Making Sure Your Marketing Investments Add up to MoreThinking of ramping up your marketing efforts? You're not alone. A recent survey of CMOs projects a 9.1% increase in marketing budgets over the next 12 months. Here's how to market more effectively than the rest – by being more strategic about your advertising and public relations investments. From online ads to social media initiatives, from email campaigns to SEO/SEM programs, all too often, we see companies operating in a disjointed manner:
Those are just a few examples of what we might call "marketing for marketing's sake." Companies that fall into this trap always end up investing enough in marketing to be dissatisfied with it. In the current economic climate, that's unacceptable. For better results, you need to be strategic. It's about investing appropriately for your situation, your marketplace, your customers and your goals.
Try these strategic approaches as you develop new marketing initiatives. You'll quickly find that your messages are more coherent, consistent and compelling. |
![]() Ready to Break Through? 10 Tips for a Successful Product LaunchEager to leave the recession behind, many companies are ready now to push out new products. There is growing demand and opportunity for new solutions in new markets and segments. But with millions of dollars spent developing and launching competing products and services each year, how will your new product succeed? The name of the game is giving customers a product or service they need and demonstrating that value in every way you can. Here are 10 tips for a successful product launch.
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The New B2B Customer, Marketing 2.0 and Lead NurturingIt's a buyer's world out there. Today's B2B customer now has unprecedented access to information and choices around the clock. Your sales team is no longer calling all the shots: when, where or how to contact prospects. To help sales adapt to this reality, you're going to need to do more than just generate leads. You're going to need to nurture them through Marketing 2.0. Marketing 2.0 is a way of reaching an audience that doesn't want to be found. The new B2B customer wants to guide the sales process themselves; they want to find you and make the first move. We, as marketers, can turn these preferences into our advantage in two key ways:
This second part, what we call "Lead Nurturing," is especially important for those B2B companies with long, complex sales cycles. Lead nurturing through content marketing and strategic communications can help keep you in close contact with propsects who aren't quite ready to buy, ensuring that your front-end lead generation efforts aren't wasted. Then, when they are ready to buy, you can turn them over (or in many cases, back over) to the sales team, making their job a little easier. |
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