Picture it, escaping the hustle and bustle of a busy day, coming home to a peaceful, happy family life and feeling inspired to take on the world. Sounds like a lovely way to end the day, doesn’t it? As inspiring as those images may be, they probably won’t get you very far in the real world. You’d likely encounter problems with getting your workday started in the first place, let alone solving world peace problems. It would take more than a day’s worth of focused work to achieve your perfect morning. That’s why a lot of businesses try to avoid relying on one source of traffic, be it PPC (Pay Per Click), SEO (Search Engine Optimization) or Social Media marketing. Why? Because as great as those strategies may be, they can also dry up overnight if their operators don’t keep the flame alive by constantly pumping money into the system and keeping up with the latest trends in digital marketing.
For smaller businesses that don’t have the in-house resources to constantly monitor and analyze SEO trends and competitors’ activities, relying on a single source of traffic is risky. When that source of traffic dries up, you’re in big trouble.
In today’s world, the line between advertising and organic content is blurred. Many businesses get confused as to which channel is paying them for their product and which channel is providing value in exchange for their attention. As a result, they mix the two up and end up broadcasting repetitive, uninformative messages to consumers over and over again.
To keep your customers and potential customers engaged, you need to be consistent with your messaging. However, you also need to be offering them value. If you don’t know what a customer’s ultimate goal is, it can be difficult to offer them value and connect with them on a deeper level.
To solve this dilemma, you need to focus on providing customers with value across every stage of their buyer’s journey. Here’s a look at how to do that:
1. Product Research
The first step to building a successful online store is knowing what your customers want and need. To get started, you can use several tactics. First, you can analyze the buying behavior of your existing customers. If you have a CRM (Customer Relationship Management) system, you can also look at past purchase behavior to determine future buying trends.
A more detailed method is to conduct research in your target demographic. You can use demographic analysis tools, such as the Google Analytics Demographics function, to get an idea of what products your target audience is interested in. Then, you can map out a strategy to provide those products to your customers.
2. Marketing Research
Once you know what products your target demographic wants, it’s time to decide which ones to focus on. There are several factors to consider. First, which products are in demand and can you afford to sell? Research the competitiveness of your chosen niche and see if there are any existing popular products that you should consider building on. Also, consider the popularity of your chosen products among your target demographic. The more responses you get, the more confident you can be in your decisions.
Once you’ve made your choice, take some time to study how consumers are reacting to your chosen products. Analyze the performance of your ads (ads are the small graphics you see at the top of a web page) and determine if they’re bringing in the desired results. If you’re not getting the response you want, re-evaluate your strategy and determine if there’s something else you can try.
3. Brand Awareness
Branding is an important aspect of any business. A brand is essentially the totality of everything about a business, whether it’s their logo, their website, their social media presence, etc. Having a strong brand significantly increases a business’ chances of success. In today’s world, customers have a lot of options when it comes to choosing a product or service, so you need to make sure that they know precisely what your business is and what it stands for.
To do this, you need to make sure that your potential customers are aware of your brand before they even hear of your product. This is where marketing comes in. You can use several tactics to build brand awareness, such as brand advertising, web content and social media marketing.
Brand advertising is when a business spends money on advertising, whether that’s print, radio or TV ads, to promote their brand. As a rule of thumb, the more expensive your ad, the more likely you are to have greater results. TV ads followed by a web page have proven to be one of the most effective ways to achieve brand awareness. The more frequently you do this, the more your customers will begin to associate your brand with positive emotions.
4. Sales & Marketing Strategy
The ultimate goal of any business, regardless of size, is to make money. When you’ve determined that a chosen product or service is viable, the next step is to develop a sales and marketing strategy around it. Answering the question, “What are we going to do to make money?” is the key to developing a successful strategy.
Answering the question, “How are we going to do this?” is the next step. This is where you figure out, in concrete terms, how you’re going to make money from your chosen product or service. The preceding steps, especially the ones that focused on researching and selecting a profitable niche, should have already given you enough information to get started. Now, it’s time to develop a plan.
Once you’ve developed a sales and marketing strategy, it’s time to implement this plan. This is when you actually start doing the things you’ve decided to do to make money. Putting these strategies into motion is the key to successful marketing. If you do this step thoroughly, you should be able to see clear results within a few months.
To keep your customers and potential customers engaged, you need to be consistent with your messaging. However, you also need to be offering them value. If you don’t know what a customer’s ultimate goal is, it can be difficult to offer them value and connect with them on a deeper level. To solve this dilemma, you need to focus on providing customers with value across every stage of their buyer’s journey. By taking the time to study how consumers are responding to your chosen products, you can develop effective strategies to grow your business. For more information, check out the