by Fronetics | Mar 16, 2016 | Blog, Leadership, Strategy, Supply Chain
Men hold 85% of all executive officer positions within Fortune 500 companies, despite research that consistently shows when women are in positions of leadership, companies perform better. In the supply chain industry, 20% to 30% of positions are held by women, but the dearth of women in the C-suite is astounding; just 5% of top-level supply chain positions within Fortune 500 companies are held by women.
As I have written about previously, the lack of gender diversity in the supply chain is not because women do not have the skillset and ability to succeed within the industry:
“Women are as capable as men when it comes to working within the supply chain industry. Indeed, it has been put forth that women are better suited for roles in supply chain management than men. Research conducted by SCM World found that the majority of men (63%) and women (75%) believe that the natural skillsets of women differ from those of men and that these differences are advantageous for supply chain management.”
Last year I was fortunate enough to interview Cathy Morris, senior vice president and chief strategy officer at Arrow Electronics, and Mickey North Rizza, vice president of strategic services at BravoSolution, about women in the supply chain. Morris was twice named one of the “Top 50 Most Powerful Women in Technology,” and North Rizza was named a “Top Female Supply Chain Executive.” Both Morris and North Rizza shared how they got started in the industry, and the steps they took to get to where they are today. They also shared their desire to increase diversity in the supply chain.
As a woman working within the supply chain industry, I believe that it is important to discuss the lack of gender diversity and point to research highlighting why the industry needs to increase the number of women in all positions, including the C-suite. Additionally, it is just as important to highlight the incredible women who already are working within the industry.
This year I’m turning my focus to showcase the work that these trailblazing women are doing. I spoke with Kendrea Durr-Smith, director of global trade compliance at Arrow Electronics, Kelli Saunders, President of Morai Logistics, Hailey McKeefry, editor and chief at EBN, and Barbara Jorgensen, co-founder and managing editor, EPS News. I also invited Tania Seary, founder of Procurious, to share what is happening at her company, and Jennifer Cortez, director of marketing and communications at Transplace, to discuss the role of quality content within the industry. These interviews and stories will be shared over the next couple weeks.
As I share the work of even more women in the future, I look forward to continuing a dialogue that will hopefully facilitate welcoming more women to the industry.
by Fronetics | Mar 8, 2016 | Blog, Marketing, Social Media, Strategy
Social prospecting helps you identify potential customers outside your established audience using social platforms.
Social media should be an integral part of your marketing strategy — we know it helps build brand reputation, gather market intelligence, discover customer problems, and influence purchasing decisions. But your lead generation efforts should also include the use of social platforms. It’s a practice called social prospecting that can be highly effective in identifying new prospects.
You’ll use your existing social handles to identify and pursue potential customers that may be interested in your business but that don’t yet know about it. HubSpot describes social prospecting: “It’s about scouring the social web, identifying potential prospects, and engaging them through content to get them to your site and move them through your funnel.”
Why does it work?
Think about the size of your established audience. Now think about the total number of active users on social media: As of the fourth quarter of 2015, Facebook had 1.59 billion active monthly users, Twitter averaged at 305 million, LinkedIn had 414 million, Google+ had 111 million, and Pinterest had more than 100 million. Those enormous numbers equal enormous potential for your business.
That’s because social media isn’t just for recreational purposes anymore. More than half (53%) of B2B buyers report using social media to research purchases, in fact. Social prospecting allows you to be proactive in finding all of the considerable number of social-media-using prospects who are looking for you, too.
How do you get started?
If you already have a social media presence, that’s step one. It gets a little more complicated from there.
Fronetics has developed a free social prospecting workbook to learn how to use social listening to generate new leads for your business. We’ve identified the quickest way to find potential customers on Twitter, Facebook, LinkedIn, Pinterest, and Google+. Every worksheet includes:
- Short preparatory work to make the actual prospecting easy
- Visual instructions on how and where to find prospects
- Pro tips that will help you get the best results
- Prescriptions (Marketing Rx) for success
- Take-home exercises for follow-up prospecting
Happy prospecting!
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by Fronetics | Feb 25, 2016 | Blog, Content Marketing, Data/Analytics, Marketing, Strategy
https://www.flickr.com/photos/132604339@N03/22920388895/in/photostream/
The most efficient lead-generation strategy includes a way to capture potential customers’ information.
An effective lead-generation campaign requires several different strategic layers.
Firstly, you must entice potential customers with an exclusive, high-value offer — like ebooks, whitepapers, free consultations, product demonstrations, or discounts. A clear, highly visible call to action (CTA) or two can help ensure they know how to attain it and can encourage them to choose it over your competitors’ offers.
But you’re not done there. Unless you are capturing those quality leads effectively, you could be dropping the ball and missing out on potential customers.
Here are some tips for successfully capturing leads.
You absolutely need to have a landing page for your offer. Your CTA should not take the potential customer to your website’s homepage or anywhere else, but rather to a landing page, which provides your offer and captures the lead information.
Landing pages are one of the most important elements of lead generation and are effective for 94% of B2B and B2C companies, according to research done by MarketingSherpa. A great landing page:
- Describes the offer
- Does not include links to other things on your website that will distract the lead and perhaps send them elsewhere before you can obtain their information
- Is simple and not cluttered with information but emphasizes the benefits of your offer
- Has ways to share the offer on social media
- Has a form to capture the lead information
Capturing leads: It’s all in your form
The last point suggests the next step in your strategy: A good form is how you will successfully capture those leads. It is where your potential customers will provide their contact information in exchange for the special offer you have enticed them with.
So, what makes for a good form?
- Keep it short. The fewer fields you have in a form, the more likely you will receive conversions.
- Avoid using the word “submit” on your form. Nobody wants to submit their information, so use a phrase that demonstrates that they are getting something they want by supplying their information — something simple like “Get it free,” or “Download now.”
- Add a privacy message (or link to your privacy policy) that indicates their email or contact information will not be shared or sold.
Want more leads? Use multiple channels
To generate and capture the most leads possible, completing these steps in just one of your marketing platforms is not enough. Marketers should utilize multiple channels in order to maximize their lead-generation efforts.
The objective is to make it easy for buyers to research, evaluate, and purchase products in any way that is most appropriate for them. Some leads may find you through your blog, some through social media, and some through organic search (which is why all of your content should be SEO-friendly). Thus, you should make sure you are promoting your special offers, effectively placing CTAs, and properly using landing pages and forms in every facet of your digital presence.
Such an efficient, multi-layer lead-generation strategy can reduce your cost per lead while delivering higher quality prospects to your sales team.
Want to learn more? Download for a complete list of innovative tips and proven strategies to improve your lead-generation and -nurturing strategy.
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by Fronetics | Feb 17, 2016 | Blog, Content Marketing, Manufacturing & Distribution, Marketing, Social Media, Supply Chain
The US manufacturing index is at its lowest level since 2009. This is sobering news for the industry and for the economy. Within the industry, it is clear that the road ahead is not flat, straight, or even smooth. For companies to not just survive, but to also succeed, action needs to be taken.
In August 2015 Bruce McDuffee, Principal at Knowledge Marketing for Industry, released the second edition of the Manufacturer’s Growth Manifesto. If you haven’t read this, you need to do so – today. In the Manifesto, McDuffee spells out how manufacturers can achieve growth rates of 10%, 20%, and even 30%.
The key to attaining a double digit growth rate is changing your marketing strategy and adapting to buyers’ new habits. Specifically:
- Stop pitching products and start helping people.
- Start educating your audience utilizing your particular experts and expertise for FREE.
- Stop advertising product features and benefits of a product.
- Start promoting your useful, helpful papers, webinars, seminars, videos, etc. (not product information) to foster meaningful engagement.
- Admit to yourself and your team that your products are perceived as a commodity and it will take more than product revisions, releases and enhancements to gain the attention of your target audience.
McDuffee concedes that for those who have not previously embraced and engaged in this approach to marketing, “You may be thinking, WTF?”
It may seem counterintuitive, but the results are real. Your company will be able to achieve those double digit growth rates and realize these benefits:
- Reciprocity, credibility and trust in the minds of the people in your target audience.
- Top-of-Mind Awareness (T.O.M.A.) in the minds of your prospective customers so they remember your firm first when the day comes around and they need to buy.
- Higher prices, more sales, more market share, and higher growth rates.
Success, however, depends on believing in this approach and incorporating it into your overall business strategy.
Research conducted by the Content Marketing Institute (CMI) found that while 82% of manufacturers use content marketing, only 26% say that their efforts are successful. A lack of buy-in/vision from higher ups is one of the key challenges identified by CMI. Another challenge that was reported was creating and executing a strategy; only 20% of respondents reported that they had a documented strategy. Notable though, is that 58% of the most effective companies reported that they have a documented strategy.
This approach is not relevant only to manufacturing. Companies across industries and verticals should take notice. Cerasis, a top North American third party logistics company offering logistics solutions with a strong focus on LTL freight management, shifted their marketing strategy and realized positive results. Within 25 months Cerasis realized a 14% increase in revenue. This increase was directly attributable to inbound marketing. In addition to this stream of revenue, the company’s sales team was able to generate revenue totaling $20 million during this period – more than double the previous two years combined.
Those numbers are not small potatoes. If you haven’t checked out the Manufacturer’s Growth Manifesto, make the time.
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This was originally published on Electronics Purchasing Strategies.
by Fronetics | Feb 8, 2016 | Blog, Content Marketing, Marketing, Strategy
Enticing potential customers with exclusive, high-value offers is an important component of lead nurturing and lead generation.
Your strategic marketing objectives boil down to one basic mission: to generate a high volume of quality leads. This will drive tomorrow’s revenue and an increase in sales and profits. Yet, only one in 10 marketing professionals feel they have an effective lead-generation strategy in place.
Since a productive lead-generation campaign consists of many interconnecting layers, it can be hard to pinpoint what is limiting your success. But, if you are seeking more leads for your business (and who isn’t?), consider these proven tactics for achieving successful lead generation.
First, for tactical reasons, your overall campaign must contain these components:
- Something To Offer. An offer is content that is perceived to be high in value. Offers include ebooks, whitepapers, free consultations, product demonstrations, or discounts.
- A Call to Action. This is either a small paragraph of text, an image, or a button that links the potential customer to a landing page to download what you have to offer.
- An Awesome Landing Page. This is a specific page designed to allow the potential client to download your offer.
- Forms to Gather the Lead Info. Essentially, they get the download; you get their contact information.
These four valuable components set the stage for capturing exponentially more lead information than ever before to grow your business.
Creating the Most Inspiring Offers
Just because you have identified leads does not mean they will convert to customers. Lead nurturing helps build a relationship with your potential customers, gain their trust, and raise their awareness about your business and products. The four steps above are critical to the lead nurturing process. But, unless you offer something that your potential customers want, you will not get past the first one.
So, what entices people to click “yes” to an offer?
The majority of us want anything that is considered exclusive, scarce, or in high demand. Suddenly, something becomes more desirable if it appears like we are getting the scoop on a special deal or valuable information.
The higher the perceived value of your offer, the more irresistible it becomes. So, whether your offer is whitepapers, downloads, free trials, memberships, or sales promotions, these irresistible elements can overcome a lead’s typical friction, doubt, or concern.
The elements to creating a feeling of exclusivity and special value in your offer include:
- Limited-time offers. This creates scarcity to your offer.
- Limited quantities. What you are offering is unique and has exclusive value, and procrastination may mean missing out.
- “X number of people have seized this offer.” Human nature is to follow what others do. State how many people have downloaded your offer or benefited from your information to encourage others to do the same.
- Content that matches current news trends. Content tailored to whatever is trending in the news (or to whatever is in high demand at the moment) is more relevant and relatable to potential customers, who are likely engaged with those trends in other ways as well.
- A title that hooks interest. People actually do judge a book by its cover and will not want to see more if you bore them.
- Several Call to Actions, offered at different stages. Pursue buyers at different levels of readiness with different CTAs. People often do their own research before even engaging with a sales rep, and every prospect is at a different stage of exploration. Develop different offers at different stages in the buying cycle, and include a primary and secondary CTA to these offers on various pages throughout your site.
- Avoid professional jargon. Terms and phrases that have been over-used and abused are meaningless and won’t hook potential buyers. They include: groundbreaking, cutting-edge, scalable, flexible, and robust, just to name a few.
To further ensure enticing more leads, your offer should provide something that is considered of high-value. Not all offers are created equal. Some “formats” perform better than others at converting leads. Here are a few of the top-ranked offers, in order of performance, when it comes to generating leads:
- E-books or guides
- Templates or presentations
- Research and reports (e.g., State of Inbound Marketing)
- Whitepapers
- Kits (multiple offers packaged together)
- Live webinars
- On-demand videos
- Blogs (including offers in the nav or sidebar)
- Blog posts (if there is a CTA in the post)
There are many more ways you can capture successful leads and fine-tune your marketing plans in a way that turns leads into customers. For more proven tips, download The 30 Greatest Tips & Tricks That Will Change The Way You Nurture Leads, which offers dozens of other techniques marketers should follow to increase leads and revenue.
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