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Ask MarketingSherpa: Getting approval for your marketing ideas from your company’s business leadership or from clients

July 7th, 2021

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in a one-to-one email communication, we occasionally publish edited excerpts of some of these conversations here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

Dear MarketingSherpa: Daniel, I’m wondering if I can share a thought from a conversation with a digital marketing “expert” I had today….

Theory:

If almost all ads/campaigns/approaches are likely to have weak VPs (value propositions) and non-compelling CTAs (calls to action), would an alternate approach to marketing knowledge delivery be to identify the most-likely-to-produce mediocre-result approaches. Would that have more affect on marketing performance than to rely on the main perception that MECLABS tries to get across based on fundamentals?

My thought is that no matter how hard a real marketer tries to use fundamentals, ultimately the decision makers, who will never understand the basics, will oppose the approach in favor of a futile effort that’s proven over and over not to work?

Here is how you do it properly

Vs

Based on your lousy approach you seem to want to defend with all your heart, it would be best to waste less by tackling your goal this way.

Thoughts?

Dear Reader: I sense some frustration with getting a client on board? Or working with business decision makers to prioritize your marketing spend?

Ultimately, whoever writes the check makes the decision. And the best we can do is hope to influence it in as positive a direction as possible. I assume this is very similar to other industries, like government for example.

So yes, unless we are the final decision maker, the marketing we produce will never be flawless and perfect. But our job is to take something that is say, 20% good, and shift it to 50% good. That’s not 100%, but it is better than 0.

As Confucius said: “Better a diamond with a flaw than a pebble without.”

Now don’t get me wrong. I’m not saying to just let it slide. The typical brainstorming technique of pretending there are no bad ideas actually isn’t helpful. (It’s called regression to the mean, says Harvard Business Review).

As a marketer, you must be the voice of the customer and an advocate for the audience. Without quality internal marketing, the world gets ideas like Zippo perfume. And no, I’m not making that idea up. You can read about it this New York Times article: Brands Expand Into New Niches With Care, but Not Without Risk.

Here are five tactics to help you win the yes for your next marketing strategy…

This requires a value proposition

It is internal marketing essentially. Don’t overlook the importance of this task. Like anything worth doing, it requires an investment of your time and attention. I was talking to a channel marketing manager at a Fortune 500 tech company, when something she said really stuck out to me. She was working on a major lead nurturing campaign, and about half her time spent on this project was spent on selling the project internally (from Internal Marketing: The 3 people you must sell to in your own office).

You need a prospect-level value proposition for each type of decision maker involved, as well as a process-level value proposition for the action itself.

We built this tool to help our readers – Free Template to Help You Win Approval for Proposed Projects, Campaigns and Ideas.

And this free template as well – How to Sell Your Marketing and Advertising Ideas to Your Boss and Clients (with free template)

Testing can help

Sometimes you need straight-up data to prove the mettle of your idea. A/B testing is one way to get that data.

You could say something along the lines of, “OK, let’s try it your way, try it my way, and let the customer decide.”

We actually had a great example of this happen internally in our own organization – Headline Writing: How a junior marketer beat the CEO’s headline by 92%

Educate about new technology

Sometimes the pushback you’re getting is because the decision maker just doesn’t understand the technology involved.

Educate execs on the latest technology and why their pushback to your ideas might not make sense. Let them see the flaws in their logic for themselves. For example, MECLABS (parent organization of MarketingSherpa) created a free mobile optimization course to help marketers understand what considerations they should take for conversion optimization and messaging specifically in a mobile environment.

Collaborate

Never look at it as a Me vs. You battle.

Give the decision makers you work with the benefit of the doubt – they probably want the same thing you do. Business results. And happy customers.

They just may not have spent as much time focused on the project or objective as you. They have other concerns.

Try to get some of their time for a value proposition workshop to build the fundamentals of your marketing together. Or at least get a meeting to present a competitive analysis.

Good intentioned, capable people may still come up with different conclusions. But after taking the journey together, you will better be able to understand their reasoning and they are more likely to understand why you are suggesting the approach you have chosen.

Help them feel the customer experience

“Wouldn’t GM executives learn more about the problems that customers face, [exec William Hoglund] was asked, if they had to drive used cars and deal with repair problems like everyone else,” James Risen wrote in the LA Times.

You may have a disconnect with a decision maker because they are too far removed from the customer experience.

In that case, before even presenting your ideas, share some form of the customer experience with them.

I was encouraged to see this line from Gabriel T. Rubin in The Wall Street Journal recently, “GOP Rep. Peter Meijer of Michigan and Democratic Rep. Dean Phillips of Minnesota swap footwear on Capitol steps to ‘walk a mile in someone else’s shoes.’”

A bit tongue-in-cheek of course. But if national leaders are willing to try it out, our business decision makers can as well.

If you can’t literally put them in your customer’s shoes, at least start your pitch meeting with a few slides that clearly illustrate how customers’ experience the brand’s product or services. Direct feedback from customers – say, from customer reviews or ratings – can really illuminate executives. Just make sure the reviews accurately represent a major set of customers and are not an outlier.

Reader, you are far from the only one with this struggle. I find we marketers are often better marketing externally than internally. Best of luck in getting approval for your ideas.

Dear MarketingSherpa: Thanks so much for this. Everything you say resonates and validates.

I find your mention of this very interesting: “But our job is to take something that is say, 20% good, and shift it to 50% good. That’s not 100%, but it is better than 0.”

It may support my original thought that the problem I’ve been trying to solve is not actually an accurate understanding of the true problem.

“Marketing underperformance” may actually be a symptom of a problem, and this may be where my frustration comes from.

I feel I’ve been trying to solve underperformance by insisting that a fundamental principle approach is the only way (Man with a Hammer Syndrome).

I think if I adjusted my perception in a way that’s more aligned with the decision maker’s rationale, then I think I’ll find my way back to enjoying solving marketing problems without expectation that the engine has to be perfect from the foundation. This is a fool’s errand when working within an imperfect business landscape.

It may be a good approach for a building that has a problem, even though the logical choice is not to tear the building down…but instead shore it up in the areas that make the most sense according to the unique variables for that particular issue – building, budget, timeline, outcome, etc.

I really appreciate being able to dialog this stuff with someone who gets it.

Thanks again,

You can follow Daniel Burstein, Senior Director, Content & Marketing, MarketingSherpa and MECLABS Institute, on Twitter @DanielBurstein.

Related Resources

Five Tips From a Personal Care Industry CEO for Setting (and Getting Approval for) Your Marketing Budget

What are the most valuable marketing skills? (with free resources to improve those skills)

1,681 (and counting) free business and marketing case studies – Another great way to make your case for a marketing idea is by sharing a case study with decision makers

Ask MarketingSherpa: Homepage value proposition

February 10th, 2021

Ask MarketingSherpa: Homepage value proposition

We frequently receive questions from our email newsletter subscribers asking marketing advice. Instead of hiding those answers in a one-to-one communication, we occasionally publish edited excerpts of some of these conversations here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

Dear MarketingSherpa: Hi Daniel. Hope you’re having a good week.

About 10 days ago I commented about a three-part study you posted on homepage redesigns on your Linkedin post.

I asked you for some extra resources, and you sent a few links that I reviewed.

If you don’t mind me asking a direct question, could you offer your two cents of feedback on this please?

Here’s the thing. My client is a SaaS Case Management platform, that wants a redesigned website. So we’ve started working, and at the outset, the deal is to make the homepage less techy and more business-oriented.

I’m working on the homepage value prop, and we discussed two options, both suggested by me:

Option 1: Manage Cases With Ease

Option 2: Manage More Cases With Less Stress.

The internal team is heavily leaning to Option 1 because it looks cleaner, and I’m pulling the other way because Option 2 identifies the wants and pains of the target audience better, and with more emotional impact.

I’d love to hear your two cents on the matter. When the homepage is competing with $50 million per year businesses, and the audience is the public sector and companies serving the public sector, how smart is the idea to use these more “emotions-oriented” taglines?

Igor Mateski
Founder/CEO
WebMaxFormance

Dear Reader: Hey Igor,

I can’t say which is the best value prop for the company. That takes a lot of work. If you haven’t already, I suggest conducting a value prop workshop with them. Here’s an example – B2B Value Proposition: How a tech startup used a value prop workshop to help prepare for a public offering (4 takeaways for your brand)

As to your question between the two options, your best bet is to test.

Personally, my off-the-cuff response (hope it doesn’t sound too harsh), they will both underperform because they have no credibility. I know you wouldn’t tell me “Manage Less Cases with More Stress” so why should I believe you if you told me “Manage More Cases with Less Stress?”

As for “emotions-oriented” – it can work. Remember, you’re not selling to companies or government agencies, you’re selling to people. If you’ve hit on the right emotion from them (and I don’t know them and can’t say if you have) it can be very effective, but again, it needs to be credible.

Hope that helps.

Dear MarketingSherpa: Hmm…interesting point, about credibility. I didn’t turn over that rock. Obviously.

We haven’t had any interviews/planning with the client. They just asked that we redesign the site, and the deadline is New Year’s. So we’re cutting corners in plenty of places in order to make the deadline.

That being said, what do you suggest as a quick and easy way to add credibility to the value prop?

By the way, thank you for your comment. It’s quite helpful!

Dear Reader: Glad I could help, Igor. Quick and easy? That’s tough. I’d suggest get them on the phone, discuss the claim they like, and then you really have to challenge them. “OK, I believe you. But why should anyone else believe this? They’ll have three other tabs open with websites for your competitors. Why would they believe this line?”

Here are some specific elements that can help build credibility on the page – Credibility: 9 elements that help make your marketing claims more believable.

Dear MarketingSherpa: Thank you for the resources. I really appreciate this.

If there’s anything I can do for you, let me know.

You can follow Daniel Burstein, Senior Director, Content & Marketing, MarketingSherpa and MECLABS Institute, on Twitter @DanielBurstein.

You might also like…

MECLABS Institute Value Proposition Development on-demand certification course – Learn how to clearly communicate an effective value proposition based on a review of 1,100 academic articles and more than two decades of real-world experimentation

MarketingSherpa Quick Guide to Website Optimization PDF

Powerful Value Propositions: How to Optimize this Critical Marketing Element – and Lift Your Results (Value Proposition Archives)

Ask MarketingSherpa: Balancing search engine optimization, conversion optimization and conversation

December 12th, 2019

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in a one-to-one email communication, we occasionally publish edited excerpts of some of these conversations here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

 

Dear MarketingSherpa: My question is about balancing the SEO needs with the conversation needs, an issue when driving traffic through organic rankings.

I think the issue I am struggling with is “the thing that a customer might search for is not what they want to buy.”

I know how to rank any page for anything, and through your training, I am beginning to know how to think about a page that achieves its objectives.

I think what I am struggling with is balancing the two and deciding what keywords to optimize the home page for when trying to combine the two objectives, i.e., SEO optimization versus buyer optimization, and then you have to go through the stage of the buyer’s journey as the language they use will be different at each stage.

Regards,

Adrian Tatum
Director
Effective Business Growth

 

Dear Reader: Adrian, you have hit on a deep challenge that many marketers feel. Some marketers come at it from the opposite direction. They view SEO (search engine optimization) and conversion optimization as separate. And I think this is because of the “when you have a hammer, everything looks like a nail” effect. Too often we’re siloed within our own disciplines.

I’ve heard the theory that load time and various other SEO factors give you a better quality score and therefore must be the factors that improve conversion.

While decreasing page load time has been shown to increase conversion, a myopic focus on SEO factors can hurt conversation with your visitors on your webpages. For this reason, the factors that improve SEO are not necessarily the same factors that improve conversion. They aren’t diametrically opposed either, but they are not one and the same. In one instance, you’re optimizing for an algorithm. In the other, you’re optimizing for a human thought process.

The hammer-nail challenge faces many companies and agencies, and it’s probably a blind spot for all of us in some way. For example, a company can be so focused on SEM (search engine marketing) and traffic-driving that they overlook where they are sending that traffic. The same holds true for SEO. You don’t just want traffic, you want traffic that will take an action.

The companies we work with have come to the realization that SEO landing pages need conversion optimization, their bigger concern is they don’t want to make changes that improve conversion but then lose their traffic so they’ll ultimately be down overall. Google is the big scary wizard behind the curtain, and when a marketer has won it over, the last thing they want to do is lose that.

Essentially, you need to make conversion changes without losing SEO, add value without risking search rank.

Really, this isn’t just an SEO problem. This is the challenge of marketing as a whole. What customers need isn’t necessarily what customers think they need, what customers will actually buy isn’t always the same as what they search for.

Let’s use marketers as an example customer. A marketer may search for “how to increase email list size” or “how to increase sales” but the solution isn’t necessarily tied to an email product or a sales product. The real solution for them may be to improve the value proposition.

Here’s another example. I’m on the board for my Homeowner’s Association. We recently had an unlocked car broken into in our neighborhood. So I started searching for security cameras. Most of the websites had security cameras with similar functionality. However, one of them had this headline: “Don’t capture faces. Capture license plates. 70% of crime involves a vehicle. Police say a license plate is the best evidence to solve a crime.”

I wasn’t searching for a license plate reader. The thought hadn’t even crossed my mind. I was searching for a security camera, but I didn’t really want that either. I wanted a deterrent to crime, and I wanted a way to catch the perpetrators. A few of my neighbors had security cameras, and they were interesting because you could see the perpetrators in action. But then what? You still didn’t know who they were and didn’t have any evidence to help the police catch them and stop them from re-offending. So the license plate reader copy on that homepage tapped into my true pain point.

Adrian, you are savvier than many in that you understand this challenge. As Harvard professor Theodore Levitt has said, “People don’t want to buy a quarter-inch drill bit. They want a quarter-inch hole.”

Read more…

Ask MarketingSherpa: Maturity of conversion rate optimization (CRO) industry

September 6th, 2019

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in a one-to-one email communication, we occasionally publish edited excerpts of some of these conversations here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

 

 

Dear MarketingSherpa: Hi there Daniel,

I quite like the sequence you have built, it’s quite relevant and well refined.

With regards to the personal note, very well done. I am guessing you get a mixed bag from this one.

I would like to ask a question, in your opinion, where do you think CRO is in the adoption lifecycle?

As an industry/set of processes do you think it is still early days or are we nearing the end or somewhere in the middle?

From: Kaleb Ufton, Director of Technology and Digital Marketing Strategy, EKOH Marketing

 

MarketingSherpa responds: The sequence Kaleb is referring to is the welcome email drip sequence, which includes emails written with a direct and personal tone, that marketers receive after subscribing to the MarketingSherpa email newsletter.

But then he asks a thoughtful and provocative question about conversion rate optimization (CRO). If you’ve read previous Ask MarketingSherpa columns, you know they are usually how-to questions about topics like value proposition communication or finding clients.

Kaleb’s question is more challenging. It essentially requires the ability to predict the future. I needed a little help with this one.

Fortunately, I work every day with one of the pioneers of the conversion rate optimization industry—Flint McGlaughlin. So I walked down the hall to get his take on this question, and here’s what he had to say …

Moving away from just testing pages to testing for new products

I think CRO is in the advanced segment of the first stage and beginning to move into the second. I’ll explain:

When we began our research, no one had a conversion budget; there was no one to hire to do conversion work. There was no training available for conversion. Now companies everywhere hire conversion optimization experts and are testing, but they do it very poorly. Stage 1 has matured to the point where it has become a common practice, but the quality of the execution is definitely lacking.

Tests are often run with major validity errors that no one detects. The testing tools are still primitive, and the biggest problem in the industry is that people don’t know what to test. Having a tool doesn’t help you if you don’t know how to really use it. So I think we are in the advanced segment of Stage 1, and Stage 1 would represent the general adoption of conversion optimization. Clearly some industries are far, far beyond, but in general, things have advanced significantly.

Now, how far do we have to go?

We have a long way to go. Conversion as it relates to personalization is not even close to being executed properly. The next phase in conversion will come through the advanced development of existing technologies. AI (artificial intelligence) is making big promises but delivering far less in practice. There will come a time when it can do more.

In addition, conversion is moving away from just testing pages to testing for new products and also testing for entrepreneurial software rollouts (full stack testing). These are new fields with greater opportunity. I think there is a stage coming where the practice moves to new areas, and then there is a stage coming where technology makes new possibilities.

— Flint McGlaughlin, Managing Director and CEO, MECLABS Institute (parent organization of MarketingSherpa and MarketingExperiments), and author of the book The Marketer as Philosopher

Since this question requires essentially making a prediction, I wanted to leverage the wisdom of the crowds and get a few other opinions as well from your marketing peers and CRO practitioners. So here are some other thoughts on the state of the CRO industry …

Read more…

Ask MarketingSherpa: Finding and hiring content marketing writers

August 29th, 2019

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in a one-to-one email communication, we occasionally publish edited excerpts of some of these conversations here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

 

Dear MarketingSherpa: What factors should I consider when hiring a content marketing writer? Do you have any recommendations for content writing services or other ways of finding content marketing writers? We produce a lot of content internally but are aiming to scale by outsourcing. We’ve used a few providers in the past (freelance writers and an online writers’ marketplace, for example) and currently use a content writing agency, though I’d welcome any other suggestions.

 

Dear Reader: From our limited experience, there is no content writing service that is head and shoulders above the rest for every industry and topic area that we could recommend without reservations. It doesn’t mean they’re not out there, it just means we haven’t encountered them yet.

The best you can do is try them out and experiment to see what is the best fit for your unique company and industry. For example, you might commission ten articles from ten writers from three different services, and then narrow it down based on their ability and dependability. Obviously, it will be highly variable based on their pay rate.

Here are a few questions you might want to get aligned on internally when outsourcing content marketing writing:

What is your brand voice?

What type of content should your brand be producing and how should it sound?

Can the writer do interviews? Storytelling? Human interest stories? Profiles? Case studies? Entertaining writing? Humor? Technical writing? Work with busy executives? Are they fluent in your industry? Or do they focus just on basic factual information?

Some writers are more flexible than others and can do many things effectively. Others focus on a specific niche and can do an amazing technical white paper but couldn’t do a personality-driven piece well. You’re not just looking for general skills and dependability, you also need the right fit for your brand and value proposition.

How important is the human connection when customers consider purchasing from us?

Consider the importance of the human element when looking at the type of writing the writer does. The human element to content writing can be especially important if you have a services-based business. You need a writer who can interview your subject matter experts and clients well and tell that compelling human interest story, even when talking about basic industry information. With a services-based business, customers aren’t only looking for expertise but also are going to make a human connection with your consultants if they hire your business.

What level of expertise do customers expect from our brand?

One word of caution, for a website or product that requires a certain level of expertise, you may want to be careful about hiring the lower-cost SEO type of writers. I call their style of writing “book report writing” because it’s like a basic regurgitation about a topic, no real insights.

This may not be a good fit if people are buying your expertise, even when it’s just software and not an actual human interaction. The cheaper writers can be better for simple consumer goods products that rely less on an expertise sale, like headphones or mattresses.

You could even see which freelance writers are engaged in true journalism and take a brand journalism type of approach. You can learn more about brand journalism in this blog post (while this post discusses a direct hire, you could do the same with freelance).

Read more…

Ask MarketingSherpa: Value proposition layers versus communicating the value prop concisely

August 1st, 2019

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in a one-to-one email communication, we occasionally publish edited excerpts of some of them here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

 

Dear MarketingSherpa: Thanks for the great resources. I have been in touch in the hopes of getting some direct support around our value proposition.

We’ve taken insights from the Value Proposition course (and Flint’s new book) and redesigned our site (note, we haven’t yet implemented these new designs).

Is it common to present the value proposition in layers or should it be communicated more concisely? How early in the user journey should the value proposition be presented? Is it typically done on the homepage? Do you have examples of companies successfully implementing the value proposition in this way? How did they guide users through the value prop from the homepage?

Thanks so much for your insights!

 

Dear Reader: Thanks for your email, and glad to hear you’re working on getting some direct support.

I’m also glad to hear you’ve taken some insights from the value prop course and Marketer as Philosopher book for your site redesign. If you’d ever like to share some of that work publicly to help other marketers and product managers and get some recognition for you and your team, please let me know. Happy to consider it for a MarketingSherpa article. Here are some examples:

Read more…

Ask MarketingSherpa: How do small businesses find clients?

February 22nd, 2019

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in a one-to-one email communication, we occasionally publish edited excerpts of some of them here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

 

Dear MarketingSherpa:  I have a question for you. In this ever more increasing digital age — where pressing palms and getting face time is getting harder and harder. How do small businesses find clients?

I am a graphic designer/marketer whose business model is to contract with other small businesses. Much like a General Contractor hires subs when they build or remodel a house.

When I get together with other contractors in the marcom field (web designers, marketers, other designers, branding specialists, etc.) the first question is generally ‘So, how do you find new clients?” The answer is generally referral, but that only provides so much to the pipeline.

We don’t have trade shows where the public can come in and meet us and get to know what options they have in terms of marketing their small business (like a home and garden show where the public comes in and meets the companies that offer home improvement — and all the new tech that goes along with it).

Our local AAF chapter did one about 7 years ago. It was poorly attended and never repeated. I presented. It was a fabulous idea.

We don’t have a Marketing Channel where people ooh and ahh over the latest couple who comes into businesses and turns their branding around and makes it all shiny and new and hands them a marketing plan and clients ready to purchase.

Marketing is the slow burn and a mystery how some succeed and others don’t. People like Shark Tank because it’s a Cinderella story — where the prince bestows upon them the money they think they need to succeed. Success overnight!

Everyone thinks it’s social media — but really that’s just more ad buys. And it’s left to the algorithm to determine how successful you are.

So how do small businesses that are in service industries especially find new clients? Sure we all know to go where our audience is, but our audience/ideal clients are in front of their computers looking for their own ideal clients. Or on the job, or at shows selling their own goods. They don’t scroll Instagram looking for business advice. They aren’t on Facebook reading funny memes. Generally. I mean they are definitely on their phones though.

I’m interested to hear your thoughts on the matter. I mean even your own website when it gives examples, it’s usually really large companies with really large budgets and a full agency behind the A/B testing and research and metrics. Not really applicable on a smaller scale, in most instances. Even people that know they need to content market are buying their content, not generating it themselves or through an agency (buying it from a service that caters to their industry).

OK — thank you for listening, and we all await your response.  🙂

Thanks!

Deanna Taus
Owner
Full Circle Creative, LLC

 

Dear Reader:  Hi Deanna, Thanks for reaching out.

We get this question quite often from small businesses who are engaged in marketing.

Read more…

Ask MarketingSherpa: Internship for international student in the US

February 15th, 2019

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in one-to-one email communication, we occasionally publish edited excerpts of some of them here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

 

Dear MarketingSherpa: Hi, Daniel Burstein. I appreciate it that you are so warm-heart and nice to offer to help.

Currently, I am a graduate, major in Social Media and Mobile Marketing. I want to seek a Summer Intern in the field of Marketing or Digital Marketing, either full-time or part-time. I am an International student from China.

According to my current situation, do you have some advice to give me? When you are free, could you let me know your suggestions. I am so grateful to hear from you.

Regards,

 

Dear Reader: Congratulations on your academic achievements and thanks for writing. I assume you are looking for an internship here in the US?

I’ll be honest, the fact that you’re a non-native speaker could be a challenge.

So …

Read more…

Ask MarketingSherpa: How to get high-paying customers and clients

September 6th, 2018

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in a one-to-one email communication, we occasionally publish edited excerpts of some of them here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

Dear MarketingSherpa: I am so happy I came across your site. Just flipping through and reading this email alone convinced me I’ll learn a lot from you. I am also grateful for the high-value report, I have downloaded it and will schedule time to really consume it.

My current challenge in my business is how to package my services for high-profile clients and charge them the premium fees for what I am worth. My business suffers from [in]consistent cashflow and high-paying clients.

I appreciate your help in transforming my businesses to target the affluent.

Dear Reader: So glad you found it helpful. Here are a few pieces of advice to help you overcome your challenges. This is a very frustrating challenge I’ve heard expressed by business leaders and companies ranging from ecommerce sites to consulting firms.

To charge premium fees you must have a powerful and unique value proposition.

What you offer must be appealing, however, in your situation where you are able to sell the service but must sell it at a low price, the likely culprit is lack of exclusivity in your value proposition.

To illustrate the point, I worked with James White, Senior Designer, MECLABS Institute (parent research organization of MarketingSherpa), on the below visual. Let’s walk through it.

The letters in the equation-looking grouping in the upper right are from the MECLABS Net Value Force Heuristic, a thought tool based on almost 20 years of research to help you understand which elements to adjust to increase the force of a value proposition. As you can see, exclusivity isn’t the only element of a forceful value proposition.

To the left are products and services with a low level of value differentiation. And to the right are products with a high-level of value differentiation.

Read more…

Ask MarketingSherpa: Mapping the prospect conclusion funnel [includes free PDF example]

August 29th, 2018

We frequently receive questions from our email subscribers asking marketing advice. Instead of hiding those answers in a one-to-one email communication, we occasionally publish some of them here on the MarketingSherpa blog so they can help other readers as well. If you have any questions, let us know.

Dear MarketingSherpa: Hi Daniel, I’m following up on the conversation started on Twitter about your blog post. My questions are:

– What was the main realization that took you to write this article?

– Do you think that this works for businesses in any industry? For example, some businesses are mostly offline, is it wise to invest time in creating a funnel for those as well?

FYI, this is the article I’m talking about — Marketing 101: What is funnel creation?

Looking forward to hearing back from you.

Thanks.

Dear Reader: I wrote the article because I received questions following the publication of this article: Website Development: How a small natural foods CPG company increased revenue 18% with a site redesign

Yes, the funnel works for any fairly complex purchase. This was true before the internet. Think about buying a car before the internet. First you saw the ad. Then maybe you filled out a business reply (BRC) card. Got invited in for a test drive. Test drove cars at competitors. Get to price negotiations. Etc, etc.

The funnel is a human decision-making phenomenon

I’ll go a step further. The funnel works for any fairly complex human decision, not just purchases, and certainly not just online. For example, you don’t instantly decide someone you meet in college is going to be your best friend. There’s a process.

And that begins with exposure to that person in the first place. You made micro-decisions to attend the same club meeting that person did, you approached them after the meeting, you had a good conversation, you invited them to hang out with your buddies, your buddies liked that person (third-party verification), you hung out more and more, you confided trust in that person (form fill with annual revenue info), that person confided trust in you … 40 years down that funnel, your best friend is giving a toast at your daughter’s wedding (the final purchase).

In a vacuum, the funnel still exists

The reader asked if it is it wise to create a funnel. It’s important to note that the funnel exists whether you choose to actively manage it or not. Take the example above. Your best friend didn’t choose to create a funnel to end up giving a toast at your daughter’s wedding. There were a set of decisions that you naturally made to get to that point.

It’s the same with the buyer’s journey. If you’re selling a car, there are a series of decisions a buyer will make on the path to deciding whether to purchase that car, whether you’ve set up a funnel or not.

What you can do is try to discover what these paths to purchase are, and then how you can use your marketing, sales and other resources to help them make that decision.

Let’s look at an example where we map business activities in a funnel to a set of conclusions a prospect has to reach for a B2B services contract.

Prospect conclusion funnel example

[Click here for an instant, free download of a PDF version of the Prospect Conclusion Funnel Example]

Let’s break down the example.

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