Results driven marketing with a targeted ROI

Results driven marketing with a targeted ROI

results driven marketing

Marketing that drives success and elevates brand position.

Fronetics Strategic Advisors is a management consulting firm.  Since the company was founded we have worked with companies to identify and execute strategies for growth and value creation.  We have advised and worked with companies on their most critical issues and opportunities: strategyorganizationtalent acquisitionperformance management, and M&A support.

In addition to the more traditional consulting services we offer, we have working with companies to create and execute marketing strategies that drive success and elevate their brand position within the industry.  Unlike other firms, we are able to draw upon our business expertise and align marketing programs with business objectives and, through a data driven approach, are able to deliver results with a targeted ROI.

We work with clients to develop and implement effective digital and content marketing strategies and to create content including blog posts, articles, case studies, eBooks, and white papers.  We also offer social media management.

The following are results realized by three of our clients:

 

Client A

Industry: Consulting

Timeframe: 21 months

Results:

Over the period of 21 months, Client A gained 6 customers and increased revenue by 93%

Traffic to the website increased by 11,045%.  Traffic from all sources increased significantly; direct traffic and traffic driven by social media realized the greatest increase.

Source % change
Social Media 82,900%
Direct Traffic 67,800%
Organic Search 9,380%
Email Marketing 5,900%
Referrals 1,030%
Total 11,045%

 

Client B

Industry: Real estate

Timeframe: 3 months

Results:

Over the period of 3 months, Client B. realized an 88% increase in inquiries and a 39% increase in home sales.

Traffic to the website increased by 248%.  Traffic from social media and from referrals realized the greatest increases.

Source % change
Social Media 894%
Direct Traffic 159%
Organic Search 157%
Referrals 360%
Total 248%

 

Client C

Industry: Foodservice

Timeframe: 11 months

Results:

The client has realized a visit to lead conversation rate equal to 50% above the industry average.

The client, per industry standards, realized a savings of 13% per lead.

Traffic to the website increased by 119%.  Traffic generated by organic search and social media were the primary drivers of increased traffic.

Source % change
Organic Search 231%
Social Media 166%
Direct Traffic 53%
Referrals 22%
Total 119%


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Uber for trucking.  Is it here?

Uber for trucking. Is it here?

Transfix

Drew McElroy, founder of the start-up Transfix, is no newcomer to the trucking industry. McElroy was born into the business; his parents owned and operated the freight brokerage Andrew’s Express, affectionately naming it after McElroy.

“I remember listening to my father structure deals. As a kid, it was all utterly confusing to me,” recalls McElroy. “I finally started to get my head around the economics of the business in my teens. From that point on, I became increasingly aware of the industry’s inefficiencies.”

Not long after McElroy graduated college, his father passed away unexpectedly. McElroy, already working for the family business, took over as president. In that time, McElroy successfully increased annual revenues from $4 million to $12 million.  While impressive, McElroy still struggled with how the industry traditionally operated. “It was clear that our family business wouldn’t be the platform for world domination,” laughs McElroy. “But I believed that, fundamentally, there was a better way to get things done.”

Determined to build a new foundation based on his belief in “a better way,” McElroy left the family business and set out for San Francisco. He would spend the next year and a half couch surfing and networking in order to gain the expert business and tech insight he needed to plan what would become Transfix.  “I knew logistics and I knew trucking, but I knew nothing about venture capital, or how to move from idea to implementation,” says McElroy. “I decided I should try – and try big.  If I fail, I fail, but at least I tried.”

In 2013, McElroy was introduced to Jonathan Salama. Salama was among Gilt’s early engineers, and was pivotal in building the flash sale giant’s infrastructure and inventory software. McElroy knew Salama would be key in taking his idea to the next level; Transfix had claimed its co-founders, and its recipe for industry-leading success.

Transfix is a fully automated marketplace that is all about getting things from one place to another.  What sets Transfix apart is the company’s platform and approach is vastly more efficient than the traditional approach, and it is much more user-friendly.

Transfix takes the industry’s inefficiencies head on.  Transfix is a digital on-demand freight marketplace. It provides industry-leading mobile technologies and location-based jobs offers for independent over-the-road truck drivers, as well as cloud-based management platforms for small carriers and shippers

Here’s how it works:

A customer logs into the Transfix TMS and enters a new shipment. The platform automatically  identifies the best driver depending on location, size of truck, etc., sending a load offer alert to the driver or company dispatcher by mobile SMS message or email. The load is accepted by electronic signature, at which point the customer receives automatic notification and the driver becomes fully visible within the customer’s real-time dashboard. Load management from that point on becomes “as simple as Tinder.” Transfix geofences the driver with a five mile radius, immediately alerting Transfix of any issues. Once the load is delivered, the driver is paid within 24 to 48 hours, significantly faster than the industry standard.

Transfix just launched an app (iOS and Android) that is focused on truck drivers.  Transfix’s app integrates with the company’s digital marketplace and is driver-centric.  The app gives drivers the ability to manage loads, map their itinerary, and manage payments.  The app also provides truck drivers with trip planning essentials including the location of showers, ATMs, weigh stations, fuel prices, and weather.  The app is free and can be used by anyone with a valid motor carrier number – the driver does not have to associated with Transfix. “Developing this app and making it freely available to all drivers is just the right thing to do,” says McElroy.  “Without drivers, this industry would not exist.  We need to do right by drivers by making their lives easier.”

Things are moving fast for McElroy and Transfix.  Within 15 minutes of updating his LinkedIn profile, McElroy got a call from a logistics Manager at Barnes & Noble and, before he hung up, had freight loads to manage.  Fast forward a few months – with Transfix, Barnes & Noble has realized improvements in their processes and has seen their deadhead runs (times driving without cargo) cut by at least 50%.

Transfix has raised close to $2.5 million to date and is already generating several thousand a month in revenue.

McElroy and Transfix are poised for world domination – mind you, a win-win benevolent hegemony – a la Uber.


Fronetics Strategic Advisors is a leading management consulting firm. Our firm works with companies to identify and execute strategies for growth and value creation.

Whether it is a wholesale food distributor seeking guidance on how to define and execute corporate strategy; a telematics firm needing high quality content on a consistent basis; a real estate firm looking for a marketing partner; or a supply chain firm in need of interim management, our clients rely on Fronetics to help them navigate through critical junctures, meet their toughest challenges, and take advantage of opportunities. We deliver high-impact results.

We advise and work with companies on their most critical issues and opportunities: strategy, marketingorganization, talent acquisition, performance management, and M&A support.

We have deep expertise and a proven track record in a broad range of industries including: supply chain, real estate, software, and logistics.

Learn more

 

DIY fail-proof content marketing strategy [eBook]

DIY fail-proof content marketing strategy [eBook]

content marketing strategy

95% of B2B enterprise marketers and 86% of B2C marketers use content marketing.  The down and dirty is that content marketing works.  Content marketing attracts leads and converts leads to customers – and it does so at a lower cost than traditional marketing (and in a much less invasive manner).  Here are some cold hard stats:

  • 80% of business decision-makers prefer to get information from articles rather than through advertisements
  • Inbound leads cost 60% less than outbound leads
  • Adopting an inbound strategy doubles average website conversion rates, from 6% to 12%

The reality is that content marketing works.  Customers are no longer responding to interruption-based marketing as they once did. They’re ignoring overt sales pitches and looking instead to peers, social networks, and search engines. In short, it’s all about content these days. Companies within every industry – from fashion to fishing – are creating and curating relevant and valuable content and using it to engage prospects and connect with customers.

We have created a DIY fail-proof strategy for connecting with prospects and building brand awareness by creating and distributing amazing content – our content marketing eBook.  Earn the attention of your prospects and customers by using this checklist to develop a solid content marketing strategy.  In it, you’ll find step-by-step instructions, templates, lists, and samples to get your content marketing program up and running.

Download the eBook



How to calculate content marketing ROI

How to calculate content marketing ROI

content marketing ROI

It’s impossible not to recognize that the business world is changing. Whether it’s the fall of the travel agent as people migrate towards online booking, or the irrelevance of the compact disc as Spotify and iTunes changed the music industry, or how advertising is done. Outbound marketing, such as print ads, TV ads, banner ads, trade shows, telemarketing, and direct mail are no longer what consumers are requiring. According to Forbes, many brands are moving their advertising budgets from television to online videos. The Content Marketing Institute reports that 8 out of 10 people identify themselves as blog readers, and 23% of all time spent online is spent on social media sites. With the rise of the blog, companies have gotten smart about how to reach their current and potential consumers.

In the B2B world things are changing, too, with many executives wanting to gain information through other mediums. The Content Marketing Institute also reports that a majority (80%) of business decision-makers prefer to get information from articles rather than through advertisements.

We know that inbound marketing is effective in garnering consumers’ attention. It’s aligned with a generation of people who want to be educated about the products they’re buying and who are willing to search for those products online. Even with all of this known, it’s important to ask: what is the ROI when it comes to content marketing?

According to Search Engine Journal, inbound leads cost 60% less than outbound leads. In the Harvard Business Review article, How to Profit from “Lean Advertising”, the shoe company DC Shoes is profiled as a model for inbound marketing. In an industry where star athletes are profiled in big-production advertisements via TV commercials, billboards, and magazine ads, the skateboard shoe company decided to take a different route. According to the 2013 HBS article, “Over the past four years they have gotten more than 180 million views—and in 2011 alone, sales jumped 15%. One was YouTube’s most-shared video of 2011; another garnered a million views in its first 24 hours. Paying online media for this type of exposure would cost upward of $5 million.”

Like any new tack in business decisions, relying on case studies from other businesses is helpful, but cost needs to be considered. In order to calculate ROI the cost of content marketing needs to be assessed:

  • salaries (if going in-house)
  • marketing agency or contractor services
  • additional overhead
  • distribution costs
  • design and publication software

After those costs have been calculated, the next step is to subtract that number from the revenue generated. The Guardian has put forth its simple content marketing ROI calculator:

(Revenue Generated – Cost of Content Marketing) / Cost of Content Marketing = ROI

According to the newspaper, “A simple calculation could say that you drove 1000 visits through a piece of content, and Google Ads would have cost £1 per click, e.g. £1000 to equal the same. If the content only cost £500, you have a saving!”

But with most seemingly simple things, there’s complexity underneath. Dig deeper and ask more questions. Is the money you’re spending on inbound marketing deterring other, less obvious, costs? Would it have cost you more through outbound marketing methods to achieve that same level of visibility than through inbound marketing solutions? Is inbound marketing bringing in customers or closing a deal more quickly than alternative methods (time is money, after all)? Is inbound marketing cutting down the need for staffing in other areas, such as support staff to manage inquiries or support calls?

Some incalculable values from inbound marketing, like consumer preferences, content intelligence, customer relationship strategies, and branding can be hard to tie to a number, but over time you will see that your ROI will become more clear to you as you generate leads, turn leads into customers, and see the result in the form of money gained (American dollars or British pounds!).

 

Get Results from Content Marketing by Telling Great Stories

Get Results from Content Marketing by Telling Great Stories

This is a guest post written by Thijs Messelaar. Thijs has more than 15 years’ experience writing, developing content, and informing marketing strategy for various clients, including high tech, higher education, and highly-rated restaurants.

content marketingThe best content marketing feels like a great story.

In fact, in many ways content marketing gets the most results because it IS a great story. It captures your imagination. It challenges you. It asks for your trust. And, if it’s truly tops, the payoff is big.

In order to get results from your content, a solid content marketing strategy must be in place. No doubt about it. Simply just creating incredible content and walking away from it probably isn’t going to get you what you want.

Key Content Marketing Channels

Content marketing requires a careful scientific approach in order to get results. Content needs to be curated, cajoled, packaged, posted, pruned, repurposed, prettified, shared, shorn, shifted, pushed out, and run up the flagpole.

To get results from your content, your content will have to be created for and/or distributed through key marketing channels like these:

  • Your website assets
    • Blog
    • Landing pages
    • Case studies
    • Team (clout)
    • Accolades and awards
    • Resources
    • Videos
    • Surveys and quizzes
    • Infographics
    • E-books
    • White papers
  • Email
  • SEO (onsite)/SEM (AdWords)
  • Apps
  • Social media (organic)
  • Retargeted ads (web and social media)
  • Social media ads, promoted posts, offers
  • Webinars, trainings, and mini-courses
  • Podcasts (audio and video)

You need to organize and optimize your sales pipeline by identifying your goals, audience, and your content marketing channels. And like a good scientist, you’ll have to analyze your results and revise your approach, over and again and again.

Examining all aspects of your content marketing strategy – creation, distribution, engagement –  on your content marketing ROI is essential.

The Magic of Content Marketing

But without producing the most interesting, the most useful, the most delicious writing, design and ideas to place in these various channels, your content marketing will be dead in the water.

Great content marketing moves you to do something new and unfamiliar. Or it makes you understand something familiar in a new way. And like a really good story, you want to share good content with everyone. It’s affirming (or reaffirming) and engaging and makes you feel its magic. The magic of content marketing that gets results may be found in the sense of clear authority it imparts.

But the magic of a great story is something intangible. It comes from a true place within you (your soul, let’s say) – and connects with your audience (their souls).

But much of the best content marketing is built on novel, engaging, social, physical, and emotional experiences – not solely on rote data analysis.

Douglas Van Praet advances this relatively controversial take on current marketing practices. “We need to generate smiles, tears, or goose bumps—not significant differences correlated at the 95% confidence interval! These are the things that […] data tabulations will never capture, but they are also the things that make us buy brands,” he writes.

Likewise, these key content marketing attributes are also the essential characteristics of our most favorite and enduring stories.

If yours is merely content created for the sake of just churning more content – that is, if you don’t care much for what you’re writing about – your audience won’t care much either. It will curdle the moment they consume it.

Without moving your audience emotionally, you won’t have excited them intellectually, you won’t have made them care about you or gained their valuable (and venerable) trust. And surely your audience won’t hold your story “near-and-dear” to their hearts in a way that compels them to retell it to everyone and anyone who will listen.

The overall result? Well, poor results from your content marketing and ultimately a weakening of your brand’s standing.

Start your content creation from the soul by being yourself and talking about what you love. You’ll make connections and grow your audience just as the best storytellers have always done.

In the end, you’ll succeed with content marketing in ways you never might have imagined possible – and feel good doing it.

That in itself will be a story worth telling.

 

Social media is a strategic tool for logistics companies

Social media is a strategic tool for logistics companies

Fronetics Strategic Advisors conducted a survey focusing on social media and logistics and supply chain companies. Respondents shared information on their social media use, motivation, preferences, benefits, and challenges. One-hundred percent (100%) of respondents reported that they have used social media for five years or less, indicating that social media is a relatively new strategy for logistics and supply chain companies. Mirroring other industries, including those in Fortune 500 status, social media is playing an increasingly important role in company branding, marketing, and client engagement.

For the current state of social media and logistics, here is an infographic that summarizes many of the key points from the full report.

Social media and the logistics industry