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Although he did not disagree with the concept, he re-focused the discussion on the importance of an enterprise establishing their marketing message and objective even BEFORE contemplating their traditional or Internet marketing strategies.What an excellent point! What about you ?
Business owners and marketers have a tendency to think in broad terms about their marketing objective by focusing on ones such as “generating traffic” or “designing a website.” Instead, the effectiveness of their internet marketing strategies should be driven by specific marketing objectives established from the end result required of the business to be economically sustainable. For
example, “generating traffic” is not directly tied to a financial objective
like “generating a cost per sale of $75.” The common misperception of “traffic equals sales” has wasted tremendous
amounts of business’ capital on poor quality website traffic. In addition some businesses have developed negative
attitudes towards Internet marketing by falsely associating poor results to it
instead of to a lack of an objective. Recently
a new client described his horror story of spending a significant part of his
budget on contracting with a paid search service provider. The resulting paid search campaign was a
major failure in terms of satisfying the client management’s net profit
objective. Actually, to be precise, the
campaign caused a massive negative net profit.
After
asking further questions to understand why the situation occurred, I discovered
that the blame could not be attributed to the service provider’s failure to
perform but instead to the client’s failure to define the correct marketing
objective. The
client contracted with the service provider under an objective of “generating
traffic” versus “generating a positive net profit.” The goal of “generating a
positive net profit” involves a more strategic performance-centered setup and
management of a paid search campaign which this particular service provider was
not capable of delivering through their business model. Unfortunately,
directed by the client’s defined objective, the service provider delivered
massive volumes of paid search “visitor traffic” which failed to satisfy the
client’s non-communicated but expected increase in positive net profit. Your Marketing Objective is
the Balance between Determining Success and Failure. By
defining a measurable objective, an internet marketing strategy is regulated by
the resulting increase or decrease of it.
From this perspective, a simple “yes/no” decision is made as to the success
of a particular strategy: “Yes” it achieved the marketing objective and should
be maximized; or “No” it fell short of achieving the marketing objective and
should be dropped or the message adjusted and tested again. Without a measurable objective, the success
of an internet marketing strategy is determined by subjective means versus real
data. A Clear and Concise Marketing
Message Ensures Achievement of Your Objective The marketing message is essential for generating performance from your Internet marketing strategy. Rather on your website, landing page, or paid search ad, the message attracts visitor attention, qualifies the type of visitor and persuades the visitor to complete your defined marketing objective. An
excellent book written by Doug Hall titled, “Jump Start Your Business Brain”
outlines three essential components every effective marketing message should
include. They are Are You Satisfying Your Visitor’s
Needs? An
easy way to assess whether your marketing message is even capable of satisfying
your visitor’s needs is to count the number of times your website copy states
“you or yours” versus “we and us”. Although primitive, this exercise will immediately tune you in to where
your marketing message is directed. If
you’re talking more about “we” then about “you” then you’re focusing on the
wrong message. Instead
of spending more time on developing a traffic generation strategy, re-focus your
time and thinking on developing an effective marketing message with a
measurable objective. Ultimately your
traffic generation strategy will achieve higher returns and stronger results
when you attract the most qualified visitors through an effective marketing
message and gain “data-driven” insight from a measurable objective. Kevin Gold is Managing Partner of Enhanced Concepts helping businesses increase their online leads and sales through improving conversions and gaining greater visibility. Download "20 Surefire Ways to Increase Your Website’s Conversion" today at www.enhancedconcepts.com
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