Frequently, we ask a potential client what their marketing budget is in an effort to better understand what resources we will use to meet branding and marketing goals.

And regularly, we hear, “What should our marketing budget be?”

We are already two weeks into Q1, so let’s talk about your marketing budget. Total marketing budgets are on the rise (yay!) and are at 7 – 12% of total gross revenue. If one of your resolutions this year is to grow your small to mid-size business, let’s rock.

Here are four things to remember when formulating your marketing budget:

1. Small businesses should budget 7 – 8% of gross revenues for marketing in order to compete against larger companies.

2. Track your marketing budget and results monthly – at a minimum. If you consistently track your results you will be better able to adjust your marketing spending over time to spend smarter, not harder.

3. Increase the budget for new product launches. Keep track of what you make on the product and tweak as needed to cover the marketing costs and increase profit from sales.

4. One size does not fit all. While the latest Forrester Research report projects that digital marketing spending will make up 44% of all ad spend, this number can vary depending on a variety of factors including industry, growth plans and local market.

As you create your marketing budget this year, don’t start with the tactics. Develop a defined marketing budget to support a marketing plan with measurable goals and a sound strategy.

As planning for 2019 kicks into high gear, now is a good time to take a look at what’s “en vogue” in the marketing world. Is your marketing plan ready to strike a pose?

Some things are classics, and your go-to, wear everyday piece is CONTENT. Quality, engaging content is the cornerstone of any successful marketing plan. Beyond that, the following trends are simply accessories to be mixed in when they fit a brand’s individual style. Much like the latest  fashion fads, not every trend is the right stylistic fit for every brand.

With that caveat out of the way, here are five things walking the marketing runway:

Marketing Automation

ROI has been realized in 75% of companies in just one year of marketing automation use. Companies using marketing automation have reported a substantial 34% increase to their sales revenue, regardless of company size or industry.  In addition, 91% of users say it is “very important” to their overall marketing success. It’s all the rage – which puts marketing automation at the very top of the 2019 trendsetters’ list.

Chatbots

Chatbots can quickly recognize and respond to data … in real time. This gives both consumers and brands a virtual assistant to do anything handling customer queries to ordering a pizza! This saves time, money and human effort. We need look no further than the hugely popular Alexa to understand why the use of chatbots is taking over automated web communications.

Video Marketing

The growth of video will continue. Facebook Live was rolled out in April 2016, and in just two years, the average number of broadcasts doubled, earning more than 150 billion reactions. Video ads are still going strong as well. In August 2018, 65% of ad impressions on Instagram were the result of video content. If those stats aren’t enough to convince you that the video marketing craze will continue, consider this: When customers watch a video on a website, Google pushes that site up in its search results … ideal for any brand.

Native Advertising

Native advertising is on the rise over the use of banner ads, because it doesn’t disrupt the user experience. This increases consumers’ willingness to share it, which generates more sales leads.

Inbound Marketing

Because it’s simple, versatile and 61% cheaper than traditional marketing, inbound marketing remains a cost-effective method of connecting with your audience. Keeping inbound marketing hip is:

• Blogging. Statistically, blogging is three times more effective than traditional marketing in its ability to generate sales leads. It also allows you to include a variety of content that isn’t strictly direct product advertisement.
• Social Media. While AI and Chatbots create a life-like assistant, a strong social media presence creates an opportunity for consumers to engage with real people – making your brand appear more relatable. It also makes it quick and easy to provide exclusive offers or coupon codes to generate customers. To allow for a more seamless experience for consumers, you can also expect to see the continued integration of services into third-party apps by social media companies.
• Email-marketing. Companies that choose e-mail marketing can double their number of generated leads over those that do not. Adding automation can then double that amount. With numbers like those, e-mail marketing continues to be the top model of effective inbound marketing.

Here on the Porch we would love to design a marketing plan for you to premiere in 2019 (perfectly coordinated to your brand’s individual style, of course).

When marketing, sales and ops work together, whether in fundraising or in the corporate world, usually there is a tale of witches, goblins, vampires and more. This year’s HOCO Mums sales at one local high school were a ghost of a different color. When marketing, sales and ops worked together, it became a success worthy of a marketing case study.

Homecoming Mums are a long-standing Texas tradition. If you are not familiar, read more here on the fall tradition and why Texans do it.

Recently one mom said that at her high school this year, mum sales were down. Not the case at this local high school. Insert the mummy marketing case study.

Historically mum sales were flat, and in fact, declined in 2016. In 2017, the Chair of the Homecoming Mum initiative was determined to buck the trend. She instituted digital operational systems for tracking inventory and orders that had never been done before. In addition, her incoming Chair, one that has a working role two years before the Chair-ship, developed a project and communications timeline. Sales that year increased by 15%.

The 2018 Mum sales are tracking at an increase of 14% over previous year and still growing.

What happened differently to make this a marketing case history?

Mummy Marketing Case Study

The implemented plan integrated a sales plan, an operational plan and marketing plan.

The operations developed over the previous year were enhanced even further. There was now at least one year’s history in which to reference. Inventory could be managed tighter which lowered cost and waste.

A sales strategy developed the previous year due to unforeseen circumstances was replicated. We could tell you what it was, but then we would have to send the headless horseman after you.

The marketing strategy, plan and execution was further enhance and defined and included:

• Signage – At the front of carpool every morning for three mornings before the sales deadline was highly visible at the school.
• Social media – A targeted campaign was executed with professionally designed messages and graphics. Content was posted on a consistent basis with relevant messaging.
• School communication – Blurbs in the weekly parent email communication vehicle were increased.

We are proud of this marketing case study that resulted in more dollars raised for the school’s athletic program. Want to learn more? We would love to help your non-profit organization. We are passionate about increasing fundraising efforts. Call us.

You are a small business owner or a business leader who knows their business inside and out – no one will know your business like you do. And in terms of marketing to your ideal customer, that is the problem.

When you are trying to sell to your target customer, it’s tempting to imagine their wants and needs. But, there are limits to what you can imagine your customer wants, and what their lived experience is. Remember: you are not your customer.

Unless you are …

A middle-aged dad with two volleyball playing daughters and a penchant for craft beer … you are not Greg.

An entrepreneur with a Division 6A football playing son and a daughter who is ready to take over the world at the age of five … you are not me.

A thirty-something woman with a deep and unabiding love for bulldogs who has never lived in one place for more than four years … you are not Maria.

What does any of this have to do with marketing to your target customer? I have no idea, but unless you take a hard look at customer research and insights, you might miss something important that has a bearing on whether your customer chooses you over a competitor.

Marketing is not one size fits all

Each customer is unique and has different needs.

Does your customer value convenience over cost or vice versa? Do they care about how their product is made and its impact on local communities? Are they early adopters of new technology? Do they want a Swiss Army knife or one product that does a few things well? Do they like to try new things spontaneously or are their purchasing decisions based on thorough research? How do they find out about new products and services – social media, word-of-mouth, content creators and influencers? All these factors affect how you market to your customer.

Let’s look at a product that many of us on the Porch are about to take on soon – college. It’s easy to think that with this digital generation, all that matters are engaging with them on an online, social media level. But you would be wrong. Students have a ton of options – what makes one school stand out over another? If you look at the experience of our summer interns, their answers might surprise you. Go here and here to find out.

Reaching different customer audiences can seem overwhelming. The solution? Your friends from the Porch. We love a good marketing challenge and we want to help businesses reach their customers through the channels that make sense for that target market.

We are a company comprised of people with very different skillsets, backgrounds and experiences. We are moms, dads, fur parents, former corporate folks, nonprofit fans, football lovers and football nubes, big thinkers and specialized experts.

We are different. Just like your customer.

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Everything is bigger in Texas! This includes the opportunities for small business owners and entrepreneurs to network and learn from each other. One of these opportunities – the Governor’s Small Business Women’s Forum – was recently held locally in partnership with the National Association of Women Business Owners, Arlington Chamber of Commerce and Workforce Solutions for Tarrant County.

There, as part of a digital marketing panel alongside other local business owners (including Kalyn Asher, president of our fabulous client Asher Media, Inc.), I had the honor of presenting tips from the Porch on integrating your digital marketing with your brand strategy. Now, I get to share them with you rockin’ readers, too!

Brand Identity

1. First, build a strong brand identity. The foundation of your brand strategy is your brand architecture.

Brand architecture is built on the following pillars:

• Vision – Determine who you are and who/what you aspire to be as a company.
• Personality – The human personality traits that describe how you want to be known.
• Positioning – The place your brand occupies in the mind of your target audience.
• Affiliation – What you want other people to think of and associate with your company.

Strong brands have three main attributes. We like to call them “The Three C’s”:

• Connection – Brands that cultivate loyalty connect with their target audiences. Consumers care about what your brand stands for.
• Conviction – Everyone in the company needs to believe that the brand is important.  They need to know that the company brand stands for a specific and important promise. Company leaders need to understand the brand, articulate it clearly and champion it internally.
• Consistency – Brand consistency equals earning consistency. Be consistent with your look and message. Deliver on your brand promise at every touch point.

Content is Key

2. Create quality, engaging digital content. The foundation of your digital marketing strategy is having content you can utilize consistently as part of your overall brand strategy.

Another key thing to remember are the three “C’s” of content. Your digital marketing content should be:

• Customized. According to The Content Council, 61% of consumers say they feel better about a company that delivers custom online content.  Also, they are more likely to buy from companies that deliver customized content. Nielsen’s 2018 Total Audience Report shows American adults spend nearly half of their day online looking at content. Most consumers liked custom content for brand engagement. Know your audience. Use the power of personalization to your advantage.
• Creative. Create customized content. Keep your content consistent in your brand guidelines but try to push the boundaries of your brand and voice.
• Cohesive. The customized content you create should be repurposed across platforms and networks.  But remember, repurposed does not mean identical.  Your content should not look the same or say the same thing across different channels.

Don’t Forget Email Marketing

3. Finally, do not underestimate the power of email marketing. It is cost-effective and allows you to easily create different journeys for different groups content-wise.

Customize your email content so that it is personal.  This goes beyond simply including users’ names.

Make your marketing emails skim-friendly. Emails should have a clear call to action and purpose. The less effort and time required for interaction, the better.

In conclusion, if you want to rock a bigger, better brand, start with a strong foundation. Integrate your customized, creative and cohesive digital marketing to connect with your audience.  Remember: Consistency is key.

Voice-search is increasingly becoming a way people find information online:

• Forty-one percent of adults use a voice- activated personal assistant at least once a day.
• Fifty percent of all searches will be voice searches by 2020.
• One-third of smartphone owners use their voice-activated personal assistants regularly.
• More than 35 million Americans use a smart speaker at least once a month.
• Moreover, the global market for smart speakers is expected to grow to $2 billion by 2020.

Voice-Search at Work

And before you assume that consumers do all of their voice search in private, consider that in a recent study, 50 percent of respondents said that they use voice search in the office. That must make for great cubicle relations.

Interestingly, voice searches indicate a greater intent to buy. This could be a good time to review the SEO strategies you have implemented on your website.

Be Natural & Direct

Here’s how you can optimize your web copy for voice-search:

• What problems does your company help consumers solve? Write content that answers these questions.
• Once you’ve figured out the best terms and questions, look these up in Google.
• Pay attention to the answers that Google spotlights in the answer box at the top of the page.
• Can you answer these questions in a more direct way? The answers that show up in the Google Answer Box are the answers that get read out loud, increasing your odds of customer action.
• Be Natural. When people use a virtual assistant to search for something, they’ll usually use words like “who,” “what,” “when,” “were” etc. Are you answering these questions on your website?  If not, you might need to take another look at your copy.

Throwing another search factor into the marketing mix can seem daunting. But, by taking some small steps, you can incorporate some thoughtful strategies and optimize your website for voice-search.

Fall is a season full of new engagement and reconnection. There are new coworkers in our offices. Our children are reconnecting with friends at school. Also, its a good time to look at tactics and strategies to increase your marketing ROI. After all, it is the last quarter of 2018. Enter the power of email marketing.

Certainly, social media is important.  (We love connecting on Instagram and Facebook!) Yes, influencer marketing campaigns are on the rise. But, email marketing is still known for higher ROI percentages for new and repeat consumer engagement.

Why?  Email allows for a more “conversational tone.” As a result, email communication can create a genuine feel for the consumer. Remember, “a small list that wants exactly what you’re offering is better than a bigger list that isn’t committed.”

Email marketing has higher ROI percentages for new and repeat consumer engagement.

Here are some tips for successful email marketing communications:

Make it personal: Know your audience. Personalization goes beyond including users’ names. This is an expected practice and off-putting if not done.

Email marketing allows you to “create different journeys for different groups,” says Forbes contributor Seamas Egan in his article, Netflix Is Winning At Email Marketing. Use the power of personalization to your advantage.

Make it interactive. Egan suggests using GIFs to animate emails. This is a great way to create relevant and interactive content. Check out this collection of animated marketing emails for inspiration.

Make it quick and easy. The less effort and time required for interaction, the better. Make emails skim-friendly. As a result, readers can quickly find the call to action and the main purpose of the email.

Sometimes a single email triggers a response that reconnects us. But, sometimes a single email is all it takes to land new business.

To be influential, one must hold the power to determine, guide and/or impact the decisions and perceptions of others. When applied to marketing, the goal is advocacy. “Influencer marketing is getting others to share your story, generate interest and make your case.” ~ Ardath Albee

Influencer marketing is a marketing strategy focused on capitalizing on the power of people (influencers or brand ambassadors) to advocate for your brand.

“Never mistake the power of influence.” ~ Jim Rohn

By utilizing influencer marketing, your benefits are solid. You gain access to a pre-established, receptive audience which already has a built-in level of trust with the brand ambassador. This helps build credibility. You also get additional help creating content. This content meets your target’s needs. Know your content and message are getting out in the right way, to the right people at the right time.

Is influencer marketing right for you? That depends on what you’re trying to influence (see what we did there, friends?). Know your business and marketing goals, audience, strategies, tactics and measurement. These help determine if influencer marketing is worth the considerable amount of time it can take.

Mapping out an influencer marketing strategy up front can help you minimize the time it will cost you and maximize your results.

Four Keys to a Successful Influencer Marketing Plan

1. Know Your Audience. Make sure you are spreading your message to the (targeted) audience you need to see it, and in the places they are most likely to see it.
2. Know Your Goals. Make sure you have set, measurable objectives. Otherwise, it will be impossible to measure your success.
3. Know Your Ambassadors. The most powerful tool influencers bring to the table is the foundation of trust their audience has in them. This allows the influencer to authentically advocate your brand to your target. It is critical we don’t confuse influence with popularity. TIME does not grant their annual 25 Most Influential People on the Internet influential status based upon the number of followers they have on social media. Instead, they “evaluated contenders by looking at their global impact on social media and their overall ability to drive news.”
4. Know Your Space. Influencer marketing is not limited to social media platforms. The places where the people in your audience are hanging online (if they aren’t on your site) are key to know as those places are influencers. Depending on your audience, you may have better results through specific bloggers’ websites over Instagram (or vice versa).

YOU are your brand’s biggest ambassador. However, when done successfully, having others advocate for you is powerful. Influencer marketing can help you in cultivating the growth you want for your brand.

Continuing in the pattern of marketing and travel metaphors, let’s look at the itinerary for your marketing efforts: your brand.

Is your brand getting you to where you want to go? If its not, maybe its time for a brand audit.

“Businesses don’t own their own brand, they are custodians of it.” – Small Business Marketing Expert Dee Blick.

A brand audit looks at:

• Current brand identity – This includes your logo, tagline, key messages, style guidebook, features/benefits, and color palette.
• Digital/social presence – Is your website easy to navigate? If your company has an ecommerce component, is it easy to purchase items from your site? Is your site optimized for SEO and is it mobile responsive?
• Electronic marketing – This includes your company blog, email marketing, and e-newsletters. (Email marketing gets a bad reputation these days but remains one of the most effective ways to reach your customer and increase your business.)

And the list goes on. Everything is a touchpoint: your collateral, your website, the way the receptionist answers the phone.

Ask yourself, “Does this resonate with our current customer? Does it resonate with new customers we want to pursue? Are these efforts in alignment with one another?”

A few years ago, Front Porch did a brand audit for The Remac Group, the parent company of four shoe and women’s apparel brands: J. Renee, Kay Unger, Phoebe and L’Amour Des Pieds. We looked at all four labels from top-to-bottom, looking for cohesion, consistency and alignment with business goals.

Want to know the results? Give us a call and we love to share more.

Even if you know you need to overhaul your brand, it would still benefit your company to conduct an audit. After all, if you don’t know where you’ve been, how do you know where you’re going?

When it comes to marketing plans, there are a plethora of opinions about how best to approach them. And who doesn’t love a good analogy to break down a complex topic? We certainly do.

Today marks back-to-school for many districts, including our beloved client, Faith Family Academy. Enjoy this day, parents and teachers! It’s always a good one! Commensurate with the beginning of school is the official end of summer travel. We rockers truly enjoy our summer adventures, and we love to share them on Instagram, so check us out if you are in need of a ‘lil travel inspiration!

Travel planning is a great analogy for marketing planning, so let’s GO!

Destinations = Goals

All brilliant marketing plans start with goals. A goal is a destination that you want to reach. If you were planning a trip you would naturally start with your destination. For the sake of illustration, let’s choose Vancouver.

Method of Transportation = Strategy

So you want to go to Vancouver, but how are you going to get there? This is your strategy. You can travel by train, plane, automobile, boat, motorcycle, or you can walk! Depending on where you’re travel is originating, some of these might be instantly ruled out (walking from Arlington to Vancouver … nobody has time for that!). For my family’s summer trip to Vancouver, our transportation strategy was to fly to Seattle and ride the train to Vancouver.

Packing List = Tactics

Up next, tactics. To execute our travel strategy, we needed to pack the following: plane tickets, rental car, train tickets, passports, lodging, sightseeing itinerary, tickets for attractions, and a suitcase packed with the proper seasonal attire. These are all considered tactical elements to make our Vancouver destination memorable.

Goals, Strategy, Tactics.

Apply this analogy to how you want to reach your target audience and you will achieve your marketing goals. Need help getting started? We would love to meet you on the Porch and get rockin’!