Of the various types of media available to marketers, earned media might seem the most difficult to predict and control. It’s one thing when an organization creates its own content, pays for media coverage and shares it across multiple marketing channels. It’s far more powerful when authentic, authoritative and third-party sources mention your brand and share your thought leadership.
When B2C companies want to create a buzz, attract media attention or take their messaging viral, they may turn to guerrilla marketing tactics. This generally involves using unconventional methods that evoke surprise, wonder or shock in their target audiences.
As the pace of Marketing transformation accelerates, marketers are tackling the hardest task of all: creating value that improves organizational results. Business author Eric Jorgenson says value creation is the foundation for business. In fact, Marketing’s fundamental mission is to create customer-centric profitable growth. A high-performing Marketing function adds tremendous value toward achieving business goals and informing
Marketing encompasses countless business activities aimed at stimulating business growth. With a wide variety of tactics to implement and an increasing level of expertise required, it’s easy for marketing teams to go on overload. To accomplish goals and drive real results, it may be time to outsource. When organizations recognize the need for an outsourced partnership, they free up time for in-house teams to focus on their priorities, while bringing a fresh perspective and new skills to the table.
There’s one cardinal sin when it comes to thought leadership: self-promotional content. In fact, it’s often the first guideline marketers will hear when talking with editors, event planners and podcast hosts. Self-promotion is for marketing assets and advertising, not for thought leadership.
In marketing, a “call to action,” or “CTA,” is a small but mighty element of every marketing initiative. It answers the question “what now?” after a prospect consumes a blog, article, video, advertisement, email or other types of content. The call to action, whether digital or print, encourages prospects to take immediate action. Whether you urge a prospect to buy now, subscribe to a newsletter, schedule an appointment, download a white paper or connect with a customer service rep, effective CTAs keep potential customers engaged and guide them through the buying journey. How can marketers maximize these small but powerful tools in a strategic way?
Wikipedia may not be the first thing that comes to mind when you think about content marketing. Yet, despite the lack of traditional peer review, Wikipedia pages rank at the top of Google search results. This makes it a pillar resource for initial research of all kinds. But can it play a part in your marketing strategy?
A supply chain is the network of those involved with the production and distribution of a company’s products or services. Supply chain operations include the internal and external steps and processes required to design, create, market and deliver products and services to customers. They cross department lines and involve multiple activities, people, entities, data, information and resources.
There’s no doubt that the holidays are a big part of business-to-consumer marketing. Consumer holiday ads from companies big and small are sometimes as familiar to us as decorations and time-honored, family traditions. But is the season ripe for B2B marketers as well?
Using key performance indicators (KPIs) in marketing provides information that, when identified and harnessed, helps keep your business on track for continual growth. These measurements, however, are not just about sales revenue or clicks. To use marketing KPIs requires a deeper understanding of behaviors and data which tell the “rest of the story.”
Personalization is becoming a strategic marketing imperative. Marketing personalization uses data to deliver customized brand messages to individual prospects and customers. Unlike traditional marketing, which casts a wide net, personalized marketing delivers the most relevant message at the ideal time through the right channel.
When it comes to marketers, there are two basic groups of professionals. The first, considered the “old guard” takes a traditional approach with marketing values, tapping into the subconscious of their target audiences, digging deep into buying motives and psyche. The newer generation of marketers was raised with the internet and has been trained in a digital-first era. But what would happen if we could combine both skill sets?
Business leaders have discussed the differences and similarities between sales and marketing for years. Too often, the conversation ends there, without any clear and actionable takeaways. Yet, there are many insights to be gained that can lead to better sales results, deeper understandings of one another’s needs, and more camaraderie, collaboration and engagement. This process is known as sales enablement.
Most companies understand the importance of the marketing planning process. They create plans that include quantifiable goals, activities to engage in, assignment of responsibilities and a budget to fund the plan. That process, however, overlooks one key element: a strategic approach to marketing. When it comes to marketing, strategy should be the foundation or cornerstone of the marketing plan.
In 2020, we faced significant challenges in the way we communicated, engaged and conducted business. From a marketing perspective, trade shows, conferences and other events were among the traditional initiatives that suffered the greatest losses. Cancelations due to the COVID-19 pandemic negatively affected revenue and profits for hotels, convention centers, restaurants, transportation, travel and others that sell at these venues or support events on a global scale. To compensate, event marketers needed to adapt quickly. And one of the solutions that evolved was the shift from in-person to virtual events.
There are four categories of media that help shape and define multichannel marketing—an essential strategy to use to expand marketing outreach. While 95 percent of marketers say they know how important multichannel marketing is for reaching their target audiences, only 73 percent say they have a multichannel program in place.
The American Marketing Association defines a brand as, “a name, term, design, symbol, or any other feature that identifies one seller’s good or service as distinct from those of other sellers.” While a brand is about distinction, it’s not just differences in products or services. Instead, a brand is about the unique perceptions and experiences you want to be known for in the marketplace.
A recent Kaiser Family Foundation study found that nearly 40 percent of Americans believe the stress of the COVID-19 pandemic has negatively affected their mental health. While recognizing the need to encourage good mental health in the workplace is not new, it has become more complex.
Since the introduction of the first public relations agency more than 100 years ago, public relations (PR) has evolved significantly. Our communications channels shape and reshape public relations. These channels include traditional mediums such as newspapers, radios and television. Newer channels used by PR include the internet and digital communications.
Four Types of Target Marketing Before you can dive into the details of target marketing, consider these common marketing approaches to identify the best communications strategy for your audiences. Mass marketing (or undifferentiated marketing) is the most encompassing marketing technique and essentially ignores segmentation. In mass marketing, the organization sells to the largest audience possible
While event marketing looks different in 2020 (and perhaps into the future), it doesn’t mean it is any less powerful. If anything, buyers and sellers are looking for more effective and efficient ways to connect. For organizations whose lifeblood is event marketing, consider some of these alternative methods in our new normal environment.
Companies invest a lot on marketing communications. In the United States alone, in 2019 businesses spent more than $197 billion on marketing. In B2B companies, marketing grabs an average of 11.5 percent of the total budget. But is all that money well spent? And more fundamentally, does marketing actually work? A marketing ROI analysis can help answer those questions.
It’s an understatement to say that 2020 has been a challenging year. And to make matters worse, the dust hasn’t settled yet. When it comes to global health crises, social upheaval, major job losses and business closures, the resulting social challenge and economic hardships are overwhelming. “We’re all in this together” is the common refrain. Yet, knowing that we aren’t alone in these struggles is not particularly comforting.
A reputable and robust brand is essential to any company’s marketing arsenal. However, a brand is much more than an eye-catching logo and color scheme (although those are important too.) A brand represents the totality of who the company is as an organization. It captures and communicates the values it holds and shares with its stakeholders.
