Why Marketing ROI Is So Important, and How You Can Measure It

In today’s fast-paced markets, being data-driven is no longer enough.

The current marketing trailblazers realize it’s time to shift their focus away from monthly reports and onto insight-based decisions. They’re moving past backward-looking measurement and toward decision-focused management—and it’s redefining the way we think about marketing ROI.

Grow Your Business – Use Effective Thought Leadership Techniques

Effective thought leaders are industry superstars, the go-to people others look to for advice and insight. They are reliable sources and bellwethers. When they speak on an industry topic, others sit up and take notice. But thought leadership involves more than knowledge. Successful thought leaders develop a rapport with their audience by sharing wisdom, kindness, generosity, and consideration. They are driven by a genuine desire to help their audience, and this attitude draws people to them.

For small businesses, effective thought leadership can help level the playing field.

While thought leadership as a concept isn’t new, we now know more about its business impact. According to the 2019 Edelman-LinkedIn B2B Thought Leadership Impact Study, thought leadership helps professionals in a number of important ways:

  •  55% of decision-makers use thought leadership content when deciding which organization to work with.
  •  58% of business decision-makers said an organization’s thought leadership content directly led to awarding business to an organization.
  •  61% said that they have paid a premium price to work with those with a reputation for thought leadership.

The bottom line: Thought leadership not only influences buyers, but it also helps brands win, retain, and even grow their customer base.

How can you create your own thought leadership and get quantifiable business results? Let’s look at five key ways to build a winning strategy:

Carve out a specific area of expertise

Nobody can know everything. While thought leaders are experts, it’s best to showcase your expertise in one or two key areas—and to do so clearly. Otherwise, you could dilute your reputation and invite doubt. For example, an executive in B2B marketing would be wise to focus on that space rather than veer into consumer marketing or e-commerce.

Take time to choose an area where you’re knowledgeable and passionate. That passion will carry through in your speaking and writing.

Create high-quality content

Invest your time and energy in creating high-quality content to grow your thought leadership. According to the Edelman-LinkedIn study, only 18% of content is rated as excellent or very good by decision-makers. This suggests a high demand for thought leaders to up their content game.

Long-form content–1,200 to 1,600 words or even longer–can provide real value. (Research also shows it ranks higher search-wise and receive more shares and links than shorter content.) Don’t fear going into detail on a subject, looking at it from all angles to create in-depth content that fleshes out a topic.

In addition, vary your strategy with different formats. Create a mix of content, including e-books, infographics, slideshares, and videos, which may help you reach more audiences.

Skip the self-promotion

While your brand might be top of mind while developing thought leadership, don’t make it the theme of your content. If your content seems like a mere ploy to steer people to your brand, chances are they’ll skip out after they get what they need and not return. On the other hand, if you deliver consistently high-quality content that benefits your audience, you’re more likely to develop and nurture a lasting bond that will keep people returning.

Understand your audience and the issues prospects face. Use that knowledge to craft content that helps prospects resolve problems and improve their businesses.

Keep up with trends

Technology and trends evolve continually. If you don’t maintain your industry expertise, you run the risk of becoming irrelevant.

Keep your finger on the pulse of what’s happening within your industry. As new technology emerges, be among the first to master and share it. Monitor industry news to stay on top of upcoming trends.

Be visible and engage

The more people experience your presence, whether it’s in their social feed, in their inbox, via your blog or a guest blog, or in person at an industry conference, the more connected they’ll feel to you. Every effort you make to engage with people is like one more brick on the road toward building authority and leadership.

Thought leadership is far from a passing fad. It’s a valuable tool for both you and your brand, with far-reaching benefits for every business.

Via Marketo blog

Agile Marketing

Agile Marketing – Overview and 8 Reasons to Adopt It in 2020

Marketing responsibilities and methodologies have changed drastically in the past decade.

It’s no longer logical or affordable for brands to create 12-month marketing plans to be reviewed annually. In the ever-changing digital space, a single Google update can pull the carpet right out from under your feet. While traditional marketing places the producers and their sales cycle at the center of the business, agile marketing prioritizes the customers and their buying process instead.

Agile marketing is quickly gaining momentum, as 98% of organizations report experiencing success with agile projects.

Understanding agile marketing

Inspired by the term agile software development, agile marketing is a marketing strategy wherein teams work collectively and collaboratively to accomplish projects within a short, definitive time period. Team members track the results of their efforts, and continuously strive to iterate and improve over time. Agile marketing values:

  • Responding to change over following a plan
  • Rapid iterations over long-term campaigns
  • Testing and data over assumptions and opinions
  • Numerous small experiments over standalone bets
  • Collaboration and transparency over silos and hierarchy

Features of agile marketing

The most commonly known aspects of agile marketing include:

  • Sprints – time given to the team for project completion. Generally, it ranges from fifteen days to six weeks; however larger projects are often grouped into several achievable sprints that can be easily managed.
  • Stand-up meetings – 15-minute check-ins with the whole team to briefly discuss work from the previous day, in addition to plans for that day. Any hiccups are addressed and resolved as quickly as possible to ensure timely project completion.
  • Project progress tracker – project management tools, like ActiveCollab and Trello, to help efficiently maintain a record of each sprint. Not a fan of using software? A whiteboard with sticky notes will also suffice.
  • Teamwork – a well-oiled team improves project completion rate and time. In closed teams, personal wins become collaborative successes, while also allowing individuals to improve and learn new skills.

Traditional vs. agile marketing

Traditional marketing often fails to adapt quickly enough to the rapid evolution of marketing trends and constant change in customer needs. And when you witness a poor click-through rate, experience customer backlash, or communicate a product recall- every second counts. Agile marketing aims to increase campaign transparency, speed, and adaptability in an age of buyer-persona based marketing. This necessity for a quick response time is where agile marketing proves king.

Benefits of agile marketing

Below are ways in which agile marketing increases employee productivity, conversions, and ultimately sales. Check out 8 reasons why you should adopt it in 2020:

  • Enables Better Internal Communication

One of the biggest reasons businesses should opt for agile marketing is because it transforms communication within the marketing team. Daily scrum meetings ensure every team member knows what the other is working on, and any challenges that may arise are immediately resolved.

  • Enhances Productivity

Marketers who choose agile marketing experience increased productivity. The term ‘productivity’ refers to projects and user stories completed, points scored, and results. As every marketing task warrants a different level of effort, teams assign value points according to the level of work required to complete each story. Visitors to a site, return visitors, bounce rate, trials, and sales are all metrics to be considered. No matter what you measure, the objective should always be enhanced productivity and velocity of the marketing team.

  • Imparts Competitive Boost

Improving the productivity of marketing and adopting a customer-centric method boosts the overall competitiveness of the business and increases customer satisfaction. Timely delivery of projects results in faster time-to-market, which in turn drives better ROI and explosive business growth.

  • Mitigates Marketing Costs

Agile marketing is a cost-effective solution that helps businesses yield long-term results from their marketing efforts. It enables companies to efficiently and effectively increase their reach to a larger audience without any exorbitant investment in multiple solutions.

  • Ensures Employee Satisfaction

Happy marketers exhibit better productivity. According to a survey, agile marketers are more satisfied with their work management approach when compared to others.

This is because agile marketers have a better ability to prioritize their tasks and accelerate the delivery of projects. When visibility, communication, and coordination improves amongst teams, morale does too. It’s, therefore, no surprise that an increase in the quality of work and employee satisfaction go hand in hand.

  • Facilitates Transparency

Agile marketing provides clear insights into projects being delivered by the marketing department. Sprint review meetings allow management to give constructive feedback, which subsequently leads to better results. It also affords team members the opportunity to bring up tangible contributions they’ve made, and be acknowledged for their hard work. Transparency, however, is not simply limited to team members, but also requires marketing to work closely with their customers to provide honest services to them.

  • Allows Measurement of Results

Measurement and accountability are the fundamentals of agile marketing. Agile marketing teams typically execute small tests to measure results. Based on these findings, they invest more time into strategies that prove to be working, and less time into those that don’t. Additionally, it enables marketers to effectively communicate their contributions to management using data and metrics

  • Makes work fun

Agile marketing provides an open atmosphere to discuss projects, challenges and achievements, as well as an opportunity to better know your teammates. Daily standup meetings mean you’re always looped in on what others are working on, which in turn leads to a more cohesive, empathetic, and accountable team environment. One of the biggest assets of agile teams is the inherent nature of collaboration and self-management.

Wrapping Up

Agile marketing methodologies enable teams to stay up to date with trends and understand what customers want in real-time. It allows marketing teams to get an idea or product in front of customers in a short amount of time, with a smaller budget and less risk. Success in today’s ever-evolving digital space depends on getting the right message in front of the right audience at exactly the right time, a feat made possible with agile marketing.

Via Marketo blog

How to Build Brand Loyalty on Your Landing Page

Your landing page is your opportunity to make an impression on your target audience. If it connects on an emotional level and has a clear and transparent purpose, site visitors are more likely to identify with your brand. Building loyalty often takes a bit more time, but your landing page is a start to a long-term relationship with new customers.

Content Globalization: 5 Guidelines to Avoid Pitfalls & Scale Content

The Internet makes it possible for any company to market to a global audience, but it’s not easy to do global marketing successfully. Getting the right marketing content to potential customers worldwide is beyond simply translating it from one language to another. And most of the time, complexities aren’t out there in international markets – they are in a company’s own marketing function. That means one of the fundamental global marketing questions every company needs to answer is, “Are we organized and aligned to deliver the right content at the right time to every audience we want to reach?”

Top Tips for Creating a Budget for your Email Marketing Campaign

Email, although a conventional mode of marketing and communication, has weathered the storms of Twitter, Facebook, Slack, Mobile, and even RSS. What has helped email become a valuable medium over time is its periodic evolution. From plain-text messages to highly targeted and automated emails, they have now mastered features like HTML and CSS coded design, interactivity, videos, and even live feeds. No wonder, the number of global e-mail users is set to grow to 4.4 billion in 2023. Moreover, according to Adestra, 68% of teens and 73% of millennials consider email as the preferred communication medium.

7 Lessons to Unleash Your Marketing Potential at Work

Exploring how you can you can unleash your marketing potential is the difference between being a good marketer or a great marketer.

Learning is fundamental to your own improvement, but the advice you receive can sometimes be biased or hard to apply. Because of that, we’ve created an objective, practical list that can help you on your journey to unleashing your full potential.

Successful Rebrand: What to Watch Out for and How to Make It Rewarding

When a computer malfunctions, the easiest step is often a quick reboot. For many tech hiccups, that’s all it takes to get back on track — problem solved. If only a company rebrand were that simple.

A comprehensive rebrand is more intentional and nuanced than hitting “reset” or initiating superficial changes. After purchasing Whole Foods, Amazon had to shed the grocery chain’s “Whole Paycheck” image. Customers had come to find the store overpriced when compared to competitors, so Amazon cut prices significantly and set up Amazon Prime customers to save even more. The best way to deal with an image problem, according to Amazon? Face it head-on.

How Data Analysis Can Refine the Customer Experience

There are three big brands that get a disproportionate share of many people’s disposable income, not just because of the products and services they provide, but also because of the way they go about talking to customers. Amazon, Nespresso, and Netflix do one thing right above all else – they create an experience that can leave people feeling satisfied and happy. And an important part of that experience is created by what they say and when they say it because they say the right things at the right time.

4 Types of Website Personalization Your University Should Be Using

When it comes to creating engaging experiences with your students, personalization is key to your marketing strategy. However, marketers often get caught in a rut thinking they’re achieving it if they remember to include: ‘Hi First Name’ in their emails.

So how can your university leverage personalization? The reality is that personalization is far more vast and complex than addressing someone by name, and students expect much more when they are interacting with your site.