Strategic Marketing Process eBook by Moderandi Inc. - HTML preview

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Use Radio to Generate Leads & Awareness

To generate leads, you run a print ad in an industry

You run a schedule of :30 ads on a talk radio show that

journal and a banner ad on the publication’s website and

reaches a broad base of businesspeople in your industry

in their monthly subscriber email.

or region.

The prospect calls to take advantage of your offer, or

As part of your package, you buy exclusive sponsorship

visits a unique landing page on your website and fills out

of the show. You receive special mentions throughout

a form.

the show, and you use the entire campaign to drive

traffic to a specific landing page on your website. The

A sales rep calls and sets up an in-person presentation.

page continues your message, captures the prospect’s

information or encourages a phone call.

Your telemarketing team qualifies leads and transfers hot

prospects to your sales team.

It’s important to treat these programs as longer-term investments because responses tend to come in gradually—they

aren’t as immediate or measurable as internet marketing, telemarketing or direct mail. Targeting may be an issue and

you may not be able to measure the branding impact of your campaign, but they’re solid vehicles when they’re in line

with your goals or used in a larger campaign.

Best Case

Neutral Case

Worst Case

You understand the strengths and

You run a sprinkling of traditional

You don’t evaluate your media

limitations of traditional media,

media campaigns and generally

buys very carefully. You don’t

and you use them effectively in

track the number of responses

have specific goals and thus can’t

campaigns to drive awareness and

that they generate. You know they

measure whether you’re successful

response.

work to some degree, but you

or not. You don’t really test your

can’t quantify the results. The ads

ads either—they offer a lot of

You test your campaigns to improve

themselves are mediocre, but you

information and you can’t really

them over time and you measure

rarely test them to improve.

say whether they work either for

the campaigns to the best of your

branding or direct response.

ability. While you don’t measure the

You know it’s important to be in the

value of your brand-building, you

vehicles you choose, and you stick

You’re wasting your budget and

do adjust your ROI calculations to

with the same tactics because your

time on programs that could be

incorporate an allowance for that

competitors are doing the same

vastly improved.

value.

thing.

How Traditional Media Aligns with Strategy

Campaigns using traditional media should support your positioning and brand strategy, contributing to the experience

that you wish to deliver and the mindshare that you wish to own.

Additionally, make sure that your traditional media campaign is aligned to the goals that you’ve established in your

campaign plan.

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Key Concepts & Steps

Develop a strong strategy

First, determine what you need to accomplish. For example, you may need to generate a specific number of leads, raise

your visibility in a certain industry or geography, or communicate a key message across different media. Set tangible

goals for your traditional media plan.

Each traditional media vehicle has benefits and drawbacks. When you’ve defined your goals, you can decide which

vehicle will work best. Make sure you plan how to measure your campaign as well.

Decide whether to buy media in-house or through an agency

Media buying can be a tricky and time-consuming process. If you have a lot of media to buy, you may want to hire

an agency. You’ll pay for their services, but they may also have more buying power to negotiate better deals and find

ways to reach your target market more cost-effectively.

Consider targeting when comparing costs

Media sales reps may quote you a flat rate for a particular ad or they may quote a cost per thousand (CPM) impressions.

You may pay a higher CPM for a more targeted media than a general one, but if you calculate your cost per targeted

impression instead, you can truly compare apples to apples.

Create a compel ing ad and cal -to-action

Your ad needs to grab the attention of your market—be creative, but keep your message simple and clear. Include a call-to-action—encourage prospects to call or visit a special landing page to learn more about a particular offer or program.

Continual y test, refine and improve

It’s wise to test any campaign before spending your entire budget. If you’re considering multiple publications for print

ads, run the same ad in two different ones to see which generates the best response. Or test different headlines and

offers. Your goal is to find the ads and publications that generate the best response, and then run them for the remain-der of your campaign.

Next Steps

As you design and manage campaigns using traditional media, evaluate the effectiveness of the tools used in the

campaign, measure your results, and focus on continuous improvement.

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Direct Mail

Strategy

ComPetitiVe PoSitioning

BranD Strategy

PriCing

DiStriBution CHannelS

toolS

naming

meSSaging

iDentity

WeBSiteS

literature

DeSign & CoPy

VenDorS

reCruiting

Crm

ClV

roi

CuStomer aCquiSition

Planning

SaleS ProCeSS

CamPaign Planning

marKeting Plan

traditional

Digital

management

traDitional meDia

Seo & Sem

CuStomer retention

DIRECT MAIL

online aDVertiSing

BuSineSS DeVeloPment

PuBliCity

SoCial meDia

SaleS management

telemarKeting

email marKeting

eVentS

For many years, direct mail has been an important marketing vehicle. Even though many companies have turned to

email and internet marketing, a targeted and well-produced mail campaign can still be highly effective.

Direct mail campaigns can generate leads, promote special offers, support other campaigns, communicate with customers and raise your visibility in your market. You can be very simple or wildly creative depending on your goals—for

example, you can use a:

› Handwritten note

› Simple but effective sales letter

› Postcard with a four-color image on one side and a printed message on the back

› Digitally-printed brochure with the prospect’s name printed in the headline and body copy

› Dimensional piece that you develop for a specific purpose

Direct mail can be an effective vehicle for a B2B company if you focus on strategic, targeted mailings instead of large

bulk mail campaigns, which draw very low response rates at much higher costs than online marketing. Instead, consider

using mail to:

› Invite current customers and top prospects to an event you’re holding at a trade show

› Send product literature with the prospect’s name and custom specifications printed into the brochure itself (via

digital printing)

› Announce a compelling sale

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Here are three sample mail campaigns:

Generate New Leads

Nurture Existing Leads

Cross-Sell Current Customers

Mail a personalized, hand-signed

Mail a quarterly “industry update”

Develop a piece that delivers a

letter to targeted prospects. Quickly

or case study with graphs and

compelling case for your current

introduce your value proposition;

reference info—more than you’d

customers to buy related products

invite prospects to call or visit your

be able to provide in an email

and services. Include a strong call-website to view a demo, download

newsletter. Focus the piece on a

to-action; encourage customers to

a special report, or request a quote.

typical objection prospects have

call or visit your website to learn

Follow up with a phone call a week

before they buy.

more and buy.

later.

If you’re B2B, it’s better to think about mail as an integral part of a larger campaign. Don’t just mail and wait for the

phone to ring. Instead, plan a campaign that starts with an introduction via mail, then perhaps a follow-up phone call

from a sales rep and a demo delivered via email or via social media.

When you use the right strategy and execution, direct mail can be a strong addition to your marketing arsenal.

Best Case

Neutral Case

Worst Case

You’re happy with the ROI on your

You’ve had some success with mail

You’ve used mail in the past but

mail campaigns.

campaigns. Sometimes they’re spur-felt that it was a waste of money.

of-the moment; you know that you

The list was expensive and didn’t

You design each piece to grab

could do a better job of planning

necessarily have the right contact

attention, convey a simple message

ahead and focusing your message.

names. The mail piece and postage

and move the prospect toward

You typically use mail in conjunction

were expensive and contained a lot

action.

with a phone call.

of information, yet it didn’t generate

the response you planned.

You test your mailings and tweak

You don’t really test your campaigns

the headlines, envelopes or offers

and try to improve results, but your

You had counted on it generating

to increase response, and you use

response rates are acceptable.

a lot of leads that you ended up

targeted and current lists.

having to find elsewhere.

How Direct Mail Aligns with Strategy

Campaigns using direct mail should support your positioning and brand strategy, contributing to the experience that

you wish to deliver and the mindshare that you wish to own.

Additionally, make sure that your direct mail campaign is tied to the goals you’ve established in your campaign plan.

Key Concepts & Steps

Define your goals

Tie your campaign to a specific objective—for example, the number of responses that you need or the number of

customers you want to generate. Then design your campaign to meet your specific goal.

Target your audience

Narrow your audience as much as you can—you’ll be able to speak more directly to your prospects with better results.

You’ll also save on postage and production.

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Focus on the offer

Don’t overwhelm your audience with every detail about your product and company. Focus on the offer itself—the

purpose for the mailing, the call-to-action. For example, if you’re promoting a software demo, explain what the demo

will help them learn and why they should request it now. Touch on the key benefits, but don’t muddy your message

by including every detail about the software and the history of your company.

Develop your content, then your creative

First determine how much copy you’ll need, what kind of graphics or photography you’ll include, how to promote the

offer, etc. Once you’ve defined the content you’ll need to achieve your goals, start the design process. If you’re working with a design and/or writing team, explain your requirements in a creative brief so you’re all on the same page.

Tackle the campaign logistics

Make sure that you plan how your piece will be folded, stuffed, addressed, stamped, mailed, etc. If you’re running large

campaigns, you may want to hire a vendor to handle this step.

Test, measure and continual y improve

Mail is a terrific media for testing—you can select a random set of records from your list, send your mailing, measure

your response, then tweak the mailing and send it to another subset. You can improve the list targeting, your offer,

the envelope design, the copy and the design itself. Commit to continuous improvement and use what you learn in all

future campaigns.

Next Steps

As you design and manage campaigns using direct mail, evaluate the effectiveness of the tools used in the campaign,

and focus on continually improving your tactical execution.

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Publicity

Strategy

ComPetitiVe PoSitioning

BranD Strategy

PriCing

DiStriBution CHannelS

toolS

naming

meSSaging

iDentity

WeBSiteS

literature

DeSign & CoPy

VenDorS

reCruiting

Crm

ClV

roi

CuStomer aCquiSition

Planning

SaleS ProCeSS

CamPaign Planning

marKeting Plan

traditional

Digital

management

traDitional meDia

Seo & Sem

CuStomer retention

DireCt mail

online aDVertiSing

BuSineSS DeVeloPment

PUBLICITY

SoCial meDia

SaleS management

telemarKeting

email marKeting

eVentS

Have you ever read a story about a company and then contacted them to learn more about their product or service?

Or listened to a CEO deliver a speech and found yourself researching the company later on?

Publicity in the media can be extremely valuable in building credibility and awareness for your company, product or

service. For example, a legitimate news story acts as an endorsement that can reach a wide audience for very little

cost beyond your own creativity and time. There are many forms of publicity including:

› News stories and interviews in trade journals, industry sites, newspapers, magazines, etc.

› “Expert” quotes in a story written by a journalist or blogger

› Self-authored stories published on websites or in industry publications

› Speaking engagements

Publicity is a cost-effective medium that can:

› Build awareness about your brand, products or services, expertise and people

› Drive prospects to your website

› Drive event attendance or participation in a promotion

› Educate the market about problems your company can solve

› Create an ongoing dialogue with the market

The key to success: create newsworthy stories. They should be interesting, relevant and timely. They should educate

and inform, and provide your prospects with insight into how to solve a problem.

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Even if you don’t think you have newsworthy content to share with the world, you can benefit by implementing small

newsworthy programs (such as charity work) that will raise your visibility. At the very least, you should include news

releases on your website; they help improve search engine rankings and enable prospects to see what you’ve been doing.

Publicity isn’t about luck—it’s about investing in a good PR program, and it can really pay off over time.

Best Case

Neutral Case

Worst Case

Your company is very well known in your

You use PR sporadically with

You don’t use any form of public

industry. When you launch a product or

mixed results—an occasional

relations. You may be a startup

release a newsworthy story, important

blurb in an industry journal, a

or an established company, but

publications write about you, and you’re

miscellaneous quote as an expert.

you’re not known by journalists

often quoted in industry articles.

in your industry. You see your

You put press releases on your

competitors featured in industry

You capitalize on the role the Internet

website and distribute them online,

publications even when your

plays in publicity—your press releases

knowing that they make your site

solution may be better; your

drive prospects and customers to your

more interesting to prospects, but

company doesn’t seem to have

website. You also use blogs or other

you’re not sure whether you’re

that level of credibility, and

online publicity techniques to create a

gaining the full benefit from your

you’re not sure how to get it.

strong presence on the Internet.

efforts.

How Publicity Aligns with Strategy

Campaigns using publicity should support your positioning and convey your brand’s personality.

Additionally, make sure that your publicity campaign is tied to the goals that you’ve established in your campaign plan.

Key Concepts & Steps

Create a publicity strategy

Don’t just “shotgun” press releases when you need to drum up some attention. Plan your publicity strategy as you

would any marketing campaign:

› Develop a calendar that ties story ideas to key events and spreads your content out over the year.

› list events that may offer good speaking opportunities.

› Identify publications, reporters and bloggers who cover subjects that are relevant for your company.

› Create traditional and online press materials to give reporters supporting and background information for their stories.

› Know the audience for each story and carefully target your media.

Develop newsworthy story ideas

Every day, journalists are bombarded with press releases touting new product launches, business alliances, research

discoveries, etc. But journalists don’t just make announcements—they need to tell compelling stories that their readers

will find interesting and useful. A trade journal may run a one-paragraph blurb about a new product, but to get headlines,

photos, interviews and full-page coverage, you need to develop real stories.

Like movies, good news stories are often about conflict. An endless stream of positive information is boring. Instead,

develop stories with substance: Good vs. Evil, Nature vs. Nurture, Race Against Time, Company A vs. Company B,

Employee Against the World, Company vs. the System.

In addition, good stories can “go viral” when you distribute them on the web.

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Market your stories and expertise

Journalists need stories. When you have a story, you have something to offer. With a quick, courteous phone call and

a simple pitch, you may find a journalist who says, “Yes, I’m interested in that story, send me your material.” That

three-minute phone call could make a substantial difference in your campaign success.

Reach out when you identify a potential speaking engagement or find a journalist or blogger who may want to quote

an expert from your company. Be sure to prepare a short pitch and support materials as well.

Use the Internet

Many PR experts say the traditional press release is dead. These days, a worthwhile PR strategy has to capitalize on

the Internet.

› Write a second version of your normal releases with rich keywords and a format that helps search engines easily