10 Tips on Successful B2B Small Business Marketing. Optimax July

Transcription

1 10 Tips on Successful B2B Small Business Marketing Optimax July

2 CONTENTS Introduction 3 Keep It Relevant 3 Remember that Less Is Definitely More 3 Consider Frequency and Timing 4 For Subject Lines, Think Headline News 5 Take Time for Text 5 Automate, Schedule and Go Mobile 6 Get Social 6 Test 7 Understand Your Return on Investment (ROI) 7 Cleanse 8 About Us 8 2

3 Introduction Are your marketing campaigns leaving cash on the table? marketing is one of the most cost-effective and therefore profitable online marketing solutions available to today s small business. Its simplicity and speed, combined with its low cost and transparent, easy-to-understand reporting, make it a popular driver of business for companies and organisations of all sizes. Despite this, many marketers fail to maximise on their potential from marketing. Could your marketing campaigns be more effective? Would you benefit from a quick review of marketing best practices? Are you making common marketing mistakes that reduce the success of your campaigns? At OPTIMAX we believe that successful marketing starts with 10 easy-to-follow tips that help you maximise your results while avoiding those silly mistakes that damage your reputation and eat into your profits. 1. Keep It Relevant When individuals give you permission to add them to your list, they do so with the understanding that they will receive relevant marketing messages based on their previous interactions with you (e.g., a purchase, request for information, or subscription). It is imperative that you get to know your subscribers and tailor your messages to their individual needs. Irrelevant and therefore unwanted s will damage your reputation, reduce open rates, and potentially drive recipients to unsubscribe or, worse still, mark your campaigns as spam. Example: A fashion retailer selling men s, women s, and children s apparel will want to segment its marketing lists according to previous purchase patterns. There is little point in sending an campaign featuring summer dresses or ladies shoes to a customer who has previously bought only men s fashion. The campaign wouldn t be relevant to the recipient and has the potential to confuse or dilute the impact of future campaigns. However, as your customers may occasionally wish to buy clothing for someone else (perhaps a family member as a gift), it may be possible to feature alternative product ranges as secondary calls to action (i.e., not the main subject of the ). In such cases, you should monitor which subscribers click on these secondary links, add them to an additional targeted subscription list, and send them relevant campaigns in the future. 2. Remember that Less Is Definitely More marketing campaigns are best kept short and to the point. You should try to keep any scrolling to a minimum and, through the use of clear calls to action (e.g., Buy Now or Learn More), direct recipients to your website as quickly and efficiently as possible. 3

4 Compared to the limited functionality or control in the environment, a website visit will better enable you to track a customer s journey across your products or services, capture more detailed data, and carefully guide or influence potential conversions, such as sales or lead-generating opportunities. Keep in mind, however, that the concept of stickiness (i.e., the length of time a user stays on a website) does not apply to your marketing. Optimising your website landing page (i.e., the page your subscribers arrive on after clicking on your campaign) by stripping out unnecessary links and navigation will help increase conversions. Try This: Select just one offer per campaign, and segment your list accordingly. If you have a range of complementary products, focus on a top product, and add simple links or thumbnail images to promote the additional items. If you have segmented your lists and made the effort to tailor your campaigns to your recipients needs, you will be rewarded with improved open and clickthrough rates as well as conversions. Example: Think about your campaigns in the same way you would a menu in a restaurant. If there are too many dishes to choose from, nothing looks appetising. The best restaurants understand this. By limiting their menus to a few choice selections, restaurants help their customers make well-informed, quick decisions while also serving them more efficiently and profitably. Similarly, your marketing campaigns should include clear calls to action and should get straight to the point. 3. Consider Frequency and Timing Now that you ve made your campaigns more relevant and segmented your lists accordingly, it s time to look at the frequency and timing of your s. The relevancy of your campaigns will nearly always be more important than the number of messages you send. A single ill-thought-out monthly newsletter, which offers little value to the recipient, will be less welcome than a more frequent series of targeted, relevant, and actionable s. The optimum delivery time will vary depending on your target audience. For example, an targeting a potential business client will best be delivered during working hours, while an targeting a young mother may return more positive results if delivered later in the evening (once the kids are in bed). Businesses targeting an international audience may also find more success by segmenting and timing their campaigns by geography. Testing will help you optimise your timing and frequency strategies in terms of engagement, unsubscribe requests, and return on investment. Remember: Your subscribers are highly unlikely to be sitting at home waiting for your marketing messages to arrive in their inboxes. Their concern is not when or how often they receive a message from you. All they care about is how relevant your message is to them and if it offers them the perception of value (which could be a piece of actionable insight or just a great deal). 4

5 4. For Subject Lines, Think Headline News Your subject line is your first line of defence between your subscribers and the delete button. It should scream benefits. Think of it in the same way as a newspaper editor does a headline. Your subject line should tell the full story and entice the subscriber to read more. Because of this, you should give your subject line as much thought (if not more) than your body text. Consider: Your subject line has the power to influence your subscribers even if they have not opened your . People are busy and, even if they want to, may not have the opportunity to open every you send. A good subject line will resonate with your audience and may act as a reminder to visit your website at a future point in time. Optimise: Instead of guessing what your subscribers are interested in, why not use Google s Keyword Tool ( to optimise your headlines and content? For example, a toy retailer who enters the word Lego into the Google Keyword Tool will quickly discover that people may be more interested in Star Wars Lego than Harry Potter Lego. This should mean a Star Wars Lego - themed will offer a greater return than one featuring the boy wizard. Technology- it s magic! 5. Take Time for Text Make good use of real text (not graphics) at the top of your . A graphic-heavy will appear blank until the subscriber has selected to download the graphics. Real text in the message will remain visible even in HTML s and will entice subscribers to open the complete . As noted in Tip 2 above, your body text should be both concise and informative, telling the complete story as quickly as possible. Use good calls to action (e.g., Buy Now or Learn More) to drive traffic to your website with the promise of more detailed information. Try: Experiment with text-only HTML s, because marketing software cannot deliver open and clickthrough data for plain-text s. So create s using HTML (but with no graphics). A simple text-based, personalised (i.e., featuring the recipient s name) may appear less like a blatant commercial message and therefore may be more compelling. Best Practice: Always have a colleague or friend look over your text before you send it. Nothing will turn your subscribers off more quickly than a spelling mistake. Remember, even the most highly respected journalists and authors have colleagues review and edit their work prior to publication. It is highly likely you will not notice your own mistakes. However, do not involve too many people in the editing process. As a marketer, you want only to capture mistakes, not solicit opinions from multiple stakeholders on your promotions, content, or style - this will only delay your campaigns from going out. 5

6 6. Automate, Schedule and Go Mobile marketing shouldn t tie you to your desk. Use your marketing software to automate and schedule campaigns to reach your lists at a time that best suits your subscribers. You can also use auto responders to set up a series of s that roll out over a specified period of time following an event (such as a subscriber joining a list). Autoresponders are ideal for delivering detailed content, such as educational or thought-leadership programmes, in bite-size chunks. Think Global: Segmenting your list by geographic location will help you optimise your open and clickthrough rates by ensuring you are delivering your messages at the optimum time of the day. An sent at 12:00 pm GMT Time will arrive in New York at 7am, Los Angeles 4am and in the late in the evening in Australia. Although these out-of-hours s will sit happily in recipients inboxes, the chance of busy individuals opening them the following working day is diminished. Go Mobile: As well as letting you manage and monitor your marketing campaigns on the go, mobile devices such as the ipad, iphone, and Android phones and tablets - can help you build your list while you are on the move. An subscription form on a mobile-enabled website will be particularly useful when you are attending networking events and tradeshows, and can also help you collect contact details in traditional retail settings. Entering new subscribers at the point of contact will help you quickly grow your list, reduce your reliance on collecting business cards, and free you from the burden of manually entering contact details into your database once back at your desk. 7. Get Social To encourage your subscribers to socialise your content and to share your marketing messages via their social networks, add social media sharing buttons to your s and landing pages. It is also a good idea to publish your campaigns directly to your own social networks. Cross-Pollinate: Use social media to fill the gaps between your marketing campaigns. Social media provides a great platform to stay engaged with your friends and followers. It does not, however, provide a great sales venue: leave this for the more formal environment of . In an ideal world, your social media followers will also be your subscribers and vice versa. Use your and social media campaigns to drive both subscriptions and social media engagement, and you ll have two bites of the cherry at keeping your customers and prospects engaged with your brand. Think Big: The average Facebook user has around 230 social media connections. Because birds of a feather flock together, it is highly likely that your subscribers and social media followers will share a potential interest in your company with a number of their friends. This means a socially shared has the potential to reach many more people than the size of your list would normally permit. Thanks to social media, marketing has evolved from a retention tool (as it was traditionally positioned) into something of an acquisition tool. 6

7 8. Test You may already consider your marketing to be successful, but that doesn t mean it couldn t be better. Take time to split test your subject lines, designs, body text, frequency, time of send, etc. Split testing does not have to be complicated. Create two different s, and send one to 10% of your list and the other to a second 10%. Monitor the response, and send the most successful to the remaining 80% of your list. Important: Only test one component of your campaign (e.g., subject line or time of day) per test, and make a note of your findings, so you can incorporate them into future campaigns. Remember, there are no bad ideas (but some ideas are better than others). You will learn which ideas work best by testing. Testing Checklist: If you are struggling to come up with ideas for split testing, use the following checklist: Subject Line: Test different versions, action words, % vs. savings, etc. Content: Test text-to-image ratio, button text and colour, column placement or width, shorter/longer content, or text/image size. Also, try changing the call to action, but keep it in the same place so that the test is valid. From Name: Try testing different from names. Clickable Areas: Try different size images, buttons, and links. Layout: Test the number of columns, image position, and pre-header. Time: Test the time and day. 9. Understand Your Return on Investment (ROI) It might sound crazy, but many marketers just don t understand how to calculate the ROI from their marketing campaigns. This lack of understanding, combined with unfocused, irrelevant, and badly timed campaigns, can often leave a bad taste in marketers mouths and lead them to believe that marketing doesn t yield the kind of results they were expecting. However, targeted, relevant, and well-timed campaigns have the potential to exceed expectations. Remember: There is no such thing as cheap or expensive marketing. There is only marketing that works and marketing that doesn t. Free online tools like Google Analytics can help you understand your ROI from all online marketing activity as well as help you optimise your campaigns and website to deliver more positive results. Without this insight, your marketing campaigns may be based more on luck rather than a concrete strategy. Compare and Contrast: Analyse the ROI from your marketing, and compare and contrast it with your other online marketing channels (including paid search, comparison shopping, and online marketplaces such as ebay and Amazon). This should tell you how much more profitable it is to retain existing clients via than acquire new ones from other channels. Remember, if you are driving repeat business from an acquisition channel such as paid search, you are paying the same 7

8 high rates every time you re-acquire that same customer. Calculate how much you can afford to spend on acquiring new customers and then get more strategic in your approach to marketing. 10. Cleanse Take the time to cut the deadwood from your list. Remove bounced addresses and names that haven t opened any of your s over a significant period of time. Remember, you are paying to target a list of people who want to receive your s. Old, dead, and stale addresses are expensive and can damage your reputation. Re-engage: Take time to understand why subscribers are not opening their s. Could you target them better? Could a change in frequency improve your open rates? Are your subject lines compelling enough? Before you remove inactive subscribers, try to re-engage them by asking them if they are still interested in receiving your messages or how you can deliver more relevant content that matches their needs. Rules of Repetition: Remember that just because an isn t opened doesn t mean that it is not effective. For example, a family might be in the market for a summer holiday only once a year. The fact that they see an from a travel agent in their inbox every few weeks will remind them to think of that travel agency when they next come to organise their holiday or business trip. This is why it is so important to invest time in writing informative, engaging subject lines that tell the full story. About US We at Optimax do what we preach to get you to converse with us and hopefully become a client. Our Perfect Lifestyle Customer Lifestyle is no different from yours. So we can show you how successful you can be by following tips like the ones in this ebook. We are an Inbound Marketing Agency based in the UK that mainly works with B2B clients and SMEs. Our aim is to provide high quality online marketing consultancy and automation to allow these types of companies to perform to the level of the major companies. If you would like more information how we can help you then ask for a FREE consultation via our website 8