Archive

Author Archive

What do you lead with? (MarketingSherpa Podcast Episode #4)

February 12th, 2019
Share

What is an impactful way to increase conversion?

Or …

How do you grab your customer’s attention?

See, I could have led with either statement. Both statements describe our conversation in the latest MarketingSherpa podcast. But my hypothesis was that the first statement would grab your attention more.

Customer attention is a scarce resource. There is only space for one headline in the print ad, only a set amount of characters in a paid search ad, only six seconds that will be the opening six seconds of your TV commercial. And yet, your product likely has many value attributes.

So what do you lead with? To elucidate (and other fancy words) yourself on this subject, you can listen to this episode below in whichever way is most convenient for you — or click the orange “Subscribe” button to get every episode.

 

 

More About Episode #4 — Value sequencing

The initial question of the podcast leads to a bigger topic — value sequencing.

What do customers need to know? And when do they need to know it during the buyer’s journey? In addition, which customers need to know which things about your product?

This is true for their entire macro-journey with your brand but equally important at the micro-level within each customer interaction. For a landing page or an email, what do they need to know in the beginning, middle and end?

These are topics Austin and I dove into. Here are the show notes from this episode:

Read more…

Marketing 101: What are ad blockers?

February 8th, 2019
Share

Marketing has a language all its own. This is our latest in a series of posts aimed at helping new marketers learn that language. What term do you find yourself explaining most often to new hires during onboarding? Let us know.

Ad blockers are software that, as the name suggests, allow web users to block the ads on websites. Ad-blocking software (also known as ad filtering) can take different forms — from a web browser extension or plugin like AdBlock Plus to a standalone browser like Brave.

According to MarketingSherpa research, the top reason American consumers block online ads is because “I dislike large ads that pop up over the entire webpage,” followed closely by “Ads make the webpages load too slow” and “Rollover ads are intrusive.”

While ad blockers have gotten more attention lately, they are not new. For example, MarketingSherpa published a story on them back in 2001 — Should Publishers Worry About Ad Blocking Software? SaveTheFreeWeb.com’s Bill Dimm Explains Reality.

Ad blockers have been a difficult phenomenon to deal with for publishers.

For publishers, ad blockers threaten to steal advertising revenue. Some online publishers have adapted by either forcing visitors to allow ads or pay for a subscription to see their content. Here is an example from WIRED magazine.

ad blocker notice Wired mag

Read more…

Value Proposition: Before you express the value, you have to deeply understand the value (MarketingSherpa Podcast Episode #3)

January 29th, 2019
Share

You think your product is great. Your service is top-notch. And personally, I have no reason to doubt you.

Your ideal customer, on the other hand … let’s face it, they don’t live in the four walls of your office. They aren’t thinking about your product every moment of every day like you are. They — and I hope this doesn’t sound harsh — really don’t care.

This disconnect is normal, of course. But here’s where you’ll get in trouble.

The next time you hire an advertising agency to create a campaign, when you redesign your website, when you launch a product — if you use that same insider thinking, you will undercut your marketing investments. Because those advertising and marketing creatives need to be armed with an essential reason why the ideal customer should buy your product.

Without that core reason — that marketing creativity isn’t being put to its most effective use. Just like a painting without a viewpoint isn’t really art, it’s just nice colors on a canvas.

Without that core reason, all you get is “we’re the bestest, greatest, amazingest [product type] you’ve ever seen.” You can buy all the media you want and blast that message out into the world but really … c’mon … how many customers will truly believe it?

Your product needs a value proposition. In our latest podcast, Austin McCraw and I have a robust yet light-hearted conversation about pitfalls marketers can get into when crafting their value prop. You can listen to this episode below in whichever way is most convenient for you or click the orange “Subscribe” button to get every episode.

 

 

More about episode #3 — consider the competition

A value proposition created in a vacuum is no value proposition at all.

And this is what makes crafting a value prop so difficult. You’ve got to take a good, hard look at what other options your customers have. Even when it isn’t direct competition. For example, customers taking a short trip aren’t only considering which airline is best, they are considering if they should drive instead. Or take a train. Or perhaps not go at all.

Read more…

Marketing 101: What is a mobile breakpoint?

January 18th, 2019
Share

Marketing has a language all its own. This is our latest in a series of posts aimed at helping new marketers learn that language. What term do you find yourself explaining most often to new hires during onboarding? Let us know.

In responsive design, a breakpoint is where the layout of the webpage changes based on the size of the device. Mobile breakpoints are the sizes for mobile devices.

For example, a responsive design may have three sizes — desktop, tablet, smartphone. In that case, the mobile breakpoints would be the tablet and smartphone size. Here is a GIF created by MECLABS Institute Senior Designer/Web Specialist Charlie Moore that shows a website with three breakpoints.


Choosing breakpoints

You can choose which and how many breakpoints your website has. For example, instead of just the three referenced breakpoints mentioned above, you can add in a fourth breakpoint for small laptops.

Read more…

Mobile: Device or segment? (MarketingSherpa Podcast Episode #2)

January 7th, 2019
Share

You might be reading this blog post on a smartphone. Or perhaps you’re about to listen to this podcast on your phone. Because mobile has taken over. We have all become cyborgs now — part human, part machine.

Don’t believe me? Just trying going without your phone for 24 hours. Go ahead, I dare you.

As a marketer, these societal changes should spark some curiosity questions. How do these customer behavior changes help you help the customer make the best decisions? How can you better serve customers on mobile devices and increase marketing performance?

And really, what is mobile anyway? Is it a device — just the same people we’re trying to reach on the desktop but with less screen space? Or is it a segment — people’s behaviors (and perhaps even the people) are so different when they’re on a smartphone that we need to approach them in an entirely different way.

We cover this topic in MarketingSherpa Podcast Episode #2. You can listen to this episode below in whichever way is most convenient for you or click the orange “Subscribe” button to get every episode sent right to, let’s face it, your phone.

 

 

More about episode #2 – You must consider the human behind the device

Mobile marketing is a hot topic, but don’t just think about it in terms of technology. Or usability.

As with any other human communication mechanism — from the caveman grunt to the printing press to the secret handshake to the telegraph, radio, email, you name it — using the mechanism correctly is just table stakes. It’s all in the nuance of how you use it.

Read more…

MarketingSherpa Podcast Episode #1: The role of the human connection in your marketing

December 6th, 2018
Share

Marketing and technology go hand-in-hand these days. And the addition of technology has created some incredibly powerful abilities for marketers.

But…

We’re still just human beings trying to get a message out to other human beings.

So what role should that human connection play in your marketing? It’s a topic we cover in MarketingSherpa Podcast Episode #1 — you can listen to below in whichever way is most convenient for you or click the orange subscribe button to get every episode.

 

 

Welcome to the new MarketingSherpa podcast

I can’t say this is the first MarketingSherpa podcast. Long-time readers know that MarketingSherpa has been publishing and producing helpful content since the early days of marketing and has had a podcast before. In fact, MarketingSherpa has written about marketing for so long that our first article about podcasting was published three months before Apple added formal support for podcasts in iTunes (If you’re curious, see Integrated Ad Campaign Results – Podcast + Avatar Banners + NYC Bar Coasters published on March 22, 2005).

But this new iteration of the MarketingSherpa podcast is our latest attempt to provide you the insights and information to help you do your job better. Plus, we attempted to make this a fun and lively discussion.

We’re not sure if we’re going to do a podcast long-term, but we figured it was worth a 90-day experiment (so if you have any feedback, please let us know).

A little insight into our thinking

Since you’re marketers as well, we thought you might be interested in some of our thinking behind the reason we are deciding to experiment with this format for our audience.

When deciding what channels to embrace, it is important to understand if your ideal customer is there and using it already. It’s all too easy to follow the hype. After all, even if a channel is “free” like social media or podcasting because it doesn’t require an immediate monetary outlay, nothing is ever truly free. As MECLABS Institute Managing Director and CEO Flint McGlaughlin said in a recent MarketingSherpa blog post, Burn your “also(s).”  Every new channel you invest in, every new social media account you open, every new content type you create diverts your team’s limited time and attention from something else. (That’s why we’re launching this 90-day experiment to gauge if the podcast is a worthwhile investment of our time and attention long term).

In MarketingSherpa’s case, we have a business audience (marketers), and the data says that a large group of business people listen to podcasts. Most notably, 44% of business people in a senior role who know what a podcast is are listening to podcasts, according to LinkedIn data published on MarketingCharts.com (only 8% of respondents didn’t know what a podcast is, so this constitutes a lot of senior role department heads, VPs, owners and C-suite execs listening to podcasts).

 

 

Because our audience is professional marketers, they tend to like visiting our website from the workplace. In fact, looking at our website analytics reminds me of the gently rolling waves of Jacksonville Beach (which is where I prefer to spend my weekends rather than reading marketing content online, so I can’t blame you for reading more during the week). Look at the clear dips in pageviews on the weekend.

 

Read more…

The Marketing Thank You Box: 12 reasons modern marketers can be thankful

November 15th, 2018
Share

I hate to admit it. But as I’ve advanced in my career, I’ve become a little cranky.

Sometimes I can be like a marketing version of Grandpa on “The Simpsons” — “I remember when everything was print so there were real deadlines, not like a landing page which you have to constantly optimize. And we’d write ads for The Wall Street Journal, not for phones. Phones were actually for making phone calls. And another thing …”

But when I look outside my office this month, I see the Thank You Box.

It’s an effort to show appreciation for others in the office here at MECLABS Institute. Simply write a note about why you’re thankful for someone.

So, in this month of gratitude, here are 12 elements of modern marketing I’m thankful for:

This is customer intelligence we learn from. These are email subscribers we can help. There are even people who reply to inquire about services from MarketingSherpa’s parent research organization, MECLABS Institute. And we even get nice replies, like this …

“I love your stuff. I share it with my small business clients.”

I’m thankful for those notes. Numbers matter. But hearing from humans you’re serving is especially fulfilling.

  • Digital A/B testing — Sure, you could test with direct mail as well. But not this cheaply. And not this quickly. It’s a great way to learn from your customers’ behavior.
  • Content marketing — Another tactic that didn’t start with the invention of the internet. But it sure has exploded with the growth of digital — from blogs to videos to push-button publishing — partly thanks to the power of social media and organic search. No longer does marketing only have to be an “ask.” Now it can also be a “give.” A very effective tactic.

  • The “Referrals” tab on Google Analytics — I love to see who thinks our content is valuable enough to send us traffic.
  • LinkedIn and Twitter — A great way to interact with and learn from other marketers I’ve never met. Especially helpful for an introvert like me.
  • Read more…

How to Structure a Story in a Presentation

September 12th, 2018
Share

A MECLABS Institute Research Partner was putting together a major presentation and recently reached out for thoughts on how to structure it. As with conversion and many other areas of marketing, MECLABS (the parent research organization of MarketingSherpa) has a specific framework for crafting engaging presentations.

Using a trusted framework can help, because public speaking — whether on webinars, in-person at conferences, to prospects on a sales call, or in an internal meeting — does not come naturally to many people. In fact, public speaking is often ranked as a more common fear than death in national surveys, prompting Jerry Seinfeld to remark, “In other words, at a funeral, the average person would rather be in the casket than giving the eulogy.”

How morose. But it points out the need to support whoever in your company is speaking on behalf of your brand — sales reps, subject matter experts, C-level execs, even yourself — with a well-crafted presentation that helps them engage and convert the audience. You want to leverage the power of story and not rely on their speaking abilities alone.

The fundamental marketing challenge behind every presentation

Since presentations are communication and a representation of the brand, they are inherently a marketing challenge.

And like any marketing challenge, the goal is to make sure the value delivered outweighs the cost to the potential customer.

This is true for any call-to-action you have in the presentation, for example, moving to the next step in the sales process for a sales presentation or visiting a website for a presentation at a conference.

However, it’s even true for just getting your audience to pay attention to you. Let’s be real, it is very difficult to pay attention to anything for an extended time in 2018. If the value isn’t higher than the cost of avoiding email or putting down their phone or leaving the webinar or simply zoning out, you will lose them.

Read more…

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

September 6th, 2018
Share

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
Share

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.

Read more…