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Don’t delay – review your marketing straight away

As the end of the year approaches, businesses need to take the time to look at how they are going to improve their marketing’s effectiveness and grow their business in the coming year.
What tools are you currently using for business growth? Are you reviewing their success? Are your campaigns actually generating your organisation new business?

No matter how brilliant, creative and unique a marketing strategy may seem to be, if it doesn’t generate results and return on investment, something needs to change.  Now is the time to go back to basics and simply look at what worked and what didn’t in 2012.

So where do you start? How do you review your marketing and what should you be looking for?

For any marketing campaign you undertake, analysis should be a vital part of your plan. If you have missed this step, or you are unsure what you should be reviewing, take a look at our 3 top tips for reviewing marketing effectiveness.

 

Email marketing – don’t ignore the data:

Many businesses understand the importance of sending out emails to their database, whether it be a monthly e-newsletter, or the occasional special offer.  A company invests time and resources into creating campaigns, but few measure the end result effectively.

There are many email software packages available to businesses, two of the biggest are Mail Chimp and Campaign Monitor. They allow you to review in-depth results generated from your emails, including open and click-through rates. The results are key to determining if your campaigns are effectively engaging with your database. An open rate indicates the percentage of people who opened your email, whilst a click through rate measures how many people actively clicked on a link and engaged with your communication.

The subject line and email address will influence the open rate most significantly.

The click through data reflects the level of engagement in your email. It shows exactly what information people are interested in. If you’re writing about multiple topics in a newsletter, click-through information can be used to determine which topics are of most interest to readers. Are the same people reading your emails each week, if so, are you following up the email with a telephone call?

Use you results to establish trends. Look at what time of day your emails are sent and what subject lines you include. Does your email include a hook?

 

Social media isn’t just for show – measure your engagement 

Like any marketing activity, in order for your social media activities and goals to be achieved, you need to put together your company’s social media strategy. Your strategy is just like your business plan; it enables you to define your social media goals and future objectives.

It is important to review the social media channels you currently use. What platforms are popular amongst your target audience and what content is worth ‘tweeting’?   In the past, a measurement of social media success was determined by the number of followers or ‘Likes’ generated through Facebook and Twitter. Google Analytics have taken their social analytics tools a step further, enabling you to drill down and measure the full value of traffic to your website coming from social networking sites. Follower engagement is also an import metric. How engaged are you with your social network? Is your content being retweeted? Are you interacting with your network?

The world of social media is constantly changing, what was popular last year isn’t necessarily relevant this year , stay on top of the trends and engage with your target audience effectively. There are many social media analytic tools out there. Some are free; take a look at Hootsuite’s free in-built analytics function or Topsy for instant social media insights.

 

Website – analyse your traffic

We can’t stress enough the importance of reviewing your website analytics. Google Analytics is one of the most powerful tools out there for businesses, providing a wealth of insight and data into the performance of your website and marketing overall. It is invaluable for monitoring and analysing traffic, allowing you to evaluate both on and offline marketing campaigns. Simply installing analytics won’t give you the results you need; value is only gained when that data is used to drive action to improve your site.

The volume of results available can be daunting; however, if you break down the data into more manageable chunks, like: traffic, bounce rate, visitor flow and keywords, you can start measuring your performance more effectively.

For more guidance on what you should be measuring with your Google Analytics, click here.

 

No matter what marketing activity you undertake, return on investment is vital.  When reviewing your marketing you need to consider every element of your campaign, from data and content through to execution and evaluation.  Reviewing your marketing each year can be the difference between having an ok year and a great one. If you have failed to generate enquiries from an advert, email or campaign, something needs to change. Start reviewing today and make use of your findings….don’t ignore the data.

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Fine-tune your email marketing

Email-marketingModern marketing requires the use of a balanced blend of marketing channels, all working in harmony for the common good – to grow your business.
One channel that many small businesses mistakenly overlook is email, assuming customers view email marketing as spam or that it’s too easy for customers to unsubscribe or simply delete messages.

However, email is alive, kicking and effective. Thanks to the rise in technology and smart phones, consumers are connected to their inbox 24/7, reading emails with the same immediacy as they do text messages.  Businesses are keen to get more bang for their buck and email marketing is certainly a platform more businesses should be considering when engaging with potential customers. Not only is it relatively low cost compared to comparable channels, but it is also incredibly generous about giving your business a wealth of marketing information off the back of a campaign, vital for giving you insights into your target audience and the ROI of campaigns.

Like any marketing activity, a business should plan their approach; simply pressing ‘send’ in Outlook isn’t enough.  To get more mileage from your marketing campaigns, adopt these strategies to fine-tune the effectiveness of your emails:


Look beyond Outlook:

There are various tools and software out there that can help you create effective and engaging emails, test and send them, then manage and track the responses without any technical skills needed. Mail Chimp is one of a number of easy to use email marketing systems out there for businesses. Others include:

Virtually all will allow you to import your own HTML design or edit one of their existing templates to reflect your brand.  Mail Chimp has the advantage that it is free if you have fewer than 2000 email subscribers and send emails no more than one a month.  The software also helps you manage your subscriber lists, track campaign performance and sync your email marketing across social networks like Twitter, Facebook and LinkedIn.

 

Before you send your emails think about the following:

 

1. Segment your database into groups, for example, prospects, clients, past clients etc. Email software allows you to send personalised messages with custom offers. You could even send an email to one segment of your list by sorting on gender, role, post code or industry.

2.  If you’re sending a newsletter, think about incorporating links that drive back readers to your website, where they can access the article in full. Not only does this get recipients on your website, where they can learn more about your business, but by reviewing your email statistics, it also provides you with vital information about specific areas of interest for database member. This information can be used to target marketing campaigns more accurately.

3. Make sure you test your emails. HTML designs can appear differently in different email clients. Likewise, something you may consider as eye catching, could be difficult for contacts to actually read. Most email systems will allow split testing, which is a great tool to use to identify the most effective subject line or content. If you want to increase open rates, test your subject lines. If it is your click-throughs you are looking to boost, then test design and content variations.

 

Your campaign doesn’t stop there – Review your performance:

After sending out your email messages, your next task is to measure the effectiveness of your campaign. Measuring the response rates will help you determine the kind of articles and services  your readers want.

How do you know if your campaign is effective? The first indicator is your open rate, the number of people who actually opened your email. If you use an email marketing function like Mail Chimp, you will be able to access the full list of contacts who engaged with your campaign.

Your click-through rate is the other important indicator. Click-through rates measures the percentage of people who were sent the email that actively clicked on a link with the text. The more clicks the better.

You will also need to keep track of your unsubscribe rate. If the number of contacts requesting to be removed from your list increases, you need to re-evaluate your email campaigns. Are people unsubscribing because you are bombarding them with emails too frequently? Is the email message simply too long, or are your offerings lacking in appeal?
If planned and implemented properly, email marketing provides businesses with the opportunity to engage with a large audience in a short space of time. Not only does it offer your business a cost-effective marketing tool, it also provides you with vital information to help you integrate other forms of marketing into your mix……How about using telemarketing to follow up the contacts who clicked on a link within your email?

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Making your marketing work

Spring has sprung…finally.  This is a good time of year to reflect back on the last few months and decide what worked and what didn’t for your business. All too often, companies at the start of the year create and launch marketing campaigns without ever reviewing the end results.  In order to ensure your marketing is performing as it needs to, to enable you to meet your business goals, it is vital that you take the time to look back at the last few months and review the impact of your marketing activity.
To help you get started, we have highlighted below some key areas your business should be reviewing and some simple steps to help get your social media, website and email campaigns running smoothly this Spring.

 

Website:

We cannot stress enough the importance of reviewing your website’s performance through Google Analytics. Yes, the amount of data can be overwhelming and sometimes it’s difficult knowing where to start and how to use the data available. Reviewing the basics first, for example number of visitors, referral, search and direct traffic and the bounce rate, will help provide you with a good idea of how successful your website is performing. However, there are a few additional metrics we’d recommend including in your review:

  • Page load speed

There has been an increasing importance placed on page load speeds when it comes to user experience and its impact on a site’s search engine ranking. Internet users have a notoriously short attention span and if a site takes more than a few seconds to load a page, users will quickly loose interest. To find out how you can improve the page load speeds on your website, the nice people at Google have provided a free tool, PageSpeed Insights

  • Devices

The way we engage online is changing. More and more people are using mobile devices to access information quickly. You might find that the majority of your visitors access your site through mobile, if so, you would need to present you site in a way that bests fits with this form of device.

 

Social media:

Vowed to make the most of what social media has to offer your business? It is common for businesses to dive into social media, joining all the relevant platforms and making a promise to move the company’s marketing online. However, many companies are often disappointed with the results social media generates.

Has your social media activity been disappointing? Have you struggled to write interesting content and find interesting updates to share with your followers? Like any marketing activity, you will need to put in place a social media strategy that aligns with your overall marketing objectives. The strategy doesn’t have to be complicated, but it will help your team understand what it is you want to achieve from your social media activity and how you plan to achieve it. Consider what content they should be sharing, what links they should be including and who they should be targeting.

Social media doesn’t have to be time consuming. If you’re struggling to update your accounts consistently, there are tools like Hootsuite that will let you schedule tweets and Facebook updates. You could schedule a whole week’s worth of posts in 15 minutes.

 

Email marketing:

Have you recently launched an email campaign? Did you review the results? Was it successful?

We have previously discussed the importance of fine-tuning your email marketing and making the most of what email software has to offer. If you are struggling to get good results from your campaigns, it is important that you review where you might be going wrong. Several factors can influence the success rate of your marketing emails, including:

  • Time of day your emails were sent
  • The subject line
  • Email content and links
  • Plain text or HTML?
  • Your data

A/B split testing campaigns can help you decide what time of day, content and subject line work best for your database.

Segmenting your database down into sensible groups, rather than sending one email to everyone on the list, will improve open and engagement rates. In addition, it will also help you identify if certain segments of your list are poor quality or not receptive to email marketing as a marketing medium.

A poor campaign could actually be the best thing that happens to your marketing, if it provides you with an insight which can inform and improve your future marketing programmes. If you cannot pinpoint what went wrong, it then just becomes a waste of money.

To aid this process, make sure you make changes to campaigns iteratively, so you can attribute any changes in results to a particular amendment.

Good luck and make sure your marketing is working for your business!

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