MarketingNerd

About this marketing blog…


My name Is Matt and I am a huge marketing nerd. My marketing blog is about providing practical marketing advice & tips you can apply to your business and campaigns today.

Feel free to get in touch or just say hello.

Can you answer these questions about your marketing? Part 1

In my opinion what sets good marketing apart from “bad marketing”  is getting the basics right.

By this I mean having actionable data on customers and the market that dictates the direction of a company’s marketing.

Going from good to great requires imagination and flare, however, to get to great you first need to be good.

Below are a collection of basic questions you should be able to answer about your business marketing (part 1).

You can read part 2 here.

What are your main sources of referrals (traffic & sales)?

This may seem like the most obvious question, but from my own experiences, there are a lot of small businesses that can’t answer this using data.

They rely on personal opinion or guess work. I’m sure you know this, but having a clear understanding of which channels send you the most traffic and sales means you can focus on the areas that are working and drop those that aren’t.

This in turn saves you money and increases sales.

How to get this information:

How many of your customers would recommend you?

A happy customer is valuable, a brand fan is worth their weight in gold. Customers who proactively recommend you without you bribing them are your most powerful marketing channel.

The question is what percentage of your customers would recommend you?

Knowing this figure will give you an insight in how happy/ unhappy your customers are with you, and provide you with actionable ideas to improve if necessary.

How to get this information:

Ask them! Using the Net Promoter Score to benchmark your customers, send a survey simply asking them “On a scale of 0 – 10, how likely are you to recommend us to a colleague or friend?”.

You can then categorise your customers in to three groups:

To calculate your company’s Net Promoter Score, we take the percentage of customers who are Promoters and subtract the percentage who are Detractors.

To put your results in to context, the iPhone is 67% and Sony is 39%. The challenge is to

What are the most important factors for your customers when choosing a supplier?

Do your customers make their purchase decision based on price, features, customer support, geographic location, reputation etc.?

I’m sure these are all important, but which are the primary motivators for them?

Once you know this, you can start to tailor your entire customer facing collateral to emphasise these elements.

How to get this information:

How effective are your offline marketing channels?

Magazine, newspaper, radio, PR and other offline marketing are all notoriously difficult to track effectively, especially for small businesses.

This is in part one of the reasons online marketing has seen its share of the budget grow.

National and international businesses spend a fortune on tracking brand and campaign awareness, but this just isn’t feasible for small businesses.

The reality is, it is going to be tough and the results will not be deadly accurate but it is not impossible.

How to get this information:

Which keywords are you targeting for search engine optimisation (SEO)?

90% of SEO is surprisingly easy for anyone to do, seriously. If you spend a couple of hours reading up on the basics you’ll find much of it is within your control and very straight forward.

I would recommend starting with this free guide from SEOmoz.

Additionally much of SEO is based around keywords. These are the words and phrases people search for in the likes of Google.

Google determines which websites are most relevant largely based on their use of keywords on their website and the keywords used to link to them from other websites.

You can increase the amount of traffic you get from search engines by targeting the most searched for keywords in the industry.

How to get this information:

Read part 2!

I have written another set of marketing questions you should be able to answer, which you can read here.

Author

Hello! My name is Matt and I have a serious passion for anything marketing related, both academically and professionally. I started writing this blog as a way of expressing my thoughts and opinions on marketing, and in response to the number of theoretical blogs out there that presume unlimited resources. My focus is on providing realistic and practical marketing advice you can apply to any business and campaign.

    Comments 3
    • Brad Smith
      Posted on

      Brad Smith Brad Smith

      Reply Author

      Great post Matt! I’m really glad you included the Net Promoter Score… I’ve been trying to implement it more with KISS Insights. It’s definitely the best/easiest way to judge your product/service.


      • Matt
        Posted on

        Matt Matt

        Reply Author

        Thanks Brad. I’ve used NPS at work and it’s a good way to gauge how you are performing and benchmark performance over time.


    • Jerry
      Posted on

      Jerry Jerry

      Reply Author

      Great post!!


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