Super Marketeer: A Guide for Online Marketing in 2016
Mar 06, 2016
Mar 06, 2016
10 min read
10 min read
Being a marketer in this digital era is difficult for those who have little knowledge about the channels that are available today where a marketer can promote their content. Since 2009, a lot has changed over the internet, Google improvising its ranking algorithms, social media coming into picture as a platform for marketing and many more. Today keeping a pace with all these changes have become a necessity for marketeers.
Today the need is to not only be creative in advertising but also promoting the content to the right audience. This digital age is fast changing and we all need to keep up with the changes that take place in the industry and the way our competitors think and strategize.
Being a one-dimensional marketer is simply not good enough to compete in the B2B world
Before 2009 marketers could get away by being creative powerhouses, but today its just not enough to be good at just being creative- today we have to become Hybrid Marketers. There is absolutely no profit earned from excelling in just one area- direct mail or email marketing, instead we have to integrate the old and new marketing strategies and create a master strategy that is a combination of many marketing channels.
The specifications of becoming a good marketer in 2016 is not limited to creating good campaigns, but he/she must be able technologists, savvy number crunchers and social media regulars and keep up with the updates that take place every now and then on the various marketing channels. Combining all these skills and how they fit together will help in propelling a brand forward and led prospects from the top of the funnel to the bottom(generating sales).
A marketer should be good at these:
Content
Creating a good content has not changed even with the onset of the digital age. Being creative is the first and foremost basic requirement of becoming a marketer and hasn’t changed much over the years. All that has changed is the creation of display ads to be put up on various channels: website, social media channels, banner ads, or billboards.
Putting time, and sometimes money into producing quality content that can be used or repurposed over a period of time across the panoply of marketing platforms. A marketer could learn tools like CorelDraw, Adobe Photoshop or should be able to guide the graphics design team about the idea that he wants to see translated into an eye catching content. Social Media and blogs have made it possible for people to make their content viral.
Search Engine Optimization
Search engines have been gearing up to increase the competition to fight for that first position in search everyone wishes for. In U.S.search market, the share of Google is about 65% and hence optimizing your content for search is a prerequisite to marketing success and getting traffic on your website. A marketer need not have the entire technical understanding about how search optimization works but having a basic grasp will be a boon.
Social Media
On the onset and recognition of these channels in 2009, it was a complete game changer for marketers to serve content on these channels. Social media is a channel that cannot be handed over to an inexperienced intern or an Exec., it has to truly come from the heart of the company as it is serves a purpose of catching eyeballs for marketers but also acts as a reputation management platform for the brand.
A company can anyday outsource this task to the agency ,but every marketer needs a hands on experience with these channels to make the best use out of it. Twitter, LinkedIn, Facebook, Youtube and many more channels have come up with their business pages as an offering for companies to communicate with the target audience.
Marketing on this platform is good but making sure that you comply with the laws of the state also requires hands on experience on this platform. For U.S. , the U.S. Can Spam Act , applies and a marketer should be very well aware of the law before landing the company in trouble. It would be hard to believe but email works 40 times better at customer acquisition than social media, according to report by McKinsey.
Coding
When it comes to online marketing, having a basic understanding about how those good old ones and zeros work to make things happen over the internet will help. A marketer with a basic understanding about HTML5 and CSS, will help in making the website visually better or email newsletters.
Analytics
Back in 2009, tracking and measuring the ROI of the marketing expense was out of question. But as Google made it free for marketers to measure the results of the efforts, soon spending on marketing became accounted for every penny. Many tools came up on the internet and made a marketer’s life easy to measure the ROI of each campaign. Now every marketer can prove the results of spending every penny precisely and design campaigns based on experience. The future of marketers is to become hybrid marketers, or in other words super marketers. We got out of our old ways and bookish knowledge to do something new. But this is for sure that as the online world evolves, keeping an update with the changes happening is a mandate for marketers of future.
Want to know more about why Inbound Marketing is becoming the next level of marketing, drop a mail to info@saffronedge-1c17a3.ingress-alpha.easywp.com, or click here to read more on how you can enhance your inbound marketing strategy.
About Saffron Edge:Saffron Edge is a digital marketing brand with the purpose of assisting companies in improving their Branding and Search Visibility through Inbound Marketing.
What Does a Growth Marketing Firm Do?
Growth is the only factor that helps a business to keep going. It is the most important and constant aspect of all the different industries. Your competitors are constantly refining their products to appeal to consumers, and failing to keep pace could leave you with a shrinking customer base. A growth marketing firm becomes your strategic ally in navigating this dynamic environment. As businesses across various industries gear up for growth, having a solid growth strategy is non-negotiable. The question then becomes, what exactly does a growth marketing agency do, and why should you enlist their services to enhance the success of your enterprise? In this guide, we will let you know the core functions of a growth marketing firm and explore the reasons why their expertise is essential for the prosperity of your business. Let’s start to know more about growth marketing and discover how it can reshape the trajectory of your enterprise. The Concept of Growth Marketing In business, achieving growth is a continuous process for enhancing overall enterprise success. When we shift our focus to marketing, this enhancement involves more than just acquiring leads or increasing sales—it encapsulates a comprehensive evolution that may extend to expanding your product line and achieving diverse objectives. At its core, growth marketing is a strategic solution to address these challenges. Unlike conventional advertising, which tends to stay on the surface, growth marketing takes a deeper dive into the intricacies of sales funnels. Through a blend of scientific methodologies and creative analysis, it unlocks avenues for business expansion by relying on experimentation and data analysis. What distinguishes growth marketing is its commitment to delivering prompt results. While traditional marketing adopts a long-term approach to building brand recognition, growth marketing recognizes the urgency, particularly for businesses in their early stages or those facing a plateau in brand growth. The approach of growth marketing centers around continuous testing and experimentation. It's a dynamic framework designed to identify and maximize sales opportunities at every customer journey stage. This approach hones in on the right audience, engages them throughout their buyer's journey, and employs proven retention strategies to ensure their sustained loyalty. Growth marketing is the strategic amalgamation of science and creativity, propelling your business forward in your industry. Key Elements of a Growth Marketing Strategy A growth marketing strategy revolves around key metrics such as customer acquisition rates, conversion rates, customer retention rates, and customer lifetime value. Below are some leading tactics employed by today's growth marketers to attract, convert, create, and retain engaged customers. While commonly utilized in the e-commerce sector, these tactics can also prove beneficial for brick-and-mortar businesses. A/B Testing A/B testing, and its more sophisticated counterpart, multivariate testing, stands as a cornerstone practice within a robust growth marketing strategy. This technique is applicable across various formats, including email marketing, landing pages, social media ads, and more. The process involves deploying different variations (A and B tests) to discern which content variation, incorporating customizations in graphics, copy, design, and other features, better engages the audience and improves the conversion rate. Subsequently, marketers optimize future campaigns based on the most successful variation, consistently iterating on successes to enhance performance with each test. It's crucial to note that what works for one audience segment (e.g., B test) might differ for another (e.g., C test). Therefore, conducting A/B tests for customized segments helps understand audience preferences, leading to ongoing improvements in campaign performance. Cross-Channel Marketing Cross-channel marketing focuses on developing a strategic channel plan to reach customers through various mediums, such as email marketing, SMS messaging, push notifications, in-app messages, direct mail, and more, depending on audience preferences. Integrating cross-channel marketing into a growth strategy involves understanding individual user communication preferences and tailoring campaigns accordingly. A/B testing aids in identifying how specific users respond to different channels, allowing marketers to customize future campaigns for maximum impact. Building a holistic marketing plan that integrates multiple channels enables engagement with the audience across platforms, leveraging contextual campaigns informed by past behavior on each channel. Customer Lifecycle The customer lifecycle represents customers' journey as they discover, interact, purchase, convert, and re-engage with a company. Growth marketers prioritize three critical lifecycle stages: activation, nurture, and reactivation, each playing a distinct role in enhancing the customer experience. Activation Stage: This initial stage seeks to capture consumer attention and interest through campaigns like welcome messages, onboarding initiatives, trials, and other introductory efforts, building familiarity and credibility. Nurture Stage: Here, companies focus on cultivating and engaging consumers to strengthen relationships. This stage typically encompasses a variety of cross-channel marketing initiatives, including sales, promotions, newsletters, and more. Reactivation Stage: This final stage concentrates on re-engagement, aiming to drive retention and loyalty through campaigns such as post-purchase outreach, abandonment messages, loyalty programs, and win-back initiatives. While no single stage outweighs another in importance, growth marketers proactively cater to changing customer needs throughout this lifecycle using a range of purpose-specific campaigns. Key Metrics for Measuring Business Growth Understanding and effectively utilizing Growth KPIs is fundamental for any business looking to gauge and enhance its growth trajectory. These metrics not only serve as benchmarks but also enable companies to assess the efficacy of their strategies. Integrating a well-balanced mix of these KPIs into your digital strategy is essential for a data-driven approach. Revenue Growth Revenue Growth signifies the positive change in total revenue over a specified period, influenced by increased prices or the quantity of products and services sold. The challenge lies in attributing this growth to specific strategies, tactics, and budget allocations within your marketing approach. Conversion Rate Conversion Rate, within growth marketing terminology, refers to the ratio of leads that transform into paying customers. It's a pivotal metric reflecting the effectiveness of your efforts in converting potential customers into actual revenue. Customer Acquisition Cost (CAC) Customer Acquisition Cost is the total expenditure involved in acquiring new users, covering marketing activities, sales, and related expenses. This metric aids in evaluating the efficiency of marketing and sales efforts, offering insights into cost-effectiveness. Customer Lifetime Value (CLV) Customer Lifetime Value measures the long-term value derived from a customer relationship, providing a holistic understanding of the investment worth making in acquiring and retaining customers. Customer Lifetime Value to CAC Ratio (LTV/CAC) This essential metric gauges the long-term profitability of a customer relationship by dividing Customer Lifetime Value by Customer Acquisition Cost. A higher ratio indicates successful marketing efforts and enhanced customer value. Return on Ads Spend (ROAS) ROAS measures the efficiency of an advertising campaign by comparing the total revenue generated to the advertising expenditure. It serves as a key performance indicator, guiding adjustments to strategy or budget for improved returns. Average Order Value (AOV) Average Order Value indicates the average size of each customer order over a specified period. This metric aids in understanding spending patterns, segmenting data, and optimizing marketing campaigns. Retention/Churn Rate Retention Rate measures the percentage of loyal customers over time, showcasing the success of efforts in building customer loyalty. Conversely, Churn Rate reveals the rate at which customers discontinue using a product or service, emphasizing the need for adjustments. Net Promoter Score (NPS) NPS assesses customer loyalty and satisfaction by evaluating their likelihood to recommend the brand. It provides insights into customer retention success and guides improvements in loyalty and satisfaction. Inbound Inquiries Inbound inquiries represent leads originating directly from organic search results, referral links, and marketing campaigns. Valuable for their pre-qualified nature, these inquiries indicate active interest from potential customers and present opportunities for conversion. Services Offered by a Growth Marketing Agency A growth marketing analyst plays a pivotal role in fostering comprehensive company growth across various domains. Here are the key areas where our support can enhance your business: Strategic Marketing Strategic marketing is the blueprint for securing a market share by defining a mission, analyzing industry dynamics, and setting specific objectives. It guides your company toward customer satisfaction, positioning you as a leader in your industry. Services include: Marketing strategies Product launch solutions Social media strategy Digital Marketing In a digital era, online presence is very important for every organization in every industry. Digital marketing connects you with a vast audience at the right time and place. Leveraging assets like websites, search engines, email, and social media, our services encompass: Digital advertising Search advertising Social media marketing SEO ASO Inbound Marketing Building meaningful relationships with prospects and customers is the essence of inbound marketing. This methodology values and empowers consumers, drawing the right audience through valuable content and conversations. Our services cover: Marketing automation Account-based marketing Email marketing Content marketing Campaign management Digital Analytics Customer behavior is key to improvement in every industry. Digital analytics extracts insights from online marketing activities, enabling a clear vision for enhancing customer experiences. Our services include: Adobe and Google Analytics optimization Tag management Data management platforms Data Science Design and Creatives Compelling visuals are indispensable for online engagement. A design-driven approach fosters creativity, attracting more customers and ensuring brand recognition. Our creative design services comprise: UX and UI design Customer experience (CX) design Growth-led website design Animation and live-action video services How Can A Growth Marketing Firm Help You Drive Results? Growth marketing firms greatly help businesses who need expertise for their deck of work with better results. These specialized firms go beyond traditional marketing approaches, focusing on strategic methodologies to drive substantial growth for their clients. Let's understand the multifaceted responsibilities and key functions that define what a Growth Marketing Firm does: Strategic Planning and Execution At the core of a Growth Marketing Firm's operations lies strategic planning. This involves developing comprehensive strategies to propel a company towards its growth objectives. From defining mission statements to analyzing industry landscapes, these firms meticulously chart the path that aligns with the client's goals. Customer-Centric Approach Customer satisfaction is the North Star for growth, and Growth Marketing Firms understand the importance of prioritizing the customer journey. They make strategies that resonate with target audiences, focusing on creating meaningful connections that go beyond conventional marketing tactics. Data-Driven Decision Making In the era of big data, Growth Marketing Firms leverage analytics to inform their strategies. By analyzing metrics such as customer acquisition rates, conversion rates, and customer lifetime value, they ensure that every decision is backed by actionable insights, optimizing results and return on investment. Comprehensive Digital Marketing Recognizing the shift in consumer behavior towards online platforms, Growth Marketing Firms excel in digital marketing. From making compelling digital advertising campaigns to implementing effective search engine optimization (SEO) strategies, these firms harness the power of the digital realm to connect with audiences at the right time and place. Inbound Marketing Excellence Growth Marketing Firms embrace the inbound methodology, focusing on building meaningful relationships with prospects and customers. Through content marketing, marketing automation, and targeted campaigns, they create an environment where customers actively engage with the brand, leading to higher conversion rates. Continuous Testing and Optimization A distinguishing feature of Growth Marketing is its commitment to continuous testing and experimentation. Firms conduct A/B and multivariate testing across various channels, refining strategies based on real-time data. This iterative approach ensures that campaigns are effective and adaptable to the evolving market landscape. Creative Design and Branding In a crowded digital space, standing out is crucial. Growth Marketing Firms offer creative design services to enhance brand recognition. From user experience (UX) and user interface (UI) design to animated and live-action video services, they develop compelling visuals that resonate with the target audience. How Big Brands Opt for the Right Growth Marketing Agency For prosperous brands, selecting the right growth marketing agency is an important decision with far-reaching implications. The process involves careful consideration of various factors to ensure alignment with your business goals. Follow these five steps to discern which growth agency best suits your brand: 1. Define Your Needs: Assess your readiness to collaborate with a growth marketing agency. If not ready, consider engaging with a digital marketing agency while retaining control of your growth strategies. 2. Specialization in Your Industry: Seek a growth agency with expertise in your specific industry or market. Specialization enhances the likelihood of tailored strategies and optimal results. 3. References Speak Volumes: Request and engage in conversations with references provided by the agency. Insights from past performance and client satisfaction are invaluable in your decision-making process. 4. Prioritize Culture Fit: Emphasize cultural alignment above all else. You need to ensure that the agency's values and goals resonate with your business's for a harmonious partnership. 5. Effective Management for Success: Implement efficient management practices to facilitate a successful partnership. Active management ensures the agency works cohesively to achieve the desired outcomes. Conclusion Through this blog, you must have acquired a sound knowledge about how a growth marketing firm helps businesses to get their desired results. You must know how a growth marketing functions and what services it offers so that you can leverage its services to get the most out of it. If you are searching for a perfect growth marketing firm, Saffron Edge is the name for you to remember. We offer a comprehensive range of services and solutions from growth marketing, SaaS marketing, and account-based marketing to expert digital marketing solutions, we got you covered for everything. To get data-driven and expert growth marketing strategies that can actually work for your business, you can contact Saffron Edge. ...
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5 compelling reasons to include messenger chatbots in your marketing strategy
When it comes to marketing in general, chatbots are the latest fad. While we have already talked about how employing one on your website and making use of conversational marketing can help you nurture leads, provide exceptional customer support and help engage visitors in various ways any time of the day... Employing a chatbot on your Facebook business page as well has its own set of additional benefits that we will go through in this blog. Facebook messenger chatbots have come a long way since they were first launched in 2016 and many brands have come around to realize their true potential. How? By the sheer number of open rates and click-through rates it boasts which is as much as 80%. We are one of those brands and have recently started providing ‘Facebook Chatbot Services’ in our digital marketing services suite. If you are looking to get a messenger chatbot for your business, we can surely help! Reaching out to customers via messenger or other messaging platforms is the new way to personally connect with users and is considered as the new email. While that doesn’t mean email is dead, it just means there is a new marketing channel that gives better return on investment than the old email and that is just one of the many reasons why they triumph over every other marketing channel out there today. So, without further ado, here are a few more reasons why you are soon going to see chatbots everywhere on Facebook’s messenger - 1.Messenger now has more than 1.3b users Today, almost everyone and their grandmother is on messenger. You can easily reach out to anyone and engage them with the help of a messenger chatbot, combine it with the staggering open rates it delivers and none of your pitches will go in vain ever again. Moreover, you can get a lot of personal information about a user in messenger. Knowing about a user’s interests, likes, age, gender and other preferences will only help you customize your messages to them for maximum impact that would boost conversions, which is not possible in email. 2. An easy way to get around Facebook’s everdecreasing organic reach and Ad impressions Source Facebook’s ever declining organic reach and Ad impressions is no joke. After the latest Facebook update, business pages have seen their organic posts reach dwindle down to 1-2% of their total following and the story is more or like the same with Facebook Ads. To tackle this, you can use a messenger bot and blast personal, valuable and engaging messages to all your fans in a jiffy and enjoy great open rates and eventually engagement, relationships and conversions. 3. Build subscriber lists and blast messages Talking about blasting messages, just like emails, you can blast a message to all your fans using a messenger chatbot with ease and engage with them on-the-spot. Even better, you can create a custom audience and feed the data to your messenger chatbot to blast targeted messages and boost conversions. It is just like how you do in emails, but with a better open-rate and more click-throughs which is always great for your marketing endeavours. Building your subscriber list is not a goliath task when it comes to Messenger as each conversation you have with a prospect automatically adds him/her to your subscriber list which you can use later to implement your marketing campaigns. 4. Your best customer service representative The reason chatbots were hyped up in the first place. With every brand out there maintaining a presence on Social Media, it is always a good idea to have a brand representative cater to every customer conversation on social media platforms as soon as possible. While there are obvious complications with hiring people for this task, employing a chatbot makes replying promptly to each and every conversation is a piece of cake. A messenger chatbot can be your customer service representative that’s up and working for your brand 24*7, is cheap prompt, and your human customer service representatives can easily take over the chatbot if it’s not able to take care of a particular query because of its complexity. 5. Easy to set up Unlike popular belief, chatbots are simple to set up and require zero coding knowledge (some of them). You no longer need an experienced developer to build chatbots for your website or facebook page, a majority of bot-builders provide visual chatbot builders that can quickly help you set-up a chatbot using easy drag-n-drop options. As more and more people flock to messenger platforms, it only makes sense to maintain a strong brand presence on those platforms as well. With the help of a messenger chatbot, you’ll be maintaining an everlasting brand presence that is ready to serve customers and prospects any time of the day. So, what are you waiting for? Get one for yourself today, it will only take 2 minutes. ...
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Introducing Google’s DV360: Where Your Digital Campaigns Take Flight
You must have heard about Google Display & Video 360 (DV360) and how it is making everyone go crazy with its functionality. DV360, an ingenious creation by Google, is the ultimate haven for large advertisers seeking total command over their campaigns. This dynamic platform is more than just a tool; it's a gateway to seamlessly manage your digital media mix, align creative brilliance with strategic data insights, curate audiences precisely, and secure prime advertising real estate. In this article, we embark on a journey through the expansive landscape of DV360, uncovering its ability to empower advertisers to craft multichannel media plans that resonate with their brand narrative. From connecting creative strategies with actionable data to navigating the complexities of audience management and digital campaigns, DV360 helps in transforming your advertising endeavors. What Sets DV360 Apart? There are many features that DV360 offers to digital marketers in order to manage all the media campaigns better. Below are some of the key features offered by DV360 that set it apart from its competitors: Campaigns: Efficiently create, optimize, and monitor campaigns, order lines, and media insertion orders. Audiences: Easily create and manage audiences with various functions:1. Audience Profile Analysis: Understand your audience using your own, third-party or Google data and combine audiences from different datasets.2. Activity-based Audience Builder: Craft audiences based on the activity of your Display & Video 360 campaigns.3. Frequency Limits Based on Audiences: Set frequency limits across audiences based on all exposure instances. Creative: Tailor your creative strategy to the media and data plan with helpful functions:1. Ad Canvas: Design ads visually with real-time previews in the Ad Canvas.2. Format Gallery: Utilize innovative formats and templates from Google Web Designer for customized solutions.3. Data-driven Creative: Create message variations appealing to different audiences and establish rules to implement your creative strategy. Inventory: Explore and manage high-quality inventory from chains and publishers while also discovering new opportunities in marketplaces and negotiating deals. Statistics: Access all necessary campaign metrics. Certain functions assist in analyzing Display & Video 360 performance, enabling you to take essential actions based on these results. Key Functions of DV360 Below are the key functions that this platform offers to its users: Campaign Expertise: You can make and execute multichannel media plans effortlessly with DV360's intuitive campaign management. Automated bidding strategies take the manual effort out of optimization, ensuring your goals are met efficiently and effectively. Creative Brilliance: DV360 redefines creative strategy by seamlessly integrating data into your media plan. Empower your decision-making with potent tools for informed creative choices, ensuring your content resonates powerfully with your target audience. Precision Targeting: You can excel in audience management with DV360, effortlessly creating, analyzing, and reporting on audience segments. Leverage advanced tools to combine remarketing lists and tap into customer data for precision targeting that drives results. Diverse Inventory Access: This platform lets you discover high-quality advertising space with DV360, offering access to premier publishers, chains, Google media, and specialized inventory packages. Navigate fraud detection tools, explore advanced TV opportunities, and secure Google's best video inventory for impactful campaigns. Effortless Measurement: Access comprehensive global metrics effortlessly with DV360's measurement function. Evaluate campaign performance with crucial metrics like viewability and verification at your fingertips. Seamlessly integrate workflows across products and data to enhance efficiency and achieve optimal advertising results. Making Campaigns with DV360: A Step-by-Step Guide DV360 streamlines the entire campaign lifecycle, offering a centralized platform for media plans, creative development, measurement, and campaign optimization. Below are the steps to make a campaign using DV360: Step 1: Access Display & Video 360 Open the DV360 platform to initiate the campaign creation process. Step 2: Navigate to Campaign Click on "Campaign" in the left menu to get into campaign management. Step 3: Create a New Campaign Select "New Campaign" and input essential details: 1. Campaign name 2. Meta description and Key Performance Indicator (KPI) 3. Choose the type of creative 4. (Optional) Set planned spend for all insertion orders 5. Specify campaign publication dates 6. Set a frequency limit at the campaign level 7. Choose inventory sources 8. Specify default segmentation (e.g., demographic data, language, geography, brand security) Step 4: Save Your Campaign Click "Create" to save your campaign and set it in motion. Key Takeaways Google has always come up with new developments, solutions, and platforms to help businesses have a clear and streamlined marketing process. This launch of DV360 will do wonders in the campaign marketing processes. So, if you haven’t heard of it till now, you better buck up and sprint!DV360 is the new launch of Google, which is a platform to foster advertising in the digital domain. It offers a huge opportunity for marketers to run their campaigns smoothly and get their desired results within a certain time frame. For more such knowledge and regular updates, subscribe to our newsletter today! ...
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