A lot of people think that marketing is solely concerned with long-term growth. If you need short-term financial fixes, they say, you need to turn to sales. While it’s true that marketers have the big picture in mind, it’s simply false that they can’t help businesses in the here and now. A PPC push, an email re-engagement campaign, a promotional offer - each of these is designed to work in the space of days or weeks, not months. And each can add considerable value to your sales pipeline. Even these short-term campaigns require strategic marketing thought, however. While sales might hammer a (GDPR-approved) list with cold calls to try and make immediate financial gains, we think there are better ways to go about it. So here are five ways marketing can fatten up your sales pipeline for the quarter.
It may be prime suspect in the gruesome murder of the radio star (according to The Buggles at least), but for medium-sized businesses, video is nothing but good news. According to original research by Southport-based video marketers Wyzowl, 96% of people say they’ve watched an explainer video to learn more about a product or service, 79% of people say a brand’s video has convinced them to buy a piece of software or app, and 68% of people say they’d most prefer to learn about a new product or service by watching a short video.
Who’s the best driver in the world: Rally star Sébastien Ogier or F1 champion Lewis Hamilton? Trick question. Both are viable contenders, but only for a given value of “best”. Their driving styles are worlds apart. F1 is a matter of speed, precision and perfect understanding of the vehicle. A rally champion may not hit the same raw m.p.h., but they need to drive with flamboyance and a will to improvise. There’s a fundamental difference in mindset and skill set involved, and a champion behind one wheel may end up in the middle of the pack behind another. There’s a lot more to the choice than: “well, they both drive fast, don’t they?” So it goes with many things - including sales and marketing.
Introduction Business owners don’t always seek growth for growth’s sake. Founding or buying a business, building its value and selling it on is the ultimate goal for many of the businesses leaders we work with, and so it’s a key consideration for our Marketing Directors too.
Successful marketing begins with a rock-solid strategy. Your company’s goals, how might you achieve them, your marketing plan, creative and – of course – finances are all essential elements. But whether you’re planning for the 12 months ahead or implementing shorter projects throughout the year, even the best-laid plans will fall short without a well-considered budget. Setting the right marketing budget can be a minefield. Sharing notes with our Liberti group partner, The FD Centre, we’ve compiled a list of five budgeting pitfalls to avoid at all costs.