5 items to focus on right now - ajas · your marketing & sales funnel needs a process,...
TRANSCRIPT
Your Marketing & Sales Funnel Needs a Process, Technology
Content & Social Media
SMB Advisors | www.smbadvisors.com | 978.317.6274
Presented by: Aaron Mandelbaum, Founder & CEO
SMB Advisors
July 16th, 2015
5 Items to Focus on Right Now
Your Marke*ng & Sales Funnel Needs a Process, Technology, Content & Social Media
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Aaron Mandelbaum, Founder & CEO SMB Advisors, has been responsible for the demand genera*on intellectual property that has helped clients generate more qualified leads while decreasing the cost per lead. In addi*on, he has authored internal lead genera*on processes and has pioneered the use of inbound marke*ng inside mul*ple industries since 2010. Previously, Aaron was the Vice President of Marke*ng & Sales for Harmony Healthcare Interna*onal where he lead both departments to grow the company’s sales, marke*ng & branding strategies. Leveraging the prac*ces of inbound marke*ng, Aaron realized 16 consecu*ve months of marke*ng database growth, over 1,400 new blog subscribers, organic website traffic volumes at all *me highs, website bounce rate at all *me lows and generated over 5,000 website downloads, inquiries & webinar registra*ons as well as new business aWributed solely to their company website. Aaron has appeared as a guest speaker in Puerto Rico, Florida, MassachuseWs, New Hampshire, Connec*cut and Nebraska. He graduated from Bentley University in 2002 with a Bachelors degree in Finance and has been cer*fied by HubSpot as a; • HubSpot Specialist (So\ware) • Inbound Marke*ng Specialist (Principles & Tac*cs) • Cer*fied HubSpot Partner Agency (Business Strategies)
Bio
• To understand how the Internet has changed the way businesses need to approach sales, marke*ng & branding efforts to realize success in a digital age
• To understand the Inbound Methodology and how it relates
to a complete digital marke*ng & branding strategy • To provide you with 5 “Focus Items” to implement right now
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Objectives
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Successful Marke*ng & Branding in a Digital Age
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We live in a world where our decisions are impacted
by the results Google displays to us
By Show of Hands: WHO RESEARCHES PURCHASES ONLINE?
88% of Internet users conduct product research online.
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• Google was founded by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University
• They incorporated Google as a privately held company on September 4, 1998
• Google’s mission statement from the outset was “to organize the world’s informa*on and make it universally accessible and useful
• Google’s unofficial slogan is "Don't be evil"
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The Way Google Thinks – The Algorithm
• It is the method by which Google determines sites’ relevancy to user queries.
• It is not sta*c – it changes over *me as Google frequently revamps and improves it so it does its job beWer.
• Understanding these changes are key to being able to improve your website’s ranking.
hWp://moz.com/google-‐algorithm-‐change
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The Way Google Thinks – The Algorithm
• There is an overarching algorithm – the en*re engine – and it is broken down into a number of parts.
• Each part affects different aspects of SEO, some more so than others.
• Two of the most important parts are the ones affec*ng quality evalua*ons and penal*es for “chea*ng.”
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Panda – The Algorithm
• Panda is one such part that was launched in early 2011. It determines the quality level of a site, and it’s very important as higher quality sites tend to rank higher than lower quality ones.
• Sites that have many pages with “thin content” (no value added
for viewer) or duplicate content (content duplicated from either another site or one’s own) will tend to be very nega*vely affected by Panda’s evalua*on and will see their ranking drop drama*cally.
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Penguin – The Algorithm
• Penguin is another part (launched in Spring 2012), which heavily penalizes sites which have too many unnatural links (chea*ng). An unnatural link is one that was created just to increase a site’s rank but which does not really indicate greater authorita*veness (which is what natural links tend to convey).
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Hummingbird – The Algorithm
• Hummingbird is another maWer en*rely. Whereas Panda and Penguin are parts of the whole, Hummingbird is the most recent version of the en*re Google algorithm.
• It’s main purpose as an update seems to have been to allow
more integra*on of the voice search feature as it processes ques*ons much beWer than its predecessors, which were much more focused on key words rather than en*re ques*ons.
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Mobile – The Algorithm
• April, 2015 • Responsive website design is cri*cal • Non responsive websites will be penalized
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Search Google on a Regular Basis & Record the Results
• Google your name
• Google your employee’s names
• Google your compe*tors
• Google your buyer persona’s search phrases
• Google the challenge that you solve
Focus Item #1
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The Inbound Methodology
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What is Marke*ng?
Inbound Methodology
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The process of communica*ng the value of a product or service to customers for the purpose of selling that
product or service.
Wikipedia -‐ hWp://en.wikipedia.org/wiki/Marke*ng
Inbound Methodology
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What is Inbound Marke*ng?
Inbound Methodology
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Inbound MarkeLng Is a Methodology
Promo*ng a company through blogs, podcasts, video eBooks, eNewsleWers, whitepapers, SEO, social media marke*ng, and
other forms of content marke*ng which serve to bring customers in closer to the brand, where they want to be.
Inbound Marke*ng earns the aWen*on of customers, makes the company easy to be found and draws customers to the website
by producing interes*ng content.
Wikipedia -‐ hWp://en.wikipedia.org/wiki/Inbound_marke*ng
Inbound Methodology
The Inbound Methodology
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INBOUND IS AN APPROACH TO MARKETING & SALES THAT REACHES TODAY’S CONSUMER.
Get found by qualified leads online with content (website pages, blog articles, social messages) optimized for search and social media.
Understand what content pulls your buyers through the sales funnel, and use that context to personalize your marketing at scale.
The Inbound Methodology
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The inbound philosophy is backed by a
methodology that helps brands attract,
convert, close, and delight visitors, leads
and customers through a variety of
channels such as social media, blogging,
SEO, landing pages, forms, and email.
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It’s a Great Time To Be a Buyer
• Buyers are becoming more and more comfortable with technology • Informa*on is easily accessible • Interrup*ons are avoidable • People aren’t open to engaging with you un*l they have educated
themselves and are almost ready to make a buying decision
The Inbound Methodology
The methodology facilitates the buyer
journey through the sales funnel – from strangers
to promoters of your brand.
The Inbound Methodology
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THE METHODOLOGY VISUALIZED AS A SALES FUNNEL
The Inbound Methodology
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LET’S GO THROUGH THE METHODOLOGY STEP-BY-STEP.
The Inbound Methodology
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HOW TO UNDERSTAND THE INBOUND METHODOLOGY GRAPHIC.
Along the top are the four
actions (Attract, Convert,
Close, Delight) companies
must take in order to obtain
visitors, leads, and customers.
The Inbound Methodology
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HOW TO UNDERSTAND THE INBOUND METHODOLOGY GRAPHIC.
Along the bottom are the tools
companies use to accomplish
these actions.
Note: Note the tools are listed under the
action where they first come into play, but
that’s not the only place they’re applicable!
Several tools, like email, can be essential
in several stages of the methodology.
The Inbound Methodology
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STEP 1: ATTRACT STRANGERS AND TURN THEM INTO WEBSITE VISITORS.
You want to attract people that
will potentially become leads.
Attract your ideal customer or
buyer persona by creating
content that’s valuable and easy
for them to find.
The Inbound Methodology
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STEP 2: CONVERT WEBSITE VISITORS INTO LEADS.
Once you’ve got visitors to your
site, the next step is to convert
those visitors into leads by
gathering their contact information.
In order to get this valuable
information, you need to offer
something up in return (ex: eBook).
The Inbound Methodology
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STEP 3: CLOSE LEADS INTO CUSTOMERS THROUGH LEAD NURTURING.
Once you’ve attracted the right
visitors and converted the right
leads, you need to transform
those leads into customers with
targeted, automated email
nurturing and social media
interaction.
The Inbound Methodology
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STEP 4: DELIGHT CUSTOMERS TO TURN THEM INTO PROMOTERS OF YOUR BRAND.
Using context and
personalization to deliver tailored
messages, continue to engage
with, delight, and (hopefully)
upsell your current customer
base into happy promoters of
your company.
The Inbound Methodology
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THE METHODOLOGY VISUALIZED TOP TO BOTTOM 1) ATTRACT: GET TRAFFIC
2) CONVERT: GET LEADS
3) CLOSE: GET CUSTOMERS
4) DELIGHT: ANALYZE & OPTIMIZE
Create blog content, search engine optimize (SEO)
that content, and promote it on social media sites.
Place calls-to-action throughout your website, blog, social
accounts, and email to drive visitors to landing pages with
forms.
Send leads targeted, automated emails to drive them through your
buying cycle. Provide your sales team with lead intelligence for more
effective sales calls.
Analyze the success of your marketing campaigns, and determine which
areas need further optimization or personalization for future success.
The Inbound Methodology
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THE METHODOLOGY VISUALIZED TOP TO BOTTOM
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Marke*ng & Sales Integra*on
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The Marke*ng & Sales Funnel
When we think about marke*ng and sales integra*on, and the responsibili*es each team has to the other, we're more o\en inclined to think of what marke*ng does that contributes to the success of sales vs. how sales contributes to the success of marke*ng.
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The Marke*ng & Sales Funnel
We think of how marke*ng funds sales by: • AWrac*ng more prospects to your
website • Genera*ng new leads to be passed
on to sales as part of your lead management process
• Providing sales with the collateral and resources they'll need to share with prospects as part of your inbound sales process.
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The Marke*ng & Sales Funnel
Despite the significance and impact that marke*ng efforts can have on the success of demand and revenue growth in a company, marketers don't always know exactly what kind of results their efforts should yield.
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The Marketing & Sales Funnel
If you're not tracking your conversion rates through the en*re marke*ng and sales funnel, then how can your business set accurate goals and manage *me and resources effec*vely?
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The Marketing & Sales Funnel
In this illustra*on you can see how marke*ng and sales integra*on is beginning to take shape as marke*ng applies the conversion rate data from 2014 to complete the marke*ng and sales funnel from the boWom up.
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The Marketing & Sales Funnel
Your Inbound Sales Process & your Inbound Marke*ng Strategy should be working together with this funnel in mind. Everything that you do should be *ed back to achieving or exceeding these numbers.
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Integrate Marke*ng & Sales
• Develop an agreed upon internal process integra*ng marke*ng & sales efforts
• Define goals and key performance indicator metrics collec*vely
• Integrate digital marke*ng strategies into sales processes
• Clearly define the criteria for leads and viable business opportuni*es
Focus Item #2
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Crea*ng Digital Content For Google &
For Your Audience
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Content is King!
• 60% of the sales cycle is over before a buyer talks to a salesperson • Crea*ng dynamic, remarkable, easily sharable content reduces the cost per
lead
Crea*ng Digital Content
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Creating Digital Content
Where Do the Clicks Go?
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Creating Digital Content
To the Organic Results
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75% of people searching Google never scroll past the first page of results
Crea*ng Digital Content
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Content Can Be..
• Blog ar*cles
• Webinars
• Whitepapers & guides
• Website resources & case studies
• Videos
Crea*ng Digital Content
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One of the most cost effec*ve and successful ways to generate new leads, educate poten*al buyers, and
enhance your brand recogni*on is:
Crea*ng Digital Content
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Blogging
• Blogs are essen*al to inbound marke*ng
• Companies that blog see 55% more website traffic and 70% more leads than
those who don’t
• Focus on your buyer personas primarily, not just on Google
• Blogs convert uniden*fied website visitors into iden*fied leads and
demonstrate authority, exper*se and trust
Crea*ng Digital Content
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The Buyer Persona
Crea*ng Digital Content
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Buyer Personas
• Buyer Personas differ from your Ideal Customer Profile in that an ICP focuses on an aggregate market and a Buyer Persona focuses on an individual
• Understanding your Buyer Personas will help you communicate effec*vely to
the individuals and help facilitate their decision making process • By crea*ng different Buyer Personas you will deliver to your audience
targeted, relevant and valuable messaging
Crea*ng Digital Content
Persona 1 (Most senior person) Focus:
Responsibilities:
Role in decision:
Persona 3 Focus:
Responsibilities:
Role in purchase:
Persona 2 Focus:
Responsibilities:
Role in purchase:
• I Can’t… • I Can’t… • I Can’t… • I Can’t… • I Can’t…
• I Want… • I Want… • I Want… • I Want… • I Want…
• Key Marketing Message… • Key Marketing Message… • Key Marketing Message… • Key Marketing Message… • Key Marketing Message…
• I Can’t… • I Can’t… • I Can’t… • I Can’t… • I Can’t…
• I Want… • I Want… • I Want… • I Want… • I Want…
• Key Marketing Message… • Key Marketing Message… • Key Marketing Message… • Key Marketing Message… • Key Marketing Message…
• I Can’t… • I Can’t… • I Can’t… • I Can’t… • I Can’t…
• I Want… • I Want… • I Want… • I Want… • I Want…
• Key Marketing Message… • Key Marketing Message… • Key Marketing Message… • Key Marketing Message… • Key Marketing Message…
I Cant… I Want… Key Marketing Messages
Buyer • Do I have a problem? • How does this problem relate to achieving my goals? • How painful is the problem? • Who does the problem impact – departments, users, employees, decision makers? • What are my peers doing?
AWARENESS PREFERENCE Persona Group Name: • Description Bullet 1 • Descrip*on Bullet 2 • Description Bullet 3 • Descrip*on Bullet 4 • Descrip*on Bullet 5
Buyer • Can I ignore this? • Is there a quick fix? • Can I fix it myself? • Do I need help? • What are my choices if I need help? • How should I evaluate alternatives? • How will others on my purchasing committee evaluate alternatives?
CONSIDERATION
Buyer • How long will it take to get this fixed? • How much of our time do I need to put towards it? • How do I know the fix will work? • How disruptive will it be? • How much will it cost? • What impact will it have? • What happens if it doesn’t work?
PREFERENCE
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98% of website visitors never return to your site a\er their 1st visit
Crea*ng Digital Content
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Create Your Buyer Personas & Business Blog
• Define 3 different buyer personas
• Script out the ques*ons your buyers are thinking and would type into Google
• Create blog *tles to answer those ques*ons
• Begin by wri*ng 2 blog ar*cles per month
• Create website pages targeted at answering your buyer personas’ ques*ons
Focus Item #3
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Optimize Your Website for Lead Generation
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Outbound Leads: A lead that is acquired through purchasing, cold-‐calling, direct mail, adver*sing or a contact us form on a
website.
Inbound Leads: A content-‐driven, engaged lead that finds you while doing online research.
Inbound Leads vs. Outbound Leads
Inbound Lead Genera*on
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Inbound Leads are 8x more likely to close into
customers than Outbound Leads.
Inbound Leads: A content-‐driven, engaged lead that finds you while
doing online research.
Inbound Leads close better.
Inbound Lead Genera*on
8x
Source: The 2012 State if Inbound Marke*ng – hWp://www.hubspot.com/SOIM
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Inbound Leads have a 14.6% close rate.
Outbound Sourced Leads have a 1.7% close rate.
Inbound Leads close at a higher rate.
Inbound Lead Genera*on
Source: The 2012 State if Inbound Marke*ng – hWp://www.hubspot.com/SOIM
14.6%
1.7%
SO HOW DO WE FIND THESE INBOUND LEADS?
THEY WILL FIND US.
ACTUALLY,
PEOPLE ARE ON OUR WEBSITE DOING
RESEARCH.
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Give your website visitors the opportunity to easily find the informa*on they need
Inbound Lead Genera*on
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Easily consumable content, combined with mul*ple offers, will result in more leads generated
Inbound Lead Genera*on
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A website resources library will be your best lead genera*on solu*on
Inbound Lead Genera*on
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Landing pages for each website offer are your 24x7 sales people
Inbound Lead Genera*on
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Op*mize Your Website With Compelling Offers
• The majority of website visitors are not ready to make a buying decision
• Using long-‐form content, create mul*ple offers for your buyer personas to
move them through the buying process
• Always be giving
• Grow your marke*ng database with permission!
• Segment your database and subsequent marke*ng ini*a*ves
Focus Item #4
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Promo*ng & Engaging Using Social Media
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Engagement Strategy Components
• Find the right audience
• Choosing the right social network
• Engage with the right people
• Share the right content
Social Media
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Social media can deliver results
Social Media
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Social media adds value
Social Media
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Social Media Can…
• Connect you to prospects
• Help you rank organically in Google’s search results pages
• Generate leads by direc*ng people to dedicated website landing pages
• Cul*vate and grow rela*onships
• Offer customer service
• Expand your reach
• Humanize your brand
• Provide public endorsements & social proof
Social Media
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Grow Your Social Networks & Expand Your Reach
• Select the social networks that are right for your audience
• Secure the social profiles for yourself and your business
• Add social sharing buWons to website content when possible
• Par*cipate in social forums
• Share great content
Focus Item #5
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Focus Items Recap
1. Conduct Regular Google Searches 2. Integrate Marke*ng & Sales 3. Create Buyer Personas & Business Blog 4. Op*mize Your Website for Lead Genera*on 5. Social Media Growth & Engagement
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Recap
Thank you for your time.
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