Evaluating the Marketing Strategy
of a Business Plan
FireDrum Email Marketing
SP Marketing Experts
firedrumemailmarketing.com
daniel@firedrum.com
(480) 699 1524
firedrumemailmarketing.co
m
spmarketingexperts.com
Underestimating Customer Acquisition Cost
● Customer acquisition can make or break a business
● Research is key
● Experimentation and refinement cuts costs
● Marketing costs must include everything marketing related, not
just the cost of the advertising
Why do Entrepreneurs Underestimate Cost?
● Web design has become easier to start
● Marketing tools have become more user friendly
● Many marketing channels are “free”
● The person lacks the experience
Types of Marketing
● Digital Marketing
○ Online
○ Website
○ Social Media
○ SEO/SEM
● Traditional Marketing
○ Offline
○ Print
○ Networking
○ TV/Radio
Cost Research
Research Target Audience
Research Competitions Marketing
Research Best Practices
● Will marketing be done in-house or through and agency (or both)?
● Which website CMS will be used?
● Website hosting, security, and updates
● All ad channels, ad types, and ad spend
● Marketing software stack
● Website Design
● Content creation
Content is King!
● Has the business owner put the time in to figure out how the
content is to be created?
● Have they set goals and content dissemination schedules?
● Are they making content with purpose and value for the
consumer?
● Is the amount of content needed being underestimated by the
business owner?
● Is content being repurposed to save time and money
Digital Marketing Essentials
● Secure Responsive Website
● Social Presence
● On-page and off-page SEO
● Content Creation Strategy and Deployment Schedule
● Software Stack
Secure Responsive Web Design
● SSL Certificate installed
● Responsive
● Usability testing
● Integrated SEO
Website Design and Functionality
● Easy to find contact form(s)
● Easy to navigate - not too busy visually
● Great content that fits your services
● Calls-to-action
● Consistency in imagery
● Fast page speeds for SEO & User Experience
● Google Analytics and Tag Manager
● Backend usability and functions
Driving Traffic to your Website
● SEO from the ground up for specific product related keywords and
phrases
● Social posting that matches your brand and generates interest and
uses hashtags to get in front of new viewers
● Strategic paid ad campaigns
● Remarketing on proper display networks
● Email Marketing (not spamming)
SEO (Search Engine Optimization)
● What terms should rank for?
● Competitor research & data collection
● Search engine compliance
● Comprehensive keyword research
● Content development
● Rank tracking
● On/Off Page
Mobile Responsive
Fast Load Times
Localized SEO
On page vs Off Page SEO
● On Page SEO
○ Keywords
○ Internal Linking
○ Text Formatting
○ Fresh Content
○ Page speed
○ Mobile Responsive
○ Image optimization
● Off Page SEO
○ Link Building- directories
○ Social Media
○ Social Bookmarking
○ Natural Linkbacks
Social Media - Picking your battles
● What platform does the target audience use
● Are there any smaller communities that could
yield better results? (alignable for example)
● Have you done hashtag research?
● Are you cross promoting?
Target Audience uses it
Tracking ability for posts
Plugs into my marketing software stack
SEM/Paid Advertising
● Competitive bid adjustments
● Budget monitoring
● Content optimization (seo helps)
● Behavior tracking & targeting
● Geolocation targeting
Various Ad Types
Landing Page Design
Set Conversion Goals
Email Marketing
● List segmentation for personalized emails
● Automated campaign configuration
● Drag & drop email design tool
● Comprehensive analytics
● Deliverability through best practices
Responsive Design
Integrated Social Media
Auto-Resend Configuration
Printed Marketing Materials
● Continue to promote your digital presence on print
material
● Repurpose your digital content on print
● Include a way to track results
● QR codes help track generated web traffic
● Trackable phone numbers
Business Cards
Brochures or handouts
Direct Mail
Television and Radio Advertising
● Does your target demographic use TV
or Radio?
● Is your ad playing during the right
shows and on the right channel?
● Would paying for a video production be
better used on digital networks?
Can be a great avenue for some businesses, but not all
Can be costly, research demographic first
Consider digital audio and visual ads as well as
traditional radio/tv ads
Networking
● Add contacts created into your CRM
● Connect on linkedin
● Join a group that meets regularly
● Attend trade shows that fit your industry, and
have a proven record of foot traffic
● A nice display booth can be worthwhile
depending on the business
● Ideally those in your network skip the
web search and call upon you.
Face-to-Face builds rapport
Prospects speak more candidly about
their needs
Can be an affordable way to land a
big client
Branding
● The brand isn’t just a logo - the brand is the company reputation
● Company culture is part of your brand and should be displayed on
social media.
● Becoming a “brand-name” isn’t always the right path for a business
● Include a brand guideline in your business plan
● Incorporate your brand in every aspect of marketing
Personal Branding
Personal Branding
● All employees represent the company brand
● A social media clause for new employees is needed
● Sharing and liking content can increase reach as algorithms favor
engaged posts
● Company Culture should be reflected on social media
In Conclusion
● Every piece of your marketing strategy takes time to carry out.
● Even if something is “free”, consider the time it will take
● Researching audience, competition, software, and time helps create the
most accurate plan
● Invest in quality content
Thank You!
Q & A
FireDrum Email Marketing
SP Marketing Experts
daniel@firedrum.com
(480) 699 1524
firedrumemailmarketing.co
m
spmarketingexperts.com

Evaluating the Marketing Strategy of a Business Marketing PLan

  • 1.
    Evaluating the MarketingStrategy of a Business Plan FireDrum Email Marketing SP Marketing Experts firedrumemailmarketing.com daniel@firedrum.com (480) 699 1524 firedrumemailmarketing.co m spmarketingexperts.com
  • 2.
    Underestimating Customer AcquisitionCost ● Customer acquisition can make or break a business ● Research is key ● Experimentation and refinement cuts costs ● Marketing costs must include everything marketing related, not just the cost of the advertising
  • 3.
    Why do EntrepreneursUnderestimate Cost? ● Web design has become easier to start ● Marketing tools have become more user friendly ● Many marketing channels are “free” ● The person lacks the experience
  • 5.
    Types of Marketing ●Digital Marketing ○ Online ○ Website ○ Social Media ○ SEO/SEM ● Traditional Marketing ○ Offline ○ Print ○ Networking ○ TV/Radio
  • 7.
    Cost Research Research TargetAudience Research Competitions Marketing Research Best Practices ● Will marketing be done in-house or through and agency (or both)? ● Which website CMS will be used? ● Website hosting, security, and updates ● All ad channels, ad types, and ad spend ● Marketing software stack ● Website Design ● Content creation
  • 8.
    Content is King! ●Has the business owner put the time in to figure out how the content is to be created? ● Have they set goals and content dissemination schedules? ● Are they making content with purpose and value for the consumer? ● Is the amount of content needed being underestimated by the business owner? ● Is content being repurposed to save time and money
  • 10.
    Digital Marketing Essentials ●Secure Responsive Website ● Social Presence ● On-page and off-page SEO ● Content Creation Strategy and Deployment Schedule ● Software Stack
  • 11.
    Secure Responsive WebDesign ● SSL Certificate installed ● Responsive ● Usability testing ● Integrated SEO
  • 13.
    Website Design andFunctionality ● Easy to find contact form(s) ● Easy to navigate - not too busy visually ● Great content that fits your services ● Calls-to-action ● Consistency in imagery ● Fast page speeds for SEO & User Experience ● Google Analytics and Tag Manager ● Backend usability and functions
  • 15.
    Driving Traffic toyour Website ● SEO from the ground up for specific product related keywords and phrases ● Social posting that matches your brand and generates interest and uses hashtags to get in front of new viewers ● Strategic paid ad campaigns ● Remarketing on proper display networks ● Email Marketing (not spamming)
  • 16.
    SEO (Search EngineOptimization) ● What terms should rank for? ● Competitor research & data collection ● Search engine compliance ● Comprehensive keyword research ● Content development ● Rank tracking ● On/Off Page Mobile Responsive Fast Load Times Localized SEO
  • 17.
    On page vsOff Page SEO ● On Page SEO ○ Keywords ○ Internal Linking ○ Text Formatting ○ Fresh Content ○ Page speed ○ Mobile Responsive ○ Image optimization ● Off Page SEO ○ Link Building- directories ○ Social Media ○ Social Bookmarking ○ Natural Linkbacks
  • 18.
    Social Media -Picking your battles ● What platform does the target audience use ● Are there any smaller communities that could yield better results? (alignable for example) ● Have you done hashtag research? ● Are you cross promoting? Target Audience uses it Tracking ability for posts Plugs into my marketing software stack
  • 19.
    SEM/Paid Advertising ● Competitivebid adjustments ● Budget monitoring ● Content optimization (seo helps) ● Behavior tracking & targeting ● Geolocation targeting Various Ad Types Landing Page Design Set Conversion Goals
  • 20.
    Email Marketing ● Listsegmentation for personalized emails ● Automated campaign configuration ● Drag & drop email design tool ● Comprehensive analytics ● Deliverability through best practices Responsive Design Integrated Social Media Auto-Resend Configuration
  • 22.
    Printed Marketing Materials ●Continue to promote your digital presence on print material ● Repurpose your digital content on print ● Include a way to track results ● QR codes help track generated web traffic ● Trackable phone numbers Business Cards Brochures or handouts Direct Mail
  • 23.
    Television and RadioAdvertising ● Does your target demographic use TV or Radio? ● Is your ad playing during the right shows and on the right channel? ● Would paying for a video production be better used on digital networks? Can be a great avenue for some businesses, but not all Can be costly, research demographic first Consider digital audio and visual ads as well as traditional radio/tv ads
  • 24.
    Networking ● Add contactscreated into your CRM ● Connect on linkedin ● Join a group that meets regularly ● Attend trade shows that fit your industry, and have a proven record of foot traffic ● A nice display booth can be worthwhile depending on the business ● Ideally those in your network skip the web search and call upon you. Face-to-Face builds rapport Prospects speak more candidly about their needs Can be an affordable way to land a big client
  • 26.
    Branding ● The brandisn’t just a logo - the brand is the company reputation ● Company culture is part of your brand and should be displayed on social media. ● Becoming a “brand-name” isn’t always the right path for a business ● Include a brand guideline in your business plan ● Incorporate your brand in every aspect of marketing
  • 27.
  • 28.
    Personal Branding ● Allemployees represent the company brand ● A social media clause for new employees is needed ● Sharing and liking content can increase reach as algorithms favor engaged posts ● Company Culture should be reflected on social media
  • 29.
    In Conclusion ● Everypiece of your marketing strategy takes time to carry out. ● Even if something is “free”, consider the time it will take ● Researching audience, competition, software, and time helps create the most accurate plan ● Invest in quality content
  • 30.
    Thank You! Q &A FireDrum Email Marketing SP Marketing Experts daniel@firedrum.com (480) 699 1524 firedrumemailmarketing.co m spmarketingexperts.com

Editor's Notes

  • #6 Businesses Need Both Digital should come first
  • #18 Businesses Need Both Digital should come first