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  1. FRANCHISE BUSINESS NETWORK
  2. • Rachael is an experienced digital marketing strategist with over 10 years’ experience working with B2B and B2C companies. • She began her career in broadcast production at the Chicago-based ad firm, Leo Burnett. • Rachael also worked as an SEO and digital marketing strategist for Organic Ranking Systems. She joined Fishman PR in 2009 and developed the content marketing practice. In her role, Rachael creates effective strategies to help franchise brands achieve consumer awareness, franchise lead generation, search engine optimization and online reputation management objectives. Rachael Wachstein, VP Content Marketing Fishman Public Relations 2 Fun Fact: Rachael’s youngest child is featured in Awkward Family Photos 2015 coffee table book, “Born to Be Awkward.”
  3. 3 OVERVIEW The State of Franchise Sales Today Developing the Right Messaging Delivering the Right Messaging The Golden Rule of Content Marketing for Franchise Sales 1 Take-Aways 2 3 4 5 Questions6
  4. 4 The franchise sales game has changed.  Prospective franchisees have greater access to information and are more self-directed than ever as they explore franchise opportunities.  Prospects research and evaluate opportunities before consenting to engage with a brand.  Although the candidate is in control of their sales journey, franchise brands can use content marketing to influence their decision making process. THE STATE OF FRANCHSE SALES TODAY
  5. 5 DISCOVERY • Content is used to raise awareness of a franchise opportunity with the goal of driving traffic into the sales funnel. • Content can be used to attract users that fit targeted buyer profiles. LEAD SALES READY LEAD THE STATE OF FRANCHSE SALES TODAY There are three stages in the sales journey where content marketing can be used to influence a prospect’s decision... • The most basic, top-of-funnel lead is an inbound web form completion. Web forms are commonly competed to ask a question or download a gated asset. • Those who submit the forms are considered leads even though they may not have the resources or intent to invest. • Content is used to inform, engage and inspires leads through branded communications. The lead is nurtured until they are sales ready. • Sales ready leads may have come in as a web form completion, but since then they have demonstrated sales- readiness through subsequent engagement. • Sales-ready leads are prepared to be contacted by a sales rep. 1 2 3
  6. 6 Not all franchise prospects are the same and you shouldn’t market your opportunity to them as if they were. The very first step in effectively marketing your franchise opportunity is to segment your target audience. DEVELOPING THE RIGHT MESSAGING When you try to be something for everyone, you end up being nothing at all. Example Target Audience Segments: Multi-Brand/Multi-Unit Experience/Background Business Owners (conversion opportunities) Customers Veterans Women Questions  Do you currently segment your target audiences?  What are some of your segments?  Does your CRM allow for segmentation?  How do you market differently to your audience segments?
  7. 7 Select key audience segments and build out profiles. What are their business and life goals, interests, motivations and pain points that buying your franchise will solve? DEVELOPING THE RIGHT MESSAGING Background Industry/Occupation: Experience: Age: Location: FRANCHISEE PROFILE Habits Media Consumption: Trusted Sources: Research Methods: Influencers: Situation Highest Priority: Needs/Desires: Goals/ Aspirations: Pain Points: Objections: Decision Investment Process: Stakeholders: Other:
  8. 8 DISCOVERY blog posts, social media, byline articles, email, website, ads LEAD SALES READY LEAD DELIVERING THE RIGHT MESSAGING eBooks, whitepapers, guides, reports webinars, long form videos, podcasts, case studies, franchisee testimonials, executive profiles, email nurture campaigns 1 2 3
  9. 9 Drive traffic for relevant searches by blogging. Blogging is one of the best ways to drive traffic to your website, demonstrate thought leadership and increase awareness of your franchise opportunity. What is your target audience searching for online? Write blog posts around those searches. Ex. How to start a tutoring business? Pro Tip: Don’t guess. Use Google’s adwords platform to see what people are really searching for. DELIVERING THE RIGHT MESSAGING Phase: Discovery
  10. 10 Drive traffic with LinkedIn’s publishing feature. Social media and networking sites like Twitter and LinkedIn are powerful tools for increasing awareness of a franchise opportunity. • Add prospective franchisees, brokers and contacts as connections on LinkedIn • Write informative posts that are worth sharing on topics of interest to your target audience DELIVERING THE RIGHT MESSAGING Phase: Discovery
  11. 11 Drive traffic with LinkedIn’s publishing feature. You better have something worthwhile to say or you risk being annoying. Pro Tips: 1 INCLUDE A CALL TO ACTION 2 ADD VALUE
  12. 12 Utilize advertising opportunities to deliver relevant messaging. Ads should be targeted to specific prospect profiles. General messaging about the franchise opportunity is a waste of resources. Relevancy is key to advertising success, resulting in higher click through rates, etc. DELIVERING THE RIGHT MESSAGING Phase: Discovery
  13. 13 Franchise or industry reports assist people in researching your franchise opportunity. Offer them as a download in exchange for contact information to capture leads. In this example, the report addresses a common objection to investing in the franchise… “Isn’t the pizza segment too crowded?” DELIVERING THE RIGHT MESSAGING Phase: Lead
  14. 14 eBooks can be used to capture leads. Create ebooks that your target audience would be willing to trade their contact information for. The content should move the user closer to making the decision to engage with a sales representative. DELIVERING THE RIGHT MESSAGING Phase: Lead
  15. 15 Use webinars to move users from leads to prospects. Once a user registers for a webinar, they become a lead. When the lead attends the webinar, they are engaging with a brand and demonstrating interest or sales-readiness. DELIVERING THE RIGHT MESSAGING Phase: Sales Ready Lead
  16. 16 Use content to nurture leads until they are sales ready. Today’s franchise prospect doesn’t want to fill out a form and get an immediate call from a sales representative. You need to nurture them through the sales funnel until they are ready to engage. Instead of pitching your franchise opportunity as the greatest thing ever, you should first offer value. Examples of valuable offers include webinars, ebooks, and whitepapers. DELIVERING THE RIGHT MESSAGING Phase: Sales Ready Lead Email Subject Line Call to Action Content Type Goal What type of job will bring satisfaction and meaning to your life? Take franchise opportunity quiz Quiz Share insights, connect with people who would be a good fit for the opportunity Why do we work? Download whitepaper on the meaning of work White Paper Educate leads on the franchise opportunity that combines financial freedom and making positive change in the world Everyday Heroes: The Story of Jane Doe Read this resource Blog Article Build a personal connection between leads and a franchisee they can identify with What if your job made the world a better place? Register for webinar Webinar Identify candidates who are motivated by our mission.
  17. 17 Online brochures and bullet point information won’t sell franchises. With so many opportunities to choose from, brands must tell inspiring stories about themselves in order to stand out in the crowded marketplace. Content marketing helps candidates understand a brand’s mission, purpose, impact and culture. These are the things that truly differentiate your opportunity from all others. THE GOLDEN RULE OF CONTENT MARKETING FOR FRANCHISE SALES: YOU MUST TELL A COMPELLING STORY
  18. 18 Car Salesman vs. Walt Disney THE POWER OF A GOOD STORY What story are you telling about your brand and franchise opportunity? He tells you all of the great features of the used car, reciting basic facts. He creates a world that you can identify and connect with.
  19. 19 'Finding Nemo' spawns clownfish craze at pet shops THE POWER OF A GOOD STORY The Finding Nemo Effect “According to one study, the clownfish populations of some reefs dropped by 75% in the five years following the movie's release.” - Telegraph
  20. 20 THE POWER OF A GOOD STORY “Help Change the World One Child at a Time” e² Young Engineers : Owning and operating a children’s educational enrichment franchise is much more than an investment in your financial future – it is an investment in the future. The mission of e² Young Engineers is to prepare children for the world they’ll be living and working in. e² Young Engineers fills the gaps that traditional education fails to address. We provide children with accessible, fun and exciting ways to learn important science, technology, engineering and math (STEM) concepts – skills that are necessary for the creative and critical thinking needed to be successful in the modern world.
  21. 21 THE POWER OF A GOOD STORY “We Serve Up Smiles” Menchie’s Frozen Yogurt Are you searching for more information on a frozen yogurt franchise because you want to run your own business? Have you been looking for a new career path because you want to make a positive difference in the world? Menchie’s Frozen Yogurt may be the right franchise for you. Menchie’s is a self-serve frozen yogurt franchise that serves a delicious frozen dessert, but more importantly, we serve up smiles. The success of our business model is evidenced by our tremendous growth around the world and our numerous franchise industry awards.
  22. 22 THE POWER OF A GOOD STORY We are Passionate About Giving Back to Our Local Communities. Jersey Mikes Jersey Mike’s, a fast-casual sub sandwich franchise with more than 1,500 locations open and under development nationwide, believes that making a sub sandwich and making a difference can be one and the same. Jersey Mike’s offers a sub above, serving authentic fresh sliced subs on freshly baked bread – the same recipe it started with in 1956 – and is passionate about giving back to its local communities. In just three years, the company has nearly doubled in size. A 2014 Technomic report ranked Jersey Mike’s in the top five fastest-growing restaurant chains with sales above $200 million.
  23. 23 THE POWER OF A GOOD STORY “We Help Families and Give Loved Ones the Quality of Life They Deserve.” Senior Care Franchise
  24. 24 TAKE-AWAYS Facts and figures don’t sell franchise opportunities, you must communicate a compelling story to stand out You don’t control the franchise sales process1 2 3 Content marketing can be used to drive traffic and awareness, capture leads and convert leads to prospects Potential franchisees are like wild stallions. They just want to run free.
  25. Q&A Email me at rwachstein@fishmanpr.com for a free 30 minute brainstorm Want to learn more about content marketing for franchise sales? Register for our upcoming webinar. “10 Characteristics of a kick-ass Franchise Sales Website” www.FishmanWebinar.com
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