5 essential digital marketing tips for small businesses
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I'm gonna help you become a better digital marketer
by showing you some of the most important things
you need to know about digital marketing right now.
You see, digital marketing has been made
to seem way more complicated than it actually is.
That's a shame really
because it's actually pretty straightforward.
That said, if you do want to get the best results possible
from your digital marketing,
you're going to need to know and understand the strategies
that I'm gonna be sharing with you in this episode.
So, my promise to you is this.
If you watch this entire video,
you will be a better digital marketer at the end.
So, let's get to it.
(bright upbeat music)
So, the very first thing that I need to share with you
are the differences between digital marketing
and traditional marketing.
Brace yourself for this one 'cause it's pretty profound.
Actually, it's not profound at all.
And that's what makes it so interesting.
You see, digital marketing is really just marketing
done through the use of digital channels.
That's it.
Again, these are designed to appeal to mass markets and to try to reach everyone. Probably not your goal. Rather what you wanna do is be laser focused and selective with your marketing and reach again only those people most likely to buy. Digital marketing also allows you to get immediate feedback. And this is probably one of my favorite benefits of the channels. After all, if you think about running, say a magazine ad where you've got to think of the copy and the creative and what you're going to say, and then you've gotta get it all written up and sent to the magazine. It's gotta get published and then distributed. Well, you could be looking at weeks at best, months and maybe many, many months before you ever figure out if this worked or not. Digital marketing on the other hand. Well, in theory, you can write an ad and have it online in a matter of minutes. Immediate feedback, immediate correction, immediate results. Plus, digital marketing tends to be a whole lot easier to measure and to track because everything's digital which means we've got a digital trail allowing us to measure costs and results and everything in real time so we can make adjustments and tweaks and optimizations on the fly. Again, contrast that with waiting three months for your magazine to come out and figure out if things worked or not. And you can't measure clicks on a magazine. So, the best you can hope to do is well, really, either have them fill out some kind of a form on the magazine or visit a digital channel which ties us back into digital marketing. Anyway, there's obviously some serious advantages here to choosing digital channels going with digital marketing. But again, that's not to say that traditional marketing doesn't still work. It does. The point here is to take a look at either traditional or digital marketing and then sort of take a few steps back to the strategies and the fundamentals and the principles, the consumer psychology, the buyer behavior, why people do the things they do and then focus on mastering and learning that. Then, you can apply that to digital channels or traditional channels or any other channels that come out in the future. All right, the next thing that'll really help you become a better digital marketer is to understand the differences between strategy and tactics and when to use them. Strategy is all the big picture stuff. And this is really where you wanna focus your efforts. First and foremost, because this is the foundation that all of your future marketing efforts and tactics and tools and software and things like that are gonna be built on. Get this part wrong and nothing else matters because nothing else will work. Now, there are a ton of different strategies and approaches and ways to look at your digital marketing, but pretty much no matter how you look at it, it always comes back to four basic and really solid principles that have stood the test of time and are gonna be just as relevant today as they are a hundred years from now. I call these things the core four and they make up the center of my "Hub & Spoke" model of marketing. The core four are made up of model, market, message and media. So, let's unpack those now. The model is essentially your business. Your offer, your package, your servicing, the pricing that goes with it, how you deliver whatever it is that you deliver to the market. It's important here to design your model, design your business around what is the most enjoyable and profitable and in demand by the market. 'Cause the worst thing you can do is build a business that you absolutely hate. Next is the market. These are the people that you're going to serve and you don't wanna say everyone or anyone with money. You wanna be focused, laser focused on exactly who is going to get the best results from your product or service. And also the market that you're going to most enjoy serving. In marketing, we call this an ideal customer avatar or an ideal client avatar. And it's made up of demographic details like age, gender, income, occupation. Geographic details like what city or state or province or country they live in. And psychographic details like what are their values, their attitudes and their lifestyles. Next is your message. And here's where you're going to clarify and connect with your ideal target market by speaking directly to them about their pains and their problems and their frustrations, and how your business is uniquely positioned to help solve that for them. Telling stories about previous customers and previous client results is an incredibly effective way to do this as are getting testimonials directly from them and running case studies proving that you know what you're talking about and have done what you say you're going to do. I think that made sense. The point here is that to craft truly effective messages, well, you've gotta understand who your market is and what really makes them up and what makes them do the things they do. So, a little bit of market research and having a few chats with your customers never hurts. And the fourth part of the core four, and again the center of that "Hub & Spoke" model of marketing is all about media. And this is where you're going to go, where you're going to do your marketing, which digital channels you're gonna choose. Most businesses do this completely backwards. They start with the media by hearing a great thing about Facebook ads or YouTube marketing.
sentially, a user on these platforms may have intent
but they're probably more casually browsing.
After all, nobody really shows up in the morning,
logs onto Facebook or Instagram with a credit card in hand
looking to buy something.
This is why if you're doing search marketing,
well you can afford to be direct.
They're looking for something?
You have the answer.
So you can just give it to them.
With discovery marketing on the other hand,
you've gotta be a little more creative
and a little more entertaining.
You've gotta get their attention and then keep it,
and allow them to become interested
in what it is that you're selling or promoting.
Now, both search marketing and discovery marketing
are incredibly important parts to building
an overall successful and sustainable business.
But just like with direct response marketing
and brand awareness marketing,
you wanna make sure that you're using the right tool
for the right job at the right time in the right place.
All right, next I've got something
very important to share with you.
And it's something that rarely gets talked
about when it comes to marketing advice.
And that is the difference between marketing products
and marketing services.
Here's the deal.
Most of the marketing information out there
whether we're talking about textbooks
or courses, or even trainings,
they revolve around the marketing of products.
A product being something tangible that you can hold,
that you can see, that you can touch and that you can taste.
A service on the other hand is intangible.
You can't hold it.
You can't touch it.
You can't see it.
You can't taste it.
Plus, with services you often need to pay in advance
which requires a whole new level of trust.
This is why if you're marketing a service-based business
and you try to market it like a product-based business,
well, you're gonna be very disappointed.
Now, when it comes to marketing products,
you have the opportunity and the advantage
of being able to explain and to show and to demonstrate
how a product works, what it looks like.
You wanna show it in action.
Show the features, show the benefits
that the features will deliver.
Show the story behind it.
Everything like that.
Here's an example.
Let's say that I'm trying to promote and sell this pen.
Well, the fact that this pen has a lid is a feature.
The fact that it will prevent me
from getting ink all over myself, that's a benefit.
but you can take it further and you probably should.
For example, this pen lid also has a clip which means
that I can attach it to my papers or my notebook,
or even my clothes if I'm trying to sport that nerdy look.
Another feature of the pen lid itself
is the fact that the lid has holes in the top.
Maybe surprised to hear that the reason that pen lids
have holes in the top is to prevent suffocation
in case they accidentally or purposely get swallowed.
After all chewing on pen lids is an age old
albeit highly unsanitary practice.
Sometimes you just get hungry.
Services on the other hand,
well, they don't have that advantage.
So, the main thing when you're promoting
and marketing services is you want to sell the end.
Essentially, the end state or the benefits, or the outcome
or the results that someone will experience
after working with you.
In fact, when it comes to marketing services,
I'd go so far as to say it's pretty much
all about the end state and the benefits
and the outcomes and the results someone will experience.
.
or dissatisfaction or discomfort of their current state.
And then of course, paint the picture
of how they'll be so much better
after having worked with you.
All right, the next thing you really need to be aware of
if you want to become a true expert in digital marketing
is to understand the differences
between B2B and B2C marketing.
B2B stands for business to business.
And this is where your main customers,
your main clients aren't regular everyday people,
but rather other businesses.
B2C on the other hand means you are a business
that sells to consumers.
Regular, everyday people and not businesses.
B2B, business to business.
B2C, business to consumer.
And just like everything I've shared with you so far,
there's some significant differences
in the way that you wanna market your business,
market your service, market your product, market whatever
depending on whether you're selling to businesses or people.
And this is why the next thing you're gonna wanna do
is check out the video I have linked up right here
on B2B versus B2C marketing.
So, make sure to check that out now
and I'll see you in the next episode.
Basically, B2B marketing typically focuses
on fewer but larger customers
and B2C marketing on more but smaller customers.
This means for B2B type marketing,
you're gonna have a little more incentive
to put a little more punch behind your pitch
because you're gonna have to market to fewer customers.
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