opportunities that will increase your success as well.
- Monitoring the Campaign - While running your campaign, you must pay close attention to
Courtesy of - Be Ready to Make Changes - Every campaign is fluid. Things can change quickly, and you have to be willing to make adjustments on the fly if you discover a flaw in your plan, offer or venue. Pay close attention to conversion rates. Sometimes the competition reacts to your campaign and counterattacks with their own compelling offer. This will affect your conversion rate and could affect your cost (especially if you’re running a pay per click campaign). If you’re not meeting your conversion goals, you may have to improve your compelling offer, change your offer and your ad. If your cost begins to change the dynamics of your return on investment, it may mean you have to reassess the entire program.
- Do it Again Until it Doesn’t Work - In most cases, your planning and testing will pay strong dividends for your marketing efforts. Once you see that the campaign is working, it’s time to create a similar campaign for other products or services you have to offer. You should continue to run your campaign until it stops working. If you're measuring your ROI and conversions, you will know what that point is. It is not uncommon for advertising to run its course. All campaigns run out of steam eventually. Be ready for your next one.
We have written about the fundamentals and techniques needed for successful marketing many times in the past. The following list of articles will provide the reader with a broad array of information to help them succeed in the marketing efforts. Read them, pass them on to your friends and tell us what you think.
List of Must read article for Marketing Success
- Internet Marketing: Lessons Learned & Best Practices Part 4 – Content is King
- Understanding the Difference Between Branding, Marketing and Advertising
- How to Create your Unique Selling Proposition
- The Ultimate Guide to Creating an Ideal Customer Profile
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Workingthewebtowin.com - The Four P's of Online Marketing Success
- An Irresistible Offer That Lets Small Businesses Compete
- How to Create an Irresistible Offer
- Marketing 101 – What you need to Know before Buying Advertising
- How to Launch your Next Marketing Campaign
- 7 Myths that Entrepreneurs Often Believe That Lead to Big Mistakes
- Top 18 Tips That Can Maximize Your Content Marketing
- What Yogi-ism’s Can Teach You About Marketing
- Understanding the SEO Paradigm Shift in Business
- What Every Business Owner Needs to Know About Online Marketing
- The End of Conventional Advertising as We Knew It Would Be
- The Evolution of Internet Advertising
- How to Get Fish to Jump in The Boat - A Social Media Analogy
- Your Online Reputation Can Either Make You or Break You
- Seven Habits of Highly Successful Internet Marketers
- Six Things That Turn PPC Ads into Advertising That Pays
- What Every Business Needs When It Grows Up
- The DIY Online Marketing Solution
In this article, I have provided the three necessary phases needed to produce a successful marketing campaign. I provide clear, easy to understand steps for every phase. It is the method we use to produce our guaranteed marketing programs. This article also provides more than a dozen links to other articles that will help any marketer succeed and improve their efforts.
That’s my opinion, I look forward to reading yours.
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Hector Cisneros is a partner, COO and Social Media Director for the award-winning, Internet-based marketing firm, Working the Web to Win, in Jacksonville, FL. You can connect with him on Twitter, Facebook, Google+, LinkedIn, and YouTube. He’s also the co-host of BlogTalkRadio’s “Working the Web to Win,” where he and Working the Web to Win’s co-founder, Carl Weiss, make working the web to win simple for every business. Additionally, Hector is a syndicated writer on EZine Online and is an active blogger (including ghostwriting). He's a published author of two books, "60 Seconds to Success"(available at Amazon and B&N), and "Internet Marketing for the 21st Century," which you can get by filling out the form above. He’s also the co-author of the book, “Working the Web to Win,” which is now available on Amazon.com.
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