Tag: Marketing Blog - Page 4

A vital component of a successful marketing strategy is sales enablement. Sales enablement refers to providing a business’ sales team with adequate resources to sell more effectively. 

There are numerous ways that sales enablement plays a role in marketing strategy, such as: 

Last night, as I sat at the Grand Hyatt Hotel bar waiting for my meal, I started to chat to the gentleman beside me.

He shared that he was retiring the next day and had been head of Sales for a financial services firm for the past 6 years. Immediately, I knew that it was the perfect time to ask him questions about how sales and marketing works together.

Email marketing, on the surface, refers to a marketing method that is conducted by sending emails. However, more than 40% of B2B marketers believe email is the most critical component of a successful marketing strategy. Email also has the potential to have the highest return on investment of all marketing channels, with a $52 ROI in 2019. Therefore, successful email marketing is about building relationships, generating sales, and gaining profits.

Effective marketing strategies help businesses and companies set goals, reach ideal customers, and generate more profits. Measurements can optimise any process, and marketing campaigns are no different. Therefore, if you are responsible for enhancing your company's marketing campaigns, it's essential to give an insight into how to measure the value brought by the marketing strategy. To conduct the most successful campaigns and achieve marketing success, marketers need to recognise what strategies work and what don't intuitively. This is where key performance indicators (KPIs) come in. The following are some typical KPIs you should track: 

Business is a dynamic and ever-changing field. Because they are no longer constrained by geography, they are becoming more diverse. Due to widespread globalisation, we no longer live in a world where you cannot do business with a company located hundreds of kilometres from where you now live. Because of the possibility of interacting with foreign companies or customers, fluency in language and the ability to communicate effectively in writing have become more vital in the modern business world.

Your audience will better comprehend what you're saying, and your brand's reputation for respect, professionalism, and trustworthiness will improve thanks to your words.

To ensure success in a marketing plan, a few steps must be utilised. Having a set structure to follow throughout the campaign will guarantee consistent results as all necessary steps are taken to best address your client's needs. In addition, a successful plan will demonstrate a clear understanding of the customer's needs, desires, psychographics, and demographics and outline how your message will captivate these audiences.

If you’re putting a lot of effort into marketing your business, but are failing to see results, you’re not alone. Unfortunately, marketing efforts do not always produce results and many marketing campaigns simply don't hit the mark. Many businesses find themselves wasting time and money using marketing tactics that simply do not work. In the end, it all comes down to the marketing strategy they have developed.

There’s no denying the power social media has when it comes to growing your business and building your brand. But you have to realise something: you could have the best product or service in the world but if no one knows about it, it’s peanuts!

A marketing plan is a vital aspect in successfully launching a new product or service. It acts as a blueprint in ensuring your target audience is well educated on your expertise, with the overall aim to generate leads and increase overall sales. All companies are aware of the importance of having a business plan, yet many ignore the plethora of benefits a marketing plan will bring to your business.

Oftentimes, these terms are used interchangeably…

But they actually mean two different things.

Think of it like this…

You are a military leader and about to go war, you would obviously need to prepare all the necessary machineries, weapons, equipment, troops, and the perfect combat strategy to penetrate your opponent’s defences.

The approach to how you are going to tackle the enemy’s defences will be different for each opponent (your competitors), hence this describes your marketing strategy, it lays the foundation before you attempt to do anything.

So, it is essentially like your strategy on how to win the war with your limited sources and capabilities.