Triple Your Business ROI with Effective Branding Strategy!

Triple Your Business ROI with Effective Branding Strategy!

To create effective brand strategies and triple your ROI there are many things to consider. Branding is a total expression of a company’s value that includes its products, services, advertisements, position, people, and culture. However, one question that frequently hits us through forums and emails is: Is branding reserved just for big labels like Levis and Nike? Is it an unfit strategy for small-scale businesses? The answer is a big “NO”. Branding is critical for the business of all shapes and sizes.

Branding:

It is all about what people think of you – that’s it. Nothing matters more than influencing people towards your brand. You can influence branding through well-designed logos, press releases, hilarious ad campaigns, and a lot more. Anyone who notices your brand will have their own perception and your brand will determine who will connect with you and who will not.

Are you still not finding enough reasons to develop a brand for your business? Well, below are 4 reasons that will justify the importance of branding.

Attracts targeted consumers:
People want to easily connect with their favorite brands. A strong brand represents a trustworthy company that is able to continuously deliver the best products and services. A brand acts as a channel that creates a strong connection between businesses and their customers to help strengthen their purchasing decisions with your company and indirectly fuel conversion rates to a great extent.

Creates customer loyalty:
Branding is the best way to promote customer loyalty. Whenever a consumer has a good experience with your product, he or she is going to remember your brand, not the product. Remember, people trust brands, not products and so the very next time they need any product or service, they would look for your business.

A perfect approach to deliver a message:
If designed right, branding can prove to be a great channel of communication with customers. Your brand can let people know your company’s value, message, and characteristics. Such things will help consumers know you better and easily identify your products vs. your competitors. So, it’s essential to know your customer requirements and design your brand accordingly.

Sets you apart from competitors:
Whenever your competitors want to offer similar products, your brand will act as a valuable asset which cannot be replicated.

Does your business need any help with branding strategies? We are just an email away. Our professionals can help you out. Contact us now.

The Importance of Paid Social Media Campaigns

The Importance of Paid Social Media Campaigns

Paid social media campaigns are important to make an impact on your audience. Organic posting is no longer enough for businesses to be seen.Social Media still feels like the wave of the future. However, understanding how to use it to grow your business is essential in reaching your maximum audience. The amount of people using social media is increasing daily, and trying to keep up with every new app can be difficult for companies to tap into. Does this mean you have to do this alone? Of course not, hiring a company to manage and run your social media accounts allows your company to really reap the benefits of being social media savvy.

Measuring success, is translating into likes, views, and conversation, for example cable companies used to judge shows based on ratings. Since streaming channels have become the source of entertainment, and measuring ratings has become difficult, cable companies now judge a show’s success on how many people are talking about it on social media. Similarly, small businesses can really find success in social media campaigns, gaining the publics interest and trust outside of personal interaction, is online. Customers love to rant and rave about their experiences to their friends and families, and the fastest way to do so is on social media. So, why not start the conversation?

Starting a paid social media campaign can seem scary. You might ask yourself where do I start, and how different can it really be from an average campaign? Well, what is interesting about all of these social media outlets is their drive to help companies reach a larger audience. Sites like Facebook, and Snap chat really thrive on business interest. More importantly, it is cost-effective, and flexible to any budget. Campaigns can become really creative, with all of the technology at the disposal of social media. Sites are realizing the strong interest and are making themselves more accessible, for companies to expand their brand.

As cost-effective as paid social media campaigns can be, simply paying $5 on Facebook to reach x amount of people isn’t enough to make an impact. Paid social media campaigns take time, and social media allows companies to be flexible in the sense that they get direct feedback from consumers and adjust accordingly. It comes down to the measurements, sure you paid so much money, but if it doesn’t translate into an increase of views, likes, and conversation then you haven’t really maximized consumer interest. At the same time if you aren’t spending some money then you are not exhausting the full potential your company can have. As blogger Justin Lambert said, “Brands have an ultimatum: pay to play or forfeit the game.”

Take your social media to the next level and invest in your first paid social media campaign

.

Is it Time to Hire a Marketing Agency?

Is it Time to Hire a Marketing Agency?

Many entrepreneurs start out their business on their own or with a very minimal staff.  After all, it’s a new business, money is tight, and things are just getting started.  After a time, and a bit of success, they start to add a couple more employees.   A sales person, customer support staff, and office manager usually come first.  Then what happens when the business stops growing as quickly or even starts to level out?

You start to ask yourself if it’s time to start expanding your marketing efforts.  The problem comes in that, although you’re an expert in your field, you’re not quite sure what to do where marketing is concerned.  Should you hire someone to work in your office?  But if you do that, how will you know who you should hire, and will they have all of the knowledge you need them to have to properly market your business?

The best solution to this problem is to hire a marketing agency.  They employ several people with skills in several different areas, so that they can give you a wide range of knowledge and expertise.  An agency will be able to evaluate what you’re doing now, and offer suggestions for improvement.  They will also be able to offer new advice that you may not have thought of.  They are there to work with you to improve your business.

hire a marketing agency

So how do you really know if it’s time to hire an agency?

1.  Growth Has Slowed or Even Stopped

If you know that your product or service is good, that there is a market for it, that the price on it is right, and that your staff is doing the best job possible, then the problem could be a lack of or ineffective marketing.

2.  You Don’t Have Time

You’re a business owner, which means you’re probably doing the job of 3 or 4 people, which means you just don’t have time to add another set of tasks.  Especially since marketing is a process that takes time and evaluation.  It doesn’t bring in the money right away that’s needed to pay bills.  The thing is, it is necessary in the long run, and it needs to be a priority, even if it’s not your immediate priority.

3.  You Don’t Enjoy Marketing Tasks

If you don’t like doing it, your customers and followers will know.  They will see it in the boring blog posts, uninteresting email blasts, and lacking social media posts, and you definitely won’t get the desired results from those efforts.  Hire someone who is passionate about what they do, and with a marketing agency that is what you are getting….people who truly love marketing!

4.  You Don’t Understand It

Marketing a business is a complex and sometimes confusing task.  It requires knowing a lot about several different means of communication, knowing how to effectively use those channels, and knowing how to truly evaluate their effectiveness.   A marketing agency knows these things, and can help you make the right decisions and choices in your marketing efforts.

Choosing to hire a marketing agency can be a daunting task, but it is a decision that could help your business take that next big step.  Are you ready to take that step?

Making a Strategic Marketing Partnership

Making a Strategic Marketing Partnership

Are you looking for ways to increase your presence in the market without having to increase the size of your marketing budget?  One great way to do this is to create a strategic marketing partnership.

What exactly is a strategic marketing partnership?

strategic marketing partnershipSimply put, it is a partnership you create with another business with the goal of helping you both achieve your goals. In the case of a strategic marketing partnership, it is a simple and effective way for brands to expand their audience.

Why would you want a strategic marketing partnership for your business?

The real question is, why wouldn’t you want one? This type of relationship is one that can be mutually beneficial to both companies involved, because it allows you access to twice as many customers, contacts, and other businesses that could potentially be partnerships as well. By partnering with another company, you double your exposure, because while you are promoting them to your customers and contacts, they are doing the same for you. In addition to being beneficial for you, it is beneficial for your customers as well. They get access to a larger pool of referrals from someone they already trust.

How do you choose a strategic marketing partner?

1. Make a list of products or services that compliment what your business does or sells. What is it that your customers need in addition to your products? Make sure you choose things that are not in direct competition with your business.

2. Find 15-20 businesses that provide the products or services you identified in step one. You can find these businesses through your own personal knowledge or by talking to your customers.

3. Contact these businesses. You know that you hate getting cold calls from people that are trying to “sell” you something, so keep that in mind when contacting them. Try writing a letter instead that outlines what you are trying to do, what the value of it is to you as well as them, and how it will benefit both of your customers.

4. Review the responses you receive back, and determine which business best fits with your company and your marketing needs.

5. Sit down with them and figure out how you can work together and what you both need to do.

What can you do for each other to make this strategic marketing partnership work?

  • Share posts on social media.
  • Provide content for a newsletter.
  • Write a featured blog.
  • Make mentions of your partner on social media.
  • Create a freebie to give to your customers that features both business.
  • Provide coupons/discounts as a way to introduce your partnership to your customers.
  • Make a referral to your partner whenever possible and relevant.
  • Host an event that features your partner. Make sure it is interesting for your customers.

It may take a bit of work up front, but in the long run a strategic marketing partnership can be beneficial to everyone involved.

5 Common New Business Mistakes to Avoid

5 Common New Business Mistakes to Avoid

Don’t be another statistic, ensure the success of your new business. 

ew-business

Are you in the process of opening up your own business? Many people rush into becoming a business owner, without really realizing what it entails. To run a successful business you must avoid making these common mistakes:

1. Not having clear objectives.

From the beginning, it is important to set clear and realistic objectives. Start by making a list of goals and objectives based on a quarterly timeline. In addition, ensure that all your employees are aware of the objectives. Just think about it, a business without clear objectives is like driving a car without a destination in mind.

2. Identify your potential customers.

Who is going to use your product or service? How will they be using your product or service? It is important for you to know who your customer is, so you know how to reach them and maximize your sales.

3. Test your ads.

Run several ads at once with different copy. By doing this you can see what wording resonates best with your customers.

4. Make a budget!

Budgeting is a must with any business, new or established. You should NEVER run the risk of your business running out of money. This is especially true for your advertising and marketing needs. Sit down and plan out how much you have to spend monthly or quarterly on your marketing. Think about promotions you want to run each month, and set that amount aside. Start small, and see what works for you business.

5. Don’t give up.

Starting a business is not an easy task. On average you need to give your promotions at least 3 months before you decide to scrap a campaign. On that note, some promotions might take longer to drive results. As we said before, test your promotion on a smaller scale before you launch a larger promotion, and most importantly be patient. You need to give your business time to be found and talked about, and that takes time.

It’s important that you find employees that will preserve the integrity of your company at all times. Sure, it could be easy to hire the first person that walks in the door, but think about it, one rude customer service experience can cost you not just that particular customer but all their friends and family. So screen your future employees, and ensure that they truly are the type of person that represents your business at its best.

Overall, to be successful you need to ensure you have an array of advertising mediums. Think a health mix of social media, search and maybe even some radio or print (depending on the nature of your business).  In addition, don’t just do one or two promotions and then simply wait for results. Be proactive, find new ways to reach your potential customers, think outside of the box and reach them in a relevant and unique way.

By avoiding these mistakes you can help your business achieve year round success. So plan ahead and get to it!

 

Social Media Holiday Tips

Social Media Holiday Tips

Social bells copy

Are Your Business’ Social Media Outlets Ready For the Holidays?

Christmas is a week away, and that means that businesses all over are trying to keep up with the holiday rush!  Regardless of the rush, as a business you need to ensure you are publicly presenting an image of festive cheer in addition to being there to help your customers who have gifts to buy, meals to plan and family to take care of in order to get everything done on time! According to Mashable, 65% of shoppers turn to social media to find the perfect gift, and, when they do, you need to make sure that you are there to help them out.
So if you haven’t turned your attention to your company’s holiday social media plan, here are 5 tips to help you get started!

1. Decorate your social media

Nothing says holiday cheer like the right decorations, so make sure you get your social media accounts decked out too! Change your cover photo to something that reflects the holiday season. You can go all out or simply give your logo a festive twist.

2. Create holiday engagement

The holidays are a great time to get people talking about your products and your business. Encourage comments and shares from your fans by posting holiday related content.

For example, post an image of your company’s Christmas tree. Then ask fans to share an image of their tree.

3. Think visual

Do you have seasonal products? Make sure you post them on your social media sites, and ensure you add call to action! Make sure you post them with seasonal sentiment, as this will help make them more engaging. A call to action will help bring your company’s name to the forefront of your customers’ minds during this busy time. 

4. Holiday competitions

People love businesses that give back, and the holiday season is one of the best times of the year to show your giving side. Holiday competitions give you a great way to get your business noticed and show your customers you understand the spirit of giving.

For example, give away gift cards to help customers plan their holiday meals or buy their stocking stuffers. You can ask them to share their favorite recipe or a picture of a holiday tradition.

5. Check out what’s trending

The holiday season is the most high-stakes time of the year for businesses. Make sure you get the most exposure possible by checking what’s currently trending on social media, so you can tailor your message accordingly. Just make sure you jump on a trending topic that makes sense for your business. Your message should be relevant and fit in organically with the conversation going on.

Overall, the holiday season is a busy time for both customers and businesses, so make sure you have a strong social media strategy to increase the chances of reaching your customers. In addition, customers are turning to social media to ask questions and report problems, so make sure you are dealing with all the inquires in a timely matter. Don’t forget making customers happy at this time of the year is a top festive priority.