Make your business stand out against the competition in 2017 with these four smart marketing hacks. The rise in digital technology means most people can usually be found carrying a mobile device or laptop. The landscape of marketing online is very different from the traditional approach of brochures and television ads. These four trends will no doubt be fueling the way businesses should market in the next few years.
1. Email Segmentation
Email marketing remains the vehicle boasting the highest ROI as an online marketing strategy. The average company attributes 23% of their sales to email marketing. The power that fuels this marketing hack lies in email segmentation.
Email segmentation is where contacts in a business’s database is segmented into lists that dictate their particular interests. Overtime, as you interact with your customers, the data you collect will give you a clearer understanding of the kind of content and interactions that they’re more likely to engage with.
This means more precision when you contact your customers. You’ll get a clearer idea of how likely they are to ‘care’ about what you’re sending them. The benefit of precision is, people are more likely to read your emails / share content or be more receptive next time you send them an email.
2. Adwords for Ranking
The Google ranking for your business’s website is important as customers are more likely to click on the first few links showing rather than scan through several pages. Google updates their search rank algorithm every single year, meaning the criteria for ranking on the first page gets exponentially harder as more websites spring up — especially competitors with deeper pockets and a better web strategy.
However, there’s a quick way to ensure you’re ranking for the keywords (or search terms) you want to — you can purchase keywords and open up an Adwords account on Google. These are paid spots to rank higher for certain keywords. Businesses get the opportunity to play with the content on these ads and bid on keywords that match their content and based on the relevancy of the content, these ‘ads’ that link to your website will show up within the first three links on Google.
3. Landing Page OpOptiPayisations
What happens when someone clicks one of your online ads? What does the landing page look like and when was the last time you thought about how to ensure this webpage converts them and pushes them into the sales funnel?
Every time someone lands on your website, you need to be thinking of ways to convert them. This can be through content offerings or even driving the lead to different landing pages with data capture. Some ideas you can implement include having a form on any page with details of services / goods you provide, or allowing a ‘free download’ of an eBook or other content pieces where the user has to enter their contact details. Every time you ask a web lead for their contact details, you need to think about what you’re offering them to get their data. If you make this compelling enough, this means you’re getting the contact details of someone who is genuinely interested in whatever you’re offering them.
Once you have their data, this gives you an opportunity to sign them up to a mailing list where you send them the content they asked for and then every few weeks, send them similar pieces of content they might be interested in. This is also known as ‘lead nurturing’. Once you get a sense of the level of engagement they have, you can inform your sales team that it’s time to progress them further down the sales funnel and perhaps even start a sales conversation.
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Step Change is a strategically driven, marketing firm based in Sydney. They exist to help challenger businesses outsmart their competitors. They believe in following through business strategy from top to bottom which is why their business consists of departments in strategy, creative, digital and change (similar to account managers).
Who is OptiPay?
OptiPay, one of Australia’s leading business finance providers, has been dedicated to helping small business owners solve cash flow challenges for over a decade and has provided $1.5 billion in business funding to more than 500 Australian businesses. OptiPay specialises in modern financing solutions such as invoice factoring, invoice finance, debtor finance, and lines of credit. OptiPay’s mission is to support business growth providing liquidity in as little as 24 hours, ensuring they have access to tomorrow’s cash flow today. This rapid access to funds helps businesses maintain smooth operations and seize growth opportunities without the stress of cash flow constraints. At OptiPay, we believe that healthy cash flow is the lifeblood of any successful business. Our commitment to helping businesses overcome financial hurdles and achieve their growth ambitions has solidified our reputation as a trusted partner in the business finance sector. Whether you are looking to stabilise your cash flow, expand your operations, or navigate financial challenges, OptiPay is here to support your journey with innovative and efficient financing solutions.
