10 Marketing Questions to Answer Before Launching a Product or Service

hourglass-timer


Dreaming up a new idea for your business can be an exciting and rewarding process. You are about to offer your audience something they need or want, and so you’re helping people while growing your company. But, we can get swept away into dreaming about our ideas sometimes, can’t we? In all the excitement, we can lose track of the reality of a launch. 

We want to help you think through how you can launch your new products or services in the most timely, cost-effective, and successful way. Here are ten marketing questions to answer before launching a product or service. 

1. Does it align with my company’s goals? 

When we add elements to our company’s repertoire, it’s crucial to ensure that they align with the vision we have for our brand. Because no matter how small, each product or service says something about your business—and could very well change the trajectory of your brand’s growth. So, it’s first and foremost important that you choose your additions wisely. Picture your business in two to five years. Does this product or service still fit into that picture? 

2. What problem does it solve for my audience? 

The primary reason to build a new product or service is to solve an issue for your audience. Does this idea address a common pain point for your customers? If the answer is yes, you may have just come across your next big seller! If not, you may need to return to the drawing board.

3. How can I build strategic messaging around it? 

Once you have your golden idea that aligns with your brand and solves a pain point for your customer, you’re ready to craft messaging. This is an involved process, but every second is worth it in the end. You can use your answer to question two, “What problem does it solve for my audience?” to inform this process. Once you have the answer to that question, you can begin building your messaging strategy. 

Identify the key messages that you’re sending to your audience and hone in on what your tone will sound like. In general, you’ll use this time to map out how you will communicate your offering to your customers so that they will not only understand it but will then want to take action. 

4. Which platforms should I use to announce the launch? 

Using your messaging strategy, you will send your messaging to customers on the most appropriate platforms. Take a moment to review your analytics for different channels to decide where it will be effective to spend your most effort. You should not ignore the platforms that aren’t performing quite as well, but this step will help you choose your priorities.

A few platforms to consider are:

  • Email marketing
  • Blog articles
  • Social media
  • The local and national media (i.e., press releases)
  • Paid advertising 

For tactics that haven’t performed well in the past, maybe this is your chance to redesign your strategy to build your audience before your launch. 

5. Have I updated my website and social media profiles? 

Launching a new element of your business is a wonderful opportunity to review your website and social media profiles. Whether it’s updating website headers and social media profile graphics or description content, you’ll want to ensure that these channels are updated to reflect the most current and accurate information about your brand. You can also take this chance to boost your website’s visibility by reviewing your SEO practices. If your site is a local brick and mortar, optimize it for “near me” searches. Otherwise, focus on overall SEO, which is a powerful tactic, no matter what type of business you have. 

6. Which customers of my audience will be most interested in this? 

By identifying which customers will be most interested in this new product, you can again position your priorities. Identify where this customer spends their most time, what they care about, and how you can speak to their pain points. Customer profiles are a useful tool when exploring your customers’ wants, needs, and habits. With this information under your belt, you can build targeted messaging for the customers who are dying to have your product or use your service. 

7. How will I continue the product or service’s success following the launch? 

Marketing is an ongoing effort. So, it’s essential that you plan for success not only as you prepare for launch but also for as long as your business is in operation. You can follow proactive marketing principles to monitor the success of your marketing campaigns continually. All the while, you must find new and creative ways to keep your current customers interested and entice prospective customers.  

8. Are my marketing and sales teams aligned on the launch details? 

At Green Apple, we often discuss sales and marketing alignment with our clients. Your launch’s success will largely depend on the streamlined communication in your business, so your sales and marketing teams must be telling the same story. When their message is aligned, your customers know what to expect and view your business as one trusted, unified front.

9. What services should I invest in for the highest return on investment? 

Your return on investment depends on the efforts that go into your launch and the effectiveness of those efforts. But, it’s important to realize that you can’t do it all. You can, of course, but professionals who specialize in those efforts may be able to do them better, faster, and cheaper than you can. For example, you may spend twice the resources to build something internally that an outsourced partner could do in half the time while delivering a much more professional and effective product. Take a second to consider what your team is not fully equipped to handle and identify the best partners to work with to fill those gaps. 

10. How do I market the new product or service to my employees? 

A massively important element of marketing that many companies overlook is internal marketing. It’s just as crucial that you market to your employees as you do to your customers. When your employees fully understand your business and are excited about what you’re selling, they will be more excited to share that with others to help your customers succeed. Your employees are your most valuable asset, so ensure that you spend a great deal of time supporting their knowledge about and overall satisfaction with your brand.  

Do you need help building a robust and effective marketing strategy for your brand’s product or service launch? We can help. Contact Green Apple Strategy today to schedule a consultation.

What You Should Know About Marketing to Millennials and Gen Z

Millennials-looking-at-computer-outdoors
By 2025, millennials will make up 75% of the workforce. It’s hard to believe, isn’t it?  This statistic shines a bright light on how our marketing lens should shift as generations age. Before we knew it, Millennials will be three-quarters of the workforce, and in the blink of an eye, Gen Z will be right behind them. So, how do we market to these audiences? What makes them tick? In this article, we share what you should know about appealing to these two age groups.  But first…

Is generational marketing worth it?

Though many brands are hoping to attract an audience of any age, some are surprised to find that they are only seeing individuals who fit the same profile. Of course, one may think, “Well, that’s the audience that is attracted to our business.” While, yes, there is some validity to that, you may be missing entire generations of people who would be interested in what you have to offer.  If you’ve noticed that you aren’t attracting the younger Millennial and Gen Z generations, consider these tips. 

5 Things You Should Know About Marketing to Millennial and Gen Z Audiences

1. Your brand story should be authentic.  
Your audience can spot “fluffy” marketing campaigns from a mile away, especially Millennials and Gen Z. They have grown up with a surplus of information on their computers or at their fingertips, giving them years of practice at filtering out what isn’t worth their time. Tell a story that speaks to their motivations and their needs. Provide them with a practical reason to engage with your business because, trust us, this audience wants to feel good about the companies they support. You can allow them to feel connected to your message by crafting an authentic story they can care about.
2. Email marketing is still effective, even for Gen Z. 
Most people assume that Gen Z’s attachment to social media makes it the best, or only, way to reach them. However, according to a recent study by Campaign Monitor, 58% of those surveyed check their email multiple times per day—so there is very little competition for space in their inboxes. Don’t be too quick to assume that traditional marketing tactics are lost on younger generations—those may just be the avenues we need to grab their attention. 
3. Use your limited time wisely.
Make your marketing count. A widely-used and often disputed marketing statistic is that Millennials have a 12-second attention span, whereas Gen Z has eight seconds. Many believe that the issue is less about the ability to pay attention and more about an overwhelming amount of options. Whichever you feel is true, the goal is the same: your time is limited, so use it wisely. Let’s imagine that you only have eight to 12 seconds to make these younger audiences notice you. How are you going to stand out from the countless competitors vying for their attention? 
4. Hone in your customer experience. 
As we discuss the importance of authenticity and helping your audience feel connected to your brand, we would be remiss if we didn’t mention customer experience. Millennials and Gen Z have higher expectations than generations before them—not in a way that feels demanding, but rather they want to feel taken care of by the brands they’re trusting with their hard-earned money. Younger generations are more selective and want to believe that you want to help them solve a problem or meet a need. Analyze your customer experience to ensure ease of use and that each customer feels special and supported throughout the process. After all, who wouldn’t want that in a buying experience? 
5. Focus on diversity, inclusivity, and equality. 
Millennials and Gen Z help us identify areas in our society that need to be more diverse, inclusive, and equal. Though these challenges have long been fought for by many generations, these two age groups are using their social platforms to raise awareness about these issues—and it’s changing our expectations for the companies we support.  Take brands like Aerie and Target, for example. They identified that their customer base wanted to see more representation. These brands answered society’s call—embracing the idea that humans are diverse, and we deserve to see that in the brands we support. Both retail chains have begun to show greater representation in their marketing, including more diversity in body shape, race, and gender. You’ll notice this change in other areas as well, such as mannequin sizes and clothing options.  Though these are specific examples, we can learn from Aerie and Target when considering how to speak to our Millennial and Gen Z audiences—through supporting causes they care about and making a genuine difference in the world. 

We Can Help You Reach New Demographics

If you take one lesson from this article, let it be this: these generations want to feel good about where they spend their money. So, let’s do everything we can to show them we’re worth the effort. Do you need help finding the missing pieces to your marketing demographic? Contact Green Apple Strategy today to schedule a consultation.

Should I Hire an Internal Marketing Team or Outsource to a Local Agency?


Marketing is crucial to the success of a business. It helps you meet your sales goals, increase your brand awareness, and tell your story. Though many understand the importance of marketing’s role in growing a business, few are sure of how to go about it. Should you hire an internal team, or should you outsource to a local agency? For the most robust, effective marketing strategy, we recommend outsourcing. Let’s talk about why.

In this article, we’ll cover a few reasons to consider outsourcing, including:

  • Staying ahead of the curve
  • Getting more out of your marketing budget
  • Having a comprehensive marketing team without searching for employees
  • Focusing on your core business operations

With an outsourced marketing agency, you can…

Stay Ahead of the Curve

A marketing agency lives and breathes innovative tools and effective strategies. They are working daily to research new methods, test the effectiveness of a tactic, and identify the best way to connect with your audience. Not only do agencies stay ahead of the latest trends, but they also invest the time into learning about your internal operations and your target audience’s expectations and needs. 

Agencies live in the marketing mindset, whereas internal teams are living inside of your industry’s world. When you outsource your marketing, you know that you’re working with a team that will identify your vision, build a strategy, monitor that strategy continually, and do everything in its power to deliver results. 

Get More Out of Your Marketing Budget

Can you believe that hiring an external marketing team could actually make your budget stretch further? When you think of it in terms of overhead, you can skip hours of searching for an internal employee and the countless dollars you would spend hiring, training, and managing that new person. 

Having an agency on retainer also ensures that your marketing strategy will not be put on hold when someone leaves your team—allowing you to continue growing even during times of turnover. Finally, consider the continual training costs necessary for professional development, such as conferences and classes, and industry organizations’ membership costs.

All in all, agencies bypass your overhead costs and provide you access to a diversely talented and well-trained marketing team that always has a finger on the pulse. 

Have Access to a Comprehensive Marketing Team without Hiring 

An agency removes the need to hire someone to fill every role—content, digital marketing, graphic design, photography, web development, and so on. You will have access to each of these skills, all in one place. It’s as simple as that. In Green Apple’s case, we approach each new client strategy by handpicking a team of marketing professionals to fit your business’s specific needs. We serve as a full-service, one-stop-shop for all things marketing, and you’ll find that it takes the stress off your plate. Rather than piling marketing tasks onto your to-do list, you know that an agency is already five steps ahead of you. 

Focus On Your Core Business

Your business’s core operations are where you want to spend your time. If you’re a roofing company, for example, you don’t want to spend your days wading through marketing tasks, nor should you have to. When companies have the internal capacity to tackle their core focus, that’s when they reach their highest potential. An agency identifies that potential and makes sure that your marketing aligns appropriately. You, on the other hand, focus on what you know and what you love doing. We take care of the rest. 

Are you ready to take your business goals to the next level? Contact Green Apple Strategy today to schedule a consultation. To have marketing insight sent straight to your inbox, sign up for our newsletter—The Core.

7 Reasons You Shouldn’t Cut Your Marketing Budget in a Recession

neon-sign-of-scissors


“But, we have to cut something.” You may be feeling as though marketing is the easiest line item in your budget report to slash. We get it. As we’ve worked through this recession, Green Apple has made cuts of our own to ensure that we’re financially strong enough to serve our customers. We’re right there with you. However, cutting your marketing budget can hurt your business long-term, even when it might help it slightly in the immediate future. 

To ensure that your business can continue serving its customers, you must consider a few key points. Here are seven reasons to reconsider reducing your marketing budget in a recession.

1. What if your competitors don’t?

You may consider cutting your marketing budget, but if your competitors don’t, where does that leave you? When you reduce your marketing budget, you decrease how and how often your customers see you—allowing your competitor to move in.

2. Your marketing team can help your customers support you.

The return on investment for your marketing strategy is still valid during a recession. While things are “normal,” your strategy is to drive sales and build relationships; however, during a recession, you are more focused on the relationship-building side of things and can keep your customers invested in your success. They love you as much as you love them, and they don’t want to see your business struggle. Your marketing team can help you show the right amount of vulnerability and transparency, while still sending the message that you are here to help.

3. Your marketing team protects you.

Clients often think about marketing as advertising, but it’s so much more. Your marketing team is telling your brand’s story, and that story must be shaped to align with the social climate—so as to not be insensitive or offensive. Using COVID-19 as an example, companies needed to quickly shift their messaging strategies to be sensitive and empathetic. Having a team on your side that can help shift and shape your message allows you to support your audience, while keeping your brand top of mind.

4. You don’t want your customers to feel abandoned.

Your marketing strategy strengthens your relationship with your audience. A reduction in your budget can leave your customers wondering where you went—or worse, if your business is in jeopardy of shutting down.

You will, of course, be there for your audience in a different way during a recession. Your messaging will focus on how you’re taking care of customers as the tides change. Marketing can tell your audience what you’re doing to keep their best interests in mind, strengthening their trust in your brand.

5. It may be time to launch that new product.

You have less competition during a recession, as other companies are focusing on staying afloat. They aren’t putting their time and effort into launching new products or growing their business. If you are in the position to, and you have ideas ready to launch, work with your marketing team to put your new product out into the world.

6. You will not bounce back as easily.

If you reduce your marketing efforts, it leaves you in a difficult position when you’re ready to bounce back. You’ve spent a great deal of time and money growing your brand’s reach. Rather than scaling back, discuss a strategy with your marketing team to find ways to keep your reach consistent. Once the economy is on an upswing, you will appreciate not having lost months—or years—of progress.

7. It can take you off course to meet your goals.

Even amid a recession, you still want to move forward. Your marketing team can help you keep your goals in mind and find new strategies to meet them. Don’t underestimate a marketing team’s versatility and the potential to keep your business growing, even when the economy is less than ideal. 

Talk Strategy Before You Make Cuts

Before you decide on your budget, discuss all the options with your marketing team. They can likely work with you to achieve your goals, even with necessary budget accommodations. Your relationship with your marketing team should be transparent—they want to see you succeed, too, and will do everything they can to make that happen. 

Ready for a marketing team with your best interests at heart? Contact Green Apple Strategy today to schedule a consultation.

7 Steps to Develop Your Go-to-Market Strategy


You have an idea for a great new product or service. You might have already invested time and money developing the solution. But, how do you get the word out?

Whenever launching a new product or service, the last thing you want is to waste time and resources investing in marketing tactics that don’t work. To avoid this, it’s important to craft an intentional plan that will help you rise above the noise and reach potential customers.

7 Steps to Develop Your Go-to-Market Strategy

Here are seven steps you can take to develop your go-to-market strategy for a new product or service:

  1. Identify your specific decision-makers and buyers. First and foremost, it’s important to define who you’re trying to serve (and who you’re not) with this new product or service. Knowing your ideal customer is foundational for marketing in ways that resonate with them. Everyone on your sales and marketing teams should take time to identify as much information as you possibly can about your target audience.
  2. Determine the specific pain points and messages that resonate with buyers. Knowing your ideal customer and their pain points are essential for determining the messages that will resonate with them. Before you launch your product, your sales and marketing should know (and agree) on exactly who you’re trying to reach and how you are uniquely positioned to help them.
  3. Understand your buyer’s journey. Intentionally considering the experience you’re creating for potential customers during the buying process is one of the most valuable things you can do before launching a product or service and is one of the best ways to spend your time. Not only will this help you create a buyer’s journey that potential customers actually enjoy, but it will also help you define the processes and systems you’ll need to create it.
  4. Define the relationship between sales and marketing. Marketing and sales teams should work together to achieve your goal. Without absolute clarity on the business objectives or specific products/service lines you want to grow, both sales and marketing teams are left guessing what will actually move the needle. This is true for businesses at any point in time but is especially important when launching a new product or service.
  5. Generate interest and develop a plan to increase brand awareness. Once you’ve laid the initial groundwork, it’s time to start thinking about your specific marketing tactics. Whenever you’re thinking about brand awareness, don’t neglect the simple but often overlooked ways to reach customers. Take time to learn from the successful campaigns and mistakes other brands make when it comes to brand awareness.
  6. Create content that connects emotionally with potential customers. How do you create content that cuts through the noise and actually gets read? Consider how you can use content to create emotional connections with potential customers. Begin weaving these strategies into your marketing efforts to appeal to their emotions. Brands and products that evoke our emotions—such as Apple, Disney, and Google—are always effective when launching new products or services.
  7. Determine how you will leverage data to evaluate and optimize your efforts. Now that you have a plan in place, the final question is: How are you going to measure and optimize along the way? Creating a data-driven marketing culture is essential for the long-term success of your product. Without knowing what you will measure before you start, you won’t know how to improve your marketing efforts along the way.

Without taking the time to think through these seven steps, it’s impossible to know if you’re chasing the wrong audience, you’re too early or too late to the market, or the market is already too saturated with similar solutions.

3 Strategies to Take Your Trade Show Marketing to the Next Level

attendees of tradeshow sitting in a row taking notes
Marketers have a love-hate relationship with conferences and trade shows. On one hand, conferences and trade shows are a lot of work. There are logistical challenges that seem to happen at every single event. Determining the ROI of having a booth in the exhibit hall or advertising in the event guide can seem impossible. Despite the challenges, having a presence at trade shows and conferences is still one of the best ways to connect with your target accounts’ key decision-makers. According to a recent study, 82% of trade show attendees are directly involved in their teams’ purchasing decisions. The question becomes…how do you maximize the opportunity of each trade show or event to generate some truly meaningful traction for your sales and marketing efforts? 3 Strategies to Take Your Trade Show Marketing to the Next Level Here are three strategies and mentalities to consider as you prepare for the trade shows or conferences you’re attending this year:
  1. Promote an experience, not your product or service. The best way to stand out in a noisy exhibit hall is to create an experience that makes people want to stop and spend time at your booth. Creating an experience that surprises or delights attendees enables you to make much more of an emotional impact than selling them a product ever would. These experiences also make for a great word-of-mouth marketing opportunity since visitors will be more likely to tell other attendees to stop by.
  2. Treat everyone as if they’re already a customer. Your brand will make hundreds of new first impressions during a trade show or conference. One of the best ways to make sure it’s a positive one is to consider every person you meet as someone who’s already a customer of yours. This mindset will transform the way you interact with attendees and help create impressions that lead to connection. You never know when a seemingly unqualified prospect could get a new job and turn into a coveted lead. And, you’ll never get the chance to make another first impression with them.
  3. Find creative ways to grab the attention of companies in attendance. If you know a particular company or decision-maker will be at the trade show, consider how you can create intrigue with them. Whether it’s reaching out to them beforehand to stop by the booth to pick up an exclusive gift or grabbing their attention by mentioning how your service can help their specific brand, there are a lot of creative ways you can design your booth to attract specific target accounts in attendance.
If you’re looking to take your trade show or conference marketing strategies to the next level, we hope these ideas can spark some creative ideas.

Why Empathy is More Important Than Ever for Marketers

The rate at which technology has evolved over the past few years has impacted every industry — especially marketing. Today, businesses are trying to find ways to leverage technology to reach more customers. Marketing automation, search engine optimization, business intelligence, chatbots, and voice search have become important topics for many marketers. However, in a world where information is a commodity, you need to be more than a source of facts and figures. This is why it is more important than ever for marketers to understand, embrace, and incorporate empathy. 3 Ways to Gain & Incorporate Empathy Into Your Marketing The good news is that empathy is something that can be learned. Here are three exercises you can use to cultivate your empathetic skills and incorporate them into the ways they engage with potential customers:
  1. Get face-to-face with the prospective client. Most marketing teams don’t get a lot of face time with current or potential customers, but their entire job is to create messaging and campaigns that resonate with these people. Taking time to actually sit down with a potential customer can be extremely valuable for marketers. It helps them understand what a “typical day” looks like for them. It provides insights into what really motivates them to make decisions, rather than guessing. Face-to-face conversations allow for the fullest interaction, and the closer you can get to one, the more effective you’ll be.
  1. Don’t be afraid to find out why you didn’t win the business. When it comes to knowing why a prospect didn’t buy from you, most marketers have to rely on insights from the sales team. However, salespeople don’t always get the real reason. Being a little further removed from the sales process often provides an opportunity to gain valuable insights. This is a valuable way marketing can play an active role in truly understanding the real reasons and motivations of why a prospective client didn’t buy from you.
  1. Consider what their real problem is. Here’s the difference between great companies and good companies: Great companies solve the real problems facing the customer. Think about Chick-fil-A versus a typical fast food restaurant. One provides a transactional experience, the other does everything they can to go above and beyond to make life easier and more enjoyable for the customer. Chick-fil-A understands that they’re doing more than providing people lunch. The real problem they are solving is making the act of eating more enjoyable and a less stressful part of life—and everything they do is centered around this objective.
By taking the time to gain and incorporate empathy into your marketing efforts, you’ll be much more skillful at creating messaging that resonates with your audience. Once you can understand their emotional motivations, you’ll be able to market more effectively and efficiently.

How to Create a Data-Driven Culture for Growing Your Business

hands on devices
In today’s world of advanced analytics and dashboards, creating a data-driven, decision-making culture has become a popular topic of conversation for business leaders and marketing professionals. However, there can be a lot of challenges when trying to implement a culture where data is the diplomat when it comes to making strategic decisions. While there’s always a balance of quantitative data and qualitative experience, businesses that use data to drive their strategies and decisions see tremendous growth. Companies who adopt data-driven marketing are six times more likely to be profitable year-over-year. And yet, 87% of companies say data is the most underused asset in their marketing efforts. How to Create a Data-Driven Culture for Growing Your Business So, how do you change that reality and create a data-driven culture in order to grow your business? Here are a few keys:
  • Make sure key stakeholders are ready to embrace fact-based decision-making. It’s unlikely that everyone will naturally embrace the shift toward data-driven decision-making. For some, it won’t seem natural. While you don’t need everyone’s buy-in to start changing the culture, you do need the key stakeholders to get on board. It’s very important that the commitment to data-driven decision-making permeates from the top down.
  • Pick one objective or area to start improving first. Figuring out where to start can be the most overwhelming aspect of making the shift. Business leaders can often suffer from paralysis of analysis when trying to figure out where to start. If you’re trying to become a data-driven culture, it is important to think of things in stages. Start small with one area that might be a priority for the entire organization that has enough data.
  • Don’t forget to communicate “what’s in it for them.” People are more accepting of change when they understand how it makes their lives better. Whenever you’re trying to shift the culture in your organization, don’t forget to communicate how data-driven decision-making will specifically help each person. It could be that data helps them close more deals or prioritize their time more effectively. Answering “what’s in it for them” is essential for getting buy-in from people who might seem resistant.
Many business leaders still rely on their gut to make important decisions. Rather than leveraging the data they have a source for objective insights, they’d prefer to rely on their intuitions when developing their strategy. However, creating a culture where everyone understands the value of data is crucial as things become more competitive.

5 Questions Your Marketing Should Answer for Prospective Customers

The digital world has changed the way we make purchasing decisions, including B2B businesses. Consumers and potential clients are more in charge of the buying process than ever before. In fact, it’s been reported that “57% of the purchase decision is already complete before the customer even calls the supplier.”

If this is true, that means potential customers are expecting to be able to answer the questions which were formerly answered directly by a salesperson. This is where marketing comes in.

5 Questions Your Marketing Efforts Should Answer for Prospective Customers

Whether it’s through your website, email marketing, or advertising campaigns, here are five questions your marketing efforts should be answering for prospective customers:

  1. Why should we trust you? More than likely, your business is just one of a dozen or more options that customers can choose from. Why should they choose your business and trust you to solve their challenges? The best way to increase trust and help people understand why they should choose your business is to position yourself as an expert and share meaningful insights. Numerous studies have shown that when the brain recognizes that someone is an expert, it is far more likely to comply with that person’s suggestions.
  2. Why should we choose your specific product or service? There are two primary reasons people choose a particular product or service: cost and differentiation. To differentiate your product or service, potential customers must understand your unique value proposition. Your value proposition is a unique value that a buyer desires and will receive from your company, product, or service. Think of the word “only” and how you can apply it to your business, products, and services.
  3. Why now? Overcoming the lack of urgency is a challenge for many B2B marketing and sales professionals. While you don’t want to become an overbearing hustler (that doesn’t work), you need to help your customer realize that embracing change now rather than later is in their best interest.
  4. Is it worth the investment? When you are asking buyers to purchase something from you, you are also asking them not to do something else. The most effective way to answer this question is to appeal to the emotional reasons people buy. Knowing this, identify ways to start creating emotional connections with prospective customers to increase their likeness toward making a decision.
  5. Is it worth making a change? People have a natural aversion to change. The brain is wired to associate a high level of risk with accepting a new idea or purchasing a product or service. The most compelling ways to incite change is to find problems by challenging the status quo with insights that compel your buyers to think about how they can improve themselves or their business.

2 Simple Marketing Metrics Shifts That Could Make a Huge Difference

compass
There are literally hundreds of different marketing metrics that businesses and agencies measure on a regular basis. From website traffic to keyword rankings to the number of marketing qualified leads—businesses spend countless hours breaking down the metrics to determine the effectiveness of their marketing efforts. The real challenge isn’t the amount of information; it’s knowing what to do with it all. Many organizations are constantly measuring their marketing efforts, but they just don’t know how to use their data to achieve their objectives. While marketing reports might be helpful in evaluating campaigns—the real question is how you’re going to use that information to reach your ideal customer. 2 Simple Marketing Metrics Shifts That Could Make a Huge Difference As an agency, it’s easy to get caught up in “reporting the numbers” when we send over a weekly or monthly report. However, here are two shifts we’re trying to make with our clients when it comes to measuring marketing effectiveness:
  1. Always look for ways to translate data into actionable insights. Rather than spending all our time crunching numbers, we should focus more on translating our marketing results into actionable insights. We should take time to truly understand what’s going on and what we’re doing about it. What are the 2-3 things you’re going to continue because of the results from last month’s marketing efforts? What are the 2-3 things you should think about changing? At the end of the day, we should approach marketing like a learning lab—constantly evolving our strategies based on what we’re learning as we go.
  2. Find your North Star Metric. If you could only measure one metric to evaluate your marketing, what would it be? This is the idea behind the North Star Metric. The idea originally emerged from Silicon Valley and has become a popular concept among startups and growth hackers.
In order to determine the single most important metric for your marketing efforts, you should look at how your product delivers value to your customers. For example, the North Star Metric at Facebook is the number of daily active users. Everything they do is built around increasing that number. In many cases, identifying a North Star Metric creates a level of focus and intentionality that helps everyone prioritize the things they’re working on and improve your ability to achieve that goal.