Continuing on the theme of focusing on the hard work, rather than the latest shiny distraction, let’s take a look at 5 ways to fix your broken marketing.
“Wait a minute!” you might be saying. “My marketing isn’t broken! Everything’s humming along just fine! Sales are up, leads are jumping, we’re raking in the money, and we were just thinking of getting into that social media stuff!”
If that’s the case, congratulations! Now, step away from the social, unless you want to break your marketing.
“Wait, what?” you say. “How can that hurt? If everything’s going so well, why wouldn’t I try the latest, greatest thing?”
To which we say, “If everything is going so well, why would you?” Do you think AT&T is thrilled about the army of people it takes to respond to their Facebook page? Are you ready to staff up? Are you prepared for the morass of half-baked social measurement options your CFO will be clamoring for?
So, here’s the first way to fix your broken marketing:
1. Keep it simple. It’s perfectly OK not to do it all. There’s no reason to run madly into every new marketing trend. Or even every old marketing trend. If you’re a small marketing team trying to do web presence and advertising and video production and social and email and print and broadcast and direct and out of home and outdoor, you’re going to kill yourselves.
Ask yourself: what can you afford to lose? What takes a ton of time, but doesn’t work very well? What is hard to measure? Make a matrix. Rate every marketing tactic in terms of effectiveness, amount of investment ($), and time spent. Drop off the highest-investment, highest-time items. Be ruthless.
Doubtful? Consider this: Apple doesn’t engage in social marketing at all.
2. Measure everything. You can’t make a matrix like we describe above without measuring. Are you measuring all your campaigns? Do you know what the measurements mean? Can you track your results through to final sale or conversion? Do you have a “standard” close rate that can be applied to outreach to extrapolate the impact of the campaign?
If you don’t, do it. Now. Much of your web outreach can be measured with Google Analytics. Offline is trickier, but you can also tie that back to response pages. Some things will always be a little nebulous, like broadcast–but can you extrapolate impressions to sales, based on historical data?
Yes, we know, this is a lot of boring work, when you could be looking at new creative, but this is the basis of your marketing success. And these are the numbers your CFO and CEO will be looking at.
3. Hit hard. As hard as you can. Is your product the only way to do something? The best in class? The one and only? The first? Shout it. Don’t assume your audience is so sophisticated that they’ll come to these conclusions on their own. Don’t expect them to get it by osmosis. Chances are, they’re as busy and harried as everyone else these days, and they need to get the jist, in as few words as possible!
You don’t have a one-and-only, best-in-class message? Then you’d better get cracking and come up with one. Or you’d better find a way in which your product or service makes a meaningful, positive change in someone’s life or career.
Then you need to distill it down to a sentence. As with #1, be ruthless. Your competitors aren’t going to cut you any slack, and your prospective customers don’t have the time for a long, drawn-out message,
4. Stay focused. If you aren’t a multinational company literally selling to every person on the planet (think Coke, think Taco Bell), it’s likely you have a specific audience. These audiences can be extremely concentrated into niches. Where do they hang out online? Find out. Focus your efforts there. We’ve seen dozens of campaigns ruined by going broad, when one online forum may have made the campaign.
You don’t know where your audience hangs out? Google is your friend. Google and Quantcast. Start with the largest sites, hang out there a few days, chase down new sites with Quantcast’s “audience also likes” feature, and make lots of notes. See what the sponsorship opportunities are like. Maybe even dedicate someone to talking to them, if we’re talking about a forum or other social venue.
And yes, this absolutely does work. We had one start-up that could trace 80% of its sales to less than 5 sites on the internet . . . and not one of them accepted conventional advertising.
5. Fix the other broken stuff first. Okay. The hard point. If you’re producing crap, or your customer service sucks, you shouldn’t be looking at your marketing as the Evil Overlord of Slow Sales. Be honest with yourself. Is something else broken in the company?
Are the products not competitive? If they aren’t, good marketing will only kill them faster. Is your customer service the laughingstock of the internet? Well, then, maybe you need to stop blowing your horns until you fix the bad customer service. Or at least stay off Facebook. Or can the social marketing altogether.
“But they can start conversations on Facebook about their poor customer service, and maybe solve people’s problems that way,” you say.
Well, yeah. Or they could just fix their customer service and not have to staff an army of quasi-customer-service-ish-social-ish-marketing-ish people to respond to their Facebook page. We know what makes sense to us.
What makes sense to you?