by Fronetics | Mar 30, 2016 | Blog, Marketing
Use these six metrics to communicate the success of your marketing efforts to your boss.
If you are responsible for marketing for your company, you may feel that your tireless efforts are sometimes difficult to quantify to your boss. Much of what we in marketing do is behind the scenes, measured by myriad metrics that demonstrate our strategies are at work. Oftentimes, those metrics do not necessarily speak the same language as our boss.
We are motivated by website visits, conversion rates, generated leads per channel, engagement on social media platforms, blog post shares, email click-through rates, and many other methods that can illustrate the success of today’s marketing campaign. But when you are trying to present the impact of your marketing strategies to your boss, it is hard to demonstrate all of this with measurable results.
You probably sense this, too — a sort of unspoken question mark hanging in the thought bubble over your boss’ head. You share that email click-through rates went up 40%, and there is a blank expression on his or her face. You suspect your boss may not fully appreciate the importance or the overall impact of your work.
And you are probably correct. Bosses theoretically understand that a solid marketing team can directly impact your company’s bottom line, but a whopping 73% of executives don’t believe that marketers are focused enough on results to truly drive incremental customer demand.
Your boss is looking for marketing metrics that matter to him or her, ones that they clearly see a result (or a connection) in customer acquisition or increased sales. This means you must be prepared to report on data that deals with the total cost of marketing, salaries, overhead, revenue, and actual new customer acquisitions.
Six Marketing Metrics Your Boss Wants To Know
There are basically six marketing metrics that your boss is interested in. Here is a brief overview:
- Customer Acquisition Cost (CAC): This is a metric used to determine the average amount your company spends acquiring a new customer. Take what your company spends in marketing costs, divided by the number of new customers it produced. There you have the price of each new customer.
- Marketing Percentage of CAC: This is taking your marketing department costs and dividing it by the total cost of both sales and marketing to determine how much your company is spending on marketing as it relates to the what you spend to acquire new customers. A low marketing percentage of CAC shows that your marketing programs are relatively inexpensive for the results they are producing.
- Ratio of Customer Lifetime Value to CAC: This is an estimate of total value that your company derives from each customer, compared with what you spend to acquire that new customer.
- The Time to Payback CAC: This calculation demonstrates how many months it takes for your company to earn back the CAC it spent acquiring your new customers.
- Marketing-Originated Customer Percentage: This takes all of the new customers from a set time period and examines what percentage of them started with a lead generated by your marketing team.
- The Marketing-Influenced Customer Percentage: This is a metric that highlights all of the new customers that marketing interacted with while they were leads, anytime during the sales process.
When reporting to your boss about the most recent marketing results, it’s crucial to convey your performance in a way in which he or she can quantify the results in terms of impact to the company. Rather than focusing on “soft” metrics like per-post Facebook engagement, use the top six metrics that demonstrate how the marketing efforts led to new customers and what those customers are worth to the company’s growth and success.
For more tips on how to calculate and demonstrate theses metrics, download our cheat sheet on how to show your boss the measurable value of your marketing strategies.
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by Fronetics | Mar 22, 2016 | Blog, Content Marketing, Leadership, Marketing
Meet five women who are changing the face of digital marketing at their big brands.
March is National Women’s History Month, and thus we’ve been talking a lot about female leadership, the gender gap, and related issues. Today I’d like to call attention to five outstanding women behind big brands who are taking the digital marketing world by storm.
Here they are, in no particular order:
Yin Woon Rani
VP Integrated Marketing
The Campbell Soup Company
Camden, NJ
You may have seen the commercial where a mom, pushing two wild kids in a shopping cart, exasperatedly grabs a bottle of wine and a few cans of soup as the report of an epic, school-canceling snowstorm plays over the loudspeaker. It’s part of Campbell’s Soup’s Made for Real, Real Life campaign (#RealRealLife), the brand’s first integrated advertising campaign in more than five years. The collection of 11 ads has run across TV, digital, and social channels over the last five months. As VP of integrated marketing, Yin Woon Rani has helped drive the campaign’s success as part of her efforts to modernize the marketing program.
Rani has helped reposition several of the Campbell’s Soup Company’s brands to better resonate with a contemporary audience. Overseeing the advertising, media, design, digital, and social media disciplines, she has helped accelerate the company’s digital and content marketing program. Rani also championed an increase in digital investment — which will shift to be around 40 percent of the media buy, up from 22 percent last year.
Pamela Vaughan
Principal Marketing Manager, Optimization
HubSpot
Boston, MA
As principal marketing manager for optimization at HubSpot, Pamela Vaughan helps grow traffic and conversions from the company’s various marketing assets, with a special expertise in blog optimization. She has played a leading role in optimizing the HubSpot blog, which receives 1.5 million visitors and generates 14K+ new leads each month.
Vaughan’s recent post, Why We Unsubscribed 250K People From HubSpot’s Marketing Blog & Started Sending Less Email, illustrates her marketing-savvy and commitment to user experience. She’s definitely one to watch as content marketing continues to evolve.
Adrienne Lofton
SVP Global Brand Marketing
Under Armour
Baltimore, MD
Adrienne Lofton leads the team that serves as Under Armour’s brand compass and communicates the company’s “underdog” attitude to millions of athletes across the globe. A former captain of the Howard University NCAA Division I women’s volleyball team, Lofton has championed the company’s focus on the athlete, rather than the apparel outright. This ethos permeates the brand’s digital presence, and is a main part of the strategy that, no doubt, has helped Under Armour become the second largest sports apparel company in the U.S.
Pushing for confident and inspirational messaging, particularly for women and young girls, Lofton has driven several marketing campaigns that have taken the company’s digital presence to new levels. Videos from the “I Will What I Want” and #RuleYourself campaigns — created in collaboration with agency Droga5 — have reached viral status on social platforms. In particular, the #RuleYourself video featuring the USA women’s gymnastics team had nearly 10 million views on Facebook in just 3 weeks.
Alex Hisaka
Head of Global Content Marketing
LinkedIn
San Francisco, CA
Alex Hisaka has scaled LinkedIn’s content marketing efforts to impressive proportions. Her team plans, creates, and markets content for all stages of the buying process, producing daily blog posts and almost-weekly ebooks, which has had a massive impact on business. With a background in copywriting, design, and social marketing, Hisaka oversees much of the work herself — and her high standards are well known and much praised by her colleagues.
Hisaka adamantly believes in the social value and authenticity of content marketing and how it can bring audiences together in a mutually beneficial relationship. She has become a leading voice in content-led lead generation and strategy. We look forward to hearing more from this talented marketer.
Alexandra Wheeler
VP Global Digital Marketing
Starbucks
Seattle, WA
As vice president of global digital marketing over the last decade, Alexandra Wheeler has helped Starbucks strengthen the connection between the physical and digital worlds. This bridge is a key part of the brand experience, and one that Wheeler believes deepens the company’s relationship with its customers. Starbucks is recognized as one of, if not, the most socially engaged brands in the world, and business performance has mirrored digital growth.
Wheeler cites authenticity as central to the company’s success in the digital space. For example, when the team noticed customers posting selfies with their frappuccinos, they encouraged the #sipface campaign, which boasts over 15K posts on Instagram. Leveraging an authentic customer sentiment on the platform where they were already engaging is right up Starbucks’, and Wheeler’s, alley.
Who do you admire in the digital marketing world?
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by Fronetics | Jan 21, 2016 | Blog, Marketing, Social Media
The LinkedIn Mobile App can help you grow your marketing program from the comfort of your phone.
Increasingly people are on the move, and smart phones are on the rise. In 2015, 64% of adults had a smartphone, up from 35% in 2011. Worldwide there are 3.7 billion unique mobile users. Those numbers are growing rapidly.
With the rise of mobile access and technology, people use phones in many of the same ways they use computers. You can scan, email, write, research, talk, bank, and — thanks to the LinkedIn Mobile App — apply for jobs, post articles, communicate, and engage with peers.
LinkedIn believes the app is “a faster way to tap into your professional world. Get news and info that matter for your professional day, a daily brief on what’s happening in your network, and a quick way to reach out and keep in touch.” Sounds good for those of us who rely heavily and increasingly on our phones.
Here are some ways in which you should be using the LinkedIn Mobile App to help your marketing efforts:
1. Update
A cornerstone of inbound marketing, writing updates and engaging daily (or hourly) with connections is important. Within an update you can include text, links, and photos and mention other LinkedIn members. You can also choose to share your update with your entire LinkedIn network and/or first-degree connections and/or your Twitter feed.
2. See who’s looking
Discover who has viewed, liked, or commented on your profile and content. The app lets you reply directly if you’d like.
3. Engage
Keep up with your network by finding, commenting, liking, and sharing. Repeatedly, we hear of the importance of engaging with connections and truly trying to value their posts, especially before sharing your own agenda.
4. Edit your profile
Notice a mistake on your company profile? Make an immediate change, even without your computer. Maybe you’re at a business meeting or out to dinner, and you notice that something hasn’t been updated on your company profile. You can fix it immediately.
5. Send & receive messages
This is a staple, and one that is critical. Again, if you’re at a business meeting, at a conference, or just without your computer and you need quick access to someone who you don’t have in your smartphone address book, you can find them and contact them through the LinkedIn Mobile App.
You can also access Lynda.com to watch tutorials and get training, get daily updates from LinkedIn Pulse, use LinkedIn Lookup to find connections, and use LinkedIn SlideShare to access over 18 million tutorials, infographics, and professionals.
There’s no need to cease connecting or marketing when you’re without your computer. The newly updated LinkedIn Mobile App can help you get the job done efficiently.
by Fronetics | Jan 18, 2016 | Blog, Content Marketing, Marketing, Strategy
Improve your content marketing strategy in 2016 by following these six tips.
We know that content marketing is a highly effective tool for companies of all shapes and sizes, be they B2C or B2B. (If you’re not using inbound marketing, here are five reasons why you should be.) But, considering this strategy takes considerable time, effort, and resources, are you getting the most out of your efforts?
Long gone are the days when a weekly blog and vague presence on social media will cut it — 2016 is calling for a diversified content marketing strategy that speaks to today’s sophisticated consumer base.
Here are 6 ways to improve your content marketing strategy in 2016:
1) Be mobile-friendly.
Google announced in May 2015 that the number of searches on mobile devices has now surpassed those conducted on desktops in the US. And we know that reality isn’t limited to personal Internet use. Evidence suggests B2B buyers are increasingly using mobile devices to do research, make inquiries, and purchase products. If your website isn’t mobile-friendly, your company is missing out the significant share of customers who demand mobile-optimized content. What’s more, Google now penalizes non-mobile sites in searches, meaning your website will fall further below the fold, as more companies cater to smartphone screens.
Here’s how to make your supply chain website mobile-friendly.
2) Diversify your content.
A blog for which you provide regular, original content is an excellent start . But, unfortunately in this day and age, it’s not enough. Offering content in different formats provides a richer experience for your leads, adds depth to your brand identity, and allows you to reach and connect with more consumers. There are a dizzying number of options out there, including podcasts, slideshares, videos, graphics, ebooks, and whitepapers, to name a few. Choose a couple that fit your brand best, and see where they take you. Which leads me to…
3) Do video.
Video is not just for funny cats and cover artists anymore — it’s the most popular form of content being consumed online. YouTube is the second largest search engine in the world, with more than one billion users conducting over 3 billion searches per month. What’s more, the number of videos uploaded to Facebook has increased by 94% over the last year, with more than 50% of Americans who use Facebook daily viewing at least one video per day. Some brands have capitalized on this trend. (See the Budweiser puppy commercial, viewed over 30 million times.) But there is a lot of potential there for businesses in all industries — a little creativity and some time and effort adding video to your content marketing suite could really pay off.
4) Tug at the heartstrings.
There’s a reason the Budweiser puppy video has enjoyed so much success: we love a feel-good story. An ad that evokes strong emotions makes us associate those feelings with the brand. Studies show that emotions play a leading role in B2B purchases, too, and your content marketing should leverage that idea by telling great stories and by promoting the value you offer. Content that tells a great story connects people to your brand on an emotional and intellectual level, helping earn their trust and loyalty. Similarly, by touting figures that illustrate the value your company offers its customers — like money saved, convenience, or top-of-the-line performance — you remind people what it is you can do for them. And there’s no better way to win hearts (and leads) than reminding them what they’ll get out of your relationship.
5) Focus on relationship marketing.
HubSpot identifies relationship marketing as the #1 game-changing marketing trend to tackle in 2016. While this term largely falls under the CRM umbrella, it can play an important role in your content marketing strategy as well. Providing existing customers with custom-tailored content and information shows that you understand their needs, and it makes communications infinitely more personal. You’re not just blasting out some mass communication that ignores the facts that you know about your client — for example, a mass email titled “Baby it’s cold outside!” to a client based in Florida. Modern technologies like geo-targeting and CRM software make personalizing content and communications much easier, but it will still take extra time and resources. That’s the (absolutely worth-it) cost of long-term, loyal customers earned through relationship marketing.
6) Seek professional help.
Even if you’re part of the 58% of companies that handles content in-house, a little help from the experts will only improve your results. Hiring an SEO-savvy copywriter, for instance, can impact your bottom line. Or working with a firm like Fronetics can help you develop and execute a content marketing strategy designed to grow brand awareness and to meet your specific business goals. Here are six other digital and content marketing tasks to outsource. A fresh perspective from outside your company may be just what your marketing efforts need to excel in 2016.
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When it comes to marketing we work with our clients to create and execute strategies that drive success and elevate their brand position within the industry. Unlike other firms, we align marketing programs with business objectives and, through a data driven approach, are able to deliver results with a targeted ROI. Our team is comprised of strategists, marketing professionals, writers, designers, and experts in social media. Together we leverage our experience to increase brand awareness, position our clients as thought leaders, drive meaningful engagement with prospects and customers, and help businesses grow. Learn more about what we do.
by Fronetics | Aug 27, 2015 | Blog, Content Marketing, Marketing, Social Media, Strategy
Content marketing has become a key marketing strategy for many businesses. Statistics show that content marketing generates three times more leads than traditional marketing methods – and those leads cost an average of 62% less. At Fronetics, we’ve built our content marketing services around one goal – helping our clients grow. We’re harnessing the power of content to help our clients connect and engage with leads and prospects in meaningful ways. And our clients are enjoying faster growth and higher profits because of it.
How do we use content to support our clients in their business growth?
We create quality content that helps our clients connect with leads and customers in a number of ways. First, we appeal to and engage potential customers by creating relevant content that’s aligned with the needs of our client’s target audience. Then, we nurture those leads into customers by proving the value of our clients’ products and services. Even after they become customers, we work to create positive customer experiences that make it easy for them to recommend our clients to others.
Services offerings
Here’s a quick breakdown of some the service offerings included in our comprehensive approach to content marketing:
Content strategy
Research has shown that B2B and B2C companies with a documented content strategy in place are more effective than those without one.
At Fronetics, we work with our clients to create a content strategy individualized for their specific situation and needs. We learn about our client’s business, target customers, industry, and competition. We also conduct an audit of current content and digital assets. All of this information is used to create an effective content strategy.
Content creation
There is a lot of content out there. If you want your content to stand out and drive profitable customer action you need quality content. At Fronetics, we create quality content that is keyword-optimized. Also, unlike other firms, we don’t outsource content creation. By keeping all content creation in-house we are able to ensure a quality product.
Lead generation
Once we’ve helped our clients draw visitors to their website, we work to identify potential customers and manage their leads. We create and couple high-value content like white papers and eBooks, with strategic calls-to-action that direct visitors to landing pages expertly designed to convert website visitors into leads.
Lead nurturing and customer acquisition
We work closely with our clients to develop a lead nurturing strategy to convert leads into paying customers using email and marketing automation. By segmenting leads and sending them targeted content designed to catalyze engagement, we help our clients build relationships – and importantly, trust.
Social media
Social media is an incredible tool; however, for it to be effective it must be driven by strategy, be consistent, and must have someone managing the execution. At Fronetics, our social media strategists distribute content, curate content, engage your target audience, and monitor your social networks. We develop a social media strategy that aligns with your company’s goals. We analyze your competition, classify your target audience & cultural attributes, identify the influencers in your industry, recommend platforms, detail best engagement practices, create social media schedules, and identify specific tactics that deliver results. Through the proper execution of social media, your brand is given a voice and personality, and becomes more accessible to your target audience.
Analytics and reporting
At Fronetics we take a comprehensive data driven approach to marketing. Metrics measure success, drive strategy, and demonstrate ROI. We provide our clients with monthly marketing reports.
In short, our content marketing strategies drive success for our clients. The Fronetics team is comprised of strategists, marketing professionals, writers, designers, and experts in social media. Together we leverage our experience to increase brand awareness, position our clients as thought leaders, and drive meaningful engagement with prospects and customers – all with the goal of helping our clients grow.
Get in touch with us today for a free consultation to find out if our retainer services, full or half day workshops, or a personalized service offering is right for your business. See how Fronetics can help your business grow.
