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It’s never too late to add some festive flair to your digital marketing – from daily posts related to the Twelve Days of Christmas to advent reveals with secret discount codes. If you’re looking for some extra ideas to help your business stand out above your competitors then read on for some last minute, seasonal inspiration:
Don’t let the silly season get you down, we are always on hand for any creative remedies, marketing or website conundrums. Contact us to find out how we can help your business with creative Christmas ideas, Google My Business ailments or some content magic! Book a Free Consultation >
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We have talked before about the importance of marketing including making sure you have a marketing strategy and a budget. But in the current economic climate businesses are looking to make savings wherever they can and you might be questioning the value of marketing. This month we thought we’d take a look at how you can measure whether your marketing is giving you a good ROI (Return On Investment) by comparing how much you are spending on marketing with the revenue created. How to measure marketing ROI
There is a simple formula you can use to measure marketing ROI but first you need to gather certain metrics:
Customer Lifetime Value (CLV) CLV is another useful measure of ROI – a simple formula for calculating your CLV is: CLV = (Average value of a transaction) x (Average number of transactions) x (Customer lifespan) CLV is a great marketing analytic because it tells you how much a customer is likely to spend with you and gives you insights that will help you plan your marketing strategies. But ROI isn’t just about financial measurements, you can also get a good indication of ROI from other sources:
How you can Improve your ROI
Is your business marketing in need of a boost? Creative Remedy can help improve your ROI with a bespoke prescription for your business. Get in touch to find out more. If you want your marketing campaigns to be successful you need to understand your ideal customer. Knowing who your ideal customer is and what they want and need will help you concentrate your marketing where it is needed but it requires a bit of research and patience. If you don’t do the hard work to find your customer avatar you will just keep targeting everyone in the hope to get a hit - which is costly and inefficient. What is a Customer Avatar?
If you haven’t already guessed, a customer avatar is your ideal customer - not your average customer - but the perfect customer who will want to purchase from you again and again. Once you have discovered your customer avatar you can build a strong marketing strategy and improve your user experience. Why you need a Customer Avatar
How to Create Your Customer Avatar Do your research - If you are an established business then you have a great starting point as you can ask your customers for feedback:
Build Your Customer Avatar - Give your fictional customer a name and try to get a picture of them in your mind. Think about their demographics ie age, gender, income etc.
It’s likely your business will have more than one ideal customer, depending on the services and products you offer. If this is the case you will need to repeat the steps and create an avatar for each one. Short Term Pain for Long Term Gain! If you are willing to put in the hard work now and create your customer avatar(s) you will have much higher success with your marketing and sales. You will be able to focus your marketing spend to the right areas, improve engagement and build a strong, loyal customer base. Need help building your avatar? Contact Creative Remedy for more information. On 31st of October in a number of countries, “Halloween” or “All Hallows Eve”, the eve of All Saints Day is often celebrated by children, and adults! dressing up in frightening costumes. Not everyone supports the view of Halloween but nevertheless it is another business marketing opportunity that can be marked in the calendar. 1. Give Away Branded Treats
Give away branded treats with every purchase or order. Cupcakes and treat bags are always popular but think a little outside the box… it might just grab you a bit of attention! 2. Hold a Halloween Event Be part of the Halloween spirit and if appropriate make it a dress up day at work. 3. Halloween Themed Graphics Create spooky or Halloween themed graphics and add a funky graphic to your branding... this can used on your social media and website. 4. Get Creative with #Hashtags or Voucher Codes! You can brainstorm a bespoke hashtag or voucher code for your customers to use to promote how they use your products or services or to save money on products and services just for that day. #Halloween2021, #Boo, #FindTheSpider, #TrickOrTreat 5. Hold a Halloween Competition Hold a Halloween competition with public voting on a specific theme e.g. For a veterinary practice… best spooky dog costume. You will need to advertise this through your website or social media. Treat by the way!... Happy Halloween! Hopefully you’ve already got email marketing set up as part of your marketing strategy for your business- if not then we recommend you read ‘Email Marketing For Small Businesses’ to find out why having one is an essential part of your marketing plan. If you already use email marketing as part of your marketing strategy then great, but it’s important to update your email marketing strategy regularly in order to get the best results for your business. It’s no good just planning then leaving it for a few years. Over time your business changes and so do your customers. If your products or services have changed in order to meet demand, then your customers or your customers’ needs will most definitely have changed too.
Update Your Customer List It’s so important to make sure you have an up-to-date customer list. If you’re using old contacts the chances are there are several incorrect details as well as subscribers who are no longer interested in your products or services. You need to be tough and cull any contacts that are no longer interested. Finding out who to keep and who to delete might seem like a bit of a task but it’s vital not only for your engagement but also to keep on the right side of the law with GDPR. Email marketing services such as Mailchimp and Campaign Monitor will help you weed out the old customers and see which customers might just need a bit of a push to re-engage with your business. Organise Your List Once you’ve decided who to keep and who to throw out it’s a good idea to organise your customer list, whether that’s by the service they are interested in or behaviour such as previous purchases. Once you’ve got your groups sorted it makes it easier to tailor personalised email campaigns and hopefully increase engagement. Make Privacy a Priority You want to build trust with your customers and one way of ensuring that is by letting the customer know that their privacy is paramount to you. Keep on top of all legislation regarding privacy and make sure your customers are aware of the things you are doing to keep their data safe and secure - this can be detailed in your privacy policy. Finally, ensure it is easy for the customer to unsubscribe- make it clear and simple. Make your Customer Feel Valued Personalised email marketing is bound to have a much more positive effect on your customer engagement than the scatter-gun effect of just random content that might not resonate with all your subscribers. If you sell a product, you could consider sending out personalised birthday emails with discounts or for services- let them know how you are there to help and support them. You could also look at what's happening in the world currently- many businesses offer discounts to NHS staff or Key Workers in thanks for their continued hard work. Book a health check if you need any support reviving your Email Marketing or Marketing Strategy. |
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