When You Should Change Your Digital Marketing Strategy

Digital Marketing is continually evolving and this may seem unsettling at times. Strategies that were working in past, might not be effective in the present. Do you know why many businesses fail to get ahead of their competitors? It’s simply because they are not willing to adapt to the ever-changing world of digital media. But, the great thing about a digital marketing strategy is that you can change them on the fly in response to real-time results and analytics data. While this may seem tricky as if you change things too quickly, you may not be able to find if your strategy worked for long-term. But if you wait for a long time, you are likely to waste your two valuable resources: time and money.

With that said, how do you know when its the right time to change your Digital Marketing strategy? To help you keep up with the fast-paced industry, I’ve created this post to help you know when to change your digital marketing strategy.

Below are the 5 signs to help you decide when to quit your existing strategy.

1. Focusing on low-value metrics

If you’re concentrating on low-value metrics like impressions and clicks, you may be missing out because impressions and clicks only let you know about your marketing visibility. And not the real accuracy of your strategies.

2. Only focusing on your brand not on audience needs

Every marketer wants to spread their brand name but you should not overdo by pasting your brand name all over everything. In fact, make your content educational that focus on your audience problems and needs. This would really help you in targeting buyers in initial stages of the buyer’s journey.

3. Over usage of keywords

Although, it’s required to place keywords in your content, Google’s priority always lies in providing reach user experience and relevancy of content. Google has nothing to do with how many times your site shows the keyword like “Digital Marketing Strategy.”

4. Don’t rely on your instinct

Your prior experience is certainly precious. But your decision-making process should not be only based on what worked in the past. It’s a really bad idea as what worked tomorrow may be completely irrelevant today. Therefore guiding your marketing strategy through objective data will only get you better results.

5. Not integrated

Whether it’s about veteran digital marketer, sitting in IT or a start-up company, it’s too common for digital marketing strategies to be finished in silos. It is an easier way but of course, it’s not effective. It’s true that digital approach works best when it’s integrated with traditional channels.

Now you know that if you need to change your digital marketing strategy or not, here is a complete guide to help you build a new, powerful marketing strategy to achieve your online goals.

What are the essential steps for creating an effective digital marketing strategy?

When creating a marketing strategy for your business, always keep your audience first. Set goals, plan your strategy, implement it, and finally measure your success.

  • Research on your target market and competitors
  • Know your audience because if you don’t them, how can you help them
  • Integrate different marketing strategies and use only the correct tools
  • If you don’t have the required skills set, don’t hesitate to purchase special services
  • Identify your online value proposition and apply it across all digital marketing channels
  • Last but definitely not the least, prepare yourself

But before you do something ask yourself few questions. Asking yourself right questions and having their answers in place will certainly help you make the right decisions. I’ve given some Q’s & A’s below to help you out.

Which digital channels are most effective for you and why?

With so many digital channels around, it gets difficult to choose the best one. So you can identify it with these simple basics:

  • Identify the channel where most of your potential customers like to hang out
  • Analyze your target audience behavior
  • Build awareness with Twitter
  • Attend industry events and conferences
  • Social media and newsletters to reach out to your potential customers
  • SEO or combination of SEO and PPC to help you attract more visitors

How to evaluate your digital marketing activities?

Unfortunately, some companies don’t know how to answer this question correctly. If you’re also one of them, don’t feel embarrassed! Just hop on and find out how can you determine the right metrics and evaluate your current digital marketing activities.

  • Identify your target KPI (Key Performance Indicator) to help you understand what’s working
  • Monitor your website traffic and sales to know the necessary statistics about your customers
  • Track and measure your metrics through Google Analytics
  • Survey your site visitors to find if they’re satisfied with your solutions
  • Track ROI, conversions, market share, and sales

How to make your business stand out from the crowd?

In today’s competitive digital market it’s really difficult to make your business stand out from your competitors. But an effective strategy can help you stay ahead of them. Let’s see how.

  • Effectively communicate and educate your customers
  • Stay honest and transparent to build customer’s loyalty
  • Talk less, listen more
  • Be authoritative and helpful in what you do
  • Know your competitors and learn from them
  • Be creative, open-minded, and try new technologies
  • Speak in your audience language
  • Use proof points and testimonials to show you’re the best

Final Thoughts

As the world of online landscape changes, so should your digital marketing strategy. So it’s essential to stay aware of the changing market and the new advancements in technology to help you grow furthermore.

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How Sales, Marketeing, Branding & Digital Dysfunction Are Dragging You Down

Getting sales and marketing to talk to each other may feel like torture, but it has never been more critical – especially for the more than 5 million mid-market industrial and B2B companies in the U.S.

The digital age and a host of technology developments have exposed four major flaws in traditional B2B marketing practices:

• Lack of coordination between brand, sales/marketing and digital activities

• Dedication to sales at the expense of marketing

• The slowness of firms to focus their online voice

• Failure to recognize that the internet has changed the sales dynamic

B2B companies are struggling to leverage the internet to sell and grow. Unlike consumer product companies, they’ve been slow off the mark in the digital race due a traditional but flawed rationale that branding and digital communications can’t really help their ‘relationship’ style of selling.

What’s become glaringly obvious is that three core marketing functions – brand, sales/marketing and digital communications – don’t behave as if they have anything in common. Worse, they don’t work together to build equity, share of mind, customer loyalty, or sales for B2B enterprises.

The open secret always was that sales and marketing were never really very integrated. In some firms, they didn’t even like or talk to each other. Not to mention that in many B2B firms, ‘sales and marketing’ actually means ‘sales.’

But because the internet has made company ‘walls’ ever more transparent, there are few secrets. Employees complain, whistle blowers whistle, bloggers gossip, e-mails get forwarded, the news media investigates, and your customers actually know all about you – your product benefits and even your prices – before you ever hit their door. So what are you actually selling?

When a company’s brand, its sales force, and its digital activity aren’t in lockstep, customers notice. At best, customers scratch their heads at this lack of coordination; at worst and more commonly, firms are losing credibility, customer satisfaction and opportunity because they can’t get their act together.

In 2014, Forbes Insights published, Breaking Down Marketing Silos: The Key to Consistently Achieving Customer Satisfaction and Improving Your Bottom Line.

Forbes noted that the challenges with marketing silos mean:

1. Each silo may have its own brand vision, creating a disjointed experience and message for the customer.

2. Team incentives may motivate some team members to exploit and damage the brand in order to boost short-term sales.

3. Poorly integrated teams suffer from inadequate cooperation.

4. Silo interests stand in the way of programs that require scaling.

5. Key growth areas such as digital are not scaled because they are dispersed across silos.

6. Success in one silo is leveraged slowly into others, or not at all.

And not listed, but in the mix: Inconsistent customer experience across divisions and functions.

The good news is that with the right market data, the marketing function is uniquely positioned to lead the charge for integration in the name of better service to the customer. Forbes pointed out why marketing is primed for a leadership role in integration:

1. Marketing brings an outside point of view.

2. Marketing can articulate the unique truth of the company and what differentiates it within the marketplace.

3. Marketing can communicate the product and value-why products are relevant to customers in different ways, identifying segmentation in the market.

4. Marketing creates compelling stories for rallying employees and making an emotional connection with customers.

5. Marketing is a strategic seat at the table; there is no other department that can see such a company panorama and bring those perspectives together.

To overcome the silo issue, the report concludes by offering best practices for CMO’s:

1. Replace competition and isolation among silos with communication and cooperation.

2. Consolidate when necessary.

3. Act as a facilitator, establishing frameworks, encouraging collaboration through teams and knowledge hubs, and upgrading marketing talent.

4. Think like a consultant: create company-wide insights, train marketing talent and participate in strategy development.

5. Secure access to the C-suite. Teradata found that marketers with executive responsibilities are almost twice as likely as others to believe that there are no barriers to interdepartmental integration.

6. Force integration. In Teradata’s study, marketers say the best way for marketing to become more intertwined with other functions is to set up integrated processes.

For some firms, these are lofty marketing ideals. But there are practical steps smaller companies can take to force different thinking and action. But there are practical steps smaller companies can take to encourage different thinking and action. One is to use research and market data strategically – know the customer better than anyone else. A second step is to stop planning functionally and start planning via a ‘communications & experience canvass.’ What does the customer need to feel, see and hear? How do we ‘behave the brand?’ Who is responsible for delivering that? What are the methods for delivery?

In short, turn the silos sideways. With this framework, suddenly a lot more people see and serve their responsibility to serve the customer – including functions such as accounting, help desk, order fulfillment and e-commerce managers, and the c-suite.