how to transform your business into a marketing services provider
DESCRIPTION
This presentation was delivered by John Foley, Jr. at the 2012 PODi AppForum.It delivers an in-depth look at the dramatic changes that have affected the print industry recently along with proven strategies, plans and tactics that print service providers can follow to grow their business despite the decrease in printed materials.This presentation examines case studies of companies that have already found ways to adjust their business model, and succeed. It provides commentary and advice from industry leaders who not only offer valuable guidance on what printers must do now, but also how they can prepare for what changes will come in the near future.Key Takeaways:- Discover various paths that you can take to transform your business into one that successfully offers full marketing services- Learn how to make the necessary internal and external changes, including resources, messaging, and more- Take home business strategies, marketing plans, and campaign ideas that will help your business grow!TRANSCRIPT
How to Transform Your Business into a Marketing Services ProviderJohn FoleyCEO interlinkONEGrow Socially
John Foley, Jr. - Introduction
interlinkONE SAAS Enterprise Marketing
Management Software
Grow Socially, Inc Strategic Outsourced
Marketing Services /Online Marketing: Social Media, SEO, Website Development
I love Marketing!
@JohnFoleyJr
Strategies, Plans, Case Studies Campaign Ideas, and More.
A guide to help you grow your business!
NewPathToProfit.com
The Book
What’s on the Agenda
What It Means to Diversify
Transforming Your Business
Case Study for Inspiration
WHAT IT MEANS TO DIVERSIFY
PSP vs. MSP: The Difference
PSP: Focused on Hardware and selling transactions
MSP: Focused on Solutions and selling a solution that meets customers marketing needs
Of course….
It Takes Time to Successfully Diversify!
Year 1 Year 2 Year 3
- Basic Mgmt. Disciplines- Business Plan- Print, Mailing, Fulfillment
Additional MSP Capabilities
Fully Developed MSP
Assessment
Business Transformation
Sales Process Redefined
Marketing Communications
Marketing Service Providers
Education•Seminars•Classes•Whitepapers, Articles,•Webinars
Marketing Execution
Print•Digital•Commercial•Offset•X,Y,Z
Pri
nt
Mai
l
Fu
lfill
men
t
Mail•Bulk•Presort•X,Y,Z
Fulfillment•Kitting•Small Box•Literature•Premiums•Product
Sales Assessment
Education
Business PlanBusiness Plan - Resource Assessment- Business Management
Delivering Marketing Communication programs,
•Marketing Programs•Email•Webinars•Training•Social
•LinkedIn•Facebook•Twitter•YouTube
BusinessAssessment
Data Management
Education
Year 1 Year 2 Year 3
Business Fundamentals-Plans-PositioningDabble in some offerings:-Purls-Emails-VDP- Cross Media
Capability additions:Data ManagementMulti-Channel OfferingsExecuting integrated campaigns-Emails, PURLS, VDP, QR Codes -Workforce training-Technology to support-FULL Campaign Management
Fully Developed-Brand-New marketing offerings-Customer recognized partner not vendor-New technology and/or solution aware
Transformation Timeline
Business/Marketing/Sales Process Redefined
Business >>>>>>>>>>>>>>>Transformation
What’s involved in marketing services?
Let’s take a look…
Create Campaigns!
More than “One-and-Done”
Lead Database:All responses collect in one database. Real Time, Centralized, Online, Qualified.
Pick Your Audience: Choose your target audience.
Response Channel: Give your audience a way to respond.
Pick A Channel: Choose which channel would be the most effective way to contact your audience.
Sales Reports
Lead Distribution
Response Fulfillment: Kitting, Email, Electronic, VDP, POD, Mail, ect.
Measure: Marketing Reports & Dashboards automatically generated.
Repeat: Repeat the cycle for more effect.
Pick A Media: Choose which media would be the most effective way to contact your audience.
March SeminarMarch Seminar
EmailEmail SMS / TextSMS / Text PrintPrint
Invitation EmailInvitation Email Invitation TextInvitation Text Direct Mail Invitation
Direct Mail Invitation
PURL / Response Page
PURL / Response Page Reply TextReply Text PURL
/ Response PagePURL
/ Response Page Call CenterCall Center
- Week Follow-Up -
Reminder EmailReminder Email Reminder TextReminder Text Reminder Direct Mailer
Reminder Direct Mailer
PURL / Response Page
PURL / Response Page Reply TextReply Text PURL
/ Response PagePURL
/ Response Page Call CenterCall Center
Measuring Response Rates
Email vs. Text vs. Print
22% You’re Invited!
6% Win a FREE gift!
47% Check out our March Seminar
25% Are you interested in attending?
Measuring Subject Lines
Sample, Multi-Channel Campaign
Marketing Services: Example
Japanese company, no presence in US
No prospecting database
Fully-integrated multi-channel approach
www.sunchlorellausa.com
The Approach
Multi-Channel, Media, Response Campaign Direct Mail Email Website Social Networks Banner Ads Magazine Ads
Sun Chlorella Website
Web Site
E-E-CommerceCommerce
A
B
C
A
B
C A
B
C
D C B A A B C D
Boomers (35-55)
The 20 something’s 20-34Touch points to gather information and drive to website or shopping cart
Touch points to gather information and drive to website or shopping cart Seniors (55+)
Touch points to gather information and drive to website or shopping cart
Visitors who left.
Visitors who purchased.
Out
boun
d Em
ails
Dire
ct M
ail
Bann
er A
dsSo
cial
Med
ia
Soci
al M
edia
Bann
er A
dsD
irect
Mai
lO
utbo
und
Emai
ls
Drive back to website or
shopping card through medias
Nutritional Configurator
Implementation Steps
Embrace Integrated Multi Channel Marketing Demonstrate you understand customer’s
problems… and can solve them Work with marketing, establish that relationship Show examples/industry studies of success in
integrated marketing Do your research on marketing websites Practice what you preach
Additional Help – Free White Paper!
http://ilink.me/HolyGrail
What’s Next?
Now that we know what diversifying looks like…
… how do we actually transform?
TRANSFORMING YOUR BUSINESS
Before You Move Forward…
To change,you must have a Plan!
Change in Messaging
External: Website and Collateral
Internal: Mission Statement
Change in Sales
Solutions vs. Commodities
Resources, Demos, Toolkit
Questions and Listening
Photo Credit
Change in Resources
Marketing support!
Database Management
Website Development
Mobile Applications
Photo Credit
Change / Increase Self-Promotional Efforts
Bring your offerings to market
Speak volumes of VALUE
Eat your own dog food
Walk the Talk
Practice what you preach
Create your Strategy,
Business Plan, & Infrastructure
The Strategy
Business Plan Marketing Plan Sales Plan Financial Plan Organizational Needs Measure
Executive Summary Business Section Market Analysis Marketing Sales Financial Management Human Resources
Crucial Components of a Business Plan
Management and personnel
Administrative organization
Contingency planning
Organizational Structure
Risk Management
What could prevent you from reaching your goals & what are you going to do mitigate them?
• Do you have enough Capital?
Financial Plan
The investment budget
Statistical data (ratios)
ROI
Financial projections
The Marketing Plan
Expo Event8AM-6PM
Send out flyers to clients
Announce on website
Email eNewsletter (Announce)
Tell colleagues you’re attending
Send thank you cards
Enter new contacts in CRM
Mail -Monthly Newsletter
Create Post, Link back to website
Announce on &
Comment on event’s page
Connect with Keynote Speakers on
Join in on event’s hashtag
Share speaking presentation on
Friend new contacts on
Share event article on
Share event article onAnnounce
booth # with video post
Follow-Up Post Pictures
Marketing Calendar
Marketing Resources: Needs
Plan then EXECUTE Secret (You need a resource
to do this! End of Story!)
Create Content through:
Writing Video Audio Presentations
Conversational
Mobile/Social
Mobile Opportunities
• QR Codes
• Mobile:• Websites• Landing Pages• Surveys• Registrations• Online Profiles• Resumes
• And more!
Sales Resources: Needs
Willingness to embrace change!
Solution-selling vs. Transactional-based
Not completely afraid of social media
But know this… it’s not for everyone
IT Resources: Needs
Ability to manage data (Excel, CSV, Access)
HTML/Web Development Experience
Basic Understanding of Web Security
Not Afraid to Communicate with Sales & Marketing
Key Steps to Success
Plan, Plan, Plan
Get Marketing Expertise on your Staff
Get Close with Customers
Set Expectations
Constantly Review
Self-Promote
Measure
CASE STUDY FOR INSPIRATION
Let's Learn Together!
Rescigno’s Marketing
The Problem
Mailer in the Red Ocean like most No new strategic business plan Wrong human resources to deliver Lack of Marketing & Sales plan Brand and message wrong Tactical approach in social Non engaging or interactive website Bought an HP Indigo (and no plan for selling 1to1
plus) And the beat goes on …
• No consistent branding
• Cluttered homepage
• No blog
• No consistent flow
• Hard to navigate
• Minimal functionality
Rescigno’s Mailing Solutions
Rescigno’s Mailing Solutions
YouTube
Rewrite of business plan Financials – pricing, all resource requirements Marketing plan Sales Plan SWOT
New Brand and MessageExtreme Makeover based on planWalk the TalkOh yeah! They still service and sell print and mail!
The Solution
• Professional
• Showcases Value
• Promotes New Services
• Social Friendly
• Blog & YouTube Integration
• User Friendly
• Easy Navigation
• Form Integration
Website Change
Social Networking Change
YouTube
“Compared to last year at this same time, we are up 16% in sales. That 16% increase in YTD activity is now allowing us to begin to think about doing more than simply surviving.”
Ron RescignoPresidentRescigno’s Marketing
The Results
Action Items to Take Home
Soul Search
Business Plan Review
Marketing/Sales Plan
Find the Right Resources
Self Promotion
Read the Book
NewPathToProfit.com
Free Plans!http://ilink.me/ThePlans
Q & A / Contact Me!: http://ilink.me/JR
iFlyMobi.com
QRCode
Learn More!
interlinkONE: http://interlinkONE.com
Grow Socially: http://GrowSocially.com
iFlyMobi: http://iFlyMobi.com
The Book: http://NewPathToProfit.com
THANK YOU!