Small businesses often struggle with online marketing because they expect instant results. They try a single Facebook ad or email coupon promotion and conclude that nothing works. Unfortunately, customers don't respond to just one online encounter. It takes a variety of multi-layered encounters to get them to choose your business. Successful online marketing for small business requires a focused concert of smaller efforts (such as Google ads, SEO, PR, and content generation) over an extended period to show results.
The 5 Pillars of Successful Online Marketing for Small Businesses
1. Commit to a Map of the Process
The bottom line is getting more customers. This requires several measurable steps that help us identify where those customers are, how many arrive at your website and/or door, and how many become customers. Experienced marketing teams will already have a general map in hand.
The work is in customizing it specifically for your prospective customers. The map explains each step of the process, the timeline and measurement standards for each step, and what the end results will look like.
2. Learn Where Customers Haven't Yet Found You
Every business knows its existing customers. But we're seeking new customers who have yet to discover us. One of the glories of online marketing is that these customers are already searching for our products/services.
We just need to figure out how they're searching so we can be the results. Google, Facebook, Instagram, and other online platforms allow us to see these searches. A marketing data expert helps turn this data into language we can use to guide our efforts.
3. Engage On Multiple Layers
The online world is massive and prospective customers are scattered all over the place. Are they searching Google? What news sources do they read? What about YouTube, Facebook, Instagram, Twitter, or discussion groups like Reddit?
Our data from step #2 helps point us to where/how they are interacting online. From this, we determine which platforms we should invest in. We now know what we need to say and where we need to say it. This also dictates our campaign's timeline.
4. Make Sure to Turn Visits into Purchases
A campaign is not successful if it just brings prospects to your door. They only become customers when they purchase something. An experienced online marketing team will analyze the prospective customer's journey to the purchase point.
Considerations include: Where did prospective customers come from (Google? News article? Email newsletter?)? How did they travel through and exit your website? Did they try to contact you (and how)? This insight helps your business improve its ability to convert prospects into customers.
5. Reiterate, Reiterate, Reiterate
You have likely noticed our emphasis on effective campaigns taking time. Essentially, engaging prospective customers at multiple online touchpoints is a form of relationship-building. It builds familiarity and interest so that they decide to visit you when they need your business.
Once you achieve success with your campaign, it is time to refine and repeat these efforts to build on your initial success. It's time to revisit your original online marketing map to draft the next, improved one.
Though online marketing rarely brings instant results, it can produce steady results. The key is building a structured, multi-layered effort that meets customers where they are, and then builds the relationships that lead to purchase. All it takes is a commitment and a little time. If you would like to see what the full map looks like, contact Go Lead Consulting today.
What the New NIL Rules Mean For Your Business, And how to make NCAA athletes part of your next marketing campaign
And just like that...everything has changed.
As of July 8, college athletes are free to partner with businesses who want to use their name and image to promote their product.
If you’re a small business owner, whether you follow college sports or not, this sudden change represents a whole host of opportunities if you’re wise enough to grab hold of them.
This new open field of sports sponsorship is quickly becoming competitive with the top athletes already signing on new sponsorships with hefty rates. Smaller companies will need to be strategic about where to spend and how to create relationships that extend beyond direct sponsorship dollars. Here’s how you can nurture relationships with college athletes to reap the full benefits of the recent change in NIL rules.
Provide a Great Product or Service
Yes, this might seem obvious. But the truth is, if you have been consistently providing a great product or service, student athletes in your town probably know about you already. Be the restaurant where college students love to hang out after a game. Stock the athletic gear that they need in your store. Provide delivery services to the campus. Any one of these simple commitments can make you a household name among local college students, greatly enhancing the likelihood that your favorite student athlete already knows who you are, and would be proud to act as a spokesperson.
Use Social Media
It’s common for popular student athletes to have thousands of social media followers. Once you secure their support, their brand becomes your brand. In other words, all those thousands of followers may also become yours, if you play your cards. So it’s to your advantage to begin interacting with fans via Twitter, Instagram, and LinkedIn. Follow student athletes and interact positively with fans. And make sure you are posting regularly about all the great things your business is doing.
Volunteer at Sporting Events
There’s no better way to become known to athletes in your region than by volunteering your time at college sporting events. Whether it’s providing hydration, making them a free pizza dinner post-game, or just cheering from the stands, becoming a presence at these events is a great way for college athletes to get to know you, and the first step in building a relationship with them.
Keep the Focus on What They Want
It’s easy to fall into the trap of immediately “selling yourself.” But this isn’t about you. Instead, it’s important to focus on young athletes and what they want or need. Many of them want to make a difference in the world. They would also be delighted with free access to things they love like food or gear. Take time to get to know local heroes and find out what could make their world better. Then...offer it to them.
Focus On Building the Relationship
Ultimately, a partnership with a college athlete will be a mutually beneficial relationship, built on mutual trust. Get to know college athletes in your region, and allow them to know you. Understand each other’s needs. Once the trust and the relationship are there, everything else will just fall into place.
A few years back, I worked as a subcontractor for a marketing firm in California that served a number of home services companies including tiling and flooring, HVAC, pool installation, landscapers, and roofing contractors.
While their initial request was to attain PR for the goal of converting customers, we found that PR was not very effective and had a very poor return on investment for what they spent to get it, so we looked to other options for building their online presence including social media, blogging, and SEO.
After about 3 months on a course-corrected path, we learned that the most impactful processes for two of the clients we were working with began to materialize and SEO was topping the list. Aside from asking a friend or checking Home Advisor, businesses in this category are the most likely benefactors of individuals who search for solutions amidst an idea storm or a really big problem.
They might be looking at HGTV and decide they want to get a few quotes, or they may have a leak or major issue that needs immediate resolution and can't wait for their neighbor to pass a business card. These are customers that are on their investigation journey and ready to talk with a service professional.
Capturing these leads on a buying path means having a solid process that's designed specifically for them. The top factors include:
Other factors that are essential to your process include:
What should I budget for digital marketing?
Your marketing should be a portion of the long-term value of each customer. For example, if one customer usually ends up working with you 2x and each service averages $2,500, your customer lifetime value is $5,000 each. Your marketing should be a portion of that value that leaves you with a comfortable profit after expenses.
So for example, you spend $2,000 per month on marketing and generally land 5 customers per month from your conversions. Those 5 converted customers represent $25,000 of revenue for the company, which means your marketing budget was about 8% of revenue.
The goal of your marketing should be to acquire customers at an expense ratio that still leaves you with a strong margin for profitability. While it may take some experimentation at first to get the right marketing mix for you, the power of turning your online brand into a repeatable process is well worth the strategic work it takes to develop.
I remember the old days of PR.
When I wanted to reach out to the press to share an announcement, I'd run and grab the official company letterhead, print a well-written document explaining the news, and fax it over the newspaper to consider for their next edition. Then I'd wait for the paper to arrive and read it cover to cover to see if it was picked up or not.
We're clearly in a very different world today, and the ease of putting out press stories means the news is now inundated with press releases that didn't need to go through painstaking hours of work to release. There are literally thousands of news stories placed daily onto the newswires, which are emailed to news stations, newspapers, and directly to reporters. Further, the abundance of ways to get direct journalist email addresses means many people skip the wires and simply email them directly with news any time of day.
So what does this mean for press releases?
This means the likelihood of your release being read depends on catching the right person at the right moment with the right story.
More than likely, no one will ever read your press release.
So what's the point anymore?
Press releases are still relevant for large public companies that are required to send out financial information or disclose major business decisions; they are also relevant for major brands that people are waiting to hear from such as Amazon, Google, Apple, Tesla and Facebook.
For small to mid-sized companies things work a bit differently.
Smaller companies can use press releases for a few main reasons.
If you want to try to reach the news, what should you do?
The best way to reach the news for potential features is to send a quick pitch and link them to your press release for more info. Here's an example.
Subject: 60+ grandpa bikes 20 miles a day with toddler
Why does this pitch work?
The goal is to find the right person at the news station to send your pitch to, or you can make it general and talk to the admin who filters stories and distributes them to producers by sending it through the website contact form.
So, the idea is to send quick, snippy paragraphs that sell stories to the news that are digestible and catch their attention.
What other factors should you consider?
A recent example:
I recently provided a press release distribution to a cyber-security company. They had been covered in news previously and were announcing an acquisition in the midst of a pandemic where meeting in person had been difficult due to local health rules. The acquisition was done 100% remotely and created one of the largest MSP providers in the state they operate in. That's big news, and super-timely.
Rather than submit the release publicly on a wire, we sent it directly to the local business news publications during a series of days in the order of importance to the local market.
News, at its most basic level, is simply a way for people to find out what's going on. With that being our agreed definition, approaching news pitching at its core is simply telling the news what's going on, so they can decide what happenings are most worth telling their audience about.
The difficulty is that in larger markets, or national news covering the entire US and world, there's a lot of stories to tell and just a few people who are responsible for deciding which stories are most relevant. Your job as the storyteller is to explain in one quick glance why your story deserves to supercede the others in the lineup for space in their media network.
The first story I ever pitched was the announcement of a local contest being hosted by a nonprofit organization. That organization bought a home, renovated it, and donated the home to a local hero. The program garnered over $20,000 in cash sponsorship, numerous donated construction team hours, and cost about $45,000 to buy the house and bring it to code.
My job was to pitch that idea to a radio station host that our company CEO listened to, so that he would be interested in being part of the selection process and to talk about the contest the entire way through, announcing the winner on air and on television as he was also a TV reporter.
What made it newsworthy:
Because of these elements, the radio host accepted the offer and was part of the program from beginning to end.
Once the initial program was over, the next part of the project was to promote the awarding ceremony. The company hosts an annual Christmas Party with top business leaders and dignitaries on the invite list. This year, we also invited the winning family and celebrated the contractors who donated their hours to complete the home renovations.
What made it newsworthy:
These pitch elements drove interest from the local TV news and two cameramen arrived prior to the ceremony to film it and record an interview with the city leaders present.
The key to getting press for an event is in finding all of the most relevant elements surrounding the programming. What makes it locally relevant? What makes people care about this more than other things happening at the same time? What part of the daily news lineup does it fit into? Which producer or writer will care most and why? Knowing the answers to these questions will make the difference between being ignored and getting featured.
When possible, inviting and confirming local leaders that are pressworthy on their own is a great way to solidify newsworthiness and get journalists to show up.
Lastly, it's all about timing. There are things you cannot control and much of PR is about being in the right place, with the right story, at the right time. Don't take rejection personal and always be prepared to keep trying with other news opportunities along the way.