Strategy & Funnel Building

A funnel in marketing is a breakdown of the setups / path a user has to take to become a customer. This can start with awareness (TOFu, which means Top of Funnel), Engagement (MOFu – Middle of funnel), and conversion activities (BOFU – bottom of funnel).

If you don’t have the time, expertise, or resources to develop a strategic marketing strategy on your own, you may want to consider hiring a strategic marketing agency. Our agency can help you with research, planning, implementation, and tracking. We can also help you create goals and objectives for your marketing campaigns while also handling the execution of these campaigns. This allows you and your team to focus on running the business, and our team is held accountable for the marketing strategy’s results.

• Start with your business goals and objectives.
• Understand who you want to sell to.
• From there decide where that person would potentially find your business. Identify how much that will cost to get in front of them.
• Estimate how many customers would have to see your advertisement in order to purchase.
• Calculate how much you’ll make once that sale comes through.
• Identity whether that channel is affordable for you to acquire your customers
• Define what tasks need to be completed in order to operate that campaign
• Set clear measurements of whether the campaign was successful
• Once the campaign is over, update and revisit your plan

The biggest thing to keep in mind when you are trying to execute is clearly defining what you want to be done:

• Identify who is responsible for it
• break out the laser-specific steps that need to be completed
• Communicate expectations with the relevant team members/contractors
• Give space for questions
• Follow up and confirm once the deliverables are completed
• Review what went well, what didn’t go well, and what can be done next time
• Use the learnings for future marketing plans/strategies

A successful digital marketing strategy includes a clear understanding of your target audience, a strong online presence (website, social media), SEO, content marketing, email marketing, analytics, and adaption to technological advancements and market trends.

A marketing plan is an element of your business plan. It should outline how you want to reach your customers, what message you’ll send, and how you will profitably grow your business with affordable marketing strategies. Your business plan should be an all-encompassing document that outlines all the areas you need to operate your business successfully.

In the realm of marketing, the concept of TOFu, or “Top of Funnel,” plays a pivotal role in the customer journey. This stage is all about the initial engagement with potential customers. It’s where individuals first encounter your brand or service, marking the beginning of their journey from prospects to customers. At this level, the focus is on creating awareness and sparking interest, leveraging various activities designed to introduce the brand and its values to a wide audience. These activities could range from content marketing, social media engagement, and advertising campaigns to SEO strategies, all aimed at making that crucial first impression.

Following the TOFu stage is the MOFu, or “Middle of the Funnel.” This subsequent phase is where the initial awareness is nurtured into consideration and preference. The strategies become more targeted, focusing on deepening the relationship with those who have shown interest at the TOFu stage. This might involve more detailed content, email marketing, targeted offers, and more personalized engagement strategies designed to build trust and convince the potential customer of the value of the product or service. Together, TOFu and MOFu form essential components of a successful marketing funnel, guiding potential customers from initial awareness to a readiness to engage further or make a purchase.

Inbound marketing involves creating and sharing content and using other marketing techniques to attract potential customers to contact your business first. This could be through requesting a quote, making a phone call, or other methods of initial contact. Most companies prefer this approach to outbound marketing, which typically includes cold calling and prospecting.

CRM stands for Customer Relationship Management. This is the tool/software your organization uses to track communications with your prospects and customers.

Utilizing a CRM is extremely important for every business.

There are various ways to measure the success of digital marketing campaigns, including monitoring website traffic, engagement on social media, conversion rates, and ROI. Analytics tools such as Google Analytics can also provide insights into how users interact with your website, helping you make data-driven decisions about your digital marketing strategy.

Ensuring a marketing agency’s approach aligns with your business goals starts with clear communication and a mutual understanding of your objectives. Begin by explicitly stating your business goals, target audience, brand values, and expectations. This will help the agency develop strategies tailored to your specific needs. It’s also important to discuss and agree upon key performance indicators (KPIs) that will measure the success of the marketing efforts about your goals. Regular meetings and updates are crucial to stay aligned.

Whether to outsource or keep in-house depends on your team’s expertise, resources, budget, and specific business needs. Outsourcing can provide specialized skills and perspectives, while in-house development ensures closer alignment with the company’s culture and goals.

Digital Marketing is an all-encompassing term that includes marketing methods using digital methods. This can be online advertising, this can be social media, etc.

A strategic marketing agency can help your business grow by providing customized marketing solutions that are tailored to your unique needs and goals. From market research and brand strategy, to advertising campaigns and social media marketing, a strategic marketing agency has the expertise and resources to help you reach new audiences, increase your online visibility, and drive growth. By working closely with you to understand your business, target audience, and goals, a strategic marketing agency can help you create a marketing strategy that is both effective and efficient.

If you’re a business owner, you may be wondering whether you need a website. The short answer is: it depends on your goals and your target audience. A website can be an effective tool for businesses of all sizes, but it’s especially important if you want to:

• Grow your business: A website can help you reach more customers, both locally and globally, and expand your reach beyond your immediate location. With a well-designed website, you can showcase your products or services, share valuable information with your audience, and build a strong online presence that helps you stand out from the competition. Read more about how a website can grow your business.
• Build credibility: Customers are more likely to trust businesses with professional-looking websites. A website can help you establish credibility and trust with your audience, which can translate into increased sales and customer loyalty. Learn more about how a website improves your credibility.
• Make it easy for customers to find you: Customers can find your website using search engines like Google, even if they don’t know your business’s name. This makes it easier for potential customers to discover your business, learn more about what you offer, and make a purchase. Learn more about how a website improves your visibility.
• Sell products or services online: A website allows you to sell products and services directly to customers without any middlemen. This can be especially useful if you have a small or niche business, or if you sell products that are not widely available in physical stores. With an online store, you can reach a wider audience and make it easier for customers to shop with you. Learn more about how a website can help you sell more products or services online.

If any of these reasons apply to your business, then it’s worth considering building a website. Even if you already have a physical storefront, a website can be a powerful complement to your brick-and-mortar operations. It can help you reach more customers, build credibility, and streamline your sales process. So if you’re ready to take your business to the next level, it’s time to start thinking about building a website.

Strategic marketing is a comprehensive approach that aligns marketing efforts with a company’s long-term goals. It involves market research, understanding customer needs, and developing targeted strategies to differentiate a brand from competitors. The primary aim is to create a sustainable competitive advantage by effectively reaching and engaging with the target audience.

Market research and analysis are the starting points, involving data collection on customer preferences, competitor activities, and industry trends. This information guides the development of effective marketing strategies and informed decision-making. A core component is segmentation, targeting, and positioning (STP), which divides the market into distinct groups, selects target segments and creates a unique brand image.

Setting clear, measurable objectives that align with business goals, such as increasing market share or driving sales growth, is vital. The marketing mix strategy around the four Ps—product, Price, Place, and Promotion—includes designing products to meet customer needs, setting competitive prices, distributing through appropriate channels, and implementing promotional activities to communicate value.

The brand strategy focuses on creating a solid brand identity through defining values, messaging, and visual elements that differentiate the brand and build customer loyalty. Implementation and execution involve coordinating marketing activities to align with strategic objectives.

Continuous monitoring and evaluation measure performance against objectives, track critical metrics and allow adjustments to improve effectiveness. Strategic marketing is essential for building a competitive advantage, enhancing customer relationships, and driving long-term growth. By aligning marketing efforts with business goals, companies can navigate market changes and achieve sustained success.

CPA, or Cost Per Acquisition (sometimes called Cost Per Action), is a crucial digital marketing metric measuring the cost incurred to acquire a customer or lead through a marketing campaign. It helps businesses understand how much they are spending to achieve specific conversions, such as sales, sign-ups, downloads, or other defined actions. Calculating CPA involves dividing the total cost of a campaign by the number of conversions it generates. For instance, if a company spends $1,000 on an advertising campaign and acquires 50 new customers, the CPA would be $20.

Understanding CPA is essential for several reasons. Firstly, it aids in budget management by allowing businesses to allocate their marketing budgets more effectively. It helps determine which campaigns are cost-efficient and which need optimization or discontinuation. Secondly, a CPA provides a clear picture of campaign performance; a lower CPA indicates efficient conversion at a lower cost, while a higher CPA suggests improvements.

Additionally, CPA is directly linked to return on investment (ROI). Businesses can assess the profitability of their marketing efforts by comparing the revenue generated from conversions against the cost of acquiring those conversions. Marketers use CPA to identify and optimize high-performing channels and strategies, making data-driven decisions to enhance campaign performance and reduce unnecessary expenditure.

When choosing a strategic marketing agency, it is important to consider your specific needs and objectives. You should also research various agencies to find one that is a good fit for your business.

Assessing the credibility of a marketing agency involves several key steps. Firstly, review their portfolio and case studies to evaluate their experience and the results they’ve achieved for other clients. Look for detailed case studies demonstrating a clear understanding of client objectives and how they were met. Client testimonials and reviews can also provide insight into the agency’s reliability and quality of service. Secondly, check their industry reputation. This can be done by looking at awards, certifications, and memberships in professional associations. These often indicate an agency’s commitment to industry standards and continuous improvement.

Traditional marketing uses offline channels like print, radio, and TV, focusing on a broad audience with limited interaction. Digital marketing uses online channels like social media, email, and search engines, offering targeted, interactive, and data-driven campaigns with real-time feedback.