Serious question. What happens to old leads? Do they become worthless at some point? Here at The Get Smart Group, we don’t think so. Well, maybe after 20 years when the product no longer exists, but really, old leads are still good leads until you get a “No” or a “Yes”.
When we’re building out follow-up systems for our clients, we always include a “Re-Engage” sequence. This is where we put all of your “dead” leads and let the system work its magic. On average, 10% of those leads will immediately come back to life and become hot. Another 30% will re-engage with you in the following 90 days. This is from a list that was previously deemed “dead”.
In fact, when Ali and I were doing a training for a new client back East, we had started the re-engage campaign on a Thursday for Above Ground Pool leads. By Tuesday, they had sold 7 new pools just to the old leads. It’s always fun seeing a system work and a near immediate ROI.
Think about it this way. A lead would not enter their contact information if there was not some interest in what you have to sell. Even if the timing isn’t right, they’re still interested. And hey, even if they went to a competitor, you still have accessories and related products you can sell to them, right?
Once you realize that there is immense money in the list, you’ll realize how important a proper follow-up system is. When you work with us to craft a customized follow-up system, we’ll make sure that all of your leads are getting emails and your sales people are getting reminders for a minimum of one year. If you’re not sure how often people are getting contacted (or for how long), please get in touch. We can walk you through what we do and how we can give you the peace of mind you’re looking for.
Old leads don’t die, they just go to the company with the best follow-up. Be that company.
The longer it takes you to follow-up with a lead, the less likely you are to close the sale. This has always been true, but is even more important to understand in the world of online lead generation and customer research.
A timeless article in the Harvard Business Review shows what happens when you don’t follow-up right away. In fact, the statistics are downright scary. After studying 1.25 million sales leads, these two amazing numbers have come to light:
You are seven times more likely to qualify a lead if you follow up within an hour than any time later.
You are sixty times times more likely to close a lead within the first hour than if you wait more than 24 hours.
I want to make sure you read that. SIXTY TIMES MORE LIKELY! Ok. Got it?
When a new lead comes in to your business, you need to have a process in place to follow-up with that lead immediately. Whether a dedicated person or the nearest available person takes care of it – this is super important.
Using our Leadgic follow-up system gives you the peace of mind that every lead is being followed-up with immediately and far into the future. As a business owner, the prospect of losing sales because of slow follow-up is frustrating… but solveable.
If you’re at all concerned about your process for new leads, please do give us a call to discuss. We can show you how we do it and how our system works.
Just don’t let another one fall through the cracks because you’re too busy. Please?
With more and more web users now viewing a record number of websites from mobile devices such as tablets and smartphones, it’s never been more important to ensure that your website or blog has a design which is responsive. Since the majority of internet users are now on a mobile device, it’s no longer enough that your website looks and works great when viewed on a desktop computer or laptop. Along with that, Google has also added mobile-friendliness to its list of SEO guidelines for websites. Since having a responsive design is now more fundamental than ever before to your success, we’ve listed some of the basic practices of a responsive design.
Begin with Branding
Whether you’re looking after the coding of your website’s design or are paying somebody else to do it, making sure that you begin with your brand first and foremost is absolutely essential. When putting together a responsive design for your website or blog, it’s not only important to make sure that your brand’s persona, voice and values are clearly communicated when viewed on a laptop or desktop, but on any other device. Paying careful attention to your branding and ensuring that each of your visitors knows who your brand is, its values, and what it’s offering is vital.
Page Loading Time
The amount of time that your website and pages take to load can be more significant to the success of your business than you may realize. Research shows that a huge percentage of internet users expect a page to be fully loaded within a matter of seconds, and will go elsewhere without a second thought if they are kept waiting. With such high expectations when it comes to page speed, it’s not only important to choose a design which is responsive, but also make sure that it is uncluttered, simple and ready to load up as quickly as possible on any device. Page speed is also crucial to your SEO efforts, with Google offering more favor to sites which load up quickly.
Choosing a responsive design which allows you to easily update the content on your website or blog is absolutely essential. Your content strategy should be a huge priority when it comes to putting together a responsive web design. Along with ensuring that text content is also responsive and readers can view blog posts, articles, and text on pages easily on any device, it’s also important to understand that today, web users are increasingly looking for other forms of content to words.
Images or video, for example, should be able to be seamlessly included in your responsive design in order to ensure that your site visitors have the best experience. A responsive web design is absolutely crucial for any website owner or blogger today. But, when choosing a responsive design for your website or blog, there are a range of important practices which should be taken into consideration.
It’s hard to sit around and watch current and former clients create huge holes in their online marketing strategy in the name of saving a few dollars. (Hint: It’s actually costing them tens of thousands of dollars in the long run.) Let’s discuss.
A comprehensive online marketing strategy is a lot of work. Between clever ad design, compelling offers, managing budgets, getting everything loaded, following up with leads, and more, it can quite literally become a full time job. But where I see the biggest shortcuts being taken revolve around the 3 lists. We’ve talked about this a bit before, but I really want to talk about some numbers here.
When I refer to the “3 lists”, I’m talking about your email list, your Facebook remarketing list and your Google (Adwords) remarketing lists. All 3 are critical to a successful digital marketing campaign and if you’re not building all 3, you’re seriously overspending on your marketing efforts. Here’s why…
When you’re running ads to what is called “Cold Traffic” (people who are completely unfamiliar with your company or brand but are targeted, potential leads), you pay more per click. Now, there’s nothing wrong with paying for cold traffic. Every business needs to do it. But you need to be thinking about your total cost of customer acquisition, not just what it’s costing you to get a single new lead. Not every lead is going to provide contact information or get in touch on their first experience with your brand (we love it when they do!), it’s going to require repeat messaging and advertising to convert the lead into a customer. So, how do you cost effectively reach those leads over and over until they become a customer? With the 3 lists . You need to be capturing emails and make sure your tracking pixels (Facebook and Google) are on every single page a lead might hit, especially if you paid money to get them on that page.
For all intents and purposes, it’s free to send an email. Sure, you might be paying a few bucks for an email sending service, but you can literally send tens of thousands of emails for that same monthly fee, so the cost is negligible. So, if you’ve managed to capture an email from a lead, now you can continue to market to them until they either buy from you or tell you to go pound sand. (The 2nd best thing to a “Yes” in sales is a “No” – you stop wasting your time and move onto your other leads) This doesn’t cost you a thing. But it costs you thousands of dollars if you didn’t capture the lead in the first place. Maybe 10s of thousands. Why?
Let’s look at an example with a 10 Day Tent Sale event that we typically run. A typical client would spend $5000 on their ad budget for 10 days over Google, Facebook and Youtube. For that ad spend, they would generate somewhere between 40-60 leads (Name/Email/Phone) and 80-100 people coming to their event. In most cases, they’ll see an immediate return of 12-15x on your investment. (Spend $5k on ads, generate $60-75k in top-line revenue during the sale) Great! but only if you’re doing it right.
The Email List
First off, let’s talk email addresses. If you’re running a 10 day sale, let’s say you end up with 50 email addresses. And of those, 5 buy a hot tub. You’ve still got 45 people who are interested in your product. They may not be ready to buy today, but they certainly have some money in their pocket for whatever you’re selling – in this example a hot tub. A lead would never part with their contact info if they weren’t at least somewhat interested in your product. Now, let’s assume that you’ve got a proper follow-up system in place which converts 5-7% of your leads within 180 days. That’s somewhere in the neighborhood of another $20-25k in top-line revenue on the same original ad spend. If another 5-7% convert within the 1st year, you’re now over 20x ROI on your ad spend. But it doesn’t end there.
The Facebook List
Cold traffic clicks off of Adwords can be expensive. Sometimes pushing $6-7 for Hot Tubs or Swimming Pools. But remarketing clicks on Facebook can be had for around $0.15. Those clicks are 97.5% cheaper than your original cold traffic clicks. So, if it takes someone 5 visits to your website to even become a lead and they keep searching for the same thing, you could spend $30-40 just to get their contact information if you keep starting from square one on the Adwords traffic. Or, your cost could be $6.60 for the same lead. If your goal is 100 leads per month, you’re talking about the difference between spending $3000-4000 or $660… A savings of ~$3000 per month, every month.
The YouTube List
Did you know that you can use your Google remarketing list to target YouTube ads? Did you know that YouTube has more reach than the top 10 shows on TV, combined? And you can get a full view of your YouTube ads for around $0.20? That doesn’t just mean that someone waited to click the “Skip” button. It means they watched your whole commercial. That means that if you’re driving 1000 visitors to your website each month using a cold traffic method, you can then show ALL of those people your YouTube commercial for $200/mo. There is no other place you can get such affordable video advertising.
So back up. If you were not capturing emails, or building your Facebook and Adwords remarketing lists, you’re talking about losing out on $50,000 in revenue over 12 months and overspending on your advertising by $36,000 every year. And this is just the potential from one 10-day tent sale. If you’re doing more than one, the missed opportunities add up real fast.
Ok, so what’s the point.
I care about our clients. I know that sometimes it can feel like there might be a cheaper option out there, but in the long run, there isn’t. We don’t take a shotgun approach to your digital marketing. There are a lot of moving parts to be aware of, and when they’re all working together, holy cow! We put a lot of hours and brainpower into making sure you’re getting the most out of your online advertising strategies. Your advertising costs go down, your lead quality goes up and your ROI goes through the roof.
If you’re spending thousands of dollars in a blitz to get people to show up at an event but you’re not planning for the long term sales, please stop now and call us. We can walk you through the comprehensive strategy, show you what it costs and how much money it’ll help you make. Our team does this every day and we want everyone on board an not wasting money.
We’ve posted several blogs this month about establishing your business profile on social media sites like Facebook and how it can benefit your business. Not only do you build interest around your business, but you can actually generate new leads. You know it’s time to kickstart your social media presence, but where do you start?
Get Your Website Running
When people see you on social media, they’ll start to look for more information. If your website isn’t up to par, it could send the wrong message. Focus attention on the different pages on your website, making sure that product information is easily available. Customers will also need a way to contact you or stop by your business, so make sure that’s on the website as well. You’ll also need to put some work into establishing your blog. Before you set up a social media profile, try to have at least a dozen blog posts on your website. This will give you some interesting content to promote through your future social media posts. Create a schedule so you regularly update your blog once or twice a week to keep things fresh.
Build Your Social Media Presence
Once your website is ready, you can devote your attention to establishing your social media presence.
Step 1: Build your page. Use interesting photos and well-written descriptions that really highlight who you are and how you stand out from your competition.
Step 2: Start connecting. The first people you’ll connect with are existing clients and your surrounding community. Point them to your website and the new content on your blog. This allows them to enjoy your online presence like they already enjoy you in person.
Step 3: Engage with your audience. Social media isn’t necessarily about how great your products are. Think about how you can solve someone’s problem and your audience will be engaged. Make your social media content more about your audience and less about you.
Step 4: Use your influence. Social media profiles that are professional, reputable, and personable will win every time over those profiles that are stale, boring, or inconsistent. Add customer reviews and testimonials to your site so potential customers know that they can trust you.
When you’re ready to get started, take your time and make sure it’s done right. Many small business owners have big ideas, but not a lot of time to implement them. That’s why we’re here. Take advantage of our 30 minute free consultation to see if we can help.
Twitter is a fun place to be when there’s breaking news. Everything moves so fast, trending topics can change by the minute, and it’s easy to stay up to date with the very latest information. This social media platform has a purpose and it’s here to stay. Is it the right place for your business to be? Probably not.
The Purpose of Twitter
Twitter was created to fill the desire for efficient connections with other people. Your customers likely look for news, gossip, sports, fashion, and celebrity happenings; they like the brevity of Twitter because posts are limited to 140 characters. Users jump from one tweet to the other in short bursts, not staying in any one place too long.
Twitter & Small Business
The biggest hangup when it comes to the small business market is the very thing that makes Twitter so unique: the fast pace. Tweeters want frequent updates, and they expect quick replies. One study shows that a business should produce 4 to 5 quality tweets per day to see the best results; you’ll also need to answer questions, add comments, and connect with followers for Twitter to be effective. For most small businesses, there’s not a staff member who can afford to be on call several times a day to babysit the account. That’s why we don’t recommend Twitter as an effective social media platform for 95% of our clients.
Navigating the world of social media is enough for most small business owners without adding in unnecessary work. If you have a designated social media staffer who can daily monitor your account – go for it! We can help you brainstorm ideas and create a plan that works. For the small business owners who can’t afford a designated social media staffer (which is most of you) – don’t sweat it! We’ve created highly effective social media plans for several small businesses like yours, and we can help you too. Give us a call or fill out the form for a free 30 minute consultation for more information.
We’ve witnessed small businesses, like yours, implementing an effective social media strategy. We’ve also seen small businesses try to fit into a box where they really don’t belong. It’s exhausting, and it’s not effective. Avoid the pitfalls that other small business owners have fallen into and choose the right social media platforms for your business. How do you know which ones are a right fit? It depends on your target audience and how many staff members you have to help out.
Narrow Down the Networks
There are literally dozens of social media networks where a business might consider launching a page. We’ll focus on the most common: Facebook, Twitter and Pinterest. When you consider each of these networks, ask yourself these questions.
Does this site relate to my business?
What is the target audience?
How much time is necessary to run an effective profile on this site?
Breaking Down the Details About Social Media Platforms
Facebook is great for small business because it helps you build brand loyalty and establish a good reputation among your community. When you post interesting content and valuable informational posts, you’ll be seen as an authority in your field. Facebook reaches a wide variety of people because there are users of all ages on the social media site. It’s a great opportunity to create ads that will drive traffic to your website. Some of the best posts on Facebook are personal stories and testimonies. Facebook users range from 25-45 years old. Of that, 60% are female and 40% are male.
Twitter is the social media network for quick updates, breaking news, new product information, interesting content, contests, and instant feedback from your followers. What makes Twitter unique is a sense of both urgency and brevity that the audience desires. They get all of the information fast, and everything is succinct. Twitter is ideal to start conversations with customers, and it’s easy to group similar conversations by using a hashtag (#). Twitter users range from 18-29 years old and are about half male and half female.
Think of Pinterest like an online scrapbook or bulletin board. It’s a great place to showcase products and inspire your customers using brands that you carry in your store. Pinterest is effective at driving traffic back to your website and you can micro-target your audience using their clearly defined categories. High-quality and eye-catching images are essential to Pinterest. Users on this social media site are usually 18-35 years old and predominantly female; 80% of users are women.
Consider the Time Commitment
These platforms are called social media because it’s a place to be “social.” Building a relationship with your audience is essential on all social media platforms. Set aside time to post videos, share articles, and generate interesting content. You’ll also need to set aside time to interact with your customers. It takes an experienced social media marketer about 6 hours per month to create posts, gather images, and schedule them to appear on one social media platform. Multiply that by the number of platforms you want your business on to get a good number of hours to dedicate. Be sure to add time for interaction.
Follow your instinct; you can run a successful business without being on every social media network. Start with the one that best matches your audience and create a system that allows you to easily manage your profile. Once you feel comfortable with that, feel free to add more (or not). If you need any help with your small business social media page, give us a call or drop us an email.
I was sitting with my 92-year-old grandfather and thinking about the changes he’s witnessed over the decades. Technology means the world looks completely different now compared to his childhood. When you narrow down each industry, marketing has been similarly impacted. Marketing a small business has changed more in the last two years than in the previous 50 years combined. Why? The biggest change is inbound marketing.
A Brief Explanation of Inbound Marketing
The sole purpose of traditional marketing is to push marketing messages onto customers. Consider traditional forms of advertising like TV and radio ads, print advertising, telemarketing and direct mail. Customers didn’t ask for it, but they’re seeing it anyway. If that’s the only marketing you’ve been doing, it’s time to make a change. Customers are responding positively to inbound marketing, which doesn’t interrupt people from what they are already doing. Instead, the goal of inbound marketing is to make your business what the customer is interested in so they seek you out for more information.
The Recipe for Inbound Marketing Success
It’s not an accident when an inbound marketing campaign successfully attracts new customers and generates buzz on the Internet. In fact, there’s a specific recipe for success.
Website Search Engine Optimization (SEO): Optimize your website for popular search engine terms associated with your business. Focus specifically on the URL, the page title, the header tags, the alt tags in your images, and the text on your site. Strategically placing keywords in these locations will ensure customers see your website first when they’re searching online.
Blogging: One of the very best ways to increase your online footprint is by regularly updating the blog on your website. A well-done blog actually increases your website’s performance in search engines. You can even pair blog posts with premium content – like a landing page where you can build an email list – to generate leads through your blog.
Social Media: Gain visibility through social media platforms like Facebook. Through social media, you’ll find fans of your products and those fans will “like” or “follow” your business for more information. Social media is also a great way for customers to share information with each other. Create a calendar that you can follow so you post consistently.
Current successful marketing campaigns includes inbound marketing. If you have questions or need guidance, let us know. Inbound marketing is our specialty, and we’d be happy to be on your team.