Have an internal marketing team? Outsourced function? Freelance consultant?

It doesn’t matter what your marketing team looks like. Or what the project looks like. If you’re B2B or B2C. Ask the questions.

It is the last week of the first month of a new year. Therefore, one third the way through first quarter.

Our world looks different than it did even a month ago. With the constant changes, it is critical to focus on the “why.” Make sure the entire organization is aligned. After that, measure initiatives and report results and data.

Business leaders and their marketing team share the responsibility for growth. In other words, work together to achieve collective outcomes to improve enterprise value. Reframe conversations. Arrive at common language. In conclusion, ask and answer the questions.

Marketing Team: Ask These Questions

1. Do we remember why we are here? The first step to create alignment, excitement and positive team energy cross-functionally.
2. Have our business goals, objectives and strategies changed? Similarly, need to be tweaked?
3. Who are our customers / clients? Are the same as last year? How have our existing clients’ mindsets, decision drivers, perceptions changed in the last month?
4. Are we doing enough to add value and fully leverage our relationship with them?
5. Where are we falling down? A positive discussion with constructive criticism and actable outputs.
6. What could limit or impact our strategy, direction or execution?
7. What has been our biggest marketing success this month?
8. Are there new key relationships and milestones or events coming up we should be aware of?

Marketing contributes more than 50% of firm value when brand, customer and digital assets are properly valued. And, the impact of marketing performance, collaboration and perceptions are measured. Marketing is an asset, rather than a cost center or risk mitigator.

We are grateful to work as a marketing team for our clients. Front Porch Marketing asks the questions. We can work as fractional CMOs and outsourced marketing department. In addition, we help write marketing plans and execute marketing initiatives on a retainer or project basis.

Without a defined marketing strategy, a company runs the risk of chasing marketing tactics that might not work. It’s tempting to chase every trend or try to do #allthethings. But it’s far better to focus on executing a few things right than to try to do everything and accomplishing nothing.

Take a step back and give some serious thought towards your marketing strategy.

Strategy First

The terms strategy and tactics are frequently used interchangeably but they are not the same thing. A company’s strategy will define the marketing tactics they should use, not the other way around.

At the core of every marketing strategy are five things: goals, a value proposition, target audience, competition and your marketing messages.

Goals
Choose goals that are SMART, or Specific, Measurable, Attainable, Relevant and Timely. Having SMART goals keeps you and your team accountable.

Here are some examples of SMART goals:

• Grow e-newsletter list to 50,000 subscribers by the end of the year.
• Increase website traffic by 50% with SEO and content efforts.
• Convert and capture at least 1,000 leads over the next three months.

Value Proposition
What value does your product or service bring to your customers? How is your company different from your competitors?

Target Markets
“Everyone” is not a target. Think about the annual income of your target customer, where they hang out online, age or stage of life, what industries they work in, education level, and their motivations for buying your product.

For B2B customers, this may look slightly different. What is the annual revenue of your target client? Who makes the purchasing decisions for the product or service that you sell?

Competition Identify and know the competition. Run a competitive analysis and/or create a competitive profile matrix. Know what your company is doing that is both different and better than the competition. Define your competitive advantage.

Marketing Messages
Your marketing messages should be tailored to all your target markets. A message directed at a CTO of a Fortune 500 company will look different than a message for the CMO of a tech startup. Adjust your messaging accordingly.

Tactics Second

Now we get to play in my sandbox, marketing tactics. Here are a few tactics to consider:

Social Media
I’m surprised by how many businesses are still wary of using social media to promote their organizations. If you don’t think that your target customer is on social media, check out these stats from the Pew Research Center:

• 69% of U.S. adults use Facebook. And its not just for kids anymore – among Americans 65 and older, almost half use Facebook.
• 73% of U.S. adults use YouTube. YouTube is the second largest search engine in the world behind Google.
• A quarter of U.S. adults use LinkedIn. The growing network is a great place for B2B marketing leads, growing thought leadership, and finding your next employee.

So, basically, if your ideal customer or employee is breathing, it’s time to pick a social media channel or two and start getting social.

Influencers
If you can’t build a huge audience, then buy it: this is the thinking behind influencer marketing. But, the right influencer for your company doesn’t have to necessarily have the biggest following to be effective.

The trick is to find influencers with the right fit, engagement, and reach that feel authentic to your company.

Influencer marketing isn’t just for lifestyle products like makeup or the latest diet fad. Check out how this welding products company created their own influencer program.

Video
More than 50% of consumers want to see videos from brands – more than any other type of content. There are many different types of videos a company could create: demo videos, expert interviews, explainer videos, and list goes on.

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It’s easy to get caught up in the day-to-day demands of your company. Most entrepreneurs are too busy working “in” their business to work “on” their business. But, don’t you think its time to work on your business?

To go along with our 8th Anniversary, which we are celebrating this month, here are eight marketing trends that are fast-becoming marketing must-haves. Are you taking every opportunity to build your audience?

1. Personalization

Personalization can take on many flavors. It can be as simple as including your customer’s first name in the salutation of an email. Or, a company can be very intentional about their website and lay out an easy-to-follow trail of digital breadcrumbs.

You don’t need to turn your supply chain inside out but do think about how you reach your customer at every touch point and ask, is this made for them?

2. AI

Speaking of personalization, Artificial Intelligence is going to make even more personalization options available. In fact, it already is – Amazon is a perfect example. When a customer logs into their Amazon account, the landing page is customized for them based on their past purchases and viewing history.

3. Live Streaming

Even in our hyper-connected world, people still long for connection. I think this partly explains the popularity of live streaming (also called live video). Conducting live streams with comments enabled can go a long way in building a relationship with your audience.

4. Visual Search

Human beings are visual by nature. So, it makes sense for people to want to search visually as well as with words. And the technology to do so is getting better and better.

Pinterest is a powerful example of this trend. For an interesting account of their pursuit of visual search technology (it all starts with an avocado, because of course it does), click here.

5. Voice Search

As we have talked about on this blog before, voice search is fast becoming a part of consumers’ everyday lives. Forty-one percent of adults use a voice- activated personal assistant at least once a day. Optimizing your website for voice search will become increasingly important.

6. Purpose & Emotion

The adage “people buy with their emotions and assign reasons to their actions later” is true. Nike, Tesla, Facebook. For better or worse, these companies have showed their purpose through their actions over the years. And customers have reacted.

What emotions do your customers associate with your company? What is your company’s purpose?

7. Experiential Commerce

Much has been made of the retail apocalypse. But, as TechCrunch argues, retail might not be experiencing The End so much as an inflection point.

Many wildly successful e-commerce businesses have opened physical stores in recent years – Amazon, Warby Parker, Casper, Glossier. It’s all about creating a seamless experience where a business can court a customer little by little. Retail stores are showrooms and experiences unto themselves, where customers can try before they buy.

8. Content marketing

Consider this: 47% of buyers viewed 3-5 pieces of content before engaging with a sales rep.

Content marketing isn’t going anywhere. The media market is fragmented, everyone is their own publisher. Now is the time for companies to build their own audience.

2019 will be all about a better customer experience with personalization, automation and AI-powered technology, so you need to be sure you are producing custom content to engage your targeted audience. Whether you’re considering incorporating these trends or you’ve already implemented and are evolving your use of them, we are here to help you incorporate them into your marketing plan.

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’!