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Do This, Not That Your Guide To Successful Marketing in 2021

Search Engine Journal
28 Jul 2021
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Do This, Not That Your Guide To Successful Marketing in 2021

  1. Do This, Not That: Your Guide to Successful Marketing in 2021 July 28th, 2021
  2. Madelyn Wing Director of Partnerships #SEJWebinar
  3. 2020 was a year like no other #SEJWebinar
  4. 5 Small Business Survey Respondent Qualifiers: ● 600 Small business owners ○ Under 200 employees ○ Live and work in the US ○ Operate in legal, healthcare, automotive, real estate, home services, financial services, or advertising Respondent Demographics: ● Male 65% | Female 35% ● Average age: 39 years old ● Representation: 46 of 50 states #SEJWebinar
  5. 6 Although SMBs experienced a 38% average drop in annual revenue in 2020, the future is bright: 80% report that their business is now fully recovered. #SEJWebinar
  6. Marketing was critical to SMBs success 81% of businesses believe that their marketing strategy was critical to the success of their business during the pandemic 71% of businesses believe that their marketing strategy was critical to the survival of their business #SEJWebinar
  7. Marketing was critical to SMBs success SMBs who don’t engage in marketing reported a 5% greater drop in annual revenue in 2020 than the overall group. #SEJWebinar
  8. So what’s working? #SEJWebinar
  9. When it comes to marketing tactics and channels, here’s what SMB’s are doing 17% use paid search or PPC 15% engage in SEO or local search 6% do not do any marketing at all 57% use social media 49% have a website 43% use email marketing
  10. What marketing channels and strategies are most effective for SMBs? Companies that thrived during the pandemic were: ● 23% more likely to use social media ● 56% more likely to gather customer reviews and testimonials ● 70% more likely to use CRM software ● 108% more likely to use a marketing agency #SEJWebinar
  11. Most small businesses Who engage in marketing say that they have a strategy in place 36% say they have a strategy in place to cover the next three months 45% have their strategy mapped six months down the line 16% of business owners have a strategy in place to cover the next year — or longer #SEJWebinar
  12. And feel that marketing will continue to be crucial in the future 77% plan to invest more time and energy into marketing strategy over the next year than they currently do 43% plan to invest more money into developing marketing strategy over the next year than they currently do #SEJWebinar
  13. Small business owners who say that their business doesn’t engage in any marketing activity were 125% more likely than average to say they feel their business is destined to fail. #SEJWebinar
  14. Having a marketing strategy and function focusing on a digital footprint is key to success in this remote-first new normal. #SEJWebinar
  15. And what’s not working? #SEJWebinar
  16. Business owners are overwhelmed.... 57% of SMB owners feel stressed out by their job 59% of businesses owners don’t have enough time in the day to complete all of their job responsibilities #SEJWebinar
  17. Half of SMB owners who don’t have a marketing strategy in place say they have no plans to develop one 44% of those respondents said that they are just too pressed for time and/or overwhelmed with running a business to focus on marketing strategy And can’t find time to focus on marketing... #SEJWebinar
  18. … or are going at it all alone 49% of small business owners say that they do all of their own marketing #SEJWebinar
  19. Small business owners who do their own marketing report spending 20 hours per week handling marketing responsibilities 23% of DIY marketers don’t invest any money into determining if their strategies are effective Spending valuable time without clarity into what’s actually working #SEJWebinar
  20. 74% of small business owners who do their own marketing report that they would rather spend their time on primary business responsibilities And would rather be doing other things #SEJWebinar
  21. Business owners who are going alone are burning out and can’t be sure that their marketing is effective. How can they find more time and resources to devote to marketing? One obvious solution is partnering with a marketing agency. #SEJWebinar
  22. Some don’t work with an agency due to budgetary constraints 35% of SMB owners who do their own marketing say that they didn’t have the budget to hire an outside agency 37% didn’t feel confident they would be able to get an accurate picture of the ROI on hiring a marketing agency #SEJWebinar
  23. Many have used an agency before and don't any longer (largely due to financial strain) #SEJWebinar
  24. There is good news for agencies #SEJWebinar
  25. When asked if they would use a marketing agency again in the future Highly likely: 35% Somewhat likely: 58% Unlikely: 7% #SEJWebinar
  26. Small business owners who employ a marketing agency were 20% less likely than average to say that the pandemic negatively impacted their business. 79% of respondents saw a significant increase in leads after partnering with an agency. #SEJWebinar
  27. 100% of our study participants who employ a marketing agency said that the investment has paid off And not a single one of this respondent group rated their business as “ineffective” when it comes to generating new leads #SEJWebinar
  28. SMB owners who employ a marketing agency report generating, on average, 13 more new leads per week than those who do their own marketing -- and 21 more per week than those who hired an internal role to handle the job #SEJWebinar
  29. Where is the opportunity for agencies and SMBs to partner more strategically? #SEJWebinar
  30. The top three complaints from SMB owners who were unhappy with a previous agency: #1 The agency was incapable of providing additional assistance beyond lead generation (48%) #2 The agency was not a strategic business partner (46%) #3 The program did not feel customized to their brand (43%) #SEJWebinar
  31. Why do SMBs love their agencies? #SEJWebinar
  32. SMB owners want their agencies to provide more value and are willing to pay for it. 96% of respondents said that they would be willing to pay an agency for additional services to improve their business outside of marketing — such as customer service/sales training or brand coaching #SEJWebinar
  33. SMBs who worked with agencies previously wished their agency had: Helped the business improve customer service: 55% Recommended new technology to help grow the client’s business: 51% Improved workflows between marketing and sales teams: 43% Helped refine value propositions: 40% Enabled the business to better track leads: 38% #SEJWebinar
  34. SMB owners are looking for consultative partners who understand their business and can help improve the operations of their entire business beyond just marketing. #SEJWebinar
  35. What’s next for SMB owners? 77% plan to invest more time and energy into developing marketing strategies over the next year 43% plan to invest more money into developing marketing strategies over the next year #SEJWebinar
  36. They’ll invest time and money in… #SEJWebinar
  37. See all the data we uncovered in our report, Clients Tell All: What small businesses need from marketing agencies today #SEJWebinar
  38. Businesses who have a focus on digital strategies feel confident in their ability to succeed. SMBs and agencies are a perfect match, and there is plenty of opportunities to deepen the partnership. As businesses increase investment into marketing strategies, focusing on channels and campaigns that are the most effective will maximize that investment. #SEJWebinar
  39. Call tracking pinpoints your most effective marketing efforts #SEJWebinar
  40. Focus on the calls that unlock opportunities ● Purchase local and toll-free phone numbers ● Track calls from online and offline campaigns. ● Get call conversion with popular integrations #SEJWebinar
  41. Q&A
  42. Thank You Contact Madelyn Wing Director of Partnerships madelyn@callrail.com #SEJWebinar
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