Social Media

Social Media Strategy That Works

Social Media Strategy That Works

When I started out as a Social Media/Marketing Manager I realized right away that you need to be organized to an extent I wasn’t prepared for. Winging it only makes things take longer and makes you stress out. As part of the marketing team at @revenue, I have learned some handy strategies for not only laying out campaigns but how to make them take flight. 

 

Let’s talk about Campaigns.

 

Campaigns are a whole different animal from regular social media posts, which are usually one-off posts not pertaining to an ongoing awareness campaign or event. Campaigns are preplanned, precalculated, and usually, a series of social media posts thought through to the maximum extent. A well-thought-through campaign includes the goals of the posts, specific target audience, and message. Campaigns make reviewing the metrics all that easier, too. Helping you track what’s working and what’s not. And you know how we love to try it, track it, and change it- especially when it comes to the ever-changing world of social media.

 

Here are some basic steps to creating an effective social media campaign. 

 

  1. The first part of laying out a social media campaign is to do some deep thinking on the goals and objectives. What is the purpose of the new campaign?  What does your client have going on right now that would make a good campaign? Are they offering a workshop or class in a couple of months? Then now’s the time to get started with planning. They say that you’re 40% closer to reaching your goals when you lay them out and get specific, so try to use SMART goals when creating a new campaign. 

 

  1. The 5 W’s - When creating a new campaign, you want to make sure you are answering the basic “Ws” of Who, What, When, Where & Why’s of the campaign. These fundamental 5 W’s cover all the bases. 

Why - why are you creating the content? What is your goal? How will this benefit the business?

Who - is your audience?  Being as specific here as possible is key.

What - do you want this content to achieve? 

When - when and how are you going to develop the content, and how long will the campaign run for? 

Where - are we going to publish, and on what platforms? Remember that each platform has slightly different strategies so make sure you customize your content for each.

 

  1. Next, you’re going to want to get very clear on who your audience is, what tone your messaging will take on, and the time frame - including the start and end date of the campaign. 

 

  1. Then you delve into the nitty-gritty, such as what hashtags you’ll use to get the campaign the most exposure, and what link and CTA you’ll be using. You might be thinking that this is all just a huge waste of time, just post it already, BUT trust me, you’re going to love working this way once you start and you’ll never go back. 

 

  1. Each campaign should have its own aesthetic/look. For example, I have a client who does many things, and one of those things is hosting a monthly writers group, where she helps aspiring writers become published authors. For her writer's group, we are using Gif’s instead of branded designs, to stand out and grab her audience's attention in a different way.  We aren’t using Gifs on any other campaign or other posts on her platforms. Another campaign could be solely focused on client testimonials and should include a branded image with a direct quote or review. Campaigns should vary from each other but always try to stay within brand colors, as you don’t want your profiles to be inconsistent in the brand. It’s best to have an overall cohesive look for your social posts, so following a clear brand guidelines document is always advisable.

 

6. Last, the best way to track the metrics of any campaign is to have the right software - this alone makes it worth it. At @revenue, we use Sprout Social for our social media publishing as well as their thorough analytics and metrics features. If you have an interest in using Sprout, please reach out to us for a special introduction. Using a platform that provides media tagging and allows you to create & label campaigns is the easiest way to review metrics, such as engagement metrics, to see what’s resonating with your audience, what’s not, and where to put your ad dollars. 

 

In conclusion, campaigns will make your ad money count. Who wants to throw money at something and see how much sticks? No one. 

 

If you need any help with your marketing, sales or branding strategy, give AtRevenue a call. 

We are happy to help you find a way to make your social media, marketing and sales work for your business. 


How Narrowing Your Target Audience Will Expand Your Market Share

How Narrowing Your Target Audience Will Expand Your Market Share

When you started your business, your first step was obviously to develop your product or service. Right behind that, you likely started to identify who your target customer is: their age, what they look like, where they live, what they do for a living, their income
. When you get to the bottom of this target buyer, they probably pretty closely resemble you and your friends, right?

This isn’t uncommon. Often, a buyer persona or a ground-level look at a desired target audience will be pretty flat and lack specificity. Certainly, recognizing basic demographics is helpful, but to enhance your processes and results, you have to get more specific. Your first shot at your target consumer is probably a superficial look at a generalized individual — a look at someone who’s everyone and no one at the same time — and you’ll have a really hard time getting anywhere with this person.

So once you’ve landed on “Male, 30-45, married, middle class, interests include DIY projects, lawn care, and pick-up hockey games,” where do you go from there? 

To properly understand your core demographic, you need to create a “Client Avatar”. In creating this avatar, you’ll define your audience as a series of single individual “characters,” who most closely resemble both your most active customers as well as those you wish to attract. The Client Avatar is made up of various pieces of demographic information, and you want to be sure you are as clear and precise as possible. Use these four identifiers to focus in on who you’re looking for.

1. Age

Thinking outside the box when it comes to your buyers’ age ranges can bring you more creative ideas. Consider the Pedialyte phenomenon: a drink that was made for dehydration in young children is often used by adults in the same way sports drinks are. In turn, Pedialyte updated their marketing to speak directly to hungover adults, and they developed new products (think: branded t-shirts and powder packets to mix in with water) to serve this new audience. Consider how you can skip the highly saturated 18-34 market and offer your product or service to a different demographic and the results it could yield. Research your competitors and look into the demographics of people who are seeking products and services similar to yours. This will help you narrow down the “why” of your target age range and the products they look for, and help you speak more intentionally to that audience.

2. Cultural Identifiers

Once you have a solid understanding of your age ranges and what their interests are, you need to take a step back and review additional cultural identifiers that narrow down the picture of an Avatar further. A product can appeal to a range of cultures for different reasons. Consider how your product or service meets the needs of a variety of communities — and how your communication speaks to people, too. Bringing cultural awareness and diversity into your messaging, product, and service will enhance both your efficacy as a brand and your customer experience.

3. Income and Willingness To Purchase

Income is a piece of your target audience puzzle, but you can leverage it even more strategically when you consider a buyer’s willingness to purchase.  While you certainly want to do some research on the income levels of the audience you have formed thus far, there are more factors associated with willingness to purchase than their level of income. Motivation is a big factor in making decisions for purchase. If your product truly answers a real need, there will be more reason for your audience to buy. A person with income outside your target may still look into your service if it’s a high-demand product for them. For example, a serious runner may purchase an expensive running shoe that may be outside their means if it affords them the comfort and support they need for their runs. This can be true in a variety of industries; willingness to purchase can outweigh disposable income.

4. What They Actually Like

What does your audience actually like? Are their consumer decisions a result of their actual interests, or are they just things they feel like they’re supposed to like or consume? Invest in actually identifying your target market’s interests and wants. These can make a huge difference in how you choose to communicate. Dive deeper into what other brands they purchase, what media outlets they use, and where they shop. Learning these behaviors will help you gain a more well-rounded picture of who your potential buyers are. 

When brands take risks and expand their perception of who their real audiences are, they can find new ways to engage with those consumers and make sure that none of their potential leads are falling through the cracks. This more detailed personal discovery can lead to more intentional messaging, wider outreach, and more successful results, because when you really look at who your audience is, you’ll probably find the missing piece your marketing needs.

 

An earlier version of this article was previously published on Forbes in August, 2018.


Social Media Trends of 2022

Social Media Trends of 2022

As we enter 2022 in a full-fledged feeling of renewed hope, social media has been bigger than ever in importance for brands. 

 

So what are we really looking at in trends for this year? Let’s break it down. 

 

Short-form Video Content: As TikTok, Instagram Reels, Youtube shorts, (etc., etc., etc.,) grow in popularity, we’re going to see an uptick in brands using short-form video as an effective method of growth. It gives brands a unique opportunity to humanize and to come across in an authentic manner, which is ever important in a world of ad-conscious consumers. Not only that, but attention spans are shorter than ever with easily consumable content–long gone are the days of long-form content. 

 

Our recommendation? Get in where you can. Integrate short-form videos on platforms your brand already exists on–if you can expand outside of those and get on TikTok, even better! It’s best to set a goal of how many videos you’d like to post a week, and stick to it. 

 

Micro-Influencers: Speaking of ad-conscious consumers, the days of celebrities touting ads for brands are passing us by. Consumers want to relate to people–smaller influencers are making their way into the space by doing just that–anyone has the potential to go viral these days; not just a select few. With less of a pricey spend, higher engagement rates, and more impact on consumers, there’s going to be a huge uptick in the use of micro-influencers in marketing campaigns. Included in the many trends listed by Sprout Social in their recent report, influencers aren’t going anywhere anytime soon and you can expect to see more as we move into 2022, though they will need to keep their content fresh in order to stay ahead of the pack. 

 

Our recommendation? Start the hunt for influencers who have 20k followers or under. See who’s interacting with their content and how. These smaller influencers have a massive relatability aspect that followers love and trust more than that shiny influencer with a million followers and a 1% engagement rate. 

 

Accountability and Transparency: As consumers become more conscious of where their money goes, and who they’re supporting, there’s going to be massive growth in holding brands accountable in terms of ethics. Brands who say they’re going to do the right thing (and follow-through) are going to see more income than large corporations that perform in ethically questionable ways. 

 

Our recommendation? Think about what your brand is doing for diversity, environmentalism, or ethics in general. If you haven’t thought about it yet, now’s the time. Create measurable goals, be open about them, and work your hardest to achieve them. 

 

Memes: Memes have always been a great way to join trending conversations. In 2022, we’re going to see even more brands join in on the conversation, letting loose from the chains of serious, curated feeds. With a massive uptick in brands trying to relate to their consumers (and be a little less serious), consumers are going to be enticed to interact with social accounts that like to have a little bit of fun–that’s why we come to social media. 

 

Our recommendation? Find a way to integrate this in a subtle way. If you suddenly jump into making your page 100% memes, it’s going to show up in an unauthentic manner to your audience. Slowly integrate memes that you can easily incorporate into your brand and niche. 

 

LinkedInfluencers: Two words you never thought you’d see together, but it’s true; after working from home, people are seeing the value of growing their personal brand with LinkedIn outside of their job. With think-pieces and personal content, we’re going to see an increase in personal brands, and more engaging content than ever before on LinkedIn. Another great reason for the rise? LinkedIn influencers have key decision-makers in their audience. 

 

Our recommendation? Think about what your personal brand’s niche is. What interests you about where you’re at? What’s your story? There are no limits to what you can share nowadays on LinkedIn–it’s a great place to grow a community of folks who relate to and understand you. And if you need help, be sure to reach out to us! 

 

What are your favorite social media trends? And how is your brand going to effectively implement the usage of them? If you’re having a hard time nailing that down, be sure to let us know; we’d love to give you a hand.


Six Ways Reading Fiction Makes Us Better Marketers

Six Ways Reading Fiction Makes Us Better Marketers

Business owners and entrepreneurs are always doing research behind the scenes to get a leg up on the marketing tools and strategies that will help them reach more people. We comb the internet for insights on the next big social media platform and what kinds of content are performing best. We have our favorite trade publications and podcasts to keep up with industry trends. We also fill our bookshelves with the newest thought leadership in sales and marketing, productivity, business strategy, leadership and whatever else is abuzz in our networking circles. While all of these resources get at important information we can use to make better decisions for our own projects, they have their limitations.

 

Pure storytelling, also known as fiction, often gets pushed down to the lowest priority in the TBR list. We wait for a literal rainy day or an airplane trip to “read for pleasure.” But diving into those made-up worlds of fantasy, romance, mystery and suspense (or a character-driven classic) will make more of an impact on your marketing skills than you might expect. In fact, we have a few readers on our team of marketing nerds!

 

Successful marketing is all about telling an interesting and relatable story through the various mediums at your disposal; reading more fiction will help you sharpen the communication tools in your marketing toolkit.

1. Growth Through Creativity

First of all, there are a ton of work performance and life benefits to be gained by simply letting our minds wander. But with the help of a well-written story, you can learn more about human interaction, visit faraway places and pick up turns of phrase you’ve never heard before. By seeing the world (even a made-up one) through someone else’s eyes, your subconscious mind gains a deeper understanding of how others outside of yourself interact with the world and each other.

2. Improved Communication

As you plow through a work of creative writing, your brain absorbs new ways to communicate more clearly. You may expand your vocabulary, discover more precise ways of stating ideas or create more connections between related concepts. Each of these benefits creates neural pathways that will improve your own written and verbal communication. As you develop an appetite for good books, you may notice your speech patterns shift and your written communications coming more easily, in a more concise fashion. 

3. Developed Cultural Awareness

You’ve probably noticed that empathy is becoming just as much of a hot topic in marketing as authenticity was just a few years ago. Reading works by authors of different backgrounds featuring characters with different identities and personalities is an effective way to socialize yourself with points of view that are different from your own. You may even catch glimpses into historical and cultural perspectives that still play a role in society today. If you’re more of a fantasy buff, that’s valuable too! Reading about dragons and wizards may not directly emulate reality, but allowing yourself to understand a completely different culture will open your mind to other possible experiences. With each read, your muscle memory for empathy will grow stronger..

4. Better Concentration and Focus

One of the first things we develop as young readers is a greater attention span for concentration and focus. That benefit still applies for adults! As a business owner, you are constantly bombarded by notifications and distractions that can keep you from working on the important things—like client work and your marketing materials. Regular reading will strengthen your defenses against the day-to-day noise so you can stay focused and do higher quality work in less time. The best stories will pull you in and keep you spellbound until the very last page; when you can work with that kind of dedication, your clients will notice a difference!

5. A Stronger Connection with Others

Reading brings us closer together with others who share similar interests and read the same books! No matter what genres or authors you gravitate to, chances are you will find others sooner or later who share that appreciation. Imagine kicking off a conversation with “I was just reading this great detective novel...have you read any good mysteries lately?” instead of the same old “What brings you to this networking event?” You will find yourself having more interesting conversations and getting to know people on a deeper level to ultimately build stronger relationships. Last, your new connections might be more likely to remember you for your insightful comments!

6. Becoming a Better Storyteller 

The bottom line is that reading more stories will help you become a better storyteller. As you read, you will experience different ways to be engaged as a reader and you’ll be able to emulate those strategies with your own storytelling. Just like watching presentations and going to conferences can inspire your own public speaking skills, reading fiction can help you create content that tells a more compelling story.

 

Marketing is all about telling a story that makes your audience feel something strongly enough to take action. So to be a successful marketer, you need to be able to tell your story in an appealing way, connect with your audience, focus on your clients, understand their point of view, communicate clearly and be creative at the same time. Reading books by master storytellers will teach you those things in a fun and interesting way, with all the benefits of relaxation and daydreaming. So, what’s the last book you read for fun?

 

This article originally appeared on Forbes.

 

BONUS Fiction Reading List for Entrepreneurs

Compiled by the @ revenue team

 

Animal Farm - George Orwell

Dune - Frank Herbert

The Count of Monte Cristo - Alexandre Dumas

Siddhartha - Herman Hesse

The Fountainhead - Ayn Rand

The Circle - Dave Eggers

Zen and the Art of Motorcycle Maintenance - Robert M. Pirsig

The Old Man and the Sea (or really any Hemmingway) 

The Alchemist - Paulo Coelho

The Hobbit or LOTR - JRR Tolkien

Ready Player One - Ernest Cline

Ender’s Game - Orson Scott Card

Watership Down - Richard Adams

The Taming of the Shrew - Shakespeare

Murder on the Orient Express - Agatha Christie

About A Boy - Nick Hornby

A Study in Scarlet - Arthur Conan Doyle

If On a Winter's Night A Traveler - Italo Calvino

The Great Gatsby - F. Scott Fitzgerald

The Life of Pi - Yann Martel

The Prince - Niccolo Machiavelli

Don Quixote - Miguel de Cervantes

Catch 22 - Joseph Heller

Word Virus - William S. Burroughs

The Reluctant Fundamentalist - Mohsin Hamid

Snow Crash - Neal Stephenson

The Night Circus - Erin Morgenstern

A Wrinkle in Time - Madeleine L’Engle

A Tree Grows in Brooklyn - Betty Smith


You might need to hire a marketing agency if


You Might Need to Hire a Marketing Agency If...

Let’s face it-- not every business needs a marketing agency. I know, it may seem counter-intuitive because every business needs a marketing strategy, but not everyone needs to go out and hire a professional to do the work. Whether you are just starting out or have decades of experience, marketing professionals aren’t free and when investing your time and finances you need to be sure that your business is ready.

That being said, there comes a point that professional support is what will take your business to the next level. Here are just a couple of signs that the time has come:

  1. If your parents don’t know what you do. You have no idea what your “brand” is and no idea how to talk about your business. You don’t need to be able to explain the intricacies of what you do, but you should be able to narrow it down to a couple of sentences. Marketing will help you to refine your message and give you crystal clear direction on how that gets expressed. Everything from colors and fonts to your voice and values needs to get expressed in a consistent manner that is easy for others to understand.
  2. If it gets pushed off your plate due to time or procrastination. You didn't open a business because you feel the joy of writing a good newsletter, or perhaps you avoid social media like the plague. Writing blogs, posting on social media and making website updates not only take valuable time but to do well it takes years of experience. Calculate your hourly rate by the number of hours you spend on marketing activities and see if you have some wiggle room to hire someone else to do it. Chances are when you leave it to an expert it will be done better than if you keep trying to do it yourself, and you may even save yourself some money & time along the way.
  3. You're ready for more business, but you don’t know how to ‘make’ it happen. If you've ever been asked "where do you get business from?" and your only answer is referrals, you are not in control of your sales... Let’s face it, hope isn’t the most effective strategy. If you are looking for more business, your marketing team should lay out a clear path to success and a pro will be able to recommend the right channels, strategies, and tools to get you there.

Agencies are great at providing the tools, resources, strategy, and implementation of marketing, but if you don't know your market, this is all a guess. Marketers work best when you know your business, and they help you communicate it. So go out there, talk to your customers, find out what they want more of and get clear on where your business is going. Then find a marketing firm that knows how to listen and provide great insight - they go hand in hand.

Although marketing might seem like the next step to growth, let’s not leave out it’s best friend: SALES! These two disciplines work hand in hand to drive more revenue. If you are out of balance, you will waste time and resources going down the wrong path. Schedule a complimentary consultation with our team @revenue to learn the best direction for your organization.


Personal Branding: 4 Rules to help you Rule

Personal Branding: 4 Rules to Help You Rule

Personal branding - the term is everywhere in the marketing world and experts and owners alike are diving headlong into creating a magical personal brand of their very own. As part of a larger strategy, personal brands can be a powerful way to establish expertise and connect with new audiences, but on it’s own a personal brand is not a revenue generator. Turns out, people don’t want to give you cash for just being they you-iest of yous!  And at the @revenue office, the motto is: if it doesn’t help generate revenue, then it’s not for you.

One of the biggest questions you should be asking before you embark on creating a personal brand is: Do I know EXACTLY what I am going to be selling to the leads generated from this? If the answer feels ambiguous take a step back and map out what your offering will be. Even if the answer is products or services from within your current business, what it will take to fulfill them, and where you can create economies of scale to help you make more money in less time? (you get bonus points if it has a Monthly Recurring Revenue stream built into it). Know what success looks like before you start so you have a direction to go, because no matter how many likes, follows or watches you get, you are not going to be happy about the investment you make if it never pays you back.

As an expert, crafting and rolling out a personal brand will give you certain flexibilities that should happen outside of your business brand. Using your personal brand to reach out and create more one on one conversations, put you on stages, and increase your social media reach are all great goals to have. What then becomes important is how you will expect it to turn into income. Typically we will want to see a sales model with a personal brand that includes the following things:

  • Paid speaking engagements
  • Direct leads for your business
  • Digital courses or materials like books, podcasts, etc.
  • Advertising dollars for your YouTube Videos and podcasts
  • Partnerships that will boost your business

Personal brands also take a long time to take root - this is no quick win. And what’s worse, is that a back-fire in your personal brand will follow YOU around, not the name on the company. So
. how can a personal brand backfire? Oh, let’s share some stories, shall we?

1. It’s not you.

Personal brands are all about authenticity. If your goal in crafting a personal brand to make people think things about you that aren’t true. This is where those idiosyncracies will come crawling into the daylight. Allow me to present Exhibit A: the photoshop fail.


2. It’s all about you.

This sounds contradictory at first, but your personal brand should include your thoughts on other things besides yourself. If every image you post, a comment you make or video you produce is part of a conversation then make sure you are talking to and about the world around you. You will exhaust your audience if every image is a hyper-filtered shot at exposing how fabulous your every moment is.

3. That’s right. You tweeted it and it was dumb.

We don’t have to reach too far into our consciousness to pull out a news story or two about an ill-timed tweet or tone-deaf message. And thanks to that cool little screen grab gadget it can live forever! If you are combining your personal brand with your private life brand be sure that you know that what you say will reflect on you and could possibly damage your business. 

4. Repping Products

If you do have a personal brand that lends itself to promoting products, you must ask the question, are they aligned with MY brand? I shudder at the term ‘influencer’ because of how much it’s been abused, but the things you recommend will become part of your reputation. As an expert in your field, you do not need to hashtag every cute cupcake unless your personal brand aligns with supporting that business or eating cupcakes like it is your job. Which it may be - and if that is your real job please call us immediately, we want in. 

Building a personal brand should be purposeful, strategic and hopefully a lot of fun.

If you want to learn more about building your own brand and how @revenue can help you integrate it into your marketing strategy let’s have that chat. marie@revenue.wp10.staging-site.io 

 


The Click to Purchase Myth.

The Click to Purchase Myth

When small brands roll out big dreams.

There are billions of marketing books, articles and gurus all claiming they have a silver bullet to generate leads while you sleep and get you that beach house in a matter of months. Like most things, what you read will rarely transform your life. Why is that? One word: execution. So, after a couple of attempts on your own, you hire a marketing agency, armed with the knowledge by experts and prepared to make an investment that will generate high returns.

This may seem like an exaggeration, but in reality, it isn’t too far from the truth. Businesses see the opportunity and desire a “click to purchase” product or service. This is where you build your digital marketing machine with paid ads to generate leads and a website to purchase. Sounds simple and the books will give you formula after formula to make it happen. And then they hit the wall- where are sales?

Assuming that marketing will be your sole driver for revenue is one of the biggest mistakes we see business owners make.

If you are ready to launch a product or a click to purchase service, here are a couple of things you should keep in mind and be prepared for. Consider this your reality check:

  1. If you want to build a digital empire be prepared to have deep pockets. It takes a lot of money to get enough traction and analytics to make a dent and even that first sale will take time and refinement. Know that you will learn lessons along the way, and they will be expensive.
  2. It will take time. Nothing worth having comes easily or instantaneously. It takes a lot of testing, refining and optimizing to get your targeting and message right. It takes at least 3 months to create baselines, understand the market and get a good feel for where you want to go. Even those digital marketing gurus had thousands of things that didn’t work out until they found their golden goose; even if that’s all they talk about. Know that it will take you time too.

If that sounds unappealing, know that there is another way to get your click to purchase solution launched. Take the uncertainty out of the equation and build a business that lasts, not just until the next Google algorithm change.

You are going to need to sell the first several solutions or products. Yes, it’s true. You will need to talk to people, understand what motivates them and how your digital solution solves their challenges. By skipping these early sales conversations you will need to invest much more time and money in marketing proving out different hypothesis. By having the conversations and connecting with these customers, you gain valuable insights and feedback that will help your business exponentially.

Let’s face it, a consultative sales process where you get to understand your customer, build a relationship and find solutions is at odds with a digital play. On the internet, you have to guess at what their challenges are,and feed them information, facts, proof that you are awesome. When you have a consultation you build connection and learn about your clients. This just can’t be done authentically digitally until you understand it in the real world.

What this boils down to is sales process. The more complex the offering, the more complex the sale. Make sure you aren’t just building a marketing machine, but a sales process that aligns with your values, your business, and your customers needs.

Depending on marketing to solely drive your revenue from the get-go is a risky business. We believe in creating sustainable programs that support elevate and grow businesses, not that ARE the business. If you would like to learn more about what a sales and marketing strategy looks like for you- it's time for us to talk! info@revenue.wp10.staging-site.io


The difference between a marketing plan and a sales plan

The Difference Between a Marketing Plan and a Sales Plan

Business plans often glaze over sales and marketing very quickly. They want to know what the overall revenue goals are sure but the HOW is grossly underrepresented. That’s the problem of setting targets, goals, and dreams without understanding what it will take to get there.

We often find that sales and marketing are still the wild west of strategic planning. They get some top-level attention to help define key principles such as your target audience or your core values, but rarely include any of the actionable items. So how do we blend the strategy and plan to achieve that ultimate goal: more revenue?

Before you make the goals, check to make sure that you are incorporating all of the below:

Your marketing plan should include:

- Your key messaging concepts: What are you going to say that will capture your audience’s attention? What problem do you solve, what are the motivating factors, why does your customer care Your marketing plan should clearly and concisely be able to articulate your core message.

- The channels you plan to use: Once you know what you are saying, where you will say it is the next step. Each platform, channel, and community might need a different message and a different way of expressing it.

- Your investments (financial, time and frequency): Marketing is going to cost you one way or another, even free channels on social media are becoming more of a pay to play platform. Your marketing plan needs to map out your commitment.

- Your goals and KPIs. For each channel: It is critical that your plan includes clear expectations so you can measure your ROI, make adjustments and improve.

Your sales plan should include:

- Prospecting: where are you going to find new prospects and leads? Where and how are you networking? How does your personal brand show up on social media?

- Strategic Partners: Who are your business friends who send you more business?  Building and developing great strategic partnerships is not only good business sense, but great for your pipeline.

- Your process. Creating a sales strategy takes careful process mapping. How do leads go through your pipeline? What are the critical steps that need to be taken? How can this process be repeatable across your entire team? If sales are the first ambassador of your brand, it is critical that you have a brand congruous process.

- Your KPIs and goals. You need to track your activity just as much as your results. As a sales professional, you need to put in the calls, work, and effort into finding your leads and building the business. Once you are able to hone in on those key metrics you will be able to calculate how much you make every time you pick up the phone.

Building both your sales and marketing muscles is critical to developing more revenue for your business. To help achieve maximum impact, many businesses are hiring a CRO (Chief Revenue Officer) to ensure both of these departments are achieving their shared goal, reducing processes and investments that aren’t paying off and holding the team accountable to growth. If it’s time to see more revenue come in your business we are here to get you there! Contact @revenue today and let’s create a plan for your next milestone.


Your Values, Your Business. Yes, You Can Build A Dream Business Based On What You Value Most.

Your Values, Your Business. Yes, You Can Build a Dream Business Based on What You Value Most

When we begin a conversation with a client, we’ll typically ask: “What type of business do you think is right for you?”

Mind you, it’s not that we expect that individual to have everything figured out. Some people may know what they want, but may not look at the reality that accompanies that. Others aren’t sure at all but do know they want to control their own destiny. No matter where you’re coming in, we’ll typically take a more introspective approach and encourage you to ask deeper questions internally about your lifestyle before choosing a business.

Now, why do you think we would be so interested in what you value and the life you want to have? Yes, these are important but what does that have to do with owning a business?

Know The Business Behind The Business

Think about this: If you’re going to be a successful owner, you’re going to be heavily involved in that business for at least the next 10 years and probably more. If the organization doesn’t match up with your values and lifestyle, you may have some buyer’s remorse.

To illustrate how buyer’s remorse could happen, let’s say that you’re intensely passionate about a product or service – we’ll use dogs as an example. Since you have such a love of dogs, you figure that owning a pet store franchise is your true calling.

Sounds like a terrific fit, doesn’t it? Not so fast.

You may have a love of animals, but we still have to talk about what you will be doing as a business owner. In this case, you may be spending a great deal of time involved with inventory management, stocking shelves and a host of other responsibilities that take you away from playing with the puppies.

Doing what you love has to align with business responsibilities, which makes it crucial to take a hard look at each franchise opportunity to ensure your perception meets reality. This involves a series of deep questions that can force you to give careful consideration to why you want to become an owner and what you want out of the business. Because once you’ve addressed these questions, you’re ready to pursue an opportunity on your terms, based on what you value most.

4 Deep Questions Before You “Jump”

  • What are your strengths?
    When you think back to times in your career where you’ve been promoted, why was that? How did that happen? Was there something about that type of work that energized you?
  • What type of work environment and style do you prefer?
    Do you like working with people or independently? Are you a teacher? An organizer? Are you motivated by sales? Do you dread event planning? Do you believe you can thrive in a customer-facing role or do you see yourself as more of an operational leader behind the scenes?
  • What do you like to do most?
    Believe it or not, one of the areas we look to as evidence of what you enjoy is your prior education. What did you go to school for, even if it’s nothing to do with what you currently do today? That shows a degree of passion.
  • What does your family situation and schedule look like?
    Make no mistake – this is a big one. If you have a spouse and children, how would owning a business change your current situation at home? What are you willing to give up?
    Is your family on board with this commitment? There’s going to be a ramp up period to get the business running strong enough that you can pay yourself the salary that you want, including minimum expenses. It may take 12-24 months to turn a profit – are you comfortable with that? If so, is it because your spouse is working and can take some of the pressure off? Is it based on savings that you have or through an SBA loan?

You know your strengths, your work style, your greatest passion, and have a loving family that’s got your back for the next 12-24 months to pursue the next exciting chapter of your career in business ownership. That’s great – but there’s still one more vital component to your success that we can’t neglect – an outside perspective from a highly experienced franchise consultant who can help guide you to the right franchise opportunity that aligns just right with your values. That’s where organizations like On Pace and @revenue come in - we’re here for you!


Sales + Marketing: Finger pointing or handshaking

Sales + Marketing: Finger pointing or handshaking?

Most businesses divide their sales team and marketing team into two different groups. At one organization I worked with, they were physically in different buildings... in different parts of the city. But what really is the difference between these two departments? They share the same goals, but their tactics for achieving these goals are very, very different.

It’s easy to get caught up with definitions like, “marketing is from the brand and sales is from a salesperson”. If that’s how you want to differentiate, I’ve got news for you. That sales person IS your brand! To more clearly separate these two facets of your business, I look at it from the messaging perspective. Here is my simplified explanation of these two departments and where the lines start to blur.

Marketing is a message sent to the masses. Like yelling into a megaphone, you say it once and it’s received by many people. For example, think of a TV commercial or a Pay Per Click ad that’s impersonal and doesn’t have a person on the other end sending you that message.

Sales on the other hand, is a very direct message sent from just one person. The message is tailored and personalized for each specific audience. It’s also not as scalable (one salesperson can only talk to so many people).

Now, here’s where it starts to get a little fuzzy. If done right, your marketing can feel like it’s coming from a real person AND your sales team can reach a wider audience.

This is why big data and targeted marketing is so exciting; it crafts a message that is targeted to the individual
 but sent to many individuals. When this happens, your efforts have exponential impact.

Don’t just take it from me, here are the facts:

  • Personalization reduces acquisition costs as much as 50%, lifts revenues by 5-15%, and increases the efficiency of marketing spend by 10-30%. (McKinsey & Company)
  • By 2020, 51% of consumers expect that companies will anticipate their needs and make relevant suggestions before they make contact. (Salesforce)
  • Increasing personalization in more channels can increase overall consumer spending by up to 500%. (The E-Tailing Group)

Here’s a couple of great examples where your marketing and sales team needs to work in perfect harmony:

Email: An average office worker receives 121 emails a day and sends around 40 business emails daily (Source). So it’s fair to say that this would be a sales channel,. Right? But wait, what about MASS emails? Those newsletters, automations, promotions and drip campaigns need to incorporate best practices from both departments in order to be effective.

Social Media: With over 2.19 billion monthly active users on Facebook, this must be a mass audience channel, right? Think again. Sure, you can have your marketing team create a bunch of posts, but without a sales perspective and communication style, your engagement and conversation ends there. To be successful, you need to build a relationship with your following, and who is better at building relationships than your sales team? By bringing together your marketing and sales minds, you’re able to attract, engage and even convert a dedicated community.

Sales and marketing are very clearly differentiated in our minds. But aren't they really doing the same thing? Connecting, convincing, and communicating. Any good salesperson or marketer knows that is the key to success.

If you are having challenges connecting with your clients, leads and audience, contact Marie at marie@revenue.wp10.staging-site.io