Platonik

8 Marketing objectives and campaigns you could explain to your dad

I have compiled 8 marketing objectives in campaigns I’ve previously worked on and explained the business problem, solution and results.

What is marketing?

Marketing helps to sell the right Product that solves the right Problem to the right People in the right Places at the right time with the right Promotion at the right Price; Profitably.

As a marketing consultant I have 6 tools in my ‘bag’ I can use to profitably solve business problems and meet a particular business goal.

  • Product
  • Problem
  • People
  • Places
  • Promotion
  • Price

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What does a marketing consultant do?

We all sort of know what a lawyer does; he solves legal problems.

He will start as a general lawyer then specialise.

Same as a marketer; I solve marketing problems and I specialise in online marketing and my aim is that you generate more than you pay me.

I started with a 2:1 honours degree in marketing from university 26 years ago.

I worked for FMCG brands in marketing, sales, account management, brand management and sponsorship roles.

Then I moved to specialise in online marketing.

I solve online marketing problems using the product, problem, people, places, promotion and place tools I have trained for and applied in the real business world.

I am freelance; I jump from project to project.

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What does a marketing consultant deliver?

Sometimes in a project I create a roadmap for you and your team and you go ahead and implement.

Sometimes I create the roadmap and then I pull in my team to manage and deliver the solution; a website or a marketing campaign.

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Marketing objectives using research

I was fascinated during my marketing university course why people buy; the evaluation of alternative and all that.

My first role in marketing was managing a marketing research function.

I analysed purchasing trends, market shares and consumer buying behaviour that shaped future marketing strategies.

I am a believer of studying users and buyers in the real world not from a survey.

You gain more honest insights about users, their problems, the products they use to solve a problem and opportunities that exist.

Online, I use analytical solutions including Google Analytics, visitor recording systems, heat maps and click maps.

I use keyword research tools to study search, search volume, advertising spend and advertising messages.

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Do you need an online marketing consultant?

Right now I don’t know your business and marketing challenges.

The best way for you decide if you have a need for a marketing consultant is to review previous work I’ve done to see if these problems and solutions resonate with you.

Then we can talk.

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1. Grow business from £2m to £5m in 12 months

That’s a very specific marketing objective.

That’s the brief I received from a fashion retailer recently.

1st, I calculated their core business metrics.

  • Traffic
  • Conversion Rate
  • Transactions
  • Average Order Value
Metric Annual Monthly
Sessions 1,560,400 130,110
Conversion Rate 0.62% 0.62%
Transactions 9680 807
Revenue £735,680 £61,332
Average Order Value £76 £76

2nd, where does the traffic and sales come from?

I then reviewed the source of their customer traffic and the conversion rate.

This looked like this.

Traffic Source Traffic % Conversion Rate Revenue
Social 32580 (14%) 0.12% £2971 (3.27%)
Organic 41460 (22%) 0.42% £13234 (21%)
Paid 95240 (42%) 0.55% £39810 (44%)
Direct 14020 (9%) 1.2% £12786 (21%)
Email 240 (1%) 5.56% £1014 (1%)

3rd, notice anything ?

From these key metrics we can detect problems and opportunities to help decide a marketing plan.

  • Why is conversion rate below industry average ?
  • Why is social conversion 0.12%?
  • Is social traffic paid for ? If so what are your spending on social ?
  • What is the cost of paid traffic and cost per sale ?
  • What is the social return compared to the paid traffic return ?
  • Why is email marketing traffic so low when the conversion rate is nearly 6 %?
  • If organic traffic accounts for 22% of total traffic what is the market potential for traffic?

So many of these questions and answers require internal discussion but from those dialogues I was able to put a plan, budget and resources in plan.

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2. Build awareness and trust

If you’re old enough, you’ve heard the saying ‘no one ever got fired for buying IBM‘.

It means that company buyers of IT equipment trusted this brand and they would not purchase elsewhere.

I worked for a brand who competed against BT and Sky; trusted consumer brands.

Most people would not switch phone, internet and TV services to an unknown brand.

Every time a sales guy phoned a business customer, most could not get beyond the receptionist.

When telesales called potential customers, they replied was “who?”

NTL decided to invest in sponsoring the 2 largest football clubs in Scotland.

In 6 months they went from “who are you” to 90% unprompted awareness.

The return on the £3million sponsorship fee took 6 months from new recurring revenue from business customers who now took the sales meetings with the sales team.

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2 : Communicate product benefits.

When high speed broadband was introduced in 2001, the problem most consumers had was understanding what you could do with high speed internet.

Consumers still used a wire from their PC to plug into their phone line.

They perceived that a cable permanently connected to the socket would result in huge bills or not being able to make a phone call.

To up-sell dial up internet users to broadband users every advertising medium was used; newspaper advertising, direct mail, editorials, outbound sales calls, email marketing.

Sales were very poor and slow.

But monthly targets had to be met.

Then on top of this problem was another obstacle.

There was no more marketing budget left.

So, I took the key problem, “we don’t know what high speed internet is” and created try before you buy demonstration centres.

We needed to purchase 20 desks and computers with money we did not have.

Thankfully desks and computers are not marketing expenses but capital expenditure so I persuaded the accounting department to do some creative book keeping.

I set up 2 demonstration centres for a month and invited dial up customers by email from our customer database to try out high speed internet along with a tour of the football stadium the centres were located at.

One month of demonstrating internet in person resulting in £500k revenue.

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3 : Generate sales leads

One of the tools in a marketers bag is place.

For a client we advertised in a new place where we could reach potential customers and generated 400 sales leads costing 9 times less.

A utility company were paying £106 for every sales lead their sales team.

The company owners decided to try local press advertising and only got 90 telephone enquiries.

So, I ran a Facebook advertising campaign that generated 400 leads in 28 days.

I reduced the cost per lead from £106 to £15.

I reached twice as many people on Facebook than local newspapers 4 times more frequently as well.

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4 : Increase website traffic from search engines

In 3 months we increased our own organic traffic by 238% and website enquiries.

Here’s how I did it.

  • I audited the website.
  • I did keyword research to identify missed opportunities.
  • I removed low quality pages.
  • I upgraded some page content to provide more user and Google value.
  • I created new page content to leverage new opportunities I found.
  • I reached out to industry peers who linked to some of my content.

I followed the same process during the re-development or improvement of existing client websites.

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5. Marketing first, design second

Most businesses need a marketing perspective not a web designer.

When I do marketing consultancy, I view myself as a jockey in a horse race.

I guide the horse round the course from A to B.

From a business perspective, a web designer is no different from a horse.

You’ve seen what happens to a horse when a jockey falls off.

The horse runs aimlessly.

A sports company were using a web designer for all their online marketing activity.

They were spending too much money on routine updates when they should have had a content management system.

Online sales were low; order abandonment was high.

Their pages were not ranking high in Google, there was no CRM or email marketing system to market effectively to prospects and customers.

They trialled Salesforce as a lead and CRM system but it provided too expensive with the customisation required.

We completely revamped their online sales funnel, reduced abandoned orders, increased online sales, reduced their web designer fees, introduced an enquiry and follow up system to convert leads into customer.

They got a content management website, CRM, email marketing system, online shop for less than the cost of Salesforce.

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6 : Grow business nationally

A company only sold their products locally, had a very poor website and absolutely no presence on the search engines.

  • I analysed their competitors.
  • Analysed the size of the market.
  • Proposed they sell online.
  • My team designed and built a transactional website.
  • We provided photography, videos, and search and user friendly content.

Now they get orders and enquiries from businesses around the UK.

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7 : Re-package the product

A company sold advertising space to media buyers; who placed businesses adverts on their ad spaces.

Every month the client (and most competitors) went to London to present what was new to media buyers.

Generally the client could only get a few meetings in a 3 day trip.

Face to face pitching was unprofitable.

The solution was:

  • Identified the details of his 400 advertising spaces.
  • Put all advertising locations on a map on a website to let media buyers search and find ad space to suited to their campaign needs.
  • A list of all buyers was created.
  • Every week 300 buyers (as opposed to 3 per month) were exposed to all the client’s ad spaces.

The client’s sales trebled after 3 months.

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8 : Change perception

A client previously operated as a solo practitioner but was missing business opportunities because his clients perceived one person could not handle their large corporate events.

  • Define the problem he solved.
  • Agree the target audience.
  • Re-packaged his product.
  • Explain the benefits of his product.
  • Find a brand and domain name.
  • Write a brand strategy.
  • My team did the corporate design and brand guidelines.

The strategy we devised was as follows:

Unlike a solo photographer, our nationwide teams manage the before, during and after of photography events of any size to make it a success for attendees and organisers.

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How to define the marketing objective.

This type of questioning will give you an insight into what I do when marketing consulting.

Most businesses starting out need to be profitable as soon as possible.

But many don’t know what their marketing objective is.

1st Question

I asked the client what it costs to run this business each month.

That’s rent, wages, lighting etc.

It’s £4,000 a month.

2nd Question

Then I asked him what people typically spend in his shop each month.

He has 2 other shops and the average person spent about £60 a month.

This is a new shop so we made a pessimistic forecast of £40 average spend.

3rd Question

Then I asked him what was the cost of making the thing he sells.

His production cost is around £8.

4th Question

Then I told the client he needed to factor in a selling cost on top of his production cost.

He agreed to factor in a 10% contribution, £4.

5th Question

The client has £40 average revenue per customer less £8 production cost less £4 sales cost.

Leaving £28 contribution towards the monthly overhead.

6th Question

So to cover his monthly costs, the client needs to sell to 143 customers; £28 x 143 = £4000.

7th Question

The client has set his sights on being profitable and sets down 250 customers per month.

8th Question

Because he has factored in a selling cost per customer (£4) and his goal is 250 customers, he has £1,000 budgeted to help him sell.

9th Question

The client now needs to figure out how to get 250 customers into his shop.

10th Question

Are people aware that his shop exists ?

  • 8,000 cars a day (240,000 per month) drive past his shop; I got a hold of Road Traffic stats.
  • 30,000 people a day (120k a month) visit the Tesco shop across the street from his shop.
  • People park in the Tesco car park and, on average, spend 20 minutes in Tesco; Google My Business local listing told me this.
  • There are 10,000 people that live within 1.5 miles of his new shop; I found these numbers on Google.
  • There are 38,000 people, over 18, who live within 5 miles of his shop; Facebook Ads told me this.
  • So he has 32k + 120K + 10K + 38K audiences who are not aware of his new shop and we have to generate 250 buyers in 30 days into his shop.

What expensive problem does the business solve ?

The client does dry cleaning, laundry and ironing and in December, the expensive problem is people don’t have time.

The message he needs to communicate are:

  • No time for washing, iron, dry cleaning.
  • Visit his shop
  • Show this coupon at shop counter, get 10% off first order.
  • Where can he place this message to get people to come into his shop ?

Places to promote to reach people

The research I did helped define where to reach his potential customers.

  • Passing Traffic
  • Next to Tesco store across the road
  • Target people geographically on Facebook.

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Conclusion

When you have a very clear marketing objective defined then putting a plan into action becomes a lot easier and effective.

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For any online marketing, keyword research, content creation or link building enquiries, drop me a line.