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INCREASE SMB SALES GROWTH
DIGITAL MARKETING ADOPTION LEVEL
ONE Thing that Changes EVERYTHING
Value
Trust Adoption?
Barriers:
 Knowledge
 Expertise
 Terminology
 Bad experiences
Customer Acquisition Cost
CAC
Customer
Acquisition
Cost
CLV
Customer
Lifetime
Value
Barriers Add To Cost
Digital MarketingAdoption Level: DMAL
Beginning
the
Modern
Marketer
Journey
Perceives
value, begins
Operating as a
Modern
Marketer
Managing
as a
Modern
Marketer,
realizing value
Digital Marketing Adoption Level: Measurements
Website
SocialDMAL
Listing
Reputation
Online Ads
Technology
PEERS
COMPETITORS
Digital Marketing Adoption Level: User Guide
Segmentation Lead Ranking
Insights Messaging
DMAL
Value
Trust
Digital Marketing Adoption Level: Insights
• 4 Star Review
average
• Ranked #1 in organic
search
• Social Media has very
Positive Sentiment
• Business Listings
inaccurate
• Website missing
conversion elements
• Beat top competitor
w/additional
keywords
• Leverage Social
Media sentiment
with a larger spend
• Losing potential
Customers to
competitors on
Listings sites
• Two new local
competitors
increasing PPC
spend
Example:
Digital Marketing Adoption Level: Messaging
 Using specific language and insights for a business location
 Using SWOT data, integrating Peers and Competitors
 Adds value with each message
Case Study: Prospect Optimization
Large North American Home Services Marketplace – Blind Test 1060 leads
Digital Marketing Adoption Level Worked Undeveloped Appointment In Progress Sold
Awareness 397 96 16 0 0
Understanding 394 111 9 1 5
Positive Perception 243 65 4 1 0
Buy-in 25 6 1 0 0
Participation/Hands-on 1 0 0 0 0
Learnings:
 “Understanding” was the most productive segment
 “Awareness” was the most COSTLY segment
 Experienced Customers needed a more mature product to engage
Concerns with Customer Acquisition Techniques
*Worse, its not sustainable
Discussion Topics
‘Culture eats strategy for breakfast.’
- Peter Drucker

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LSA19: Increase SMB Sales Growth

  • 1. INCREASE SMB SALES GROWTH DIGITAL MARKETING ADOPTION LEVEL
  • 2. ONE Thing that Changes EVERYTHING Value Trust Adoption? Barriers:  Knowledge  Expertise  Terminology  Bad experiences
  • 4. Digital MarketingAdoption Level: DMAL Beginning the Modern Marketer Journey Perceives value, begins Operating as a Modern Marketer Managing as a Modern Marketer, realizing value
  • 5. Digital Marketing Adoption Level: Measurements Website SocialDMAL Listing Reputation Online Ads Technology PEERS COMPETITORS
  • 6. Digital Marketing Adoption Level: User Guide Segmentation Lead Ranking Insights Messaging DMAL Value Trust
  • 7. Digital Marketing Adoption Level: Insights • 4 Star Review average • Ranked #1 in organic search • Social Media has very Positive Sentiment • Business Listings inaccurate • Website missing conversion elements • Beat top competitor w/additional keywords • Leverage Social Media sentiment with a larger spend • Losing potential Customers to competitors on Listings sites • Two new local competitors increasing PPC spend Example:
  • 8. Digital Marketing Adoption Level: Messaging  Using specific language and insights for a business location  Using SWOT data, integrating Peers and Competitors  Adds value with each message
  • 9. Case Study: Prospect Optimization Large North American Home Services Marketplace – Blind Test 1060 leads Digital Marketing Adoption Level Worked Undeveloped Appointment In Progress Sold Awareness 397 96 16 0 0 Understanding 394 111 9 1 5 Positive Perception 243 65 4 1 0 Buy-in 25 6 1 0 0 Participation/Hands-on 1 0 0 0 0 Learnings:  “Understanding” was the most productive segment  “Awareness” was the most COSTLY segment  Experienced Customers needed a more mature product to engage
  • 10. Concerns with Customer Acquisition Techniques *Worse, its not sustainable
  • 11. Discussion Topics ‘Culture eats strategy for breakfast.’ - Peter Drucker